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Topic: Is Buying and Holding the only way? - page 19. (Read 4363 times)

full member
Activity: 640
Merit: 104
October 24, 2017, 10:41:53 PM
#86
not only that you can also join the signature campaign then you will be paid with bitcoin, mining and trading is also a great way to get more btc even though it is risky because every success that is achieved must have a risk.
full member
Activity: 532
Merit: 107
October 24, 2017, 05:25:32 PM
#85
It depends on your financial situation, if you able to invest for an year on any crpyto, you will make profit in long run, but if you do day trading, its risky and you might lose lots of money, if you don't follow the news, and able to read the pump and dump situation etc.
sr. member
Activity: 616
Merit: 251
October 24, 2017, 05:21:05 PM
#84
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?  Huh

If you can't afford the risk of buying a full bitcoin,it will be better you invest into some good altcoins or join some good ICOs and wait for a potential rise in the price, sell and convert to bitcoin. Or, if you have good services to provide in the forum, that will be good too.
sr. member
Activity: 1148
Merit: 300
October 24, 2017, 04:14:02 PM
#83
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?  Huh
If you want to earn a lot from bitcoin you should not stick to one way of earning. Mining is not advisable for earning BTC for a short time because it takes time and investment before you get your profit. Same as trading you need to be in the right time when to buy and when to sell. Aside from that you can join in a signiture campaign like this were you can earn a small amount but still can help. You can also for a gambling were you need your luck. Because it is an easy money.
yes i agree i think there is a lot of ways to earn not only holding because holding needs a lot of timeit required a year before you can earn big amount.i think we should try signature campaign or social madia campaign such as tweeter facebook  telegram etc. In order for us to earn quickly.maybe investing time through joining a campaign is also the best way to earn because it is not risky .
full member
Activity: 210
Merit: 120
October 24, 2017, 03:54:24 PM
#82
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?  Huh
If you want to earn a lot from bitcoin you should not stick to one way of earning. Mining is not advisable for earning BTC for a short time because it takes time and investment before you get your profit. Same as trading you need to be in the right time when to buy and when to sell. Aside from that you can join in a signiture campaign like this were you can earn a small amount but still can help. You can also for a gambling were you need your luck. Because it is an easy money.
full member
Activity: 434
Merit: 105
ADAB ICO
October 24, 2017, 03:45:09 PM
#81
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?  Huh

There are a lot of ways but different risks, if you want high return but high risks then gambling is for you, but if you want to earn steadily then go for campaigns and mining.
I agree if you want passive income but risky go gambled your money different site use bitcoin as a currency and they have small percent of house hedge. But if you want to earn money try to apply in bounty campaigns they give high salary to all who wants to have an steady income
full member
Activity: 140
Merit: 100
October 24, 2017, 03:33:16 PM
#80
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?  Huh

Why don't you try earning them by providing services or selling goods. This would be the best way to accumulate Bitcoin faster. Engage also in investing to other tokens thru their ICOs. As far as I know, investing in ICOs are very profitable considering that the ICO is of a good quality. Though you have to conduct deep research about it, it will be worthwhile.
full member
Activity: 630
Merit: 102
October 24, 2017, 01:00:15 PM
#79
especially for you holding bitcoin may be a Safe Investment, the most you do in the trade, if you invest long-term is a good idea to get more of your bitcoin. so also in my country butcion is very much that use even most companies use bitcoin for their need more safer .
newbie
Activity: 56
Merit: 0
October 24, 2017, 10:40:26 AM
#78
If u think bitcoin is very expensive now and u dont want to invest in bitcoins, u can check iformation about others cryptocurrencies like ethereum, litecoin, monero, dash, ripple, there are many stable and popular cryptocurrencies, bitcoin is just the most popular.
member
Activity: 490
Merit: 10
Life is full of struggle
October 24, 2017, 10:35:39 AM
#77
No.. buying and holding is not only the way.. there are many ways you can earn more bitcoin.
you can Earn from matrix site,  if you want to know about matrix site please search Google
or you can earn bitcoin from revshare site.
and many more ways to earn bitcoin.
full member
Activity: 700
Merit: 148
October 24, 2017, 10:33:51 AM
#76
There are other ways of earning bitcoin - buying and holding is simply one of the most efficient and profitable ways. Also, it requires the least work. You may also be involved in trading if you are interested in buying other coins.

