Bitcoin Forum

I was able to make 4 BTC within one year now , I'm not sure how good or bad this is in your opinion but I can deal with it and I'm happy .
What are your suggestions for me ? I'm not really interested in gambling and wasting my money so keep these kind of suggestions away please and tell me if I'm on the good path or not ;D

Not bad. How did you make them? Through services?

I would say hold on to your coins and wait on the increasing price of bitcoin :D

That's pretty cool. Did you make them with the altcoin "stock" market?

I could have made 1.6 btc in my first year but I got greedy and watched my small fortune disappear in front of my eyes.

I don't know how you earned it, if it should be just be signature campaign I think this is a good outcome.
However I would keep those coins.Put them in cold storage and safe it for the future.At least the biggest part of it.A minority you can use to spend if you want. And continue accumulating Bitcoin.You won't regret it! ;)

Quite the accomplishment. Well done Omegastarscream 8)
Most people try to make 1BTC in that time frame but struggle to do so.
But for those 4BTC how many hours did you put into getting them?
Mining I would imagine would be part of it.

congrats to you! can you tell us the details how you made it, it will be interesting as long as we able to do the same as you.

Great job!  My advice to you would be to keep doing whatever it is you're doing and take what you've learned during that process and put it to use.  No doubt you've learned a lot....don't let yourself get caught up in any risky investment schemes....you're doing great.

Wow. That's great for you. Any profit is good and earning 4 Bitcoins in a year is really good. My suggestions to you, if you don't like gambling, then you should get into a good signature campaign. If you like stocks and shares then you should use those as well as they are good money makers. Also, keep up the good work.

For those who are asking how I made them , it's from mostly selling stuff or doing services and little bit from signature campaigns and no it doesn't include any mining .

This HODL advice is the worst you can give.  The bitcoin price will rise only when people start using it.

4 BTC within one year? That's pretty significant to say the least. I've checked the various Signature Campaign threads and one can indeed gain a considerable amount of crypto per year with activity level of Member and higher ... !

the most important is you are happy with it. 4btc is a very nice amount, especially when you have the long term target in mind. just hold them and you'll be fine. once the price starts going up again, your coins will go up in value, which makes holding an investment already.

That's a 100% increase not bad. Counting in the stock market 16% - 25% is outstanding.

My advice is to take 2 BTC apart and use the 2BTC profit to do your trick again.

Remember, don't be greedy. In the end you will have to take loses (trust me, i experienced it the hard way)

I can say that you're on the right track.. Any BTC is better than no BTC.
I remember the days when I had 100+ BTC and I was actively using, spending and exchanging like a happy clam.

Now recently I have just hit a huge milestone, stepping over the 1-BTC mark and I'm extremely happy.
At the rate I'm earning I will probably earn 10-BTC this year.

Hopefully that is the case, and if I could make a suggestion the only thing I would say is "Take every opportunity".

Is the 4 btc your profit or revenue. If it is profit, then big congratulations. If it is total revenue, that works like converting fiat into bitcoin. It  is still good though.

I would like to know how you made the 4 BTC.  :)

see thats how he made it just read please.

did you do the same with your coin, that were able to purchase to you the house? or you was in hold mode too, i can smell the latter

i think that if you have a very low amount lie OP you must hold, because right now it's very difficult to acquire new bitcoin without buying

spending them on useless stuff it's not a good thing imho

From charts that I have seen, only about 5% addresses have between 1 to 10 bitcoins. This might even be less, if you take into account that many people split coins into smaller

groups, but are owned by the same person. So it might be acceptable to say .... " Welcome to the +/- 5% people who own more than 1 Bitcoin "

I would go for a 50/50 split and use 50% of your coins to invest into other Bitcoin projects and hodl 50% for future savings. Congrats!

Greedy about what ? I just said I'm not going to gamble so I don't see where I'm supposed to lose them (unless I spend them on something) and there is no trick , it's only what I mentioned earlier (services and selling stuff)



It's profit and not revenue , I don't buy BTC most of the time . (I buy when I have Paypal money which is profit too so ... yeah profit )

You are on the good path, mate! Congratulations!

4 BTC, wow! I have only 0.5 so far. I'd suggest you to keep it up!

And you are right btw that you are not going to gamble your coins away.

Congo for achieving that 4btc mark but how did you got to them . I could have figured the money by the way of gambling,but since you dont like it am still figuring it out how?

You cannot win consistently from gambling. It is a risky business. The house edge will make sure you do not win eventually.

