believing in bitcoin is the key of succes for bitcoiner. we must believe bitcoin will rise again, with this believing we will hold our bitcoin if the price falling like some days ago.
Without our belief in bitcoin we cannot invest because we are afraid that we lose our money in the future, this is like gambling more or less where we predict the future base on the historical statistics and hope we are on the right track now to hope for a good future. Any investment fills your mind with fear. Investing $1k in anything will make you afraid of loosing it. It's pretty obvious that you can't invest in something you don't believe in - that's like loaning $100 to a guy here with -50 Trust. What you are saying is true but if you are looking for higher profits then you need to take that risk as only saving will not more profitable which you can expect from investing it. thats true, without risk you will not make any profit and risking sometimes is a good thing, to be honest i believe in bitcoins thats why i invest in it I think at a moment bitcoin is the best place to invest our money as bitcoin will be much higher in future and I don't see any risk in investing my money in it. |
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It is better to keep some of it and invest some. You should not sell it because what if ten years from now its price goes really really high. You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already. Keep it and wait for the right time to sell it. You have to monitor also the price of it then you will know when is the right time to sell it.
I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest. im also keeping all my bitcoins in a cold storage at the moment, i think that it is the best place to hold your bitcoins right now if you dont want to lose it That's correct, that is the safest place to save your bitcoins and take them out only if you are satisfied with price and if you are making good profits from it. |
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Its not possible to earn steady income from bitcoins as price fluctuations will never help you in reaching there, steady income is possible with only full time job from where you can expect steady income.
The bitcoin price is too volatile. What we can do is to price the service/goods in fiat, then pay with the bitcoin. yeah, the price of the bitcoin is fluctuating all the time right now and it is not that good of a thing because you cannot make some good money with it then you can definitely make good money with it if you are into trading, you can take advantage of price fluctuations but it will never give you steady income, it will be a combination of profit and loss. |
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Good tips, I should try some.
yeah you can also use your internet browser if you have internet you can search google for some question and some knowledge about bitcoin so that you can earn for free without spending real money on internet because you are newbie i suggest you to join in some signature campaign where you gonna do is to post and they gonna pay you , if you are going to active here in forum then you gonna learn more like me  If he is on this forum that means definitely he is having an internet connection, as without internet you cannot expect to earn bitcoins. of course we need internet for earn bitcoin without internet we can't earn bitcoin even we have miner hardware and if internet in this world gone so bitcoin will gone too. Yeah the life of bitcoin is dependent on the life of internet, without internet bitcoin is nothing, but we don't have to worry because neither internet nor bitcoin is going anywhere. |
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I am not thinking of that long as there is no guarantee that bitcoin will survive till that point of time, my focus is on short term and I believe in making quick profits.
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I already told my girlfriend about the bitcoin about 2-3 months ago but she didnt seem to be much interested in that, she only said yes yes and said i will see later.I also make her join this forum but after that she didnt done any thing,and then i also stopped telling her about bitcoin.
Lol I thought she was just speechless without any definite action. it means she is not interested in bitcoin dude. you should know it if she is really interested in bitcoin I'm sure sh will use bitcoin ? or at least find out about bitcoin right ? She definitely dont have any interest even she always saying yes every time you asked her. So, dont bother up yourself on asking her again since you would definitely get the same answer all over again. If she dont have any interest on a certain thing then leave it then. I do agreed, Obviously your girlfriend is showing no interest in bitcoin. With that action I think you don't need to waste your time to explain to her about the advantage of having a bitcoin, just continue what you believing for in bitcoin and let the time tel her to iniate herself to ask bitcoin at the right time season dude. Yeah if she is not interested in bitcoin its better not to waste time behind her, instead invest that time in earning bitcoins as time once gone will never come back again. |
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though if it happens i will use it for more investment...and to own a private company!!! gives some out to those who are in needs...exp orphan homes.......  investing is not always a best decision to make to be honest, i think saving it all would be way better, in this way you would be able to make profit over time But investment will give you higher profits in compare to saving, investment will make your money grow and give you better returns in future which is not possible with saving. |
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It could be. We never know when price will rise, we never know when it will fall. With the 'hacks' like the Bitfinex one from a few days ago, I'd say THIS is the perfect moment to buy a lot of BTC, because it will recover soon and that means just profit. People will believe again in it, we have to wait some time until their fear will be gone.
