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Author Topic: The best and safest method to grow your bitcoin like a bank?  (Read 5460 times)
jtipt
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February 13, 2017, 01:11:24 PM
#81

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?
Now the closest method to what you want is investing in cloud mining, but the thing is it's not 100% safe, and neither is very profitable. The best method IMO is just to hold you bitcoin. Bitcoin is already rising very fast if you had 100$ worth BTC around this time of last year, today that would be worth $200.

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February 13, 2017, 01:43:14 PM
#82

as for me the best and safest method to grow your  bitcoin is to hold it ! dont ever sell your bitcoin if you feel like its value is decreasing just hold dont sell it will come a time that it will increase again so when you already get your desired profit let say four times of your initial capital then sell ! it will take time but it is worthy !

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February 13, 2017, 01:46:42 PM
#83

as for me the best and safest method to grow your  bitcoin is to hold it ! dont ever sell your bitcoin if you feel like its value is decreasing just hold dont sell it will come a time that it will increase again so when you already get your desired profit let say four times of your initial capital then sell ! it will take time but it is worthy !

Holding will give you better results if price goes higher in future but its not the way to grow your bitcoins as the amount of bitcoins will remain the same and you can make good profits with holding only if you have huge number of bitcoins and if you are holding only 1 or 2 btc then better way would be to grow them by investing in trading.



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February 13, 2017, 01:54:26 PM
#84

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?

Trading is the most feasible way of realizing Bitcoin investment profits especially marginal trading so I will urge you to take up lessons on trading of you already don't know and practice virtually online before putting in real Bitcoins, I bet you'd love what you can do with your bitcoins. Gambling is also good but very risky so I will advice against that.



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Rainbot
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February 13, 2017, 02:29:38 PM
#85

just hodl bitcoin!
we are not at a point where you want to look for more profit (specially easy profit) on your bitcoin.
bitcoin on its own is giving you more than enough profit as it is rising over time and nothing even if there were a bank can not give you the same profit.














 

 

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February 13, 2017, 03:14:07 PM
#86

If tou really want to be safe your profit in bitcoins them you must have learned the art of waiting ! There is no specific length or time you can get your profit in bitcoin so you will really need a lot of patience ! dont sell your bitcoins if you still dont get your profit ! just hold and wait until the amount of bitcoin will get your desired profit then sell it ! easier said than done but its is worth a try !

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February 13, 2017, 03:26:25 PM
#87

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?

Yes you are right. Investing bitcoins in cloud mining, trading and gambling are really not safe. Making money through trading and gambling is purely luck. Even itts not safe to invest in hyip schemes. Really if you want to grow your bitcoins , the only safest way is do some job and get the payment in bitcoin. If you are getting payment in fiat currency ,just go to any exchange and convert your fiat salary into bitcoins. Thats the only and real way to collect bitcoins.

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February 13, 2017, 03:39:40 PM
#88

Currently that type of saving is not available because the governments do not have started bitcoin and the banks do not accept bitcoin and if you will keep them with any other party then it will not be like banks because it will not be regulated under the rules of government so wait for the time when governments accept it.

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February 13, 2017, 03:58:45 PM
#89

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 think you misunderstanding about expecting interest rate from bank for bitcoin, because there is no any safe method to grow bitcoin such as banks did to fiat money. If you want to grow it, then invest your bitcoin as casinos bankroll or lending it on some exchanges, but it has risk of course. Once again, there is no safe method. Any kind of business and investment are risky to lose your funds.

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February 13, 2017, 05:08:27 PM
#90

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 think you misunderstanding about expecting interest rate from bank for bitcoin, because there is no any safe method to grow bitcoin such as banks did to fiat money. If you want to grow it, then invest your bitcoin as casinos bankroll or lending it on some exchanges, but it has risk of course. Once again, there is no safe method. Any kind of business and investment are risky to lose your funds.

No one has been able to make it happen. But, I imagine if blockchain able to do so in future (making physical bank that integrated with interest rate & monthly tax, without any government supervision). There is no place to store bitcoin with a model like this. There is only one way that can make it happen, which is a passive investment that offers advantages such as cloud mining.

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February 13, 2017, 06:30:49 PM
#91

Marginal trading can sure make you smile on a daily basis, you can also do arbitrage trading or Arbitage gambling if you have accounts with two or more gambling bookmakers. I think these two principles are safe or nearly safe to make you good profits.
Yeah, arbitrage betting is an excellent and unmatched example of making profits without any risks at all.

But this arbitrage betting too has some issues like hard to find those sort of picks and then the betting currency must be bitcoins for both of the sites which is hard since there are mainly two main sportsbooks namely directbet and nitrogensports.

