Topic: Road to 1 BTC with 0 fiat investment (Read 1519 times)

"hold until this altcoin has launched the value of my online assets into the thousands of USD"

Interesting thread, I'll definitely be keeping an eye out for this one. Have you looked at XRP or IOTA? They're relatively new to the cryptoworld and seems to be very promising down the road.

Also, which exchange are you using and how are you handling the trading fees? There's nothing worse than making a profit on a trade but then paying all that back in trading fees and withdrawal fees when you try to get your money out.

So getting funds from google adds or any other external resources still count as fiat investment right ? Doesn't matter if it is not in form of cryptos ,it is still fiat investment.

Wondering how much your holding are now. As the waves already risen by some +25% since last month I believe your $100 might be more than that now.

so what is the news now?

Interesting thread, I'll definitely be keeping an eye out for this one. Have you looked at XRP or IOTA? They're relatively new to the cryptoworld and seems to be very promising down the road.

Also, which exchange are you using and how are you handling the trading fees? There's nothing worse than making a profit on a trade but then paying all that back in trading fees and withdrawal fees when you try to get your money out.

Nice hearing about your journey to 1 BTC. I am curious why do you choose to invest in one altcoin than diversify the risk into a few altcoin?

Good luck and I hope you achieve your target of 1 BTC soon.

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).

This is possible if you have some bitcoin that you have got for free because i already done the same thing before when i was just trading all of the shit coins in the market. I do short trading in those shitcoins that just after a few weeks i turned my 0.07 bitcoin into a whole bitcoin by just trading and that is the best time for me.

You didn`t post any proofs about your earnings/holdings,OP.If you really have earned 700$ for 2 months only with your online skills and with cryptocurrencies,this is awesome.It`s very risky to hold all your savings into one altcoin.Maybe it will be better to diversify the risk,by buying other altcoins and btc as soon as possible.
I have around 880 USD worth in bitcoins,365 USD in my paypal and around 300 USD in various tokens and earned them for about one year.I guess i`m not that good as you are. 

this is cool and all but since you are already doing stuff online (all micro jobs with micro payments) and say you don't have any special skills, then why not try and acquire some skills? with those skills you can earn a lot more and then use a much bigger capital for your investments.

in any case i have been using somewhat the same strategy as you. unlike you i started with dumb methods like faucets
but my luck was that i started when price started with $400 and went down to $200 so i had a pretty good low start to make larger amount of bitcoin. then entered some of it in trading with small amounts and built it up to bigger amounts.

these days with high bitcoin price it may seem like an impossible task to make that much from trading compare to 2014 but also these days there are A LOT more opportunities for altcoin pumps which were not as much back then in my opinion. these days you can see at least 2 altcoins getting pumped per day and that is possibility of large profit every day.

Hands up for you! You did a great job in an exchange with 0 fiat involve. But what did you do to have 100 USD?
A friendly reminder, diversify your altcoin portfolio for a wider exhange values.For example 50% on BTC, and 50% on some altcoins.

So you don't have a time limit for your Road to 1BTC from zero investment? I think you should have a target on when you think you may reach the goal in months or years. It wont be worth if you reach it for too long time because you need to spend so many hours daily for what you do to reach the goal.
It will be helpful for readers of this thread as well if you can share the list of what you do and what you earn. Lets say, today you invest $50 in coin A then after few days you earn $25 from it. It will be fun and interesting thread to follow if you can do it well.

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).