A good way to minimize the risks is not invest real money (or invest a little amount).
With some efforts you can earn bitcoin from faucets, forum signature campaigns, glambling (not recomended), trades, etc...
After achieve a good bitcoins amount you could invest It. If you lose all, you don't lose your money.
faucets pay literally nothing. You will make 5 cents per hour if your lucky lol He also mentioned that some efforts can earn money from gambling and trades as well but without using our money and only with efforts how can one earn money from these methods? Instead of going with faucets, you can try signature campaign then you will earn some decent amount per week and then you can use that money for trading to earn more. But never use gambling for earning money. If you want some entertainment then only go to gambling. Gambling are not about for earning some of the decent amount but it's more like the doubling way, or for some people are calling that the way of fun. at the first gambling, it's not be providing for earning a decent amount but for the people are wanna for spending their money to playing with them. Gambling are all about risk, it is a high risk investment if you are gambling for money and the success rate is very small so why would anyone choose gambling when there are other ways to earn money, let alone investing and trading are already a good way to increase our profit. Yeah you are right! Well at first try gambling but dont be addicted to but you wont be addicted if you keep on loosing thats why you should go for trading! Dont stay in gambling if you dont have luck! Try your knowledge and skills in trading!  I promise you can earn a lot from trading if you learn and know how to trade yeah you are right that these way is very good for investment like gambling trading but i prefer that trading is much more good than gambling because trading have too much lower risk and you can make a huge profit in short time through trading. |
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I think signature campaign is may be the best way for people who are starting their new journey in bitcoin because it can helps them a lot to earn bitcoin in a fast way . I also suggest to sell service to other members like offering your programming skills or web designing and get paid on btc.
Most signature campaign are not available to newbies so I don’t think is as easy as you make it out to be, if you really want to earn bitcoin offering a product or service is the way to go. you are right that signature campaign are not available for newbie and there is a lot of way to grow up your bitcoin and i prefer the one easiest way is trading , trading is very good and anyone can make a fast profit from trading. |
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yes it totally depend on the amount you have, if you have really a good amount of money the you can buy a good number of bitcoin, and a big amount of bitocin can also give you a good profit, if you simple hold it and the price goes up.
i agree with you that its depend on your wealth that how much bitcoin can you buy and if you buy bitcoin in huge amount then you can get big profit in the future when you hold that your bitcoin for the future . |
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For the 3% gambling guys here putting all their money into bitcoin might seem to be good idea but i prefer to invest in less risky manner. Bitcoin market isn't the most stable, all know that. And finally we have pay our bills with other currencies still  I'll invest larger amount in bitcoin if i have larger income. Thats the strategy for now Even if you have higher income its always good to put only certain percentage of your income in bitcoins as you never know what will happen to bitcoin in future and if price falls then it will give you big loss. yeah good opinion that put your some income in percentage to bitcoin but i hope it will be too much profitable in the future because bitcoin is very stronger currency and it will be never go down and a huge number of people are buying bitcoin in huge amount for the future . |
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Yes. Now the price is moving from $630 to $640. Seeing a growth in btc once in two days. As predicted, i am sure this would go more than $700 at the end of October or in November. All who saved till now would see a good profit now. I am saving the money earned to see bit more profit. I am planning to buy some more btc as well.
i agree with you that price of bitcoin is really going to increase too much faster day to day so its right time to buy bitcoin and then hold it for few months and if we hold our bitcoin in present time then i hope we will be get a good profit from bitcoin in the future . |
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very honestly i have no idea about Paypal actually i have never use it and have no account in it, i have heard from my friends that paypal service is regional and not universal, ans it is also banned in some countries therefore to me bitcoin is too good from paypal as because bitcoin is a universal currency and you can find its service in all over the world, and i think the number of bitcoin users will also be more than the users of paypal
I tell you that its more good to use bitcoin. paypal is hard to use than bitcoin for me bitcoin is easy to use and dont need to verify with your creditcard.. unlike paypal. so bitcoin is more good for me to use.. i agree with you that bitcoin is much more good than paypal and i never use paypal because paypal is not available in everywhere so i use bitcoin because bitcoin is available in everywhere and bitcoin transaction is very fast and secure than paypal. |
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Its always good to buy bitcoins in installments and in small amounts as if you do so then you always have an opportunity to buy in future if price drops again so it will help in accumulating more coins.
Its good to buy large amounts, the only thing is that you need a lot of money to do this and the fact is also that with some services its not possible. If you want to do this you can as best go find a near dealer on localbitcoins than can help you out. I think buying in large amounts would not be possible for everyone as it will also require good capital to buy them so follow your budget and buy that amount that you can afford. Yes you need a lot of money but if you are having this its possible, you at first sight can afford it and you need to find a dealer that has a significant amount of bitcoins so you can buy it from him for a nice price. I think local bitcoin is one of the good place to buy bitcoins.. or much better go to your local bitcoin exchange just like here in my country we have a online wallet local version here in my place that we can buy bitcoins or exchange it into fiat.. i agree with you that local bitcoin is very good place to buy bitcoin and i buy bitcoin from local bitcoin in huge amount so i also prefer that local bitcoin is much more better than other exchange and i feel it very safe and secure than other exchange. |
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a lots of things are already been provided i guess much better to keep seeking for the things that you are familiar with or the things that get your interest because while holding your bitcoin its already moving make it to grow more would be your decision in which way you choose, trading ,lending ,gambling those are the most common look if what interest you most mate.
