SnappingTurtle114 (OP)
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July 29, 2016, 11:29:26 AM |
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I just got back into Bitcoin recently, and Out of pure boredom and and sheer entertainment I started collecting from faucets. I used these faucets, everyone I could find for about 2 months straight every day. I then Singled out about 5 of them and dumped the rest. The ones I kept can bring me about 20k Satoshi a piece a week. I also use a few apps on my android that claim very nicely, especially when they don't have captcha, they use 5-30 second videos, so and I have set up Tasker profiles that collecting them for me automatically at each claim time. This surprisingly has done very well for me. I got it down to last month alone using minimal faucets and apps to bring me in .01 easily.
So I have used about 3 months of insane faucet collecting to start the main .02 BTC I used to start and learn how to trade with. I managed to Buy low enough and sell high enough I earned my way up to about .04 in my first week in trading. I then Learned about margin trading, How you can short, and even go long. So i did that with BTC until i hit about .07ish. (margin trading turns out to not be such a strong point for myself.) Well then I moved my BTC over to Poloniex where I could trade some cheaper coins. I figured if the price of the coins were lower, I would own more volume of them, so Day trading should render out where I would either make significantly more, or lose significantly more. That was correct. I used ETH To make a lot of profit (remember A LOT of profit to me is probably nothing to some of you guys; im still on a low beginner level). Well After the Hard Fork, ETH beat me up a few times in some margin trades gone bad, So right about now I have landed myself with about .1 BTC in the exchange to trade with, and a few random wallets collecting on my same faucet strategy i was previously using.
I am at a halt right now,with ALTs top markets going the way they are going, that unless I catch a pump and dump and right time I have been using alot more caution then before trading with my entire volume or maxed out leverages. I got this far without spending any of my own money, and profiting purely off time i would be doing nothing anyways in. So to me im 100% up with just a lot of hard work.
My question is, what can I do to earn more, I want to hit my first, (and only) goal at the moment, and that is to earn 1 full Bitcoin. I am still learning what i can on trading, but im no expert, I was thinking about selling items on a bitcoin as payment market to gain some more towards my goal. I am curious as to what else I can do to earn a passive BTC income. Things people have found that return a revenue stream that is at least worth it. Like by doing nothing, and having advertising on social media or signatures, or ANYTHING really. I have heard of so many ways people just invested here or there and returned profit, or they just do this or that, which they'd be doing anyways and are earning for it.
I considered a trading Bot at once, but i saw stories how Bots are no good and will loose overall. So I am asking people who have been out in the scene longer then me, What is going to work and what isn't? Should I stick to trading and just try to find a mentor and keep teaching myself, Would that be the best way to utalize the many souces of bitcoin profit or what?
I will do just about anything. Small jobs my computer skills allow for, or perform stupid tasks like watching videos or something if the payout is atleast worth it. I prefer a minimal loss solution but, sometimes you have to take a risk if you want the reward!
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European Central Bank
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July 30, 2016, 04:48:49 PM |
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sounds like you're good at trading. wish I was.
the obvious one is to buy an account here and sign up for a sig campaign. sure, it's not passive, but it's risk free and consistent. I wouldn't bother buying anything less than senior level. they turn up in auctions and digital goods here. you could make 1 bitcoin in a few months with the right one.
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SAMKUSH
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July 30, 2016, 10:02:07 PM |
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One way you increase your investment would be to invest in a casino bankroll, with 0.1btc you won't get 1 Bitcoin any time soon but it will earn you a few thousand satoshi every week. Sites I have used are crypto-games and just-dice but there are others available.
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klarki
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July 31, 2016, 08:27:23 PM |
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Above correctly written that you can earn this amount for 1-2 months.
Monitoring bounty market, often are quite profitable.
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olubams
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July 31, 2016, 08:35:53 PM |
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One way you increase your investment would be to invest in a casino bankroll, with 0.1btc you won't get 1 Bitcoin any time soon but it will earn you a few thousand satoshi every week. Sites I have used are crypto-games and just-dice but there are others available.
I'm kinda actually in the same shoe with op but would also like to invest. Please @samksuh kindly provide step by step to invest on the sites you suggested would be very much interested... Thanks you can pm me if you dont mind and you can post here too... |
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Loganota
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August 01, 2016, 02:18:50 AM |
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Cool, I am also following about your way, my goal is also to get my first BTC and I'm trying to do this in trade and margin. I hope it works for both of us.
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The Sceptical Chymist
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August 02, 2016, 02:50:25 AM |
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What worked for me was having a job in real life and buying my first bitcoin with that. But if you're happy with making pennies per hour, more power to you. It's going to take a long time though.
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SnappingTurtle114 (OP)
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Activity: 16
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August 07, 2016, 04:04:36 PM |
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I have the cash to buy 1 Bitcoin, But unless I can turn that into about 2 or 5 Bitcoins easily, Im not sure how worth it that it would be buying that first one at $600. If it was 5 years ago and I could get the first bit coin for under $100, then waiting knowing it would go upto $700 then that would be profitable. I do have money set aside to invest also to help, But The problem is finding a method where I can make profit from bitcoin to begin with. If there was a way, I would buy that 1 BTC if i knew i could grow it, not just risk loosing it by bad trades or something...
