This is a question that depends a lot on the profile of the investor. If the person has experience in trading, or is willing to learn how the market works, by doing a deep study of it, in this case maybe the individual can get good financial returns, but nothing is certain, since Bitcoin price is always changing, and often these changes are unpredictable.
I think it depends on the skills of the investor's own, if he does not have the skills to do the trade. then do not force them. it will make them losers. look for a place that you think you're safe and experienced in it |
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Earning free bitcoin can be as example done by doing signature campaigns its easy and also very nice to do because you are learning from it.
but it can not be done by a newbie. means you need at least 2 weeks prior to joining to the signature campaign, because the minimum rank to join is a junior member actual faucet is also a great free method |
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Plan for the future maybe is to work hard to be rich someday. All of us I think wants to be rich so ill manage my time between bitcoin+ daily life and family bonding time. Also, I plan to have fun while working hard to be rich since life is short so I will enjoy it while I can after all I don't need to be rich to enjoy what enjoyment life has to offer, like yahoo said in his reply in this thread above.
hard work today will determine your future. so work hard and do what is beneficial as collect as much money. because it will give a nice effect on your future dude LD |
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I didn't ever buy bitcoin. But with the current price for bitcoin I really regret that I didn't buy bitcoin on last August-September when the price dropped. I doubt we will ever see such price for bitcoin ever again.
Nothing has late even now if you want to get the profit which every user got with the previous price rise then you can get by buying now as the price came down a little lower due to bulk sale of different investors but once again the price will increase when people will start once again to buy for further investment. I buy bitcoins because its profitable its simple but really true, you can make a lot of money with just holding it. The most people are also doing it and I agree about it and I also do it to be honest because I think its logical. of course, almost all users. I'm sure they are using bitcoin to invest and earn profits, because now I'm not too sure bitcoin can be used as currency with ease ? |
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I store my bitcoins into a paper wallet because that is just very safe and its offline so you cannot access it easily too.
Lol I know it will be very safe, but it would be very complicated when you're going to do bitcoin transactions. better use online wallet, and add the authentication will be very safe and flexible |
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bitcoin course could be a means of payment that is better than paypal. bitcoin has the ease and speed better.
we can use bitcoin as possible. because in the future we will utilize all the technology is very good.
bitcoin is more famous as a payment option. for the current now bitcoin can not shift paypal. but the future later. I believe bitcoin can shift paypal from a list of the most popular payment method |
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I didn't ever buy bitcoin. But with the current price for bitcoin I really regret that I didn't buy bitcoin on last August-September when the price dropped. I doubt we will ever see such price for bitcoin ever again.
Nothing has late even now if you want to get the profit which every user got with the previous price rise then you can get by buying now as the price came down a little lower due to bulk sale of different investors but once again the price will increase when people will start once again to buy for further investment. I buy bitcoins because its profitable its simple but really true, you can make a lot of money with just holding it. no wonder many bitcoin users are an investor seeking profits by investing in bitcoin. yeah true so am. because bitcoin is really advantageous. so I bought it |
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My best strategy to invest my money buy Bitcoin when price is low and sell when price is very high than buy again when it falls down that is easy but what is hard to know that which price level is high or which price level is low as we can not predict Bitcoin.
that is the difficulty that there is in investing in bitcoin, will not be easy is it the price on the current bitcoin has included a low price or not. because it might come back down, as well as the high price, not necessarily the price is high |
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In total at the moment I have about 1.1 bitcoin distributed in several wallets it is not really a big amount but I plan to keep buying through the 2017 year and hopefully the price will get lower so I can buy more bitcoin for the same price.
too bad if you still keep save your bitcoin whereas some time ago the price had risen very high. I think you should be able to take advantage of opportunities as possible, because the opportunity will not come again and again |
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Bitcoin is now very unstable. Therefore, it is trade and income on the difference cryptocurrency can raise their number of coins. It is a safe option in my opinion.
