As of now, my only form on bitcoin investment is by simply holding them. I am not sure how long I can continue just holding them because there are a lot of expenses that are coming next month. I might spend / convert everything to fiat if the need really calls for it, and will start from zero again. I have not been fortunate enough with my few altcoin trades and have not really found time to trade more.
I think if you already have a fixed income you just need to continue to keep it in my wallet. if one time you need the money you could sell some parts but try to prioritize to sell at a high price. I think it would give a great advantage to you |
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The main reasons are low fees, fast transactions and safety. Why should you pay more in a money transfer company like the western union and others like that if you can do it through bitcoin. So simple and faster, imo.
yeah something in the form of digital or not the cash will be more simple and flexible. This is a method of payment or currencies highly sophisticated I believe the system of bitcoin can survive even be developed until a future time. because everything will be all-digital future |
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Can I choose both? The two were not the same and have some advantage and disadvantage. Gold has been there for a long time now and we know how stable it is. Bitcoin price is not stable and we do not know how long will it last on the market. Gold cannot be attain if you have no money to buy for it. Whereas, bitcoin can be earned.
You can choose both. No one can stop you buying 1 BTC and 1 oz of gold the same time if you like and can afford both. yeah i think it depends on each person if you like either of them or think that both are potential investments you can buy them make sure that you're planning a nice thing to get gains in gold and bitcoin |
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Saving money I think is good but I think it is better to invest it. By investing it, your money will grow but when you just let it sit, it will not grow you can either invest it in stocks if your good at it or just put it in a bank with a good interest rate preferably those banks that offers compound interest. That way your money will grow but it is faster if you'll invest it in stocks but there is a big risk of losing money in it.
I thought you could not mention which one is the best between the two. because they are equally important for the future. you can not rule out save for where your money if you do not collect and store income you get? |
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No, I will never prefer to quit my job for bitcoins as I am not sure what will be the future of bitcoin and what value it will be holding, job offers me financial security and also retirement benefits to me and my family.
Well thats a good decission that you will never quit job for bitcoin because bitcoin will be a sideline only and you can earn more than your salary by bitcoins but if you can earn more bitcoin than your salary probably i will quit my job to focus on bitcoin so that i can pursue my dream and not to continue dreaming it. If you are young and healthy I don’t see why you cannot do both that way you get the benefits of a regular job, like a pension, healthcare, etc. And you also get the benefits of bitcoin, a great investment, low fees, etc. yeah I think if you're young and have high stamina I think having two jobs is not a difficult thing. you have to be clever in managing your time between real jon and bitcoin. I'm sure with a both job then you will earn a great income, and you're going to get rich quickly |
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One of the big problems, for many users, is certainly the price volatility, although it is advantageous to traders. But there is another problem, which is the confirmation time, since some merchants don't accept zero confirmation.
yeah a speedy confirmation will be required for all users. because the tag line of bitcoin is sending money quickly with a low fee. and this time I could not find a quick transaction. because quite a long time confirmation Yes bitcoin transactions correctly in my opinion is still very long. Because in bitcoin transaction still requires a few minutes and not rare disorder that delivery is delayed for several days. It was very disturbing to me and I hope it must be addressed properly so that delivery can be faster bitcoin. yeah it does not matter if the transaction were not too urgent or not very important, but what about when a person is in need of a transaction that quickly but instead you have to wait a few minutes until the transaction get a confirmation? I thought it would upset you |
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No matter what is the reason, if you lost your bitcoin then it is gone, whether you lost it to a scammed site or send it to wrong address, there wont be any chance to recover it, and its very difficult to track it,so if you lost it, then just accept it
agree, I think whatever your reasons for losing or lose I think you'd better forget about it, and you must learn to lose it and try to recover the defeat it by working even harder and never try the same thing that makes you lose your bitcoin |
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for now, I still collect bitcoin from various sites. My plan, after I get enough bitcoin, I will make an effort
Lol what will you do after you get a lot of bitcoin? I think if you want to continue to get bitcoin consistent and you have a good financial manage bitcoin I'm sure that you will collect a lot of money and you can get rich with it. without the need to create a business |
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no it will never, dicebot only going to give you more flexible choice for betting, it wont increase any of your winning percentage and if you run it for long term, you will lose all of your money for sure, the reason of this is simple, because no matter how you set your strategy, you wont be able to beat the house
It still depends on your strategy and your luck when you are using bot to play dice game although there is no sokid strategy but still you can minimize the loss or slower your loss. When your luck come you will win some profit too. Limit on how much your win will have effect too on how long your bot will run so I guess everything is correspond to each other when you are doing run using bot I think any strategy will not work on the dice. many people have said and awarded that victory in gambling only in the set of your luck. no matter how you use bots or not. if you play in the long term you will definitely lose dude |
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I can only access three gambling dice sites primedice,999dice,betking.which one of these is best & why?
