Methods of growing your Bitcoin? - page 146.

SebastianJu

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Quote from: harizen on October 20, 2015, 05:25:44 AM

Quote from: Dotakels on October 19, 2015, 10:56:54 PM

why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

If gambling is one of their method in growing their beloved bitcoin then we have no right to contradict even they posted that. That is their method and if newbie will do the same it's not their fault as the title of thread is asking for Methods of Growing "Your" Bitcoins.

No he is right. Even when someone claims he "grows" his bitcoin with gambling. It simply is not correct. Either he deceives himself by not thinking about the losses or he had a short time some luck.

But it is impossible that you have luck all the time. And mathematics can't be beaten. You will inevitably lose over time with gambling. Except you play something where you can change the odds to your advantage. But dice casinos and co are nothing like that.

So no, offering gambling to newbies is a bad advice. It it simply a mathematical proven sure way to lose your bitcoins. Not to grow them.

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Quote from: douse1984 on October 20, 2015, 12:24:06 AM

Trading bitcoin and lending out are the riskiest methods I wanted to do. I have some experience in these two. When one out of 10 loan goes wrong it will not hurt that much same way in trading too.

When one out of 10 loans goes wrong then you lost more than what you earned in the last 9 loans. If you received 10% interest. If you had a proper collateral, that means a nonhacked account, for example Roll Eyes

, then it might be not so dangerous.

So never loan without a proper collateral.

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Quote from: anonymousinvest on October 20, 2015, 12:07:07 AM

hi im Bruce Wevael, im a co founder of anoninvest,

to anyone thats looking for a legitimate company to invest their bitcoins, my company anoninvest provides 3 anonymous bitcoin investment portfolios that are manged by professional traders

these products were only available to tor network users, but we have opened these products up to everyone via a tor2web extension

check out our website http://nurhgwbdqavwybzo.onion.to if you have any questions post away

cheers Bruce

[/quote

For anyone thinking about clicking that link. Better don't. If you invest there you have no chance of getting anything back when they run with your coins.

chaser15

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Signature Campaign + Gambling + TRADING + Faucets

These are all my method. Im now focusing trading since last couple of week it gave me a better profit. First time to surpass my maximum payout in signature campaign per week.

harizen

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Quote from: SebastianJu on October 19, 2015, 05:41:56 PM

Quote from: harizen on October 19, 2015, 09:05:31 AM

Quote from: SebastianJu on October 19, 2015, 07:58:55 AM

Quote from: fantoos on October 19, 2015, 07:26:29 AM

The best method is just to hold and keep them safe in cold storage and wait for halving of blocks after that will be huge increase in price.If you can't wait then try gambling or trading other cryptocurrencies are the options but there are also some risks involve too.

That's only a good way when you can live with watching the bitcoin price drop 10% or even 25% a day. It really can be stress to hold bitcoins.

Yes really stressful.

Im watching the price chart now. Just now it hits $264 as of I posting this. Less than 10 minute it's in $266 mark.

It's always fun as long as it wents good. I'm not sure if you still hold bitcoins when the price drops or if you watch your value dropping.

Even the price went good still a stressful one. It really affects my mind by creating some massive decisions making ideas if what will I do next lol. No point of letting it go now since price range are just in a small range.

Quote from: Betwrong on October 20, 2015, 05:49:08 AM

And right now it is $269,9 for BTC. In the past several days the price is fluctuating around $260 and let's hope it will never drop under $250 again. At least I think so.

Well with the current positive speculation about the price for the next upcoming weeks, reaching back the btc price for $250 mark has a low chance*.

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Quote from: harizen on October 19, 2015, 09:05:31 AM

Quote from: SebastianJu on October 19, 2015, 07:58:55 AM

Quote from: fantoos on October 19, 2015, 07:26:29 AM

The best method is just to hold and keep them safe in cold storage and wait for halving of blocks after that will be huge increase in price.If you can't wait then try gambling or trading other cryptocurrencies are the options but there are also some risks involve too.

That's only a good way when you can live with watching the bitcoin price drop 10% or even 25% a day. It really can be stress to hold bitcoins.

Yes really stressful.

Im watching the price chart now. Just now it hits $264 as of I posting this. Less than 10 minute it's in $266 mark.

And right now it is $269,9 for BTC. In the past several days the price is fluctuating around $260 and let's hope it will never drop under $250 again. At least I think so.

