dothebeats (OP)
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Activity: 3640
Merit: 1352
Cashback 15%
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May 20, 2014, 12:55:29 PM |
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Hi guys. I'm fairly new to the world of cryptos. I bought 0.01btc in a local exchange but I do not know how to earn more without buying it. I'm relying to faucets and so far I am satisfied with what I got. But seeing that faucets give small amount of coins, I realized that trading coins is one good way of earning btc. The thing is, I'm not knowledgeable when it comes to that. I am currently studying how the markets move.
It seems risky to trade, but I really want to learn and earn at the same time. Are there other alternatives that I can do to earn some btc? I don't have a computer or a laptop to help me with. I only rely on my tablet. Thanks for those who will answer my question!
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Tedward
Newbie
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Activity: 42
Merit: 0
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May 20, 2014, 01:05:17 PM |
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Trading is very risky. I wouldnt use the little you haveto trade as you could easily lose it.
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hilariousandco
Global Moderator
Legendary
 Online
Activity: 3808
Merit: 2617
Join the world-leading crypto sportsbook NOW!
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May 20, 2014, 01:08:35 PM |
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Hi guys. I'm fairly new to the world of cryptos. I bought 0.01btc in a local exchange but I do not know how to earn more without buying it. I'm relying to faucets and so far I am satisfied with what I got. But seeing that faucets give small amount of coins, I realized that trading coins is one good way of earning btc. The thing is, I'm not knowledgeable when it comes to that. I am currently studying how the markets move.
It seems risky to trade, but I really want to learn and earn at the same time. Are there other alternatives that I can do to earn some btc? I don't have a computer or a laptop to help me with. I only rely on my tablet. Thanks for those who will answer my question!
Faucets are a waste of time, but if you're happy with the amount then I guess there's no problem. As for learning, I'm not sure how you can do that and earn, but I guess if you watch the markets and see where there's money to be made. Once you get a grasp of it you could put some money in, but I'd advise caution. You can always earn money by offering services or selling items here over on the marketplace. There's occasional giveaways in the games and rounds section too. |
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dothebeats (OP)
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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May 20, 2014, 01:13:36 PM |
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Hi guys. I'm fairly new to the world of cryptos. I bought 0.01btc in a local exchange but I do not know how to earn more without buying it. I'm relying to faucets and so far I am satisfied with what I got. But seeing that faucets give small amount of coins, I realized that trading coins is one good way of earning btc. The thing is, I'm not knowledgeable when it comes to that. I am currently studying how the markets move.
It seems risky to trade, but I really want to learn and earn at the same time. Are there other alternatives that I can do to earn some btc? I don't have a computer or a laptop to help me with. I only rely on my tablet. Thanks for those who will answer my question!
Faucets are a waste of time, but if you're happy with the amount then I guess there's no problem. As for learning, I'm not sure how you can do that and earn, but I guess if you watch the markets and see where there's money to be made. Once you get a grasp of it you could put some money in, but I'd advise caution. You can always earn money by offering services or selling items here over on the marketplace. There's occasional giveaways in the games and rounds section too. Yeah. Services. It seems that the only service that I can offer is my signature. But it will take me a month to do that. Thanks! |
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May 20, 2014, 01:17:17 PM |
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It seems risky to trade, but I really want to learn and earn at the same time. Are there other alternatives that I can do to earn some btc? I don't have a computer or a laptop to help me with. I only rely on my tablet. Thanks for those who will answer my question!
I personally wouldn't trade unless you have a firm knowledge about what your doing - it's not easy to predict market movement (more so Bitcoin than most) and usually it's a case of luck rather than cold hard logic. You could try setting up a Bitcoin related website and use the traffic to get some money from advertising if you have any know-how/technical advice to share. On the topic of faucets: Just out of reference - faucets are actually bad if you reuse the address with large inputs later on. If you don't have coin control in your client (only Qt has it) then you won't be able to specify which inputs are going into your transaction meaning that in all likelihood you may be choosing those dust inputs. The problem here is that dust inputs take up space without really adding to the value of the tx so you may have a crap ton of dust inputs meaning you get a nonstandard transaction that either requires a larger fee (usually more than all your dust combined) or you take a long time to get confirmations as some miners don't accept non standard txs.
