Is Buying and Holding the only way? - page 22.

BitcoinMuscle

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Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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

Investing in Bitcoin as a long term investment is a great idea and it is a lot safer than investing in new cheap coins and hope that they will grow to $4k. The chance for that to happen is 1 from 1000000. For bitcoin it took almost 10 years to reach 4000$. Do you think it is better to invest in hundreds of coins and wait 5 years hoping one of them will reach 4000$ or it is better to invest only in Bitcoin and after 5 years you have a guaranteed 100%-500% profit?

jak3

legendary

Activity: 1274

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No Buying and Holding is not the only way. Don't See bitcoin as a cryptocurrency instead see it as a money. people don't just buy and hold money they earn it. earn bitcoin and buy an asset. faucets will not give you 1bitcoin but your skills can provide you money if you really put that to good use. there are some sites like freelancer which provides money when you do work for them. you can investor you can even start up your own business.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: nidacoinlove on October 04, 2017, 01:38:01 PM

As long as I understood the OP wants a suggestion to get a quick earning on his capital. It seems to me like he is confused about to invest directly in bitcoin or in any of the altcoin so that he get a maximum profit.
To my opinion bitcoin is the most secure investment in the entire crypto-currencies. Bitcoin is less riskier with a great potential price growth. There are few well reputed altcoins which can also be considered for the purpose of investment, they don't disappoint the investors as well.

Yes, he is confused because he's treating mining and holding separately.
If every miner saw his profits from mining after an immediate conversion, he'd never got into it. Most miners get their profits because they are getting maybe 10% after reaching ROI on top of holding it all for a whole year.

nidacoinlove

sr. member

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Quote from: Vendetta666 on October 04, 2017, 11:23:51 AM

Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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

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 campaigns

As long as I understood the OP wants a suggestion to get a quick earning on his capital. It seems to me like he is confused about to invest directly in bitcoin or in any of the altcoin so that he get a maximum profit.
To my opinion bitcoin is the most secure investment in the entire crypto-currencies. Bitcoin is less riskier with a great potential price growth. There are few well reputed altcoins which can also be considered for the purpose of investment, they don't disappoint the investors as well.

misa999

member

Activity: 84

Merit: 10

Quote from: Wipro on October 04, 2017, 01:27:08 PM

Quote from: whaawh on October 04, 2017, 01:19:14 PM

Quote from: Cindy1983 on October 04, 2017, 12:54:22 PM

Hmmm, as I know miners are having a lot of troubles nowaday because of the diff is too high and the electric cost, the amount of money you have to invest to start mining is really big and at the diff level right now it may take about more than 1 year to take your investing money back so it's a little bit long so I think you better join trading but don't be hurry, try to research a lot before you join and don't hold any coins too long except Bitcoin. Beside joining campaign in this forum is ok although it's not a quick way to earn Bitcoin but you don't have to spend too much time as faucet.

I think that if I pay attention only to the company, then this is reality. Ways that make it possible to earn without risking by any means. Of course, the speed is discussed here, because it will be necessary to wait not only for the end of the company, but also for the beginning of the payment.

Don't understand bro are you gonna concentrate in the bitcoin related work or you gonna concentrate your day job from your company alone. You have to understand the bitcoins price potential to reach the next peak value soon. If you are fine to wait you can just buy and hold for sometime.

I dont understand what all of you are saying! But Hodling BTC is great!

Wipro

hero member

Activity: 924

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Quote from: whaawh on October 04, 2017, 01:19:14 PM

Quote from: Cindy1983 on October 04, 2017, 12:54:22 PM

Hmmm, as I know miners are having a lot of troubles nowaday because of the diff is too high and the electric cost, the amount of money you have to invest to start mining is really big and at the diff level right now it may take about more than 1 year to take your investing money back so it's a little bit long so I think you better join trading but don't be hurry, try to research a lot before you join and don't hold any coins too long except Bitcoin. Beside joining campaign in this forum is ok although it's not a quick way to earn Bitcoin but you don't have to spend too much time as faucet.

I think that if I pay attention only to the company, then this is reality. Ways that make it possible to earn without risking by any means. Of course, the speed is discussed here, because it will be necessary to wait not only for the end of the company, but also for the beginning of the payment.

Don't understand bro are you gonna concentrate in the bitcoin related work or you gonna concentrate your day job from your company alone. You have to understand the bitcoins price potential to reach the next peak value soon. If you are fine to wait you can just buy and hold for sometime.

l3sny

hero member

Activity: 859

Merit: 1000

I think this is the most profitable way to earn money on the market, since the only thing you have to do is to look at potential coins and then invest for some time, you dont have to do anything, only to wait a few time until it makes x1,5 x2, it is so easy, i really have fun when i hold, and it doesnt takes me much time to do it, so i enjoy it.

whaawh

sr. member

Activity: 714

Merit: 251

Quote from: Cindy1983 on October 04, 2017, 12:54:22 PM

Hmmm, as I know miners are having a lot of troubles nowaday because of the diff is too high and the electric cost, the amount of money you have to invest to start mining is really big and at the diff level right now it may take about more than 1 year to take your investing money back so it's a little bit long so I think you better join trading but don't be hurry, try to research a lot before you join and don't hold any coins too long except Bitcoin. Beside joining campaign in this forum is ok although it's not a quick way to earn Bitcoin but you don't have to spend too much time as faucet.

