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Author Topic: You own a decent amount of Bitcoin, How would you increase it  (Read 1085 times)
Asuspawer09
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February 01, 2020, 11:22:14 AM
 #101

So how would you increase your bitcoins?

The value of bitcoin is increasing over time and it is already a great investment but also risky but if you want to have extra income or profit I think you could do:

1. Doing a signature campaign here in the forum could easily make you an extra amount of bitcoin with promoting the signature of a different campaign.
2. Freelancing, there are a lot of freelancer websites that you could visits if you are skilled in multimedia, programming, HTML etc. you could work for bitcoin.
3. Short trading investment in altcoins, if you have knowledge and experience I think you could make 20$ per day in trading altcoins in investing in the short term with buying low and selling high.
4. You could also do gambling if your lucky you could easily earn bitcoin but its a game so it is risky.




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February 01, 2020, 11:45:52 AM
 #102

I will be able to increase the amount of bitcoin that I have with 2 options:
1st, you can try to trade your coin. Do some buy low sell high technique. Sell your coin when the price of it is high and then have some of it when the value of it becomes low.
2nd, try to hold it until the value of it rises up. In that case, you have the control into it. If you are satisfied with the current price, you can now sell it and invest into some other coins.

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February 01, 2020, 12:17:20 PM
 #103

I will be able to increase the amount of bitcoin that I have with 2 options:
1st, you can try to trade your coin. Do some buy low sell high technique. Sell your coin when the price of it is high and then have some of it when the value of it becomes low.
2nd, try to hold it until the value of it rises up. In that case, you have the control into it. If you are satisfied with the current price, you can now sell it and invest into some other coins.

We all know that cryptocurrency is one of the most profitable ways of earning, and many people would like to have some investment so they can make in the future. One of the most popular coins today is bitcoin, and many people got some stake in the previous years, and their hard work got paid today because the price of the currency goes up rapidly and gives a good market value. In earning bitcoin, we have three processes. First is gambling; there are a lot of platforms that support cryptocurrency as payment, and if you want to play some games and make some fun while earning, you can use this. Second is trading this time you are predicting the market price, and it depends on your knowledge and skills on how to read market graphs that can help you towards your profit. Lastly, if you want to play safe and avoid loss of money, you can hold your earnings and wait for the bitcoin goes up again and earn your money. The first and second process is risky, but you can make a profit immediately; it depends on you how you will manage, and if you want to play safe, choose the last option.

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February 01, 2020, 12:49:46 PM
 #104

Trading is the simplest way to make your BTC holding an increase. It may have some risk when you are just a newbie. But yeah, investing has some risk the same with trading, but hearing your story, I think, trading would be the best option for you, you control the risk, and it can be lower if you study and make your trading skills level up. I highly suggest that you should start practicing trading now by a small amount and increase your time as time passes by.



Personally, if I own a decent amount of bitcoin, I would start a business, and of course, I will continue my trades. Business is the no.1 way to increase not just your bitcoin but your overall asset, it can be risky, but if you have a shot, you will be an instant millionaire. So start building your business now if you have a good amount of bitcoin/money.

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February 01, 2020, 12:55:14 PM
 #105

one of my usual jobs is trading the btc / usdt pair, when the bitcoin price goes up of course I will take profits, if the bitcoin price goes down I will keep buying, so I will always increase the amount of bitcoins , because I'm sure the future of their prices will be very high, now just hold as much as possible

This still depends on how much you have.

Unlike you, there are a lot of peope here that can't afford to invest that much. If you can't afford investing a lot then better trade to other cryptocurrencies too not only on Bitcoin. If you have the chance you can just trade that crypto back into Bitcoin.
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February 01, 2020, 01:34:05 PM
 #106

Trading is the simplest way to make your BTC holding an increase. It may have some risk when you are just a newbie. But yeah, investing has some risk the same with trading, but hearing your story, I think, trading would be the best option for you, you control the risk, and it can be lower if you study and make your trading skills level up. I highly suggest that you should start practicing trading now by a small amount and increase your time as time passes by.



Personally, if I own a decent amount of bitcoin, I would start a business, and of course, I will continue my trades. Business is the no.1 way to increase not just your bitcoin but your overall asset, it can be risky, but if you have a shot, you will be an instant millionaire. So start building your business now if you have a good amount of bitcoin/money.
Agree, with a decent amount of bitcoin, we can build a relatively decent business in real life and the owner is us, if we have the full knowledge and mind of an investor, the amount of money we can earn is enormous after that, we can divert a portion of the profits back to bitcoin, more precisely, we return to the crypto market and become a part-time trader. That is the best way to grow bitcoin and not waste anything else, don't let all bitcoin stay in this market for too long, it's too risky and not as safe as a real business

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February 01, 2020, 02:16:00 PM
 #107

Smart and responsible trading can be the best option to increase Bitcoin amount but investing Bitcoin in an investment platform is not a good choice in my point of view because I think most of investment platforms don't pay regularly they left out when their bags filled with huge amount of Bitcoins because it's a part of their strategy.
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February 01, 2020, 02:30:31 PM
 #108

But my question is why do you want to keep increasing your bitcoins? I use bitcoin as a flowing water. It keeps coming and going. I earn money in bitcoins, I earn profits through bitcoins, I sell my bitcoins, I spend money on comforts and this keep on going. What is the fun in holding coins for indefinite period? You may be millionaire one day and may lose 30-40% of your wealth the other day. Ask Chris Larsen about this. He became world's 5th richest person when the price of Ripple crossed $3. But what about present? He's once again out of top 20.

So better keep spending your cryptos rather than accumulating them. Enjoy your life and maintain the decorum of cryptocurrencies as a currency.

