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yeah you can buy bitcoin because bitcoin is very profitable nowadays because price will be sooner rise up and recommend that buy bitcoin in huge amount and then hold it for the future and i think you can buy bitcoin from your near friends who use bitcoin through cradet card .
Even if not profitable in short time, bitcoins are profitable in long term plus I think most people buy bitcoins because they want to do bitcoin gambling. Since bitcoins gambling is anonymous yet safe and over all for others it is provably fair. I personally prefer BTC gambling over other forms like bet365 and all.Yeah majority of users are using bitcoins only for gambling purposes as bitcoins gives them freedom and privacy to gamble without disclosing their identity and if bitcoin would not be used in gambling then I am sure the user base of bitcoins would be not that high as it is at present.
Hello, everyone.
I am new here. I want to make money from Bitcoin Trading. So First, I want to learn Bitcoin Trading. Please advise me or recommend me some resource where I can learn Bitcoin Trading.
Advanced Many Many Thanks to You All....
I am new here. I want to make money from Bitcoin Trading. So First, I want to learn Bitcoin Trading. Please advise me or recommend me some resource where I can learn Bitcoin Trading.
Advanced Many Many Thanks to You All....
Logically , the first rule is "sell high , buy low" . If you want to invest in BTC only then you should only buy and hold for long term , note that It takes long time in order to gain profits in that case.
If you want to get involved with BTC/Alts trading then you could invest in ICOs , most of the time (when It's a serious project) , the price should be x2 or x3 .
i agree with this and its simple method to every people which new in bitcoin. beside that, i suggest to you to do little search with google, yahoo, bing as they are a good search engine that will give you the source of bitcoin trading and you can find many info in video on youtube, vimeo. be creative if you want to know something new for you or you use the Search button in up right button to find about bitcoin trading and i am sure that you can found many resource from here.
Holding some bitcoin for the long term may be the best way to make money. I try to supplement that by trading on the short term peaks and valleys in the price.
i think if holding long time bitcoin is not good
because bitcoin price is and range wave price is slow move
example in 2013 bitcoin price 1000 dollar, and you buy and hold until now you still lost your money not profit
is good is inday trading, shortem trade, not longterm
Holding Bitcoin is probably the safest possible investment you can make. If you think the otherwise just because some noobs bought themselves some +$1000 coins, then you really have no clue about how investors with common sense and actual experience are working. Simple thing - smart people have bought their coins for a few hundred at most, and sold at +$1000 prices, while noobs thought exactly that price would be a decent investment. Do you see the difference that I try to point out? Noobs got burned heavily.
Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
paper money, real fiat money until next 10 year
cant't replace, nothing is digital curency replace position paper money fiat money
Best way for steady income is having a stable job. I think there is no steady way to earn other than that. Having a job means fixed salary. Other ways to earn like having a business of restaurant doesn't give a steady income everyday.
That seems legit, stable job = stable income/salary. Of course, how can you have a stable income if you don't have stable job, maybe you should distinguish the ways of getting your profit. And with having your own business that is the only alternative way of getting good source of income, stable and own business = stable profit.
I don't think that you will always get stable profits in business as sometimes you may even suffer loss in it, but once you develop and establish your business in a proper way then over a period of time you can expect regular profits but at initial stage there is a full possibility that you will be having a negative income from it.
Good investment which give steady income are rare to look for, there are some options of course but not give 100% guarantee.
There is no such guarantee in investment but at least you should have big capital to get that.
If you want steady income, try to invest in business or create your own. I agree, you may suffer loss during the way.
It easier if you have lets say $100 Billion, you can invest partially to build hotels or boarding house and others.
For bitcoin investment, you may try invest as bankroll on some sites that provide it or better to make you're own local exchanges and merchant that accept bitcoin.
If a person has that high capital of $100 billion to invest then why would he take risk of investing, he will simply deposit that money in bank and would be satisfied with the interest that he would be earning from it annually as there is no risk involved in it and even the interest on $100 billion would be higher.
Selling everything is not an option because its gonna be profitable soon or layer, this means that you are just throwing away money and that is not smart at all.
I would never sell them all....
I would never sell them all....
I fully agree with you, the fact is that selling is the the solution and you even will most likely not make good profit.
