I use bitcoin for mobile recharges but some times gamble with them also.Gambling i think can be considered bad.
Your first choice in utilizing bitcoin, is good enough. However the second option to utilize bitcoin, is an option that can indeed be bad for you. Because in gambling we must be good at controlling myself and can't do gambling amateur I think no matter what you use with your bitcoin if you use it correctly and you know the risks of what would happen then perhaps it could be called as a good use. including gambling. if you can accept all the possibilities are there then it is okay |
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I think investing all 21 btc in trading can be risky, its better to invest only half of it and rest should be kept safe for future as you never know what will be the end result in trading.
I think using 10.5 BTC to trading is a large number. Yes, with a large capital profit trading is also getting nice but with it the risk of trading also higher. Because if you experience a loss, the loss is also doubled. Better to use only a few percent only. hehe That's the right thing to do, invest some and save more for the future and if I have 21 btc then I would prefer to invest only 2 btc in trading, and if my luck favors me then I can make good profits even with 2 btc. I think not a problem if you use most of your bitcoin. to grow but it is better if you allocate only a small portion of the bitcoin for something high-risk method? then you can save large amounts. because even if you save and hold you still would make a profit |
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It is quite risky to invest bitcoin to some unknown sites that promise a very good return. You must do your own research, and do the math. Don't be enticed by awesome promises, 99% of it is just words. Avoid cloudmining because the review on it isn't that good. I think investing in ICO with early bird bonus is good and sell it the moment you saw profit.
Exactly no one will follow their promises in long run so its better to avoid those sites for making an investment, better choice is to invest them in trading sites. I think investing in third party is currently a scourge for bitcoin users and investors because it is only because most sites disguised ponzi scam and they become and make a mess. so that more investment be deserted and looks creepy |
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Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
I think everyone has their respective destinations in buying and using bitcoin. maybe you're using bitcoin to grow but there are also people who buy and then hold it alone in your wallet and then sell when the price is high I thought it would be safer and you can profit from it |
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Saving money is very essential when we talk about future use. This stuff can save us from tight situation in the future. There are lots of method how to save money but the simplest is to make it a habbit. Making a habbit to save 5% to 10% of your income will give you a great result after 5 to 10 years of doing it
yeah I think if you were trouble to save your money you may be under pressure to save the amount of money would you save, try to use 5-10% of your salary for you to save. maybe it will not be too burdensome to you. and you can begin to save for the long term |
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I have never seen old people using bitcoin, i even kind of doubt they know about bitcoin and i think they wont even bother to know and try to acknowledge bitcoin, but if they are earning bitcoin probably is through trading, because trading bitcoin is almost the same with trading stock
it's indeed rare event to see old people using bitcoin but there's an exception if you're socializing with those techy old people,they'll know what exactly bitcoin is and even using it for their online needs,maybe in your area there's just very few techy old people or even there's nothing there is always exceptions in these situation. but in general the older people are less interested in these new technologies and so there fewer of them using it. in other words you can find a lot more young people using bitcoin than old. yeah true it happened to him. I give you the information that I have a good job and gave me a lot of advantages and you can use bitcoin for investment and currency. but my father did not like with anything that smells of digital and technology. maybe the parents are not interested in it |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin. Yes and its hard to believe that people will show any interest in bitcoin if they have lost everything in it, but the people who wants to enter the bitcoin it would be the best time for them to buy maximum coins. If the people buy bitcoin when the price dropped to $1, they are so brave imo, because it's really risky. If the price dropped to $1, i'm not sure people will trust bitcoin anymore. yeah of course very risky. because the price may be the price actually dead or back to zero. when bitcoin down to $ 1 I think there is no potential for bitcoin to rise. because I'm sure many people will be traumatized and afraid to invest into bitcoin again |
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I don't know about the others but I am using it mainly for gambling purpose as it provides my privacy to gamble without disclosing my identity and even no one around me is aware that I am into gambling.
yeah I think we could invite a lot of players gamble to join the bitcoin. because I'm sure there are many countries that forbid gambling in their country? by joining in bitcoin they can gamble freely without any interference from any party. including from government |
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lots of differant people use bitcoin everyday.
well i think not a lot of people uses bitcoin right now but i really use it a lot, i buy some digital goods with bitcoin and i sometimes buy physical stuff from ebay shop I think bitcoin users not only the users who use bitcoin as a currency only. but users bitcoin cover everything. whatever you do with your bitcoin. be it investing, gambling and so on. when you start using bitcoin. I think you automatically become bitcoin users |
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I wouldn't go full time on bitcoin but surely I would spend a lot of my time with it.
