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Topic: Methods of growing your Bitcoin? - page 203. (Read 453559 times)

hero member
Activity: 812
Merit: 500
July 21, 2015, 03:40:43 PM
A good opportunity is also buying some new coins that are in the market, but is a high risk if their price fall down after their get popular
Every new coin is not good opportunity I done this mistake and pay heavy price before investment we need to check some stats about them
legendary
Activity: 1470
Merit: 1002
July 21, 2015, 03:19:25 PM
A good opportunity is also buying some new coins that are in the market, but is a high risk if their price fall down after their get popular
hero member
Activity: 631
Merit: 500
July 21, 2015, 02:05:15 PM
Exactly and gambling is not a good way to earn bitcoins. Gambling should be limited for a fun like once in a year, If it becomes addiction than surely we are gonna loose all our bitcoins at the end of the day.
There is always pros and cons about whether gambling could make us rich or not. I like sport gambling and do it in every week, but just consider it as a match sweetener, not a method to growing our money  Wink

Well , you can say exactly the same about trading too. The price is heavily manipulated by the elite whales, we are just peasants trying to profit from the waves those whales create. We can't do much about it. We have to go with the flow and try to profit along the way.
There is a strategy to get profit in trading, you can seek it in https://bitcointalk.org/index.php?board=8.0 . In gambling, there is no potent strategy imo, it just depends on luck.

Yes there is no as such strategy in gambling. The only strategy is that you need to gamble on the favorite team. That is the only thing we can do. But sometimes it might happen that match is fixed and non favorite team wins So basically it is totally depended on the luck factor which is not in our hands.
legendary
Activity: 1288
Merit: 1043
:^)
July 21, 2015, 07:15:48 AM
I'm thinking of investing on a dice site. which dice site do you guys think is the best for investment? I don't want to invest on just-dice because I'll need to change my BTC to Clam in order to invest there..

theres a fairly simple and easy way to convert your bitcoin into CLAMs actually, check out shapeshift.io, it lets you just send your coin there and theyll send the CLAMs of equivalent value to an address you specify. ive used it several times so far, and have never encountered a problem.
legendary
Activity: 1946
Merit: 1137
July 21, 2015, 07:13:54 AM
I'm thinking of investing on a dice site. which dice site do you guys think is the best for investment? I don't want to invest on just-dice because I'll need to change my BTC to Clam in order to invest there..

i think the newest one that was accepting investments was tothemoon but i don't know how much you can trust them with your bitcoin.

i think the best investment in dice sites is when you start a new one. but that is not going to be easy because it needs a huge bankroll in the first place and also good programming team that can handle the problems and requests that the community requires.
hero member
Activity: 812
Merit: 500
July 21, 2015, 06:35:16 AM
I'm thinking of investing on a dice site. which dice site do you guys think is the best for investment? I don't want to invest on just-dice because I'll need to change my BTC to Clam in order to invest there..
If you want to invest in any dice game then first of all check dice sites which taking investment then check all details and use your own mind never invest in any place on others recommendation
hero member
Activity: 546
Merit: 501
July 21, 2015, 03:20:31 AM
Hi! Cheesy

I recently created a thread asking for the best methods of gaining free Bitcoin.

Most popular results:
  • Signature Campaign (High Paying)
  • Faucets (Low Paying)
  • Trading (Variable)

Now, I'm asking a different question.
What are your best methods of growing Bitcoin.

Only refer to safe investments!

Thanks

There are lending sites where you can invest in "pools" that offer a steady return on your bitcoin.  You still have the worry that these coins can be hacked or the sites can go bankrupt or run away with your money.  It's not a risk free return, but it's a decent way to get a reasonable return without much effort and some of these companies are well established and operate under reputable listing authorities.
legendary
Activity: 2660
Merit: 1141
July 21, 2015, 12:19:58 AM
sadly when someone has a good way of investment and earning money, they are not sharing!
There are many users in this forum who have shared their strategy in gambling and trading, but sometimes their strategy can't work for us.

