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Author Topic: Road to 1 BTC with 0 fiat investment  (Read 1484 times)
MissionPhailed (OP)
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November 18, 2017, 11:26:08 PM
 #1

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).
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November 19, 2017, 06:29:05 AM
 #2

You didn`t post any proofs about your earnings/holdings,OP.If you really have earned 700$ for 2 months only with your online skills and with cryptocurrencies,this is awesome.It`s very risky to hold all your savings into one altcoin.Maybe it will be better to diversify the risk,by buying other altcoins and btc as soon as possible.
I have around 880 USD worth in bitcoins,365 USD in my paypal and around 300 USD in various tokens and earned them for about one year.I guess i`m not that good as you are. 

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November 19, 2017, 06:48:04 AM
 #3

This is cool and i have to congratulate you in the first place since you are doin well with your bitcoin and i hope that you will achieve all your goals in life. Will wait for your update and keep this up for you to inspire more people here in the forum.
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November 19, 2017, 07:11:40 AM
 #4

this is cool and all but since you are already doing stuff online (all micro jobs with micro payments) and say you don't have any special skills, then why not try and acquire some skills? with those skills you can earn a lot more and then use a much bigger capital for your investments.

in any case i have been using somewhat the same strategy as you. unlike you i started with dumb methods like faucets Cheesy
but my luck was that i started when price started with $400 and went down to $200 so i had a pretty good low start to make larger amount of bitcoin. then entered some of it in trading with small amounts and built it up to bigger amounts.

these days with high bitcoin price it may seem like an impossible task to make that much from trading compare to 2014 but also these days there are A LOT more opportunities for altcoin pumps which were not as much back then in my opinion. these days you can see at least 2 altcoins getting pumped per day and that is possibility of large profit every day.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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November 19, 2017, 07:48:57 AM
 #5

Nice hearing about your journey to 1 BTC. I am curious why do you choose to invest in one altcoin than diversify the risk into a few altcoin?

Good luck and I hope you achieve your target of 1 BTC soon.
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November 19, 2017, 08:31:34 AM
 #6

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).

I don't really care on how's your journey to get your 1 btc. The one that makes me feel high is..
When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).
I convince myself to start put some money to buy waves on exchanges, but I still didn't do anything. I only see the chart and rumours and news about waves. Damn, I have to start make decision like you to get my 1 btc through  waves.

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November 19, 2017, 08:36:57 AM
 #7

This isn't that of a great strategy of your goal is to increase the amount of held BTC. Reason being that all altocins have a high correlation with Bitcoin. When BTC rises, they follow. No alt outperforms BTC bya great margin because of that. 1000$ is now less in BTC than what it was a year ago for example.

Also, instead of investing time into risky penny trading, you could invest some time in actually learning something you can market on the web.

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November 19, 2017, 01:55:17 PM
 #8


Actually its quiet easy to get that goal achieved now a days because so many options are available now to earn the bitcoin. With the campaigns and applying your skills to the bounty programs people are earning more than 100 dollars per day (altogether). This is not just coming out of the thin air but its the truth. The trading of crypto is really helpful when we set ourselves with the big goals like this one. Because they are real potential to grow faster than any other stock market or entity. Just look at the bitcoin how it is growing with the time and your goal could been half way round if you would have invested into it in the middle of this year with your signature and alternative ways of online earring without paying a dime from your bank account. Things are possible we just need to spend lot of time over the crypto world.

 
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November 19, 2017, 04:45:45 PM
 #9

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).

Were proud of your achievements sir. Congratulations in advance on your journey even if it is long way to go to reach your goal. Hard work and dedications pays off. You had a good strategy in growing your money. What altcoin are you holding right now? Its very risky to trade in alt coin nowadays unlike before Sad

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November 19, 2017, 05:21:29 PM
 #10

You have been doing a nice job, i mean, you did not knew anything about how to earn money and you just turned 0 dollars in more than seven hundred dollars, this is a good example for those who really want to make money but doesnt even know how to earn/increase their budget
But the most interesting thing is how did you earned the first hundred, because those were the roots of your entire portfolio at the moment.
And please, stop investing in waves, it is a dead coin, and all the pumps that it has are not more than 5% - 10% and they are only created because of the hype that it has.
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November 19, 2017, 05:31:54 PM
 #11

You didn`t post any proofs about your earnings/holdings,OP.If you really have earned 700$ for 2 months only with your online skills and with cryptocurrencies,this is awesome.It`s very risky to hold all your savings into one altcoin.Maybe it will be better to diversify the risk,by buying other altcoins and btc as soon as possible.
I have around 880 USD worth in bitcoins,365 USD in my paypal and around 300 USD in various tokens and earned them for about one year.I guess i`m not that good as you are. 

It is possible to earn this much in trading if you got lucky, i will be really surprised if he can get whole bitcoin in next 10 months though, as it will be much harder.

And yeah it is risky to put all money into one altcoin, but he explained why he is doing that, if it will work then he will get really nice profit.

