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Showing 20 of 131 results by shugareward
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Topic
Board Economics
Re: Best way for steady income
by
shugareward
on 08/09/2016, 23:56:35 UTC
in my opinion to is get profit in better amount is that you should hold btc for a log amd and then sell it for your profit with increase price . in this way we can get profit with small risk .
The question is when the best time to sell , and if you have big amount in your balances , it doesn't matter as long as you can divided your balances into different source . But , hold it for the few years without spending , it's lazy way to earn for me.

Holding is not a bad way unless you have some other sources for earning as well and those ways must be increasing your held bitcoins, but if you just have some bitcoins and doing nothing but just holding them then that is really not a good decision.

Yeah and to make profits from only holding you need to wait for a long time as you never know when price will g o higher, so its good to trade with them to get regular profits and also to increase the level of coins.

But trading is also high risk until you dont have good bankroll, you can do is giving your skills for bitcoin payment and like this you will start to earning bitcoins and you can save big and even do some investment of holding them.

Holding is safe but not profitable, if can give you good profits only if price goes higher but the number of coins will be the same it will not grow by holding, even if you trade with small amount it can increase the level of your coins slowly and steadily.

Yes,holding of bitcoin is safe but I don't agree when yu said holding of bitcoin is not profitable cos holding is profitable. Are you saying some people that bought bitcoin when the incident of bitfinex happen don't make any profit now that the price of bitcoin is $625?

Holding bitcoin can give us a bigger profit and with that we will have the chance to become rich but we cannot say it as a steady income per month etc, as in some times the price of bitcoin increases in some times it drops a little and in some times it remains stable. so with holding we have to start another business also.
yeah, holding bitcoins can give you some decent money easily in my opinion, i think that the best way to get money though is trading
Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
shugareward
on 08/09/2016, 23:50:44 UTC
You have to target at least 1 BTC for the start but in the long run you will realize that 1 BTC is not enough, I know not all of us can afford to raise 1 BTC for the future investment because that is still a big amount of money for the majority but for future investment I would say it would not change your life.

yeah you cannot do much with bitcoins, and if you are hoping to get rich with 1 btc then it will never happen as we don't know what value it will hold in future.

It also depends on what we do. every thing is done with confidence, work hard, have high spirits, and optimistic will surely generate something outside of his or her dreams. Since God prefers someone who is willing to bend over backwards to realize all the dreams, goals, and expectations

If you have 1 btc then you can always use it in trading and if you are lucky and if you make smart moves then you can take your 1 btc to higher level in future.
you are right, to be honest you can easily use bitcoins to do some trading, that would make some decent income i think
Post
Topic
Board Economics
Re: I have 12 BTC in my Account, How should I invest this??
by
shugareward
on 08/09/2016, 23:47:14 UTC
You are actually holding a good amount of bitcoin now,so even with a slight increase in bitcoin prise you could achieve some good profit with it.So i would rather advice you to just hold onto them until bitcoin reaches even more heights.Its the safest investment according to me for you.

I think some of them should be invested in trading and rest should be saved for the future, as if you are lucky enough then you can make some good profits from trading.
you are right, thats why i do trading in order to make some money over time, i hope that it will make me rich in the future
Post
Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
shugareward
on 08/09/2016, 23:46:19 UTC
people underestimate the impact of a few years.   

but in this modern age, information and new technology spreads fast.

facebook and twitter both opened to the public less than 10 years ago, and now they have billions of users.     

the first iphone launched in 2007, now even 2 year olds have smartphones. And most people can hardly even remember there used to be a live before smartphones, while that very live was not even a decade ago!

Technology spreads fast, it's not 1500 anymore where it takes centuries for new technology to spread.
but the fact that bitcoin growth is slowing down in last two years i guess.
for example in my country the bitcoin active user are 0.5 % only of total population.
how good it is? not sounds good for me , 2022 is too soon.
bitcoin is definitely not slowing down right now, i think it is only growing and it will be huge in a few years, i hope the price will grow too
Post
Topic
Board Economics
Re: How to save money.
by
shugareward
on 08/09/2016, 23:42:04 UTC
Saving your 10% of monthly income will help you to buy something you want in every year because if you are going to hold you bitcoin or money just for anything you can do that because in bitcoin world theres no possible in hard worker man you can rich every thing you want just trust your self.