I'm thinking of investing on a dice site. which dice site do you guys think is the best for investment? I don't want to invest on just-dice because I'll need to change my BTC to Clam in order to invest there..
I think you need to try the dice sites yourself with some btc you have, instead of following advise from other person. Or maybe you can go to gambling section, and look every dice thread, so you can know the potential of the site.
full member
Activity: 120
Merit: 100
HYPOCRISY!
July 20, 2015, 06:26:07 PM
I'm thinking of investing on a dice site. which dice site do you guys think is the best for investment? I don't want to invest on just-dice because I'll need to change my BTC to Clam in order to invest there..
sr. member
Activity: 344
Merit: 250
July 20, 2015, 06:12:31 PM
You can always invest. Check out my thread with payment screenshots

^ anyone have tried that site? I just checked it and it looks way too good to be true. 2% profit daily is just..

in my experience whenever something look too good to be true and on top of that is paying high percentages of profit , it is too risky to consider it as an investment.

but in the end it is totally up to you. maybe it is just me , but i always prefer lower profit but with confidence and a little bit of hard work and not an easy profit with high risk and no work.
Well they are still paying me, so im all good for now. Sure at some point they will "run away" with the money and i just hope its not any time soon Smiley  A lot of people are trusting them so far, probably cos they have big payout ratio and $30mil+ in budget.
legendary
Activity: 1470
Merit: 1002
July 20, 2015, 04:38:24 PM
People who are thinking that gambling is a good method to grow you money then this is a fail. If you win the owner of the site will close it lol. we know who wins - the owner of the site

Yes thinking this as a method is not recommended "but" Im totally disagree to your statement that the site owner will win if you win then they close it. It depends in type of gamble. SPORTS BETTING is the best gambling type for me because it is totally clean and no one nor site owner can control the result here (except for game fixers lol). I don't do slots , roulettes , poker etc. because they are all system made . Plus of course do the sports betting to the popular gambling site . There's a lot of them. I win several times in a sports betting and if I lose It's ok to me. I don't do big bets .

I agree that any site owner can falsify something in casino etc., but also in sports, especially in football IMHO, there are many corrupt leaders who falsify results by selling matches  Angry Angry

I see you advertise fast bets, it's one kind of gambling if i am right, and most of the gambling site the profit goes to the boss
hero member
Activity: 840
Merit: 1000
July 20, 2015, 01:17:32 PM
sadly when someone has a good way of investment and earning money, they are not sharing!
but i share my experience with you, the ways i earned BTC
faucets: small amount for short time only
sig. camp.: small amount but much better than faucet until now
POKER: click my signature to play, this site has daily bonus per day, just get it and make btc. Grin
legendary
Activity: 2660
Merit: 1141
July 20, 2015, 01:03:43 PM
Loaning people your money is a good way to lose it all quickly and all for what? A tiny piece of interest? Most people will likely just take out loans to pay them back until they build up enough confidence to take a big chunk and run off with it.

not if you have a policy of "never lending someone big amount of bitcoin without a valid collateral". you can sell the collateral if they default, and limiting the loan with no collateral to 20% of their account's worth will reduce your risk.

The best way is never trust anyone if you really willing to lend your money. Sometime there is someone that want to borrow your money in little amount, and in promised time he pay you with the interest. He borrow your money repeatedly and pay back on time. Then someday he borrow high amount money from you without collateral because you believe he will pay back on time like usual. But, he never come back and run with your money. This situation often happens.
copper member
Activity: 924
Merit: 1007
hee-ho.
July 20, 2015, 10:06:10 AM
Don't think it works like that on btcjam does it?

no. btjam only need your ID and other information. that's why the risk are huge.
https://bitcointalk.org/index.php?board=65.0 <- it works like that here.

[1] Well the ones who scam will try avoid using colleteral. It gets to a point where the person will build up enough previous trades that they try persuade the lender that it'll be ok without any because they've had no problems so far. The borrower might get greedy by the proposed interest and lets his guard down. [2] It's really pointless taking out loans to me for any other reason really so I'd be suspicious of anyone who does so especially when they have the same amount in collateral. Why would you bother lending money if you already have it? Doesn't make sense.

you sure it's lending and not borrowing? if it's the later then the answer is they don't want to sell their collateral because of various reasons. for example they won't sell their Full Member account for 0.1BTC because they know they can get more on the long run. also if the lender got "persuaded" and ended up getting burned it's their fault.
sr. member
Activity: 315
Merit: 250
July 20, 2015, 09:45:29 AM
Loaning people your money is a good way to lose it all quickly and all for what? A tiny piece of interest? Most people will likely just take out loans to pay them back until they build up enough confidence to take a big chunk and run off with it.

not if you have a policy of "never lending someone big amount of bitcoin without a valid collateral". you can sell the collateral if they default, and limiting the loan with no collateral to 20% of their account's worth will reduce your risk.

