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Topic: I just made my 4th BTC - page 2. (Read 5215 times)

sr. member
Activity: 364
Merit: 250
November 10, 2015, 07:32:30 PM
#68
I was able to make 4 BTC within one year now , I'm not sure how good or bad this is in your opinion but I can deal with it and I'm happy .
What are your suggestions for me ? I'm not really interested in gambling and wasting my money so keep these kind of suggestions away please and tell me if I'm on the good path or not Grin
thats really good imo, im also just getting started with bitcoin and currently only have like 0.05 but soon ill get upto the high numbers.

you're definitely on the good path.
sr. member
Activity: 406
Merit: 250
November 10, 2015, 05:47:31 PM
#67
thats a milestone 4BTC OMG good for you
newbie
Activity: 10
Merit: 0
November 10, 2015, 02:31:26 PM
#66
I really know what to do with 4 BTC - you can send me 1 BTC, and then I will tell you exactly what to do with 3 BTC  Wink You can have constant profit all year ahead  Smiley

Do you think it is a good advice to persuade him to attend signature campaign. It does earn you some bitcoin all year around.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 10, 2015, 02:29:54 PM
#65
That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.
My advice change your plan, don't buy it but find a way to get 1BTC without buying bitcoin. Cheesy

Like what OP do selling some stuff or  buy high rank btt account and join signature campaign. Tongue

high ranked accounts are quite costly. especially if they have good to excellent post quality. bit-x had one of the best, if not, the best rates before the price peaked to $500. they have set lower post rewards now. with old rates you could make your money back easily in 2 or 3 weeks. but right now it can cost a good bit of your time to earn it back.

Yes. I also think that signature campaigns are going slowly into oblivion. Very soon it won't be worth even to be enrolled in one, if you look how the rates have been decreasing historically.

Not to mention that I am completely against buying an account. One should open his or her account and build it slowly while learning about Bitcoin. That's why today you have many hero members that are posting crap since they have bought an account and don't know thing about Bitcoin.
legendary
Activity: 896
Merit: 1000
November 10, 2015, 12:22:11 PM
#64
That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.
My advice change your plan, don't buy it but find a way to get 1BTC without buying bitcoin. Cheesy

Like what OP do selling some stuff or  buy high rank btt account and join signature campaign. Tongue

high ranked accounts are quite costly. especially if they have good to excellent post quality. bit-x had one of the best, if not, the best rates before the price peaked to $500. they have set lower post rewards now. with old rates you could make your money back easily in 2 or 3 weeks. but right now it can cost a good bit of your time to earn it back.
legendary
Activity: 3248
Merit: 1070
November 10, 2015, 12:13:11 PM
#63
That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.

if you think about it it's really is to earn bitcoin in the way he did it, because he basically bought those coins, selling stuff for fiat and convert in bitcoin would have ended in the same way

the hardest part is acquiring bitcoin directly

Actually it was bitcoin directly (from selling stuff) because most of the stuff was digital and I always ask for people BTC as payment method. It's not that hard when you sell on Bitcointalk/Leakforums/HackForums or somewhere else where bitcoin is known .

ah well kudos to that, i thought you sold for fiat and then bought bitcoin, for me it was not hard when selling mining equipments for bitcoin, but with random stuff, it seems that there is not enough demand in the market section

staff
Activity: 3500
Merit: 6152
November 10, 2015, 12:01:48 PM
#62
That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.

if you think about it it's really is to earn bitcoin in the way he did it, because he basically bought those coins, selling stuff for fiat and convert in bitcoin would have ended in the same way

the hardest part is acquiring bitcoin directly

Actually it was bitcoin directly (from selling stuff) because most of the stuff was digital and I always ask for people BTC as payment method. It's not that hard when you sell on Bitcointalk/Leakforums/HackForums or somewhere else where bitcoin is known .
hero member
Activity: 658
Merit: 500
November 10, 2015, 10:31:06 AM
#61
I really know what to do with 4 BTC - you can send me 1 BTC, and then I will tell you exactly what to do with 3 BTC  Wink You can have constant profit all year ahead  Smiley
hero member
Activity: 616
Merit: 603
November 10, 2015, 10:03:01 AM
#60
That's pretty good, but it depends on how you've earned them. The relative effort and risk involved in earning them could be a factor to determine how well you've earned. Like if I were to earn alone by lending i'd earn more, but the risk involved is also high for which 4 BTC is pretty good. But if you had invested already existing funds to earn more Bitcoins by trading, then it's okay.
sr. member
Activity: 244
Merit: 250
November 10, 2015, 07:42:56 AM
#59
4th BTC damn is so much money for me atleast xD.

