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Author Topic: Just earned my first 9$ in Bitcoin Cash, how can I grow it?  (Read 1825 times)
ronin98 (OP)
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November 29, 2019, 08:07:15 PM
 #1

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
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November 29, 2019, 08:15:26 PM
 #2

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
$9 worth of any crypto is really not much and if the are in an exchange the you are going to pay good amount of fees to withdraw as well. Guessing that you have them in you own wallet and in this case my advise will be to exchange them in Bitcoin if you like too coz this bitcoin cash is not going to last long. Their hash power is dying.

If you are interested in crypto then find a job that pays in crypto or from your regular job why not buy very often. Talking about trading or thing like that ? I will say stay away unless you know the things. You will not need 9 seconds to lose your 9 dollar .

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November 29, 2019, 08:15:42 PM
 #3

First, are you sure you have $9 worth of Bitcoin Cash? This is not the same as Bitcoin so make sure you're looking at the correct exchange rate.

Second, you probably don't want to trade with such a small amount. Withdrawal fees, dust amounts, etc will eat a large part of it. Find a way to earn more. Don't get duped in using "profitable" trading bots. You can't make money with bots unless you know what you're doing well enough. In other words bots can help you do what you can already do well manually, but will not make money on their own.
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November 29, 2019, 08:15:57 PM
 #4

Sell the bitcoin cash and buy the real bitcoin then just hodl, $9 is too small to start trading. Engage in building up your bitcoin portfolio by buying more bitcoin with your spare cash, when the opportunities present it self, consider the $9 to be a building block.

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November 29, 2019, 08:39:35 PM
 #5

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
I would sell it for Bitcoin since cash is failed fork.
Then i would sell it and buy girlfriend ticket to movie theatre.
In the end it would be best investment out there  for such money Wink
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November 29, 2019, 08:50:49 PM
 #6

I don't think 9$ is enough but still its a good start.

I would not recommend you not to go with trading if you don't have any prior knowledge about it, as it is pretty risky too.

I would just wisely suggest you to earn more to invest.
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November 29, 2019, 08:57:01 PM
 #7

Thank you all for your advice.

Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info? I ask these because I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.

And 9$ is a lot in Iran Sad

EDIT: Should I believe people who say cryptocurrencies are scams?
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November 29, 2019, 09:00:43 PM
 #8

$9 worth of any crypto is really not much

Depends realy where he /she lives .
$9 can be realy much in some Countrys , possible thats in some countrys its food for a few days maybe .

But yeah you are right thats not much in the Cryptoworld.

@OP

As others already has written i would exchange it to btc and if you have it on an exchange try to get it to your privat wallet.

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November 29, 2019, 09:01:37 PM
 #9

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

To grow in a short time?

There is no such thing as that. Don't expect an overnight big return in crypto.

Where's your BCH now? If it's already on a trading platform, convert it to BTC (around BTC0.001 at the current rate) then hold it just there (fees concern). You won't feel the profit so you need to harm your precious fiat wallet or find other sources to accumulate more BTC.

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November 29, 2019, 09:02:49 PM
 #10

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
Well first thing i would advise you is to sell off the Bitcoin Cash. It's a forked coin that is going nowhere expect the bottom over time. I would also recommend you to get more ways of accumulating more bitcoin before starting off to trade.

As for bots, you will have to pay subscription in order to use them and it would turn out to be costly for a person like you. Juts teach yourself how to trade and become a self made trader. Youtube can be of help.

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November 29, 2019, 09:03:30 PM
 #11

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

To grow in a short time?

There is no such thing as that. Don't expect an overnight big return in crypto.

Where's your BCH now? If it's already on a trading platform, convert it to BTC (around BTC0.001 at the current rate) then hold it just there (fees concern). You won't feel the profit so you need to harm your precious fiat wallet or find other sources to accumulate more BTC.

It's in the wallet from bitcoin.com.
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November 29, 2019, 09:19:40 PM
 #12

EDIT: Should I believe people who say cryptocurrencies are scams?
FUD. Let the fudders do their job. Crypto in other word bitcoin has past it's 10 years and there was a lot of ups and downs but we are still surviving. From zero dollar value to it went up to over $19k. After the next halving we possibly will see higher than this price. Stay positive.

