Topic: You own a decent amount of Bitcoin, How would you increase it (Read 1085 times)

But this method to increase the bitcoin is for the people who already have some good amount of bitcoin but not for the one who owns no BTC or very less BTC. I think OP needs to strengthen his portfolio first.

I don't think you're the only one in this situation. I just hope that the ICO will be worth the action. As for BTC and investment ... Now it is only worth waiting for BTC to grow again and probably will be ...

I guess waiting for bounties in altcoin will give you the amount of money you desire. Some of them are scams and bounty rewards take a lot of time before sending to the participants. I hope you guys are on the right track and on the right campaign to earn and invest more in Bitcoin.

Halving is already near, you guys must save more bitcoins to earn a lot.

Long term holdings doesn't make any sense if each year it doesn't have any news or idea. It's right that he made a huge worst decision in putting it in a investment yet he didn't know that time. But today he must be aware of the fact that not every investment are quite good to invest in. You must always know how to earn and to hold any ideas about the investment you want to come in.

Investment is good for a decent amount of money. Your money is quite in a good hands, you will leave it there and after a couple of days, months or even a year it will earn some profits. The idea was good and it was easy yet so dangerous. Most of the person who have been scammed in investment only look on the earnings not by the security or legality of the investment.

And also, the idea of buy and selling is quite dangerous too becaue you will always end up panic buying and panic selling. The amount you will earn on buy and sell is a good a mount yet you will lose a large amount if you didn't know how it works. Simply you look also on the idea of how you will get earn and how much.

For me, probably I will put it also in an invest but I will always do a background check about it. And I will also try this buy and sell yet I must first learn the ideas of tradibg industry.

Why bitcoin necessary? well we are in bitcoin forum though , that's why the Op asked to our insight on how do we increase our bitcoin value.
There is always a risk just like any other thing, from estate there are some cons that I know about it that makes me too cautious on that stuff. Let's say bitcoin and real estate in comparison, in terms of emergency you cannot just liquidate the property which means you need an exact amount of time before converting it into cash unlike bitcoin. Aside from that real estate is increasing in liability when something bad happens on the property. Have double thoughts about it.

Just like bonds exist through the regular bank systems, there's also something similar for Bitcoin, where you can hold your money while receiving interest on it all. The good thing about crypto interest rate earning is that unlike the traditional % the interest on crypto is much more generous, likely reflecting the more risky side of crypto but nonetheless is a great way for receiving passive income.

Why is bitcoin necessary? The question is how to increase money in principle. Perhaps I would allocate part of the money for trading. But basically I would think how to save and only then how to increase.

For example, you can buy real estate. You can also put money at a percentage. I know that at StormGain they give 10% per year.

Since I have few amount of Bitcoins, I am focusing now on earning a good amount from signature campaigns. With this year's halving, I hope I can acquire a good amount of coins and probably earn more and sell later. Volatility is still a problem yes, but good analyzation and planning is helpful for future use.

Yes if you are interested with long term investment placing your money into gambling sites bankroll have a good potential and can be treated as passive income though the amount of shares are not that big but still considerable of you are concerned with increasing the amount of your assets. Also if you have time to study lending your Bitcoin is also a good way of increasing your money just don't forget to study every aspects that you need to learn before joining this business.

I would try to start trading it is the only way that I could increase my Bitcoin amount.
I don't like to invest in HYIP or even cloud mining sites since I have been scammed for so many times by those investment schemes.
If you don't have enough time for trading then you could always try to invest in some trusted gambling sites that is if you don't have any other things to do with your BTC.
 

I would wait for the halving to happen in the next 5 days :-) increasing bitcoin can be tricky.. I would rather sit on them for some time for decent amount that you have maybe in the 1000s :-).

Back in 2009 i met Amir Taaki the legendary bitcoin developer.. As developers of chain we never seem to be greedy. Innovating in technology ahead of time was priority he Mr Taaki said just mine and sit on them as long as you can even though he didnt mine much or sold them for pennies back in the day. Now imagine i owned maybe a few thousand + Bitcoins back in the days then and todays worth is unimaginable and thanks to Amir we never spent much time after 2010 he just vanished :-) i went into mining coins so i started to mine and then went on to developing some core dev and helping in mining rigs with 2 of his top EU coders and 1 was from USA early days based in iceland genesismining Marco streng and i happened to mine many coins back in the days. I also became lucky when ripple lab was selling at around 0.003 and and took a dive into buying loads of Ripple with bitcoins exchanger was gatehub XRP Ledger protocol.

So overall i looked for opportunity in other coins and then the growth came. Trading is good too with USDT you can simply lock your rate 0 risk buy and sell with ease.

Now check this out pm2btc is making around 10704.96 PM = 1 BTC when the coin on coinmarketcap $9,069.35. PM2BTC exchangers buy btc +2 +3% on localbitcoin or top traders and then charge upto +10%. If you hold many bitcoins you can start as a mini exchanger and follow similar steps.

