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[m_cel]

I'm still new about Bitcoin. I don't have much idea about it but I've heard that it's a good investment. I read some articles but I'm still confused how it works.

Hope you give some insights about being a good investor in Bitcoin. I'm hoping to generate higher profit from investing to Bitcoin.

 

[krishnasriram]

learn 3 things
1 what is cryptocurrency
2.Mining
3 Trading

 

[m_cel]

learn 3 things
1 what is cryptocurrency
2.Mining
3 Trading

I'll study more about those three things. Bitcoin is a hot issue right now so I got curious. Thank you, sir!

 

[Medowriter]

Bitcoin is digital currency majorly used for online transactions, it can be mined, claimed in smaller units referred to as Satoshi and you can invest in it to earn more though there are lots of sites that are scam. You store bitcoin in wallets like Blockchain, coinbase, koinpro etc.

 

[m_cel]

Bitcoin is digital currency majorly used for online transactions, it can be mined, claimed in smaller units referred to as Satoshi and you can invest in it to earn more though there are lots of sites that are scam. You store bitcoin in wallets like Blockchain, coinbase, koinpro etc.

Yes, I've heard it's kind of risky because of those fake sites. Those you mentioned stores bitcoin, are they legit? Who are the top performing bitcoin and most trusted sites?

 

[overcast]

Not a bitcoin investor. But currently bitcoin is in bubble and high priced. So don't invest. Better go with monero, dash, ether, and other currencies. Never invest into anything when it's price is high. Invest when the price is low or moderate. so better to skip bitcoin and it's forks for now.

 

[HJVC Notes]

I don't have much idea about it but I've heard that it's a good investment.

Read bitcoin news everyday at bitcoinforecast.com.

I read some articles but I'm still confused how it works.

When an elementary student answer correctly 1+1=2, her mother will buy french fries in Mchdonalds as a reward. Bitcoin is like that. Computer is the elementary student, 1+1=2 is the mathematical problem, mother is the bitcoin then it can be converted into cash to buy french fries in Mcdonalds.

Hope you give some insights about being a good investor in Bitcoin.

Read my toturial entitled "Trade Bitcoins Without Fees and Lossing (PH Only)"- https://www.beermoneyforum.com/threads/trade-bitcoins-without-fees-and-lossing-ph-only.8540/

 

[m_cel]

[QUOTE="Read my toturial entitled "Trade Bitcoins Without Fees and Lossing (PH Only)"- https://www.beermoneyforum.com/threads/trade-bitcoins-without-fees-and-lossing-ph-only.8540/[/QUOTE]

Thank you, sir. My friend told me that his friend got P100k in bitcoin I couldn't recall what site but he just invested a small amount then he grew it for P100k then this month I've watched news telling bitcoin is a phenomenal for doing business in online.

 

[overcast]

It seems you are from philipines. and there are plenty of philipines bloggers from youtube who are doing the promotion of the bitcoin. i think in such context it'd be reasonable to make use of the bitcoin. and you can also learn from them. I suggest contacting any local friends they can teach you lot faster than forum.

 

[m_cel]

Not a bitcoin investor. But currently bitcoin is in bubble and high priced. So don't invest. Better go with monero, dash, ether, and other currencies. Never invest into anything when it's price is high. Invest when the price is low or moderate. so better to skip bitcoin and it's forks for now.

I'm not familiar with monero, dash and ether. I'll study them first before investing to anything. Thank you for good reminders.

 

[overcast]

Yes do study them. They are anonymous. And they are going to be future replacement of the bitcoin in a way. though bitcoin contrinues to remain the popular. but these other currencies. they seem to be taking a lot of populiaryty in terms of use.

 

[leann0726]

I personally don't suggest investing on bitcoin. much better mine some bitcoin and from what you have earned from mining you may start to invest on some paying mining sites/ bitcoin generator such as genesis mining and more of them but you have to pay some fees though.

 

[m_cel]

It seems you are from philipines. and there are plenty of philipines bloggers from youtube who are doing the promotion of the bitcoin. i think in such context it'd be reasonable to make use of the bitcoin. and you can also learn from them. I suggest contacting any local friends they can teach you lot faster than forum.

Yes, I'm from the Philippines. When I heard that someone got P100k I was amazed because it's a big amount of money even an ordinary employee can't earn that for such short time of period. I know not all of them can't make huge amount, sometimes luck should be on your side though.

 

[asumi]

Bitcoin is digital currency majorly used for online transactions, it can be mined, claimed in smaller units referred to as Satoshi and you can invest in it to earn more though there are lots of sites that are scam. You store bitcoin in wallets like Blockchain, coinbase, koinpro etc.

hello nice information i want to learn More ! can you Transfer ? coinbase bitcoin wallets to paypal??

 

[leann0726]

Yes, I'm from the Philippines. When I heard that someone got P100k I was amazed because it's a big amount of money even an ordinary employee can't earn that for such short time of period. I know not all of them can't make huge amount, sometimes luck should be on your side though.

bro, its not an overnight mining bitcoin even if your going to use paying mining sites. it takes time and lots of CPU usage of your computer. I'm from Philippines too and currently on bitcoin and other crypto currency.

 

[Devil Singh]

Invest in btc these days as its around 6-8000$ usd and got crashed from 20k $$$ so it will rise again after few months better to trade and buy these days !!.Thankyou .

 

[xXInfectedXx]

I'm not a bitcoin expert, I was actually new to Bitcoin and I didn't know what wallet to use, and Mr B told to use Blockchain. Learnt a bit more about crytocurrencys now. My advice to you is:

1. Buying and Selling
2.Mining
3 Trading

 

[tusziget]

You don't have to be expert to have Bitcoins in your wallet.Well,it is good to have knowledge about Bitcoins,where to store them,how to earn them,but within couple of days you can learn the basics of Bitcoin.You can earn Bitcoins from faucets,or buy them from different exchange sites and store them in a wallet(Coinbase,Blockchain).

 

[Brain]

Investing in Bitcoin even now is still a good investment. It is a matter of learning about when to buy and when to sell just like the stock market. But for gambling with Bitcoin just take a little precaution

 

[SCAMEXPOSER]

Complete information about digital currencies is impossible but having the basics help a lot. Investing in Crypto currencies required patience, monitoring and timing.