How do I grow my btc? - page 71. | Bitcointalksearch.org

jossiel

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Quote from: Xenophoto on February 17, 2017, 09:15:38 AM

Quote from: jossiel on February 16, 2017, 11:27:24 PM

Quote from: Your Point Is Invalid on February 16, 2017, 06:26:47 PM

OP just hold on to your bitcoins and ensure that you have the private keys to access you address, over time, people will lost their keys which means that their bitcoins will be lost forever, this will make your bitcoin more valuable, after a few years your 0.5BTC will still be 0.5BTC but it will increase in value

Why you are thinking that people will lost their keys? I don't think so that it will happen to all of us, though I can't deny that it will happen.

And holding is what I wanted to say too only if he has a stable source of income and can sustain the things that he needs with his other source.

Or else, holding is not for him and he can have a choice with trading which is a good one.

There's this thing called death and if you didn't leave your private key to someone before you die, your bitcoins are lost forever. There are also times when you forgot the password of your online wallet and if you're using online wallet, you don't have the private keys. They will be lost forever unless the online wallet that you've been using got hacked and the hackers get all the money by having access to everyone's private keys using the online wallet's database.

And for the nth time, holding does not grow your bitcoins. The value of bitcoin simply increases but 1BTC is still 1BTC after millions of years.

Death is very far and different from saying lost keys. But you are right that there are some cases that an individual can forget his password.

But of course if you are valuing your bitcoins and as well as your wallets, you are not going to forget it and you'll back them up.

By simply printing or writing those information that you need.

agamasrori

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Quote from: Lecam on February 16, 2017, 10:49:45 PM

Their many ways to grow your bitcoin. Once you have bitcoin first to do trade it in altcoin choose a better one to make profit. Or do invest it in legit site or u can stock your bitcoin in your wallet wait the bitcoin price get high to grow your btc.

You can not grow youre bitcoin only by stock your bitcoin in your wallet, perhaps you mean is trading bitcoin-fiat. you waiting for bitcoin prices rose and then you sell, then you wait for the price of bitcoin down and buy it.

bitbob82

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Quote from: grandy on February 17, 2017, 09:34:18 AM

Quote from: Your Point Is Invalid on February 16, 2017, 06:26:47 PM

OP just hold on to your bitcoins and ensure that you have the private keys to access you address, over time, people will lost their keys which means that their bitcoins will be lost forever, this will make your bitcoin more valuable, after a few years your 0.5BTC will still be 0.5BTC but it will increase in value

yes currently it will be a good decision if you hold your bitcoin for some good time because the price of bitcoin is contentiously increasing and it is expected that the price of bitcoin will increase more therefore holding bitcoin is a good idea.

ye holding bitcoin in present time will be a good decision. because the price is increasing continuously and it is expected that the price of bitcoin can cross 1500 USD level inn next few months. therefore holding bitcoin is really a good decision.

grandy

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Quote from: Your Point Is Invalid on February 16, 2017, 06:26:47 PM

OP just hold on to your bitcoins and ensure that you have the private keys to access you address, over time, people will lost their keys which means that their bitcoins will be lost forever, this will make your bitcoin more valuable, after a few years your 0.5BTC will still be 0.5BTC but it will increase in value

yes currently it will be a good decision if you hold your bitcoin for some good time because the price of bitcoin is contentiously increasing and it is expected that the price of bitcoin will increase more therefore holding bitcoin is a good idea.

xvids

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Well if you want more faster way than trading why don't you just go to some gambling sites,
For me I also consider trading as gambling but it is much more safer if you know the right way to do it.

Xenophoto

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Quote from: jossiel on February 16, 2017, 11:27:24 PM

Quote from: Your Point Is Invalid on February 16, 2017, 06:26:47 PM

OP just hold on to your bitcoins and ensure that you have the private keys to access you address, over time, people will lost their keys which means that their bitcoins will be lost forever, this will make your bitcoin more valuable, after a few years your 0.5BTC will still be 0.5BTC but it will increase in value

Why you are thinking that people will lost their keys? I don't think so that it will happen to all of us, though I can't deny that it will happen.

