How Do You Make Money With Bitcoin? - page 5.

Oasisman

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Activity: 2716

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Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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.

Number 1 and 2 are the most easiest way to earn Bitcoin, though there's still a lot of method to earn more like investing in IEO/ICO, casino bankroll, gambling, and the list goes on, but these methods has a high-level of risk.
If you know how to deal with investment businesses in crypto space pretty well, then I think the level of risk may lessen a little bit. Nevertheless, any kind of method doesn't automatically guarantee a return.

Genemind

sr. member

Activity: 1596

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There are lots of ways to earn Bitcoin here but I'm not doing day trading. I'm into long term investment which I find more profitable when the market situation gets better in time. We can do day trading and long term investing depending on our skills and on how we deal with the market. Both would be profitable if we'll take every dip and dump as an opportunity to earn.

julius caesar

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★Bitvest.io★ Play Plinko or Invest!

I am not a bitcoin trader. What I do is to join some weekly campaign here and by that way, I started to earn bitcoin. After getting my salary, I just hold it and wait for its price that suits may preferences and sell it. In that case, I will earn a good amount of money by just holding and joining weekly campaigns here.

angrybirdy

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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, basically day trading requires a lot of time and monitoring the market is a must. I don't have that kind of free time since I am currently working.

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.

Yes, I prefer holding even in how many months just to make a profit our of my investment. I have been holding since 2016 and I was able to earn a decent profit from the previous ath, and now I am going to do the same.

karanggatak

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Activity: 1106

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I make money by holding bitcoin. I buy bitcoin at low times and then hold until bitcoin pumps. I don't do daily trading because I have a real job so I don't have time to do daily trading. and I also earn money from joining and working on signature campaign projects. working in cryptocurrency is very beneficial because it can provide huge benefits and doesn't take up too much time.

Bim abk

sr. member

Activity: 896

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I am a part of people who invest long term but with a small nominal, because to do daily trading we need to have lots of free time and ability in it. but in long-term investing I also have my own technique, for example I buy now so I will see some graphs that have similar resistance in the past to find the purpose of time to hold, if there is an error the hold time will be longer.

Jalinayr

jr. member

Activity: 77

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I make money by joining here like Signature Campaign and other Social campaign. It is good because I can earn free without using my own money. Just only joining here.

Darooghe

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Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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.

Trading incurs fees, requires time and effort, is generally perceived as stressful, and opens one up to the value depreciation of fiat. It should be done with moderation unless one enjoys it or has some significant edge over others. It's a form of gambling. also, it requires technical analysis which is a specialty that can take years to learn and decades to master and with the FINTECH industry trading becomes even more difficult to come out with a profit. that being said I've made all of my money by hodling, I hodl because I understand bitcoin and realize it's potential and how it is designed to go up more and more as time goes on.

kelawannaepa

newbie

Activity: 154

Merit: 0

As an apprentice, I am deeply saddened by why I have been so late in the Cryptocurrency Field. In fact, from what I've learned, I don't think this is the right time to make a profit. On the other hand, I think it's best to invest in an ico to get more profit. I hope to get some ideas from you who are experienced and knowledgeable in this field.

Colt81

sr. member

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Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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.

Well. I make money in bitcoin by trading and joining siganture campaign, and the money that i earned here is quite enough to provide my basic needs and pay all of my bills. Trading is quite difficult, that is why most of my earning are from my signature campaign, then i hold all of my earnings until the price of bitcoin increase.

shoreno

full member

Activity: 1750

Merit: 118

good question we got here but let me tell you this , is number 3 part of the choices ? lol just kidding but in my case i think im considered both number 1 and number 2 . why i could say that ? hmm its because i hodl my crypto for maybe a week and then i traded them with fiat or on sometimes other crypto to be used on gambling and for paying as well . i make money when i sell this crypto for fiat but i dont make money directly from these two but i earn money in the form of working for cryptos .

