the best investment you can do is to save some money and buy some property. decision making always have a risk. but if you invest in somethings where you can call it as an non current assets it could be useful in future. and one more thing if you want to grow your btc with less risk is impossible but you can search up what gambling site is trustable where you can invest your money to double it up.
No gambling site can double up any investment, that is a wrong concept, though some people can win in gambling (if you are talking about that) but that does not always happen, so it is better to invest the money somewhere else where it is not always dependent on luck. |
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BIG YES!!!
Actually, I think that the major reason why Bitcoin was created is to help the poor people and also teach them to gain financial freedom. Many testimonials that from being a poor people, they became rich just by using Bitcoin.
Though bitcoin maybe was made to provide a financial freedom to the people but i don't think satoshi had any thoughts like this in his mind that it might help any poor people or countries as while creating it he probably did not think that it would become so popular some day. |
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I don't think bitcoin will ever replace the US dollar. The government would not allow that to happen. I could see bitcoin being used as a payment method like paypal, or a method of sending money like western union, or even a way to store money instead of banks.
Exactly. Bitcoin will stay as an alternative payment method. Though it is unpredictable but still i also feel that it may become more of what it is today but it would definitely not be able to replace any currency in the world as it is a free system which cannot be controlled and currencies running anywhere are in control of their governments, so it is really likely to happen. |
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well i didnt save at all btc hahaha because of my addiction in gambling. i waste all my btc in gambling that's why i'm changing my dailyactivities where less gambling and more saving up. it's not too late for a new start right ? i wish i could reach atleast 1 btc before the end of this year. ofcourse im gonna invest too haha for faster grow of my profit.
I also wished the same to have atleast 1 bitcoin in my wallet by the end of the year but as i had to cash them out in order to buy a bike so i could not save them up all, though i'm not an addict of gambling but i spent my bitcoins on my physical life so i could not save anything as well until now. |
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It's something unlikely to happen in this decade or the next. But at some point, when Bitcoin becomes mainstream, people will lessen dependence on banks.
That is for sure going to happen if bitcoin reaches mainstream as many people already are stopping believing on banks and they are willing to have other ways of storing their money securely so if bitcoin reaches that place where people would believe it totally they would probably turn their faces towards it, but i'm afraid not everyone is going to do that. |
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In my opinion, the best investment atm is btc, I mean buy and hold. But if you can afford to take bigger risks, there is the possibility of investing in altcoins, but few are legit.
Investing in alt coins is also considered to be one of the best investment related to bitcoin, though not all of them are trusted but there are trusted alt coins which people are trading everyday in order to grow their bitcoins, so if someone is wise enough to trade the best coins he would get profits in alt coins too. |
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simple no risk no reward
Well, that is true. Investments are indeed two sides of a coin. Risk and reward are those sides. The more risk you have, the more chances of getting a bigger bonus. This would be the risk and return structure of anything. That's why selling drugs, and other illegal stuff is so profitable because in those kind of business you have so much risk involve. Not to mention, you could go to jail or worse, get killed. Thats true somehow, that if someone cannot take any risk then he should probably not invest his money or bitcoins anywhere and just save them, so if you ask that whether you should save your money or invest them before that you should ask yourself if you can take any risk or not. |
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I would probably open pet sitting business. The demand is rather high and Bitcoin related business doesn't necessary be related to something online. In fact, I think that more physical businesses who accept Bitcoin should be open.
Maybe also some funds raising society for abandoned and animals where donations could be made in Bitcoins.
That can be great for those places where you know is bitcoin is already in use among the people, because if there aren't already any bitcoin users then it would take some time for such a business to build a good reputation. If i had funds then i would probably have created a new and unique gambling website accepting bitcoins like many others, i guess that is really effective business as everyone likes gambling. This is a bad idea. Why would you go for gambling business when there are real and tangibe businesses out there that both you and your customers would all be happy with instead of a gambling business that the losers will cursing you for been dishonest when they loose their money. If you talk about profit, then a casino is a great way for that if you have funds and possibility for that, but if you talk about the happiness of customers then you will have to ignore gambling as it is probably not a business where all your customers would be happy, as it is like a game where someone has to lose, and the one who looses would surely not be happy. |
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Before you go trading, You need to make sure that you have balance (Bitcoin or at least pocket money to buy bitcoins for your starting capital). Next is you need to choose what is the best platform for you is it Bitcoin trading or Altcoin Trading?. Before you choose i would like to give some hints or tips, In my opinion and also based on my experience, Trading Altcoin is one of the best trading platform to join because there's a lot of cryptocurrencies to choose from and most of them are volatile but you need to remember that not all the altcoins there are trusted or legit because most of them are just made for scamming or make money for a few days, So it is best to do research first and analyze the coin before risking any bitcoin or any penny because every penny counts  . Hope it helps  It is true that trading alt coins against bitcoin is much more profitable than trading bitcoins against fiat because alt coin prices grows in less time than bitcoin and as you said if someone trades alt coins after some good research on them he can probably earn some good profits with the time according to their initial capital. |
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Well i use Bitcoin of course and mainly i use Payza as well because it support Bitcoin to fund and to withdraw funds. Payza have some high fees but its still trusted payment processor and supporting Bitcoin is really needed by many customers.
