Best way to turn 2BTC into 4BTC - page 38.

Corenin

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Quote from: mistercoin on September 16, 2013, 01:10:37 PM

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!

Easy, do some trading... buy/sell Litecoin or hash would be a good idea...

theonewhowaskazu

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Seriously, the best way I've found is wait till we're in a bubble period like we are right now, wait till a dip like last weekend, and leverage long on BTC.sx. If a downtrend seems to be developing, just pull out at that point.

Obviously you can lose this way too, but if you have a fairly good idea of what you're doing, its so far seemed worth it.

What you never, ever, want to do is sell your Bitcoins into the trend. If we're "popping", then you can sell on the way down, and hope to buy it on the way up. If you do that, you sometimes don't even lose money in bear traps (or if you do, only commission) and you have the potential to multiply your money when the "crash" is real.

NUFCrichard

legendary

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In dollar terms just doing nothing was the right thing to do.

Thenen

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Quote from: mistercoin on September 16, 2013, 01:10:37 PM

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!

1 mistake and you are poorer, don't do anything and wait the value doubled

Feneusens

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Activity: 275

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Invest in some Bitcoin securities, make sure you understand fully what the securities is...

MilesJohan

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You can try do some hash trading in cex.io.. you just need to be good...

lucaspm98

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Quote from: Rupture on November 15, 2013, 08:49:32 PM

Sell, wait for price to halve, buy Grin

Or the other way around: buy, wait for price to double, and sell.

Seems more likely to me

Rupture

full member

Activity: 182

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Sell, wait for price to halve, buy Grin

BitcoinAddicts

hero member

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Quote from: LiteCoinGuy on November 15, 2013, 07:21:59 PM

Best way to turn 2BTC into 4BTC is to buy 2 BTC

But that is not turn 2 BTC into 4 BTC.... the 2BTC is still 2 BTC...

LiteCoinGuy

legendary

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In Satoshi I Trust

Best way to turn 2BTC into 4BTC is to buy 2 BTC

lucaspm98

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Quote from: EvilPanda on November 15, 2013, 04:46:29 PM

Quote from: notme on September 17, 2013, 08:42:31 PM

Quote from: johnyj on September 17, 2013, 07:41:50 PM

Go to a online casino supporting bitcoin payment, buy some chips and go to a single zero roulette game, bet all on RED: 47.3% chance to double it Wink

Martingale that shit Tongue

Next topic by op? "How to get my 2BTC back"

Haha no kidding if they actually did I would laugh so hard Cheesy

Barnacle_Ed

sr. member

Activity: 271

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Quote from: chaosknight on November 15, 2013, 10:18:08 AM

Really? I am quite new to GLD but what makes you think it is better then all the alt coins out there??

Spoiler alert: It's just another crapcoin made by people who didn't strike it rich on Bitcoin. There have literally been dozens, and I'm sure we'll see dozens more long after GLD is forgotten.

On topic. The "best" way is highly subjective. Best for you is to set up something really low-maintenance and watch your money grow by itself...secure loans, bonds, whatever.

Best for the community, on the other hand, would be to take the 2 BTC and invest it in a new service - whether your own or a young service you think has potential. Then reap the dividends later if and when it succeeds. Keeping a virtuous cycle like this going can be highly lucrative and (most importantly) helps promote the usage of BTC as a proper medium of exchange.

irpirate

newbie

Activity: 56

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1. Wait untill BTC doubles its value
2. ??
3. Profit Shocked

Anyway, don't gamble them. Unless you consider making another thread called 'Best way to turn 0BTC into 2BTC'

EvilPanda

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Small Red and Bad

Quote from: notme on September 17, 2013, 08:42:31 PM

Quote from: johnyj on September 17, 2013, 07:41:50 PM

Go to a online casino supporting bitcoin payment, buy some chips and go to a single zero roulette game, bet all on RED: 47.3% chance to double it Wink

Martingale that shit Tongue

Next topic by op? "How to get my 2BTC back"

chaosknight

hero member

Activity: 868

Merit: 1000

Quote from: MicroGuy on November 15, 2013, 09:10:14 AM

Quote from: mistercoin on September 16, 2013, 01:10:37 PM

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.

In my view, the safest bet at this point would be do the following:

1. Go to Cryptsy.com
2. Buy 2BTC worth of GLD
3. Join the community
4. Use your talents to help out
5. Watch your investment grow
6. Convert to BTC as needed.

Best of luck regardless of what you decide. And "may all your Bitcoin dreams turn to Gold!"

Really? I am quite new to GLD but what makes you think it is better then all the alt coins out there??

MicroGuy

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Twitter @realmicroguy

Quote from: mistercoin on September 16, 2013, 01:10:37 PM

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.

In my view, the safest bet at this point would be do the following:

1. Go to Cryptsy.com
2. Buy 2BTC worth of GLD
3. Join the community
4. Use your talents to help out
5. Watch your investment grow
6. Convert to BTC as needed.

Best of luck regardless of what you decide. And "may all your Bitcoin dreams turn to Gold!"

ZephramC

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Quote from: BitcoinAddicts on November 15, 2013, 07:35:30 AM

Quote from: ZephramC on November 15, 2013, 06:57:47 AM

Quote from: marcovaldo on September 17, 2013, 04:40:45 PM

If anyone with xxx amount of money could safely turn it into 2 xxx amounf of money, no one will be poor Tongue

No. If anyone with xxx amount of money could safely turn it into 2 xxx amounf of money then either everyone will be poor or money will loose its value.

No, if anyone with xxx amount can double the amount, it means he is good at investing...

Oh, I mistook anyone for everyone. But the question is... Can he do it repeatedly? Infinitely? Can he scale up (eg. turn 20 BTC into 40 BTC, 2000 BTC to 4000 BTC)?

Sythyn

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A Digital Universe with Endless Possibilities.

Dont do anything to your 2BTC and get free money from primedice faucet...

Leehoya

full member

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Quote from: MarketTime on November 15, 2013, 06:13:24 AM

Quote from: Leehoya on November 15, 2013, 02:30:34 AM

Go to primedice and X2 it. You can earn some fame at the same time at the high rollers tab Wink

The chances is higher to become 0 then 4

Yup! but worth a try

BitcoinAddicts

hero member

Activity: 502

Merit: 500

Quote from: ZephramC on November 15, 2013, 06:57:47 AM

Quote from: marcovaldo on September 17, 2013, 04:40:45 PM

If anyone with xxx amount of money could safely turn it into 2 xxx amounf of money, no one will be poor Tongue

No. If anyone with xxx amount of money could safely turn it into 2 xxx amounf of money then either everyone will be poor or money will loose its value.

No, if anyone with xxx amount can double the amount, it means he is good at investing...

Topic: Best way to turn 2BTC into 4BTC - page 38. (Read 66083 times)