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Author Topic: Methods of growing your Bitcoin?  (Read 453412 times)
Falconer
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September 04, 2015, 01:18:12 PM
 #1441

Well I think you dont get the point what I am saying to you Smiley Me, get into gambling because of fun, not for to get rich, which actually there are many ways to get rich beside gambling. I could recommend my family member get into gambling, but whats the purpose for them to do that? And gambling in sport matches doesnt mean I cant enjoy the whole match, it just make me be more enthusiast. I will never feel regret if I lost in a great matches Wink

I completely understand you, i was in your situation few years before.
But i quickly decided to not play anymore these kind of games(gambling)
Seems you have faced many problems by gambling in your past. Well I dont think to get out from gambling since it never ruin my life, but your decision to stop gambling is a great choice. You have chosen best option in your life Wink Good luck

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September 05, 2015, 12:36:49 PM
 #1442

i will just hold my btc and wait for the price to increase. there are more ways to grow your btc but they are too risky for me(e.g. gambling, investing, etc.)

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lorylore
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September 05, 2015, 12:45:34 PM
 #1443

Well I think you dont get the point what I am saying to you Smiley Me, get into gambling because of fun, not for to get rich, which actually there are many ways to get rich beside gambling. I could recommend my family member get into gambling, but whats the purpose for them to do that? And gambling in sport matches doesnt mean I cant enjoy the whole match, it just make me be more enthusiast. I will never feel regret if I lost in a great matches Wink

I completely understand you, i was in your situation few years before.
But i quickly decided to not play anymore these kind of games(gambling)
Seems you have faced many problems by gambling in your past. Well I dont think to get out from gambling since it never ruin my life, but your decision to stop gambling is a great choice. You have chosen best option in your life Wink Good luck

It was a problem itself inside, you think that it doesnt ruin your life
But in fact it does, but slowly and gradually since you understand that.
If you think that I made a good choice then think also for yourself i think you need too Wink
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September 05, 2015, 01:02:43 PM
 #1444

The only thing attractive about gambling is the promise to earn very fast. The odds and math is always against the gambler, and you fall in mind traps kind of "if I have an strategy I will reduce risks and end up winning" then you earn slower, but finish losing if you continue gambling long term.



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September 05, 2015, 04:18:00 PM
 #1445

I don't think there's any safe investment for growing bitcoin. Investing always comes with risk. But if I were asked, I'll just lend it to people I trust with interest to grow my coins. That's more safe than investing imo.
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September 05, 2015, 04:20:58 PM
 #1446

I don't think there's any safe investment for growing bitcoin. Investing always comes with risk. But if I were asked, I'll just lend it to people I trust with interest to grow my coins. That's more safe than investing imo.
Even lending money to people has become dangerous nowadays you can check the subforum and so many defaulted mostly when they give their account as collateral.
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September 05, 2015, 05:03:16 PM
 #1447

Yes, investing is risky. You have to do your work, do your math. Do you weight in the possibility or losing your investment? Is the interest rate worth the risk? How many days it takes to get the investment back? etc.


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September 05, 2015, 05:42:42 PM
 #1448

I don't think there's any safe investment for growing bitcoin. Investing always comes with risk. But if I were asked, I'll just lend it to people I trust with interest to grow my coins. That's more safe than investing imo.

But fortunately it exists...
Do you believe realy that after over 20 years on the net i start to scam people for few satoshi?

Quote
Yes, investing is risky. You have to do your work, do your math. Do you weight in the possibility or losing your investment? Is the interest rate worth the risk? How many days it takes to get the investment back? etc.

Everything is risky...if you cross the road it is risky
It is risky to live because any time you can die...

You can do your math so right you want...if you fall on a scammer you lost all.

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September 05, 2015, 05:55:11 PM
 #1449

The only thing attractive about gambling is the promise to earn very fast. The odds and math is always against the gambler, and you fall in mind traps kind of "if I have an strategy I will reduce risks and end up winning" then you earn slower, but finish losing if you continue gambling long term.




You can grow your bitcoin in gambling, but you have to bet on those who are sure win. Problem with putting your coins on those who will surely win is you will win small. But still it grows Smiley
example is the coming fight of Mayweather.
Would you bet on his opponent of bet on Mayweather. Putting your coins on Mayweather may be a sure win but you will earn a very small amount

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September 05, 2015, 06:01:21 PM
 #1450

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

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September 05, 2015, 06:07:00 PM
 #1451

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

I think the risk started when we trusted using bitcoin. We know that anytime exchange rate maybe up to 280 few hours more it will be 220 but we still keep BTC

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September 05, 2015, 06:46:30 PM
 #1452

I would say buy low and sell high. It's one of the best methods giving that BTC don't plunger totally.

