How to accumulate more bitcoin other than buying with FIAT.

bhooscream

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Quote from: 95Bolu on November 30, 2021, 09:44:26 AM

How are people accumulating more bitcoin other than buying it with fiat?

How is bout trading?
We can trade Bitcoin and get again Bitcoin from the profits.
So far, I ma not mining so that I cannot tell about this.
But trading is really profitable for me although it is very risky also. Well, maybe if you can see some platforms, there are also some that provide any staking or other yield farming to get rewards on BTC.

Ultegra134

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Quote from: Cloutgod on December 05, 2021, 08:44:31 AM

Mining it is an option, which isn't really feasible depending on your environment and resources but it's one of the ways you can earn it.

Trading is another option but it takes intellectualism to get this done in a very good manner and earn profits to purchase bitcoin

Rendering your services also and getting paid in bitcoin is another option to consider

Mining isn't an option, you'll need specific miners in order to mine, using your own computer won't just do it. On top of that, you'll need to do a cost to benefit analysis, due to high electricity costs.

Quote from: frankbitcoin on December 05, 2021, 12:43:10 AM

Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day. Wish those days still existed lol

While I remember the early days of Bitcoin (2013-2014), you could potentially earn a decent amount of BTC, I believe that the amount you're claiming is an exaggeration. Faucets were my first experience with Bitcoin and accumulated a decent amount for today's standards.

worldofcoins

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Quote from: 95Bolu on November 30, 2021, 09:44:26 AM

How are people accumulating more bitcoin other than buying it with fiat?

I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?

Well there can only be 3 ways to acquire bitcoin, 1) By trading, 2) by mining& 3) by gift. The best and easy way is by trading, but you are required to put your focus on the market and the trend of people towards bitcoin, the second one is by mining, but it's very expensive, you would have to purchase a mining rig for this purpose, the third one is very rare, which is to acquire by gift. But we don't have any such friends, who would ever be willing to gift bitcoin. Any such friendship is always welcome. lol

Newlifebtc

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Quote from: Ebewah on November 30, 2021, 12:58:46 PM

I think you accumulate BTC just like you accumulate cash.
Your work and get paid with BTC in countries where it is acceptable.
People can also run airdrop and bounty task, when they get paid they can convert it to BTC. The next very ugly means of acquiring is through Fraud.

The op would have make it generally as cryptocurrency without being specific to one coin as bitcoin, you can generate cryptocurrency of any kind depends when it will be about to launch, i know people earn a coin through mining which is the shortest way to earn bitcoin instead of buying with fiat currency.

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Quote from: UserU on December 05, 2021, 09:18:37 AM

Quote from: frankbitcoin on December 05, 2021, 12:43:10 AM

Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day. Wish those days still existed lol

No one knew that Bitcoin could reach 4, let alone 5 figures.

Now we see faucets dispensing similar amounts for their own coins but I doubt they would reach the same level.

As far as I know the only worthful faucet platform right now is Cointiply. You can earn there by doing tasks, surveys and running apps on your mobile device. The good news is that every countries have access to at least few surveys daily there, different from most platforms I've seen which don't give any chances for third world countries citizens to earn by doing surveys.
Cointiply also pays daily interest over users' balances and run different bonuses and promotions from times to times. Without referrals nobody is going to make a lot of money from this site, but it's still a lot better than anything else disponible right now. As OP is looking for a way to accumulate btc without buying it, that is an alternative.

UserU

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Quote from: frankbitcoin on December 05, 2021, 12:43:10 AM

Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day. Wish those days still existed lol

No one knew that Bitcoin could reach 4, let alone 5 figures.

Now we see faucets dispensing similar amounts for their own coins but I doubt they would reach the same level.

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Quote from: 95Bolu on November 30, 2021, 09:44:26 AM

How are people accumulating more bitcoin other than buying it with fiat?

I'm going to be really honest with you, the most common way to accumulate Bitcoin is through buying it with Fiat, either you have a job in real life that pays you, and thus you use a fraction of your salary to buy/accumulate Bitcoin, it does not mean that it's the only way, but it's somewhat the most assured and popular way of acquiring Bitcoin. Having said that, some people may tell you to try faucets or airdrops, but I'm afraid, you'll earn little or nothing from them, coupled with the fact that majority of them are scams, and instead of you earning, you could end up losing, you can also earn some Bitcoin if you have one skill or the other, and when you offer your services to people, they could pay you in Bitcoin, another means is if you're working in establishments that offer payment of salary in Bitcoin, you can also request to be paid in Bitcoin.

Cloutgod

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Mining it is an option, which isn't really feasible depending on your environment and resources but it's one of the ways you can earn it.

Trading is another option but it takes intellectualism to get this done in a very good manner and earn profits to purchase bitcoin

Rendering your services also and getting paid in bitcoin is another option to consider

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Quote from: frankbitcoin on December 05, 2021, 12:43:10 AM

Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day. Wish those days still existed lol

Those are days when bitcoin is given to people as free giveaway. Such scenario have changed with the increasing adoption resulting in price increase. The price increase made more such bitcoin faucet sites go shut. Everyone wish for such old days, but it is quite impossible. For now the best way is provide services in exchange for bitcoin.

frankbitcoin

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Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day. Wish those days still existed lol

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Quote from: 95Bolu on November 30, 2021, 09:44:26 AM

How are people accumulating more bitcoin other than buying it with fiat?

