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I tried many times to teach people around me about the bitcoin, some of them go attracted towards it and are part of this forum, but majority of people were simply not interested in it.
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Giving loan till halving
I am also giving some loans to the persons who need it, but for that I am not using any online lending system like BTCjam, as at there I think it will hard for me to get my money back when a person default, so I am giving loans in my family members and other relatives. You take interest from family members? I mean giving loan to relatives is a good option but you cannot expect to make profits from family, that is really weird. |
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Right now you should not do it because the price will stay increasing and due to that its very bad in my eyes to now sell it.
Of course you can make already profit now but you should wait till it has been increased more.
yep , we are near the halving days. bitcoin price will be increasing likes 10 - 30% , this time to saving bitcoin and stay away to gambling. If you loose in gambling at this stage than that would be horrible situation for you, as you cannot afford to loose a single penny at a moment as halving will give you better returns in compare to gambling. |
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this week will end with 820 usd price . what you think about it ?
It's definitely possible as the market is due for another part of the rally to continue. I hope when we do finally get to see the $800 level that we manage to stay above it and not fall back to current prices again. Yeah it would be good to see if it remains stable at $800 price, and if it reaches there then majority of people will sell their some coins and secure the profits and that is the right thing to do. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
The Bitcoin and Gold both are investments, the price does not change much compared to bitcoin. What differentiates them is that Bitcoin can be spent in the internet, but not Gold. Gold is still older than the Bitcoin, that is why it is used more frequently. The fact is people have more faith in gold as it exists since long time, and they can hold it physically, comparatively bitcoin is still very new to them and to be honest they don't trust it. |
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I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.
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Would never quit my job for the bitcoin when its like this because its unstable and still can collapse with its price.
So right now its simply just not worth the time to go full time into it.
That's true, not the right time to get full time in bitcoin as price is not reached to the top yet and its difficult to predict what will be the price in future, so better keep on earning from both of them. I think it is not a problem, if you can get bitcoin productively in large numbers. the point is when you can get a lot of bitcoin, you can decide to take full-time in bitcoin. Yeah if you are earning good number of coins on regular basis then you can surely get full time into bitcoin, but you also need to plan it in a proper way and be ready with back up if this plan doesn't work. |
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When ever u have money. What some people predict in future it will be good to buy even if its double then now.
It also depends what u plan to do with them. Saving or trading, maybe some other investment.. u have a lot of choices all u need to do is to find best for you.
If you want to grow your money in future then investment is the key, but saving is also good as you have access to your money whenever you want so it can help you at the time of emergencies. |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.  To be honest I do not really plan on getting rich with Bitcoin because I know that the chance is small is so I do not spend that much time on it. If it happens or it can happen that I can become rich with the Bitcoin then that would be nice. If we make efforts now to collect bitcoins for future then I think we can get rich with it, but for that we need to hold very high number of coins and it will also depend on what price is holds in future. Perhaps better is to collect as much bitcoin, and bitcoin hold up a long time until tebih prices high. It will make us get a lot of bitcoin and huge profits. Earning huge amount of coins is not easy, if you are already rich then you can buy it and hold for the future as price surely gonna higher in future which will make you rich if you sell at the best price. |
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buy as much as possible, then sell it all quickly when prices are rising and it was the best choice. yeah like doing a fast trade.
That's what I'm going to do also, buy as much as possible and as many as I can. Because that's a good opportunity if we are going to look at the good side of it. And more people will tend to that also as they know that the price will going to increase again. Exactly that is the right move to make if price falls that low, as bitcoin has a potential to rise again and buying at that low price will allow us to make huge profits in future. |
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The bitcoin price could rise after some more consolidation. The price could rise to around $500 in June.
Chances are very high that all the real action will start in Juli, and till that time the market will remain relatively calm. I also think that the price increasing will start in July but its still the question if this will really happen, I hope it will but right now we cannot predict this. Yes i think the price will start up in june/july because like you said in above market looks like calm in couple month never see price can break the big wall at $490. Bitcoin started already to rise and that is nice for the people who already have Bitcoin but of course it wont be that easy to earn some more money with Bitcoin because you dont even know what will happen in the future. But it should be nice if you can earn it in a fast time so you dont have to wait that long any more. Bitcoin is rising at a moment and we can expect same in coming days too, so if you are planning to sell your coins, then just hold it for next couple of days to earn extra profits. |
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Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.