I never dared to use those other payment processor just because of their fees because if we want to exchange our bitcoins into dollar and cash them out to another payment processor except bitcoin then it charges dollars to us while withdrawing bitcoins does not cost that much. |
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of course you make 1 btc in 30 days...work for home ..search on facebook or teach languages Do you know any site where someone can teach a language and earn some money for it? I would love to try this service is available. And OP, you should try your services by posting your thread in services section, besides that there isnt any working method of earning 1 bitcoin in one or two months without investments. |
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I've tried investing in trading and the not so reliable gambling sites. In trading, I made little profit since I only have small amounts of BTC. Below 0.1 btc if it's your concern. I'm not smart in gambling yet, so I have a negative profit, so I wasn't really reliable to it. But I'm starting to improve everything I know about BTC
Keep the progress with trading and add the capital you are using in gambling into trading too, that would give a small boost to your trading profits as profit in trading depends on your capital, and gambling is not really a investment place but it is just for fun, don't gamble for profits or you will regret it later. |
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Hello, everyone. I am new here. I want to make money from Bitcoin Trading. So First, I want to learn Bitcoin Trading. Please advise me or recommend me some resource where I can learn Bitcoin Trading. Advanced Many Many Thanks to You All....  You should basically know one basic thing about trading that buying low and selling high is the strategy whether you are trading bitcoins or anything, here is a place where you can learn more about it: https://www.cryptocoinsnews.com/bitcoin-trading/ |
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You should not only focus on one coin. Because sometimes the movement of its value is only rising, if it falls there's a chance that it will not hit the less value compare the previous price. So you need to consider other coins to observe while you are waiting for a certain coin to make profit.
That's right, someone should not just keep his focus on one coin as maybe the coin stays stable for sometime then his trading would stop, someone should try 2 or 3 coins together dividing the capital on them in order to keep his trades alive. |
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At present, I am doing a research on the most profitable trading method and I am wondering: Is it better to do btc/fiat trading or btc/altcoin trading?
Which method yields the highest profit?
btc/altcoin trading probably yields the highest profits as if you trade bitcoins against fiat you wont be able to earn that much profit because though bitcoins price keeps fluctuating with the time but alt coins are still faster then that, so if you invest in alt coins you might get the profit earlier than that. |
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You can simply do some signature campaigns to grow your bitcoins, its easy and profitable and you have not to do a lot to do it.
Though signature campaigns are not that much easy for earning bitcoin but it is right that they are profitable and free as you are not paying anything there, but i guess here we are talking about growing bitcoins, by growing it simply means you already have something but you want to grow that in quantity so for that someone can do trading or something but signature campaign does not work in growing that amount, but it just adds more to it. |
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I'm not good in terms of managing money. When my salary comes to me i can't stop myself do some shopping and go home just a little cents left from my salary. That is why when it's payday i go home right away and give all my salary to my parents. I just left some amounts that i will use daily.
You need to pen down your expenditures in order to stay more managing regarding your salary, because if you don't keep any record for what you are buying or where you are spending your money then it will just be like wasting, keep records for your expenditures and take out the things which are not needed in coming month to manage some savings as well. |
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Invest it but, wisely.
Saving money just devalues your assets over time due to inflation.
To stay ahead of the value of your assets you need to continue to grow the value.
Plain and simple.
Exactly, for example if i have one bitcoin and i just keep it in my wallet without using it anywhere for investments or etc, and after some time the price of bitcoin drops some percent, so in that case the money i had before would be less now, in order to prevent this thing we need investments which would keep increasing our assets with the time. |
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because everybudy not want to spend bitcoin and every buddy want to hold it.. thats why market on same price
That is not the truth man, not every person in the community holds their coins forever, if one person starts holding today then 2 persons spend or sell some of their coins tomorrow because they need to do it, no one can keep the coins forever, we hold them in order to sell them later on, so the circulation is always going on. |
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If we think about bitcoin history, we will get insane, the early adopters, the pizza history, nowadays we are able to see what some people had done with their bitcoins, and what made bitcoin moove forward, i doubt anyone here will try to buy anything with a crypto coin that can grow.
I also think about those people sometimes that how would they feel right now when they see the price of bitcoin when they used multiple bitcoins for buying a pizza or they just left them idle in their wallets and never used them until now, they would have been rich by now if they have kept them safe. |
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