Methods of growing your Bitcoin?

[danherbias07]

Get a part-time job and buy some Bitcoin...?

These threads pop-up so often, it is basically equivalent to any thread on "methods of growing your money" or "how to make money". Get a job, do some work, do whatever.

I love it more like get a full time job then do bitcoin for part time. It will be more easier plus its like just forr an extra income no hassles.

Depends what you mean by "do Bitcoin". Most of the things you do to earn Bitcoin could be done to earn real money as well, it's just that the fact Bitcoin exists may make it a lot easier for you to do some of those things, right?

i mean earning. Yes you got that right. There are so many ways. It really helps when you can finish your job fast enough that you will have a lot of free time to earn satoshis or bits and other business that uses this kind of money to earn.

[SebastianJu]

As I have found myself, there are following methods for earning bitcoins.
1》Mining = Block minings can pay you some huge btc, upto 25 btc for every block mining
2》Faucets = They pay you satoshis, even though they pay so low, they at least pay for doing nothing...
3》Trading = Trading or selling your items through btc can help you make some quick btc
4》 Gambling and games = You can earn small amount of btc through games like casino too..

Mining is only a good way to earn bitcoins in theory. In practise it is not working. You have to pay for the miner and the power cost. And many noobs fall for the theoretical profit of mining over the months... because they don't realise that bitcoin mining has the difficulty. Which means the reward you get in one month is way less in the next already. And this goes on.

Most of the time you will NOT even get your investment back. Not to speak of power costs.

And the worst thing is that the chance is huge that you will lose much more by having bought from a scam company or invested in a scam cloud mining company.

No, mining is not a good way anymore. Especially for private persons.

[harizen]

Only earning around 1/4 of your daily target and sometimes none in a day. Only focusing on bitcoin now and other altcoin are to follow. Well not bad for a trader starters. Because of price volatility I found that it's not easy to just set your prediction without backup basis.

just trying to make a profit every day even if small. yes this time some altcoin being dropped, this may be the effect of the price increase bitcoin

Yes Im trying to get back my investment in clams since I buy that altcoin when it peaks a months ago and now the price is down to almost 40% I think. I found it hard to cover the loss lol.

I do not have any knowledge about tradings and just only for trying, I bought some altcoin by reading some speculations then their prices are down now. Only I can forget that investments, because it is for only my learning activities and I will not do any trade until I learn something about tradings.

You can't really learn deeply about trading if you seldomly do it. Many professional traders today not just making profit by others speculations. By doing some trades everyday they are able to do a self speculation that quite have a reasonable basis. Experience really helps.

[dothebeats]

You can't really learn deeply about trading if you seldomly do it. Many professional traders today not just making profit by others speculations. By doing some trades everyday they are able to do a self speculation that quite have a reasonable basis. Experience really helps.

Yes, and as far as I can remember, there are some good trading simulators out there to get a hook of trading. Also, you don't need to put in a lot of money if you are starting to learn the ropes of trading, a 0.01 deposit is enough for experience.

[Plento]

IMO, leave trading to the pros.  If you think you're going to make money via trading, always remember that people with exceptional experience are in it to make the money off people like you.

[SebastianJu]

IMO, leave trading to the pros.  If you think you're going to make money via trading, always remember that people with exceptional experience are in it to make the money off people like you.

Professionals started as noobs too at one time. Though yes, as a noob you will lose ALL your investment. Not only once.

Because of that start small. Maybe $20. Or start with a demo account.

[Laosai]

As I have found myself, there are following methods for earning bitcoins.....
(1) Mining-- Block minings can pay you some huge btc, upto 25 btc for every block mining
(2) Faucets-- They pay you satoshis, even though they pay so low, they at least pay for doing nothing...
(3) Trading-- Trading or selling your items through btc can help you make some quick btc
(4) Gambling and games-- You can earn small amount of btc through games like casino too..

Duh, you can't  just earn a small amount of btc on casinos, you can earn a big amount that you won't thought you'll have! BUT most likely you'll just lose with gambling, unless you have much luck

[sportfan]

i try basically to get some nice ROI from investment then walkover with half of the ROI in gambling and other half of ROI in  investing again but in higher ROI investments not HYIP(High Yielding Investment Program) which always works like a normal investment plan ...but went on scam after getting some more attraction....

i HAve now 0.05 btc going with 0.1 btc over 1.5 months,,,

[Denker]

I buy old Lego stones(many boxes) sometimes also complete kits cheap on peddlers markets.
At home I sort all the parts/bricks and rebuild all the different fortresses, castles, pirate ships, space stations etc. After that I sell them again at local markets, p2p, or online via shipping. Nice money and a hobby of mine. If I'm out of some special bricks which I need to finish a project I just order them on one of the several online trading places.
Kind of geeky and nerdy I know.