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September 05, 2015, 07:02:46 PM
 #1453

I would say buy low and sell high. It's one of the best methods giving that BTC don't plunger totally.

""I would say buy low and sell high""
this is not a method
this is the result of a good method.

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September 05, 2015, 08:25:58 PM
 #1454

I would say buy low and sell high. It's one of the best methods giving that BTC don't plunger totally.

""I would say buy low and sell high""
this is not a method
this is the result of a good method.

Sometimes when the time is not good it happen "Buy high sell low" and happens when the coin market crashs
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September 05, 2015, 08:27:17 PM
 #1455

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

I think the risk started when we trusted using bitcoin. We know that anytime exchange rate maybe up to 280 few hours more it will be 220 but we still keep BTC

Yeah true but if we compare bitcoin and gambling, there is a vast difference between the two. Gambling soon becomes an addiction but bitcoins don't. Gambling is like you completely lose or completely win (in one trade/bet) while in bitcoin the person gets atleast half of his investment back. If the price falls from $280-$220, he atleast gets $220 back and if he waits, he may even earn profit. In gambling, it's not the case.

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September 05, 2015, 08:41:12 PM
 #1456

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

I think the risk started when we trusted using bitcoin. We know that anytime exchange rate maybe up to 280 few hours more it will be 220 but we still keep BTC

Yeah true but if we compare bitcoin and gambling, there is a vast difference between the two. Gambling soon becomes an addiction but bitcoins don't. Gambling is like you completely lose or completely win (in one trade/bet) while in bitcoin the person gets atleast half of his investment back. If the price falls from $280-$220, he atleast gets $220 back and if he waits, he may even earn profit. In gambling, it's not the case.

It isnt important if it is bitcoin or fiat money, gambling is gambling and the risk is 100% and being addicted is higher risk.
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September 05, 2015, 11:53:22 PM
 #1457

another good way is the casino bonus... or poker betting bonus... not strictly for btc also for $/€ ....
you can earn a good amount with easy task, (likewise actually 0,50 btc with a couple of site)....

then ok you have the same problem....
why not make a sort of list? (quote me and make an add!)

- betting (sport, dice, exchange)
- poker
- trading (binary)
- create a site related to btc (news, faucet, PTC/PTS)
- exchange (btc vs altcoin)
- signature
- buy / selling (virtual and real object)
- buy an activity related or not to btc...
- get a skill or an expertise and try to monetize in btc

This I think that are a first group of idea that you can use and improve for your self.
I give some ideas, maybe some one can "help" more...
A part of a pair things, related to btc, other way to grow your "btc" are the same to grow your money Smiley

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September 06, 2015, 12:22:36 AM
 #1458

I would say buy low and sell high. It's one of the best methods giving that BTC don't plunger totally.

""I would say buy low and sell high""
this is not a method
this is the result of a good method.

I think predicting high or low in trading no one can do it is just a luck so if you buy for long term then you may get a chance to sell at higher but if you do it for day trading then you may end up loosing more.
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September 06, 2015, 03:11:00 AM
 #1459

Maybe invest it on software developments. like website, etc.... but you must first understand some ins and outs of it  Grin

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September 06, 2015, 03:25:24 AM
 #1460

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

I think the risk started when we trusted using bitcoin. We know that anytime exchange rate maybe up to 280 few hours more it will be 220 but we still keep BTC

Yeah true but if we compare bitcoin and gambling, there is a vast difference between the two. Gambling soon becomes an addiction but bitcoins don't. Gambling is like you completely lose or completely win (in one trade/bet) while in bitcoin the person gets atleast half of his investment back. If the price falls from $280-$220, he atleast gets $220 back and if he waits, he may even earn profit. In gambling, it's not the case.

Actually I am addicted to bitcoins now and aren't we all? We are checking the exchange rate of BTC - USD more often than checking the current issues or story about our local currency. Do we post or have a forum about USD, VND, MYR, CNY? Maybe if we are into the business of foreign exchange but we're not, but we are very much concerned about the price of BTC-USD Grin

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