Any safe way to grow my bitcoins ? - page 31.

CoinFoxs

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Quote from: richardsNY on October 03, 2016, 05:06:14 PM

Quote from: diodio5 on October 03, 2016, 08:47:12 AM

Quote from: richardsNY on October 01, 2016, 04:18:46 PM

Quote from: Ankara on October 01, 2016, 02:30:26 PM

These are the ways to earn some interest or grow bitcoins

- Invest the in gambling sites

- Buy new coins in IcO and sell at high price

- Do some trading with alt coins

- Stock the BTC and sell at high price, buy at low and repeat.

but each method has its own risks.

Trading is always the best option since every action that you take is carried out by yourself. With all the other options you mentioned, an other party is responsible for what's happening with your coins. This is something I at all times will avoid.

I think trading will be the best choice when you have mastered the skills and knowledge and trading techniques, I think trading is not the right choice if you do not have any skills in trade, which will certainly earn you just defeat and loss

Without skills, people should stay far away from trading. But the reality shows that this isn't the case. People try their luck with altcoins and Bitcoin trading, but this type of trading isn't any different from gambling with your money. These people however don't realize that, or they simply don't care.

I don't agree because i believe that mistakes will teach you and also improve your skills, so if you are into trading or do trading and give your time to learn how to trade then you will have great skills, if you stay away from trading then how you get skills or knowledge about trading ? You have to take one time risk in any business or investment.

rapazev

full member

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safe? lending in a exchange... interest around 0.06%/day.
but still have some risks tho

BlueStackz

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Quote from: iqlimasyadiqa on October 04, 2016, 08:22:01 AM

there is not a very secure way. all the action there were risks. including storing bitcoin to invest. all forms of business there will be impacts.

You must be right, because there will not be any opportunity with risk free. But identifying a method with minimum risk would be the right way of growing our bitcoin. Moreover investing into bitcoin and storing bitcoin is not a way of growing bitcoin. Because it will not give more number of bitcoin, it may give price appreciation benefits only.

iqlimasyadiqa

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there is not a very secure way. all the action there were risks. including storing bitcoin to invest. all forms of business there will be impacts.

Labumi

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Quote from: Doms on October 04, 2016, 08:11:39 AM

Bitcoin in itself is a speculative investment so there is really no way that you could 100% grow without the risk of losing some or even the whole part. If we learn to manage risk and accept it for what it is, it is easier to make profit. Sometimes the best thing to do is do nothing at all. Hold and wait and your patience might be rewarded. This isn't always the case, especially for those who bought when the price was just starting to go down.

Indeed bitcoin is an excellent place to gain an advantage in a period of time long enough. But if we can't do a good analysis and prediction then things should be able to give us the advantage of turning into something that can make us lose big

peta4e

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Quote from: Doms on October 04, 2016, 08:11:39 AM

Bitcoin in itself is a speculative investment so there is really no way that you could 100% grow without the risk of losing some or even the whole part. If we learn to manage risk and accept it for what it is, it is easier to make profit. Sometimes the best thing to do is do nothing at all. Hold and wait and your patience might be rewarded. This isn't always the case, especially for those who bought when the price was just starting to go down.

But I think holding is still a safer way to grow bitcoins as there is no risk of loosing it unlike investing it and it can be only risky if price doesn't goes higher in future but I don't it will happen.

ranochigo

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Quote from: coszy on October 03, 2016, 04:55:49 PM

Perhaps most of all safe, is to work on specific investment projects that will give interest on your bitcoin, but it's a slow process, although it is more reliable as opposed to gambling.

Such investment schemes usually ends up being HYIP or Ponzis, they are equally risky as compared to gambling. It is definitely not easy to grow your Bitcoins through investments but you can invest in casinos or create a loan service. Investments in casino is likely to guarantee a profit over the long run as long as they have a house edge. It can take quite a long time though. You can also start a loan service on the forum and give out loans for small interest if they are trustable or have collateral.

