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Name : izlevinv
Posts count : 305
Rank : Senior Member
Btc Add : 15jEf2XMy2JXa21LBQdfFY18R4fNnJAMz9
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The best and safe place to save your bitcoins is in offline wallet as your coins will stay safe there and no one can hack your wallet and its more safe in compare to online wallet where scammers may try to hack your wallet and I am using electrum wallet since long time and have not found any issue with its security.
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Buying it using credit card is not a good idea. There is even the possibility of hidden fees on some websites.
I think if you are patient and buy using fiat, you will have a better return on your investment.
Buying with credit card is not a good option as you also need to disclose your identity and give all your personal information, for me the best way is to buy in cash on localbitcoins where I simply deposit cash into traders bank account and upon receipt he transfer bitcoins to my bitcoin wallet address. |
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Dumping is not good and I think if you are dumping you bitcoins right now you are just stupid because the price is not super good and because of that fact it would be not worth selling it right now.
Yup I don't think to dumping my bitcoins neighther I won't support it, because if we expect that the Bitcoin's price will increase soon so we can make a good profit selling it then, wait for christmas pump and utilize it to sell it out. We have been waiting since very long time to see the price of $1000 and that is expected to achieve in the end of the year or may be by the next year, so selling coins at this stage won't be a smart move to make and its better to hold them for next couple of months and sell when it crosses 4 digit mark. Since you expect it to hit 1k it wont hit... instead it will hit lower until you dont expect 1k anymore... truth hurts but experience will tell you Yeah $1k is not easy to achieve and it will definitely taste our great level of patience till we reach to that point as many people are desperately waiting for that price to sell their coins to gain higher profits, bitcoin surely has an ability to touch that price again but no one knows when exactly it will happen. |
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When do you think will be a best time to buy bitcoin and when is the best time to keep bitcoin first before selling?
The price of the best last month is really low and that's the best time to buy bitcoins if you are not buy in last month then you should wait till the bitcoin roll over again into the price of 500 - 600$ before you buy again but for me if you realyl can't wait buy now and then sell it when the price is high again. Its difficult to believe that price will fall to $500 level again in coming months as we are seating at $700 at a moment and it is expected that price will keep on moving in upward direction in coming months so I think this is still the right time to buy bitcoins as even if price reaches to $800-900 level you can make good profits from it. $500 is a history now and we will never see that low price of bitcoins in future and even if it falls in coming period then it won't go below $600 so if you are waiting to buy bitcoin when it goes back to $500 then you are surely wasting your time as bitcoin has started to go higher now so we can expect higher price in future. |
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Holding some bitcoin for the long term may be the best way to make money. I try to supplement that by trading on the short term peaks and valleys in the price.
i think if holding long time bitcoin is not good because bitcoin price is and range wave price is slow move example in 2013 bitcoin price 1000 dollar, and you buy and hold until now you still lost your money not profit is good is inday trading, shortem trade, not longterm Holding Bitcoin is probably the safest possible investment you can make. If you think the otherwise just because some noobs bought themselves some +$1000 coins, then you really have no clue about how investors with common sense and actual experience are working. Simple thing - smart people have bought their coins for a few hundred at most, and sold at +$1000 prices, while noobs thought exactly that price would be a decent investment. Do you see the difference that I try to point out? Noobs got burned heavily. That's true holding is the safest way to make profits in future and most of the users prefer to do the same without putting their coins at risk by investing it anywhere, and if you are safe player then for you the best choice is to keep them safe in wallet and sell when price reaches to extreme level in future. I disagree on that as I feel that holding is the risky method to make profits as price may even fall in future and at that point your holdings will be of no use as you need to again wait longer for price to rise and no one knows how long time it can take so I will choose to invest them in trading and try to grow my coins over a period of time. |
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Holding bitcoin for a long time is both good and bad. It is good if you have plan or target price to sell it. It is bad if you just hold it without having a future plan for it. You don't have a target price to sell it. You just want to sell it at a very high price but no on one can say how high it will be.
