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JCLee
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December 19, 2017, 11:18:44 AM |
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In my opinion, profit or no profit is depend how you have done with your bitcoin and the way you earn it. There are many ways for you to invest and earning money from your bitcoin such as trading or exchanging. Basically, buy in when with the low price and sell out when the price become higher is the usual option which many people doing now. As you can see that bitcoin is cryptocurrency, a thing you cannot touch or feel so exchanging bitcoin to money will make you feel profitable if you just want to feeling safe about your investment, it is a good option some way ! However, holding and having detail strategies will help you invest effectively.
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mOgliE
Legendary
 Offline
Activity: 1344
Merit: 1251
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December 19, 2017, 03:08:08 PM |
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Hi,
Sorry but it cannot be that simple. I mean, you cannot make profit without any risk..
You know, you should not see bitcoin as a mere source of short-term profit, because this won't work. You don't need bitcoin for that. Bitcoin is luch more than a new tool for trading!
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Webetcoins
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December 20, 2017, 04:01:23 AM |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
I suggest you to hold your bitcoin longer. If your goal is profit then its all about strategy, there is only one way for that, buy low Sell high. Thrust me it is not as easy as you think. Yeah in bitcoin the most important thing is holding of bitcoin and if you will hold bitcoin it will give you profit. In past bitcoin was good but it was not being use at high level but now bitcoin is helping a lot of people like me. It is good to secure bitcoin even If you are buying at low level and holding for long time you will see bitcoin growth even in very short time and saving of bitcoin is all time beneficial. |
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bitvalak
Sr. Member
Offline
Activity: 854
Merit: 267
Leading Crypto Sports Betting & Casino Platform
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December 20, 2017, 05:22:13 AM |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
if what you are looking for is a momentary profit please trade, do not store bitcoin and altcoin other. Because the main purpose of bitcoin is its function, not on high profit taking |
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ajmapalo22
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December 20, 2017, 06:06:05 AM |
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Since bitcoin is really on the appreciation period using it when buying goods will really make loss on your side because everyday bitcoin increases but if you want to analyze if you are really earning look first on the value of bitcoin when you receive it and it's value when you use it for payment if it appreciate for me that should be consider as a profit on your side.
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carodupuis
Full Member
Offline
Activity: 382
Merit: 100
Live cams shows pimped with cryptocurrency on Sexy
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December 25, 2017, 02:12:04 PM |
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In my opinion, profit or no profit is depend how you have done with your bitcoin and the way you earn it. There are many ways for you to invest and earning money from your bitcoin such as trading or exchanging. Basically, buy in when with the low price and sell out when the price become higher is the usual option which many people doing now. As you can see that bitcoin is cryptocurrency, a thing you cannot touch or feel so exchanging bitcoin to money will make you feel profitable if you just want to feeling safe about your investment, it is a good option some way ! However, holding and having detail strategies will help you invest effectively.
If you have bitcoins in your wallet and you hold them for some time then there is no doubt you will get profit because as we see the price of bitcoin is rising day by day and I guess that till the end of this year the price will be more than 20000 dollars. I have never heard that one who bought bitcoin and lose his investment because the price is consistently increasing. It was dropped once when china banned ICO but soon it gained its price again and jumped up more and more in the previous 3 months. |
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StarofBTC
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December 26, 2017, 09:55:01 AM |
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If coin replaces dollar, then what will coin base its rate on? Right now we can convert dollar to coin and know what that dollar is worth.
Yes of course it will give you a lot of profit. The risk of loss is very little bit because many people nowadays are investing money in bitcoin and taking advantage from it and it’s changing the lives of people and you can definitely earn more profit by investing in bitcoin or any other crypto currency. A long term investment may help you more in this way, you will be able to make your future bright and can lead a very happy life. |
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chickenfried12
Legendary
Offline
Activity: 1120
Merit: 1003
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December 26, 2017, 09:58:32 AM |
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if you entered before 2013/2014 the bitcoin you are now rich or near rich potential because profitable table is now x100 x150 for you but if you start to new buy/sell trade you are not maybe a little / low trading volumes with less profit
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fatema
Member
Offline
Activity: 336
Merit: 10
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April 07, 2018, 09:19:55 PM |
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We all know that Bitcoin is a popular and popular because of its profitable investment and profits. I fully agree that all people use only Bitcoin or invest in money. Sometimes its price is dumping. Then buy a lot of Bitcoin and sell it whenever it costs. You see, it gives you huge profits.
