Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: shivamtrivedi9090 on January 08, 2021, 10:15:40 AM



Title: How One Can obtain bitcoins?
Post by: shivamtrivedi9090 on January 08, 2021, 10:15:40 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??


Title: Re: How One Can obtain bitcoins?
Post by: mocacinno on January 08, 2021, 10:28:34 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??

There are pro's and con's for each of these methods... Hard to say which one is fasted, safest, most beneficial... If there was one super-method, everybody would be using it and the other methods would hardly exist. In the end it's about finding a purchase method that suits you.

Exchanging on an exchange, paying by wire: if you stick to the biggest, regulated exchanges this could be pretty fast (depending on how much time it takes your wire transfer to be registered). Expect full KYC. Wether or not it's beneficial depends on your trading strategy and how the market is behaving, aswell as the fee structure of the exchange

Exchanging on an exchange, paying with credit card: if you stick to the biggest, regulated exchanges this is fast. Wether or not it's beneficial depends on your trading strategy and how the market is behaving, aswell as the fee structure of the exchange. Also: full KYC

Exchanging P2P: better for your anonimity, can be really fast (cash to BTC P2P for example). Usually the sellers do take a little larger profit margin, but sometimes deals can be done. Do realize you're going to somebody you have never met to exchange fysical money in your pocket against BTC. Story's of people getting robbed are not unheared of.

Buying BTC on one of those instant non-KYC websites: usually pretty fast, sometimes less secure, usually more expensive

Accepting BTC as payments: could be fast if you make a lot of sales... Could be nonexistant if you have no customers (or if your customers don't want to use btc). Can be expensive and insecure (if you use bitpay for example).

Mining: this is actually running a big business. If you have dirtcheap electricity, have a good deal with a hardware provider, have cheap labour costs, have a good warehouse to store your ASICs, this *could* be fast, safe, anonymous and profitable... But if you don't know what you're doing, or if you don't have a lot of investment money, or if you don't have cheap electricity,... you could be mining at a loss in no time...


Title: Re: How One Can obtain bitcoins?
Post by: Fesatmas on January 08, 2021, 12:17:40 PM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.



based on the three points of choice, which one can you achieve and do at this time?
for example, instead of you waiting a long time to mine, even though by buying on the exchange you can do it right away.
make that decision by comparing all the advantages and disadvantages.


Title: Re: How One Can obtain bitcoins?
Post by: Amon1231 on January 09, 2021, 12:49:49 AM
One can obtain bitcoin in many different ways, by mining, accepting bitcoin as payment, trading, buy and sell and many more.


Title: Re: How One Can obtain bitcoins?
Post by: mk4 on January 09, 2021, 03:58:39 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??

It's like asking what's the fastest way of earning money. Obviously there's no sort of "best answer" to this question as it's going to be totally different for each person. Some people prefer accepting BTC payments, some people prefer mining it, some people prefer starting a typical business and just use their income to buy bitcoin, some people prefer getting a job and just use their wages to buy bitcoin, some people prefer trading, etc. Completely up to you.


Title: Re: How One Can obtain bitcoins?
Post by: KennyR on January 09, 2021, 04:16:21 AM
Everything depends on the way you take forward. There are local exchanges, where you need to provide KYC and then make buying with the payment option provided. With standard exchanges you get access depending on the level of KYC fulfilled. There are service providers on our forum who help with exchange of bitcoin for PayPal and other payments with the help of escrow. More ways are open infront of you, and it is purely your choice you to find the right one and benefit out of it. Mining is a big process where a capital investment, electricity, location and market progress need to be good.


Title: Re: How One Can obtain bitcoins?
Post by: Lorence.xD on January 09, 2021, 04:27:34 AM
It's like asking what's the fastest way of earning money. Obviously there's no sort of "best answer" to this question as it's going to be totally different for each person.
There is no fast way to earn anything, you have to grind and work hard for it. As the quote above says, it is a matter of perspective.

One can obtain bitcoin in many different ways, by mining, accepting bitcoin as payment, trading, buy and sell and many more.
Don't forget that some signature campaigns are also a way of obtaining bitcoin.


