[TUTORIAL] How to Earn 1 Bitcoin in a Week

[Amph]

Everytime and everywhere I said that,if you have more money, you can earn much more. If you have a little budget, you will loose it.

the good thing for the latter is that if you lose a low amount, it's good when you're experiencing to start with a small amount, every big trader has started in this way

actually in trading isn't necessarily to have a big amount, thanks to leverage of x20 and more, in mining instead it is necessary or you will make peanuts everyday....

[GreenStox]

Ok, so it's 1 week now, I think. Did anyone make 1 BTC from 0.005 BTC here, or is just a bullshit thread?
I would be happy if someone can post a nice feedback about this at all...

Of course someone made it and that is the OP. He already mastered this strategy. OP am I right?                 

Yes I did

I tried out this method sort of half-assed just to give it a shot, because it seems interesting enough. So far I'm 5 days in and my .005 BTC has grown to a whopping .007. I suppose if you invest in larger quantities and pay close attention to the markets profits can be had, I haven't really checked up on the coins much so it was pretty passive income.

Nice to hear that, this week was a pretty shitty one, not many big trades only Yobit's ROM markets rise, but hardly any other altcoins.

I hope next week will be better

[tennozer]

Everytime and everywhere I said that,if you have more money, you can earn much more. If you have a little budget, you will loose it.

the good thing for the latter is that if you lose you lose a low amount, it's good when you're experiencing to start with a small amount, every big trader has started in this way

actually in trading isn't necessarily to have a big amount, thanks to leverage of x20 and more, in mining instead it is necessary or you will make peanuts everyday....

Actually I said a bit same thing on my way 

If you a big trader, you have more money and you can spend these huge money to learn and after then earn much more.
But you haven't enough money, you will just learn something and will not have any money to be in action which you can earn something.

[apollofire]

Very interesting and useful article. I will also try the same. Thanks a lot

[notlist3d]

Ok, so it's 1 week now, I think. Did anyone make 1 BTC from 0.005 BTC here, or is just a bullshit thread?
I would be happy if someone can post a nice feedback about this at all...

Of course someone made it and that is the OP. He already mastered this strategy. OP am I right?                 

Yes I did

Was it from the .005 amount mentioned at beginning?   I would really like to see proof of that to 1 BTC in a week.

I know you have shown .17 gain (not from the .005 mark though).   So please show us the .005 to 1 BTC.

[Don.Corleone]

Thx alotbro for sharing great info like this, that many newbies like me have a chance to generate more btc too

[smith coins]

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

[subSTRATA]

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

its very possible; people that offer services on here and get good traffic can definitely earn 1 btc a week. in addition, there is always the option of actually getting a job, then buying 1 bitcoin every week. earning is not limited to faucets and signature campaigns.

[talkbitcoin]

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

earning 1 bitcoin every week is not that hard specially if you have a job and buy it

[Kemben]

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

earning 1 bitcoin every week is not that hard specially if you have a job and buy it

what do you mean "buy it" there... ?

it that tranding or what?

[Muhammed Zakir]

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

earning 1 bitcoin every week is not that hard specially if you have a job and buy it

what do you mean "buy it" there... ?

it that tranding or what?

I think what he meant is to buy 1BTC with fiat money.

[talkbitcoin]

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

earning 1 bitcoin every week is not that hard specially if you have a job and buy it

what do you mean "buy it" there... ?

it that tranding or what?

I think what he meant is to buy 1BTC with fiat money.

yeah, i meant that for example you buy bitcoin with fiat (like your salary) that you earn from your job.

[Za1n]

I actually am running this experiment right now as well, basically trying this out for fun. Shortly after my post here on the 20th, I decided to create a YoBit account to test the OP's theory and to see if I could get performance similar to what I wrote earlier: https://bitcointalk.org/index.php?topic=1126751.msg11928241#msg11928241

I wanted to keep it realistic, meaning instead of just transferring .001 BTC in, I wanted to try and see what a person new to bitcoin with 0 invested would be able to do.

I began by using my test account's YoBit BTC wallet address, I hit up faucets for two days (all I could stand) and of course hit all the free coin buttons on YoBit which contributed some additional dust. I managed to accumulate ~ 0.00036 btc before becoming brain numb from the mindless clicking on those stupid faucets. Doing the math that comes out to just about a penny..... Not looking real good for initial investment, but hey a start.

