Topic: Bitcoin Earnings - page 3. (Read 1977 times)

Doesnt matter whether we are talking about Bitcoin or not, as long we do make money then this is where people would flock in and wont really be minding about real use case or whatsoever because people would really be that normally be having that kind of approach when it comes to money making. Lets accept to the fact that people would really be that interested on knowing crypto just because of the money making
opportunity that it gives rather than on minding or knowing about its utility on which even myself had put my foot into this market when im still a noob just because i was really that interested on making money wayback where airdrops and faucet things are that popular into those old years on which it do really falls down into the criteria that you are really that interested on making money.
Who doesnt really want to earn money? For sure it is really that the main catalyst on where most people here on crypto space might had really start up.

Doesnt matter which kind of motive or treatment you do have, sooner or later you would really be able to learn up those basics and would really be that able to realize those utility
but still it would really be just that ending up on your second priority because what matter the most is that you could really be able to make money which is something
that someone would really be that focusing into which it isnt really that shocking imho.

  This is very important, if you have to trade it is best to go learn grab the knowledge and concept of trading first before beginning the journey. This is why we have demo account you can practice using the demo account while still doing your own research in finding better way to understand. Learn a strategy of analyzing and stick to it. This will boost you confidence and trust in taking any trade. You wouldn’t even need to wait for signals from any broker or specialist after all this people are just mere human and are prone to mistakes too. Its best you have your own strategy of trading this will improve your trading skill.
   Trading requires consistency to be able to master the craft of trading you need to be consistent. You don’t need much strategy to invest, with just getting the right information and timing you can invest in any crypto project. Investing requires proper and authentic information. Capital is also a keen tool to consider while investing, but then one need to be responsible and not just putting his eggs in one basket.

Trading is still one of the ways we can make huge profits from the market which is completely different from just holding.
Those that are trading in the market tend to make lots of profits from the market if they know how to strategize and utilize strong working strategies to check what price will tend to do or go. We can also make profits from just holding cryptocurrency just like Bitcoin or altcoins that have the potential to do so. We should plan for the best rather than just being a crypto enthusiastic without holding.

We all know Bitcoin is being known with this kind of information. Expecting Bitcoin to be the alternative way to earn passive money and suddenly become successful in life without knowing its real use. Especially newbies, they come and ask for advice, on how to trade, how to invest, how to earn without money, and then make a rush to learn about Bitcoin as they only know it as this is a kind of job where they can earn and disregard any other source of income. They are yet to understand the importance of having a stable source of income than relying solely on Bitcoin.

Your advice is good and I can't even believe that anyone would say they want to rely on Bitcoin alone simply because is capable of earn them money. What if anything unforeseen happens? Even though Bitcoin and its investment are good, one still has to be careful and not rely on it solely, there are times that Bitcoin would have a long-term bearish trend and that could span for years. And as we all know, it's Bitcoin investment that is easy, you can be sure of earnings when you merely HODL it even as you do nothing.

But trading Bitcoin which traders rely upon when the price of the coin is falling is not easy, which is why no one should even dare to believe they can rely on Bitcoin for their only earning means, such action could be bitterly regretted. Come to think of it, I can't for any reason think about that as an able-bodied person, such speaks of laziness, but we see much of it these days where even youths wouldn't want to work but just be spending money. If the source now cut, they become desperate and result in all sorts of bad activities. So, no right-thinking person would rely on investment alone, such a person would work to be active and build a career rather than believing they would sit down always and the money would continue to flow forever.

If you want to have bitcoin so you can hold it before the bitcoin halving comes, the first thing you should do is have a source of income. There are other ways you can have it.

And one of the ways to earn Bitcoin is to have a job. Second,  if you don't have a job, at least you have a side business or at least an online job, even if it's only part-time. Or if you have any skills, you can use them here in the forum, such as graphics design, translation, and others, or you can also participate in bounty airdrops as long as they are legitimate.

