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Author Topic: Best way to get the most bang for your buck with bit coin?  (Read 1336 times)
menoiazei (OP)
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September 03, 2015, 06:32:04 PM
 #1

Whats the Best bang for buck way to profit with bit coin?
 Grin

Cause is not before and effect is not after
crazyivan
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September 03, 2015, 06:37:00 PM
 #2

Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.

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DannyHamilton
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September 03, 2015, 06:39:13 PM
 #3

Whats the Best bang for buck way to profit with bit coin?
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Buy bitcoin.

Wait for the exchange rate to increase to $1,000,000 per bitcoin.

Sounds like a good plan, right?
Mickeyb
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September 03, 2015, 07:03:19 PM
 #4

Whats the Best bang for buck way to profit with bit coin?
 Grin

At this moment nothing but buying coins, sticking them to the cold storage and hope for a huge increase in price in the future. If this suits you then you should do it. Next to that it's worth checking some alts and getting some of these coins as well, if they seem promising to you, just in case.

Everything else is a nearly sure failure. Investing in Bitcoin space, be careful, too many scam companies out there. Trading alts, the same, alts are in complete depression. Mining is done for average user. So on, and so on!
nikona
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September 03, 2015, 07:06:53 PM
 #5

Whats the Best bang for buck way to profit with bit coin?
 Grin

Buy bitcoin.

Wait for the exchange rate to increase to $1,000,000 per bitcoin.

Sounds like a good plan, right?

Nope, no one in the history have gotten rich off that advice in the history of bitcoin. Its hard to predict value of bitcoin in the future. If it was so easy to predict everyone would be a millionaire.
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September 03, 2015, 07:22:32 PM
 #6

Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.

How have you achieved this? Have any post explaining it a bit more?

Thanks

nikona
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September 03, 2015, 07:35:17 PM
 #7

Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.

How have you achieved this? Have any post explaining it a bit more?

Thanks
I dont think that applies for bitcoin. He is talking about altcoins where you can hold on to the coins and the algorithm is POS(Proof of Stake) which sort of generates interest on the amount you are holding and grows it slowly.
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September 03, 2015, 08:21:32 PM
 #8

Trading is the best way of earning profit with bitcoins. Buying at a low price and selling at a higher price while even you can choose to lend bitcoins and earn 10% profit within a week. They are the safest ways which aren't too much risky while gambling, HYIPs are a way which involve a high risk.

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September 03, 2015, 08:45:04 PM
 #9

Whats the Best bang for buck way to profit with bit coin?
 Grin
Buy bitcoin.

Wait for the exchange rate to increase to $1,000,000 per bitcoin.

Sounds like a good plan, right?
Nope, no one in the history have gotten rich off that advice YET in the history of bitcoin.
- snip -

Fixed that for you.  Grin

All you need is some patience and optimism.

Perhaps it will take 1 year, perhaps it will take 10 years, perhaps it will take 30 years.  Perhaps it will never happen, but right now, it's probably the least risky and greatest "bang for the buck" option you have.
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September 03, 2015, 09:44:02 PM
 #10

Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.

How have you achieved this? Have any post explaining it a bit more?

Thanks
I dont think that applies for bitcoin. He is talking about altcoins where you can hold on to the coins and the algorithm is POS(Proof of Stake) which sort of generates interest on the amount you are holding and grows it slowly.

Thanks I know about of staking, and have tried it in the past ... but could not see much return of it (you need to have lots of coins, wait a lot of days, and meanwhile many coins lose value). I know it is kinda offtopic, but wanted to know his strategy (coins used, when does he trade them etc.).


