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Author Topic: Is Buying and Holding the only way?  (Read 4289 times)
Wipro
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October 04, 2017, 06:27:08 PM
 #21

Hmmm, as I know miners are having a lot of troubles nowaday because of the diff is too high and the electric cost, the amount of money you have to invest to start mining is really big and at the diff level right now it may take about more than 1 year to take your investing money back so it's a little bit long so I think you better join trading but don't be hurry, try to research a lot before you join and don't hold any coins too long except Bitcoin. Beside joining campaign in this forum is ok although it's not a quick way to earn Bitcoin but you don't have to spend too much time as faucet.
I think that if I pay attention only to the company, then this is reality. Ways that make it possible to earn without risking by any means. Of course, the speed is discussed here, because it will be necessary to wait not only for the end of the company, but also for the beginning of the payment.

Don't understand bro are you gonna concentrate in the bitcoin related work or you gonna concentrate your day job from your company alone. You have to understand the  bitcoins price potential to reach the next peak value soon. If you are fine to wait you can just buy and hold for sometime.
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October 04, 2017, 06:37:31 PM
 #22

Hmmm, as I know miners are having a lot of troubles nowaday because of the diff is too high and the electric cost, the amount of money you have to invest to start mining is really big and at the diff level right now it may take about more than 1 year to take your investing money back so it's a little bit long so I think you better join trading but don't be hurry, try to research a lot before you join and don't hold any coins too long except Bitcoin. Beside joining campaign in this forum is ok although it's not a quick way to earn Bitcoin but you don't have to spend too much time as faucet.
I think that if I pay attention only to the company, then this is reality. Ways that make it possible to earn without risking by any means. Of course, the speed is discussed here, because it will be necessary to wait not only for the end of the company, but also for the beginning of the payment.

Don't understand bro are you gonna concentrate in the bitcoin related work or you gonna concentrate your day job from your company alone. You have to understand the  bitcoins price potential to reach the next peak value soon. If you are fine to wait you can just buy and hold for sometime.


I dont understand what all of you are saying! But Hodling BTC is great!
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October 04, 2017, 06:38:01 PM
 #23

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
As long as I understood the OP wants a suggestion to get a quick earning on his capital. It seems to me like he is confused about to invest directly in bitcoin or in any of the altcoin so that he get a maximum profit.
To my opinion bitcoin is the most secure investment in the entire crypto-currencies. Bitcoin is less riskier with a great potential price growth. There are few well reputed altcoins which can also be considered for the purpose of investment, they don't disappoint the investors as well.
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October 04, 2017, 06:48:08 PM
 #24

As long as I understood the OP wants a suggestion to get a quick earning on his capital. It seems to me like he is confused about to invest directly in bitcoin or in any of the altcoin so that he get a maximum profit.
To my opinion bitcoin is the most secure investment in the entire crypto-currencies. Bitcoin is less riskier with a great potential price growth. There are few well reputed altcoins which can also be considered for the purpose of investment, they don't disappoint the investors as well.
Yes, he is confused because he's treating mining and holding separately.
If every miner saw his profits from mining after an immediate conversion, he'd never got into it. Most miners get their profits because they are getting maybe 10% after reaching ROI on top of holding it all for a whole year.
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October 04, 2017, 06:49:53 PM
 #25

No Buying and Holding is not the only way. Don't See bitcoin as a cryptocurrency instead see it as a money. people don't just buy and hold money they earn it. earn bitcoin and buy an asset. faucets will not give you 1bitcoin but your skills can provide you money if you really put that to good use. there are some sites like freelancer which provides money when you do work for them. you can investor you can even start up your own business.
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October 04, 2017, 06:53:31 PM
 #26

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
Investing in Bitcoin as a long term investment is a great idea and it is a lot safer than investing in new cheap coins and hope that they will grow to $4k. The chance for that to happen is 1 from 1000000. For bitcoin it took almost 10 years to reach 4000$. Do you think it is better to invest in hundreds of coins and wait 5 years hoping one of them will reach 4000$ or it is better to invest only in Bitcoin and after 5 years you have a guaranteed 100%-500% profit?
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October 04, 2017, 06:56:19 PM
 #27

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

Buying and holding BTC can make a profit for you but it is not the only way. If you could provide some time in doing research on this area, you could come up with some list that will provide you ways on how to earn BTC and how to make the best out of it. You could trade it with altcoins (as long as you do your own research and don't listen to other people) that has potential in the future. Many people became filthy rich because of it. Classic example is ETH and NEO. Those who invested in these coins in their early days made a killing when their prices went to the moon.  Grin It is a bit risky but that's why you should assess first yourself and do your own diligence in researching the coins that interest you.

Don't get me wrong. Buying during the dip of BTC and holding it for a couple of months and years will definitely bring you significant amount of profit if you are just patient. Choose for yourself and don't listen to others.
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October 04, 2017, 06:56:26 PM
 #28

Show me a coin with the same potential of Bitcoin and with the same sourcecode mate, no cryptocurrency other than Bitcoin will ever reach $4000 if you are

Looking for it you will never find it, there is no guarantee of earning $300 profit in a year by mining with a S9 miner. but people like Chinese, Wu etc are the

Ones ensuring the future of Bitcoin, they are manufacturing miners and with their cheap electricity they'll continue mining increasing difficulty every day. you

Should just buy and hold. your guarantee of price going up in future are them keeping their mining operations on to compete, when you have miners you have

Market and demand.
maxamus
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October 04, 2017, 07:15:12 PM
 #29

I think this is the most profitable way to earn money on the market, since the only thing you have to do is to look at potential coins and then invest for some time, you dont have to do anything, only to wait a few time until it makes x1,5 x2, it is so easy, i really have fun when i hold, and it doesnt takes me much time to do it, so i enjoy it.