I think that if I pay attention only to the company, then this is reality. Ways that make it possible to earn without risking by any means. Of course, the speed is discussed here, because it will be necessary to wait not only for the end of the company, but also for the beginning of the payment.

misa999

member

Activity: 84

Merit: 10

Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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 that buying and holding is good but you will not get so much returns as you can if you seek for coin burn etc, watch out coin events!

Chicken-Dinner

newbie

Activity: 15

Merit: 0

Buying and holding bitcoins is not the only way, You can visit the marketplace section and you can offer a service to earn bitcoins. If you have an enough bitcoins you can also try to trade them but you must know how to be a successful trader to fulfill your trading strategies. You can participate in any Signature and Social campaigns because there's no risk to deal with. Buying and holding bitcoins is a long term investment. You should be patient and smart to pursue that kind of investment.

jekjekman

sr. member

Activity: 378

Merit: 250

Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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

Buying and holding of Bitcoin or any other coins is not the only way to earn from cryptocurrency scene as you can maximize this by using it to your own websites or business online, mining is not an overnight success of course it would take you time before you can reach your return of investment but I tell you that it is worth it after you get back your expenses as it is considered a passive income, having less risk is getting less profit in mining but patience is a must.

Most of people who is in mining and trading right now will surely say that it is more worth it to hold your coins than to buy a hardware in mining but if you think it clearly, most of the miners and traders way back 2015 will probably said that and the price of low valued Altcoins boomed this 2nd quarter of year 2017 but here we goes again, history repeat itself and at the end of the day it is still your choice.

Cindy1983

full member

Activity: 196

Merit: 100

Hmmm, as I know miners are having a lot of troubles nowaday because of the diff is too high and the electric cost, the amount of money you have to invest to start mining is really big and at the diff level right now it may take about more than 1 year to take your investing money back so it's a little bit long so I think you better join trading but don't be hurry, try to research a lot before you join and don't hold any coins too long except Bitcoin. Beside joining campaign in this forum is ok although it's not a quick way to earn Bitcoin but you don't have to spend too much time as faucet.

hatshepsut93

legendary

Activity: 3038

Merit: 2162

If you want to increase your potential BTC profits, I suggest you to check out casino investing. In short, you are depositing your money into casino and it will be used to pay players when they win - in exchange you will be getting a share of total casino profits proportional to your share in casinos bankroll. Your profit is not guaranteed and you may even lose some portion of your investment if the players are too lucky, but in the long run it can be quite profitable. But it's very important to choose a good casino, and of course remember to not invest more than you can afford to lose.

Here's some links:

https://thebitcoinstrip.com/investing/

https://bitcointalksearch.org/topic/crypto-gamesnet-investment-returns-updated-weekly-week-35-2796-in-btc-1796062

https://bitcoingamblingreviews.com/bitcoin-gambling-investment/

fanbeila

hero member

Activity: 714

Merit: 500

Yes,as far as bitcoin is concerned,long term investment is beneficial and short term benefits could not be expected from it.As we could see that its price is increasing rapidly,we could just buy and hold bitcoins for even two months to get good returns.As far as altcoin market is concerned,its highly volatile and long term investment could not yield huge benefits as many coins just vanish in the long run.

lucifochrome

full member

Activity: 154

Merit: 100

If what you are trying to say is the way on how to earn bitcoin aside mining then Buying and holding is not the only way. One is you can join campaigns, it pays a decent amount of bitcoin, it is not that big but it is alright. Then there is trading, buy alt coins and trade. this is where the buying low and selling high principle comes into play. Take note of the price. Always read news as that may affect bitcoins prices due to law of economics. Many people might do panic selling and that is what you want to take advantage of. There are other ways such as gambling but this will entirely depend on your luck, i did not go through this route as i am not a lucky person, i am most likely going to lose than to gain bitcoin. Anyway there are other things such as selling services for bitcoin and more. Happy earning

Kprawn

legendary

Activity: 1904

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If you use the money you were willing to spend on a ASIC miner and you buy bitcoin for it, you will have enough to start you on

your journey. Buy cheap and sell high... take the profits and buy even more bitcoins. The volatility make it possible for people to

make quick profits in a very short time. If you did this a year ago, you would have bought at $1000/bitcoin and if you sold now,

your profits would have been more or less $3000 per coin. Not a bad profit for a small investment. Wink

.... A lot more than the $300

you calculated with mining bitcoins. Grin

shamzblueworld

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Activity: 714

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Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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

Its certainly not the only way, a better way would be to keep on buying bitcoin at low value and sell at high on daily or weekly basis. And accumulating the profit and increase your holdings as well.
Also trading altcoin is also a feasible way to increase your bitcoin.

ukstar

jr. member

Activity: 436

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If you want to holding you can do it or you can trade with your coin.

webtricks

legendary

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Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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

Or you can either forget for a while that Bitcoin is some special wealth which could only be acquire through means like mining, faucets or investment. Rather it is an internet currency and you can demand it from people for services.
You can earn Bitcoins through advertising (this is a vast area including website publishers, twitter advertisers, here on forum signature advertising) or through freelancing (web development, designing, or more).
It is not that difficult to accumulate 1 Bitcoin. I made much more than that by combining various possibilities.

MFY151

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Quote from: Saleem786123 on October 04, 2017, 11:00:33 AM

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.

Topic: Is Buying and Holding the only way? - page 22. (Read 4363 times)