Bitcoin Forum

Hello All,

I'm a newbie here (although I have been playing around with BTC for over a year). I'm now running an experiment trying to get (as the thread title suggests) From Minimum To A Million. By minimum I mean a modest investment of £100. I will be investing in several websites that claim to give daily interest or cloud mining income and intend to compound this up to give a decent daily return. Of course, some of these sites may fall by the wayside but I've been doing it for a couple of weeks now as a test and have already withdrawn my initial investment so I'm break-even at worst and only playing with profits.

Currently I'm using 4 websites (ElgoMine, TrueMine, Bitchoko and GoGo Earn) and have also tested Marble BTC. All currently paying as expected.

I will try and post weekly updates on here but if you want to follow my progress then I've started a Wordpress blog. I'm not sure if I'm allowed to post links or not seeing as this is my first post but it's https://fromminimumtoamillion.wordpress.com/

Any comments / feedback / suggestions welcome but please don't flame me. It's just a fun experiment and hopefully I'll be a BTC millionaire in 463 days time.  ;)

The bottom line for me on this kind of business is that, you might be enjoying it while it is lasting. At the middle of your high hopes, you might find out that some icons might be disabled and you won't be able to make further progress on withdrawals & etc, meaning you won't have a means to withdraw whatever you have with them. I generally see all that as ponzis. I have been there, is just an advise my friend. Enjoy it but be careful.

I haven't done research on the sites you listed, but I'm quite sure you got scammed already.

Also, if you created that site solely for spreading your referral links then it ain't working.

Not at all. Any referral bonuses will help in the long run obviously but that's not my sole intention.

Also, I'm only playing with profits so I'm in a no-lose situation. It's just to track my progress and I'm in no way encouraging other people to follow my lead. Thank you for the comments though.

I see such website as Ponzi schemes and these may run away with people's money anytime, pls note such website claiming fixed return always pay in beginning to win the faith of investors and due to common human nature anyone gets greedy with such scheme and invest a large amount and also encourage others to invest and in the last everyone gets scammed, so be aware, as long as you are playing with profit its OK, never ever invest a large amount and refer anyone know to you, if anyone asks to invest in such scheme do not take guarantee of his/her funds.

Are you serious? Did you really used your due diligence and DYOR before you invest on those 4 websites? Most of us here never heard of them so its either they're fairly new so its hard to gauge their legitimacy and second majority of cloud mining sites are scams. And as far as I know, there's no such thing as daily interest unless its a HYIP platform. Not to flame you or something but its a big gamble on your end. Anyhow, its going to be a good(expensive) lessons for you learn.

As I said in my OP - I'm only playing with profits so there is no expensive lesson to learn. I update my blog investment page daily so if a site stops paying I will flag it up in red so that others don't get scammed. Having been scammed big time by the Yobit exchange I know what it feels like to be on the wrong end of it and wouldn't wish it on anyone else.

For me it's just a 'fun' experiment to see if the seemingly impossible is possible. Like the TV programme where someone traded his way up from something worth £5 to end up with a million.

If you go back in 2015 you can afford the price of bitcoin and turning it price into a million. But now it is impossible to happen it again. Going back to the price of every altcoins you can see the market condition now.

Good luck to turn the £100 into a Million! Seriously, if that was possible many people that have been on here for a long time would have already become rich, that's to say that all the odds are against you, from the current evidence.

It is going to end in tears. If them websites are not scamming now, they eventually will. It is only a matter of time. I'd suggest withdrawing everything you have on there, deposits and profits while you can and look for something worthwhile to do with your time.

I will soon be adding HelixxMine to my portfolio. Has anybody got experience with them?

300% p.a. is a lower return than the other 'investments' but one to tick along in the background.

I will be dropping GoGo Earn next week too. 10% in 5 days is fine but I'll try the bigger fish for now.

Yes in 2015, price was cheap for one bitcoin and you can afford to buy many and turn it into good money now. The same thing that happened in 2015 can still happen now with an altcoin if luck shines on the person.

I am sure that if you have money, you can experiment in such ways to gain the popularity of your blog or channel in the telegram. if you help someone to earn money besides yourself, it will be a good idea

obvious thread for advertising ponzi schemes to get the referal through the OP website. i hope not many ppl will fall for it.

With the strategy you're taking you should be very careful to spread your funds around. Most will turn out to be scams (if not all) and won't pay out as they've guaranteed. By spreading your funds you can limit the risk that you face.

If in the earlier times like in 2014 and you hodl btc this is possible but with the market today quite hard imo. And many are doing what those sites are doing. I suggest you learn trading. It's possible in crypto trading to have that target though hard also but attainable than that.

This is more or less gambling with some ponzi schemes and the risk of losing it is very high. A lot of people have been burnt by such schemes before and I'm sure when payouts suddenly starts being intermittent, it becomes a clear sign your investments are gone.

I wish you good luck with these "daily percent" companies. It is a dirty business, and you will have a tough way up. I would only advise you to get early in (the sooner after project start the higher probability for positive return) and don't be greedy (majority of there projects get away with all money after a few months).