Doms

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Bitcoin in itself is a speculative investment so there is really no way that you could 100% grow without the risk of losing some or even the whole part. If we learn to manage risk and accept it for what it is, it is easier to make profit. Sometimes the best thing to do is do nothing at all. Hold and wait and your patience might be rewarded. This isn't always the case, especially for those who bought when the price was just starting to go down.

fkvidar

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Activity: 924

Merit: 1000

Quote from: diodio5 on October 03, 2016, 05:30:24 PM

Quote from: richardsNY on October 03, 2016, 05:06:14 PM

Quote from: diodio5 on October 03, 2016, 08:47:12 AM

Quote from: richardsNY on October 01, 2016, 04:18:46 PM

Quote from: Ankara on October 01, 2016, 02:30:26 PM

These are the ways to earn some interest or grow bitcoins

- Invest the in gambling sites

- Buy new coins in IcO and sell at high price

- Do some trading with alt coins

- Stock the BTC and sell at high price, buy at low and repeat.

but each method has its own risks.

Trading is always the best option since every action that you take is carried out by yourself. With all the other options you mentioned, an other party is responsible for what's happening with your coins. This is something I at all times will avoid.

I think trading will be the best choice when you have mastered the skills and knowledge and trading techniques, I think trading is not the right choice if you do not have any skills in trade, which will certainly earn you just defeat and loss

Without skills, people should stay far away from trading. But the reality shows that this isn't the case. People try their luck with altcoins and Bitcoin trading, but this type of trading isn't any different from gambling with your money. These people however don't realize that, or they simply don't care.

yeah and you know what happens when a lot of people try their luck by playing altcoin and bitcoin trading. they will have a disadvantage, since they would be tantamount to gamble because it depends only by the luck to be able to profit in trading. so I think the first hone your skills before trading

That's true and in trading we cannot depend only on luck or else there will be no difference between trading and gambling, but if you have skills and good strategy the you can surely grow your coins in trading.

severaldetails

hero member

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Besides accepting bitcoins as a salary there I see no safe way to grow the number of coins.
I think every fiat has safer ways with bank accounts who offer (at this moment very low) interests.
We do not have that in bitcoin.
And due to anonymity of the wallets, every bitcoin investment is a risky thing.
But with every risk, there comes an opportunity. It depends on the people whether they want to take it, or not.

diodio5

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Activity: 490

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Quote from: richardsNY on October 03, 2016, 05:06:14 PM

Quote from: diodio5 on October 03, 2016, 08:47:12 AM

Quote from: richardsNY on October 01, 2016, 04:18:46 PM

Quote from: Ankara on October 01, 2016, 02:30:26 PM

These are the ways to earn some interest or grow bitcoins

- Invest the in gambling sites

- Buy new coins in IcO and sell at high price

- Do some trading with alt coins

- Stock the BTC and sell at high price, buy at low and repeat.

but each method has its own risks.

Trading is always the best option since every action that you take is carried out by yourself. With all the other options you mentioned, an other party is responsible for what's happening with your coins. This is something I at all times will avoid.

I think trading will be the best choice when you have mastered the skills and knowledge and trading techniques, I think trading is not the right choice if you do not have any skills in trade, which will certainly earn you just defeat and loss

Without skills, people should stay far away from trading. But the reality shows that this isn't the case. People try their luck with altcoins and Bitcoin trading, but this type of trading isn't any different from gambling with your money. These people however don't realize that, or they simply don't care.

yeah and you know what happens when a lot of people try their luck by playing altcoin and bitcoin trading. they will have a disadvantage, since they would be tantamount to gamble because it depends only by the luck to be able to profit in trading. so I think the first hone your skills before trading

richardsNY

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Quote from: diodio5 on October 03, 2016, 08:47:12 AM

Quote from: richardsNY on October 01, 2016, 04:18:46 PM

Quote from: Ankara on October 01, 2016, 02:30:26 PM

These are the ways to earn some interest or grow bitcoins

- Invest the in gambling sites

- Buy new coins in IcO and sell at high price

- Do some trading with alt coins

- Stock the BTC and sell at high price, buy at low and repeat.

but each method has its own risks.

Trading is always the best option since every action that you take is carried out by yourself. With all the other options you mentioned, an other party is responsible for what's happening with your coins. This is something I at all times will avoid.

