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Topic: Methods of growing your Bitcoin? - page 207. (Read 453532 times)

hero member
Activity: 533
Merit: 500
July 15, 2015, 12:29:41 PM
If you want lower risk way (yes there is always risk) for stacking bitcoins, go with sports betting and bet money line on the heavy favorites. Most of the time you will win, and eventually you will end up with more bitcoins than you had from the start. I would not include baseball because it is almost still 50/50 chances for those games unless you are familar with the sport. Always a friendly reminder, don't gamble more than you can afford to lose.

Donations accepted for pro advice  Roll Eyes

1Nku4dT6jTX56YCMBNcARpgQjBQjzCtH88

Exactly. You cannot win everytime but yes you can afford to take a risk on the game that you really follow as you are aware about the statistics of the game and the players and I believe it is the quickest way to grow your bitcoins but yes risk factor would into hand in hand when it comes to betting.
legendary
Activity: 3472
Merit: 10611
July 15, 2015, 02:14:24 AM
i am still sticking with altcoin trading for growing my bitcoin and some small gambling on the side, but i have kept it very small because of the price is going up and i don't wanna regret any big lose that i might have due to gambling.

I don't know if any others are doing this, but I guess selling BTC when it is up in terms of $$$ then buy btc again when $$$ - BTC is low. In that way you can pretty much gain something in the form of BTC, but I don't know how feasible this can be because first and foremost you couldn't predict the markets exactly.

What are you talking about? Like when the price of Bitcoin is low and selling when the price of Bitcoin is high? Or... ?

he is basically just saying "buy low, sell high" in reverse "sell high buy low" in order to end up having more bitcoin in the end.

Is bitcoin had POS would be so great, just hold bitcoins on your wallet and wait for interest payouts, everyone would be loving it! not miners tho lmao.
And no tx failed confirmation like the last two weeks have had.
I lost so many bitcoins because of that.

Out of interest, how did you lose Bitcoins because of these spammers? Did you try to trade the bitcoin price? Thoug you could have used a fee of 0.0002 Bitcoin and it would have gone through. Though i had a transaction stuck too, simply because i did not know that these f... spammers started another run.

since he is saying failed confirmation, i think he means the recent issue with SPV mining that caused a lot of double spend.
legendary
Activity: 1470
Merit: 1002
July 14, 2015, 07:23:40 PM
I've spent a lot of time trying to come up with the best ways to earn Bitcoin, and after trying a lot of methods, it became apparent that the most efficient way to earn is by providing a skill as a service. For me this skill was writing, and my profits through writing is much more than any amount I have made from trading, posting, faucets, giveaways, and gambling combined.

This.  Some skills you can't apply on the internet so you just need to work, earn, and save.  Even if you don't have a skill like writing or programming there are still tasks that need to be done that people offer small amounts of coins (think <2USD).  These do not take long so you can do 2 or 3 in a day in an hour and earn 5 USD worth of coin or so.  I don't find the time worth personally it but everyone has to start somewhere.  Smiley

Everyone can start wherever he wants but having skills is good, not everyone has certain skills.
Good job mate, keep it up to the next level Smiley
legendary
Activity: 2676
Merit: 2203
BitcoinPenny.com
July 14, 2015, 07:09:34 PM
I've spent a lot of time trying to come up with the best ways to earn Bitcoin, and after trying a lot of methods, it became apparent that the most efficient way to earn is by providing a skill as a service. For me this skill was writing, and my profits through writing is much more than any amount I have made from trading, posting, faucets, giveaways, and gambling combined.

Great advice. Smiley

Me
legendary
Activity: 1470
Merit: 1002
July 14, 2015, 06:38:38 PM
One of the best alternative is buying altcoins and then trading them, sell and profit in bitcoin.
hero member
Activity: 812
Merit: 500
July 14, 2015, 03:10:41 PM
If you want lower risk way (yes there is always risk) for stacking bitcoins, go with sports betting and bet money line on the heavy favorites. Most of the time you will win, and eventually you will end up with more bitcoins than you had from the start. I would not include baseball because it is almost still 50/50 chances for those games unless you are familar with the sport. Always a friendly reminder, don't gamble more than you can afford to lose.