There is no need to complicate everything because by simply holding your bitcoins you can already grow the value of your bitcoins but not the number of your bitcoins, the other options need time for you to do it successfully like trading which requires you to be active so you will also be updated. Holding will give you profits only if price goes higher in future but it will never increase the number count of your coins and if you want to grow them then you should take help from trading. its really good idea to hold your bitcoin for higher price and bitcoin is really increasing its price too much so its profitable , and you are right prefer to trade because trade can grow up your bitcoin and i also growing my bitcoin through trading and other online tasks. |
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there are so many peopel who are sing the bitcoin right now and that is nice because allot of people needs to use the bitcoin to see the price rising
becuase the most are holding they also needs to spend you will see the price rise again.
Not many are using at a moment as the popularity of bitcoin is limited at a moment but in future we can expect that more people will start using it when people will get aware about it. That is very true. But my friends and I are using it. We use it to pay each other back if we go out, or to give each other loans. I also use it for online payments for games and things like that. Yeah there is a lot of people are using bitcoin and you are right that bitcoin is normally use for online shopping and other product and there is a lot of game are available which can be buy with bitcoin easily . |
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i believe,will be always believing in bitcoin since its idea is great and revolutionary and attracted every one so fast and getting fame day by day still after many years passed.
Yeah i also strongly believe in bitcoin because bitcoin increasing its price too much faster and bitcoin adoption are going to increasing in huge amount and bitcoin is acceptable in everywhere for shopping and i hope bitcoin will be more stronger in the near future and the price will be rise up more. |
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I do not think that this can even happen, the bitcoin is so big and the altcoins are still pretty small compared with the bitcoin.
Maybe in the far future that this can happen but I do not really believe in that it can happen if I have to be honest.
I also think it's impossible to replace bitcoin by another crypto currency. Because Bitcoin is in a strong position which can't be break soon.And Bitcoin is giving customer much facilities than other coin, so I don't think its going to happen. i agree with, you are right that its impossible to replace bitcoin by another crypto currency bitcoin is really very stronger and powerful currency and bitcoin is very useful and popular currency so don't no one can be replace it . |
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its an internet currency not a real or a proper currency like countries have so there is no tax implementation .
i think internet currency mean online currency but we are able to use bitcoin for direct or online shopping easily because bitcoin are going to advance and modern and i also using bitcoin in everywhere for shopping and bitcoin is available in all countries. |
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I think when i have first bought bitcoin price was like $250 which is preety good price to hold big amount of bitcoin however i don't had many fiat those time so just bought lower than 0.50 bitcoin however still in good profit.  I agree with you bitcoin price was very low in the past and there is a lot people wish to bought bitcoin in huge amount in the past and then hold it , and now bitcoin price is very high to 633$ . |
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i think bitcoin wallet is important in bank and then we can easily use bitcoin and then a lot of people will be get awareness about bitcoin and i look that many people do not know about bitcoin and if bitcoin wallet allow in bank then i hope more people will be use bitcoin and know about bitcoin .
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I don't' think that we should focus on those people who are using it for illegal activities and even fiat is used for the same reason as no one can stop it as everyone is busy in earning their own money.
And it's not a really a questioned if bitcoin is used for illegal activities since bitcoin has worth. The concern here is how those medias will give some shitty headline about that. That's why I trust people who will not easily believe in those media shits about bitcoin being used in illegal activities. Every fiat currency or crypto currency was already and are still used to illegal activities, and yes, the media is a joke, they try to said "bitcoin is encouraging people to do ilegal activities" and this kind of media always will give bad reputation to bitcoin. Good point that fiat or crypto currency both can be used for illegal activity or legal activity and its depend on negative or positive people if someone negative they will use it for illegal activity and if someone positive mind they will be use it for legal activity. |
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Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
Yeah stealing Bitcoin is illegal because you are taking something that does not belong to you so it still is stealing even tho it is online. You should have more wallets if you want to prevent Bitcoin being stolen from you. yeah you are right that stealing bitcoin is illegal and sometime i think that bitcoin is also like as normal currency and anyone can steal bitcoin from other person and its very secure and anyone can not steal it from other because bitcoin have very strong security. |
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i think its very good idea that bitcoin bank and then i hope that bitcoin will be get more popularity and get more power and there some people can not use bitcoin in their country if bitcoin bank appear then i hope no one need to convert their into fiat.
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if no one spends their bitcoin then i think that bitcoin will be going to dead and bitcoin price depend on adoption and then use it as currency and there is a lot of people are using bitcoin in big amount as currency for online shopping and for other product .
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to me the present time is still good time to buy bitcoin, as it is expecting that the price of bitcoin can really increase so much therefore it is still good time to buy bitcoin if some one is really interested to invest in bitcoin because to me no one will be able to trade bitcoin in present price.
i agree with you that present time is very good to buy bitcoin and i am sure that bitcoin will be increase its price in the near future and if we buy bitcoin in huge amount and then hold it for the future and then we will be get a big profit in the future. you are the recent price of bitcoin nice if anyone want to buy because will be soon move its price to higher value so right time to buy bitcoin in huge amount and then hold it for the future and get a good profit from bitcoin in the future. |
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well, i do not spend bitcoin often both on the internet and in physical world. In my country, people rarely use bitcoin to buy something as well as receive bitcoin as payment due to the government restriction. And on the internet, up to now, there is not any useful thing for me to buy. However, i believe that someday i will buy many digital things by bitcoin
Yes at this stage we cannot spend it as the usage and acceptance of bitcoin is very limited either in real or online world so the best thing to do is to save them for future and sell when price goes higher. good idea to save your bitcoin for the future because i do not use my bitcoin i am sure that price will be going to high and i will be get a big profit from bitcoin when price go to high and we can be get a big profit. |
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