if you can make over 20 btc @ current rate in a month yes quit that job
If you can do that 20 btc without risking your day job. That would be better. Bitcoin is not forever and you wont even know what can happen. There is also no retirement pay. You create your own retirement money. Yeah, you never know what will happen in future and quitting job for bitcoin is not recommended as it would very risky if bitcoin loose its existence in future. Indeed with a job your most of the time somewhat safe and you have a stable income etc. But with bitcoin you don't know what will happen maybe it will die out or maybe you won't be able to earn enough to sustain yourself.. very risky. |
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Customers could use bitcoin for a few reasons, for one it's very easy to pay with it and very fast with low fees you could see all your transactions easily and make seperate wallets for seperate budgets so it makes saving money easier as well.
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I tend to earn not so much per day cause I only do stuff that earns not so much but is easy like forum signature campaigns.
Sometimes i get lucky and find a service which I can do for someone and earn bitcoin with but not very often.
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I think I have very much to lose and generate revenue in trading, I never counted them, because it is a lot of money. but if the estimate I'd probably have generated more than $ 100, but that's just counting the victory. maybe I've lost around $ 60, but I guess it is fun, so I will try to produce bitcoin is more in trading
It's always smart to keep track of your trading history trough for example an excel sheet. Now on to the question how much do I earn from trading? Not nearly enough lol I earn about 0.25 a week which is okay though cause it's not my main job. |
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Skill vs luck is an interesting discussion which you can have for over hours for certain activities but when we talk about trading then trust me skill definitely ends on top.
Go trade without skill and then compare it after you got good you'll see a very big difference in consistency.
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Bitcoin is quite popular in my country sometimes I go shopping and then I see those coin stickers on the windows which is nice.
So I use bitcoin sometimes irl but not that often though cause I like to save them up as much as I can.
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I would LOVE to spend coins on real life but it is certainly not possible for me where I live there is no shop or anything accepting bitcoin!
It's a really big bummer but maybe I'll go on vacation to a bitcoin specific country haha I heard UK and Brazil are nice.
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I miss the right time very often to buy and sell bitcoin. With bitcoin I have sometimes experienced that there was a very small window of time to sell/buy at the best prices but at those times I did not check the prices. Nowadays i have a 'price alarm' alerting me for big changes.
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Investing that much money requires a lot of thought so I couldn't just tell you like this but I'd advice you to really look up where you should invest into without just taking blind advice from a thread cause there are a lot of scammers looking for big investors like yourself.
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Don't borrow bitcoin period, if you are trading with borrowed bitcoin and you lose then you are screwed. I see alot of people saying they would borrow if they see a good trade but imagine if the trade goes bad then you lose so much money cause you have to pay interest for the loan too dont forget that.
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Dark marketplaces are not bad for us all because you can sometimes find some nice stuff on it that its not even illegal.
I think that if you are sometimes using it nothing is wrong with it in my eyes.
They are not bad for us or well maybe they are cause they are trading platforms for criminals so you are just giving more options to criminals. Nowadays it got so easy to order weapons and drugs by just browsing don't even have to leave your house anymore. |
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I wouldn't take this risk because if it fails you can't even buy back into your stocks. Just seperately invest into bitcoin what you can instead of offering up your stocks.
Unless your stocks are doing bad and you had to get rid of them anyways then ofcourse go ahead and do it.
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I think it could shoot up potentially at the end of october to 700$ but I think it's highly unlikely though cause the price has been pretty stable for the last few months we've been hovering around 600$
So I wouldn't see as to why the price would go up that quick in october but ofcourse everything can happen with bitcoin.
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I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..
I wonder why the people that spend bitcoin actually use bitcoin in the first place, why wouldn't you use it as an investment with all it's great opportunities for making money it's a great way to learn about money and make profit at the same time. |
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Bitcoin and gold are both great investments gold has been around for very long obviously and gold is stable and sometimes going up in value a little bit.
Bitcoin has a good foundation from 2009 and is volatile in price but leaning more towards going up. With this info you know which one to pick.
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Saving bitcoin for your grand children can be a smart move but also very risky. I'd rather save for your children then grand children depending ofcourse when either one is "expected to be" cause I wouldn't know if bitcoin is still alive in let's say 20 years so that's a risk you have to take.
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Well you could just go around searching for places that accept Bitcoin around where you live. For me there is practically no shops that accept Bitcoin, so I just use a Bitcoin debit card and that makes life a lot easier.
yeah you can use bitcoin debit card because it uses the same as when you use a visa or mastercard or even use the system, but if you are in the village shop, of course bitcoin debit card will not work, so I really hope there is a bitcoin ATMs in every major city in the world No. Bitcoin debit card will not have any different from other bank/ATM cards for village or cities. If a village has the facility to accept master/visa cards, then it will definitely accept bitcoin debit cards too, if that bitcoin debit card provider is offering services to that country. I mean to say bitcoin debit card will not have any difference from other card types. Yes it will be same as bank cards and it will be accepted everywhere where credit cards are accepted so I don't think there will be any problem in using them for shopping. Hope it is true but for the time being I am not even interested to be honest I think more people than just me don't want to use their bitcoin cause they want to save as much as they can before prices go very high so we can profit as much as possible from that. |
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Yes I am buying bitcoins quite often just because I want to save as much as possible so it's an investment and the coins are my tokens.
It's an investment that I see as a long term one which I want to be keeping till atleast halving in 2020.
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Short answer yes it'll be good to hold it a long time long answer for sure you should invest into bitcoin and get as many as possible in the next halving which is in 2020 the prices will drop and skyrocket up and that's where you will find the most profit. Take advantage of price swings always!
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It is all about proper impartation of or knowledge about bitcoin and we have to educate them very precisely on what are the benefits that they can get if theycarw going to use bitcoin as a payment
Yes I agree with this but as a customer of said shop it's very difficult to educate the owner of the shop about bitcoin. They will be looking crazy if I walk in there trying to explain bitcoin, they'd probably think I would try to sell them something. |
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