Donations accepted for pro advice  Roll Eyes

1Nku4dT6jTX56YCMBNcARpgQjBQjzCtH88
Playing gambling with favorites or hot favorites is not good method of growing bitcoin because many favorites and hot favorites down badly in last few days just good and positive can grow bitcoin in trading
sr. member
Activity: 490
Merit: 255
July 14, 2015, 08:17:16 AM
Is bitcoin had POS would be so great, just hold bitcoins on your wallet and wait for interest payouts, everyone would be loving it! not miners tho lmao.
And no tx failed confirmation like the last two weeks have had.
I lost so many bitcoins because of that.

Out of interest, how did you lose Bitcoins because of these spammers? Did you try to trade the bitcoin price? Thoug you could have used a fee of 0.0002 Bitcoin and it would have gone through. Though i had a transaction stuck too, simply because i did not know that these f... spammers started another run.

Maybe someone send BTC to him and it wasn't confirmed so it was returned into the senders wallet.. you have to wait for at least 1 confirmation if you are doing deals!
So how he/she confirmed it? if i trade then it required to confirm and if forgot to confirm it and i already trade my stuff and the btc returned to the its owner? how i gonna take it again?
member
Activity: 69
Merit: 10
July 13, 2015, 06:47:16 PM
If you want lower risk way (yes there is always risk) for stacking bitcoins, go with sports betting and bet money line on the heavy favorites. Most of the time you will win, and eventually you will end up with more bitcoins than you had from the start. I would not include baseball because it is almost still 50/50 chances for those games unless you are familar with the sport. Always a friendly reminder, don't gamble more than you can afford to lose.

Donations accepted for pro advice  Roll Eyes

1Nku4dT6jTX56YCMBNcARpgQjBQjzCtH88
full member
Activity: 154
Merit: 100
That Darn Cat
July 13, 2015, 06:29:36 PM
I've spent a lot of time trying to come up with the best ways to earn Bitcoin, and after trying a lot of methods, it became apparent that the most efficient way to earn is by providing a skill as a service. For me this skill was writing, and my profits through writing is much more than any amount I have made from trading, posting, faucets, giveaways, and gambling combined.

This.  Some skills you can't apply on the internet so you just need to work, earn, and save.  Even if you don't have a skill like writing or programming there are still tasks that need to be done that people offer small amounts of coins (think <2USD).  These do not take long so you can do 2 or 3 in a day in an hour and earn 5 USD worth of coin or so.  I don't find the time worth personally it but everyone has to start somewhere.  Smiley
legendary
Activity: 1526
Merit: 1034
July 13, 2015, 06:09:32 PM
I've spent a lot of time trying to come up with the best ways to earn Bitcoin, and after trying a lot of methods, it became apparent that the most efficient way to earn is by providing a skill as a service. For me this skill was writing, and my profits through writing is much more than any amount I have made from trading, posting, faucets, giveaways, and gambling combined.
full member
Activity: 210
Merit: 100
July 13, 2015, 06:03:19 PM
Is bitcoin had POS would be so great, just hold bitcoins on your wallet and wait for interest payouts, everyone would be loving it! not miners tho lmao.
And no tx failed confirmation like the last two weeks have had.
I lost so many bitcoins because of that.

Out of interest, how did you lose Bitcoins because of these spammers? Did you try to trade the bitcoin price? Thoug you could have used a fee of 0.0002 Bitcoin and it would have gone through. Though i had a transaction stuck too, simply because i did not know that these f... spammers started another run.

Maybe someone send BTC to him and it wasn't confirmed so it was returned into the senders wallet.. you have to wait for at least 1 confirmation if you are doing deals!
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
July 13, 2015, 05:56:54 PM
Is bitcoin had POS would be so great, just hold bitcoins on your wallet and wait for interest payouts, everyone would be loving it! not miners tho lmao.
And no tx failed confirmation like the last two weeks have had.
I lost so many bitcoins because of that.

