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Topic: Is it too late to start with bitcoin? - page 9. (Read 10526 times)

legendary
Activity: 3472
Merit: 3217
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April 04, 2016, 01:38:16 PM
#64
Im new to bitcoin and i have been dealing only with faucets but they are very boring but the other ways to earn bitcoins needs knowlege and i have seen that bitcoins are beeing all mined. So does it has place for we begginers?

Everyone begins somewhere and no it's not too late to begin with Bitcoin. I understand that the faucets might be boring and mining might not be for you. If you have any questions about Bitcoin please PM me.
Yeah its still not too late there many chance that the price will increase again.. and i think its better to start collecting bitcoin right now before halving.. so that you can make a profit if you hold all your bitcoins until halving..
Faucet is waste of time and mining for now is not profitable.. you can make more bitcoin in many ways you can try also join signature camapign..
member
Activity: 84
Merit: 10
April 04, 2016, 11:57:44 AM
#63
Im new to bitcoin and i have been dealing only with faucets but they are very boring but the other ways to earn bitcoins needs knowlege and i have seen that bitcoins are beeing all mined. So does it has place for we begginers?

Everyone begins somewhere and no it's not too late to begin with Bitcoin. I understand that the faucets might be boring and mining might not be for you. If you have any questions about Bitcoin please PM me.
newbie
Activity: 18
Merit: 0
April 04, 2016, 11:49:00 AM
#62
It's never too late  Wink
hero member
Activity: 1190
Merit: 525
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April 04, 2016, 11:28:06 AM
#61
It's a currency trading like any other countries money. You just need to do a job and will earn in BTC. Never will be late for it.

But surely who started years ago have more advantages because the BTC price increased a lot between this period. But who knows? Maybe the BTC can continue increasing and if you hold it on your pocket you can be very successfully in the future.
legendary
Activity: 1274
Merit: 1001
April 04, 2016, 11:27:44 AM
#60
Bitcoin being made on 2009 but I was know bitcoin on 2014
People can judge that I'm already late but as long as you have some determination to keep learning new technology ( bitcoin ) you are never late to starting now
hero member
Activity: 631
Merit: 500
April 04, 2016, 11:10:42 AM
#59
Still its a good time to enter bitcoin because bitcoin has a lot of potential in future so you are not late, welcome to bitcoin world
hero member
Activity: 840
Merit: 1000
April 04, 2016, 11:04:38 AM
#58
I think I was too late to start with bitcoin, as I entered the world of bitcoin 1 year ago, If I would be an early adoptor then I think scenario would be different for me.
sr. member
Activity: 532
Merit: 253
April 04, 2016, 10:52:48 AM
#57
Im new to bitcoin and i have been dealing only with faucets but they are very boring but the other ways to earn bitcoins needs knowlege and i have seen that bitcoins are beeing all mined. So does it has place for we begginers?

no it's no late to start whit bitcoin, it's better a little late than never. You can check bitcoin.com for the majority of the info or maybe take a look on the various section of the forum, welcome on board.
legendary
Activity: 1638
Merit: 1163
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April 04, 2016, 09:57:13 AM
#56
you can start with some cheap altcoins and do some trading.

Don't entirely go with altcoin trading. Altcoins give profit only at some specific times when it experience price increase. Bitcoin is not the same. It has got a stable growth, so trading won't get affected.

stay away from low value altcoins, they are scams, go with big trusted ones like ethereum or dogecoin.

you can trade them easily and it can make some profit.
New alts are usually pump and dump projects created simply for that purpose. So yes, stay away if you are newbie - if you are old wolf you can try to trade it and you could be lucky.
If you could trade DOGE or ETH then you can also trade BTC on the same level without problems. With halving approaching I think there will be more room for speculation in the future.


I think altcoins are an excellent place for any beginner to start their journey to learn how to trade. of course not all of them are a good start but that is a part of the learning experience.
since the market is smaller and changer are bigger there is more chance of profiting and it is a good way of turning small amounts of bitcoin into much more.
hero member
Activity: 2646
Merit: 548
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April 04, 2016, 07:31:31 AM
#55
you can start with some cheap altcoins and do some trading.

Don't entirely go with altcoin trading. Altcoins give profit only at some specific times when it experience price increase. Bitcoin is not the same. It has got a stable growth, so trading won't get affected.

stay away from low value altcoins, they are scams, go with big trusted ones like ethereum or dogecoin.

you can trade them easily and it can make some profit.