Gambling is not a business.
And approx 90% people loss their money on gambling. The 9% rest will loss their money later.
1% is house edge who keep winning from all 99% money.

The chances to earn the same amount next year are less.
Because i think that the price of bitcoin will be increased.
And about the source OP has already mentioned that he earned those from mostly selling stuff or doing services and little bit from signature campaigns and not from mining.

Isn't it quite the opposite? If less people are using it then less BTC is in circulations therefore price will rise? If more and more people would use BTC then it means price would stabilize but not rise.
Isn't it the whole idea behind "the hodl" thing? Note: I am not a fan of 'hodling' myself.

That is great. 4 BTC is equivalent to some $1,500 as of today's exchange rate. Getting that much money in a year, just from part-time work is commendable. Now the important point is to store your coins safely and securely, and to increase your holdings. Never become greedy and fall in to any of those Ponzi or HYIP scams.

I would stick to just holding it as we are less than a year away from the block halving. After that, if the price has gone up considerably, you can just sell to take your profits or buy something cool with it.

good news!glad to hear that

we are already using bitcoin and then what? it goes down. more frequently using bitcoin and it's still go down. your easy talk is not proven. holding bitcoin as many as you can, sell it as high enough! you can earn 4 btc with only trading bitcoin/altcoins as op did.

Invest them on some "reliable" corporates, like genesis-mining, hashnest etc.
Well since you don't like to gamble, then don't play, invest on those gambling sites.

Congrats!

If it took you a lot of time and effort to make, do NOT gamble it away :)

waste of time and money, cloud mining have a long roi, and everything can happen in that time where you wait for your roi

i'm not saying that they are not reliable, but the long roi will kill it

Invest an a "trustworthy" source. No, I'm not talking about a ponzi/HYIP, i'm talking about Bitcoin. I feel that BTC is on an uptrend, but it can still fall. Hold your bitcoins until a sharp rise. I tell you this because bitcoin is in a bit of a bubble right now. If there's a sharp price increase, it's a warning that a pin's about to strike the bubble.

I'd also recommend not to invest in cloud mining unless there's a really good reason. These sites are usually ponzis, or just have to close down. Currently, I only trust BIT-X, but I also have my doubts.

You can invest in BTC, or just invest in a bank. I can't do that right now with the crappy interest rates in my country. Stupid banks.

Good job! Congratulations on another BTC! I always spend my bitcoin, so I've never hit more than 3 BTC in my wallet at one time. Maybe once I had ~20 BTC for a quick transaction but that's it.

I'd say to play it safe, you've made alot already and to just hodl and keep your Bitcoin in a cold wallet. Then again, you could gamble, but you've already said you don't want to do that ;D

I am also just like you my brother collecting coins with hard work. I have earned around (0.50BTC) till now but spended lots of them to increase my bitcoin earning source like Doing signature capaign,opening faucets, going to open one bitcoin related service in future. I am good at coding and running sites, so thinking to provide my service for bitcoin in near future also. I will be happy if i could make that 4BTC like you in one year time. Just save it bro till upcoming halving and you can do whatever you like to do after seeing the situation.

It cost a lot time and dedication to collect and save up your Bitcoins, but it all can be gone within a day if you make the wrong investment decision. I will advice you, as other people also did, to hold your coins firmly. Now is accumulation time. After the block halving it will be much harder to collect precious Bitcoins.

Exactly this. There are just no good investment possibilities at the moment. Hold on your coins and keep earning some extra ones if you can. But don't invest those into anything!

I also think that earning coins in the future will be harder and harder. Everything was much easier and better paid last year than this year. Trading, signature campaigns, everything.

Good luck!

All you can do is either sit back and relax with your coins, wait for the price to pop up and sell, or you can just go ahead and invest at some places you already might be knowing...
There are many trustworthy cloudmining sites if you are interested in long-term profitability, else you can do what you are already doing and grow them...
The path you have been talking about, it's great if you ain't gambling at all with your coins and making them with complete dedication and work... :)

Ye thanks for the suggestions however I wasn't going to do that either so ... , I really like mining with physical gears and stuff because it's fun but Cloud mining is just useless if you ask me and that's only my opinion

Good for you OmegaStarScream! I imagine you must have run a hard sig campaign to have earned so much in a year. Try to keep a majority aside for the halving and in the meanwhile you can take a chance of increasing your BTCs by using a smaller portion for trading.

Hello there! I'm going to reach my 4th BTC soon ;D I used to mine CPU coins and play around with ponzis as well as many new alt-coins. Now I focus on earning with my campaign ;D

Nice! Good job

4 btc is not too bad, did you mine them?

here's to another 4!

