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That's a very good choice to invest into bitcoin itself! Bitcoin has proven to make alot of people rich and it might make us rich if we play the right moves and are patient enough.
I'm holding my money till 2020 atleast to see the price of bitcoin by then I am curious already.
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Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..
without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity. At this current point in time yes people invest to speculate and make money. In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD. Indeed but probably not USD cause if bitcoin overtakes USD it's bye bye to USD for good. But yeah the price of bitcoin does matter cause the price of bitcoin shows how valuable the currency is. Higher price means bitcoin are worth more and bigger, and less price is vice versa. |
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You can invest and safe at the same time. Invest into bitcoin and save your bitcoins. The coins will be worth more with every year that passes and your still saving since you don't touch them until they become highly valuable.
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Putting your money on the bank takes away alot of freedom but it does give some sense of security though atleast.
Put putting money on btc wallet gives full freedom but less security for example, although I'm not sure how secure bitcoin actually is though.
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Buy bitcoins if you need some Bitcoins to buy something online. When the price of Bitcoin is relatively low, then you should buy bitcoin at that time as well so you'll have some profit once the market goes up again.
Indeed if the price is low you should buy otherwise you can better not buy any bitcoins due to the fact that the bitcoin is going to be lower very soon. I think its better to wait on a lower price right now. Yep but the lower price might not come and this might be the "low price" right now. But it's hard to know we have to wait a little bit until we can decide that. Bitcoin is all about risk too you have to make moves before they happen not afterwards. |
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Bitcoin does everything right which paypal doesn't. Paypal has all your personal information and even force you to verify yourself over and over to reach your funds.
They always suspect their customers of the worst while it's your own money in their pocket.
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Grow your btc by earning btc in various ways. You can do trading or you can do some forum signature campaigns or even services for people.
Forum signature campaigns are the safest and easiest way of earning bitcoin though, although it's not that much.
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If you are looking for an alternative with less risk, signature campaigns can be useful, but you can also offer goods or services in the forum, often opportunities arise for it.
Indeed I second on the forum signature campaigns. They are very safe like basicly no risk and they pay out every week depending on your rank and amount of posts. Services are cool too especially if you are into webdesign! |
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I buy bitcoin when for example my wife is in a gambling mood and likes to play a bit then I load up some bitcoin to her seperate wallet.
Also I buy some bitcoin when prices drop hard so that I can profit from it as much as possible.
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i think the only steady way you can get bitcoins without too much risks might be trading bitcoins only
Well trading also involves some risk and it is not a steady way to earn bitcoin but there is an element of losing too. correct investment is not a steady ways to earn bitcoin because of fluctuation needed to have some more study about alt trading before to invest btc to earn enough to have steady income. Yep the most steady I know of in bitcoin is either a full time job in bitcoin or to do signature campaigns which is steady but a low amount. Trading can be kind of steady I guess but such a high risk for it to be turned around in a day though. |
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With bitcoin sometimes small transactions can get lost and takes ages to return to you that's one problem I have and also that we can't use it in so many places yet but that's not really the fault of bitcoin I guess.
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To get rich with bitcoin I am going to invest a lot of money over the years into bitcoin itself and leave it all and not spend it at all. So essentially just saving bitcoin.
Then when bitcoin goes up alot in price I will sell them to take no risk of it going down again because of other panic sellers.
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I have lost bitcoin once or twice this was because i was trading and did a few bad trades which resulted in a loss of bitcoin.
But nowadays im more careful when trading and I trade with way smaller amounts then I used to.
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2016 wasnt the year of the bitcoin since we haven't booked alot of progress. Right now we are still below 600 which is kind of depressing.
Hoping for 2017 to be a better year in that regard, I'd like to see some higher progressing numbers right now instead of crashing prices.
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I think the bitcoin price will stay at the $650 level for two more months. Then it will rise to $800 to 900.
the fact that price falls and it may soon reach $600, but I hope not to fall further. I think this is just a panic, so I'll take advantage if the price falls to $600. The price is below $600. In fact, it is $540 now. So it could be a good time to buy some for the long term. Today's price is $590. So it has already risen $50 in the last 5 days. It seems the price will rise again next week. Today the price is pretty low we hit below 600 again I was hoping to not get back to that point and only advance forward. I hope in 2017 we will get above 1k and advance forward instead of always crashing back down losing all the progress which was made. |
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I would get atleast half a bitcoin to start trading right now because if you have half a bitcoin and you trade with very small amounts then you have alot of room for error which is good.
If you start with less then you can lose everything very quickly leaving you no time to practice.
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Encourage local businesses by asking them about bitcoin and if they will accept it in the future like this you'll get to know if they even know what bitcoin is.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
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Yeah,you should because if you already don't believe,you'll soon discover the real power BTC possesses and all the possibilities it gives you
You should believe in bitcoin because it has statistically proven to be a very profitable share. If you believe in it and have patience and invest as much as you can then you can make great money and profit over the years |
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Good for you that you learned alot from it and now you can find a different bitcoin scheme to make money with.
Trading is not the only available option luckily and you can get good at other stuff which makes alot of bitcoin profits besides trading.
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At the moment the best way for me is signature campaign, less time and effort than other earning ways. But I'm looking for alternatives with higher rewards.
With higher rewards comes higher risk or higher difficulty sadly enough. High rewards with a mediocre risk is trading. It requires you to be very skillful in what you do though for it to be worth it but if you get good then you make alot of money. |
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