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Author Topic: Have $20 worth of bitcoin, how to earn more with it?  (Read 9748 times)
Hellacopter
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October 04, 2016, 06:57:02 PM
 #161

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 04, 2016, 07:03:25 PM
 #162

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit


Holding is good only if you have higher amount of coins, even if price goes higher in future how much profits he will be making with that small amount? Its better to trade altcoins and grow the amount of coins.
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October 04, 2016, 07:11:14 PM
 #163

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit


Holding is good only if you have higher amount of coins, even if price goes higher in future how much profits he will be making with that small amount? Its better to trade altcoins and grow the amount of coins.

I agree!  converting to bitcoin and holding that 20 usd of yours will not improve your status of living even if bitcoin increase to 10k per coins.  It is too small to make an impact to your life just by  holding it.  Better learn to trade and do it right now if  you want to earn more with it.  Trading is boundless  when it comes to earning but you need to  work and research hard and smart for it

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eddyubachs
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October 04, 2016, 07:27:09 PM
 #164

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit


Holding is good only if you have higher amount of coins, even if price goes higher in future how much profits he will be making with that small amount? Its better to trade altcoins and grow the amount of coins.

I agree!  converting to bitcoin and holding that 20 usd of yours will not improve your status of living even if bitcoin increase to 10k per coins.  It is too small to make an impact to your life just by  holding it.  Better learn to trade and do it right now if  you want to earn more with it.  Trading is boundless  when it comes to earning but you need to  work and research hard and smart for it

Yeah and even I don't think that altcoin trading will help him in making good profits from it and to make profits with that amount he need to wait for a long duration.
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October 04, 2016, 07:41:24 PM
 #165

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit


Holding is good only if you have higher amount of coins, even if price goes higher in future how much profits he will be making with that small amount? Its better to trade altcoins and grow the amount of coins.

I agree!  converting to bitcoin and holding that 20 usd of yours will not improve your status of living even if bitcoin increase to 10k per coins.  It is too small to make an impact to your life just by  holding it.  Better learn to trade and do it right now if  you want to earn more with it.  Trading is boundless  when it comes to earning but you need to  work and research hard and smart for it

Of what I have read so far one common thing that everyone have suggested in increasing the value of coins op has is trading but the issue I have and quite a number of people will have including op because if he does he won't bother come to ask is his to trade. I expect to see one of this pro in trading create a step by step trading guide where we can all learn and other pros can contribute to it...
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October 04, 2016, 07:49:31 PM
 #166

Gamble it dude, What else you are expecting from that amount? Try your luck in gambling, either you win or you loose and it will give you result on the spot, just remember time is money, and cannot afford to waste money behind it to earn profits in peanuts.
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October 04, 2016, 08:12:03 PM
 #167

to be honest, 20 dollars are very few to make any revenue. you may try to trade altcoins and the more risk you take the more profit you may earn
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October 04, 2016, 08:15:57 PM
 #168

to be honest, 20 dollars are very few to make any revenue. you may try to trade altcoins and the more risk you take the more profit you may earn

Yeah to make profits from that amount even in altcoin will require luck as he can buy the cheapest coin and hope that price pumps in coming days, but there is no guarantee that it will surely happen.
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October 04, 2016, 08:17:23 PM
 #169

Try trading much better than gambling invest in a few coins that are most likely to bounce back and avoid the pumps.
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October 04, 2016, 10:48:10 PM
 #170

It is not the big amount but if you are not experienced this could be a good start with not much to lose if things go wrong. I suggest that you try with small trading just to get the feeling how it's going and if is this the right investment for you. You will not earn much but you can decide then whether you want to continue with larger amounts.