Quote
Thank you all for your advice.

Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info? I ask these because I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.

And 9$ is a lot in Iran Sad
You can do a simple trade in here with any forum member from Currency Exchange section. There are people who needs bitcoin cash or they perhaps like it. It may take time but eventually you will find someone. Deal with someone trusted so that they do not go away with your money once you send them.

move from bitcoin.com wallet. Who use it?
Download Electrum from here: https://electrum.org/#download
Verify the signature before installing: https://bitcoinelectrum.com/how-to-verify-your-electrum-download/
In the process you will learn a lot, trust in Bitcoin.

Good luck.

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November 29, 2019, 09:43:03 PM
 #13

Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info?
The exchange in my signature should work just fine for this.
But, before doing this, make sure you have a real Bitcoin wallet ready, so you don't end up sending your coins on the wrong chain!

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November 29, 2019, 11:55:10 PM
 #14

... I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.
That's going to be the major hurdle in anything you attempt to achieve with your cryptocurrency Undecided

Growing your coins with such a small amount to start is going to be very difficult... converted to BTC that's around 0.00116100BTC... given a lot of exchanges and sites have withdrawal fees around 0.0005BTC you'll need to grow your amount quite substantially to avoid the losing most of your funds to fees.

One option (although very very VERY risky) would be to simply gamble it Tongue high return, HUGE risk... but again, most of the crypto casinos and gambling sites don't allow users from Iran etc.


Whatever you do, avoid the temptation to try some of the "too good to be true!" type offers that float around on this forum (coin doublers, so-called 'high yield investment programs' aka HYIPs, cloud mining etc).

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MURONDI
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November 30, 2019, 12:24:13 AM
 #15

There is no way to grow your crypto briefly, What's more you only have 9 $, with a capital of $ 9 it takes a long time to get a satisfying profit, there is a way to double crypto, site with a ponzi scheme, or hyip, but such sites usually lead to scams.
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November 30, 2019, 12:31:24 AM
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You are more likely to earn more working in real life than to waste your time trying to make that grow.

Thank you all for your advice.

Is there an easy way to quickly sell it and buy bitcoins without revealing ID's or location info? I ask these because I'm in Iran (after a week of internet blackout) and many platforms require ID's and Iranians are banned and sanctioned almost everywhere.

And 9$ is a lot in Iran Sad

My suggestion is that trade that into paypal. There's a lot of trusted people here who trades paypal to cryptocurrency, you just have to check their reputation first.

EDIT: Should I believe people who say cryptocurrencies are scams?

There's a lot of malicious people here and that's the only thing that you should be afraid of and there's a lot of them to new projects so you should stay away from it. Stick to Bitcoin.

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November 30, 2019, 01:57:55 AM
 #17

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

Congrats on that. But the sad news is that 9$ worth of any coin can't be traded to expect profits. You can either add up to the 9$ so as to be able to trade with it, you can also decide to hold the 9$ BCH for a long term . The choice is yours to make.

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November 30, 2019, 02:09:59 AM
 #18

What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?
There's really not much you can do with that amount, I don't recommend that you invest it in HYIP it's very risky to do that or even gamble that in an online casino, holding that is the only way to grow that Bitcoincash, trading bots are also risky but the decision is yours if you ask me, you could lose that if you engage in these activities.

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November 30, 2019, 02:14:00 AM
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What can I do with this 9$ worth of Bitcoin Cash to make it grow in a short time? Should I trade cryptocurrencies? How about trading bots?

That capital is worthless for trading i think, you should earn more either by just doing airdrops and bounties, but you can learn to trade since right now with a very small capital in case just for practice. Then when you have like 100 usd worth of cryptocurrency you can go to big exchange like binancebto trade there
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November 30, 2019, 02:17:15 AM
 #20

That amount will not sure profit in a short term term but I suggest keep it in paper wallet to secure it. Don't deposit that on any exchange because it will be inconvenient for you, there's a lot offer high withdrawal fees for me your funds is just for transaction fee. You better keep it on a long run, use paper wallet
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