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Topic: Is Buying and Holding the only way? - page 4. (Read 4363 times)

newbie
Activity: 56
Merit: 0
April 24, 2018, 01:41:25 AM
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. Smiley
full member
Activity: 406
Merit: 100
April 24, 2018, 01:40:42 AM
Maybe it is so. Because the transaction fees are too large, and yet the fees of exchanges must be taken into account
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
April 24, 2018, 01:33:09 AM
I feel that it's definitely better for you to use fiat to exchange BTC if you are just going to buy one antminer to mine. Apart from that, increase your capital to buy a lot more ASIC, that would bring your profit to however much you want but do note that mining difficulty do increase so a constant calculation might not work.

I am very interested to mine and I dont even  know how,but I am willing to learn. Holding and buying is not the only way, I think better to work for Bitcoin even though buying is better cause instant you have some amount to hold but working is kinda useful in terms of you dont have to used you cash to have your own profit, I guess the amount that you can earn is way better in amount.
hero member
Activity: 1386
Merit: 504
April 24, 2018, 01:26:08 AM
Its not the only way, but its the best and easiest way to make profit. If you are new, and you want to trade, you will see that it can be very hard. As a trader, you need a lot of experience. And to get this experience, it need some years, and you have to know the market. So on the beginning its nearly impossible to be a successfull trader. Thats why everybody is recommending to you to hold your coins when you are a newbie. On the beginning i try to trade and make some profit, but i would make more profit if i just hold it.
There are many ways you have only to search it and discover it for yourself because some of the ways are already here you will going to find out what fits for you. You may hold or do some strategy in the market. Having skills doesn't take as long as a years, tou may always learn along the road and its in your own perseverance of learning the things that will help you.
full member
Activity: 255
Merit: 100
April 24, 2018, 01:20:44 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 other ways other than buying and holding. If you are interested in trading it's by far the fastest way to earn but is also risky. There are also opportunity in ICOs investment as long as you know which one to support but that's the tricky part you know, finding the right one. Everything is a risk here and the question is how much of a risk taker are you. Remember that no one succeeds who doesn't take risks
Yeah on cryptoworld there is always a risks iIf you dont take the risk you will not earn just like on investings on Bitcoin investments and other cloud mining that investments is very risky because you dont know Who is the owner of that and Trading is risky too its just like gambling.
full member
Activity: 223
Merit: 100
April 24, 2018, 01:10:42 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 other ways other than buying and holding. If you are interested in trading it's by far the fastest way to earn but is also risky. There are also opportunity in ICOs investment as long as you know which one to support but that's the tricky part you know, finding the right one. Everything is a risk here and the question is how much of a risk taker are you. Remember that no one succeeds who doesn't take risks
full member
Activity: 378
Merit: 100
April 24, 2018, 01:03:14 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



No buying and holding is not the only way to earn a large amount of money. There's a mining, investing, trading and joining in a signature campaign or also known as bounty campaign. That's the other way and that can also help you to earn a large amount of money.
hero member
Activity: 1540
Merit: 508
April 24, 2018, 12:53:55 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
You can earn bitcoin by mining, earn from ptc/gpt/offers website. I am earning bitcoin by doing signature campaigns, it is a good source.
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
April 24, 2018, 12:47:01 AM
Its not the only way, but its the best and easiest way to make profit. If you are new, and you want to trade, you will see that it can be very hard. As a trader, you need a lot of experience. And to get this experience, it need some years, and you have to know the market. So on the beginning its nearly impossible to be a successfull trader. Thats why everybody is recommending to you to hold your coins when you are a newbie. On the beginning i try to trade and make some profit, but i would make more profit if i just hold it.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
April 24, 2018, 12:36:58 AM
there are still so many ways to produce bitcoin, or the more money you have. maybe trading is one of his siblings. investment, and other things. so much choice in this regard. buy, and hold is just one of the most commonly used ways.
full member
Activity: 476
Merit: 100
April 24, 2018, 12:35:32 AM
how to buy it is enough to see the price of 1BTC if the price is cheap and we sell it at an expensive price in accordance with our prediction ,, whether the price will rise or fall if the drastic drop better we hold first.
full member
Activity: 294
Merit: 101
April 24, 2018, 12:28:35 AM
I think you better trade bitcoin or altcoin. I've been doing in the last few months and earning so much profit, now is a good time where coin prices are at a low point.
newbie
Activity: 21
Merit: 0
April 24, 2018, 12:19:02 AM
The method I mostly use is just holding, I use faucets though so I don't have a ton of any certain coin yet. I just find it nice to wake up in the morning and see the prices of what I do have going up or down each day knowning that it's really free money to me. Plus by holding and using faucets I can continually add to my crypto totals a little at a time while being in it for the the long run.
full member
Activity: 602
Merit: 102
April 24, 2018, 12:16:09 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 known currencies like Bitcoin and Ethereum should be classified as a calculated risk, because of their potentials and recognition. You can actually invest whenever there is a dip in the market. Investing in new currencies is not really a bad idea, but just choose the once with prospects.
jr. member
Activity: 182
Merit: 2
April 24, 2018, 12:10:21 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
This is not. Bitcoin not only buy and hold. You can get with you following the signature campaign and bounty hunter. If you have more confidence with another coin in the future will have a high value, you can give it a try.
newbie
Activity: 54
Merit: 0
April 24, 2018, 12:02:12 AM
I think buying and holding is not the only investment. Now I find that we can earn bitcoin in many ways like mining mine or participating in signature campaigns. From there we can cum bitcoin and make a profit. Buying and keeping bitcoin is a safe and long-term investment in the future but it is not the only way.
I agree with your point. But, in my opinion, this is the only good way for new entrants to invest in this market. When they do not have much experience, they can follow the waves of the market for more experience.
newbie
Activity: 9
Merit: 0
April 23, 2018, 11:55:16 PM
If you want just to play on the price going up, you shouldn't bother with mining, because mining is all about engineering (building good rigs, cutting down on energy consumption etc). I think if you are not an engineer hodling would be a better choice.
member
Activity: 294
Merit: 11
April 23, 2018, 11:49:12 PM
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

In my opinion, buying low and hold will make you earn much money but I think the price increase is really depends on the demands of millions of people. Today is the best time to buy because the price is still low and then just hold until the price will rise up again. Your investment here aside from your capital is your patience. Just be patient to wait for the price to rise up again and you will see the benefit of being patient.
full member
Activity: 336
Merit: 100
April 23, 2018, 11:42:19 PM
I think buying and holding is not the only investment. Now I find that we can earn bitcoin in many ways like mining mine or participating in signature campaigns. From there we can cum bitcoin and make a profit. Buying and keeping bitcoin is a safe and long-term investment in the future but it is not the only way.
newbie
Activity: 196
Merit: 0
April 23, 2018, 11:39:58 PM
Certainly, if you want good positive results, more profits and even become rich or millionaire, buying and holding bitcoin for a long period of time until it double or triple its value, for me is the only way to fullfil thoe lasting goals.
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