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Author Topic: How to double your money using BTC?  (Read 32422 times)
MingLee
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May 11, 2017, 04:20:22 AM
 #41

At this point chances are it's easier to use altcoins to double your money, but of course they have the increased risk so it comes down to knowing what's going to happen for one reason or another, or simply riding the tiger. Other than that, you're looking at a crapshoot for the market and it is never really a guarantee that you're going to make money, but the trends on the markets these days have been quite favorable so you might be able to follow through with your plan.
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May 11, 2017, 05:41:37 AM
 #42

Oh no fack me I forgot to make it moderated

This isn't suppose to be for the experts and already penny earners here but rather for fiat users and believers.
Not everyone will join crypto, hell crypto only means BTC because only BTC is most important and most legit.
If you go around a city blocks asking from people about altcoins they will look at you like you're from outer space.

Though if you ask people about Bitcoin from every 1000 people at least 1 has heard about it.
I'm talking about serious wealth here not earning some few bucks by pump and then dump on newbies.
I'm talking about a guaranteed doubling of your fiat currency in approximately 6 months period.
There is a good chance to successfully double $1B in a month with recent fluctuations in Bitcoin and not shitcoins.

This topic will hopefully be here 6 months from now, we'll see then.
Let us say that someone does this advice of yours, they invested a lot of money and waited for approximately 6 months as you say. What if in the 6 months due, the price of bitcoin at that particular time period suddenly decreases? Well, we can't say for sure that because the price of bitcoin always goes up and down for a certain time. So the investor will wait until the price of bitcoin rises again? It's like you are so sure that within that 6 months your pointing out that it's a sure win for the investor.

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May 11, 2017, 07:03:30 AM
 #43

Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.


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May 11, 2017, 07:30:52 AM
 #44

Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.
Yeah i think buy bitcoin is also included on doubling money. Because you can see some time ago or last year the price is still in the range of $ 800 and now the price goes up $ 1600. You just need to be patient to double the money

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May 11, 2017, 10:08:54 AM
 #45

Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.
Yeah i think buy bitcoin is also included on doubling money. Because you can see some time ago or last year the price is still in the range of $ 800 and now the price goes up $ 1600. You just need to be patient to double the money



well the amount of btc that i've held on from last year already doubled its value in fiat so I think holding on to your bitcoins and waiting for the right time to sell it would be a very good idea to double your money. and to think that all I had to do was not to withdraw and spend my btcs. patience really would reap good rewards

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May 11, 2017, 10:25:21 AM
 #46

At this point chances are it's easier to use altcoins to double your money, but of course they have the increased risk so it comes down to knowing what's going to happen for one reason or another, or simply riding the tiger. Other than that, you're looking at a crapshoot for the market and it is never really a guarantee that you're going to make money, but the trends on the markets these days have been quite favorable so you might be able to follow through with your plan.

any investment is always going to be a comparison between risk and reward and when the reward is high enough compared to the risk you take, then that investment is plausible.

when it comes to altcoins, they have a very huge risk. specially "at this point" when they are all pumped to their maximum capacity and then some more. that means the risk of dump is even higher than before. so the investment is not plausible anymore.

in bitcoin we will always have rise as long as we are having more adoption. and if you take a look around the forum and news, you can see how much the adoption is growing day by day.

on a vacation and missing out on all the fun Sad
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May 11, 2017, 02:07:25 PM
 #47

Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.
Yeah if you're confused how to double your money. You just have to buy bitcoin with your fiat money and you can hold bitcoin for a few years. Because in fact we can get a 2-fold gain just by holding it about 1 year


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May 11, 2017, 02:23:46 PM
 #48

Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.
Yeah if you're confused how to double your money. You just have to buy bitcoin with your fiat money and you can hold bitcoin for a few years. Because in fact we can get a 2-fold gain just by holding it about 1 year


He's not confused about it. in fact he agrees that you can double your fiat with bitcoin. kindly read it. He said that he disagrees with the thing that op

mention which is to not be updated on crypto news. My opinion on this is somewhat the same, it is important to be updated on news because it is news

driven. what says that it is not good because he thnks people will resort to panic selling which can be avoidable if you always watches bitcoin.