Price will rise at the end of the year, and the current price drop will not have any major impact on the mindsets of the people, in fact people will prefer to buy at this stage. 120 k bitcoin will not be used for sometime. So that is a kind of holding. It could reduce the number of coins in circulation. Honestly we dont still know if the hacker sold all bitcoins in his pocket.. its still risky to buy huge amount but i think they are also waiting for the price increase Do not worry about the future, price will be definitely higher in future so concentrate at a moment in buying as many coins as possible to generate higher profits in future. |
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2016 still left a few months away. I feel that the time enough weeks to make bitcoin is at USD1000. bitcoin movement now looks positive and moving rising. hopefully in some future time bitcoin will continue to survive.
It is not very possible for the bitcoin price to be $1000 in December this year. It might happen early next year. I can agree with this, good prediction. The market is currently running in too low of a state for the value to go up nearly 100% over the course of 5 months, so I can see Bitcoin not going to high and hovering somewhere around the $700-$800 by the end of the year, assuming we have a bull run at some point. Yup it would be nice to see price in four digits again, but even if we touch $1000 at some point this year i dont think it will hold for long and as you said price might reach 800+ on end of this year. Having gave $600+ as floor somewhere after some months is lot more rise we can expect i think. But It can never be sure in Bitcoin. With surprises like the situation with Bitfinex achieve $ 1000 can be very difficult, but if the situation in the next two months to stabilize .. why not ..  bubble can come at any time .. we just have to wait for positive news! i think it wont be hard, this price will be achieved next year most probably and it will allow me to make some good money really easily Yeah $1k doesn't seem to be problem now as price is rising now and many new users are joining the ride with bitcoin and if continues then we will see that price sooner or latter in this year. |
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iam quit my job is my age are already retired
because is in the community in my town still needs social status
but is my bussine offline run and is my earn bitcoin over $2000 iam ready quit in my job
$2000 would be enough to have a living with bitcoin but the big question is how would you get that amount even if you have an online business that certain huge amount would be difficult to reach it would need a huge capital i guess to achieve that goal in future. Goodluck If he holds good capital to invest then he can earn that money with trading, but risk will always follow trading he need to make sure that he takes right decision at right time. |
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If you do not to rely on the mined coins to make a living, it is better to just hold the coins for the long term.
Yes, I agree with you that if it is not the only income that you have it is much better to just save it and wait for the right time to sell it when its price is high. Or you could sell some of it if you have many and try to grow it by investing it to some good investment sites. It would be nice if while earning it you could still earn some from it by trying those bitcoins to work for you. Saving them for future is a good thing, but you also need to take benefits from price fluctuations, sell when its allowing to make some profits and buy again when price drops. Well, that is the basic principle in trading to make money, we need to follow that no matter what and also in trading we need to control our emotions as it is also risky like gambling. If we have that attitude, surely we can succeed in trading and we will not easily panic and patience is virtue. Yeah patience is the key in trading, even if price falls you should not get panic and should hold your coins until you are not making some good profits from it. Yes just save it and wait for the right time to sell it. As they say patience is virtue, time will be a friend when you are into investing. Should by next year that bitcoin price will goes up, you will never regret that you save those coins you make from mining. Because for some reason we still believe that it will performs well on market. Price of bitcoin will be much higher in future and I think this is the best opportunity to buy, as everyone is expecting 4 digit price in this year itself. Your statement is true, bitcoin price will definitely rise in the future and now is the right time to buy since the price just fall back a bit and it is very cheap in my eyes now so I have take the risk to buy more bitcoins since this is an opportunity for me. Yeah this is an good opportunity to buy bitcoins, price went down in recent past and now again it has started recover slowly so buy it before its too late. |
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Its not possible to earn steady income from bitcoins as price fluctuations will never help you in reaching there, steady income is possible with only full time job from where you can expect steady income.
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As currency when I use it for payments and an investment when I hold or trade for profits.