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September 03, 2015, 09:50:18 PM
 #11

Not a popular opinion perhaps, but i would say that giving out smart loans and operating as an currency exchanger here on forum can do you well
in terms of increasing your stash. If i had some significant amount of bitcoins available, i would do just that, and keep my profits in bitcoin, until the
exchange rate reaches some "too good to be true" figure in a hype, then i would sell and wait for a correction; after that rinse and repeat from start.
Seams like a good plan imho


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Hugroll
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September 04, 2015, 03:31:01 AM
 #12

Not a popular opinion perhaps, but i would say that giving out smart loans and operating as an currency exchanger here on forum can do you well
in terms of increasing your stash. If i had some significant amount of bitcoins available, i would do just that, and keep my profits in bitcoin, until the
exchange rate reaches some "too good to be true" figure in a hype, then i would sell and wait for a correction; after that rinse and repeat from start.
Seams like a good plan imho
Although this can be risky, this is a good way. if you want to reduce the risk try P2P lend sites like bitbond or btcjam. bitfinex is alot safer but yields much lower profits
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September 04, 2015, 05:18:05 AM
 #13

Participate in Faucets and Signature Campaign to earn Bitcoin without investment.
crazyivan
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September 04, 2015, 06:56:05 AM
 #14

Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.

How have you achieved this? Have any post explaining it a bit more?

Thanks
I dont think that applies for bitcoin. He is talking about altcoins where you can hold on to the coins and the algorithm is POS(Proof of Stake) which sort of generates interest on the amount you are holding and grows it slowly.

Thanks I know about of staking, and have tried it in the past ... but could not see much return of it (you need to have lots of coins, wait a lot of days, and meanwhile many coins lose value). I know it is kinda offtopic, but wanted to know his strategy (coins used, when does he trade them etc.).



Well, if you ask me whether you can invest 0.1 BTC and make 100 BTC out of it, NO, you cannot. I m simply saying staking s growing in popularity and most of good stake coins provide 50% and higher interest rates per year. Where else can you get that? Mining and trading are big time risk and I highly doubt they can bring you that kind of return unless you are a pro trader. Before somebody askes the inflation question, yes, I am well aware of it and I only invest into coins with great inflation control mechanisms. I personally like DMD Diamond, a few weeks ago, a very old investor who purchased his DMD Diamond coins 2 years ago decided to cash out. He sold over 100 BTC worth of his coins, most of which he received from staking. 100 BTC worth of DMD sold in 2-3 days!! So don't tell me it s not possible to make money on PoS. If u don't believe me, go have a look DMD Diamond trading data over the last 3 weeks.

Simply buying and holding is not an option for me. Cause if we all buy and hold, how s BTC and crypto going to grow?

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September 04, 2015, 07:08:59 AM
 #15

Whats the Best bang for buck way to profit with bit coin?
 Grin

Buy bitcoin.

Wait for the exchange rate to increase to $1,000,000 per bitcoin.

Sounds like a good plan, right?

Nope, no one in the history have gotten rich off that advice in the history of bitcoin. Its hard to predict value of bitcoin in the future. If it was so easy to predict everyone would be a millionaire.

but it's the easiest plan you can have right now, especially with everything else falling like a rock

and early adopters were rich exactly because of this, it's only matter to repeat the process with bigger number, nothing unsustainable
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September 04, 2015, 07:11:14 AM
 #16

try lending your btc to others in the lending section but be careful
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September 04, 2015, 07:12:02 AM
 #17

Many in here got a lot of profit from trading. Have you ever tried them? Also the buying of bitcoins at a low price and waiting for its price to boom up before you sell it is a good plan. I've been doing tjatsince I've started with bitcoin Cheesy
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September 04, 2015, 07:13:17 AM
 #18

try lending your btc to others in the lending section but be careful

Lending is not really a good option. You can loose or profit from it. 50/50. Even if there is an escrow you still don't know if you will loose your coins.
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September 04, 2015, 07:14:16 AM
 #19

Whats the Best bang for buck way to profit with bit coin?
 Grin

Go to a dice site, use money from faucet, bet all and win, do this 20-30 times in a row, then withdraw. Good luck, you'll need it Cheesy


Now for real: I think that one of the best businesses is to have a mining pool where you can add all types of coins to be mined.
It needs investment, skill and dedication, but it's a good business where some can earn nice money - bitcoin and altcoins too.

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S4VV4S
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September 04, 2015, 09:36:42 AM
 #20

Participate in Faucets and Signature Campaign to earn Bitcoin without investment.

^^^This.
It doesn't matter how much or little you make at first.
You have invested zero money and just a little of your time!
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