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May 11, 2017, 02:50:25 PM
 #49

right now, I think you'd have a lot more chance in investing in some alt-coin than bitcoin, unless you have some income of bitcoin.

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May 11, 2017, 06:03:18 PM
 #50

I believe we already have a term for this. It's called holding (or HODLING as some fans here call it).

I still doubt it would double in 6 months though, bitcoin is at a steady climb but there are bumps along the way which could cause crashes. I agree with the "forget" thing though.

You took a risk in that investment so you already knew you have a chance to lose it. IMHO it's good to have a separate btc "vault" where you just stick them there frozen in time and "hot wallet" from which you conduct other btc related activities, like trading.

Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.

And what would you do if it shows a plunge? Take out your bitcoins? That would lock-in you losses and only benefit people who'll buy the now freed coins cheaper.
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May 11, 2017, 06:19:28 PM
 #51

But where can i buy bitcoin? And if i buy some, would it be nice to do the thread maker's advice, or use it for trading?? Which is better and can assure me a great profit??
Some say gambling, but i think in gambling you lose way too much that what you gain..
Bitcoin really gets me confused because i haven't got an idea about it plus there are so many names that i dont understand, there are altcoins, doggecoins and a whole lot more.. GOD, have tried mining but i stoped coz my miner stoped and didnt really pay out, plus i have read that you really need to buy stuff to get profits on mining and invest a lot of money..
This is so frustrating.. cant explain how disappointed i was when i tried mining coz i expected a lot because of what i read on fb that i could earn lots of money with mining bitcoins..

Edit : took me months to realize that all those links they gave me were refferals and they get something out of it immediately when you click and register. Thats why they sweet talked me and told me they'd help me every step of the way, then after i registered i get blocked on their fb.. really really frustating. Hope this mever happens to anyone.
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May 11, 2017, 08:07:38 PM
 #52

But where can i buy bitcoin? And if i buy some, would it be nice to do the thread maker's advice, or use it for trading?? Which is better and can assure me a great profit??
Some say gambling, but i think in gambling you lose way too much that what you gain..
Bitcoin really gets me confused because i haven't got an idea about it plus there are so many names that i dont understand, there are altcoins, doggecoins and a whole lot more.. GOD, have tried mining but i stoped coz my miner stoped and didnt really pay out, plus i have read that you really need to buy stuff to get profits on mining and invest a lot of money..
This is so frustrating.. cant explain how disappointed i was when i tried mining coz i expected a lot because of what i read on fb that i could earn lots of money with mining bitcoins..

Edit : took me months to realize that all those links they gave me were refferals and they get something out of it immediately when you click and register. Thats why they sweet talked me and told me they'd help me every step of the way, then after i registered i get blocked on their fb.. really really frustating. Hope this mever happens to anyone.
Buy bitcoin on your local exchange and if you don't have a local one, convert your fiat to USD and use one of the international ones.
You can also use localbitcoins and see if someone is selling Bitcoin in your area.
You can try gambling, but if it's your first investment my recommendation would be to buy and hold for a couple months.

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May 11, 2017, 08:14:30 PM
 #53

"Buy bitcoins now 1800 dollars, and double your money in six months, many already done it! The ones who bought it 6 years ago are already millionaires, c'mon buy it now while it's not late!"
This sounds like marketing for some ponzi, or I'm the only one who see this in this topic?


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May 11, 2017, 09:15:45 PM
 #54

"Buy bitcoins now 1800 dollars, and double your money in six months, many already done it! The ones who bought it 6 years ago are already millionaires, c'mon buy it now while it's not late!"
This must be a realistic way of doing it but unfortunately people do believe into FUDs more quickly rather than real facts. But for those people who are doubting about the future of bitcoins, only regretting later would be the only option will be left with them.



