Topic: How to accumulate more bitcoin other than buying with FIAT. - page 2. (Read 594 times)
Here's what I've learnt so far about accumulating bitcoin or any other asset for that matter. If you stake it, you could actually generate some APY for yourself. But what I do mostly is save it in my AuBit Freeway network. Whenever anyone makes a bitcoin transaction in the network, 80% of the what AuBit gains from the transaction is sent to the liquidity pool, basically shared amongst the bitcoin holders. This way, I get over 40% APY from just saving my coins in the network.
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?
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.
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?
Maybe the most logic to explain it if not mining, then earning from airdrop or bounties. Because trading and gambling means we must deposit our fiat or buy bitcoin / other crypto with fiat first. If mining, fiat must used to buy mining rig first and if earning, means we not use any capital to do it. 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?
I know some ways to accumulate more bitcoin and not by day trade or trading. That way will be mining, staking, and lending.
Mining, you mine bitcoin from your home or other places using hardware or GPU. You can search for more explanations from other resources.
Mining, you mine bitcoin from your home or other places using hardware or GPU. You can search for more explanations from other resources.
Mining bitcoin with GPU will not get you bitcoins, it will get you a lot of debt from the electric company.
Staking, you can stake on an exchange such as Binance which will reward you. But I do not know how many the rewards.
What would "staking" bitcoin achieve? Binance is offering interest on lending your coins, it's not staking, at it's 3% APY.
But! you have to have coins in the first place!
Another way you can get it is by working and getting paid in Bitcoin. You can tell your employer or contractor to be sending you payments through bitcoin.
What is the difference between getting paid in $ and exchanging those for BTC?
If you bake your own cakes it doesn't mean they are free if you still have paid for the ingredients, same here, you've worked and you get paid for something, it's not a specific way to get bitcoins.
Why is everyone focusing on working for BTC?
What would you choose between a job that pays you 10$ an hour and one that pays 0.0001 BTC?
Anyhow OP, you've had your answers, lock the topic, it's not only getting useless but also misleading with all these answers.
Yes that's true and you are very correct not everybody can participate in bounty that pays in bitcoin because is not really easy to get and most of those bounties don't really accept newbies and low rank members but I believe lot's of people can participate In bounties that pay with altcoins which is very easy to get on this forum and after getting your reward you can decide to sell it and buy bitcoin and hold.
Although newbie and low rank members can participate in bounty campaigns that pay with altcoins, but the risk is very high. Because based on my experience, participate in bounty campaigns with altcoins paid most of the altcoins earned are shitcoins. So selling it was very difficult and
also the price fell very cheap, there are even those who have earned altcoins for years that have not been listed on any exchanges. And a very
small percentage of bounty campaigns pay with good altcoins. So as I said before, it is indeed more effective to collect Bitcoins by buying with fiat.
We can make USD from various online jobs, so the income we get can be bought Bitcoin.
Unfortunately not many people have special skills in crypto, which is why most people prefer to participate in bounty campaigns.
Your suggestion is correct, if we have altcoins that don't have the potential to have a great future, it's best to sell it immediately
if it still has demand. It's okay to just be priced cheaply than end up being deadcoins in our wallets. Regarding mining, it does require
large capital, but if we study it properly, mining Bitcoin can indeed help generate Bitcoin. But for now I'm still not interested in mining Bitcoin,
apart from requiring large capital, I also still don't have enough knowledge about Bitcoin mining.
You can look for online jobs that pay in the form of bitcoin. There are several online games that pay the reward of winning in the form of bitcoin. You can play those games if you are a gamer.
Well that right --even now airdrop still exists, just open an account of Freebitco.in and they have still given sats per hour. At least you have bitcoin for free but I don't think what is the minimum amount before you can withdraw. It could be the contest too or any promotion that given bitcoin, you may accumulate once you will win the contest and I did it in Roobet before, I won some bitcoin by joining their contest and it is totally free that you will get in exchange for your art.
After the recently adjustments, the rates are quite low, way lower if you don't wager.
Minimum amount is at 30,000 (~USD 17) Sats so without active referrals, that would take painstakingly long.
Well, its not only through bounties you can earn bitcoin, there are still other ways to do it. If you have special skills in crypto, then you can work for a certain job which requires it and have paid in bitcoin. If you have some alts that you think some are already not in high value, then you can sell it and buy bitcoin. And lastly, get involved in mining bitcoin. Although this needs more funds but if you want to have more bitcoin, then this will be a big help.