Title: Re: How One Can obtain bitcoins?
Post by: pooya87 on January 09, 2021, 05:20:45 AM
The best way will always be treating bitcoin as a currency which is  the same as receiving it as payment/salary. You won't have the hassle of exchanging your fiat to bitcoin, going through KYC, risking getting hacked on some centralized exchange and losing your money, paying a lot of fees,... it also doesn't have the hassle of other methods such as mining that require an initial investment and the know-how of that operation.


Title: Re: How One Can obtain bitcoins?
Post by: Broly46 on January 09, 2021, 05:27:21 AM
You can also use your hacking skills, donation skill, ICO, faucet, airdrop, confiscation, to obtain bitcoin, it’s questionable approach but it work.  For a nice guy, buy it directly from the exchange is the always go to approach.


Title: Re: How One Can obtain bitcoins?
Post by: michellee on January 09, 2021, 06:30:23 AM
Buying bitcoin at the exchange will be a fast way to obtain bitcoin, and you do not need to wait for a long time to have bitcoin. You can buy bitcoin at any price or only buy bitcoin when the price is down. But if you need to wait for a while to see the price is at a lower price. I think $39k is a good price to buy bitcoin, so that you can buy it now.


Title: Re: How One Can obtain bitcoins?
Post by: irixo10 on January 09, 2021, 07:51:31 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??

The fastest and most beneficial resources of obtaining Bitcoin will depend on different case scenarios, your capacity and on what you want to achieve. Before buying on exchanges, you will need to have another crypto which you can sell to Bitcoin then withdrawing to your personal wallet or if your country is supported by some exchanges like Binance, then you can get your Binance account verified thus buying Bitcoin with your credit card. Secondly, accepting Bitcoin for payment is also good but you will have something that the person will buy and also, you will need to be in a location where Bitcoin is accepted and people knows about Bitcoin for easy buying and selling. And lastly, using mining will warrant you to owing mining rig, and also if the cost of energy is cheap in your location then it will be beneficial to you but if it is not, you might run at loss.
These are different case scenarios, thus the one I find the fastest is buying from exchanges as you have two options, buy Bitcoin with your credit card or buy with another crypto like Ethereum.


Title: Re: How One Can obtain bitcoins?
Post by: Casdinyard on January 09, 2021, 11:10:44 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??
Depends on one's expertise and preference. Some are not interested on doing bounty campaigns so the best way is to invest thru exchangers which is less complicated. Some are into mining but to countries wherein electricity is expensive, such method is not advisable because it would be costly. Also, you'll need a powerful set up in order to make mining more profitable. Bounties on the other hand is a good method but difficulty is higher than before. I am pertaining to bounty requirements nowadays. Merits are now a huge factor in order for a user in this forum to be accepted as well as forum rank. Unlike before wherein there are numerous campaigns at the same time which is capable to accept more users making it a profitable method in order to earn Bitcoin or other cryptos.


Title: Re: How One Can obtain bitcoins?
Post by: acroman08 on January 09, 2021, 11:39:02 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??
none. even scamming people for bitcoin takes time. and earning bitcoin depends on you. just like you said "there are different ways by which we can obtain bitcoins" all you have to do is think how you can earn or where you think you can earn bitcoin and do it.


Title: Re: How One Can obtain bitcoins?
Post by: cr1776 on January 09, 2021, 11:45:26 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??

If you have the fiat the fastest way is to buy bitcoin.  If you have marketable skills, then earning money and then using it to purchase bitcoin is reasonably fast (pretty similar to getting paid in bitcoin).  If you have products to sell, maybe you have a farm, or a manufacturing plant, you can sell them for fiat or bitcoin.  Mining will require miners which will require money to purchase and to pay for power.

The short answer is: what is the fastest way to earning money unless you already have money to invest.


Title: Re: How One Can obtain bitcoins?
Post by: ChrisPop on January 09, 2021, 11:47:24 AM
I'll provide a somehow simpler answer than my bitcoin comrades here.

