Post
Topic
Board Economics
Re: How to make 17 BTC out of 7 BTC ?
by
wuvdoll
on 17/08/2016, 19:53:16 UTC
Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?

No investment is guaranteed to generate you profits in a short time. The only way is gambling, or trading in BTC or in another currency (but it's basically gambling as well).

Trading is absolutely not gambling, it surely has risk as well but not as much as gambling has, and it is proven that trading needs knowledge and experience which gambling has nothing to do with.
Can you find gamblers who can proudly say that they use their experience of knowledge to make profits with it? You cannot.
But you can find a lot of traders who are earning a living with it and that they can proudly say they are traders.

I completely agree. Gambling requires no knowledge and skill in traditional sense, trading does. But the two things that gambling and trading have in common is that for both you need a bit luck and both caries certain amount of risk.
Also, gambling doesn't give us a chance to withdraw the remaining bet amount while in trading, we can cancel our trades if they are in loss and withdraw the remaining amount.

There are higher chances to win while trading as many experts predict the prices correctly and let us know which currency pair to invest on and even it's the case with bitcoin trading where we can get an idea to buy/sell bitcoins which is not possible with gambling. However, many have managed to double or triple their income with gambling.