A target plan is always necessary for all of us, once we are holding we should have a definite target for us to be able to do the right timing. We should always be careful with our greediness as when we see there's a big price increase we think that we will earn more but not really, what if the price crashes hard? I think a target price is important but investors should not be very firm about it. If they see prices increase then start to sell it but dont sell it all. Make sure to hold it, you never know which is the highest point of increase. If you sell out small fractions as prices cross your target price you can keep gaining profits. Even then make sure to have some spare capital left so you are not empty handed after the day. That is a perfect strategy to follow sell some if you are making profits and hold rest of them for the future as you never know how high the price of bitcoin can be in future and at a moment holding seems to be an best an safest option as everyone is speculating that price will probably go higher at the time of Christmas. |
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If bitcoin rises higher than $1000, lots of people would have a happy Christmas time  Even $1000 milestone looking pretty hard but that is still possible to get this one. I also would to see this happening again on this time phase because it is more similar to get rise to the moon. Sure thing that all of us will have a very merry merry Christmas if the price of bitcoin will reach $1,000. Even though it's kinda doubtful, that the price is slowly increasing but still let's just believe that bitcoin will able to reach the price of thousand bucks before or after the Christmas eve or the end of year. Let's keep on helping the adoption. I also wish on Christmas Day later bitcoin prices will reach $ 1,000. But if you see the price fluctuations may be more difficult to achieve such price bitcoin. Perhaps on Christmas day later bitcoin prices still will approach $ 1,000. Fluctuations bitcoin requires a process, so it's better to enjoy a rise in prices of existing  We can expect a rise in Christmas since bitcoin tends to do well in this particular months of the year, but 1000 dollars per bitcoin seems to high maybe 850 will be the max, since I think we are going to hit 1000 until autumn of the next year. Yeah when we were close to the year end good increase in price happens. This seems to be the increase happening every year end. As quoted price won't hit much as $1000. Another important thing is that the price increase happening close to the year end won't sustain for a long. If price goes higher at the end of the year then there will be many users who will start dumping their coins and that will take price to lower level as we can never price stability in bitcoins and most of the users are holding their coins so that they can sell when price touches $1000 level. |
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still 2022 has got 5 years left but i dont think you will get not more then 50% of the users of world population. Ya if their is any legal move of making bitcoin legalize in almost top country then we can see the sudden raise of users of bitcoin. Till then dont expect before 2030
At present very few were aware of bitcoin and other digital currency. In term of count almost 25% of the entire locality starts using bitcoin. Government have got regulations which is not 100% effective. I wonder where you get your data, I'm kinda confused if it is present or in 2022. If that line is for the present statistics, that is somehow very big percentage. I can set an example to my locality, with more than 10,000 population there is less than 1% known bitcoin and far less than that is using bitcoin. But I know in 2022, the number of people will increase exponentially because of ads and adoption. The user base of bitoins will surely go higher in next 6 years but I don't think that it will be used by everyone especially the older generation will never take a risky of investing their money into it and will prefer to use only paper money as they find it easy and convenient to use and bitcoin can make things complicated for them. |
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I guess if no one spends bitcoin they collect, it will be in vain efforts we seek and collect bitcoin. Well, I believe that if it happens bitcoin will be something that is not useful, and will probably appear altcoin which can exceed and replace bitcoin, and when the moment comes, may bitcoin will never be used again, but I'm sure it will never come  If you are holding bitcoins then its really hard to believe that you will never spend them as bitcoin is also an form of money that should be spent like fiat money and if no one will spend their bitcoins then we will never see the higher price of bitcoins in future and it will make bitcoin a weaker currency. |
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When you are depending on that graph you need to have a more time so you can really manage not to lose money in trading and save some extra bitcoin in the next dont panic when the price is low wait for it always to be high again and everything will be fine.
waiting for the price to rise high sometimes just working is it does but i'd prefer to cut lose if the specific coins seems don't have a good future to prevent from having such a big lose like zcash which had been falling down recently from 1btc to about 0.3btc and that's such a pain in the ass Lol, my strategy is to buy a bitcoin when there were negative news and the price dropped as a result of bad news. Then holding it for a couple of weeks and sell it out when hit the higher price. Its all people know this. I guess unnecessarily this discussing about this further. Majority of users will follow the same strategy that will buy when price drops and hold it till it doesn't reaches to your desire level but there are many people who gets panic when price starts dropping and start selling their coins at lower price so in that case we should take advantage of that scenario by buying at lower price. |
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1000 bitcoin is maybe possible but for the most people its not reachable because its an amount that only can be done if you started early with the bitcoin or invest with a very large amount.
To be honest, Yes I can partly agree with you but I dont agree with another part of your statement. Reaching milestone of 1000 BTC is also possible for the one who is completely newbie at this moment but it will be comparatively difficult for his as compared with early adapters. There are many ways to reach 1000 BTC milestone but it will need best and optimum use of time and skills. Example - If one can set up bitcoin business and start offering bitcoin services then he can earn good commission because in most of the countries there are less than 1% people who have heard about bitcoin so there are 99% prospective customers. One can see this as an opportunity and soon he can reach new milestones. It's difficult but it's possible. Actually, that would only depend on a person if he can convert his effort into money. There's nothing impossible in this world and we can achieve whatever we dream if we have our way to do it. I think the key things that will need to reach 1000 BTC milestone are, - Time Depending upon the way user is using it
- Skills The most important factor to make optimum utilisation of resources
- Patience If water boils at 100-degree temperature then one must not get panic at 98 degrees by noticing no movement in the water.
- Smart Approach It all depends on how you utilise what you have.
These are the main things I find necessary. I'm sure you have a big chance to get that if you have the money on hand, it takes money to make money and that's reality. No one will be able to get that big amount of money by just working alone, you have to invest and be a risk taker. Yeah its impossible to have that high amount only by earning it, and to reach to that huge amount you also need to invest huge capital in it, as we clearly know that money attracts money so if you invest huge capital in trading then there is a possibility that one day you can achieve that amount but the risk factor cannot be ignored. |
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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.