And holding is what I wanted to say too only if he has a stable source of income and can sustain the things that he needs with his other source.

Or else, holding is not for him and he can have a choice with trading which is a good one.

There's this thing called death and if you didn't leave your private key to someone before you die, your bitcoins are lost forever. There are also times when you forgot the password of your online wallet and if you're using online wallet, you don't have the private keys. They will be lost forever unless the online wallet that you've been using got hacked and the hackers get all the money by having access to everyone's private keys using the online wallet's database.

And for the nth time, holding does not grow your bitcoins. The value of bitcoin simply increases but 1BTC is still 1BTC after millions of years.

jossiel

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Quote from: Your Point Is Invalid on February 16, 2017, 06:26:47 PM

OP just hold on to your bitcoins and ensure that you have the private keys to access you address, over time, people will lost their keys which means that their bitcoins will be lost forever, this will make your bitcoin more valuable, after a few years your 0.5BTC will still be 0.5BTC but it will increase in value

Why you are thinking that people will lost their keys? I don't think so that it will happen to all of us, though I can't deny that it will happen.

And holding is what I wanted to say too only if he has a stable source of income and can sustain the things that he needs with his other source.

Or else, holding is not for him and he can have a choice with trading which is a good one.

Lecam

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Their many ways to grow your bitcoin. Once you have bitcoin first to do trade it in altcoin choose a better one to make profit. Or do invest it in legit site or u can stock your bitcoin in your wallet wait the bitcoin price get high to grow your btc.

Your Point Is Invalid

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OP just hold on to your bitcoins and ensure that you have the private keys to access you address, over time, people will lost their keys which means that their bitcoins will be lost forever, this will make your bitcoin more valuable, after a few years your 0.5BTC will still be 0.5BTC but it will increase in value

buyinbtc

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Quote from: ?? on ??

I also managed to collect as much as 0.0001 BTC ya understand the course I was still a newbie so I need your opinion how much and quickly generate Bitcoins, need advice.
Thank you in advance.

All of us came from collecting small amount bitcoin and as we grow older on it, we are learning a lot of things. And so far now with your current rank as newbie you can join some social media campaigns which will allow you collect more bitcoins depending on the campaign you'll join. Once you got the payment already, do some experimentation with trading of alt coin.

Problem is that there almost no campaigns that accepts newbies, and if he will find one that accepts, it is usually full of newbies. what you can do is to stay active in this forum and once you will be member, you can try to join signature campaign, then you'll post for bitcoins so you will "grow" your bitcoins.

Or you can continue doing trading, if you are afraid to trade with large amounts, you can keep doing small ones to earn something

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BitcoinPC

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Quote from: ChronoLite on February 14, 2017, 05:08:02 AM

Quote from: Ewinsane on February 11, 2017, 02:52:11 PM

i think you are wasting your time to wait for low price of bitcoin i am sure bitcoin will be never drop it price because bitcoin is going to rising its price too much faster day by day and i think the current price is much more better to buy bitcoin and bitcoin will be more increase its price in coming few days.

Yes. When is the right time for Bitcoin's price is "low"? Maybe "$500 or even "$200" no it's not going to happen and I agree with you buying bitcoin now is the best idea because the price is falling.

But we should keep in mind bitcoin is unpredictable price currency. May be after some weeks, we see bitcoin is suddenly going to down, and this time will come, not soon but sure the time will come when bitcoin start to down. I don't want bad thinking for bitcoin, but it is reality and it is also a chance to buy the bitcoin, whom don't buy the bitcoin in a high price.

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Quote from: BitHodler on February 14, 2017, 07:45:43 PM

Quote from: richardsNY on February 14, 2017, 03:05:08 PM

Quote from: BitHodler on February 14, 2017, 05:42:46 AM

I just don't understand why people always tend to wait so long before they start buying. There were enough opportunities to buy coins far below current prices not that long ago, but no, right now is when they start buying.

