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Author Topic: The Cryptocurrency market  (Read 2177 times)
ninjagod (OP)
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July 26, 2017, 06:44:48 PM
Last edit: July 27, 2017, 08:30:50 PM by ninjagod
 #1

What does everyone think? How do you think its performing?
Servalead7
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July 26, 2017, 07:59:48 PM
 #2

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks

My suggestion for you now is to buy more Minereums (MNE) while the exchange rate is low. Do the Trading at LIVECOIN.net. Minereums will increase it's value by August. You have a choice and consider my good advice for you to earn more. And please, no bitcoin transactions on July 31, August 1, and after August 1. Read the reminders from bitcoin.org. Wait for further announcement. Just a friendly reminder from us. Spend wisely.

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CrewKitten
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July 26, 2017, 08:03:41 PM
 #3

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks

Sorry to break it to you, but it will be almost impossible to get 2x return in three weeks let alone 10x. Maybe in three years...
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July 26, 2017, 08:07:29 PM
 #4

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks

By the way, i still have another suggestion for you.
Aside from Trading, please consider a newly released DeepONION crypto coin 2 weeks ago.
There are Bounty rewards, Free Airdop, Mining, and having a very supportive active community forum.
You can do more research about this new coin. Our team choose deepONION now.

Website and Forum:
Website: https://deeponion.org
Forum: https://deeponion.org/community/
Airdrop Registration Site: https://deeponion.org/apply
facebook: https://www.facebook.com/deeponionx

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June]✅[Tor]✈✈✈ ║───────────║ Wallet ➢ ✓ Windows  |  ✓ macOS  |  ✓ Linux
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July 26, 2017, 08:48:12 PM
 #5

Earning money is not such easy. It's impossible to make a good profit in only three weeks. I recommend you to spend more times on cryptocurrencies. Do some research, learn and spend your extra times on it after summer too.
You seem so inexperienced. In this way you may lose your money.

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July 26, 2017, 08:51:28 PM
 #6

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks

You can't make a target price for an exact period of time if you will do trades. 10x return is possible but it's doesn't have a 100% chance. Trading is patience and needs time, same with the coins as they are all facing the price volatility.

To answer your question, none if you want an exact answer. Crypto trading is not meant for people who are in rush of profits.

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BitcoinBarrel
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July 26, 2017, 09:02:42 PM
 #7

There is no guaranteed why to make money in Crypto-currencies. It is just like making money in the real world.

You need to be skilled and knowledgeable about your area of expertise because there is always competition. You can try trading, but if you make a bad call you could lose big. Plus you have to pay trading fees. You could buy and sell cryptos for 10% rate, but you have to pay taxes and may get in trouble with FINCEN or other government entity in your country. And the market still could swing in the wrong direction costing you. You can try gambling, but you will lose in the long run because the casino has a house edge always!

The only solid way to make money with cryptos is trading Items, Labor and Cash for BTC and HODLing. Bitcoin has increased in value an average of 0.4% per DAY since it started. There is no better investment.

You can work for cash doing small jobs around town, mowing lawns, picking up extra shifts at your job, cleaning up dog poop for people, scraping metal, ANYTHING to earn some cash so you can buy BTC.



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CrowdFunder
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July 26, 2017, 09:02:53 PM
 #8

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks

10x returns in three weeks is a pipe dream and the other 2 options aren't feasible for what you have now.

Altcoins and ICO have a good chance to do better than bitcoin but you still won't see 10x returns in such a short period unless you gamble it on some pump and dumps and get extremely lucky.

I would suggest altcoins but it won't be enough to achieve your goal.
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July 26, 2017, 09:42:55 PM
 #9

10x returns is not impossible, but it would be beginners luck if you did achieve it.

Staying on top of ICO's and or being good at reading charts on mid-sized exchanges to know when a MM is pumping and cooking books and staying ahead of him on the dumps, could be a way to do it.

My best advice though: Buy some BTC with it and forget about it. Don't trade as a noob in full swings hoping to double/triple/10x unless you're prepared to lose it all in a few bad moves. < I mean this is how you learn to trade but if it's your savings account you'll stress yourself out and probably not retain much of said learning.

