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Topic: BEST methods of growing your Bitcoins. - page 2. (Read 306 times)

member
Activity: 157
Merit: 13
March 13, 2018, 04:12:52 PM
#8
Faucets: very small amount for short time.
I wouldn't recommend to try to earn money on faucets and they usually don't allow to get profit for short time as usually have withdrawal thresholds. The only way I can assume you can earn something on faucets are referral programs which require a real hard work on engaging referrals. As for the individual earnings, they usually so tiny that they cannot cover your time wasted on clicking or captcha solving. It's better to save some money on everyday spendings and buy some crypto directly on the exchange. The time saved can be used for more valuable purposes.

Signature campaign: small amount but much better than faucet until now.
I would add that it not only provides some earninigs but also helps a lot to get faster into crypto and be always aware of the current market situation

Cloudmining: very little profit if any, usually not profitable.
Plus there are a lot of scams among such services so there are a great chance to loose everything there.

Startups: Lookout for startups.
Didn't quite get how can startups help with bitcoins amount 'growing'. If you mean ICOs I'd say they are as risky as trading, if not more, especially considering the numbers of scams around. They can help for sure, but they can often make things the way you won't have anything to 'grow'.

HOLD or HODL: Keep your Bitcoins in storage and then wait for the price to grow,   
                               and then sell it for a huge profit.
If we're talking about the methods of  'growing one's bitcoins', your hodl strategy isn't complete and it misses one final step. Once you sell bitcoins on high you need to buy them again on the low. Otherwise it's not the method of 'growing', it's just a way of selling.

Buying: The best way to grow your bitcoins is to just buy them.
The best method I'd say

Security: Protect your coins from robberies and hacks. Avoid scams.
Keep patience:  The moment you’re ready to quit is usually the moment right before
                         a miracle happens. Don’t give up.
These methods cannot help to increase your bitcoins amount. They can help to keep their amount the same, that is also very important I must admit.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
March 13, 2018, 04:11:05 PM
#7

It is hard to find someone willing to share a good way of earning money, usually they are not sharing,
so let's make a difference here.


BEST methods of growing your Bitcoins:


Faucets: very small amount for short time.


Signature campaign: small amount but much better than faucet until now.


Cloudmining: very little profit if any, usually not profitable.


Mining: Many factors coming into play, such as BTC price, cost of the equipment
                  and electricity cost. Cheap electricity makes mining profitable.


Trading with altcoins: Difficult and risky but you can get a good profit from it.


Startups: Lookout for startups.


Gambling: Investment in gambling sites is a option, but very risky.


HOLD or HODL: Keep your Bitcoins in storage and then wait for the price to grow,   
                               and then sell it for a huge profit.


Buying: The best way to grow your bitcoins is to just buy them.


Security: Protect your coins from robberies and hacks. Avoid scams.


Keep patience:  The moment you’re ready to quit is usually the moment right before
                         a miracle happens. Don’t give up.


Would be interesting how other people judge the quality of my posts/threads.
You introduced the merit system in order to get quality posts.
Let's see then. Is this a quality post?


Faucets? I don think so.

Gambling. - you will end up losing at the end, eventually.

If you really wanted to know how to earn bitcoin. Check this thread:

https://bitcointalksearch.org/topic/100-ways-to-earn-bitcoin-1777912 - 100 Ways To Earn Bitcoin ★★★★★

