By finding a steady job, it will become easier to have a steady source of income. I have been working professionally for over 10 years and have made a career from what I do best. I am far from being rich but I can get by and provide for my family. I am also doing investments on the side while I also try to earn a few bitcoins when time permits me.
Having a full time job is a best way to get steady income as you are assured that you will get certain amount of income at the end of the month so you can plan your expenses accordingly. |
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It's obvious that people on this forum will prefer Bitcoin over Gold since it's a Bitcoin related forum, no surprise here.
But if you look at the mentality of the average Joe, then they will give the preference to Gold when they have the option to choose.
Gold is around for such a long time, it gives them a safe feeling as result of that, it's something you can physically hold in your hands, it can be a jewelry, and the list goes on.
Enough reasons as to why the average Joe will prefer Gold over Bitcoin.
I agree with your post. But Bitcoin was never meant for the average Joe. It was created as a digital currency, mainly targeting the tech savvy population. Without an internet connection and a smartphone, it is impossible to transact Bitcoins. And that itself means that Bitcoin is not attractive for the vast majority of the world population. Exactly and we cannot expect everyone to start using bitcoins especially people from poor countries who don't have any idea of latest technology and that makes bitcoin less popular. |
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the worst scenario in bitcoin are when you have spent a lot of time to collect bitcoin ,
bu then the price unexpectedly dropped to the lowest ,
what you gonna do if this worst scenario happened?
optimistic are very well okay , but remember don't expect to high as you may get hurt.
Most of us are aware about the risks associated with Bitcoin. Yes, there is a strong chance that Bitcoin may become completely worthless in the future. But still, who cares? Many of us are ideologically motivated to use Bitcoins. For us, it is a weapon against the corrupt bankers and the wall street criminals, who exploit the common people using the fiat system. That's right and with bitcoin we can have full control on our money and we don't have to pay taxes to corrupted Government who even after collecting taxes don't give any benefits to its citizens and are busy in filling their own pockets. |
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least favorite thing bitcoin is the lack of marketing and public awareness it. due to with it is still believed by many be a geek thing, simple or people who are not in the web world much don't want to get into bitcoin world.
Thats true, lake of marketing and advertising is a big reason why bitcoin is not yet as much popular as it should have been, because the ones who are not involved with the things like online earnings or etc would never come to know about it unless they see an advertisement of it or someone tells them personally. But who will take initiative of marketing and promoting bitcoins to the world as everyone is busy in collecting their own coins and do not bother about anything else. |
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The best thing I like about the bitcoin is that you can use it everywhere and that its also untraceable, no one is controlling it expect you that are having the power over your wallet.
I think you can not use bitcoin anywhere for the moment, but I do not know if in the future be able to be used anywhere, but for now we are still limited to using Exactly we cannot use bitcoins everywhere at a moment especially at physical places as there are very few places that accepts bitcoins and that is also limited to certain countries and not sure what will exactly happen in future. |
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And perhaps most important bitcoin sell when prices rise. Myself sell bitcoin every month I get from the signature campaign and trade. If prices go up no matter how small I immediately sell it, but if the price drops I'll hold it.
That's the right thing to do, if you are satisfied with the price then you should sell them as its giving profits to you and if not then better to wait for the right time to sell your coins. |
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I don't have much Bitcoin too, so it doesn't mean a lot to me. I am also a bit unsure whether it is safe to believe in it and leave some big money in BTC... I just care about it being a way to earn money and thus help me live my life. However, I also thing that the idea of BTC is interesting and nice. People can spend and earn money anonymously and don't have to pay taxes.
Agreed and I think even if bitcoin gets disappear in future it won't make much difference to those who are not totally dependent on it for living and if that happens then they will move on and find other ways to earn money. |
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Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.
in my opinion it is not easy to predict whether any particular number of people using bitcoin . because every user has multiple adress , multiple wallet and also many bitcoin services account , so we can't predict of find out how many persons are involve in the bitcoin . And even in future we won't be able to find how many people are using it as we cannot go to each and everyone and ask whether they are using bitcoins or not and I think its a waste of time. |
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Bad days teaches you everything and especially when you are jobless and don't have any source of income you will start taking risks so that you can have at least some money that can give you two times food and that was the time I came across through bitcoins.
