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Topic: I started earning bitcoins and i need some advices (Read 1877 times)

member
Activity: 98
Merit: 10
i have one advice for you stay away from gambling is pretty addictive and you wil lose your earnings in matter of seconds
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.

Kisses

Better to HOLD it on your safe wallet/cold wallet, too much investment based on ponzi scheme out there.
The best thing is HOLD and sell on high rate.
full member
Activity: 154
Merit: 100
there are many ways to earn bitcoins
1) you can mine btc through gpu's mining
2) you can invest
3) you should wait ....if you have btc...and after increasing value of btc , you can sell
4) here is also a great platform , to became a member of this site by posting your useful reply to questions.
5) but take care don't try to gambling , because in this way u can loss all your btc that is used by you to bet.
Do you even know how to read?

Im pretty sure he didnt read what is written in the op and he only based his reply to the title of this thread.  It happens always specially here in this section of the forum
Yeah, that's really annoying. Such people should get banned from here, without knowing the reason they got banned.

u cant say that..may be he doesnt understand english in the first place Grin
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Is there some sort of trusted trader or a place where i can keep them ? Everywhere i read its full of warnings not to trust anyone and always guard your coins and stuff.

This kind of question is what the warnings are all about. Of course there are trusted users on the forum but it is best to not having to trust others. Because if they take your coins you have not much you can do against.

If you want to sell your best bet would be to use one of the big exchanges. Like kraken.com, bitstamp or bitfinex. Don't let your coins lay around there, hold them safe in your computer without viruses and such. Then when you want to sell send them to the exchange, exchange them and withdraw the fiat money.

Or if you need cash you might use localbitcoins or the mycelium app that includes a similar service like localbitcoins. You then can meet a trader at a McDonals or something, search a calm edge and exchange the money so that not everyone can see it.
hero member
Activity: 588
Merit: 500
Saving them would be the key.  Find somewhere to put some investments in, this way, you can make money while your money is sitting there, but I would not invest everything.  Do only 10% of your income.  This is a safe bet and you never know.  Aster a 12 month period, you may have grown that 10% into 20%!!
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
man are you kidding its like free money just doing your show. Definitely save them! at least until it gets back above 500$ then you can sell some here and there.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Hi KarlaJay,

Welcome to the forum and to the Bitcoin world! Smiley You have gotten many great advices above. Let me just advise you that you should try and learn the basics about Bitcoin. Informations are everywhere online and on YouTube you will find many tutorials.

You need to learn about simple transactions, how to save your coins and secure them and a bit about exchanges. It's good that you have come here asking us for advices but hardly anyone will explain you everything you need to know in just one post!

It's your responsibility to educate yourself and then when you don't understand something that you have read, come here and we will gladly help you!

Good luck!
hero member
Activity: 672
Merit: 508
LOTEO
Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.

Kisses

There are exchanges where you can change bitcoin to other currencies. This is reasonably safe, depending on the owner of the site. If you exchange for another currency ($), the amount of value won't rise or drop as fast. If you 'surf' the rise/drop wave well, you can earn more than interest. For example, with trading bitcoin you can make 25% profit this month. https://blockchain.info/charts/market-price

There are no sites where you deposit and get interest, except lending sites. This is one of the methods banks earn money. Be very careful with lending (sites), there are many scammers.
newbie
Activity: 18
Merit: 0
I agree with some of the others, you should be saving your coins.  Only spend what you need for your general daily expenses and save the rest of them.  The prices in coins will go up and down and you should watch the Altcoin market, for if those coins go down, you should sell or exchange for BTC.
full member
Activity: 238
Merit: 100
Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.


You should simply hold your bitcoin. Do not invest in anything, since you're still new, and there are a lot of people who will try to steal your magic internet money.

Most of ïnvest here and become rich" sites are ponzi/scam sites.
newbie
Activity: 2
Merit: 0
Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.

Kisses
full member
Activity: 126
Merit: 100
You need to save all of your coins.
Don't spend it.
hero member
Activity: 672
Merit: 508
LOTEO
Hi all,

I'm KarlaJay and i'm a camgirl newbie in bitcoin world. I recently started streaming at Xotika.TV and i need some advice regarding my earnings.