Yes exactly selling your skills about crypto like crypto marketing to those project seeking for a skilled person that can do that thing for them you can also earn bitcoin (if this is what the employer or your client agree to pay your services) then it's another way to earn bitcoin. Also, of course one of the most consideration to earn bitcoin is through joining bounty and airdrops but not all of the projects paid their bounty hunters by btc, some are using their own tokenomics or some uses other altcoins but as long as it has a value in the market you can exchange it and buy bitcoin. But if you are looking to have bitcoin on your own without dealing with the above mention then buying is what you really have to do.
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?
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?
you can get bitcoins by doing Airdrops or participating in a bounty program where the prizes are in the form of Bitcoin, if the prize is in the form of other coins then you have to exchange it first so you can have it in Bitcoin form. Another way is mining Bitcoin, mining Bitcoin usually requires quite a lot of capital but after that you will enjoy a very large amount of profit every month.
Definitely there are other ways in which you can accumulate more bitcon without buying it. Firstly you can work for it in this forum there are some bounties which is run by some managers which pays with bitcon you can participate and after getting your reward then you hold it, secondly you can mine it which I believe requires much capital before you can start mining because you have to acquire mining machine and bitcoin minning is also ristricted in some countries.
Participating in bounty campaigns with Bitcoin payment cannot be followed by everyone, only members with high rankings can participate.Maybe newbies or members with low ranks can start participating in bounty campaigns with altcoins paid, after that the altcoins that we get
we can buy Bitcoin. Actually around 2017 there are a lot of faucets, where we can get Bitcoins for free, but nowadays it is very difficult to find
legit faucets. Then related to mining, I do not recommend it, because mining Bitcoin requires very large capital. So indeed for now it is not easy
to collect Bitcoin without buying it, I prefer to buy Bitcoin regularly, according to our respective financial capabilities. It's the easiest and safest thing
to do for now, especially now that there are many online jobs that we can do, later the income that we get part of we can buy Bitcoin.
Although newbie and low rank members can participate in bounty campaigns that pay with altcoins, but the risk is very high. Because based on
my experience, participate in bounty campaigns with altcoins paid most of the altcoins earned are shitcoins. So selling it was very difficult and
also the price fell very cheap, there are even those who have earned altcoins for years that have not been listed on any exchanges. And a very
small percentage of bounty campaigns pay with good altcoins. So as I said before, it is indeed more effective to collect Bitcoins by buying with fiat.
We can make USD from various online jobs, so the income we get can be bought Bitcoin.
Definitely there are other ways in which you can accumulate more bitcon without buying it. Firstly you can work for it in this forum there are some bounties which is run by some managers which pays with bitcon you can participate and after getting your reward then you hold it, secondly you can mine it which I believe requires much capital before you can start mining because you have to acquire mining machine and bitcoin minning is also ristricted in some countries.
Participating in bounty campaigns with Bitcoin payment cannot be followed by everyone, only members with high rankings can participate.Maybe newbies or members with low ranks can start participating in bounty campaigns with altcoins paid, after that the altcoins that we get
we can buy Bitcoin. Actually around 2017 there are a lot of faucets, where we can get Bitcoins for free, but nowadays it is very difficult to find
legit faucets. Then related to mining, I do not recommend it, because mining Bitcoin requires very large capital. So indeed for now it is not easy
to collect Bitcoin without buying it, I prefer to buy Bitcoin regularly, according to our respective financial capabilities. It's the easiest and safest thing
to do for now, especially now that there are many online jobs that we can do, later the income that we get part of we can buy Bitcoin.
Although newbie and low rank members can participate in bounty campaigns that pay with altcoins, but the risk is very high. Because based on
my experience, participate in bounty campaigns with altcoins paid most of the altcoins earned are shitcoins. So selling it was very difficult and
also the price fell very cheap, there are even those who have earned altcoins for years that have not been listed on any exchanges. And a very
small percentage of bounty campaigns pay with good altcoins. So as I said before, it is indeed more effective to collect Bitcoins by buying with fiat.
We can make USD from various online jobs, so the income we get can be bought Bitcoin.
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?
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 some ways which I believe most have been mentioned by some people here. Mining is quite expensive and unless you have that kind of fund, that will be the least option. Doing Bitcoin paying bounty is another way but that too is mainly for top ranking accounts with extra requirements which are also out of your level. Doing faucets might be the easiest for this will take years for you to get to a meaningful amount of Bitcoin.
