Bitcoin Forum

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).

You didn`t post any proofs about your earnings/holdings,OP.If you really have earned 700$ for 2 months only with your online skills and with cryptocurrencies,this is awesome.It`s very risky to hold all your savings into one altcoin.Maybe it will be better to diversify the risk,by buying other altcoins and btc as soon as possible.
I have around 880 USD worth in bitcoins,365 USD in my paypal and around 300 USD in various tokens and earned them for about one year.I guess i`m not that good as you are. 

This is cool and i have to congratulate you in the first place since you are doin well with your bitcoin and i hope that you will achieve all your goals in life. Will wait for your update and keep this up for you to inspire more people here in the forum.

this is cool and all but since you are already doing stuff online (all micro jobs with micro payments) and say you don't have any special skills, then why not try and acquire some skills? with those skills you can earn a lot more and then use a much bigger capital for your investments.

in any case i have been using somewhat the same strategy as you. unlike you i started with dumb methods like faucets :D
but my luck was that i started when price started with $400 and went down to $200 so i had a pretty good low start to make larger amount of bitcoin. then entered some of it in trading with small amounts and built it up to bigger amounts.

these days with high bitcoin price it may seem like an impossible task to make that much from trading compare to 2014 but also these days there are A LOT more opportunities for altcoin pumps which were not as much back then in my opinion. these days you can see at least 2 altcoins getting pumped per day and that is possibility of large profit every day.

Nice hearing about your journey to 1 BTC. I am curious why do you choose to invest in one altcoin than diversify the risk into a few altcoin?

Good luck and I hope you achieve your target of 1 BTC soon.

I don't really care on how's your journey to get your 1 btc. The one that makes me feel high is..
When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).
I convince myself to start put some money to buy waves on exchanges, but I still didn't do anything. I only see the chart and rumours and news about waves. Damn, I have to start make decision like you to get my 1 btc through  waves.

This isn't that of a great strategy of your goal is to increase the amount of held BTC. Reason being that all altocins have a high correlation with Bitcoin. When BTC rises, they follow. No alt outperforms BTC bya great margin because of that. 1000$ is now less in BTC than what it was a year ago for example.

Also, instead of investing time into risky penny trading, you could invest some time in actually learning something you can market on the web.

Actually its quiet easy to get that goal achieved now a days because so many options are available now to earn the bitcoin. With the campaigns and applying your skills to the bounty programs people are earning more than 100 dollars per day (altogether). This is not just coming out of the thin air but its the truth. The trading of crypto is really helpful when we set ourselves with the big goals like this one. Because they are real potential to grow faster than any other stock market or entity. Just look at the bitcoin how it is growing with the time and your goal could been half way round if you would have invested into it in the middle of this year with your signature and alternative ways of online earring without paying a dime from your bank account. Things are possible we just need to spend lot of time over the crypto world.

Were proud of your achievements sir. Congratulations in advance on your journey even if it is long way to go to reach your goal. Hard work and dedications pays off. You had a good strategy in growing your money. What altcoin are you holding right now? Its very risky to trade in alt coin nowadays unlike before :(

You have been doing a nice job, i mean, you did not knew anything about how to earn money and you just turned 0 dollars in more than seven hundred dollars, this is a good example for those who really want to make money but doesnt even know how to earn/increase their budget
But the most interesting thing is how did you earned the first hundred, because those were the roots of your entire portfolio at the moment.
And please, stop investing in waves, it is a dead coin, and all the pumps that it has are not more than 5% - 10% and they are only created because of the hype that it has.

It is possible to earn this much in trading if you got lucky, i will be really surprised if he can get whole bitcoin in next 10 months though, as it will be much harder.

And yeah it is risky to put all money into one altcoin, but he explained why he is doing that, if it will work then he will get really nice profit.

Well, if you made one bold decision in your journey, I would recommend you to make several others. Reason being, I invested in Waves 3 months back and now my investment shrilled to 35% of what I initially invested. Have a look on chart:

https://i.imgur.com/J9o3QRJ.jpg

It is good you made 75% profits, but I would suggest you to keep rotating your investment among different coins. Sticking to one coin may stagnant your fund or possibly decrease it.

Thanks all for your replies! I've placed my online assets in the Waves DEX some weeks ago. A pic:

http://i68.tinypic.com/2h4yu8n.png

Besides those 114-something Waves, I've also got a bunch of WavesGo; a token that could pave the road for very fast blockchain transactions in 2018. Putting all assets in just one altcoin is indeed a very risky move and even akin to gambling. If this project fails, I'll be basically thrown back to square one regarding this 'mission'. The roadmap of Waves looks promising though and chances are this thing could eventually moon, resulting in the value of my assets going up as well. Would be nice if this occurs before 2017 ends. At some point, I'd like to allocate at least 50% of my crypto into BTC.