We have to put good proportion, but we have to be wise, butcoin is good for investment but it also risky to being hacked. It is fine to hold 10 - 20 bitcoin, but the most of the wealth is in gold. That is my oppinion. There is no doubt that gold is much safer in compare to bitcoins and it will definitely not disappear in future and we cannot keep same faith in bitcoins as its future is unpredictable and anything is possible in future so best choice would be to invest small part in bitcoins and rest in gold. |
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On the Internet, you can build your business on sale or resale of something. Just can mediate and sell people what they need. Just you yourself shave look.
Building a business and waiting to earn money from it will be time consuming process and in that case it will not serve the purpose of getting money on urgent basis, no doubt that business can help you in long term depending on the efforts you put in developing it, and if I need money desperately then either I will borrow from my friends or family or would sell some unwanted things to get quick bucks. Exactly, and having a business is not a way for people who are desperate need of money, they have the money but they want to grow it more. Desperation is an urgent need and you can only have that when you borrow or sell something for the money. That's right borrowing is the best way to get quick money and if you have a full time job then you can borrow it from your colleagues as they have faith in you and they are sure that you will return them their money on time and you need to make sure that you pay them on time as per the promise made. |
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Paper money is relevant in the future through bitcoin transaction.
I dont think paper money will be remove in the future as this is
being used already. However, lets admit thats its really helpful
to all bitcoin users.
I think though true digital currency will be more popular in the future but I'm sure it will not be disappearing to make paper money, because paper money will always be needed for offline activities If they change paper money to a digital system where paper money wont be used anymore then there would be no use of paper money even in offline activities, but no one can say for sure that bitcoin will be that digital system of replacing paper money system. I think digital currency like bitcoin are good only for alternative just like atm if they have no money to pay they can give atm to buy and shops in malls.. but paper but you can not use in far places without signal so paper money should be stay and use by people because its valuable.. The fact is people are used to paper money as they are using it since beginning and there is no way it can disappear in future as it holds support from the Government and they will never allow any digital currency to replace their national currency, more people will start using bitcoins in future but only as an alternative to paper money. |
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I don't think that it will be used by almost everyone in next 6 years of time, as bitcoin has not reached everywhere yet and it will take long time for it gain attention across the globe and there would be many people who will not prefer to use it or invest in it looking at its price volatility.
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My parents are simply not interested in knowing or using bitcoins as they are not internet savvy and prefer to stay away from it and they even don't prefer to use credit cards for online shopping as they have fear that it can hack their details so its very hard to convince them for bitcoins but its not too difficult to explain it to friends.
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Bitcoin is helping me in many ways as it has increased my income and I can use that money in buying some extra stuffs which was not possible in the past, no doubt I cannot use it directly for making purchases but that can be done by selling bitcoins and converting to fiat so yes its helping me in daily needs.
Extra income that can be grow day by day we just needed to learn how and it will bring more useful for us. Its help me a lots in finances. The best way to grow your income from bitcoins is to use that income in trading, and over a period of time it will help in multiplying your coins, and if you want to be safe then simply hold them for future as only holding can also give you good profits in future as price will rise in long term. |
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bitcoin has afftected my life a lot not only positively but also negetively.thats because there was a time when i use to walk run and even jump like a monkey with friends and all the outdoor stuffs but after getting involve in this bitcoin thing i am spending most of my time either coding or learning new programming languages or earnin btcs for somewhere . should i lower spending my time in internet or not and is there anyone who is facing this type of addiction here
Yes, it affects my life alot. Everytime I woke up, I fell the enthusiasm in my heart. Always check my mobile phone to check if I gain profit. HOwever, my priorities change. Instead of giving time on family, I tend to blog to earn bitcoin. Yes whenever I get time I keep on checking my balance in my wallet and also keep a close watch on trading sites regarding the price movements and at this point its only bitcoin going through my mind and I keep on trying to multiply them in the best possible ways and it surely affects my life a lot. |
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Doing signature campaigns is pretty safe to grow your bitcoins and with a good campaign it can be very profitable, what of course is important for us all.
Trading is also a option but the risks are pretty high and you can lose money from it real fast.
I agree that signature campaign is the cheapest and the safest way to grow your bitcoin but the recent demand in Signature Campaign negates member below rank and in most cases only from Sr, Member and up were accepted. But at least there is signature campaign that pays in altcoin and letting even jr. member rank to join the campaign. Trading altcoin really is very risky especially when you invested in some PnD coins. The safest way to earn and grow your bitcoins is through signature campaign where you get fixed amount of coins on regular basis and if you can manage to save those earnings then over a period of time you will be holding good amount of coins in your wallet and if you can manage to take certain level of risk then invest those earning in trading to grow them quickly. |
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