yeah I thought I would do the same thing as me. although my job is now getting paid a little but I'm not going to quit my job there are many reasons I had but I will always use bitcoin, and bitcoin as I continue to collect my extra income |
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the recipes to getting rich are: 1. discipline 2. don't mix friendship with money(business) 3. don't spend it  the interesting thing is do not mix business with your friend? yeah maybe just that there is a problem. I was once in business when my friend bought souvenirs and they always ask for a discount on the grounds that we are a friend Lol. they should be able to know that there is no discount for friendship in the business world #imo |
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I do this. There are 52 weeks in a year. The first week I save 1 dollar, second week I save 2, third I save 3, so on so on till you hit week 52, in which you save 52. It's a gradual increase each week so you don't even notice it.
It's easy to say but it will be hard for others since there is no regular and fixed weekly earnings especially for those who has real life job. Their salary is on twice a month basis (in most of the cases). But they can increase the savings per salary day so that they can still keep up with their savings. I think it would be easier if you keep your money start to little by little. if you were earning about $ 1,000 per month. you only need to save $ 50 each month on your wallet. it was very small I thought it would not be hard for you to save |
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I wouldnt consider 1 BTC as an investment as current bitcoin price is not favourable for holdlers
Really? Explain me why... I am a holder myself, and as a holder I don't care about the current price as my focus is pointed at the future price. how much you are sure about the future price of bitcoin? the above guy is correct. this is not the time of buying bitcoin. I am not saying that bitcoin well get dead or disappear. but as we can see there is no any good movement happened in bitcoin price from last 3 months.. even after halving bitcoin price is getting dropped.. I don't know about others but I my self will just wait and see what will happen next. That's true its better to keep an close watch on market at a moment, as price is going down and I don't think people are interested in buying at a moment or else price would have been higher. I think that people are not interested in buying bitcoin is stable prices. you can see bitcoin trading volume on the exchange today. tends to fall when prices begin to stabilize. and the volume will be larger when rapid price movement. I think buying bitcoin at this time is not quite right #imo |
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I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
I think it depends on your condition at that time and depending on the price at that time. if you really need the money and the current price is quite large. why do not you sell it? To date, the price has not yet reached its peak, so it is not wise to sell their bitcoin. Perhaps the end of the year, all will be clear from the value of the currency level. I think if you expect the price to be towards the top it is a false hope? How do you think the price range. bitcoin prices including prices peak? I think the price is high depends on each person. if he bought at a low price ie $ 400. perhaps now is including high prices |
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Most good if you do have money, you should not buy the cost especially if it is not needed . That 's one way how in managing money easy way to do something important to buy wisely do not buy if you do not want it . Because today most luxurious equipped especially for gadgets .
And you should also know how to raise money frugally . For those times when we need money we have available especially in emergency situations
I think every human being has the desire and hope. although it is not a necessity but to meet the desires of each person it is okay. but with a note that you spend your money well. you may purchase items as you wish but do not be too excessive dude |
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Hello friends
Which is more safe xapo or block chain wallet? And why?
Lol of course blockchain safer than xapo. besides blockchain have an older age. although they are a third party, but they do not have control over your bitcoin dude. so you have control over your own bitcoin wallet, blockchain also gives many facilities. |
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I wish I could use my Bitcoin on my local minimarket, that would be very great  that would be really great haha , local mini markets malls and other places. yeah because there are a lot of minimarket even in my village there are many mini. would be very nice if they accept bitcoin. of course we will be more easy to membalanjakan bitcoin. I'm sure if that happens there will be many people who adopt bitcoin. because I think it is the indirect promotion |
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I make money with bitcoin and spend my very expensive time on this forum so bitcoin worth to me and I like it.
I use bitcoin as a place to earn money. I gather my bitcoin in various ways and then I convert it to fiat. bitcoin has a high enough price and I think it will always be worth to me when bitcoin always has a price of course, would be meaningless if it does not have a price |
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You should know your limits on spending, there should be a balance between what your wants and needs.Money don't come easily you just have to work hard for it before you have it.And just by saving money invest it and some save it on the bank,for realization today money really matters for those who really need money,focus on your goal if now your on the peak of getting a good income .
I think to save you should be able to share the needs and desires properly. I do not agree if you divide it with balance. you should prioritize your needs rather than desires. Do not buy too many needs and desires. because of course you're going to get it wasteful and futile. you have to be clever in saving |
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Regarding fiat, inflation is a big problem, but we have no other alternative in most situations.
I think inflation is going to happen if these countries have low economic. inflation will not occur in countries large and strong economic growth IMO. fiat has many types as there are many countries in the world. that uses a fiat currency? |
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