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digaran
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May 11, 2017, 09:40:54 PM
 #55

Why do you think people are into alts recently? it's not because they offer something greater than Bitcoin, in fact people are only buying them because of the fear of missing out the opportunity.
In matter of 1 week one big pool with most of the hash power which is considerably low compared to Bitcoin can fork, attack to double spend or split, how did ETH go?
Whenever any altcoin's hash power reached to the levels of BTC and you see pools are mining worldwide you should stick to that alt like you are sticking with BTC now, but until then it's a pump.

Do you see difficulty of Bitcoin mining dropping? it will only go upwards which will result in price going upwards not to mention the 21M cap.

It's just matter of will, if you will to buy Bitcoin you can find hundreds of ways to do so, even I from a sanctioned country can buy Bitcoins in bulk.

When I started in this forum price was around $350-400 and no body trusted me enough to give me fiat so I could buy Bitcoin, I knew then, price would increase, even now if I had $10M I would've bought at least $2M with the current price and if it went down to $1200 I would've kept holding until I could sell for $4M.

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hawthelegend
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May 12, 2017, 12:40:41 AM
 #56

Is there any other way than buying? And also not mining and faucets??
Because im in so much sht right now and woudnt be able to afford. Have no job, no degree, no nothing.
Just free time and great interest in bitcoins.
X7
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May 12, 2017, 12:42:58 AM
 #57

the best double youre money you can use bitcoin to trading
investment in bankrool in gambling site, follow cloud mining(but is very long time can double youre money

LOL Gambling and cloud mining and his Sig is a gambling site - this shit is top kek

Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
EdenHazard
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why look for fortune elsewhere


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May 12, 2017, 03:02:15 AM
 #58

"Buy bitcoins now 1800 dollars, and double your money in six months, many already done it! The ones who bought it 6 years ago are already millionaires, c'mon buy it now while it's not late!"
This sounds like marketing for some ponzi, or I'm the only one who see this in this topic?
the problem are on how people will always feel doubt in bitcoin , nothing can guarantee it right?

it was a big risk , people will always want to double their money safely which i don't think there is a way to do it. you must take a risk in this world , otherwise you will get stuck moving nowhere . $1,800 really expensive if you looking backward, so try to looking forward!

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Wesimon
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May 12, 2017, 03:14:48 AM
 #59

Here is a tutorial for dummies about doubling our money and not Bitcoins with scam scripts, remember no one has your best interest in heart to help you double your coins, however there is this thing we call it Bitcoin and indeed you can effectively double your fiat money with it.

But how?

-Simple, whatever you have buy Bitcoin(s) and deposit them in never before used addresses and forget about them for literally 6 long months/half a year.

-Tip: don't pay any attention to news and don't participate in crypto related forums and social medias, it will drive you crazy.

-Result: after 6 months and after your phone alarm went off since you set it to ring in calendar for exactly 180 days, open your browser and go to one of the reputable exchanges and look at the market price, if your fiat money wasn't doubled if you were to sell your Bitcoins then find me and kick my ass lol for bad advice.


Please refer to the Bitcoin price and charts to see if the price did or did not doubled every 6 months.

I can't find anything remotely similar to this can you? and if so please share with us.

This is somehow true. I already experienced it. But not for a very big amount of fiat money. But we must take in to considerations the thing that we could achieve if we do something to earn. Doing nothing is laziness. In this industry, it is a matter of taking the risk. What's very promising is that the return of your hard work will pay-off.

I can see your suggestion is very witty. Some might misinterpret it. But as what I've said, hard works matters. 

Dmitry.Vastov
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May 12, 2017, 04:39:09 AM
 #60

Do trading. Altcoin trading is the easiest way to double your btc. Its also risky. Make a study first before you buy. Right now the altciins are crashing. Its a good time to buy ceaper coins. I recommend Poloniex for a newbie because its simple. Also they got the best altcoin on market.

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