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Topic: How to grow the bitcoin you have? - page 4. (Read 747 times)

hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
July 16, 2023, 04:30:30 PM
#71
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Gambling will never be a means to grow your bitcoin. In fact, it could be the easiest way to lose all your bitcoin in just a second. So avoid gambling your bitcoin as much as possible. However, if you want to grow your bitcoin, then save a lot of funds so you can accumulate good amount of bitcoin. And use them as long term investments. And when bitcoin halving is around, take time to sell because for sure huge profits is waiting ahead, and you can use again your profits to buy another set of bitcoin and hold them again for years.
legendary
Activity: 1022
Merit: 1341
July 16, 2023, 01:53:12 PM
#70
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Op please don't mean gambling min the investment plan of bitcoin. If you want to grow your bitcoin remove gambling because in gambling you are not to grow your bitcoins but lost it. Though if you have luck and win but winning is probability and before you win a gamble, you will loss a good amount of the funds so I will also join other user to advise you to open Electrum Wallet and keep your Bitcoins and keep them there. And wait for the bull to come.
legendary
Activity: 2338
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zknodes.org
July 16, 2023, 01:37:17 PM
#69
Everything will definitely be at risk. If you want to do staking with APY which is of course quite profitable in the long term, you can do it on Binance. There are many options available that you can use to double your Bitcoin. But remember, that the risk is your own responsibility.
Staking while holding long term is a pretty good idea. But centralized exchanges are at risk of being lost due to hacking or other issues. If you don't want to take any risks, then hold on until you reach ATH again.
sr. member
Activity: 700
Merit: 380
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July 16, 2023, 01:48:19 AM
#68
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
If you want to grow your Bitcoin investment again, you can do it through trading. However, before trading, it is necessary to know the method, otherwise, trading in bitcoins cannot be profitable. Moreover, Bitcoins can be increased by APY by investing Bitcoins, where a certain percentage is given to various exchanges. Your bitcoins can grow by that percentage but there are risks involved so you need to use trusted exchanges. Also if you buy bitcoins and stacking on binance then it will give you a certain amount of profit from which your bitcoins will grow. But you must consult well before starting this because there are risks involved and you have to avoid risk and then invest.
hero member
Activity: 616
Merit: 749
July 15, 2023, 06:58:33 PM
#67
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.

You can grow your Bitcoin by trading, this is the only method I know that you don't have to lose your Bitcoin if you understand trading very well. You can also grow your Bitcoin by investing in altcoins but this is a very risky approach as altcoins are riskier investment than Bitcoin. Their market are very volatile and there's so much scams going on that you can invest in a scam thinking it was a legit project. Altcoins can be traded for Bitcoin and it increase your Bitcoin amount.

Don't believe any sites that promise you return if you send them your Bitcoin because they're scammers, some of them promise to trade for you but they're lying. Others also promise they'll be mining and your investment will help them get more miners but they're all lie as well
hero member
Activity: 2996
Merit: 609
July 15, 2023, 05:17:58 PM
#66
-snip-
Of course, DCA is a very essential strategy to accumulate more of bitcoin and grow your bitcoin portfolio. And it’s also an effective way to minimize the risk since you are not going to put your money all in but only when you have spare money to spend. Also, I believe long term hodling is an effective way to grow more bitcoin because you sell your bitcoin at its peak price, then you can have the opportunity again to buy back good amount of bitcoin when they are in bargain.
As long as you feel your strategy is useful for accumulating bitcoin - then do it consistently. I believe DCA to be one of them - but scalping is also a good thing to consider. Meanwhile if you have special skills - you can also offer services, you can also gamble and you can also take advantage of staking.

It doesn't matter in what way - as long as it's profitable then go for it. It's just - everything you do will have consequences whether it impacts positively or negatively on your portfolio. Do it carefully and thoughtfully.
True, we are the only ones who would really be able to know and realize if ever the things we've been doing is neither that effective or not. There's no way that other people could able to tell which thing

that fits on you because you are the only one who would really be finding those ways or methods on handling out your investment and making decisions towards it.@OP, just make it sure that you wont
really be catering or listening some random pm's that you might received about some offerings on making you earn on shortest time as possible and with big amount or something that pertains
about too good to be true offers because thats a complete or 100% scam which you should need to watch out and be careful.

