I have money to buy 1 btc as my investment. Please give me tips to make a living

X7

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Let he who is without sin cast the first stone

Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

Honestly you are asking to make a living from $660 USD - even if you had exceptional trades, this is not achievable. Trading is not easy or a sure thing, you should consider alternative sources of income and earn more BTC.

CoinBreader

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first how many to you want to make per month from that btc ? what are you aiming for ?
but i think it is a very small amount to make a living, trading need a lot of read, and i think you would be in deep waters, (for now)
and investing ... is more complex than trading... to find out is the investment site is a scam or not..

Sir Reginald

newbie

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Lots of ways to make money with btc. Just have to be smart about it.

wintermeasures

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Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

I think for you I, more advised to make their own business offline compared to plunge into the world bitcoin. Bitcoin world is full of promises but also with uncertainty. But if you want to invest in bitcoin I would suggest to trade bitcoin instead altcoin for the make living. Thank you

Digitalbitcoin

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If consider for principle 1 BTC is not enough to start any business which can run for long term. But in case of instant results Bitcoin is great tool.
Simply buy and sell bitcoin can give you daily earnings. Also can invest in mining and trading. These are also great ways to get good ROI.

DoublerHunter

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Quote from: pooya87 on July 05, 2016, 10:33:21 PM

Quote from: hermanhs09 on July 05, 2016, 06:16:53 PM

Quote from: yhansky on June 27, 2016, 06:46:14 AM

Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

If i were you ,i will use my money to make a new business rather than buying btc which have no guarantee that it will give you profit.
Btc is.only profitable when the price goes up..

Well,yhanksy,im afraid that actually you are wrong.
You have many bitcoin exchanges,you can speculate bitcoin using two ways: buy it,if you expect it to rise,but some of exchanges also offer you to go bearish:
you sell bitcoin if you expect to loose some of it previous value.Poloniex is one of them,you can try it there.

while trading is a good way of making more bitcoin/money over time with your investment but it is a risky business and as a newbie you have to be careful and start small and you can't expect making a living by trading as a start. besides poloniex is not for trading bitcoin/usd

That's right newbies need to be careful and don't spend too much money in doing some trading because if they didn't know anything, it would be dangerous for their money because it's like gambling and they could easily lose their coins.
It would be better if he start searching some basic information about trading and also be able to understand how the trading works. So it will be easy for him to earn a living with trading.

pooya87

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Quote from: hermanhs09 on July 05, 2016, 06:16:53 PM

Quote from: yhansky on June 27, 2016, 06:46:14 AM

Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

If i were you ,i will use my money to make a new business rather than buying btc which have no guarantee that it will give you profit.
Btc is.only profitable when the price goes up..

Well,yhanksy,im afraid that actually you are wrong.
You have many bitcoin exchanges,you can speculate bitcoin using two ways: buy it,if you expect it to rise,but some of exchanges also offer you to go bearish:
you sell bitcoin if you expect to loose some of it previous value.Poloniex is one of them,you can try it there.

while trading is a good way of making more bitcoin/money over time with your investment but it is a risky business and as a newbie you have to be careful and start small and you can't expect making a living by trading as a start. besides poloniex is not for trading bitcoin/usd

hermanhs09

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Quote from: yhansky on June 27, 2016, 06:46:14 AM

Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

If i were you ,i will use my money to make a new business rather than buying btc which have no guarantee that it will give you profit.
Btc is.only profitable when the price goes up..

Well,yhanksy,im afraid that actually you are wrong.
You have many bitcoin exchanges,you can speculate bitcoin using two ways: buy it,if you expect it to rise,but some of exchanges also offer you to go bearish:
you sell bitcoin if you expect to loose some of it previous value.Poloniex is one of them,you can try it there.

helloeverybody

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★YoBit.Net★ 350+ Coins Exchange & Dice

If you only have 1 bitcoin to play with then i would change make a living to making some cash on the side. With 1 bitcoin unless you live somewhere extrememly cheap i dont think you could make enough to actually make a living unles you are some kind of trading guru, but even then it would involve some pretty big risks. I would suggest either hold onto it or split it among some promising looking alt coins. Dont go all in on one though.