For me its just not worth it.
After making so much efforts in earning it or collecting it in different ways since long time, its never smart move to sell them all as if you do so at this stage then your all efforts would go in vain and will take away an opportunity from you to make higher profits in future so its better to hold them for long term and sell when price reaches to the roof in future.
Do you always missed the right time to sell or buy bitcoin?
I always miss the right time to sell my bitcoin. I am too steady to control my temper. Therefore, i can not sell my Bitcoin on the right time. Now, i am learning how to control myself not to be so steady anymore, thus i can earn some profit by selling and buying bitcoin I have opposite thought then yours as I never miss the right time to sell them as I will only sell them when price is higher then the purchase I have made but I mostly miss the right time to buy as I buy them when price starts going down but the very next day I see even lower price and that makes me to regret on my decision.
We tend to mix up different things. Bitcoin is pure math in a way. And yet it doesn't mean that it's price can be mathematically predicted for real. Because our world is not math. Everything is changing here and you never now whether you will still be where you are in the future. So, we shouldn't think that Bitcoin will really be 1000 in June. A lot of things can happen till then.
Bitcoin is an unpredictable job and nothing can be said about it and the reality is that we may even see that price by the end of the year as everything will depend on the user adoption and if everything goes smooth from here then we don't have to wait longer to see the price of $1k.
I also think about those people sometimes that how would they feel right now when they see the price of bitcoin when they used multiple bitcoins for buying a pizza or they just left them idle in their wallets and never used them until now, they would have been rich by now if they have kept them safe.
A lot of the early users were careless about their coins. Some of them forgot to keep their private keys securely. Some of them lost their coins in scams and ponzi schemes. And there were a few who lost their coins in wallet robberies.
I don't think that they would be careless about their coins as after all its a money and everyone will keep their money safe in their hands, if they have lost in ponzi schemes or gambling then that's a different thing but people who had great vision would surely have kept their coins safe and already would have get rich with it.
I use bitcoin because it offers a great opportunity for different people out there just like me to earn money without going to work or for other people like students who just want some sideline that can help them financially. I think most of us use bitcoin because of its value and freedom for us people to earn it without requiring specific age. Also, I use bitcoin because its secure because when i do transactions with bitcoin i didn't risk my identity and I feel safe because of that 
.
. Bitcoin offers us an great opportunity to earn extra income but if your income is limited then its really very hard to depend only on it for living unless you have great capital to invest in trading from where you can make money on regular basis but apart from that I am using it for online shopping and online money transfers.
Bitcoin will not be used by everyone in 2022 since most people of third world nations dont even know how to operate a computer.Most of them even dont have a bank account.But Bitcoin will be widely used by people all over the world by 2022.
so do you think all the developed nations are well equipped and everyone knows how to operate computers and do you really think that everyone has a bank account ,if so that is just silly ,people mainly use bitcoin to trade and to gamble and the people who are not interested in doing so would never bother about bitcoin.Even in first world countries there are many people who are not aware about the bitcoins and same goes with third world countries too, but the important thing is to know whether they interested in using it even after knowing it or not, people who believe in innovative technology will start using and rest will not care about bitcoins for sure.
If your looking for quick money trade forex
It is just like the same as other trading site like yobit and it needs large amount of capital here in my country there is seminar about forex and there is no different to trade in other trading site.. For me it is the best to invest in trading in crypto not in forex since i still not experience to try forex,yobit and cryptopia and poloniex is my trading is the best i spread my bitcoins for safety purpose trading is not instant to make profit it takes long run before you can make a good profit also it depends how you manage your trading strategy..
Yeah making profits from trading is not easy as it will surely taste your level of patience and if you get panic then you will surely suffer loss in it, as everyone feels that its very easy to make profits from trading but the reality is very different and if you don't have any strategy then its better to stay away from it.
Do what you are most passionate about! Whether you make money or not! You will be happy and eventually you will make money. Maybe lots of money.
Agree.. most of the successful people always do the work or thing that they love or most passionate about. In earning money it is best if you love the work that you are doing and not doing it because you are being forced. If you love what you are doing then the money will follow because if you love what you are doing you can easily turn it into a business like others does.Yeah you need to follow your passion and that will make things easy for you and you will not find it boring to work to earn money, and bitcoin has become addiction for me, the more I earn more I want, and working on bitcoins is really exciting and it is surely affecting my life in a positive means.