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Quote from: dinda22 on October 20, 2015, 05:39:38 AM

Quote from: Dotakels on October 19, 2015, 10:56:54 PM

why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

because gambling does look pretty easy to play for some people who have certain skills. because for the moment it is very difficult to find a method to grow bitcoin. trading? quite difficult to analyze. invest? too many scammers. so the people prefer gambling despite having a huge risk, at least gambling is determined by luck Grin

many scammers does not mean only scammers...
if you want no risk then go only on free investments so you have only invested time.

dinda22

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Quote from: Dotakels on October 19, 2015, 10:56:54 PM

why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

because gambling does look pretty easy to play for some people who have certain skills. because for the moment it is very difficult to find a method to grow bitcoin. trading? quite difficult to analyze. invest? too many scammers. so the people prefer gambling despite having a huge risk, at least gambling is determined by luck Grin

harizen

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Quote from: Dotakels on October 19, 2015, 10:56:54 PM

why people should always list the gambling as a method of growing their coins? if you continue that maybe newbie's will com to gamble because they saw that many users are saying that they grow their coins from gambling.

If gambling is one of their method in growing their beloved bitcoin then we have no right to contradict even they posted that. That is their method and if newbie will do the same it's not their fault as the title of thread is asking for Methods of Growing "Your" Bitcoins.

RealBitcoin

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Quote from: Amph on October 20, 2015, 03:59:45 AM

Quote from: StarofBTC on October 20, 2015, 01:27:26 AM

Mine is faucet and signature campaign ==>gambling and repeat

i would trade instead, at least there if you're good there are good possibility to earn soemthing, poker also is very akin to trading

gambling better not, because you're asking to lose you money, since the odds are against you

Yep trading is the way to go. I used to do gambling but I found out the harsh truth unfortunately.

Trading on the other hand is much easier and you can actually win here, without being lucky.

Amph

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Quote from: StarofBTC on October 20, 2015, 01:27:26 AM

Mine is faucet and signature campaign ==>gambling and repeat

i would trade instead, at least there if you're good there are good possibility to earn soemthing, poker also is very akin to trading

gambling better not, because you're asking to lose you money, since the odds are against you

roadbits

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Quote from: StarofBTC on October 20, 2015, 01:27:26 AM

Mine is faucet and signature campaign ==>gambling and repeat

You also start lending your coins if you have more then enough for you. This also help to grow your bitcoins. But make sure you always lend coins with proper collateral. No collateral then no loan will save you from loses. I don't spend much of my coins in gambling because I know I can't make much from that method.

StarofBTC

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Mine is faucet and signature campaign ==>gambling and repeat

JayJuanGee

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Quote from: Arcteryx on October 20, 2015, 12:39:59 AM

Quote from: JayJuanGee on October 20, 2015, 12:35:48 AM

Quote from: ?? on ??

Shifting coins between alt and btc on an exchange can give you nice results Smiley

Now that sounds like gambling, unless you have some insider knowledge.

Why only profit if you have some insider information? I see others just trading between alt coins on a good day and making profit. Small amounts but still in the positive is considered profit.
Not really gambling. Only if you risk a large amount to get a massive amount of profit. But just like anything, that is greed and you'll eventually lose on those investments.

I will concede the point that there is potential there, and in that regard, there could be intelligent strategies to enter and to exit into alt coins - especially if you can time your entry and exit well and during times that BTC prices are either stagnant or going down. On the other hand, you could a whole hell-a-va lot if you time it badly and if that timing is further magnified by your missing considerable BTC appreciation that could also take place at unexpected times.

In other words playing alts can be risky like gambling if you do NOT do your homework or employ some strategic and informed timing of your trade actions.

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Quote from: JayJuanGee on October 20, 2015, 12:35:48 AM

Quote from: ?? on ??

Shifting coins between alt and btc on an exchange can give you nice results Smiley

Now that sounds like gambling, unless you have some insider knowledge.

Why only profit if you have some insider information? I see others just trading between alt coins on a good day and making profit. Small amounts but still in the positive is considered profit.
Not really gambling. Only if you risk a large amount to get a massive amount of profit. But just like anything, that is greed and you'll eventually lose on those investments.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: ?? on ??

Shifting coins between alt and btc on an exchange can give you nice results Smiley

Now that sounds like gambling, unless you have some insider knowledge.

douse1984

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Trading bitcoin and lending out are the riskiest methods I wanted to do. I have some experience in these two. When one out of 10 loan goes wrong it will not hurt that much same way in trading too.

hardtime

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Yes Exchange can bring good profits, Buying bitcoins and Selling Bitcoins is the best way. And also here in Lending Section We can get a Good Interest Rates for our Bitcoins by Providing Loans.

anonymousinvest

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hi im Bruce Wevael, im a co founder of anoninvest,

to anyone thats looking for a legitimate company to invest their bitcoins, my company anoninvest provides 3 anonymous bitcoin investment portfolios that are manged by professional traders

these products were only available to tor network users, but we have opened these products up to everyone via a tor2web extension

check out our website http://nurhgwbdqavwybzo.onion.to if you have any questions post away

cheers Bruce

Cereberus

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Don't suggest betting to newbies. It is not a way to grow your bitcoin.
The odds are stacked against you if you don't know what you are doing.

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