Topic: How to make money from Bitcoin in 2021 - page 5. (Read 1587 times)

trading is quite complicated for beginners, it takes good analytical skills to predict price developments. You should start learning little by little both technical and fundamental market analysis.

other ways that are quite effective are staking and farming. this method is quite easy and the risk is not too big. very effective for those who do not master market analysis. You are also free to stake with any altcoin pair provided by a particular exchange or platform.

You have mentioned almost everything then why you are asking.

I suggest do trading but you will need a higher amount to take profits.

Good luck with earning bitcoins.

Regards

Trading and investing are two of the best ways to profit from bitcoin. However, this method must be done very carefully and with full consideration because the risk of trading and investing is loss (part or all of the fund). Although trading can generally be carried out by buying low and selling high, without knowledge and experience the possibilities for losses are much greater. I would never directly recommend someone to trade if they don't understand the market it will end badly for them.

There are eras to which is the most profitable form of earning through bitcoin. From all available indication in the cryptosphere especially when it comes to bitcoin, the ways get slim and more difficult along the line. It was muchore easier when people knew less but, the more people know of its value, the more valuable it becomes and as such, the ways to earning becomes the more difficult as well.

Bitcoin mining is one of the most difficult ways of earning bitcoin now should you not have a mining farm before hand. The resources needed to build a farm and run it is enormous and as such, starting a farm is next to impossible.

Trading on the other and has been the most popular best way to earning bitcoin at the moment. It accommodates all status of people with there resources. All that is needed is a prior experience and knowledge of the market. So, trading stands out and should be exploited by the experienced few.

These are the most popular earning method that you have shared in your topic. And these are the best earning method for earning. So, choose any of method and start earning. Trading is the most popular method of earning in every decay. And if i am not wrong it is also the most profitable method of earning.

I am earning Btc from 2017 and still I am trying to earn. And from your list, some of mentioned criteria are familiar with me but I don't have enough knowledge about the last one which is Btc surveys. Otherwise, all of them I tried before and still trying to do. From all of them, I mostly preferred to others for trading and investing. Those are the ways of making your funds more by getting profit from them. Enough knowledge about those should be needed.

Definitely Not airdrops. I would rather call them shitdrops if that makes sense.

Having seen the effect of trends and its hype on the market, airdrops came into existence but ended up being another shitcoin for each airdrop. The first few projects who started that trend may have been able to do something worthwhile but the rest of them at that time were going through the ICO hype. Then they saw the airdrop trend and jumped on that.

Many such names who started airdrops have been abandonware now. So why even think of such a method if there was no real motive behind them? Giving away free money, when that money is worth zero is a marketing technique and not a method to make the receiver rich.

Would say no for airdrops. Even if one gets tokens from the project and converts it to Bitcoin, I wouldn't consider it profitable.
It is just gonna be losing its value overnight for sure.
Adding it up that phishers are quite common in some airdrops since you mostly enter your crucial information then they would send you some email claiming that you can now claim your token but then bait you into their fake site to put in your private key.
Source? My experience.

I didn't make any money on airdrops last year. and therefore I do not know how you can get income from this type of activity. Although the problem may be in the source from which I took my airdrops. But trading during a bull run is quite profitable, especially when you carefully monitor the cryptocurrency market and manage to fix your profit in time at the beginning of the correction. Many traders who trade for a long period, starting from the beginning of 2021, have already made quite high profits, given the fluctuations in prices for Bitcoin, for example, and for Ethereum due to several corrections.

- Perhaps you forgot the bounty campaigns, this is also a very viable place to make a profit without setting up some capital in advance but the prerequisite for each campaign is not low, need to equip everything carefully to get the best profit, airdrops are a smaller and similar form but have a low rate of return and often require private documents, which is quite difficult. The most advanced and stable still belongs to trading when the majority of members strongly recommend this job, smart and patient enough, our smiling age will be right now

You can earn and use your profits to invest for your trading, there are lots of people who manage to earn decently from airdrops
and with their skills with trading that manifest more.

