Topic: You own a decent amount of Bitcoin, How would you increase it - page 2. (Read 1173 times)
As we'll know that, this Industry has different ways to make more money during this halving. Some of my portfolios have been moved to staking, it just occurred to me of recent that, staking some of my portfolios will help me to save for the raining day and I have started the staking of my Tron on trust wallet. Some of my holdings have been moved to long-term investment and they have started yielding more profit gradually. Also, some of my daily paid jobs are for the trading and during this process am able to make some profit for my upkeep.
In crpyto space you have a lot of way to get a profit like Trading, this comes with different type and one of the worth mentioning type of it is margin trading where you can earn more than what you have risked. Then there's investment, you can invest on projects I doubt there are worthy projects here in the forum now but you can check it out, there is also investment in gambling platforms and investment in cryptocurrency itself and hold for a little while to get a profit. Having a decent amount of bitcoin, let's say 1 or 2 btc can possibly get you a profit of almost a double or triple, it depends on how are you willing to risk it.
it's not about IEO hype. It never was. It is about good projects. Why does the distribution means make any difference? Don't invest in shit as simple as that. So many people invest in hopeless projects just because they see it all over the place or they hear about it. They don't even do their research about it that blindly follow and just want to dump as soon as the profits are in the + missing the entire point of the whole meaning of crypto.
Invest in good projects not in the currency. Look at the projects, not the prices.
Good option:
Step 1. Get a job.
Step 2. Get paid from employer.
Step 3. Buy bitcoins.
This is the most realistic approach in my opinion but I like to add the fact that while you are saving bitcoin, you can work and use your salary to create another cash flow, remember do not put all your eggs in one basket. On the flipside though, if I have a decent amount of bitcoin then I would put it in a investment and let it work for you, I don't know any better use when you do not want your bitcoin going stale in one place, then letting it be invested in a business or something will help you financially because that would mean that you will get more cash flow with less work.
Why buy bitcoin? Why not simply be paid in bitcoin in the first place? Many places online now offer bitcoin as a payment option.
Invest in good projects not in the currency. Look at the projects, not the prices.
So how would you increase your bitcoins?
Good option:
Step 1. Get a job.
Step 2. Get paid from employer.
Step 3. Buy bitcoins.
Why buy bitcoin? Why not simply be paid in bitcoin in the first place? Many places online now offer bitcoin as a payment option.
So how would you increase your bitcoins?
Good option:
Step 1. Get a job.
Step 2. Get paid from employer.
Step 3. Buy bitcoins.
Hello everybody. If today I had a large number of bitcoins, I would at least sell half and place purchase orders thirty percent less than the current price. This is a very simple and effective way to increase the number of bitcoins. In connection with a certain crisis in the global economy, it is unlikely that the course will fly to conquer 20,000 USD. It’s more likely to collapse, but the local growth taking place in recent days is really a gift and an opportunity to sell everything and calmly buy later at a lower price.
Presently, holding BNB is a good way of making profit and increasing bitcoin, also for other top exchange tokens eg Gate, huobi. A fraction of BNB for a period will qualify holders for IEOs, most of the IEOs at listing will give more than 2x. Although the IEOs are less frquent but the most reliable in long time.
Holding ethereum is another way increasing bitcoin, it showed to be very good coin for trading to increase bitcoin since the year begins, just dont be greedy of gain, take regularly at 10-20% pump.
Holding ethereum is another way increasing bitcoin, it showed to be very good coin for trading to increase bitcoin since the year begins, just dont be greedy of gain, take regularly at 10-20% pump.
Greeting all,
.....I read about many so called Bitcoin Banks, Projects, who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time...
So how would you increase your bitcoins?
.....I read about many so called Bitcoin Banks, Projects, who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time...
So how would you increase your bitcoins?
Holding your btc won't help you increase it the way you wanted, it will only make it safe for you and if possible increase in value overtime, but if you want to increase btc in satoshi, trading is another way, if you know how or good at it, also lending if you find a legitimate one, Binance is also running a lending program maybe you should check it out and see if it is worth the try, at least you can trust Binance with your investment to some extent unlike other unknown site that can be dangerous.
But I will rather hold
For what I have seen in this years, trading is a risk! and is not for all*
Most of cryptocurrency traders get a negative profit or make very bad moves with fake ICO or the "new bitcoin".
*
Best way to grow bitcoin is exchange fiat/cash for bitcoin. Or get payed directly in bitcoin for a job or when selling stuff.
Most of cryptocurrency traders get a negative profit or make very bad moves with fake ICO or the "new bitcoin".
*
Quote
82,31% of retail investore accounts los money when trading CFDs with this provider (Investous)
Best way to grow bitcoin is exchange fiat/cash for bitcoin. Or get payed directly in bitcoin for a job or when selling stuff.
Greeting all,
I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.
I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.
I read about many so called Bitcoin Banks, Projects, who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.
So how would you increase your bitcoins?
Have you considered trading?I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.
I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.
I read about many so called Bitcoin Banks, Projects, who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.
So how would you increase your bitcoins?
I also don't believe in those crypto banks project and we shouldn't just rely on investing in hype or in trend we should know how to provide for our own needs because we could only lose more if we would just rely on investing.
We should know how to trade so even if there is no hype like IEO or ICO we wouldn't have a problem earning or increasing our Bitcoin.
I find claiming so called crypto dividends the easiest and safest way of getting more BTC. In short it goes like this:
You look for airdrops, forks, giveaways, aimed at Bitcoin holders. In the last few years I've claimed BCH, BSV, XLM, BTG, BCA, and many more. I don't know if these will keep coming as frequently as they iused to in 2016-18, but you're not taking a risk by participating and profits can be huge. I believe I got 50% increase in my BTC holdings by converting BCH and BSV.
You look for airdrops, forks, giveaways, aimed at Bitcoin holders. In the last few years I've claimed BCH, BSV, XLM, BTG, BCA, and many more. I don't know if these will keep coming as frequently as they iused to in 2016-18, but you're not taking a risk by participating and profits can be huge. I believe I got 50% increase in my BTC holdings by converting BCH and BSV.
I'm long time around here , There is a possible way you can profit from Trading . you can make a handsome profit with margin trading . You could do trading if you have enough skills in trading and knowledge about this market place in my opinion , though risk is everywhere .
February 03, 2020, 11:19:48 AM
This is the mistake that I did in 2013. At one point, I had close to 70 BTC in my wallets. But I got too greedy, and invested in a few shady schemes. As a result of this, I ended up losing around 50% of my coins. As a result of my losses, I became demotivated and sold a majority of the remaining coins in 2015 and 2016, when the prices were extremely low. If I had held on to my coins, then I would have resigned from my full time job and retired peacefully at some tropical paradise.
Just take my advice. Be satisfied with whatever coins you have in your wallet. If you earn some more from freelancing or airdrops, then good for you. But never fall victim to any ponzi schemes.
Just take my advice. Be satisfied with whatever coins you have in your wallet. If you earn some more from freelancing or airdrops, then good for you. But never fall victim to any ponzi schemes.
February 03, 2020, 08:37:43 AM
Define "decent" ... it's all relative. Easiest fastest way is to simply buy more of it.
February 02, 2020, 06:06:30 PM
I believe there's no free lunch in this world.
Any promises of different scam companies are just a beautiful wrapper with a hoax behind.
Personally, I keep my bitcoins, because I know that the price will rise in the future.
Any promises of different scam companies are just a beautiful wrapper with a hoax behind.
Personally, I keep my bitcoins, because I know that the price will rise in the future.
February 02, 2020, 05:43:18 PM
But my question is why do you want to keep increasing your bitcoins? I use bitcoin as a flowing water. It keeps coming and going. I earn money in bitcoins, I earn profits through bitcoins, I sell my bitcoins, I spend money on comforts and this keep on going. What is the fun in holding coins for indefinite period? You may be millionaire one day and may lose 30-40% of your wealth the other day. Ask Chris Larsen about this. He became world's 5th richest person when the price of Ripple crossed $3. But what about present? He's once again out of top 20.
So better keep spending your cryptos rather than accumulating them. Enjoy your life and maintain the decorum of cryptocurrencies as a currency.
So better keep spending your cryptos rather than accumulating them. Enjoy your life and maintain the decorum of cryptocurrencies as a currency.
