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Author Topic: Bitcoin, is it worth spending time collecting it?  (Read 14656 times)
KennyR
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January 12, 2017, 03:02:01 AM
 #21

Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.

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January 12, 2017, 03:03:20 AM
 #22

If you're thinking to collect or having Bitcoin from buying you should wait when the price is cheap and i think now is a good day to buy Bitcoin, currently Bitcoin price is down and wait untill six or one years and you will see the price up, but you should be carefull if buy Bitcoin with money for your daily living cost because Bitcoin is for long term investment
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January 12, 2017, 03:08:02 AM
 #23

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you mean faucets then you are wasting your time even if you live in a country where the average salary is very low, collecting from faucets or getting giveaways is not an efficient way to get bitcoin, keep your job and get some bitcoins then if you study you can start trading, which is a good source of money for those with the right skills.

I would definitely go for trading not faucets.
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January 12, 2017, 03:12:28 AM
 #24

Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.

I Guess having a balance would do me good. Both to deposit and to trade. I have a fine payroll so if not all faucets and if not all trades, then I guess 50-50 would just do fine.
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January 12, 2017, 03:15:52 AM
 #25

If you're thinking to collect or having Bitcoin from buying you should wait when the price is cheap and i think now is a good day to buy Bitcoin, currently Bitcoin price is down and wait untill six or one years and you will see the price up, but you should be carefull if buy Bitcoin with money for your daily living cost because Bitcoin is for long term investment

Like a Life insurance. Thank you. I'll keep that in mind
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January 12, 2017, 06:41:19 AM
 #26

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

If you want to collect bitcoin there are several ways of collecting bitcoin, there is bitcoin were you can get as free through faucets but the disadvantage it will take a lone time before you get big amount of it. And you can collect bitcoin through investment if the price value of it is low at the presence and you will get a benefits of it if you hold and keep it for awhile until such the right time comes to sell it at the high price.
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January 12, 2017, 08:18:49 AM
 #27

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
What do you mean by collect? I would recommend for you daily job and then from money you earn, buy bitcoin.
Collecting from faucets or any other means are far far far less efficent than actually working and buying bitcoin from your payroll.

By collect I mean to buy

So its seems like a long term deposit which would finally end up in benefits right? I mean has it ever happend that it let you down? Expecting to be received benefit yet you don't?

it is certainly worth using bitcoin, and buying to spend bitcoin has many benefits but it seems like your question is mostly an speculation question.
in that case it is all about the price and you are ignoring all other benefits and features bitcoin is offering.
and about the price, it has been good so far. if you look at the history of price, it has been going up from the start but sadly it has become the manipulation toy of some people and caused bubbles such as the famous $1200 bubble in 2013 and some smaller price but yet big bubbles before it. and also some smaller bubbles after.

in short if you invest in bitcoin for long term and only buy in the dips, you won't regret it.

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January 12, 2017, 08:49:03 AM
 #28

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

If you mean to quit your daily job just to collect or earn bitcoin, NOPE its not worth it. Why? Obviously cause your income is greater  Wink .

Regarding the investment thing, Also No cause when I started using bitcoin the price is much lower than the current price right now . It is true that bitcoins price decreased but it's nothing to worry about, We all know that if there is a pump then there will be dump . We have experienced a non-stop pump so this is just normal .

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agatha818
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January 12, 2017, 08:57:14 AM
 #29

hey sir, it is definitely worth collecting bitcoin, especially now the price is down it's a great opportunity to buy/collect bitcoin, and wait til the price is up again.
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January 12, 2017, 09:13:17 AM
 #30

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
In my opinion if you are newbie and no one helping you to learn bitcoin and its basic systems than it is hard working to make money from it than  Doing a daily job .
I my self found it a very complicated to understand but after loss of much internet data  at YouTube I learned about it in better way .
And it is a simple in bitcoin to loss your investment because nothing is sure in bitcoin like price ( rate ) , And second things many cloudmining pozi schemes sites , and other somes sites which are legit are not much profitable .
So take every action after thinking twice in bitcoin .
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January 12, 2017, 09:15:15 AM
 #31

Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.

I Guess having a balance would do me good. Both to deposit and to trade. I have a fine payroll so if not all faucets and if not all trades, then I guess 50-50 would just do fine.

No, I wouldn't suggest collecting bitcoin thru faucet, it's not worth at all and too risk to visit bitcoin site nowadays, which means you should be more careful, I found so many bitcoin site service which contain malware/malicious thing inside the site or any file into the site (including faucet too).

