How to make money from Bitcoin in 2021 - page 4.

Shasha80

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Quote from: Ibrahim60 on April 30, 2021, 08:55:54 AM

Quote from: Foxy1 on February 09, 2021, 02:56:49 PM

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

Most people who are new they can make money from Bitcoin. But because of newbie this is tough to make money. But they can make money easily by investing on Bitcoin. Because bitcoin is the most potential coin. Its price will increase more. This is much tough for newbies to make money by daily trading and mining. For this they need huge research on Crypto market and knowledge about coin. There is no Airdrop which pay bitcoin.

I agree that the best way for newbies to make money from Bitcoin can be with investment, because the risk investment is lighter and quite easy
to do. Because like you said if a newbie tries trading and mining it's too difficult for a newbie to do it, because it takes experience and knowledge
to be able to make money from trading and mining. Actually, if there is an airdrop that gives Bitcoin it can be even easier for newbies, but now
there are no more airdrops that pay Bitcoin. If for people who have been in the crypto world for a long time, it's easier to make money from
Bitcoin. Because there are many ways that can be done, for myself, I now focus on working on the bounty campaign and trading.

Zemomtum

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Apart from Airdrop and payment with BTC for work done, others are risky for newbies (yield farming, mining, printing....). All these required a piece of in-depth knowledge and it is not a thing that can just be jumped into

CoinFoxs

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The only best way nowadays to make money is bitcoin and altcoins trading other ways are also good for making money but there are some problems associated with them. In case of airdrops and bounty campaigns they are mostly scams and you have to wait for too long just to get 10-20$ sometimes. So if you have capital amount then go for long term trading.

doctor877

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trading would have been a good option for anyone who have the knowledge while investing is the easiest for anyone who can be patient enough. mining is nota child"s play so its not what everyone can do. its definitely a good list but some require many efforts before you can earn something tangible.

AakZaki

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Quote from: sapnu on April 30, 2021, 09:10:38 AM

We all thought earning in bitcoin would never be the same again or would never get better when the sudden dump that occured last 2018 took place. Right now, bitcoin was able to regain its composure and come back even much stronger than before wherein it was able to achieve consecutive new ATH for the past few months. Trading was a great way to earn once again, a lot of huge institutions are already investing in bitcoin and lots of people are starting to become interestend with bitcoin ever since its price surprised everyone. Sooner or later, we will surely gain much more benefit here and we should know what are the best ways to achieve such.

trading is the best way to earn from bitcoin or crypto. But what type of trading is right for you?
because there are many trading strategies that can be applied today. But in general there are 3 trades, short term, mid term and long term. Apart from trading, investing is also a good way to buy some coins and hold them for a long time.

There are many best ways that can be done, depending on how we can use it. Cryptocurrenies are paying off well in 2021.

ene1980

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Quote from: online73 on April 29, 2021, 06:52:52 PM

I sold bitcoin for almost $ 60,000 and am waiting for $ 20-30,000 to buy it back. I don't even consider other ways to make money with Bitcoin in 2021. I've never had any luck with that. By selling bitcoin, I run the risk of staying in fiat, but bitcoin will still give a good correction someday. By participating in any investment projects, I risk either losing everything or earning a small percentage

If you already sold all the coins then you need to wait for the market to have a correction to invest in it once again. I am sure majority of the investors are waiting for that to happen especially anyone who sold all of their holdings. Just have the patience to wait for the market to go down and just do not risk investing in experimental projects unless you think that it will reap you the profits.

sapnu

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We all thought earning in bitcoin would never be the same again or would never get better when the sudden dump that occured last 2018 took place. Right now, bitcoin was able to regain its composure and come back even much stronger than before wherein it was able to achieve consecutive new ATH for the past few months. Trading was a great way to earn once again, a lot of huge institutions are already investing in bitcoin and lots of people are starting to become interestend with bitcoin ever since its price surprised everyone. Sooner or later, we will surely gain much more benefit here and we should know what are the best ways to achieve such.

bitzizzix

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Quote from: Maslate on April 30, 2021, 08:38:10 AM

Quote from: ice098 on April 30, 2021, 01:02:46 AM

Quote from: LogitechMouse on April 29, 2021, 09:59:21 PM

Just do these 4 steps:
- Be patient for it go down.
- When its down, buy it.
- If you feel that you are comfortable enough with your profits then sell it.
- Rinse and Repeat.

