Have $20 worth of bitcoin, how to earn more with it? - page 11.

Nimbulan

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Activity: 658

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Quote from: SinsOfWrath on June 23, 2016, 11:01:46 AM

I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.

how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?

if anyone got some advice, please tell me.
since i was new to bitcoin.

thanks...

faucets and surveys are decent way to earn, because you won't lose your money but this way is pretty slow, but if you won't find any better way to earn money you can keep these too

personally i would offer you to start trading, simply choose other currency like etherium and buy it while it is cheap and sell when expensive, as this way you will earn lots of profit

manselr

legendary

Activity: 868

Merit: 1006

Signature campaign don't pay enough. Study and get a real job, everything else requires too much luck and talent too to excel and get rich. If you don't have anything special to offer then you are stuck in the rat race like 99% of people out there.

bitcoinisfurture

hero member

Activity: 700

Merit: 500

You can join any signature campaign. You can trade and earn a bit. Or else if you want to gamble you can make it double if you win or lose it that is the risk. Or else keep it and if btc prices rose if you have more value to it.

ronaldo40

legendary

Activity: 1554

Merit: 1014

$20 is well worth if you do the trade altcoins, you can do a brisk trade to get a profit.
even if you have enough experts, $20 can be a lot in one week.

avikz

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Activity: 3080

Merit: 1500

Quote from: SinsOfWrath on June 23, 2016, 11:01:46 AM

I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.

how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?

if anyone got some advice, please tell me.
since i was new to bitcoin.

thanks...

Welcome to the world of bitcoin..Faucets are no good. They will only introduce you to the world of bitcoin and nothing else. If you want to make big, then forget faucets.

You have two ways to make money with $20....Trade and invest in p2p loans...However, both the ways are risky so choose wisely. If you choose to invest in p2p loans, then choose only A+ rated borrowers..But if you choose to trade, please learn trading first and then do it.

serjent05

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Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: ausbit on June 30, 2016, 02:54:53 AM

Quote from: Cyaren on June 27, 2016, 07:11:47 PM

Even though $20 is a very low amount for this, you could try to sell bitcoins to another payment method for a slightly higher price and then rebuy bitcoins with that extra money, rinse and repeat. The only downside would be that you might have to wait a bit for someone that's interested or desperate for bitcoins and you won't earn that much.

That is usually done when you have big chunks of money. With 20$ he might end up paying all that amount in fees only. The best way to earn with 20$ is gambling I have t say this though gambling will make you loose.

YEAH I agree gamble with 20 usd and you may get 10x profit with it but it might be gone like vapor in no time. If you want a lesser risk, you can trade with it. But you need much research so you can win a profit and avoid a lost.

ausbit

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Quote from: Cyaren on June 27, 2016, 07:11:47 PM

Even though $20 is a very low amount for this, you could try to sell bitcoins to another payment method for a slightly higher price and then rebuy bitcoins with that extra money, rinse and repeat. The only downside would be that you might have to wait a bit for someone that's interested or desperate for bitcoins and you won't earn that much.

That is usually done when you have big chunks of money. With 20$ he might end up paying all that amount in fees only. The best way to earn with 20$ is gambling I have t say this though gambling will make you loose.

toodamntired

sr. member

Activity: 471

Merit: 250

I think it takes a mix, as in your original post. Do multiple things. With only $20, there's not much you can do; so hold it as one person suggested and just keep going with what you are doing now. That at least works for you; hence the $20 btc. Services, reselling goods and signature campaigns seem to do the best for me.

richardsNY

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Merit: 1091

Quote from: richmcrich on June 29, 2016, 02:33:00 PM

Quote from: selling3accounts on June 26, 2016, 02:44:53 AM

dont trade altcoins, its always a loss, stick to btc, join bitfinex and your profit will grow with margin trades Grin

Yes with 20$ worth of money I will never suggest trading bitcoins. Your best way to earn money would be to provide loans to people here because they give high interest. I personally feel this is the best way.