As mentioned by others, participating in a signature campaign enables you to earn bitcoin on a weekly basis. You may also offer some of your services in this forum and be paid in BTC. If you have other skills, there are some freelance jobs that pay in the form of BTC. Jobs such as programming and graphic design are just some of the few in demand jobs that are paid in bitcoin.
member
Activity: 218
Merit: 10
I AM HAPPY TO BE A TRADER
October 24, 2017, 10:10:40 AM
#75
mining is complex.. better first try trading in bittrex,,

Mining is like a passive income better if you study and try trading buy low and sell high repeat this and you also earn more bitcoins by doing this i personaly advice this to you just be patience and you will earn it
sr. member
Activity: 531
Merit: 250
October 24, 2017, 09:42:03 AM
#74
I believe holding is the only way. I would never sell Bitcoin unless it hit $10K or I was strapped for cash. I spend USD, not BTC.
sr. member
Activity: 616
Merit: 252
October 24, 2017, 09:32:46 AM
#73
Basically yes. You can try to trade bitcoin, but then you dont really understand the principles behind, and in reality yhou should just leave this market and trade stocks instead.

Bitcoin is a perfect store of value... dont try anything else.
sr. member
Activity: 503
Merit: 250
October 24, 2017, 09:19:30 AM
#72
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?  Huh
I think both bitcoin and altcoin are at risk. because I know that the price of crypto currency depends on market demand. to avoid the risk of a little terrible, you should short-term trading. the risk of loss is not too much
Based on your statement itself. The price of cryptocurrency depends on market demands which is already know for crypto right now. Many crypto currency are adopting the used of cryptos for money transfer if you are reading news article on different news site.
The problem is, even if the market has high demands. Altcoins are just like ponzi scheme. Those traders that bought in low price will surely sell their coin once the price pumps by the adoption of other countries. Just like what happened when japan used bitcoin. At first the price pump but suddenly surge down because of exit of some traders that already have profit.
hero member
Activity: 837
Merit: 500
October 24, 2017, 09:14:55 AM
#71
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?  Huh
I think both bitcoin and altcoin are at risk. because I know that the price of crypto currency depends on market demand. to avoid the risk of a little terrible, you should short-term trading. the risk of loss is not too much
Based on your statement itself. The price of cryptocurrency depends on market demands which is already know for crypto right now. Many crypto currency are adopting the used of cryptos for money transfer if you are reading news article on different news site.
full member
Activity: 994
Merit: 138
October 24, 2017, 08:51:36 AM
#70
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?  Huh
I think both bitcoin and altcoin are at risk. because I know that the price of crypto currency depends on market demand. to avoid the risk of a little terrible, you should short-term trading. the risk of loss is not too much
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
October 24, 2017, 08:31:03 AM
#69
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?  Huh
It has almost the same risk. You buy antminer s9 and doing the mining is also risky because Bitcoin prices determine your mining profits. I think it's better to buy Bitcoin because there are many things you can do. such as trading or investment

i think its better to trading because with trading you can make a lot of profit but its depend on the coins you choose. and I think its not wise to spend your mining for mining because the difficulty of bitcoin is increase too high and only high end hardware like s9 will give you a lot of but not the profit because its depend on the bitcoin price. beside that, if you choose to mining, then you need to calculate about the electricity fee and if you are fine with the fee, then you can try to mining.

It's not always about electricity fees why it's not recommended for newcomers to try bitcoin mining. The first thing it need is knowledge. I have seen lot of people become interested in bitcoin mining but being interested is not enough. They told they will buy mining rigs eventhough they are not aware of the risks. Ok let's say cheap electricity and they afford to buy mining rigs, do they think that's enough and will just give them passive income.

To make it short, I have told them that if bitcoin mining is worth to try by newcomers today, then why the method is not hype today? If still there is question after some short enlightenment to them then the only thing I can say is, "Ok try it and see for yourself what will be the result".
full member
Activity: 208
Merit: 100
October 24, 2017, 08:23:23 AM
#68
300$/year is not a profit. It's a waste of time. Try to trade and invest in other altcoins to grow your profit.
member
Activity: 112
Merit: 100
October 24, 2017, 07:47:28 AM
#67
As a starter i try to grow my coins by investing in small altcoins with capacity to increase. Holding bitcoin is not profitable unless you own a big amount.
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