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Topic: How to make money from Bitcoin in 2021 - page 2. (Read 1667 times)

full member
Activity: 2268
Merit: 121
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The best way to earn is by buying BTC and saving it, putting it in HODL mode, the reason is simple, the last ATH was at $ 64k, when reviewing the movements of BTC and seeing its volume it is obvious that it will reach $ 64k and it will exceed it, only By having this logic it is obvious that at any moment it will reach that price level, according to technical and fundamental arguments, just as the S2F model has, which predicts that the price will reach $ 288k, but the first target will be at $ 100k, something that is very likely.

Many despair, because they do not know when it will happen, it is very difficult to predict when it will happen, you just have to trust that BTC never disappoints under any circumstances.

it's true what you said that the price of bitcoin will always exceed its last ATH, at some point and it will definitely happen, usually after a halving period that occurs every 4 years and renewable ATH is always formed again

it takes a lot of patience if you want to make long-term investments with HODL, because it takes a long time and the funds absorbed are quite high, so that people can't be patient to accept this reality by taking actions that should not have been done, but immediately taken so they don't get as expected.

currently bitcoin is fairly stable with prices in a fairly good range, but this indicates that there is another opportunity for bitcoin to increase in the future, because this feature is always done by bitcoin in the event that it wants to increase. it will stay in the stable price for quite a while and make an upward movement but will fall again several times before finally rising sharply.

time is still long and it is possible that by the end of the year bitcoin will be able to form renewable ATH again and we are waiting for the stages of improvement first, it takes patience for this.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
The best way to earn is by buying BTC and saving it, putting it in HODL mode, the reason is simple, the last ATH was at $ 64k, when reviewing the movements of BTC and seeing its volume it is obvious that it will reach $ 64k and it will exceed it, only By having this logic it is obvious that at any moment it will reach that price level, according to technical and fundamental arguments, just as the S2F model has, which predicts that the price will reach $ 288k, but the first target will be at $ 100k, something that is very likely.

Many despair, because they do not know when it will happen, it is very difficult to predict when it will happen, you just have to trust that BTC never disappoints under any circumstances.
sr. member
Activity: 938
Merit: 250
yeah, so many ways to make money from bitcoin, and bounty is the easiest for me.
there is airdrop, the simple task required, but im not sure if i can get coin (nowaday). i try to follow many of them but still be unlucky. if i got from airdrop, the price never be good for long days.
you need basic if you want start trading, but it helpful to multiple coin in short time, with high risk.
i just following bounty, and when my coin start rising, i will sell and buy when the price low.
sr. member
Activity: 1666
Merit: 426
Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
You can make money in bitcoin anytime and anywhere as long as you've proper equipped with knowledge and skills, just for example you can do day trading or daily trading, and as long as you have the knowledge on how to read the flow of the market graph then probably you can make a profit on it but it also takes time to understand to the whole run of the market. Another thing is thru investment because you can just buy anytime a cryptocurrency such as bitcoin and sell it when the price went high.
hero member
Activity: 854
Merit: 506
Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
Daily trading is risky if you are new to it. BTC mining requires lots of investment.
Yes selling items for BTC is best option. Airdrops are also good but they pay in Altcoins bot btc
sr. member
Activity: 2366
Merit: 448
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I think Investing in Bitcoin is a nice way of making money from Bitcoin. Buy now at a lower price and sell when the price rises high. Patience is required during this process, you have to hold up to your Bitcoin.
Everyone will do the same as you because this is the most effective way to make good profit from bitcoin.
and it takes patience to get a good Profit, because the market is difficult to predict and for long-term investments will always give a very good return, and it's really real.
hero member
Activity: 1288
Merit: 524
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At the moment long term investment in Bitcoin for atleast 7 to 8 months is beneficial for you to gain enough profit, other option is day trading where you can make some profit but for day trading you need enough experience and knowledge about how the market work.
sr. member
Activity: 1232
Merit: 379
I think Investing in Bitcoin is a nice way of making money from Bitcoin. Buy now at a lower price and sell when the price rises high. Patience is required during this process, you have to hold up to your Bitcoin while keeping it in your non-custodial wallets for long term savings, trading in the other way of making money but the profit generated does not come as big as investment, it only takes a little bit and accumulation of bitcoin to become rich in trading. I prefer investment to make more money.
newbie
Activity: 1
Merit: 0
39kBFMvBw97dwm7ZjPv8JvJgT3daUt8LGK BTC wallet

I am a dad of 5 kids and I am having troubles. During covid my wife lost her job and now I am the only one working. I have one child of my own, and I took the responsibility and adopted her 4 kids, their dad is a child molester, yes proven, and a woman beating, shit bag. He's in jail and has never supported the children helped make at all. But I am working my ass off trying to and three of the kids have health issues and medications that are expensive, my child has speech problems and went though a tough time with my divorce to her mom, my ex wife. And just the transition. What I am getting at is I am in way way over my head and I need help I have applied for loans credit cards, I work about 60 plus hours a week to pay for the rent, the truck payment, need a 3 row truck to haul them all around, the insurance, the lights, phone bill, we help her mom who has dementia and my wife now will be getting paid 40 hours a week to take care of her but we have no idea when that will kick in and it could be a while . I am behind two months of rent, I am behind one cell phone payment, and a truck payment. It's about 3000 dollars. Would anyone be willing to donate anything at all to my btc account to help me get my head back out of the sand. In desperate. I am doing my best and I just need some help.

