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Indrawan77
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October 24, 2017, 06:07:27 AM |
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There are few mpre ways to earn and mining is not too suitable anymore due to the difficulty and the electricity price, you still can do trading or offering your service, if you want to invest in alt coin or ICO it is better to have the knowledge before you try it, alt coin is a very risky investment because the volatility is very high, the safest investment is holding bitcoin
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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CryptoTamer
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October 24, 2017, 06:17:08 AM |
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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?  It has almost the same risk. You buy antminer s9 and doing the mining is also risky because Bitcoin prices determine your mining profits. I think it's better to buy Bitcoin because there are many things you can do. such as trading or investment |
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Rishabh riyz
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October 24, 2017, 08:39:26 AM |
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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? We know that bitcoins is always growing it's value in long term that makes it a good investment, but buying Bitcoins now is costly the price now is $6K . So I would suggest you to buy other cryptos which have a good potential to grow their value in future. The potential of asset matters the most in any investment, so one must carefully study about the altcoin they are investing in. Investment without knowledge is like gambling. Cryptos like ethereum and ripple actually have potential to grow up. If their is any famous crypto besides BTC then it is ethereum so one should surely invest in ETH . |
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btcdepo
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October 24, 2017, 10:05:56 AM |
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Buying and holding is just one way of investing. When you become more experienced invester / trader you can do day trading during the day with a lot of buy-sel, sell-buy and make money with that.
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wellsontheja
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October 24, 2017, 10:46:14 AM |
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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? Investation is always had they own risk but i thought investation in bitcoin is better than other coin because the risk is more high at other coin than btc. Even for mining it's had they own risk too if the price is suddenly going down it'll be the risk for mining coin i thought. |
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michellee
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October 24, 2017, 12:43:48 PM |
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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 $4k a coin? It has almost the same risk. You buy antminer s9 and doing the mining is also risky because Bitcoin prices determine your mining profits. I think it's better to buy Bitcoin because there are many things you can do. such as trading or investment i think its better to trading because with trading you can make a lot of profit but its depend on the coins you choose. and I think its not wise to spend your mining for mining because the difficulty of bitcoin is increase too high and only high end hardware like s9 will give you a lot of but not the profit because its depend on the bitcoin price. beside that, if you choose to mining, then you need to calculate about the electricity fee and if you are fine with the fee, then you can try to mining. |
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Hamilcar
Member
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Activity: 112
Merit: 100
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October 24, 2017, 12:47:28 PM |
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As a starter i try to grow my coins by investing in small altcoins with capacity to increase. Holding bitcoin is not profitable unless you own a big amount.
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Titanos
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October 24, 2017, 01:23:23 PM |
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300$/year is not a profit. It's a waste of time. Try to trade and invest in other altcoins to grow your profit.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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October 24, 2017, 01:31:03 PM |
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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? It has almost the same risk. You buy antminer s9 and doing the mining is also risky because Bitcoin prices determine your mining profits. I think it's better to buy Bitcoin because there are many things you can do. such as trading or investment i think its better to trading because with trading you can make a lot of profit but its depend on the coins you choose. and I think its not wise to spend your mining for mining because the difficulty of bitcoin is increase too high and only high end hardware like s9 will give you a lot of but not the profit because its depend on the bitcoin price. beside that, if you choose to mining, then you need to calculate about the electricity fee and if you are fine with the fee, then you can try to mining.It's not always about electricity fees why it's not recommended for newcomers to try bitcoin mining. The first thing it need is knowledge. I have seen lot of people become interested in bitcoin mining but being interested is not enough. They told they will buy mining rigs eventhough they are not aware of the risks. Ok let's say cheap electricity and they afford to buy mining rigs, do they think that's enough and will just give them passive income. To make it short, I have told them that if bitcoin mining is worth to try by newcomers today, then why the method is not hype today? If still there is question after some short enlightenment to them then the only thing I can say is, "Ok try it and see for yourself what will be the result". |
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zeingrind777
