equator
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October 14, 2016, 03:54:38 PM |
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Till now i have not purchased any Bitcoin , i am only earning through Signature campaign, Faucet rotator, doing skill work for bitcoin and some sports betting and poker betting. So this is the only way i am earning and just keep 20 % with me in bitcoin balance i convert in fiat currency and meet my daily expenses.
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arseaboy
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October 14, 2016, 03:59:51 PM |
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Till now i have not purchased any Bitcoin , i am only earning through Signature campaign, Faucet rotator, doing skill work for bitcoin and some sports betting and poker betting. So this is the only way i am earning and just keep 20 % with me in bitcoin balance i convert in fiat currency and meet my daily expenses.
as time passed and learning how bitcoin fluctuates i already purchase .25btc for my start, using it for my trading and also for investing it as well i know btc will keep arising, best time to make some moves guys.
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bamboylee
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October 14, 2016, 04:25:59 PM |
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I put most of my money into bitcoin how about you?
I don't. It is bad practice in investing to put all or most of your money on a single investment like bitcoin. I can allocate up to 10% but never more. Most of the bitcoins I have are payment from my signature campaign.
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serjent05
Legendary
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October 14, 2016, 04:31:52 PM |
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No, I never deposit money in bitcoin industry. I earn bitcoin by using faucet site and signature campaign in bitcointalk. If you are a good strategic person maybe you never deposit in bitcoin industry because you know how to earn. So thats it. It is hard from the start but if you money grow you will have a good income in the future using only by earning bitcoins.
Well Im doing that but we can able to use our bitcoin earnings too to buy bitcoins without harming our fiat. Rotate and circulate it. Relying only on signature campaign will only gave us fixed earnings and Im not satisified with that. Some of my bitcoin earnings are being played with exchanges so in return I can able to buy coins too in the price I want to do it. Yes it cannot give us fix profit but actually it give us enough btc to be used as capital on various invesment and tradings, and it matters on how we spend our earnings on sig and if we choose to use it wisely well im pretty sure that earning with sig +other venture well be enough since we can actually earn huge for it for free money, and also i've never spend my money in bitcoin i just get it for free. I agree that participating in the signature campaign can give us a stable income of bitcoin that we can use as capital for trading without touching our daily job income. This will further enhance our capability to invest in different coins because of the continuous income from Signature campaign. Thus, creating a chance of bagging more profits from coins we are trading.
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danherbias07
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October 14, 2016, 04:45:23 PM |
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No, I never deposit money in bitcoin industry. I earn bitcoin by using faucet site and signature campaign in bitcointalk. If you are a good strategic person maybe you never deposit in bitcoin industry because you know how to earn. So thats it. It is hard from the start but if you money grow you will have a good income in the future using only by earning bitcoins.
Well Im doing that but we can able to use our bitcoin earnings too to buy bitcoins without harming our fiat. Rotate and circulate it. Relying only on signature campaign will only gave us fixed earnings and Im not satisified with that. Some of my bitcoin earnings are being played with exchanges so in return I can able to buy coins too in the price I want to do it. Yes it cannot give us fix profit but actually it give us enough btc to be used as capital on various invesment and tradings, and it matters on how we spend our earnings on sig and if we choose to use it wisely well im pretty sure that earning with sig +other venture well be enough since we can actually earn huge for it for free money, and also i've never spend my money in bitcoin i just get it for free. I agree that participating in the signature campaign can give us a stable income of bitcoin that we can use as capital for trading without touching our daily job income. This will further enhance our capability to invest in different coins because of the continuous income from Signature campaign. Thus, creating a chance of bagging more profits from coins we are trading. You got it right. I use some of it to save in one wallet exchange and that will be used for trading when I saved the right amount I want. The rest goes to my wallet and some thru payments for sending. Still this freebies got a lot of use.
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elDano
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October 14, 2016, 07:47:07 PM |
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No I did not put all my money into it and I also do not think its smart if you have done this because it can bring you in real trouble if the bitcoin will go down. I think its also way too risky to do this honestly.
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maudevang
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October 14, 2016, 09:06:10 PM |
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Nope, I have not did this and I'm also not planning to do this because its not smart and its also that there are way too many risks for me to do this.
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The_Dark_Knight
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October 14, 2016, 09:37:11 PM |
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You shouldn't put more than 20% of your money into bitcoin, because you can end up being a homeless, who can't pay his bills.
You don't know what can happen to bitcoin, although we all trust and cover his value, you should always be ready to the worst scenario and always make sure you have enough money on the side to cover if bitcoin falls or something happens.
that there should always be a plan b or a contingency for emergency situations and i agree with you that btc right now is very promising and is beaming with potential, we really cannot be sure so it's better to distribute your money rather than place it on a single currency. better to be safe than sorry Correct, putting all your money in a single investment is never a good idea, no matter how good that investment looks since it could drive you to bankruptcy.
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klf
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October 14, 2016, 11:39:38 PM |
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Nope, I have not did this and I'm also not planning to do this because its not smart and its also that there are way too many risks for me to do this.
Investing all our money in any single product is very risky whether it is bitcoins or any other product. Because if any bad news about that product then suddenly you will lose a lot of money from your investment so it is always good to diversify your investments and reduce risks. I invested in real estate, gold, casino investments, shares and holding bitcoins as well.
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danherbias07
Legendary
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October 15, 2016, 01:00:01 AM |
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First of all why would you do that? You will need something left for buying your necessities. You dont want to be crying if ever the value of bitcoin suddenly went down. It is an investment not a gamble or a sacrifice.
