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I am buying almost everything with bitcoins and I can even send them and receive them in my wallet like real money so its definitely money to me as I am getting the goods in exchange of my bitcoins.
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I save my bitcoin to see them worth something more than what I could bare to collect from other sources in future. Bitcoin is growing substantially at invincible rate, it is all good to reap its growth in terms of individual profits.
Saving them for future is the best thing to do at a moment as the price is going higher and higher day by day and we can expect the same trend in future too so its good to be ready with enough amount of bitcoin in wallet to get higher profits in future. |
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Anything other than signature campaigns and gambling.
A bit saved is a bit earned. So save your money by not clicking on any of the signatures of the people posting in this thread.
Trading still prevailing the number make way to gain bitcoin. This was already proven and tested which many has became successful in trading habit in crypto. Most of the people are making good money from trading on regular basis and its the best way to earn bitcoins if you have good knowledge and proper skills of trading and it will definitely give you higher income then signature campaign. |
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Bitcoin holds multiple features and benefits so people should choose according to their needs and start using bitcoins as it is far better then other payment systems when it comes to sending or receiving money especially with the lowest fees.
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Investing money in doubler sites, cloud mining sites are the most common mistakes committed by newbies and majority of them will also get addicted to gambling to make quick money but end up loosing every thing at the end of the day.
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If I would be having that amount then I would have invested 0.25 btc in multiple altcoins with good reputation and rest 0.25 btc would have kept safe in wallet so even if I loose money in trading I would be having 0.25 btc as an back up.
I agree with you. Probably between the two will be something that makes us 100% profit, and some are not. We do not know, when is a good investment to do. But, maybe I will also invest 50% for altcoin, and 50% more for bitcoin. That's right never depend on single investment for making money as you never know what future holds for you and if things doesn't go in your favor then you will end up loosing everything so its good diversify your investment to avoid huge risks in future. |
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Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
My Bitcoin so far was in mycelium , and electrum wallet. Then I also have in the exchange sites such as bittrex, c-cex, novaexchange, and yobit but not that as high amount only enough for buying altcoin if there are coins in the platform will be dump. Yes its better not to put huge amount of bitcoins on exchange site as you never know how long those sites will survive and if gets hacked or disappeared then you will be loosing all your coins so its always good to save them in offline wallet. |
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We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.
Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
Cryptocurrency 20 years into the future will probably be vastly different than what we have today. With all the developments, the smart contracts ideas and other features are probably going to be integrated. Maybe 20 years in the future, most people will look for bitcoin and altcoin than fiat. Because, it may be more profitable to open a business on the internet, than in the real world. I also believe that bitcoin will be much better 20 years in the future, because of the various developments made over the next 20 years. Yes that is surely possible in future as bitcoin has an ability to change the financial system in future and there will be many people who will start using bitcoins and there will be more companies that will start adopting bitcoin which will make in even more stronger. |
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You can earn that amount by trading altcoins but there is also an risk of loosing your money if you invest it in wrong coin so you have to go through great level of market research before investing in any altcoins and to earn 0.1 btc per week you should also have good capital to invest.
Trading altcoin is good but you cannot expect that you will be earning that amount regularly as there is also an chance that you take a wrong decision and which will bring loss for you so try to do good research before investing your money into it. |
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Bitcoin is a long term investment and never expect that it will make you rich overnight so if you have patience to hold your bitcoins for a long term then any price and any time is the best to invest in bitcoins as in long term you will only get best and positive results on your investments.
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The panic in the sale will bring harm, so try to stay relaxed in the face of any severe situation, because it will return to normal just take time to recover as before
It will bring harm to them because they are the one that decided to sell their bitcoins. Because they think that their profit is already enough but they are the ones that are giving some doubts about bitcoin's pump. Instead of making bitcoin pump, when they are doing panic selling they are not helping anymore. But if the price of bitcoins exceeds their entry price and if its giving them huge profits then I don't think its smart to hold their coins at that stage and instead they should be sold to get huge profits from it as if you will never sell your coins then you will never make profits from it. Profit is profit and there are traders that are doing it as long as they had their expected price. Just like me, I'm doing this sometimes but for only the small portion of my bitcoins. It's suggested that when you have the right profit already don't have doubts on selling it but the wrong thing is that most of us are doing panic selling when we are seeing the price to fall. The reason behind panic selling is that people lack patience and they get panic when they see price going down and start selling their coins at cheaper price and I think that is the time when we should hold our coins tight and wait for the price to bounce back again but generally people doesn't follow this simple rule. yes that can be right. but i think the main reason can be that most of the bitcoin trader do not have experience, and specially they do not have experience in short term investment. but in fact people are now become mature and they are now getting trap in panic selling as in precious time we experience a panic selling situation but the market get a good support very soon and the reason was that people try to hold their bitcoin and not to sell in such kind of situation. If price starts going down then instead of getting panic and start selling our coins we should take advantage of price drop and start buying more coins and that will help in recovering price very back soon. |
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If you want a steady income go find some work that will give you salary. Expecting steady income without a risk in investment is too good to be true, every investment has it's risk. If this is too easy for everybody, everyone will be rich by now.
