Tips on how to get into the Bitcoin business?

[Red-Apple]

I know maybe a little bit about bitcoin right now, I haven't bought any yet.

so why not start now? buy some with money that you are willing to invest. it doesn't have to be a couple of thousands of dollars, it can be 10 bucks!

All I've done is play some stupid gambling games like pocketdice ( fuck that ).

gambling is a game, so you do it to have fun and as entertainment not to make money. if you think of it that way, it is no longer stupid. and the same thing i said above is true here. play with money you are ok with playing.

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?

i don't know what you mean by "business" bitcoin is a currency that you can use just like any other currency with many additional perks such as decentralization and security and also low fees and fast transactions.

and since this currency is still growing, the price of it is growing too, and makes it also an investment.

safe ways of buying it, is to go to a trusted exchange service and buy there. places like coinbase, bitstamp, kraken, bitfinex

Is investing in cloudmining like Genesis a good thing?

obviously no

[ethereumhunter]

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 

it is not too late to buy bitcoin, you can buy from now on. my question is how do you know bitcoin?

first thing first, if you want to get into bitcoin business, then you should bitcoin, of course. there is many ways to get bitcoin, you can buy if you have money or you can earn by playing faucet for free but playing faucet needs patience and takes too long to get much of bitcoin. to get profit in bitcoin, you can try to trading, investment, mining, etc.

my suggestion is maybe you need to learn trading to earn more bitcoin and don't invest into cloud mining because nowadays, many cloud mining is ready to scam you although there is a good and recommended cloud mining but to get ROI, you need times like 8 months until 1 years. so the choice is up to you.

[raven7886]

1: learn about bitcoin, do a lot of research and learn properly and completely and understand bitcoin.
2: Learn a good skills, than use that skill and offer your work for business,
3: writing, marketing, Designing and development works are most valuable works nowadays, I saw some marketers getting 15 to 20 $ per week base salary,
so try to learn a valuable skill first..
4: you can do small tasks and earn some small amounts as well, like signing ups, creating accounts, joining forums, writing posts and a Lot, I recommend you to look at Service Board:
https://bitcointalk.org/index.php?board=52.0

[20kevin20]

Starting with Bitcoin can be easy, or hard. If you don't have enough money to run off a business, you can start off by earning some through this forum (Signature Campaigns) as you're active, and redirect all your earnings to a wallet created specially for investments. Now the first thing you have to know is: Stay away from cloud mining and pyramidal schemes! They're both scams and sooner or later you'll get ripped off by them. I have been part of one without even knowing it (when you find out it's too good to be true, it actually is), it was a software that "boosted my PC performance" and I could mine with GH/s instead of a few hundreds. After I let my PC on for weeks long, they closed the website and ran away with the money they earned. If you want to invest in something right now, find a good idea that doesn't exist or exists but isn't as popular as it should be. Start with small steps, and you can get your business BIG in no time! Good luck!

[mrjoy15]

My suggestion,didn't involved such of this stupid gambling games at all.Only ruined your earning balance and damaged your mentality.If you really serious about bitcoin then good for starting a business.There many ways to start a bitcoins business,specially get involve such of this business with the future of money obviously a great idea indeed.Surely profitable and may be the best opportunities.As a newbie of bitcoins industry first focus on growing your skill.

[raven7886]

My suggestion,didn't involved such of this stupid gambling games at all.Only ruined your earning balance and damaged your mentality.If you really serious about bitcoin then good for starting a business.There many ways to start a bitcoins business,specially get involve such of this business with the future of money obviously a great idea indeed.Surely profitable and may be the best opportunities.As a newbie of bitcoins industry first focus on growing your skill.

why you are ignoring the capital?
you need skills, you need a solid Idea, you need to be serious and dedicated, and you need money too to start any business, without any money and good funds a person can't even start a small business,
my above suggestion is perfect for the OP.

[kumax]

Trading with altcoins requires a lot of knowledge and as the OP said, he has still only a little knowledge about crypto currency, so I wouldn't suggest to start right there. If you want to seriously invest and gain some profit, you should definitely know something about the problematics. Otherwise it is the same like gambling..
I know it can be maybe overhelming and sometimes maybe boring, but try to learn about crypto currency stuff first - about blockchain, transactions, alt coin projects etc. first and then you can start to think about some investments.
Of course, you won't go wrong if you buy some bitcoins for fiat now, but then I woudn't call it business.

[nara1892]

that's a good expreience, do not gamble then.

well, if you are serious on bitcoin, you need to learn about it first. I myself learn bitcoin from a friend and by reading a lots of threads here. then if you have considered what way you will do to earn bitcoin like trading, mining, signature campaign, etc, you can read threads about it, google it, or even ask questions here.

[megynacuna]

I can tell buying bitcoin is the easiest but most expensive part of earning bitcoin.  If you do buy you can either do day trade or make it as an investment and hold it for a long time.  The holder here are very positive that it will go up in value as time goes by.

That's correct, there's nothing easier than that and there are no better tips for a Bitcoin business than you having to know financial management and know how to implement them on the exchange market so buying them becomes  one thing and the business or growing part is another. To be in the "Bitcoin business" takes some good level of trading skills I would like to conclude.

