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Topic: Tips on how to get into the Bitcoin business? (Read 2834 times)

hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
Newbie asking again how to make millions with bitcoin. There is no magic way to do that, businesses with bitcoin are not so much different then fiat business, in both you have to have ideas, plan, strategy, investments, above all you need to know what are you doing, if not you are doomed to fail. Bitcoin was a dream in beginning for early adopters, now its harder to do something with bitcoin, competition is much stronger.
hero member
Activity: 798
Merit: 506
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
I'm very skeptical for gambling in the beginning, had tried but lost. Better not to play it if you don't know how to make profit.
Buy bitcoin is a good way to earn more money as the value keep increasing right now, buy and save will be great.
If you want to doubled your bitcoin, there are some options to invest it such as in gambling site as bankroll or learn how to trade bitcoin-altcoins if you don't trust any site.
legendary
Activity: 1638
Merit: 1046
You dont have to be that much desperate about bitcoins. Bitcoin is big industry and is all the time profitable. The well k ow formula for beginners is to store their money in the form of bitcoin. Being popular lots of people invest in bitcoin which leads to increased bitcoin value. This leads your bitcoins to gain x amount of percentage in terms of profit. So just save bitcoins for now. After sometime you can learn more about exchanges to gain huge profits. So just learn and earn.
I think saving bitcoins is not a business you are making profit if you save it for a long time but its not a business..
i think if you really want to start a business you should a have to build a group to manage a business making a business not building only for one developer just like a gambling casino..
unless if you are just an affiliate marketer that you are just promoting a service or product to earn to your business. is one of the good way to earn bitcoins these days due to many bitcoin users this year unlike before..
sr. member
Activity: 714
Merit: 252
You dont have to be that much desperate about bitcoins. Bitcoin is big industry and is all the time profitable. The well k ow formula for beginners is to store their money in the form of bitcoin. Being popular lots of people invest in bitcoin which leads to increased bitcoin value. This leads your bitcoins to gain x amount of percentage in terms of profit. So just save bitcoins for now. After sometime you can learn more about exchanges to gain huge profits. So just learn and earn.
hero member
Activity: 1484
Merit: 547
Pugs are the best!
Buying bitcoins from individuals at a lower price and selling them to people who need at a higher price is one way to start. I for one but it at the dollar exchange and since my home currency is very poor against the US dollar i make about 40 cent on each dollar of bitcoins i sell.
It's would be nice if you can find some individuals whose selling their bitcoin in a lower price since they can easily convert it into fiat money whenever they need it. But since you were able to find someone whose selling those in a lesser price and earning a 140% on it then good for you but its hard to recommend it to someone.
The best way is buying bitcoin where it's price is low and sell when price is high but this process needs patience since not all the time price is inconsistent. Just remember that good things come to those who wait.
sr. member
Activity: 434
Merit: 250
Buying bitcoins from individuals at a lower price and selling them to people who need at a higher price is one way to start. I for one but it at the dollar exchange and since my home currency is very poor against the US dollar i make about 40 cent on each dollar of bitcoins i sell.
sr. member
Activity: 392
Merit: 250
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

When coming to Bitcoin world, I usually recommend 3 things to people!
1. Investment in Bitcoin, because its no longer risky to invest in Bitcoin if you could hold for considerable period.
2. Income in Bitcoin, along with investment, start growing Bitcoins by earning them. Bitcointalk also provide certain good opportunities to earn.
3. Investment of Bitcoin, this is last stage and one should only go for it after being in Bitcoin world for considerable period. Best mean to invest Bitcoin is in altcoins as volatility in alts are more dynamic than bitcoin.
sr. member
Activity: 2422
Merit: 343
Before you get into any business even if it is bitcoin or not, you should think about your environment first, what are the things that people need around you? Is it food or necessary things? Then you should focus on that and you will just add bitcoin to your payment methods then you can easily get into bitcoin business.
legendary
Activity: 3038
Merit: 1169
I want an easy way to buy bitcoin so I can make it as an investment and say I will hold it for a long time, I will be sure that by holding back will get a high price if it is time.

Find a wallet that are base on your own country, you can definitely buy and sell bitcoins there I don't usually trust other options that are not legit or don't have any consent by my friends or the bitcoin community, in regards to the legibility of the site you can see some comments about it.
full member
Activity: 252
Merit: 100
I want an easy way to buy bitcoin so I can make it as an investment and say I will hold it for a long time, I will be sure that by holding back will get a high price if it is time.
sr. member
Activity: 368
Merit: 266
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

