Bitcoin Forum

I have 0.016BTC.
How can I multiply it and make profits?

im sorry, its too low when you try make profit with 0.016 btc when you trade/invest it,you need more btc to make it higher profit. My advice is you need invest/trade to altcoin like ethereum or other(but be carefull to the other scam altcoin)

Either:

• Trade with it
• Gamble with it (not recommended)
• Hold on to it longterm (0.016 is such a small amount though, I suggest holding a bigger amount)

Unfortunately 0.016BTC is kind of a small amount to do anything else with it.

P.S. Do not deposit those BTC on those scammy investment sites.

Trading is not recommended unless you have some previous experience.
HODL(ing) is always good option.

Alternatively you can
1 - Invest in casino bankrolls (see my signature how such investing works)
2 - Lend your BTC to others (in LENDING SECTION (https://bitcointalk.org/index.php?board=5.0) or using exchanges like poloniex, bitfinex)

You can multiply those 0,016BTC although you'll probably need a lot of patience. You could pick one or more alts that have an interesting roadmap ahead but have not yet exploded in price. Though do realize that promising coins doesn't guarantee you an exploding value! There's also a method (read it some days ago here on BCT) that could yield profits much quicker but also is quite risky. Bottom line is you're seeking out coins that are shooting up in value right at that moment, jump in, and set your selling value 5 to 10% higher.

put it into a very cheap coin with a future and wait.

we can`t tell you what to do, its the same if you go on the street and ask some random guys what to do with 100 bugs ???

0.016 bitcoins are less than 110 dollars, you can not do anything with it, only to try to make some profits from it by dailytrading, but it is difficult because all the altcoins are having a bad month.
You can make 1% - 3% a day if you are smart enough, but it is difficult if you dont know how to trade, so be clever and dont put all your funds on the same coin while you are trading.
It would be much easier if you had previously knowledges from forex or any other trading situation.

Dont be discourage by what others is saying I started trading when the price is .030btc for only 30usd. But now it grew for a couple of times. Try trading that BTC in poloniex. To avoid further damage learn first how to trade.

trading is not gambling you can not multiply youre capital money fast
if only low capital money, return is low too, if you want high you can play gamble

altcoin trading can potential high return , if low capital money you can find coin with cheap price, dogecoin or more, alternative you can trading in forex

Your amount is too low for trading.But you can buy waves for long term.Because It is undervalued coin. Only for long term.Also you can hold your btc. but don't invest in hyip,ponzi or revshare to make easy and high payment. you will loss all of your money :)

You make me feel ridiculous, if someone can help you make a lot of money, I think that person is yourself. It is a small amount of money to invest and make a profit, instead of asking others, learn how to make a lot of money by your ability.

Maybe he was drunk, and lost in gambling.
nothing can be done even if the profit is 100%.
with small capital then the profit earned is very small. I doubt you are a trader. ;D

This is too tiny amount for trading with it. Even if you make continuous wins in your trading predictions, the profits will be less. There are two ways to multiply it, either try trading or gambling. If you come across a life changing opportunity, then probably you can make a big out of it, but not as a normal scenario. Instead try to work for bitcoin, join a signature campaign to earn more bitcoin hold for long term.

Let's start trade at Bittrex, I think this place is right for you
In the past I was like you, with 0.03 and I succeeded in making it 0.26
And I'm still trading, so I want you to think that 0.016 is a small number, try to trade, you will earn money from this market.

Well, since you starting amount is so small, you do not have many options...

Your first option is to trade the amount that you do have (I would recommend that you use Bittrex. They charge a commission of .25% on each trade which is nice since you cannot afford to pay a fixed-amount commission).

Your second option is to lend you money to other people. This may not be your best option because of the small amount of Bitcoin that you have (you will only be able to have one loan at a time and it will not provide much profit).

Your third option, and least recommended is to gamble it. You should know the risks of this option...

Good luck and stay safe!  :P

Your capital is not enough for trading. You can earn a little amount profit by day trading but it is so difficult for a new trader. In this case, you should know the trading system very well for increasing your profit. Otherwise you will get a huge loss. I think you can hold it for long time by converting on promising altcoin.

It's good to start small amount to test your strategy and build your confidence. Choose a altcoin is also a great buy at 5 or 10 Satoshi,  hold and wait a chance for you to sell your coins for a profit.

It is difficult to trade if your investment is small. It will be intact before you double it. But if you can only safeguard it because it's easy to just swallow those losses from falling. So you should learn to trade first because it definitely will lose that investment if you do not know what to enter.

Do not care if people are throwing you down. I am starting to invest in BTC in this same amount as you. And my bet is to invest every month around $ 100.00, half I left in my wallet in BTC, and another half study an altcoin to invest in the long term.

I wish luck to you, friend.