Topic: How Do You Make Money With Bitcoin? - page 2. (Read 804 times)
There are two types of people who are making money with bitcoin. The one is a investor and the other one is a trader. Being a investor is easy because you will just buy and hold bitcoins in a long time and it has a medium risks. Being a trader is hard because buying and selling bitcoin is very often and the risks is high. I'm a trader and I making money by buying low and selling high.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
Have no money to buy btc regularly and have no time to properly check the price. Daily trading for BTC is not a good idea as the price itself is not that fluctuative on daily basis.2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
That's what most people would actually do, it does makes sense to actually hold it for like a month or a year. Just look at the price every year, it looks really good. 
Daily trading is good to do, but not really work for everyone. Like me only hold bitcoin for long term because like what people said above me sometime day trading is really give pressure. Make sure to take profit when we can, or maybe always monitoring market is something that still impossible for me to do.
Mostly it depends on the jobs you have, and to be exact, the free time that you have to spend in daily trading. because to earn more in trading, you should have allot of time to scalp and get the most profit in 15 minute market intervals. Or else, you need to have huge amount of investment for a long term hodling of the cryptocurrency that you want.
In some cases, you need to use your skills and talent to conduct freelance jobs that pay bitcoin in return.
Daily trading is good to do, but not really work for everyone. Like me only hold bitcoin for long term because like what people said above me sometime day trading is really give pressure. Make sure to take profit when we can, or maybe always monitoring market is something that still impossible for me to do.
better to ask how did we risk our money to earn bitcoin because thats the reality inside crypto.we can earn yes but also we can lose if we dont use the rightful way of investing here.
never get panic and never expect too much that is what i do to make a profit and luckily?it is effective and also i can manage to wait longer even how many years it take before i satisfied my needs of how much value i want to have.
never get panic and never expect too much that is what i do to make a profit and luckily?it is effective and also i can manage to wait longer even how many years it take before i satisfied my needs of how much value i want to have.
The best way to make a profit with bitcoin is trading daily. If you are an experienced person and have been in this market for a long time, I believe you will easily make a profit from bitcoin every day. Because bitcoin is very volatile and its price can rise or fall rapidly during the day, if you are experienced and have time then this is the best option.
I was a day trader back then but it took a big toll on me spending almost the whole day in front of my computer/cellphone everyday for almost a month, since them I am now a holder of bitcoin for longterm investment. Plus I can't totally focus on bitcoin now so being a holder is my only choice due to some hustles needed to be tackled first.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
Im not a daily trader because I cant stand the pressure that you have to be on time and alert monitoring the market or else you might miss the right timing to buy or sell.2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I prefer to be a long term hodler and been doing this for years already. I have a set target on when to sell then will buy back when the price is in dip. Less stress and headaches for me because I dont need to check often the status of the market.
In the end it depends on our strategy and what we think is the best for us to make profit. But its better to experience become a day trader and a long term holder to see what suits you.
I have a full-time job and I do part-time jobs aside from that, and all my income there goes to my daily expenses. All my savings from my part-time job goes to bitcoin, I try to invest whenever the price drops for long term purposes. I have no luxury of time for trading, that is why I am just investing and holding. I have tried trading and it doesn't work well for me. I also do bounty campaigns in my free time. I maximize my time and grab all the opportunities to earn as much as I can.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
No I am not a daily trader and I dont buy BTC, I earn it.
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I am a holder of bitcoin and for sure in time I will sell it if the value of bitcoin will rise but sometime in case of emergency. Sometime I sell my bitcoin because of emergency purposes. 3- you tell me.
nope if trader, just holding altcoin, reward from ico. and i will hold until the price is good for me. and im have a little bitcoin in pocket, sometimes i convert my alt to bitcoin, because it have big chance to get profit.
knowledge is importance thing you have to survive in this place, sometime people will come and out because they get lose.
knowledge is importance thing you have to survive in this place, sometime people will come and out because they get lose.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
Im not a daily trader because I cant stand the pressure that you have to be on time and alert monitoring the market or else you might miss the right timing to buy or sell.2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I prefer to be a long term hodler and been doing this for years already. I have a set target on when to sell then will buy back when the price is in dip. Less stress and headaches for me because I dont need to check often the status of the market.
