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Author Topic: Will my method be a good steady income?  (Read 4111 times)
ethereumhunter
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August 02, 2016, 09:12:20 AM
 #61

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

its a step full of risk, i mean in one side we claim from faucets, the other side trying to make it double. i think its not work, but okay if there is people was succeed with this. in my opinion and my suggestion is why you not keep those bitcoin into your wallet and do not play multiplay? better you make a trading or even you can trying increase your rank on here, join signature campaign, then you can get steady income month by month.

it is just a full of risk for you.

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August 02, 2016, 10:18:47 AM
 #62

Gambling is not a great method  to earn a steady income, you could lose all of your money. I would recommend trading, bitmex offers a platform that means you can trade with less than  100,000 satoshi, this is probably a better way to earn a steady income compared to gambling.
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August 02, 2016, 10:29:16 AM
 #63

Gambling is not a great method  to earn a steady income, you could lose all of your money. I would recommend trading, bitmex offers a platform that means you can trade with less than  100,000 satoshi, this is probably a better way to earn a steady income compared to gambling.

Yeah, indeed trading better than gambling in my opinion. And with trading we can manage risk well. Unlike the gambling that only rely on luck. haha
But in my opinion, trading can not be used as a  fixed income. Because trading profits can not be predicted. Fixed income can be obtained from work Smiley

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August 02, 2016, 10:57:18 PM
 #64

First of all, which type of Martin Gale are you using.
To answer you question more specifically, I would say that such a method wouldn't produce for you a steady income. After all, in the end it is just auto-gambling which you can never be sure whether you will win or not. So it may or may not be a steady source of income.
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August 03, 2016, 09:48:31 AM
 #65

First of all, which type of Martin Gale are you using.
To answer you question more specifically, I would say that such a method wouldn't produce for you a steady income. After all, in the end it is just auto-gambling which you can never be sure whether you will win or not. So it may or may not be a steady source of income.

At the first place, gambling is not a source of income at all, for anyone, it is just the luck of some people who manage to win some bucks in gambling, otherwise you can ask all the gamblers as a research to know if who's winning percentage is more than his loses.
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August 10, 2016, 11:25:04 PM
 #66

It's not really much of a method it is just luck you have been having that is all.

 
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August 11, 2016, 06:54:56 AM
 #67

First of all, which type of Martin Gale are you using.
To answer you question more specifically, I would say that such a method wouldn't produce for you a steady income. After all, in the end it is just auto-gambling which you can never be sure whether you will win or not. So it may or may not be a steady source of income.

At the first place, gambling is not a source of income at all, for anyone, it is just the luck of some people who manage to win some bucks in gambling, otherwise you can ask all the gamblers as a research to know if who's winning percentage is more than his loses.

Surely the gamblers you would ask ,will answer the same question which is loss percentage  is higher than  winning percentage and thats very true we suffer losses  more rather than on winning  through gambling and thats reality. Theres no such steady income or profits in gambling since it only matter  on luck do you have and some sites take advantage to their players  making their site  not provably fair which is very bad for us players.

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August 11, 2016, 08:32:43 AM
 #68

i think you can share methode about collect bitcoin trading
collect coin ico, collect altcoin
and is real true read only gamble dice and faucet
but is good share for newbie equal for me
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August 11, 2016, 09:21:40 AM
 #69

First of all, which type of Martin Gale are you using.
To answer you question more specifically, I would say that such a method wouldn't produce for you a steady income. After all, in the end it is just auto-gambling which you can never be sure whether you will win or not. So it may or may not be a steady source of income.

At the first place, gambling is not a source of income at all, for anyone, it is just the luck of some people who manage to win some bucks in gambling, otherwise you can ask all the gamblers as a research to know if who's winning percentage is more than his loses.

Gambling never promises us profits, its just an pure luck that will make you win sometimes, but you cannot depend only on gambling for living, as you can never expect stable income from it.
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August 11, 2016, 11:10:07 AM
 #70

Gambling never promises us profits, its just an pure luck that will make you win sometimes, but you cannot depend only on gambling for living, as you can never expect stable income from it.

In line with you, I was one of the people who do not like gambling. Because I was thinking in absolute gambling there is only luck and win lose. There is no strategy there, but there are some people who say if gambling were to be used martigale strategy and do not be greedy. But I think gambling is only going to spend our money in vain and made bookie rich.

