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Other => Beginners & Help => Topic started by: texaschainsaw54 on January 29, 2014, 01:05:41 AM



Title: About to get my first .1 Btc. Now what.
Post by: texaschainsaw54 on January 29, 2014, 01:05:41 AM
Once I get my first .1 Btc, what can I do to get what I have to grow hopefully grow into 1 BTC.


Title: Re: About to get my first .1 Btc. Now what.
Post by: Cards4Coin on January 29, 2014, 01:15:25 AM
If you are asking about how to take the 0.1 you have and somehow earn interest on it there are not really any reliable 'banks' that will just pay you interest to leave your BTC in them.  Your best bet at earning interest on what you already have would be to sign up for a reputable exchange and start playing the market, although that is pretty risky in itself and requires that you follow the price closely.  If you are just trying to store up some BTC as a savings account the easiest way to do that outside of selling some product or service for it is to just buy more of it.


Title: Re: About to get my first .1 Btc. Now what.
Post by: texaschainsaw54 on January 29, 2014, 01:23:29 AM
I'm mostly the type of person that is in this for the fun and maybe get a few $$$ on the side. I can't mine with my laptop so im thinking about playing the market. Maybe investing in some other smaller currency ex. dogecoin because it is worth so little, growing and could easily double. Thoughts, comments?


Title: Re: About to get my first .1 Btc. Now what.
Post by: Cards4Coin on January 29, 2014, 01:34:53 AM
You can skim through this post on alt coins https://bitcointalk.org/index.php?topic=199141.0 (https://bitcointalk.org/index.php?topic=199141.0) but there is a lot of speculation.  LTC is fairly well established and there are many sites accepting it and a few exchanges, but really no one can say if one will take off over the other.  If you want to spend some time trading for fun, I would stick with BTC as the trade volume is high enough you can do many trades in a day and there are well established exchanges out there that you know will not just take your coins and run or 'get hacked' and everyone’s money disappears.  Some of the smaller alt coins have such low trade volume it takes a while for buy and sell orders to go through.


Title: Re: About to get my first .1 Btc. Now what.
Post by: TonyT on January 29, 2014, 03:51:05 AM
Once I get my first .1 Btc, what can I do to get what I have to grow hopefully grow into 1 BTC.

It is people like you who are driving the bitcoin market more bullish.  But beware of regulation:  it will doom bitcoin in the long run, but in a way regulation is necessary for bitcoin to become mainstream, if you really want it to be a payment system and not just a black market currency or vehicle for speculation.  Bitcoin = bitcon in the long run! :-)

TonyT

Bitcoin “will eventually be made as a payment system, I think, to follow the same standards as the other payment systems, and that will probably be the end of them,” Dimon said Jan. 23 in an interview on CNBC.

http://www.bloomberg.com/news/2014-01-27/new-york-duels-california-to-write-bitcoin-rules.html


Title: Re: About to get my first .1 Btc. Now what.
Post by: dotpeenge on January 29, 2014, 04:42:00 AM
I would say just hold onto it for a while, it may be a long-time investment, but it will pay off, literally.

All up to you though!


Title: Re: About to get my first .1 Btc. Now what.
Post by: cz_miner on January 29, 2014, 08:24:16 AM
Congratulations on making your first crypt currency. Why not to hold it and make another 0.1 BTC meanwhile?


Title: Re: About to get my first .1 Btc. Now what.
Post by: Sonny on January 29, 2014, 05:04:42 PM
Congratulations on making your first crypt currency. Why not to hold it and make another 0.1 BTC meanwhile?

Keep getting more BTC lol.

There is NO easy low-risk way to make 10x profit.
You can earn some BTC by providing services (translation, programming, etc.), which requires skills.
Or, you may spend your btc in gambling sites for a huge win, which is very risky and you should not bet anything you cannot afford to lose.


Title: Re: About to get my first .1 Btc. Now what.
Post by: Asmegin on January 29, 2014, 07:04:35 PM
I agree with others when they say GET MORE.

You could wait until DOGE drops and try to jump in, but you might be wrong and lose everything.

What I did is sell things on Craigslist and advertise "Will take BTC". I sold my Oculus Rift within hours!


Title: Re: About to get my first .1 Btc. Now what.
Post by: minerfool on January 29, 2014, 07:12:55 PM
To grow it faster invest in an alt-coin, as they will have greater percentage of returns...

I like QRK, DOGE, WDC


Title: Re: About to get my first .1 Btc. Now what.
Post by: MakeBelieve on January 29, 2014, 07:15:30 PM
The way you got that 0.1 do it another 10 times.


Title: Re: About to get my first .1 Btc. Now what.
Post by: tertius993 on January 29, 2014, 08:20:35 PM
The way you got that 0.1 do it another 10 times.

