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Topic: How to grow the bitcoin you have? - page 6. (Read 747 times)

legendary
Activity: 1932
Merit: 1273
July 15, 2023, 11:35:27 AM
#31
First of all, a concerning thing when I read your post is that you seem to perceive gambling as a way to grow your bitcoins, which is truly a bad idea. In fact, gambling is the surest way to lose money. If you still think of gambling in such a way, you really should consider it for your financial literacy in general.

Now, since you mention risk, storing your Bitcoin on a third party would rather significantly increase the risk. There is no interest that it is worth considering the risks you might expose. It is simply the bad outweighs the good since you handing over the control and ownership of your own bitcoins.
member
Activity: 156
Merit: 63
July 15, 2023, 11:35:11 AM
#30
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.
          I feel that there are no other ways to grow our BTC other than in the traditional ways, the first and main thing to grow our BTC is education and discipline. It is not only about investing money or cryptocurrencies, I also know about investing time in educating ourselves about the cryptocurrency market, analyzing trends and understanding Bitcoin as much as possible. The more knowledge the better and more prepared we will be to take advantage of opportunities and make strategic decisions.
investing time in educating ourselves on this subject opens the door to other ways to grow our BTC, as many colleagues mentioned before it is the classic and more "safe" one that consists of keeping your Bitcoins saved for a long term and over time with a little patience you could benefit from potential price increases, this is known in our community as "HODL". and on the other hand there are also loans, mining and others that are more risky than Trading... but always keep in mind that regardless of the option you take there will always be a risk.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
July 15, 2023, 11:22:04 AM
#29
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't "grow" your bitcoin. If you have 1 bitcoin, you will have 1 bitcoin with you as long as you hold. Bitcoin can't be stakes, so you won't be receiving any rewards for holding your coins. The only way to "grow" your bitcoin is through mining or investing your money. Or you can earn bitcoin by providing services to people and accepting bitcoin as a form of payment. Remember, only invest what you can afford to lose. You don't have to "grow" your bitcoin if you can't. Just hold what you have and don't sell at a loss. When the price goes up, take your profit, wait for the price to go down, buy more bitcoin and then keep on repeating.
member
Activity: 224
Merit: 11
Tontogether | Save Smart & Win Big
July 15, 2023, 11:07:26 AM
#28
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 keep your bitcoins in a gambling place you will definitely lose. Because gambling is like that, it will either come or it will go. Most of the time there is a high probability of going. If you want to grow your bitcoins you must hold for a long time.
member
Activity: 756
Merit: 30
July 15, 2023, 11:05:42 AM
#27
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.
Do not attempt it and I would advice you to ignore any pm you might receive concerning this else there is possibility of you getting scammed. Just like everyone else suggest here, buy more BTC at every given chance and increase your bitcoin quantity or better still hold for long to increase it value.
sr. member
Activity: 490
Merit: 294
July 15, 2023, 10:57:29 AM
#26
How do you want to grow your bitcoins? Many people try to increase their bitcoins in different ways. Some people try to increase their btcs through regular trading, some people try to increase their btcs by investing for a long time, and some people try to increase their btcs by converting a part of their earned money to bitcoin regularly. If you want to increase your btc by investing, you need to hold your investment for a long time or if you want to increase your btc by trading, you need to enter this business with some amount of capital and set a target for each day, or if you think if you convert a part of your income to Bitcoin regularly, you can also increase your Bitcoin.
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
July 15, 2023, 10:50:31 AM
#25
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 have 1 bitcoin after the time you do nothing you still have 1 bitcoin and if you hold it long enough I am sure you will also see a profit with it. But you mention gambling, it makes me feel less like the term chance, and the house always wins, so don't treat it as a form of money or a job, just see it as a entertainment is more correct. And in this market, I come across a lot of different ways to optimize profit participation, but you need to be knowledgeable with them, it is not natural that profits come to you, like if you are known mortgage property in this market and use that money to invest further, and that investment story really takes a lot of skill so you have enough confidence to do well, so keep trying to learn and persist longer with the market.
jr. member
Activity: 74
Merit: 1
July 15, 2023, 10:45:16 AM
#24
Now the question is, how would you know that BTC will come down ever again or will go up. That's where the risk factor comes. But if you had good knowledge of crypto industry and you keep an eye on all the news means fundamental analysis and technical analysis then you would be 90% sure that price will come down to $30k for sure.
90% sure? How did you come about that analysis, if it was so easy to check the TA and FA to be exactly 90% sure of BTC either rising or falling, everyone would be doing it and making millions very fast. Trading is very risky, and it should not even be an option for a newbie, because they are very naive and will lose their money very fast or fall for scams in trading groups on social media.

