What is your Advice for a new Bitcoiner? - page 2.

n2004al

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Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1. You can buy bitcoins securely at https://www.virwox.com/index.php
2. You, according to me, must hold bitcoins at least 5-10 years if you want very good return or good use of those.
3. Depends from your choices you will do and from time you have in disposition for earning bitcoin.
4. The best way to earn bitcoin is to join one signature campaign. But first you must be very active in bitcointalk in order that increase your rank. More higher the rank more bitcoin you earn.
5. I don't advice to mine. Very high the doubt of profit from the mining.

avatar_kiyoshi

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Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1. Buy bitcoin before halving time.
2. Depends on the rate you want.
3. Faucet, HYIP, MLM, and investment based on ponzi scheme, that's waste your time and waste your money too.
4. https://bitcointalksearch.org/topic/--985550
5. You should buy a hardware miner, with difficult always increased you need more hash and free electric bills.

VirosaGITS

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Quote from: CanIHazBitcoin777 on October 04, 2015, 01:05:38 AM

Quote from: nonbody on October 02, 2015, 01:39:31 PM

in terms of making more btc from your current you have 3 options: either you go all in on one investment and hope for the best, or diversify or just hold. i myself diversify as i dont have the patience nor the capital to hold btc for a few months

I`d go allin but i have other investments too, i mean i used to invest in estate but not anymore, now i`m in trading quick instruments.

I don't think buying BTC and holding is a good investment right now, i think investing to multiply your BTC is a better idea right now. Sure maybe the BTC will have skyrocketed by 2025 or 2035, which is all good, but i think we're still in the mining phase and as thus we should be getting all the BTC we can.

And that mean reinvesting wisely.

CanIHazBitcoin777

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Quote from: nonbody on October 02, 2015, 01:39:31 PM

in terms of making more btc from your current you have 3 options: either you go all in on one investment and hope for the best, or diversify or just hold. i myself diversify as i dont have the patience nor the capital to hold btc for a few months

I`d go allin but i have other investments too, i mean i used to invest in estate but not anymore, now i`m in trading quick instruments.

neonshium

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Quote from: troleybüs on October 02, 2015, 01:30:18 PM

Quote from: Hazir on October 02, 2015, 12:11:22 PM

I would be wary about using bitcoin as only investment method and source of your retirement money.
Bitcoin is unstable, we don't know what will happen in 10 year, as far as I can tell there could be total bitcoin ban and then some government coin will take over bitcoin place.

Governments can't do shit to Bitcoin. Just like they tried to censor internet and failed so hard. Price would be unstable, but I'll take that risk. It's better to invest in Bitcoin than shares in stock markets for long-term.

Yes no government can not ban internet not bitcoin. These are the good example and associated things of decentralized environment. Bitcoin find a price stabilization over time. But we can see a over all growth in price of bitcoin. History will repeats itself. So, believe in bitcoin.

nonbody

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2local[IEO] - https://2local.io/

in terms of making more btc from your current you have 3 options: either you go all in on one investment and hope for the best, or diversify or just hold. i myself diversify as i dont have the patience nor the capital to hold btc for a few months

troleybüs

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Quote from: Hazir on October 02, 2015, 12:11:22 PM

I would be wary about using bitcoin as only investment method and source of your retirement money.
Bitcoin is unstable, we don't know what will happen in 10 year, as far as I can tell there could be total bitcoin ban and then some government coin will take over bitcoin place.

Governments can't do shit to Bitcoin. Just like they tried to censor internet and failed so hard. Price would be unstable, but I'll take that risk. It's better to invest in Bitcoin than shares in stock markets for long-term.

Hazir

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★Nitrogensports.eu★

I would be wary about using bitcoin as only investment method and source of your retirement money.
Bitcoin is unstable, we don't know what will happen in 10 year, as far as I can tell there could be total bitcoin ban and then some government coin will take over bitcoin place.

Hellacopter

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Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1.you can start collect and buy as much Bitcoin as you can
2.You need to control the market daily or weekly at least
3.ponzi schemes and scammers sites, take care and don't invest there
4.Mining, trading, selling goods and services for bitcoin
5.You can check the mining space on the forum there is lot of opportunities and methods

I hope this can help you.

neonshium

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You can not ignore all the faucets just like time wasting only. Choose a good faucets which pay either higher amount once or small amount in more frequently. So, faucets also a good earning sources if we choose right ones.