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Roboabhishek
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August 09, 2016, 10:10:22 AM |
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You made a nice post about your story post is so constructive and easy to understand. Glad if you can make a post how to do leverage trading and make money easily like you described. Thanks and gl for your future plans  |
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Doamader
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August 12, 2016, 11:01:21 PM |
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Well you are already on the best place to achieve such goal, you can try signatures, and with lucky you can achieve those bitcoin faster, the same way as invest at bankroll of casinos may turn into a cash machine, faucets are a low income but if you combine both you can easy reach the 1 bitcoin till end the year.
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European Central Bank
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August 12, 2016, 11:46:27 PM |
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everything? that's pure suicide. most icos are nothing more than scams and pretty obvious ones at that. sure, put enough in you ain't gonna be bothered throwing away but don't go any further than that. |
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Backside walkaround
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August 13, 2016, 12:39:10 AM |
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Agree with above, that is, or could be, suicide. People thought WAVES was going to the moon but that didn't happen, and you could have lost a lot of bitcoin on that one. A lot of these others have much less going for them in terms of community and dev support, and there's no way in hell a rational person would put everything into an ICO. That is pure gambling and is definitely high risk. |
If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
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Deuceisgood
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August 13, 2016, 08:08:18 AM |
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Agree with above, that is, or could be, suicide. People thought WAVES was going to the moon but that didn't happen ...
Well of course. Lots and lots of scam coins out there. You have to be willing to do some real research, until you find something exciting. I'll tell you my experience: I scraped and scrambled until I put several btc together ... the fruits of faucets, lots of poker, some timely directional trades on btc, etc. And then I put it all on the Augur crowdsale. All of it. EVERYTHING. As the crowdsale was winding down I was still scraping together whatever dust I could and putting it all in. That was almost 1 year ago. Augur token 'Rep' hasn't been distributed yet, but my original investment is trading at ~6x in btc terms, about 16x in US$ terms. Think about parlaying that into a similar investment. That is how you pyramid results. Not just throwing your coins at the first ICO that comes along, but something that makes economic sense. I passed on the Digix crowdsale because I just didn't believe in it - that and I was coin-poor at the time. Still, Digix crowdsale participants are up 100% in just a few months. So, when I suggest an ICO of course I mean you have to study carefully what you are getting into. Dump your coins in some sh*t scam coin and your results will likely not smell very pretty. Of course. |
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Arrakeen
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August 16, 2016, 06:36:29 AM |
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Agree with above, that is, or could be, suicide. People thought WAVES was going to the moon but that didn't happen, and you could have lost a lot of bitcoin on that one. A lot of these others have much less going for them in terms of community and dev support, and there's no way in hell a rational person would put everything into an ICO. That is pure gambling and is definitely high risk. WAVES didn't moon...but now it's up ~150% in the past 24 hours...sometimes holding indefinitely pays off. I bought NIRO at 600sat...sold at a loss a few weeks later out of desperation. Now the price is 6000sat...  not the first coin I regret selling off. When you can afford to lose the money, just invest it in a new, cheap coin and forget about it - sometimes it'll take months or years, sometimes never - but it just might give you returns of 10000x  |
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plpbtc1526
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August 16, 2016, 07:08:34 AM |
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Better save or invest your small amount of btc. Investing is risky but it will help you to fasten your goal. If you dont want, then save it. Dont gamble or spend it until you have reached your goal. Play it in gamble is a bad decision. There are no guaranty you will win or earn on that. Trading is needed a good capital to buy some goods to trade. You can apply to a sigmature campaign here so you can earn much than playing faucets.
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Daneric
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August 16, 2016, 07:19:52 AM |
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OP that is a very good account of your way to make 1 btc. If you stick to your strategy, I am very sure you will achieve your target. Many people want to get 1 bitcoin overnight but end up wiping everything out. Just an advice, never try to gamble with the few coins that you have collected so far because that will be the end of it. Patience is key when you want to achieve your goal. Don't move away from the system that you have used to collect the satoshi. Seek for new ways of earning more - but not multiplying what you already have.
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Roboabhishek
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August 16, 2016, 08:24:44 AM |
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OP that is a very good account of your way to make 1 btc. If you stick to your strategy, I am very sure you will achieve your target. Many people want to get 1 bitcoin overnight but end up wiping everything out. Just an advice, never try to gamble with the few coins that you have collected so far because that will be the end of it. Patience is key when you want to achieve your goal. Don't move away from the system that you have used to collect the satoshi. Seek for new ways of earning more - but not multiplying what you already have.
True many people want 1 BTC also I like the advice you gave never to gamble with the funds because in starting it's 100 sure that he will win some then in future he will build a habit of making quick btc and end up loosing all of them. This is what happened to me in 2014  |
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mk3000
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August 16, 2016, 01:46:35 PM |
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You doubled your money in a week by trading? that's either extremely impressive, or not true. Other than gambling, I don't know other way of doubling your money in such small period of time. I mean, if you managed to do this, what's stopping you from sticking to it and let's say, doubling your money again every few weeks? Nothing else is going to make you money that fast, believe me. Even expert traders can't manage to do it.
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Bitrated user: comoto3000.
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gentlemand
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August 17, 2016, 01:13:27 AM |
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You doubled your money in a week by trading? that's either extremely impressive, or not true.
We're in an era of bonkers pumps. There've been multiple opportunities in the last few days alone to far more than double your money if you'd been in the right place at the right time. Even if you're not, if you wait around long enough you're more than likely to catch a wave to the stars. It's rather a shame that Bitcoin itself can no longer manage this. |
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