Agree. It's much more dangerouse if you just entered crypto world. People know nothing about basics and enter evem more unexpected thing
sr. member
Activity: 686
Merit: 286
July 15, 2023, 10:42:43 AM
#23
If you have bitcoins and you gamble with bitcoins, you may see your bitcoins go down rather than increase because gambling can make you gain from your total bitcoins and you can lose it at times when you win and then get greedy and gamble again. It will appear that you have once again lost a lot of money from the total capital. The main way to grow your bitcoins is to hold your bitcoins in a secure wallet for a long time and also invest a portion of your income regularly. If you can continue this way, your bitcoins will grow a lot. You must always plan to grow bitcoins If you never plan to spend your bitcoins you will never grow bitcoins.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
July 15, 2023, 10:39:21 AM
#22
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.
Yes, DCA.

That's the proven method to gain and grow the Bitcoin you have. But it does require you more money because you'll have to keep on buying in intervals that you're okay with.

If you can't do DCA, then find something that make you have an additional fund for buying like selling things that you need or selling some services that you've got as a skill.
legendary
Activity: 3346
Merit: 3125
July 15, 2023, 10:28:57 AM
#21
One way to grow the bitcoins is by giving loans, you can find the loans section of this forum in the next link:

https://bitcointalk.org/index.php?board=65.0

The right way to give loans with a low risk for the user is by asking a collateral, this means, you give a loan in bitcoins and ask for the same amount of money in another coin like dogecoin or litecoin, once the user pays you back the loan then you give back the collateral coins. And this is considered the "zero risk" way to loan money, the only risk there is the market. But That's why is important to give loans only to the users that you trust.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 15, 2023, 10:28:09 AM
#20
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.

Apparently there is no way to stake bitcoin in non custodial wallet because the Proof of Mining (PoW)[1] concept have no such thing called master nodes or validators so you can only apply the non custodial staking for coins which is based on Proof of Stake (PoS) [2].

The only feasible option to make more bitcoins with your bitcoin is by "acting as a Lightning node operator, you can earn fees for routing transactions on the Lightning Network" which I may not recommend since the returns are not going to be similar with staking on centralized platfrom with fixed lock up period so its better to just HODL and let the value to grow on its own.

If you still want to learn about Can I make money running a lightning node?
hero member
Activity: 994
Merit: 1089
July 15, 2023, 10:26:30 AM
#19
Now the question is, how would you know that BTC will come down ever again or will go up. That's where the risk factor comes. But if you had good knowledge of crypto industry and you keep an eye on all the news means fundamental analysis and technical analysis then you would be 90% sure that price will come down to $30k for sure.
90% sure? How did you come about that analysis, if it was so easy to check the TA and FA to be exactly 90% sure of BTC either rising or falling, everyone would be doing it and making millions very fast. Trading is very risky, and it should not even be an option for a newbie, because they are very naive and will lose their money very fast or fall for scams in trading groups on social media.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
July 15, 2023, 10:24:19 AM
#18
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't be too greedy and demanding too much, you can't want to be safe and increase your bitcoins at the same time. If there were any such method, everyone would use it instead of trying to hold it tight in their wallets. If you are unwilling to take risks for bigger rewards, you should continue holding your bitcoins and accumulating more with your fiat currency. Everything is proportional, high return comes with high risk, and safety comes with low return.
hero member
Activity: 2954
Merit: 796
July 15, 2023, 10:20:27 AM
#17
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.

