Topic: The Only Way For Beginner To Earn Bitcoins Is Bitcoin Mining (Read 793 times)
Lending bitcoins can make you profits as well. It is slow, but there is potential to make money over the long run.
September 23, 2016, 02:56:09 PM
LoL no it's definitely not the only way and BTC mining is hardly profitable unless you have some serious investment so it's better to actually search for other methods which I'm sure you will be able to find here
September 23, 2016, 02:47:56 PM
There are several ways how to earn Bitcoins - signature campaigns, BTC mining, altcoin mining and then exchange to Bitcoin, trade - buy/sale through exchanges, and options, plus also gambling. But in real life many new Bitcoin users can make some Bitcoins fast and safe only through signature campaigns or BTC mining with special hardware or BTC cloud mining ( many cloud mining websites can be scam sites with time too ). Other ways need time and experience. 
This is somewhat correct only if those persons lives in a country with extremely cheap electricity or almost free electricity. Venezuela is such country. Unfortunately is not wise to invest money to buy antminers there to start bitcoin mining because of political instability.
Some will say to risk and put the miners in some places like school basement, hospital basement etc to get free electricity but this is illegal at first and second is not safe at all. Do not listen to such people.
September 23, 2016, 11:04:54 AM
people who want to start with mining need some capital, and as far as I know not all can gain money because of the price of the electricity.
September 23, 2016, 04:29:03 AM
Well, bitcoin mining is need cost. I mean like, to buy a miner and need money to buy that thing. I'm not sure the beginner want spend their money for mining. I'm sure they need free money, like join a signature campaign.
That's not true as they can join signature campaigns, gamble, or just do simple faucets
bitcoin is like money and there are as many ways to earn bitcoin as there is to earn fiat. and mining is only one of those ways and it is not even the best way because of the big investment that it needs to buy the equipment and also the high cost it has for maintenance and electricity cost.
so this sentence of yours:
the only way for a beginner to earn USD is to print money
so this sentence of yours:
Quote
The Only Way For Beginner To Earn Bitcoins Is Bitcoin Mining
translates to this in real world:the only way for a beginner to earn USD is to print money
There are several ways how to earn Bitcoins - signature campaigns, BTC mining, altcoin mining and then exchange to Bitcoin, trade - buy/sale through exchanges, and options, plus also gambling. But in real life many new Bitcoin users can make some Bitcoins fast and safe only through signature campaigns or BTC mining with special hardware or BTC cloud mining ( many cloud mining websites can be scam sites with time too ). Other ways need time and experience.
I don't think its true because bitcoin is a anonymous currency where you can earn it easily from the online websites such as bitcointalk, faucet sites, lending sites and trading sites. Only for signature campaign newbie will not allow to get accept in that campaigns. Other than that you can easily do that with your skills and efforts...
I don't see the point in threads like these. Bitcoin is a currency. You can acquire Bitcoin the same way as you can acquire any other currency, and that is by doing work. If you are skill-less, and lacking capital, then you are likely going to do something that provides you with a very small amount of money (e.g. faucets, signature campaigns). Generally, most of the signature spammers are probably from the low class if not poor. Besides, since you have access to internet you also have access to unlimited learning potential. You could start with something easy, such as learning HTML and CSS and expand into website development.
That's not true-you can earn BTC by trading,offering services in the service section,even start lending BTC and collecting profit from that
well i do not ever suggest bitcoin mining to any of the bitcoin user because firstly the profit is decreasing constantly due to the increasing difficulty and the second is price will also effect because you will see the total mining result
Special hardware for for bitcoin mining can coast big electricity if they don't what they are going to do. Building a mining rig could get you into bankrupt if you don't make profit with in 3 months also building mining Rig is not just easy. Maybe on altcoin there a chance. I would prefer trading instead of creating / building mining hardware, In trading you can win there if your move was right and totally perfect with the market graph if the coin will increase that much then approximately you can earn 1.5x to 2x of bitcoin and for those newbie who want to start mining gambling is not the solution to get more bitcoin at the moment it could take your bitcoin onto risk. Thus signature campaign is the best way to earn and make bitcoin.
I agree, I was thinking of making some smaller mining rig and then i went over the process of so... then I gave up for now, didn't find it worth the struggle for a minor rig. Also if the new guys try setting it all up, they might give up on btc at all just because of that, thinking that's the only way to earn actually. So imo , signature campaigns are the best and at all constant way of earning bitcoin.
Special hardware for bitcoin mining can coast big electricity if they don't know what they are going to do. Building a mining rig could get you into bankrupt if you don't make profit with in 3 months also building mining Rig is not just easy. Maybe on altcoin there a chance. I would prefer trading instead of creating / building mining hardware, In trading you can win there if your move was right and totally perfect with the market graph if the coin will increase that much then approximately you can earn 1.5x to 2x of bitcoin and for those newbie who want to start mining gambling is not the solution to get more bitcoin at the moment it could take your bitcoin onto risk. Thus signature campaign is the best way to earn and make bitcoin.
There are several ways how to earn Bitcoins - signature campaigns, BTC mining, altcoin mining and then exchange to Bitcoin, trade - buy/sale through exchanges, and options, plus also gambling. But in real life many new Bitcoin users can make some Bitcoins fast and safe only through signature campaigns or BTC mining with special hardware or BTC cloud mining ( many cloud mining websites can be scam sites with time too ). Other ways need time and experience.
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