[blackmachinegun]

my method is not on your option 

[danherbias07]

i try basically to get some nice ROI from investment then walkover with half of the ROI in gambling and other half of ROI in  investing again but in higher ROI investments not HYIP(High Yielding Investment Program) which always works like a normal investment plan ...but went on scam after getting some more attraction....

i HAve now 0.05 btc going with 0.1 btc over 1.5 months,,,

For a little earner like me.  .1 btc is a fast pacing method. you got some good talent there sir.  Someday you will have 1 bitcoin in a blink

[MinerHQ]

Gambling can be great if you know anything about sports.

even if you know a lot you'll lose hard at some point. no matter how much knowledge you have regarding sports, it is and will always be gambling.

I think the key is to not bet everything on one bet. Then for sure it is ensured that you will lose everything in the first bet already or at least in one of the following ones.

Though if you bet only one tenth of your value for each bet and you really have an advantage by knowledge then it is harder to lose everything. Though one tenth would mean you would have to have a big advantage already. If you have only an advantage of 5% then this would mean the chance is high that 9 bets, it's still gambling, can lose. You would end up with one tenth to one 5th of your investment. And it would be hard to crawl back from there.

But with proper caution and an advantage you will have the chance.

That correct, it is like investing. One must diversify investment similarly one must bet on many games with small amount to reduce risks.

[danherbias07]

Gambling can be great if you know anything about sports.

even if you know a lot you'll lose hard at some point. no matter how much knowledge you have regarding sports, it is and will always be gambling.

I think the key is to not bet everything on one bet. Then for sure it is ensured that you will lose everything in the first bet already or at least in one of the following ones.

Though if you bet only one tenth of your value for each bet and you really have an advantage by knowledge then it is harder to lose everything. Though one tenth would mean you would have to have a big advantage already. If you have only an advantage of 5% then this would mean the chance is high that 9 bets, it's still gambling, can lose. You would end up with one tenth to one 5th of your investment. And it would be hard to crawl back from there.

But with proper caution and an advantage you will have the chance.

That correct, it is like investing. One must diversify investment similarly one must bet on many games with small amount to reduce risks.

Betting on many? Isnt that more money to gamble and might be more to lose. I dont know man. It is like more scarier than betting on one.

[dothebeats]

Betting on many? Isnt that more money to gamble and might be more to lose. I dont know man. It is like more scarier than betting on one.

Nah, you just split your funds into many portions to minimize the risk you will have in investing. In this way if an investment fails, you still have some to rely on. Never put your eggs in one basket.

[Laosai]

i try basically to get some nice ROI from investment then walkover with half of the ROI in gambling and other half of ROI in  investing again but in higher ROI investments not HYIP(High Yielding Investment Program) which always works like a normal investment plan ...but went on scam after getting some more attraction....

i HAve now 0.05 btc going with 0.1 btc over 1.5 months,,,

Good thing you are slowing things down cuz actually you can double your coins in just weeks on HYIP investing and in an instant with gambling. Keep it up and best of luck to you! Keep in mind that don't be too greedy as you may end up losing all your hard earned coins. That happened to me once on a HYIP

[danherbias07]

Betting on many? Isnt that more money to gamble and might be more to lose. I dont know man. It is like more scarier than betting on one.

Nah, you just split your funds into many portions to minimize the risk you will have in investing. In this way if an investment fails, you still have some to rely on. Never put your eggs in one basket.

oh okay. its like partitioning. So the bad side will only be if more of this portions fails. Thank you for that idea. I might try it in the future

[smith coins]

I think that the best way to grow your bitcoin is by selling them.
In the first place it looks unfamiliar but this is what i learned from my experience.
Buy when the price is cheap and sell when the price is more expensive like today.

[harizen]

I think that the best way to grow your bitcoin is by selling them.
In the first place it looks unfamiliar but this is what i learned from my experience.
Buy when the price is cheap and sell when the price is more expensive like today.

Not really the best way and you can't say the right time when the price is cheap or expensive. This method is all based on self speculation and prediction. Even you read some market analyzations about the upcoming price trend I found it hard to say that today is the expensive price so I will sell it now or this is a lower price so I will buy.

In the current movement of bitcoin price, can you tell if it's better to buy or sell bitcoins now?

[Hellacopter]

I think that the best way to grow your bitcoin is by selling them.
In the first place it looks unfamiliar but this is what i learned from my experience.
Buy when the price is cheap and sell when the price is more expensive like today.

You mean holding Bitcoin, it's not so easy and need real patience and can be risky too
I think holding a part of our Bitcoin can be a method to grow our Bitcoins but also investing in the trusted systems , and even gambling sometimes can be profitable

[harizen]

I think that the best way to grow your bitcoin is by selling them.
In the first place it looks unfamiliar but this is what i learned from my experience.
Buy when the price is cheap and sell when the price is more expensive like today.

You mean holding Bitcoin, it's not so easy and need real patience and can be risky too
I think holding a part of our Bitcoin can be a method to grow our Bitcoins but also investing in the trusted systems , and even gambling sometimes can be profitable

If you are talking to patience then much better to use it for holding purposes than in your own way like investing in "trusted systems" and gambling. If you will take a risk then go with the bright future way and that is by holding.