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hilariousandco
Global Moderator
Legendary
Online
Activity: 3808
Merit: 2617
Join the world-leading crypto sportsbook NOW!
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May 20, 2014, 01:22:28 PM |
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Hi guys. I'm fairly new to the world of cryptos. I bought 0.01btc in a local exchange but I do not know how to earn more without buying it. I'm relying to faucets and so far I am satisfied with what I got. But seeing that faucets give small amount of coins, I realized that trading coins is one good way of earning btc. The thing is, I'm not knowledgeable when it comes to that. I am currently studying how the markets move.
It seems risky to trade, but I really want to learn and earn at the same time. Are there other alternatives that I can do to earn some btc? I don't have a computer or a laptop to help me with. I only rely on my tablet. Thanks for those who will answer my question!
Faucets are a waste of time, but if you're happy with the amount then I guess there's no problem. As for learning, I'm not sure how you can do that and earn, but I guess if you watch the markets and see where there's money to be made. Once you get a grasp of it you could put some money in, but I'd advise caution. You can always earn money by offering services or selling items here over on the marketplace. There's occasional giveaways in the games and rounds section too. Yeah. Services. It seems that the only service that I can offer is my signature. But it will take me a month to do that. Thanks! You don't have to take part in a signature. In the meantime you can offer your services there. Do you have any skills? Coding/web design, languages/translations, could you do online customer service, do you have photoshop skills etc? Take a look around the subforum and see if there's anything you could do. |
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hilariousandco
Global Moderator
Legendary
Online
Activity: 3808
Merit: 2617
Join the world-leading crypto sportsbook NOW!
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May 20, 2014, 01:51:11 PM |
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^^What are you trying to do there exactly?  ^^ Just an FYI: you can't spam you're way through activity points / Membergroups. |
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dothebeats (OP)
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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May 20, 2014, 02:11:23 PM |
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^^What are you trying to do there exactly? ^^ Just an FYI: you can't spam you're way through activity points / Membergroups. Haha. Sorry about that. I'm new to this forums and this is the first time that I use this again. Thanks for noticing! Is it possible to delete that posts of mine? |
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binaryFate
Legendary
Offline
Activity: 1484
Merit: 1003
Still wild and free
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May 20, 2014, 06:13:35 PM |
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To gain (safely) more bitcoins there is no secret, you can (i) buy some or buy mining power, (ii) work and earn them exactly as you would earn fiat.
To gain (crapy) amounts, you can use faucets. A waste of time, unless you live in a very poor country maybe...
To gain (significant but unsafe) amounts, you can trade or gamble.
Keep in mind that there is no magic, bitcoin IS money, you won't get some in significant amount for free. You don't expect to get significant amount of fiat easily don't you?
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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peeveepee
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May 20, 2014, 10:53:05 PM |
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I learn by reading post on bitocintalk forums.
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trader001
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May 20, 2014, 11:16:33 PM |
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First rule should be not to get scammed.
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kooke
Sr. Member
Offline
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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May 20, 2014, 11:37:19 PM |
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Just get a real-life job and use some of the money you earn to buy BTC. You'll probably make more BTC like that than if you offer a service on here, unless you're really good at coding.
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BunsenBurner
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May 21, 2014, 10:27:26 AM |
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To gain (safely) more bitcoins there is no secret, you can (i) buy some or buy mining power, (ii) work and earn them exactly as you would earn fiat.
To gain (crapy) amounts, you can use faucets. A waste of time, unless you live in a very poor country maybe...
To gain (significant but unsafe) amounts, you can trade or gamble.
Keep in mind that there is no magic, bitcoin IS money, you won't get some in significant amount for free. You don't expect to get significant amount of fiat easily don't you?
And to gain (unethical) bitcoin, you can scam others... I am just saying... |
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dothebeats (OP)
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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May 21, 2014, 12:17:04 PM |
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Just get a real-life job and use some of the money you earn to buy BTC. You'll probably make more BTC like that than if you offer a service on here, unless you're really good at coding.
I'm a 4th year hs student and I'm currently working in a summer job that's been offered to us by our government. Yes, maybe I'm better off at buying bitcoins but I'm also looking forward to a great experience that I may gain by doing stuff to earn bitcoins. Anyway, thanks for your advice!  |
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