StarofBTC
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August 29, 2016, 07:21:50 AM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
If you have bitcoin already and are looking for a way to make money with it you should consider day trading! Since BTC is still very new the price is constantly fluctuating all day. Depending of your trade limits you could do this for a couple hours a day and possibly make a decent amount of profit! well, bitcoin price is fuctuating but not like that.. day trading with bitcoin is not profitable enough. because some time bitcoin price won't even increase and decrease for weeks. if you like day trading then do altcoin tradings where price movement graph is higher than bitcoin. altcoin's prices are not that good but if you have enough money you can make good profit there.
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BitFinnese
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August 29, 2016, 08:22:58 AM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
If you have bitcoin already and are looking for a way to make money with it you should consider day trading! Since BTC is still very new the price is constantly fluctuating all day. Depending of your trade limits you could do this for a couple hours a day and possibly make a decent amount of profit! well, bitcoin price is fuctuating but not like that.. day trading with bitcoin is not profitable enough. because some time bitcoin price won't even increase and decrease for weeks. if you like day trading then do altcoin tradings where price movement graph is higher than bitcoin. altcoin's prices are not that good but if you have enough money you can make good profit there. I agree that if you do day trading with bitcoin / usd, it is not that profitable, unlike trading with altcoin / BTC the high volatility of an altcoin really gives you a chance to double or triple your bitcoin in short period of time. one of which is wht happen in CRX where it goes down to 2 sat then up to 30 sat, those who bought at 2 sat would be very happy because of more than 1000% profit.
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Betwrong
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August 29, 2016, 08:46:05 AM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
I'm glad to see that you are saying that Cloud mining is a scum because it really is. As for the other investments you should really think twice before engage in any, because many of them are scums too, not necessarily they meant to be a scum from the beginning but eventually you lose money with them. I suggest you to keep your coins and to try to earn more of them doing different jobs, but investment is the last thing you should think about IMO.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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SvenBomvolen
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August 29, 2016, 09:18:08 AM |
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Someone said invest in trading, and then many copy/paste comments, but how to invest in trading? After some time in bitcoins, I gathered 40 $, how to invest them in trading? To deposit money and what then? Money will come from that? Do exchangers work like that, I collect interest from my money there? I'm not sure how that is working, I still didn't visit any exchanger, I can say that I'm bit afraid after recent crash of one exchanger. Can anyone here explain how to make money from trading, or at least where to learn to trade. I don't have knowledge about trading, and I don't wish to lose my coins.
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trickshot22
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August 29, 2016, 01:08:52 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
yeah, i would never invest my bitcoins anywhere in order not to lose all my money i have right now, i think that bitcoins are really great as it is
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renem
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August 29, 2016, 01:11:02 PM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
there's a lot of ways to invest bitcoin if you are earning that much and then you want to invest your bitcoin in some cloud mining first try to search something if the website are really that appropreiate with your taste because some website are turning into scam website that fast
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Antonio G.
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August 29, 2016, 01:43:24 PM |
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In my opinion, the best way if you are not experienced trader is to keep your BTC and wait ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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marketone
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August 29, 2016, 04:04:29 PM |
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In my opinion, the best way if you are not experienced trader is to keep your BTC and wait ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The question is always how long too wait for. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
Same question as above. But how many years if you thing it will take you that long? For some that started late into bitcoin that maybe too long too wait to produce some results for them.
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Mastsetad
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August 29, 2016, 04:15:17 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
A couple of years is a lot of time and in a couple of years someone can earn a lot of bitcoins using the current capital in altcoin trading or bitcoin trading itself, in bitcoin trading you need to just sell your coins when the price is quite higher then what it is usually, and then buy again when the price comes a bit down, just keep doing that and your coins will be growing with the time.
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Bitcoinsummoner
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August 29, 2016, 04:24:11 PM |
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If you want a good and long term business that you can increase the amount of your bitcoin go to in blogging you can make a lots of profit for long term.. if you start right now you will not earn in the first time but in the long run your earnings will increase and increase more in the future.
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FLoving
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August 29, 2016, 05:07:49 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
Yeah, it is good to keep them in your wallet for longer and I think you will get the profit sooner as the price of bitcoin will soon start to increase and after that you should have to think to start to invest in some other places like to invest for trade or for starting your own business.
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lavapits
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August 29, 2016, 07:01:54 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
thats what i usually do, it is the easiest way to earn profit over time
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Alex_ZZX
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August 30, 2016, 04:06:23 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
I think it is good strategy for many years, but if you just hold bitcoins it is not investment.
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lavapits
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August 30, 2016, 04:44:41 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
i also hold all my bitcoins right now, i think that there is a huge potential of bitcoins to grow right now
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serjent05
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August 30, 2016, 05:09:55 PM |
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In my opinion, the best way if you are not experienced trader is to keep your BTC and wait ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In my opinion the best way if you are not experience trader is to keep on researching and learning all the basic to advance method of trading. You cannot ignore this needed things if you want to succeed and gain lots of BTC in the future. You have to earn them and do it in hard or easy way. Research and learn trading basics.
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Lombard
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August 30, 2016, 05:38:45 PM |
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i invest my bitcoins only in some cryptocurrency trading to be honest
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John Constantine
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August 30, 2016, 05:44:47 PM |
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Altcoin trading may be a good way to earn BTCs, since you have trading skills, patience and self-control to do it.
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mobilestrike
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August 30, 2016, 08:46:04 PM |
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If you're planning on investing them primarily, maybe just hold in your wallet and wait for the prices to rise (would take a couple of years probably).
I think holding alone will not give him a steady monthly income for supporting his family along with holding he also have to do trade with his coins, so that he will be able to get a good profit on daily and monthly base for his family.
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CryptoDayze
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August 30, 2016, 10:19:57 PM |
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For me worthy ICO's and Altcoin projects with fair launch/mining is where I invest BTC.
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PaymyBills
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August 30, 2016, 10:31:27 PM |
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Better way is get some knowledge about trade and do this to get ur profit
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