Methods of growing your Bitcoin? - page 174.

pereira4

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Quote from: maokoto on September 11, 2015, 10:04:11 PM

To really grow Bitcoins, you need to take some risk. I do not think there is a way around that.

We can argue that holding has a better risk/benefit ratio, but the growing rate of holding is 0. Buying a certain amount each month (for example) and holding ... is not really growing, is just buying more, as I see it.

But if by growing is meant "using your Bitcoins to get more bitcoins" it will always mean some risk.

This is true, but even if you use some risk on Bitcoin, you can lose as well, sometimes the best is dollar cost average (buy monthly and never, never slack on buying useless shit, always save the amount for Bitcoin).
I dont trust any alt now to gamble with my Bitcoins to make more Bitcoins.

roadbits

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In the current trend bitcoin is not growing fast as expected so just buy and keep for appreciation is not giving profit so I prefer trading than investing it. trading on exchanges is like acting like a broker who gets profit in every environment. other than this people nowadays are finding new ways to grow their bitcoins like lending, selling accounts etc..

xhoneyael

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Quote from: confirmation120 on September 13, 2015, 11:07:43 PM

Quote from: centauribit on September 13, 2015, 10:14:39 PM

trading bitcoin x altcoin till now it is nice experience for me to get some bitcoin through this way. i'm looking to others ways to but is really difficult

Trading is really a good way to grow your bitcoin but its just profitable to experienced traders. I've tried trading before but end up losing some bitcoin. Maybe I need more research and tutorials in trading Cheesy

i agree that trading is give much profit but you need calculate it in the coin supply..
and also it much better to take a risk in new coin and you need to hold it for a month or year if your want to gain in that coin..

yanka50

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The best way I know is to gamble, but you must know your math and not get greedy.

coinplus

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I find many useful ways of growing bitcoins as well as getting new bitcoins. Selling in Local bitcoin for higher price must be feasible idea to grow our currently holding bitcoins. Because I have noted Local bitcoin rates are always higher than current market price.

Tstar

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buy some new ,cheap altcoins but you need to do some research on the Developers ...just dont go blindly ..
Buy the POS one's ,after some time they will gradually increase by staking ..and you are lucky if the value also increases.

Ceizer54

full member

Activity: 196

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for me the best way of growing bitcoin is sports betting..I never invest in hyip or ponzy because they can run away with your coins and most of them are scam..On the other hand,if you have some serious knowledge of Sports you can bet on your favorite team and Win

killerjoegreece

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I use exchanges to trade it back and forth to other coins and make it bigger in quantity at the end.

unusualfacts30

hero member

Activity: 1540

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- Faucets (sign up for all of them and use them on daily basis)
- Gambling (risky but if you get lucky it's worth it)
- Invest in new altcoins (that looks promising to you and not just pnd)
- Day Trading (can be done but it's time consuming)
- Sell them on localbitcoins for higher price then buy again

good luck.

dollarneed

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Activity: 742

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Quote from: confirmation120 on September 13, 2015, 11:07:43 PM

Quote from: centauribit on September 13, 2015, 10:14:39 PM

trading bitcoin x altcoin till now it is nice experience for me to get some bitcoin through this way. i'm looking to others ways to but is really difficult

Trading is really a good way to grow your bitcoin but its just profitable to experienced traders. I've tried trading before but end up losing some bitcoin. Maybe I need more research and tutorials in trading Cheesy

i agree trading is a better way to grow your bitcoin than you invested on ponzi or scam site
but you have to create a good strategy for collect the profit from trading
just learning and find your best strategy

confirmation120

full member

Activity: 224

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Quote from: centauribit on September 13, 2015, 10:14:39 PM

trading bitcoin x altcoin till now it is nice experience for me to get some bitcoin through this way. i'm looking to others ways to but is really difficult

Trading is really a good way to grow your bitcoin but its just profitable to experienced traders. I've tried trading before but end up losing some bitcoin. Maybe I need more research and tutorials in trading Cheesy

centauribit

full member

Activity: 197

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trading bitcoin x altcoin till now it is nice experience for me to get some bitcoin through this way. i'm looking to others ways to but is really difficult

Dotakels

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Quote from: smith coins on September 11, 2015, 05:21:00 PM

Quote from: mallard on September 11, 2015, 11:12:26 AM

Quote from: Dotakels on September 11, 2015, 08:17:33 AM

Quote from: Hugroll on September 11, 2015, 07:47:14 AM

i recommend just saving up every bitcoin you earn and just forget about it. in a couple of months, the stash gets pretty big

if you earn 0.045 per week, and you keep it half of a year or a year you coins will be 26.0+ btc

Where did you get that from?
There's ~52 weeks in a year

0.045 BTC * 52 weeks is 2.34 BTC , which is well under 26 BTC a year

I think he missed the full stop putting in a wrong decimal. If you are so active try buying a higher rank account.

