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Author Topic: You own a decent amount of Bitcoin, How would you increase it  (Read 1094 times)
franky1
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October 21, 2019, 06:08:55 PM
 #21

my strategy of day trading is simple
1. dont put all your eggs into on basket
2. dont hodl for *xx% profits. instead use small amounts and take small 1-2% profits repetedly, which add up to be large profits over time

EG
say i had 100btc and wanted to get it to 103btc. i would not put 100btc into an exchange and hope for a 6% rise to sell and then hope it goes back 103% to buy to gain the 103btc.

instead. id take 3btc. and just make 1% profits regularly. most days show more than one oppertunity to do such. thus add it up 1% of 3btc = 0.03btc
0.03btc x 365= 10.95
thus aiming for 1% a day if successful gets you near 11btc more. or if only successful a third of the time still gets you your 3btc extra

next point
aswell as not putting all 100coin in. dont also put the whole 3btc as a single order. this is because if you misjudge one order. you could b waiting for days/weeks to cycle it into profit. by this i mean break it down into 3 allotments of 1btc. that way if you sell it at say $8000 and hop to buy in at 7920(1%).. it may not go down to that, however if you sold 1btc at 8k and put it to buy at 7920 .. if it dont go down. its ok, leave it there.
the price is obviously going up in that instance. so u sell for say 8.2k and aim to buy at 8118. if that does not go down. then you sell at 8.4k aiming to buy a 8.316

not only dos this tactic average ur value of 3btc at 8200 instead of the single order of btc at 8000. but also prevnts a single chance of bing right or wrong and instead gives you 3 chances

which compared to just throwing all 100btc at 8000 and hope to buy in at 7760 which is far worse hope than other buy back prices suggested in this example. its also alot of risk.
but using just 3 btc mitigates risk to just 3%.. then splitting the 3btc into 3 changes mitigates the risk even further.

the key thing is this.. dont be greedy.
dont start to think
if i can take 3btc and turn it into triple in a year why shouldnt i take 100 and triple it
if i can take 3btc and turn it into triple in a year using the 1% cycle method why shouldnt i take 100 and do 5% cycle and 15x it

becaus as i said
1% swings happen alot, giving you many oppertunities.. but not everyone is instant success or guarantee
5% swings dont happen as often, and have longer gaps between their occurrances. meaning less oppertunities
many people can do 6x 1% cycles mor often than 1x5% cycle.
putting it all into one order means you got no back up funds to take other oppertunities while u wait for the first order to cycle
and of course if that first order never cycles. justleave it there. and just cycle the other two repeatedly. and eventually the profits from the 2 will payoff the loss of the first. all while only risking 3%

i personally play with 10 allocations of a low risk amount. i have never and will never use my whole hoard.

separetly. if your not into day trading others have advised, using personal, professional skills to earn money from doing jobs, crating a business, offering services. which is much safer as all your risking is your sweat labour. not your assets

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
gunhell16
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October 21, 2019, 06:09:22 PM
 #22

Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?

Sell high buy low! you will get the number of your Bitcoin increasing in that way.
You can do bounty also to have more coins on your pocket. You can do lending here in the forum as you will get 10-20 percent increase from the amount you let others lend from you! Gambling is not an option as you might lose!



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ChrisPop
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October 21, 2019, 06:13:34 PM
 #23


It is correct, you can make a nice profit with margin trading, but the risk is also great. I read many reddit stories regarding people who lose their money with X10 or even X125 in binance now.

Yeah, man.. The thing is that professional traders rarely use more than 2x leverage, while the retail traders are crazy about using 25x, 50x or even 100x leverage. Leverage is a powerful, two-edged weapon especially in the financial industry. It can bring abundance or it can tear you apart. That's why I always recommend people to first trade without leverage and be sure they understand all the mechanics of margin trading before getting into it.
ILuckyGuyI
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October 21, 2019, 07:11:48 PM
 #24

First and foremost, to HODL your Bitcoin patiently is one of the best things to do in this situation. If you have another job, you can buy more Bitcoin and store it until the price will be way better than this.

