How to make money from Bitcoin in 2021 - page 9.

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: Foxy1 on February 09, 2021, 03:56:49 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

So You really added DEFI this year , are you promoting this one? or just happen that you believe in Yield DeFi projects?

Sorry But i'm now a Believer of that platform.

Quote from: Cosette on February 10, 2021, 04:50:46 AM

Easy and simple answer. You have talent? Then offer your service. You don't have? Then learn it. You lazy? Then you can become middle man between client and people who offer service. Still too lazy? Then help him advertise his service.

Can You Read? He already mentioned that in the List.

Quote from: Foxy1 on February 09, 2021, 03:56:49 PM

*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)

but in this sense you are correct , There is much best and safe to earn here but our talent and skills , i have been seeing those Joining the contest in other section in which some account even winning almost landslide and earning thousand of dollars because of His artistic skils.

Kittygalore

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Quote from: Cosette on February 10, 2021, 04:50:46 AM

Easy and simple answer. You have talent? Then offer your service. You don't have? Then learn it. You lazy? Then you can become middle man between client and people who offer service. Still too lazy? Then help him advertise his service.

Being middle man is a difficult job, not the part where you are a middle man but the part where you are going to gain the trust of the people that you are helping to make a smooth transaction, not to mention that in this forum, they base their trust mostly on what is your rank which is understandable but the people that wants to prove something doesn't get a chance because they are easily disregarded. Another problem with this service advertisement is that you need to gain the trust of the person that is doing the service that you are going to really advertise their services. Faucets are still a thing if you want to be really lazy about earning bitcoin.

mezzaluna

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Quote from: nelson4lov on February 09, 2021, 04:09:51 PM

Insightful list you've got. I'm not too picky with choices but I Bitcoin mining in 2021? Except one is willing to invest in good hardware and joining a good pool, I don't think its viable for now (I'm not a miner so I might be wrong). It's also worth noting mining difficulty has increased in the last couple of months. For DeFi, Its still too experimental so it's best to properly do some research before trying it out. For trading, one needs to at least acquire some trading skills like technical analysis and maybe some fundamental analysis skills too.

All are good ways but it requires a lot of efforts from the user's side for it to be successful.

Its actually a good list coming from someone new within the Cryptocurrency Industry but I guess he did not have enough knowledge that having a Miner this days is actually really expensive too. I always thought of mining but creating a rig that would give me profit would take a very large capital from me first so I guess that idea would never be profitable for me.

Daily Trading is also for someone who has experience and has a lot of free time to watch the charts and graphs that this Cryptocurrencies produce and must look for the perfect opportunity to gain money.

Anonylz

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I will always go for investing and let it grow, i have a friend who was very eager to do day trading thinking that is the only way he can make good profit, now he finds out from the hard way that investing is way more better (especially when you are not that knowledgeable with chart reading) after losing some few $$ he has decided to invest and hold Grin

- experience is always the best teacher.

There is a huge possibility btc price will go even high, (thanks to the likes of Elon jumping in the train and probably many more like him will come in) better to invest and watch it grow overtime than to give yourself unnecessary stress as a result of trading.

Cosette

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DAMN SON!

Easy and simple answer. You have talent? Then offer your service. You don't have? Then learn it. You lazy? Then you can become middle man between client and people who offer service. Still too lazy? Then help him advertise his service.

rodskee

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Quote from: Foxy1 on February 09, 2021, 03:56:49 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:

Better that aside from the list ,at least you gave us example in each ways so there is some ideas that the Newbies may take, though it is searchable in
Internet yet basic example can be good from us here.

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*Daily trading

Needs More knowledge and experience , not just entering and profiting this is a false action.

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*BTC mining

This can be harder for Newbies and also hard for oldies here because of the expenses we may have in mining.

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*Investing

Best Option if you have capital to wait for long.

Quote

*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)

Well services rendered in Internet really pays a lot .

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*Yield farming (De-fi)

Why this added here ? does everyone knows this?

Quote

*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

well this is some type of wasting time but at least free to do so.

NeuroticFish

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Quote from: Foxy1 on February 09, 2021, 03:56:49 PM

few ways to make money from BTC:

The list is wrong and deceitful. Sorry. This just lures newbies into losing time and money.
* Day trading is by far not for everybody. One may gain many days in a row, but if he doesn't know what is he doing, sooner or later will lose more than all those gains, since the market is very volatile and hard to predict.
* Mining is expensive and needs extremely cheap electricity. Lists like this can send newbies ask how can they mine Bitcoin with their CPU...
* Investing. One has to have money he can afford to lose, else FOMO will strike and will buy high and sell low.
* Selling.. OK, maybe..
* Yield farming. With so many scams and with current Bitcoin rise it was better and safer to just hold Bitcoin. The DeFi can be interesting, but it's far too young and far too risky.
* Airdrops. Those usually ask for many tasks and pay some pennies here and there. No.
* Surveys. Again, mostly work for pennies. And the result will be only high tx fees when one will want to make use of those Bitcoin

No. It's easier. Bitcoin is money. Plain and simple. Money.
How to get money? Work for it. Whatever you earn and it's surplus, can be kept as Bitcoin. Indeed, if one earns altcoins or fiat, those have to be exchanged to Bitcoin first. But really, that's all.

