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Author Topic: Is Buying and Holding the only way?  (Read 4286 times)
acmagbanua21
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November 12, 2017, 05:05:13 AM
 #201

It depends on your  situation, if you are about invest for an specific on any crpyto, you will make profit in long run, but if you do day trading, its risky and you might lose lots of money, if you don't follow the news, and able to read the pump and dump situation etc.
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8Habits
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November 13, 2017, 11:49:46 PM
 #202


It depends on your  situation, if you are about invest for an specific on any crpyto, you will make profit in long run, but if you do day trading, its risky and you might lose lots of money, if you don't follow the news, and able to read the pump and dump situation etc.


Correct, day trading is really challenging and have lots of things to consider - this is not like the typical forex or stock trading because there are pumps and dumps and there is really no regulations of insider trading and the like. But day trading, once you have the full grasp of it, is really rewarding.
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November 14, 2017, 06:24:15 AM
 #203

It is not the only way to make profit in bitcoin and other cryptocurrency. If you want to make more money aside from just holding then you can try to do some investing in different ICOs that you think that is good for the future and also you can try trading which you can try to grow your money into a higher amount in just a shorter period of time because of the opportunity that is given by volatility of the cryptocurrency market.
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November 14, 2017, 06:42:21 AM
 #204

No there are another way to make profit except buying & holding.. If you want to make profit with speedy you can use btc in gambling . you can also try mining also. But if you want to earn slowly then you can try signature campaign ..Cheesy

bitfocus
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November 14, 2017, 06:54:07 AM
 #205

No, there are several other ways to gain from BTC. You can join bounties and campaigns to get coins, you can also sell goods for coins, you can provide services for coins and you can mine coins.
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November 20, 2017, 06:30:05 AM
 #206

No, there are other ways to earn bitcoin. You can start by participating in a signature campaign. Signature campaigns pay bitcoins weekly. You can also try joining logo-making contest but you should win in order to gain bitcoin. If you are a good programmer, some will pay you for creating websites or programs. If you earn bitcoins with those things, hold it and sell it.

True, there are a lot of ways to grow our bitcoin and signature campaign is one of them. Bug bounty, logo and signature design are the other good ways but those will require special skills. Trading is also good example on how to increase our bitcoin. Strictly speaking, we can do something that fit with our conditions to collect or to grow our bitcoin. Buying and holding aren't the only way.
Yes surely there are so many ways that can help you to make bitcoin. It is not necessary to have such amount that would be used to buy bitcoin and then hold them for making good profits. These are the better ways too but not the only ways. So like you said here, bounty and bug campaigns are there to get bitcoin. The most important is trading, this has more chances to earn.

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8Habits
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November 20, 2017, 11:44:07 PM
 #207

No, there are other ways to earn bitcoin. You can start by participating in a signature campaign. Signature campaigns pay bitcoins weekly. You can also try joining logo-making contest but you should win in order to gain bitcoin. If you are a good programmer, some will pay you for creating websites or programs. If you earn bitcoins with those things, hold it and sell it.

True, there are a lot of ways to grow our bitcoin and signature campaign is one of them. Bug bounty, logo and signature design are the other good ways but those will require special skills. Trading is also good example on how to increase our bitcoin. Strictly speaking, we can do something that fit with our conditions to collect or to grow our bitcoin. Buying and holding aren't the only way.
Yes surely there are so many ways that can help you to make bitcoin. It is not necessary to have such amount that would be used to buy bitcoin and then hold them for making good profits. These are the better ways too but not the only ways. So like you said here, bounty and bug campaigns are there to get bitcoin. The most important is trading, this has more chances to earn.

I agree about trading. When you spend some time to learn hard about cryptocurrency trading and you develop your emotional control and be patient with your trades, you will have a long way to go and has potential to accumulate more bitcoins than you could ever have with bounty and all of that stuff. Of course, there is really a need to invest in yourself to learn the ins and outs of crypto trading.
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November 21, 2017, 03:28:56 AM
 #208

There are variety of ways to obtain bitcoin. One of the easiest and most convenient is joining campaigns to get paid for. Another is gambling. But you are likewise a newbie. I say it's not worth the risk.