R


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Lmaooo
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October 21, 2019, 08:09:05 PM
 #25

Why not start a cryptocurrency trading? take your time to learn about cryptocurrency trading, learn the basics of trading and start small. Once you see you are making profits with trading then you can increase your trading budget. I think crypto trading is the most profitable way to double your investment. if you don't want trading to make money then you should try nexo.io where you can get 8% of your total asset in a year.

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October 21, 2019, 09:26:21 PM
 #26

Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?

I would simply keep my Bitcoin and wait for a big rise in price. Also, I would try to buy more Bitcoin too. This investment thing needs patience. It is always possible to lose money or to make profit. I just want to trust my senses now and I don't think of selling my Bitcoin until I make really good profit. Smiley

Kyraishi
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October 21, 2019, 09:45:56 PM
 #27

Yeah, does look like crowdfunding has died over the last couple of years, and we are stuck in a sort of crypto limbo where there isn't some big thing that grabs all the media attention.

What could be a good investment in my opinion would be some old Bitcoin gambling casinos - bankrolling them specifically. I personally think they are in a great state now with there being no rules/regulations that are being imposed on them, and they are getting to quite a big userbase.

Just make sure you don't dump all your funds in a newish untrusted casino.

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October 21, 2019, 09:51:05 PM
 #28

The problem with letting someone hold your bitcoin is that you no longer are the owner of them. 3% means it will take up to 33 years (less with compounding) to get that same amount again.
During those years if anything happens then you are at a loss. I think to take your time and invest in good projects that have tokens and coins that have a use and reason for investing in. Then you sell when the time is right and increase your bitcoin. You can also work and ask to be paid in btc.
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October 21, 2019, 10:32:45 PM
 #29

You could try lending services that act like a crypto bank. They hold your coins, lend them to people and you get a steady profit. It's risky but always an option.
Sell some of your stuff and buy bitcoin. I always see my friends with a lot of stuff they don't use. Old phones and electronics, scrap metal lying in their backyards, tools they no longer need.

The best answer is always: get a job. Some people told you that already.

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October 22, 2019, 12:19:04 AM
 #30

Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?
For me I would focus on bounty and trading , I know bounty has been down lately since there is so many scam but I think it is worth the risk if you found a good one.
I don't recommend trying those Bitcoin banks unless they are from a trusted company .

DabsPoorVersion
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October 22, 2019, 01:47:32 AM
 #31

Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?
For me I would focus on bounty and trading , I know bounty has been down lately since there is so many scam but I think it is worth the risk if you found a good one.
I don't recommend trying those Bitcoin banks unless they are from a trusted company .
Same goes for me, I'd rather face the risk of sacrificing my time and effort to bounty hunting, It's better for me since I don't have enough earnings to cover more investment in bitcoin. This is the only option I have and I also do not plan to try such bitcoin banks or any staking. If possible, I'd rather go for less risky movements.


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October 22, 2019, 01:59:17 AM
 #32

Do not trust in any company that will control your BTC, NEVER

here in Brazil, almost all companies that to this kind of "investments" are scam

Do the simple, study the market, and do some trade operations, sell at a certain point, wait to price falls, and buy again, do this and you will increase your BTC

It's simple to do, you just have to be patient and be updated with crypto world

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Golftech
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October 22, 2019, 02:14:46 AM
 #33

Do not trust in any company that will control your BTC, NEVER

here in Brazil, almost all companies that to this kind of "investments" are scam

Do the simple, study the market, and do some trade operations, sell at a certain point, wait to price falls, and buy again, do this and you will increase your BTC

It's simple to do, you just have to be patient and be updated with crypto world
If you are going to take it seriously, you need to focus with proper education in trading your bitcoin, it can increase your holdings by pairing it in another crypto coins. Trying to increase in the way of working with your knowledge, exchange is like a wild place where all the participating people
are also aiming with the same outcome, be very careful and never to rush everything.
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October 22, 2019, 02:22:01 AM
 #34

You could try lending services that act like a crypto bank. They hold your coins, lend them to people and you get a steady profit. It's risky but always an option.
Sell some of your stuff and buy bitcoin. I always see my friends with a lot of stuff they don't use. Old phones and electronics, scrap metal lying in their backyards, tools they no longer need.

