I believe that the best way to a stable income is your business, but for this you need to calculate everything well in order to create something unique that will constantly bring in income.
Real business is a good way to get stable income and for those who doesn't know about Bitcoin they probably have offline business in their city. But, for we as the Bitcoin lover we have different source like from Bitcoin and real business where you manage it from your Bitcoin income. You need to know that business will not give you a steady income, I have a screen printing business, and my monthly income is not fixed. But I prefer to be a businessman rather than earning a steady income (employee) because by doing business you can earn unlimited income |
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Whenever I read arguments such as in the OP, they always leave me mouth agape. Why wouldn't anyone sell their bitcoins if they were in dire need to solve a cash problem or they read into technical analysis that the coin may crash? I really don't get this part. Do we really see Bitcoin as a god or as an asset? I would sell if the price is right and then wait to buy back at a dip. This is because I see Bitcoin as an asset, not as an untouchable tin god.
Yeah I also read some answers on this thread, that most users sell their bitcoin of course because they want to earn a profit, the user sells their bitcoin when the price goes up and will hold when the price has not gone up, I've also seen some other answers like selling because to pay for daily |
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I believe in gold, only because it is a physical thing, that is slowly running out and if you have a brick it is forever (well unless you sell it) While with bitcoin, it could get old fast, and be obsolete, when some altcoin becomes extremely popular and better in every possible way.
It is a risk to bitcoin investment, when competitors of cryptocurrency offer bids and more appealing technology than bitcoin. But it all depends on the bitcoin user itself. If the user continues together using bitcoin, then no other cryptocurrency will replace bitcoin |
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I'm not sure that bitcoin can replace the dollar. The government and US bankers will not allow it, but the fact that bitcoin can really make life difficult for the dollar that's for sure. We constantly see the outflows from the dollar in favor of bitcoin.
It's to say if bitcoin will ever replace dollar very soon. Dollar is a strong currency from the government of US. And almost all countries are just depending their economy on how dollar is good, this is why dollar is a very powerful currency. Bitcoin is also powerful, let's see on who will win this civil war.  Bitcoin is the stronger currency in digital currency world. But to be strongest against the paper money like dollars I think it is a big dream. Because if you compare the bitcoin to dollar the popularity of dollar to whole world was good enough to bring it on top, while bitcoin was popular only to the netizen people or the people who always updated to the current events of the world on internet. I think it is impossible for bitcoin to replace the dollar as the local currency of US. It may be more possible for bitcoin to replace the dollar as the international currency, which is used for international transactions. But still it is very difficult to do because people are still more confident in the dollar |
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When bitcoin prices have increased drastically, I rarely use bitcoin for online payments via bitcoin like paying utility bills and internet.
Now i use bitcoin for trading and investment purposes although small but i always save from my earnings from trading and signature campaign results that exist in this forum.
I think it's just when you're buying something or spending bitcoin when the price goes up it's going to be profitable for you. Because you can buy goods cheaper than ever because the price goes up. I also use bitcoin to buy something stuff, sometimes I wait for the price to go up to get a cheaper price |
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I believe that investing is much better than saving. Money should be on the move and make a profit. Of course there are risks, but who does not risk that and can not earn much money.
I think there is nothing better. You can not compare both of them in terms of profit. Because of course the investment will be chosen for making money rather than saving, but you need a saving plan to raise your money for more so you can have the money savings, that's the function of saving |
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I think that in most cases, it is better to invest, otherwise, you are just losing the potential of your funds. But it has to be investing in smth that you believe in.
yes that is right that those peole who want to make money they should invest money inbitcoin Investment not just in bitcoin, there are so places where you can invest. Not just in crypto currency but others can be in real estate, metals and other similar popular investments. But don't forget that saving is necessity, we had to save no matter how many investment you've got there, we had to save for our better financial stability. Yeah that is true the investment can be said option because you can still live and earn income from the main job, but save very important role, without saving you will not have the money, you will not get rich, etc. Then save it is very important, you have to formulate it first |
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Gold, because gold has a stable price
I think you're wrong when you said gold has a stable price because no commodity ever had a stable price. However, you don't know what bitcoin is or what bitcoin is capable of. Have you ever read or hear about Erik Finann? to me i think that there is no doubt that gold has a very stable price because we can examine a very small change in the price of of gold even after a long time. wile the price of bitcoin is changing from time to time and has a very big fluctuation in its price. so those people who want to increase their assets they will always choose bitcoin instead of gold. Because bitcoin prices continue to fluctuate so bitcoin is very different from gold, if we want to get better profit we can choose bitcoin, because bitcoin is very suitable for traders but bitcoin and gold is also very good to be a place to invest. Both have their respective advantages. Yeah bitcoin can be said to give big profits in the near term, of course with the help of fluctuations, you can not get big and fast profits with investment in gold, because the price changes of gold is very slow (not fluctuating) but of course the risk of loss will be greater at Investing in bitcoin |
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There are so many people who ask me about bitcoin "what is bitcoin" after I explain they sometimes do not believe, indeed everyone is different thinking, they just think I wasted my time but when they see me earn income from bitcoin, They want to learn bitcoin and join.
