Will my method be a good steady income? - page 5.

mundang

hero member

Activity: 1008

Merit: 500

Quote from: ishanism on July 21, 2016, 09:59:08 AM

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin

), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

I think martingale method is not advisable to do.
You must be lucky to win on those gambling sites.and its not a good and steady income.

pooya87

legendary

Activity: 3472

Merit: 10611

you are gambling so even with my eyes closed i can tell you that it won't work no matter what strategy you are using but after reading your full comment i can say again that this strategy won't work 100% sure. because you are using a very small amount to start with so you can lose too often and never grow.

plpbtc1526

member

Activity: 70

Merit: 10

Quote from: ishanism on July 21, 2016, 09:59:08 AM

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin

), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

.0002 btc is a bit low, try to earn and save btc atleast .02. I know you cant earn that from just doing faucet. Apply any signature campaign that fits according to your rank. Search it here
https://bitcointalk.org/index.php?topic=1327312.0;topicseen

Strongkored

legendary

Activity: 2814

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

Quote from: benjaminmason on July 21, 2016, 06:13:08 PM

if you just want make $10 / month, you can get it from faucet. do not bet your coin from faucet, because very hard to collect $1 from faucet.

Yeah I think if op only wanted $ 10 per month, faucet might do. But the faucet is not a steady income I guess. And in the investment world nothing is stable in my opinion, the most excellent way is to work in real life. With the work you will receive steady income every month, and you can invest it in bitcoin and make it as extra income.

for OP, gambling is not the activities that can be relied upon to seek income. If the look, just be spending all of your bitcoin in vain.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

A very horrible method as other members say, faucets are very time consuming and it would gain you a little amount of satoshi. If i were you stop to those faucets and focus here on bitcointalk rank up your account and contribute for quality post everyday in this way you can join signature campaigns and would give you minimum 7000 satoshi per post or even more.

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: ishanism on July 21, 2016, 09:59:08 AM

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin

), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

Nope and never i think. Sorry for saying this, but you can't make decent profit with that strategy, you won just because you're lucky, you can't sure if you'll profit again if you using that strategy.

benjaminmason

newbie

Activity: 42

Merit: 0

if you just want make $10 / month, you can get it from faucet. do not bet your coin from faucet, because very hard to collect $1 from faucet.

machinek20

hero member

Activity: 840

Merit: 501

Quote from: ishanism on July 21, 2016, 09:59:08 AM

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins).

There is a slight chance to get back your coins. Do try yourself.

Quote

So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.
Right now, I am on few faucets.

For the love of God, please grow up and move away from faucets. They are a waste of your time. You can earn through a lot better ways. Even, join a signature campaign to get 0.0005BTC with your account soon.

Quote

My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

Freebitco.in is good only as a facuet. Their house edge will madden you once you play on other dice sites like 999dice or PrimeDice or Rollin or FortuneJack. Also, martingale? PM me and I will offer you better strategies for free.

Quote

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin

), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

Thats no profit, I make 1k satoshi per minute with my bot.

Quote

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

Yes, you should join a signature campaign. I prefer joining Pokemon Go campaign (https://bitcointalksearch.org/topic/pokemon-go-getters-signature-campaign-closed-1558014)
Also, good luck for your bankrolls

gerXhonza

hero member

Activity: 812

Merit: 1000

Quote from: CoinBreader on July 21, 2016, 03:43:45 PM

Well indeed your method sucks, big time
but if your goal is to make 10$ per month why dont you start offering your services ? something like translating or hunting after new alt coins bountys , you will make much more bitcoins than trying to get rich from gamble (even with a scrypt running)
my 2 cents

Yeah if you hold some unique and technical skills then you can earn that income very easily and its always good to go for multiple sources of earning it.

CoinBreader

hero member

Activity: 672

Merit: 500

Well indeed your method sucks, big time
but if your goal is to make 10$ per month why dont you start offering your services ? something like translating or hunting after new alt coins bountys , you will make much more bitcoins than trying to get rich from gamble (even with a scrypt running)
my 2 cents

pratap11

member

Activity: 112

Merit: 10

Quote from: bitcoinlover1 on July 21, 2016, 03:02:58 PM

Sorry brother that method will not gonna work.I also tried this matter and it never worked.No matter how bigger amount you have if you keep autobetting on surely after some time all your balance will be lost.

Not only you but many one of us tried this method I also but yes this is a horrible method I advice to forget about it.

bitcoinlover1

newbie

Activity: 28

Merit: 0

Sorry brother that method will not gonna work.I also tried this matter and it never worked.No matter how bigger amount you have if you keep autobetting on surely after some time all your balance will be lost.

Tyrantt

hero member

Activity: 1022

Merit: 564

Need some spare btc for a new PC

Quote from: ishanism on July 21, 2016, 09:59:08 AM

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin

), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

No, you will eventually lose all, I speak that from first hand experience.

Kprawn

legendary

Activity: 1904

Merit: 1074

The Martingale strategy does not work on Freebitco.in on the Multiplier option, so I just want to warn you before you lose a bunch of money. I have tried it before and they have counters in place to

stop any variation on the Martingale method. You should rather find some other faucet with no Martingale, if you want to go that route, but most faucets will spot this very quickly when their pool runs

dry on one user account. Wink

Just concentrate your efforts on other ways to earn fiat money and then convert it to BTC, it would be much quicker to do it that way. Grin

hasiramasenju

legendary

Activity: 980

Merit: 1000

if you thought with gambling you will get stable income i have to say you're totally wrong because gambling results will be so different everyday and even most people has been try it with huge amount but they were realized that end of gambling is lost and if you try to collect bitcoin by using your faucets don't ever try to gambling because your attempt will be useless

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

you are wasting your time my friend. and you are doing it twice.
once in claiming faucet which is a waste of time because the payment is so low and second is using the amount you have earned to gamble because you WILL lose it.

and about your strategy i have to say when using martingale method on a 49% chance of win (aka 2x) the biggest losing streak that i have seen is more than 30 reds (losses) in a row which means you need at least 10BTC if you don't want to lose.
and even then you can see +1 more loss and lose 10BTC too and be empty handed.

AdolfinWolf

legendary

Activity: 1946

Merit: 1427

From my understanding, And from what i've heard and red, it is a horrible idea trying to get your basic income out of "gambling", Its simply not trustworthy and the odds of you making alot of $$ is very small, and with your method, a long way ahead..

Also i would suggest you to not use faucets if your in EU/US, It is just not worth your time..
I guess a better idea would be to learn how to trade with low amounts.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

That is a horrible method. It is just gambling, and gambling does not guarantee you a good steady income. Furthermore, you are just using faucets. Faucets give out amounts so small that they are simply not worth the time and energy that it takes to collect enough Bitcoin to make a difference.

Instead of wasting your time on faucets and gambling, try doing something else to earn Bitcoin. If you have a skill, you can offer it as a service. If you have stuff lying around your house that you don't want anymore, try selling some of it for Bitcoin.

ishanism

newbie

Activity: 5

Merit: 0

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin

), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

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