The best answer is always: get a job. Some people told you that already.
Lending is indeed a good option, I tried it last year than holding BTC and ETH that might take longer time to gain profit, it still somehow like holding since they will return it as BTC or ETH with an interest or when they pay I bought BTC with it. Though I only do small lending here in my place and some in social media as long as they are refered by people I know and strict on date to be paid and its quite beneficial just do check their identity before lending them.



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October 22, 2019, 03:15:06 AM
 #35

Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?
Do trading, in my opinion the best way to increase bitcoin is trading. I don't really believe in an investment place that promises you 3% profit every month, it's the same concept as HYIP. Better to control your own funds for investment, capital or trade, do it yourself because it's your money.

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October 22, 2019, 03:20:59 AM
 #36

Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?

Unfortunately, I lack the trust of investing my bitcoin to a bitcoin bank simply because I got scammed 1-2 years ago with the famous ICO Tech company which promises you for returns of bitcoin after 6 months of investment. I even attended their forum and met with the developers which further increased my trust with the company but sadly, I failed to reimburse the amount that I lost.

To increase my current bitcoins, it is essential to invest, trade, purchase, or gamble with my remaining coins. Obviously, I highly advise the latter as the risks involve are significantly high compared to the formers.
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October 22, 2019, 03:59:25 AM
 #37

Every method to increase comes with a risk. You can day trade but the risks are also high. You can lose parts of your funds and may make you regret even going trading. Best option is to hold for the moment. If you're patient enough or have enough time and money to still pay your needs, it's best to hold since bitcoin would increase in demand as digital currencies are getting more relevant nowadays. Don't mind the price fluctuations, just hold some but don't invest all your funds.



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Rainbot
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October 22, 2019, 04:05:13 AM
 #38

I noticed you didn't mentioned trading. So, I assume you're not into trading or you have yet to engage into trading?

Investing in projects is like putting your money in a dice hoping you get a win/profit out from it. Those legitimate project before in 2016's or 2017's was really making good profit specially if you have purchased during the pre-sale and received bonuses and discounts, but as time passed by, a lot has changed, and a lot of scam projects exist in 2018.

Now, putting your money in the bank roll of the investment companies has the same level of risk as investing in an ICO/IEO. If you have left with no other option, then Hodling will be the best you can do for now.
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October 22, 2019, 04:35:49 AM
 #39

I am not an investor so when I want to increase my Bitcoin I will trade, I like to be a daily trader because I have enough time to control market conditions. I think only by trading you can increase your Bitcoin besides investing in ICO / IEO projects.

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Darker45
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October 22, 2019, 04:50:42 AM
 #40

I have personally tried the following methods to increase my Bitcoins.

  • Buy more Bitcoins. Extra savings, however small, invested into Bitcoin regularly will eventually create a nice increase of your Bitcoins.
  • Trading. But please be careful as this is a risky double-edged sword. I usually resort to safe swing trades.
  • Working for Bitcoin payments.
  • Lending Bitcoin to earn interest in Bitcoin as well.
  • I used to invest in ICOs just like you. I stopped a long time ago. I don't even invest in IEOs. The risks are too high.

Regarding investments that offer 3% annual interest, that sounds too low for me. Take a more careful look at it as it might actually be "maximum of 3%". Avoid it! Don't take it! You HODL ETH, BNB, LTC, XRP, and any top ranked coins in the altcoin market instead and you will get double digit profit in a year. 

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