This is why you are the ones who would be needing to find the ways or method which you do seem that it do works for you, it isnt bad to snip out on other ideas as well
which always stick out on something realistic and something legit of course.
legendary
Activity: 3234
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Vave.com - Crypto Casino
July 15, 2023, 05:11:39 PM
#65
Gambling is not gonna increase the holding. For some time period it looks successful, but in the long run it surely ends with the loss. Good is to hold or make yourself good with the trading. Have better learning about trading, it'll make you understand well about the market and increase the volume in the wallet. With trading the profitability depends completely on the volume available for trading. More the volume, bigger will be the profit as well as the risk associated. Apart trading everything is much risky and depends on luck factor.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
July 15, 2023, 05:09:07 PM
#64
-snip-
Of course, DCA is a very essential strategy to accumulate more of bitcoin and grow your bitcoin portfolio. And it’s also an effective way to minimize the risk since you are not going to put your money all in but only when you have spare money to spend. Also, I believe long term hodling is an effective way to grow more bitcoin because you sell your bitcoin at its peak price, then you can have the opportunity again to buy back good amount of bitcoin when they are in bargain.
As long as you feel your strategy is useful for accumulating bitcoin - then do it consistently. I believe DCA to be one of them - but scalping is also a good thing to consider. Meanwhile if you have special skills - you can also offer services, you can also gamble and you can also take advantage of staking.

It doesn't matter in what way - as long as it's profitable then go for it. It's just - everything you do will have consequences whether it impacts positively or negatively on your portfolio. Do it carefully and thoughtfully.
hero member
Activity: 2856
Merit: 667
July 15, 2023, 04:36:16 PM
#63
Trading would never be an option for me thats if am trying to grow my bitcoin because the risk involved with it is just too much and I like to term it more like advance gambling because there is every possibility that me being the one to add some bitcoin to the one I already have will end up loosing the little I have, I think I would rather just go with DCA strategy as its convenient and less risk when it comes to loss of coins.
To grow your investment portfolio then of course buying with DCA strategy is recommended. But considering that the price of bitcoin is very volatile where the price can fall after an overbuy and can also recover after being oversold, of course you have the opportunity to grow your bitcoin by trading. You just need to do the analysis to know when to buy and when to sell, it's a great strategy to consider if you don't have the extra budget to buy DCA.

I know trading is risky, but as long as you sell your asset at a higher price then you never lose. While some people take advantage of price volatility to build their portfolios, that is also worth considering.
Of course, DCA is a very essential strategy to accumulate more of bitcoin and grow your bitcoin portfolio. And it’s also an effective way to minimize the risk since you are not going to put your money all in but only when you have spare money to spend. Also, I believe long term hodling is an effective way to grow more bitcoin because you sell your bitcoin at its peak price, then you can have the opportunity again to buy back good amount of bitcoin when they are in bargain.
hero member
Activity: 1750
Merit: 589
July 15, 2023, 04:24:30 PM
#62
Two things to make your bitcoin grow. Both are equally important but I'd teach you how to achieve each.

If you wanted your bitcoin to grow in numbers, from 1 btc to 2 btc and so on, you might wanna try out trading. When you trade, you swap your current token for another on the market, and then when the token you bought pumps, you sell it once again to lock in your profits. Do this enough and your bitcoin stash will accumulate by the numbers, which is arguably a better thing to do.

Suppose you don't want to increase your bitcoin in numbers, but rather you wanted it to pump in value, then I suggest you actually hold it until the next bull run arrives and then you sell it off at the peak. That's how most of our bitcoin holders got their fortunes anyway without learning a thing or two about trading, so you might wanna go down that path if you're not really keen about spending 4 hours a day learning a craft.
legendary
Activity: 2660
Merit: 1141
July 15, 2023, 04:23:30 PM
#61
Trading would never be an option for me thats if am trying to grow my bitcoin because the risk involved with it is just too much and I like to term it more like advance gambling because there is every possibility that me being the one to add some bitcoin to the one I already have will end up loosing the little I have, I think I would rather just go with DCA strategy as its convenient and less risk when it comes to loss of coins.
To grow your investment portfolio then of course buying with DCA strategy is recommended. But considering that the price of bitcoin is very volatile where the price can fall after an overbuy and can also recover after being oversold, of course you have the opportunity to grow your bitcoin by trading. You just need to do the analysis to know when to buy and when to sell, it's a great strategy to consider if you don't have the extra budget to buy DCA.

I know trading is risky, but as long as you sell your asset at a higher price then you never lose. While some people take advantage of price volatility to build their portfolios, that is also worth considering.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
July 15, 2023, 04:22:01 PM
#60
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
What do you mean by "How to grow", do you want your Bitcoin to increase, or the value of Bitcoin itself to increase?
Because if you want to get more Bitcoin, yes by staking or other methods that provide a certain APY. But it turns out you don't want that. If you want to do that, just hold on, at least until the Bullrun, then you will get a higher value, in this case if you compare it with the USDT or fiat value, then it will go up higher. And to add more, you can make purchases with the DCA system, no you need a lot, just how much you can afford so that until the bullrun later you've got even more Bitcoin.
sr. member
Activity: 1316
Merit: 356
July 15, 2023, 04:17:33 PM
#59
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Because there is no proof of stake, you cannot grow your Bitcoin when you keep it. Instead, you can only enhance its value when the market cap rises. Putting it in a custodial or non-custodial wallet has the same effect, but the non-custodial wallet is safer. There are many proof-of-stake cryptocurrencies where you can grow your money while keeping them in your wallet. When you gamble with your Bitcoin, the most likely outcome is that you will lose because you are relying solely on luck especially if you're new.
hero member
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fillippone - Winner contest Pizza 2022
July 15, 2023, 04:14:54 PM
#58
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Some of the best to grow your Bitcoin is to stake it on an centralized exchange with high APY. There are different ways we can grow our Bitcoin holdings which include staking, trading, mining and other ways. Bitcoin is a volatile coin that even holding it can give us some good profits apart from staking and trading it. It is important for us to know that Bitcoin is very volatile and holding it can be risky if we don't know how the market works. It is important for us to stake if we want to earn more from Bitcoin while holding it as an investor.
full member
Activity: 406
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July 15, 2023, 04:10:39 PM
#57
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.