I realy can't recomendation site dice to you. Just play if you things this good for gambling. control yourself when gambling, or you will lost yours money. I think the dice sites today many are already trusted, you do not need to find a trusted because I think most sites have a high trust. depending on your taste to choose the site of the dice because the display and the edge will affect of your win and your mood |
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Think before you invest in casinos. Unless you know who owns them and their management never invest in any of the casinos. Else you would realize one day you are being scammed.
I think there are many gambling sites that provide investment facilities for their sites. you should do the checking before investing in the casino sites. Statistical behold income or trust them. if you think the gains from a site that is large enough you can try to invest in it |
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I'd hold good part of it and invest the other part on the crypto market. The percentage that I would use to invest should depend on the risk of the investment.
I certainly would not invest all my money. I will use some to invest, yeah you're right percentage of capital distribution would depend on the level of risk in any investment there. such as investments in mining because the risk is not too great. maybe I will invest at least 1 BTC |
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One of the big problems, for many users, is certainly the price volatility, although it is advantageous to traders. But there is another problem, which is the confirmation time, since some merchants don't accept zero confirmation.
yeah a speedy confirmation will be required for all users. because the tag line of bitcoin is sending money quickly with a low fee. and this time I could not find a quick transaction. because quite a long time confirmation |
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invest. 21 bitcoin is an amount sufficient to make the investment. we can invest in bitcoin trading or mining, so the number of bitcoin is increasing and we can be rich
I think it would be very risky if you use all of your bitcoin mining sites to invest in or trade. may reduce the risk if you use half of it and split it into various investment bitcoin. you have the funds for this backup. most importantly do not use all your money and do not put it in one place |
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More than a year i must say. I've been here quite awhile now and have learned a lot about cryptocurrencies. I'm certain I'm going to stay for more years to come specially to earn more coins.
I also had a few years in bitcoin. who clearly had more than 3 years. of course I will always use up bitcoin bitcoin might not be worth more. but during bitcoin worth I will continue to use bitcoin. and I will always help bitcoin to keep growing |
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Using various bitcoin wallets is very important just like having several bank accounts. In the past, we have had of some banks collapsing and going down with people's funds. Similarly, wallets can face a similar scenario and therefore having many wallets acts as a cushion in times of collapse.
I think it's also a plausible reason enough for many third-party online wallet which could possibly be a collapse. and moreover there are many thieves who can fit into your wallet. so I think split into several bitcoin wallet is a good idea to avoid theft |
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I think bitcoin can't be compared by US Dollar, because US Dollar already used and popular since long time and bitcoin is still new for some person. Of course US Dollar still dominate than bitcoin.
yeah besides the dollar is also a currency of a country. whereas only bitcoin payment options online. even not everyone in the world knows about bitcoin, I think it is still too early to prove that bitcoin is more powerful than the dollar? bitcoin need a lot of progress to be against dollar |
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How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
I think if in view of bitcoin prices are in the range of $ 600 might you need at least 30 BTC to be able to buy a simple house pretty good. I think it would depend on the rate of bitcoin at that time. certainly when bitcoin prices to go up. you need a little bitcoin dude |
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There are many ways to earn bitcoins depending upon your skills and talent that you hold and to have better earnings from it, its always good to have multiple sources of earning it.
I think if you know your skills in what areas you'd probably be easier to get money or bitcoin, like someone likes to draw and then you can hone your skills to attend design. maybe you can get a lot of bitcoin by selling design services ? |
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In my own opinion, if you have a sure way to put your money then I say invest or better still convert to FIAT and invest because all this online sites majority ended up being scam if not from the beginning. On the otherhand if that is not possible the I would say save your money until you can go for the first option...
Saving is safe why you don't want to save your money instead of saving? If you are just looking for safeness then save it to your pocket or bank account if that is fiat money. And if that is bitcoin then you just need to store it to your bitcoin wallet and that is going to be safe at all and thus, you are going to get profit when price increases. If you just store your money in a bank or in your wallet, it is safe but it will not grow. And overtime it will lose its value due to inflation. That is why you need to have some investment to cope up with inflation rate. As long as the investment is gaining interest above the inflation rate, your money will grow in value. You are right and the fact that we all want to grow our money, the more we should learn how to invest because that is the only legitimate way I can see we will be able to grow our money, it does not matter where we will invest as long as it is safe and we know we have a great chance to make profit. I think you should do the checking before making an investment in a company, a commodity or a site, because it is currently very difficult to find an investment that is safe and legit. it would be very easy to find an investment that provide benefits but rarely investment is very safe and secure legit |
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