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October 24, 2017, 01:51:36 PM |
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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? I think both bitcoin and altcoin are at risk. because I know that the price of crypto currency depends on market demand. to avoid the risk of a little terrible, you should short-term trading. the risk of loss is not too much |
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Casabrandy
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October 24, 2017, 02:14:55 PM |
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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? I think both bitcoin and altcoin are at risk. because I know that the price of crypto currency depends on market demand. to avoid the risk of a little terrible, you should short-term trading. the risk of loss is not too much Based on your statement itself. The price of cryptocurrency depends on market demands which is already know for crypto right now. Many crypto currency are adopting the used of cryptos for money transfer if you are reading news article on different news site. |
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Blamsud
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October 24, 2017, 02:19:30 PM |
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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? I think both bitcoin and altcoin are at risk. because I know that the price of crypto currency depends on market demand. to avoid the risk of a little terrible, you should short-term trading. the risk of loss is not too much Based on your statement itself. The price of cryptocurrency depends on market demands which is already know for crypto right now. Many crypto currency are adopting the used of cryptos for money transfer if you are reading news article on different news site. The problem is, even if the market has high demands. Altcoins are just like ponzi scheme. Those traders that bought in low price will surely sell their coin once the price pumps by the adoption of other countries. Just like what happened when japan used bitcoin. At first the price pump but suddenly surge down because of exit of some traders that already have profit. |
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dreamer81
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October 24, 2017, 02:32:46 PM |
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Basically yes. You can try to trade bitcoin, but then you dont really understand the principles behind, and in reality yhou should just leave this market and trade stocks instead.
Bitcoin is a perfect store of value... dont try anything else.
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xPPx
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October 24, 2017, 02:42:03 PM |
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I believe holding is the only way. I would never sell Bitcoin unless it hit $10K or I was strapped for cash. I spend USD, not BTC.
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CryptoCoin8487
Member
Offline
Activity: 218
Merit: 10
I AM HAPPY TO BE A TRADER
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October 24, 2017, 03:10:40 PM |
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mining is complex.. better first try trading in bittrex,,
Mining is like a passive income better if you study and try trading buy low and sell high repeat this and you also earn more bitcoins by doing this i personaly advice this to you just be patience and you will earn it |
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orions.belt19
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October 24, 2017, 03:33:51 PM |
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There are other ways of earning bitcoin - buying and holding is simply one of the most efficient and profitable ways. Also, it requires the least work. You may also be involved in trading if you are interested in buying other coins.
As mentioned by others, participating in a signature campaign enables you to earn bitcoin on a weekly basis. You may also offer some of your services in this forum and be paid in BTC. If you have other skills, there are some freelance jobs that pay in the form of BTC. Jobs such as programming and graphic design are just some of the few in demand jobs that are paid in bitcoin.
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Faruque312
Member
Offline
Activity: 490
Merit: 10
Life is full of struggle
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October 24, 2017, 03:35:39 PM |
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No.. buying and holding is not only the way.. there are many ways you can earn more bitcoin.
you can Earn from matrix site, if you want to know about matrix site please search Google
or you can earn bitcoin from revshare site.
and many more ways to earn bitcoin.
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Redanim
Newbie
Offline
Activity: 56
Merit: 0
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October 24, 2017, 03:40:26 PM |
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If u think bitcoin is very expensive now and u dont want to invest in bitcoins, u can check iformation about others cryptocurrencies like ethereum, litecoin, monero, dash, ripple, there are many stable and popular cryptocurrencies, bitcoin is just the most popular.
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Dilladupak
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October 24, 2017, 06:00:15 PM |
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especially for you holding bitcoin may be a Safe Investment, the most you do in the trade, if you invest long-term is a good idea to get more of your bitcoin. so also in my country butcion is very much that use even most companies use bitcoin for their need more safer .
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Cranidos
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October 24, 2017, 08:33:16 PM |
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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? Why don't you try earning them by providing services or selling goods. This would be the best way to accumulate Bitcoin faster. Engage also in investing to other tokens thru their ICOs. As far as I know, investing in ICOs are very profitable considering that the ICO is of a good quality. Though you have to conduct deep research about it, it will be worthwhile. |
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