Can people Make money from Bitcoin ?

January 15, 2018 12:28am CST
Can people make money from Bitcoin? What do you think of Bitcoin
5 people like this
9 responses
• United States
15 Jan 18
From what I have heard it is too risky at this time. The amounts fluxuate way you much, not a very stable market to invest in.
3 people like this
@rheicel (7065)
• Philippines
15 Jan 18
My friend told me that the price per unit is soaring high so it's not the good time to invest in Bitcoin. If you're really want to invest in it make sure you invest in an amount of money that you can afford to lose.
3 people like this
@louievill (28851)
• Philippines
15 Jan 18
It's very hard to make money on btc now, the price is too high, you should gotten it months or years ago, it's either that or you are willing to risk a lot of money and wait for it to go up some more
2 people like this
15 Jan 18
now I hear that most countries don't like bitcoin
3 people like this
@louievill (28851)
• Philippines
15 Jan 18
@linusdsa I don't know about yours but so far the Philippines is a cryptocurrency friendly country. It's mostly only goverments who hate it so they put bans and regulations, people in general who learn it and are making money from it or use it as long term investment loves it.
2 people like this
@edevis18 (349)
• Maracaibo, Venezuela
15 Jan 18
Bitcoin is a good currency, one of the most important in the world. But at the moment it has a very high price and its commission rates are high. It is a little risky, however there are many other cryptocurrencies that are good to use as Dogecoin, Litecoin, Dash, Ripple, ByeCoin. That has very low commissions and allow trading also in trading
2 people like this
16 Jan 18
It depends on how you are planning to use this cryptocurrency. If you are planning to engage in Trading, you can earn by analyzing whether Bitcoin price will go up or down. Depending on were you will bet and which way the bitcoin price will go, then you might earn else loose. Trading is very risky - it is the easiest way to earn but also the easiest way to loose. Try to check about Bitcoin mining, it might help. You can also check a platform where you can buy Bitcoins and keep it there for a while until the price goes up again but hey, I am not telling you that it will go up after sometime, because actually nobody knows what will be the future of Bitcoins as it keeps on dipping down this month compare to last month.
1 person likes this
@aoc354 (35)
• Philippines
17 Jan 18
Anyone can make money from bitcoin. It's like investing in the stock market. Buy low and sell high. I like using digital currency in our country. It's very convenient because you don't need to stand in a queue.
1 person likes this
@LadyDuck (472060)
• Switzerland
15 Jan 18
I think it's late now to make money with Bitcoin. I would avoid, it's a risky currency.
@LadyDuck (472060)
• Switzerland
20 Jan 18
@linusdsa It is a personal choice also to invest in the stock market, you can make money, you can lose money. You asked our opinion, I gave mine.
20 Jan 18
But I feel it depends on each one choice and people are making money investing in bitcoins
1 person likes this
@mohit459 (12565)
• Haldwani, India
15 Jan 18
Ya it's a great way to generate income!.. But you need quite huge investment for this
1 person likes this
@aureliah (24322)
• Kenya
15 Jan 18
I have heard people make big money but I dont know how.
1 person likes this