I'm new here. I earned good amount of Bitcoin in the last months and instead of cashing them out, I would like to know how I can trade with them to make some profit with this money.
I never did - Bitcoin Trade - or Money Trade in the past but I would really love to learn, at least understand what I can do with.
Any advice please about how I can start trading?
I was thinking about having them on an Exchanger, buying $/EUR when BTC goes down, then again exchanging against BTC and so having made some profit.
Is this not the right way to trade? Any other suggestion please? I did not yet use any other currency till now.
Thank you very much for your advice!
Long life to this forum!
Trading is simple. You just need to have enough money to start. Buy bitcoin when the price is low so that you can maximize your starting money. Then if you feel you already have gain and contented to a current price then sell some bitcoin you have. So everytime you do that, you can gain profit which in time you will realized your starting money have earned.
And how much money is needed as enough to start? Yeh, and recommendations about platform will be appreciated.
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BoardBitcoin Discussion
Re: Wozniak: Bitcoin is better than gold AND the dollar!
But if it is better than cash and gold, why do some countries ask their public not to use it, instead of legalizing it? I do sure that the world needs some changes in international monetary system, but will it be bitcoin? What do you think?
Just because Wozniak says it doesn't mean it's a fact. The entire issue isn't black and white, so it is debatable at best. Obviously, governments which decide to not welcome it has a different opinion. They either think it could cause an economic nightmare whose value is driven only by demand, or they think the fact that they can't control it can undermine their power in the long run.
Either way, I'm not entirely sure I agree that the monetary system needs changes, but if you have the chance to improve something, why won't you go for it? I don't know if the endgame of that is Bitcoin, but it for sure sparked the call for change.
Thanks a lot for your answer. Agree with you. I do sure, because historically the system has been changed in some time as the world is in progress every minute and it demands the new decisions. These decisions should be made by the leaders of the countries, but not by me
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Topic
BoardEconomics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
In my opinion it is not possible that by 2022 everyone will use Bitcoin.
If you look at the % of people that have access to internet we are now at about 47%. (https://en.wikipedia.org/wiki/Global_Internet_usage) Hence first everyone in the world should get connected before Bitcoin can be used by everyone.
If we reach a doubling of the users of Bitcoin every year I guess we will be at about 1 billion users... pretty huge number though.
Agree with you! Just in three years. But for example most of the people at the age of 55 are not very good users of computers and it is very difficult for those of them who don't have any connection to finance to even understand the core idea of bitcoin. Why and How should they use it?
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BoardBitcoin Discussion
Re: Wozniak: Bitcoin is better than gold AND the dollar!
by
Taty
on 27/10/2017, 07:36:11 UTC
But if it is better than cash and gold, why do some countries ask their public not to use it, instead of legalizing it? I do sure that the world needs some changes in international monetary system, but will it be bitcoin? What do you think?