At this point I don't have an additional income online (to be clear, I work fulltime in real-life so I'm not that desperate looking for earnings online). Btw, the first $100 were earned with Google Adsense, articles on Steemit and a sig campaign here on BCT.

So I'm not the only one!

I was dreaming to earn at least 1 BTC with 0 fiat investment, this early year I once became captcha worker but I got nothing from it lol
I felt impossible to earn bitcoin in this way, until i met this forum.

This is a very nice plan you have put in place but you have to start making provision for raining days. In trading you cannot continue making profits! The reality is that your $700 can turn to be $10,000 before end of this year if wave can get pump  to around $50 and vice versa. I Will also advise traders to minimize lose by diversified They investment to 10 altcoins that are very promising and has large market capitalization.

You have been doing a nice work out there, but why waves? i would never put all my funds in there because i dont trust in that project.
I had some waves in the past, and i bought more than 200 when the price was upto $6 each waves, unfortunately, the price started to go down and i sell all of them at $5,50, i was lucky because one month after that the price came below $3,30 each waves.
It was a bad situation for all of us, it is good to see that it is slowly recovering, but be careful because waves can make you lose all your money in just a few days.

I like that effort and wish you success in gaining your well earned 1BTC. Would you mind to share which micro tasks you did? Not that I want to try the same ones (as 100$ in 2 months is really not that much) but Im interested. On top of all I love WAVES, so from my eyes this was a smart decision of you. Keep on going, you will get that one BTC in the end!

I dont think that you can blame WAVES for this. You can loose all your money with every coin in just a matter of few days. Even with bitcoin. As you bought waves at a very high price, you expected it to go up, but it didnt so you took an emergency exit (good move by you). But Waves platform has nothing to do with the price. Would you also think that NEO is not good if you bought yesterday at ~0.0060 BTC when the pump happened and today it dips again at around 0.0045 BTC... So see for yourself. Not the coins fault when people buy it high, the market sets the price, not the Project itself.
Sorry for the double post.

This is a really awesome project and can really go a long way to inspire many and show that they too can achieve such things. It would be really great for the community if you could include more details as to what it was you did for the initial $100, sort of like a guide. You could really change the lives of many if you give them the confidence to pursue such things, while for many one bitcoin won't be a life changing amount (at least not yet) for others who are less advantaged it can make a huge huge difference.

Dont know your age, background and financial situation, but engendering in this kind of project is really smart thing to do.
Makes you work smart, grinding from the bottom to the top, though I would suggest you diversify your portfolio now, so you can have a bit more options in trading.
Good luck, keep the community updated ;)

The shortest road to 1 BTC without investing from your pocket, is by working hardly online for Bitcoin. You should investing your time in this case, and diversifying your methods of earning BTC online. You can joining the different campaigns which pay in Bitcoin in this forum, and try also selling your services or goods.

There are a lot of members here you also went to gaining 1 btc without any investment and all I can say is that it is doable. You need to have a lot of patience and luck as well but its definitely doable. I for one has also imposed the same goal and so far its good but I still haven't made it though. But I'm willing, just doing signature campaigns and trading is my method. I also try not to hold long term altcoins because its very volatile. If I saw some gains then I sell and look for new coins and diversity.

This is not too dissimilar to my idea. I want to start trading with crypto and learn more about trading in general. Mostly my Bitcoin is bought from FIAT or some freelance when I find the time.

Congratulation on what you have achieved.

nice. but sure this is a can-not-copy way

Cool project, and a nice run up in waves the past few days.  Do you anticipate switching to other coins at some point?

You will not find about the bitcoin outside means you will not find any information more clearly because greedy people never reveal about bitcoin earning methods. You chose that bitcoin trading and I am sure you will be able to make the double value in the wallet amount you have with you.

The last few days have been a little dull for me in cryptoland, although that isn't necessarily bad. The value of my crypto measured in BTC hasn't changed much in the last two weeks and is hovering around a whopping BTC0,09. Yes, there's still a long way to go. At least 85% of my crypto is currently Waves, so I tend to focus heavily on that coin. Shown below is a graph of the value of Waves in the last month or so, and the three red lines represent my entry points measured in BTC. The current value is somewhat positive from my point of view.

