Post
Topic
Board Economics
Re: Have $20 worth of bitcoin, how to earn more with it?
by
tampazeus
on 18/07/2016, 19:49:14 UTC
try altcoin trading, 20$ btc is enough to start trading altcoin...buy altcoins that are good and sell it to higher price
yeah i think that might be the easiest way of making money with bitcoins as the cryptomarket is unregulated and you can do there nearly whatever you want in my opinion

also you might try making some bitcoin to fiat trading, if you will be lucky it will also allow you to make some decent money in my opinion and that will be really great i think

Yes trading is the best option as it will allow you to make some good profits over a period of time if you can handle  the trades smartly.
It is a good idea, but it requires a lot of time. (Put an an, talk with the seller, wait for the banking wire or meet them in person and finally buy bitcoins again).
I wouldn't do it for 2$, but better be working washing dishes or even asking people 2$ for domestic housework (mow the grass for instance).

OP is holding $20 and not $2, I am not into trading yet but I don't there is any involvement of banks in online trading, you can simply buy and sell coins in fraction of seconds.
We should have patience, if so we can make good profits if price is $20. Just buy coins and if you notice an increase in price sell it off, you can also hold coins for long term so that you can obtain valuable profits.

The best way to play with coins is to buy and sell them on regular intervals to earn regular profits as it would be useless to hold it for a long term as we don't know what will be value tomorrow.