While I may not be the expert on crypto currencies or bitcoin, what I do know is that bitcoin is the internet of money. The value of it may grow or decline over time based on supply and demand (and supply is currently over 16 million bitcoins but less than 17million). So, in order to earn more bitcoin you have to put in some leg work.
Any individual or website that claims to double your bitcoin in XX amount of days are most likely scams. One thing you can always remember about crypto currencies is that when you hold your own private keys to your wallets, you own those cryptos. Whenever you send someone else your cryptos to “grow or double” them you run the risk of never seeing those crypto tokens again. With that said, here are some ways to actually earn more bitcoin or crypto currency:
There are several legit ways to earn more bitcoin. One, you can buy it at an online exchange like Coinbase or Kraken. I have had bad experiences with Coinbase so I would suggest http://bitquick.co to buy and sell bitcoin fairly fast and without waiting for the exchange to approve your account.
The second way to buy bitcoin is through a bitcoin ATM. A simple google search will help you locate a bitcoin ATM anywhere in the world.
A third way to buy bitcoin is through peer-to-peer. If there is someone you know who is willing to meet up with you at safe public place to sell you bitcoin, this can work.
A fourth way to earn bitcoins is to mine them yourself. I’ve heard mixed stories about mining bitcoins and from what hear you have to have some technical expertise. I know for certain you have to know if the cost of mining bitcoins is going to be worth the reward. I’ve heard horror stories about energy bills costing more than the bitcoin itself. Do your research and if you really want to mine bitcoins, good luck.
I still have a lot to learn about crypto currencies. I’ve heard of certain online exchanges who have programs that allow you to “loan” your bitcoins out for professional traders to trade. They will return you with a fixed 1% a day rate and any other profits they make they will keep. 1% day is fairly reasonable. However, I would use caution with programs like this because, again, you never know when an exchange will close your account without notice. This is why it’s important to ONLY buy cryptos that you can possess through a hard wallet like Trezor or a paper wallet.
Your bitcoins are the most secure with your private keys in your possession. So, if you have to use an exchange to trade cryptos, trade in and trade out. Be done and don’t keep any money on exchanges. That is my personal opinion. Again, I am no financial advisor or bitcoin technical expert. However, I’ve done some research and I hope this helps. God bless!
Respectfully,
Handy Ramirez
PS: PM me if you would like to the link to my Quora response