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February 02, 2020, 10:43:18 PM
 #109

But my question is why do you want to keep increasing your bitcoins? I use bitcoin as a flowing water. It keeps coming and going. I earn money in bitcoins, I earn profits through bitcoins, I sell my bitcoins, I spend money on comforts and this keep on going. What is the fun in holding coins for indefinite period? You may be millionaire one day and may lose 30-40% of your wealth the other day. Ask Chris Larsen about this. He became world's 5th richest person when the price of Ripple crossed $3. But what about present? He's once again out of top 20.

So better keep spending your cryptos rather than accumulating them. Enjoy your life and maintain the decorum of cryptocurrencies as a currency.

Seriously? You don't see the benefit in holding? Bitcoin's value continues to grow which makes it an ideal thing for long term investment. If you keep spending it you'll miss out on all the potential profit. I had my BTC when it was worth $1 thousand and I had it when it was $20 thousand. This is an insane growth in value and spending wouldn't allow me to profit.

You can lose 30% of your wealth in one day, but only if you buy at the top of the bubble. Don't compare a centralized shitcoin that XRP is to Bitcoin. It's apples and oranges.
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February 02, 2020, 11:06:30 PM
 #110

I believe there's no free lunch in this world.
Any promises of different scam companies are just a beautiful wrapper with a hoax behind.
Personally, I keep my bitcoins, because I know that the price will rise in the future.
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February 03, 2020, 01:37:43 PM
 #111

Define "decent" ... it's all relative. Easiest fastest way is to simply buy more of it.

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February 03, 2020, 04:19:48 PM
 #112

This is the mistake that I did in 2013. At one point, I had close to 70 BTC in my wallets. But I got too greedy, and invested in a few shady schemes. As a result of this, I ended up losing around 50% of my coins. As a result of my losses, I became demotivated and sold a majority of the remaining coins in 2015 and 2016, when the prices were extremely low. If I had held on to my coins, then I would have resigned from my full time job and retired peacefully at some tropical paradise.

Just take my advice. Be satisfied with whatever coins you have in your wallet. If you earn some more from freelancing or airdrops, then good for you. But never fall victim to any ponzi schemes.
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April 25, 2020, 09:48:13 AM
 #113

I'm long time around here , There is a possible way you can profit from Trading . you can make a handsome profit with margin trading . You could do trading if you have enough skills in trading and knowledge about this market place in my opinion , though risk is everywhere .

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April 25, 2020, 11:22:17 AM
 #114

I find claiming so called crypto dividends the easiest and safest way of getting more BTC. In short it goes like this:
You look for airdrops, forks, giveaways, aimed at Bitcoin holders. In the last few years I've claimed BCH, BSV, XLM, BTG, BCA, and many more. I don't know if these will keep coming as frequently as they iused to in 2016-18, but you're not taking a risk by participating and profits can be huge. I believe I got 50% increase in my BTC holdings by converting BCH and BSV.

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April 25, 2020, 11:28:23 AM
 #115

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?
Have you considered trading?
I also don't believe in those crypto banks project and we shouldn't just rely on investing in hype or in trend we should know how to provide for our own needs because we could only lose more if we would just rely on investing.
We should know how to trade so even if there is no hype like IEO or ICO we wouldn't have a problem earning or increasing our Bitcoin.

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April 25, 2020, 11:38:48 AM
 #116

For what I have seen in this years, trading is a risk! and is not for all*
Most of cryptocurrency traders get a negative profit or make very bad moves with fake ICO or the "new bitcoin".

*
Quote
82,31% of retail investore accounts los money when trading CFDs with this provider (Investous)

Best way to grow bitcoin is exchange fiat/cash for bitcoin. Or get payed directly in bitcoin for a job or when selling stuff.

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April 25, 2020, 12:16:20 PM
 #117

Greeting all,

.....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?

Holding your btc won't help you increase it the way you wanted, it will only make it safe for you and if possible increase in value overtime, but if you want to increase btc in satoshi, trading is another way, if you know how or good at it, also lending if you find a legitimate one, Binance is also running a lending program maybe you should check it out and see if it is worth the try, at least you can trust Binance with your investment to some extent unlike other unknown site that can be dangerous.
But I will rather hold

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April 25, 2020, 12:41:39 PM
 #118

Presently, holding BNB is a good way of making profit and increasing bitcoin, also for other top exchange tokens eg Gate, huobi. A fraction of BNB for a period will qualify holders for IEOs, most of the IEOs at listing will give more than 2x. Although the IEOs are less frquent but the most reliable in long time.
Holding ethereum is another way increasing bitcoin, it showed to be very good coin for trading to increase bitcoin since the year begins, just dont be greedy of gain, take regularly at 10-20% pump.

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April 25, 2020, 02:10:42 PM
 #119

Hello everybody. If today I had a large number of bitcoins, I would at least sell half and place purchase orders thirty percent less than the current price. This is a very simple and effective way to increase the number of bitcoins. In connection with a certain crisis in the global economy, it is unlikely that the course will fly to conquer 20,000 USD. It’s more likely to collapse, but the local growth taking place in recent days is really a gift and an opportunity to sell everything and calmly buy later at a lower price.
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May 03, 2020, 12:23:31 PM
 #120

So how would you increase your bitcoins?


Good option:

Step 1.  Get a job.

Step 2. Get paid from employer.

Step 3. Buy bitcoins.

This is the most realistic approach in my opinion but I like to add the fact that while you are saving bitcoin, you can work and use your salary to create another cash flow, remember do not put all your eggs in one basket. On the flipside though, if I have a decent amount of bitcoin then I would put it in a investment and let it work for you, I don't know any better use when you do not want your bitcoin going stale in one place, then letting it be invested in a business or something will help you financially because that would mean that you will get more cash flow with less work.

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