How can I grow my Crypto Bag without trading - page 2.

Yamifoud

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Quote from: Greatest2020 on October 17, 2021, 08:14:14 AM

Hi everyone,
I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.

I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?

No, don't ver try trading if you don't ready and knowledgeable enough cos you will just lose your money.
I suggest you staking as the best strategy to use while you were still learning about trading. Although it was just a small penny return at least you are still earning and have no time wasted.

Quote

hence I don't want to rush in.

That is right...you need to be patient because learning trading will not happen in just one day but days, weeks, or even months. You will certainly reach your goal in a perfect time, only you need is to keep going and learning.

tvplus006

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To the Moon

Quote from: Greatest2020 on October 17, 2021, 08:14:14 AM

...So, are there ways to increase my bag without Trading?

If you are a good specialist in a certain industry, you can try to get paid for your work in cryptocurrency. If this is not possible, you can convert part of your salary into cryptocurrency and thus become its long-term holder. But this will require knowledge and skills to make the right choice of a coin that has great potential to increase the price.

dbc23

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You could try out Arbitrary trading or staking. Arbitrary trading woukd be more safer since you need to acquire the technique to either trade spot or future trading. In Arbitrary you only take advantage but of the slight difference in price across exchanges then make profit from it. You can also decide to stake or farm your coin

traderethereum

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If you prepare some money to invest in crypto, you buy bitcoin at a current price or buy when the price is getting down, making you have more satoshi's to hold.
By holding your bitcoin in your wallet, you will have a chance to grow your money value in bitcoin day by day but you will also see reducing of your money value if the price is down.
But you do not have to worry because your money value will grow in the future so you will see that your profit will be bigger.
That is one of many ways you can grow your bag without trading and I think that is safe for you and other people who do not learn about bitcoin.

jerry0

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Isn't staking and lending the only way?

Luffygroove

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Ton Together | Save Smart & Win Big

As a newbie, you might ever hear airdrop and bounties or might not. That's a slight of another way to gain some profits in the crypto world aside from trading. Airdrop means you'll get some amount (usually a little amount) of the project's token by doing some easy tasks one time. Meanwhile, bounty means you do some tasks (medium to difficult) to gain those project's tokens (sometimes stable coins or well-known tokens) as rewards. Usually, the tasks need to be done in a long period (a month or more) and the amount of the reward depends on the quantity and quality of your tasks. You can sell your rewards and buy any assets that you want to add your stacks.

Darker45

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Hello, OP!

Your fellow newbie here is suggesting the best thing to do for you to grow your crypto bag without trading.

Quote from: IIrik11 on October 17, 2021, 08:22:02 AM

So, keep buying when you can and as much as you can afford to.

Considering that you are still new to crypto, I advise you to avoid trading, staking, and other risky stuff in the market. I'm not saying avoid it forever. What I'm saying is that these things are not for newbies. If you want to get into them, you have to familiarize the market first. You have to understand its dynamics. Only after understanding it that you could shell out an amount and take risks.

For now, it is better to spend most of your time working and setting aside a portion of it for Bitcoin. If you have vices and all kinds of unnecessary expenses, try to limit them and save the money for Bitcoin. It pays off.

sunsilk

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Aside from buying as what has been the safest of them. There are other things that you can do for adding crypto in your portfolio without trading.

Sell some of your stuff for bitcoin or any crypto you prefer.

Work for someone and offer your skills and ask the person to pay you with bitcoin or any crypto you prefer on your bag.

Taskford

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Quote from: Greatest2020 on October 17, 2021, 08:14:14 AM

Hi everyone,
I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.

I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?

If you are holding I think there's no way you can multiply your holding if you didn't sell what you have in profit and I think the best thing you can do is to add up some capital then buy some coin what you like to hold again. But if you are curious to know on how to trade better read the experiences of the traders here on forum since I'm sure you can learn from what they do and can apply it when you do trades on your own.

Alucard1

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There are a lot of ways to make your bag increase, it wouldn't be hard for you if you have a good amount of capital to start, you can invest in some NFT games and play it, those games are really profitable, such as Axie Infinity, PVU, DPET, actually, to be honest, my earnings in playing Axie Infinity is the highest so far compared on some other crypto activities I am doing.

