Thinking about long time investment

[JNord]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

[1714991459]

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[1714991459]

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[1714991459]

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[548845]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

1 question:

If you are such a good poker player, why not earn your Bitcoins by playing poker?

No need to waste your hard earned FIAT.

[hexafraction]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

Pros:
* Decentralized, without central regulation
* Irreversible, meaning that once you receive a confirmed transaction, you are sure to have it.
* Securely storable using tools such as hardware wallets, paper wallets, multisig
* Great growth potential

Cons:
* Decentralized, without central regulation
* Many scams, with little to no possibility of refund
* Potential for a crash
* Irreversible, meaning that if your coins are scammed or stolen, you can't do anything about it
* Lost wallet passphrases mean irreversible loss of coins.

Safety tips:
* Trust nobody.
* Offers that seem to good to be true are.
* Understand the relation between private keys, addresses, and transactions
* Safeguard your private keys using tools such as hardware wallets, paper wallets, or by using multisig addresses.
* Keep backups in extremely safe places.

[Built]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

Pros:
* Decentralized, without central regulation
* Irreversible, meaning that once you receive a confirmed transaction, you are sure to have it.
* Securely storable using tools such as hardware wallets, paper wallets, multisig
* Great growth potential

Cons:
* Decentralized, without central regulation
* Many scams, with little to no possibility of refund
* Potential for a crash
* Irreversible, meaning that if your coins are scammed or stolen, you can't do anything about it
* Lost wallet passphrases mean irreversible loss of coins.

Safety tips:
* Trust nobody.
* Offers that seem to good to be true are.
* Understand the relation between private keys, addresses, and transactions
* Safeguard your private keys using tools such as hardware wallets, paper wallets, or by using multisig addresses.
* Keep backups in extremely safe places.

This is good advice for us noobs thank you.

[Elwar]

Maybe look into forex trading if you're looking to make money from currency trading, maybe leverage against the euro and dinar and such.

If you want a better currency for your future use, Bitcoin is that answer. Look into Apple and other tech stocks for your investment desires.

Whatever you invest in, make sure you're not keeping your earnings in any fiat currency. They will not be worth much in a few years no matter how well your investments turn out.

[JNord]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

1 question:

If you are such a good poker player, why not earn your Bitcoins by playing poker?

No need to waste your hard earned FIAT.

As I explained poker is not what it was some years ago and oppoinents are tougher plus I am getting older so investment seems wise.

[Atdhe]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

1 question:

If you are such a good poker player, why not earn your Bitcoins by playing poker?

No need to waste your hard earned FIAT.

Gambling is tougher and tougher. OP did not claim he is a world champion. Few years ago just decent players could make nice money. I had a team of players that I was staking.

For OP
If you want to invest money to btc, take it as highly speculative investment. And long term. Imagine it like bet with odds 1000:1 where fair value is 100:1. You can imagine you can not bet a lot, I hope.

Pros - if it goes high, it will go really high. Otherwise it will bust or survive at quite low level.
Buy only at some good exchange like Bitstamp, Bitfinex or Kraken. Once you convert money to BTC, they can be withdrawn fast.

Download some authorised wallet by bitcoin.org and store the btc in your computer that you will not use or on flash drive/hdd. Make backups. At least 2. This is the hardest part. Harder than buying the Bitcoin.

[Atdhe]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

1 question:

If you are such a good poker player, why not earn your Bitcoins by playing poker?

No need to waste your hard earned FIAT.

As I explained poker is not what it was some years ago and oppoinents are tougher plus I am getting older so investment seems wise.

Do not get disturbed. Most ppl here want to be rich without effort (and think that professional gambling or running central bank is just fun for money), so they are jealous and they want to punish you for your monetary sins

[548845]

Calm down fellas, I was just asking.

I know I would have tried poker if I was good at it.

I have heard of some crazy numbers some people made in BTC playing dice and poker.

So it is obvious that if I had skills on either I would go for it.

That's all.


EDIT: Atdhe, I have nothing to be jealous of mate.

[Atdhe]

Well it is not that simple. If someone is good, it does not mean a lot, because the important part is how good are opponents. Few yrs ago USA started the war on gambling and that caused outflow of fishes from poker. So what remained was much less money and much tougher players.

Second problem is - at all parts of internet - that bigger are growing and swallowing the smaller ones. Everything goes towards monopolisation. Exactly like mining. I quit with gambling for the same reason.

[Atdhe]

EDIT: Atdhe, I have nothing to be jealous of mate.

that is good for your karma. I apologise.

[hexafraction]

This is good advice for us noobs thank you.

No problem, I try to help new people when I can.

[caga]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

Maybe you should not invest in bitcoins for the price. Already a lot of people in it for only investments.
It might go down to 100$ as well, so definitely a very risky investment.

[LiteCoinGuy]

hello there,

start learning:

https://www.youtube.com/watch?v=O0oDDIy0P2s

BTC is more than you think 

[Bitcoins101]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

Maybe you should not invest in bitcoins for the price. Already a lot of people in it for only investments.
It might go down to 100$ as well, so definitely a very risky investment.

It's really not a terrible time to invest in bitcoin as a newbie, though. Compared to other price points in the past year, things look pretty good for buying a nice stash. There's a good amount of support right now.

Get a Trezor or learn how to do cold storage. Go on an exchange, buy, and then sit on them for a bit. $330ish is not a bad entry point, even if there is significant risk that it could go down to $100.

[CoinFriend]

Hi all.

I am fairly new to bitcoins but I know some people that have made alot of money on bitcoins during these years.

So let me introduce myself: I am a guy that have played poker for many years and have made enough money in the peak of online poker but as poker is getting harder I am doing some investments in real life businesses but also thinking to do some investment in stocks and currency. For the currency I have been thinking to invest partially in bitcoins and would like to know the pros and cons of bitcoins and best methodss to trade and be safe. Any links to older posts briefing me into this would be much apriciated.

Thank you guys for your time and hopefully I will be a regular bitcoin talker soon.

if you want you can invest in a wide field of anything what is related with bitcoin. so much is possible. Sometimes i also look where i can invest something.
Now i found CRYPTOPIA a exchange for cryptocurrency. it is maybe an opportunity with a lot of potential.
You can mine and trade a lot of Coins there and also sell your goods for coins at the marketplace on the website. That is something special. i have never seen those kind of exchange before.
so have a look
https://www.cryptopia.co.nz/

[Meuh6879]

Bitcoin is right here to stay.

Better than Bank ...
Less expensive than Credit Card ...
More trusty than Fiat Money ...
Easy to spend than Gold ...

[ensurance982]

I believe Bitcoin may be a very wise investment, especially in the long term. The potential upsides are huge and the adoption isn't nearly complete. But this is just a gut-feeling. No one knows whether Bitcoin will really enter the mainstream at any point and really gain traction. It still remains a very risky investment and you may end up losing everything.
See for yourself what you're willing to risk and invest. Don't panic and don't act on emotions when the price falls. And most importantly: Make up your own mind about your investment decisions!

[jonald_fyookball]

Bitcoin supply is limited and precisely predictable.
This is a big reason some are very bullilsh.

[pablox43]

I would put a portion 15% - 20% in bitcoin. There are a lot of smart people backing Bitcoin right now (i.e. Marc Andreessen). Additionally, Bitcoin provides an immense advantage for both business and consumers. Although Bitcoin is getting popular, the  real revolution will come from the technology behind Bitcoin.