Yes, it really does. Bitcoin helps me alot financially, I have been able to make a fair amount of money so far.
Though my main salary is enough to cover my daily needs, but with bitcoin I can spend or save more.
Yeah, That's one of the advantages of bitcoin which can help you to earn money and help you financially so you can earn more money aside from you salary. I also earn money using bitcoin and i'm happy because I can now buy the things that I want or save more money by just using bitcoin Though my main salary is enough to cover my daily needs, but with bitcoin I can spend or save more.
Bitcoin has given us an opportunity to earn extra money from it which is really helping us financially and it has also improved our standard of living, but at this stage I am not using them in my daily needs as I prefer to hold them for the long term and will use or spend them when price goes higher in future.
In trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
there is no doubt abuot this that every kind of trading is risky, and some time your prediction can prove as false and you can face a big lost, but i think there are so many experience people who are really giving too much good prediction about trading and mostly their prediction proves as right and so they get so much benefit from it. People who have spent enough time behind trading can predict the price movement very easily and there are many experts that will give you tips as when to buy and sell your coins and they will charge some fees from you for giving you tips and I think its worth to pay as it can give good profits at regular intervals.
I use to put half of my income into Bitcoins.I save small earnings which i get from signature campaign and invest them in trading.In future, i have plan of investing more in Bitcoins.
If you are saving all your earnings from signature campaign and putting that money into trading then I think that is the right thing to do, as eventually it will allow you to grow your bitcoins in long run and as far as you are not putting your all income from fiat in bitcoins you are at safer side as putting all money in bitcoins can be risky in long term.
I think if you don't have knowledge of trading then its better to hold your coins without doing anything to it, and wait for the price rise and sell and make profits and buy it again when price falls in the future as it is the safest way to make profits and there is less risk involved in it.
Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.
Maybe this could happen bitcoin price now is really good at the price of 700$ plus and every day price is changing decreasing and increasing the price and bitcoin has very big potential and it can be really make bitcoin into that 1000$ in the year of june 2017 for sure 
It is a great possibility that the price will hit $1k in next year as by that time we will see many investors and companies will start accepting bitcoins but its hard to imagine that it can achieve that price in this year, no doubt bitcoin is moving in a positive direction but it will take time achieve the milestone of $1k.
Two weeks ago btc was around 640$, yesterday I checked and it was 705$ and today it's 720$.. It jumped up for 80$ in period of just a couple of weeks. What are your thoughts? Will it continue to rise like this, at what point will it stop going up and whats the cause of the sudden price jump
I was really really shocked too when the time i vacation the price of bitcoin is not like that and then i online because my vacation is done i really amazed on what the bitcoin price happen and when i checked it into preev.com site the bitcoin price was really high and my thoughts is the bitcoin will be hit the 800?Price has again started to go down slowly again and I think till the end of the next month we would be playing at the same price level but as we have seen in the past that price starts to go higher at the end of the year so we can expect the price of $800 at the end of the year but not before that and that also if people continues to buy till that point of time.
That is what I observe too, altcoins is very far from the value of bitcoin right now. No one knows which of them will survive in the long term. If you know you can make a profit now either bitcoin or in other coins then go, if you don't, you will missed the opportunity that may not come back anymore.
Of course bitcoin is a long term player and it will survive in long term and we cannot compare bitcoins to any altcoins as bitcoin is huge and holds a huge market cap in compare to altcoins and investing in altcoins is risky as there are many shit coins available that may disappear with an blink of an eye.
The whole crypto currency area is a risky thing. But of course altcoins are even more volatile than the bitcoin is.
If I would mine altcoins, I would get reid of them as quickly as possible, regardless of the current price u get for it.
And if mining a coin does not end up profitable, it's best to switch on to the next one. There are enough of them out there.
The days are gone when you could mine huge volume of bitcoins even in a single day and at a moment very few people will prefer to go for mining as its not as profitable as it used to be in past so I think people will go either in buying bitcoins and altcoins and sell them at the right time to make good profits.