There are a lot of my friends also ask about bitcoin, most of them are my office friend. They ask is it business in bitcoin profitable ? i say that bitcoin price ever stepped on the price of $ 100 and currently bitcoin prices reach $ 3000 and they are very surprised and at this time they are very enthusiastic to hear bitcoin from me lol |
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Most likely for the end of the year it could reach $ 4500, and I think it would be better to hold it for a while until it reaches a price you think is worth selling.
I think with a lot of speculation that bitcoin will rise this year, it's not too late to buy bitcoin now you can still make a big profit. because the possibility of rising bitcoin prices is still very wide open seeing bitcoin prices continue to show a positive signal to keep going up and you do not have to doubt about the profits you will get, certainly you'll get a profit dude |
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
Up to the present time, I assure you that I save Bitcoin for future use as it grows. Besides transferring Bitcoin into cash and using them, we should save a little after each transaction, it's not too much but if we do so many times, it will be a big money spent for the purpose in the future Yeah I think no matter what your goal is in bitcoin, I think it would be better if you keep a few percent of your bitcoin to be stored up to the future, it will be very helpful and helpful for your future, it can even make you rich if you have a lot of bitcoin deposits in Your wallet. So make plans to save up to the future dude |
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Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on. What's your way of spreading Bitcoin knowledge?  Well if i want spread bitcoin knowledge i would to advertise bitcoin in a television and post it in the social media like Facebook or some blogs. They may also watch it on YouTube to know some good informations about bitcoin that may help them. If you advertise on television then there are many viewers who will see it and of course it will be very helpful, but the problem is to advertise bitcoin on televii costing very expensive, who will pay for advertising fee? You? I think you'll be sucked because paying for television ads is very expensive, better advertise in social media (free) |
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Yes I also think that bitcoin is becoming a worldwide currency and more people are interested to know about it, how they can treat it.
I dont think so, since bitcoin is a digital currency, every people in this must have Internet connection and gadgets as well if that happened. So I think it is not a good idea that paper money will be xtiynct just think about the people who dont have and still can run with techy world. I think it's not a problem, first everyone in the future will definitely use the internet and then bitcoin can be used anywhere to transact. No matter the country is far away in the world. They can still send money in that country to any country in the world, and that includes global currency |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I would prefer gold. I am very scared that in the future some fast hardwaresystems going to be able to break all crypto system hacking all the seeds. I do not believe this system is going to work for 10 years. A more developped alternative may take bitcoins place. It's a bitcoin risk, bitcoin is a technological breakthrough nowadays and many people are interested because bitcoin is a new technology and innovative commodity, but when there are competitors who have newer technology and offer something better than bitcoin, it is very likely that users will prefer Leave bitcoin for something better. |
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Cashless society means, everything is done electronically. For now its not possible, but may be in the future.
Its risky knowing that there are lots of hackers around you. Snatchers and robbers will decrease but online hackers may increase.
Yep! Cashless society will absolutely promote hacking. I believe that electronic money should be used side by side with paper money. That would make a better society to live in. Cashless society is not possible practically. Many people are going to oppose this idea because of too many risks. Nope I think the risk will be lower than using cash money, thief is very easy to steal money in your wallet cash, they just need to press you and ask for your wallet, but using the digital currency will be safer, in fact using bitcoin with 2fa added, Ever get hacking? |
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what do you think about this topic?
I don't think Bitcoin is an instant way to get rich. Why? it is because it depends on the person if he is determined and hardworking. Well nothing in this world is instant way to get rich even the lottery, you still need luck. I think there are many users who get rich from bitcoin and they just use the method of holding in their wallets? Maybe it does not really need "work hard" but it will certainly take a long time to get rich. If you want to get rich with instant you have to work hard, because that will be hard to do |
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Well of course, everyone it can be said should use Bitcoin to earn money. Bitcoin can be said as an alternative way to earn money. Because enough with internet connection alone we can get money through bitcoin. Bitcoin has proven many advantages, proved very profitable, proved many people who are rich by using bitcoin. Seen now bitcoin prices soared, this is awesome. And everyone must to knowing about this.
If you give that reason of course you are aiming for the investor, but if you want to attract the layman or the ordinary person. Maybe you should explain how easy it is to use bitcoin to transact cheaply and quickly and also security and secrecy trasaction will be guaranteed in bitcoin |
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Cash is better than bitcoin because it is acceptable by everyone, easy to use and easy to transact. Bitcoin is far compare to cash, but i believe that someday btc will use a main way to transact online. Investing your cash with bitcoin today will surely help you achieve your goal in life.
Someday bitcoin will be easy to use for shopping or transactions when the technological era has come, where the whole world uses digital currency and people already understand the technology and when that era comes you must be able to use bitcoin like cash money |
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I think that children need to create some kind of game connected with bitcoins, but do not start them at once with serious earnings, because they will not understand yet.
Maybe they will understand how the game will work, and maybe they will also assume that bitcoin is also a toy money, so I think there is no urgency to explain and teach bitcoin to small children, besides that would not be too useful for them |
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So Bitcoin is better than Gold?  as my opinion, investment and portability, bitcoin sure way better than gold, but if we say its value in the market, all market around the world accept gold so that's it. Bitcoin surely grow in coming years or it can be valued in any place, but its not now I think not entirely bitcoin is superior to gold and vice versa, both have advantages in some places, for example at least gold is safer for investment than bitcoin. And bitcoin is more profitable for short-term investments than gold that tends to be stable prices. I think you can use the investment to suit your needs |
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