Is Buying and Holding the only way? - page 5.

Lauff

jr. member

Activity: 196

Merit: 1

Quote from: osmo on October 30, 2017, 12:46:35 PM

I think buying and holding is not the only way to increase the amount of bitcoin we have, I suggest you better trading bitcoin or altcoin and you can benefit from rising and falling prices. it's in my opinion.

You just have to really take care of your ant miners to prevent them from dying and cause delays and possible loss of profits. Keep mining. I think you should keep mining. You should make a break from your ant miner first to make at least some of the advantages

SnapDown22

sr. member

Activity: 714

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

before you invest by mining whether you have done research or analysis of investment profits with mining for now I just invest by buying and holding some time to get the benefits and take advantage of opportunities as well as possible

Robert.J.K

newbie

Activity: 9

Merit: 0

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 Roll Eyes

globalking

copper member

Activity: 644

Merit: 0

POINTPAY

yes, I think buying and holding the best way you can do trading and mining also mining is not a profitable according to me because of its difficulty rate trading is an option for you if you want to do it.

tianok21

member

Activity: 128

Merit: 10

Buying is the good idea today, because the value of all cryptos' are going rise and I think this is good opportunity to do so. Then hold it until the value reach the highest price of all time. Buy today and hold for couples of days or months. This activity will give you an assurance nowadays to generate huge profit because of constant price hike.

Crypto_trader87

full member

Activity: 322

Merit: 100

I think you are using only 1 miner then your profit is not that much but if you are holding a farm like about 10 to 20 miners then you can earn that huge amount of profit in a year. The sulotion is divert your miner into defirent coins or tokens like etherium,zcash, or dash it seem profitable and low cost miner.

gage6rowden12

newbie

Activity: 9

Merit: 0

Of course it’s not. Although it’s probably the safest bet you can do other things like short term trade which is profitable but a little more risky. Another way which is very interesting and different from the stock market is mining. You can mine these different crypto and make profit. Or you can be a promoter and promote different ICOs for a fee.

mary cury

newbie

Activity: 119

Merit: 0

Yes you are right about that but there are a lot of ways you can do here in bitcoin to gain an income aside from buying and holding. Some of the ways are called investment, mining and also trading.

idgaf007

jr. member

Activity: 126

Merit: 4

I will do it 50/50 with respect to bitcoin as king and so that I can have backup when buying the dip, the other half I will invest in promising altcoins as they can give higher gains in a significant short period of time. This will give you both stability and possible big gains with your portfolio.

Birin016

full member

Activity: 378

Merit: 100

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

Buy bitcoin And hold is not one way to make a profit, you can try buy altcoin with cheap price but have a good future like Electroneum and TRX, or you can try invest in HYIP SITE(I not recommend this) also you can try Gambling(high risk).

AlexAtom

member

Activity: 560

Merit: 10

YOUC - www.youengine.io

Quote from: jerowacik on April 23, 2018, 06:32:23 AM

I prefer long time investing (holding). Trading short can be a good strategy if it is done properly. Trading short is a good idea when the market’s valuation pulls back, meaning there is a higher potential to make a quick profit when the market is highly volatile.

Yeah, i prefer investing and holding for long term too. Because if you trading and not have a knowledge about market movements,
you can lose your coins by trading it. so the best for me is holding because it is less risk.

LastRolling

member

Activity: 308

Merit: 10

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

yup i agree if you have a problem with reproducing your bitcoin bounty campaigns is the right way to earn. In bounty campaigns you’ll earn a proper amount of bitcoin depending on your rank and you will get stakes every week to determine how much tokens or bitcoins you’ll get from the bounty campaign.

Shanny44

newbie

Activity: 6

Merit: 0

Yes , The good way is buy limited bitcoins and store in her wallet for 5 or 6 months.the bitcoin price is going toward very fast. Since 2016 the price is 420$ when the 2018 starts the price of one bitcoin is 4200$ .One bitcoin is 1000% profit for peoples.

Bella Thorne

full member

Activity: 378

Merit: 100

Quote from: jerowacik on April 23, 2018, 06:32:23 AM

I prefer long time investing (holding). Trading short can be a good strategy if it is done properly. Trading short is a good idea when the market’s valuation pulls back, meaning there is a higher potential to make a quick profit when the market is highly volatile.

There are also the ways where you can invest or trade and also joining signature campaigns. I haven't tried the mining part. I already tried holding investing trading and joining some signature campaigns and so far it helps me get financially stable faster than what I've expected

sneeze11

full member

Activity: 347

Merit: 100

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

No buying and holding is not the only way to earn a lot of money there are so many way jlike investing, mining, trading and joining in a signature campaign. For me the best here is joining in a signature campaign or bounty campaign because you can earn a lot of money here but it depends on your campaign.

Shiversnow

full member

Activity: 688

Merit: 106

Quote from: MissionPhailed on October 04, 2017, 11:41:02 AM

Yep, the safest way is to simply buy an amount of Bitcoin and put it away in a cold storage. Value increased with 1000% since January 2016 ($420 to $4200), go figure ... Diving into alts could yield a much greater profit on the longer term but could also bite you in the ass financially. An acceptable middle-ground would be to put half of your funds into alts and leave the other half in Bitcoin. I'll make a return in cryptoland myself in this way.

We all know that buying bitcoin is one the safest way to have it and you must put in your online or offline wallet. Buying and holding are one of the best way to earn good profit. You must buy if the price of bitcoin is too low and affordable, then you must hold it for a long time or wait to the spike of the price of bitcoin so that you can earn good profit.

3rrr angels

newbie

Activity: 89

Merit: 0

Quote from: kang.reus on April 23, 2018, 11:28:46 AM

buying is the only way we want to express our desires when we want to have the desire that we want it, and to hold it is if we already have that thing in any form.

If your referring to a bitcoin its a YES, because if we sell today our bitcoin we are lossing big money including capital so all we need is to hold and wait until it rise back.

kang.reus

newbie

Activity: 73

Merit: 0

buying is the only way we want to express our desires when we want to have the desire that we want it, and to hold it is if we already have that thing in any form.

Kopceak_MD

member

Activity: 366

Merit: 14

Investment

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

it is better to trade buy alts at the bottoms, sell on top, but be sure to trade to bitcoin, so you and bitcoin will increase and dollars

tamarindbleu

full member

Activity: 392

Merit: 100

Quote from: Rinaze on October 04, 2017, 11:26:36 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.

There are some other ways in earning profit than buying and investing. but the thing is, it is the most efficient way to make larger and wiser way to use it. Because when you put all your bitcoin into investment it means the decision is in your hand whether you sell it to make bigger profit or not.

Topic: Is Buying and Holding the only way? - page 5. (Read 4363 times)