Anyway, I then began looking at some coins on YoBit to invest in. Since my initial investment amount was miniscule, I only was looking at coins > 100 sat. I placed a few low-ball buy orders on a couple of coins that did not fill. At the time BIOS coin was newly released so I thought it may have some upside potential. I placed a buy order for 1440 BIOS coins which filled and I manged to snag some BIOS coins for 25 sat each.

Figuring it would have some good upside potential,  but wanting a fairly quick sell as in the OP, I figured a initial 5x profit potential was an good place to start. I placed a sell order for all the coins for 125 sat each and went to bed.

The next morning which was the 24th, I was pleased (but not surprised) by sell order went through. I see BIOS actually spiked a bit higher, but I was still ok with 5x return.

So far then my test account log looks like this:

July 20 - Created account on YoBit and began hitting faucets - Ending Balance: ~ 3600 satoshis in BTC (only hit a few faucets before going to bed).

July 21-22 - Hit various faucets including YoBit's free coins- Ending balance: 36,000 satoshis in BTC and some dust in other coins.

July 23 - Hit a few more faucets which should be coming in, by now was I was sick of captchas so decided to start with the trading. Invested 36,000 sat into 1,440 BIOS coins @ 25 sat each. Note: I am not keeping track of fees at this point, as figuring extra dust and faucets will initially cover this. If the experiment gets to higher gains where fees are significant (> .001 BTC) I will start tracking those too, but for now this is easier.

July 24 - My sell order of 1,440 BIOS coins for 125 satoshis filled. Researched other coins and not finding anything attractive decided to try BIOS again. It had dropped down to the 60 sat range so I placed low ball bid on 6,000 BIOS coins for 30 satoshi each. Balance now: 0.0018 BTC (180,000 satoshis).

July 25th - My order has not yet filled. Canceled order and placed new buy order for 4285 BIOS coins at 42 sat each. If this doesn't fill I will look at other coins, but think BIOS still will have some volatility as it is new.

I will update this as I go on. If I get some more profit I might even break it out in its own thread, but for now I would think it only of interest to people in here.

NOTE: The reason my amounts seem so rounded (i.e. 3,600) is due the fact that I found what I consider the least annoying faucet that pays 1,200 sat every 15 minutes. I found it easier just to click this once in awhile throughout the day than keep track of many others that pay even worse and have more hoops to go through. My only other source is the YoBit exchange, which only awards 1 sat in BTC every 10 minutes and the free other coins which I don't have enough accumulated to trade yet.

[btcdealer]

i am not sure that this techqiue of yours can earn me 1bitcoin in a week.
In my opinion the best way to earn bitcoin is to enroll in a signature campaign...

[tennozer]

I will continue to watch you za1n. What will happen next

[ikydesu]

@Za1n that's good try.

i am not sure that this techqiue of yours can earn me 1bitcoin in a week.
In my opinion the best way to earn bitcoin is to enroll in a signature campaign...

It's depends on your effort and your time. It's possible i think.

Enrolled in sig campaign is good choice too, but your income is limited.

[kevindurant]

5 mbtc is quite a few, you can do better. Also altcoin trading is a nutshell
If you want to make money out of it
you should follow all the invested coin's topics, watch  close the news etc. It takes a lot of time.
 But yeah, it's really profitable that much.

[talkbitcoin]

5 mbtc is quite a few, you can do better. Also altcoin trading is a nutshell
If you want to make money out of it
you should follow all the invested coin's topics, watch  close the news etc. It takes a lot of time.
 But yeah, it's really profitable that much.

i agree. you need to invest a lot of your time in it to be able to profit from altcoin trading

[Mickeyb]

@Za1n that's good try.

i am not sure that this techqiue of yours can earn me 1bitcoin in a week.
In my opinion the best way to earn bitcoin is to enroll in a signature campaign...

It's depends on your effort and your time. It's possible i think.

Enrolled in sig campaign is good choice too, but your income is limited.

But it is also risk free, which is beautiful. If you are trading alts, gambling, mining or whatever, you have to risk something to get some more.

