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Topic: Best way to turn 2BTC into 4BTC - page 41. (Read 66083 times)

full member
Activity: 140
Merit: 100
September 20, 2013, 09:20:54 PM
#36
member
Activity: 84
Merit: 10
September 20, 2013, 09:13:28 PM
#35
I've had that thought a couple months ago and I started trading Bitcoin buy buying low and selling high with a volume of 1 Bitcoin.
I figured out I didn't increase my capital with lightspeed because after I sold I had to wait until it was lower again to buy more back in.

Then I learned how to go "Short" on Bitcoin. A "short" position is the opposite of a "long" position in trading terms. With a long position you profit when price go up. That's how you can make money on exchanges like MtGox, Bitstamp and BTC-e. "Short" position means you can profit when prices go down.
That allowed me take more profit opportunities, but I couldn't go Short on the classing exchanges. I could only do it on a trading platform.

Using the trading platform I learned I could also trade in other currencies like EUR/USD and EUR/JPY and so I did. Eventually I traded more in the major currency pairs than in BTC/USD because it was less volatile.

I made a lot profit very quick, 1500 euro in 2 weeks. However I lost all the profit including a part of my bankroll. Then I stopped trading and found something new this month.

I learned to make profit in Media Buying when I started working as a PHP developer in the Lead Generation business. That means you buy ad space and promote offers. What I did was promoting CPL offers like dating or sweepstake, something that doesn't costs the visitor anything to signup and convert to a lead for you.

As of 1 september 2013 I have spend ~$4000 and earned ~$8000. That's quit reflecting your objective isn't it?

There's one little downside to Media Buying. Most of the time you have to prepay your advertising costs but you're earnings are often paid 30, 60 or 90 days later depending on your affiliate partner. They call the payment terms NET30, NET60, NET90 or Bi-Weekly (Rare). The direct effect of this is that you will deplete your advertising budget so you won't be able to advertise the next month and generate revenue until you get paid again. Unless offcourse you're very rich and have more to spend than you do.

So Media Buying is more safe than gambling and trading bitcoins. It's almost riskfree, because you determine what you spend and you can just test campaigns with a little budget just to see how it converts and how much your ROI is, because ROI that's the only think that counts. You might earn $10.000 but if you have spend $9000 your ROI is just as little as ~10%.

Your ROI depends on the following things:
- advertising budget settings
- advertisement (Banner, Text)
- landing page
- campaign offer

I only push campaigns when they give me 200% ROI or more, and that's how I double up my money from $4000 to $8000.

member
Activity: 70
Merit: 10
Expert Computer Geek
September 20, 2013, 01:43:26 PM
#34
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!

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full member
Activity: 149
Merit: 100
Solar Bitcoin Specialist
September 19, 2013, 06:46:35 AM
#33
Buy a solar panel and small inverter.  Sell electricity.  In enough years, you have made a genuine gain.
If there were a straightforward instant doubler then we'd be back to the situation of 1929 Weimar Germany, all pushing a wheelbarrow full of doubled doubled cash to market to buy one cabbage.  You'd not want that to happen, would you?
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
September 19, 2013, 06:38:29 AM
#32
If there was an easy way, we would all be millionaries!! or should i say bitillionaries! ahah.
But seriously you can either deposit at a loan site and earn interest in a term or gamble maybe 0.5. Dont get addicted to gambling though Tongue
sr. member
Activity: 400
Merit: 250
September 19, 2013, 12:52:27 AM
#31
buy weed and sell for double
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
September 18, 2013, 06:01:23 PM
#30
buy flour, sugar, chocolate, baking soda for 2BTC and sell a cake for 4BTC.

What kind of cake could you make for 2BTC... And who buys one for 4BTC?

A Space Cake!  Smiley



+1

legendary
Activity: 2786
Merit: 1031
September 18, 2013, 05:20:20 PM
#29
buy flour, sugar, chocolate, baking soda for 2BTC and sell a cake for 4BTC.

What kind of cake could you make for 2BTC... And who buys one for 4BTC?

A Space Cake!  Smiley

hero member
Activity: 728
Merit: 500
September 18, 2013, 01:36:18 PM
#28
buy flour, sugar, chocolate, baking soda for 2BTC and sell a cake for 4BTC.

What kind of cake could you make for 2BTC... And who buys one for 4BTC?
sr. member
Activity: 364
Merit: 250
September 18, 2013, 01:01:38 PM
#27
buy flour, sugar, chocolate, baking soda for 2BTC and sell a cake for 4BTC.
this could work.
sr. member
Activity: 364
Merit: 253
September 18, 2013, 12:54:25 PM
#26
buy flour, sugar, chocolate, baking soda for 2BTC and sell a cake for 4BTC.
hero member
Activity: 728
Merit: 500
September 18, 2013, 12:48:56 PM
#25
Grabbing a job/part time job can always help and transferring a little of fiat into Bitcoin can really help when Bitcoin rises in value. Also, you can always offer a service which you can provide cheap & fast. For the people posting to gamble, that's not a safe way. The OP specifically asked for a 'safe' way. But, there isn't really a safe way. But, let's not encourage gambling as the saying does go "The house always wins". Also, I just realised, most people telling OP to gamble actually own/are a part of a gambling site.

Just like with ponzis and pyramids, become your own house Grin

Though 2BTC is too low amount for that...
staff
Activity: 3290
Merit: 4114
September 18, 2013, 11:27:04 AM
#24
Grabbing a job/part time job can always help and transferring a little of fiat into Bitcoin can really help when Bitcoin rises in value. Also, you can always offer a service which you can provide cheap & fast. For the people posting to gamble, that's not a safe way. The OP specifically asked for a 'safe' way. But, there isn't really a safe way. But, let's not encourage gambling as the saying does go "The house always wins". Also, I just realised, most people telling OP to gamble actually own/are a part of a gambling site.
sr. member
Activity: 504
Merit: 250
September 18, 2013, 11:25:22 AM
#23
Anyone tell him about guysgonebitcoin ?
hero member
Activity: 504
Merit: 500
September 18, 2013, 08:52:03 AM
#22
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

Or you could just play on jd or primedice & double it up with a 49.5% chance lol
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
September 18, 2013, 05:44:26 AM
#21
Buy some bonds, or just sell them at high price and then buy at low
full member
Activity: 141
Merit: 100
September 18, 2013, 04:22:57 AM
#20
Send me the 2BTC ... I'll send you back 4 BTC ... PM me for address  Wink
+1 Cheesy
legendary
Activity: 1904
Merit: 1002
September 17, 2013, 09:42:31 PM
#19
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
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
September 17, 2013, 08:41:50 PM
#18
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
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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