No short cut is risk-free
Topic: How do I achieve my goal of owning 10BTC in 2014 (Read 2330 times)
Just buy them over time, and you will reach your target
No short cut is risk-free
No short cut is risk-free
Trading alt coins is risky too, but at least the process is easier and faster. So try them
you can sell your house.
you can sell your car for bitcoin
you can sell your car for bitcoin
You can buy it directly.
You can sell your goods and services for bitcoin.
You can sell your goods and services for bitcoin.
Two options (as mining is not going to help you at this late stage in the game without significant investment):
1. Buy bitcoins now as they have a good chance to double by year's end.
2. Offer services to other community members (either offline or online) in exchange for bitcoins.
1. Buy bitcoins now as they have a good chance to double by year's end.
2. Offer services to other community members (either offline or online) in exchange for bitcoins.
coinbase sucks btw.
i'd watch the altcoin markets. they go through hype cycles like bitcoin.
i'd watch the altcoin markets. they go through hype cycles like bitcoin.
I don't know. Maybe you should invest (a small amount) into something innovative with a huge growth potential and small risk, such as NXT.
Make accounts for your whole family
just wait with that 1 account, it's not so urgent that you can't wait for it to mature
I guess
I guess
Mine alternative currencies and trade for BTC. That is what most people do.
You don't need instant buy on coinbase. You can buy 50 BTC per day (week?) non-instantly. It locks in your price, just takes a few days to get you the coins. Since you have 11.5 months left in 2014 I'm sure you can wait a few days.
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I would suggest buying some NXT. It is the most innovative crypto-currency on the market. Some argue that it is actually more innovative than bit coin
Some will argue that it's not as well
.
I would suggest buying some NXT. It is the most innovative crypto-currency on the market. Some argue that it is actually more innovative than bit coin
try the mining of alt coin.
I think it is a better option to reach your 10 BTC.
Good luck
I think it is a better option to reach your 10 BTC.
Good luck
Or you could try mining at a multicoin pool.
I'd like to get better with this. Any tips?
I am still new to this too and only just learning how to trade. I guess, practise on smaller amounts and work your way up. I am still trading high volume and I don't think my strategy will work as well on higher volumes. But as I increase my volumes I figure out new strategies and hope to adapt.
I would also suggest alt coins. There is enough movement in daily prices to make 10-500% per day. I play conservatively and manage 10-20% per week tough I don't have time to trade daily. I maybe spent and hour every other day and 5 minutes on other. If you manage make and maintain 10% per week and start with 1 bitcoin you will have 142 bitcoin at the end of the year. Probably not realisticly possible as it will become harder as your volumes increase as your buys and sell will impact the market.
I'd like to get better with this. Any tips?
I would also suggest alt coins. There is enough movement in daily prices to make 10-500% per day. I play conservatively and manage 10-20% per week tough I don't have time to trade daily. I maybe spent and hour every other day and 5 minutes on other. If you manage make and maintain 10% per week and start with 1 bitcoin you will have 142 bitcoin at the end of the year. Probably not realisticly possible as it will become harder as your volumes increase as your buys and sell will impact the market.
Hello. I have a goal of owning 10BTC by the end of 2014, hopefully sooner. I currently have 1.70 Bitcoin which I paid USD for, but my goal is to capitalize on the ups and downs of the market, sell high and buy low. My hope is that slowly over time, I will amass more and more. If it ever crashes, I will inject more USD into my investment, but for now I just want to try and parlay the BTC I have.
I have had great experience with Coinbase, and have accounts at Cryptsy, BTC-E and Mt-Gox. I've also checked out a bot site called Butter Bot, but this seems a bit complicated.
The problem I'm having is that transactions take too long. As far as I can tell, there is no "ETrade for a bitcoin" where I can move money into and out of the market in a matter of seconds. Coinbase is pretty awsome, but I am still at a .10 BTC /week instant buy limit, and in a few days should hopefully have 1BTC/week instant. This just isn't quick enough!
Can someone guide me with some recommendations? Should I make multiple Coinbase accounts and let them all mature for 30 days? Should I shuttle BTCs from one service to another? Is there another site I am missing?
Thanks!
I have had great experience with Coinbase, and have accounts at Cryptsy, BTC-E and Mt-Gox. I've also checked out a bot site called Butter Bot, but this seems a bit complicated.
The problem I'm having is that transactions take too long. As far as I can tell, there is no "ETrade for a bitcoin" where I can move money into and out of the market in a matter of seconds. Coinbase is pretty awsome, but I am still at a .10 BTC /week instant buy limit, and in a few days should hopefully have 1BTC/week instant. This just isn't quick enough!
Can someone guide me with some recommendations? Should I make multiple Coinbase accounts and let them all mature for 30 days? Should I shuttle BTCs from one service to another? Is there another site I am missing?
Thanks!
Go to PrimeDice, and gamble it to 10 BTC lol. It's so easy to do, but easier to lose it all.
Take it steady and trade on shorts, keep ear to the ground for news etc.
Prostitution
I'm thinking of extending my hosting company, or creating a new arm that accepts bitcoin only. That might bring in some, but will be a while before 10 is achieved for me.
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