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Topic: Is Buying and Holding the only way? - page 8. (Read 4363 times)

sr. member
Activity: 616
Merit: 250
April 21, 2018, 07:34:37 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 it for a while with a trade but it is risky and takes patience to make a profit, but for now I'm doing a campaign with a little reward
full member
Activity: 336
Merit: 107
April 21, 2018, 07:21:12 AM
At the present time, it's not gainful to mine any longer on the grounds that there are bunches of mineworkers now and the creation cost is extremely high. There are different routes other than purchasing and holding. In the event that you are keen on exchanging it's by a long shot the quickest method to win but at the same time is unsafe. There are likewise opportunity in ICOs speculation as long as you probably are aware which one to help however that is the precarious part you know, finding the correct one. Everything is a hazard here and the inquiry is the amount of a daring individual are you. Keep in mind that nobody succeeds who doesn't go out on a limb. What's more, coincidentally, another great wellspring of btc is by offering administrations in return of btc and one illustration is the mark and abundance crusades here in this gathering. However, first you need to set up your rank to at any rate Jr. Part for you to be qualified in crusades
copper member
Activity: 364
Merit: 4
April 21, 2018, 07:13:35 AM
It is now, if you got in to the game early and started to mine using a graphics card then you will be one of the lucky ones. Otherwise, just buy and hold from coinbase or invest in an asics machine
newbie
Activity: 126
Merit: 0
April 21, 2018, 07:10:59 AM
Investtt
member
Activity: 238
Merit: 10
April 21, 2018, 04:39:07 AM
I think that this very good time to invest in bitcoin because the market is gradually stabilizing, the value of bitcoin is gradually recovering, so buy now and keep it waiting patiently when prices rose sharply late in the year 2018 bitcoin you will have large profits from it.
full member
Activity: 276
Merit: 100
April 21, 2018, 04:23:02 AM
buying and holding is the only best way ever, if I think. Just waiting for the right time to sell bitcoin. If it can be up to the big risco bitcoin it is your chance to sell it. Grin

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.
full member
Activity: 350
Merit: 100
April 21, 2018, 03:51:54 AM
I think it's best you keep on mining. You have to make a break even first of your ant miner to make at least some profit. You just have to take real good care of your ant miner to prevent it from dying and thus causing delay and possible loss of profit. Keep on mining, buddy!

Every day and when you count them in the long run it may be more expensive than waiting. In addition you learn about the market more and can get insight into what's going on there. Definitely Buying and Holding is not the only way. I would advise you to invest in a volatile coin only a few percent and you can make more money because you will get something this is to be patient
jr. member
Activity: 238
Merit: 1
April 21, 2018, 03:49:44 AM
yes of course that is the best way. because bitcoin is the most reliable of all crypto currencies, and its value is great. Just wait for the right time to resell it if you invest bitcoin.
jr. member
Activity: 329
Merit: 3
April 21, 2018, 03:48:43 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.
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newbie
Activity: 192
Merit: 0
April 21, 2018, 03:46:00 AM
buying and holding is the only best way ever, if I think. Just waiting for the right time to sell bitcoin. If it can be up to the big risco bitcoin it is your chance to sell it. Grin
full member
Activity: 225
Merit: 107
April 21, 2018, 03:40:37 AM
buying or holding ? there is another way you can now start trading and hold tell the value is increasing
hero member
Activity: 770
Merit: 500
April 21, 2018, 03:10:44 AM
To invest in this market, this is not the only way. There are many other ways as well like ICOs, Investments, Mining, Trading, Bounties etc. You can earn bitcoin by work on some signature campaign and can earn bitcoin or you can invest in some projects and can earn bitcoin.
hero member
Activity: 2604
Merit: 816
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April 21, 2018, 03:00:00 AM
buying and holding is not the only way to make a profit, if you have skills in trading, then you can try to trade in every day but you need to analyze every coin so you can earn the profit. besides that, by holding many coins for a long time, you can really make a big profit because for some coin especially for the top ten coin in the market will give you a big profit.
member
Activity: 310
Merit: 10
April 20, 2018, 11:07:36 PM
Buying and selling of cryotocurrency is not the only, you can mine various coins, one can as well do a freelance writing or job, bounty campaign,air drop and get forward..
Yes right, unfortunately almost everyone and users just focus on buying and selling, we can get bitcoin in various ways and I think the best option right now is by mining than others.
sr. member
Activity: 728
Merit: 254
April 20, 2018, 10:52:18 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
No,  there are many ways to earn bitcoin. You can also do mining like what you have been mentioned but is required for you to have enough money to sustain it for the reason that you spend a lot of money in the equipments and the electricity bills.  But you can also join bounty campaigns and signature campaigns to earnoney. You can also do trading and gambling.
member
Activity: 294
Merit: 26
April 20, 2018, 10:48:54 PM
For me, yes the holding and buying bitcoin, it will provide more possiblities that you can have a healthy and better life in the future. But ofcourse, it all depends on the market situation.
full member
Activity: 420
Merit: 100
April 20, 2018, 10:34:52 PM
Buying and holding bitcoin is a good idea since it will provide more possibilities that you can have a better life in future. You can also earn through involving in campaigns like bounty and signature campaign. I will advice that you start now more diligently searching for a lot of knowledge about which is related to crypto.
member
Activity: 280
Merit: 10
April 20, 2018, 10:20:41 PM
Yes Bitcoin still very profitable and good to make investment in it. If you invest money in bitcoin today you can still have a great returns you get and more profit. However, it is always recommended to do own research before taking an investment decision because everyone might not have the same opinion about it.
member
Activity: 434
Merit: 10
April 20, 2018, 09:55:45 PM
Buying and holding is the best strategy to earn money in the future, maybe we need to choose a good coins to have a good income if we hold that coins in the long time, we need to make a research first if we need to buy a coins to have a good income, to avoid shit coins to loss you money.
newbie
Activity: 42
Merit: 0
April 20, 2018, 09:50:20 PM
Nothing better than a good night sleep, while your BTC are safe in a hardware wallet with multiple safely stored backup paper keys
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