We can find quite many arbitrage picks in normal market but BTC sportsbook are still quite limited. Same applicable for arbitrage trading, too hard to find an opportunity but instant results are sure shot benefits.


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Osarman
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February 13, 2017, 07:20:31 PM
#92

Currently that type of saving is not available because the governments do not have started bitcoin and the banks do not accept bitcoin and if you will keep them with any other party then it will not be like banks because it will not be regulated under the rules of government so wait for the time when governments accept it.
yeah there is not any party like that bank who keep your bitcoin but i also hope that government adopt the bitcoin and bank will be accept in the future but sometime i think that bitcoin has do not need any bank because bitcoin already has a stable system to keep it in your online wallet which is more safe than bank and we know bitcoin price is already increasing.

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February 13, 2017, 09:26:29 PM
#93

as for me the best and safest method to grow your  bitcoin is to hold it ! dont ever sell your bitcoin if you feel like its value is decreasing just hold dont sell it will come a time that it will increase again so when you already get your desired profit let say four times of your initial capital then sell ! it will take time but it is worthy !
Holding bitcoin for a longer time is a good thing but you can very well book your profits in the mean time and buy back when there is a correction as you could see a price correction every now and then and trading is the best and safest method to grow your bitcoin and you can try gambling every now and then with small amounts.
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February 13, 2017, 10:54:34 PM
#94

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 only rely with your bitcoin and not running a service or selling a product,some of your options is trading,so far I can recommend cloud mining but only the reliable ones,but it's not as profitable as before,if you want a safe investment then don't spend your bitcoin and just hold it and time will reward you for doing this..

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iqlimasyadiqa
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February 13, 2017, 11:02:59 PM
#95

I better do an investment such as trading. because I can achieve a trading profit.
so my money is growing more and more. it would make me happy .



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February 13, 2017, 11:13:35 PM
#96

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?
Now the closest method to what you want is investing in cloud mining, but the thing is it's not 100% safe, and neither is very profitable. The best method IMO is just to hold you bitcoin. Bitcoin is already rising very fast if you had 100$ worth BTC around this time of last year, today that would be worth $200.
Yes by holding you will lower your risk of losing in case your investment fail and also holding makes bitcoin scarce in market which in turn push up price.
But human is by nature impatient and many people wants to get quick money.

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February 13, 2017, 11:58:34 PM
#97

as for me the best and safest method to grow your  bitcoin is to hold it ! dont ever sell your bitcoin if you feel like its value is decreasing just hold dont sell it will come a time that it will increase again so when you already get your desired profit let say four times of your initial capital then sell ! it will take time but it is worthy !
I think hold bitcoin bitcoin will not make you grow, your bitcoin number will remain the same. but by holding bitcoin. you can benefit due to the rise in prices that may occur

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February 14, 2017, 04:29:24 AM
#98

when using bitcoin, you become your own bank and you will no longer need any banks.
so why not stay away from any bank that wants to give you profit and also why not just start being your own boss and have your own business? everything on your own without need of third parties. in that case you will not only make lots of profit but also there is nobody to answer too.

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February 14, 2017, 07:17:09 AM
#99

Currently that type of saving is not available because the governments do not have started bitcoin and the banks do not accept bitcoin and if you will keep them with any other party then it will not be like banks because it will not be regulated under the rules of government so wait for the time when governments accept it.
yeah there is not any party like that bank who keep your bitcoin but i also hope that government adopt the bitcoin and bank will be accept in the future but sometime i think that bitcoin has do not need any bank because bitcoin already has a stable system to keep it in your online wallet which is more safe than bank and we know bitcoin price is already increasing.
yes bitcoin do not need for any banks, bitcoin wallet system where one can save any amount of their money with out the check of government or any one else. bitcoin wallet the best option for transaction of money from one place to another it is also the best option for saving your betcoin.



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February 14, 2017, 07:25:02 AM

when using bitcoin, you become your own bank and you will no longer need any banks.
so why not stay away from any bank that wants to give you profit and also why not just start being your own boss and have your own business? everything on your own without need of third parties. in that case you will not only make lots of profit but also there is nobody to answer too.

Exactly, it's all about Independance. Holding your wealthes in your hand. Best comparison probably is over the counter bullion trade. The first and foremost motivation beeing a rather conservative one, preserving value. The ups'n'downs on Bitcoin are icky, but on the long we can exspect our investment (time & money & computational resource) to keep value, at least.
Overly optimistic forecasts are pointing at the moon but that is dreamlands on my opinion.

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