Why would you have to find for a job if you want to have a passive income. Why dont you start up a small business, you can make a loan to do it, then make a strategy to make it grow. Remember if you're just a worker you cant be rich, and there is no permanent job. You just make your boss' rich not yours. I only just answered the topic or question here, business is good though but it is not so steady compare to a job that will give you steady income. Certainly. There is no business that has consistent profit since everything depends on the market. However, if you are an employee, you will get paid with fix rate no matter how does the market is going through. Agreed, no business provides a consistent earning, only the day job gives an stable earning. Now with trading it's good to get a sustained earning at present because price variation is something happening with certain time interval. yes that is a fact that from any business we cannot expect steady income only from signature campaign we can expect a steady income. But it is not long-term income, The signature campaign just a bonus caused by use or to be a part of this communities, Do you still consider signature campaign as your main income for your real life?  WTF dude, Try to see exchange site and it's included on steady income as running exchange business and collect your income from he fees. You cannot depend only on income from signature campaign for living and if you are doing it the you are putting your life at huge risk as there is full possibility that signature campaign will disappear in future and you would be having no source of income so its always good to to have multiple sources of earning money. |
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I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.
I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder. But never put all of the money in a basket can be a good advice for all of the people especially for the younger. They can take more advantages rather than it. I think young people are more into earning bitcoins instead of investing money in it as at that age I don't think they would be in position to invest money in bitcoins as they are young it would make hard for them to find a capital for an investment so they are trying to earning different ways. |
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I invested about BTC0.02 in alt coin last month when they have ico running. Now the coin already in some exchange and if i sell it now i can get about BTC0.08. You can get a lot of money if you are lucky to find the right one to invest.
although it is a very little amount to invest and expect a good profit. but still if you chose a good potential low price alt coin so from there you still have chance to make good amount of money by investing such a low amount of money. it is not much but it does make a difference if you have the patience investing the $25 into some altcoins is probably the best choice and less risker and have some hope one day that altcoin sky rockets to the moon like bitcoin did. That's correct but we cannot afford to hold any altcoin for a very long time as we never know when it will disappear in future so the best way to play with altcoins is to sell them when its giving you good amount of profits instead of holding it too long. It's okay to hold as long as the amount you invest is not something you need for you active expenses, it's a long term investment so your money is sleeping at the moment and the moment you pull it out, you lose in the game. Patience is necessary and the amount you put is the one you can afford. Yeah and if you have invested in any altcoin then you will prefer to hold it until you don't make some profits from it so even if price starts going down you should have enough patience to hold them till price rise again as you cannot afford to sell them at lower price. |
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Yeah, I would invest in bitcoin at any time. It will pay off
The earlier you are going to invest in bitcoin the more that it will be pay off. But still don't you forget to keep on saving because that will give you a good future although by just saving your bitcoin it's already a good way to invest too.  When we say saving in Bitcoin, its automatically meant investment of fiat money in Bitcoin and is considered as investment. So I am little confuse what you trying to bring out with difference in Bitcoin investment and saving! Well, investment is always better than saving if taken into consideration with inflation rate of the country because savings will never able to grow your money due to higher inflation rates. But if you save your money in bitcoin then it can take care of inflation in future and saving money in bitcoin is also an investing money in bitcoins so if you put your money into bitcoins then it will take care of both saving and investment whose value will appreciate over a period of time. Saving of bitcoin is good also as investment we all know about it but there's no gain with the quantity of bitcoin that you are saving. But the good thing about it is the price of it is moving, so whenever the demand of bitcoin is high, the price is affected and is going to give you some profit in the end depending on how bitcoins you are holding. Its better not to keep bitcoins idle in wallet without doing anything to it and try to use them in trading where you can grow your bitcoins and increase the level of coins in your wallet as more amount of bitcoins will give you more profits in future when price will go higher. Although it is best to invest your money rather than saving it. I don't recommend investing all your money. You should save like 30% of your capital. Just in case, your investment does not turn the way you wanted to. At least you still have some cash to bring back your loss in your investment for instance. But, investing is the best way to grow. Just make sure to invest in legitimate sites to prevent losses. And, split your investment in different businesses. " Do not put all your eggs in one basket", always remember this. Agreed its never smart to invest all your money in a single product as if it fails in future then you will be left empty handed and will become hard for you to recover your loss so investing at multiple places will always give you an opportunity of recovering your loss if either of any investment goes wrong in future. |
