I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
For me it is good idea to invest your money to the bitcoin. I know it is risky but I think you can be rich by investing your money to the bitcoin. For sure your money will grow because the bitcoin is continuing to rise up. No doubt that bitcoin is rising and it will continue to rise in future too but its still risky to invest all money in bitcoins as even if it survives we are not sure what price it will be holding and if price crashes then we will be in a huge loss. |
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If you want to earn that amount in quick time then trading and gambling is the only way for it but I don't have much hope in gambling as it may take all your money away from you but if you have good knowledge and skills of trading then you can earn that amount in specific time interval.
Trading and gambling is a top priority for this case, especially if you have a skills in the field, then will be easy to get benefits as expected. Skill is something someone must have in order to earn money easily. But I don't think that any skills can help you in winning in gambling as your results will depend on the luck factor if you have good set of skills in trading then you can make good money in each and every trade so best choice would be to go for trading and avoid gambling. |
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I am struggling making money with bitcoin trading, what is today's outcome?
For now, the bitcoin price is kinda high and i guess that it is not good idea for you to buy bitcoins. And it is better for you to keep your bitcoins and wait for the price to drop below $2300 so you can buy some bitcoins. But don't forget that it is a good idea to invest. Investing in bitcoins is always good but we cannot afford to buy them when price is higher and we should wait for the right time when price goes lower and I think right now its not a smart idea to buy bitcoins as price is really high at a moment. It's not the right time to buy bitcoin as the price is few hundred dollars away from the ath. This will surely increase as there is not much negative impact felt over bitcoin by the splitting. In recent days once users got the chance to buy low when the price went low down to $2000. Yes that was the best time to buy bitcoins and now price has gone higher so if you have bought at lower price then you can sell a small portion of it if you want to enjoy some profits or else you can simply keep them safe in wallet and wait for price to go more higher in future. Due to high demand of bitcoin in the market their price is too high, so I think that is not the right time to buy bitcoin. Maybe just wait for a while until bitcoin value decrease. Because if you buy now there's a possibility that you earn lost instead of profit. I think you didn't study the bitcoin market cap because the price of bitcoin is very in good position and its shows that its price will not goes to again decreasing, and also there is no more chances to decrease its price because segwit issue is ended, and before segwit its has chances to its price goes to low but now it is impossible. I don't think that its impossible to price to fall down as anything is possible with bitcoins and if you compare the price of today to that of yesterday then you will see downfall in the price and may be it can go more low in next few days too. |
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Saving bitcoin for future so that I can have good bank balance and could live a comfortable life and sometimes I do spend them for fun for shopping but saving them is the best thing to do as it can give you luxury life in future that you are looking for.
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There is no minimum amount required to start in trading. If you're newbie in trading and still practicing, small amount is advisable. Just in case you've made wrong, atleast small amount won't hurt you.
That is the right thing to do as if you are new then its better to start with a small amount that you can afford to loose so even if your trade goes wrong it won't make much difference and after gaining more knowledge and experience you can start trading with higher amount. |
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If you want to earn that amount in quick time then trading and gambling is the only way for it but I don't have much hope in gambling as it may take all your money away from you but if you have good knowledge and skills of trading then you can earn that amount in specific time interval.
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As most of the users stated in their quote it's good to stay calm and watch the price moves that's gonna happen by the upcoming weeks. Now the bitcoin as well the bitcoin cash is in a stabilized track growing in a perfect way with fluctuations. Hope this will pave way for price increase rather than a decrease in its value.
Price is at good level at a moment and we can see price going higher in coming days so as an investor I will not invest any money in it right now as the current price is too high for making an investment but if it drops and goes below $2500 then that would be the best time to buy bitcoins. If you could wait for that to be happen then that would be a long patience for you to wait since if the segwit will be lock the price of bitcoins will surely climb and You might gonna miss some oppurtunity upon buying some bitcoins for todays rate. So goodluck for waiting but for me I think i will just watch and sold my coins later on these days. Yes its time to wait before taking any decision and price is expected to go higher in coming days so the best thing would be to hold coins till that time and once it reaches to our expected level that would be the time to start selling bitcoins for higher profits. |
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to control greed in gambling set the limits and safe a the lower risk with rigid strategy need a quality bet using your money to minimise the losses control greed in gambling need a self disceplinne behavior.
There are very few people who have self discipline and self control and that is the reason people always loose in long run and if you don't have self control then gambling is not for you as you will easily get greedy and continue to gamble more and more which will ultimately result in loss. |
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The best thing I like about bitcoins is that now I don't have to visit banks for sending or receiving money as I can do it very easily sitting at home with bitcoins whenever I want and that also with very minimum fees and at any point of time.
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I think the only good thing gambling has to offer is entertainment and nothing more. Because gambling has no assurance wether you gonna win or lose. If you lose you will bad and that is not goood. Meanwhile if you win you will feel better thus with no assurance there will be no good.
Yeah you will feel good only when you will win and the chances of winning are very rare in gambling as majority of times results will not be in our favor and its only house and casino owners who will make money from it so gamble only with that amount that you can afford to loose. |
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It is not too late to buy bitcoin, because there are still many people who have not heard it yet. When it's been activated for years.