You have many options. Like if you want to earn from trading so you should learn fundamentals and learn how to read the chart. And you can take a part in the Trading discussion board and can ask more about trading. When you learn and you want to invest so start with small amount and if you think you are now ready and learnt much so you can invest more.

On the other hand mining is the second option if you want to earn so you should set a mining setup. But now a days Bitcoin mining has many difficulties. And if you want to learn more about mining so you can learn from Mining board.

Third option you should grow your account and try to make constructive posts and try to get more merits and up your rank. When you reach the Full Member rank so in the Services board you can join a campaign and you can get Bitcoin on weekly basis.

So these are some options, select according to your mind.

You are still a newbie so I will advise you to just buy bitcoin first, don't do any trading yet. Learn more about trading first in the Trading Discussion, you can read all the threads that you find interesting there and check the replies of different users on the thread, you can also post your own topic there that's related to trading but you have to be careful as some questions or topics are already created by other users so do some searching on the top right search bar on the topic that you want to talk about to see if there's an answer to your questions or a discussion has been done already about it. Also, you don't have to worry about earning with bitcoin as a newbie, bitcoin is an currency/investment so you can't exactly make money out of bitcoin besides selling it at a higher price than you've bought it.

He or some newbie should not rush to touch trading from the beginning but start investing as you said. But if you think that trading is just about losing or it's just a game of chance then I don't agree with you. I'm also not good at trading but I also make profits from spot trading and that helps me increase my capital significantly.

Trading carries huge risks but that doesn't mean it can't be profitable and everyone loses without a winner. Many people are also making money from it and there are always ways to make money from it. What's important is how we approach it, knowledge, skills, experience...as long as we are determined, we can do it.

We are even doubtful when you are successful in bitcoin can stay away from gambling because at this time you don't have a lot of money difficult to stay away from gambling, especially if you already have a lot of money from the investment results that you run in Bitcoin. In principle, I agree when you have a great desire to learn investment in Bitcoin because this is a way to get financial improvement, but on the other hand I don't believe you be able to get out of gambling when successful in Bitcoin. You must first strengthen yourself in reducing gambling activities and I don't think you have to do with you success in Bitcoin by leaving gambling.

These are two different activities that can be carried out together and who are able to leave one of them only your own intentions and determination. I hope you succeed in Bitcoin and do not make gambling as an excuse because we are all involved in gambling even though we have not succeeded in Bitcoin, but what distinguishes the extent to which we can be responsible for both and if one of them can give a negative effect then leave and take investment as a good way.

I can't claim to be an expert in this field, but I believe I know a little bit about Bitcoin and trading. It is simple to comprehend or comprehend what Bitcoin is.

But learning and comprehending crypto trading is not easy; it demands dedication, drive, willpower, self-control, and discipline, and, most importantly, a passion for it. If you have all of the things I listed, everything will be easy for you since you will understand them right away.

Definity get into BTC but don't just jump right in. First and foremost learn about BTC how it works and how its stored.

Learn about the ins and outs the history and the future about bitcoin before putting all you have into it. Also do stay away from gambling and casinos they are no good for you, you indeed are better off with bitcoin instead of those two bad things.
 

It’s a good move that you want to stop casino and gambling games and put that focus on trading. But like some persons have already said, trading isn’t an easy thing. You have to learn through some strategies and methods to execute profitable trades. But then, how about you simply convert the money you would have used for gambling but into Bitcoin? Maybe every weekend, you use the money to buy BTC. That’s also a good investment too.

If there's an admission that you can't control yourself in gambling and whether you're a good earner, that's a bad situation that you need to consider.

Because even if you do good as a Bitcoin investor or you've managed to earn a decent amount of Bitcoin from your gigs and yet there's the uncontrollable activity you have as a gambler. It's very likely that all of your earnings will be gone.

