Topic: Is Buying and Holding the only way? - page 14. (Read 4363 times)
Is it cost-effective to short-term trading of BTC? Which portal can i use to study this issue?
If you can afford to buy some Bitcoin then it would be a good idea do to so. Even a small fraction. Mining requires a lot of preperations and attention, especially if you are not experienced and you did something wrong. I had a hard time because I had problem with my PCIe risers. They weren't tight enough so the cards kept disconnecting.
Well, if you can afford to buy bitcoin you must buy and you must try to hold it. In addition to that, if you already done on buying bitcoin you should hold it because it is the best way to earn make more income. Lastly, buy now and hold it if you want to become rich in the future.Mining is another method but it requires lot of experience as well as some analytical techniques to handle the situation well. Being a beginner in this field only open the doors to buying more and holding them for waiting the right time to sell that is when the prices are at peak.
Mining might be a little hard and is kinda long process to earn bitcoins . Joining signature campaigns when reaching medium or high ranks such as Member , Full Member or Senior member are a very good way to earn bitcoins too if you have a decent level of English , and solid thoughts to put in your constructive posts . Holding bitcoin is though the best way to earn money without even having to do any efforts , and knowing when to buy (specially when there's hard forks , corrections , or ICO bans like happened in china previously ) .
I would suggest you to invest in coins that are volatile just only 5-10 % and you can make more money because you would earn something every day and when you calculate it in the long term it probably would cost more than waiting. In addition you learn about the market more and can get insight what is happening there. Definitely Buying and Holding in not the only way. the most important thing here is to be patient.
Yes, mining is very expensive, I myself when it began to be interested in it, but it is too expensive for me.
The easiest way is to buy bitcoin and store it on your wallet, using both a long-term investment. But I know a lot of people who in parallel have bought other altcoys and either store them as well as bitcoin - for a long time, or trade them on the stock exchange, earning money immediately. This is the choice of everyone and depends on your analytical abilities.
The easiest way is to buy bitcoin and store it on your wallet, using both a long-term investment. But I know a lot of people who in parallel have bought other altcoys and either store them as well as bitcoin - for a long time, or trade them on the stock exchange, earning money immediately. This is the choice of everyone and depends on your analytical abilities.
S9 mining is for a few countries where they have cheap energy, or clean energy investment, for those two the mining would worth something, soo yes better forget about it, faucets had their time already, there is no way to keep earning as before around 200k-400k daily, those time has gone as the price went up. You can do captcha service and get paid into bitcoin, signature or well take some risk with your coins over trading, isnt hard to make money just need to avoid be too greedy.
You can work for bitcoin if you have the right skills that some people need in this forum where they will pay you bitcoin. You can join signature campaigns and earn bitcoin weekly. It is an easier way to earn bitcoin than mining. And you can also invest on potential altcoins like monero, zcash, and litecoin after earning some bitcoin.
You are right, there is a lot of method that you can allow to people to earn bitcoin, I mean to make profit. So as you said, If you have some skills in several domains you can work and you will be paid using bitcoin, also you can show your services to people, By hard working you can earn a lot of money in this forum or maybe outside. 
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin? 
A newbie with some sense! Thank you for actually entertaining the feasibility of fauceting and mining, essentially they are beyond the majority of us. Mining can work obviously; but you cant profit unfortunately, you have to keep reinvesting to keep up with the difficulty increases. I mean, there an be some profit, but the rat race is a little more "intensive" than most people realize. Its actually a challenge to keep 95% plus uptime, and every second down is time you arent mining
the faucets can work. basically, you wont be fauceting bitcoin, you will be using every other type of faucet BUT bitcoin. these are way more numerous, and typically way more generous. convert this value to bitcoin; finally fauceting isnt so damned banal.
You can work for bitcoin if you have the right skills that some people need in this forum where they will pay you bitcoin. You can join signature campaigns and earn bitcoin weekly. It is an easier way to earn bitcoin than mining. And you can also invest on potential altcoins like monero, zcash, and litecoin after earning some bitcoin.
From my own experience I will say that the best investment is an investment in your wallet, and you will sleep peacefully 
Nothing better than a good night sleep, while your BTC are safe in a hardware wallet with multiple safely stored backup paper keys
Day trade is much profitable if you have those excellent trading skills, buy at low or at dip and sell with profit even with a little profit, if you earn atleast 5-10% per day that is good enough avoid being greedy.
I absolutely agree thay day trade is much profitble. However, there some ways to earn more profit. Buying and holding are one of the best way to earn profit but I prefer to do trading because it is the sources of bitcoin and profit. Lastly, if you really want to make big profit just hold your bitcoin and wait for the right time to sell your bitcoin.
You decided to just buy it and I think you are already feeling the profits of what you have started.
There is much to happen. This is just the start of it for me.
This might be a large price by now but after more events that will happen it may come to a much more expensive bitcoin like we are seeing now.
There is much to happen. This is just the start of it for me.
This might be a large price by now but after more events that will happen it may come to a much more expensive bitcoin like we are seeing now.
Holding is not the only way but it's the easiest and safest way to earn money with Bitcoin for newbie in cryptocurrency world. Beside you can try to learn and explore about trading cause it's a quickly way to earn and it's not too risky like investing in ICO project or gambling 
. But with trading you need to have huge capital to start and don't be hurry to start if you don't have enough experience about it
. But with trading you need to have huge capital to start and don't be hurry to start if you don't have enough experience about it
Frankly, I discourage you from investing in experimental crypto-currencies which you feel can "rise to 4k$ a coin". The best way to make money without any risk is without any doubt to buy bitcoins now, while it is cheap when compared to what it will be in the future, and then simply wait.
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?
Since you are not making any profit from mining, I would recommend that you upgrade your mining equipment or sell it and buy bitcoin. Don't even think of buying altcoins, its just a waste of time, I have tried it trust me. 
If you can afford to buy some Bitcoin then it would be a good idea do to so. Even a small fraction. Mining requires a lot of preperations and attention, especially if you are not experienced and you did something wrong. I had a hard time because I had problem with my PCIe risers. They weren't tight enough so the cards kept disconnecting.
Well, if you can afford to buy bitcoin you must buy and you must try to hold it. In addition to that, if you already done on buying bitcoin you should hold it because it is the best way to earn make more income. Lastly, buy now and hold it if you want to become rich in the future. 
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?
Holding or keeping you bitcoin is much easier but if you want to earn a much larger amount of money investing is a good idea for you. But be smart.
Nice try, bro! If you are asking me "Why do you say that?", I just want to comment, that is all.
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?
What do you want to say? Do you have a problem with how to reproduce your Bitcoins? If so, you can join campaigns. There you will earn bitcoins depending on your rank. And it's paid weekly, All you have to do is post depending on the required post you should be able to do in a week of campaigning. Because of the signature you are wearing as they are paid. So wait for about a month and you can join the campaignsTrue enough, you have to know what you are asking for, for you to be guided well. I think, though, he is referring to mining.
But going back to your question, there are other means of getting or earning Bitcoins. Apart from the above-quoted text, you can do trading and loaning.
You have mentioned about risks, of course, all businesses - big or small - involve risks. Risks are what make you a wiser man in business. It defines how you are as an investor. The greater you are willing to risk, the greater possibility of you winning the game.
i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?
Holding or keeping you bitcoin is much easier but if you want to earn a much larger amount of money investing is a good idea for you. But be smart. Jump to: