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Topic: You own a decent amount of Bitcoin, How would you increase it - page 4. (Read 1173 times)

Wysi

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Quote from: ?? on ??

There are actually many options if you want to get or increase your bitcoin and you have run to increase your bitcoin by investing. If your bitcoin isn't up yet at the moment then you have to wait for it to reach the highest price. Besides investing, I also trade and take part in bounties to improve my bitcoin

I think trading is the only way to increase bitcoin or need to invest in newly launched potential coin before it hits the market, it when the value will be high once it hits the market and covert it into bitcoin, or else you can earn bitcoin by offering services like graphic designing or if you are a developer then offer your service in return of bitcoin. Because hodling requires a lot of patience.

Aying

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Many ways and dont waste it. take part on several task that earn bitcoin is the best option and if you have skills wherever you can add it on trading. best choice to add knowledge on trading and become strong so you can avoid any kind of predictions. for now lets hodl and release it on bull market. just observe for now.

SaShiRaJaVu

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Quote from: Kakmakr on October 24, 2019, 01:39:09 AM

I do not believe in all these so-called "Bitcoin Banks" but I did deposit some Bitcoin into Freebitco.in where you get daily interest on the money that are deposited onto their platform.

May i know how much you have risked in freebitco.in, i know it is a trusted site since they are running for a very long time but i am not sure about their profit they earn annually and since you invested in it you might know the profit they are making.

Quote from: Kakmakr on October 24, 2019, 01:39:09 AM
The only reason why I did this was because I use the interest to buy lottery tickets and a little bit of gambling on the site and also because the site has been around for ages.
I logged in sometime back to see the gambling page, there was nothing much of a selection but a selected few events.

Quote from: Kakmakr on October 24, 2019, 01:39:09 AM
The Bitcoin would not have earned any interest if it was just laying dormant in cold storage and I would have had to use my own bitcoins to gamble.
There is no interest if you are keeping your coins in your cold storage but i have the complete ownership of my coins . I have seen some exchanges giving out interest but i do not trust them.

Kakmakr

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Re: You own a decent amount of Bitcoin, How would you increase it

October 24, 2019, 01:39:09 AM

#80

I do not believe in all these so-called "Bitcoin Banks" but I did deposit some Bitcoin into Freebitco.in where you get daily interest on the money that are deposited onto their platform.

The only reason why I did this was because I use the interest to buy lottery tickets and a little bit of gambling on the site and also because the site has been around for ages.

The Bitcoin would not have earned any interest if it was just laying dormant in cold storage and I would have had to use my own bitcoins to gamble.

Wintersoldier

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Re: You own a decent amount of Bitcoin, How would you increase it

October 24, 2019, 12:21:43 AM

#79

Quote from: agentF on October 21, 2019, 10:41:43 AM
I'm long time around, There is no possible way you can profit from Trading unless you got an inside tip.

I don't believe anyone who's saying he make's profit from trading. Whales can manipulate the market/coin and if you quick enough you can catch the pump, but on the long term, you most definitely will lose your money.

If you haven't experience trading, then you ahould verify first because not all the whale are just those who can earn from trading. There are ehat you can call a day trader, wherein we trade and check the market, then conduct a market analysis of the trend. We earn profit not by one one crypto but for utilizing other altcoins as well.

hello_good_sir

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Re: You own a decent amount of Bitcoin, How would you increase it

October 23, 2019, 11:40:23 PM

#78

I wasn't very active in the crypto-currency sector during the ICO boom period and I didn't really take an interest in crowdfunding so I avoided that entire mess last year.

If you want to make fiat profits, you can do fine by just holding and buying bitcoin's, I personally sold a lot during the peak period and bought back up when it got dumped (this netted me a BTC and a fiat profit though to be honest).

For Bitcoin profits, you can try doing lending based ventures, etc. Good luck!

michellee

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Re: You own a decent amount of Bitcoin, How would you increase it

October 23, 2019, 11:26:46 PM

#77

Quote from: agentF on October 21, 2019, 07:41:59 AM
So how would you increase your bitcoins?

I think the only way you can increase your bitcoin is by trading. You can trade your bitcoin with altcoin or fiat, so you have a chance to get a profit in bitcoin or fiat. Many traders are trading with their bitcoin too, and now, they still trying. And I guess that many of them are making a lot of profit from the traded. You can follow their way too if you think you have good skills so you can be expected to make a profit too. But don't chase the profit if the market is unpredicted because that will make you lose the bitcoin.

Niya

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Re: You own a decent amount of Bitcoin, How would you increase it

October 23, 2019, 02:08:48 AM

#76

Quote from: agentF on October 21, 2019, 07:41:59 AM
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?

Trading and gambling are among the most used methods to grow Bitcoins nowadays. But they are both quite risky and dangerous if you are not skilled enough. So my best suggestion would be to first study and then practice on a demo account or with low amounts of money. Then, when (and if) you will become more experienced and skilled, you will be able to invest your Bitcoins properly and make them grow.

yulionoo

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Re: You own a decent amount of Bitcoin, How would you increase it

October 23, 2019, 02:04:15 AM

#75

to increase bitcoin I followed a signature campaign. and also trade altcoin. but unfortunately the altcoin market is currently bad so now I rely on the bounty campaign to add to my bitcoin. when I get a gift token I will sell and then I buy bitcoin. or if I have more than my salary from my professional job. I will use it to buy bitcoin. currently the $ 8k bitcoin price is a great opportunity to continue to add to our bitcoin. because many crypto experts predict bitcoin will pump in 2020.

nreal

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 10:22:56 PM

#74

I realize you're interested in saving BTC and getting interest but you're worried about safety. Currently the leading exchanges like Binance and Okex both have lending function, they will use your BTC to lend to others and pay you interest, usually less than 1% a year. If you are a long-term holder, this is a good way to increase BTC.

AliMan

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 09:51:36 PM

#73

Quote from: Ashong Salonga on October 22, 2019, 08:13:45 PM
If I have given a chance to own bitcoin, I would hold and keep it. I will wait until the price gets high again. In this way, I could make my bitcoin doubled price. Hopefully, next year, bitcoin will regain its powerful price.

There always a chance which most people ignored, and while btc goes down until $8k; this chance must be imbraced. The opportunity gives us hope to form a strong foundation on the holdings that we had. Buying bitcoin this time while the price is right, that would be a potential gains in the future which provides us enough income to satisfy our trading goals. Growing your asset really needs to be stable, and owning it can be done though saving every time you'll have the opportunity to top up the quantity of your holdings.

Ashong Salonga

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 08:13:45 PM

#72

If I have given a chance to own bitcoin, I would hold and keep it. I will wait until the price gets high again. In this way, I could make my bitcoin doubled price. Hopefully, next year, bitcoin will regain its powerful price.

Yaunfitda

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 07:31:20 PM

#71

Quote from: agentF on October 21, 2019, 07:41:59 AM

So how would you increase your bitcoins?

Trade.

If might take some time for you to learn it through, and you can also lose a decent amount of BTC in the beginning, but I think this is the only methods that will likely give you a good returns specially if you have learnt it the right now. And this crypto trading is a journey, so you won't get bored and it will make you money regardless of the cycle (bearish/bullish).

Eugenar

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 07:10:59 PM

#70

Quote from: agentF on October 21, 2019, 07:41:59 AM
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?

In this case the most effective way to increase your bitcoin and other cryptocurrency asset is to risk it through trading. Trading basically will give you profits based from your effort and knowledge on the market. Try to learn how to conduct a technical analysis of the situation, in order for you to predict the graph, and to do a fundamental analysis to verify your short term market prediction. I would rather not to advise trusting third party for time interest no matter how big it is as it is for the safety of your funds.

Ailmand

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 06:38:26 PM

#69

I have a full-time job where I earn a decent amount of money, so most of the excess from my salary went to bitcoin and I invest timely whenever the prices go down. And in my free time, I still find time to do bounties where I earn extra crypto and hold it. There are actually a lot of ways to grow your asset. I often trade since I know it is not my forte, and I don't have much time for it.

MathGame

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 06:29:36 PM

#68

No. I don't think IEOs, HODLing, or Bitcoin Bank is a solution for you if you are keen on increasing your bitcoins. If you are really interested in increasing your bitcoin you should learn to trade altcoins. I know some bitcoin wallets are giving annual interest such as CelsiusNetwork and Nexo but trading altcoins give more profit if you master it.

pixie85

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 03:40:52 PM

#67

There are safer and more dangerous ways to get more BTC. Safe ways are working for it, trading things for it, participating in a signature campaign.
More dangerous ways are trading or investing in safer projects like casinos and exchanges
Even more dangerous is gambling and trading with leverage.

In the end the choice is always yours we can only give you some options.

Shasha80

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 01:24:56 PM

#66

The most effective way to increase the amount of bitcoin that we have is through bounty hunter, trading and investment. These three ways
each has its difficulty level. We discuss one by one, the first let's talk about bounty hunter. By working on it Our bounty hunters will be paid
tokens / coins, but the problem is that it is now rare to offer bounty hunters with good pay. Most pay with tokens / coins that are not useful.
The second is by trading, we can do this at any time. But the obstacles are trading we must have high skills and also must be diligent in doing
research and analysis of coins not making money but the possibility of losing money. And the third way is by investing. This is the most
recommended way because it does not require a lot of work hours and no high skills, it is enough to have a little knowledge about cryptocurreny
and be diligent in reading news. So you can choose good coins for investment, after that just waiting for the target sell is reached. One obstacle
is only have high patience.

Pearls Before Swine

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 01:11:16 PM

#65

Quote from: agentF on October 21, 2019, 07:41:59 AM
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.
First of all, sorry to hear that you lost all that crypto this year. Obviously you picked the wrong investments, which is really easy to do these days.

You seem to want guaranteed income on a crypto investment, but I've learned over the years that there is no such thing and anybody promising that is likely to be a scammer. To date there haven't been any so called crypto banks offering fixed interest rates on deposits like you would find in a real life bank using fiat currency. Don't expect to find one anytime soon.

My suggestion is to convert whatever altcoins/tokens you have into bitcoin and just hodl on tight. Bitcoin is going to rebound in the market and will eventually climb higher than it's ever been before. I would not try to increase your holdings by actively trading/lending/whatever, because all of that is more risk than you probably want.

doomistake

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Re: You own a decent amount of Bitcoin, How would you increase it

October 22, 2019, 01:03:10 PM

#64

In case you are getting bored in holding your funds in your wallet, why not do this:

- turn some of your bitcoins in fiat
- start even a small business, and if it is gets better make it big
- when you're earning big, invest some of your profits in cryptocurrency

and yes, you're not bored anymore, but remember to have a plan when you're going to start a business, don't let your bitcoin go to waste for nothing.