Based on my own experience on trading or even in investing in cryptocurrency patience was really important. The cryptomarket was so volatile and you can't predict when does the market bull run ends or when does the market starts to bear. But In my case I haven't sold my all btc because of bear market but I'd still have lost my btc way back year 2018 because of the sudden dropped of btc price way back then and I forgot to place my 50% of coin into exchange ending I lost it.

The wisest thing to do in the market is to keep calm and enjoy the ups and downs. The more we took seriously in every change, the more it affects our mindset and that will be the start of the curse.

Investing, trading, crypto developers, mining, and all of the OP's list will require patience in order to gain profit. It is a big lie talking about easy money in Bitcoin because it takes time to achieve it. These words give some motivation but not a thing we should have to expect.

I agree with you, but we also have to learn from experience because the things that happen in the market are part of it, so you don't have to be a burden or worry because what happens is bound to pass and will change.
and we should think about getting involved in this industry just to get extra income but promising, and don't make it as core income that will make you worry or panic when the market situation is not good.
You can earn other income by participating in signature campaigns or other services to be paid in bitcoin, we can earn in other ways according to our abilities and expertise.

Ibrahim60

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Quote from: Foxy1 on February 09, 2021, 02:56:49 PM

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

Most people who are new they can make money from Bitcoin. But because of newbie this is tough to make money. But they can make money easily by investing on Bitcoin. Because bitcoin is the most potential coin. Its price will increase more. This is much tough for newbies to make money by daily trading and mining. For this they need huge research on Crypto market and knowledge about coin. There is no Airdrop which pay bitcoin.

Maslate

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Quote from: ice098 on April 30, 2021, 01:02:46 AM

Quote from: LogitechMouse on April 29, 2021, 09:59:21 PM

Just do these 4 steps:
- Be patient for it go down.
- When its down, buy it.
- If you feel that you are comfortable enough with your profits then sell it.
- Rinse and Repeat.

Based on my own experience on trading or even in investing in cryptocurrency patience was really important. The cryptomarket was so volatile and you can't predict when does the market bull run ends or when does the market starts to bear. But In my case I haven't sold my all btc because of bear market but I'd still have lost my btc way back year 2018 because of the sudden dropped of btc price way back then and I forgot to place my 50% of coin into exchange ending I lost it.

The wisest thing to do in the market is to keep calm and enjoy the ups and downs. The more we took seriously in every change, the more it affects our mindset and that will be the start of the curse.

Investing, trading, crypto developers, mining, and all of the OP's list will require patience in order to gain profit. It is a big lie talking about easy money in Bitcoin because it takes time to achieve it. These words give some motivation but not a thing we should have to expect.

Alucard1

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Quote from: AakZaki on February 09, 2021, 05:23:06 PM

Day trading has become the main choice for me. Because I do get income from day trading. For some people who are new to bitcoin, day trading is still not suitable, because trading requires trading analysis knowledge. Better to do an airdrop or invest or farm in Defi, it will be better.

It is only advisable for those persons who have good knowledge about trading, there are a lot of beginners who keep on doing day trading without any good knowledge and experience on it that is why they lose their money and even they keep on losing they still keep on doing it, beginner should start learning about cryptocurrency first before engaging in day trading.

haidil

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Quote from: mbe48 on April 30, 2021, 12:27:44 AM

A good solution, but some people really have to start with large capital in order to get high profits. But it doesn't hurt to try, because basically bitcoin was created for trading, but over time there are many ways to get it as stated in the thread. But I prefer to be a bounty hunter because we only promote certain projects and get wages that can be exchanged into BTC or other altcoins. Despite the high risk of a project scam. But at least, the risk that is experienced is wasted time, not material loss (money).

however, I have experienced, when following a bounty hunter it is paid and it is not big but it runs out by a very large fee, therefore it needs adjustments for a large fee so that those of us who only have small capital can join trading hehe

ice098

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Quote from: LogitechMouse on April 29, 2021, 09:59:21 PM

Just do these 4 steps:
- Be patient for it go down.
- When its down, buy it.
- If you feel that you are comfortable enough with your profits then sell it.
- Rinse and Repeat.