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Honestly there are lots of opportunities to get crypto for free on twitter, like airdrops, quickdraw with light tasks. And ever since memes and NFT coins became hype, there's been meme and other art design competitions every day with tradeable coin prizes. In addition, Twitter is the first social media used by crypto companies to announce the holding of prize events on their respective platforms such as AMA, voting and others.
Just like you said there's a lot of ways to legitly accumulate more Bitcoin without buying with fiat currency but most the airdrop and quick task of these days only give some Satoshi which didn't worth the time and stress used to execute the process.Having said that, the best that would ways generate legit Bitcoin for anybody is knowledge that's having some crypto tech knowledge.
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?
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?
First of you are at the very right place to grab detailed information about Bitcoin activities, such as Earning Bitcoins, Mining, Trading, and many other activities.
Day by day crypto universe is becoming bigger than ever think. Due to exponential growth in crypto in the last few years, major users from all over the world are intentionally looking towards Bitcoin and other cryptocurrencies as vehicles to become richer. But it's actually not.
Learning basic things can only produce some sort of cryptocurrencies for anyone by doing general activities in exchange for time and hours spent on it. But this is not a great deal, rather understanding industry updates and tech innovations can bring more revenue in crypto.
Nowadays many new trends such as Defi, Yield Farming, Liquidity Pool Mining, Staking, Swapping, and Minting including NFT are becoming more famous. Even having huge potential in the coming future.
I have found, from personal experience, is that, for me at least, earning it works best. I never feel like I really invested anything as I still have a primary job, but I am still constantly investing through earning because I just sit on it. It's just a mental thing for me because it kinda seems like I haven't spent anything on it (but I know I did, again, works for me). Also, with earning I feel like I am at least giving some of my time an effort back, if that makes any sense.
In my country, I've yet to know one that actually pays in crypto :p
Besides, the adoption remains extremely low as well so not a chance. Still, doesn't stop me from investing with fiat haha
Besides, the adoption remains extremely low as well so not a chance. Still, doesn't stop me from investing with fiat haha
Freelance, my man. Freelance;) Work as an independent contractor, get a few clients, and they'll get hooked. I know a couple already who sidelined into blockchain and now even NFT, and it all started with getting them to pay with Bitcoin. You'll be really surprised to find out how many entrepreneurs are ready to go crypto, at least online, even without the numbers to back the business up at first. Especially the tech generation and "silicon valley" mirrors. Sure, they end up going altcoin route sometimes but hey, it's a win in the end.
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?
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?
you can get bitcoins by doing Airdrops or participating in a bounty program where the prizes are in the form of Bitcoin, if the prize is in the form of other coins then you have to exchange it first so you can have it in Bitcoin form. Another way is mining Bitcoin, mining Bitcoin usually requires quite a lot of capital but after that you will enjoy a very large amount of profit every month.
Which is why you talk to your HR about using a payroll solution like Bitwage (unfortunately I don't think they serve every country now but HR talking to them could make things work if you've got good relations with them -- which, as a side note, is really important in any job haha).
In my country, I've yet to know one that actually pays in crypto :p
Besides, the adoption remains extremely low as well so not a chance. Still, doesn't stop me from investing with fiat haha
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?
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?
Other way is mining but i think it's too much expert to do since you are asking this question.
So i think you could "buy" it from the money you earn from doing some task and get paid by cryptocurrency then you trade your "reward" to bitcoin, that's the easiest i think as a beginner.
Many ways to earn it in this forum there are many of project owner wanna paid us and doing some task for them. Just keep exploring.
Buy is a real choice for current conditions. The reason is simple if you mine, of course, you know how responsible mining will only be a thing in time to combine finished supply. Unless you are ready with all Alt Combat in terms of mining. Of course the big cost must be served. What about scalping trade? For Bitcoin itself, I do not recommend the DEMAGANAGN, because this is far more at risk. Bitcoin is suitable for bought and detained in the long run.
You don't need to have a lot of Fiat a lot to buy 1 bitcoin. On exchanges you can beat them just by utilizing a correction, set aside a minimum of $ 10 in each correction. Little by little the number of your Bitcoin increases and in the future it will only be very valuable.
You don't need to have a lot of Fiat a lot to buy 1 bitcoin. On exchanges you can beat them just by utilizing a correction, set aside a minimum of $ 10 in each correction. Little by little the number of your Bitcoin increases and in the future it will only be very valuable.
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