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Topic: How do you multiply with 1BTC capital? - page 4. (Read 5269 times)

member
Activity: 175
Merit: 10
August 28, 2014, 02:23:01 AM
#45
A friend of mine takes next another approach, but I really can't vouch for his screwy logic or deranged mentality. He says to:

Try to find places/things to spend it on. That helps the transactional use and acceptance of it by others—which in time, it will help the value grow for you and everyone else. But when you spend some, always replenish that amount with more BTC. That helps the liquidity pool grow, and keeps your balance up. If you can save a little and set it aside, go for it. That helps the price grow. But don't set anymore aside than you're willing to lose completely. (I know, kind of sucks.) And don't go into mining. That ship has sailed.

Told you he was wrong...
member
Activity: 146
Merit: 10
One Token to Move Anything Anywhere
August 28, 2014, 01:51:28 AM
#44
The first thing to do is find a good bitcoin gambling site. Put your BTC down, double or nothing. Now you'll have 2BTC. A lot of people just quit right then and there. That's a mistake. The real key is to then take that whole sum and double-down on it again! This is what separates the men from the boys. Now you'll have 4BTC and earned a 4x multiplier on your capital. High-Five! You can do it!
sr. member
Activity: 406
Merit: 250
August 28, 2014, 01:23:13 AM
#43
I have started using a really great cloud mining service about 3 months ago and these guys are really, really great. Expected ROI is about 3 months. The best thing is that they give you a free cloud asic chips every 6 weeks in order to compensate for difficulty increase. Ah yes, this is scrypt cloud but you can exchange coins for BTC.
I will not go in more details since I do not want to look as a promoter but it offers really good stuff. If you are interested, take a look at my signature or drop me a PM, I ll gladly help.
member
Activity: 118
Merit: 10
August 28, 2014, 12:17:06 AM
#42
this is difficult...


I have tried mining, buying shares, reselling bitcoins, etc but nothing had given me a real benefit (if in the meantime, the bitcoin price's goes up, you'd probably lose because dividends in dollars keep the same, but in bitcoin is lower, so you will have less than your first bitcoin)


you could try trading in an exchange, but you have to read a lot about stock markets if you don't want to lose

so, u try trading in an exchange. u profit for that?
if yes, can share u strategy to trading btc. thanks.


well... i started in 2011 in mtgox....


now with some experience I have more control about my feelings and that is important


I read some stuff in google about japanese candles, and forex. Now I am using metatrader4 with BTC-E, this is a good tool and you can find a lot of indicators in google.

Basically you may wait a "crash" for sell... knowing more or less where the price would to stop falling, you can rebuy at this point and you will have more btc than when you started


but I repeat, if you want to do this professionally, you have to practice for months and read a lot of books.  


you must understand this graphics:

https://bitcoinwisdom.com/markets/bitstamp/btcusd



member
Activity: 98
Merit: 10
August 27, 2014, 10:57:33 PM
#41
Don't you listen to any of those baboons. If they could profit as they say they can then they wouldn't be here giving you advice they would just keep their secret to themselves and hoard all the coins.
legendary
Activity: 1946
Merit: 1007
August 27, 2014, 10:31:44 PM
#40
this is difficult...


I have tried mining, buying shares, reselling bitcoins, etc but nothing had given me a real benefit (if in the meantime, the bitcoin price's goes up, you'd probably lose because dividends in dollars keep the same, but in bitcoin is lower, so you will have less than your first bitcoin)


you could try trading in an exchange, but you have to read a lot about stock markets if you don't want to lose

so, u try trading in an exchange. u profit for that?
if yes, can share u strategy to trading btc. thanks.
member
Activity: 118
Merit: 10
August 27, 2014, 10:06:16 PM
#39
this is difficult...


I have tried mining, buying shares, reselling bitcoins, etc but nothing had given me a real benefit (if in the meantime, the bitcoin price's goes up, you'd probably lose because dividends in dollars keep the same, but in bitcoin is lower, so you will have less than your first bitcoin)


you could try trading in an exchange, but you have to read a lot about stock markets if you don't want to lose
sr. member
Activity: 476
Merit: 250
August 27, 2014, 08:44:50 PM
#38
I would hang on to that 1 btc for dear life, hold long term and work to earn more.  In 3-5 years if bitcoin successes it could be worth tens of thousands of dollars. 

Depending on where you live and your level of education, it's not that hard to earn another $500, work and earn and buy another btc and double your holdings.  Really with an amount that small even if you put 0.2 into a high risk but promising alt coin, if you lose that's a 5th of your total gone, a huge loss in proportion.  With that relatively small amount it's easier to increase your holdings by earning more.  If you had 50x or 100x that amount I may advise differently.

That's the most reasonable advice one could give.