That's why it's better to secure a certain amount of your profits at these prices right now just in case the price goes down heavily. It will leave you a very bitter taste if you could have secured profits at these prices, but you didn't while the price has gone down heavily. Exactly, I think this is the right time to sell some coins and grab the profits as we are not sure what will be the exact scenario after the halving. |
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This is for my opinion and what im doing Saving is always a good habit as it can be helpful at the time of emergencies, so for that you need to see what is your income and what are your expenses and depending on your income you need to reduce your unwanted expenses.
saving is a good habbit, but I think for long term we should not have to think to only save our money but we have to think to increase our income, and with that we have to invest our saved money in order to get more income for the future and then will be able to spend on any thing which we want. To live a good life ahead I think investing is the right choice, as saving will not allow you to grow your money in long run and a good investment can really make you rich in future. |
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There is no specific answer in this question
It depends from the country you live,your lifestyle and the bitcoin price ofc
Yeah youre right, the price of bitcoin is the only main thing for you to save a lot or few btc. If you have save a lot of btc but price is low its worthless,unlike saving some but the price is on the top it would be better. No one is sure what will be the price of bitcoin after 20 years, but it will be always good to have more coins in wallet, so even if price is not too high, still we can expect good and comfortable life. |
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Bitcoin has really helped me to buy things i want without having to waste my "salary". and its going to help me in the future too.
so its totally worth it for me
bitcoin obviously very worth for everyone, I do not think if there are people who say bitcoin is not worth. bitcoin has high value and also a lot of convenience to get advantage of bitcoin. People who are using or holding bitcoin really knows the worth of it, and that is the reason they are continuously busy in collecting the coins, as everyone knows its worth will be really high in future. |
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in my opinion, resign from your job to go fulltime on bitcoin is not bad, if you can earning 5times or maybe 10times from your salary. but i oubt for long term job, bitcoin is not safe. bitcoin can fail to some dollar again.
if you want to go full tiem on bitcoin, i prefered you to start collect or safe your bitcoin, so you can use it as capital for your full time on bitcoin.
I'm also want do that, but i think it's to risky do that. It's like you 'gamble' your life into bitcoin and bitcoin not always have a good price, and when the price goes down, your earning also goes down too. it is risky but to earn that much will require the same amount of time you spend when you have your old job, and plus since you are going a fulltime bitcoin im sure you can find some extra works as a freelancer or any other jobs online to ad extra income which you cant do if you have a normal job. You cannot expect that you will find work everytime as a freelancer, it depends on the demand of the client, and that work is not permanent, and its difficult to find work on regular basis. |
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I definitely am. Bitcoin prices have been on the rise for weeks now and I just believe this is not the end of it yet. We should be in for more future price rises, especially in the long term when bitcoin is used as a global currency.
In the long term, bitcoin will be a good store of value when fiat collapses.
That's right, bitcoin will be the best in future providing us more benefits in compare to present, hold it for long term to get best benefits from it, not wise to spend it now. |
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Enormous ways to earning Bitcoin? the enormous ways is the signature campaign especialy if you are in a higher position. dont try faucets it just a waste of time for you to do it, it will only get your effort for a small or cheap amount of btc.  Signature campaign is really good to earn btc, and there are many other ways too, if you want to multiply your coins in quick time then you can go for trading. |
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I will just hold them till the bitcoin price reaches 1500$ and sell them and start my new business For newbies maybe this is the best way to do to make more profit with 10 btc.. than spend it for nothing.. or if you want to increase more the amount better to try to risk it in trading to make more bitcoin .. or start a small business like faucet.. Trading is good only if you can afford to take risk, and I am sure no one wants to risk their coins at this stage, everyone will prefer to hold it for the halving. |
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21 moondollars at current price is around $8800. I am from Europe and you can achieve this mark in 1 year or half a year if you allocate like 10% of your salary into a uᴉoɔʇᴉq fund. $5000 a month is an average salary here. By the way there are high-paying jobs like medical specialists lawyers engineers etc. that can make $10 000 in a month easily People with good education have the means to buy more than 21 moondollars at any given moment there is no doubt about that. The only question is if they believe in uᴉoɔʇᴉq to make the purchase.
Things are changing fast. Now at current price, 21 BTC entry point has been raised to: $16.060! Amazing, it's now two times harder to enter with that position than it was 2 months ago. This is why people owning 21 BTC already are part of elite, because it will get harder fast, really fast to own 21. Yeah price is moving up fast now, so its not easy even to buy those huge amount, and earning 21 btc will really take time, that is the reason early adoptors are pioneers of bitcoin. |
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