So 4BTC = 386 * 4 = 1.544 with that I can buy a good game pc.

legendary
Activity: 3248
Merit: 1070
November 10, 2015, 06:29:30 AM
#58
That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.

if you think about it it's really easy to earn bitcoin in the way he did it, because he basically bought those coins, selling stuff for fiat and convert in bitcoin would have ended in the same way

the hardest part is acquiring bitcoin directly
sr. member
Activity: 364
Merit: 250
November 10, 2015, 05:50:45 AM
#57
That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.
legendary
Activity: 1946
Merit: 1007
November 10, 2015, 02:47:11 AM
#56
You could start a lending business with strict collateral rules as mentioned in the lending section.People follow the rules and the do pay you back so there is good chance for you to double your money.
yes but sir if people have collateral they usually just sell for the money they need Wink

No, that's the idea of colleteral. You don't want to miss the item, you need it still or want to keep it for some reason.

You put it as colleteral in case you cannot get enough money to pay back the loan. In that case, you lose your colleteral, which is something you don't actually want (also, because the colleteral should be worth more than the loan you are asking).
newbie
Activity: 47
Merit: 0
November 10, 2015, 02:00:32 AM
#55
You could start a lending business with strict collateral rules as mentioned in the lending section.People follow the rules and the do pay you back so there is good chance for you to double your money.
yes but sir if people have collateral they usually just sell for the money they need Wink
sr. member
Activity: 462
Merit: 250
November 09, 2015, 04:04:10 PM
#54
i think if you try to make more that will be a good idéa save what you have and make more or you can invest them in btcjam with A+ Borrowers and make a little profit it is better than staying in your wallet Wink but if you don't want to have even 1% of risk so just make more bitcoin and wait for the price to go UP Tongue
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
November 09, 2015, 03:56:28 PM
#53
I would say hold on to your coins and wait on the increasing price of bitcoin Cheesy

This HODL advice is the worst you can give.  The bitcoin price will rise only when people start using it.

This is partially true. Adoption grows as people use bitcoin (and then more people are exposed to it and start using it, etc.) I guess the long term appreciation comes from using your bitcoin now. But technically if you sell your coins you are supporting a lower value now (because you're willing to sell them at whatever price is available now rather than holding for a higher price.)

Congrats on your BTC4!

I'd think about how much time and effort you spent earning that much 'coin and determine if you can do it faster or earn more with the same amount of effort. There's probably some efficiency you can gain. Good  luck!
hero member
Activity: 812
Merit: 500
November 09, 2015, 03:50:46 PM
#52
Its very good I also done and reach 2 btc in less time but greediness give me good lesson and I lost big amount in alt coins trading you need to keep for rise in price then you can sell this for good profit
newbie
Activity: 10
Merit: 0
November 09, 2015, 03:46:29 PM
#51
Yes I agree about investing. Ethereum is worth trading though. Look at the swings that this thing is making and they look like perfectly planned pump and dumps. It seems to me that there is money to be made there, you just need to wait low enough in order to enter the market.
You said we need to wait for the price to go low enough before we enter the market. But how low is low? I always have this question and lost many opportunities.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
November 09, 2015, 02:20:11 PM
#50
In fact (at least how I see it) , selling stuff when Bitcoin price is low is better then selling while it's high . I will give you an example :

I want to sell something for 300$ now and the price of BTC is (150$ per BTC right now) , that makes it 2 BTC
Or I can sell it when the price of BTC is 300$ per BTC and only get 1 BTC .

So because we have to make USD conversion , It's better to sell while price is low if you are planning to keep bitcoin for long term like I'm planning  to do so yes ... earnings this year may be lower then last year;

Earnings may differ based on what price you want to buy BTC or sell your stuff at, what you gain with that stuff, etc...
Many factors to be seen, but yeah, it's a completely new way of looking towards BTC to earn it...
staff
Activity: 3500
Merit: 6152
November 09, 2015, 01:46:23 PM
#49
In one year you can make 4BTC its very good I think. Cheesy

And how did you make them ? trading ? mining or doing something ?. Cheesy

My advice for your coin just Hold that coin until the price hit 1k don't gambling your coin. Cheesy

The chances to earn the same amount next year are less.
Because i think that the price of bitcoin will be increased.
And about the source OP has already mentioned that he earned those from mostly selling stuff or doing services and little bit from signature campaigns and not from mining.
No chances to get 4BTC in next year I think its same even easier. Cheesy

Because if bitcoin price increase and the OP selling stuff for get bitcoin, the price of goods will rise because bitcoin prices went up so that the OP will get more bitcoin. Tongue

And in next year he btt account experienced a promotion that get paid more in the signature campaign. Cheesy


In fact (at least how I see it) , selling stuff when Bitcoin price is low is better then selling while it's high . I will give you an example :

I want to sell something for 300$ now and the price of BTC is (150$ per BTC right now) , that makes it 2 BTC
Or I can sell it when the price of BTC is 300$ per BTC and only get 1 BTC .

So because we have to make USD conversion , It's better to sell while price is low if you are planning to keep bitcoin for long term like I'm planning  to do so yes ... earnings this year may be lower then last year;

You could start a lending business with strict collateral rules as mentioned in the lending section.People follow the rules and the do pay you back so there is good chance for you to double your money.

I'm not planning to get interest from people , that's just not how I work honestly , thanks for the suggestion though .




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