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Author Topic: Will my method be a good steady income?  (Read 4181 times)
dunfida
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July 23, 2016, 07:08:43 AM
 #41

~Snip~
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.
~Snip~


If you look at it, this shouldn't be such a hassle on OP because as he stated, his laptop is always ON. But doing the calculations, you would earn roughly 1$ per week. Is 1$ more than what you'll pay for making your laptop ON all the time? I hardly think so. Electricity is expensive in majority of countries.

700-800 satoshi per hour? You might want to just solve a captcha in any faucet site. 1000 satoshi/hour is the average reward for doing faucet. I think this is much better than keeping freebitco.in tab on your browser.

You might want to think of other ways of earning as well. 10$ per month is so little tbh. Also, drop the martingale thing. There's a possibility that your allocated losing streak will be surpassed in the long run, making you lose all your hardly earned money.

Those earnings would be even  of the cost of electricity he consumed  Grin so in short its a total waste of time. Im not discouraging the OP but he had a very terrible stragedy income add on the martingale as you said, those are pointless techniques youll still lose in the end. your 1 month earning $10 would gone in a blink of an eye then youll better start crying. Cry

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July 23, 2016, 08:40:33 PM
 #42

yes you can earn your pocket money from a signature campaign very easily and steadely.
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July 23, 2016, 08:44:44 PM
 #43

yes you can earn your pocket money from a signature campaign very easily and steadely.

Yup signature campaign is really good source of income for the youngsters who wants to earn money on their own and it will definitely take care of their basic stuffs.
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July 23, 2016, 08:51:17 PM
 #44

Sorry, but that is a really bad method, in fact, it is not a method, it is just gambling with the little amount of money you got from faucets. 700- 800 satoshi is smaller than the amount you can get from faucets. Some faucets give you 2500 every withdraw per hour, the low end acceptable amount is 500 satoshi per 30 minutes - 1000 satoshis per 1 hour. If you use referals and withdraw from more faucets you can get about 10$ per 10 days or even 7 days. If you think you are lucky you can then gamble with martingale strategy and try to earn something from it. You can also enroll signature campaigns to earn some extra money.

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July 24, 2016, 06:00:50 AM
 #45

Sorry, but that is a really bad method, in fact, it is not a method, it is just gambling with the little amount of money you got from faucets. 700- 800 satoshi is smaller than the amount you can get from faucets. Some faucets give you 2500 every withdraw per hour, the low end acceptable amount is 500 satoshi per 30 minutes - 1000 satoshis per 1 hour. If you use referals and withdraw from more faucets you can get about 10$ per 10 days or even 7 days. If you think you are lucky you can then gamble with martingale strategy and try to earn something from it. You can also enroll signature campaigns to earn some extra money.

Gambling would never help you grow your bitcoins, the $10 earned hardly from faucets and referrals should not be wasted in gambling even if you use martingale strategy you will just lose that amount and then you will have nothing else to do but to regret.
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July 24, 2016, 09:57:05 AM
 #46

I think gambling would not be a good idea to have a good steady income because it just depend on luck whether you win or lose. Also, I've tried Martingale Method before and even if I have a big starting capital, it just doesn't work because time will come when you will have string of losses and you will not be able to double it up anymore and then realize that you lost all your earnings. It is better to find other ways of earning aside from gambling to have a good steady income.

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virtualx
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July 24, 2016, 10:12:20 AM
 #47

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?

Where are you from? Faucet is a steady income but gambling the slot machine is not. Martingale system does not work because house edge. I recommend gambling with other types of games (sports, betting)

...loteo...
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BitcoinSupremo
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July 24, 2016, 10:23:40 AM
 #48

If you are trying to make an income like you say with that pathetic amount of 0.0002 btc (mine you its the cost of this post I am writing now from my signature campaign) it will not bring you that far.
Let me make it clear for you that the best way to earn bitcoins is by working for bitcoins.

1. Gambling---- Too high risk for a newbie and even for an experienced one if he becomes addicted to it.
2. Facuets ----- Not worthy , unless you live in India and you can claim from faucet box(a rotator where you can claim more than 200-300 facuets there) this can be worth if done consistently but only in India.
3. Trading------ Who ever invites you to this have only done wrong as many of the traders in online platforms are plain losers.

4. Captcha solving---- There are websites like megatypers and 2captcha where you can win money and get paid in bitcoin , only you need to have fast typing skills.
5. If you have more skills than typing, go to xfreebitcoin website and check the jobs offered there for bitcoin.

6. Regarding signature campaign, minimum rank suggested is Full Member but best is to be at least Sr.Member to make a decent income from it.

Pretty much I have brought down to you all of the common options of how to make a steady income via bitcoin.
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July 24, 2016, 11:05:45 AM
 #49

this is exactly what i tried doing when i was a newbie 2 years ago. i just lost my time and money and also got bad results in my class(geez i at least passed) anyway do not gambling with your money/coins , sooner or later it will only give you losses no matter how hard you plan

ishanism (OP)
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July 24, 2016, 11:28:59 AM
 #50

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?