[saqibmunir]

if your really want to invest in bitcoin or get into it my suggestion for you is that first you have to know about basic rules of bitcoin investment ..... google it and first learn the rules....... buy bitcoin and keep it same in your wallet and sell it on the right time...... listen start it with the new investment because you are just a newbay and you don't really know about that..........

[BALIK]

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 

I suggest to you bro that stops playing gambling if you still keep losing you better to stop playing gambling and don't invest in any HYIP's and Cloud Mining sites there are all scam!, you can do trading but you must know what are you doing better to learn first before you do trading there's a lot of tutorial out there you can search it on google or here.

[Reid]

First thing is congratulations for taking another step. You spent a lot of time in gambling and now you want to win back those you have lost right?
It is not really business that I am looking into but more on investing. It is not as risky as gambling but if you already knew much about the gambling sites then this might help you. You know the legitimate gambling sites? Then just invest in them. Put your money on hold in their possession and you might end up getting richer.

[ChrisPop]

If you wanna get involved in bitcoin "business" as you name it you should at start purchase some bitcoins with USD,EURO or whatever fiat currency you have then start documenting yourself about bitcoin. Read threads on the forum,search articles on the internet,watch daily news about bitcoin and cryptos on coindesk,cointelegraph and other big news sites. I don't recommend getting involved in cloud mining as many of them are scams.

If you want you could search for a quality altcoin ICO or a bitcoin project where to invest your btc in,but be careful with this and do your own dilligence. Also you can start trading,but first you need to study the markets and trading techniques.

[dhampir-D]

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 

I suggest to you bro that stops playing gambling if you still keep losing you better to stop playing gambling and don't invest in any HYIP's and Cloud Mining sites there are all scam!, you can do trading but you must know what are you doing better to learn first before you do trading there's a lot of tutorial out there you can search it on google or here.

There are different ways to make money in crypto, and even earn a living from it, but surely gambling is not the best possibility for such a purpose. I do not see problems if the individual sees this as a form of fun and invests only what he/she can afford to lose. However, when one goes beyond limits, this can cost money.

[BillyBobZorton]

There is no easy way to get involved. If you want to be someone worth listen to in the game, your best bet is to learn how to code and come up with some remarkable BIP for bitcoin, that's what gives you the highest street creed: improving bitcoin.

If you are not that smart, you can always start a business related to bitcoin, maybe a casino, or some sort of news website, or get in the mining game somehow. There are no other ways that I can think off.

[agustina2]

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  

For a goal of long term profits then a simply doing of holding bitcoin is a nice start.

For continous profits while the price fluctuates, then trading is the appropriate method. Safe ways to profit depends on the future of bitcoin as no doubt that bitcoin can lived forever although it's reasonable to think of it now. Also it will depend on your actions if ever there will be a price increase or decrease movement.

What you must do is to give time to learn how bitcoin trading works starting from basics and slowly upgrade it to another level of learnings. This will be a long road but I assured it will definitely worth your time.

[Karpeles]

Learn and hodl first. Get knowledge and experience, until you can answer the question for yourself and maybe answer to others too.

Most of people are inexperienced and give bad or too basic advice, and some may tell things they know that aren't true because they have some agenda

[YuginKadoya]

Gambling when you are starting with bitcoin is a no no the risk in gambling is very high and you can not enjoy your bitcoin if you gamble early for newbies faucet would be a safe start in accumulating small amount not the fastest but the safest way and for starters you can surely buy bitcoin if the value is low save as much as you can  but  I recommend to do it slowly and surely and for me I have both bitcoin and a stable job for further income in hand.

[avatar_kiyoshi]

Well you get the idea, never gamble unless you know what you're doing and stay away from shady "cloud mining" sites that will get your money within a single poof. Buy bitcoins if you have the spare money to do so, keep it on a safe wallet, do that every time you have money and just literally forget about it. I assure you, you'll do fine. But if you really want to get "serious" on this, understand the basic of trading, apply it to bitcoin by putting in some small amounts and then start from there.

Thanks! If I wanted to first invest a small amount at Cloudmining, could you suggest me one?
And about buying bitcoin, I just buy it and hold it? Simple as that?
"Trading" still a very hard term for me, perhaps that is something for when I become more clever about it... Anyway, thanks!

No, big NO to cloudmining, unless you build your own mining farm(it's need a lot capital, coolest room and free electric bills, but worth if you have one and for your own profit).

Trading is the best way to earn profit, of course you need to learn first to be an expert, but someday people in this world(even poorest people) will aware trading is dignified profession.

[novemberwoah]

Buy and hold bitcoin I think it is a good start for newbie to know bitcoin, you can take advantage of fluctuations to make a profit. If I think that's an investment not suitable for newbie, because it is very difficult to invest in bitcoin for newbie. But if you want to try for the investment was not a problem, but should be careful. Maybe if I would give better suggestions to try trading. I think newbie can try most importantly better with small amounts and continue to learn. If you diligently do definitely will be succeed.