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Author Topic: Tips on how to get into the Bitcoin business?  (Read 2790 times)
shield132
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January 23, 2017, 08:20:54 PM
 #41

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

I suggest you to learn trading, yes it smally depends on luck but if you will have good skills in trading, will be good in analyze of statistics or etc than try trading, also read many books about trading strategies, good trader is good reader.
If you want, you can buy and hold bitcoins but to my mind now it's not good time for that.
If you are looking for legit cloudmining, you can try hashnest but I don't suggest you because ROI is very small and it don't worths, it's waste of time. Better to get profit yourself with your skills.

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January 23, 2017, 09:41:04 PM
 #42

I was the same way when I first started, and quite frankly, I haven't changed much. I'm still looking to get "serious" with bitcoin. However, my goal is to invest no money out of pocket and earn everything myself. To

start, just learn your way around the forums. Ask questions and learn. From there I would join a signature campaign, this way you can earn a little bitcoin on your own without investing. After you have some bitcoin

that you are willing to spare, study trading. Learn the patterns and mess around with different strategies and websites. Eventually, you will be able to trade and grow your bitcoin wallet. From there you can choose what

to do with your earnings. Gamble, get into mining, investing. Good luck Cheesy

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January 23, 2017, 11:21:29 PM
 #43

Holding bitcoin itself is already a good business to start, but to really earn I will suggest you to learn trading, trading earning is unlimited, and don't invest in cloud mining, cloud mining is scammed,eventhough sometimes it sound so good but in reality the owner will run away with your money, and of course you need to stay away from gambling, or if you want to gambling for fun, spare some money for it, don't used all of your money to gamble


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January 25, 2017, 03:34:25 AM
 #44

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
Well i think you can try trading bitcoins to fiat money, it is more low risk than trading altcoins, if you are wrong prediction  you can hold the bitcoins, unfortunately you must use much capital for trading bitcoin to fiat, i hope it is not problem for you,  but if you want use low capital you can try trading altcoins of course with more high risk for losing money.
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April 14, 2017, 04:54:06 PM
 #45

It is like you were at the sea. You have two choices.
Stay by the shore and watch as your money slowly grows, you may enjoy watching it but it will become so boring.
Or go surf in the sea as you play with the tides, more benefits but also more dangerous.
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April 14, 2017, 05:05:51 PM
 #46

Bitcoin's price is high today and I would not recommend you to buy it, only in the case if 1000$ per 1 BTC is not so big money to you, maybe in your country it is exactly like that. The idea of making money through some campaign seems me the most unrisky. You will grow here together with the price of bitcoin. But for that case you have to have a lot of tention, cause in the most beginning your earnings will be almost nothing and to start to make some really good mney you will have to reach the rank of hero member as minimum. I wish you lot of luck in any kind of decidion that you will make  Smiley
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April 15, 2017, 08:22:35 AM
 #47

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
Just avoid gambling.
Avoid investing in cloud mining farm,even Genesis.You would have to wait atleast for six months to recover your invested money.
Better buy at least 0.1 btc from localbitcoins and start trading by investing in a good altcoin.But remember,altcoin market is highly volatile.
If you want to just buy and hold yur bitcoins,then you could buy 1 BTC and just hold as bitcoin price is rapidly increasing today.
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April 15, 2017, 12:25:13 PM
 #48

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
To get into the bitcoin business you should have bitcoin first so you can start doing any kind of business that is available online. If you want to avoid getting a lot of money loss then stay away in the gambling sites unless you are doing an investment with their bank roll which is good. You can also do trading where you just use your bitcoin as a capital and do buy low sell high principle and you could easily make profit with that but be very careful in trusting coins because there is a lot coins out there that are scam.
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April 15, 2017, 04:48:08 PM
 #49

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
Google is our friend, but you need to avoid all cloud mining businesses since they are all scams, it is that simple and there are not many safe ways to profit, probably the only one that is safe is by participating in signature campaigns.
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April 15, 2017, 04:52:22 PM
 #50

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes
It all depends on what you have available to you. This is essentially an exercise in problem-solving.

Cloudmining is typically pretty garbage overall. I wouldn't recommend a service like that, ever really. Your contract loses a lot of value over time and even if you do happen to make money, chances are the people who sold it to you made more. If they don't mine enough to earn your contract back, they still win.

Holding BTC is an ok strategy but I would recommend playing the market, but you should have experience trading at least altcoins before trying to do something like that.

Always be on the lookout for scams. There are a lot of them, so never trust anything you read at face value.
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April 15, 2017, 05:16:03 PM
 #51

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

In my opinion gambling and gambling sites are not a way for earn bitcoins and you have to keep away from them if you don't want to lose money. I think you have understood that Smiley. I can suggest you posters for campaigns. This way is the safest way for earning bitcoin if you don't have any special talent which you can sell on the internet. The prices are not bad also.
True. If you are going to establish a business that is related to bitcoin you will meed to jave an experoence in regard to it. And i do not suggest gambling because it is to risky to gamble your bitcoin it isbetter to learn on how to trade. Yes trading also have risks but it is less the risk if you will focus and workhard. Then start on a signature campaign so you can have a source of income that you can used as a capital to your business together on your tradings.