My plan is to sell a portion of my Waves when the price has reached 0,001BTC (currently roughly 0,0006BTC) and allocate parts of my assets in BTC and another alt. At this point, I have yet to decide which coin - besides BTC and Waves - will be 'next'.
http://i66.tinypic.com/s32eea.png

I haven't made any changes in my crypto-assets in the last week; still only Waves and WavesGo. Waves managed to keep up surprisingly well with the monstrous surge of BTC but things suddenly went south last night. Its not a surprise though, as many people are probably gripped with FOMO and decided to allocate funds from alts to BTC. However, it appears Waves was among the hardest hit coins when looking at the top-30 regarding market cap. It really showcases diversification is crucial on the cryptomarket, and this is something I'm planning to do on the short term.

The three red lines drawn in the graph below shows my entry points measured in BTC. It is clear that the current value is now somewhat negative from my POV. Not all is bad though as the value of my crypto measured in fiat has gone up a bit in the last week.
http://i68.tinypic.com/2qns3o5.png

I'm keenly interested to have a know-how of how this works.

Are you also planning on utilizing different methods to make more Bitcoins?

In one of your previous posts you mentioned that you started with 100 dollars from Adsense and Steemit income, do you still make some additional money through those platforms?
Or are you just planning to invest what you have and try to reach 1 BTC that way?

Well, the plan is to make the trek to 1BTC with mostly trading although there will still be some additional income from various sources (Adsense, Steemit). Currently we're talking about roughly $40 a week additional digital income; not much as there's not a lot of time at my disposal due to fulltime work, household and preparations for festivities in december. The mentioned digital income will be reserved for investment into some other alts; Lisk, Ark and Komodo are some alts I currently consider. The value of my crypto has decreased significantly in the last 24 hours, but it doesn't bother me much as I have invested nothing (besides time)!

1 btc without investing hmmmn it can but I think it takes too long to have 1 btc without investing 1 year is not enough to have that.. maybe if you have multiple acount you can un 1.1/2 year.

you did good work for yourself and I hope you can continue the journey to reach your goals. with your plans, I think you can reach soon and you can find a good way that will work for you. I see you have a good coin list and you can try to make a profit with that coins but as always, you need to wait for a while to see the price increases.

It seems cool. So i hope you will do any updates more. Posts like this inspires me. Good luck!

So you don't have a time limit for your Road to 1BTC from zero investment? I think you should have a target on when you think you may reach the goal in months or years. It wont be worth if you reach it for too long time because you need to spend so many hours daily for what you do to reach the goal.
It will be helpful for readers of this thread as well if you can share the list of what you do and what you earn. Lets say, today you invest $50 in coin A then after few days you earn $25 from it. It will be fun and interesting thread to follow if you can do it well.

You're putting a lot of trust in a single alt dude though waves is a pretty respectable coin for me but it may take time before it really shoots up. You've profited already anyways and as you've said, you're in for the long term. And i believe you're also earning btcs as well from your campaign so good luck and you're likely to achieve your goal

Some months before earning without investment is widely available in bitcoin platform within and without the forum but recent days we will find very few signature campaigns and promotions is been taken here in the forum. Since the bitcoin investment options are widely spreaded to many people nowadays they are thinking the no need of big promotions here I think. We will find the investors here only in the forum. They understand that once they lose the money.

Road to 1BTC without any investment is really a bold move sir.I appreciate your hard work and patience.Yes we need a lot of patience if we invest in altcoins.In your case you invested your hard earned $'s in Waves which is a quite good decision you made as Waves has the potential to grow.Sir I see that you are a hero member,so why not try high paying signature campaign and if you can try managing signature campaign then I am sure that the road to 1 BTC will become much easier.

I can't do more than salute you for your courageous and enthusiastic set of mind and determination to create money from investments , because to be successful at fighting current life struggles and high expanses , one must think like an entrepreneur in order to get the best out of himself and his creativity , thus turning from a simple consumer to a productive individual that adds value to his life as well as the environment he lives in .

As for your journey ,  you said that you scraped some funds from tasks done here and there on the internet . Well that can turn to a very rewarding activity if you acquire a particular set of skill that any internet literate can have thanks to tutorials and youtube video guidance , and you can totally live from that activity if you master it and offer your services on this forum or other websites that values good skills .
With some money from signature campaigns of lots of promising projects and ICOs , a little bit of trading if you get the pump and dump game and avoid the massacres that trading whales do to new investors , and you got yourself a much better salary than a person who works 8 hours per day .

Starting with 0 capital especially when you actually have some to spare is pretty pointless. It is to prove a futile and useless point. Full of sound and fury, signifying NOTHING.

Good luck with this..

So getting funds from google adds or any other external resources still count as fiat investment right ? Doesn't matter if it is not in form of cryptos ,it is still fiat investment.

