Topic: Bitcoin Earnings - page 7. (Read 1405 times)

It's really nice to see that more and more people are getting involved in the crypto space, especially in Bitcoin.

I would suggest starting with a dive into the history of crypto, which began in 1974 with Carf & Kahn's work on TPC/IP. Then, cryptography was born with Diffie & Hellman's 'New Directions of Cryptography' in 1976, and it continued to evolve. When you come across David Chaum's 'Untraceable Electric Mail' from 1981, take a deep look because this is where it all started. It's highly correlated with Satoshi Nakamoto's Bitcoin Whitepaper. Once you read and fully understand the Bitcoin Whitepaper, you'll begin to see some significant things that might happen in the future and how institutions could become interested in it.

Next, I recommend exploring the historical price chart and examining what happened to Bitcoin's price during major events. As for trading, I don't believe in sentiment patterns that many people rely on. Instead, I have faith in trading algorithms because they drive price movements. Why do I think this way? It's because there are instances where you can observe large orders in one direction, but the price doesn't move in that direction. This raises the question: why?

Take your time, jot down all the information, and embark on a journey because you're entering the world of financial markets, where there's so much information that it can overwhelm your thought process.

Your username says all man. I thought you were a freelancer as your username says. You also said that you have eight years of experience in trading. So, why are you asking about it again? Let's say you did not ask about trading but Bitcoin only. Why not start reading the thread from the forum? You have to ask more specific questions like I do not understand what is segwit, I do not understand what is taproot or other things that you do not understand. But when you say you need suggestions, people will give you random suggestions and you will confused about it. Moreover, stop using multiple accounts to create spammy topics.

Since you admitted that you are a newbie in Cryptocurrency I would not recommend that you go straight to trading or make a profit from Bitcoin there are a lot of risks involved and you will be disappointed and discouraged if you find out late that you could lose in trading, start by reading Bitcoin's Whitepaper understand its concept, underlying technology, and the risks.

Once you learn how to transact and secure your funds then you can explore how to earn from trading the most important thing is to take your time and not be in a hurry, opportunities will come when you are ready for it.

Do you want to trade Bitcoin? Do it, take the chance, and gain experience and from there you'll get to understand what's the reaction of others to it.

You seem to have a gambling addiction. Well, going for trades and doing tasks or marketing and getting paid with bitcoin is a good diversion of your interest because that's a common problem of gamblers. But what if you become good in trading and since you're earning well and you back in gambling, that's again like going back to zero as you do.

if you want to earn and get paid in Bitcoin, you can look for freelancing jobs that pays in Bitcoin.  You can also try to learn about Bitcoin technicals such as blockchain technology and get hired by a company that wants to venture into cryptocurrency services.  You can also try to do trades, buy buying and selling goods that accept Bitcoins.  If you want, you can also participate in Bitcoin trading by learning the curves of Bitcoin trading and its economy.

It is also a good step to stay away from gambling if you are unable to control yourself since it can eat up all your hard work if you get hooked on it.

The knowledge alone never give us money at any point,when the knowledge is applied to the practical.Then you can earn from it,even the trader can earn after the apply of their tactics into their trading.Many people was earning the cryptocurrency by the participants of the social media marketing.The trading can be learned using the little capital,So if you had loss the money in the initial stage.The loss will be low,after learning the trading.You can increase the trading amount gradually based on the trading knowledge.

Your investment is your responsibility and all risks that will occur are on your own consciousness.
If someone invites you to start looking at advice from YouTube or other social media that is more informative, it is just a suggestion and should have a filter for the advice.

Although as a beginner, of course, you must also have good standards to follow the advice of others.
Because we are here talking about investment, about money that will be spent on investments that are expected to benefit.

Blaming others for one's own investment is not always justified, because carelessness is personal responsibility.

You are doing it wrong OP, the fact that you did not even took the time to look for ways in which you could improve on your own and learn how to trade is very telling, no one is going to take the time to guide step by step on your journey, you need to start it on your own and then when you find an obstacle you cannot overcome on your own, that is when you ask very specific questions about what you could do to get past them and improve even further.

Ouch! You're right there (both with your point and the below the belt punch you threw me 😏). It's an oversight of mine on this. I thought I dropped the complete gist on how to go about the YouTube thing in this thread but just realized I didn't. Instead, it was in another thread that I did 👇on a similar issue with newbies. My apologies.

---

Again, I think anyone who parts with their cash because a random person is promising them a certain gain or profit should hold themselves responsible for that. They shouldn't blame anyone for their carelessness.

Don't be too excited to make money from crypto and trading is not convenient for you right now so if you want buy some bitcoin and hold then you can now and learn from some talented bitcoin users in return. You should learn about Bitcoin in your own country language and do a lot of research because you may find it difficult to understand from another language. Bitcoin is discussed in almost all languages ​​in this forum so do a search. However as an advice, i can say that trading can be a source of profit for you only when you can believe in your own consciousness.