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As i stated on one thread which i choose offcourse i choose bitcoin and it is better to choose and use because here in my country there's a lot of miner's who keep really destroying our mother nature and gold is not hard to find not like bitcoin's. So for me bitcoin is best coz you can really sell it and earn it for free.
yes i am also agree with you, i like to invest my money in bitcoin although investment in bitcoins is risky but you do not have any other option if you really want to make money. Every investment is risky so why should not take a chance with bitcoins? As if everything goes fine in future that it can give us huge profits which would be never possible with gold for sure. I agree that every investment have risk involve. And investing bitcoin is worth it because bitcoin is still in adoption stage. There are lots of potential if we invest in bitcoin. We can use it as mode of payment where we can tap new customer that are using only bitcoin to do their transactions online. Your product is automatically sellable internationally because of the bitcoin payment method. Bitcoin will become more established in future and it will be definitely holding higher price and if you compare the profits between gold and bitcoin in long run then bitcoin will surely win the race. |
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Get a webcam and become a camgirl/camguy on one of those sites. Shake your booty and play with yourself all day and have people tip you bitcoin. I don't know exactly how much you can make as ymmv, but I'm sure one would be able to make more than doing a sig campaign.
You're welcome.
LOlz  but very rightly said that it will give you much higher in compare to other methods and most of the cam girls are already earning a good income from it. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I have dreamed a couple of times about getting rich with bitcoin but then short after that I wake and realize that I am not rich with bitcoin. Maybe it is a sign that I will some day become rich with bitcoin in the future. That was funny. It happened to me also when I was just starting and really got excited thinking of ways to profit from bitcoin. I guess it really do happen when you are too hooked with one thing. That's right and sometimes even I had dreamed that someone sent me millions of bitcoins accidentally to my wallet address but when I woke up reality was different  |
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That is actually a possibility but it will take a lot of time. I'm sorry to burst your bubble but there's no altcoin wherein you can invest and then get 1000BTC in return. Maybe in the long long long run. But as you can see right now, altcoins continue to die. The devs are leaving once they made money. They don't care about the coin that they created. I think you should go find a day job instead of looking for that miraculous coin that will turn you into a millionaire.
Yeah and its very hard to believe that anyone can hold that high amount in his wallet, and if he is a part timer in bitcoins then that amount will never be achieved and it will also need a good capital to invest. Most of them that can hold that amount are investors or gambling owners this is i think that can hold that amount than other business online or in darkweb that are uses for illegal activities such as drugs and illegal weapons.. yeah to hold that huge amount its possible only for the rich people but its not possible for any normal user to think of holding that amount in his wallet as its impossible to have if you are only earning them. People who are earning in different ways will never achieve that target in future as its never easy to earn that high amount but its possible for people who have lots of money to buy them. |
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I just put in what I need at the moment to grow my coins, but I also cash out once I made more.
But the price is too high last months for me to take any big risks and speculate on short term.
Did you put all your money into bitcoin? Don't put all save alteast when you need physical money in emegencies you have some. And that's good when you cash out once when you made profit from your earnings well big risk doesn't mean you can really earn from that things sometimes it just about lucks. Put all your money in bitcoin if you want your life to be ruin in the future, bitcoin is an investment and every investment has a chance to succeed or failed and think about this one, what if the outcome is a failure, then you will have a big problem, right? Exactly, its never wise to put all your money in any single investment either bitcoin or any other, as its a big risk of loosing everything at once if your investment fails in future. And i don't anyone would actually put all their money in bitcoin. You still need actual money for your daily expenses and bitcoin is not accepted as a regular currency in a lot of countries yet. That's right we cannot afford to invest all our money in bitcoins as we also need fiat for our basic needs and the fact is we are not sure whether bitcoins will bring profits for us or not in near future. Correct and I think its always good to diversify your investments by putting your money in multiple products so even if one investment fails you can recover your loss from other. Yes and its a big risk to take of putting all money in bitcoins as there is a big question mark on its future and even if it survives no one knows whether price will increase or decrease in future. |
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I advise dont trade in yobit, there are many shitcoins in yobit.
I once tried to trade in yobit but become bankrupt, trade in ccex
instead. Buy at cheaper price coin like vta, xaur, adcn, hill ect.
For sure youll earn profit well.
i don't have any idea how to trade alt coins others saying inspect or read news about alt coins price but ididn't get how to do it is there a group in facebook of bitcoin traders? can i join to guide me in trading step by step? Yes, it is good to always read the current news and happenings in the world of crypto currency so that you can have better knowledge of which altcoin will be profitable and which one is not. Be sure to take time and learn the all the necessary tricks in the trading for better result always. We must spend more time for our analysis on daily basis, that only will ensure our success in trading. yes and I think this forum is the best to collect latest and updated information related to trading and crypto currencies so if we can manage to spend enough time here then it will surely add value to our knowledge. |
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In my eyes Paypal is good but bitcoin is way better because of the fact that you can do way more things with the bitcoin and its also useable globally.
