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Showing 20 of 35 results by karinaA
I save bitcoin in the same way as I do with my fiat. I treat it as another form of investment that grows the longer I hold it. As I continuously try to earn and buy a little, I am preparing for a future and hoping that I would be able to accumulate enough before the price reaches a very high level. Small earnings today, if accumulated, can be significant in the future.
That's right we should not miss any opportunity to earn even a small amount of bitcoins as whatever we collect today will be more valuable in future when the price of bitcoins will reach to its highest level and if you want to make good profits from it then you should hold them till the right time comes.
Yes its always good to diversify your investments to minimize the risks in future so even if your one investment fails you always have an opportunity to make profits from the other one and that is the best way to treat your funds.
I agree with you. You need to invest very wisely. You can not invest all the money in just one object.
I invest in bitcoin, but not all of my money. Part of the assets I invest in other projects
Since Bitcoin is Not regulated by any government , Bank cant accept it .
SO i dont think any bank accepts bitcoin or any other altcoin .
Yep, and a bank accepting bitcoin defeats the overall purpose of bitcoin. No body can regulate it. Bitcoin is a currency of individual.SO i dont think any bank accepts bitcoin or any other altcoin .
Banks will never accept bitcoins as it is an threat to their banking system and even in future when bitcoin will become more popular banks will face tough competition from bitcoin so I don't think that banks will ever accept bitcoins.
Banks do not care what currency to take. All of them are engaged in speculation. They agree to take bitcoin, only the government of some countries forbids doing this
Maybe sometimes bitcoin looks like gold, because it has a high price, but bitcoin also can be said very easy to get like cash. Maybe bitcoin is a combination of both, so can be said bitcoin is cash and gold money depends on the use.
Yes, bitcoin is a combination of these two phenomena. This is a coin and payment system. But now I use more bitcoin for investment. I buy bitcoins and just hold them, then to sell more expensive
Bitcoin is like a very trusted place of investment, and also I use it to give me a monthly salary. It can be said that for me, finding bitcoin is my job, and a long term investment. Well, it always gives me an advantage, such as the opportunity to become a millionaire
Hopefully bitcoin can give us a chance to be a millionaire by invest in bitcoin but honestly i've a doubt with what i has said due in my eyes the chance will not come twice in life.I also use bitcoins for investment. It's very profitable. I hope that thanks to the bitcoin I will increase my capital. This is more reliable than some investment projects and HYIPs
All my transactions with paypal were completed, i just lost some money using them because my account werent verified and i couldnt moove the money from it into payza or any other account. But paypal is legit companie if you have been scammed with their policy that protectes the buyer, its another question, but they are in the market and top payment processor using fiat.
Yes, PayPal is a legitimate company. There is no doubt that this is a popular and reliable payment system. I often use the services of this service. I never had a problem with PayPal
Re: If Bitcoin had a stable price, would it still be as popular?
I am sure, although bitcoin prices remain stable, it will become popular. Well, bitcoin prices are higher than other altcoin prices. So of course bitcoin hunters will still look for bitcoin, not as an investment, but as money will be made in cash.
I doubt it. Few people use bitcoin only because of anonymity. Many bitcoins attract only a steady rise in price. Bitcoin will lose a lot of users if this happens
Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
currently the best investment in bitcoin if you don't have time to run it yourself should be buying bitcoin and hold it as bitcoin price keep increasing by days. This time last year bitcoin price was around or below $500 but now bitcoin price is around $1260. If you buy 10btc last year you could have over double your investment by selling it today.What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
Why can not investment be considered a source of permanent income? Some just do it. And they profit from it. They live only on the profits from their investment activities. It is very convenient.
Invest! Invest!! Invest!!!
I will by all means spend some
I will by all means spend some
You just invest them in reliable projects, not gambling. I also invest my bitcoins in different projects and some bring more losses than profits.
I am afraid to break it to you, but you don't get to decide when you die. You might die when Bitcoin is 2k or maybe 100k. Who knows?
Yes, indeed, who knows things will turn to big in few years. But to think OP, how old are you now to wait for 50k per bitcoin? And are you holding big amount of it now? If yes, that is great waiting for big profit
But you need to live till the day bitcoin is that much amount. Yes, we'll have to wait a very long time. I do not think that one of today's living people can live to such a time. This is a very high price, which can not grow in a short time
Guys sorry for this question above but I would like to ask here that
What is the difference of Trading to Investing?
though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.
I hope you can help me in my confusion..
Big difference between of them trading is much safer than investing. To invest you need to take risk to get profit but in trading is you need to have patience for you to get profit. Trading is easy to earn money but in investing they don't do fot a long term.What is the difference of Trading to Investing?
though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.
