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Author Topic: How to make 17 BTC out of 7 BTC ?  (Read 55614 times)
rababo
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April 13, 2016, 07:00:48 AM
 #381

Gambling can give you big amount of Bitcoin in a short time, but it has big risk. So, you should be ready to lose your 7 BTC.
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April 13, 2016, 10:41:39 AM
 #382

The higher your expectations are in term of ROI and the higher is the risk. So gambling .. why not but the risk is huge. I'd never risk 7BTC in gambling.
Yes, anyone who earn that much amount with hard struggle will never ever think to gamble with, but only those will play with that who have got that amount for free from his father as a gift, and he do not know that how is that amount earned.

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April 13, 2016, 12:26:56 PM
 #383

Just buy 10 more coins I guess. If you do not want to invest then it is going to be hard to earn 10 more Bitcoins.
You can gamble using Bitcoins but is a risk. 
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April 13, 2016, 01:01:00 PM
 #384

How about CFD trading, you could easily do some more or less basic TA in order to risk a tenth (0,7 btc) while using 10x leverage, cut losses at -5% and take profit at whatever you see fit.
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April 13, 2016, 01:05:45 PM
 #385

How about CFD trading, you could easily do some more or less basic TA in order to risk a tenth (0,7 btc) while using 10x leverage, cut losses at -5% and take profit at whatever you see fit.

i have never heard of this term before.
by googling it sounds a little bit complicated, am i right?

can you explain a bit more about this.

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April 13, 2016, 01:26:18 PM
 #386

How about CFD trading, you could easily do some more or less basic TA in order to risk a tenth (0,7 btc) while using 10x leverage, cut losses at -5% and take profit at whatever you see fit.

i have never heard of this term before.
by googling it sounds a little bit complicated, am i right?

can you explain a bit more about this.
A CFD is something like 'contract for difference'; the investment bank issues them and pays you the difference in price if you sell them back to them. The bank wins money by issuing ridiculous lending (200x) and charging fees based on your+your lended. Furthermore, the longer you hold on to you CFD the more the 'overnight financing' fees eat into your profit.

You can go long (you think the price goes up) or go short (you think the price goes down) (THESE ARE NOT 'BINARY OPTIONS'!!)

To reduce fees, dont use more than 10x leverage (lending), if the price now moves 10% in the wished direction, you make 100% profit vice-versa. Moreover, trade short term due to overnight financing.
I might get shit for this, but I'm convinced fundamental analysis is utterly useless for short term trading; look into technical analysis (book by Martin J. Pring is a classic). If you know the basics, you might wanna join a community like 'tradingview' in order to see how people work. Grin
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April 13, 2016, 03:39:59 PM
 #387

gambling is the only easy way to earn or loose you bitcoins pretty fast. if you are looking for a steady growth ,get coins as rewards for doing online jobs and so on.
Yes, you are right. even gambling can make you rich in an instant. but you should consider the adverse impact on gambling, do not just think the big advantage. so better don't play gambling and do the other safe way.

Gambling makes users rich at the same makes poor if unlucky. I believe users who have lots excess than their need can enter gambling. Users who completely depending upon bitcoin getting into gambling is the most sufferer.

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umaOuma
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April 13, 2016, 04:48:01 PM
 #388

gambling is the only easy way to earn or loose you bitcoins pretty fast. if you are looking for a steady growth ,get coins as rewards for doing online jobs and so on.
Yes, you are right. even gambling can make you rich in an instant. but you should consider the adverse impact on gambling, do not just think the big advantage. so better don't play gambling and do the other safe way.

Gambling makes users rich at the same makes poor if unlucky. I believe users who have lots excess than their need can enter gambling. Users who completely depending upon bitcoin getting into gambling is the most sufferer.

Gambling is not the right choice to multiply your coins as it is guaranteed that you will loose everything in a long run, so its better to hold your 7 btc and sell when price goes higher.
Olaf
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April 13, 2016, 05:48:30 PM
 #389

gambling is the only easy way to earn or loose you bitcoins pretty fast. if you are looking for a steady growth ,get coins as rewards for doing online jobs and so on.
Yes, you are right. even gambling can make you rich in an instant. but you should consider the adverse impact on gambling, do not just think the big advantage. so better don't play gambling and do the other safe way.

Get rich instant.

Get poor instant. lol. Wherever there are winners at something, there will be many more losers at the game. As for the comment above on online jobs, its actually a scavengers hunt to find a legit on-going online gig.

so its better to find a normal job..

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April 13, 2016, 06:10:29 PM
 #390

If you have knowledge of trading then you can go for it, but remember its always risky you might even loose your coins, but I think its far better then gambling.
Bit1334271
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April 13, 2016, 06:16:48 PM
 #391

If you have knowledge of trading then you can go for it, but remember its always risky you might even loose your coins, but I think its far better then gambling.
I agree with this suggestion but surely first need some information about trading then try this way otherwise you can lost your money very quickly and have no option for refund or reverse its much better then gambling 
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April 13, 2016, 07:50:55 PM
 #392

If you have knowledge of trading then you can go for it, but remember its always risky you might even loose your coins, but I think its far better then gambling.