Just hold it and purchased Bitcoin regularly using your job salary is the safest way to grow your Bitcoin without the risk of losing it. APY mining is the low risk method that I know if you want to grow your Bitcoin slowly.

There’s no proven low risk method aside from APY mining or Bitcoin mining if you don’t want to add more money to purchase Bitcoin. Joining signature campaign is one of the alternative but it’s not possible on your situation since your account rank is low to join.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
July 15, 2023, 10:18:15 AM
#16
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 have a steady income from a job, you can consistently allocate a certain percentage of your income to invest in Bitcoin. don't think too much about the nominal, the most important thing is to do it consistently and you will see your Bitcoin investment will grow gradually without you knowing it.

some investors with large capital may be able to make large one-time purchases and hold onto their Bitcoins until they grow in value. but for those who have limited capital, or small capital, maybe trading will look more attractive than holding their Bitcoin which is experiencing very slow growth. but this is also a risk for loss.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
July 15, 2023, 10:10:00 AM
#15
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.
Yes there is, just by buying more BTC's! Roll Eyes
Agree with you. But I add a little that buying Bitcoin regularly can grow the Bitcoin you have over time. And don't think too much about the volatility of Bitcoin prices. Keep buying according to the schedule that you arranged.

Another way is to stake your BTC on major exchanges like Binance, KuCoin, etc. It can also grow your Bitcoins but it has a certain amount of time before you can take profits and the Bitcoins. In addition, you can borrow your Bitcoins on the exchange because there is a feature on the exchange.

But whatever you want to do, according to people's advice, do it only for the Bitcoin you can afford. It is never recommended to use all the Bitcoins you have because of the possible bad possibilities.

Trading can also be a way to grow your Bitcoin but trading requires skill for you to make a profit.
sr. member
Activity: 812
Merit: 315
Vave.com - Crypto Casino
July 15, 2023, 10:00:52 AM
#14
Gambling is the fastest way to lose your Bitcoin, if you don't believe me you are free to try and prove me wrong, if you want to increase your Bitcoin you have to keep buying with money you make from your salary or job or whatever that you make money from.

You can also buy a Bitcoin miner if you have cheap electricity bill in your country and start mining Bitcoin every day, you need to move them or get paid directly in your Bitcoin wallet.

You can start accepting Bitcoin in your business too, or if you have a skill that can make you money online like building crypto website for new projects or others you can start getting paid in Bitcoin instead of fiat.
hero member
Activity: 1386
Merit: 513
Payment Gateway Allows Recurring Payments
July 15, 2023, 09:55:58 AM
#13
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.
The simplest answer is, start trading with your BTC and Perform DCA. To understand how can you do that let's take an example: let suppose you have 0.5 BTC and the current market price of 1 BTC is around $30.3k. And suddenly like 2 days ago price of BTC reached $31.8k or maybe $31.9k that was due to XRP news.

So if you would compare the profit you would made by selling those at $31,800+  and after booking the profit you could use the same profit to buy another amount of BTC when it will come down to $30k.

Now the question is, how would you know that BTC will come down ever again or will go up. That's where the risk factor comes. But if you had good knowledge of crypto industry and you keep an eye on all the news means fundamental analysis and technical analysis then you would be 90% sure that price will come down to $30k for sure.
sr. member
Activity: 882
Merit: 457
July 15, 2023, 09:38:20 AM
#12
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.

I see no other way to earn bitcoins with less risk. The lowest risk is with you buying more bitcoins than you have money, maybe from your monthly salary.

If you have trading analysis skills maybe you can use it for trading but I think it is high risk. If you don't have any expertise in this area, it's better to forget about it

The easiest and least risky way is for you to hold your bitcoins until the price goes up. You will benefit from rising bitcoin prices. How much profit you get depends on how many bitcoins you hold
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