Well the ones who scam will try avoid using colleteral. It gets to a point where the person will build up enough previous trades that they try persuade the lender that it'll be ok without any because they've had no problems so far. The borrower might get greedy by the proposed interest and lets his guard down. It's really pointless taking out loans to me for any other reason really so I'd be suspicious of anyone who does so especially when they have the same amount in collateral. Why would you bother lending money if you already have it? Doesn't make sense.
newbie
Activity: 22
Merit: 0
July 20, 2015, 09:42:50 AM
Loaning people your money is a good way to lose it all quickly and all for what? A tiny piece of interest? Most people will likely just take out loans to pay them back until they build up enough confidence to take a big chunk and run off with it.

not if you have a policy of "never lending someone big amount of bitcoin without a valid collateral". you can sell the collateral if they default, and limiting the loan with no collateral to 20% of their account's worth will reduce your risk.

Don't think it works like that on btcjam does it?
copper member
Activity: 924
Merit: 1007
hee-ho.
July 20, 2015, 09:12:37 AM
Loaning people your money is a good way to lose it all quickly and all for what? A tiny piece of interest? Most people will likely just take out loans to pay them back until they build up enough confidence to take a big chunk and run off with it.

not if you have a policy of "never lending someone big amount of bitcoin without a valid collateral". you can sell the collateral if they default, and limiting the loan with no collateral to 20% of their account's worth will reduce your risk.
M8
newbie
Activity: 57
Merit: 0
July 20, 2015, 08:14:52 AM

lending your BTC to gaming sites you are at risk of losing your entire capital.  also for the returns you are at the mercy of the site operator.

BTCJAM allows you to lend to many different borrowers under conditions and rates that you set.  So you avoid putting all your eggs in one basket.  You may lose a bit of capital on a bad deal, but you can minimize risks by lending small amounts across many lenders, and do your due diligence.
The downside of BTCJAM is that it just seems like a lot of work.

Honestly BTCJAM is not ideal, but there is nothing better just yet.  I think there is a huge biz opportunity to fill this market gap to provide reasonable returns on BTC investments (while protecting capital).

I would love to use my BTC to give loans, but whats the point when the guy getting a loan can default and nothing will happen to him? People will keep getting loans and defaulting and disappearing, now thats how you double your stack.

Loaning people your money is a good way to lose it all quickly and all for what? A tiny piece of interest? Most people will likely just take out loans to pay them back until they build up enough confidence to take a big chunk and run off with it.
legendary
Activity: 3248
Merit: 1070
July 20, 2015, 06:04:48 AM

lending your BTC to gaming sites you are at risk of losing your entire capital.  also for the returns you are at the mercy of the site operator.

BTCJAM allows you to lend to many different borrowers under conditions and rates that you set.  So you avoid putting all your eggs in one basket.  You may lose a bit of capital on a bad deal, but you can minimize risks by lending small amounts across many lenders, and do your due diligence.
The downside of BTCJAM is that it just seems like a lot of work.

Honestly BTCJAM is not ideal, but there is nothing better just yet.  I think there is a huge biz opportunity to fill this market gap to provide reasonable returns on BTC investments (while protecting capital).

I would love to use my BTC to give loans, but whats the point when the guy getting a loan can default and nothing will happen to him? People will keep getting loans and defaulting and disappearing, now thats how you double your stack.

that's why you ask for collateral, otherwise you will not give to him nothing, better to do it here at least collaterals are more easy to provide and to accept, because he can simply offer you his account, which is perfect

Honestly BTCJAM is not ideal, but there is nothing better just yet.  I think there is a huge biz opportunity to fill this market gap to provide reasonable returns on BTC investments (while protecting capital).

there is check for the loan section on bitcointalk, you can find good deal with more trusted users and better collateral, than simply trusting a third party website or random A++ user on btcjam
legendary
Activity: 2660
Merit: 1141
July 20, 2015, 05:59:24 AM
For the average person the best way is probably just getting his forum account to hero member+ and getting payed from sig campaigns.
We need much time to get higher rank with our activity, that just increase 14 activities for every two weeks. And atleast we need the full member rank or above to get good payment rate. But its the safest way imo, no risk and no scam.

not always, if the campaign is not escrowed and the person running the campaign decides to disappear, then people enrolled in the campaign would have been scammed of the payment they were due for their week/month/day in the signature campaign.

You can notice who managing the campaign is or how long the campaign has been run. Its easier to avoid the 'risk' than gambling, altcoin trading, or any investment imo.
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