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Question: What is the best source of bitcoin nowadays?
HYIP - 8 (1.1%)
RevShare - 4 (0.6%)
Cloud Mining - 21 (2.9%)
Trading - 356 (50%)
Gambling - 42 (5.9%)
MLM, Tables and Binary - 7 (1%)
Others (Signature Campaign, Your Skills, etc) - 274 (38.5%)
Total Voters: 712

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Author Topic: What is the best source of bitcoin nowadays?  (Read 195053 times)
Drnice
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February 13, 2017, 08:28:31 AM
 #1121

choices depends on the individual in action, it might be good in gambling or investment to optain more bitcoin at as of profit, mine is in investment, because i dont gamble.
Doms
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February 13, 2017, 08:30:23 AM
 #1122

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.
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February 13, 2017, 08:32:03 AM
 #1123

I would like to vote for trading as trading is the best way from which you can earn using your experience and skill.

Yes trading is a good method to earn and its very easy to start as well. You can always buy some bitcoin and start to trade on bitcoin vs fiat. Keep and eye on the market and then buy at low prices and sell at high prices. All you need is to keep an eye on the market.

Altcoin trading and altcoin mining are good as well. Specially for the early traders who buy at very low prices and then dump them at high prices. Mining is good for those who have low cost electricity.
There are a lot of things we can do to be considered as a our source of income, but for me, the best source is when you work for it. Trading on the other hand is good but you cannot do it with risking your money, hence, without a job you cannot have a capital to trade. Maybe, it is better to work first then afterwards start to trade, that's a good plan to be followed.

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justdimin
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February 13, 2017, 08:53:14 AM
 #1124

Sounds like the question asked how to earn or make more bitcoin rather than the source. clearly, there is only one source for cryptocurrency is mining. Trading, and any other method requires you to have existing coins to make more revenue.

Trading isn't a guarantee. I think running an exchange or brokerage for trading is the better way.

Trading is fine, when you are using the trusted escrow in your all the trades. Hopefully when you start trading you could have in your mind. If you want to earn daily. Lol.  you could do faucets or daily works in your country. In the forum, most of the people prefer signature campaigns.
Along with signature campaign working he do not need to work on faucet because faucet take too much time to make some money instead of that if he will start blogging then he will get a good profit.
Friend doing blogging is an awesome idea but that needs quite a lot of dedication and patience as you don't get ads on your blogs from day one and in fact the best paying networks like adsense requires sites/blogs to be 6 months old ( for India ) and 1 year old ( for china ) so quite hard lol Tongue

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rchstr
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February 13, 2017, 08:59:33 AM
 #1125

Sounds like the question asked how to earn or make more bitcoin rather than the source. clearly, there is only one source for cryptocurrency is mining. Trading, and any other method requires you to have existing coins to make more revenue.

Trading isn't a guarantee. I think running an exchange or brokerage for trading is the better way.

Trading is fine, when you are using the trusted escrow in your all the trades. Hopefully when you start trading you could have in your mind. If you want to earn daily. Lol.  you could do faucets or daily works in your country. In the forum, most of the people prefer signature campaigns.
Along with signature campaign working he do not need to work on faucet because faucet take too much time to make some money instead of that if he will start blogging then he will get a good profit.
Friend doing blogging is an awesome idea but that needs quite a lot of dedication and patience as you don't get ads on your blogs from day one and in fact the best paying networks like adsense requires sites/blogs to be 6 months old ( for India ) and 1 year old ( for china ) so quite hard lol Tongue

blogging requires full time for you to have quality blog. you should take time and had to give full effort on it if you want to earn from blogging. for example going to places to make a blog about the places you where went. or some food, going to different restaurant to cover their different foods.
rainingbitcoins
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February 13, 2017, 09:01:49 AM
 #1126

I would like to vote for trading as trading is the best way from which you can earn using your experience and skill.

Yes trading is a good method to earn and its very easy to start as well. You can always buy some bitcoin and start to trade on bitcoin vs fiat. Keep and eye on the market and then buy at low prices and sell at high prices. All you need is to keep an eye on the market.

Altcoin trading and altcoin mining are good as well. Specially for the early traders who buy at very low prices and then dump them at high prices. Mining is good for those who have low cost electricity.
There are a lot of things we can do to be considered as a our source of income, but for me, the best source is when you work for it. Trading on the other hand is good but you cannot do it with risking your money, hence, without a job you cannot have a capital to trade. Maybe, it is better to work first then afterwards start to trade, that's a good plan to be followed.

Many people are earning a living from trading but for that you also need to have a good capital to invest and it may not possible for everyone to risk that huge sum of money so if you don't want to risk your money then the best choice would be to earn them by offering your services as you don't have to invest any capital in it the only thing you invest is your time and efforts in earning bitcoins and probably the safest way to earn bitcoins.