Dc147

newbie

Activity: 63

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I'd suggest you buy some promising altcoin at low price and sell when price rise but you ought to exercise patience.You can as well supplement your bitcoin by purchasing a high rank member account in this forum to earn from signature campaign.On the other hand you can also profit from learning how to trade.

Mauser

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Quote from: safari88 on July 01, 2016, 09:31:28 AM

Quote from: abugseuf on June 30, 2016, 03:14:49 PM

Quote from: safari88 on June 30, 2016, 10:19:32 AM

Quote from: Maesters1- on June 30, 2016, 03:42:51 AM

Quote from: safari88 on June 29, 2016, 11:47:03 AM

Your choice is right to do a trade. I would suggest trading altcoins, it would be more profitable. but you have to learn in advance to have knowledge, so that you can make a lot of advantages.

there is no guarantee to depend on bitcoin for living. i think you can keep it as second option. the reason is that the price of bitcoin never remain fixed and there is a possibility of down fall after halving then what will you do. there for i will suggest you not to depend on bitcoin but try to consider it as an extra income.

yes there are no guarantees, but if you are an expert in the trade I thought it would always be profitable.
if the bitcoin price falls trading altcoin sometimes very crowded and prices are rising. because most will turn to trade altcoin when bitcoin prices down.

to me how a person can depend on one bitcoin for living. i think it is not the decision of a normal person. it is not good to depend even on 100 bitcoins for living. for living you need a permanent job or a well settle business. you can put the income of bitcoin on 2nd number.

I have some friends who make a living from bitcoin, without having a job, and I think they were quite successful. because they are experts in the trade. could even make 1-3 BTC/month, sometime over.

But not as a beginner. And also the Money his not even his own, he borrowed it from Family. You should not start your first trades with a loan. If you lose it in a bad trade or ponzi scheme your Family might be angry.

Better get a normal Job first, save some Money, and decide late if you want to move into Bitcoins full time.

bitdoger

full member

Activity: 154

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Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

Hi my sugestion is to wait and hold your 1btc becaus from my look it is not good time to sell btc .. and if you need to invest it you need first fined profitable altcoin and trade with it ) my sugestion is not invest it in scam daily or houerly % sites becaus they are all scam

Cresciuanto

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Activity: 252

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i think it is no a good idea to depend on bitcoin for living . actually the price of bticoin is so flexable that it is hard to say that when will the price of bitocin become stable like dollar or any other local currency. there for to me it is not a wise decision to depend on bitocin for living.

Digitalbitcoin

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Activity: 1568

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Quote from: bit_fan_16 on June 27, 2016, 06:39:57 AM

I want to make a living by trading and selling btc. But I am very new to this industry. Please give me some suggestions and tips to make a living with investment of 1 btc. Thanks for your time.

Investment in BTC is like an investment in asset so you can buy bitcoin right now and stake it for higher price and after then you can sell it. Otherwise there are very few genuine ways where you can invest your bitcoin and get good returns on investment upto 50% monthly.

I will advice to stay away from scam and ponzy offers.

safari88

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Activity: 1960

Merit: 1026

Quote from: abugseuf on June 30, 2016, 03:14:49 PM

Quote from: safari88 on June 30, 2016, 10:19:32 AM

Quote from: Maesters1- on June 30, 2016, 03:42:51 AM

Quote from: safari88 on June 29, 2016, 11:47:03 AM

Your choice is right to do a trade. I would suggest trading altcoins, it would be more profitable. but you have to learn in advance to have knowledge, so that you can make a lot of advantages.

there is no guarantee to depend on bitcoin for living. i think you can keep it as second option. the reason is that the price of bitcoin never remain fixed and there is a possibility of down fall after halving then what will you do. there for i will suggest you not to depend on bitcoin but try to consider it as an extra income.

yes there are no guarantees, but if you are an expert in the trade I thought it would always be profitable.
if the bitcoin price falls trading altcoin sometimes very crowded and prices are rising. because most will turn to trade altcoin when bitcoin prices down.

to me how a person can depend on one bitcoin for living. i think it is not the decision of a normal person. it is not good to depend even on 100 bitcoins for living. for living you need a permanent job or a well settle business. you can put the income of bitcoin on 2nd number.