I think there is no method that can be said safely grow because everything has a risk of loss. trade is a good method because you could double your bitcoin with your skills but stil you are at risk for losing |
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My strategy is very simple buy and hold, it is not the one with the best earnings ratio but it is very easy to execute, if there is a big rise in price I will sell a small portion of my bitcoin like 10% and wait for a decrease in price, that way I keep accumulating more and more bitcoin.
why do not you sell it all, would not it be more profitable? because you can buy it back when the price falls. yeah every user has a different strategy, I respect your strategy dude  |
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The dollar stays more powerful and also the bitcoin even depends on it, I think that the dollar is important for the whole world right now.
although currently bitcoin has a very high price. even higher than the dollar. but it does not make bitcoin can beat the dollar, it bitcoin is still dependent on the dollar. because you can not shop directly using a bitcoin ? |
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Paypal is not a scam, cause before it was the most common way to pay and recived money. And paypal can be use to shop on amazon. The only thiing that i dont want on paypal is account limitation.when your account got limited you cant send money.
account restrictions occur because you're doing things that are forbidden by the rules paypal, or there are other problems relating to the TOS. if you use paypal in accordance with the rules, then there is no big problem |
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in my opinion, some way to make bitcoin is join signature campaign, do task from some people that offering in service invest in some project / website that look promising i still doing it, slow bitcoin but sure  true I think by combining several methods such as selling services, signature campaigns, and other methods, it will provide significant income to you and if you continue to discipline you can collect a lot bitcoin |
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Unfortunately I think it was after mid of 2016 but damn I wish I had started using it in 2009 if that was its first year.
I think early investors and who stuck with it now have smiles on the faces that is ear to ear wide.
But as they say, better late than never.
That is the advantage of early bitcoin users they may have become rich now from bitcoin. but it is true what is said by many people. its not too late to join. you can still get rich from bitcoin |
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Though people are started using debit cards, credit cards and other digital currencies; there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment.
Yes it will always be and there are people who are not even updated with these type of usage when paying because they really lack of knowledge about technology. There is always a need for paper money even the technology is becoming more good enough nowadays and we can transact everything using internet. It will surely take time for people to accept it but i'm sure the day will come when the world will be completely digital and so will the payment systems, though we cannot say for sure that bitcoin will be the mode for that but governments might create their own digital currencies which will replace paper money system for sure. true, although the digital world will later use the money for their currency system, it does not mean that bitcoin will replace paper money, it was something very difficult but I hope bitcoin could play an important role |
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Banks are used to protect our money they provide a good service and do let our money grow, but well their fees are too high for the services they provide. If i could i would put all my money into bitcoin and use it as need, but bitcoin its online soo without internet it will fail, and sometimes my provider just get off for a long period, banks atleast has atm to cashout.
why should not trust the bank? while the bank provides convenience to save money, grow, sending money from one place to another very much, and most importantly of all users still rely on banks? |
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It can give a lot of confusion of course. First off Bitcoin must be legal in order for you to do that. Because Bitcoin if illegal you won't be caught about money laundering but you will be caught by illegal possession of Bitcoin. Also if it is legal it will be easy to launder money because it is secure and private the only problem is converting it back to Fiat.
I think without the legalization of money laundering can still be done, the most important thing bitcoin has a rate or price, such as the current bitcoin although not legalized but you can still make money laundering easy |
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Banks look after your money, they lend it out, charge interest and then pay you interest. In theory. Bitcoin is just a bank account in isolation with none of the supporting infrastructure. With no banks, who will give you a mortgage or an overdraft? Where will small businesses get their startup capital from?
I agree with your points that banks have a lot of other tasks to complete not only to save money of people so banks will not be disappeared with the establishment of bitcoin. Certainly the country will protect the bitcoin, channeling money and money circulation of course still the task of the bank. Although the bitcoin already massive use will never eliminate the function of the bank. True though bitcoin widely used even though later it would not make banks disappear, because banks controlled by the government, so the government will always defend the bank from any threat |
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Bitcoin has definitely a good future ahead of itself, but that doesn't mean you'll become a multi millionaire. For that to happen you'll need at least 100 BTC if you calculate that the price at some point will reach the $10,000 level. Keep in mind that the majority of the people holding Bitcoin hold an amount lower than 1 BTC. How do you expect people to become millionaires with such a low amount?
Nothing can be termed as impossible. Even those holding 1 BTC will become millionaires, if the exchange rate increases to $1 million. I know that it sounds ridiculous now, but anything can happen in the future. In 2012, no one thought that the exchange rates will go up by 100X in 2013. Yes correct, in fact none of the observers who dare said bitcoin reached a price of $1.000 in a year yesterday, but it's already happened. The most of us will regret for not buying from the first bitcoin, but they did not dare to buy now, even though the price of 1 year again reached $2.000. I think although bitcoin will rise in the future, there will be no one who dared to buy a lot of bitcoin at current prices. because they think current prices are very high and risky. but if you look into the future it may be advantageous |
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