Ofcourse trading is far better then gambling, in gambling you have to control on anything happeing their, you just put the money and hit the button and what happens next is on your luck, but in trading it is all about experience and your mind if how you use your money and when to buy and when to sell, even if you lose some money at first but after when you learn it you will get a lot of profit from it.
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April 13, 2016, 09:22:19 PM
 #393

If you have knowledge of trading then you can go for it, but remember its always risky you might even loose your coins, but I think its far better then gambling.
I agree with this suggestion but surely first need some information about trading then try this way otherwise you can lost your money very quickly and have no option for refund or reverse its much better then gambling 

If you want to go with trading then you should always take a guidance from a experienced person who is trading since long time and that will really help you at the initial stage.
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April 13, 2016, 11:29:09 PM
 #394

gambling is the only easy way to earn or loose you bitcoins pretty fast. if you are looking for a steady growth ,get coins as rewards for doing online jobs and so on.
I thought to double to 17 BTC bitcoin. The easiest way is definitely a gamble but many people are avoiding it.
Exactly. but I do not find another way easier than gambling ?

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April 14, 2016, 05:46:23 PM
 #395

gambling is the only easy way to earn or loose you bitcoins pretty fast. if you are looking for a steady growth ,get coins as rewards for doing online jobs and so on.
I thought to double to 17 BTC bitcoin. The easiest way is definitely a gamble but many people are avoiding it.
Exactly. but I do not find another way easier than gambling ?

Gambling can be the only possible way to double your coins but with very less probability, but it is not really the easiest way to do it.
Because it is really not easy to win in gambling, all depends on luck when it comes on gambling and not everyone gets lucky in it.
Only few people out of thousands gets lucky in gambling.
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April 14, 2016, 05:55:15 PM
 #396

How about CFD trading, you could easily do some more or less basic TA in order to risk a tenth (0,7 btc) while using 10x leverage, cut losses at -5% and take profit at whatever you see fit.

i have never heard of this term before.
by googling it sounds a little bit complicated, am i right?

can you explain a bit more about this.
A CFD is something like 'contract for difference'; the investment bank issues them and pays you the difference in price if you sell them back to them. The bank wins money by issuing ridiculous lending (200x) and charging fees based on your+your lended. Furthermore, the longer you hold on to you CFD the more the 'overnight financing' fees eat into your profit.

You can go long (you think the price goes up) or go short (you think the price goes down) (THESE ARE NOT 'BINARY OPTIONS'!!)

To reduce fees, dont use more than 10x leverage (lending), if the price now moves 10% in the wished direction, you make 100% profit vice-versa. Moreover, trade short term due to overnight financing.
I might get shit for this, but I'm convinced fundamental analysis is utterly useless for short term trading; look into technical analysis (book by Martin J. Pring is a classic). If you know the basics, you might wanna join a community like 'tradingview' in order to see how people work. Grin

This sounds interesting but really complicated. Maybew I'm just not at that level.

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April 14, 2016, 06:29:04 PM
 #397

Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?

i know, cldmine, it's a safe cloud mining site, but as you can see, it's not fast

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April 14, 2016, 07:00:22 PM
 #398

If I am in need of quick money then I will surely go for gambling, and I know majority of people thinks that it is risky but I won't hesitate in taking that risk if I need it in a quick time, and I am very good in it.
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April 14, 2016, 07:39:43 PM
 #399

Risky way - gambling. You just need to be not a compulsive and playing with cold bood and frash brain. Than everything will be okay.

Gambling is always gambling, whether you play with cold blood or fresh brain, whether you use any strategy or just play for the luck to hit you a jackpot, but at the end of the day it is gambling, and it is the game where the probability of losing is more then winning.


Gambling will be a good way to have 17 bitcoin if you can find you luck in it but if you dont believe in luck then you must go with trading and be smart there.
well to be honest you will almost every time lose money on gambling so you shouldnt do that for earning money, though also trading can give you losses too in my opinion

i would recommend you to just buy your bitcoins in order not to lose your money when investing it to some kind of a schemes or just gambling it all away, though its just my suggestion
I agree and I do not like gambling at all but trading goods with bitcoins can be good if you start with small amount.

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April 15, 2016, 05:32:20 PM
 #400

Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?

i know, cldmine, it's a safe cloud mining site, but as you can see, it's not fast



Those cloud mining sites are always suspicious.
Someone should not take the risk of investing such a huge amount of 7 btc into it.
What if it collapse before you reach ROI or to earn some profit?
Better to do something else then this, but if you want to try it then try it with a smaller amount, not that big.
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