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goldcoinminer
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October 15, 2016, 02:06:21 AM |
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First of all why would you do that? You will need something left for buying your necessities. You dont want to be crying if ever the value of bitcoin suddenly went down. It is an investment not a gamble or a sacrifice.
Be always smart to think of your daily needs rather than thinking of your future, we are living in the present time and every day we need to spend money in order to survive, hence only put the amount that you can afford to lose and keep the amount of money for your budget in your daily expenses.
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Supercrypt
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October 15, 2016, 04:21:32 AM |
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First of all why would you do that? You will need something left for buying your necessities. You dont want to be crying if ever the value of bitcoin suddenly went down. It is an investment not a gamble or a sacrifice.
Be always smart to think of your daily needs rather than thinking of your future, we are living in the present time and every day we need to spend money in order to survive, hence only put the amount that you can afford to lose and keep the amount of money for your budget in your daily expenses. Yes, many bitcoiners here are simply investing all their available funds into bitcoin and when they are facing any financial emergency, they are being enforced to sell off few of their bitcoins. So, a proper plan on how much we will be afford in excess, only that amount must be invested into bitcoin system as a long term investment.
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richardsNY
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October 15, 2016, 08:54:43 PM |
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First of all why would you do that? You will need something left for buying your necessities. You dont want to be crying if ever the value of bitcoin suddenly went down. It is an investment not a gamble or a sacrifice.
Some people are really so dumb, that they seriously expect guaranteed returns from a (according to these people) very safe and risk free investment option such as Bitcoin. These people don't know anything about investments as they are just gambling with their entire savings. They should stay far away from any kind of investments.
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Vikingr
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October 15, 2016, 09:04:15 PM |
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Till now i have not purchased any Bitcoin , i am only earning through Signature campaign, Faucet rotator, doing skill work for bitcoin and some sports betting and poker betting. So this is the only way i am earning and just keep 20 % with me in bitcoin balance i convert in fiat currency and meet my daily expenses.
I am also earning some amount of bitcoin but for an investor it is not efficient balance so for earning profit through the value rise of bitcoin I sometime buy some bitcoins in order to increase the amount of bitcoins I have and I currently have more than 50% money in bitcoin.
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Dora Doll
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October 15, 2016, 10:04:49 PM |
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Nope, I have not did this and I'm also not planning to do this because its not smart and its also that there are way too many risks for me to do this.
to me as there is no risk to invest in bitcoin, as bitcoin is one of the most safest way of investing money but still i am not going to invest all my assets in bitcoin as i have to keep some with my self for emergency, although i still invest a good amount from my salary every months as i know that it will really give me a good profit in the end.
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PacePay
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October 15, 2016, 10:13:31 PM |
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Nope, I have not did this and I'm also not planning to do this because its not smart and its also that there are way too many risks for me to do this.
to me as there is no risk to invest in bitcoin, as bitcoin is one of the most safest way of investing money but still i am not going to invest all my assets in bitcoin as i have to keep some with my self for emergency, although i still invest a good amount from my salary every months as i know that it will really give me a good profit in the end. If you will get a bitcoin debit card then you will not need to keep some fiat as you will be able to withdraw your bitcoins anytime when you will need your money where bitcoin will not be accepted.
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outatime1
Sr. Member
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October 16, 2016, 01:55:56 AM |
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I only put a small amount of my money into bitcoin. I think it is still a risky investment and we should only put into it what we can afford to lose.
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Zadicar
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October 16, 2016, 04:26:06 AM |
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I only put a small amount of my money into bitcoin. I think it is still a risky investment and we should only put into it what we can afford to lose.
Putting up money into bitcoin isnt bad at all but as you said put only the amount you can afford to loose and dont tend to put up all of your assets because bitcoin wont guarantee you on the long run since we wont know the future of bitcoin. If it would be succesful even more or flop in the end.
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Viyamore
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October 16, 2016, 04:27:01 AM |
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First of all why would you do that? You will need something left for buying your necessities. You dont want to be crying if ever the value of bitcoin suddenly went down. It is an investment not a gamble or a sacrifice.
Some people are really so dumb, that they seriously expect guaranteed returns from a (according to these people) very safe and risk free investment option such as Bitcoin. These people don't know anything about investments as they are just gambling with their entire savings. They should stay far away from any kind of investments. Well we cannot blame them its their choice and its good for me to take risk but to take risk all of your money to invest in bitcoins is not a good thing to do. Why would they stay away from investments? Investment is good but they have to take responsibility to.minimize their investments.
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gabmen
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October 16, 2016, 05:22:32 AM |
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First of all why would you do that? You will need something left for buying your necessities. You dont want to be crying if ever the value of bitcoin suddenly went down. It is an investment not a gamble or a sacrifice.
Some people are really so dumb, that they seriously expect guaranteed returns from a (according to these people) very safe and risk free investment option such as Bitcoin. These people don't know anything about investments as they are just gambling with their entire savings. They should stay far away from any kind of investments. Well we cannot blame them its their choice and its good for me to take risk but to take risk all of your money to invest in bitcoins is not a good thing to do. Why would they stay away from investments? Investment is good but they have to take responsibility to.minimize their investments. yeah i don't see the point in avoiding any kind of investments. I mean of course, you'll be taking a risk here but if you're smart, you won't go into an investment blindly. You'd be planning and researching before making an investment and i think it's a good way of doing something with some of your savings
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