Daniel91

legendary

Activity: 3374

Merit: 1824

I'm not daily trader.
Part of my btc funds I just hold in the wallet, rest I invested in some HYIP investments.
I don't think I have enough knowledge and experience for daily trade.
Before I invested some of my btc to some altcoins but right now I feel that almost 99 % of altcoins have no future and it's waste of time and money invest there.

Savemore

sr. member

Activity: 952

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Quote from: White Christmas on December 26, 2019, 04:08:46 AM

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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.

Actually I am one people who trade usually meaning I am a trader, and I am earning or making money using trading and etc. In trading it is hard to make money unless you already know the different techniques and strategies in order to create money or bitcoin under it. Btc holders are the who are buying btc at a very low price and holding it until a big pump up comes and that's the way on how they are making money through the use of bitcoins. Actually right now I am still participating in some bounty campaigns and gambling sections in order to make some money and bitcoin to support my everyday needs.

You will only make money in trading if you have information about it. Trading is not about luck, it is about knowledge and skill. Those professional traders are became successful because of their hard work and their sleepless night. In order to become a profitable trader we need to study more and invest in learning for us to have higher win rate.

White Christmas

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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.

Actually I am one people who trade usually meaning I am a trader, and I am earning or making money using trading and etc. In trading it is hard to make money unless you already know the different techniques and strategies in order to create money or bitcoin under it. Btc holders are the who are buying btc at a very low price and holding it until a big pump up comes and that's the way on how they are making money through the use of bitcoins. Actually right now I am still participating in some bounty campaigns and gambling sections in order to make some money and bitcoin to support my everyday needs.

peter0425

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Activity: 2618

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Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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?

well i don't think day trader considered bitcoin to use as currency to profit because we know what is the movement of this currency these days and it is mostly at lose at day end.

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.

this is what we do now for Bitcoin it is better to hold and keep safe longer,maybe Months or years depend on how will it grow.

and altcoins for those who consider risking in daytrading.

coin-investor

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Leading Crypto Sports Betting & Casino Platform

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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 both I sometimes buy Bitcoin from one exchange to sell it lower on another exchange, and the majority of us here are holding Bitcoin and sell it higher when they see a profit, this is the most popular way to make money with Bitcoin, there are other ways like lending people Bitcoin and charge an interest, many people are now doing it, and we have a dedicated section on this forum for this.

CodyAlfaridzi

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Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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.

1. Sometimes yes I'm trading, but not that conventional buy low to sell high. I mostly margin trading BTCUSD. If I see a good opportunity in the chart, I'd go for it, but not forcing myself to trade every day. Just when the opportunity comes. Why? Because based on my experience if you're too focused, forcing yourself on trading you'll often make losing trades.
2. Yes, already for years now. I'm not sure whether I'm in profit or not cause I regularly buying it and I don't keep track of my purchase. I take it as accumulating.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Quote from: Janation on December 26, 2019, 01:34:02 AM

I hold Bitcoin and sell it when it is high.

I am not that kind of investor that you would imagine but I usually sell my Bitcoins quickly when I see a chance. I am not a day trader and I am also not a long term investor, I think that is being an opportunist. Though the hard thing about it is that I look at price of Bitcoin most of the time and I miss other price movements of some of my investments.

Being investor is simply than being a trader. You will just invest your money and you will just let it grow. But there are risks, holding is good but make sure that the market is uptrend. If we have bitcoins and suddenly the market became downtrend, it is better to let it go for us to not have negative portfolio. Being a trader is hard because you need a lot of skills to enhance like technical analysis skill, good risk management skills and trading skills.

FaithInCrypto

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mada mada dane

Quote from: Tony.waxx on December 25, 2019, 02:23:19 PM

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 can say that I'm that number 2. But I don't hold much BTC, just spending what I can afford to lose every time I buy. I hold it for months and check if its worth it to let go with a little profit.

crossabdd

legendary

Activity: 1316

Merit: 1145

I am a crypto trader, but not at BTC. I am more on ethereum pairs. maybe because of smaller funds. so choose ETH.
to hold, I have several coins including bitcoin which I already hold. but that hasn't benefited me. so, my only income is from altcoin trading and a little from bounty.

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