Not looking for Hate in here or trolls .
jr. member
Activity: 70
Merit: 1
If you can get cheap hardware/electricity, then Bitcoin mining is still a profitable job.
hero member
Activity: 938
Merit: 502
Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

The list you have made is quite accurate, but I personally think that some clarifications should be added for some of the options, especially if you are new to this field.

* Daily trading - if you are new to such a field and have not yet traded in the financial markets, this is not easy and is not the best option to start with the money you have saved so far. There are many things you need to know about trading before you start, and it may be best to start with just a small amount or a demo account somewhere.

Many people make this mistake and put all their savings into the stock market, lured by the high profit margins of trading in the markets, but many of them are not prepared for this and lose all their money.

So be careful with that!

* BTC mining - Bitcoin mining with a personal computer is no longer so profitable. In addition, the mining of other cryptocurrencies is highly competitive with that of Bitcoin.

For this purpose, it is good to participate in the so-called Bitcoin Mining Pools or Bitcoin Cloud Mining.

And maybe something extra to your list (which I haven't tried and I'm not sure how good it is) - you can watch videos and ads online on sites that pay for it with Bitcoin.
newbie
Activity: 19
Merit: 0
States will not use the cue ball from the crypto market in the classical sense. They will use the technology of the crypt, developing their currencies on its basis, etc. As a result, the crape market will be like a stock market and funds. That's all. There are different metrics by which you can assess the value of the network. The fact that a technological network can come out on top is quite real. As well as other bolie new projects can move the ether in its use.
full member
Activity: 1512
Merit: 115
Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

For me, I believe it is basically Daily trading and Investment which I believe you are referring to long-term buy and HODL for Bitcoin. I do a bit of trading regularly but maybe not daily and have made some good profits from that and have some assets I have invested on for the longer time HODl.
Do we really have Airdrops that come in Bitcoin?
jr. member
Activity: 40
Merit: 7
I think Stacking is the best option these days to make money from BTC
member
Activity: 1162
Merit: 58
If you still new on this field maybe investing is the best way for you to earn money in crypto. When you had enough experience and knowledge about this field then you can try to daily trading.
Best to say that it is Holding instead of Investing.. I also did those thing when i was new and until now that is the safest way involving in this market.

But BTC mining? lol this is not a good idea if you are in a high price electricity country because you will never earn from that.
legendary
Activity: 2128
Merit: 1775
*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
The methods and tricks that you present are all ridiculous, rarely work, almost 80% of Bitcoin users are unknowingly doing it, it doesn't have the perfect effect of making money from Bitcoin, it's the opposite of losses.

tired of hearing fairy tales before bed.

One surefire method from me if you want to have the advantage of Bitcoin.
1. Have a lot of capital and wait for cheap Bitcoin to buy and sell when the price is high, you will get everything you want, no tricks and methods required, Buy cheap with big capital and sell when the price is high.
newbie
Activity: 19
Merit: 0
I think the methods you mentioned are very good, and they almost cover all the ways I can think of using Bitcoin to make money. In 2021, I am more inclined to airdrop this way. Of course, if it were in 2010, I would definitely choose to invest or mine. This would be a way for me to reap a lot of wealth at almost no cost. But now, I don’t have enough money to buy Bitcoin and use it as an investment method. Of course, if the price of bitcoin continues to fall, I think I will still buy some bitcoin at a low price, and then wait for its price to rise.
jr. member
Activity: 32
Merit: 2
Have project analysis ability and patience, value investment to make money, good psychological quality and a good grasp of the market.
member
Activity: 364
Merit: 10
World Family Coin
If you still new on this field maybe investing is the best way for you to earn money in crypto. When you had enough experience and knowledge about this field then you can try to daily trading.
full member
Activity: 1190
Merit: 117
I think the least profitable among these you listed has to be mining. It's not as profitable as it was a decade ago, with cheaper mining gears that does the job and less people on the pools competing for the same block. Nowadays you even have to double down on your mining rigs, which by the way already could cost you tens of thousands of dollars in itself alone. To even get a decent earning. Trading and holding holds the top spots for me because they are basically what made the millionaires in this industry, and has consistently made people get by even as of today.

Mining is no longer a good way to generate Bitcoin, because buying mining rigs and maintenance costs are huge. Especially if the place where
we are mining has large electricity costs, of course the amount of expenditure is greater than the profit we make. Indeed, the best way through
trading and investing to be able to generate Bitcoin this year, I just need to buy Bitcoin regularly every month, starting from 2019 until now.
The profit generated is very large, because this year the Bitcoin price has reached its highest price.
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