To invest in bitcoins and multiple altcoins is the only strategy I have at a moment and its working really fine for me as with altcoins I am making some profits on daily basis and hopefully it will continue in future too.
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The price of bitcoin is moving like crazy at a moment and it has crossed all its hurdles and have achieved all time high price and in coming days and months we can expect the same movement and it will hit 2000 usd pretty soon.
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Yes bitcoins can never replace fiat as the user of fiat are much higher in compare to bitcoins and even in future majority of people will prefer to use fiat money as they are very much used to it and find comfortable in using it.
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I sold my hero member account for 1 btc before 2 years but the fact is at that time the price of bitcoins was too low so I couldn't enjoy that profits as it was spent very quickly on my basic stuffs.
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If I would be in desperate need of money then I would borrow it from my girlfriend as she is a super rich girl and if I don't ask money from her then what is the use of having such an rich girlfriend as even now she is the only one who is taking care of my expenses
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Either invest in bitcoins, gold, silver or real estate as this are the best places to make an investment and even if one investment fails you always have an chance to make profits from other investments.
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Both are good ways to make money, but only you can know which is the best choice for yourself, as this will depend on your abilities. You must respect some rules, of course. One of them is never investing in what you do not understand, another is not putting money that you can not afford to lose.
Yeah and if you want control on your money then you can go for trading and if not then you can try for different investments after doing a good research but do not forget the fact that risk will always follow you.
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Now you lneed to learn basics of trading and gamble with money which you can afford to lose.Later try investing with little bucks It will not guaranteed that it make you money ,Learning the basics is not enough you need to learn more advance skills and be a wise in investing of money .Gambling is nit a good advise ss its creates more opportunity to lose money .Trading needs a good learning and applying of skills. even a skillfull trader will not always get profit in trading bitcoin. I think minning or join signature campaign is good way to get steady income. I really wish that microtsock agency or google adsense will addopt bitcoin as payment methode. The basic problem with the people is that they want to earn quickly and go for gambling without thinking about the huge risk involved in it. It may be a good decision but for a few people not for all while trading is a very good opportunity but it demands attention and time from the person. Neither trading nor gambling will ever give you a stable income in fact most of the times you will be making loss if you don't have enough knowledge of trading and if you are putting your money blindly in trading then there is no difference between trading and gambling.
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Price is going higher so I don't think that people will get panic as they will only get panic when price will start going down and without waiting for the right time will sell their coins at a wrong time and will invite big loss for themselves.
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digital money more safer than paper money... future is digital concept
both of them is safe, its depending about your privacy, and how you safe it. if you safe your bitcoin at online wallet then somone hack your account, you will lost too Yes agree that paper money is the most common form of money used in the world and it will be common for some more time. The digital money is insecure as compare to it but after taking the interest of the government it will not be that much insecure, the reason on the digital currency hacking and stuff is due to the lack of interest of the government. Not only Government but that will be many common people who will be scared of using bitcoins as they will always have fear of loosing their money as I have seen many people who hesitate even in using credit cards for shopping.
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The worst decision was not buying enough bitcoins when the price was low in the past and spending them on gambling sites hoping to multiply them quick which resulted in total loss to me and now I am left with nothing in my hands.
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People don't have any idea and knowledge about bitcoins and if they don't have any knowledge then we can expect the same mentality as they will always listen to what people around them feel about bitcoins.
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Localbitcoins is the best place to buy bitcoins as there are many trusted traders with high trust ratings and as soon as they receive your deposit they will transfer bitcoins instantly to your wallet.
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It's better to store your bitcoin in your bitcoin wallet more safe and more trusted than investing but we know that now all cryptocurrency exchanger are trusted there are also exchanger that scam money when you do exchange
Damn it. You are fucking crazy man. No one ever trust exchanger like you. Bifinex, mtgox, etc. Do you remember those? many people have lost their money in those trading platform. I will never put my money there That's the right thing to do never put your bitcoins on trading sites as there is always an fear of loosing your bitcoins to hackers so the best and safe place to store your bitcoins is either in offline or hardware wallet.
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In search of bitcoin, very many ways, but it will be very difficult if you are very greedy. Before making a profit, you have to prepare yourself with the risks you will face. Maybe you can start from investing, because then, it's so promising, and profitable.
Investing but where? Do you know any good place to invest your bitcoins? There is not a single place on whom you can trust to make an investment so its better not to invest it anywhere and keep on looking for safe ways of earning them.
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Saving bitcoin is not for fun but to secure the future as bitcoin can go much higher in future and if we have saved good number of bitcoins then there is a possibility that we can become rich with it when price will skyrocket.
There is no assurance that price will skyrocket in future but its good to save for future as even if price goes to decent level then also you can make good money by selling them at higher price.
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As far as my country is concerned there is no bank that accepts bitcoin and I don't see it happening even in future as the government of my country will never allow that to happen.
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Trading and signature campaign is the best source to earn bitcoins at a moment and I think majority of the people are earning in the same method and if you have some good skills then you can also offer services and get paid in bitcoins.
How about gambling? There are also many people who are making regular money from gambling as they don't have patience to wait longer to earn money and if you are good in it then there is nothing wrong in earning from gambling.
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I think what governments like best are taxes. So if bitcoins are handled correctly, without any illegal activities and everybody pays their taxes on them, then I am sure that no government would have something against the use of a cryptocurrency. Unfortunatelly sometimes someof the things I mentioned are not fulfilled completely by a few users. That one reason why governments are suspiciously against cryptocurrencies.
In my opinion that is just an excuse used by the governments to try to destroy bitcoin, they are going to say that bitcoin will never be able to comply with their guidelines and as such they will never accept it and I think governments will go as far as creating their own coin to try to rival bitcoin. Yes that is a possibility that government will create their own coin on which they can have total control like fiat money and which can give tough competition to bitcoin in future and if it will hold good features then people will surely switch to that coin. I don't think it is possible because already many country govt is thinking to accept this Bitcoin as a legal currency. And recently also one country agreed with this Bitcoin. So slowly one by one country may accept this Bitcoin. This is also possible am I right. We should think about both positive and negative. But I think the govt will not take risks to create a new coin. So do you really feel that other countries will start following Japan in near future? There is a least possibility that every country will start accepting bitcoins as we cannot forget that many governments are interested only in their own benefits.
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When I firstly heard about bitcoins I thought that its a pure scam and its not worth to invest money in it as in long run it will only give me loss so after doing some great research I found that its an genuine way of earning some extra money.
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