It's a step and a very good plan. Because it is not a difficult thing to do and definitely if we could do that then our lives will be a little fun and profitable. Hadn't thought to save a lot of money in our lives is a mess

I think saving is really important for all of us so that we can have enough funds for the future which can be helpful for us at the time of emergencies and it is mandatory process to follow.
of course saving is really important, in my opinion it is one of the most important things in the persons life because without it you wouldnt be able to live normally
Post
Topic
Board Economics
Re: Big Crash coming
by
shugareward
on 08/09/2016, 23:41:21 UTC
btc crashes, pumps, crashes, price goes back up.. nothing new. Price will explode to 10k 1 day.
you are right, these things are always really possible in bitcoin world and it can happen at any time to be honest, i hope that 10 k will be reached soon
Post
Topic
Board Off-topic
Re: If i give you 10 BTC what will you do?
by
shugareward
on 08/09/2016, 23:22:46 UTC
I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
I'd invest the money in a Youtube channel I'm running. We've got a great team and a lot of potential. Could turn into steady income.  Cheesy
oh nice, what is the name of the channel, i would like to check it out, with those 10 bitcoins i think i would buy some stuff such as electronics
Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin
by
shugareward
on 08/09/2016, 23:21:30 UTC
The future of bitcoin is not pridectable completly a mistry because honestly it is the first time of something like bitcoin exist and as we know all the good thinks have some bad side too so its hard to guess what will come in the near future from it
well it is kinda possible to predict the bitcoin price right now in my opinion and it will remain like that in the future, right now i can see that it should grow
Post
Topic
Board Beginners & Help
Re: Doubling Bitcoin?
by
shugareward
on 08/09/2016, 23:20:42 UTC
Doubling bitcoins is possible but its pretty hard, with websites its without any doubts not possible but that is already clear.
With trading there are some options but it also has some big risks to be honest.
it is hard and it is really risky, thats why i never try to do anything like that because i think i would lose all the money i have right now
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a good way to store money?
by
shugareward
on 08/09/2016, 23:20:11 UTC
Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?

What more can I say about this question? It is more generalize reason of most member here in this forum. Like me I joined here Because I believe I can store securely my savings which is Bitcoin. While storing it/holding it, I will sell it once the price is really stable.
im also holding it all in a cold storage right now, i think for me to sell it a new all time high should be reached to get good profit
Post
Topic
Board Economics
Re: How many Bitcoin do you have saved?
by
shugareward
on 07/09/2016, 22:45:54 UTC
Just recently got into BTC; I have 2.5 saved up.
Plan on taking 25% of each of my paychecks and accumulating and seeing what will happen in 2017 or later in the year.

Thoughts? Ideas? Speculation? Advice? Tips?

 Huh
I have saved some Bitcoin for my self but I do not like to talk about how much Bitcoin I have that is just not smart.
But when the next rise is going to come by I am going to sell some Bitcoin.
why would it be not smart? i dont have a lot of bitcoins right now, im only with 0.23 bitcoins though i still way for a big price growth
Post
Topic
Board Economics
Re: Big Crash coming
by
shugareward
on 07/09/2016, 22:44:58 UTC
btc crashes, pumps, crashes, price goes back up.. nothing new. Price will explode to 10k 1 day.
you are right, im in the bitcoin world for a few years right now and nothing impresses me right now, though it will definitely not go to 10 k in 1 day
Post
Topic
Board Speculation
Re: How many bitcoins do I need to retire in 20 years?
by
shugareward
on 07/09/2016, 22:44:10 UTC
i think like 5 bitcoins will be enough, as you should have like 500k$ then
Such a small amount i can not retire if made only 5 btc.. its not enough for me. maybe in other country that you can live long with that amount of money..
For me 50 plus is enough for me to retire in 20 years because i can start my own business and be a boss.
the best option is as much as possible, for me if i can have 100bitcoin for retirementday i will very happy with it.


best option is always to have as much as possible considering that new features are up for next year expect that if we have 100 btc in that time we will want to have more
cuz no matter now much we have it not good enough
I respect your opinion but I can tell your frankly that I would be happy to have at least 100 BTC for my retirement, I am not ambitious enough to live a luxurious life because all I want is a simple life living in a peaceful place, and I know with 100 BTC I could live a decent life already.

