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Author Topic: How to increase bitcoin without trading?  (Read 354 times)
AdolfinWolf
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October 13, 2018, 07:29:51 PM
Last edit: October 13, 2018, 07:42:12 PM by AdolfinWolf
 #21

Someone here mentioned lending.  So this is legit?  So are you guaranteed you get the btc back?  What is the minimum/maximum btc you could lend and how long?  Example let say you have 1 btc you want to lend.  So if you lend 1 btc for a month, how much btc would you get back?  Do people lend a short time like a week or its usually at least a few months?  So if someone lends 1 btc for 6 months, how much btc are they looking back to get?  Most importantly, the other party can't just take your btc and not give it back to you right?  Is it backed by the exchange?  Well what happens if that person who borrows doesn't pay back exchange?

If you're using it with an exchange such as Poloniex, yes, unless Poloniex gets hacked, you will *generally speaking* always get your interest + lended amount back.

The lender will automatically get liquidated if his account exceeds the amount he needs to pay you back.
(Sometimes when the market is in a free-fall, he could be short a bit, since he probably won't be able to liquidate exactly right. but this is pretty rare, and i haven't seen it happen personally. Not that i've used Poloniex's margin trading features excessively, but hey.)

The interest on these services however is extremely low, + i wouldn't trust Poloniex.


Lending on the forum can be quite dangerous, as a lot of users will simply not pay you back and basically sell you their collateral, usually not for what it's actually worth.
I've always looked Argus-eyed at the Lending section, and still wonder how lucrative it really is.


Another option you have is investing in the bankroll of Cryptocurrency casino's. I haven't tried this myself, but it looks pretty ludicrous, which is making me very tempted to try this out in the near future.

See https://bitcointalk.org/index.php?topic=2445163.msg46443989#msg46443989

Might be something you want to look into.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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tim-bc
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October 13, 2018, 07:39:07 PM
 #22

Investing your BTC into crypto casinos or gambling on 0% edge and/or skill-based games are the only ways that you could realistically increase your bankroll without any trading (since you can't do arbitrage or lending as leverage/margin).

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November 07, 2018, 09:33:28 PM
 #23

another option is to sell services related to cryptocurrency for cryptocurrency. it will be very good for sale
Adriano2010
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November 08, 2018, 06:11:14 PM
 #24

Yes there can be others ways to earn bitcoin without trading, by joining signature campaign, by joining bounties, by get some coins which have a masternode and can win from masternode rewards and win bitcoin if price of that coin not drop, or by doing job for bitcoin or just sell something for bitcoin.
Andrew1337
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November 08, 2018, 06:45:52 PM
 #25

The only way you can do that is to put it in a safe ICO but also is dangerous sometimes . I recommend you hold them for a long time at least 2 years and you can make more money
Ciscopro2000
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November 08, 2018, 11:24:58 PM
 #26

Some ways I can think of are mining btc and getting btc from doing some work. 
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November 09, 2018, 03:45:31 PM
 #27

Someone here mentioned lending.  So this is legit?  So are you guaranteed you get the btc back?  What is the minimum/maximum btc you could lend and how long?  Example let say you have 1 btc you want to lend.  So if you lend 1 btc for a month, how much btc would you get back?  Do people lend a short time like a week or its usually at least a few months?  So if someone lends 1 btc for 6 months, how much btc are they looking back to get?  Most importantly, the other party can't just take your btc and not give it back to you right?  Is it backed by the exchange?  Well what happens if that person who borrows doesn't pay back exchange?

If you're using it with an exchange such as Poloniex, yes, unless Poloniex gets hacked, you will *generally speaking* always get your interest + lended amount back.

The lender will automatically get liquidated if his account exceeds the amount he needs to pay you back.
(Sometimes when the market is in a free-fall, he could be short a bit, since he probably won't be able to liquidate exactly right. but this is pretty rare, and i haven't seen it happen personally. Not that i've used Poloniex's margin trading features excessively, but hey.)

The interest on these services however is extremely low, + i wouldn't trust Poloniex.


Lending on the forum can be quite dangerous, as a lot of users will simply not pay you back and basically sell you their collateral, usually not for what it's actually worth.
I've always looked Argus-eyed at the Lending section, and still wonder how lucrative it really is.


Another option you have is investing in the bankroll of Cryptocurrency casino's. I haven't tried this myself, but it looks pretty ludicrous, which is making me very tempted to try this out in the near future.

See https://bitcointalk.org/index.php?topic=2445163.msg46443989#msg46443989

Might be something you want to look into.

I have a tiny stake in yolodice’s bankroll myself. It can go up or down though, you have to remember that...
Adolfin, do you know if there are any guides for p2p lending on polo?  I’m quite interested in it but never fully understand how the system works and the offers seem quite competitive, if you’re not there as soon as they’re posted then they’re usually gone pretty quickly... I think cex.io have a similar p2p lending system and both seem fairly reputable.
HODL2090
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November 09, 2018, 06:37:30 PM
 #28

When you buy and hold bitcoin, and the value increases, you have technically gotten more bitcoin (considering it's precious worth and value increase) without having to trade.

Bounties rarely pay in bitcoin these days, you can get the ICO tokens and flip them for bitcoin.
Gambling; I do not know much about it. Do your research.
And lending, which had already been explained
kubori102
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November 10, 2018, 04:51:27 AM
 #29

Bitcoin mining remains the only way to get btc without investing and trading in the market. But such a long occupation does not contribute to rapid progress.

I think bitcoin mining still has to be invested. You need to invest hardware to dig, pay monthly electricity bills. In short, I think it is hard to find a bitcoin without investing.
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November 10, 2018, 06:22:53 AM
 #30

Some other ways of earning bitcoin without any form of trading could be mining, by putting together a mathematical puzzle you can get bitcoin also you can be part of airdrops or engage in some bounties that pays in bitcoin

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MonicaSteve
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November 10, 2018, 08:37:44 AM
 #31

Without trading, the only way to get bitcoin is mining bitcoin but it is really hard and take much time. I think the best way to increase bitcoin is trading.
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November 10, 2018, 10:01:16 AM
 #32

I don't understnd why people don't think of Bitcoin as money when they ask these questions. All the same rules apply. What would you do if you lent cash to somebody? Would you charge interest, and would you ask for security? Trading is not just the exchange of currencies. If you were short of cash, would you think of selling stuff on Ebay, or some other online sales site?

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