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Author Topic: How do you play the bitcoin game?  (Read 385 times)
jumpercrypto (OP)
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October 05, 2017, 12:27:50 PM
 #1

Considering the fact that bitcoin value rise and fall, and those empires that dominates bitcoin mining, as an individual who wants to get most out of it considering a very limited resource, what do you think is there that we can do to win?
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October 05, 2017, 12:50:52 PM
 #2

you can not beat or fight them openly,
because they own it(in general),so the only way to win some of it is by using your mind.
find something out there called 'Alternative Coin' or 'Alternative Cryptocurrency'.
try to do some research about what is it and what will happen in the future,and invest some of your money into it.
if you're smart and lucky enough,you will get what you 'want'.
you can not beat them right and tomorrow if you can not change your mindset,you have a limited resource to back you up unlike them.
that is why many people created it and invested some of their money into it,and then offer it to them.


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October 21, 2017, 12:47:41 PM
 #3


You can find some free bitcoin gaming sites and invest profitably, there are many free sites that still earn a bitcoin if you have the time.
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October 21, 2017, 12:49:53 PM
 #4

My strategy is to avoid risk! I do that by not day trading. I invest my money into several coins and I wait a few years to see what happens. This is the best thing with the tiniest risk. And make sure you only invest capital you are ready to lose.
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October 21, 2017, 12:57:28 PM
 #5

My strategy is to avoid risk! I do that by not day trading. I invest my money into several coins and I wait a few years to see what happens. This is the best thing with the tiniest risk. And make sure you only invest capital you are ready to lose.

Yes you are right. Dont put all money in on basket, by spliting we have more change to avoid the risk.
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October 21, 2017, 01:00:41 PM
 #6

buy low, Sell high
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October 21, 2017, 01:01:41 PM
 #7

I live with the alts now. Before, I'd just buy and stack my coins, but it's wiser to check out for the altcoin markets and trade. The proceeds would either be rolled for my current bankroll in alts or be kept in my bitcoin wallet whenever I feel I have gained enough.  Relying your earnings solely to bitcoin, especially if you're late in the game, would somehow be dumb especially since bitcoin price could topple any time unlike trading multiple alts which gives you a failsafe whenever one coin gets destroyed.

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October 21, 2017, 01:06:38 PM
 #8

I am always buying small portions whenever I can and I always practice buying low and selling high most specially when there are price dips and pumps. But nothing will beat hodling your bitcoin because for me it is the way that has the least risk.

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October 21, 2017, 01:09:37 PM
 #9

It looks like patience is the keg tool needed to be successful with this game. Trading is risky but very very inticing and popular to try and make profits

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October 21, 2017, 01:11:07 PM
 #10

Considering the fact that bitcoin value rise and fall, and those empires that dominates bitcoin mining, as an individual who wants to get most out of it considering a very limited resource, what do you think is there that we can do to win?
As of now for a small fish on the Big OCEAN you may start with altcoins. You can't earn alot in the game of bitcoim as of now with small investments. It's more better to trade altcoins to btc to earn alot and try btc to usd if you have some bitcoin.
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October 21, 2017, 01:17:44 PM
 #11

My strategy is to avoid risk! I do that by not day trading. I invest my money into several coins and I wait a few years to see what happens. This is the best thing with the tiniest risk. And make sure you only invest capital you are ready to lose.

every business in my opinion there is certainly a risk, because the risk is a ladder or a trial that prevents a success so live we can pass it or not.
if for bitcoin while playing it also there must be a temptation, still I live even though it is difficult to face though difficult.

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October 21, 2017, 01:39:52 PM
 #12

It's either I use my bitcoins in gambling sites which is quite risky tho or buy when its low then sell when higher. Cycle.

I do read about trading which seem pretty profitable.
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October 21, 2017, 01:50:52 PM
 #13

Life itself a game we have to play. About bitcoin we should not panic we need to give time to see the growth of the invested amount in bitcoin if you want to play safely you should book your profit immediately.

Nothing more as usual buy at low and sell at high.

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October 21, 2017, 11:02:37 PM
 #14

You do not need to want a victory like that, because it will only waste your time. It's better that you continue to collect and learn more about bitcoin especially in terms of mining so you can compete with them. If you already have a lot of capital, knowledge capital and a lot of funds, you will be able to start to be the best among them.

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October 21, 2017, 11:16:25 PM
 #15

I believe that the only way to win the game is to stock bitcoin and do not spend it or sell it. I'm doing it that way because i don't want to regret selling it later. Bitcoin is getting higher slowly and it is expected to keep growing. We all saw the evolution that bitcoin made after china ban. It worth more than 6000$ a piece now and possibly will be more by the new year. Work hard and keep your bitcoin amount to use it in the future.
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October 21, 2017, 11:27:08 PM
 #16

First of all don't be greedy, if you are a greedy person you will have much difficult to achieve your goals on long term with Bitcoins. We as individuals can't compete with empires who have much more power on this world. Try to get maximum as you can buying and keep holding. In some years you will see the results and it will be enough for people who want to develop their lifes, but don't want to be the richest and the most powerful ones...

 
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October 21, 2017, 11:34:15 PM
 #17

First of all don't be greedy, if you are a greedy person you will have much difficult to achieve your goals on long term with Bitcoins. We as individuals can't compete with empires who have much more power on this world. Try to get maximum as you can buying and keep holding. In some years you will see the results and it will be enough for people who want to develop their lifes, but don't want to be the richest and the most powerful ones...

Greed will destroy you. It has led many others to make bad decisions and experience a lot of loss. Because of the price volatility, a lot has engaged in trading. This is profitable however the others that were driven by greed hasincurred some losses because of desperation. Same has happened to those who gamble.

I also just try to maximize by earning some bitcoin and holding it. Patience and discipline will be needed to play this game.

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October 21, 2017, 11:41:09 PM
 #18

First of all don't be greedy, if you are a greedy person you will have much difficult to achieve your goals on long term with Bitcoins. We as individuals can't compete with empires who have much more power on this world. Try to get maximum as you can buying and keep holding. In some years you will see the results and it will be enough for people who want to develop their lifes, but don't want to be the richest and the most powerful ones...

Greed will destroy you. It has led many others to make bad decisions and experience a lot of loss. Because of the price volatility, a lot has engaged in trading. This is profitable however the others that were driven by greed hasincurred some losses because of desperation. Same has happened to those who gamble.

I also just try to maximize by earning some bitcoin and holding it. Patience and discipline will be needed to play this game.

Yes, and I would add Ponzi HYIP investments too... People looking for fast profit, trying to earn 10%-12% interest daily without effort, consequently they lose a lot of money or all their money this way, a total waste of Bitcoins. You have a good point: Patience and discipline are the key to play this game.  Smiley

 
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October 21, 2017, 11:51:28 PM
 #19

It looks like patience is the keg tool needed to be successful with this game. Trading is risky but very very inticing and popular to try and make profits

You're damn right, patience is the name of the game and I think it's evident for all to see through recent history that Bitcoin keeps growing up in value no matter how low it deprecates at some point.
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October 22, 2017, 12:01:17 AM
 #20

we just have to be patient and look for loopholes if we want to beat them but very difficult because they have a lot of money to invest in crypto. The bottom line is do not take too much risk to beat them but think of getting a profit in the future even if just a little because many investors are losing money while investing also means they are wrong in choosing and if we choose correctly to invest our intention a little beat them
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