Mining 4 bitcoin is quite difficult. He earn them by selling goods and services.

correct, you need 100 days with the most efficient miner out there, which will cost you almost 8 btc

they think we are stupid, if instamining is still working you cna try that way, or with pos coins also, at least they are free...

Now you are on the right path. Just keep hustling for more, put a long term goal of 10 BTC. 2 figures just sounds really nice to own, and a great amount to sit on long term. So forget about daytrading or gambling or anything, my immediate advice would be just hold i, I don't see anything clear investing BTC at, including the "big alts" like ETH, XMR or MAID.

Yes I agree about investing. Ethereum is worth trading though. Look at the swings that this thing is making and they look like perfectly planned pump and dumps. It seems to me that there is money to be made there, you just need to wait low enough in order to enter the market.

You could start a lending business with strict collateral rules as mentioned in the lending section.People follow the rules and the do pay you back so there is good chance for you to double your money.

In fact (at least how I see it) , selling stuff when Bitcoin price is low is better then selling while it's high . I will give you an example :

I want to sell something for 300$ now and the price of BTC is (150$ per BTC right now) , that makes it 2 BTC
Or I can sell it when the price of BTC is 300$ per BTC and only get 1 BTC .

So because we have to make USD conversion , It's better to sell while price is low if you are planning to keep bitcoin for long term like I'm planning  to do so yes ... earnings this year may be lower then last year;


I'm not planning to get interest from people , that's just not how I work honestly , thanks for the suggestion though .

Earnings may differ based on what price you want to buy BTC or sell your stuff at, what you gain with that stuff, etc...
Many factors to be seen, but yeah, it's a completely new way of looking towards BTC to earn it...

You said we need to wait for the price to go low enough before we enter the market. But how low is low? I always have this question and lost many opportunities.

Its very good I also done and reach 2 btc in less time but greediness give me good lesson and I lost big amount in alt coins trading you need to keep for rise in price then you can sell this for good profit

This is partially true. Adoption grows as people use bitcoin (and then more people are exposed to it and start using it, etc.) I guess the long term appreciation comes from using your bitcoin now. But technically if you sell your coins you are supporting a lower value now (because you're willing to sell them at whatever price is available now rather than holding for a higher price.)

Congrats on your BTC4!

I'd think about how much time and effort you spent earning that much 'coin and determine if you can do it faster or earn more with the same amount of effort. There's probably some efficiency you can gain. Good  luck!

i think if you try to make more that will be a good idéa save what you have and make more or you can invest them in btcjam with A+ Borrowers and make a little profit it is better than staying in your wallet ;) but if you don't want to have even 1% of risk so just make more bitcoin and wait for the price to go UP :P

yes but sir if people have collateral they usually just sell for the money they need ;)

No, that's the idea of colleteral. You don't want to miss the item, you need it still or want to keep it for some reason.

You put it as colleteral in case you cannot get enough money to pay back the loan. In that case, you lose your colleteral, which is something you don't actually want (also, because the colleteral should be worth more than the loan you are asking).

That is awesome that you got your 4th BTC.

Well me I don't have yet, but i planning to buy one.

if you think about it it's really easy to earn bitcoin in the way he did it, because he basically bought those coins, selling stuff for fiat and convert in bitcoin would have ended in the same way

the hardest part is acquiring bitcoin directly

4th BTC damn is so much money for me atleast xD.

So 4BTC = 386 * 4 = 1.544 with that I can buy a good game pc.

That's pretty good, but it depends on how you've earned them. The relative effort and risk involved in earning them could be a factor to determine how well you've earned. Like if I were to earn alone by lending i'd earn more, but the risk involved is also high for which 4 BTC is pretty good. But if you had invested already existing funds to earn more Bitcoins by trading, then it's okay.

I really know what to do with 4 BTC - you can send me 1 BTC, and then I will tell you exactly what to do with 3 BTC  ;) You can have constant profit all year ahead  :)

Actually it was bitcoin directly (from selling stuff) because most of the stuff was digital and I always ask for people BTC as payment method. It's not that hard when you sell on Bitcointalk/Leakforums/HackForums or somewhere else where bitcoin is known .

ah well kudos to that, i thought you sold for fiat and then bought bitcoin, for me it was not hard when selling mining equipments for bitcoin, but with random stuff, it seems that there is not enough demand in the market section

high ranked accounts are quite costly. especially if they have good to excellent post quality. bit-x had one of the best, if not, the best rates before the price peaked to $500. they have set lower post rewards now. with old rates you could make your money back easily in 2 or 3 weeks. but right now it can cost a good bit of your time to earn it back.