Where are you from? Faucet is a steady income but gambling the slot machine is not. Martingale system does not work because house edge. I recommend gambling with other types of games (sports, betting)


I am from South-Asia, and I think I am stopping with gambling, not good with statistical analysis to gamble.
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July 25, 2016, 07:33:32 AM
 #51

this is exactly what i tried doing when i was a newbie 2 years ago. i just lost my time and money and also got bad results in my class(geez i at least passed) anyway do not gambling with your money/coins , sooner or later it will only give you losses no matter how hard you plan

Everyone gambles when they newly come to bitcoin because they think they can make huge profits with it, many of them leave it later when they see no profits in gambling but some people dont leave it on time and later they get addicted and keep losing their money every time.
dunfida
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July 25, 2016, 07:45:17 AM
 #52

this is exactly what i tried doing when i was a newbie 2 years ago. i just lost my time and money and also got bad results in my class(geez i at least passed) anyway do not gambling with your money/coins , sooner or later it will only give you losses no matter how hard you plan

Everyone gambles when they newly come to bitcoin because they think they can make huge profits with it, many of them leave it later when they see no profits in gambling but some people dont leave it on time and later they get addicted and keep losing their money every time.

I didnt do that thing ever since when i enter the bitcoin world, i just really hate gamble and anything relates to it. I would not intend to play  even on a single game. Im afraid i would get addicted to it but it depends on a person if he have a control to himself and a proper discipline so that you wont got easily be addicted to it.

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July 25, 2016, 07:54:34 AM
 #53

Well, if you have prove it your self already that you are earning using your bot, you can continue with it, but I think you should make your bankroll big enough, actually the figures that you are sharing here are too small, 700+ an hour is too small..if you do it in 12 hours and your computer is open on 12 hours, your earning wont even pay atleast 5% of your power consumption...
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July 25, 2016, 02:38:13 PM
 #54

Im a gambler and sorry to say gambling is not a steady income. You cant win in the long run and most of the time you will lose. Plus your using martingale, i consider it as a worst method.
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July 25, 2016, 03:06:13 PM
 #55

you will never get a stable income on gambling, it's just a waste of time and will not get any advantage. signature campaign was the most stable income.

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July 26, 2016, 04:53:35 AM
 #56

there's a simple rule for gambling: never gamble money you care about.
No matter what you think, you won't make any money from randomness. gambling is just randomness. they only people making money out of gambling are casino owners. find a skill and develop it. learn as much as possible and eventually you'll find a way to make money with a little effort. remember, there's no such thing as free money. and if it looks too good to be true, it is.

Bitrated user: comoto3000.
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July 26, 2016, 03:10:12 PM
 #57

this is exactly what i tried doing when i was a newbie 2 years ago. i just lost my time and money and also got bad results in my class(geez i at least passed) anyway do not gambling with your money/coins , sooner or later it will only give you losses no matter how hard you plan

Everyone gambles when they newly come to bitcoin because they think they can make huge profits with it, many of them leave it later when they see no profits in gambling but some people dont leave it on time and later they get addicted and keep losing their money every time.

I didnt do that thing ever since when i enter the bitcoin world, i just really hate gamble and anything relates to it. I would not intend to play  even on a single game. Im afraid i would get addicted to it but it depends on a person if he have a control to himself and a proper discipline so that you wont got easily be addicted to it.

No one will actually get addicted if they dont play on regular basis, because i have experienced it myself.
I also used to gamble before but only for fun not by investing a lot of bitcoins to earn profits with it because i knew it is not the right way for it, and i never got addicted because i was playing just for fun and if i won that was just a reward.
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July 26, 2016, 03:20:25 PM
 #58

You can't make a steady income out of gambling. Forget it.

And for faucets, like the others said; they are useless. They are even useless for their owners at the moment. Too many of them around. If a job can be done by everybody, it won't be a profitable job.

You can't make money without "knowledge".

Whatever you do which doesn't require knowledge/skills will not be profitable.

That sentence should be your guide in your life. If you are going to buy/sell stuff (trading) you do still need knowledge. If you are going to build a business you need the same. Clicking some links and gambling away is just a waste of time. You will be making money for somebody else.

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July 26, 2016, 03:24:22 PM
 #59

you will never get a stable income on gambling, it's just a waste of time and will not get any advantage. signature campaign was the most stable income.
I think your right but the problem is it needs a lot of time and you are just earning few bucks in signature campaign.
Blogging is the best make your own article about bitcoin do seo with your blog and add some advertisement to your site build back linking and make a large traffic to your site and earn money passively just update your site 3 times a week..

Decided to end it with zer0 profit.
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July 27, 2016, 04:02:05 PM
 #60

you will never get a stable income on gambling, it's just a waste of time and will not get any advantage. signature campaign was the most stable income.
I think your right but the problem is it needs a lot of time and you are just earning few bucks in signature campaign.
Blogging is the best make your own article about bitcoin do seo with your blog and add some advertisement to your site build back linking and make a large traffic to your site and earn money passively just update your site 3 times a week..

Writing an article about bitcoin or creating a blog is not a hard thing, but the hardest part is to add advertisement and to bring traffic to the blog.
A blog doesnt get ads until it gets almost some months old, and bringing traffic to a blog would not be easy without advertising your blog and for that you would need some investments.
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