This is a tall ask, a very very big ask.
One thing which stands out for me is the daily interest sites, these sound like HYIP sites, high yeild interest program.
And they are a pure scam because you will loose your money.
Ask yourself why bitchoko and gogoearn are giving away this profit? It does not make sense.
Got what you can out now.

How do i know all this? Because i once "invested" in a similar program.


This is the wrong attitude, this is promoting greed itself.
By even entering into this site yoy are feeding the scam and scammers and others will suffer.

you won't be able to make any significant amount of money from "earning websites" specially those you posted here, let alone become a millionaire from them. i think you are too caught up in the hype of their advertisements. the thing is you will spend money on these sites and worst of all spend a lot of your precious time on them trying to earn and trying to gain referrals while the site is the only one that is making money and they eventually run away and leave you broke!

Those website you gave are just a ponzi scheme. I don't trust and don't believed in any cloud mining sites actually. Though, when I was a newbie  I tried it, I invested in the amount of 0.006BTC yes I saw it in their website that is in progress and I am happy that I am earning in the dashboard. But when the time I know I gained already, I can't able to withdraw it, it appeared to the site that I need to upgrade my investment before I can able to withdraw it. So, after that incidents I realized and found out that I've been a victim by a ponzi scheme.

Well, everybody wants to be free from a paycheck-to-paycheck living; everybody wants to be a millionaire. But in these past few months, especially these last days, I don't think this is possible. The devaluation of coins or tokens are pretty sharp now. In just the blink of an eye, everything's falling so fast that you can't catch up with its dump. You can earn millions in crypto (no doubt about it) but in the long run. It's good to enter now in the dip, but don't expect to exit fast, 'coz no one knows how far this recession will go; no one can really tell.

Is it? The original poster apparently did make up his mind and s/he has already 'invested' money into these sites. While others talk about losing their money, scams etc., I wanted to give the original poster a piece of advice because he is already in.  ;)

buddy, listen to this, the name of the business is nothing that makes you become a rich person instantly, everything requires a process

business in cryptocurrency also has a risk, if you want to run a bitcoin mining business in the cloud, I suggest choosing sites that are trusted, and also every business is influenced by capital ...! if you have a lot of capital, you also have a lot of profits.

That is why it is always advised to invest wise which means nothing but only the evaluation of cryptocurrency that is very much important otherwise these Ponzi schemes out there are very much deceptive and deceiving and can cost you big money.

Hi All,

Thanks for the replies and advice. As mentioned a few times - I am only playing with 'profits' that I've already made from these sites and have withdrawn my original investment. So for me it is just a bit of fun. I'm sure some, if not all, of these sites will disappear in the next few weeks or months but for now I'm carrying on.

My update for this week is here:- https://fromminimumtoamillion.wordpress.com/2018/11/22/week-1/

Current 'active investment' is just over 0.06 BTC with 'daily payouts' of 0.0062 BTC.

Hope you will update us every week. There is one great thing in starting such an experiment when markets are down - if you end up with profit in a few months, you will probably have higher fiat value than before.

Now is a great opportunity to become millionaires in the future. You just need to believe in cryptocurrencies and buy with each drawdown. Bitcoin costs $ 3,700 now, I would not believe it half a year ago

Million dollars is not coming easy for anyone. You will have to fail in 10 different things in order to become a millionaire even in the cryptocurrency world. Hence I would suggest you be careful with your experimental details you published and how to become a millionaire project. But at the same point of time I would not discourage you in your experiment. Search small experiments will give you exposure and that exposure will help you somewhere somehow in future. I seriously wish you luck becoming a millionaire

This is the great time to enter the market and start investing some amount with your savings. This could be the turning point in your life if you stay invested in this market for next few years and market recover well from here and crosses 15 - 20k in next 6 months and you could make some quick money as well.

In my opinion those site are risky enough to invest your money there is no assurance that it will pay you once you decided to withdraw your profits there is no such things as minimum to million investment only in crypto invest buy and hodl but it takes years to become millions.

I caught by your title OP! Its just like, from nothing to something. It is the reason why I am here even there are many storm I experience for the last months of staying in cryptocurrency space. It might be a challenge for me because until now, I do not gain 10K dollars. I am always praying to bless me because I really need money right now. I hope I can earn a lot when bull run market starts.

Desires of course you have ambitious, but with this amount, few people get to a million, but let's see how you will get

Just make sure you get out of there before everything will start to collapse. Everything that is an investment scheme will end up to be a scam.

Those sites mentioned by the OP are pure ponzi scheme websites that will disappear after earning or collecting some bitcoin from unsuspecting investors and its very obvious they are going to disappear into thin air you should erase the mindset of 'get rich syndrome' that is associated with the gullible.

Investment in mining site is good but with crypto as the main product is bad decisions. Even you have many site to follow and bug money to start, market condition not support the value. I believe trading into another product ( forex ) is more profitable, not easy but worth to try.

