We understand what you're saying but the gambling is only a portion of the balance and it's all backed by mining. The only question I have is whether it's insured or not. XD

As for the Lottery winner. LOL!

Be careful martingaling on the multiply, I've seen it frequently hit the 10th bet. it's serious stuff and I always top after the 8th loss or so, or you end up betting real ammounts of money. the most I lost on the doge sister site was around $200

For sure. I don't believe in sheep mentality, if my coins were liquid I would have sold of and started waiting for the bottom, but as it is i'm content to keep piling it on and gain another quarter to half of a bitcoin. 1 bitcoin means my interest in bitcoin will go up substantially, I only have the potential to gain.

This is a great segue into a nice discussion. When will it bottom out? if you have say $50-200 when will you get the best bang for your buck pushing you closer to a milestone? imagine an investment that gave you 0.1BTC or higher each time!

I personally use faucets along with investment when done right in one week I can make quite a bit. Each week I gain satoshi a little faster. it's super exciting to think that in a years time I may have a whole bitcoin and a side income from it!

So now that the price is dropping, do not fret as it's the perfect time to buy! with bitcoin once again in the 3000's $100 will go much farther now than it did just a few weeks ago. You can possibly even buy your way into the larger investment level right now and ride the wave! Capitalize  on this moment to double down. Even if it lowers a bit more it's still in our favor. because as soon as this insecurity is gone Bitcoin will make another run and my guess is that it would hit 6000+. Especially with bankers buying it up while denouncing it publicly. Getting to your first coin is a milestone and will allow you/me/all of us to participate in the community at a whole new level and from a new perspective.

Act now!

Thoughts and criticisms welcome.

Update:
Thank you all for your responses and support!

I made a continuation of the ideas of this forum covering broader topics and trends concerning small investors. Please post there now: https://bitcointalk.org/index.php?topic=2219459.0

There are a few ways to make money on the budgets specified. And i'll be specific on some points an highlight some realities.

1)You can still play card games for bitcoin. it may suit you since that is your skill. just make sure the site isn't a scam. Honestly with your expertise and focus, why change a good thing?

2.)The easiest investment that isn't holding is earning interest at some kind of exchange/ business/ or savings account.
Freebitco.in is an example of a mining business paying you interest for them to invest your bitcoin. Think grass roots market money account.

https://freebitco.in/?r=4783577 if you felt like helping me out here is a refferal link. (this site has a thread on this very forum and is trusted. I highly recommend it and personally have invested in it. PM if you would like my take on it.)

Another site is Bsave which initially teamed up with coinbase but is an independant operation now.

Both sites accrue interest daily. So the more you invest the more you get at a decent rate.

3.)You can lend bitcoin at various levels of risk and interest rates. the most unstable going up to the 15-20% range. But the initial investment for these sites are steep often at 1 bitcoin so a budget of $100's or even $1000's may not cut it.

This is the most lucrative more passive investment.

More Direct methods include:

1.)Holding and trading.
Buy as much as you can low and sell high. Recently a nice time to sell and wait was when the BTC price hit 5000. now you could get 1/5th more at it's current state if you were on the ball.

issues with this option are that you lose passive income opportunities and are truly gambling based on international factors and sound bites. This is an investment broker like situation and is the wild west.

I will say however. that this is often the fastest way to gain more bitcoin if you are on your toes.

2.) With hundreds you may be able to make an extremely sub par mining rig if you so desired.

In conclusion.
I'm in a similar budget constraint situation and am squeaking out small earnings that will grow over time. I'm currently making 5-10 cents a day passively with plans to constantly double this every few months. My second income is forming.

In all honesty I honestly believe this is a ploy to buy low and get people out of the market. it's sad.

if you work in tandem with saving bitcoin and holding with interest you could double your income in a few years.

Of course not. especially with the prospect of investing. loaning, and accruing interest, investing is one of the best options.

Don't forget that on pay days people buy more bitcoin as well so let's see what happens on friday.

I personally am trying to earn interest on trusted exchanges and accounts. Hopefully within a few years i can make a side income in bitcoin alone. my goal is 3000 a month on bitcoin. I actually don't want to work.

I think this is just a perfect time to buy or rebuy if you sold at the 5000 peak. This may have been slightly manufactured by some traders and Dimon to sell high and buy low. The news in china was just a bonus for uch opportunity.

It's been said before. But faucets are the easiest and safest way with trusted sites like freebitco.in. They even pay interest which makes the proces much faster. I currently make around 1000 satoshi aday sitting on my butt. Not bad for a faucet.

Apparently his bank has a pilot program for bitcoin. What if he was trying to cast a negative light so he could buy in at a lower price. if I had that much pull that's exactly what i would do then enjoy a $2000 growth spurt. XD

I'm not suggesting a chat or adding to the faucet but a separate community, but as for mods that is the hard part. The problem is the facts don't answer all the doubts that come with a site like Freebitco. The main reason it is sellable is that it's been around and makes payments. Also the fact that wetsuit comments on here erases a ton of doubt...but we understand the nature of this community. many others don't.

Sometimes I think more people would support the faucet if we had a community site away from this forum with tips and tricks on how to convert to and from bitcoin safely and how to invest in freebitcoin.

Faucets are ok. Freebitco.in has been mentioned many times and is one of the premier faucets.  It earns interest and therefore becomes an investment opportunity. In conjunction with a job it can become profitable. As of now I make around 700 satoshi a day sitting on my butt in addition to the free rolls. Also consider sites like Bsave. Saving and holding are the safest and easiest ways to slowly accrue actual full bitcoins.

Lol you have a really high base roll compared to some of us XD. I only get 45 satoshi on the low end now.

wonderful idea...is there a site that can make a customized one for a link you want to share? I don't think freebitco provides one or I'd slap it onto the template. It is easy enough o put it on I just need to find a resource to produce one.

I slapped it on, there are a few websites that will make it for you! i'm testing it right now.



Update: works like a charm thanks for the idea! again feel free to use the template. if you want the actual file PM me and consider a tip.

Of course! I figure if we're all in different spots no one is stepping on anyone else' toes either. I may make a business card version at some point. Happy Hunting!

P.S. If it's really useful to you consider a small tip for the time .