Sorry forgot to put a decimal in my calculations Cheesy

typographical error

Yeah thats good idea because if you are so very active in this forum buy high rank and don't worry if its so expensive because you can cover it by participating in signature campaigns .

maokoto

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Activity: 770

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

To really grow Bitcoins, you need to take some risk. I do not think there is a way around that.

We can argue that holding has a better risk/benefit ratio, but the growing rate of holding is 0. Buying a certain amount each month (for example) and holding ... is not really growing, is just buying more, as I see it.

But if by growing is meant "using your Bitcoins to get more bitcoins" it will always mean some risk.

smith coins

hero member

Activity: 504

Merit: 500

Quote from: mallard on September 11, 2015, 11:12:26 AM

Quote from: Dotakels on September 11, 2015, 08:17:33 AM

Quote from: Hugroll on September 11, 2015, 07:47:14 AM

i recommend just saving up every bitcoin you earn and just forget about it. in a couple of months, the stash gets pretty big

if you earn 0.045 per week, and you keep it half of a year or a year you coins will be 26.0+ btc

Where did you get that from?
There's ~52 weeks in a year

0.045 BTC * 52 weeks is 2.34 BTC , which is well under 26 BTC a year

I think he missed the full stop putting in a wrong decimal. If you are so active try buying a higher rank account.

winspiral

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Activity: 1778

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Free WSPU2 Token or real dollars

Quote from: tommorisonwebdesign on September 11, 2015, 01:52:43 PM

Let me clarify what I meant in my last post. What I meant to say is, if you want to "grow" your Bitcoin (assuming you want to increase the number of Bitcoin you earn, spend/trade 80% of your coins and put 20% to sleep. I am sill a newbie in Bitcoin (following the charts only for a year, have not known much about trends) but what I meant to say is saving is the best way to achieve getting what you want in life.

The discussion is not about saving or not saving...
the discussion is about let or not let sleeping bitcoin.
You can exchange your bitcoin for dollars and then you let sleep the dollars.
Any way you can only see "after" what was the best who was to do.
After all is easy...the difficulty is to do before.

tommorisonwebdesign

sr. member

Activity: 448

Merit: 251

Let me clarify what I meant in my last post. What I meant to say is, if you want to "grow" your Bitcoin (assuming you want to increase the number of Bitcoin you earn, spend/trade 80% of your coins and put 20% to sleep. I am sill a newbie in Bitcoin (following the charts only for a year, have not known much about trends) but what I meant to say is saving is the best way to achieve getting what you want in life.

agustina2

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Quote from: tommorisonwebdesign on September 11, 2015, 09:21:02 AM

Probably the best way to grow your Bitcoins is to save them and wait for about a year. By then the price will probably have gone up by then and you will have a substantial amount of money.

Enjoy your bitcoin mate. Don't let it rest for a whole year. We don't know what will be the bitcoin price for a year so much better to use and just hold it for a short time.

wearepoor

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Activity: 784

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Quote from: tommorisonwebdesign on September 11, 2015, 09:21:02 AM

Probably the best way to grow your Bitcoins is to save them and wait for about a year. By then the price will probably have gone up by then and you will have a substantial amount of money.

But what if the bitcoin prices are fallen after a year, this is little risky idea. I would suggest to go for other ways to earn more bitcoins from mining, trading, online work wherein payment received in bitcoins - visiting websites, viewing advertisements, signature campaign and you can buy bitcoins also. So these are some safest way to earn and grow your bitcoins. Don't think about gambling to earn the bitcoins, you may get some coins in the beginning but at the end you will loose your money.

mallard

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Quote from: Dotakels on September 11, 2015, 08:17:33 AM

Quote from: Hugroll on September 11, 2015, 07:47:14 AM

i recommend just saving up every bitcoin you earn and just forget about it. in a couple of months, the stash gets pretty big

if you earn 0.045 per week, and you keep it half of a year or a year you coins will be 26.0+ btc

Where did you get that from?
There's ~52 weeks in a year

0.045 BTC * 52 weeks is 2.34 BTC , which is well under 26 BTC a year

Topic: Methods of growing your Bitcoin? - page 174. (Read 453600 times)