Topic: Methods of growing your Bitcoin? - page 181. (Read 453532 times)
the best method of growing your bitcoins is some kind of investment most probably though you need to avoid hyips
I can't think of any ways to grow my bitcoin other than investing on hyips , its not recommended but that is the only way i know 
True, but what we have as other solution to make bitcoin as easy as possible ?
I grow bitcoin slowly but surely
I buy bitcoins while it's still selling at low price and sell to those who needs it fast, somethimes they dont care about the interest.
I buy bitcoins while it's still selling at low price and sell to those who needs it fast, somethimes they dont care about the interest.
I stopped with faucets. The most dry up very quickly or don't pay.
And the most important thing, they pay such little.
And the most important thing, they pay such little.
Yeah but IMO, faucet taught me how did I earn some satoshis when I'm new on bitcoin.
Once I'm understand how to earn some bits, I try to buy some more and keep it as my investation for a few years because I can see bitcoin wil more valuable on the future
i can make money from gambling
you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins
Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.
don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea
If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.
I am not interested in growing my bitcoin through gambling,
But for curiosity what role has this house edge that you have mentioned?
How does it affect in your earnings in this case for long term
It means that out of 100 bets with 50% chance you will lose 49.5 bets and lose 50.5 bets when house edge is one percent.
At 2x payout you will have a chance of 49.5%, which is a house edge of 1%, not 0.5%.
I'm no pro, so someone correct me when i'm wrong.
Well ok, i dont know much in the gamling/betting terminology but seems that some profit goes to the website owner.
I started with faucet and then began to buy little little and selling them with small profit.At one point I thought gambling is good way to make my Bitcoins grow faster and I ended with loss.Now trading locally is the best option which I use to grow my Bitcoins.
As you can see it has been grown fast at the beginning and end in loosing fast.
Good that you are out of that "dirty game"
I started with faucet and then began to buy little little and selling them with small profit.At one point I thought gambling is good way to make my Bitcoins grow faster and I ended with loss.Now trading locally is the best option which I use to grow my Bitcoins.
i can make money from gambling
you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins
Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.
don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea
If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.
I am not interested in growing my bitcoin through gambling,
But for curiosity what role has this house edge that you have mentioned?
How does it affect in your earnings in this case for long term
It means that out of 100 bets with 50% chance you will lose 49.5 bets and lose 50.5 bets when house edge is one percent.
At 2x payout you will have a chance of 49.5%, which is a house edge of 1%, not 0.5%.
I'm no pro, so someone correct me when i'm wrong.
i can make money from gambling
Mathematics say no. And whem you are at it long ago you will learn to agree. You definitely can't use gambling as a form of raising your stash because the chances are against you. Except you play a game where you can lower the risk up to the point where the chances are in your favor.
Probably the best method to grow your Bitcoins would be to start investing it in startups, crowdfunding, shares, etc. I've invested mine into Banxshares and I've received good profits from their monthly dividends (every 28 of each month) Just invest what you can't afford to lose
I think you were not very long on the forum or in the bitcoin community. Investing in bitcoin startups or securities is very risky. A lot of people lost very much coins. Up to the point that there exists practically no investment that did not turn out to be a scam or was run by inept businessmans.
And i think you should not feel too safe. Until you did not get your initial investment back, you are in the negatives. In bitcoin the better investment is to not invest. Since when you invest you give all your coins away and it's open if you get them back.
Your absolutely right there, mate. However, I only invest the very minimum amount just to be safe. In any case it turns out to be a scam, I could be relieved knowing that I only lost a very little amount of money instead of having spent a huge amount.
Probably the best method to grow your Bitcoins would be to start investing it in startups, crowdfunding, shares, etc. I've invested mine into Banxshares and I've received good profits from their monthly dividends (every 28 of each month) Just invest what you can't afford to lose
I think you were not very long on the forum or in the bitcoin community. Investing in bitcoin startups or securities is very risky. A lot of people lost very much coins. Up to the point that there exists practically no investment that did not turn out to be a scam or was run by inept businessmans.
And i think you should not feel too safe. Until you did not get your initial investment back, you are in the negatives. In bitcoin the better investment is to not invest. Since when you invest you give all your coins away and it's open if you get them back.
I can't think of any ways to grow my bitcoin other than investing on hyips , its not recommended but that is the only way i know
when I used to play HYIP investments, but now the demand is very little that I did not dare to play again. I better play gambling, rather than lost in HYIP
I can't think of any ways to grow my bitcoin other than investing on hyips , its not recommended but that is the only way i know
I stopped with faucets. The most dry up very quickly or don't pay.
And the most important thing, they pay such little.
And the most important thing, they pay such little.
i can make money from gambling
you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins
Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.
don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea
If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.
I am not interested in growing my bitcoin through gambling,
But for curiosity what role has this house edge that you have mentioned?
How does it affect in your earnings in this case for long term
i can make money from gambling
you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins
Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.
don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea
If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.
What is that IMO? Sorry for asking
This discussion about Methods of growing your Bitcoin?Ah when im seeing that online games comes first to my mind, and i dont know why.
you can growing your char by buying armor with bitcoin LOL
my method is to grind some faucets and do some sig campaign
also to sell some service in service section
also to sell some service in service section
how many hours do you spend in a day to earn from faucets?
can you give a ballpark figure on how much do you get from faucets?
I'm doing faucets too, but not really big rewards from them that I consider a good help to grow my coins, unless i'm using low paying faucets
If you really want to do a fauceting , make a list of only high paying faucets. Ignore faucets that give below 500 satoshis per hour. There are many of them. After listing you can do your own faucet rotator to minimize time. From here you can spread your rotator link with the title " Earn up to 300k satoshis / day with this faucet" or something convincing like that to get some referrals. Much better to put it in your own local forum that have good traffic or by making a thread in Micro Earnings section.
my method is to grind some faucets and do some sig campaign
also to sell some service in service section
also to sell some service in service section
how many hours do you spend in a day to earn from faucets?
can you give a ballpark figure on how much do you get from faucets?
I'm doing faucets too, but not really big rewards from them that I consider a good help to grow my coins, unless i'm using low paying faucets
if youi want to do faucet
you must have more refferal to get high reward
my method is to grind some faucets and do some sig campaign
also to sell some service in service section
also to sell some service in service section
how many hours do you spend in a day to earn from faucets?
can you give a ballpark figure on how much do you get from faucets?
I'm doing faucets too, but not really big rewards from them that I consider a good help to grow my coins, unless i'm using low paying faucets
my method is to grind some faucets and do some sig campaign
also to sell some service in service section
i do signcampaign too also to sell some service in service section
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