In sig campaign, you invest your time and brains and most that they can screw you over for is a 1 weekly payment.

[Za1n]

I actually am running this experiment right now as well, basically trying this out for fun. Shortly after my post here on the 20th, I decided to create a YoBit account to test the OP's theory and to see if I could get performance similar to what I wrote earlier: https://bitcointalk.org/index.php?topic=1126751.msg11928241#msg11928241

I wanted to keep it realistic, meaning instead of just transferring .001 BTC in, I wanted to try and see what a person new to bitcoin with 0 invested would be able to do.

I began by using my test account's YoBit BTC wallet address, I hit up faucets for two days (all I could stand) and of course hit all the free coin buttons on YoBit which contributed some additional dust. I managed to accumulate ~ 0.00036 btc before becoming brain numb from the mindless clicking on those stupid faucets. Doing the math that comes out to just about a penny..... Not looking real good for initial investment, but hey a start.

Anyway, I then began looking at some coins on YoBit to invest in. Since my initial investment amount was miniscule, I only was looking at coins > 100 sat. I placed a few low-ball buy orders on a couple of coins that did not fill. At the time BIOS coin was newly released so I thought it may have some upside potential. I placed a buy order for 1440 BIOS coins which filled and I manged to snag some BIOS coins for 25 sat each.

Figuring it would have some good upside potential,  but wanting a fairly quick sell as in the OP, I figured a initial 5x profit potential was an good place to start. I placed a sell order for all the coins for 125 sat each and went to bed.

The next morning which was the 24th, I was pleased (but not surprised) by sell order went through. I see BIOS actually spiked a bit higher, but I was still ok with 5x return.

So far then my test account log looks like this:

July 20 - Created account on YoBit and began hitting faucets - Ending Balance: ~ 3600 satoshis in BTC (only hit a few faucets before going to bed).

July 21-22 - Hit various faucets including YoBit's free coins- Ending balance: 36,000 satoshis in BTC and some dust in other coins.

July 23 - Hit a few more faucets which should be coming in, by now was I was sick of captchas so decided to start with the trading. Invested 36,000 sat into 1,440 BIOS coins @ 25 sat each. Note: I am not keeping track of fees at this point, as figuring extra dust and faucets will initially cover this. If the experiment gets to higher gains where fees are significant (> .001 BTC) I will start tracking those too, but for now this is easier.

July 24 - My sell order of 1,440 BIOS coins for 125 satoshis filled. Researched other coins and not finding anything attractive decided to try BIOS again. It had dropped down to the 60 sat range so I placed low ball bid on 6,000 BIOS coins for 30 satoshi each. Balance now: 0.0018 BTC (180,000 satoshis).

July 25th - My order has not yet filled. Canceled order and placed new buy order for 4285 BIOS coins at 42 sat each. If this doesn't fill I will look at other coins, but think BIOS still will have some volatility as it is new.

I will update this as I go on. If I get some more profit I might even break it out in its own thread, but for now I would think it only of interest to people in here.

NOTE: The reason my amounts seem so rounded (i.e. 3,600) is due the fact that I found what I consider the least annoying faucet that pays 1,200 sat every 15 minutes. I found it easier just to click this once in awhile throughout the day than keep track of many others that pay even worse and have more hoops to go through. My only other source is the YoBit exchange, which only awards 1 sat in BTC every 10 minutes and the free other coins which I don't have enough accumulated to trade yet.

July 26 - After evaluating the YoBit coin selection and not finding too much interesting, I re-opened my buy order at 42 sat on BIOS. It filled yesterday, yea!? I now have 4285 BIOS coins I am looking to sell. I see the sell orders are ~50 and it looks like the spikes into the 100's are over, so I am setting a sell order at 84 sat, or a humble doubling.

I will keep you posted, but so far I think I have dispelled any earn 1 BTC in a week simply from faucets. It could be argued my investment strategy is wanting, which I freely admit it is, but I did not see any mentions of being an expert trader in the OP, so I think the experiment is still valid.

I will maybe let this run for 1 month and see how it goes. The volume on YoBit is pretty low, so if I can trade my investment up to a point where the transfer fees will not destroy it, I may move the amount to a different exchange with higher volumes.