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Author Topic: How can I benefit from btc?  (Read 6021 times)
harizen
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May 27, 2016, 04:19:55 PM
 #81

How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?

Price Volatility, Price Fluctuations, Price Movement...

A $1 today don't have the same value in the future. I

If we applied it to your 2btc, value of 2btc today isn't the same as value of it in the future.

Just don't make it like a salt that worth gold in the past but today.. you already know.

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May 28, 2016, 05:50:50 AM
 #82

Today most beginners might have understood how its possible to benefit from bitcoin. With the sudden increase every user have got little more profit. So owning or holding itself profitable now.

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May 28, 2016, 06:36:53 AM
 #83

the biggest benefit you can ever get from bitcoin is using bitcoin itself instead of using fiat. if you use it then you can fully understand what i mean. you can cut the fees that you pay to all other methods to a very small amount when you use bitcoin, the transaction is without any delay and it is instant the confirmation is a little long but that is no problem. and also on top of that the security you can get is top notch.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 28, 2016, 07:06:19 AM
 #84

I'll give you two suggestions.
First, you can hold it for a few months, because prices will rise higher than the current price.
second, you can learn about the trade, if you already understand. You can get great profit.

How do you know the price will rise in a few months? The price has been in the $400 to $470 for more than 6 months now.

because next month will occur halving and halving can make prices rise as many people have said about it in this forum, and I believe it.

Yeah if you are holding many bitcoins today, well that can benefit you from it. And by just holding it and wait for the halving.
You will just look upon to your btc wallet to earn profit when the price hikes.

halving still far, but the current price really makes me surprised. I am more confident when approaching halving we will see higher prices.
but to buy at the moment I think it is too high, I was worried it would be a decrease

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May 28, 2016, 11:10:07 AM
 #85

I'll give you two suggestions.
First, you can hold it for a few months, because prices will rise higher than the current price.
second, you can learn about the trade, if you already understand. You can get great profit.

How do you know the price will rise in a few months? The price has been in the $400 to $470 for more than 6 months now.

because next month will occur halving and halving can make prices rise as many people have said about it in this forum, and I believe it.

Yeah if you are holding many bitcoins today, well that can benefit you from it. And by just holding it and wait for the halving.
You will just look upon to your btc wallet to earn profit when the price hikes.

halving still far, but the current price really makes me surprised. I am more confident when approaching halving we will see higher prices.
but to buy at the moment I think it is too high, I was worried it would be a decrease

That's for sure and it gets more assurance since the price hike did already occur this day with a good price on it.
When the halving comes, for sure the price will make the bitcoin reach fly to the moon after the halving.
And I'm hoping also about the rise of price in the end of the year.

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May 30, 2016, 09:22:31 AM
 #86

I'll give you two suggestions.
First, you can hold it for a few months, because prices will rise higher than the current price.
second, you can learn about the trade, if you already understand. You can get great profit.

How do you know the price will rise in a few months? The price has been in the $400 to $470 for more than 6 months now.

because next month will occur halving and halving can make prices rise as many people have said about it in this forum, and I believe it.

Yeah if you are holding many bitcoins today, well that can benefit you from it. And by just holding it and wait for the halving.
You will just look upon to your btc wallet to earn profit when the price hikes.

halving still far, but the current price really makes me surprised. I am more confident when approaching halving we will see higher prices.
but to buy at the moment I think it is too high, I was worried it would be a decrease

That's for sure and it gets more assurance since the price hike did already occur this day with a good price on it.
When the halving comes, for sure the price will make the bitcoin reach fly to the moon after the halving.
And I'm hoping also about the rise of price in the end of the year.

As i am new to this, i do have a question. Keeping the BTC in wallet for a longer period, will be safe enough? As this is fully online forum, have any one come across any hacking and steeling BTC from wallets? Thank you
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May 30, 2016, 02:04:32 PM
 #87

If you bought 2 bitcoins, then you can hold it for a few years and potentially sell for a profit.  Or you could find a good exchange and trade bitcoins for fiat or other altcoins as the price fluctuates and potentially gain more bitcoins.  You could become and lender on this forum and make a little profit that way as well.  Those are just a few ways you can make some money.

