All you need is some skills to accumulate more bitcoins without having to buy it. The skills can be of any kind though.
If you have trading skills you can accumulate bitcoins from trading. If you have some coding or designing skills you can do freelancing for bitcoins.
If you have good investment then you can invest in mining and get more bitcoins.
There are also options like lending which I won't recommend but is a way to accumulate more bitcoins.
You can earn bitcoins by applying for jobs which pay in bitcoin. You can also promote services and ads which pays out in bitcoin.
There are many possibilities to be honest.
Topic: How to accumulate more bitcoin other than buying with FIAT. - page 5. (Read 594 times)
I think what you can do now would be to trade services in exchange for bitcoin. You won’t have to buy it if you can earn it. I think stompix answered it precisely. So the only option you can do is to earn it unless you want to beg or make use of faucets. Not sure if there are still sites like that, but that would take a long time.
You can try and earn cryptocurrencies in the forum here by looking for the applicable Jobs for you. That's why it's so crucial with the ranking here.
You can try and earn cryptocurrencies in the forum here by looking for the applicable Jobs for you. That's why it's so crucial with the ranking here.
Trading altcoins to then exchange them for BTC, isn't that right?
That's one way to go about it but now isn't a great time to start doing that I don't think. Lots of people trade patterns with altcoins for when the btc dominance fluctuates - a few patterns repeat themselves 3 or 4 times before they're obselete too (don't risk too much on this though either 10% is probably the most you'd put on even if you're confident)...
How are people accumulating more bitcoin other than buying it with fiat?
I've seen people try to do scalping and other things to get more bitcoin but that might be riskier than day trading with it.
There used to be a lot of people who had sizeable amounts of bitcoin that would go around claiming faucets (which might be some way to accumulate). Or find a service to sell or something (especially if you enjoy it already).
Totally agree that in order to accumulate BTC is to Buy, trade and mine. Buying directly is too expensive and risky if you don't have any idea when exactly to buy. You might end up withdrawing them when you bought them expensively.
Trading is like buying also, but through trading, you will be continuously doing that. Its a matter of buy and sell. Most of the people rely on trading but needs lot of patience. On the other hand mining needs equipment and would probably be costly.
Trading is like buying also, but through trading, you will be continuously doing that. Its a matter of buy and sell. Most of the people rely on trading but needs lot of patience. On the other hand mining needs equipment and would probably be costly.
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?
It's impossible! If you don't want to buy it or day trade in the crypto market, then you are left with only one choice - mining. But to mine bitcoin, you need expensive mining rig which you need to purchase from your own pocket. So it's quite impossible to accumulate crypto without any investment to be honest.
Personally, I feel trading is the best way to accumulate bitcoin. You still need to invest money but that will be quite less than buying a mining rig. So I would say, give trading a try!
You either:
- mine it
- earn it
- buy it
Since you don't want to trade, you probably don't want to get into mining either then there is only one way other than buying left for it, you earn it from services you provide to other poeple. Of course, that's just a disguised form of exchange also since you can also get paid in $ and then exchange that for bitcoin, but let's count it as a method too.
In the end, bitcoin is money, you're just asking yourself how to get more euros without exchanging $ for it.
- mine it
- earn it
- buy it
Since you don't want to trade, you probably don't want to get into mining either then there is only one way other than buying left for it, you earn it from services you provide to other poeple. Of course, that's just a disguised form of exchange also since you can also get paid in $ and then exchange that for bitcoin, but let's count it as a method too.
In the end, bitcoin is money, you're just asking yourself how to get more euros without exchanging $ for it.
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?
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