Profit or No profit? - page 3. | Bitcointalksearch.org

MD Milon

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

handini

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Quote from: CodeGroup4 on December 18, 2017, 12:51:38 PM

You can make a profit by selling your bitcoin. But if your bitcoin buying price is higher than the selling price, you will incur loss instead of profit.

that's right, with we sell the bitcoin we have, of course we get big enough profit, with note that bitcoin price that price is going up, not down. then the coin price rises it when we sell must get a profit.

reda

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Bitccoin is future digital currecny. So it will help to for the future invest. Bitcoin is easy way to get more profit. If need to get profit you willl know the bitcoin process. Then you will know how to get the profit and more income. Bitcoin is connect the all country people. So you will get information and share other informatin. If need information check the market places. You will get some ideas for future geowth.

ArnoldChippy

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Quote from: gabmen on December 18, 2017, 12:23:32 PM

Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

The trick is for the long run. Imagine if you managed to get in an held btcs from last year? Your investments would've been almost 10 times its original value. For me, if you really nees it, then withdraw what you need and keep everything where they are

Still it will be a good decision if we can hold our bitcoin. No doubt that people have got more than 10 time profit as compare to the origional value of bitcoin but i think that still it can give us a good profit if we will mange to hold our bitcoin for some more time. Because bitcoin still has the potential and its price will continue increasing for a long time and even those people who will invest money in bitcoin right now they will also get a good profit after some time. Therefore i think holding bitcoin will be a good decision in present time.

joebrook

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

Bitcoin even though the value is high is useless until it is cashed out for fiat in the process and for you to profit with bitcoins after buying, the value has to rise so that we can make some profit, when that doesn't you are just not profiting at all.

SiDtHeBeSt

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Yeah I think you should cash out when you have got enough of profit and expecting bitcoin's value to fall. That would be profitable for you. Also they calculate the price of online things as in the value of bitcoin currently of course. Or no one would actually buy those things with bitcoins. If you had invested earlier in bitcoin your money would surely have increased alot as bitcoin has grown alot lately, so you will gain alot of profit of course.

gantez

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

I would react to this- "When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? " ....To this extent, I do believe that your bitcoin value will be equated with the dollar value when you want to shop or buy something. This is how it is to me when I want to buy.

squatz1

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Flying Hellfish is a Commie

A lot of the profits that people have right now, are the same profits that you're describing. It's the paper profit, something that a lot of people mistake for real profit as they think that they're going to be able to sell at some point (I'm talking themselves being allowed to sell, facilitated by THEMSELVES PSYCHOLOGICALLY)

So profit is only realized when you fully sell for Fiat and have the money in a safe place, be it your bank account or some other safe spot for you.

dvillier

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Quote from: gabmen on December 18, 2017, 12:23:32 PM

Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

The trick is for the long run. Imagine if you managed to get in an held btcs from last year? Your investments would've been almost 10 times its original value. For me, if you really nees it, then withdraw what you need and keep everything where they are

The profit of the bitcoin depend upon on your investment in the bitcoin and also it depend on the time for how long you hold these bitcoin. If you make high investment and hold your bitcoin for a long time then your profit will be definitely high. If you invest low income in the bitcoin and hold them for long time then it will also generate a good benefit but if you invest a low income and hold fir a short time then you profit will be low or may be not profit.

CodeGroup4

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You can make a profit by selling your bitcoin. But if your bitcoin buying price is higher than the selling price, you will incur loss instead of profit.

gabmen

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

The trick is for the long run. Imagine if you managed to get in an held btcs from last year? Your investments would've been almost 10 times its original value. For me, if you really nees it, then withdraw what you need and keep everything where they are

nikjain422

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Don't you think you are expecting something which is irrelevant in terms of market trading. You are buying something today and you want its prices to be of last year,this not business.If you want profit from bitcoin you have to do what every body does that buying in low price and selling it in high price that's the only way to make profit.Not just with bitcoin it is same with every cryptocurrency. You can decide whether you want to sell your btc to get other alt coin or in fiat.

eann014

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

Your bitcoin amount would still the same on how much you put in your wallet, if you want to buy something online then the amount of that stuff will compute on how much is that stuff in your currency. If you already gain profit in your wallet with your currency it will still there as long as you are just spending the amount of what you are buying.

Blue Bell

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

Bitcoin is full of profit there is no chance of any lose here what is important here that is its price always check the price f bitcoin because bitcoin price really matter if you will not check the price of bitcoin then you can less lose here otherwise bitcoin is only profit two months before I did a mistake and one day I did not check the price of bitcoin and I sell all my bitcoins and as a result I lose in bitcoin and know I can’t forget that moment because that was my own mistake.

SUDARMONO

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if you invest in the short term maybe you will only find 10-20% profit to be able to buy shirts, you can earn trading bitcoin profit and take some to feel the benefits of bitcoin.

rphk

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Exchange of BTC to dollars happens at the current rate with BTC. so it is worth buying when BTC rate increases , so you can buy shirt or any goods or any item with lesser BTC amount . It is always best to buy BTC at lower rate and sell it at higher rate. so when you buy any goods it is beneficial for you because you are buying items or shirt at lesser BTC rates . now BTC rate is increasing rapidly day by day.

yohan09

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Eventually, everybody loves profit, so therefore in behalf of my part, bitcoins are very good source of income and i know few days from now, bitcoins will reach into thousand or hundred thousand perhaps then today is the good chance to invest.

nydiacaskey01

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.

Its not a trophy that when you earned it all you have to do is display in a good trophy case and that's it. You have to use it so that circulation of Bitcoin will continue but of course make sure that what you will spend is already the profits/fruits of your labor from you capital. You have to enjoy and your profits or else whats the purpose of investing in it.

Amelial

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We have to change btc to other currency money so you can be a holding btc for a long time

amacar2

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Quote from: sann111 on December 17, 2017, 09:48:35 PM

Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?

- Yes if you need to pull out profit you have to exchange bitcoin for USD or your local fiat wit bitcoin ATM near by you.
- It depends upon on the merchants from where you are buying those tshirt or any other items, mostly they will set price in fiat and bitpay like third party payment processors will automatically show amount of bitcoin equal to that amount at the time of purchase.
- Bitcoin was worthless when it was first mined so virtually its price started with zero $ per bitcoin.

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