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Author Topic: Best way to turn 2BTC into 4BTC  (Read 66172 times)
qiwoman2
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April 26, 2015, 05:15:07 AM
 #201

Problem is too many people in crypto come in with the expectations to make fast money and retire within three months..Unless you are an expert trader or very lucky to get into some crypto coin ICO where the dev doesn't run off with your funds then you might just make it..otherwise that kind of expectation is very unlikely in the short term, maybe in the longer term investing in a few assets, then you might just double and make some roi over a few years.


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Lauda
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April 26, 2015, 07:19:07 AM
 #202

Yeah I know it that gambling is not a better to earn bitcoin but still so many people is being attracted to do the gambling and some of them think that this is the fastest way to get your bitcoin altough the risk is high but they still do it. Of course doing it both get a higher risk and it is not a guarantee, but some of them really get money from doing trading and of course they have a big stash of bitcoin so it will be easier for them to get some.

Some of them think like that because they already earn a little bit, altough they are just in lucky and didnt have any basic though
Well yes, but gambling is the wrong way. The house always wins, not the player. I do gamble from time to time for fun. I don't expect profiting from it, not to mention doubling my money.

Problem is too many people in crypto come in with the expectations to make fast money and retire within three months..Unless you are an expert trader or very lucky to get into some crypto coin ICO where the dev doesn't run off with your funds then you might just make it..otherwise that kind of expectation is very unlikely in the short term, maybe in the longer term investing in a few assets, then you might just double and make some roi over a few years.
Those kinds of people are the ones that usually get burned and then they end up making threads and whining how Bitcoin is dying and whatnot. It is quite possible to make fast money but in ideal circumstances.
Such circumstances have only occurred once so far. Buying in Bitcoin and a lot of altcoins in October 2013. One could have increased his holding by a factor of 100 (depends on which altcoins get chosen)  with that combination in November.

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zen2
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April 26, 2015, 08:34:41 AM
 #203

Be the first investing in a ponzi?

Ponzi and any other pyramid schemes you start are good way to make money. Not legal, but good Grin

And don't forget to be one of the first "investors".  Wink Joining a ponzy/pyramid too late can cause you big loss.
But with 2 BTC funds, why not start the own ponzi and use the 2 BTC for the first deposits.  Cool Then you can't lose
it and probably you will your profit back fast.
BrianM
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April 26, 2015, 08:37:24 AM
 #204

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

It is the same as saying:
Hey guys. I currently have a little over 440 USD at my disposal. I was wondering what the safest and best way to flip that into 880 USD, and the 880 USD into 1760 USD, etc.

Aggressor66
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April 26, 2015, 08:55:49 AM
 #205

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

Earn Bitcoins through interest payments by lending them out to a trusted member.
or trading (not recommended for less experienced)

EDIT
Nobody's taking the Ponzi nonsense seriously anymore because it requires 10 minutes of research to see why it's wrong.
It makes you think who's more to blame: scammers or people that fall for these scams!
AtheistAKASaneBrain
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April 28, 2015, 01:55:20 PM
 #206

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

Earn Bitcoins through interest payments by lending them out to a trusted member.
or trading (not recommended for less experienced)

EDIT
Nobody's taking the Ponzi nonsense seriously anymore because it requires 10 minutes of research to see why it's wrong.
It makes you think who's more to blame: scammers or people that fall for these scams!

What stops a trusted member to running away with your money? Plus you never know if the account was recently bought or not. Even if it wasn't, you can't trust it even if the person seems legitimate... i see a problem with lending BTC money, otherwise I would do it.
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April 29, 2015, 12:40:17 PM
 #207

Yeah I know it that gambling is not a better to earn bitcoin but still so many people is being attracted to do the gambling and some of them think that this is the fastest way to get your bitcoin altough the risk is high but they still do it. Of course doing it both get a higher risk and it is not a guarantee, but some of them really get money from doing trading and of course they have a big stash of bitcoin so it will be easier for them to get some.

Some of them think like that because they already earn a little bit, altough they are just in lucky and didnt have any basic though
Well yes, but gambling is the wrong way. The house always wins, not the player. I do gamble from time to time for fun. I don't expect profiting from it, not to mention doubling my money.

I dont think gambling is the wrong way because some people is just addicted to it and you can't stop them not to gamble. And its true that the house at the end is always winning but at least we can try our luck to gambling. May be some people like you didnt expect to get profit from it and it is just for having fun but how do you explain that people using this kind of method for their living? How are they going to pay their living cost?
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April 29, 2015, 04:44:47 PM
 #208

You can gamble all you like, but why not just hold it.

That itself is enough gambling on its own, cause we cant predict the price. So just focus on more of creating your fiat cash flow, then getting to buy more of it with your profits you make.

You can gamble, just depends on which gamble are you going to take: cloudmining still a gamble, due to operators can leave anytime or dice sites which also have an house edge.

or you can just hold, possibly buy more when the price drops again and sell it off at a higher point of time.
BillyBobZorton
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April 29, 2015, 05:37:36 PM
 #209

You can gamble all you like, but why not just hold it.