I think it's because they gain a lot confidence from the price that has gone up quite a bit. For them an increased price is some sort of a confirmation that the market is doing well and likely to head up even more. However, the reality is that quite often these people end up seeing themselves buy at the top where after that the price starts heading down. These people simply don't have the courage to buy at the time the price goes down. This was the case back when the price was just $300 and it's still exactly like that right now. No difference.

If that's really how they look at the market, then it's fairly easy to assume that they are just buying based on how they feel.

As we probably all know, feelings have never turned out to be a great guide when it comes to trading. Trading should be based on thorough understanding of how the market is at a given time, and then you can act accordingly.

I consider people that follow their feelings to be yolo gamblers since it has nothing to do with actual trading. But then again, if everyone was a champ in trading the market would be insanely boring and non profitable.

True, for most of the people who are new to bitcoin and have never seen it go down below $500, usually end up making the wrong decisions when it comes to the right time to buy bitcoin, usually the smart way is to buy the bitcoin when the price is low and wait for it to go high and then sell which takes a lot of courage.

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Quote from: JeffBrad12 on February 14, 2017, 10:13:02 PM

Quote from: ChronoLite on February 14, 2017, 05:08:02 AM

Quote from: Ewinsane on February 11, 2017, 02:52:11 PM

i think you are wasting your time to wait for low price of bitcoin i am sure bitcoin will be never drop it price because bitcoin is going to rising its price too much faster day by day and i think the current price is much more better to buy bitcoin and bitcoin will be more increase its price in coming few days.

Yes. When is the right time for Bitcoin's price is "low"? Maybe "$500 or even "$200" no it's not going to happen and I agree with you buying bitcoin now is the best idea because the price is falling.

At least we are on the $1000 and i will be feeling optimism in march bitcoin ETF will get approval by SEC and it will bring big advantages for bitcoin especially in their volume(price).

The price that I see as of the moment, it will represent how strong bitcoin is, some manipulation has happen in the past few days when the price went down, they uses the negative news about the PBOC actions on exchanges to make a dump, some have sold especially the weak hands but here we are again, we are back at a good price, I'm happy I did not panic. As we go along with this yearly, the only certain thing that will happen is the price increase.

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Quote from: ChronoLite on February 14, 2017, 05:08:02 AM

Quote from: Ewinsane on February 11, 2017, 02:52:11 PM

i think you are wasting your time to wait for low price of bitcoin i am sure bitcoin will be never drop it price because bitcoin is going to rising its price too much faster day by day and i think the current price is much more better to buy bitcoin and bitcoin will be more increase its price in coming few days.

Yes. When is the right time for Bitcoin's price is "low"? Maybe "$500 or even "$200" no it's not going to happen and I agree with you buying bitcoin now is the best idea because the price is falling.

At least we are on the $1000 and i will be feeling optimism in march bitcoin ETF will get approval by SEC and it will bring big advantages for bitcoin especially in their volume(price).

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Quote from: BitHodler on February 14, 2017, 05:42:46 AM

Quote from: ChronoLite on February 14, 2017, 05:08:02 AM

Yes. When is the right time for Bitcoin's price is "low"? Maybe "$500 or even "$200" no it's not going to happen and I agree with you buying bitcoin now is the best idea because the price is falling.

What are you talking about, the price isn't falling at all. Another point is that the price right now isn't that tempting to buy at because nothing indicates a massive upswing any time soon.
Chances for the price to go up are equal to the chances to go down, which is exactly why you should stick to hodl the coins you already have. Only if you don't have any coins then you could think about buying.
I just don't understand why people always tend to wait so long before they start buying. There were enough opportunities to buy coins far below current prices not that long ago, but no, right now is when they start buying.

You already get a answer for your question and I think you misunderstood my word. When the price hits the price which called it "low"? . You never get it, now it's the best time to buy because price is always increasing.

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Quote from: BitHodler on February 14, 2017, 07:45:43 PM

Quote from: richardsNY on February 14, 2017, 03:05:08 PM

Quote from: BitHodler on February 14, 2017, 05:42:46 AM

I just don't understand why people always tend to wait so long before they start buying. There were enough opportunities to buy coins far below current prices not that long ago, but no, right now is when they start buying.