I would combine the study of theory and practice. This is how I learned to trade myself. After studying some conventional “topic”, for example, a pack of technical indicators, I immediately tried them in practice. Although it is worth noting that this was initially not on a real deposit, which I could easily lose, but with the help of training services that some exchanges offer, for example Binance Academy. There you can trade with an "imaginary" deposit and see how good you are at it.

Yes, that's right, before starting to invest in bitcoin, it's better to learn about bitcoin and how bitcoin works. He must also learn the risks of investing in bitcoin. Even though it looks easy to invest in bitcoin, especially if we look at the price of bitcoin which always hits a new ATH, but to be honest it's not easy, we to have good financial control so we don't panic when the price of bitcoin goes down and it's difficult to return to its previously price.

But I appreciate he intention to trust Bitcoin and try to invest there. That is the right choice and hopefully you can make a profit from bitcoin

I think if you do not know properly about trading then it can be more risky for you as everyone knows that bitcoin is not as easy to manage as people says. Bitcoin is also not easy to buy therefore don't waste your money through trading and marketing and if you are sure to get benefit from bitcoin then hold bitcoin instead of using it for trading.

Once a person is addicted to gambling then he does not have patience to keep bitcoin for longer time because he wants quick achievement which cannot be attain with the help of bitcoin. Bitcoin trading is risky and for newbies it becomes more risky therefore try to avoid trading at start because if you initiate it but don't recognize the situations well then hardly you will know the fact as failure cannot be bear by anyone.

I want to do this sir please tell me some books name then I will buy these books soon I want to study and learn Bitcoin fast.

Learn about bitcoin first before trying to earn it, at least with the basic knowledge about bitcoin. Being profitable on trading comes is the result of the experience on trading, it will take you losses before you can earn a good amount of profit on trading. Earning money from cryptocurrency is not that hard depending on the way you are earning but doing it consistently is the part which makes it difficult.

Why not learn bitcoin and other part of cryptocurrency, and work in real life to make your first investment in cryptocurrency. I believe it's most of us are doing here.

First of all, you need to understand that casinos or gambling games are not ways for someone to earn money, if you've been having that mindset so far, you need to get that out of your mind and if you have already decided to stay away from them, that's a very good decision. If you've been using money on gambling and losing it all, you should start accumulating that money from now on and buy some Bitcoins with it every month and keep that for future.

You should start reading and learning about Bitcoin from every single source you can find after searching "What is Bitcoin?" on Google. Just remember that Bitcoin or cryptocurrencies are not a get-rich-quick scheme so that you don't get scammed by some website promising high returns and taking all you have away.

That's a difficult one that you are facing but looking for a job that pays in Bitcoin is going to be a rough path. They are not considered as a currency for payment yet by most companies so you might want to stick with the normal way of how they will pay you in salary form which is either your currency or in USD if you have an American client, well, some Australians and Canadians do pay the same way too. After you are paid, just direct that money to a reputable exchange and buy Bitcoin.

About the gambling problem. I think what you are doing here is right, try to keep yourself busy in finding work then if you find one, be sure that you won't come back from the bad habit. That's the problem when we start making money, we tend to go back to our bad habits.

No one will pay you to trade, it will be your own capital because it's too risky. You cannot also find someone who will pay to market Bitcoin because it's already popular and the people who buy it are marketing it themselves/ourselves.

I would highly recommend that you learn about bitcoin first before you start getting in to "market trading".  As a financial advisor I can tell you that's you're going to get rekt if you don't understand what you're investing in.  Now maybe I'm wrong and you've been studying bitcoin but you are just getting started wit trading bitcoin..but if not, I highly recommend reading a few books to really understand bitcoin and how the blockchain works.

I see you talked about life and the future. Well if you want tips and suggestions you're going to get a lot from the forum and would probably be confused about which one to pick.

Here's my take, don't rush. You need to first understand that Bitcoin is an asset that you take time to build. If you really want the good life and future you talked about, then probably forget about trading Bitcoin. Trading bitcoin is just capital gain, which you can even lose if you don't study price movements properly. You can trade Altcoins but invest in bitcoin. And for earning, get a job. If gaming and gambling aren't what you want, then just get a job. Save up and buy bitcoins...

Now, if you're not interested in the suggestion above, cause of reasons personal to you then just know, that the basic tips in trading bitcoin are buying high and selling low, studying price movements, getting a reputable exchange platform, understanding that fees are usually charged by platform and some others...

Damn, I didn't expect such an answer from you. With your wisdom, sending a newcomer to YouTube is simply inhumane . Knowing that today YouTube channels are not always run by experienced people, the OP, with his naivety, will calmly fall into some kind of fraudulent business, and you will be to blame for something. OP, you are in the right place. Read slowly and several times what is not clear, but do not split your accounts. This is very noticeable; a newbie who creates a bunch of new topics and fights off gambling with all his hands is double in my eyes. I see your alt, and I already see a lot of spam.