Laosai

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Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

Here's my answer to your questions respectively (just my opinion):
1. Buy bitcoin when the price is still low (maybe $200 below)
2. Hold it until the price of each bitcoin will reach $1000+
3. Time wasting bitcoin earning methods? None can beat faucets.
4. Exchange your fiat to BTC or you can offer some services that you can do in exchange of BTC.
5. No idea, never tried it since I think its not profitable enough

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

Something I have learned with investments: most are scams, but others work for a while. So try some of them with small amounts (0.001 or less if you are allowed), see if they stand, and progressively add a little more. Then keep in mind that they probably will go away, and try to ROI as fast as possible (don't be greedy) and play only with the profits.

thinkinger

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Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

make your money two parts.buy btc with two parts.stay in btc for 1-12 months, with the second part you can trade.if you have time and nothing else to do than you can try faucets.stay away of cloud mining until you have full knowledge.stay away from gambling. and try to have a signature campaign.

sukamasoto

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Black Panther

Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1. When the price is cheap enough. Recently the bitcoin value keep stable so you need more time if you're looking for cheaper price
2. Depend on how much profit do you want to. Usually, most people will sell it if bitcoin value increase 2x
3. Why would waste your time if there're many ways to get bitcoin faster ?
4. By working with people and get paid for signature ( designing, coding ,etc )
5. Not profitable enough IMO

Xialla

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/dev/null

Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

oki, my personal opinions based on last 3 years here:

1* for long-term (1-5y)? any-time. really. short-term, I have weak hands:)
2* until you feel it comfortable to hodl
3* mining, cloud-mining, faucets
4* buy bitcoin for USD from you salary
5* forget about it if you want some profit and buy USB miner and RPi if you want just mine and try something new

just buy some bitcoins, transfer them to paper wallets and enjoy this board - this is what I learned in 3 years and you can do it right now and for free.)

VirosaGITS

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Quote from: asad777 on September 30, 2015, 12:15:39 PM

Quote from: ABCbits on September 30, 2015, 09:42:08 AM

I won't force new bitcoiner to buy a lot of bitcoin or something, but i'll advice these :
1. Never try ponzi/HYIP/money game/risky investment
2. Don't do faucet
3. Stay away from gambling, expect you're proffesional
4. Don't mine
5. Learn about trading for more profit
6. Try buy bitcoin if you have extra money
7. Active in bitcoin forum to get more knowledge

gambling depends on luck, so I don't know what do you mean by "expect you're proffesional"
in all cases is is so risky

With sufficient turn over, you can turn the margin into statistically safe profit turn over. For instance renting hash under the Bitcoin expected 25BTC block reward overtime become statistically profitable and you get the block fees as a safety net.

You just need to be big enough to eliminate variance, which is hard to go.

Quote from: marsmyname on October 01, 2015, 05:39:51 AM

Nice guides most essential for newbies. Many new comers like me first go to faucets then realize the importance of time.
People if share other information other OP asked would be more appreciated.
Thanks for guiding newbies....

Still don't feel shy to ask if you have questions.

marsmyname

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Nice guides most essential for newbies. Many new comers like me first go to faucets then realize the importance of time.
People if share other information other OP asked would be more appreciated.
Thanks for guiding newbies....

CanIHazBitcoin777

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Quote from: katrimans on September 29, 2015, 04:08:34 AM

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1) Now
2) Forever
3) Faucets
4) Gambling & Trading & Signature campaign
5) Only in altcoins, bitcoin mining is not profitable anymore

asad777

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Quote from: ABCbits on September 30, 2015, 09:42:08 AM

I won't force new bitcoiner to buy a lot of bitcoin or something, but i'll advice these :
1. Never try ponzi/HYIP/money game/risky investment
2. Don't do faucet
3. Stay away from gambling, expect you're proffesional
4. Don't mine
5. Learn about trading for more profit
6. Try buy bitcoin if you have extra money
7. Active in bitcoin forum to get more knowledge

gambling depends on luck, so I don't know what do you mean by "expect you're proffesional"
in all cases is is so risky

ABCbits

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Crypto Swap Exchange

I won't force new bitcoiner to buy a lot of bitcoin or something, but i'll advice these :
1. Never try ponzi/HYIP/money game/risky investment
2. Don't do faucet
3. Stay away from gambling, expect you're proffesional
4. Don't mine
5. Learn about trading for more profit
6. Try buy bitcoin if you have extra money
7. Active in bitcoin forum to get more knowledge

Topic: What is your Advice for a new Bitcoiner? - page 2. (Read 3274 times)