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Author Topic: Virtual Currency  (Read 213 times)

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Offline wikifarmer

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Virtual Currency
« on: June 14, 2017, 02:11:21 PM »
Does investing on crypto currencies do any good to us, Initially i have been hearing a lot about cyrpto currencies especially bitcoins and as of today value of one bitcoin is more than 2500 dollars and it is fast growing , so i have been thing from past two months to invest money on bitcoins. But my greatest fear is what if it turns out to be a scam and since it is an online currency , it might even be vulnerable to cyber attacks, so I m trying find any legit and secure bitcoin earning, trading or investing website , So I would really appreciate any suggestions and also I wanted to know which bitcoin wallet is best.
Based on my research I have found That You are not allowed to view links. Register or Login is website that pays 4 percent interest and also offers free bitcoins, so is it a good website, please provide some reviews.

 

Offline VinayaSpeaks

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Re: Virtual Currency
« Reply #1 on: June 15, 2017, 08:39:05 PM »
Crypto currency investment is very risky. Recently I lost $150 worth bitcoin. I had put this money on a mining company that was working since a year and had good reputation. The website even paid me the earnings I accumulated, but I could not recover my investment. Even a four year old company may cheat you. Therefore crypto currency investment is very risky.

Re: Virtual Currency
« Reply #1 on: June 15, 2017, 08:39:05 PM »
Ebates Coupons and Cash Back

Online Kgord

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Re: Virtual Currency
« Reply #2 on: July 03, 2017, 03:30:43 PM »
I think I am going to stick to faucets and other easy ways to accumulate Bitcoin. I don't have enough confidence in the currency to do mining and things of that sort. Maybe at some point in the future that might be something to investigate. As for right now, it isn't for me.

Re: Virtual Currency
« Reply #2 on: July 03, 2017, 03:30:43 PM »

Offline VinayaSpeaks

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Re: Virtual Currency
« Reply #3 on: July 12, 2017, 11:09:31 PM »
I think crypto currency trading is better than crypot currency investment. Bad thing about crypto currency is once the transaction is performed, there is no way you can recover it. Unlike paypal that allows us to dispute transaction and recover funds, you cannot reverse crypto currency transaction. Therefore investment is a risky option. When you trade and exchange cryptro currency you can earn comission, which is less risky than investment.


Offline ZXD22

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Re: Virtual Currency
« Reply #4 on: July 12, 2017, 11:15:21 PM »
I'm currently trading cyrptocurrency not being involved with an investment though, way to risky. So far so good with some small net gains as some currencies are rising and falling.

Offline Tiop

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Re: Virtual Currency
« Reply #5 on: July 13, 2017, 02:52:51 AM »
Like some have said, I wouldn't advise you investing into it, instead trade it. You can make quicker and safer profit by simply trading. However, I'd recommend looking into BitCoin over Ethereum since the latter had major crash a bit ago... BitCoin seems far more stable and is not stumbling too much in its value - it stays around the same right now - 1 BTC = 2080,90 Euro. It does go up and down but nothing DRASTIC.

Before you start though, please look up some sites where experts discuss how to do it properly. You don't want to lose your money ;)

Offline overcast

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Re: Virtual Currency
« Reply #6 on: July 13, 2017, 04:26:22 AM »
The problem with virtual currency is not the earning part. That can be solved one way or the another. But the thing is that most of the virtual currencies are harder to make use of in real life. And ignoring the BTC, we can find out other crypto-currencies are not much in demand. And so exchanging them for BTC does make sense. And at the end you have to convert BTC into local currency at some point. In my city I can't use BTC anywhere. So it makes me kind of uncomfortable to chase it online for earning.

Re: Virtual Currency
« Reply #6 on: July 13, 2017, 04:26:22 AM »

 
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