If you wait as long as necessary, the amount of your bitcoin will not increase, but its value will increase. You can sell when the value of Bitcoin increases and buy more when its value decreases. You must have patience for this. You should also learn about the risks.

If you don't want the risk, the only thing I can suggest is to wait before selling your current bitcoins. You can sell it when the value reaches the level you want.
legendary
Activity: 2394
Merit: 2223
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July 15, 2023, 04:07:21 PM
#56
There are no foolproof methods available to consistently grow your Bitcoin portfolio without taking on some level of risk. Bitcoin, by its nature, carries inherent risks that can significantly impact your financial situation, potentially leading to substantial gains or losses. While Bitcoin trading presents an opportunity to grow your portfolio quickly, it is not without its own set of risks.

To achieve substantial growth, you must be willing to take calculated risks. However, it's important to note that even staking your Bitcoin with a centralized wallet or exchange, which may offer modest growth, does not guarantee absolute safety. The risk of potential bankruptcy associated with centralized exchanges remains a concern.

So, growing your Bitcoin portfolio requires a certain level of risk-taking. Bitcoin trading provides a relatively easier path to growth, but it is not entirely secure. Similarly, staking with a centralized wallet or exchange can offer some growth, but it's essential to remain cautious due to the risks associated with exchange bankruptcies.
hero member
Activity: 2590
Merit: 644
July 15, 2023, 04:00:54 PM
#55
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
^By holding BTC, it will not grow by the amount, it will grow by the value of a dollar when the price goes up.
One proven low-risk method is through a strategy called Dollar-Cost Averaging (DCA) when buying BTC and DCA involves regularly investing a fixed amount of money into BTC over a set period, regardless of its price fluctuations.
Because by employing DCA, you can reduce the impact of short-term volatility and potentially benefit from the long-term growth of BTC. This method allows you to spread your investments over time, avoiding the risk of buying at a single high point. It is a disciplined approach that aims to minimize the impact of market timing.
legendary
Activity: 1554
Merit: 1139
July 15, 2023, 03:54:20 PM
#54
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
If I get you correctly, APY defines the annual yield on your holdings on a custodial wallet which in this case refers to you having to hodl your coin or asset on an exchange and perhaps get to stake it as a way of providing liquidity on the coin.
Certainly those are a few ways and that comes with its amount of risk as well. There is typically no where you could hope to earn a cent without some risk, it’s the way the market environment works. Having your coins on a custodial wallet or an exchange is typically a huge risk as, exchanges aren’t wallet, they are custodial and your coins could be frozen or liquidated.

Trading is an option but that’s left for the know how as, you could easily lose as well as you can gain.
For an in experienced fellow, your best chance is to hodl in a non custodial position wallet and you’ll be good.
legendary
Activity: 1526
Merit: 1359
July 15, 2023, 03:53:52 PM
#53
Bitcoin is considered a form of money in the digital world. But let me tell you, finding an easy way to make money? I have been hunting for that magical formula too, but no luck so far. It seems like there is no shortcut to success, at least not that I have come across. If you find one, do let me know!  Cheesy

One suggestion I have is to consider starting a side hustle. Freelancing, tutoring, selling handmade crafts, offering consulting services, or any other income-generating activities that align with your skills and interests are some options to consider. With a side hustle you can supplement your primary income and further increase your bitcoin investment.
hero member
Activity: 1470
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ARTS & Crypto
July 15, 2023, 03:42:37 PM
#52
There are several ways to increase the capital of bitcoin in your wallet. We will not analyze the case when you will earn in bounty companies and transfer these crypto currency earnings to bitcoin.

Let's look at increasing the amount of bitcoin by buying and selling on exchanges between bitcoin and stablecoins. In order for everything to be stable, you need to constantly sell bitcoins at high prices, and buy at low prices, fixing your position in stablecoins.
It remains only to learn how to identify the bottoms and tops.

You can buy in parts and sell in parts. It's much easier to get a partial result this way.
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