I have some friends who make a living from bitcoin, without having a job, and I think they were quite successful. because they are experts in the trade. could even make 1-3 BTC/month, sometime over.

DoublerHunter

hero member

Activity: 2590

Merit: 644

If you ask me i will use that 1 btc to buy as much altcoins as i can because they are cheap now and this is a good opportunity to earn a lot of bitcoin soon and after you buy altcoins just wait for the price of bitcoin to fall down a little bit so that the alt coins can skyrocket their price to the moon. But it always better if you do some research or do some study about trading to be sure that you will get good results and not a trading failure.

vero

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Activity: 518

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if you want to get a profit from trade bitcoin with 1 bitcoin as your early trade, the only way is to hold it until prices go up after you take a profit then you can start to trading altcoin.

abugseuf

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Activity: 238

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Quote from: safari88 on June 30, 2016, 10:19:32 AM

Quote from: Maesters1- on June 30, 2016, 03:42:51 AM

Quote from: safari88 on June 29, 2016, 11:47:03 AM

Your choice is right to do a trade. I would suggest trading altcoins, it would be more profitable. but you have to learn in advance to have knowledge, so that you can make a lot of advantages.

there is no guarantee to depend on bitcoin for living. i think you can keep it as second option. the reason is that the price of bitcoin never remain fixed and there is a possibility of down fall after halving then what will you do. there for i will suggest you not to depend on bitcoin but try to consider it as an extra income.

yes there are no guarantees, but if you are an expert in the trade I thought it would always be profitable.
if the bitcoin price falls trading altcoin sometimes very crowded and prices are rising. because most will turn to trade altcoin when bitcoin prices down.

to me how a person can depend on one bitcoin for living. i think it is not the decision of a normal person. it is not good to depend even on 100 bitcoins for living. for living you need a permanent job or a well settle business. you can put the income of bitcoin on 2nd number.

safari88

legendary

Activity: 1960

Merit: 1026

Quote from: Maesters1- on June 30, 2016, 03:42:51 AM

Quote from: safari88 on June 29, 2016, 11:47:03 AM

Your choice is right to do a trade. I would suggest trading altcoins, it would be more profitable. but you have to learn in advance to have knowledge, so that you can make a lot of advantages.

there is no guarantee to depend on bitcoin for living. i think you can keep it as second option. the reason is that the price of bitcoin never remain fixed and there is a possibility of down fall after halving then what will you do. there for i will suggest you not to depend on bitcoin but try to consider it as an extra income.

yes there are no guarantees, but if you are an expert in the trade I thought it would always be profitable.
if the bitcoin price falls trading altcoin sometimes very crowded and prices are rising. because most will turn to trade altcoin when bitcoin prices down.

Maesters1-

sr. member

Activity: 252

Merit: 250

Quote from: safari88 on June 29, 2016, 11:47:03 AM

Your choice is right to do a trade. I would suggest trading altcoins, it would be more profitable. but you have to learn in advance to have knowledge, so that you can make a lot of advantages.

there is no guarantee to depend on bitcoin for living. i think you can keep it as second option. the reason is that the price of bitcoin never remain fixed and there is a possibility of down fall after halving then what will you do. there for i will suggest you not to depend on bitcoin but try to consider it as an extra income.

Topic: I have money to buy 1 btc as my investment. Please give me tips to make a living (Read 1988 times)