Not only that but having 100BTC doesn’t mean that the coins sit idly, you could invest those coins, I am not an expert so this should not be taken as advice but if a person were to invest in several bitcoin casinos you could earn BTC while doing nothing, I think the amount you can earn is something like 2% to 4%.

you are right, i think 100 bitcoins would be not enough because bitcoins is not going to be that huge, you would need at least a thousand
Post
Topic
Board Economics
Re: Why Should I Choose Bitcoin ??
by
shugareward
on 07/09/2016, 22:43:23 UTC
As I have read more about bitcoin. I think it is the number 2 that stands in all. It is one of the main reason for creating it. For better transaction and the cheapest way it could be.
and the possibility to never more use banks and be your own bank, i hope that this is going to be possible at some point in the future
Post
Topic
Board Economics
Re: Best way for steady income
by
shugareward
on 07/09/2016, 22:42:43 UTC
in my opinion to is get profit in better amount is that you should hold btc for a log amd and then sell it for your profit with increase price . in this way we can get profit with small risk .
The question is when the best time to sell , and if you have big amount in your balances , it doesn't matter as long as you can divided your balances into different source . But , hold it for the few years without spending , it's lazy way to earn for me.

Holding is not a bad way unless you have some other sources for earning as well and those ways must be increasing your held bitcoins, but if you just have some bitcoins and doing nothing but just holding them then that is really not a good decision.

Yeah and to make profits from only holding you need to wait for a long time as you never know when price will g o higher, so its good to trade with them to get regular profits and also to increase the level of coins.

But trading is also high risk until you dont have good bankroll, you can do is giving your skills for bitcoin payment and like this you will start to earning bitcoins and you can save big and even do some investment of holding them.

Holding is safe but not profitable, if can give you good profits only if price goes higher but the number of coins will be the same it will not grow by holding, even if you trade with small amount it can increase the level of your coins slowly and steadily.
you are right, to be honest i like to be holding my bitcoins but i never manage to make anything decent from that unfortunately
Post
Topic
Board Bitcoin Discussion
Re: People hate Bitcoins?
by
shugareward
on 06/09/2016, 21:17:10 UTC
Ah don't get nervous cause of nothing, people usually hate something they don't understand, or if they are afraid from it. Either way if someone is not open minded don't bother about that person, time will explain everything to them, and one day they will realize how wrong they were.
I didn't meet person that hate bitcoins, except couple altcoin lovers that constantly talk how btc will disappear, and how will some other alt coin take bitcoin place, usually their alt coin, but I don't give a penny for their talks.

Lol, it's absolutely right that some altcoin lovers or developers maybe are always talking about bitcoin for bad or cursing it while they know nothing would happen to it and if something happens to it their coin would also not survive.
you are right, though it is fruitless as it is impossible for people to actually make others not use bitcoins just by spreading false information
Post
Topic
Board Bitcoin Discussion
Re: Getting porn sites to accept bitcoin
by
shugareward
on 06/09/2016, 21:16:24 UTC
I am not seeing big porn sites accepting bitcoins, but whenever smaller sites come into being they allow bitcoin as with that they get more clients.
and they are most probably going not to accept it any time soon, most porn sites even have no possibility to buy something afaik
Post
Topic
Board Off-topic
Re: Are you buying bitcoins? Why?
by
shugareward
on 06/09/2016, 21:15:22 UTC
Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
the same for me, it is the perfect strategy of making money with the bitcoins even though sometimes you might lose some money
Post
Topic
Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
shugareward
on 06/09/2016, 21:14:19 UTC
If all the Bitcoin users refuse the spend their Bitcoin and decide to just hold all of them, then the price of Bitcoin will not move. Bitcoin's price will not increase, it will not decrease as well. No movement will be detected until somebody decides to sell their bitcoin or until somebody enters the bitcoin world and decide to invest some money into Bitcoin.

Obviously and that actually never happens because there are always people for selling or buying bitcoins because the community or the user database of bitcoin is too large so if someone holds his coins then someone else sells them because he needs money.
of course it wont happen  in my opinion, bitcoin is a perfect currency and i doubt that people will one day just decide to not use it
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Topic
Board Services
Re: IDS Option Signature Campaign-Weekly Payment, Easy Requirements(payout edited)
by
shugareward
on 04/09/2016, 20:33:49 UTC
Name: shugareward
Rank: Full member
Bitcoin Address: 1PQX22emzBMmxTLtKkx4HcBqTuqGTuqif5
Profile UID: 553872