Inside trading you can earn more, it's just need to have more time analysing and understanding the full potentials of any assets that you've got.

The opportunities are high inside this market, way back there are faucets that you can earn dust bitcoin, collecting will take more time
but good enough if you know how to save.

Easier said than done.

Almost like gambling, as the task here is to predict the fluctuations of an unpredictable market. Luck is needed to be a successful crypto trader. And I guess most people lose money trying this.

Bitcoin mining was good by years ago, when the rewards per block were higher. Now with so many big businesses in the industry mining professionaly it doesn't worth for a common person to compete with them. The electricity needed to run a mining operation at home probably doesn't worth the rewards received.

This is always a good idea, but I think people looking for ways to make money from bitcoin in 2021 want to earn it because they don't have money to invest at first place, no?

For each item you are going to try to sell there are already another hundred sellers trying to sell the same thing. And it's hard to sell stuff for bitcoins, because most popular platforms deal only with fiat. If you are going to create your own site to sell goods it will have less visibility, being much harder to sell than it already is in popular platforms.

Same as investing. Again, money is needed to invest in DeFi. People are trying to earn money somehow, so once they achieve it they can start thinking about investing.

This is only for who doesn't bother about working a whole month and receiving nothing after all. It's well known that more than 90% of airdrops are worthless or scams. It's a very demoralized segment of crypto industry.

I'm not aware about them, I just know surveys which pay in fiat. Well, from your list it seems the best option so far, if they are really disponible.

For myself, I prefer airdrops and trading. the advantage of airdrop is that we are without capital, so we get a little bitcoin, so for new people, maybe following an airdrop is a good thing, because you don't have to worry about getting a loss.
but once they understand crypto maybe they can move on to trading and adjust their flow to get profit

Almost all of this ways applies for any investments. It's now hard to make money from BTC if you can't invest big amounts of money cause fees are so goddamn high you're gonna lose more money on them than if BTC drops.

I agree trading can be profitable but as you say, it does require a lot of chat watching (with almost not time for anything else). Though a long-term holder would not need to worry about this.

Airdrops are becoming too infrequent and in my opinion no longer work. The best way is to work some jobs and get paid in crypto. It is the ultimate alternative to buying in with your fiat.

from the details you provide, I only know and are very familiar with only day trading and that is what I have done so far from knowing crypto
if I may know where there is a farming site please share it for me if it doesn't bother you

I look more at the funds we have if it is that big we are playing at btc it is possible but if not ..!? then we can trade in coins that are smaller in price as eth and other promising coins and at the end of our goal is a safe investment and make promising profitability
because debt or forcing us to play with bitcoin are things that might be more jokes ....

Sorry but what does it mean to "Avoid Bitcoin Survery"? and how come that it is a waste of time? i don't think that it is appropriate because survey specially from this community really provides best results.
Change your outviews about something you really did not understand.
Lol you must find legit Exchange to try that HODL+ Earning.

I also believe in lending here in forum but the risk is there because there are many who did not settle theirDebt.

And you exclude campaigns here in forum! I can tell you a lot of people are making little or more here in forum than most of the list you mentioned,  especially airdrop! I can't remember when last I join any airdrop,  most of them are a complete waste of time,  you just share there information for free without getting nothing or at best pennies for your effort,

Investing is another sure way, but trading and mining are limited to those who have the knowledge of trading and required hardware to mine which also are expensive, yield farming is the latest trend and many people are earning from it, depending on the apy of the project, another means of earning passively.

The market of bitcoin is highly dominating, following is the ethereum. Right now there is regular price fluctuation, it is time to have close observation of the market and make revenue out of the difference between buying and selling. This is the simple way of earning bitcoin.

Other than this there were more and more number of cryptocurrencies and new projects that have provided high ROI. Investing on those cryptocurrencies and moving the profit into bitcoin is a wise way.