What you need to do is to is to think that everything can be done for you to earn Bitcoin. Even your salary in local currencies or USD can be converted into Bitcoin.

If you want to shine well in bitcoin then my advice is not to touch trading.
Although we are free to do whatever we want here because this is the right we have but in the end you besides learning about bitcoin you also have to learn about risk management.
Trading the risk is quite large especially for those beginners so instead of us feeling burdened with what we are doing and instead spending the money you have by learning trading then it would be better if you start with Investment.

Even though investing in bitcoin also has risks but in the end this is better than pushing your luck in trading because at least when you are in investment then your risk of losing will be slightly minimized.

I don't completely disagree with you, and you seem to be pointing out one of the reasons why trading is such a bad idea, unless maybe it is built upon investing first.  So what I am suggesting would be to first build up a bitcoin position and then that will inform you better how to play your position.  Yeah, people want short term profits, but it seems that if the BTC price is going down and you are buying BTC, then you just keep buying...and it could take some time before you get into profits in such a way that you are able to trade.. so I guess I am not even considering short-term trading but instead how to play BIGGER swings after you have already built your bitcoin position and then you have strategies to never lose your principle... which surely is one of the issues with any short-term traders.. they put their principle at risk and you say that it is inevitable that they lose, but there are ways to play it so that you do not end up losing, as long as bitcoin keeps going up, and even though that is not guaranteed, it has been a pretty damned great thing to be mostly "in" rather than fucking around with trading it, as if it were a shitcoin...

Now shitcoins are another story.... seem very risky to hold, so surely there are needs for in and out plans, and personally, I believe it is a BIG waste of time to get involved in shitcoins, even if yyou might be able to make money off of them, but people have differing ways of thinking about how they approach bitcoin as compared with other things in the space.. including but not limited to shitcoins.

As a newbie is this your goal here, I asked because I think the first thing you need to do here as a newcomer is to learn more about bitcoin and crypto in general may be with the knowledge you get here you mat find it easy to adapt here and fit in where you really want to be, op, no doubt one can benefit from Bitcoin investment but first of all you should have a means that that can earn from, don't solely depend on Bitcoin alone, instead you should look for something doing earn their and invest what you can afford in the said bitcoin, and again no one will ever tell you that the depend on gambling, the question is, is gambling a career, to me is not, having the mindset of earning quick money from it, even fail most times, so if am to advice you, I will say that you should set your achievable goals, make them your priority, I believe in the long run they will become reality.

Bitcoin can bring us big profits but that doesn't mean we don't need other sources of income. Bitcoin does not provide us with a stable source of income, so it would be unwise to think and rely entirely on bitcoin to have a stable life. For me, investing in bitcoin is really important for our future but daily income from main job will be more important. Because if we don't have daily income from our main job, where will we get the money to invest in bitcoin? Furthermore, methods of making money from the market such as trading and staking are risky and cannot be compared to outside jobs.

Welcome to this forum, you said at the beginning that you want to know a lot about Bitcoin, your interest to know about Bitcoin will help you to know a lot. Here you want to know about trading and investing as well as tips on how to stay away from gambling. First of all, trading or investment is a very important subject, so before trading or investing, there is a need to study a lot about these two subjects. There are several topics about trading and investment in Bitcoin discussion section and trading discussion section. You should read those topics first and read the replies made in those topics. I hope you will have a good idea about investment and trading. Secondly, staying away from gambling is not a very difficult task, if you are satisfied with these activities and the competition of gambling is never interested, then you can definitely stay away from gambling.

I agree and disagree.
I agree with a way of gaining experience by trading. Preventing newbies if they want to start trading will only result to decline their confidence. But prior to do trading, you should learn basic knowledge about trading.

I disagree with the demo account. You won't always win with a demo account, that's why it's a demo, you can try and experiment different methods and finding the best strategy for you. At first, you may fail on actual trading because they might felt differently, but the more you get exposed to trading, you will get in line.