Better to do more trading, you will gain good experience while do trading, it's more efficient, more worth and the coolest one.
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January 12, 2017, 09:17:08 AM
 #32

Of course that it is worth spending time collecting Bitcoin. If you bothered to check its performance for the last 5 years you will be sure that bitcoin is one of the best investments you could go for. At least I keep gathering everything I can, because I’m pretty sure I’ll see it above $10k
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January 12, 2017, 09:47:21 AM
 #33

Of course that it is worth spending time collecting Bitcoin. If you bothered to check its performance for the last 5 years you will be sure that bitcoin is one of the best investments you could go for. At least I keep gathering everything I can, because I’m pretty sure I’ll see it above $10k

Even I agree for this bro. If we able to earn bitcoins, I will recommend to save it for 5 or more years. As many speculations says bitcoin would be more than 10000$ after 2025. We can see the price driping recently but the price drop will be boost to the high value now.
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January 12, 2017, 10:02:25 AM
 #34

Actually in my point of view collecting bitcoin is worth if you  can earn a lot amount of bitcoin. Because when we focus looking for bitcoin as adopt it as a job. It is not different with any general job with fiat as payment. Even if the price of bitcoin suddenly increase you will earn  some problem too.

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January 12, 2017, 10:08:47 AM
 #35

it world be earning not collecting as both the world have specifically two diffrent meanings, and if you are a good earner then also i do not honestly think you can relay on bitcoin as your life support. Daily jobs are actully stable in many ways becuase that will be gurrentied income source but with bitcoin it will be more or less type. depend on the luck and the market demand/supply your profit will be calculated. lets think if you have profit everyday then also the level of profit is not fixed
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January 12, 2017, 10:47:27 AM
 #36

For me its better not to lose your daily job for bitcoin unless you have a skill to earn enough btc for your everyday needs. but spending time earning btc is really worth it, i enjoy what i do at the same time getting reward is fulfilling.

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January 12, 2017, 11:13:44 AM
 #37

You should focus into your real work and collect bitcoin at your free time, as long it doesnt damage the routine and the people that has those time, as long you manage you will be able to make an extra with bitcoin, but faucets are a huge waste of time nowadays, signatures are the best way to monetize your time.
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January 12, 2017, 11:23:39 AM
 #38

You should focus into your real work and collect bitcoin at your free time, as long it doesnt damage the routine and the people that has those time, as long you manage you will be able to make an extra with bitcoin, but faucets are a huge waste of time nowadays, signatures are the best way to monetize your time.

Definitely, we can't depend much on bitcoin especially if we are a newbie, we need to study more in bitcoin transactions to be able to gain profits on it. Signature campaign is really the best way I think to be have income and can be used in investing and trading for extra income.
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January 12, 2017, 12:23:26 PM
 #39

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
What do you mean by collect? I would recommend for you daily job and then from money you earn, buy bitcoin.
Collecting from faucets or any other means are far far far less efficent than actually working and buying bitcoin from your payroll.

By collect I mean to buy

So its seems like a long term deposit which would finally end up in benefits right? I mean has it ever happend that it let you down? Expecting to be received benefit yet you don't?

it is certainly worth using bitcoin, and buying to spend bitcoin has many benefits but it seems like your question is mostly an speculation question.
in that case it is all about the price and you are ignoring all other benefits and features bitcoin is offering.
and about the price, it has been good so far. if you look at the history of price, it has been going up from the start but sadly it has become the manipulation toy of some people and caused bubbles such as the famous $1200 bubble in 2013 and some smaller price but yet big bubbles before it. and also some smaller bubbles after.

in short if you invest in bitcoin for long term and only buy in the dips, you won't regret it.

Yes my friend. Its merely a speculation. I am willing to invest on it and if possible work with it. That's why I need all the help I can get and you guys are being very helpful to me. Thx
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January 12, 2017, 12:31:11 PM
 #40

Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

If you mean to quit your daily job just to collect or earn bitcoin, NOPE its not worth it. Why? Obviously cause your income is greater  Wink .

Regarding the investment thing, Also No cause when I started using bitcoin the price is much lower than the current price right now . It is true that bitcoins price decreased but it's nothing to worry about, We all know that if there is a pump then there will be dump . We have experienced a non-stop pump so this is just normal .

Well no of course i'm not gonna quit my job just to invest on bitcoins. It will be an auxiliary trade for me. I'm gonna use any opportunity to make some green. Thx for your great comment.
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