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October 05, 2016, 01:22:11 AM
 #171

I think $ 20 is too little to invest, so maybe you'd better try to play trading, because if you're great at playing trading, chances are you can generate more than $ 2 per day. but, in trading there will always be a risk, well, even in the investment, but if you do it carefully, you might be able to minimize risk
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October 05, 2016, 05:46:26 AM
 #172

I think $ 20 is too little to invest, so maybe you'd better try to play trading, because if you're great at playing trading, chances are you can generate more than $ 2 per day. but, in trading there will always be a risk, well, even in the investment, but if you do it carefully, you might be able to minimize risk

Even that is going to be small amount to invest but if you only have that amount. Then what you need to do is to invest it with trading because that is the only way that you are going to make it more. Because if you are going to put that in gambling that is not going to grow unless you are that very lucky and basing upon your luck is not reliable all the time.

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October 05, 2016, 05:53:58 AM
 #173

Try trading instead of gamling because in gambling risk rate is very high and winning rate is less as compared to loosing rate, so if you really want to make some coins from your 20$ then do trading and if you want to loose your money and also want to waste your time then do gambling. The best option is trading now its upto you wha you want to do with your coins.
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October 05, 2016, 08:37:49 AM
 #174

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.
You can try to take part in some of these campaigns at this forum that will give you a chance to earn some free bitcoin because you cannot do much with only $20 worth of Bitcoin.
Or you can try Bitcoin gambling maybe luck is on your side and you can make more Bitcoin.
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October 05, 2016, 08:55:01 AM
 #175

There are many suggestions to trade altcoins here, but seriously guys how much can you make per day investing $20 in trading?

Investing in established altcoins you can make not more than $2 per day if you are very lucky, but the good side of it is that you probably won't lose more than $2 too.

Investing in sh**coins theoretically you can make $20 or even $40 but most likely you will lose your $20.

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October 05, 2016, 09:44:22 AM
 #176

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.
Well waiting for the halving won't really work now. Seeing as you have to wait another 3 and a half years and you probably won't even make much of a profit. I would suggest a signature campaign and investment to earn more money.
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October 05, 2016, 09:46:42 AM
 #177

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.
Well waiting for the halving won't really work now. Seeing as you have to wait another 3 and a half years and you probably won't even make much of a profit. I would suggest a signature campaign and investment to earn more money.

Can you just check the date of his post? He posted this comment before the current year's halving and he is not talking about the next halving and he is right everyone was hoping for higher price after the halving.
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October 05, 2016, 10:30:45 AM
 #178

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit

holding doesn't really work with such small amount as $20.
lets assume price goes up to $800 in a couple of months then the profit will be $6 and I really doubt that $6 profit over a couple of months is a considerable amount of money anywhere in the world!

Yeah and even I don't think that altcoin trading will help him in making good profits from it and to make profits with that amount he need to wait for a long duration.

I disagree.
I don't know if OP is even considering this anymore but lets assume today someone wants to make a decision about $20. it is about 0.03BTC and with that amount you can start trading multiple altcoins as testing and make 0.03BTC profit in a month if you are willing to learn it.

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October 05, 2016, 10:42:44 AM
 #179

Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit

holding doesn't really work with such small amount as $20.
lets assume price goes up to $800 in a couple of months then the profit will be $6 and I really doubt that $6 profit over a couple of months is a considerable amount of money anywhere in the world!

Yeah and even I don't think that altcoin trading will help him in making good profits from it and to make profits with that amount he need to wait for a long duration.

I disagree.
I don't know if OP is even considering this anymore but lets assume today someone wants to make a decision about $20. it is about 0.03BTC and with that amount you can start trading multiple altcoins as testing and make 0.03BTC profit in a month if you are willing to learn it.

Yeah and I think investing in altcoin is the best choice for him, he won't be able to make huge profits overnight but over a period of time he can expect some descent profits if he chooses the right coin.
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October 05, 2016, 10:55:44 AM
 #180

To earn more money with the amount of bitcoin you have know, there are some methods ill suggest you to use. First of all, you can invest in a gambling sites bankroll. You can earn a decent amount of bitcoin there but invest only in reputable ones like crypto-games. Other methods that ill suggest you is through altcoin trading and investing on investment sites though it's quite risky but its one of the way to earn more bitcoin.
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