I think it's because they gain a lot confidence from the price that has gone up quite a bit. For them an increased price is some sort of a confirmation that the market is doing well and likely to head up even more. However, the reality is that quite often these people end up seeing themselves buy at the top where after that the price starts heading down. These people simply don't have the courage to buy at the time the price goes down. This was the case back when the price was just $300 and it's still exactly like that right now. No difference.

If that's really how they look at the market, then it's fairly easy to assume that they are just buying based on how they feel.

As we probably all know, feelings have never turned out to be a great guide when it comes to trading. Trading should be based on thorough understanding of how the market is at a given time, and then you can act accordingly.

I consider people that follow their feelings to be yolo gamblers since it has nothing to do with actual trading. But then again, if everyone was a champ in trading the market would be insanely boring and non profitable.

We can't really tell whether we have skills and strategy sometimes there are times that we need to think on the spot before entering into any transactions and games,growing money must be our very interest and having discipline is a way.

BitHodler

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Quote from: richardsNY on February 14, 2017, 03:05:08 PM

Quote from: BitHodler on February 14, 2017, 05:42:46 AM

I just don't understand why people always tend to wait so long before they start buying. There were enough opportunities to buy coins far below current prices not that long ago, but no, right now is when they start buying.

I think it's because they gain a lot confidence from the price that has gone up quite a bit. For them an increased price is some sort of a confirmation that the market is doing well and likely to head up even more. However, the reality is that quite often these people end up seeing themselves buy at the top where after that the price starts heading down. These people simply don't have the courage to buy at the time the price goes down. This was the case back when the price was just $300 and it's still exactly like that right now. No difference.

If that's really how they look at the market, then it's fairly easy to assume that they are just buying based on how they feel.

As we probably all know, feelings have never turned out to be a great guide when it comes to trading. Trading should be based on thorough understanding of how the market is at a given time, and then you can act accordingly.

I consider people that follow their feelings to be yolo gamblers since it has nothing to do with actual trading. But then again, if everyone was a champ in trading the market would be insanely boring and non profitable.

richardsNY

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Quote from: BitHodler on February 14, 2017, 05:42:46 AM

I just don't understand why people always tend to wait so long before they start buying. There were enough opportunities to buy coins far below current prices not that long ago, but no, right now is when they start buying.

I think it's because they gain a lot confidence from the price that has gone up quite a bit. For them an increased price is some sort of a confirmation that the market is doing well and likely to head up even more. However, the reality is that quite often these people end up seeing themselves buy at the top where after that the price starts heading down. These people simply don't have the courage to buy at the time the price goes down. This was the case back when the price was just $300 and it's still exactly like that right now. No difference.

uneng

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Quote from: matthona on February 14, 2017, 07:44:54 AM

Quote from: ChronoLite on February 14, 2017, 05:08:02 AM

Quote from: Ewinsane on February 11, 2017, 02:52:11 PM

i think you are wasting your time to wait for low price of bitcoin i am sure bitcoin will be never drop it price because bitcoin is going to rising its price too much faster day by day and i think the current price is much more better to buy bitcoin and bitcoin will be more increase its price in coming few days.

Yes. When is the right time for Bitcoin's price is "low"? Maybe "$500 or even "$200" no it's not going to happen and I agree with you buying bitcoin now is the best idea because the price is falling.

I don't see anywhere that the price of bitcoin is falling at a moment and we are sitting at $1k level which is pretty good price to have and I don't think that this is the best time to buy bitcoins as most of the people will consider this price to be very high for making investments and they will wait for the price drop to buy bitcoins.

I think it's good to buy bitcoins now, why not? The price will increase more yet, I thought the price would say stable near 900$, but I was wrong, it already came back to 1000$ very fast, and it will increase more yet, it's to buy bitcoins safely.
The investment will worth, following what happened since January I think the spectatives are good to have bitcoin near 1500$ in the middle of this year.

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