Sounds good.What coins you were trading back them ? What was your base investment ?

How do you determine  which altcoin is worthy ? Wanna share some tips ? I'm intrigued by your progress.

The first 100 USD were earned with Steemit.com, Google Adsense and some paid tasks on xbtfreelancer.com and here on BCT. It was a slow and tedious process but things picked up after I crossed the 100 USD barrier. I've actually diversified my portfolio yesterday; besides Waves I now also have OCL (Oceanlab). The plan is to further diversify my portfolio in the coming weeks!


Oops, I indeed forgot to mention the planned timeframe for this project; I want to reach 1BTC before the 1st of June 2018. So the journey from 0 to 1BTC has to be done in a period of roughly 9 months. The list of altcoins I currently have is terribly short at this moment:

-100 Waves
-4200 OCL (bought with 53 Waves and valued 660 sats each)

Those OCL's were bought yesterday and are now worth 710 sats each, so that's already close to 10% profit within 24 hours. Looks like things are going forward again after a mostly stagnant period.

This is possible if you have some bitcoin that you have got for free because i already done the same thing before when i was just trading all of the shit coins in the market. I do short trading in those shitcoins that just after a few weeks i turned my 0.07 bitcoin into a whole bitcoin by just trading and that is the best time for me.

Wondering how much your holding are now. As the waves already risen by some +25% since last month I believe your $100 might be more than that now.


You could also add up some more options to get more bitcoin here without any fiat currency. For example, you can play lots of faucets game over the internet and try to grab as much free satoshi as you could. I know that this is really really slow to fill up your wallet but believe me there are so many faucets available and if you really have time to go through all of them then you can simply earn around 0.01 BTC from them over the period of one month. There are faucets like freebitco who pays lot of amount of satoshi in single roll and I believe thats more than enough help for your achievements.


Besides this you can also start the web browser mining of the bitcoin by using your laptop. What you have to do is just turn on the laptop with it and forget about it in the background. You will surely end up with 1K-2K satoshi per 12 hours or so depending upon the power of your laptop. Believe me there are many ways to do it and you can just grab full bitcoin sooner than you think.

What you did is really great and inspiring for a lot of people. Starting from $0 and reaching $700 by now without any initial investment. But i wonder how long you will need to wait to reach your goal of 1BTC if you are not planning to change your strategy and move to something else as well other than Waves. If i was you, i would never think of investing my assets into anything else except Bitcoin, as i can see by the movements that the amount i can gain in a week in Bitcoin is not achievable in a month with any altcoin.

well donr body!
you rock!
I'm a trader and i know how hard it is to reach to 700$ from 100$ , congats, and i really hope you make it and next time i congrats u for reaching to 1 btc! ;)

I liked your roadmap to your milestone. And I trully believe you that is possible reach 1 btc with 0 investments (fiat or any fiat else). You can take by example bounty hunters who participate of signatures, twitter, facebook and other campaigns paid in btc or alt. You can take what you gain, invest and try your lucky.

Yea you're right other than fiat every single one of us has another very important asset. Time. A lot of people forget this and get stuck in working easy 0 IQ microtasks. You should invest your time into learning new skills that will help you reach your goal a lot sooner. You won't have results straight away since it takes some time before you master a new skill and become good at it but long term you would be better off doing the latter.

You got lucky being a very early investor in bitcoin but I still believe we are in an 'early' stage. When I got started bitcoin was around $800-$1000, at the time I thought it was quite a lot of money but compared to now it wasn't. Little did I know.

You shouldn't recommend pumps and dumps. You can get lucky once or twice and make a lot of money with it but it's certainly a method for people wit low morals nor is it sustainable going into the long term. Bittrex has also prohibited the practice.

Its for privacy of course, that guy have observe the market well, but it is really possible as to know. As we can all see the trends of altcoins (major altcoins) on historical data is always up (factors like global adoption is good because altcoins and even BTC is becoming well known and the price is increasing due to the high demand), investing and trading crypto now is the best time (but as the market will have a stable price, this will change).
I have experienced this on ethereum, ethereum is almost growing at least 50K $ when the waves is coming and you don't need to everyday monitor the prices, you just have to check in a day if ethereum price is going up, because ethereum waves on prices are sometimes changing for weeks only.
Timing and some luck plays a great role too, but we already know what will the price go, and it is only going up. Day trading and long term holding or investing, there is no way to that we are going to lose here, especially on the main cryptocurrencies.
by the way ETH might reach 1000$ next year.

for sure I just learned how to earn bitcoin here in forums for signature campaigns like facebook, twitter and telegram campaigns. This is the only way I know how to earn a bitcoin without spending money because you just have to go and you just have to follow it so you make a bitcoin, because investing needs to deposit money to earn you daily.

