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Topic: Better bitcoin strategy (Read 1808 times)

sr. member
Activity: 252
Merit: 250
June 14, 2017, 06:45:16 PM
#51
I first entered crypto world by the altcoin door by investing during ICOs but it's a risky way because a lot of projects are still scams.
If you are able to spend time researching about the project and learning about their prospect ,then you could find good ICO's every now and then and i think it is the best way to make money in this market rather than wasting your time trading with all the coins sitting at an all time high valuations,if your investments are crisp then i think it is much safer than trading .
member
Activity: 95
Merit: 10
June 14, 2017, 04:37:38 PM
#50
I first entered crypto world by the altcoin door by investing during ICOs but it's a risky way because a lot of projects are still scams.

If you research first and diversify your wallet it can be a good investment as it gives the opportunity to have cheap coins/tokens easily and for the moment with all the cash coming in crypto the return on investment can be huge. 

But as always, be careful and never invest more than you can afford to loose.
full member
Activity: 195
Merit: 100
June 14, 2017, 04:23:36 PM
#49
Trading is the best off all to earn a good profit here. Mining requires more work and somehow complicated than trading, faucets are more time taking and earning is low. But to start trading first you should have to understand the market and should have knowledge about the coins you are going to invest in.

I agree with you that trade can be very profitable. But there is an important factor - you need to spend all your free time on trade. In addition, you often need to work at night and have constant access to the exchange. Not everyone has this opportunity
sr. member
Activity: 756
Merit: 253
June 14, 2017, 04:16:03 PM
#48
I will suggest both trading and mining but with the mining- it should be Altcoins like monero or ethereum and then you sell them for bitcoins as mining bitcoins straight away is not advisable because of the ever increasing difficulty rate. With regards to the trading I will suggest you understand the fundamentals of financial investment and get some real time training on trading Forex and stocks before you ever commit your bitcoins.
copper member
Activity: 1050
Merit: 294
June 14, 2017, 01:36:20 PM
#47
Trading is the best off all to earn a good profit here. Mining requires more work and somehow complicated than trading, faucets are more time taking and earning is low. But to start trading first you should have to understand the market and should have knowledge about the coins you are going to invest in.
sr. member
Activity: 1078
Merit: 256
June 14, 2017, 12:24:45 PM
#46
If you choose trading, then I think you are correct. This is best bitcoin strategy for me. You can multiple your bitcoin if you just follow the saying that "buy low, sell high". But it is easier said than done. Others have months and months of trading in their sleeves to be fully called professional traders and earning at least close to 1 full btc a moth. So for me trading is the best strategy to accumulate bitcoin.
sr. member
Activity: 406
Merit: 250
June 14, 2017, 09:13:01 AM
#45
For me the way to earn is do trading and freelancing that will pay you in bitcoin, in that way you can generate lots of bitcoin just remember no easy way to earn money put some effort and time to earn money in bitcoin.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
June 14, 2017, 08:59:35 AM
#44
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia






If option five * stock on your own sell on your own after * means buying bitcoin now and holding for a long time to make a profit. I'd say it is the best strategy for now. Mining is profitable too if you are looking for a major investment, small scale mining is expensive and not as profitable and may be not worth the stress. But on a big scale with affordable power, it's a sure thing.


Mining ether is now on trend, I watch many video posted on social media campaign regarding ether mining and how profitable it was, Maybe mining is still profitable even in small scale of mining if we can mine the right coin which is easy to mine as of now and have a potential to price pump on the future just like what happened on XMR and ETH.
legendary
Activity: 3038
Merit: 1169
June 14, 2017, 08:35:20 AM
#43
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia






If option five * stock on your own sell on your own after * means buying bitcoin now and holding for a long time to make a profit. I'd say it is the best strategy for now. Mining is profitable too if you are looking for a major investment, small scale mining is expensive and not as profitable and may be not worth the stress. But on a big scale with affordable power, it's a sure thing.

You can surely mine for bitcoin if your place or you are certainly qualified in doing it but for now it is very difficult in finding blocks so high that it could take over three years to generate any coins. While you could simply set a machine aside and have it run the algorithms endlessly, the energy cost and equipment deprecation will eventually cost more than the actual bitcoins are worth. well if it not worth the cost for you then take a jump and experience it,
sr. member
Activity: 602
Merit: 265
June 14, 2017, 08:12:55 AM
#42
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia






If option five * stock on your own sell on your own after * means buying bitcoin now and holding for a long time to make a profit. I'd say it is the best strategy for now. Mining is profitable too if you are looking for a major investment, small scale mining is expensive and not as profitable and may be not worth the stress. But on a big scale with affordable power, it's a sure thing.
member
Activity: 67
Merit: 12
Byteball: highly scalable cryptocurrency platform
May 27, 2017, 05:34:02 PM
#41
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia




Faucet is something you can eliminate from the list.

If you have very cheap electricity, and if you live not that far from the mining equipment suppliers, mining can be a good investment. Otherwise, it would only be worth it if you build your own chips.