You can earn Bitcoins pretty much the same way you would earn fiat currencies. Alternatively you can earn fiat and exchange it into BTC.
To earn, you need to find a way to add value to the economy. This can be done through time or money investments... or BOTH.
You bring value to someone else = You receive some kind of compensation (unless you're working with scammers)


Title: Re: How One Can obtain bitcoins?
Post by: verita1 on January 09, 2021, 12:01:31 PM
Buying bitcoin on a recognized exchange is the best way. It has its advantages for being fast, safe, fair price, technical support and other benefits.
P2P exchanges are also good but they are not as fast as global exchanges.

Some wise advice do not trust your money to websites that offer to give more bitcoin for your money, they are usually scams.


Title: Re: How One Can obtain bitcoins?
Post by: samputin on January 09, 2021, 01:40:16 PM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
based on the three points of choice, which one can you achieve and do at this time?
~
That's one thing to consider. "What can you do at the moment?" Do you know how to do any of the options you said? If yes, then you should choose that to obtain bitcoin. Like me for example, the only thing I can do this time is accept btc as payment because I'm part of a signature campaign. And that's how I accumulate such. Surely, others have their own way of earning. Thus, obtaining btc varies from person to person.


Title: Re: How One Can obtain bitcoins?
Post by: jasonjm on January 09, 2021, 01:52:35 PM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??

Chose the method that suits you and that will be your fast and beneficial source of obtaining bitcoin. Obtaining bitcoin from exchanges is, in my opinion, the fastest. For this, you have to youse your credit card, or exchange other tokens (if you have) for bitcoin. A certain website that provides P2P services which are also very fast. Accepting bitcoin as a payment method for your services will be a bit slow because that might limit your clients as only those clients will contact you who have bitcoin available in their wallet.


Title: Re: How One Can obtain bitcoins?
Post by: pecson134 on January 09, 2021, 02:12:06 PM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??

If you want an immediate profit in just a short span of time, then you need to invest money and you need to risk it for you to have a chance of having a big ROI in the end or you can sell you skills online which use a lot less of money. Otherwise you may try a non risky to low risk and without any investment by doing some signature campaigns or faucet(which is not recommended since it takes so much time for a few bitcoins it gives)


Title: Re: How One Can obtain bitcoins?
Post by: jademaxxiss012 on January 09, 2021, 02:18:59 PM
Buying bitcoin in an exchange is the fastest way to obtain bitcoin. But if you want free bitcoins then there is another way to obtain bitcoins depending on your luck. Hacking bitcoin wallets is one of the fastest way to obtain free bitcoin. You just need to find ways on how not to get caught when you do hack someone's wallet. And in the world of cryptocurrency smaller amount of money is harder trace than high value bitcoins.


Title: Re: How One Can obtain bitcoins?
Post by: OscarDavidson on January 09, 2021, 02:26:32 PM
I've tried almost all of the existing methods of BTC receiving. I have been mining for a while but I figured out you need to have nice and modern equipment with a high level of computer power to get a higher profit.
However, there a lot of platforms that provide you the services of P2P exchange with a bunch of different payment methods you can use to transfer your funds and receive BTC. As for me, this way of BTC obtaining is pretty easy and anonymous but it still has some risks like scam services e.g.
I prefer using exchanges and instant exchange to BTC. I use only regulated platforms that have bank transfer methods I can use to top up my account like Swift (wire) either Faster Payments. Usually it doesn't take longer than a few hours for me to get some BTC this way.


Title: Re: How One Can obtain bitcoins?
Post by: ChrisPop on January 09, 2021, 02:36:31 PM
Buying bitcoin in an exchange is the fastest way to obtain bitcoin. But if you want free bitcoins then there is another way to obtain bitcoins depending on your luck. Hacking bitcoin wallets is one of the fastest way to obtain free bitcoin. You just need to find ways on how not to get caught when you do hack someone's wallet. And in the world of cryptocurrency smaller amount of money is harder trace than high value bitcoins.