The bitcoin is a lot better than PayPal.
paypal and bitcoin has the advantages of each. we can take the advantages of both. paypal accepted as valid payment media by various financial institutions. while bitcoin has easy access to money transfer. Yeah Paypal is good for online shopping as most of the sites accepts Paypal and that is the reason its more popular among the people as the usage and acceptance of bitcoin is limited at a moment. |
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don't same bitcoin in investment another platform gold or house
is gold is good investment is long time over 10 year
bitcoin is very bad is investment over 10 year
well, take a look at the 10 year gold charts. gold has gone up 112.5% in a matter of 10 years. it doesn't mean it will happen again of course, but investing in gold for 10 years and getting a return of just over 110% is not really promising. if bitcoin lives up to all its realistic expectations, then you'll be rewarded with a huge return. it will be beyond what gold will offer you. From the past performance, it seems that the bitcoin is much better than the gold. The bitcoin will grow even faster. Bitcoin is indeed much more rewarding than Gold, but the risks are also much greater. In order to benefit from the volatile nature of Bitcoin, you have to understand what the risks are, and know how to read the market in order to benefit to the most from whatever state the market is in at that time. Of course, bitcoin is very volatile and the understanding of the market trend also matters, but it should be clearly understood that holding bitcoin for very long time may not be a good strategy to make profit. The best strategy is to buy it when it is low and sell it immediately as the prices goes higher. Repeating this strategy for many times will make lots of profits if you maitain it for long time. That's right holding them for a long time is a boring way to make profits as we never know when price will go on the top that can give us best profits, its better to keep on buying and selling them in short term. Yeah holding is not the best way to make profits as if price crashes in future then your holding will go in vain and you need to wait for a loner duration for price to go higher to make profits from it. Yup and to make profits from it I think we should trade them in short term and be satisfied with small but regular profits as there is no guarantee that holding will give you good profits in future. People who don't have knowledge of trading will never prefer to take risk of putting their money into trading, instead they will prefer to go for safe method by holding them for future. |
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Pump and dump are completely normal things when it comes to Bitcoin, it's just how it's functioning. So if you want to invest in Bitcoin this is something that you will have to accept. So far it's been.shown that on long term Bitcoin is good investment but you have to be clear with yourself what is your final goal and strategy.
Yeah we are not able to speculate the price value of the bitcoin.However price fluctuation seems to good for bitcoin's growth and price will pump in this end of the year due to christmas and new year. Yes and for the same reason majority of users are buying coins and those who already have enough coins are holding so that they can make profits by selling them at the end of the year. |
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I would suggest that you continue on trading. For me it is the most safe way to grow bitcoin rather than investing it at hyips because most of them are scam but not all, others will last for month but will be eventually become a scam. Or gambling it because we all know that no one gets rich from gambling.
Investing in HYIP is asking for trouble but not all investments are scams, probably one of the easiest ways to make some money is to invest in the bankroll of bitcoin casinos. Its more easy to invest in bankroll in bitcoin casino but the problem its still not safe because there is still possibility that you can be still lose in gambling unless if you are lucky that gambling casinos are always win not all the time.. many people here are shut their mouth that many people are making a good profit for gambling.. for me its still good to invest in trading. There are no guarantees that is correct but with the house edge on your side then making money in the looing run is basically a mathematical guarantee. I think even you know about mathematics in the game you will still don't know what will be happen since its all randomly result and its depends in your skills and luck.. even you are gamble their for long run or short time.. they will be the same result.. Yes and I don't think that any skill can help you in winning in gambling, you can only win only if you are super lucky on that particular day and we know what would be the results most of the times. i agree so its still better to make some research instead find a good quality coin to support the forum itself can be a good venue to learned about our supported coin so all we just needed to do is to review and make good assessment in order to grow our btc in terms of investing to trading. There is no doubt that trade and investment will give you better results in compare to gambling, but a good research is compulsory before investing in trading or else it will be same as gambling with your money. |
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Selling of everything is just applicable if you don't have last option and you really badly need money for it. And for me if it comes for bitcoin.
Selling bitcoin is not going to be a good decision as the price of bitcoin is still not good as anyone is expecting. Just wait for more increase.
That will happen for the next month's.
Selling everything is not a smart move to make but never selling them also doesn't make any sense, if the current price is allowing me to make good profits then I will surely sell some part of it. |
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