Out of interest, how did you lose Bitcoins because of these spammers? Did you try to trade the bitcoin price? Thoug you could have used a fee of 0.0002 Bitcoin and it would have gone through. Though i had a transaction stuck too, simply because i did not know that these f... spammers started another run.
full member
Activity: 210
Merit: 100
July 13, 2015, 05:10:50 PM
I don't know if any others are doing this, but I guess selling BTC when it is up in terms of $$$ then buy btc again when $$$ - BTC is low. In that way you can pretty much gain something in the form of BTC, but I don't know how feasible this can be because first and foremost you couldn't predict the markets exactly.

What are you talking about? Like when the price of Bitcoin is low and selling when the price of Bitcoin is high? Or... ?
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 13, 2015, 04:41:14 PM
I don't know if any others are doing this, but I guess selling BTC when it is up in terms of $$$ then buy btc again when $$$ - BTC is low. In that way you can pretty much gain something in the form of BTC, but I don't know how feasible this can be because first and foremost you couldn't predict the markets exactly.
full member
Activity: 210
Merit: 100
July 13, 2015, 04:29:34 PM
You can use signature campaigns, faucets, trading with borrowed money.. then later try to gamble small amounts. There are many and many ways to make Bitcoin! Smiley
legendary
Activity: 1078
Merit: 1014
July 13, 2015, 03:15:24 PM
send to btc-e and trade btc/ltc back and forth
newbie
Activity: 56
Merit: 0
July 13, 2015, 03:13:37 PM
Most popular way to grow BTC is gambling. There are some website where you can invest and they do BTC mining for you, but that is for big investors because profits are very low.

It is disappointing when you see that there are not many resources to get BTC.

Online business with BTC is always risky, thanks to its anonymous nature. There are not many BTC earning opportunities. BTC is still not very popular among non-technical people.

many bitcoin users believe that gambling is a good way to increase your bitcoin amount so i guess it can be popular way but it is a wrong way.
because in the long run they all will lose more money than the amount they have made before.

there are far more popular ways to invest bitcoin and earn a nice profit. like investing in trading which has its own risks but at least you have some control over it.

I don't think many believe its a good way... I think many are paid (in satoshis btcs clams etc.) by gambling sites.

Sadly.
newbie
Activity: 56
Merit: 0
July 13, 2015, 03:11:39 PM
Because of sudden high exchange in BTC to USD ;

Methods of growing my bitcoin : Hold Bitcoin  Cool

Agree.

If someone encourages you to gamble - ask yourself what you would think if someone said "the best best to earn more dollars is to gamble"?
sr. member
Activity: 490
Merit: 255
July 13, 2015, 08:54:14 AM
Most popular way to grow BTC is gambling. There are some website where you can invest and they do BTC mining for you, but that is for big investors because profits are very low.

It is disappointing when you see that there are not many resources to get BTC.

Online business with BTC is always risky, thanks to its anonymous nature. There are not many BTC earning opportunities. BTC is still not very popular among non-technical people.

better to do trading than gambling, there is at least some skill involved and if you learn how to do it, you can be positive everytime by a % percentage

 in pure gambling you will end up losing in the long term(i'm not counting various exploit and cheat to the system, like it happened to primedice) and winning only in short term if you have luck
Isn't this with all wager sites? It would be beginner's luck I would imagine.
Or if you win a bit, then withdraw those winnings to your wallet and keep playing with your initial deposit.
Doing it that way you know you don't lose what you won Cheesy

the addiction is what will kill you in gambling, not the initial losses, even by taking out your profit you will be incited to invest more and in the end you will lose more, unless you know how to stop early
Yes more courage to gambling when they are already addicted, so its better to control yourself or maybe if you can not to gamble take that moment to stop yourself to gamble or to invest if you know that your money haven't a chance to grow.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
July 13, 2015, 05:35:31 AM
Because of sudden high exchange in BTC to USD ;

Methods of growing my bitcoin : Hold Bitcoin  Cool
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