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Topic: Best way to turn 2BTC into 4BTC - page 37. (Read 66083 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
February 07, 2014, 10:17:07 AM
Alts are like penny stocks. boom one day, bust the next. On bitbet you can make a very educated bet. For example" bitcoin and litecoin will lead all virtual coins in market cap throughout 2014."


That sounds like a risky bet to me... bitcoin is ok but I'm not sure about litecoin
legendary
Activity: 2212
Merit: 1199
February 07, 2014, 10:09:38 AM
Alts are like penny stocks. boom one day, bust the next. On bitbet you can make a very educated bet. For example" bitcoin and litecoin will lead all virtual coins in market cap throughout 2014."


you are 99,9% right.

Alts are risky - but high profits if you have bullseye Tongue

Best and minimum risk investitment = buy BTC. Wait 1 year.
legendary
Activity: 1330
Merit: 1000
dafar consulting
February 06, 2014, 10:25:46 PM
Not sure if anyone mentioned it already but the best way to increase your BTC is through ALT coins... there are so many alts that jump 100-1000% every week.

coinedup, mintpal, and cryptsy has cheap alts.

The best ones to find are the ones that are around 1-4 satoshi, and do your research to see if the devs are good and if they have any kind of potential... those make the best profits.

MEOW went from 1 satoshi to 100+, now it's back down around 50 but it's still a good buy imo

it is risky but big profit. OP was asking about method with minimum risk of losing his BTC Smiley
Invest into alt if quite risky.
Some of them gone with the widn faster than we could imagine Tongue


oh ok, people were mentioning bitbet and poker and shit like that... that seems far more sketch and risky than doing some research and investing in alts
legendary
Activity: 2212
Merit: 1199
February 06, 2014, 10:16:00 PM
Not sure if anyone mentioned it already but the best way to increase your BTC is through ALT coins... there are so many alts that jump 100-1000% every week.

coinedup, mintpal, and cryptsy has cheap alts.

The best ones to find are the ones that are around 1-4 satoshi, and do your research to see if the devs are good and if they have any kind of potential... those make the best profits.

MEOW went from 1 satoshi to 100+, now it's back down around 50 but it's still a good buy imo

it is risky but big profit. OP was asking about method with minimum risk of losing his BTC Smiley
Invest into alt if quite risky.
Some of them gone with the wind faster than we could imagine Tongue
legendary
Activity: 1330
Merit: 1000
dafar consulting
February 06, 2014, 10:09:31 PM
Not sure if anyone mentioned it already but the best way to increase your BTC is through ALT coins... there are so many alts that jump 100-1000% every week.

coinedup, mintpal, and cryptsy has cheap alts.

The best ones to find are the ones that are around 1-4 satoshi, and do your research to see if the devs are good and if they have any kind of potential... those make the best profits.

MEOW went from 1 satoshi to 100+, now it's back down around 50 but it's still a good buy imo
newbie
Activity: 42
Merit: 0
February 06, 2014, 06:49:29 PM
you could always take up poker. id invest some time into learning the game. you could make a decent roi pretty safely.

pm me for more information on it if ud like
legendary
Activity: 2212
Merit: 1199
February 06, 2014, 05:59:30 PM
Grab a part time job, and use the funds to buy more BTC?

Seriously though, probably no safe fast way.

Tottaly agree. There is no safe and fast way to turnover your ammount into double that.

As you should know. High profit from investitment always comes together with risk.

Fast way and about 50% of chances ; bet 2btc . Use casino ( PrimeDice for example Smiley )

member
Activity: 97
Merit: 10
February 05, 2014, 07:50:55 AM
1'st rule of trading; sell for more than you paid + fees every time. A doubling of your money can take 6 trades in one minute or 3 months, that depends on the market being wild enough while you look at the ticker.

Trading is not hard, just take luck out of your calculations meaning don't trade on what you think will happen, BUT ON WHAT HAPPEND! Very important that last point, then you wont ever loose money on a trade.

 

That is a bit like saying "the first rule of roulette is to make sure to put your chips down on the numbers that will be picked."
member
Activity: 84
Merit: 10
February 05, 2014, 01:02:14 AM
mistercoin it's not easy but you have to work harder to turn 2BTC into 4BTC
hero member
Activity: 826
Merit: 501
in defi we trust
November 24, 2013, 11:35:46 AM
Sell 2BTC at 800. Buy 4BTC at 400. Rinse. Repeat.

I'll buy 4btc from you at 400. Are you selling? =)))))
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
November 23, 2013, 10:33:28 PM
Sell 2BTC at 800. Buy 4BTC at 400. Rinse. Repeat.
newbie
Activity: 42
Merit: 0
November 22, 2013, 01:13:34 PM
Yeah, I meant safe, not save. But it is pretty safe. In what way is it not?
I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.

probably you wanted to say "safe" not save. In any case , no it's not Cheesy

Do that with mtgox , I'm sure your usd are safe there Cheesy

Yeah, exactly.  I'd love to take advantage of the arbitrage opportunities that appear to be available through the different exchanges, but there is pretty significant barrier to entry in the difficulty of quickly funding certain exchanges and being able to withdraw fiat from others.  That said, you could really take advantage of arbitrage opportunities by purchasing on an exchange and then selling on localbitcoins. 
hero member
Activity: 826
Merit: 501
in defi we trust
November 22, 2013, 12:10:08 PM
Yeah, I meant safe, not save. But it is pretty safe. In what way is it not?
I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.

probably you wanted to say "safe" not save. In any case , no it's not Cheesy

Do that with mtgox , I'm sure your usd are safe there Cheesy
sr. member
Activity: 434
Merit: 250
November 22, 2013, 10:47:45 AM
What about sell it now since its high and sell it when its low...
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
November 22, 2013, 10:08:54 AM
we have a documentation contest for our Wiki, giving out $5000 in BTC for people who submit content:

See the rules

http://blog.mastercoin.org/2013/11/22/calling-all-writers-mastercoin-documentation-contest-bounty/
full member
Activity: 200
Merit: 100
November 21, 2013, 05:07:18 PM
If you have a bank account in EU and Hong Kong it should be doable. Just split your funds so you can buy up coins in EU right after you sold in China. If you have to wait for wire transfers etc, any swing end price could wipe out your profits
full member
Activity: 141
Merit: 100
November 21, 2013, 04:50:46 PM
Yeah, I meant safe, not save. But it is pretty safe. In what way is it not?
I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.

probably you wanted to say "safe" not save. In any case , no it's not Cheesy
hero member
Activity: 826
Merit: 501
in defi we trust
November 21, 2013, 06:48:47 AM
#99
I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.

probably you wanted to say "safe" not save. In any case , no it's not Cheesy
full member
Activity: 141
Merit: 100
November 20, 2013, 11:44:51 AM
#98
I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.
hero member
Activity: 502
Merit: 500
November 17, 2013, 12:22:16 AM
#97
Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

Don't waste your time, go get a part time job and you can buy more BTC....
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