Of course you could multiply your bitcoin. But not without substantial risk. That risk is far to high to take, if you can't compensate a potential loss easily. Too much greed often leads to ruin. Today it's still possible to buy a decent amount of bitcoin from fiat earnings.

ya.ya.yo!
I don't think this is the kind of advice the OP was looking for. I think the OP was trying to find a way to invest 1 BTC some way and after some amount of time turn it into 2 BTC due to investment returns. I personally think that investing in a gambling site's bankroll would probably be the safest way to do this, however you would need to be sure that you can trust the site's operator.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 27, 2014, 09:36:20 AM
#37
you can try some small trading with bitcoin itself, because altcoin are too dangerous at the moment
legendary
Activity: 1806
Merit: 1024
August 27, 2014, 09:29:55 AM
#36
I would hang on to that 1 btc for dear life, hold long term and work to earn more.  In 3-5 years if bitcoin successes it could be worth tens of thousands of dollars.  

Depending on where you live and your level of education, it's not that hard to earn another $500, work and earn and buy another btc and double your holdings.  Really with an amount that small even if you put 0.2 into a high risk but promising alt coin, if you lose that's a 5th of your total gone, a huge loss in proportion.  With that relatively small amount it's easier to increase your holdings by earning more.  If you had 50x or 100x that amount I may advise differently.

That's the most reasonable advice one could give.

Of course you could multiply your bitcoin. But not without substantial risk. That risk is far to high to take, if you can't compensate a potential loss easily. Too much greed often leads to ruin. Today it's still possible to buy a decent amount of bitcoin from fiat earnings.

ya.ya.yo!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
August 27, 2014, 09:12:11 AM
#35
I would avoid the idea of "investing" in bitcoin. It does not function as an investment vehicle and while the price does tend to grow over time, it also tends to lose 60% of it's value periodically. Alt coins are even more risky and I would guess that most lose money trying.
Remember that the real strength of bitcoin is utility. Try using it for purchases and you will better understand why it considered one of the most powerful ideas on the internet.
sr. member
Activity: 952
Merit: 281
August 27, 2014, 08:57:08 AM
#34
You will be very happy with just 1 BTC in 10 years time.  However, if you must obtain more simply buy more with money you make outside of Bitcoin
newbie
Activity: 4
Merit: 0
August 27, 2014, 08:50:49 AM
#33
You could invest in Lite coins at the right time because LTC is jumping from $3 to $6 then down to $4.8 and up to $5.5, If you don't do mistakes With It I think you could double with this.
full member
Activity: 182
Merit: 101
August 27, 2014, 08:38:57 AM
#32
you try business lending borrowing btc
https://bitcointalk.org/index.php?board=65.0

too much risk lending and borrowing in the online world.
I do not dare it  Undecided
hero member
Activity: 868
Merit: 1000
August 27, 2014, 07:41:30 AM
#31
I would hang on to that 1 btc for dear life, hold long term and work to earn more.  In 3-5 years if bitcoin successes it could be worth tens of thousands of dollars.  

Depending on where you live and your level of education, it's not that hard to earn another $500, work and earn and buy another btc and double your holdings.  Really with an amount that small even if you put 0.2 into a high risk but promising alt coin, if you lose that's a 5th of your total gone, a huge loss in proportion.  With that relatively small amount it's easier to increase your holdings by earning more.  If you had 50x or 100x that amount I may advise differently.
member
Activity: 70
Merit: 10
August 27, 2014, 07:40:39 AM
#30
Put your money somewhere and wait for it to grow, aka luck.
hero member
Activity: 700
Merit: 500
August 27, 2014, 07:26:58 AM
#29
the best thing to do right now is sell back and forth between altcoins or sell for usd on the higher side and then put in buy orders on the lower side. it is possible to make 2 to 3% every day doing this as that is the normal price difference, exchange fee is only .2% so its not bad to do a few trades.
member
Activity: 84
Merit: 10
August 27, 2014, 06:51:40 AM
#28
you try business lending borrowing btc
https://bitcointalk.org/index.php?board=65.0
hero member
Activity: 588
Merit: 500
August 27, 2014, 05:48:15 AM
#27
hallo bitcoiners Smiley

I want to ask, how do you multiply with 1BTC capital?
what would you do? invest? play in mining? or else Smiley
please share your opinion here Smiley
You would do it the same way that you would grow any other kind of money, be either it be US dollars (or any other kind of fiat). In order to grow your capital you would need to somehow invest your coin.

I would suggest the lending sub-forum and lend out your coin (be sure to have your loans be secured by collateral held by escrow). When the loans come due you should receive your coin back plus interest. If the borrower does not pay you back then you can sell the collateral and use that funds to repay yourself.
newbie
Activity: 28
Merit: 0
August 27, 2014, 05:35:05 AM
#26
Wait for the next bubble and try to sell as closer to the ATH as you can.
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