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Author Topic: I started earning bitcoins and i need some advices  (Read 1808 times)
virtualx
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November 23, 2015, 07:47:57 PM
 #21

Hi all,

I'm KarlaJay and i'm a camgirl newbie in bitcoin world. I recently started streaming at Xotika.TV and i need some advice regarding my earnings.

Let's say i make 1 bitcoin / month. First of all i only want to convert part of them and i see sometimes the price is higher and sometimes lower.

Is there some sort of trusted trader or a place where i can keep them ? Everywhere i read its full of warnings not to trust anyone and always guard your coins and stuff.

Is it possible to somehow let someone else handle them , exchange to fiat part of them when price is high, etc ?

I'm not even sure what kind of advice i'm asking for.

Thanks in advance anyways,

(NSFW - http://imgur.com/FkxiWwu )


There are some services to convert bitcoin to other currencies. Either online (cryptocurrencies), real life trading and using banks. The best option depends on the country you live in.  Some places have two-way ATMs.  Another option is to exchange them for gift cards (gyft.com) and sell or use those cards.


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November 24, 2015, 10:57:39 AM
 #22

You need to save all of your coins.
Don't spend it.
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November 26, 2015, 01:41:06 PM
 #23

Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.

Kisses

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November 26, 2015, 01:53:51 PM
 #24

Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.


You should simply hold your bitcoin. Do not invest in anything, since you're still new, and there are a lot of people who will try to steal your magic internet money.

Most of ïnvest here and become rich" sites are ponzi/scam sites.

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November 26, 2015, 08:44:47 PM
 #25

I agree with some of the others, you should be saving your coins.  Only spend what you need for your general daily expenses and save the rest of them.  The prices in coins will go up and down and you should watch the Altcoin market, for if those coins go down, you should sell or exchange for BTC.
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November 26, 2015, 08:50:11 PM
 #26

Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.

Kisses

There are exchanges where you can change bitcoin to other currencies. This is reasonably safe, depending on the owner of the site. If you exchange for another currency ($), the amount of value won't rise or drop as fast. If you 'surf' the rise/drop wave well, you can earn more than interest. For example, with trading bitcoin you can make 25% profit this month. https://blockchain.info/charts/market-price

There are no sites where you deposit and get interest, except lending sites. This is one of the methods banks earn money. Be very careful with lending (sites), there are many scammers.

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November 26, 2015, 10:17:11 PM
 #27

Hi KarlaJay,

Welcome to the forum and to the Bitcoin world! Smiley You have gotten many great advices above. Let me just advise you that you should try and learn the basics about Bitcoin. Informations are everywhere online and on YouTube you will find many tutorials.

You need to learn about simple transactions, how to save your coins and secure them and a bit about exchanges. It's good that you have come here asking us for advices but hardly anyone will explain you everything you need to know in just one post!

It's your responsibility to educate yourself and then when you don't understand something that you have read, come here and we will gladly help you!

Good luck!
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November 27, 2015, 11:07:54 AM
 #28

man are you kidding its like free money just doing your show. Definitely save them! at least until it gets back above 500$ then you can sell some here and there.



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November 28, 2015, 03:23:41 AM
 #29

Saving them would be the key.  Find somewhere to put some investments in, this way, you can make money while your money is sitting there, but I would not invest everything.  Do only 10% of your income.  This is a safe bet and you never know.  Aster a 12 month period, you may have grown that 10% into 20%!!



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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November 29, 2015, 10:18:29 PM
 #30

Is there some sort of trusted trader or a place where i can keep them ? Everywhere i read its full of warnings not to trust anyone and always guard your coins and stuff.

This kind of question is what the warnings are all about. Of course there are trusted users on the forum but it is best to not having to trust others. Because if they take your coins you have not much you can do against.

If you want to sell your best bet would be to use one of the big exchanges. Like kraken.com, bitstamp or bitfinex. Don't let your coins lay around there, hold them safe in your computer without viruses and such. Then when you want to sell send them to the exchange, exchange them and withdraw the fiat money.

Or if you need cash you might use localbitcoins or the mycelium app that includes a similar service like localbitcoins. You then can meet a trader at a McDonals or something, search a calm edge and exchange the money so that not everyone can see it.
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November 30, 2015, 06:01:30 AM
 #31

there are many ways to earn bitcoins
1) you can mine btc through gpu's mining
2) you can invest
3) you should wait ....if you have btc...and after increasing value of btc , you can sell
4) here is also a great platform , to became a member of this site by posting your useful reply to questions.
5) but take care don't try to gambling , because in this way u can loss all your btc that is used by you to bet.
Do you even know how to read?

Im pretty sure he didnt read what is written in the op and he only based his reply to the title of this thread.  It happens always specially here in this section of the forum
Yeah, that's really annoying. Such people should get banned from here, without knowing the reason they got banned.

u cant say that..may be he doesnt understand english in the first place Grin
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December 03, 2015, 04:00:29 AM
 #32

Waw! Thanks a lot for all the helpful replies. I was away for the weekend but now i'm back online.

So i allready have a mycelium wallet on my smartphone and i didn't yet got to the part where i need to change them for cash. I'm considering on holding. I was more curious if there are some safe investment places where you can deposit and get some % like when you deposit money into a bank and yuo get some sort of interest? .
Thanks again for all the answers.

Kisses

Better to HOLD it on your safe wallet/cold wallet, too much investment based on ponzi scheme out there.
The best thing is HOLD and sell on high rate.
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December 05, 2015, 11:27:59 PM
 #33

i have one advice for you stay away from gambling is pretty addictive and you wil lose your earnings in matter of seconds
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