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Author Topic: Have $20 worth of bitcoin, how to earn more with it?  (Read 9748 times)
SinsOfWrath (OP)
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June 23, 2016, 04:01:46 PM
 #1

I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.

how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?

if anyone got some advice, please tell me.
since i was new to bitcoin.

thanks...
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June 23, 2016, 07:39:05 PM
 #2

Nowadays the best investment is that you hold that amount in your wallet as in the next month the halving will occur and with that the price will increase much faster and o a higher value.
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June 23, 2016, 07:44:56 PM
 #3

Try your luck with altcoin trading but for that you need to be aware about every news in altcoin niche and sell/buy timely.
IT is very risky however if you don't panic when you go low, success is after every dump there is pump. Wink

20$ will not be enough for bitcoin trading so i suggested you to learn altcoin trading. But risk is very high, don't trade more than you afford to loss.

 
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June 23, 2016, 08:00:47 PM
 #4

I wouldnt follow what other people are doing...

And you`ll also notice that people have a way of hiding what they are doing as well by giving bad advice.

If you seen the advice pop up multiple times - most of the time that choice has been ages ago like you mentioned with "faucets".

I would go sticking your time on the skill/talent you can bring in the service section - start with vouchers and build your name out here then changing your prices to a slight premium.

The advice for trading is a different animal all together, so I wouldnt get into it unless you have experience.

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June 23, 2016, 08:05:35 PM
 #5

$20 is barely worth the effort when doing trading. I would just wait till you have collected yourself at least $100 worth of BTC, and then to start doing some trading alongside what you were doing already.
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June 23, 2016, 08:23:02 PM
 #6

You could loan it out if you're not muslim.  If you do, just be sure to get collateral or else you'll end up with zero bitcoins very quickly. 

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June 23, 2016, 08:34:31 PM
 #7

I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.

how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?

if anyone got some advice, please tell me.
since i was new to bitcoin.

thanks...

I don't know any better way to increase $20 of bitcoins except trading with altcoins, it's not the best way but its one of the best, it involves high risk because you will or loose a little or make a little profit from them. Another way is reselling digital goods.
SinsOfWrath (OP)
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June 23, 2016, 09:24:06 PM
 #8

ah thank you for your advice. i'll figure it out to earn some with what i have now. really apreciate your respons.
god bless you guys
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June 23, 2016, 10:07:24 PM
 #9

You're writing on here which means you must have some internet and a machine which means you might have a little bit of money. If you want more then buy it. Way better use of your time with zero risk.
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June 23, 2016, 10:20:23 PM
 #10

You're writing on here which means you must have some internet and a machine which means you might have a little bit of money. If you want more then buy it. Way better use of your time with zero risk.
i doubt that he is talking about such a thing as buying because in my opinion he wants to know the free ways on how to make that much money as buying is always an easy way

i think you might do some trading with those dollars in order to earn even more money though it might be sometimes really risky so i would do this with the money i can afford losing only

 
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June 23, 2016, 10:27:24 PM
 #11

Stop doing faucets... They are a waste of time. You should rather subscribe to a signature campaign. When you compare in terms of time signature campaigns are infinitly better than faucets.



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Rainbot
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June 23, 2016, 10:29:43 PM
 #12

]i doubt that he is talking about such a thing as buying because in my opinion he wants to know the free ways on how to make that much money as buying is always an easy way


I know but there comes a point where you gotta decide how much your time is worth to you. when you're on your death bed you're gonna regret spending five thousand hours on faucets to get $75 worth. You could've earnt thousands in that time doing bum jobs or trained yourself to earn way, way more.
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June 23, 2016, 10:31:27 PM
 #13

I'd recommend trading altcoins. They can provide great profits if you get lucky. Try to diversify your investments so you don't end up losing it all at once. Good luck  Grin
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June 23, 2016, 10:35:47 PM
 #14

Stop doing faucets... They are a waste of time. You should rather subscribe to a signature campaign. When you compare in terms of time signature campaigns are infinitly better than faucets.
I think not a problem to keep using the faucet while you look for other methods to get more bitcoin. you might try to trade. it is a great part-time job

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June 23, 2016, 10:36:38 PM
 #15

can you give me an example of trading altcoin?
is it like buying lite/doge/dash or else then hold it?
or?
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June 23, 2016, 10:41:00 PM
 #16

Some people day trade, some people buy them when they're just starting out and wait. If you'd bought eth a few months back and sold up at the peak your $20 would've become about $600.

Make sure you don't get attached and get out when the going's good because most them don't have any type of future. You can make crazy returns on alts and lose it all just as easily. it's gambling pure and simple.

Poloniex is probably the best alt exchange. Pick a coin on there, look at its price history and you'll see what types of gains or losses you could've made.
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June 23, 2016, 10:42:07 PM
 #17

I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.

how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?

if anyone got some advice, please tell me.
since i was new to bitcoin.

thanks...
First of all I like to know the name of websites that you earned that amount of bitcoin also maybe if you can buy some books to learn something useful that can be source of income for you is a good way of spending your money.

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BitMaxz
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June 23, 2016, 10:56:04 PM
 #18

Stop doing faucets... They are a waste of time. You should rather subscribe to a signature campaign. When you compare in terms of time signature campaigns are infinitly better than faucets.
But the problem is he is just newbie and i think he can not join in campaign.. unless bitvest and 777coin accepting newbie again..
Well if you have $20 in bitcoin better to trade bitcoin to usd usd to bitcoin this is i think the safiest to increase the amount of bitcoin just right now bitcoin is pretty cheap.. and theres a margin price increase and decrease just set it in margin to $10 usd and i think you can make a profit with this method.. because the price movement right now is fast..

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June 24, 2016, 07:21:11 AM
 #19

I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.

how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?

if anyone got some advice, please tell me.
since i was new to bitcoin.

thanks...
Start trading with that amount, you can trade on exchanges with smallest amount of bits, with that you will be able to earn more amount of bitcoin within a shortest time period just like all other are earning.
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June 24, 2016, 08:58:49 AM
 #20

you can start trading with your $20 i think those amount not too small but certainly you must have skill to do so because in trading also you could losing your money but if you want more challenging you also could start to gambling and might be this is not good options but if you were lucky you could won big amount from your capital
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