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Topic: Just earned my first 9$ in Bitcoin Cash, how can I grow it? - page 12. (Read 1854 times)

sr. member
Activity: 1666
Merit: 268
If you want to trade crypto with your $9, you can buy Ethereum or bitcoin coins or a good selection of other coins that fit your amount. However $9 is very small to trade if you want to make it grow a lot quickly, it can not and will take a long time. So you just try to trade first
sr. member
Activity: 1582
Merit: 333
You need more funds. $ 9 is a very small amount. Even trading is not possible because there is a minimum trade amount and a fee is deducted for exchange. You better collect more funds, at least if you have $ 50 is good enough for a beginner.
maybe used for another market trade could make it growth. With $9 if we have skill in forex trading or binary , we could make it doubled. But it will need our trading skills or knwoledge. Lucky is not enough for us to survive in anay financial market. Hold maybe could be best choice if we have no more money to add our trading balance. In few months its value will increase alot.
hero member
Activity: 1498
Merit: 785
You need more funds. $ 9 is a very small amount. Even trading is not possible because there is a minimum trade amount and a fee is deducted for exchange. You better collect more funds, at least if you have $ 50 is good enough for a beginner.
hero member
Activity: 3024
Merit: 651
Wow.

$9? and in Bitcoin Cash?
First thing you should do is get it out of that coin. Next thing you know it will just be $8 worth of BCH and then until 0.
Just use it to celebrate. But some pizza or something and then savor the taste of what you had earned.  Grin

Then, when your tummy is in good condition and so does your mind will be.
Think again. Is $9 really enough to go trading?
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
just hold it, that's all that can be done. but if you have the right analysis on the market, doing daily trading can also make your assets grow. but if not, don't take the risk and keep it hodl.
sr. member
Activity: 532
Merit: 302
You'll do best by just hodling your $9 worth of BCH. Once BCH goes to its old highs in a few thousands and higher, your stake will be worth  hundreds at least.

It is very very unlikely to go back to its ATH. Since that high point it has split in two and both of those forks are not doing well. If I'm not mistaken Bitmain was still supporting BCH when it was at its high and they also dropped it since then.
member
Activity: 462
Merit: 19
You can grow your BCH by trading if you know how to, if you don't you can learn or you should find a bounty program that pays in btc or stable coin then you can exchange to BCH after
sr. member
Activity: 798
Merit: 263
You'll do best by just hodling your $9 worth of BCH. Once BCH goes to its old highs in a few thousands and higher, your stake will be worth  hundreds at least.
sr. member
Activity: 1344
Merit: 253
do not give up friend. with the funds you have, you can do daily trading, so that its development is fast, rather than long-term investing, I think the results are less satisfying. but to trade, will be faced with a great risk, therefore we must be careful in analyzing market movements

member
Activity: 504
Merit: 23
Epsilon Omega
That amount will not sure profit in a short term term but I suggest keep it in paper wallet to secure it. Don't deposit that on any exchange because it will be inconvenient for you, there's a lot offer high withdrawal fees for me your funds is just for transaction fee. You better keep it on a long run, use paper wallet
sr. member
Activity: 980
Merit: 252
What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

That capital is worthless for trading i think, you should earn more either by just doing airdrops and bounties, but you can learn to trade since right now with a very small capital in case just for practice. Then when you have like 100 usd worth of cryptocurrency you can go to big exchange like binancebto trade there
legendary
Activity: 2450
Merit: 1047
What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
There's really not much you can do with that amount, I don't recommend that you invest it in HYIP it's very risky to do that or even gamble that in an online casino, holding that is the only way to grow that Bitcoincash, trading bots are also risky but the decision is yours if you ask me, you could lose that if you engage in these activities.
full member
Activity: 646
Merit: 102
http://Moonbet.io
What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

Congrats on that. But the sad news is that 9$ worth of any coin can't be traded to expect profits. You can either add up to the 9$ so as to be able to trade with it, you can also decide to hold the 9$ BCH for a long term . The choice is yours to make.
full member
Activity: 1624
Merit: 163
You are more likely to earn more working in real life than to waste your time trying to make that grow.

Thank you all for your advice.

Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info? I ask these because I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.

And 9$ is a lot in Iran Sad

My suggestion is that trade that into paypal. There's a lot of trusted people here who trades paypal to cryptocurrency, you just have to check their reputation first.

EDIT: Should I believe people who say cryptocurrencies are scams?

There's a lot of malicious people here and that's the only thing that you should be afraid of and there's a lot of them to new projects so you should stay away from it. Stick to Bitcoin.

sr. member
Activity: 784
Merit: 257
There is no way to grow your crypto briefly, What's more you only have 9 $, with a capital of $ 9 it takes a long time to get a satisfying profit, there is a way to double crypto, site with a ponzi scheme, or hyip, but such sites usually lead to scams.
HCP
legendary
Activity: 2086
Merit: 4318
... I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.
That's going to be the major hurdle in anything you attempt to achieve with your cryptocurrency Undecided

Growing your coins with such a small amount to start is going to be very difficult... converted to BTC that's around 0.00116100BTC... given a lot of exchanges and sites have withdrawal fees around 0.0005BTC you'll need to grow your amount quite substantially to avoid the losing most of your funds to fees.

One option (although very very VERY risky) would be to simply gamble it Tongue high return, HUGE risk... but again, most of the crypto casinos and gambling sites don't allow users from Iran etc.


Whatever you do, avoid the temptation to try some of the "too good to be true!" type offers that float around on this forum (coin doublers, so-called 'high yield investment programs' aka HYIPs, cloud mining etc).
hero member
Activity: 1659
Merit: 687
LoyceV on the road. Or couch.
Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info?
The exchange in my signature should work just fine for this.
But, before doing this, make sure you have a real Bitcoin wallet ready, so you don't end up sending your coins on the wrong chain!
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
EDIT: Should I believe people who say cryptocurrencies are scams?
FUD. Let the fudders do their job. Crypto in other word bitcoin has past it's 10 years and there was a lot of ups and downs but we are still surviving. From zero dollar value to it went up to over $19k. After the next halving we possibly will see higher than this price. Stay positive.

Quote
Thank you all for your advice.

Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info? I ask these because I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.

And 9$ is a lot in Iran Sad
You can do a simple trade in here with any forum member from Currency Exchange section. There are people who needs bitcoin cash or they perhaps like it. It may take time but eventually you will find someone. Deal with someone trusted so that they do not go away with your money once you send them.

move from bitcoin.com wallet. Who use it?
Download Electrum from here: https://electrum.org/#download
Verify the signature before installing: https://bitcoinelectrum.com/how-to-verify-your-electrum-download/
In the process you will learn a lot, trust in Bitcoin.

Good luck.
newbie
Activity: 17
Merit: 5
What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

To grow in a short time?

There is no such thing as that. Don't expect an overnight big return in crypto.

Where's your BCH now? If it's already on a trading platform, convert it to BTC (around BTC0.001 at the current rate) then hold it just there (fees concern). You won't feel the profit so you need to harm your precious fiat wallet or find other sources to accumulate more BTC.

It's in the wallet from bitcoin.com.
legendary
Activity: 2254
Merit: 1236
Heisenberg
What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
Well first thing i would advise you is to sell off the Bitcoin Cash. It's a forked coin that is going nowhere expect the bottom over time. I would also recommend you to get more ways of accumulating more bitcoin before starting off to trade.

As for bots, you will have to pay subscription in order to use them and it would turn out to be costly for a person like you. Juts teach yourself how to trade and become a self made trader. Youtube can be of help.
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