Looper_U

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$CYBERCASH METAVERSE

Get a job secured and invest 20$ in BTC every day or week depending on your payouts, go for the one that's more convenient for you and see how big your portfolio will become in a year straight

crypt0xmancer

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Depending on your bag and the coins that you can always farm your coins and earn interest by using reputable protocols, if your bag is small dont expect much though, but that is a way to increase your coins in a 'mostly' lower risk way

XUR_TIP

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Find some money first and join IDO through polkastarter platform, you will earn bigger this way because there is nothing close to getting into a coin at presale price, also pull your profits when available and start buying few top coins like BTC and ETH, I add 50$ worth of BTC and ETH every week

aoluain

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Quote from: IIrik11 on October 17, 2021, 08:22:02 AM

I added $100 bitcoin more to my stash yesterday when I received my salary.

And I think that is the only safest way of keep increasing my bitcoin holdings because like you I don't want to lose any by trying trading and/or staking.

I do try and find work online to add more to it but it is almost next to impossible to find good paying work online unless you have incredible skills.

So, keep buying when you can and as much as you can afford to.

Thats it, literally funnel as much FIAT into Bitcoin, If you have a habit of saving
on a weekly or monthly basis in a bank just change to Bitcoin and HODL.

The last thing you want to do is take a risk and lose waht you have because
of lack of experience.

Stack Satoshi's at every dip and be patient.

Build you account here on the forum, it will take a bit of time and you could
get a chance to earn some Satoshi's, again patience is the key.

CryptopreneurBrainboss

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eXch.cx - Automatic crypto Swap Exchange.

Quote from: excro on October 18, 2021, 09:32:50 AM

I use freebitco.in's interest program.

If you deposit 0.0003 Bitcoin minimum, you will earn 4.08% interest yearly, paid daily. So the more Bitcoin you deposit, the more you receive.

Centralized platform aren't the best ways to store your Bitcoin. Any Bitcoin that you don't own the private key isn't your Bitcoin. The ideas of giving others your Bitcoin to recieve daily/weekly/monthly or yearly interest shouldn't be welcomed. All centralized platforms are vulnerable to hacks as they're been operation from a centralized server. Your Bitcoin should only be stored in your private wallet.

In regards to the question been asked, I second the suggestion of just holding. Many of us made that same mistakes when we started, we thought buying altcoins, trading etc were more lucrative than just holding Bitcoin (as it feels boring) not knowing we were making biggest mistakes. The altcoin might give you good ROI today but over a long period of time, they'll just lose value against bitcoin which is typically a waste of time.

Buy Bitcoin and go look for means of acquiring fiats so you can trade them for Bitcoin and stack up your bag because in the nearest future Bitcoin would be a more dominant currency and obviously that'll affect the price positively and you should be on the benefiting end as an early adopter (yes we're still early).

o48o

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Leading Crypto Sports Betting & Casino Platform

Quote from: Coyster on October 17, 2021, 08:25:06 AM

I wouldn't say airdrops, faucets or other ways to earn tiny amounts of Bitcoin cause that is no way to increase your stash as you earn little or nothing from them, and many a times they end up being a scam. If you want to increase the Bitcoins you have, then tbh, the best way is to earn money in RL and use it to buy more Bitcoin, you can adopt a strategy that works for you and maybe buy at intervals as you gradually increase your Bitcoins.

Having said that, another way is you have a skill and can render a service that pays in Bitcoin, that way you get to earn in Bitcoin and can hodl the coins you earn.

Best airdrops you can get is by using/supporting some new tech when it's just starting. As revolutionary tech seems to reward the people who were using it. (Uniswap, Paint, Immutable, etc). Of course it can be waste of time but like in cases of uniswap... Well we all know that went well.

ReiMomo

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Quote from: chance57 on October 18, 2021, 01:21:44 PM

just buy a coin that you truly believe in and hold it for more than a year! easy

Yes, obviously. Whenever you have amount, invest them in best coin that are cheap or costly. We have staking system in many exchanges offering staking option for many coins. If you have already invested on the respective coin, follow the exchanges for more information on the same. Besides these, you can earn crypto currencies like BTC in this forum and hold them as long as you see a reasonable growth.

chance57

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just buy a coin that you truly believe in and hold it for more than a year! easy

Marykeller

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Quote from: Greatest2020 on October 17, 2021, 08:14:14 AM

Hi everyone,
I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.

I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?

What kind of coins are you hodling in your portfolio? Are the coins among the top 100 altcoins on coinmarketcap.com? If they are not you better invest in the top 10 altcoins to see profits in the future. October, November is another bull run season of the year. You better not miss out on the opportunity

ice18

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Just hodl it man, yes you can earn even without trading by just holding your coins and wait for pump in the coming months, I think this is profitable strategy. In a bull market most coins goes parabolic but you need to have target price for you to earn in this market, you have to learn when to sell and have the best profit.

Topic: How can I grow my Crypto Bag without trading - page 2. (Read 471 times)