That itself is enough gambling on its own, cause we cant predict the price. So just focus on more of creating your fiat cash flow, then getting to buy more of it with your profits you make.

You can gamble, just depends on which gamble are you going to take: cloudmining still a gamble, due to operators can leave anytime or dice sites which also have an house edge.

or you can just hold, possibly buy more when the price drops again and sell it off at a higher point of time.

Holding is a good idea, but by doing some gambling (be it by investing in an alt or just direct gambling) you can amass more BTC quicker, before it goes up, which translates in ever bigger gains. I recommend holding at least a couple alts and selling on a good profit.
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April 29, 2015, 07:47:21 PM
 #210

The simplest way is buying new altcoins Smiley x2 profit is easy but it's risk.
Erza
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April 30, 2015, 12:41:37 AM
 #211

The simplest way is buying new altcoins Smiley x2 profit is easy but it's risk.

But buying altcoin the risk is higher than do trading. It more safe that you going to trade. If you want to buy some altcoin its ok but not too much, it will also give you profit easily so nothing to lose, remember not too much
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April 30, 2015, 12:55:56 PM
 #212

The simplest way is buying new altcoins Smiley x2 profit is easy but it's risk.

Yes it is simple but the profit you get will not as much as trading using bitcoin. Ant the risk is higher than do trading with bitcoin so what I do suggest is better convert all your altcoin back to bitcoin and start do trading with bitcoin but its all up to you and the decision is in your hand Grin
cellard
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April 30, 2015, 02:17:53 PM
 #213

The simplest way is buying new altcoins Smiley x2 profit is easy but it's risk.

Yes it is simple but the profit you get will not as much as trading using bitcoin. Ant the risk is higher than do trading with bitcoin so what I do suggest is better convert all your altcoin back to bitcoin and start do trading with bitcoin but its all up to you and the decision is in your hand Grin

The problem is privacy. To trade with FIAT you need to give your credentials (usually involving proof of bill, ID scan and so on) to some exchange that you shouldn't fully trust (we are still on the early days). I dont want my shit being sold to third parties...
so basically the best way to trade BTC anonymously is against other alts.
godlyitems
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May 01, 2015, 11:16:15 AM
 #214

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

It depend how long you want to turn that, is fast or slow. If fast you can try your luck on gambling site like dice and sportsbook. I recommend sportsbook. And its more better for do something with your 2btc in real life than online here. Like try to be open a shop or sell some food or anything.
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May 01, 2015, 11:19:18 AM
Last edit: May 01, 2015, 12:06:16 PM by Sarthak
 #215

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

There is no safest way to do that really! I think a good way would be to use ryan pumper picks!  I heard his picks are good and very profitable Cheesy
Good luck OP! Smiley

Edit: I have the safest way..will PM you later

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May 01, 2015, 11:54:29 AM
Last edit: May 01, 2015, 03:04:56 PM by Amph
 #216

play those games in a gambling site for sport(like jetwin, i'm trying it recently, it seems good enough), usually the odds are in your favor there

and btw for who suggested to hold, well guess what, by holding only you can't double your amount of btc, but only the amount of fiat...
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May 01, 2015, 02:44:49 PM
 #217

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

It depend how long you want to turn that, is fast or slow. If fast you can try your luck on gambling site like dice and sportsbook. I recommend sportsbook. And its more better for do something with your 2btc in real life than online here. Like try to be open a shop or sell some food or anything.


That gambling is the fastest way but its very risky to do that. What shop can you open with 2 btc? I dont think there are some kind of work that need only 2btc. I guess it will me 10btc or more to open 1 shop and with that may be profit will be much
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May 01, 2015, 04:01:35 PM
 #218

You can either either earn in Part time in btc or convert cash earned into btc or hold your btc,or you can go for more riskier exploits such as currency trading,sports betting,all in all just be careful
AtheistAKASaneBrain
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May 01, 2015, 06:26:05 PM
 #219

Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!

It depend how long you want to turn that, is fast or slow. If fast you can try your luck on gambling site like dice and sportsbook. I recommend sportsbook. And its more better for do something with your 2btc in real life than online here. Like try to be open a shop or sell some food or anything.


That gambling is the fastest way but its very risky to do that. What shop can you open with 2 btc? I dont think there are some kind of work that need only 2btc. I guess it will me 10btc or more to open 1 shop and with that may be profit will be much

Well nowadays you don't need much to start a internet business, basically a website and decent SEO, thats all the investment as you can make money with affiliate marketing.
Of course a physical shop will actually cost that 10btc+ investment.
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May 01, 2015, 10:50:20 PM
 #220

Stop suggesting people to gamble in order to double their coins. That's just a horrible advice. You'll always lose in the long run.

Nothing beats Bitcoin trading if you have patience. Buying low and selling high will be the safest way, especially if you understand how markets work.
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