Topic: If you had $150 of Bitcoins what method would you use to increase it? - page 2. (Read 2760 times)

I'd gamble on Sports betting, I don't know whether or not I'll be able to increase it but that's where I would try my luck. Right now there aren't many safe investment options for BTC since you just can't trust the companies for they might run away with your funds and trading altcoins etc. require a good bit of knowledge and experience and if holding is out of the question then the only thing that comes to my mind is to bet on sports, you can play safe, bet on favorites and increase it slowly without taking too many risks.

I'd go with high risk investments. $150 is not nearly enough to get a steady interest through some safe investments.

The best way to increase this small amount is to invest in some other cryptocurrency which has upward trend.Gambling is not secure way as loosing is more sure than return with some profit.I will trade some altcoin and then convert my earnings into bitcoin again.

I would suggest playing on dice website and choosing a good progressive strategy that will slowly but surely increase your bankroll.

If this is your main account then I guess you could use these Bitcoins you have to buy a Senior or Hero member account and enroll into signature compaigns , and you should make profit after a  while if you are a high quality and quantity poster .
However I don't recommend you to gamble (dice or Satoshimines or whatever) , I never do because you will become greedy and you will lose them all at the end , Or if investing them into Bitcointalk account dosen't fits you then i RECOMMEND you to hold them becuase bitcoin it self is an investement however it's for long term .

FYI OP, I just invested $154 in DASH. Someone who knows the DASH market very well said its growing to 0.011 BTC per DASH soon. Its almost 0.009 BTC per DASH at cryptsy at the moment Good luck.

i would simply use the buy low and sell high trading method. it's simple but it may take some time to get a decent amount in return with just $150. but the result will be there.

I will go to gamble with this amount to increase it.If one gamble carefully without greed and ready to be happy with small profit than easily can make some cents in Bitcoin daily.I will do same to make them more.

I would suggest altcoin trading, if you spend some time on the exchanges and in the altcoin threads you might  be able to make a nice profit.  If you find the right coin at the right time you can increase your Bitcoin.  I would not put the whole 0.5 into one coin, spreadin it a bit would make more sense.  You can also lose it all with these coins but I think you will have more fun then rollimg a some dice.

Trading would be your best option to grow your $150 worth of Bitcoins, you may wan't to push your luck in Gambling but its 50/50 that you gain profit on that so better set a limit before staking your coins in gambling. Buying Alt coins is a good option as well.

I agree that $150 of BTC is a very small amount.

I cannot really subscribe to any gambling or game of chance - even though bitcoin could be characterized as such.

At this point, however, if you have been studying BTC, there seems to be a considerable battle going on , and really the BTC price seems quite bottomed out.

I have been accumulating BTC for nearly two years, since the top of the last bubble, so I may NOT be the best person in the world to be following.

Since my overall BTC portfolio is in the red, I have recently devised ways to divide my portfolio into three parts, and then in the near future, I will be able to trade parts of the portfolio because theoretically, that portion of the portfolio will go sufficiently in the black in accordance with my trade parameters.

I am NOT sure if my method will make me rich or cause me to accumulate more BTC and some of them at a lower cost or to trade the ups and downs....but NONETHELESS, I am currently of the opinion that I have devised a plan that will allow me to 1) trade a portion of my BTC 2) mostly HODL BTC in case the price goes up  3) take advantage of likely ongoing BTC price volatility, 4) both continue to accumulate BTC while hedging portions of my BTC portfolio NO matter the direction of BTC short-term price moving (assuming that BTC prices will go up in the long term).

I am NOT much of a gambler, yet I believe that my way forward plan is less boring than a strict buy and HODl plan, even though my current plan retains some buy and HODL features.

If some of my friends just sent me 150$ and i want to increase it then i would go for sports betting and trading with altcoins
i can gamble with that money occasionally..i wouldn't make any investments though because investments are risky and sometimes can not be safe..
By sports betting i will either win or lose but betting is based on skills and that's why i guess it can be the safe way to increase the bitcoins

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Do you have any bitcoin forex websites that you can personally recommend?

I would forex trade with that amount of bitcoin in order to increase it. Forex trading can be profitable if you know what you are doing.

Exactly this. Even if you make the most amazing investment decisions and you end up being successful, you won't gain much since it's only 0.5 BTCs. Where should you invest it, I am not really sure, I am currently against any investment in the Bitcoin space. There are just no good options available at the moment.

Increasing your wealth having only $150 initial funds is hard. It is unfortunate because to gain more, you need more, and with that little money your progress won't be impressive. That is, if you try to multiply your money carefully without risking it. I think somewhat  safe route is lend this money with interest.

Few people can do this to be honest, at least in lots of countries the minimum wage is just not enough to be able to substantially do dollar cost average (or whatever currency your country uses). Im lucky that I can save 100 or 200 monthly and buy 0.5 or almost 1 but it's still very slow, if I had any less money it would take ages just to buy a BTC. I think trading beats everything if you can do a good one. Maidsafe is my pick for the next months to double my stack with.

Hoe about getting a job on the side for the hours you would waste trying to increase your holdings and using part of your wage to increase your bitcoin holdings?

This is sure to increase your holdings without any risk at all, with the same amount of time spent.

1) I am not 100% sure what i'd do but i am 101% sure I wouldn't gamble

I am thinking that you should create a paper trading account and learn some forex You can make nice profits if you understand the market well