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Author Topic: About to get my first .1 Btc. Now what.  (Read 1551 times)
texaschainsaw54 (OP)
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January 29, 2014, 01:05:41 AM
 #1

Once I get my first .1 Btc, what can I do to get what I have to grow hopefully grow into 1 BTC.
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Cards4Coin
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January 29, 2014, 01:15:25 AM
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If you are asking about how to take the 0.1 you have and somehow earn interest on it there are not really any reliable 'banks' that will just pay you interest to leave your BTC in them.  Your best bet at earning interest on what you already have would be to sign up for a reputable exchange and start playing the market, although that is pretty risky in itself and requires that you follow the price closely.  If you are just trying to store up some BTC as a savings account the easiest way to do that outside of selling some product or service for it is to just buy more of it.
texaschainsaw54 (OP)
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January 29, 2014, 01:23:29 AM
 #3

I'm mostly the type of person that is in this for the fun and maybe get a few $$$ on the side. I can't mine with my laptop so im thinking about playing the market. Maybe investing in some other smaller currency ex. dogecoin because it is worth so little, growing and could easily double. Thoughts, comments?
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January 29, 2014, 01:34:53 AM
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You can skim through this post on alt coins https://bitcointalk.org/index.php?topic=199141.0 but there is a lot of speculation.  LTC is fairly well established and there are many sites accepting it and a few exchanges, but really no one can say if one will take off over the other.  If you want to spend some time trading for fun, I would stick with BTC as the trade volume is high enough you can do many trades in a day and there are well established exchanges out there that you know will not just take your coins and run or 'get hacked' and everyone’s money disappears.  Some of the smaller alt coins have such low trade volume it takes a while for buy and sell orders to go through.
TonyT
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January 29, 2014, 03:51:05 AM
 #5

Once I get my first .1 Btc, what can I do to get what I have to grow hopefully grow into 1 BTC.

It is people like you who are driving the bitcoin market more bullish.  But beware of regulation:  it will doom bitcoin in the long run, but in a way regulation is necessary for bitcoin to become mainstream, if you really want it to be a payment system and not just a black market currency or vehicle for speculation.  Bitcoin = bitcon in the long run! :-)

TonyT

Bitcoin “will eventually be made as a payment system, I think, to follow the same standards as the other payment systems, and that will probably be the end of them,” Dimon said Jan. 23 in an interview on CNBC.

http://www.bloomberg.com/news/2014-01-27/new-york-duels-california-to-write-bitcoin-rules.html

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January 29, 2014, 04:42:00 AM
 #6

I would say just hold onto it for a while, it may be a long-time investment, but it will pay off, literally.

All up to you though!
cz_miner
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January 29, 2014, 08:24:16 AM
 #7

Congratulations on making your first crypt currency. Why not to hold it and make another 0.1 BTC meanwhile?
Sonny
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January 29, 2014, 05:04:42 PM
 #8

Congratulations on making your first crypt currency. Why not to hold it and make another 0.1 BTC meanwhile?

Keep getting more BTC lol.

There is NO easy low-risk way to make 10x profit.
You can earn some BTC by providing services (translation, programming, etc.), which requires skills.
Or, you may spend your btc in gambling sites for a huge win, which is very risky and you should not bet anything you cannot afford to lose.
Asmegin
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January 29, 2014, 07:04:35 PM
 #9

I agree with others when they say GET MORE.

You could wait until DOGE drops and try to jump in, but you might be wrong and lose everything.

What I did is sell things on Craigslist and advertise "Will take BTC". I sold my Oculus Rift within hours!
minerfool
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January 29, 2014, 07:12:55 PM
 #10

To grow it faster invest in an alt-coin, as they will have greater percentage of returns...

I like QRK, DOGE, WDC

MakeBelieve
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January 29, 2014, 07:15:30 PM
 #11

The way you got that 0.1 do it another 10 times.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
tertius993
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January 29, 2014, 08:20:35 PM
 #12

The way you got that 0.1 do it another 10 times.

Nine more times would be enough I think ... Wink
boumalo
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January 29, 2014, 08:23:24 PM
 #13

Rent your Signature (There is a list of websites that rent the signature here : https://bitcointalk.org/index.php?topic=333916.0), you could also work for bitcoins, rent your forum signature, book a hotel with pointshound (i dt have any relation to this website), sell something for bitcoins

Or you could just buy them on localbitcoins or get verified on an exchange and buy some there

If you want to go the faucet route, try this one : http://freebitco.in/?r=163799 (referral link) or freebitco.in (non referral link)

texaschainsaw54 (OP)
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January 29, 2014, 09:33:51 PM
 #14

Rent your Signature (There is a list of websites that rent the signature here : https://bitcointalk.org/index.php?topic=333916.0), you could also work for bitcoins, rent your forum signature, book a hotel with pointshound (i dt have any relation to this website), sell something for bitcoins

Or you could just buy them on localbitcoins or get verified on an exchange and buy some there

If you want to go the faucet route, try this one : http://freebitco.in/?r=163799 (referral link) or freebitco.in (non referral link)

Thanks to all that have replied!!! Got some great things to think about. And actually that is the site I used, I got 6 people referred that actually maintained and used the site and I got lucky many times. Ex. I got .000225 just from luck like 45 minutes ago.

Thank you all!
bitgeek
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January 29, 2014, 10:19:32 PM
 #15

HODL!


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Kiki112
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January 29, 2014, 11:10:25 PM
 #16

rent out your signature, earn bitcoins Wink

it's not neccesary to do all this what other people said, you can earn some quite of bitcoins from your signature Smiley

Sonny
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January 30, 2014, 01:09:04 PM
 #17

The way you got that 0.1 do it another 10 times.

Nine more times would be enough I think ... Wink

lol. You are right, MakeBelieve, I think  Wink
Timerondsc
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February 27, 2014, 08:22:12 AM
 #18

How did you get your first one? Just keep on that way Wink
vnvizow
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February 27, 2014, 08:27:40 AM
 #19

Keep earning and once another price spike comes sell it and wait for the price to fall so you can buy more  Grin
dx5
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February 27, 2014, 08:30:48 AM
 #20

I honestly think that you should hold your .1 BTC and wait until Nem coin is launched. I really think it's going to be big, based on the price history of NXT. Many of the people who worked on NXT are the one developing and promoting Nem, but unlike NXT which had 70 original stakeholders, Nem is going to have like 3,000 original stakeholders, most from this site, and many new blood. So based on the NXTs history and the large community I think this is going to be a top coin. Top ten on coinmarketcap.com
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