Topic: Bitcoin, is it worth spending time collecting it? - page 24. (Read 14704 times)
Of course that it is worth spending time collecting Bitcoin. If you bothered to check its performance for the last 5 years you will be sure that bitcoin is one of the best investments you could go for. At least I keep gathering everything I can, because I’m pretty sure I’ll see it above $10k
Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.
I Guess having a balance would do me good. Both to deposit and to trade. I have a fine payroll so if not all faucets and if not all trades, then I guess 50-50 would just do fine.
No, I wouldn't suggest collecting bitcoin thru faucet, it's not worth at all and too risk to visit bitcoin site nowadays, which means you should be more careful, I found so many bitcoin site service which contain malware/malicious thing inside the site or any file into the site (including faucet too).
Better to do more trading, you will gain good experience while do trading, it's more efficient, more worth and the coolest one.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
In my opinion if you are newbie and no one helping you to learn bitcoin and its basic systems than it is hard working to make money from it than Doing a daily job .I my self found it a very complicated to understand but after loss of much internet data at YouTube I learned about it in better way .
And it is a simple in bitcoin to loss your investment because nothing is sure in bitcoin like price ( rate ) , And second things many cloudmining pozi schemes sites , and other somes sites which are legit are not much profitable .
So take every action after thinking twice in bitcoin .
hey sir, it is definitely worth collecting bitcoin, especially now the price is down it's a great opportunity to buy/collect bitcoin, and wait til the price is up again.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you mean to quit your daily job just to collect or earn bitcoin, NOPE its not worth it. Why? Obviously cause your income is greater
. Regarding the investment thing, Also No cause when I started using bitcoin the price is much lower than the current price right now . It is true that bitcoins price decreased but it's nothing to worry about, We all know that if there is a pump then there will be dump . We have experienced a non-stop pump so this is just normal .
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
What do you mean by collect? I would recommend for you daily job and then from money you earn, buy bitcoin.Collecting from faucets or any other means are far far far less efficent than actually working and buying bitcoin from your payroll.
By collect I mean to buy
So its seems like a long term deposit which would finally end up in benefits right? I mean has it ever happend that it let you down? Expecting to be received benefit yet you don't?
it is certainly worth using bitcoin, and buying to spend bitcoin has many benefits but it seems like your question is mostly an speculation question.
in that case it is all about the price and you are ignoring all other benefits and features bitcoin is offering.
and about the price, it has been good so far. if you look at the history of price, it has been going up from the start but sadly it has become the manipulation toy of some people and caused bubbles such as the famous $1200 bubble in 2013 and some smaller price but yet big bubbles before it. and also some smaller bubbles after.
in short if you invest in bitcoin for long term and only buy in the dips, you won't regret it.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you want to collect bitcoin there are several ways of collecting bitcoin, there is bitcoin were you can get as free through faucets but the disadvantage it will take a lone time before you get big amount of it. And you can collect bitcoin through investment if the price value of it is low at the presence and you will get a benefits of it if you hold and keep it for awhile until such the right time comes to sell it at the high price.
If you're thinking to collect or having Bitcoin from buying you should wait when the price is cheap and i think now is a good day to buy Bitcoin, currently Bitcoin price is down and wait untill six or one years and you will see the price up, but you should be carefull if buy Bitcoin with money for your daily living cost because Bitcoin is for long term investment
Like a Life insurance. Thank you. I'll keep that in mind
Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.
I Guess having a balance would do me good. Both to deposit and to trade. I have a fine payroll so if not all faucets and if not all trades, then I guess 50-50 would just do fine.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you mean faucets then you are wasting your time even if you live in a country where the average salary is very low, collecting from faucets or getting giveaways is not an efficient way to get bitcoin, keep your job and get some bitcoins then if you study you can start trading, which is a good source of money for those with the right skills.I would definitely go for trading not faucets.
