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unfortunately there hasn't been a decent investment opportunity for bitcoin so far. and most of the options are scamming ponzi schemes that will take your money and run.
the only thing that has been kind to me and been paying off so far is trading altcoins.
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congrats, that is a super lucky roll you got there. i also have been trying the same strategy recently but i was not so lucky like you and have been only seeing red so far. the funny part is i have rolled a number like 99.99 or even the other way 0.01 but they have only happened to me if i am looking for the other one or have set the multiplier to a small number like 2x  |
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Scouring many bitcoin gambling sites over the internet it seems that most are lacking in style , games and enjoyment you get from regular gambling sites
thoughts?
any really decent bitcoin gambling sites?
actually i think the style is not a problem at all. there is a wide variety of sites from simple design to fancy colorful moving backgrounds for any kind of preference. just the copycats lack the style because they are copying a free script over and over. i think gambling sites are lacking new and more interesting games instead of the old repeated games. |
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You can start trading even your bitcoin is 0.005 try to buy 1 sat to 10 sat and start making profit once the altcoin you choose is increasing..
And then your profit you can trade it again with other altcoin to make profit.. untill you can make profit 1 btc in one week..
It will take a year or even more to get your initial investment amount of 0.005 BTC to 1 BTC. Also, you have to take in mind that you won't make profit all the time. Some times you make a good profit, and some times you end up making a loss. It will take a lot patience and some good trading skills to do this. since i had no idea what trading was two years ago i have started with trading 100 Doge. i did my trading on Cex.IO and back then there were absolutely no limit for trading, meaning you could literary buy/sell 1 Doge on each trade with 70 satosi and pay 1-2 satoshi as fee. i have to say it was the best experience because i made all the mistakes i could by doing that and didn't lose anything at all. and not i have made that 70000 satoshi into much more. |
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my analysis is this way, i think the number is not going to be something big like 80-100 percent and also not going to be something very small like 0-40% because i think that in the future there will be a lot more attention for bitcoin and since it is the only global currency that is easily used and without any hassle i am guessing somewhere between 50-70 percent of the people will be using it.
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not sure, but i am betting the 460 around 12/4, because there are no major barrier in bitcoin trading.
AFAIK i cannot bet at least 500 when block halves, no idea.
i don't think so, it is not a gambling matter to bet based on luck. as much as i like to see the rise sooner but i think the price is going to stay the same stable stage for a longer time unless some good news breaks out or China decides to pump. |
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Would it be safe if I use cold storage on USB stick? And whenever I need or use that usb I disconnect from internet?
just for the record cold storage is something that stays on an always offline system. even if you disconnect your pc from internet and attack the USB you might not be safe because you PC (since it was online before) might have been compromised by something like a keylogger and that can steal your cold stored secrets. |
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I chose blockchain. blockchain I think is very safety. they are the sites that have been verified. transaction progressed fairly quickly, although often problematic. but I rely on security. I want my wallet safe. I chose blockchain
lol, three pages and lots of other topics about the safest wallet and you (as a Sr. Member) after 14 months on this forum say blockchain is the safest wallet?!! if by blockchain you meant the web wallet, i gotta tell you, that you are making a big mistake. it is safe but far from the safest wallet. |
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blockhain how to protect my coins from theft do i need to use cld storage, at the moent i got a strong password and a google auuthelator on my phone i did a paper wallet backup through blockhain is that enough
yes paper backup if you keep it safe is enough to restore your wallet just in case. i am also using blockhcain.info as an online (web) wallet for a very long time with strong password and 2FA and never had any problems (i also never use TOR) so i consider myself relatively safe. but i never keep large amounts on there because it is "online" afterall and i will feel safer if i have my wallet cut from the internet that is why i use offline Electrum on linux |
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Holding BTC a long time to make money is not good idea, better try to buy some altcoins at low price and then sale them at higher price, and change back to BTC...
i agree, well not necessarily to invest in altcoins but depending on how much bitcoin someone owns it is always a better choice to invest at least a part of it in something that is both legit and gives some amount of profit over time. you can even start your own thing if you have enough bitcoin and earn even more. |
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What would you do if the bitcoin price would start decreasing at a very rapid pace, for example 50 dollars per day?
I would most probably still hold it as i would believe that it will recover after a few months
why would something like that happen? $50 a day needs a big dump everyday with no downward resistance which is not happening (maybe one $50) but if i see the price going down i sell all the bitcoin that i have on hand (meaning hotwallet for trading) and wait to buy at the bottom |
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Bitcoin having a good future but the price may rise up and down...  or you can have a small investment on Bitcoin...  it is not only about the price you know. although bitcoin price plays a big role in it, there are other factors that make bitcoin good to believe in and buy. things like the new way of handling money transfer between people, oversees, the fees, decentralization ,... all this point to a future that bitcoin is going to be used on a big scale. |
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some of the suggestions here are bad. if you don't want to get ripped off and you are new, then don't use services like localbitcoins that you have to buy bitcoin p2p, or any method that requires you to buy from a person.
instead use a well known service like coinbase, circle,... or an exchanger. that way you know who you are dealing with (it wouldn't be a random anonymous person on the internet)
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as it is stated by Blockchain.info support page, if you can prove that you own the wallet by giving them things they ask for, there is a chance for you to take back your account by removing the 2FA for you but it is not going to be easy proving the ownership of the wallet without the info
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this is a good article for the beginners and help section for our new friends to watch out for.
i don't see anything new here, it has always been like this. scammers trying to use bitcoin anonymity to their advantage and steal people's money by calling it investment.
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people are still excited about bitcoin, at least those of us who understand what bitcoin is meant to be like are excited about it.
besides in 2010-2011 it was more about the price and seeing bitcoin (as a new technology) grow and worth as much as 1 USD and then go up to a thousand times worth more than 1 USD, that was the most exciting part.
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i liked investing in moneypot mostly because of the popularity and that it is a gambling wallet type of system that many sites used but after the change i stopped the investment. might check again in future if not busy.
also i like crypto-games both the site and the investment plan.
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Invest in one-cent altcoins with an extremely low/high (nothing in between) trade volume, and as soon as the coin becomes 2-3 cents, sell.
Or invest in Ether or Uraniumcoin.
low trade volume + low price means a dead coin and unless someone decides to pump it , you will be left with bags of a dead coin and nobody to sell it to. which means it might never become 2-3 cent with this logic. p.s IMO investing in ETH is super risky at this point. |
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You can maybe now even make an investment. We all know that the price will rise, but we dont know when the rising will start.
So the value is also not that high now so that will be good to make an investment so you will have more profit later.
Investing in Bitcoin can be done at ANY price. You just need to make sure you are comfortable with the price you're buying at. You are fine as long as you think it's a good moment to buy. Do your research properly. you can do whatever research you want you might just lose your money because the price is pretty unpredictable to be honest you should save your bitcoins for the future though that does not mean that you will make a lot of money for sure Making money is the main reason for people to hold their coins for the long term. If people were thinking there wasn't a lot money to be made, then they would sell their coins much sooner. If people think they will make profit throughout the years, then they will hold. not for everybody. only the lazy people hold their coins and hope for the profit. if you want to make money you have to work with the coins that you are holding, you can start trading them at the very least to use the market to your advantage. |
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there is nothing for sure when it comes to speculating about bitcoin price, you can just make guesses by looking at the charts and do some analysis plus checking how the overall tendency is.
so far it looks good, and all things point to a rise because of the block halving.
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