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Author Topic: Is Bitcoin trusted to put your real money  (Read 47781 times)
gtglener
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April 13, 2016, 10:34:09 AM
 #761

Yes, it is. No older than one week ago, I used all my fiat reserves to buy as many bitcoins as my little saving allowed me to. I know that it is one of the better idea I had recently.
Agree if you already know the risks and know the cycles of up and down of bitcoin. bitcoin meal will feel very where you. if you bought last week at the price of $ 413 and sell at the price of $ 420. it was quite profitable for you. but gains may not be too big. if you only buy 1-2 bitcoin
bitcoin very safe and profitable


You are right but I think if you buy more bitcoins it also has risks but I think the same risks are coming up to be honest.
The only thing is that you are pumping more money into it and that you can lose a lot more if you do this.

but I don't think that it is a risk, if you are well aware with the pricing strategy of bitcoin and and are well known to exchange and trading, then you can get profit no matter what the situation, you can earn even if the price is dropping like from the fluctuation.
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April 13, 2016, 10:41:07 AM
 #762

If you are new to bitcoin world, you can make some bitcoin earning job and make your earnings there to rotate in the bitcoin exchange trading so your fiat are not involved.

I don't risk any fiat here at first. I earned them and rotate it whenever when there's a big price increase. Then just do the cycle, buy every fu**ing dip and sell when I sees profit.

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April 13, 2016, 12:08:42 PM
 #763

Yes it is trusted to put your real money in it, and that is because you can earn some good money with it and that is nice you can sell it later in the future with some huge profit if the value is increasing.
But the hard thing is that nobody will know when the value will rise and it can also takes a long time until it will rise.
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April 13, 2016, 12:13:44 PM
 #764

Yes it is trusted to put your real money in it, and that is because you can earn some good money with it and that is nice you can sell it later in the future with some huge profit if the value is increasing.
But the hard thing is that nobody will know when the value will rise and it can also takes a long time until it will rise.

Yeah we can! Bitcoin has exponentially increased in value, and continues to increase in value, especially compared to fiat, minus a few corrected bubbles and manipulations, but Bitcoin is becoming much more stable as more people discover and use it. It is true that fiat currency is more stable, but the value and buying power only travels in one direction. It loses value over time... never gains value or buying power, which Bitcoin does.
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April 13, 2016, 02:30:18 PM
 #765

Its not that bad to put your real money in it because you can later make some good profit with Bitcoin and that is quite not that bad if you are doing good, it takes a long time only.
There are also a lot of people that dont trust it because they think that you can be hacked but that is not true and Bitcoin is safe so that is nice.
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April 14, 2016, 03:22:12 AM
 #766

Its not that bad to put your real money in it because you can later make some good profit with Bitcoin and that is quite not that bad if you are doing good, it takes a long time only.
There are also a lot of people that dont trust it because they think that you can be hacked but that is not true and Bitcoin is safe so that is nice.
Yeah so is it worth the risk to put your real money here at bitcoin from which you know that you can instantly lose all your money whenever a hacker is around.


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April 14, 2016, 08:47:34 AM
 #767

Its not that bad to put your real money in it because you can later make some good profit with Bitcoin and that is quite not that bad if you are doing good, it takes a long time only.
There are also a lot of people that dont trust it because they think that you can be hacked but that is not true and Bitcoin is safe so that is nice.
Yeah so is it worth the risk to put your real money here at bitcoin from which you know that you can instantly lose all your money whenever a hacker is around.


Yeah very trusted to put your money for bitcoin not wiser is the way you spend it and how or what program you are joining. You need to do some good research and feedback check if you are interested to join on programs so you will not get scam and avoid phising sites hacker attacking to stole money
But all i can say it is safe to put your money in bitcoin because you can earn money here.
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April 14, 2016, 07:38:40 PM
 #768

Its not that bad to put your real money in it because you can later make some good profit with Bitcoin and that is quite not that bad if you are doing good, it takes a long time only.
There are also a lot of people that dont trust it because they think that you can be hacked but that is not true and Bitcoin is safe so that is nice.

I actually agree with your first point, that it is not bad to put your real money in bitcoin because you may get a good profit later from it.
But, i don't really agree with your 2nd point.
Bitcoin is not really safe as you are thinking, maybe it is safer then other currencies but there are people who also can hack a bitcoin wallet and steal all your coins and run away.
It is only you who can secure yourself and make yourself safe from thieves and hackers, just pick the best wallet from all given options and make it fully secured before adding all your coins in it, and also it is better to keep your coins in different wallets so that you don't lose all of them in case your wallet is hacked or stolen.
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April 14, 2016, 10:10:05 PM
 #769

Its not that bad to put your real money in it because you can later make some good profit with Bitcoin and that is quite not that bad if you are doing good, it takes a long time only.
There are also a lot of people that dont trust it because they think that you can be hacked but that is not true and Bitcoin is safe so that is nice.