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acroman08
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February 13, 2017, 09:39:54 AM
 #1127

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.

Minimum amount is just a waste of time, the minimum amount you can invest in a gambling site is 10 mbtc(most gambling site)
and you can only get 4% of 10mbtc as a profit which 40k statoshi, plus the amount of profit depends on the on how much the gambling site earns hourly(different rules in every sites). so if you are to invest in gambling sites like I do it is better to invest at least 500mbtc-1btc to feel the profit of your investment monthly.

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ManOnTheMoon
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February 13, 2017, 09:47:15 AM
 #1128

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.

Minimum amount is just a waste of time, the minimum amount you can invest in a gambling site is 10 mbtc(most gambling site)
and you can only get 4% of 10mbtc as a profit which 40k statoshi, plus the amount of profit depends on the on how much the gambling site earns hourly(different rules in every sites). so if you are to invest in gambling sites like I do it is better to invest at least 500mbtc-1btc to feel the profit of your investment monthly.

Higher investment will give you higher profits but higher risk will also follow you but its always good to invest in reputed gambling site that is running from a long time and if that works for you then you can expect a great profits from it and I think its safer investment in compare to investing in any hyips or cloud mining sites.

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Trust2016
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February 13, 2017, 10:00:09 AM
 #1129

For the moment I am doing trading and cloud mining. When I find a new cloud mining then I immediately investing and referring to following through referrals. I helped a lot when I was getting referrer invest so I get profit.
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February 13, 2017, 10:09:24 AM
 #1130

For the moment I am doing trading and cloud mining. When I find a new cloud mining then I immediately investing and referring to following through referrals. I helped a lot when I was getting referrer invest so I get profit.
What cloud mining service do you use? From what I've heard to this moment, almost all these sites are scam and sooner or later they will run away with your money. If it's something new on the market, be very careful! Wink
ManOnTheMoon
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February 13, 2017, 10:27:21 AM
 #1131

For the moment I am doing trading and cloud mining. When I find a new cloud mining then I immediately investing and referring to following through referrals. I helped a lot when I was getting referrer invest so I get profit.
What cloud mining service do you use? From what I've heard to this moment, almost all these sites are scam and sooner or later they will run away with your money. If it's something new on the market, be very careful! Wink

Exactly, you need to be very careful while investing in those sites and it may pay you in beginning but its hard to believe that it will pay you in long run as we have witnessed the same thing in the past that many cloud mining sites disappeared with money of people in long run which brought huge loss to the investors.

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MONKEYJUNK
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February 13, 2017, 10:37:02 AM
 #1132

I like to trade some altcoins but the market is so volatile its a gamble.
I usually trade pretty safe so I've never lost more than 10-20% on an investment.

For me earning money working a job and buying Bitcoin when I have extra money is fine.
I won't get rich overnight but hopefully the market doesn't totally crash and wipe out my investment, either
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February 13, 2017, 10:39:02 AM
 #1133

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.

Investing in casino's is good enough but I don't think that it will be the best of bitcoin today. Because the return of it is not that high though it is a good source and legit way of earning. I agree with you, this is a better thing rather than gambling because you have an assurance to get more profit for investing into this type, for me buying bitcoins is the source and just hold it.

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February 13, 2017, 10:45:34 AM
 #1134

I like to trade some altcoins but the market is so volatile its a gamble.
I usually trade pretty safe so I've never lost more than 10-20% on an investment.

For me earning money working a job and buying Bitcoin when I have extra money is fine.
I won't get rich overnight but hopefully the market doesn't totally crash and wipe out my investment, either

I agree, that without a proper knowledge, trading can be as risky as gambling.
But the more information about the altcoin and the market you have, the better you can predict its moves, so you can proactively lower the risk and continuously gain some profit on it.
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February 13, 2017, 10:56:07 AM
 #1135

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.

Investing in casino's is good enough but I don't think that it will be the best of bitcoin today. Because the return of it is not that high though it is a good source and legit way of earning. I agree with you, this is a better thing rather than gambling because you have an assurance to get more profit for investing into this type, for me buying bitcoins is the source and just hold it.

No you don't. There's no agreement between you and the gambling site's owner that you'd have your money back with or without profit when the site goes bankrupt. Even though there's house edge and once a gambling site gets loyal players, the site's bankroll can still go up and down and any time someone can hit the jackpot. When someone hits the jackpot, what you've earned from other players are all gone.

Keep in mind that all investment has risks involved. Some might seem smaller than the others but that doesn't change the fact that your money can go down instead of make profits.
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February 13, 2017, 11:05:41 AM
 #1136

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.