 
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November 19, 2017, 05:32:28 PM
 #12

Well, if you made one bold decision in your journey, I would recommend you to make several others. Reason being, I invested in Waves 3 months back and now my investment shrilled to 35% of what I initially invested. Have a look on chart:



It is good you made 75% profits, but I would suggest you to keep rotating your investment among different coins. Sticking to one coin may stagnant your fund or possibly decrease it.
MissionPhailed (OP)
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November 19, 2017, 05:36:26 PM
 #13

Thanks all for your replies! I've placed my online assets in the Waves DEX some weeks ago. A pic:



Besides those 114-something Waves, I've also got a bunch of WavesGo; a token that could pave the road for very fast blockchain transactions in 2018. Putting all assets in just one altcoin is indeed a very risky move and even akin to gambling. If this project fails, I'll be basically thrown back to square one regarding this 'mission'. The roadmap of Waves looks promising though and chances are this thing could eventually moon, resulting in the value of my assets going up as well. Would be nice if this occurs before 2017 ends. At some point, I'd like to allocate at least 50% of my crypto into BTC.

At this point I don't have an additional income online (to be clear, I work fulltime in real-life so I'm not that desperate looking for earnings online). Btw, the first $100 were earned with Google Adsense, articles on Steemit and a sig campaign here on BCT.
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November 19, 2017, 05:39:03 PM
 #14

So I'm not the only one!

I was dreaming to earn at least 1 BTC with 0 fiat investment, this early year I once became captcha worker but I got nothing from it lol
I felt impossible to earn bitcoin in this way, until i met this forum.

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November 19, 2017, 05:39:20 PM
 #15

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).
This is a very nice plan you have put in place but you have to start making provision for raining days. In trading you cannot continue making profits! The reality is that your $700 can turn to be $10,000 before end of this year if wave can get pump  to around $50 and vice versa. I Will also advise traders to minimize lose by diversified They investment to 10 altcoins that are very promising and has large market capitalization.
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November 19, 2017, 08:55:43 PM
 #16

You have been doing a nice work out there, but why waves? i would never put all my funds in there because i dont trust in that project.
I had some waves in the past, and i bought more than 200 when the price was upto $6 each waves, unfortunately, the price started to go down and i sell all of them at $5,50, i was lucky because one month after that the price came below $3,30 each waves.
It was a bad situation for all of us, it is good to see that it is slowly recovering, but be careful because waves can make you lose all your money in just a few days.

Hello
bribed
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November 19, 2017, 09:04:56 PM
 #17

I like that effort and wish you success in gaining your well earned 1BTC. Would you mind to share which micro tasks you did? Not that I want to try the same ones (as 100$ in 2 months is really not that much) but Im interested. On top of all I love WAVES, so from my eyes this was a smart decision of you. Keep on going, you will get that one BTC in the end!
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November 19, 2017, 09:13:35 PM
 #18

You have been doing a nice work out there, but why waves? i would never put all my funds in there because i dont trust in that project.
I had some waves in the past, and i bought more than 200 when the price was upto $6 each waves, unfortunately, the price started to go down and i sell all of them at $5,50, i was lucky because one month after that the price came below $3,30 each waves.
It was a bad situation for all of us, it is good to see that it is slowly recovering, but be careful because waves can make you lose all your money in just a few days.


I dont think that you can blame WAVES for this. You can loose all your money with every coin in just a matter of few days. Even with bitcoin. As you bought waves at a very high price, you expected it to go up, but it didnt so you took an emergency exit (good move by you). But Waves platform has nothing to do with the price. Would you also think that NEO is not good if you bought yesterday at ~0.0060 BTC when the pump happened and today it dips again at around 0.0045 BTC... So see for yourself. Not the coins fault when people buy it high, the market sets the price, not the Project itself.
Sorry for the double post.
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November 19, 2017, 09:23:58 PM
 #19

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).

This is a really awesome project and can really go a long way to inspire many and show that they too can achieve such things. It would be really great for the community if you could include more details as to what it was you did for the initial $100, sort of like a guide. You could really change the lives of many if you give them the confidence to pursue such things, while for many one bitcoin won't be a life changing amount (at least not yet) for others who are less advantaged it can make a huge huge difference.

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November 19, 2017, 09:34:04 PM
 #20

Hi,

In last august I've started a self-imposed challenge; reach 1BTC with zero fiat investments. Trading crypto is potentially a very effective way to increase crypto assets but initially I faced the problem that I didn't have anything to trade with. As the WWW offers many possibilities to earn money, I planned to first scrape some funds here and there from the internet (Google Adsense, paid tasks, etc) and subsequently enter the cryptomarket with the earned amount.

I crossed the threshhold of $100 on the 1st of october. Yes, it took me over a month to earn that small amount of money as I don't have any special capabilities I can utilize on the WWW. As october progressed, I threw those $100 or so on the cryptomarket but also kept earning on various places on the internet. When november began, the total amount had increased to roughly $400 and I made the bold decision to throw it all into one altcoin (Waves).

As we're now past halfway november, the initial amount I put into Waves has grown to over $700. My strategy is quite simple: hold until this altcoin has launched the value of my online assets into the thousands of USD. When this is reality, I'll allocate parts of my funds back into BTC and also in another promising altcoin. The phase I'm currently in is quite risky as I could face a significant setback if Waves decides to nosedive.

I'll update this thread if any major developments occur in my journey towards 1BTC (and perhaps even beyond).

Dont know your age, background and financial situation, but engendering in this kind of project is really smart thing to do.
Makes you work smart, grinding from the bottom to the top, though I would suggest you diversify your portfolio now, so you can have a bit more options in trading.
Good luck, keep the community updated Wink
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