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Author Topic: Have $20 worth of bitcoin, how to earn more with it?  (Read 9753 times)
CoinFoxs
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June 26, 2016, 10:03:24 AM
 #41

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...


You can do gambling if you are good on it, otherwise hold your bitcoin and wait for the right time when the price of bitcoin will increase !!
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June 26, 2016, 10:05:56 AM
 #42

The only thing that i can suggest to you to stop doing claiming faucet because it takes a long time before you can earn much more.. try altcoin section that you can do some bounty to earn altcoin and you can sell it fast in bitcoin.. .. as of now i can not suggest to you to invest it right now its risky to invest it.. better to learn trading first and start trading in low amount so that you can learn basic things with profit or you will lose..

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June 26, 2016, 10:38:53 AM
 #43

You can learn a trade altcoins, I think $20 is well worth to trade altcoins, and you can get many benefits with it. but you have to learn it first.
Yeah studying altcoin trading is worth it because we can earn a lot of money by doing some altcoin trading. I also do altcoin trading and the first time that i trade was successful because i doubled my money fast like the $5 that i have last time and now it's $15 and it's continue growing with the help of altcoin trading Grin.
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June 26, 2016, 10:56:55 AM
 #44

You can buy more, trade your bitcoin or simply hold them. Is say the latter would be the best, as the halving is so neat, and the fact that Brexit is causing worldwide financial instability.

Simply trying to trade an amount this small will be extremely difficult, as the fees will be relatively high, too.
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June 26, 2016, 11:13:37 AM
 #45

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...
You can use this money to trade altcoins, it is profitable enough with your budget, and it does not take much time.
Otherwise, you can invest this money in specialized sites, but it's risky.
Or, you can invest in a cloud mining site, and it is also risky.
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June 26, 2016, 10:33:15 PM
 #46

dont trade altcoins, its always a loss, stick to btc, join bitfinex and your profit will grow with margin trades  Grin
I think the trade altcoin some time ago not very good because bitcoin prices rising high so almost every coin has decreased the price of the rate in bitcoin. but trade is certainly about your skill in selecting potential coin. altcoin or bitcoin trading will benefit if you possession of knowledge and skills in it
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June 28, 2016, 12:07:41 AM
 #47

dont trade altcoins, its always a loss, stick to btc, join bitfinex and your profit will grow with margin trades  Grin
Lol my friend became rich from trade altcoin. How could you say that altcoin trade is bad. I think it depends on your skill Lol


not skill with altcoins, manipulation is the word , just like bitcoin now being pumped and im helping  Grin
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June 28, 2016, 12:11:47 AM
 #48

Even though $20 is a very low amount for this, you could try to sell bitcoins to another payment method for a slightly higher price and then rebuy bitcoins with that extra money, rinse and repeat. The only downside would be that you might have to wait a bit for someone that's interested or desperate for bitcoins and you won't earn that much.
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June 28, 2016, 12:16:33 AM
 #49

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...
You can use this money to trade altcoins, it is profitable enough with your budget, and it does not take much time.
Otherwise, you can invest this money in specialized sites, but it's risky.
Or, you can invest in a cloud mining site, and it is also risky.

I agree with you on cloud mining being risky because a cloud mining site called Hashocean recently got shut down and it is unknown as to whether or not the site will reopen. I had 0.1 in there but I guess it may be gone. It would generally be a good idea to look around on the site and get advice from others who have used the site before. There is also the mining reward halving which going to be coming up very soon..
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June 28, 2016, 02:24:39 AM
 #50

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...


You can do gambling if you are good on it, otherwise hold your bitcoin and wait for the right time when the price of bitcoin will increase !!

With such a amount holding is not even worth it, you should just do some sig campaigns on the forum to make more bitcoins and than simply hold to make some nice profits by just the worth.

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June 28, 2016, 02:27:48 AM
 #51

With such a small amount, you may want to consider just holding the bitcoin for a few years and selling later. Trading with such a small amount is not going to gain you very much. Holding may double your money in a year.

 
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June 28, 2016, 05:19:35 AM
 #52

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 think it's a good amount to start doing some altcoin trading because now you can buy many altcoins because the price of the altcoins are getting cheap. Altcoin trading is one of the best way to earn more bitcoin or money with that $20 for me so why not try altcoin trading and see the results Grin.
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June 28, 2016, 08:13:34 AM
 #53

Everyone is talking about trading, but no body spoke about their own strategy.
Traders of this topic, could you shortly describe your own strategy (when to buy and to sell) and the tools you use (which broker, if you use a bot) ?



.
.BIG WINNER!.
[15.00000000 BTC]


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June 28, 2016, 08:15:34 AM
 #54

Use it to gamble, but 20$ btc is not enough in trading or in investing.
Just gamble and make it triple
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June 28, 2016, 08:19:25 AM
 #55

Use it to gamble, but 20$ btc is not enough in trading or in investing.
Just gamble and make it triple

I agree the best way to try to increase this amount is with gambling. It's not a big sum so you will not risk too much and stil you have chances to win some. So, go for it!

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June 28, 2016, 08:34:30 AM
 #56

It's a losing strategy in the long term (not an investment), so I don't know if you can consider it as a way to earn more... But it's true that 20$ are probably not enough for trading or even investing in a dice site (relatively high transfer fees)...



.
.BIG WINNER!.
[15.00000000 BTC]


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June 28, 2016, 08:42:12 AM
 #57

Sell it to somebody for a profit.  (In fact, I will give you $30 in Dwolla for it right now.)  You can advertise on the auction sites and make a premium on it.  Or, you can get a premium for it by offering it on localbitcoins....Other than that...don't expect to gain large returns from such a small amount.  AND, stay away from any offer that advertises large returns....bitcoin doublers and such...those are HYIP's and they take your money.
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June 28, 2016, 02:53:13 PM
 #58

I you really want to earn more Bitcoin then you should buy them with your own money or try to win them by gambling and I do not think that that is going to work.
The only thing that you can do is buy them and invest time in them by holding for future. If you are able to do that constantly you will make a profit every time and use that money to buy more coins. It is like a cycle you keep doing the same.
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June 28, 2016, 02:56:26 PM
 #59

20 is nothing, I would recommend against trading and just get a job and try to make at least 1,000 dollars in BTC, ideally 10,000. Once you reach that point, you can start trading, but trading with small amounts like those will require high risk if you want to make any sort of relevant gains.
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June 28, 2016, 03:07:52 PM
 #60

What about investing in a site like btcjam or loanbase? I haven't tried that myself yet, but will in the near future.
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