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I prefer bitcoin because we can invest to become something bigger, examples like trading, and other applications. The price is quite stable compared to gold, i love btc BTC
Yes gold is nothing compare to bitcoin because gold just is for investment and you can't use it to make another investment while bitcoin is an investment and also money that you can use to transact and you can also use bitcoin to make another investment and because of that you can earn faster and get rich faster with bitcoin rather than gold. I agree with you maybe with bitcoin we can do various business to get bigger profit with a relatively short time while gold is not much we can do besides investment and trade To me, bitcoin is like a currency. I have used it to buy many things already. Regarding from bitcoin advantages and it seems suitable to be a currency rather than commodity, Bitcoin have a value, it can be sent around the world. And that's make the bitcoin has filled all of the payment aspect. in this time i can assume if bitcoin will be better as a currency rather than commodity such as the gold itself. Bitcoin will become more stronger only if people will start using it as a currency as of now most of the people are not spending their bitcoins and holding for the higher price but to make bitcoin a stronger currency we should also use it and spend it like a currency. |
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People are keep saying that bitcoin is dead for the reason that they didn't bought their coins at a low price so they are trying to make a situation or fake news or alarm to the people to dump their bitcoin so they can get their bitcoins for a lower price and save some money, they only do that because of their own and they are not legit people to trust.
There are many reasons why people say that bitcoin will die in the near future. One of which is the reason, the user wants to make something panic that makes the price down. That is to make speculation like this To take a lot of advantages to buy back bitcoin on the lower price. That's can be a main reason most of people keep trolling to the bitcoin community if that will be die in the future. And it just to make panic market and especially for those with weak hand to get shaken and sell all of his bitcoin on the cheap price. Yes that is the main reason for spreading negative news related to bitcoins as they feel that people will get panic and will start selling their coins but now people have become mature enough and will not entertain those news as they have faith in the potential of bitcoins. |
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Simply, don't put all your eggs in a basket. And I always put small amount and withdraw my capital as it gows and only play what profit I got.
If you are into gambling and if you win big some day then its good to withdraw your profits and invest it in some different projects from where you can expect regular profits at regular intervals as if you keep on using them in gambling then one day you will surely loose everything. |
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I currently have BTC1.5 in my wallet and I don't have a plan to sell it now since I heared from some spreculation that it could hit $2000 of its rate per btc. Since I don't need it, I can wait until next year so that it could earn upto 80% from its capital.
That's a good move, there is a chance we can hit that level and your money will double easily. If you want to add you can, just believe it will grow overtime and since you can afford what you invested, there will be no problem in the future. Maybe we will hit that price but it is not going to be a linear thing, it is going to be a process with ups and downs, to me this seems like a nice moment to sell wait for the price to get lower and then buy again and obtain even more bitcoin. The value to 2k i think its impossible right now or this year will be happen.. and i think we will see this price maybe next year.. But there is no assurance that the price will touch in 2k since we are just seen the price increase this year because of the effects of new events and blockhalving.. There is a possibility that we may see that price at the end of the year but there is no guarantee that it will surely touch that price so the best thing would be to not to think about the price at a moment and try to collect as many bitcoins as possible as more bitcoins will give you more profits in future. I also believe in saving as much as you can to yield greater profits later. I have saved btc, and I am not in a hurry to use them now. So I would wait for the right time, and till then HODL. That's right its better to hold them at a moment and not to spend them as to get higher profits in future we should try to save as many as possible as price is expected to go very much higher in coming months. |
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Firstly newbies always search how to get free bitcoin rather than start buying bitcoin and getting used to it. Since its practically not easily available to get free so people waste lot of time on those faucets, gambling etc and end up in a loss.
Buying won't be possible for everyone and that is the reason they start looking for free bitcoins which they can get from faucet sites but the payouts is too low but they don't have any other choice of earning bitcoins at that stage so I don't think that its a mistake to spend time on faucet sites. |
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