The price is still good for buying because it is still not yet reaching back where it landed before like $2900 and $3000. And if you want to earn good amount you have to be good while you collecting or buying bitcoins. If the price decreases again, take the chance and time to buy. Price can go even lower in coming days so it would be good to wait for some more time and see where price goes and if it goes down then that would be a good time to buy bitcoins so I would recommend to wait if you are looking to buy bitcoins. |
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Many traders are selling off their Bitcoin because of what will probably happen on August 1. https://coindesk.com market index show Bitcoin trading below $2000 I think this is the best time to buy as the dump is see to be over at the moment. Having been following crytocurrency for quite some time now I see this as another way of dumping bitcoin lower so the professional and skillful traders to buy low and take profit when the price get to $2800. For your information, nothing serious is going to happen August 1. It is not possible or it is risky to buy or sell bitcoins in August 1. Because it might interfere the transactions and payments. But it is a great opportunity to buy bitcoins before August 1 just like last week, the bitcoin value falls now it was rise again and that's an easy profit if you ever buy bitcoins that time. Don't wait till the last week as price can go anywhere from now so if you have plan to buy bitcoins then without wasting any time go for it right now as majority of users are speculating that price will go higher in August so if you buy now then at that time you can sell them at higher profits. |
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If i am able to play with my profit it is well and good but normally it wont happen most of the time,there are times when i cashed out my profits but majority of the time i end up loosing,gambling is really unpredictable and so anything can happen and if you are aware of the risks then gambling with small amount wont hurt you but i might accumulate if you are doing for a long time.
Its good to withdraw the profits and use it somewhere else instead of continuing to gamble as there is no sure shot guarantee that we will keep on winning every often so its good to withdraw profits and invest it in some good altcoins from where we can make regular profits. In gambling you don't have a daily profit or sure profit because gambling will make you lose if you will not stop playing when you gain profit. IF you profit from any gambling site that's the time that you withdraw it if you don't want to lose in the end. before withdraw your profit, make sure you reach minimum amount for withdrawal and meanwhile you collect your profit, you can try to play the game again and who knows you can win more. but always be careful if you decide to continue the game because you can lose your money and its really hurts if you lose everything. so i think play safe its better choice for you to safe your profit and your money. If you continue to gamble even after winning then you will surely loose everything at the end of the day and that is the mistake we all do that we don't quit at a right time so if you win good amount then make sure that you withdraw your profits at a right time. |
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Which country you belong to? As I am from India and for me to buy or sell bitcoins localbitcoins is the best place as it is very safe and you will also get better rates in compare to other places and there is a escrow so your money is safe you can go on localbitcoins and change the location to your country and you will find many traders there.
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Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
Yes you're right but they have no difference when it comes in value. They have the same value as people knows about that. The thing is gold has already stronger foundation than bitcoin it seems that people are more gives attention in gold because from now not all people accept bitcoin as payment or money. Gold is more popular only because it exists since long time and that is the reason people have more faith in it and on the other hand bitcoin is still new to many people and it will take time for them to have same level of faith in it as they have in gold. |
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I have invested only 25% of my wealth in bitcoins and few in gold and majority of my money is in real estate as I am sure that real estate is not going anywhere in future it can give me huge returns on my investments so investing at multiple places is always an right thing to do with your money.
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If I win that amount than I will surely go crazy and may not believe at first that I have hit an jackpot but if I make that money in gambling then would surely go on vacation with my friends and family and enjoy my life to the fullest by having fun.
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It can't be predicted precisely whether there will be a dip in the prices of bitcoin or it will rise up more but that's something most of us have always failed to predict and predictions may go wrong but still I think that the prices of bitcoin are not going to drop at least this week. About August 1 only one thing can be said and that is let's wait and watch and hope for the best. :-)
Yeah no one can predict what will exactly happen in coming days it can go either higher or lower and only time can show us clear picture but now price is rising slowly so there are more chances that it will keep on moving in upward direction in coming days. |
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Maybe with trading would have hope to earn a good income and have no binding rules.
Yes trading do provide the good income opportunity but considering the bitcoin price volatility if you are ready to take risk then you can do it. Also you can join any signature campaign which will help you get some part time income which will help you to pay off your some bills. Signature campaign will give you steady income in bitcoins on weekly basis but we cannot expect to get steady income from trading as it will be an combination of profits and loss and even if you make regular profits it will never be fixed as it will depend on what investment and what profits you have made in particular trade. Whatever you believe will make you happy but honestly I do not think signature camapaign is something that we have to take seriously, it's not a job for me and the reward that I get is just something I ca spend for fun. The thing that really gives me a stable income is my job and because I am trading now it helps me increase my income. Having a full time job is always an good choice to get steady and stable income as we can never expect steady income from bitcoins as the price is too volatile so its better to have a day job and treat bitcoin as an bonus. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? There's no much places to invest, also we can see a lot of scams related to bitcoin. My plan is use it as a currency, not an investment, just spend some coins here and there and that's it. Investing was too much risky so kindly don't try to spend your money to that kind of business try to spend it on sure even have an low profit so atleast you can sure that a money work have an better place. Not all the investments are scam and risky as if you invest in good altcoins after doing a research then you can make good profits from it and if you don't want to take risk of investing then better to keep them safe in wallet and wait for the price to go higher. |
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