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Need to work on grammar and sentence structure, but an overall good posts.
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Are you just dumb or purposely being ignorant?
There's no way in hell your private key will malfunction as it is the only access to a user's funds which are on a decentralized wallet.
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As see topic has been edited, as a gambling casino sites was promoted in first post.
Back on topic - investing 1 dollar a day is something that most people can afford and I would risk doing it just to test it. Loosing few hundreds of dollars is not a big deal, while you have a chance to multiply investments.
At first I will do it for 1 or 3 months. Just to see how things will be going. The hard part is - not to forget to do it daily, as it might be something you might skip for other more important tasks. Other thing - it requires a lot of moment just to make this 1 dollar daily investment. Login to exchange, get your card, fill the info and buy some Satoshi (as doing this once a month and making 30$ worth investment will ruin all the experiment).
Thank you for pointing that out lol yeah I removed the shill. |
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~snip~
What if you buy $360 worth of crypto for a year and then market buy with $1 each day? Most people don't know when to buy or sell hence its an alternative. If you like this idea, feel free to award it merit. How about saving $1 fiat everyday, then buy Btc when there's a price correction. That way you'll be able to save yourself transactions fees and the price swings. You can't calculate your profit precisely due to Btc's volatility, If you're buying $1 Btc every single day. IMO, it's not really hard to find a good entry point, If you're mindset is set for a long term perspective. Btc is bound to break most of this bullish predictions. And, If I'm not mistaken, you're begging for merits already, and that's a big NO NO in this community. Begging for merrits? I've merely said 'if' you 'like' then and only then. Stop being a baby |
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What about the transactions fee for the daily investment? The worth of the transaction fees alone over 5 years will be good even as an investment. It will be good to have a better plan like investing every month, or every 3 months, or every 6 months to a year. But as for me, I will not even still consider this to be accurate.
We all know if someone really study the price of bitcoin very well technically, he will know the right time to invest. When people even make use of trading such as swing trading to gain, all they do is to analyze the price and buy at the right time. Experts can only be very patient, make the price of bitcoin to dump and then invest. The best time to invest is when people are very afraid to invest when the market is red as bitcoin price is falling.
Although, we all have different professional strategies, but even if we are going to invest, investing at the periods when the price is decreasing but has also decrease a lot is the best time even if you will invest at certain interval of time. But, daily investment is not advisable or recommended. To invest $1 daily will not be encouraging while paying transactions fee.
What if you buy $360 worth of crypto for a year and then market buy with $1 each day? Most people don't know when to buy or sell hence its an alternative. If you like this idea, feel free to award it merit. |
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Just a Fact that investing in 1$ in bitcoin every day over the last five years could actually give you a profit of $20,405, just investing or spending over $1,858 in bitcoin...
Of course, this doesn't involve transaction fee but still, it was just 1$ investment every day or just like buying a coffee every day you could already accumulated more than $20k of bitcoin.
It is interesting to note that this could be a decent strategy for those that want to buy at every price without going through the risk of buying too much at a too high price. Considering that Bitcoin may one day (hopefully) be worth more than a $100K, this could still be a viable strategy.
Let me know what you think of this in the comments below.
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Uniswap took the most unique initiative of rewarding its users and it paid of. Kuodos to them
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Yeah you've raised a good point and we as a community need to look into this issue. Bitcoin isn't meant just for the privileged but for people from all walks of life.
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Lol, if he claims he has $11 billion, he can easily hire the best lawyers and his aim would be to delay the final verdict by as much as he can so that he can enjoy life with his fortune lol.
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I'm sick of the fees on Ebay it's become totally unprofitable for some items due to the massive fees. I use Facebook marketplace but that's more for local sales. With crypto Ebay you could have near zero fees and have a decentralized marketplace model. I know there are things on TOR etc, but I just wouldn't trust it tbh. I can imagine Amazon buying this project one day for more than a billion $ as it would feel 'threatened' by the merely existence of this model and will end up incorporating it into their own business model. I mean EarnBet ( https://earnbet.io) an online decentralised casino has been the latest to solve the problem of wagering via crypto and is operating on the WAX chain currently. If you are reading this and have the potential to make take such an initiative , please do and we, the Bitcoin community will support you. |
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I'd say the same.
I've learnt a lot from the terrible mistakes I've made and been able to reshape and re hone my self into a human I'm proud of.
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Also, one coin ERC-20 swap service, Uniswap generates more fees than the entire Bitcoin chain combined!
Good to know Bitcoin doesn't have such a high fees as the ERC-20 chain haha
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Bitcoin has showed me hope that there is an alternative to the flawed financial system we have out there that is distorted by inflation. If we could all switch to pegging Bitcoin to an asset rather than in $ terms, we could see a game changer.
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Oh maan, ps5 preorder here I come!
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Gosh, with the reduction in BET inflation I do hope divs for this month are higher than what they previously where ($60K)
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To Mr. Nakamoto, if you are out there, we need you than ever before to help Bitcoin achieve its goal it was destined to do so
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The media sector is always innovating — harnessing the latest and greatest technology to create and distribute content in the battle for eyes and ears. From virtual reality videos to CGI in blockbuster films to video game streaming, there's no shortage of ways to grab our attention . 1) Mediachain uses blockchain to automatically connect music to its originator and provide background information about the music. The independent, decentralized music library automatically gives a listener information about the creator, producer and lyrics to provide a more transparent listening experience. 2) Fluz Fluz pairs blockchain with social media on its e-commerce platform. The company offers cash-back rewards for shopping at some of the largest companies in the world, like Starbucks, Nike, Disney and Uber. 3) I've saved the best for the last. (EarnBet) is an online decentralized casino operating on the WAX chain providing state of the art block chain gaming services to its users. It recently partnered up with ChainLINK to benefit from its state of the art prediction mechanisms and is listed on Binance Dex and Uniswap. Its particularly a game changer as the trends indicate online casino's getting more organic traction whilst traditional casinos losing their popularity. Its one of the only fully decentralized and registered casino's that Indians can gamble on therefore I think it is a cracker! Check it out here https://earnbet.io |
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Yeah, a couple more institutions jumping in will make it harder for a whale or a group of whales to influence the price. The greater the market cap, hopefully the less violatile bitcoin will be and we'll have solved the basic problem the token has.
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It would not be legal and more of a black market kinda thing. The government would probably scrutinize the shit out of it.
Your vision is good and indeed it might be the future but man bitcoin has a long, long way to go before there can be sites like these. It could be a thing in niche crypto markets where its legal though.
By the way, you can buy gift cards kinda stuff via Bitcoin.
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Bitcoin is decentralized which is good for the safety of funds, but I just can't get my head around what would happen if a person lost their keys to their wallet. If you lost your credit card, you could regain access to your account by showing ID documents at the bank and have a new one made. Such isn't the case for a Bitcoin wallet.
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