3 ways to grow more bitcoins and ways to lose it

pvaspecialist

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Quote from: allankey on September 29, 2016, 08:59:37 PM

I am particularly interested in point 3. Isn't using Paypal with bitcoins a taboo? Has anyone tried the site?

https://steemit.com/bitcoin/@jellytail/3-ways-to-grow-your-bitcoins-or-3-ways-to-lose-your-bitcoins

Quote

3. Sell your Bitcoins with a 15% mark-up on xCoins.io

xCoins.io is a site that was launched in June with positive reviews. The controversy with this site is that it uses Paypal as its payment processor. xCoins is a middle man that connects buyers and sellers with the former who seeks to buy bitcoins with Credit card or Paypal -- at a 15% markup price. The sellers will receive the proceeds in their Paypal account. Many readers are very likely to disapprove this site because it is using Paypal as the main mechanism for fund transfer since Paypal transactions are reversible by scammers.

Paypal doesn’t allow people to sell Bitcoins in exchange for Paypal credit is very simple. Bitcoin is like cash and Paypal is credit. If someone disputes the sale of the Bitcoins after they bought them with Paypal, the company (Paypal) has no way of knowing if the transaction actually happened. This is mainly due to the pseudonymous nature of Bitcoin. Therefor, Paypal closes down any account that will accept payment for Bitcoins with their credits.
I don't try this site so no idea about this site.you can try at your own risk.remember Bitcoin and paypal both are two different payment method Grin

mrcash02

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3 ways to grow BTCs are: Casino investment bankroll, lending investment, HaoBTC wallet that generates interest.

3 ways to lose BTCs are: Cloud mining investment, Ponzi HYIP investments, most Alt-Coins.

In my opinion there are another methods that are neutral, you can make profit or not, it's undefined, like gambling (depends your luck and your greed), trading (depends a lot of skills and luck), binary options (skills and luck too).

Kray

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Quote from: requester on October 02, 2016, 04:38:03 AM

Best way to earn bitcoin is using bitcointalk signature campaign. Many of my friends usages and they earn huge amount another way is to use faucet of various sites and also Google for bitcoin free giveaway. If you have money then invest in trading sites and start trading with various coins.

Yes it's true. It's a best way to earn bitcoin, any other way to earn bitcoin?

TastyChillySauce00

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Quote from: MingLee on December 28, 2016, 04:57:28 PM

Quote from: el kaka22 on December 28, 2016, 04:08:20 PM

Quote from: Sled on December 27, 2016, 09:55:17 AM

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.

Gambling and trading should be considered as a mean of lose and growing bitcoin , they both have risks , but gambling has more risks then trading , the bigger the risk the bigger the wine , there is no fast way to getting rich , if you want bitcoin you have to work for it , learn a skill and offer your services for bitcoin , or join a signature campaign and work you rank up so you grow more bitcoin

Assuming that you actually have experience when it comes to trading, it is incredibly easy to make a lot of money off of it and watching trends. Again, that comes down to experience. if you don't have the experience then it is incredibly more difficult for a decent profit to be made.

A lot of forex experience can translate very well into the cryptocurrency market, so I expect some riskier investors to be using altcoin trading a fair amount.

Well, as I've heard from many of forex traders saying that cryptocurrencies trading is far easier than forex trading so, I guess they could maximise their potential in gaining the profit
But in my opinion that the fact is both actually have the same level of difficulties thus people can't that easily making a profit as for some prove that those forex traders didn't instantly rich
when it comes to crypto trading

yayayo

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Quote from: allankey on September 29, 2016, 08:59:37 PM

I am particularly interested in point 3. Isn't using Paypal with bitcoins a taboo? Has anyone tried the site?

https://steemit.com/bitcoin/@jellytail/3-ways-to-grow-your-bitcoins-or-3-ways-to-lose-your-bitcoins

Quote

3. Sell your Bitcoins with a 15% mark-up on xCoins.io

xCoins.io is a site that was launched in June with positive reviews. The controversy with this site is that it uses Paypal as its payment processor. xCoins is a middle man that connects buyers and sellers with the former who seeks to buy bitcoins with Credit card or Paypal -- at a 15% markup price. The sellers will receive the proceeds in their Paypal account. Many readers are very likely to disapprove this site because it is using Paypal as the main mechanism for fund transfer since Paypal transactions are reversible by scammers.

No, I have not tried the site and I would advise against it. Almost all methods to magically "grow" your Bitcoin are either scam or involve significant risk. Besides that selling BTC for fiat trash money is stupid to begin with, accepting Paypal transfers is pure idiocy. The return on investment is likely negative. The site xCoins.io makes profit by outsourcing the risk to the BTC sellers.

If you want more Bitcoin, work for them or sell some stuff. This is far easier and less risky than any investment schemes.

ya.ya.yo!

MingLee

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Quote from: el kaka22 on December 28, 2016, 04:08:20 PM

Quote from: Sled on December 27, 2016, 09:55:17 AM

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.

Gambling and trading should be considered as a mean of lose and growing bitcoin , they both have risks , but gambling has more risks then trading , the bigger the risk the bigger the wine , there is no fast way to getting rich , if you want bitcoin you have to work for it , learn a skill and offer your services for bitcoin , or join a signature campaign and work you rank up so you grow more bitcoin

Assuming that you actually have experience when it comes to trading, it is incredibly easy to make a lot of money off of it and watching trends. Again, that comes down to experience. if you don't have the experience then it is incredibly more difficult for a decent profit to be made.