I think trading will be the best choice when you have mastered the skills and knowledge and trading techniques, I think trading is not the right choice if you do not have any skills in trade, which will certainly earn you just defeat and loss

Without skills, people should stay far away from trading. But the reality shows that this isn't the case. People try their luck with altcoins and Bitcoin trading, but this type of trading isn't any different from gambling with your money. These people however don't realize that, or they simply don't care.

coszy

sr. member

Activity: 270

Merit: 250

Perhaps most of all safe, is to work on specific investment projects that will give interest on your bitcoin, but it's a slow process, although it is more reliable as opposed to gambling.

chixka000

hero member

Activity: 910

Merit: 500

Quote from: malikusama on October 02, 2016, 11:19:53 AM

Signature campaign is the best option to grow your bitcoins safely. Gambling are risky and ponzi schemes are mostly scams. If you have investment and you want to grow it you can try trading in different marketplaces, it is safe from other. Better to join signature campaigns first.

True one other thing is building your own faucet well i sorry i guess it is quite risky also especially if you don't have enough knowledge in marketing states so probably signature campaign would be on top rank

tygeade

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Quote from: diodio5 on October 03, 2016, 08:47:12 AM

Quote from: richardsNY on October 01, 2016, 04:18:46 PM

Quote from: Ankara on October 01, 2016, 02:30:26 PM

These are the ways to earn some interest or grow bitcoins

- Invest the in gambling sites

- Buy new coins in IcO and sell at high price

- Do some trading with alt coins

- Stock the BTC and sell at high price, buy at low and repeat.

but each method has its own risks.

Trading is always the best option since every action that you take is carried out by yourself. With all the other options you mentioned, an other party is responsible for what's happening with your coins. This is something I at all times will avoid.

I think trading will be the best choice when you have mastered the skills and knowledge and trading techniques, I think trading is not the right choice if you do not have any skills in trade, which will certainly earn you just defeat and loss

Jump into trading only if you have good knowledge or skills of it and if not then its better to hold your coins for the future and sell them when price touches your target level.

diodio5

hero member

Activity: 490

Merit: 500

Quote from: richardsNY on October 01, 2016, 04:18:46 PM

Quote from: Ankara on October 01, 2016, 02:30:26 PM

These are the ways to earn some interest or grow bitcoins

- Invest the in gambling sites

- Buy new coins in IcO and sell at high price

- Do some trading with alt coins

- Stock the BTC and sell at high price, buy at low and repeat.

but each method has its own risks.

Trading is always the best option since every action that you take is carried out by yourself. With all the other options you mentioned, an other party is responsible for what's happening with your coins. This is something I at all times will avoid.

I think trading will be the best choice when you have mastered the skills and knowledge and trading techniques, I think trading is not the right choice if you do not have any skills in trade, which will certainly earn you just defeat and loss

winspiral

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Activity: 1778

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Free WSPU2 Token or real dollars

Quote from: croutonhexagon on October 03, 2016, 08:24:25 AM

If you are planning to invest in cloud mining sites then beware of that. 100% could mining sites are scam they will run away with your money.
If you could dip trading them join trading site, I would recommend yobit for trading, trading various cryptocurrency will give you profit. You can bake at least 10% of the invested amount weekly.

it is why I say to my members:
if you believe that my site is a scam site,then run away with the money you have earned for free on my U2cloudmining site...
My u2 system is the proof that all cloudmining sites are not scam.
My cloudmining site is the proof that a cloudmining site does not need mining hard ware...
if you have a Moon site (like http://moonbit.co.in )you have no need to have the Moon...

fkvidar

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Quote from: croutonhexagon on October 03, 2016, 08:24:25 AM

If you are planning to invest in cloud mining sites then beware of that. 100% could mining sites are scam they will run away with your money.
If you could dip trading them join trading site, I would recommend yobit for trading, trading various cryptocurrency will give you profit. You can bake at least 10% of the invested amount weekly.

I think Poloniex is better site for trading in compare to yobit, well that's not important, but the important thing is to invest at right place and at a right time to generate profits from it.

croutonhexagon

full member

Activity: 238

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If you are planning to invest in cloud mining sites then beware of that. 100% could mining sites are scam they will run away with your money.
If you could dip trading them join trading site, I would recommend yobit for trading, trading various cryptocurrency will give you profit. You can bake at least 10% of the invested amount weekly.

rockstar338

newbie

Activity: 42

Merit: 0

I agree with you that there is no such investments that are going to safely grow your bitcoins. Even holding, there is a risk if you are going to hold your bitcoins. Because we know that the price of bitcoin is very unstable at all and any time it can pump or even lose. SO if you want to grow your bitcoins, then it is better to take the risk.

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