Topic: Methods of growing your Bitcoin? - page 147. (Read 453531 times)

YEP... seems kind of strange, and mostly difficult to believe ... because if you gamble, the odds are stacked against you and more likely than NOT, you are going to lose most, if NOT all, of what BTC holdings you have.

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.

You forgot about 5) working for either fiat or BTC and converting that paid work to BTC.

As far as I am concerned here are the ways you can earn BTC:

1.  Faucet-Low value, but you have no chance of losing faucet BTC you receive, there are sites out there that might not pay out though.

2.  Sig Campaign-  Depending on your rank you can go ahead and earn a set amount per post 

3.  Trading-This is much like gambling, you can earn coins depending on well you trade

4. Gambling-  You can earn coins from gambling, but this is by far the most risky thing to consider

Like I said, I do my trading manually - therefore, I am currently selling BTC as the price goes up, and I am currently buying BTC as the price goes down. 

My system presumes accumulation of BTC and presumes that BTC prices are inevitably going to go up and continue to go up, even though there will be volatility along the way that will allow me to continue to build my BTC stash during those periods of up and down (which seems inevitable in Bitcoinlandia).

I think that part of the reason that my system is hedged for success, so long as BTC prices continue to go up, is because I am only trading a small portion of my total BTC holdings in order that the total value of my BTC holdings will go up faster than I am selling any of it off, so even if the price does NOT come back down, the portfolio is still profitable because I am selling BTC along the way for more than I bought them... and I am ONLY selling those coins that are in the black (rather than some coins that I have that are in the red).   

Therefore, my investment seems to be covered either way, so long as in the long term the prices go up. and if the prices come back down, then I have cash in my BTC investment account that is designated and allocated for reinvestment in case of such eventualities. 

One of the difficulties with getting into a position to be able to implement my particular plan (or some variation of such) is that I have built a sufficient portion of my BTC stash that I am able to trade and the costs of those BTC are sufficiently below my selling prices.  I also have projected into my plan to completely cash out some portions of the holdings in the event that BTC totally fails, then I will have taken some of those profits off of the table  - hopefully getting to the point, some day, as some BTC investors have achieved, that all of my BTC investment is based on profits and to have withdrawn all of the initial investment principle.

how you manage to get the system?? did you create one yourself or did you manage to get it from somewhere? i would like to know how to get bots and would like to test it out for the 'sake' of science. lol.

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.

Don't you think that everyone would be rich when these robots would work the way you were told by advertisers? And wouldn't you think that those who sell these robots would prefer to trade with them and make a fortune instead spending their time with selling and support?

Till now i only found one interesting and working trading bot that trades bitcoins, it's the Honeybadger at tradewave.com. Though his trading cycles are too long for me.

a trading bot also has to be programmed (or set with the proper parameters) in order to NOT fuck things up when trading indicators are acting contrary to expectations (or contrary to profitability). 

I have a really good system working for me, right now (using fairly small amounts of money), yet I am doing it all manually so it is very time intensive and probably is taking too much time.. in terms of its profitability.  Nonetheless, I am expecting that as my profits continue to increase, then my amounts traded are also going to increase (all of this presuming that BTC prices are going up, in the long run)

You seem a bit self absorbed.....

There are likely better ways to contribute to this conversation while making your points more broadly relevant to the topic of the thread, no?

If that really helps then many traders will just have to sit up while performing proper strategy and planning and never got stress watching the price chart. IMO trading bots are not that 100% guarantee that can give you winnings. But somehow it helps many traders but not that always getting a profit. Don't just look at the positive feedbacks. Give it a try and test it to yourself if you have found some time to explore about that.

I like to give you one example of it but I don't want to suggest about it.

I also never found a trading bot, but I can not use it and I am also afraid of the bot is a scammer. because I know usually trade bot always resale

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.

Just use an automatic trading bot and you'll be all set to making your Bitcoins grow. With a proper strategy and planning, you will earn a decent amount of coins by doing this. I think this would definitely work, but I'm afraid I don't know how to use such bot. If there's a tutorial on how to set up trading bots, I will surely love to know. 

Profits? I know enough people that were told the same, they invested when bitcoin was quite higher and now they lost a lot of their investment.

I think it really is not a good idea to suggest bitcoin as a form to earn money from that investment. It is simply way too volatile.

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 just by holding coins surely one can make some money over the time for that one should invest lot of money to get good profits because now day bitcoin prices are not very volatile and prices not moving much faster like last time so if you just hold then you can't make more money. So I suggest learn trading how to take advantage of these price movements and do not go for day trading at any cost.

Definitely one of the best method of growing your beloved satoshis. But majority of people nowadays needs money so holding all coins is not really advisable to them. To grow it in another way one must learn to do other btc earning method. How? Lots of threads here about that.

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.

I think being an early adopter is in no way a good guess about him or her having a lot of bitcoins. The thing is that the community was really very noobish when it comes to investments and scams. Practically every early adopter lost a lot of coins to scams, bad investments or inept businessmens. And if that did not work then they built their own projects that turned out to be not that successfull.

That is because many early adopters left or became quite calm.

It's a pain that the bitcoin community is so very dangerous. At least a lot was learned and it's possible to try to stop scams from happening. That's, by the way, why i do the escrow service.