In the end it depends on our strategy and what we think is the best for us to make profit. But its better to experience become a day trader and a long term holder to see what suits you.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
Im not a daily trader because I cant stand the pressure that you have to be on time and alert monitoring the market or else you might miss the right timing to buy or sell.2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I prefer to be a long term hodler and been doing this for years already. I have a set target on when to sell then will buy back when the price is in dip. Less stress and headaches for me because I dont need to check often the status of the market.
In the end it depends on our strategy and what we think is the best for us to make profit. But its better to experience become a day trader and a long term holder to see what suits you.
3- you tell me.
keep in mind that making money with bitcoin is not as easy as expected because if we want to do business with bitcoin, of course we must have a lot of knowledge and patience, but I personally for now only trade and invest with altcoin like with ETH because I don't have capital and enough knowledge to invest with bitcoin and I hope in the future I will get a large profit from trading ETH so that I can buy bitcoin.
My ways to earn money with bitcoin is trading bitcoin and some altcoin. Also joining paid campaign which I really earn btc. Way back year 2017 I bought btc I sell some of it, and plan to sell again once price reaches in bull market to earn profit.
I make money with bitcoin by participating on project investment like ICOs and IEOs, some time I joined bounty campaign and airdrop project for earning bitcoin by free way. Many time I invest when bitcoin have lower price and keep holding about one or two months until bitcoin price back to higher, just looking which one the best time for investing in bitcoin.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I am not a trader but I am planning to try it too. There are plenty of ways for you to earn some crypto. Like the most basic one joining some signature campaign or the campaign itself. However, the thing here is that you are earning bitcoin directly. So as for the topic itself, gambling? Like sports betting though it looks like an attempt to lose as well but the income return here doubles depending on your bet the downside here is that it has more greater risk as the chances are 50/50.
Trading is indeed one of my ways to make money, since we have to monitor trading every day. I don't have enough time for that.
So the daily trader does not suit me, another thing is with the BTC holder that suits me better. Because BTC holders only need to
buy coins at a low price and wait until the price rises. Then we can sell the coins to be able to make a profit. And also BTC holders
have a lower risk than daily trading. required by BTC holder is patience, because if we as BTC holders have to wait for the price to rise.
And that we can wait up to a month or even a year in order to enjoy profit.
So the daily trader does not suit me, another thing is with the BTC holder that suits me better. Because BTC holders only need to
buy coins at a low price and wait until the price rises. Then we can sell the coins to be able to make a profit. And also BTC holders
have a lower risk than daily trading. required by BTC holder is patience, because if we as BTC holders have to wait for the price to rise.
And that we can wait up to a month or even a year in order to enjoy profit.
I bought some bitcoins in 2014 which was relatively quite early. From that I sold half of it in 2016 end. Then, I started actively trading in 2017.
In 2017, Bitcoin as well as the altcoins experienced a parabolic price growth. Almost all the traders be it experienced or inexperienced made money out of their trades. I even made 100x on some low cap altcoins. From there my trading journey started. Otherwise I preferred holding instead of swing trades.
Noe, whenever I get time I prefer going for swing trades and that's the main source for earning cryptos for me.
In 2017, Bitcoin as well as the altcoins experienced a parabolic price growth. Almost all the traders be it experienced or inexperienced made money out of their trades. I even made 100x on some low cap altcoins. From there my trading journey started. Otherwise I preferred holding instead of swing trades.
Noe, whenever I get time I prefer going for swing trades and that's the main source for earning cryptos for me.
1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I am not a daily trader because I have no further knowledge to it in order to profit correctly and time to monitor the price daily instead I am a BTC holder for a long term basis as I hold it for years if possible while waiting for the market to recover. 2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
It's not easy to be both therefore I choose to be a BTC holder, I consecutively put all my extra money in BTC then I just wait for the bull run to come and sell it to the price that I like and I do it vice versa.
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