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April 15, 2017, 08:09:39 PM
 #52

kind of in the same boat here, big newbie in bitcoin, first heard of it way back when it was less than 10$ but never really dove into it.  Kind of regret it but hindsight is 20/20 as usual. 

What are lets say some top 3 links to get to learning more about bitcoin in general?
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April 15, 2017, 08:57:38 PM
 #53

I will suggest you to start blogging it will benefit you a lot if you started to create and provide interesting contents to the users. They will be attracted to your blog each day for to get new contents and so you will have some advertising banners from ad network and you will earn a good income for your blog.
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April 15, 2017, 09:02:12 PM
 #54

Holding Bitcoin is the most important part of being in Bitcoin.  If you have it, and you actually own it instead of storing it in an online wallet, you can expect your earnings to go up dramatically in a few years as Bitcoin's long term price continues to increase.

No other advice you get will be definitive, except to stay out of investments unless you have seriously legitimate reasons for believing that they are trustworthy.  Genesis Mining is very shady, even though they're not a straight-up scam.

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April 15, 2017, 09:05:43 PM
 #55

Bitcoin's price is high today and I would not recommend you to buy it, only in the case if 1000$ per 1 BTC is not so big money to you, maybe in your country it is exactly like that. The idea of making money through some campaign seems me the most unrisky. You will grow here together with the price of bitcoin. But for that case you have to have a lot of tention, cause in the most beginning your earnings will be almost nothing and to start to make some really good mney you will have to reach the rank of hero member as minimum. I wish you lot of luck in any kind of decidion that you will make  Smiley

When would you think they buy Bitcoin?  When it is at $2000?  We never knew what will happen next in the market.  In just one good news Bitcoin price have the possibility to go up in price rapidly or vice versa during bad press.  But if you observe the market, Bitcoin is holding strong, it maybe late if he realized that he should have bought it today than waiting for it to drop at $1000.

I will suggest you to start blogging it will benefit you a lot if you started to create and provide interesting contents to the users. They will be attracted to your blog each day for to get new contents and so you will have some advertising banners from ad network and you will earn a good income for your blog.

It is a good way to earn Bitcoin but OP must need to know how to increase his traffic.  Knowing how to write a good article is not enough to make your site to have frequent visitor.  Blogging have deeper need than that.

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dothebeats
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April 15, 2017, 09:52:42 PM
 #56

Holding Bitcoin is the most important part of being in Bitcoin.  If you have it, and you actually own it instead of storing it in an online wallet, you can expect your earnings to go up dramatically in a few years as Bitcoin's long term price continues to increase.

No other advice you get will be definitive, except to stay out of investments unless you have seriously legitimate reasons for believing that they are trustworthy.  Genesis Mining is very shady, even though they're not a straight-up scam.

Mining is not shady if you oen your equipment for mining, that is. However, things will start going down the drain if you invest on a cloud mining site. Also, why risk it on a site that only pays you a fraction of what you invested compared to just buying it and let it collect dollars over time?

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OneUnderBridge
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April 15, 2017, 09:56:14 PM
 #57

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

I'm in the same boat. I've been watching for awhile but I have not bought any bitcoin yet. I am very frugal with my investments. I think that you are doing the right thing by trying to become as knowledgeable as possible. I don't think that I would try gambling with your own money though, just faucet money.

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Skarner21
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April 15, 2017, 10:03:46 PM
 #58

I will suggest you to start blogging it will benefit you a lot if you started to create and provide interesting contents to the users. They will be attracted to your blog each day for to get new contents and so you will have some advertising banners from ad network and you will earn a good income for your blog.
Good idea but it is not easy as pie to turn your blog site to become money making site..
You should know first SEO how to gain organic traffic and use plugins or tools that everytime you post you can make your own powerful build backlinks.
But if you do it right it can be your passive income.. use expired article hunter this is a common tools these days to get article and post easily without wasting time for making new post..
And monetizing like adfly or any advertising company you can add it as banners don't join in popup ads it can rank down your site and decrease your revenue.

Make crypto as your bank.
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April 28, 2017, 01:30:25 AM
 #59

I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ).
Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ).
Any tips on how to start will be great. Thanks  Roll Eyes

I think I figured out something. It seems that what many of these projects need, more than investors, is good-clean-old-fashioned work. So, I've been looking into projects I believe are the most genuine which have the greatest potential for success and I have been soliciting for work. Afterall, it's the communities behind these projects which give their networks value and the dollars come later, not first, right?

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dwieyani
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April 28, 2017, 04:35:11 AM
 #60

I want an easy way to buy bitcoin so I can make it as an investment and say I will hold it for a long time, I will be sure that by holding back will get a high price if it is time.
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