Me too, I'm using it as payment just like what I did today. I went to bank ATM and sold my bitcoins and I did used it for paying my internet bills and as well as buying a cake for my fathers birthday. BUt also I'm using both of it, using it for investment as well I'm just also holding my bitcoins and waiting for the possible price increase. Yeah that's truly everyone wants . We using bitcoin for currency and investment. While we invest and collecting bitcoin we can withdraw the little of mine to bank account for paying some needs in real life. Yeah bitcoin really is good for using both as a currency and as an investment. The people must have mass adoption for the use of bitcoin. I know it is going to happen in the future because many are loving the convenience that it gives for the people who are using it. That's why I am just keep on collecting bitcoins. Bitcoin can be used as currency when you use it to exchange it to local currency to buy daily goods, pay bills, etc. or you can even do some online shopping and also bitcoin is very good to use as an investment, the simplest is collecting bitcoin and just waiting for its price to rise to get more profits. If you don't have an option to spend it then simply hold it for the future as that will help you in earning more profits in future by selling when price goes higher. |
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i will use 50 % for trading next 25 % goes with daily life issues next 25% for saving as bitcoin only no bank account needed .
I think you should change the order, I mean 25% in trading and 50% in trading, as if you are good in trading then even you can take amount from 25% to 50% pretty soon. |
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Maybe they got scammed or lost their btc on gambling, who knows..., or they even dont know how btc works..
or there are some people who have so many expectations for their bitcoin so when they lose it all in gambling or something like that, It's not correct to become reasonable because the people is always reading the agreement before they wanna agree with that in gambling. and the risk is become normal things they will get. it's not reasonable to included list. i think losing to gambling is not a reasn why people hate bitcoin! maybe they hate bitcoin because they got scammed by HYIP, PONZI or mining sites that they had trusted. i can also say that one of the reason why they hate bitcoin is because they don't have enough information about it or they don't have money to invest. I agree it is not losing to gambling that people hate bitcoin. It is due to their hasty decision to jump in to greed triggering investment like HYIP, Ponzis and obvious scam schemes. Another thing is that they were driven by their own greed on buying bitcoin at it's peak thinking it will double or triple in value in short span of time. Yeah and I think people should not blame bitcoin for that its their own mistake to take those worst decisions to multiply their coins in quick time and loosing everything at the end of the day. |
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In 2017, I believe they will be a tremendous rise in btc..and be a source of real cash too....both investment too
yes hoping that in year 2017 bitcoin will be the year of bitcoin where bitcoin price will going to rise up to 1200$ or more so that investors are going to happy and many investors are going to choose bitcoin as a currency so that they can start investing or trading where they can grow their money hoping too that we can use our bitcoins in store where the sales lady are going to scan our bitcoin wallets Nobody knows what price bitcoin will hold in next year, but looking at the present development and growth of bitcoin it suggests that it will be better year in compare to this year. |
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I like this steady rise in the price. It just means that it will more stable in the future. Yup steady rise is better in compare to sudden bubble, and if price keeps on rising slowly then its positive indication that price will go much higher in future. |
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I do not see this year as a boring one at all. so far we have seen many major events for bitcoin. including the halving which happen last month. also the price had many strong movements and no one can predict what will it be at the end of 2016. so all of these indicate that this year is not boring for me
Yeah and we witnessed major growth in price in compare to last year, thanks to halving which helped price taking higher and we can expect the same in the end of the year. |
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I am don't know a good way to invest my bitcoins, i am looking for a good opportunity to invest in cloud mining, but sometimes i am thinking that better just saving.
Invest your money in trading if you want to get a good profit, and don't play gambling or invest your money in gambling because it is risky and winning chances are very less. And one thing more don't invest your all money in trading too because it is also little bit risky. Yeah invest part of it in trading and rest save it for future, so even if your trade goes wrong your saved bitcoins will help you in future. |
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Yup i am still believe in Fiat, not only me so many people believe in Fiat. Now the question raise why ? The reason is so simple bitcoin is not used offline in many countries, it only use for online shopping directly. So people should believe on fiat because they use fiat in their daily life and buy things that they need in their life.
And at a moment if we have to spend bitcoins directly then we need to convert it to fiat first, so basically we can say that bitcoins is dependent on fiat. |
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