In my opinion, you should be doing both at the same time.
Everyone must have some money for rainy days, but at the same time, you should invest some of your money, to make profits in the future. At the same time, be self aware, because if you don't know what to invest your money in, you will loose them.
Thats right, you can choose either saving or investing, because saving and investing are both useful and that 2 have a connection, like you must save first till its enough to invest, after investing your money and its successful save it again and buy those things that you need and want. I prefer the method of all what i save to invest only a part of them or max 50% investing in a good projects or in cloud mining and other things. Not investing all of your saved money because if you fail then it will hurt too much. What I do is just invest the minimum amount of Bitcoins in a service (like for example: cloud mining) That way when something unexpected happens I could be safe that I've only lost very little of my earnings instead of spending all my savings A quote says "Invest as much as you can afford loosing them". Every investors risk their money with the hope that one day will get profit from it. I could see investing as some sort of gambling. You're just risking you're money to get some profits (but sometimes you might even end loosing it all) Please correct me if I'm wrong.
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bitcoin is still standing strong why consider it dead though
because some people here want to buy cheap coins and spread FUD. Would you imagine Bitcoin's price to lower down to $100? This could all be possible thanks to Bitcoin XT. If that happens, I'll buy a big sum of Bitcoins and hold them for the next increase in price. If the price of bitcoin increase after 2 years would you keep it? Because anything can happen, so you can't say that you can keep it until the price of bitcoin goes up again. You do have a point there. I'll just hold them until there's an increase in price (around $1000) and hopefully cash out some coins into fiat. The rest of Bitcoins would be exchanged into Nubits. They're are pegged to the value of USD and thus, it would be a good option just in case Bitcoin's price goes down (I think). Just my opinion.
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Today I've recommended Bitcoin to a profesor of mine in college. He never heard of crypto currencies before but now that I've started "teaching" him about Bitcoin, decentralization and its features, he became interested in it. Now he said that he would like to buy himself a miner and start earning some Bitcoins. I will later teach him about how mining works (difficulty, etc). Anyways, that's one more member for the Bitcoin community. I also told him to make an account at Bitcoin Talk and join a signature campaign to earn Bitcoins. Pretty good, on what subject did he teach? if he teach computer related maybe he knows that and also he try it. So keeping recommend it to anyone so they can help bitcoin grow and became a popular as a form of money. The subject that he teaches is Computer Databases. He never heard of Bitcoin, but now he does (thanks to me) and he's ready to buy a miner. I've just recommended him to buy himself an Antminer S3 or an S5. A prof that teach computer related but didn't know bitcoin? hahahaha i think he not love to read or he maybe not interested on things that make money. but its good to hear that he is willing to adopt and to use bitcoin and now he is miner thanks to you hahahaha Yes I've also thought of that. But I guess he didn't have the time to read and investigate about such crypto currency. As soon as he receives his miner (he bought it from ebay) I'll tell him everything from mining difficulty & hashrate, to configuring cgminer. He became interested in mining to make some profits. What he doesn't know is that this isn't easy as it sounds. You have to take into consideration electricity costs and mining difficulty.
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The closer Bitcoin's current supply is to the limited supply, the more it's price will increase. There will be more demand. That will certainly happen in the future. Just my opinion.
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Bitcoin could replace the dollar in the future if it meets the following requirements: Faster confirmation time, price stability, bigger block size and mass adoption. When all this is accomplished, we could see the day that Bitcoin would replace fiat. Nevertheless, all we can do is wait and see goes well it goes for Bitcoin. Only time will tell.
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Lately, I've been investing on Banxshares and Bleutrade Shares. So far, I've been receiving good payments from them. This, in addition to my signature campaign earnings and arbitrage trading, I could make an average of $8 per week (last time I did $10) I just stick to one rule: Invest what you can't afford to lose.
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Most alt coins will die, but Bitcoin will survive. It is the king of crypto. Long live Bitcoin!
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Today I've recommended Bitcoin to a profesor of mine in college. He never heard of crypto currencies before but now that I've started "teaching" him about Bitcoin, decentralization and its features, he became interested in it. Now he said that he would like to buy himself a miner and start earning some Bitcoins. I will later teach him about how mining works (difficulty, etc). Anyways, that's one more member for the Bitcoin community. I also told him to make an account at Bitcoin Talk and join a signature campaign to earn Bitcoins. Pretty good, on what subject did he teach? if he teach computer related maybe he knows that and also he try it. So keeping recommend it to anyone so they can help bitcoin grow and became a popular as a form of money. The subject that he teaches is Computer Databases. He never heard of Bitcoin, but now he does (thanks to me) and he's ready to buy a miner. I've just recommended him to buy himself an Antminer S3 or an S5.
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There's another thing that I like best in Bitcoins, and that is Banking for the Unbanked. With Bitcoins you have control of your own money
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Would like to own a physical gold bar someday. Until then, I'm growing my Bitcoins to exchange them for gold later in the future. I think its a good investment
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In my opinion, you should be doing both at the same time.
Everyone must have some money for rainy days, but at the same time, you should invest some of your money, to make profits in the future. At the same time, be self aware, because if you don't know what to invest your money in, you will loose them.
Thats right, you can choose either saving or investing, because saving and investing are both useful and that 2 have a connection, like you must save first till its enough to invest, after investing your money and its successful save it again and buy those things that you need and want. I prefer the method of all what i save to invest only a part of them or max 50% investing in a good projects or in cloud mining and other things. Not investing all of your saved money because if you fail then it will hurt too much. What I do is just invest the minimum amount of Bitcoins in a service (like for example: cloud mining) That way when something unexpected happens I could be safe that I've only lost very little of my earnings instead of spending all my savings
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no i dont have 1 bitcoin, i have saving my earning but never get 1 bitcoin. how to get fast 1 bitcoin Perhaps the most fastest way to get 1 Bitcoin is to participate in a signature campaign, and depending on your posts and rank, you will get an average of $5 per week or more. If you keep it that way, you will get your first Bitcoin. You could also try arbitrage trading but it is too risky and it doesn't always work. Hope this helps
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compared to other 2.0 coins, BitShares is very undervalued. I don't meant to complain, since I'm buying... I've had the same thought too. Maybe is all because of the ETH hype, but perhaps I'm wrong. Bitshares will be probably increase in value after its 2.0 release. So far, I love the features it will bring.
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I've just earned a decent amount of Bitcoins from signature campaign. Also, received a dust of satoshis from faucets.
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I hope to see an increase in price of XMR after the ETH hype is all over. In the meantime, I'll just buy cheap coins while its price lasts.
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I think that the best strategy for dice games is to use a bot that would do auto betting for you. It might help, although I'm not so sure. Just my opinion
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I got my payment from signature campaign once again! Thanks a bunch!
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If nothing can be done about cloudminr.io then I suggest that this thread gets closed. We've had far enough discussing about such losses with our Bitcoins
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Hope you are right, but the prediction is too much optimistic. The first thing is the size debate should be solved ASASP.
I agree with you. And that could be accomplished by improving Bitcoin Core. We don't need a fork or an alt coin like Bitcoin XT.
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bitcoin is still standing strong why consider it dead though
because some people here want to buy cheap coins and spread FUD. Would you imagine Bitcoin's price to lower down to $100? This could all be possible thanks to Bitcoin XT. If that happens, I'll buy a big sum of Bitcoins and hold them for the next increase in price.
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