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jherenz
Newbie
Offline
Activity: 59
Merit: 0
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April 09, 2018, 10:08:06 AM |
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Everyones loves to have a profit.
Bitcoin is there to help people to have a good
profit to have an investment but you need to
work hard for it.
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ylnar123
Member
Offline
Activity: 350
Merit: 10
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April 09, 2018, 10:13:57 AM |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
If you feel like you have gained from your investment then do the cash out. Everything is for you to decide whether or not you sell or you hold. At the end of the day, your decision will make you feel like you really own your investment. Just remember that every decision you make, just don't regret and always monitor on the price to prevent your trade to a loss. |
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imapessimist
Jr. Member
Offline
Activity: 266
Merit: 1
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April 09, 2018, 10:14:31 AM |
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There is no profit unless you cash out. If Bitcoin went to 50m per coin and you didn't cash out anything you won't have made a profit. There is a time to buy and a time to sell. And sometimes a time to hodl.
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Razick
Legendary
Offline
Activity: 1330
Merit: 1003
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April 09, 2018, 10:35:17 AM |
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To make profit you would have to buy low and wait for the price to go up which is when you should sell. Prices online are calculated according to the going rate of bitcoin at the time of purchase so the price of the commodity would be it's equivalent in bitcoin at that point. If you want to make profit then selling in a bull market is what you should do but you just have to be patient.
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ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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darewaller
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April 10, 2018, 04:04:55 AM |
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To make profit you would have to buy low and wait for the price to go up which is when you should sell. Prices online are calculated according to the going rate of bitcoin at the time of purchase so the price of the commodity would be it's equivalent in bitcoin at that point. If you want to make profit then selling in a bull market is what you should do but you just have to be patient.
Yeah, most especially for those who are looking for the short term benefits rather than the long term but I always insist that anyone who wants to thread this route should always know what they are doing because that is more or less trying to thread the path of a trader which requires some knowledge, understanding of the market and experience. Most especially when it has to do with bitcoin and those who tried without knowledge only ended up messing up badly at the end as they get fueled by emotions that the market generates since they are busy making emotional decisions and gambling their positions in the market. |
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bangladesh20
Newbie
Offline
Activity: 22
Merit: 0
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April 10, 2018, 04:18:09 AM |
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Yeah,of course we get big enough profit.I think bitcoin is not just about making profit out of the coins that you have. Bitcoin is there to help people to have a good
profit to have an investment but you need to
work hard for it.
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Nilda
Member
Offline
Activity: 336
Merit: 14
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April 10, 2018, 04:31:23 AM |
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Almost all of us here are into bitcoins solely for the profit. But not everyone is well-equipped with knowledge or has the patience required in cryptocurrency trading.
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DilBro256
Newbie
Offline
Activity: 15
Merit: 0
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April 10, 2018, 04:51:23 AM |
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everyone also likes profit but sometimes when the coin we bought grew up. we thought we had profit. however why we sold it and received real currency. We saw we have no profit. many people fall in this situation.  |
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VitKoyn
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April 10, 2018, 06:25:50 AM |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
When the price of Bitcoin reached a certain amount that you want to take your profit, of course you will need to cash it out before you can say that you made a profit because if not, it is still on a risk of dropping its value. When buying online using Bitcoin it is automatically calculated by the software or wallet that you use for sending Bitcoin, every wallet has its own source of exchange rate (some have options to change the exchange rate source), for example the wallet you are using use the exchange rate of coinbase that wallet will base that value of current exchange rate of coinbase. |
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hakertajniak
Member
Offline
Activity: 504
Merit: 10
YOUC | John McAfee Supports
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April 10, 2018, 08:42:13 AM |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
BTC uses for payment is compared with USD value in general. so if BTC value rise over USD, the price of the shirt will be lesser BTC. but for the future, i think BTC value won't be compared to USD value anymore if everyone use bitcoin in daily. |
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justdimin
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April 10, 2018, 04:34:37 PM |
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Everyones loves to have a profit.
Bitcoin is there to help people to have a good
profit to have an investment but you need to
work hard for it.
This is not even about working hard; this is just simply about being smart. Normally, an experienced investor always know what to do and moments like this, they tend to buy more when people are scared of buying. Yeah, if you do not have much to invest, you may work for it, which the platform has given the chance to help some acquire that but in all sense, you have to be smart when investing in cryptocurrency and not end up joining the band wagon of FOMOs and understanding the reason why you are investing in the first place. |
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