I hope you can help me in my confusion..
I agree with you. Trade is not as risky as investing. In trade, everything depends on you, but in investing from another person. In general, there is little common between these activities
The mere fact that btc deals with huge amounts of money means that it's impossible to think it won't be prone to corruption. It's everywhere even with small communities. The very definition of corruption applies to bitcoin if you think about it. Hopefully it just doesn't bloe out of proportion that will lead to btc's ruin
I think that near any valuable asset there will be talk of corruption. Bitcoin itself can be used for a variety of purposes. Someone uses it for good, and someone for illegal activities
Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.
If the government comes in to the situation, the price of bitcoin will even increase. The more coins that they buy, the more the price will increase. It becomes harder and harder for them to buy more bitcoins. That's the only way for the government to manipulate the bitcoin price other than spreading FUD about bitcoins. They have to accumulate bitcoins first before they can manipulate the price.
But who knows? Maybe the government has a huge part in the bitcoins of circulation. Maybe they bought the majority of bitcoins right from the start when it's still cheap so they can take down bitcoins at the right time.
Its not impossible for them to buy thousands of bitcoin using the money of the people but I don't think the government will try to get involve unless they can collect taxes to exchanges and bitcoin businesses in the country. Japan I think had made it possible. Tracking users who don't want to be tracked is a big problem.
I agree with you. Perhaps some government officials have long bought thousands of bitcoins. They can affect the price of bitcoin. Simple people who have several coins do not have this opportunity
There have been endless discussions on this, the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use, then it doesn't matter. But if you happen to store it for long term, then obviously it matters as you will essentially be losing money on it.
Yes actually you have a point. The topic of the big deal on price of bitcoin is can discuss on the people who are affected on this topic. And the people who actually need to know the price/value of bitcoin is the one who do transaction and small time business in relate to bitcoin. Because through price they can know the possible earning and loss. Also the trader need to monitor the price of bitcoin especially on decision making where you will choose to sell or hold bitcoin to earn.Yes, for traders the price is very important. This is the most important factor in his work. Although for investors, the price is important for ordinary holders, too.
Re: Soo, I'm planning on buying €1000 in bitcoins. Yes or no?
Yes, the price of bitcoins depends on demand. But this will lead to the fact that the price of transactions will increase. And it's very bad. After all, one of the advantages of bitcoin was that we could pay a very small transaction.
But I believe that this problem will be solved in the future
But I believe that this problem will be solved in the future
There's no direct relation that in every increase in the price of bitcoin, the number of transactions also increases. Somebody could come in, invest 1 billion dollars, pump the price of bitcoin, but the transaction that has increased is only one. That one time when he transferred the bitcoins to his wallet. The price increase isn't necessarily caused by the demand of people. I think bitcoin is still a speculative asset and it's not built much by the number of users. It's built by the people that love playing with a market that's very volatile.
Then I do not understand what the price of bitcoin depends on? After all, many people say that the price depends on demand. And the higher the demand, the higher the price.
Till now bitcoin is not much popular than USD because USD is almost known in very country and every people know about usd,but in case of bitcoin only people who are at online only know about that but government accepting bitcoin may increase popularity of bitcoin
I'm not sure that bitcoin will someday be as popular as the dollar. They do not need to be compared. Bitcoin is an alternative coin. Not everyone will use bitcoin. It's all about trusting
Re: March 2017 , february 2017, january 2017, 2016’s top cryptocurrencies
Cryptocurrencies to me is merely investment items having zero utilities. Investment in cryptocurrencies is similar to betting on horse race, you earn if your horse leads. Bitcoin is real king and so far has created its existence in financial system.
Altcoins on the other hand hardly accepted by merchants and consider if merchant accept altcoins, he only accepts if alts are convertible in Bitcoin.
Altcoins on the other hand hardly accepted by merchants and consider if merchant accept altcoins, he only accepts if alts are convertible in Bitcoin.
Right now it seems to be true. there is a buble on altcoins and bitcoin lost in value beacause of etf rejection panic. However, it quickly came back to levels of 1200$ and is in a good condition. But the bubble on altcoins doesnt want to pop. There are cryptos that are still on high price levels and dont seem to fall
Perhaps among the alternative coins, a real rival bitcoin will soon appear. But I still do not have strong confidence in alternative coins. I choose bitcoin
People love paper money. But the government does its best to reduce the turnover of cash. This is due to the fact that the government wants to fully control the movement of money. And cash is very difficult to track
I did not manage to make a lot of money on forex. This is due to the fact that I have a basic job in the office and a little free time. I can not constantly follow the course and be on the stock exchange. Therefore, I decided not to trade on the exchange