Nine more times would be enough I think ... ;)


Title: Re: About to get my first .1 Btc. Now what.
Post by: boumalo on January 29, 2014, 08:23:24 PM
Rent your Signature (There is a list of websites that rent the signature here : https://bitcointalk.org/index.php?topic=333916.0), you could also work for bitcoins, rent your forum signature, book a hotel with pointshound (i dt have any relation to this website), sell something for bitcoins

Or you could just buy them on localbitcoins or get verified on an exchange and buy some there

If you want to go the faucet route, try this one : http://freebitco.in/?r=163799 (referral link) or freebitco.in (non referral link)


Title: Re: About to get my first .1 Btc. Now what.
Post by: texaschainsaw54 on January 29, 2014, 09:33:51 PM
Rent your Signature (There is a list of websites that rent the signature here : https://bitcointalk.org/index.php?topic=333916.0), you could also work for bitcoins, rent your forum signature, book a hotel with pointshound (i dt have any relation to this website), sell something for bitcoins

Or you could just buy them on localbitcoins or get verified on an exchange and buy some there

If you want to go the faucet route, try this one : http://freebitco.in/?r=163799 (referral link) or freebitco.in (non referral link)

Thanks to all that have replied!!! Got some great things to think about. And actually that is the site I used, I got 6 people referred that actually maintained and used the site and I got lucky many times. Ex. I got .000225 just from luck like 45 minutes ago.

Thank you all!


Title: Re: About to get my first .1 Btc. Now what.
Post by: bitgeek on January 29, 2014, 10:19:32 PM
HODL!


Title: Re: About to get my first .1 Btc. Now what.
Post by: Kiki112 on January 29, 2014, 11:10:25 PM
rent out your signature, earn bitcoins ;)

it's not neccesary to do all this what other people said, you can earn some quite of bitcoins from your signature :)


Title: Re: About to get my first .1 Btc. Now what.
Post by: Sonny on January 30, 2014, 01:09:04 PM
The way you got that 0.1 do it another 10 times.

Nine more times would be enough I think ... ;)

lol. You are right, MakeBelieve, I think  ;)


Title: Re: About to get my first .1 Btc. Now what.
Post by: Timerondsc on February 27, 2014, 08:22:12 AM
How did you get your first one? Just keep on that way ;)


Title: Re: About to get my first .1 Btc. Now what.
Post by: vnvizow on February 27, 2014, 08:27:40 AM
Keep earning and once another price spike comes sell it and wait for the price to fall so you can buy more  ;D


Title: Re: About to get my first .1 Btc. Now what.
Post by: dx5 on February 27, 2014, 08:30:48 AM
I honestly think that you should hold your .1 BTC and wait until Nem coin is launched. I really think it's going to be big, based on the price history of NXT. Many of the people who worked on NXT are the one developing and promoting Nem, but unlike NXT which had 70 original stakeholders, Nem is going to have like 3,000 original stakeholders, most from this site, and many new blood. So based on the NXTs history and the large community I think this is going to be a top coin. Top ten on coinmarketcap.com


Title: Re: About to get my first .1 Btc. Now what.
Post by: MonkeyDOH on April 01, 2014, 07:59:03 PM
Once I get my first .1 Btc, what can I do to get what I have to grow hopefully grow into 1 BTC.

You need to be patient or just fall into a coma about 50 years then sell it.


Title: Re: About to get my first .1 Btc. Now what.
Post by: durrrr on April 01, 2014, 08:06:01 PM
there is no for sure way to turn 10x profit in a reasonable timely manner thats why most of us arnt rich lol. but you can make bitcoin if you have a way to provide a service for people


Title: Re: About to get my first .1 Btc. Now what.
Post by: boumalo on April 01, 2014, 08:42:20 PM
How did you get your 0.1btc?

Get more


Title: Re: About to get my first .1 Btc. Now what.
Post by: mgburks77 on April 01, 2014, 08:53:42 PM
I notice you mentioned you cannot mine. If you want to try a coin that you can "mine" (actually we call it minting) on a regular computer without high energy costs might I suggest MINT?  :D You can mint more coins simply by holding coins in your wallet for 20 days. It's equal to 20% interest compounding for the first year if you don't never move your coins from your wallet. Or you can buy stuff in over 30 different merchant sites that accept MINT as well as trade it on an exchange or use it to gamble on one of the sites that accepts MINT. I think it's a pretty good "investment" to fool around with, mainly because I like the community and we are trying to develop the full potential of the coin.

get the official wallet here:
http://mintcoin.cc/download-wallet/

Trade your btc for MINT here:
https://www.mintpal.com/

If things work out we may even have a way to mine on your android device as well.

And since you are a new, welcome, but remember do your due diligence and be careful there are a lot of crafty tricksters out there.  :o


Title: Re: About to get my first .1 Btc. Now what.
Post by: bryant.coleman on April 02, 2014, 11:04:23 AM
Store your BTCs securely and make regular backups. Try to earn more and more BTCs.


Title: Re: About to get my first .1 Btc. Now what.
Post by: b!z on April 02, 2014, 11:41:05 AM
You can give it to me.. ;)


Title: Re: About to get my first .1 Btc. Now what.
Post by: Onews1990 on April 03, 2014, 12:14:50 PM
You can hold it and wait for the price to recover and rise beyond the current limits. or you can try investing it in one of the investment scheme now.