If you're thinking to collect or having Bitcoin from buying you should wait when the price is cheap and i think now is a good day to buy Bitcoin, currently Bitcoin price is down and wait untill six or one years and you will see the price up, but you should be carefull if buy Bitcoin with money for your daily living cost because Bitcoin is for long term investment
Even from faucets collecting bitcoin is worth of spending time on it, if you are with plans to hold for a long time. Price movement takes place often, but long term holders get a big profit with respect to time period. This makes even the earning got from faucets highly valuable. For short term needs faucets don't give us good earning for the time spent.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
If you mean faucets then you are wasting your time even if you live in a country where the average salary is very low, collecting from faucets or getting giveaways is not an efficient way to get bitcoin, keep your job and get some bitcoins then if you study you can start trading, which is a good source of money for those with the right skills. Is it worth spending time to collect Bitcoin rather than having a daily job?
No, not worth it, work in real life, and just invest in bitcoin... There is no real substitute in having a day job and having a steady income... Risking your money if you want to invest in bitcoin is like betting in gambling with the price, too unpredictable...
What I mean is that can bitcoin be more economical?
Nope it's not, on the other side, if you have problem going out to work suffering deductions due to late/traffic congestion on the streets in where you live, you could really try home based jobs but do not focus well in bitcoin, try other jobs...
Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
I haven't heard any, but who will tell their stories in forum where success is the only talk of the forumites... Probably many just silent about it and just doing their best right now to make a success story...
Anyway, OP, do you have a day job?
Wow I didn't look at it from that point of view. I have 4 jobs actually. 2 are sitting behind the computer at home, and the other two requires my presence.
Yeah but success is defined only by failure....pros vs. Cons.... Any one can guess about the pros and advantages but its cons I'm looking for. I want to look at it at a greater and wider angle and then yeah I'll go for it.
Is it worth spending time to collect Bitcoin rather than having a daily job?
No, not worth it, work in real life, and just invest in bitcoin... There is no real substitute in having a day job and having a steady income... Risking your money if you want to invest in bitcoin is like betting in gambling with the price, too unpredictable...
What I mean is that can bitcoin be more economical?
Nope it's not, on the other side, if you have problem going out to work suffering deductions due to late/traffic congestion on the streets in where you live, you could really try home based jobs but do not focus well in bitcoin, try other jobs...
Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
I haven't heard any, but who will tell their stories in forum where success is the only talk of the forumites... Probably many just silent about it and just doing their best right now to make a success story...
Anyway, OP, do you have a day job?
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
if it should choose bitcoin or daily job I prefer to daily job than bitcoin because I earned a fixed salary in daily job my life needs to use money from the daily job is not bitcoin.all investments can also experience loss not all benefit
Yeah I agree. But since investing on bitcoin is another way to make profit I would go for it. But I will only if I get to a certain point that it is worth spending my payroll on and I would thank you for your response. This is a digital investment so yes I would definitely take risks into account.
Just work for it if you are jobless right now, use the money you have to survive in real life. If you want to invest in bitcoin, study first how the market moves, observe how people behave when there is a price surge and free fall, if you won't panic each time you see erratic price movement, then invest, but if you feel like you are going to panic, investing in bitcoin won't be good for you, just work for it.
Great instructions.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
if it should choose bitcoin or daily job I prefer to daily job than bitcoin because I earned a fixed salary in daily job my life needs to use money from the daily job is not bitcoin.all investments can also experience loss not all benefit
Just work for it if you are jobless right now, use the money you have to survive in real life. If you want to invest in bitcoin, study first how the market moves, observe how people behave when there is a price surge and free fall, if you won't panic each time you see erratic price movement, then invest, but if you feel like you are going to panic, investing in bitcoin won't be good for you, just work for it.
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
Well, it's better to have many source of income so having both your job and doing some investment in bitcoin is good. Just try to evaluate yourself because if you want to focus with only one, you have to sacrifice the other. Bitcoin can give you more income but it's a little bit risky than having a job. It's your call bro.Thank you my friend. I would keep a balance between depositing and working with it and that I would keep my job also.
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