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Author Topic: Is Buying and Holding the only way?  (Read 4280 times)
thenameisjay
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April 19, 2018, 03:47:34 PM
 #261

I think it's best you keep on mining. You have to make a break even first of your ant miner to make at least some profit. You just have to take real good care of your ant miner to prevent it from dying and thus causing delay and possible loss of profit. Keep on mining, buddy!

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April 19, 2018, 04:05:44 PM
 #262

Buying and holding is a good plan but it won't make more that what it already is. Like other have said buy a s9 it will pay for itself and then you are in profit from there even invest in altcoins and hold them and increase your portfolio.

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April 19, 2018, 04:09:03 PM
 #263

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh



If you are a risk taker it is better of you buy bitcoin and hold it for some years until the price of it will increase or go higher. So that your profit will increase too. We all know that bitcoin is so legit so that many people still using and want to have it because they want to use it to have a better future. And if you are not sure in entering the world of bitcoin maybe it is better for you to find a new currency that have a low price but it will grow in a few weeks or months. Always remember that, risk is always there but bitcoin is anywhere. GodBless
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April 19, 2018, 04:13:14 PM
 #264

To invest in this market, this is not the only way. You can buy and sell for hours and it will make you more profitable. But to do this you have to be a good investment. If you are a newbie then buying and keeping is probably the only way.
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April 19, 2018, 04:13:49 PM
 #265

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
Well buying and holding is the old book way, but you can do other investing now cause there are
a lot of new feature coming in now to the crypto world, lots of profitable altcoins out there you can invest in
and hold for long-term profit, some altcoins even offers weekly revenue paying out in ETH for holding.

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April 19, 2018, 04:14:08 PM
 #266

Yes. You have to see situation so you.can get big money when you sell btc in higher price and you can get big money
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April 19, 2018, 04:19:55 PM
 #267

Well you can also invest in cloud mining, for example Genesis mining. Its not so profitable but you can make good amount out of there if you have a lot to invest there.
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April 20, 2018, 07:21:20 AM
 #268

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
In the time of deflation, the buying and holding is the only way and I guess, is the best way to make profit because this is the time when you can buy more and more bitcoins because the valuation is not that much hiked and then hold them till the valuation inflates and u can simply make a very good profit but still there are many other ways to invest into BTC like joining survey campaign or start writing for them could be other options too.
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April 20, 2018, 07:28:38 AM
 #269

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
buy and hold it for some time now is indeed a way of investing with bitcoin but if we try to follow ico with campaign and get little reward from what we do

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April 20, 2018, 07:49:03 AM
 #270

I suggest you buy and hold Bitcoin for long periods of time like 5 to 10 years. Because the longer we hold Bitcoin we have the more profits we get. Although lately, the price of Bitcoin is always down I am sure this is only from its fluctuating nature and will not go down forever. Every year the Bitcoin price must always increase and become the highest coin price compared to other coins.

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April 20, 2018, 05:03:08 PM
 #271

You can distribute your money into several coins. It's quite a popular practice, I do it too. I have bitcoin and many other, in my opinion, promising coins.

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April 20, 2018, 05:31:29 PM
 #272

To me, buying and holding is the way so good and rewarding. I mean long term holding of at least eight months. This will give you excellent yield most of the time. The choice of how to make money in cryptocurrency is that of the individual concerned and he will be making his choice based on what he knows best. Some prefer trading.
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April 20, 2018, 06:38:23 PM
 #273

Mining is really quite expensive and time consuming. You can buy not only bitcoin, but also other coins, and hold them for a long time. It's quite profitable.

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April 20, 2018, 06:45:34 PM
 #274

I adhere to a long-term investment strategy. You just choose the most profitable coins to buy them, choose a secure wallet and forget about your investments for a while. And just watch the price.
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April 20, 2018, 06:50:48 PM
 #275

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
What do you want to say? Do you have a problem with how to reproduce your Bitcoins? If so, you can join campaigns. There you will earn bitcoins depending on your rank. And it's paid weekly, All you have to do is post depending on the required post you should be able to do in a week of campaigning. Because of the signature you are wearing as they are paid. So wait for about a month and you can join the campaigns
If you just buy and hold, how you will be able to make profit. You must sell to generate profit. Besides,  you have to buy at a lower price. You can also earn through involving in campaigns like bounty and signature campaign.
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April 20, 2018, 09:51:51 PM
 #276

Buying and selling of cryotocurrency is not the only, you can mine various coins, one can as well do a freelance writing or job, bounty campaign,air drop and get forward..
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April 20, 2018, 10:02:02 PM
 #277

Buying and holding is not the only way to get profit from cryptocurrencies. There are many and many of them. ICOs, Investments, Mining, Gambling, Trading, Bounties etc.
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April 20, 2018, 10:58:35 PM
 #278

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh
You must remember that bitcoin is money so any form of way earning money will work on bitcoin as well, so you do not necessarily need to buy bitcoin in order to get it, you can work for it, offer to the community all your skills that you have that you can do online, if you are any good at it, it is possible that you could make a significant amount of bitcoin in a relatively short amount of time.
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April 20, 2018, 11:17:37 PM
 #279

bitcoin mining is now unprofitable if only 1 or 2 hardware. it will run out on electricity. there are 2 good options. 1 daily trading to collect bitcoin. 2 buy and always buy for long-term investment and hold it until the price is really at the top. it will give a huge advantage. for faucet, i do not suggest it.
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April 20, 2018, 11:45:36 PM
 #280

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Huh

That last one is much better, invest with new coin/ token that has potentials. Mining could also be a good way to earn but electricity bill would be costly, and end up having little or no earnings at all.

Try considering bounties as well. It requires more effort and it may took a while but it's worth the shot.

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