Exactly. I remember the old days playing in the faucets to earn some satoshis when btc was 700usd worth. I made 0.05 btc in just one week playing in the xapo app, that was insane. I hope I had them until today now that bitcoin faucets are gone. It's not easy to eran btc today without buying it but if you try hard and study altcoins market you can sure have a good profit or even income in this market.

Hats off mate, you really doing a great job. My best wishes for you.
You have earned $100 almost in a month, that is a great achievement.

Now you know about crypto currency and you have the chance to reach your goal.
I regret sometimes why I didn't knew about crypto currency when I first came to online earning world in 2012.

Play the game carefully, take advantage of the volatility of the best coins, and finally stick with your plan.

Good Luck Mate!

That's great OP. I also started with zero investments however I'm nowhere near your progress or 1 BTC. You have inspired me to trade as well, and may this inspire others who are scared of trying out to trade. I initially always think that you would need a huge amount of capital or investment for you to profit handsomely in trading but with your story, anything really is possible. Your hard work from scraping off funds will surely pay off in the future.

I hope your story is real. If so, your story can be big support to anybody who have no fiat to start in this crypto to gain 1 BTC.
Hope anybody can make same story like this.

I think the op like taking high risk, as we know high risk high gained, he want get one bitcoin with easy and fast way, should he is ready to lose the money in one alternative coins too, i think be will get the his target if he invest into the coin for long time around couples years, of course if he choose the alternative coin that has good fundamental aspects and it has good potential to be more expensive in the future and yea all of the people have the strategy of investment in the digital coins include all in one coin.

Interesting thread, I'll definitely be keeping an eye out for this one. Have you looked at XRP or IOTA? They're relatively new to the cryptoworld and seems to be very promising down the road.

Also, which exchange are you using and how are you handling the trading fees? There's nothing worse than making a profit on a trade but then paying all that back in trading fees and withdrawal fees when you try to get your money out.

No investment will make your road to 1BTC is very hard. Better having a small investment in it, your percent on success would be higher.

Good point! Title is indeed a bit misleading in that regard; I actually mean 0 investments from my bank account while fiat money earned on the WWW actually isn't excluded, although the amounts involved are tiny.


I invested those $100 in Waves, Lisk and Ark and kept earning on the WWW besides that. When the value of my crypto had reached $400, I invested it all into Waves.


I tend to tunnelvision on one or two alts when I deem them worthy while largely ignoring others. In my opinion, the coin in question has to have a sizeable trading volume and an interesting roadmap ahead. Ideally, it should add value to the cryptosphere.


The value of my crypto is currently around $1050, although I haven't gained much relative to Bitcoin.


Nothing major yet; value of my crypto-assets has increased significantly measured in fiat but barely when measured in BTC. The plan is to gradually allocate funds into more coins and thus spread the risk.


Nope, haven't looked at XRP or IOTA. Bit of a shame in hindsight as IOTA has kinda launched itself into the strasphere; currently $2,91 while only $0,80 a week ago!
I've abandoned centralized exchanges some time ago and now have my funds predominantly on the Waves DEX. The trading fees aren't really a problem as my trades are actually few and far between; I only make a move when I can get a profit of at least 20% or so and that doesn't occur daily sadly  ;D

True, fees are really high and is very annoying that sometimes after trading a coin I will want to wait for the another token to be trade also just to fully utilized the fees. This had been a long time problem and fees are growing with bitcoin, I hope that it will be a concern too in the future and I hope that it will be somehow be taken care by the authorities.

Regarding to earning 1 BTC with 0 investment, it will take a very long time to achieve that. Even joining signature campaign and trading tokens will not be enough. I haven't heard of someone earning that big without using  investment. Anyways, I admire the confidence and good luck in the journey of earning.

Well, time for a new update. My current assets in crypto in detail:

-100 Waves
-440 WavesGo
-4200 OceanLab

And I'll quote a small part of what I wrote in the op:
Looks like this phase is happening right now! When I wrote my previous reply here in this topic on december the 4th, the price of Waves was around $6,50. This was already a significant increase since I bought in. However, today the value peaked at over $14 and Waves is even increasing relative to BTC! I'm now looking at a value of 0,12BTC; still not impressive but nevertheless an increase of roughly 20% in one week and things might get even better in the following days. What I've learned so far in this challenge is that making profits in fiat is very easy, but yielding a profit in BTC certainly is not.
Shown below is the value of Waves since the 4th of December:

http://i65.tinypic.com/jg1g0k.png