 
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May 30, 2016, 06:51:53 PM
 #88

If you bought 2 bitcoins, then you can hold it for a few years and potentially sell for a profit.  Or you could find a good exchange and trade bitcoins for fiat or other altcoins as the price fluctuates and potentially gain more bitcoins.  You could become and lender on this forum and make a little profit that way as well.  Those are just a few ways you can make some money.

For new people like us, it is better to hold the bitcoins. Trading is too difficult, we might lose it all in trading.

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May 30, 2016, 08:41:22 PM
 #89

The fact that it's not created from debt like fiat currency, makes it very different from just standard electronic money.

So you can benefit from the fact that it's not apart of our current corrupted financial system.

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May 30, 2016, 09:06:13 PM
 #90

If you bought 2 bitcoins, then you can hold it for a few years and potentially sell for a profit.  Or you could find a good exchange and trade bitcoins for fiat or other altcoins as the price fluctuates and potentially gain more bitcoins.  You could become and lender on this forum and make a little profit that way as well.  Those are just a few ways you can make some money.

No need to hold for few years, you can really make good profits at the time of halving, so sell at that time and again wait for price drop in near future to buy it again.
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May 30, 2016, 11:56:02 PM
 #91

If you bought 2 bitcoins, then you can hold it for a few years and potentially sell for a profit.  Or you could find a good exchange and trade bitcoins for fiat or other altcoins as the price fluctuates and potentially gain more bitcoins.  You could become and lender on this forum and make a little profit that way as well.  Those are just a few ways you can make some money.

No need to hold for few years, you can really make good profits at the time of halving, so sell at that time and again wait for price drop in near future to buy it again.

Yeah majority of people are holding their coins so that they can earn good profits from halving and I think that is the smart decision to take.
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June 12, 2016, 07:12:54 AM
 #92

If you bought 2 bitcoins, then you can hold it for a few years and potentially sell for a profit.  Or you could find a good exchange and trade bitcoins for fiat or other altcoins as the price fluctuates and potentially gain more bitcoins.  You could become and lender on this forum and make a little profit that way as well.  Those are just a few ways you can make some money.

No need to hold for few years, you can really make good profits at the time of halving, so sell at that time and again wait for price drop in near future to buy it again.

Yeah majority of people are holding their coins so that they can earn good profits from halving and I think that is the smart decision to take.

I will hold my coins for the long term. The price will rise gradually in the medium to long term, maybe a lot.

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June 15, 2016, 07:03:18 PM
 #93

You can keep them and wait for a high price and sell them
Base strategy:buy low and sell high.
Also you can buy a miner and start to mine.
With all method you can lose your money depend on your skill and luck.
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June 15, 2016, 07:46:32 PM
 #94

the biggest benefit you can ever get from bitcoin is using bitcoin itself instead of using fiat. if you use it then you can fully understand what i mean. you can cut the fees that you pay to all other methods to a very small amount when you use bitcoin, the transaction is without any delay and it is instant the confirmation is a little long but that is no problem. and also on top of that the security you can get is top notch.

Thats technically true as long the btc value doesnt flux.

If the rates go up and down its hard to pinpoint on reducing on paying less fees. And assuming "methods"  youre referring to the traditional cc payment system.

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June 15, 2016, 08:53:44 PM
 #95

throgh investing money or joininig a signature campaign you can get benefit from bitcoin. i think that is the easiest way of earning money.
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June 15, 2016, 08:54:52 PM
 #96

Just use your head and get all the information you need before you do anything that you will regret.

Besides, I would suggest dealing with very low value at first, until you feel comfortable enough.
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June 17, 2016, 10:56:35 AM
 #97

Most of us uses mining sites or investment sites it . depends on what you want theres so many ways.

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June 17, 2016, 12:17:58 PM
 #98

throgh investing money or joininig a signature campaign you can get benefit from bitcoin. i think that is the easiest way of earning money.

Well the first thing that I'm thinking of benefiting in btc is that when you are going to use it's service which is you can easily to someone your funds fast and with low charging fee.
That's very convenient and you can save a lot of money if you are using it's service daily.

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June 17, 2016, 02:12:34 PM
 #99

BY earning .. The value of btc is not constant  just like what is happening right now , the value continues to rise up .. that is one of the benefits you could have.

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June 18, 2016, 02:27:07 PM
 #100

most of us uses investment site to make it grow but be   careful cause theres a lot of scamming sites out there,
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