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 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.
Staking, you can stake on an exchange such as Binance which will reward you. But I do not know how many the rewards.
Lending, you lend your bitcoin to traders at the exchanges. You can find this info at Poloniex which I already used until now. The rate is not much but if that is about bitcoin, it is worth doing, at least, for me.
You can select what you want and can do because not many people will have the same ways as me.