Yes i agree with you as the best way of making more profit is investing in the potential coins like alt coins and ETH then once the value shoots up reinvest it into bitcoin as it will be little difficult to invest in bitcoin as the value is high.

Am I spamming? Report me!
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October 04, 2017, 07:23:01 PM
 #30

If you dont want to invest in ICO or altcoins then Yes it is the only way. Buy low and keep it in a cold storage. If you can invest then do it in the ICO's, lots of new potential ICO's coming up these days, study on them and invest little.

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October 04, 2017, 07:29:39 PM
 #31

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're confused about something and I can't really pinpoint what you're aiming for
You treat bitcoin as an investment and you calculate your investment and return in usd but at the same time you think of getting 1 btc.

What is the final stage of your bitcoin adventure?

You plan to invest x amount and the time it reaches value y you plan on dumping or you just want to create a source of a steady monthly income? You want to invest and wait or you want to generate constant revenue.?

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October 04, 2017, 07:36:17 PM
 #32

Just for your info, I would like to tell you that I have recently seen people mining DASH and trying to make quick bucks over it and they became successful.
Those who bought the miners, sold it for more than 3x the price and those who bought it must be enjoying the profits currently. Try and see if you could get a D3 miner as the opportunity is still there because difficulty is still not high considering what it will be in the future when the October (this month) and November's batches are sent out to the buyers.
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October 04, 2017, 07:38:58 PM
 #33

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

Right now, it's not profitable to mine anymore because there are lots of miners now and the production cost is really high. There are other ways other than buying and holding. If you are interested in trading it's by far the fastest way to earn but is also risky. There are also opportunity in ICOs investment as long as you know which one to support but that's the tricky part you know, finding the right one. Everything is a risk here and the question is how much of a risk taker are you. Remember that no one succeeds who doesn't take risks. And by the way, another good source of btc is by offering services in exchange of btc and one example is the signature and bounty campaigns here in this forum. But first you have to establish your rank to at least Jr. Member for you to be eligible in campaigns. There are other services though, you can offer to design logos, translate ANNs, offer web designs, programming, etc.

I guess those recommendations can really help a lot to those who failed on their investments like buying and holdings. Lately I observed that there were more dumpers at the trading sites, which I seen it those people were not traders actually. It seems that they are those who dumps immediately and that's what bounty hunter did, who didn't think for holding.
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October 04, 2017, 07:40:03 PM
 #34

The only way for what? The whole purpose of bitcoin is to buy and hold. Dont think otherwise. It's not like anything you have ever seen before. It's not a stock. it's not a currency.. it's store of value!
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October 04, 2017, 08:21:53 PM
 #35

Indeed holding bitcoin and for the next few years is certainly a lucrative investment, and it is very effective in gaining future profits by exploiting the increasing bitcoin price fluctuations.
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October 04, 2017, 08:25:18 PM
 #36

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.

That's barely low it's one of the reason why if you want to try out mining with antminer s9 you should invest bigger capital on that thing. A single antminer won't work at all, the profit you'll be getting there will be the one that you'll pay for your electricity. Don't get into the hype of those people that are attracting that mining is still profitable, only the mining farms are the one that are able to catch up.



and obviously i can't use faucets as that will take years to get one bitcoin.

You're right about it.



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

It can be an option to buy and hold bitcoin but there are some ways of earning bitcoin. As you are pointing out that you want to have some bitcoin but buying is a good alternative rather than buying a mining rig.
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October 04, 2017, 09:25:39 PM
 #37

Bitcoin Mining isn't that profitable any more, especially for an individual. However, holding might be the most "Safe" kind of investment you could do. Trading is excessively risky, it involves to frequently keeping track of Bitcoin's price, bying and selling at the right time. Not to mention how stressful it is. Moreover, during rush times, it's common for exchanges to be intensely slow or even crash, it has happened to me once in Kraken, while dealing with Bitcoin Cash. It resulted into me losing a small percent of what I would earn in the first place.

R


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October 04, 2017, 09:38:21 PM
 #38

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
Everything has its own risk, if you want a sure investment just stick to bitcoin. Altcoin has a bigger risk than bitcoin but if you choose carefully it has a bigger reward. As the saying goes "the higher the risk, the higher the reward.
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October 04, 2017, 10:34:15 PM
 #39

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
I think ant miners are not that good with minings with btc but those gpu are good with the altcoins if I were you I will chose altcoin rather than bitcoins as you can see and calculate it you can save money from high bill of electricity its depends to you if you want to invest or not bitcoin is not that accurate with the pricing but it is really good investment if you hold that long. Bitcoin is the best of best trade with altcoins and make more money with it.
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October 04, 2017, 10:48:35 PM
 #40

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

I feel sorry about your experience but treat it as a good thing that you had experience it because you can warn others that wants to try out mining with bitcoin. You should invest in some alt coins that are quite cheap right now and try to get in while the market is in quite down slide for today. Bitcoin, ETH and others that are in the coinmarketcap.com are the best option for you.



 

 

 

 

 

 


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.
"I could either watch it
happen or be a part of it"
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