A lot of forex experience can translate very well into the cryptocurrency market, so I expect some riskier investors to be using altcoin trading a fair amount.

BitcoinMuscle

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i really dont think that shit its true , right now bitcoin is almost 1000$ so 15% means 150$ per bitcoin , thats huge 150$ for free. why would someone do that? just for growing his website reputation or views , i dont think so . defenetly it is a scam

(o)(o)ilikeboobs(o)(o)

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My way of trading is very simple i wanted to earn through Signature campaign, and i have some skill through which i earn bitcoins and some by trading

el kaka22

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Quote from: Sled on December 27, 2016, 09:55:17 AM

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.

Gambling and trading should be considered as a mean of lose and growing bitcoin , they both have risks , but gambling has more risks then trading , the bigger the risk the bigger the wine , there is no fast way to getting rich , if you want bitcoin you have to work for it , learn a skill and offer your services for bitcoin , or join a signature campaign and work you rank up so you grow more bitcoin

Nomso222

newbie

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BitMaxz

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Playbet.io - Crypto Casino and Sportsbook

Quote from: avatar_kiyoshi on December 27, 2016, 03:33:31 PM

OP obviously collect some traffic and promote a fishy site.

Why people still not aware if investing in strangers things like OP site is make losing, I know the humans is a greedy creature, but not stupid.
3 ways to grow more bitcoin is: hard work, discipline and time management. These factors can affect what your activity to earn bitcoin, it's something like work, sell stuff (open business) or create a project.
3 ways to lose it: use money to grow it without considering research first, spending in useless things and being stupid.

Honestly many ways that you can grow your bitcoins right now unlike before that few sites are paying in bitcoin.. you can now grow your bitcoin and use it as your capital to start business online like joining in affiliate marketing and use your bitcoins earnings to promote your sales.. also the other thing you can also use bitcoin to start trading. many ways right now you can grow your bitcoin but you need to ba hard work to be successful in the fuutre..

uchma7

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The irony of this is that bitcoin can be lost through thesame means with which it can be grown. For instance, bitcoin trading, mining and gambling are all investment areas through which bitcoin can be grown. However, each has its own share of risk which suggest that bitcoin can be equally lost via any of the three areas.

nara1892

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Quote from: MyBTT on September 29, 2016, 10:08:34 PM

It is not necessarily "taboo", just illogical. You are mixing two methods of payment, one reversible and the other one not. Especially when charging a 15% Markup.

No one in their right mind will pay almost $100 more for a bitcoin. This will only encourage scams.

I think it is right if OP uses " taboo" term because it means that the thing is not acceptable to do about. I think many bitcoin users do not agree to use bitcoin and paypal in the same time. imo

well I never try the site first, but I think they have a system they think it is good enough.

avatar_kiyoshi

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OP obviously collect some traffic and promote a fishy site.

Why people still not aware if investing in strangers things like OP site is make losing, I know the humans is a greedy creature, but not stupid.
3 ways to grow more bitcoin is: hard work, discipline and time management. These factors can affect what your activity to earn bitcoin, it's something like work, sell stuff (open business) or create a project.
3 ways to lose it: use money to grow it without considering research first, spending in useless things and being stupid.

Daniel91

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Quote from: ReLieD on December 27, 2016, 09:46:58 AM

Three ways to earn bitcoins are :-
1. Increase your activity and enroll in campaigns
2. Go to freebitcoin.in to get free bitcoins
3. Start mining

Three ways to lose bitcoins
1. Spend on useless things
2. Gambling
3. Start betting for high values without even knowing the pattern

Good suggestions but for the signature campaigns, user must have good reputation, good quality of posts and high forum rank, in order to earn bigger amounts.
Other 2 are not so much profitable any more.
My suggestion is to learn some skills, like programming, and offer paid service, in Bitcoin.
Trading is always risky and not recommended.

Sled

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Bitcoin- in bullish time

This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.

ReLieD

sr. member

Activity: 546

Merit: 255

Three ways to earn bitcoins are :-
1. Increase your activity and enroll in campaigns
2. Go to freebitcoin.in to get free bitcoins
3. Start mining

Three ways to lose bitcoins
1. Spend on useless things
2. Gambling
3. Start betting for high values without even knowing the pattern

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: yayayo on October 04, 2016, 05:59:45 AM

Why do people think that it is normal to make money out of money?

because it is normal and in some cases the right thing to do.
have you ever heard of investing money instead of leaving it idle in your mattress or in your bank?
this is the same thing here. you should not just leave your money idle in your cold storage and "let it sleep" as we call it in my language.

Quote

... I consider the vast majority of "investment" opportunities to be either scam ...

however there is no argument here, and when i say investment above it means a legit investment in a real business.

Cozynunu

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You can try to gamble with them because then you will have a chance to make more Bitcoin with the 3 that you already have.
It is a risk that you will have to take because with gambling you can lose it all.

yayayo

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Why do people think that it is normal to make money out of money? The normal case would be to receive money for work done or items sold. Making money out of money always involves significant risk. That is even more true for Bitcoin, where I consider the vast majority of "investment" opportunities to be either scam or offered by entirely incompetent people for the business in question.
Then there are the "trader guys", who think that they have superior skills to predict future market movements based on chart analysis. Fact is that over 80% of these guys will end their activity with a negative return on investment.

Yet the believe that Bitcoin is a magic money making machine seems to be ineradicable, no matter how many people have already lost their BTC...

It's far easier and much more enjoyable to do same work or sell some stuff for Bitcoin and then simply hold on to it or use it to buy things you need.

ya.ya.yo!

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