Let's say i make 1 bitcoin / month. First of all i only want to convert part of them and i see sometimes the price is higher and sometimes lower.

Is there some sort of trusted trader or a place where i can keep them ? Everywhere i read its full of warnings not to trust anyone and always guard your coins and stuff.

Is it possible to somehow let someone else handle them , exchange to fiat part of them when price is high, etc ?

I'm not even sure what kind of advice i'm asking for.

Thanks in advance anyways,

(NSFW - http://imgur.com/FkxiWwu )


There are some services to convert bitcoin to other currencies. Either online (cryptocurrencies), real life trading and using banks. The best option depends on the country you live in.  Some places have two-way ATMs.  Another option is to exchange them for gift cards (gyft.com) and sell or use those cards.

member
Activity: 63
Merit: 10
I also recommend keeping them.  Prices will go up and down for some time.  I personally use coinbase for one of my wallets.  On coinbase, you can exchange your BTC for USD and then back to BTC whenever you want.  So when they go up, and you think they are going to go down, sell them for USD and then when (if) they go down, you can buy BTC back.  I would not do this, but this is an option.  I would just keep them though.
legendary
Activity: 1904
Merit: 1074
If you decide to sell some of your coins and you use a site like Localbitcoins.com to get hold of someone in your area, you should be very cautious of scammers or even possibly

thieves, who will go through a lot of trouble to rob you of your coins. Take someone with you and meet in a public place. I would suggest that you hold onto those coins for a

little longer, until you have done some homework and learned a bit more about Bitcoin and how it works and where to buy and sell it. Not all posters on this forum with the colorful

signature at the bottom, are out to give you bad advice. Some are genuinely interested to help other people on this forum. Hope my advice helped you in a way... hope you have

a nice journey with us here in the Bitcoin world.  Wink  Stay Safe.
full member
Activity: 238
Merit: 100
there are many ways to earn bitcoins
1) you can mine btc through gpu's mining
2) you can invest
3) you should wait ....if you have btc...and after increasing value of btc , you can sell
4) here is also a great platform , to became a member of this site by posting your useful reply to questions.
5) but take care don't try to gambling , because in this way u can loss all your btc that is used by you to bet.
Do you even know how to read?

Im pretty sure he didnt read what is written in the op and he only based his reply to the title of this thread.  It happens always specially here in this section of the forum
Yeah, that's really annoying. Such people should get banned from here, without knowing the reason they got banned.
hero member
Activity: 910
Merit: 1000
there are many ways to earn bitcoins
1) you can mine btc through gpu's mining
2) you can invest
3) you should wait ....if you have btc...and after increasing value of btc , you can sell
4) here is also a great platform , to became a member of this site by posting your useful reply to questions.
5) but take care don't try to gambling , because in this way u can loss all your btc that is used by you to bet.
Do you even know how to read?

Im pretty sure he didnt read what is written in the op and he only based his reply to the title of this thread.  It happens always specially here in this section of the forum
full member
Activity: 238
Merit: 100
there are many ways to earn bitcoins
1) you can mine btc through gpu's mining
2) you can invest
3) you should wait ....if you have btc...and after increasing value of btc , you can sell
4) here is also a great platform , to became a member of this site by posting your useful reply to questions.
5) but take care don't try to gambling , because in this way u can loss all your btc that is used by you to bet.
Do you even know how to read?
member
Activity: 98
Merit: 10
there are many ways to earn bitcoins
1) you can mine btc through gpu's mining
2) you can invest
3) you should wait ....if you have btc...and after increasing value of btc , you can sell
4) here is also a great platform , to became a member of this site by posting your useful reply to questions.
5) but take care don't try to gambling , because in this way u can loss all your btc that is used by you to bet.
full member
Activity: 238
Merit: 100
The best I could suggest you is to make a coinbase account and keep your BTC there.
Enable all 2FA securing methods, so you don't lose your bits.
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