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Author Topic: The best and safest method to grow your bitcoin like a bank?  (Read 5468 times)
susila_bai
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February 12, 2017, 01:44:52 PM
 #41

Hello guys, let's say we've already had some bitcoins in our wallets already. But the bitcoin in the wallet won't grow on its own.

Here "method to grow your bitcoin", I do not mean ways to earn free bitcoins, and I do not mean those known methods like Bitcoin Faucet, Bitcoin Mining, Bitcoin Trading, Bitcoin Gambling, Bitcoin lending either, because these methods are not safe at all, we may most probably lost our bitcoin rather than grow.

I am wondering is there a reliable and safe method to grow bitcoin day after day by getting interest like we deposit fiat to a bank and the bank pay us interest?

If you want to grow bitcoins then you have to do some work or you have to take risk and do some trading or lending work, or else their is no bank way of giving you the interest for the fiat currency you hold in bank, that system is not their, ya but bitcoin value will grow day by day if you dont sell now and just hold the bitcoins this is the only way you can grow the value but not the bitcoins.

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February 12, 2017, 01:49:13 PM
 #42

Do you know what method banks use for giving the profit? It is the lending system. The banks do not generate the profit itself but they use the system of lending to give the profit to those who keep their money with them. So if you want to search for a way like banking then go for lending but only for the most reliable persons to lend.

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February 12, 2017, 01:53:33 PM
 #43

Well, I grow my bitcoins through lending. I use bitcoin lending services like btcjam.com and I gain interests. The risk is minimal if you are careful and have common sense. Also trading is a good way to grow your bitcoins. I'm still a beginner though.

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February 12, 2017, 01:54:40 PM
 #44

I do not think there is such a thing as safe when it comes to money though I would suggest bitcoin lending.
 
-snip-

Marginal trading can sure make you smile on a daily basis, you can also do arbitrage trading or Arbitage gambling
When people talk of trading what exactly do they mean??..Buy btc and then sell it of for a profit???
You mentioned the simpliest definition of trading when you tend to tell people on what is trading and this is commonly comes through their mind since its the basic thing that we commonly do when we are talking about trading.Safest and best method? I dont think there is a safe one because anything do have really some risk.

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February 12, 2017, 01:55:55 PM
 #45

Hello guys, let's say we've already had some bitcoins in our wallets already. But the bitcoin in the wallet won't grow on its own.

Here "method to grow your bitcoin", I do not mean ways to earn free bitcoins, and I do not mean those known methods like Bitcoin Faucet, Bitcoin Mining, Bitcoin Trading, Bitcoin Gambling, Bitcoin lending either, because these methods are not safe at all, we may most probably lost our bitcoin rather than grow.

I am wondering is there a reliable and safe method to grow bitcoin day after day by getting interest like we deposit fiat to a bank and the bank pay us interest?

In my opinion there is no way that without such risks. But actually to keep your bitcoin in your wallet without having to perform a method specially your bitcoin will increase in value. True that bitcoin number will remain but if prices rise, the bitcoin exchange rate will up. I think this is the most risky, but keep in mind all the things at risk. Depending we can minimize it or not. Thank you
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February 12, 2017, 02:04:43 PM
 #46

There is no way you can grow your bitcoin 100% risk free. If there is any website, investment or person that will tell you they'll give you interest without any risk of losing, then it is probably a scam. You must take a risk if you want to grow your bitcoin. The trick is not having no risk, but minimizing the risk you have to take.


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Immakillya
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February 12, 2017, 02:19:01 PM
 #47

In my experience on bitcoin. There are no safest way to grow your bitcoin. Everything has a risk. When you do faucets its risky because some faucets are not paying. Gambling is more risky you could lose also there. Trading is risky too because there are many shitcoins. Everything has a risk its up to you how you minimize that risk.

   
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February 12, 2017, 02:21:39 PM
 #48

The best method I know that so far works is buying bitcoins in a lower price and selling it once it's way higher than your initial investment. The best because everybody can do it. It's a no-brainer. Trading couldn't be that easy since you need to know technical things about analysis and whatnot whereas in buying low and selling high, it's super easy and effective if you are patient.

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February 12, 2017, 02:25:26 PM
 #49

Hello guys, let's say we've already had some bitcoins in our wallets already. But the bitcoin in the wallet won't grow on its own.

Here "method to grow your bitcoin", I do not mean ways to earn free bitcoins, and I do not mean those known methods like Bitcoin Faucet, Bitcoin Mining, Bitcoin Trading, Bitcoin Gambling, Bitcoin lending either, because these methods are not safe at all, we may most probably lost our bitcoin rather than grow.

I am wondering is there a reliable and safe method to grow bitcoin day after day by getting interest like we deposit fiat to a bank and the bank pay us interest?

