money management is a hard skill to master. but it is an absolutely necessary one to learn for everybody, unless you are loaded and don't care about throwing money away.
what I do is that I put aside my expenses out of my income and what is left over I try to invest. mostly I invest in bitcoin these days since there is a halving on the way and the price may go way up. and also I invest in some other things just to diversify and spread the risk around.
Money management is highly required in everyone's life as mentioned by above mate. But at present it's not a big deal to learn it as various applications had made it easy and accessible with little computer knowledge. |
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The paper money will disappear on some point, I'm pretty sure of it because the fact is that paper money is not the future anymore.
The world is getting more digital by day so this is why its all gonna change.
That's the fact. Now everything is getting more digital day by day. But the paper money usage has never reduced. This makes paper money to go long. |
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You already made a crazy amount of profit on your investment. why not enjoy that instead of the risking it? there has to be other ways of investing ou there with less risk.
Above quote is a good suggestion for your betterment. Now finding a good site for investment itself difficult. So as said try earning through other forms with the profit earned from investment that's been made earlier. |
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Till date I haven't got such an opportunity to spend my Bitcoin on the product I was looking for. Only after converting to fiat I'm using.
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My biggest dream is BMW
Do You have enough money to buy one? This is easy. Do You need a new or used car? Money need to be given concern. At the same time proper person need to be found to get the car in exchange for bitcoin rather than finding a trader. |
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epay.info seems to be one of the best to earn through captcha solving. The bad part it has got limited captcha's to solve.
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How huge the value might be, it can be transacted within minutes without much transaction fee.
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When I try to explain them about the method of earning through signature campaign. They question how its possible to pay you. I tried to explain that we carry their signature and all. Finally they said it seems to be fun and in real time its not possible.
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Yeah as the halving of bitcoin is expected within few months. It has got the highest possibility to get promised return. Just of that buying is good.
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You can earn money from faucets, doing simple task and surveys, going into gambling, and finally the easiest way to money from bitcoin is through trading.
Should we know programming to make money from faucets? Also what rules must be set if we want to make money by trading? For making money from faucets you can try visit micro earnings section, there is a thread how to make your own faucets. and for trading, i think there is no rules. Earning is possible with the involvement in faucet referrals, captcha works, trading, signature campaign, gambling. In trading trust generation is made as a must rule. |
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i will hold until the price meet my goal.
Thats a good option. You need patience as well you need to try collecting bitcoins as a saving. Only then it is possible for you to sell at the your expected price. |
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We can predict, none denies it. But if the price go to $1700 every user gets a opportunity to grab it in a short time as the price won't get fixed to it for a long time.
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If you can make a profit now then you could sell it, but I would save it for later when the price goes up.
Patient is key. I am sure that with in a couple of months you can make more money of of it.
Well said now its upon your belief. Now too selling bitcoin gives good profit but holding with patience and selling after halving will give very good profit. Selling after the halving will really bring profit to the holders of bitcoin right now,bitcoin price will rise after the halving and we just need to wait for it. By the past time halving the price increase took place. Just on that belief users predict for a increase in price on halving. None know the real happening behind the halving taking place due to the technology. |
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It looks to be a value that is out of the human imagination. Only time has the ability to answer such a predictive question.
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Yes I believe in bitcoin which is the future currency. Soon it might be accepted by most of the world population. Once if people get paid in bitcoin and if they got the option to use the bitcoin on daily needs sure lot more will believe.
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Enormous ways are there, but you need to pick based on your requirement. Possibly faucets require more time, trading require skills, signature campaign require slot in campaigns, gambling requires luck.
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When you forecast out 5 years in your personal life, what kind of fuel do you see yourself putting in your vehicle?
Is it still gasoline/diesel? Or is it something else?
With such low oil prices, it is unlikely that other energy sources will receive sufficient funds for development. If oil prices increase again, people will start looking at alternate sources of energy. Now itself alternate energy sources were produced. But this won't long last. At any moment the oil usage won't get cut by the alternate energy generators. |
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Saw few users sold his house in exchange of bitcoin. If he buys a house worth than the sold house by holding bitcoins for a short term. His investment plan is good, else just saving is recommended as there is not much risk involved.
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Bitcoin its just a currency and a payment option doesnt have a country running with their currency,and big companies doesnt work with bitcoin value or price to import and export ,soo bitcoin wont replace nothing,it can be mainstream that will be just a way to spend and pay to another person or companie wont rule the world.
Now there is someone I can agree with. True bitcoin is a currency/commodity and I think it should stay like that. More people will be investing from it if it stay like this. Forcing it to become a fiat will make it fall. yes I am totally agree with you, bitcoin's position is continuously going up If it will have been happening in the future then I am confident bitcoin will replace dollar soon, the reason people are using fiat for buy and sell something or hold money same bitcoin is also working as dollar so it will happen very soon. No that is not what I am saying. It cannot replace dollar and if dollar fall they will change it to something new but not bitcoin will replace it. It cannot work as a dollar but it can work as a currency that you can invest at. As said bitcoin has not reached the state equal to dollar. When it cross few more years bitcoin might grow equal to bitcoin and usage will also be equal to dollar but replacing won't take place. |
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There is no proper reason to sell everything right now. If you ask why need to hold there is a reason of holding till halving to get high profit.
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