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Yes I think there is a possiblity to reach the 800 dollar with the halving this year, if this will be like it has been planned and rise to a higher amount the 800 dollar will come near.
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There are of course multiple methods to get rich but I think the simplest way to do this is by just holding the bitcoin for a long term and wait till the price go to a high amount.
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Well my plan to get rich with Bitcoin is that I use it in trading until I reach 100 BTC then store 99 then use the remaining 1BTC again for trade.
You take too litle risk dude that's will be hard to reach another 100 BTC, the profit from trading it is not gonna be big enough to make a big play, If I'm be you I'll use at least 10% of 100 BTC for trade to get bigger profit. Indeed if you would do it again you should bet in more if you ask me, to make more profit at the end of the journey. It will be the best plan if you ask me about it. |
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You can indeed buy them right now but the fact is that the price is now pretty high compared with a month ago when you could bought them for 400 dollar so I think that is already saying enough...
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I dont think this is the best option for all of us because there are allotofpeople who re doing this you know so the price of the bitcoin wont change positive way if we all jut hold.
You are maybe right but I think even if we all hold the bitcoin it can still rise to a high amount and that you can make profit due to the halving that is coming this year. |
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I do not have a real plan to be exact, I just invested in the bitcoin and see if I can become rich by just holding them for a long term these days.
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I would buy and hold most of it in bitcoin after we see a drop in price again. Other than that, you could use some for trading on an exchange, but I don't trust exchanges with a large amount since cryptsy and mtgox.
$20K are too risky if that all used for investment,its better to buy bitcoin and hold it on wallet. yes we can said that exchange can be become worst place to keep our money,since mt.gox and crptsy start the story,but there always safe method to store money or bitcoin on exchange,it was short time storage,you should never leave so much money on exchange in long time period. It is never too risky, the point here is if he can afford to lose that amount then he should try to search a good investment opportunity. Investing isl like gambling because it is risky but if you can make it right, you will rip the rewards in the future. The more you risk the more your chances of collecting more profit. Never too risky ? I think it can be honestly because if the bitcoin collapse you will lose your 20k instantly and that you do not call not risky... I think what you are saying is so not true, it can have huge consequences on your life. |
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No I also never seen any in my circle getting their coinbase account close, the problem is that they are having strict rules about gambling what makes it more not attractable at all..
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It can do both of course and most of the times it will even let you lose a lot of money because its not for a reason called gambling so I think its hard to let it fix your life.
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I have been using Bitcoin since June 2015 and still don't have a whole Bitcoin.
What is the fastest way to get my first Bitcoin (without purchasing one myself)!
Please share any systems that you use, or PM me with the systme if you don't want it sharing with any other party.
i don't use any systems or ponzi schemes and you should don't use them too as most of the time they are very, very risky so you won't get any money but you will lose only my way to earn bitcoins is to buy some at first and then bitcoins and other altcoins trading, it needs some knowledge but it is very rewarding and when you know how to trade you can get lots of profit Altcoins can be very profitable but the fact is also that it has some risks if you ask me due to the fact altcoins can collapse pretty fast right ? |
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I think there is a chance that this could happen honestly, if everything will go well I think it can happen.
Its just a matter of time, if the halving will also be good there is a chance of doing this.
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I think the bitcoin is better to have than cash because its much safer, you always have it if you have your phone with you and the fact is also that you cannot get robbed.
Another nice thing is you can not lose it like cash money.
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When it comes to online shops i prefer paypal, Most of the shops are accepting paypal payment, But when it comes in earning i prefer bitcoin. In bitcoin you can gain more bitcoins by earning in HYIPs trading cloudmining gambling and many more
Well we can't deny that paypal is the most used payment processor in the world and paypal wins over bitcoin on this kind of service. But when those stores starts to accept bitcoin. For sure paypal users will shift to bitcoin. When they found out that bitcoin is way better than paypal. Indeed you are right about that fact, its in my eyes just a matter of time before the bitcoin will rise to a higher amount this year. I really have no doubts about that. |
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Why gambling is fun is because its just so enjoying and you can even win money with it, its like playing a game for money and that is making it so fun and attractable(addicted).
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Saving is good for the bitcoin but spending can also be good, right now saving is better compared with the bitcoin future.
We should just need some patience till the halving has been done and than spend again or sell them when the price has been raised.
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Reading this thread I am afraid that speculators do not consume. How can we increase consumption with Bitcoin?
Yes you are right. Too much hodlers,keepers,hoarders and store. Yeah bitcoin might end because of that. It needs to be used. Always be used as a means of a currency if you want a good future out of it. I think there needs to be holders and keepers... there is nothing wrong with it on these days I also think that if you just hold it it would be good with the future that it has. Spending them can also be good and I also think a lot of people are still doing this. |
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Give it to me and i will make it triple. I will gamble it and make a triple profit in just two days.,
Everytime i gamble i win, i dont have tricks, its kinda a little bit of luck.
Right.. that is just bullshit and you should by the way never give bitcoins to just someone that is gambling for you.. Most likely he will lose or scam you and you will have nothing any more. |
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Honestly we are self making the price also, the fact is that its based on buying and selling like any other investing if you ask me.
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Believing in the bitcoin is good and I consider it now even as very good because it has such a good future a head these days with the upcoming events.
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