I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?

there are several ways to accumulate more bitcoin online. Let me mention you a few below:

1. freelancing job for bitcoin
2. selling digital products for bitcoin
3. cryptocurrency exchange referrals for bitcoin
4. crypto yield farming and staking for more crypto
5. joining crypto airdrops and bounties

DoublerHunter

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Quote from: Wiwo on December 04, 2021, 03:21:45 PM

Well, there are various ways to earn Bitcoin without having to buy with fiat money, you can join signature campaigns and bounties that pay you in Bitcoin or you trade Bitcoin on the exchange. You will need to work on your account to rank up before you can join signature campaigns that pay with Bitcoin, if you have a skill that someone can hire you and pay you in Bitcoin.

^ You mean that in return for your service you will earn BTC right?
That is definitely right, through your service you will earn BTC, through faucet you can earn BTC, through an affiliate, through a contest, swapping your valuable stuff in exchange for BTC and etc. There are a lot of them that you can earn BTC without having money, but I don't know how much the time will take before you can accumulate a big amount because, in faucets, they only give a tiny fraction of BTC that it could take years before you can withdraw.

Wiwo

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Well, there are various ways to earn Bitcoin without having to buy with fiat money, you can join signature campaigns and bounties that pay you in Bitcoin or you trade Bitcoin on the exchange. You will need to work on your account to rank up before you can join signature campaigns that pay with Bitcoin, if you have a skill that someone can hire you and pay you in Bitcoin.

Ultegra134

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The first Bitcoin I had acquired was through faucets, but that was back in 2013-14, so that's out of the question. However, the most I acquired mainly derived from signature campaigns here, mining (through Nicehash) and occasional trading.

Your best bet would be a signature campaign, doing tasks that pay in Bitcoin, or if you're up for a challenge, short trading.

savetheFORUM

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Quote from: glendall on December 03, 2021, 09:18:30 AM

many ways to get bitcoin without buying it with FIAT,
For example, in this forum there is a bounty where there are various campaigns such as social media, articles, signatures and much more.
You can exchange your income from the bounty with bitcoin, my friend
besides that you can also trade daily, weekly, so your usual profits buy bitcoins or you trade in BTC pairs

For you to trade it requires you have money that you will first invest, which eliminates his whole idea of earning Bitcoin without having to buy it with FIAT.

And of course I do know that earning bitcoin these days without fiat is a very difficult thing to do, it isn’t like in the old days when bitcoin was being giving out for free, and there are lots of ways to get it online just like faucets (I knew a lot of faucets back then that were really paying well, and one of them I knew back then was even paying up to 700 satoshi every fives minutes, while others were paying 50, 100, or so.). Well, I think his best bet would be through campaigns.

glendall

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many ways to get bitcoin without buying it with FIAT,
For example, in this forum there is a bounty where there are various campaigns such as social media, articles, signatures and much more.
You can exchange your income from the bounty with bitcoin, my friend
besides that you can also trade daily, weekly, so your usual profits buy bitcoins or you trade in BTC pairs

irsykes

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Quote from: 95Bolu on November 30, 2021, 09:44:26 AM

How are people accumulating more bitcoin other than buying it with fiat?

I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?

Airdrops, bounties, or maybe offer service that paid in crypto. Because earning in crypto we can do anything that we want, from gambling to trading or if not want to use capital just work for other people or company and you can increase your portofolio with it.

amihada

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if without fiat to get bitcoin you can mine it but to mine you also need capital to buy a mining machine which in essence you will get bitcoin with a mining machine so you don't issue fiat to buy bitcoin.

Rufsilf

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Well, the fastet way to accumulate more bitcoin is to either buy it using fiat or do trading. But since it's not on the question, there are still some way more ways to accumulate or earn bitcoins for FREE.
• You can mine it if you have the proper materials needed for it, sure it's costly but it's nothing when you eventually mined something about it.
• You can also do Lend/Loan bitcoins to other who needs it and give it some interests to make some profits depending on how long or how much is it.
• Play online games and be paid in cryptocurrency such as bitcoin.
• Lastly, you may know it but I will still say it, apply to signature campaigns in this forum to accumulate bitcoins.

If it's still not for you, try to search in the internet on how to earn or accumlate bitcoins. Cheer up mate!

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Quote from: qwertyup23 on December 02, 2021, 06:35:45 PM

Quote from: 95Bolu on November 30, 2021, 09:44:26 AM

How are people accumulating more bitcoin other than buying it with fiat?

I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?

There are various of ways to earn BTC without purchasing it via fiat.

First, you may offer your services and skills for a consideration of BTC under the marketplace. Dozens of people have already created threads where they offered to do something in particular to an individual and the payment is through bitcoin. Another thing, you may also participate in campaign signatures where the payment is usually paid in BTC weekly.

In my opinion, I consider the 2nd method to be the most convenient way of earning but the only hindrance would be your forum rank.

Right. As you can’t participate in most of the signature campaigns that are paid in bitcoin once your position is still in newbie, member or full member. You still have to level up your position so you will be qualified. In addition to your various ways, if you have some other potential coins in your portfolio, you can sell it and convert into bitcoin. In this way, there’s no need to pay for it. You can consider too mining for bitcoin if you are aiming for huge number of bitcoin but that may somehow require a capital to make it possible. But i believe the best way to accumulate bitcoin is through purchasing it with fiat. The more you spend, the higher chances for you to make bigger profits.

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