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As in general we need education to literate our self same as in bitcoins we need to make educate before use this amazing digital currency. This has many more features and advantages.
Earning bitcoins also need some time to understand market. without knowledge no one can survive.
So my suggestion is take some time and invest some money to educate, as it can give good ROI in future.
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What are the required documents i need for this to be legal and any other tax issues. I am new to this , so please help me.
I am planing to buy , hold and then sell it when its value becomes more. Also please suggest me to earn with this bitcoins.
I want to essentially make a living by trading and selling bitcoins. Also other possible alt coins in future. I request your guidance. Thanks for your time and replies.
Its advice to dont go for Localbitcoins as already many get scammed there. Better to go for any Indian Bitcoin trading service where you can buy or sell bitcoins instantly and take your money to home easily. I would like to suggest Coinsecure. Coinsecure is the most advanced Bitcoin trading platform in India. Fast and Easy to trade your Bitcoins for INR. Read my review about Coinsecure - Connecting India to Bitcoin |
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Along with trading go for gambling as major gambling sites gives higher bonuses on deposits so anyone can easily cover good profit on gambling also. But it need patience, calm mind and no greedyness.
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If want decent and residual income then must have to think for long term business. Sig campaigning is also not bad but it took efforts.
Trading need expertise. and mining needs investments.
So it just remains faucets or gambling.
Better-way go for offer any service with exchange of Bitcoin.
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Wont disclose as Lending Bitcoin is cannot be business as If consider to market price as price may be vary at the time of transactions ans afterward it may change.
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If you are mining coins then it does not really matter if you sell them right away or save them for the future. Either way you will make a profit so it is really up to you. If you want to make more money then waiting for the price to go up is the option to choose, if not then sell them right away.
I mine the bitcoin. I keep most of them. I just use some to cover my cost. I will make more profit if I keep them longer. Unit value of mined coins will be same but exchange rate of certain mined coin may be vary. It depends up on market condition so its better to sell mined coins and invest in newly growing altcoins as price will up then sell them and get profit residually. |
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In a life common man has primary necessities as Cloths, Food & Shelter.
To gain these primary necessities man starts to harvesting and finally find solution in term of money - a thing that can be used to exchange good or services.. It was the first step toward socialization. But time is changes now !
Bitcoin is the real innovation of this century.
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Well what is idea behind this 100 BTC project.
I want to know more about it as I know various programming languages very well. And can contribute to project.
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Why to use VPN if you already use google chrome browser. It has excellent extension named Browsec to use free VPN.
We can easily change own ip address to any of listed country. Its has free as well as paid future for higher security.
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Bitcoin itself is a protocol. As Internet uses http protocol we must have to go for web platform. As now days already there are many advanced platforms to access web from any device.
Responsive website with good content and flow of traffic can generate residual income for ever. This can produce steady income subsequently.
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Halving can affect on price its an example of facts happening around now, but exchange value of bitcoin will be higher soon.!
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Great to hear...
Already India's major private bank ICICI already in mood of testing blockchain possibilities for indian economy.
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First want to clear that Bitcoin is anonymous currency so without trust or escrow must not have to made transaction. I don't remember name of guy but was saying he is from pune which near to my place but when I search for mobile location guy was from delhi !
I just stumbled. Second when I called to buy Bitcoins he reply me that if you are new then must have to buy 1 bitcoin at least. I stumbled again when he told me to send amount directly to bank account.
Now I get confirm smoke of scamming. I made a call to guy and ask few more about Pune and hi job he just start to impressing me.
I am bla bla bla bla....
I simply tell him to meet me personally in pune. and put my phone down and still waiting for date & time of appointment. I even observe that more than selling, scam is happening in buying.
In such cases there was not big deal to find that man personally and cover all expensive by penalizing him to return paid amount and other charge as of harassment, efforts and money spend to reach to guy also file FIR near to his location. |
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First want to clear that Bitcoin is anonymous currency so without trust or escrow must not have to made transaction. I don't remember name of guy but was saying he is from pune which near to my place but when I search for mobile location guy was from delhi !
I just stumbled. Second when I called to buy Bitcoins he reply me that if you are new then must have to buy 1 bitcoin at least. I stumbled again when he told me to send amount directly to bank account.
Now I get confirm smoke of scamming. I made a call to guy and ask few more about Pune and hi job he just start to impressing me.
I am bla bla bla bla....
I simply tell him to meet me personally in pune. and put my phone down and still waiting for date & time of appointment. I even observe that more than selling, scam is happening in buying.
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Many already got scammed but mining is very important role in bitcoin generation and even verifying transactions.
Without mining it cannot be possible and as per consideration of haling reward for block will be reduced by 50% but actually it has higher value by exchanging it to fiat currency. So mining is one of most important and necessary procedure.
Important is to go with trusted cloud mining service provider or go for solo mining with own hardware.
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There are four main types of wallets - Desktop/Software Wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but they can sometimes be tricky to install and maintain.
- Hardware Wallet is like movable thing where you can store your own bitcoin and carry anywhere build with strong security.
- Smartphone/App Wallets are also great tool to get control over your web wallet with apps. Some of actual just apps are also can be used to send, receive or store bitcoins securely.
- Web Wallet or hosted wallet is one that is hosted by a third party. They are often much easier to use, but you have to trust the provider to maintain high levels of security to protect your coins.
Every wallet has own existence and importance.
Read more at http://bitgold.co.in/get-bitcoin-wallet/A “Bitcoin wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. |
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Owning blog or website is great platform to explore. This can give more convenient ways to connect with targeted users. Which can return good earnings also. Firstly make more interesting post or content on blog/website. Then bring some good amount of traffic. after then go for any advertising network as adsense or any of bitcoin advertising network. Advertising is biggest industry ever. |
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Quite collectibles. Already data is on forum. Well good try to bring all in one place.
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I dont think that Bitcoin is illegal. Nepal is still poor country and have to make proper actions with economy.
World mostly tier 1 and 2 countries have start to accept bitcoin payment via micro payments.
Now the main thing what if government oppose to bitcoin ?
Firstly Altcoin is decentralized digital currency as no one control it. In major countries mostly government take control over currency, but bitcoin has change past and gives revolution to world's economy.
And government with poor economy will not allow bitcoin as currency due to political issue.
But it is future and it takes time to sustain it as well as accept it.
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In such scenario. Mostly people with intention of marketing always want to promote something and these guy always thing for newbie as fool and want to engage them and get paid returns.
But I dont think so.
It all about integrity and knowledge along with power to understand things.
It tooks me personally 4 years to understand Bitcoin, Cryptography and 2 years to believe on it.
It may be vary person to person opinion.
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