If you do start trading alts and riding pumps, do it with a small % (like 10%) so you can be ok with losing it should you make bad trades/bad timing etc.

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July 26, 2017, 10:11:27 PM
 #10

My suggestion for you now is to buy more Minereums (MNE) while the exchange rate is low.

This is bad advice.

Aside from Trading, please consider a newly released DeepONION crypto coin 2 weeks ago.

This advice is equally bad advice. I suspect pump-and-dump.

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July 26, 2017, 10:16:55 PM
 #11

The only solid way to make money with cryptos is trading Items, Labor and Cash for BTC and HODLing.

That's good solid crypto advice in a nutshell. HODL FTW.

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July 26, 2017, 11:01:44 PM
 #12

Monitor the price of bitcoin and when it gets lower buy before August 1. As it was expected to pump after August 1. And the possible profit you are expecting can be reached with your given time but of course I don't guarantee that, it's a tough decision but base on what happened weeks ago, it's possible to happen.

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July 26, 2017, 11:07:55 PM
 #13

all you can do, ranging from mining, trading, ico, buy bitcoin atm, make your own cryptocurrency. only one thing you should know about making money on cryptocurrency, that you have to have a lot of experience in it. because without the experience you will have confidence, so start now to get a lot of experience in advance.You will never get anything great without any experience and you should be able to control myself from all the circumstances of the encounter. Because if you are playing in a manner not true everything will end in loss
 
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July 26, 2017, 11:30:40 PM
 #14

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks

Some of the advice here is good.

Making a 10x return is highly unlikely in a short time frame.  Bank it, buy some BTC, whatever you do, play it safe and don't get involved too much just yet.  You still have college/uni/work and all the other stuff young people have to do.

If you're determined to make a mark somewhere, spend some time learning more about it and doing some research. Separate fact from fiction and if anything seems too good to be true, it probably is. Be careful and don't allow anyone to sway your better judgement with unknowns and speculation.

Good luck!
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July 26, 2017, 11:36:34 PM
 #15

Everyone would want something like that. including me. I also keep digging information on how to produce bitcoin.
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July 26, 2017, 11:38:25 PM
 #16

It is hard to make that much profit in 3 weeks, if you want to make that much profit then you need to do a very risky things that might cause you to lose money, you can go buy ICO and pray that it will work well or bring your money to gamble, but I will not suggest both of that things because you will likely to lose money rather than to gain some, the one that has less risk is trading, but I doubt you can earn that money in a short time


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July 26, 2017, 11:44:21 PM
 #17

Ok, so I have £1500.

I am 17 years old. I want to make money...
I have three weeks of summer left to do it.
I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.

How do I get 10x returns in three weeks?
Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?

Thanks
It will possible for you to make at least more than 25% but i don't think if you can be made over 2-3x return for your investment. The best activities for you to take the altcoin as the primary way for you to do that. i mean buy the dip and sell in the sky. You understand, right? To buy bitcoin you will agree with the long-term holding.

Please don't ever think to create another crap coin. It will not good for you.  Cry

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jak3
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July 26, 2017, 11:45:38 PM
 #18

the only thing you should do right now is altcoin trading because that is the only way which logically makes sense to me. as of you want to make quick money and you don't sound like hard working so you can not do work in freelance. but if you are hardworking enough and do have some skills then why don't you just invest some money on the freelance certificates so you can get jobs online and you can get big money from those and that can probably give you a money boost for a huge time, not just 3weeks. and by the way, i am 18
darkrose
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July 27, 2017, 12:08:30 AM
 #19

my suggestion is trading  in cryptocurrencies if you know how to trade you make a good profit, also investing to new altcoin is good to invest if the project is success, is not easy to make money online you need to have skills and knowledge about crytocurries to earn money fast, if you do not want to invest your own money, if you have capabilities about programing like web designing, language translation does have cryptocurrency paying in the market services for a job
ninjagod (OP)
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July 27, 2017, 12:31:49 AM
 #20

and by the way, i am 18

That's interesting. Have you made much money off Bitcoin? When did you start? - I see you activity score is relatively high
Do you mine?
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