Risk are everywhere and there is no way to invest without risk at all, at this stage bitcoin looks strong and maybe wont ever return to anything below the 3000 dollars, altcoins has potencial to be pumped and make anybody to make loads of money just holding the coin, but can happen the drop and never be pumped, always analyse the coin before invest, bitcoin is the most safe and with more potencial around crypto.
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At home my wife is more curious about bitcoin, and now she ask me to explain better about what is satoshis and altcoins, sometime ago she didnt care at all about those as long she could spend the money. Now i do have a parent always asking me about bitcoin, where and how to buy as well to store, since bitcoin jumped into 3000 dollars people are asking more and learning before talk about bitcoin, something in the past all were saying were scam and ponzi.
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Its funny to see bitcoin as new currencie, but its true, sometime ago a friend mine we were talking and he said i do miss when 0,05 btc were 20 dollars, in the future some people will calculate their salary based into bitcoin, if companies were paying with bitcoin and bought at 1k dollars nowadays they are able to save a part of those.. i mean btc 3k soo a boss can pay 3 months into 1, bitcoin will change the world to better.
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Since Japan had legalized bitcoin it just proff that we are on the right way to be mainstream on the next follow years, i dont believe bitcoin will be able to die anymore, even when the mine ends i do believe a new system will remain to cover the hash, people say fees will be covering the hash, and its the easy way, since into 25 years bitcoin can be worthing over 50000 dollars or more.
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As most families does when a child born is to buy gold, and give a gift to the child being silver, bronze, gold, i havent bought any gold since then, atleast not for me. I dont see any advantage into save my money over gold since its regulated and controlled by countries and banks, bitcoin has bringed freedom to all investors, which does invest their savings over bitcoin and crypto and dream into get rich, or atleast be safe against banks control and power.
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Thats true bitcoin were created with the main purpose of allow to saving a lot money over all transactions of any size. The concept started like a test, allowing anybody to trade anything without any third entity between people, that will raise the transaction costs. Bitcoin were created to allow us to have plenty control over our money, something banks does control and manage over fiat, some people believe bitcoin will replace their currencie, but it isnt the purpose even if it happens.
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It's okay to depend on Bitcoin if you have no work but you won't get the desired life . You will be earning very less comparatively and that's not enough to lead a family. You would barely get the basic necessities for yourself. So it's better to stick to a regular job than Bitcoin.
Are you serious, there are some people able to survive with bitcoin earnings, other do a daily job like post, faucet, captcha service, in the end some of them able to get more doing those then real work, sure we arent talking about developed countries, i do get something like 70% my salarie from crypto, if i were to exchange my earnings i do believe i would get even more then my salarie, since price keeps growing, but since i do use all capital i do have to trade, i do see bitcoin/crypto as extra source of income.
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In part trading needs lucky, but if you analyse the coin before invest, see what it will offer/bring it will help for sure. Bitcoin no one expected to see it soo valuable, neither that would be more coins after bitcoin, but well now its normal more coins and with some improvements, the thing is you need to risk and wait, Rome wasnt built in one day.
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This will be funny to say, but it were signature, i were able to participate at signatures and collect all weeks extra bitcoins, with them i had invested into one single altcoin, that made my investment to reach around 10x more what i had invested, but i do remain in the coin, and i do believe it has much more potencial to grow over time, soo without signature saving i would had missed those opportunity.
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Both options would be good but to mine at this stage you would need a big investment, and all weeks/months you would need to get more power, since difficulty keeps growing. Buying directly bitcoins, and be able to exchange them into fiat might be the best investment/return, since you can liquidate your coins and keep purchasing more and more coins, with this you able to raise your capital.
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Bitcoin has double its value this year already, besides those the advantage of bitcoin is the low fees, you wont get your funds frozen just because they wanna more documents or know where the money cames, paypal is being used from some exchange members, but the risk to get frozen is always there, i do hope paypal open the borders to bitcoin, providing and option to exchange fiat to bitcoin, the same way they provide to others currencies already.
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Singnatures are present here already for a while, but we can see the number of active has decreased a lot, soo dont expect to be part of it forever. Trading is a risk way to try to look for the steady income, but there are always opportunities to make easy money over it, soo my advice is give a try at trading dont be too greedy and you will be fine.
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This year i may say it were better for the holders then the traders since they had double their capital doing nothing, but some traders saw their investment double almost instant, as some had lost those opportunity. I believe some traders gone with the current value, since they lost their btc power even not had loosing fiat money, but its crypto.
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Bitcoin has atracted a lot investors, and companies that wanna take the risk over bitcoin, due to its high volatilaty, a lot people are changing their life with bitcoin and crypto pumps and dumps, the most interesting thing is we arent printing new money, or are just put our money into circulation instead be at banks waiting some fees.
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Since they closed the trollbox, the support becamed much worse, in fact i would compare their support being worse then yobit, they are one of top exchanges and a lot people still trade there, dont know if its ddos, or some insolvence plan, but be aware, someting changed at poloniex, and no inst something good at all. A friend mine told me there are other services with same issue, might be some server issue.
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Knowing crypto are getting more and more atention as well investment i would for sure save my coins unless i need to pay some bills, i do know a lot people that are mining and dumping to pay the bills and get their profit, to achieve roi, i do believe crypto will be worthing much more since bitcoin does push all up.
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Btctalk name- krisnt80 Rank- Full Member Current post count-227 (including this one) BTC address- 1J19YRxpjVsUrkZW2v2tLgXSbenC2WMJy5 ETH address(not from an exchange)-0x1eDf22a74eeD2Fc1823Eb41d6F2318a617c78323 Wear appropriate signature- yes.
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Sorry just realized there is no full member signature spot.
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Thanks for the opportunity to work with you yahoo for DCORP signature, sorry i had some personal issues that made me stay away from the computer, hope to work together soon.
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I keep surprised why the others countries hasnt yet legalized bitcoin, the fees they can collect will help the countrie, while they are getting nothing at this stage from the most bitcoin traders and holders. Japan companies are moove forward and giving bitcoin use, soo i do expect another wave that will push the price to 3000 dollars till end the year.
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