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Delarock
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November 22, 2017, 12:52:00 PM
 #209

Most people are not good tradings, please dont anyone go fooling themselves that they can actually trade without a decent track record of high volume trading.
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November 23, 2017, 10:03:03 AM
 #210

There are variety of ways to obtain bitcoin. One of the easiest and most convenient is joining campaigns to get paid for. Another is gambling. But you are likewise a newbie. I say it's not worth the risk.

I would also like to point out that joining to signature campaign these days is no longer as easy as before. The reason is that there are so many people (especially new to bitcointalk forum) that want to join to signature campaigns - there is a high competition already.

So, my advice for newbies is to only do quality and sensible post in this forum so that when sig campaign managers evaluate your past posts, you will have more chances of getting accepted than people that are posting low quality comments.
aljun107
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November 23, 2017, 10:08:09 AM
 #211

There are still some ways to earn more of it but it will take more risk than holding it.You can try some of the gambling sites that will give you a lot but winning is really hard and you will really need some luck.Still I suggest for you to hold it and wait for the right time.

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November 23, 2017, 10:18:39 AM
 #212

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

Some trade it right away whenever there are quick increase in the market and buy bitcoins whenever there are red market values for bitcoins, I think theses people prefer to trade realtime mostly with a goal to reach every week but mostly investors tend to hold and buy more bitcoins bit by bit and wait patiently then sell all their bitcoins in bulk. 

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November 23, 2017, 10:22:42 AM
 #213

There are still some ways to earn more of it but it will take more risk than holding it.You can try some of the gambling sites that will give you a lot but winning is really hard and you will really need some luck.Still I suggest for you to hold it and wait for the right time.
i think gambling is not recomended for those who want to gain more profite cause gambling is to risky and need such requird amount before you can play . I mean the maximum or minimum deposit before you can go on. And you are right you can win in any gambling site if you are lucky so we cannot speculate if you can gain some profit on it. Maybe yes but slow earning i think. So i suggest keep away on it. There a lot of activities here in forum that you can gain some profit such as sig camp, bounties, social meadia camp like twitter and fb ,  but need required followers . instead of gamlbing. So i suggest to stay active here in forum mate to cope some activities that paying bitcoin.
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November 23, 2017, 10:23:01 AM
 #214

There are a lot of ways to become rich with bitcoin because you can also trade in the market or bet on a casino with it.
There are a lot of options to make bitcoin that is why there are a lot of people investing in it and make a lot of money with it.
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November 23, 2017, 10:24:45 AM
 #215

If you're troubled with mining, you can change your way to trading. If trading is not the best option, there's always this forum that will give you some project campaign to follow or join. In those campaign, if you speculate it right and put investment in their early days. Then, you could get big profit from it  Smiley That's my opinion about your problem #CMIIW

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November 23, 2017, 10:28:58 AM
 #216

Yes it is the only way to actually make something out of it what are you expecting to do with it if you want to make profit you should buy and hold it right? you cannot earn and sell it because that way you will not make any profit at all.
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November 23, 2017, 10:45:13 AM
 #217

Indeed, solo mining right now is not profitable. If you have enough money to buy an antminer, why not study crypto trading and invest your money there? Also you could try lending your bitcoins on exchanges but I think the ROI is not that appealing.

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November 23, 2017, 10:49:00 AM
 #218

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

Join a cloud mine. The more power you have to mine, the more bitcoins you get and you can just divide the profits. It's not a feasible move to mine by yourself because you'll pay for the electricity bill with the little profits you get from mining. I'd recommend you sell your miner, buy bitcoins and hold. That's the best move you can make now.

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November 23, 2017, 11:22:55 AM
 #219

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

Join a cloud mine. The more power you have to mine, the more bitcoins you get and you can just divide the profits. It's not a feasible move to mine by yourself because you'll pay for the electricity bill with the little profits you get from mining. I'd recommend you sell your miner, buy bitcoins and hold. That's the best move you can make now.
No, its wrong that only buying and holding are the only way of earning of bitcoin but make sure that there are many other ways through which you can earn bitcoin like you can work with some signature campagin and can earn bitcoin or you can invest in some projects and can earn bitcoin or also you can do day trading and can earn bitcoin.
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November 23, 2017, 11:32:49 AM
 #220

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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