I think I figured out something. It seems that what many of these projects need, more than investors, is good-clean-old-fashioned work. So, I've been looking into projects I believe are the most genuine which have the greatest potential for success and I have been soliciting for work. Afterall, it's the communities behind these projects which give their networks value and the dollars come later, not first, right?
hero member
Activity: 700
Merit: 500
Massive price drop coming...
I will suggest you to start blogging it will benefit you a lot if you started to create and provide interesting contents to the users. They will be attracted to your blog each day for to get new contents and so you will have some advertising banners from ad network and you will earn a good income for your blog.
Good idea but it is not easy as pie to turn your blog site to become money making site..
You should know first SEO how to gain organic traffic and use plugins or tools that everytime you post you can make your own powerful build backlinks.
But if you do it right it can be your passive income.. use expired article hunter this is a common tools these days to get article and post easily without wasting time for making new post..
And monetizing like adfly or any advertising company you can add it as banners don't join in popup ads it can rank down your site and decrease your revenue.
sr. member
Activity: 368
Merit: 266
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

I'm in the same boat. I've been watching for awhile but I have not bought any bitcoin yet. I am very frugal with my investments. I think that you are doing the right thing by trying to become as knowledgeable as possible. I don't think that I would try gambling with your own money though, just faucet money.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Holding Bitcoin is the most important part of being in Bitcoin.  If you have it, and you actually own it instead of storing it in an online wallet, you can expect your earnings to go up dramatically in a few years as Bitcoin's long term price continues to increase.

No other advice you get will be definitive, except to stay out of investments unless you have seriously legitimate reasons for believing that they are trustworthy.  Genesis Mining is very shady, even though they're not a straight-up scam.

Mining is not shady if you oen your equipment for mining, that is. However, things will start going down the drain if you invest on a cloud mining site. Also, why risk it on a site that only pays you a fraction of what you invested compared to just buying it and let it collect dollars over time?
legendary
Activity: 2954
Merit: 1153
Bitcoin's price is high today and I would not recommend you to buy it, only in the case if 1000$ per 1 BTC is not so big money to you, maybe in your country it is exactly like that. The idea of making money through some campaign seems me the most unrisky. You will grow here together with the price of bitcoin. But for that case you have to have a lot of tention, cause in the most beginning your earnings will be almost nothing and to start to make some really good mney you will have to reach the rank of hero member as minimum. I wish you lot of luck in any kind of decidion that you will make  Smiley

When would you think they buy Bitcoin?  When it is at $2000?  We never knew what will happen next in the market.  In just one good news Bitcoin price have the possibility to go up in price rapidly or vice versa during bad press.  But if you observe the market, Bitcoin is holding strong, it maybe late if he realized that he should have bought it today than waiting for it to drop at $1000.

I will suggest you to start blogging it will benefit you a lot if you started to create and provide interesting contents to the users. They will be attracted to your blog each day for to get new contents and so you will have some advertising banners from ad network and you will earn a good income for your blog.

It is a good way to earn Bitcoin but OP must need to know how to increase his traffic.  Knowing how to write a good article is not enough to make your site to have frequent visitor.  Blogging have deeper need than that.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
Holding Bitcoin is the most important part of being in Bitcoin.  If you have it, and you actually own it instead of storing it in an online wallet, you can expect your earnings to go up dramatically in a few years as Bitcoin's long term price continues to increase.

No other advice you get will be definitive, except to stay out of investments unless you have seriously legitimate reasons for believing that they are trustworthy.  Genesis Mining is very shady, even though they're not a straight-up scam.
sr. member
Activity: 734
Merit: 250
I will suggest you to start blogging it will benefit you a lot if you started to create and provide interesting contents to the users. They will be attracted to your blog each day for to get new contents and so you will have some advertising banners from ad network and you will earn a good income for your blog.
newbie
Activity: 7
Merit: 0
kind of in the same boat here, big newbie in bitcoin, first heard of it way back when it was less than 10$ but never really dove into it.  Kind of regret it but hindsight is 20/20 as usual. 

What are lets say some top 3 links to get to learning more about bitcoin in general?
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

In my opinion gambling and gambling sites are not a way for earn bitcoins and you have to keep away from them if you don't want to lose money. I think you have understood that Smiley. I can suggest you posters for campaigns. This way is the safest way for earning bitcoin if you don't have any special talent which you can sell on the internet. The prices are not bad also.
True. If you are going to establish a business that is related to bitcoin you will meed to jave an experoence in regard to it. And i do not suggest gambling because it is to risky to gamble your bitcoin it isbetter to learn on how to trade. Yes trading also have risks but it is less the risk if you will focus and workhard. Then start on a signature campaign so you can have a source of income that you can used as a capital to your business together on your tradings.
legendary
Activity: 1218
Merit: 1007
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
It all depends on what you have available to you. This is essentially an exercise in problem-solving.

Cloudmining is typically pretty garbage overall. I wouldn't recommend a service like that, ever really. Your contract loses a lot of value over time and even if you do happen to make money, chances are the people who sold it to you made more. If they don't mine enough to earn your contract back, they still win.

Holding BTC is an ok strategy but I would recommend playing the market, but you should have experience trading at least altcoins before trying to do something like that.

Always be on the lookout for scams. There are a lot of them, so never trust anything you read at face value.
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