Only at times you could see these altcoins grow and gives good profit on trading. Bitcoin is different from those, it has a stabilized and gradually increasing factor which gives profit any time based on its price.
full member
Activity: 210
Merit: 100
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April 04, 2016, 06:22:58 AM
#54
Im new to bitcoin and i have been dealing only with faucets but they are very boring but the other ways to earn bitcoins needs knowlege and i have seen that bitcoins are beeing all mined. So does it has place for we begginers?

It is never too late to start on something. It is good that at least you had some knowledge in bitcoin by earning from faucets. To me this was a nice decision you made and a proper way to start. Another important decision that you made was joining this forum. From this group you will be able to learn a lot in regard to bitcoin. Take your time to go through the various topics and sections and educate and update yourself on what's trending in bitcoin.
legendary
Activity: 1078
Merit: 1011
April 04, 2016, 05:51:41 AM
#53
Yes but you have started in onther time. Now bitcoin is very hard to get it

It is just as easy to get as it ever was, it is just more valuable now in terms of Fiat so you get a smaller fraction of a bitcoin than people would have years ago. You go to a faucet today, and you might make 20 cents or about ~0.0005 BTC after some effort. Five years ago you could have earned 1 Bitcoin with a bit of effort, but at the time it was worth that same 20 cents. So in terms of Fiat value, you are getting the same amount for your effort.
newbie
Activity: 30
Merit: 0
April 04, 2016, 12:41:30 AM
#52
It is if you don't even work.
legendary
Activity: 1400
Merit: 1001
April 04, 2016, 12:27:56 AM
#51
you can start with some cheap altcoins and do some trading.

Don't entirely go with altcoin trading. Altcoins give profit only at some specific times when it experience price increase. Bitcoin is not the same. It has got a stable growth, so trading won't get affected.

stay away from low value altcoins, they are scams, go with big trusted ones like ethereum or dogecoin.

you can trade them easily and it can make some profit.
New alts are usually pump and dump projects created simply for that purpose. So yes, stay away if you are newbie - if you are old wolf you can try to trade it and you could be lucky.
If you could trade DOGE or ETH then you can also trade BTC on the same level without problems. With halving approaching I think there will be more room for speculation in the future.
legendary
Activity: 1050
Merit: 1001
April 03, 2016, 10:54:42 PM
#50
instead of mining, I would suggest buy some Bitcoins. Because, mining requires specified equipments which is high cost and it takes some time to get ROI. In the mean time, you may get some decent amount by trading.
yeaa basically mining is still profitable , but nowadays a home mining/solo mining or even small farm mining will not give you a profit.
trading is a better option for now yeaaa.
however there is no words "too late" to getting start , so go ahead.
sr. member
Activity: 428
Merit: 250
April 03, 2016, 10:31:24 PM
#49
you can start with some cheap altcoins and do some trading.

Don't entirely go with altcoin trading. Altcoins give profit only at some specific times when it experience price increase. Bitcoin is not the same. It has got a stable growth, so trading won't get affected.

stay away from low value altcoins, they are scams, go with big trusted ones like ethereum or dogecoin.

you can trade them easily and it can make some profit.
member
Activity: 98
Merit: 10
April 03, 2016, 10:18:49 PM
#48
We always welcome everyone, start now ,at least you will be earlier than other that didnt start now Smiley
legendary
Activity: 3234
Merit: 1214
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April 03, 2016, 10:16:23 PM
#47
you can start with some cheap altcoins and do some trading.

Don't entirely go with altcoin trading. Altcoins give profit only at some specific times when it experience price increase. Bitcoin is not the same. It has got a stable growth, so trading won't get affected.
hero member
Activity: 770
Merit: 500
April 03, 2016, 09:56:48 PM
#46
instead of mining, I would suggest buy some Bitcoins. Because, mining requires specified equipments which is high cost and it takes some time to get ROI. In the mean time, you may get some decent amount by trading.
sr. member
Activity: 350
Merit: 250
April 03, 2016, 02:45:34 PM
#45
There is a one famous quote, posted my some veteran member here :

Quote
The late adopters of bitcoin yet to born.

Believe. This is 100% true. Bitcoin is going to be global payment method. It's value may hit unimaginable levels.

So, mining bitcoin or saving bitcoin are still possible but requires reasonable higher set up/cost as per present trend.
Yes, definitely it is not "too late' to start with bitcoin. But late...
Thats exactly what people thought, when bitcoin hit $1 for the first time. Wink
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