Trading can also be a good investment, as long as you have time to learn, and money to invest.
Trading is not investment, it's making money for taking adavantage in the market's flow. I think you are more lilely to pertain long term investment.
You're right. They are very different things.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
May 27, 2017, 05:30:43 PM
#40
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia




Faucet is something you can eliminate from the list.

If you have very cheap electricity, and if you live not that far from the mining equipment suppliers, mining can be a good investment. Otherwise, it would only be worth it if you build your own chips.

Trading can also be a good investment, as long as you have time to learn, and money to invest.
Trading is not investment, it's making money for taking adavantage in the market's flow. I think you are more lilely to pertain long term investment.
member
Activity: 67
Merit: 12
Byteball: highly scalable cryptocurrency platform
May 27, 2017, 05:27:36 PM
#39
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia




Faucet is something you can eliminate from the list.

If you have very cheap electricity, and if you live not that far from the mining equipment suppliers, mining can be a good investment. Otherwise, it would only be worth it if you build your own chips.

Trading can also be a good investment, as long as you have time to learn, and money to invest.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
May 27, 2017, 04:47:35 PM
#38
Working for bitcoins/buying bitcoins is the best way if you have some skills like coding, marketing, design, web development, etc. You can also get a lot of profit by trading altcoins, if you are good with it, if not better stay away cause you might lose your money. Also remember to save your bitcoins and don't spend them on any unnecessary stuff, or you will find yourself regretting later.
I do like your idea but I think that it will only suit to you if you are living in low-quality country. In some developed countries, I think that it will be easier to earn a lot of money from a real life job. just think about that
If you're talking about the current state of bitcoin then it might be difficult to get a good job that would match a wage in a developed country, although there are exceptions. Some people are educating companies on bitcoin use for good money, some started their own companies in different areas like mining, supplying mining equipment, online casinos, that are bringing millions of USD in profit each year.
I'm sure it will be much easier to find a job paid in bitcoin in the near future.
full member
Activity: 229
Merit: 108
May 27, 2017, 04:46:08 PM
#37
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia




The best way to make bitcoin of all is through trading indeedly. However, it's not on stock market but in altcoins as we can see that altcoins is hype thus it's great opportunity to take advantage in the market.
sr. member
Activity: 241
Merit: 250
Tokens That Store Virtual Energy
May 27, 2017, 04:39:19 PM
#36
Working for bitcoins/buying bitcoins is the best way if you have some skills like coding, marketing, design, web development, etc. You can also get a lot of profit by trading altcoins, if you are good with it, if not better stay away cause you might lose your money. Also remember to save your bitcoins and don't spend them on any unnecessary stuff, or you will find yourself regretting later.
I do like your idea but I think that it will only suit to you if you are living in low-quality country. In some developed countries, I think that it will be easier to earn a lot of money from a real life job. just think about that

In poor countries it is very difficult to earn a living. Earnings are hard enough for food and payment of payments. And so bikotkot helps people to survive. They can not just buy coins. They are forced to earn them
hero member
Activity: 770
Merit: 500
May 27, 2017, 03:00:49 PM
#35
Working for bitcoins/buying bitcoins is the best way if you have some skills like coding, marketing, design, web development, etc. You can also get a lot of profit by trading altcoins, if you are good with it, if not better stay away cause you might lose your money. Also remember to save your bitcoins and don't spend them on any unnecessary stuff, or you will find yourself regretting later.
I do like your idea but I think that it will only suit to you if you are living in low-quality country. In some developed countries, I think that it will be easier to earn a lot of money from a real life job. just think about that
legendary
Activity: 3024
Merit: 2148
May 27, 2017, 02:49:40 PM
#34
Working for bitcoins/buying bitcoins is the best way if you have some skills like coding, marketing, design, web development, etc. You can also get a lot of profit by trading altcoins, if you are good with it, if not better stay away cause you might lose your money. Also remember to save your bitcoins and don't spend them on any unnecessary stuff, or you will find yourself regretting later.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
May 27, 2017, 02:33:32 PM
#33
I'm having a clear ideas for those suggestion you been told guys. generally all about trading and mining... well thank you I need to focus on that two option make a data ,,, learn learn search  search and gain more knowledge. hopefully be successful one day. =)
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
May 27, 2017, 11:51:35 AM
#32
Which better to start on bitcoin.

1. mining
2.trading on stock market/binary
3.faucet
4.investment
5.stock on your own sell on your own after.

I was searching and searching looking for any better ways to start and until now i don't have any firm answer where i gonna start . i really appreciate any suggestion from you guys. tia





You are just starting so mining is not the best thing to do. You have to build at least some good knowledge what it is all about. Don't just listed to others about that and start learning. It's profitable no doubt about that but for a starter and they will do mining as a method to start earning bitcoin is not a wise thing to do.

Forget faucet too as it was not worth it of your time unlike in the past. There are also few faucets around today which can't even you a 100,000k satoshis a week.

I suggest to put up some time to learn about trading. Needs time to learned but I will assure it's worth it. Focus first on BTC/USD traders then after gaining some knowledge about it step up and began learning altcoin trades. Time consuming to learned all of it but it's worth it.
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