Yeah i believe this is right. People tend to forget you should not leave your wallet out in the open, else your money will be stolen. The same applies for bitcoins.
Protect your coins and they are safer then your money in your wallet.
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April 14, 2016, 10:54:57 PM
 #770

Yes, it is. No older than one week ago, I used all my fiat reserves to buy as many bitcoins as my little saving allowed me to. I know that it is one of the better idea I had recently.
Agree if you already know the risks and know the cycles of up and down of bitcoin. bitcoin meal will feel very where you. if you bought last week at the price of $ 413 and sell at the price of $ 420. it was quite profitable for you. but gains may not be too big. if you only buy 1-2 bitcoin
bitcoin very safe and profitable

Of course bitcoin is safest investment but do not put all your money in bitcoin.Remember fiat is not going to become obsolete any soon and bitcoin has a long way to become mainstream so you should have both
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April 14, 2016, 11:31:55 PM
 #771

Yes, it is. No older than one week ago, I used all my fiat reserves to buy as many bitcoins as my little saving allowed me to. I know that it is one of the better idea I had recently.
Agree if you already know the risks and know the cycles of up and down of bitcoin. bitcoin meal will feel very where you. if you bought last week at the price of $ 413 and sell at the price of $ 420. it was quite profitable for you. but gains may not be too big. if you only buy 1-2 bitcoin
bitcoin very safe and profitable

Of course bitcoin is safest investment but do not put all your money in bitcoin.Remember fiat is not going to become obsolete any soon and bitcoin has a long way to become mainstream so you should have both

It's never recommended to put all your money into any kind of investment. I always advice people to never invest more than 40% of their total wealth in something. That way you always have money to fall back on when your investment turns out to be a very bad decision.
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April 14, 2016, 11:47:48 PM
 #772

today and tomorow i'm sure bitcoin is best thing to put your real  money,yesterday bitcoin price lower than now,and i'm sure people have earn profit from this,its simpe way to put our money for profit.
yeah bitcoin has huge potential for the current price is still relatively low. but halving will come soon and a lot of people enthusiastic about it. I'm sure halving could make many profitable


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April 17, 2016, 03:10:25 PM
 #773

well i dont know about it to be honest, im putting my money to it from time to time though im sometimes worried that the price might drop significantly thus not giving me any money at all

in my opinion its better not to put in all your money you have into it because no one can predict if the price will grow or not so i doubt that we should invest everything

That is actually recommended not to put all your money on one investment like bitcoin. Diversify your investment portfolio. And you are right may drop from time to time, but instead of worrying, take that as opportunity. If it drops, buy more and when it bounce back, you'll have more profit.

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April 18, 2016, 11:20:10 AM
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Many people invest their own money into Bitcoin. You can trust Bitcoin completely but dont invest tons of money into it. If you invest abit of money you should be safe.
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April 18, 2016, 11:35:46 AM
 #775

well i dont know about it to be honest, im putting my money to it from time to time though im sometimes worried that the price might drop significantly thus not giving me any money at all

in my opinion its better not to put in all your money you have into it because no one can predict if the price will grow or not so i doubt that we should invest everything

That is actually recommended not to put all your money on one investment like bitcoin. Diversify your investment portfolio. And you are right may drop from time to time, but instead of worrying, take that as opportunity. If it drops, buy more and when it bounce back, you'll have more profit.

Yes investment, business or any related term aren't always in the good track. There are times we will experience loss. That's why we have minimizing the loss platform. Also with this kind of situation, we are able to improved our handling strategy making us more stable in the future problems. Play with the risk, not regrets with the risk.

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April 18, 2016, 12:00:39 PM
 #776

I think it is not good to put all the money in bitcoin. better use of BTC as an investment only

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April 18, 2016, 01:25:35 PM
 #777

It is trusted to put your real money in it because you can make later in the future when the price is rising you can make than a lot of money if you are selling it with profit.
The bad thing only is that you never know when the price rise will start so that can takes a long time until the value will be high.
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April 18, 2016, 01:57:30 PM
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I think it is not good to put all the money in bitcoin. better use of BTC as an investment only

It is good to put your real money into bitcoin if you use those at regular interval of time. The reason is that anything can happen with the price of bitcoin as well on its survival.

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harizen
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April 18, 2016, 02:08:07 PM
 #779

I think it is not good to put all the money in bitcoin. better use of BTC as an investment only

Well that is obvious in all kinds of investments. That action is more risky than investing.

It's like putting all your eggs in a single basket and when that basket falls all eggs will be broke.

BitcoinHodler
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April 18, 2016, 03:55:17 PM
 #780

I think it is not good to put all the money in bitcoin. better use of BTC as an investment only

It is good to put your real money into bitcoin if you use those at regular interval of time. The reason is that anything can happen with the price of bitcoin as well on its survival.

well, not anything.
although there is some possibilities of price dropping but is not like it can go to 0 overnight, even if the price goes down there will be a slow process and a big window of opportunity to get out and then buy back in when it stopped.

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