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August 11, 2016, 09:03:09 PM
 #71

Gambling never promises us profits, its just an pure luck that will make you win sometimes, but you cannot depend only on gambling for living, as you can never expect stable income from it.

In line with you, I was one of the people who do not like gambling. Because I was thinking in absolute gambling there is only luck and win lose. There is no strategy there, but there are some people who say if gambling were to be used martigale strategy and do not be greedy. But I think gambling is only going to spend our money in vain and made bookie rich.

The basic rule of gambling is that house always wins, may be you will win sometimes if you are really lucky on that day but in long run you will loose everything for sure.
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August 12, 2016, 02:36:32 AM
 #72

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.
NO
you can lose 1bitcoin if you do it, i have bad experience with gambling, use 1satosi martiangle then 1000 roll and i lose 0.1 btc

anyway i think better to move this thread to gambling sub forum
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August 12, 2016, 04:39:29 AM
 #73

The basic rule of gambling is that house always wins, may be you will win sometimes if you are really lucky on that day but in long run you will loose everything for sure.

Yeah, and I think if we could get rich from gambling was very lucky. For as long as I know no one who truly rich from gambling bitcoin. Because it is difficult to guess the formula in gambling, and that strategy is only known by the owner.

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August 12, 2016, 05:56:11 AM
 #74

The basic rule of gambling is that house always wins, may be you will win sometimes if you are really lucky on that day but in long run you will loose everything for sure.

Yeah, and I think if we could get rich from gambling was very lucky. For as long as I know no one who truly rich from gambling bitcoin. Because it is difficult to guess the formula in gambling, and that strategy is only known by the owner.

Theres no such strategy in gambling and even those owners itself doesnt make any ways  or exploit techniques  on their site because it might be the reason for them to suffer bankruptcy in their business. Yes, theres no  rich in gambling exclude on those  winners on lottery for sure there are millionaires. Lottery is also gambling.

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August 12, 2016, 03:22:36 PM
 #75

The basic rule of gambling is that house always wins, may be you will win sometimes if you are really lucky on that day but in long run you will loose everything for sure.

Yeah, and I think if we could get rich from gambling was very lucky. For as long as I know no one who truly rich from gambling bitcoin. Because it is difficult to guess the formula in gambling, and that strategy is only known by the owner.

There is no strategy at all, even a owner does not know anything if he plays in his own casino because there is no trick or strategies that can make you win but those games are just made for gaining profit but not for providing profits, that is the reason why casinos never get bankrupt.
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August 12, 2016, 03:54:58 PM
 #76

The basic rule of gambling is that house always wins, may be you will win sometimes if you are really lucky on that day but in long run you will loose everything for sure.

Yeah, and I think if we could get rich from gambling was very lucky. For as long as I know no one who truly rich from gambling bitcoin. Because it is difficult to guess the formula in gambling, and that strategy is only known by the owner.

There is no strategy at all, even a owner does not know anything if he plays in his own casino because there is no trick or strategies that can make you win but those games are just made for gaining profit but not for providing profits, that is the reason why casinos never get bankrupt.

That's right, there is no strategy on gambling it's all about luck. So if you're planning to stick to gambling only to gain profits then i think that's the worst decision to do. Play other field like trading because it will give your more bitcoin rather than gambling.
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August 12, 2016, 04:32:23 PM
 #77

Your method is pretty risky, you gamble your earnings from the faucet and that's so risky because you can lose it. Just collect your earnings and rank up your account to join a signature campaign
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August 12, 2016, 05:29:47 PM
 #78

I don't think your method will really work, because it's depending in gambling, and tha&t's risky as known. It's better for you to collect your earnings from faucet and hold it in your wallet.
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August 12, 2016, 05:53:40 PM
 #79

Your method is pretty risky, you gamble your earnings from the faucet and that's so risky because you can lose it. Just collect your earnings and rank up your account to join a signature campaign

Yup Gambling is all risky in any kind of aspect because as I know many of the persons lost their money through gambling It would be risky and You can try to join best signature campaigns like bitmixer or bitx to get nice pay and the campaign is also running for long time.
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August 12, 2016, 06:14:59 PM
 #80

no it will not when i was a starter i had some same plNs like this but after trying it i lost my money as everytime i did its simplys no one can beat the house edge and it only effects most at long run players
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