I am not aware of any other ways other than the ones you have listed as unsafe.  in my opinion there is no investment that dont come with risk, that i can think of.  Thats the point.  If you come across risk free investments they are probably SCAMS.  Shocked
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February 12, 2017, 02:30:06 PM
 #50

for me bitcoin itself is an investment! it was already a bank in itself ! I already tried and tested  it back before 2015 I invested I think 0.2 bitcoins at the cost of $250 per bitcoin , I Hold it until this January of 2017 when the price hits its mark at $1000 and I earn a lot of profit of course I folded my money upto four times better try it when its early than having a regret in the future

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February 12, 2017, 02:41:10 PM
 #51

The best method I know that so far works is buying bitcoins in a lower price and selling it once it's way higher than your initial investment. The best because everybody can do it. It's a no-brainer. Trading couldn't be that easy since you need to know technical things about analysis and whatnot whereas in buying low and selling high, it's super easy and effective if you are patient.
you are right that its very easy way to grow up your bitcoin, buy bitcoin with low price and then hold it for the high price and when price go to high price then sell it with high price and get a good profit .



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February 12, 2017, 02:54:50 PM
 #52

Hello guys, let's say we've already had some bitcoins in our wallets already. But the bitcoin in the wallet won't grow on its own.
And you might be wrong here. Technically yes, bitcoins won't multiply magically in your wallet, but at the same time will be worth more over time.
Look at the price of BTC in the past and compare it to current +$1000 price, see the difference? There is almost sure that in the future that price will go even higher.

Do you know surefire method which will help you multiply your bitcoins? Get a job, earn your money, working is the best solution. No one will give you coins for free.
I got your point, you meant that Bitcoin will grow as its rate goes up. However, in understanding what he said on his post, he was looking for a wallet same as banks that gives money as you stored your money in it, same as banks. He meant bitcoin grow, not value grow.
In my suggestion, tk make grow of bitcoin, you can convert it into fiat money then invest it in a stock market which has a consistent market grow, this is very effective.



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ReLieD
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February 12, 2017, 02:58:40 PM
 #53

When the prices of bitcoin increases then quickly convert them into any other currency making them conserved .
Even if the prices of bitcoin falls you will have the same amount of money.
And then when the prices of bitcoin falls , then buy bitcoins by using a little share of your money.
This way you can keep earning money and by money I mean bitcoin.
And rest keep earning with signature Campaigns and faucets

   
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February 12, 2017, 03:17:56 PM
 #54

If you like to increase your bitcoin then you have to take any action which you are saying that they are risky as without any risk you cannot get the success while if you want to increase your wealth then hold your bitcoins in your wallet and with the increase in price you will get a profit from those bitcoins.


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February 12, 2017, 03:24:18 PM
 #55

There is no way to grow your bitcoin with interest from a third party. You will only find a lot of ponzi website who will offer you unrealistic return and run away with your money. You can simply hold your bitcoin in a safe wallet for a long time and keep accumulating more from various sources.

I do trading and I find it is the best way to make a good amount of bitcoin every day. However, it needs a little patience and you need to be updated about the coin price. But trust me, trading is worth your time as it will give you a good amount of profit which none other investment can give to you.

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February 12, 2017, 03:25:16 PM
 #56

there is no 100% safe in bitcoin and trading, mining, gambling or even faucets all of these ways are safe if you do it carefully but if you fear to suffer and doubt to use those way i think you have to find another way such as working at real life and save your 10% salary for buying bitcoin every months and i think this is more good

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February 12, 2017, 03:27:36 PM
 #57

Do you know what method banks use for giving the profit? It is the lending system. The banks do not generate the profit itself but they use the system of lending to give the profit to those who keep their money with them. So if you want to search for a way like banking then go for lending but only for the most reliable persons to lend.
Yeah, a portion of the banks' profit comes from the fees charged for the different services, but that corresponds to a small amount of profit. Most come from people who pay interest, and if a person intends to earn interest with Bitcoin, I think the path that brings this possibility is the lending business.

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February 12, 2017, 03:29:42 PM
 #58

There's no safe way until you do your work with honest. mostly i do invest and trading. but with honest if i cheat or do something wrong it may damage my btc and i may lose everything
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February 12, 2017, 03:30:34 PM
 #59

Hello guys, let's say we've already had some bitcoins in our wallets already. But the bitcoin in the wallet won't grow on its own.

Here "method to grow your bitcoin", I do not mean ways to earn free bitcoins, and I do not mean those known methods like Bitcoin Faucet, Bitcoin Mining, Bitcoin Trading, Bitcoin Gambling, Bitcoin lending either, because these methods are not safe at all, we may most probably lost our bitcoin rather than grow.

I am wondering is there a reliable and safe method to grow bitcoin day after day by getting interest like we deposit fiat to a bank and the bank pay us interest?

For me, I would say bitcoin is not that mature to the level of what you have in mind if its to gather money then lend out in other to grow the money as it is being done in the case of Fiat, then its a long way to go however we have something close to that and an example is Poloniex if I remember clearly that gives room for one to lend out money then charge interest which will accrue to you. We have that on this forum as well but not as structured as Fiat as there is always the risk of not recovering your money...



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February 12, 2017, 09:16:45 PM
 #60

i think i mostly do trading for that it is very helpful.... i don't said that it is the safest method .... but if you are experienced it is really helpful for you.....
Right, trading has gone worse with the market full of shit coins and the ones that have potential don't get the deserve investments and hence I think the only way left to make money in this forum is by lending to other people are charging huge fees Cheesy from them. But make sure to get some collateral from them before handing them money.

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