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Author Topic: Is Buying and Holding the only way?  (Read 4289 times)
Batang Hambog
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April 24, 2018, 06:10:42 AM
 #381

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
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
John Joseph Mago
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April 24, 2018, 06:20:44 AM
 #382

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
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
Yeah on cryptoworld there is always a risks iIf you dont take the risk you will not earn just like on investings on Bitcoin investments and other cloud mining that investments is very risky because you dont know Who is the owner of that and Trading is risky too its just like gambling.
Apened
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April 24, 2018, 06:26:08 AM
 #383

Its not the only way, but its the best and easiest way to make profit. If you are new, and you want to trade, you will see that it can be very hard. As a trader, you need a lot of experience. And to get this experience, it need some years, and you have to know the market. So on the beginning its nearly impossible to be a successfull trader. Thats why everybody is recommending to you to hold your coins when you are a newbie. On the beginning i try to trade and make some profit, but i would make more profit if i just hold it.
There are many ways you have only to search it and discover it for yourself because some of the ways are already here you will going to find out what fits for you. You may hold or do some strategy in the market. Having skills doesn't take as long as a years, tou may always learn along the road and its in your own perseverance of learning the things that will help you.
julius caesar
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April 24, 2018, 06:33:09 AM
 #384

I feel that it's definitely better for you to use fiat to exchange BTC if you are just going to buy one antminer to mine. Apart from that, increase your capital to buy a lot more ASIC, that would bring your profit to however much you want but do note that mining difficulty do increase so a constant calculation might not work.

I am very interested to mine and I dont even  know how,but I am willing to learn. Holding and buying is not the only way, I think better to work for Bitcoin even though buying is better cause instant you have some amount to hold but working is kinda useful in terms of you dont have to used you cash to have your own profit, I guess the amount that you can earn is way better in amount.

kloinko1n
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April 24, 2018, 06:40:42 AM
 #385

Maybe it is so. Because the transaction fees are too large, and yet the fees of exchanges must be taken into account
neerajmittaljii
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April 24, 2018, 06:41:25 AM
 #386

Buying and holding bitcoins is not the only way, You can visit the marketplace section and you can offer a service to earn bitcoins. If you have an enough bitcoins you can also try to trade them but you must know how to be a successful trader to fulfill your trading strategies. Smiley
semarmesem195
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April 24, 2018, 07:31:44 AM
 #387

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 your condition is like that, maybe people have said that by following the signature campaign in this forum, you can get Bitcoin. Yes, it's true signature campaign paying with bitcoin, but if you want to quickly collect 1 bitcoin i think you should be in the rank of hero/legendary because the higher the rank in this forum then the higher the pay also. In addition, Trading also includes options that should be tried in addition to signature campaign.

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Chopmoney
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April 24, 2018, 07:51:48 AM
 #388

Buying and holding can be the most ideal idea to earn money through bitcoin. But also, there are some other ways of earning. You can join different campaigns where in they pay you every time you finish a task. You can look for airdrops that gives away tokens and convert it to bitcoin.There's also mining and trading.
Rubble898zaitO
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April 24, 2018, 08:51:58 AM
 #389

Buying bitcoins is tnot the only way if you are looking of ways to earn more coins without shelling out money, you can join and participate on bounties and signature campaigns. You will be able to earn coins once you complete the tasks given to you, mostly it is posting here on the forum using the companies signature like you are advertising it. It is a good source of earning and income as well if you wish to sell your coins.
 
Quicksilver143
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April 24, 2018, 08:58:08 AM
 #390

It is not the only way. You can join a campaign and mine too. That's the other thing I know. You can get a good profit from mining. Otherwise, you really need to invest to buy an expensive mining rig and you should be ready to pay a high electric bill. And here ofcourse at bitcoin talk. Join a campaign. Share your thoughts and knowledge and then you can earn depending on your rank. It might be weekly, monthly, etc.
Corsicoin
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April 24, 2018, 09:08:55 AM
 #391

You get profit if you swim against the current.
Buy when panic is over and sell when panic begins.
Sharp your mindset too...

PilosopongTacio
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April 24, 2018, 09:13:31 AM
 #392

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


Yes, its the easiest way to buy bitcoin if you have fiat money.
But there are other ways even without money to gain bitcoin.
Like joining a bounty campaign. One of the best way to gain bitcoin without any risk at all. The only thing you have yo do is to finish the campaign till the end without violating its rules and regulation.
Now,if you have bitcoin, its a good investment if you buy alt coins and hold it for a while until its value increases.

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Glorypaasa
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April 24, 2018, 09:32:02 AM
 #393

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
More thing we can do about this bitcoin but as far as im using this .this is the best and easiest way to earned bigger money s by buying and holding your until the right time needed .You need to now some strategies to earned bigger money .So you wont be regret.
No Rest Labs
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April 24, 2018, 09:45:07 AM
 #394

HODL is the way we do it. Trading some here and there, but always ending back up in bitcoin.
HiringYou
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April 24, 2018, 09:55:03 AM
 #395

Yes at present this is the best strategy because prices are very low.Just buy new coins and wait for the prices to jump to a height.Try to buy new coins and save them in your wallet.In coming days bitcoin prices will rise.As we can see that price are increasing day by day.Even though the speed is slow but it is a positive sign. So don't loose hope.Try to stay calm and keep on holding your coin and wait for the best opportunity to sell your coins.If it is very easential to sell at this time like if any extreme situations are there then only sell otherwise just buy new coins and hold them untill you see that you will earn a huge profit after selling them.
Muktar
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April 24, 2018, 10:14:00 AM
 #396

yes that's right, when we buy must hold it back to wait for the price in the market to go up, because the one in search is profit Smiley
CryptoCoin8487
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April 24, 2018, 02:10:42 PM
 #397

Maybe you are only using 1 miner that why you earn a small amount of bitcoins. If you have a good capital maybe you  can buy more miner like 10 pcs or more or if you dont have enough money to buy in bitcoin miner try to mine altcoins using GPU and convert to bitcoins.

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April 24, 2018, 02:27:14 PM
 #398

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
Definitely right now ,buy and hold without I have no way.if you can buy before Bitcoin price when have 15k.then now just hold it's the real think. because hold will give you recover your Money.
Omega Weapon
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April 24, 2018, 09:34:17 PM
 #399

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.
While buying and holding is not the only way to get profits it is simply one of the best and one of the easiest because investing in icos is very difficult especially when so many icos do not give to you the profits that you are expecting from them, mining is very costly and gambling is not really a way to make money not only in cryptocurrencies but with any other currency.
elkafee79
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April 24, 2018, 09:37:03 PM
 #400

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

the bitcoin price today is low, I think the right way is buying and holding. if you want get lose alot.
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