Providing loans with just $20 is barely worth the time. It's better to just save it up and start offering your (skills) services to the public and start earning more. Eventually all the small amounts will add up and form a decent amount.

richmcrich

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Activity: 1120

Merit: 507

Quote from: selling3accounts on June 26, 2016, 02:44:53 AM

dont trade altcoins, its always a loss, stick to btc, join bitfinex and your profit will grow with margin trades Grin

Yes with 20$ worth of money I will never suggest trading bitcoins. Your best way to earn money would be to provide loans to people here because they give high interest. I personally feel this is the best way.

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: MTBTT on June 26, 2016, 04:38:45 AM

Quote from: selling3accounts on June 26, 2016, 02:44:53 AM

dont trade altcoins, its always a loss, stick to btc, join bitfinex and your profit will grow with margin trades Grin

Lol my friend became rich from trade altcoin. How could you say that altcoin trade is bad. I think it depends on your skill Lol

Maybe because how much altcoins you can buy with 20$ bitcoin ? Basically you cannot start trading with 20$worth of bitcoins because often we give loss in trading and with 20$ you would fall down.

rhed718

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Activity: 70

Merit: 10

Quote from: ASHLIUSZ on June 28, 2016, 01:12:01 PM

The value of bitcoin can, and does, go up and down dramatically. If that's the case $20 then but as many coins as you can and use it in future.

Yes bitcoin has a good value right now, but your $20 now is generate few bitcoin, if you invest that you need to try trading but the risk is very high and continue collecting and do not invest in investment site.

Barnabe

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★Bitvest.io★ Play Plinko or Invest!

Quote from: cjmoles on June 28, 2016, 03:42:12 AM

Sell it to somebody for a profit. (In fact, I will give you $30 in Dwolla for it right now.) You can advertise on the auction sites and make a premium on it. Or, you can get a premium for it by offering it on localbitcoins....Other than that...don't expect to gain large returns from such a small amount. AND, stay away from any offer that advertises large returns....bitcoin doublers and such...those are HYIP's and they take your money.

I think this is a good idea. If you manage to get some profit and than buy back in a big exchange, you can manage to get a few bucks (depending on the number of people selling them in your area).

bitdoger

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Quote from: Dank Frank on June 28, 2016, 10:07:52 AM

What about investing in a site like btcjam or loanbase? I haven't tried that myself yet, but will in the near future.

investing in a site is not good way to earn money or make it X2) best way is trade but ..of course $20 is small amount for trade ) but yes one way from my wiew hold them as btc in wallet becaus btc price is go up EveryDay

mishra1994u

full member

Activity: 196

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I think you have to show some patience and try to collect more and more bitcoin..20$ is a nice start..as you get more experienced you will earn more..reach 100USD first..do not do gambling or trading till den i advice

ASHLIUSZ

hero member

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The value of bitcoin can, and does, go up and down dramatically. If that's the case $20 then but as many coins as you can and use it in future.

Dank Frank

sr. member

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Too Weird to Live. Too Rare to Die...

What about investing in a site like btcjam or loanbase? I haven't tried that myself yet, but will in the near future.

pereira4

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20 is nothing, I would recommend against trading and just get a job and try to make at least 1,000 dollars in BTC, ideally 10,000. Once you reach that point, you can start trading, but trading with small amounts like those will require high risk if you want to make any sort of relevant gains.

phreaky

hero member

Activity: 546

Merit: 500

I you really want to earn more Bitcoin then you should buy them with your own money or try to win them by gambling and I do not think that that is going to work.
The only thing that you can do is buy them and invest time in them by holding for future. If you are able to do that constantly you will make a profit every time and use that money to buy more coins. It is like a cycle you keep doing the same.

cjmoles

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Sell it to somebody for a profit. (In fact, I will give you $30 in Dwolla for it right now.) You can advertise on the auction sites and make a premium on it. Or, you can get a premium for it by offering it on localbitcoins....Other than that...don't expect to gain large returns from such a small amount. AND, stay away from any offer that advertises large returns....bitcoin doublers and such...those are HYIP's and they take your money.

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