Seriously, this right here is a very risky something. I have done stuff like this in sometime back. At the initial, it is all juicy and rosy, but along the line restrictions will begin to pop in. As you said you've withdrawn your initial deposit, that puts you on a safer side. But I would suggest you just hold these things with a pinch of salt, they can get messy at any time.

which is on my mind when I hear cloud mining that offers long-term profits, they are ponzi. This has been reflected in my head since I know what MLM is, so the scheme that is used by cloud mining businessmen, they use new member funds to pay the profit they promised to members who have long been registered
what makes you sure that they have mining tools? if indeed they have mining tools, then why don't they use it themselves?
if operating alone compared to operating for other people who pay is the same labor and time, then why should they work for other people, so that other people get the money?
even though these mining tool owners can get more money with the same job and at the same time

I hope you can understand what I mean

This is very risky to invest like a ponzi scheme better be wise enough and save your money from scam. There are many website spreading online but we should be careful and think more before investing. Most of us ofcourse wanted to earn big and become millionaire so let us be choosy when it come in investing online.

$100 is too small for such an experiment, it will be slow progress with big chances to be scammed on
some of the sites. I am not saying that is is impossible from minimum to a million but with that amount it
will take a millennium.

A pretty good time to be getting into the market, but a lot of people will not understand why it is a good time because they do not even understand there is a potential in the future when it comes to usage and mass adoption and all they will keep thinking of is the market going down the drain. I guess we will just have to see how that would end up working out for them eventually.

If there is anything about taking advantage of a market, this is pretty much a very good time to be doing so. While so many people are panicking and getting worried, this is the time to be going bullish.

You already get what you invested in a 1st place which is good, and if that so, you are not a newbie anymorr but your account seems to be new here in the forum, anyways it is good sharing good experience here in bitcoin forum for us to have some other ideas in some field of bitcoin. I think you are already good with investing/trading already and as what you've said you already withdraw your initial investment, so you are now investing with your profits now. Good to know that mate. Hope you will be one of BTC millionaire as what you wish. LOL. All of us wants to be BTC millionaire.  ;D

thread carefully, most of this works like ponzi scheme, they can run away with you bitcoin anytime.

Well it's not a correct way to earn, cloud mining or unreliable investment could not be count as income, you can lose your money in split second, if you want to make money from bitcoin at least you need to do proper research on the investment or learn how to trade, become millionaire with cloud mining is impossible things to do

If you ask for my opinion concern what the OP said I will tell you not to believe a single statement made by him because he's a newbie account which some people called a throw away account, he's actually talking about cloud mining site which both know that most of them are scam site and he's trying to publicize his site by doing that. However, we both know that any things said on this forum require a proof in other to know its real.
Where's the proof?

I do really know the feeling when you invested out on a Ponzi or hyip site investments which you do able to get ROI which is good but those are only good at start.If you do know how to caught up profits on earlier phase then its a good thing for you to utilize but don't go for long term because most of the time they wont really last even how many days.Ive been wondering if those sites you do mentioned are already running upto these days I doubt most of them already ran away on the money they do get from greedy investors.

A very good one I must say. Considering the fact that the market is low, that simply shows a market that is giving a pretty good opportunity to those who want to really be taking advantage of it. I know it may be a little bit hard for some people to understand, considering that they have not been able to recover from their short term losses yet after picking at the peak, but if you manage to take advantage of the moment as an individual, while buying the dips of the market with great potential, I am sure, anyone in that category, will understand better what to be doing in that scenario, knowing that there is a great chance of actually turning minimum into millions in the long run.

You would be surprised in the long run what $100 can end up getting you in this market when we tend to start seeing recovery. Imagine someone who basically invested $100 in Ethereum even just early last year, or someone who invested $100 in bitcoin around 2010, probably you should get to understand the importance of being an early adopter, and for now, we are still in the early adoption space, and you can get surprised at the level this market can increase in the long run and those coins with potential you are holding can get to skyrocket eventually.

Nice one, but you just invested only £100 and you’re expecting to be a millionaire in like a year and half. Maybe you should invest more money if that’s your wish, cause I don’t see that little money making you a millionaire in a short time. Not even those that invested thousands of dollars in Bitcoin back then it started became a millionaire in a short time, rather it took them close to a decade, not to talk of you that invested just a hundred. I’m not trying to discourage you, hard work can do anything, I’m just saying based on my experience. Everyone is not the same, so it might work for you.

I come from million to a minimum

I do not know how many times it needs to be repeated that cloudmining does not work, it seems that at least you have recovered your investment which is good because it means that you're not going to lose money but you are just wasting your time because it is going to be impossible that those sites pay for so long, I'm not trying to be bad towards you I'm just stating the reality.

actually it depends on our luck, I also have friends who used to play with websites that are similar to click & earn and also depend on how many referrals are obtained, in fact he can get up to thousands of dollars in just 2-3 months. And fortunately the website is still related to crypto. it happened around the beginning of this year. so when the market is at its peak