Investing in casino's is good enough but I don't think that it will be the best of bitcoin today. Because the return of it is not that high though it is a good source and legit way of earning. I agree with you, this is a better thing rather than gambling because you have an assurance to get more profit for investing into this type, for me buying bitcoins is the source and just hold it.

No you don't. There's no agreement between you and the gambling site's owner that you'd have your money back with or without profit when the site goes bankrupt. Even though there's house edge and once a gambling site gets loyal players, the site's bankroll can still go up and down and any time someone can hit the jackpot. When someone hits the jackpot, what you've earned from other players are all gone.

Keep in mind that all investment has risks involved. Some might seem smaller than the others but that doesn't change the fact that your money can go down instead of make profits.

Why would you invest into a casino that is not stable? Of course you will choose the best casino's for your investment. And upon investing there you can be assured that you will get profit, the longer the better because most of the gamblers are losing in the end. That's the assurance that I' saying upon investing there.

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..CASINO....SPORTS....RACING..
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llanillo
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February 13, 2017, 11:06:50 AM
 #1137

For the moment I am doing trading and cloud mining. When I find a new cloud mining then I immediately investing and referring to following through referrals. I helped a lot when I was getting referrer invest so I get profit.

I don't think that cloud mining will be the best way to get bitcoin because most of them are just scam. And I did became a victim of it for so many times, that's why for me, I don't rely with cloud mining and I'm avoiding them instead. Because it can collapse even you are one of the pioneer investors of it, trading is a good source.

Majority of us have got scammed in the past by investing in those sites hoping that it will help us in multiplying our bitcoins in a quick time but it never happened, and now no one will prefer to invest their hard earned coins in those sites as now people have become more aware and very well knows where to invest and where to not.

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carlisle1
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February 13, 2017, 12:33:48 PM
 #1138

choices depends on the individual in action, it might be good in gambling or investment to optain more bitcoin at as of profit, mine is in investment, because i dont gamble.

gambling is not a good option usually it is not giving a good result at the end and you could lose more than you have earned if you didn't know how to manage your money or bets and especially yourself . out of two of your suggestion investment is the only possible thing that you can obtain more bitcoin but still it depends on what kind of investment we are talking about .
Natalim
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February 13, 2017, 12:56:06 PM
 #1139

choices depends on the individual in action, it might be good in gambling or investment to optain more bitcoin at as of profit, mine is in investment, because i dont gamble.

gambling is not a good option usually it is not giving a good result at the end and you could lose more than you have earned if you didn't know how to manage your money or bets and especially yourself . out of two of your suggestion investment is the only possible thing that you can obtain more bitcoin but still it depends on what kind of investment we are talking about .
Exactly, you cannot guarantee money in gambling, everything you have is just to rely on your luck and if you are lucky you could win but that would not last as that is the key for long term success. The best source should be something that we are good at and the risk is lesser with great rewards.
Maybe, we have to see what successful people are doing and follow their path, in trading, I see there are a lot of successful people there.

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February 13, 2017, 01:09:56 PM
 #1140

Investing in online casinos seem to make sense for me, because it has the potential to generate more bitcoins depending on how much risk you are willing to take. If for example you invest even the minimum amount and keep it there for atleast six months, I am sure that there’s bound to be some profits to be generated. You don’t always need to gamble to gain more bitcoin.

Investing in casino's is good enough but I don't think that it will be the best of bitcoin today. Because the return of it is not that high though it is a good source and legit way of earning. I agree with you, this is a better thing rather than gambling because you have an assurance to get more profit for investing into this type, for me buying bitcoins is the source and just hold it.

No you don't. There's no agreement between you and the gambling site's owner that you'd have your money back with or without profit when the site goes bankrupt. Even though there's house edge and once a gambling site gets loyal players, the site's bankroll can still go up and down and any time someone can hit the jackpot. When someone hits the jackpot, what you've earned from other players are all gone.

Keep in mind that all investment has risks involved. Some might seem smaller than the others but that doesn't change the fact that your money can go down instead of make profits.

Why would you invest into a casino that is not stable? Of course you will choose the best casino's for your investment. And upon investing there you can be assured that you will get profit, the longer the better because most of the gamblers are losing in the end. That's the assurance that I' saying upon investing there.

Stable or not, the casino can still go bankrupt because some people get too lucky just like the guy said. And as far as I know, the "stable" casinos are already funded. The only ones that you're going to be able to invest to are new casinos which basically has no assurance of anything since you don't know if the casino would 'click'.

A casino usually goes stable because they have good amount of players. And to have that, they put an effort on advertising their casino by being competent by other casino sites. To be able to do that, it would require tons of money which means they were already funded all along.

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