Seriously? You don't see the benefit in holding? Bitcoin's value continues to grow which makes it an ideal thing for long term investment. If you keep spending it you'll miss out on all the potential profit. I had my BTC when it was worth $1 thousand and I had it when it was $20 thousand. This is an insane growth in value and spending wouldn't allow me to profit.
You can lose 30% of your wealth in one day, but only if you buy at the top of the bubble. Don't compare a centralized shitcoin that XRP is to Bitcoin. It's apples and oranges.
February 01, 2020, 09:30:31 AM
But my question is why do you want to keep increasing your bitcoins? I use bitcoin as a flowing water. It keeps coming and going. I earn money in bitcoins, I earn profits through bitcoins, I sell my bitcoins, I spend money on comforts and this keep on going. What is the fun in holding coins for indefinite period? You may be millionaire one day and may lose 30-40% of your wealth the other day. Ask Chris Larsen about this. He became world's 5th richest person when the price of Ripple crossed $3. But what about present? He's once again out of top 20.
So better keep spending your cryptos rather than accumulating them. Enjoy your life and maintain the decorum of cryptocurrencies as a currency.
So better keep spending your cryptos rather than accumulating them. Enjoy your life and maintain the decorum of cryptocurrencies as a currency.
February 01, 2020, 09:16:00 AM
Smart and responsible trading can be the best option to increase Bitcoin amount but investing Bitcoin in an investment platform is not a good choice in my point of view because I think most of investment platforms don't pay regularly they left out when their bags filled with huge amount of Bitcoins because it's a part of their strategy.
February 01, 2020, 08:34:05 AM
Trading is the simplest way to make your BTC holding an increase. It may have some risk when you are just a newbie. But yeah, investing has some risk the same with trading, but hearing your story, I think, trading would be the best option for you, you control the risk, and it can be lower if you study and make your trading skills level up. I highly suggest that you should start practicing trading now by a small amount and increase your time as time passes by.
Personally, if I own a decent amount of bitcoin, I would start a business, and of course, I will continue my trades. Business is the no.1 way to increase not just your bitcoin but your overall asset, it can be risky, but if you have a shot, you will be an instant millionaire. So start building your business now if you have a good amount of bitcoin/money.
Agree, with a decent amount of bitcoin, we can build a relatively decent business in real life and the owner is us, if we have the full knowledge and mind of an investor, the amount of money we can earn is enormous after that, we can divert a portion of the profits back to bitcoin, more precisely, we return to the crypto market and become a part-time trader. That is the best way to grow bitcoin and not waste anything else, don't let all bitcoin stay in this market for too long, it's too risky and not as safe as a real business Personally, if I own a decent amount of bitcoin, I would start a business, and of course, I will continue my trades. Business is the no.1 way to increase not just your bitcoin but your overall asset, it can be risky, but if you have a shot, you will be an instant millionaire. So start building your business now if you have a good amount of bitcoin/money.
February 01, 2020, 07:55:14 AM
one of my usual jobs is trading the btc / usdt pair, when the bitcoin price goes up of course I will take profits, if the bitcoin price goes down I will keep buying, so I will always increase the amount of bitcoins , because I'm sure the future of their prices will be very high, now just hold as much as possible
This still depends on how much you have.
Unlike you, there are a lot of peope here that can't afford to invest that much. If you can't afford investing a lot then better trade to other cryptocurrencies too not only on Bitcoin. If you have the chance you can just trade that crypto back into Bitcoin.
February 01, 2020, 07:49:46 AM
Trading is the simplest way to make your BTC holding an increase. It may have some risk when you are just a newbie. But yeah, investing has some risk the same with trading, but hearing your story, I think, trading would be the best option for you, you control the risk, and it can be lower if you study and make your trading skills level up. I highly suggest that you should start practicing trading now by a small amount and increase your time as time passes by.
Personally, if I own a decent amount of bitcoin, I would start a business, and of course, I will continue my trades. Business is the no.1 way to increase not just your bitcoin but your overall asset, it can be risky, but if you have a shot, you will be an instant millionaire. So start building your business now if you have a good amount of bitcoin/money.
Personally, if I own a decent amount of bitcoin, I would start a business, and of course, I will continue my trades. Business is the no.1 way to increase not just your bitcoin but your overall asset, it can be risky, but if you have a shot, you will be an instant millionaire. So start building your business now if you have a good amount of bitcoin/money.
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