Post
Topic
Board Bitcoin Discussion
Re: Methods of growing your Bitcoin?
by
bitcoinmasterlord
on 08/08/2015, 11:47:27 UTC
Yes,
Signature Campaign can Earn Better Money Don't Expect to Earn More Money From Signature Campaign You Just Make an Better Money and From trading You Can Have a Chance to Earn Huge Money.


Or a big chance to loose what you have invested.
Trading with alts or Bitcoin assumes you know what you do. And I know a lot of guys here who tried and lost.

My advice is just do what you know about.Don't experiment! If you never traded before then don't do it. Too many sharks out there.
I would safe some of money which I earn in daily life and then just buy some coins.

If you have skills in programming, web design etc offer some services and let you pay in Bitcoin.

Check out your garage and maybe you find some old nice stuff which you can offer in a garage sale or peddlers market.



Trading between btc/usd market isn't a big problem.
Everyone can do so.
It's just simple buy low and sell high.

Big deal is that when people see prices falling, they panic sell their coins to cut the losses.
This is a wrong approach, as when the prices fall we should buy more to get more profit.

Is that working for you? I think one needs to be really cool in order not lose confidence when the price drops. I'm at this situation and bought at 297$. Roll Eyes Yeah i know... and now i wonder if i should trust or sell.

What is your advice?
My advice is that buy some more so that your average buy price comes down to around 290 or a little bit less.
And when you think that you've strike it hard then sell for profit. That's all about making money with trading.

I usually exchange everything. I still hold but i fear that the resistance around 274 will break. I already created a stop buy that will buy nubits at that point. I'm not sure that is the right move.

So you do value averaging or how it is named. I can't do that since i don't trade really, i try to save my investment. Or wait, it is trading. Since i could save my investment by simply holding nubits all the time. It will not go down in value at least.