Based on my own experience on trading or even in investing in cryptocurrency patience was really important. The cryptomarket was so volatile and you can't predict when does the market bull run ends or when does the market starts to bear. But In my case I haven't sold my all btc because of bear market but I'd still have lost my btc way back year 2018 because of the sudden dropped of btc price way back then and I forgot to place my 50% of coin into exchange ending I lost it.

mbe48

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Activity: 994

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A good solution, but some people really have to start with large capital in order to get high profits. But it doesn't hurt to try, because basically bitcoin was created for trading, but over time there are many ways to get it as stated in the thread. But I prefer to be a bounty hunter because we only promote certain projects and get wages that can be exchanged into BTC or other altcoins. Despite the high risk of a project scam. But at least, the risk that is experienced is wasted time, not material loss (money).

LogitechMouse

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Need A Campaign Manager? | Contact Little_Mouse

Just do these 4 steps:
- Be patient for it go down.
- When its down, buy it.
- If you feel that you are comfortable enough with your profits then sell it.
- Rinse and Repeat.

Day trading, mining, freelancing and others might help you yes but in common this is how most of the people are making money. They are just flipping it. They are patiently waiting for Bitcoin to go down and when that comes they will enter and then wait for it to go up and take some profits along the way. What the OP shared is true but some of them aren't time worthy like airdrops (for me) and those surveys.

Pamadar

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Quote from: Gamerholic on April 29, 2021, 02:05:22 PM

Personally, I just bought bitcoin in small volumes throughout 2020, at the beginning of the growth I sold everything and bought Etherium.

Nice way to earned and grow your assets, buy when the value still low, divert to alts that you see
good potentials then convert to fiat once you are already satisfied with your profits.

Quote from: Gamerholic on April 29, 2021, 02:05:22 PM

It seems to me that etheruim's liquidity is underestimated and it is worthwhile to distribute money in the future to bitcoin, etherium and other alternative cryptocurrencies.

Your own assessment will guide you a much successful journey towards this invesment venture,
got to engaged more to enhance your investment opportunities.

Quote from: Gamerholic on April 29, 2021, 02:05:22 PM

If you are still looking for good projects in parallel that are just going to hold an ICO and go to stock exchanges - buy their tokens at the start at a cheaper price - then you can generally not lose and even earn. In a growing market, this is certainly easier to do.

Not exactly easy since you needed to performed deeper research not to fall with the scammers.

online73

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Hello everybody. Any method described in this forum is good. But personally, I chose a very simple path, I sold bitcoin for almost $ 60,000 and am waiting for $ 20-30,000 to buy it back. I don't even consider other ways to make money with Bitcoin in 2021. I've never had any luck with that. By selling bitcoin, I run the risk of staying in fiat, but bitcoin will still give a good correction someday. By participating in any investment projects, I risk either losing everything or earning a small percentage

mrongoz22

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LIVECASINO

how to make money from bitcoin, one of which is by investing, investing in bitcoin means holding btc until the best time arrives ,, hold is a term in crypto exchanges for long-term investment, if you believe that bitcoin has a positive future and you are sure of a boom. the price, you should choose to hold,
with us reading we know more and more, asking our friends will add to the experience I hope that anyone who is here will continue to share the knowledge he has,

ChrisPop

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Not your Keys, Not your Bitcoins

It's good that you've posted the list to inspire other people, but the methods outlined have different nuances.

Daily trading - is a very risky activity, not recommended for newbies who do not have extensive knowledge
BTC mining - it is seldom profitable if you don't have access to cheap electricity and deals on mining hardware
Investing - again, it requires experience and skills
Yield farming - you're exposed to another set of risks. Tether - counterparty risk, smart contract hacks, exploits, etc.
Airdrops - a lot of time wasted and could end up getting nothing in return - is a job better?
BTC surveys - again, is it better to find an entry-level job somewhere?

Gamerholic

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Personally, I just bought bitcoin in small volumes throughout 2020, at the beginning of the growth I sold everything and bought Etherium. It seems to me that etheruim's liquidity is underestimated and it is worthwhile to distribute money in the future to bitcoin, etherium and other alternative cryptocurrencies. If you are still looking for good projects in parallel that are just going to hold an ICO and go to stock exchanges - buy their tokens at the start at a cheaper price - then you can generally not lose and even earn. In a growing market, this is certainly easier to do.

Topic: How to make money from Bitcoin in 2021 - page 4. (Read 1667 times)