Yes. I also think that signature campaigns are going slowly into oblivion. Very soon it won't be worth even to be enrolled in one, if you look how the rates have been decreasing historically.

Not to mention that I am completely against buying an account. One should open his or her account and build it slowly while learning about Bitcoin. That's why today you have many hero members that are posting crap since they have bought an account and don't know thing about Bitcoin.

Do you think it is a good advice to persuade him to attend signature campaign. It does earn you some bitcoin all year around.

thats a milestone 4BTC OMG good for you

thats really good imo, im also just getting started with bitcoin and currently only have like 0.05 but soon ill get upto the high numbers.

you're definitely on the good path.

Hello I can see that you are earning with signature campaign ;D do you earn your 0.05 with it?

It is quite difficult for a new full member to earn 0.05 bitcoin by writing posts. The rates for a full member is only 0.0005 per post, for a junior member is only 0.00025 per post.

Yeah, just invest in this great new cloud mining company...we'll take care of you! daily payments! Hahha..just kidding Hero.

100 posts are not that much. if you're lazy you could do that in a single month. Don't go spamming though ;D think and or read a bit before you post. Give your post a meaning.
However in making bitcoin. I just transferred BTC0.1 to poloniex. I've been watching a price of this alt for the last month by now. I think I'm ready to put money in it. We'll see how this goes. One step at a time.

I'm wondering if you made the 4 BTC from scratch or did you have some kind of investment to start with?

Either way it deserves a celebration!

Nice! Personally if I couldn't find any good investments I would simply leave it in my Bitstamp account with a sell order at like around $500 or something. The idea is of course to buy back at a lower price later. And if BTC doesn't go back down, well I would still have made some nice money on top of my original amount  :)

You're the one who made 4 BTC and you're asking others for suggestions who basically didn't make anything close to that? You should be giving advice on how to make BTC instead of asking what to do with it. My suggestion would be keep doing what you did that help you earn 4 BTC, you seem to be good at it, why experiment other things? Keep doing what you're good at.

Oh First Of All A hearty Congrats to you for your Great earnings..
I would suggest you to celebrate some amount of money with your family and start a giveaway thread in Games and Rounds section on this great happy occasion )))
And for your future trading Be safe and trade the in the same way  otherwise you know it takes Millions of days to earn some but it can usually take only a second to loose all that u have earned ))
Good luck for future )))

make 4 BTC in the one year it is very quite good, just like I could make 5 BTC or more in one year of the signature campaign and trading. you can try to play trading :)

wow I was very impressed with you dude
i think 4btc in one year is very good, the best thing is you do not do gambling. i think you're in a good path  8)
thanks for inspired me

Making 4BTC in one year is very impressive.

I wish I could also do that but yeah I am not such a active person with BTC.

Congrats. I hope one day you make 8BTC in one year XD

Well I am still hoping that BTC increase so goodluck to us that btc will grow :D

First of all CONGRATS! I think that this is a great achievement.
I would have about half of that if I wouldn't have tried my luck "investing" in some altcoins. For now that didn't pay off so I try to also put aside some bitcoin.

Suggestions? You should hold at least half of them. And the rest you can invest.
I think that investing somewhere (a gambling site maybe?) could pay off.
Or you can do lending in this forum.

Wow 4 BTC is quite good.
I have found a system where you could get free Nxt just by Internetsurfing in a so called surfbar.
www.nxtcoin.de
Just oben it and the system runs and creates Nxt. A little bit like mining Nxt  ;)

Hum... this features got long ago when I used it and it wasn't worked at all. However I think that this won't pay much at all ( just gonna use my vps to rape it LOL)

That's really good!

Keep working on it and keep doing what you've been doing.

If you can trade/sell make sure to you make at least 100 precent profits on top of it

If you have 4 btc than you can easily earn more than 10$ per day doing day trading. I suggest you to start day trading.

It's just that I'm not that good at trading (at least not with the exchanges used these days) , also I'm really against all what exchanges are doing (asking for personal information's such ID & passport etc... ) this for me defeats the whole purpose of using bitcoin in the first place;

make 4 btc within a year i think this is a good start and i know you don't like gamble so i suggest you stay away from it and find the safest way how to earn more than you have now

And what will happen when OP should be a absolutely noob in day trading?
Instead of earning easily $10 the possibility to pay dearly is quite high.
Not a good suggestion.