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Author Topic: If You Had 20Bitcoin To Trade With...  (Read 5592 times)
Potato Chips
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November 27, 2016, 11:13:44 AM
 #101

Cashing out 1 btc a day wil be hard even if you're a veteran. To actually earn from your investments, you need time for it.

My first step would be to invest my 20 btc in different things.  The half of it which is 10 btc will be in bitcoin.  I will buy a bitcoin then keep it in a bread wallet or hardware one.

Then the 8 btc is to invest on some promising altcoins/ICOs and the rest will on some gambling site.

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BitcoinHodler
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November 27, 2016, 01:40:39 PM
 #102

Cashing out 1 btc a day wil be hard even if you're a veteran. To actually earn from your investments, you need time for it.

to be able to earn $730 every day as profit you need to invest a lot of money because daily interests are not that big to generate you that kind of money even during the pumps.

Quote
My first step would be to invest my 20 btc in different things.  The half of it which is 10 btc will be in bitcoin.  I will buy a bitcoin then keep it in a bread wallet or hardware one.

Then the 8 btc is to invest on some promising altcoins/ICOs and the rest will on some gambling site.

it is good to diversify but i can never agree on investing in any of the ICOs because these days scammers are spread in the altcoin market and they are trying their best to rob us with schemes like ICO.

Holding Bitcoin More Every Day
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November 27, 2016, 01:56:17 PM
 #103

Cashing out 1 btc a day wil be hard even if you're a veteran. To actually earn from your investments, you need time for it.

to be able to earn $730 every day as profit you need to invest a lot of money because daily interests are not that big to generate you that kind of money even during the pumps.

Quote
My first step would be to invest my 20 btc in different things.  The half of it which is 10 btc will be in bitcoin.  I will buy a bitcoin then keep it in a bread wallet or hardware one.

Then the 8 btc is to invest on some promising altcoins/ICOs and the rest will on some gambling site.

it is good to diversify but i can never agree on investing in any of the ICOs because these days scammers are spread in the altcoin market and they are trying their best to rob us with schemes like ICO.

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.
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November 27, 2016, 03:30:41 PM
 #104

If I had 20 Bitcoins, I wouldn't have traded them but would rather have made a bet on Donald Trump as I was sure that he would win.
That would have given me many more coins for that sort of trading, I mean trading my coins on the name of someone.
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November 28, 2016, 10:26:03 AM
 #105

To cashout of 1 bitcoin a day is hard, if I had 20 bitcoins I would
choose half of it to invest in recyclix where the program is working
for a many years. And half of my bitcoin Ill trade it on altcoins,
I choose altcoin were I can earn profit.
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November 29, 2016, 06:42:09 AM
 #106

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.
Yes some ICOs proved very profitable, but to me I think in present time if you simple hold the 20 bitcoin you can make good profit more than anything else, therefore to me holding bitcoin for a long term can give you also a good profit. You do not need to take risk with devs of altcoins and their ICOs to invest your bitcoins.
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November 29, 2016, 04:42:23 PM
 #107

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.
Yes some ICOs proved very profitable, but to me I think in present time if you simple hold the 20 bitcoin you can make good profit more than anything else, therefore to me holding bitcoin for a long term can give you also a good profit. You do not need to take risk with devs of altcoins and their ICOs to invest your bitcoins.
But the OP requires or ask you how you will earn 1 BTC out of 20 BTC fund.  I don't think holding 20 bitcoin will gain 1 BTC everyday.  It is also hard to say that you will get an average of 1 BTC everyday with your ICO profit after it is listed in the exchange and you need to encash. If the ICO runs for 30 days, you need a profit of 150% of your investment.

Anyway, i think it will be hard to have a daily profit of 5%, but it is achievable since assuming I am a professional trader.  Just need to trade strong coins like ETH, Lisk, monero etc. and get along with the dance of their prices.

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wxa7115
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November 29, 2016, 11:51:37 PM
 #108

What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?
Unless you are some kind of super genius or very lucky pulling those numbers is impossible, since to earn 1 BTC with 20 BTC you will need a rate of 5% per day, most banks don't give you that in a year.

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November 30, 2016, 12:13:38 AM
 #109

I totally agree with you in regards of investing in ICO but their are some ICO which are really genuine but the main thing is you have to wait long just like Bitcoin when 2 or 3 yrs back it was nothing and today it is everything. So ICO are good but it is upto us to pick the right one and do some trading and try to take out the invested bitcoins.
Yes some ICOs proved very profitable, but to me I think in present time if you simple hold the 20 bitcoin you can make good profit more than anything else, therefore to me holding bitcoin for a long term can give you also a good profit. You do not need to take risk with devs of altcoins and their ICOs to invest your bitcoins.
i would never hold all my bitcoin , split it for daily usage
spend bitcoin more helpful for bitcoin price rise up
so i would like to suggest everyone to always split it to 30% hold for long term investment and the rest to spend
spend it for online shopping and spend in for something productive like to trade it in altcoin exchange.
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