Lorence.xD

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Quote from: maxreish on February 10, 2021, 04:00:08 AM

I dont think there is still bitcoin airdrops that is legit nowadays. If that is bitcoin ads clicks where in you earn few sats by viewing ads then maybe those who wanted to try that needs longer patience.

Newbies also cant do daily trading without proper knowledge and confidence. But long teem trade will be suited to them rather than daily trading. Also, I guess you forgot signature campaigns here in forum where they can pay off with bitcoin.
Another one is that social media campaigns wherein newbies can also try, some may pay by their token but they can exchange it into btc if they want if they receive the rewards.

Anyway, this is a good read for newbies;
Saw it here to guide them how to earn bitcoin ij different ways

Never I would still be seeing the word airdrop in this time, AFAIK legitimate airdrops died a long time ago. It is a nice start to do trading as a newbie although losses will be incurred more but it can be prevented if they try to do Stock Market Simulation, they can practice in real time prices without the worry of losing money. Besides signature campaigns, OP also forgot Services that pay in bitcoin and faucets.

maxreish

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I dont think there is still bitcoin airdrops that is legit nowadays. If that is bitcoin ads clicks where in you earn few sats by viewing ads then maybe those who wanted to try that needs longer patience.

Newbies also cant do daily trading without proper knowledge and confidence. But long teem trade will be suited to them rather than daily trading. Also, I guess you forgot signature campaigns here in forum where they can pay off with bitcoin.
Another one is that social media campaigns wherein newbies can also try, some may pay by their token but they can exchange it into btc if they want if they receive the rewards.

Anyway, this is a good read for newbies;
Saw it here to guide them how to earn bitcoin ij different ways

Zemomtum

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CitizenFinance.io

In addition to what you have mentioned, one could also make money from Bitcoin if you are an expert and creative in graphic design (meme), writing blogs, perform translation to your native language, design a blog that promotes blockchain, and participating in a referral program for a lifetime passive income.

GeorgeJohn

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Bitcoin is achievement

Your right in terms in aspect of trading because I know vividly that capable traders that knows the chart of trading always makes profit everyday but the difference is that the only condition that's involves in cryptocurrency trading is time and consciousness, activeness, because without been time conscious trading can leads to negative aspect of it which is losing of capitals used in trading, and remember that not everyone that trades meet the opportunity of profit , because I understand trading as a perfect experience.

Botnake

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Quote from: Foxy1 on February 09, 2021, 03:56:49 PM

*Airdrops (this helps allot but be aware of fake ones too before participating)

Not sure if there are still people who airdrop bitcoin, usually, airdrop are for shitcoins and those who legit altcoins that you are require to buy or participate on their big event, and I don't think it really gives a significant amount though.

Quote from: Foxy1 on February 09, 2021, 03:56:49 PM

*BTC surveys

Same, you have to exert and effort to take the survey and ear a little BTC, probably sats only.

AakZaki

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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.
I have also been involved in crypto investing several times and did DeFi Farming for some really good projects that could generate some profit from them. There are many ways to earn income in 2021 if we are willing to try and learn.

Issa56

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There are different works which you can do to get money this 2021 depending on the kind of work you are into or depending on the method that pays you.
There are lot's of people that are into daily trading and is working for them they are making there money there but me personally I don't really like daily trading it those not work for me.
The best way I believe you can use to make money this year is by investment and bounty campaign, me personally the best way I believe I will make money with this year is by investing, there are lots of coins that are still very low for now that you can buy and hold I believe in the next few months you will be in profit already, even bitcoin self the price is still low for now you can still buy and hold for few months and see how you will be in profit. But before buying any coin always make sure you do your research first so that you won't end up buying the wrong coin.

Bitcoinislife09

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Quote from: Foxy1 on February 09, 2021, 03:56:49 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

Yeah, most of it works in the market if you're just starting in the market you could easily earn a good amount of profit with just a small amount of capital in your investment. Some Airdrops actually gives you a lot of profit but with a condition of maybe staking your coins in the exchange or in the platform. I've joined a lot of airdrops that earn me a good amount of profit easily by just doing the task and staking some of my coins the only thing is high fees in the network sometimes. But some airdrops are just luck most of the profit will come from daily trading and investing also.

nelson4lov

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Insightful list you've got. I'm not too picky with choices but I Bitcoin mining in 2021? Except one is willing to invest in good hardware and joining a good pool, I don't think its viable for now (I'm not a miner so I might be wrong). It's also worth noting mining difficulty has increased in the last couple of months. For DeFi, Its still too experimental so it's best to properly do some research before trying it out. For trading, one needs to at least acquire some trading skills like technical analysis and maybe some fundamental analysis skills too.

All are good ways but it requires a lot of efforts from the user's side for it to be successful.

souch13

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Quote from: Foxy1 on February 09, 2021, 03:56:49 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

Quote from: Foxy1 on February 09, 2021, 03:56:49 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

Where can you find BTC survey sites?

Foxy1

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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

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