There's different ways to earn money with bitcoin a few difficult and a few easy the difficult ones give most money though.
Trading for example is very difficult but can earn a lot and signature campaigns is easy with low payout.
No doubt, something that is hard to be done is always more useful for someone, and something that is done easily is not that much good or useful, so if a method is easier then it would obviously give less earnings while harder methods pays you more. |
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Safest way to grow bitcoins is either hold them or trade with altcoins
Though trading alt coins is not a really safe way of growing bitcoins but it is obviously one of the best ways of growing bitcoins because it can earn you some good profits everyday if you a good enough capital and enough knowledge about trading. |
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It's still unpredictable imo, because we don't know what happen into bitcoin on that year. But if the price of bitcoin keep increase and there are many events about bitcoins, i'm sure many people will use bitcoin on that year.
Well that is really unpredictable as you said, because it took many years for bitcoin to reach this point where it is quite popular in the world but it still has a long way to go and i don't feel it can achieve that target in just 5 years, or it might does. |
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I need a mentor on Bitcoin earnings. Some one who can teach me how to earn from bitcoins
Will you pay the person who will be your mentor? Because no one would spend their time on something which wont earn them something because time is money. Anyway, i guess you should just keep reading the posts and threads in this forum and you will learn everything with the time so you don't need anyone to get you through the process. |
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Price is at descent level at a moment and its affordable to buy at current price as we may see higher price in the end of the year so selling them at that point can be profitable for us.
The ones who are willing to buy bitcoins have a chance to buy right now in my opinion because the price has already started to grow and at the end of this year or at the start of next year there will be some profits for those investors investing right now. |
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Browsing through these threads, it's very simple. If the price goes up to high levels, it's the year of Bitcoin. If not, then next year will be it. And if by then not, the next year will, etc.  But 2017 will really be the year of Bitcoin All saying that 2017 will be the year of bitcoin we almost at 2017 we have only 2months left before we welcome year 2017 and nothing has changed. It always stocked up on the range of the price and it will noting happens maybe in the next two years bitcoin will be more surprising and maybe lots of feuture. In every year if the price of bitcoin grows some percent higher then that year should be considered a good year for bitcoin, what else do we need? We want it to get more popular and more valuable which it is being with the time. |
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I do not think that it is the best idea to sell everything at once because there us always a chance that the Bitcoin might rise beyond the price that you have just sold for.
You can then make more money but if you sell everything you miss out on it.
Exactly, saving some of the sum you have is always a better idea because you never know the price might grow higher after sometime of selling the coins so if you sell just a part of it and store some then you can get more profits later on with it. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? My plan actually is to accumulate more and more bitcoins and start trading alt coins with that capital but recently i have converted some of them to fiat because i needed some money so i have started again and hopefully i will accumulate a good sum this time. |
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Off course does the price of the bitcoin matters do you think you can buy something with the bitcoin and the price is not ok than you are not
able to buy that object becuase you have to less money.
Besides that, if the price was low then it would not have been the king of digital currencies as it is right now with its price and popularity, it has gain a huge users database because of its fluctuating price which attracted people to come and invest in it, if the price was stable then there would not have been so many users here today. |
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My only plan to get rich with Bitcoin is by trading in Bitcoin/Altcoins.I hope bitcoin prices would go much higher in the future.Some may prefer gambling to get rich quickly.But it is a total loss.So, the best option is trading.
Same here, i really love trading alt coins if i have a big enough capital that can earn me some good amounts everyday or every week, so my first target is to get a reasonable capital and then start trading alt coins with that in order to have some wealth in bitcoin industry. |
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I think the best is not be a long term investor, because it is not necessarily within 1-3 years bitcoin prices will rise, prove the current prices in 2012 to 2016, it has been four years and where the higher price? so it is not necessarily the price will be higher when you hold it in a long time. use the best possible chance to sell you bitcoin dude
Exactly, it is not always important that the price should be higher than what it is now after a long term, because maybe after one month the price grows higher $100 and in the other month it drops $100 again, so that means the price would be the same after two months again, so the best thing would be to sell them when the price is good enough but not to wait longer for a higher price. |
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hi
what are you doing while your are waiting for a confirmation of a transaction.
i am reading here and posting some stuff.
I just do the other stuff while it gets confirmed and later on i check if it is done or not yet, but mostly when i send bitcoins somewhere i keep looking on that site to see if they are confirmed or not yet and i also do some reading and posting here in that time like you. |
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I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
Actually everyone likes to trade with their bitcoins and the ones who trade their coins actually do it so that they can earn more bitcoins to be spent in coming time, so the basic purpose of everyone in bitcoin is to get more and more money to spend on their lives but only a few of them are able to spend them and others just convert them to fiat. |
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Yes I spend bitcoins in real life but that is restricted to only online payments, as in my town no shop owner accepts bitcoins.
It is not yet so popular that it would get accepted everywhere so yes, we spend them but after converting them in fiat, i personally never have seen even the name of bitcoin written except on internet. |
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I don't think it will ever reach more than 2K a bitcoin.
The world isn't ready to move their money to bitcoins.
It may go higher than 2k because it has already crossed 1k once so going higher than the target it achieved before wont be a big deal but for it to reach 50k is really something unrealistic, someone should talk about 5k or above but suddenly thinking about a that big price is expecting a lot from it. |
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Holding bitcoin would be good for long terms but its ideal thing to do if you make investments with it so that you would enjoy profits on short terms. 10 btc is enough already to make such investments as you said trading would be good but you would need knowledge to be profitable on trading.
Holding can probably give someone profits in long term but that profit wont be as much as much someone can earn by investments and as the guy said 10 bitcoins is not a small amount, if we use that in trading we can earn some good profits in short term instead of waiting that much. |
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sounds pretty good to spend a bitcoin when k ni, because so many things I want to buy, but it may not be good to spend a bitcoin now, because the price bitcoin likely will soon be up, so it would be very bad for us if we do not have much bitcoin at the time, so maybe the best thing to do for the moment to collect bitcoin
Obviously everyone tries to collect more and more in order to earn more profits out of it when the price goes higher but not everyone can keep them always because sometimes we need money so we have to spend some of them. |
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Actually it's easy to save money. My method is always seperate your salary at least 10% from your salary and save it into the bank and don't buy something useless.
That is actually the way to do when you are planning to save something but not everyone has got that much patience to don't buy useless things, people mostly buy everything they dont need when they have the money in hands and later on they realize they have nothing left to save. |
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"Is gold better than Bitcoin? " For me Bitcoin is better than gold. Because if I invest in gold (jewelry) in my country and sale at a certain time (when price increases) then I have to sale at a 20% less from the actual value. So I think that is a loss. And 20% increase in value is very tough I think... Its slow. But bitcoin is different for me. Because I found it more profitable. I also sometimes wonder about the "existence" of bitcoin in future   Gold is better than bitcoin in security while bitcoin is better than gold in profits, because if you invest in gold your money will be more secure as that has been around from a longer time while if you invest with bitcoin you will get more profits as it grows faster than gold. |
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Most of us are pursuing the goal of achieving a financially independent life with Bitcoin.
So the question is, have you already reached your financial goals and/or become a USD millionaire through Bitcoin?
Obviously not yet. I'm still too new to bitcoin and still trying to collect enough bitcoins to start trading with it so that i can earn some good profits everyday with it so there is still a lot of time to reach my goals with bitcoin. |
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