So Below is what i would do

1. Sit back let your bitcoins grow.. Chances are bitcoin will only grow... after China and India regulated Bitcoin and many will follow those who banned bitcoin will mostly get approval during this pendemic crisis. Looking at the world GDP and then here we have bitcoin on the rise shows bitcoin is the safest option right now :-) i do not want to go into too much details as i will end up going off topic.

2. Sell your assets for bitcoin. Is always a risk!

3 Exchanger buy and sell online..Utalise your coins

4. Public trader within your community buying and selling

5. Look at some cool projects genuine projects new technology buying coins.

Some info what bitcoin could be worth?
The billionaire investor predicted bitcoin will reach $250,000 (£193,000) by 2023 – a figure he first forecast in November 2018 when the price of bitcoin was around $5,000. Bitcoin has since experienced a remarkable price recovery, rising from below $4,000 at the start of 2019 to today's price of $8,100

Bitcoin's 2030 market cap is decided by the number of bitcoin holders multiplied by the average bitcoin value held. Bitcoin's 2030 supply will be about 20 million. Bitcoin's 2030 price and user count will total $500,000 and 400 million, respectively.

Today there are a lot of people really love to have bitcoins some of them makes a lot of bitcoin with the use of the airdrops and bounties but not just limited only on that. If you are looking for bitcoin first find some job that have saying some bitcoin like in this forum we have the signature campaigns to promote their platforms and they are paying bitcoins but if you don't want to you find a real job and earn some money and buy some bitcoin
How to buy bitcoin? Some of the exchange wallets today allowed using the fiat currency convert into cryptocurrency so now you have bitcoins having a passive income regarding with your job now you can make additional job like trading, investment and gambling regarding with the use of your bitcoins by that you can now increasing your bitcoin amount on your wallet continuously but always be conscious about the thing you are doing not all the time you can earn and win a lot of bitcoin one of the essential thing we need to have is the knowledge so you can make a good market profit.
If you lose your funds into trading and investment is be knowledgeable into market reading of graphs to know if you make a small or a big loss to your money.

Thats the big mistake of your life mate,when you made a decent amount since 2012 holding but you transferred to other options.

Why not just Sell your bitcoin in 2017 and wait till 2018 to Buy back again/you have been here since 2012 so you must know how to increase your bitcoin.
and that is buy buying low and selling high.
If this is the strategy you have used?for sure your Bitcoin may be x5-10 by now.

The best way to increase the amount of bitcoin that we have is by trading. What we need to do is study trading first,
then after we understand how to trade. We just start practicing with small capital, when it starts just take a little profit.
Because if you take too much profit, you can make a loss. And most importantly use the stop loss feature when trading,
it is to prevent us from experiencing heavy losses.

I don't know about Bitcoin banks, or are you referring to wallets? There are wallets with similar features as Banks, just like the BitPay wallet that offers Visa cards for users to withdraw their money from ATMs worldwide. Then there is Crypto.com which is very similar to banks and offers up to 8% annual interest for holding your coins with them. Seriously, I don't see anything much that you really have to do, you can hold your Bitcoin in a secure wallet till the price increases.

The Halving is already close and will be taking place in less than a week. It's believed that the price of Bitcoin will increase after the halving, and if you check, it's likely to be true because the supply will be less than the demand in the nearest future and that will cause the price to increase.

Yeah! With the remaining amount of coins you had since 2012 (I presume you did not invest it all on 2019), I'm sure you can able to make profits with thr current price of btc. Today is could be a good exit for you but it would be much better if you continue to wait until halving was done . But aside from that, the best way I coud only imagine for you to earn more is through daytrading. But I'm just curious that you don't know about it despite of being old in the crypto world, well I guess you are just not into it . Hmm, have you tried establishing your own business? That's a nice way too.

Staking is a good way of increasing already own crypto. There are several big exchnages like binance, bitfinex, kucoin that support it. Even if you will bough crypto from bank card on bfx you will recieve more arp than fees size

That two ways will be a good way to increase the bitcoin amount. But I hope you don't invest your bitcoin in any investment programs because that program is not the real investment. Bitcoin itself is an investment, and how can you make a profit from sending the bitcoin to other programs without doing anything? But if investing in altcoin, then you will get a return for some amount, and I think that name is staking.

The only way I know to increase it is by investing and trading, both things are profitable especially if you have skills on doing both things but always remember that both methods of earning money or increasing your money are also taking a risk because you will not sure that you will gain money from it, you may also lose your money by doing that.

So just a simple tip always invest at your own risk and invest you can afford to lose, so in case you lose from it, you will not be that so disappointed because you lose a huge amount of your money. There are many websites you can use to learn more about investing and trading if you have enough knowledge from it try to invest more money so you can get a big return.

Holding NEO gives out 1.6 % a year in GAS right? I am holding it because of that.

I learned my lesson in 2017 when Bitpettite the HYIP ponzi shut down and i lost 1 Bitcoin