Post
Topic
Board Economics
Re: How to make money only with BTC
by
Sled
on 20/10/2017, 10:36:57 UTC
I hear many saying they don't mess with altcoins...how do you make money with btc?

Just buy the dips, sell for usd (or other fiat), then buy back in...rinse and repeat?

I'm not talking about long term holding but about how to build up your bitcoin without touching alts.

Thanks


Try to hold in your wallet the bitcoins that you have. Joined signature campaign here in the forum that earns bitcoins and then apply for translation also that earn bitcoins too. There are a lot of things to do that really earns bitcoins, do a research but if you want easy things if you have money buy more bitcoins and hold it for a long time.
Are you sure have profits after hold Bitcoin in long time? No one can be sure that, so you should not to have this thought and put a lot of money to buy Bitcoin and just hold it for a long time and wait the price of Bitcoin increases. Bitcoin is not an asset always increases, it is just a temporary trend.
but at least you can see what is happening at the moment, bitcoin prices rise very high, and those people who have hold a few years getting a very big advantage.
in the long time, it's very likely we benefit from bitcoin.
If we will just be like them and hold bitcoin for a long time like for a few years then we can have the same benefits that they are having  right now and that is the freedom in managing the profit because as you can see that they already made a lot of profit so if we will just hold bitcoin then we can do the same thing like them and that is what motivates me everyday to get more bitcoin and work even harder each and everyday.