
Steve5
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How can one earn with different lesser known cryptocurrencies?
Steve5 replied to Kakashi2020's topic in Altcoins
I agree. You do have to shell out cash in order to get somewhere. Just make sure you know what you're doing. Getting well informed on bitcoin and other cryptocurrency would be the best thing to do. Knowledge before investing is a must. 😁 -
That makes me wonder what else they're doing. Because other banks have dutifully adapted to bitcoin. They charge you more with their added fee simply to convert them directly to your bank account. And they're earning lots of money because of it. 😂
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I feel like there were so much limitations back then. It's like you had to fly to another country just to be able to purchase bitcoin. Maybe you could also pay someone to buy it for you. I don't know. The possibilities are endless. But the past is already written. All we can do is speculate. Still, it's fun to think about what could have been, don't you think so? 😃
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I feel you. While you'd like to earn more money, it might not be worth it if you can't make it work. A good plan and strategy is needed. It's still an investment of your money. So better make it count if you decide to have one. 😁
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Me too. Besides, it's too complicated for me to even begin to understand how it works. This is probably one of those stuff techie people are good at. We might be better off investing on bitcoin instead. 😂
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That's the spirit. Now you only have to find proper instructions on Google about how to build it. Maybe you can find one on YouTube. Everything's practically on the internet these days. So much easier to learn things online. 😂
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I think so too. I've heard that it's also an investment. Well, you do have to spend money to earn lots of money. This is why rich people only become more of what they already are. Because they can afford to invest their money on such stuff. 😁
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Why didn't you invest in Bitcoin earlier?
Steve5 replied to Kakashi2020's topic in General Discussion
Same here. I also knew nothing about it except that it was a new experimental currency. In a way, I knew it would skyrocket in the future. But lacking both in knowledge and financial capability, I couldn't really afford it. Though, if I had even so much as invested a hundred dollars on it, I'd be so much richer right now. 😂 -
I think so too. It's possible that bitcoin will become even more valuable once it's accepted by other markets. Online stores are probably looking into it. Others are just more open with experimenting on bitcoin and other cryptocurrency. 😁
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I've also heard about this. I guess other countries just aren't comfortable with the whole cryptocurrency prevalence nowadays. I don't know if they'll change their minds anytime soon. Let's just make do with other ways of obtaining bitcoin. 😶
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I haven't heard about it. Though, it's probably because it's in the Philippines. I'm glad that you guys have a working cryptocurrency wallet. Makes it so much easier to store bitcoin. Hope it stays reliable and secure as time goes by. 😃
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I wonder how it will happen. I hope it doesn't happen too soon. Many people have already invested a lot of their money on bitcoin. I hope that before the bubble bursts, they can break even. It would be tragic to lose thousands of money's worth. 😶
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That's kind of funny and scary at the same time. It could be just troublesome worrying on our part. But it could also be that cryptocurency is on its way to failure. Though, I wouldn't count on it happening. It's a very stable and reliable online currency. Especially, bitcoin. Let's just see how things go. 😂
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I don't know. But knowing the success of bitcoin, I don't think this will be solved any time soon. This could remain a mystery for a very long period of time. Maybe even to the point of remaining unsolved for decades to come. 😂
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I think so too. It's nothing permanent. In fact, this is how most bitcoin users earn money. They buy at its possible lowest price. Then, they sell it for a good profitable amount once the price goes back up again. 😁
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Wow! That was a long time ago. Almost 10 years since that time. I guess we're wondering what it would've been like to have invested as early as that. I imagine people easily becoming millionaires if they'd known it would grow like this. 😂
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What is the most attractive quality of Bitcoin?
Steve5 replied to Kakashi2020's topic in General Discussion
The most attractive quality of bitcoin is its unpredictability. You're never quite sure where it will go. One moment its price goes down. Then it immediately goes up. So it's really a process of patiently waiting for the best time to buy and sell. 😂 -
That's right. And with cryptocurrency, we learn how to better handle our finances. Whether it be from research or personal experience. Even small investments mean something when they appreciate and you earn money. 😁
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How can one earn with different lesser known cryptocurrencies?
Steve5 replied to Kakashi2020's topic in Altcoins
Yes, you're right. It's worth it to buy bitcoin since the price eventually goes back up. You're more likely to earn money there than relying on faucets alone. It's not even that helpful. -
I think it's safe. Especially, if you're using one that's widely recognized. But it won't hurt to be safe. So always check your security. Never let huge money sit in your wallet for a long time.
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Yeah. You're right. It's cool that you got to see it firsthand. Now you're aware of how it can change people's lives. But I'm not sure if he became rich. If he'd kept it until around 2017, then he probably did.
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You have a point. It also depends on the amount of money you put in. It's safer to keep it at a low amount. That way, you minimize your potential loss.
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Well, that's one thing. People will learn from their mistakes. We can only hope that they're able to bounce back from this setback. It would be very sad if they lost a lot of money investing in cryptocurrency. 😂
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That's sad yet funny. It could mean that your friend became rich overnight. I don't know. I'm not exactly sure how much it was back then. It could be that he just gained a couple of hundred dollars. Anyway, bitcoin really only became high value in the recent years. If only we could go back. 😂
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Well, they have a point. The basic rule of risk taking is you can't earn big if you don't risk a lot. But that's never the best way to earn money. Some might get lucky. But a lot of times people end up becoming broke due to their misguided dreams. 😂