Although the OP is not that active and I'm not sure if he has updated it as well.
hero member
Activity: 826
Merit: 502
March 13, 2018, 04:08:39 PM
#6
You have a very good points to increase our knowledge for earning more and out of them I will favor the fifth point in that list which is trading with altcoin but trading bitcoin with USD is also a very profitable and active trade. On bitstamp you can see the price increasing and decreasing much faster so any trader can earn a lot if they involve in the buy and sell in that fluctuations.
member
Activity: 302
Merit: 15
March 13, 2018, 04:05:53 PM
#5
Doinly only one of the things I don't believe will be so helpful but you can mix. Let's assume you have $10,000. Then $7,900 you invest your most favourite currency (Bitcoin for ex) and just wait, patience is the key. Let it go up an down or whatever you want don't touch it for at least one or two years. You take the other $2,000 and investing into altcoins you believe can produce high profits such as Verge, Tron, IOTA or even ICOs (but very carefully) and etc. While you have two different passive incomes, you can also participate in bounty/signature campaign and make a few bucks a week with no effort. If you have some talent it's great! For example, if you are good at writing you can make a blog and produce some nice profits, so you take those 100 bucks and make a professional blog in a day and then start writing. You don't necessarily need any talent, just put a lot of effort into this industry and learn everything about cryptocurrencies, people will pay you to write about some altcoins and some articles. If you know coding it's excellent then you can simply find a job in the crypto world easily not necessarily only blockchain developers also making websites or mobile apps. Still, need more? Mining could be a great thing but only farm mining which means if you already wealthy. Not yet? You can also start teaching people about bitcoin and blockchain in your local area, sell some courses or do private lessons for a decent amount of money (you might be surprised). Bitcoin, blockchain and cryptocurrencies is a huge industry of making money you just need to be creative and not that creative, look what are successful influencers doing already? Make a mobile app, make a blog, make crypto news website or just another sites. At the end of the day, it's up to you either growing your bitcoins or not.
"When everyone is going to mine gold, stand at the corner and sell them shovels".

Also making a passive investment on Bitcoin while working in real life can be considered as growing your bitcoins.
If can save $1,000 and invest it into Bitcoin as addition every month it's great and even huge.
legendary
Activity: 1932
Merit: 1003
March 13, 2018, 03:51:56 PM
#4
Doing bounty campaigns, investing and trading are great tactics to increase your bitcoins.  Hodling bitcoins will not increase it, you will always have the same amount.  The USD value may increase as bitcoin prices increase. 
hero member
Activity: 1442
Merit: 629
Vires in Numeris
March 13, 2018, 03:39:46 PM
#3
I don't know the best way of growing bitcoins but the easiest should be to work for it. Do your daily job and if you are mastered it (and if it's a kind of job that you can do remotely with the help of the internet, like design jobs, graphics, translations, etc...) offer your service for bitcoin on freelancer sites or on this forum in the services section. If you have decent references you'll be hired and will get paid for your work. Just don't forget to secure your payment method with escrow or with something different to receive your coins at the end...
full member
Activity: 308
Merit: 120
March 13, 2018, 02:32:36 PM
#2
Well, thanks so much for sharing these informations with us. It is really hard to find guys like you. This will really help new members a lot discovering bitcoin and how to get it. Perosnally, i think that the best method is signature compaign. It is true that it doesn't earn you a lot, but at least , it is stable and not risky. What i like about it, is that it gives you the chance to know more people and discuss a lot of important topics that can help you investing in Bitcoin one day.
member
Activity: 74
Merit: 38
March 13, 2018, 02:02:43 PM
#1
It is hard to find someone willing to share a good way of earning money, usually they are not sharing,
so let's make a difference here.


BEST methods of growing your Bitcoins:


Faucets: Very small amount for short time. Once the withdraw limit is reached, you get your earnings
              but in reality it is going to be very hard to get any.


Signature/Bounty campaigns: Signature and bounty campaign is just a way of promoting an ICO/project.
                                              Do some work via twitter, facebook, videos, blogs etc and get rewarded with the tokens minted.



Cloudmining: Very little profit if any, usually not profitable. Beware of scams


Mining: Many factors coming into play, such as BTC price, cost of the equipment
             and electricity cost. Cheap electricity makes mining profitable.


Trading with altcoins: Difficult and risky but you can get a good profit from it.


Startups: Lookout for startups ,ICOs. Beware there are so many scams out there.


Gambling: Investment in gambling sites is an option, but very risky.


HOLD or HODL: Keep your Bitcoins in storage and then wait for the price to grow,  
                        and then sell it for a huge profit. Wait for the Dip.


Buying: The best way to grow your bitcoins is to just buy them.


Security: Protect your coins from robberies and hacks. Avoid scams.


Keep patience:  The moment you’re ready to quit is usually the moment right before
                         a miracle happens. Don’t give up.


Would be interesting how other people judge the quality of my posts/threads.
You introduced the merit system in order to get quality posts.
Let's see then. Is this a quality post?
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