Let's not promote immoral behaviour. Hacking someone else's wallet is similar to stealing cash from a person in the street.
Money is not what makes people happy and especially if you steal it I guarantee you won't feel any better. Think long term and not short term. As I said the best mindset when it comes to earning money is "How do I create more value for others"?


Title: Re: How One Can obtain bitcoins?
Post by: shoreno on January 09, 2021, 02:42:49 PM
bitcoins ? that must be alot of bitcoin/'s but dont you know that its hard now to earn even 1 bitcoin or half of if but why not say satoshis instead as that is more easier especially for a begginer like you .

mining isnt fast but buying or recieving btc as payment can be subjective , they can also go slow but not slower than mining of course but all three are beneficial because you are going to get a btc once succesfully done however i can only recomend buying as its much easier .


Title: Re: How One Can obtain bitcoins?
Post by: kamadazje on January 09, 2021, 03:03:22 PM
Aside from that, you can also obtain bitcoin by bounty hunting and providing services then accept payment via bitcoin. Bounty hunting will take some months before you can earn a good amount of money if in case you will be able to participate in a right project.

So providing some services is the best option here if you want to earn some free bitcoins without buying it to exchange or do some mining. If you have some skills then you can use it like coding, translation, essay writing and etc.


Title: Re: How One Can obtain bitcoins?
Post by: Conley on January 24, 2021, 08:36:43 AM
The easiest and fastest way to obtain bitcoins instantly is to acquire it from market.


Title: Re: How One Can obtain bitcoins?
Post by: CreativeCoin on January 29, 2021, 10:08:19 PM
There are many ways to get BTC, which one is better? It is not known what options will allow you to purchase it on exchanges. Others have the opportunity to purchase it through the implementation of various services, spending time on this, some have no such opportunity at all. One way or another, the method of obtaining it must be chosen for yourself by trial and error. And after that, choose what is more convenient for you and better suited to get it BTC


Title: Re: How One Can obtain bitcoins?
Post by: CODE200 on January 29, 2021, 11:12:21 PM
The easiest and fastest way to obtain bitcoins instantly is to acquire it from market.
Precisely.
It does depend to where you are comfortable with. Interest is there already and you only need a way in order to acquire an amount. There are already good suggestions in this thread and also to other topics concerning the same, in this forum in which you will be able to get knowledge from. Just to add, if it is not yet mentioned, airdrop could yield to free money but I'm not sure if this is still profitable at this moment, since the time or year wherein I experienced such method to be profitable is during 2017/2018 . But you are free to read about it and try it yourself. But if it is the easiest way you are looking for, that is indeed correct, try investing into it.


Title: Re: How One Can obtain bitcoins?
Post by: panganib999 on January 30, 2021, 12:50:55 AM
There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??



The simple and easier way to obtain bitcoins is exchanging your fiat currency for Bitcoin. That is buying bitcoins on any platform selling Bitcoin. You just have to find or identify the platform that you are comfortable buying the Bitcoin from. There is no free way of obtaining bitcoin, you just have to pay to get one. Mining bitcoin is not a good way of obtaining Bitcoin.

There are lot of differenr ways to earn bitcoin as of now. Many people would prefer to find aome ways to earn or make profit by bitcoin or in general, cryptocurrency because they believe that it is a very big thing today. One of the best way to earn bitcoin is to join in signature campaigns here in the forum. Back in 2017 when I first got into cryptocurrency, the thing I did was joined here in forum or campaigns. I able to earn a good profit because bitcoin was very low that time and I experience to have a all time. Bitcoin have reached its new all time high value And I believe it will break its own record aomeday in the future.


Title: Re: How One Can obtain bitcoins?
Post by: MCobian on January 30, 2021, 01:40:33 AM
If you have a lot of money, the fastest way to get Bitcoin is to buy it on reliable exchanges. Because currently several exchanges support buying
Bitcoin using fiat. I myself get Bitcoin by buying it on a local exchange that does provide fiat pairing for my country. So I only need to deposit fiat
at the local exchange, after that, I just have to buy according to the money I have. The process is very fast, the problem is if we want to get Bitcoin
without spending money. Can find a job that does pay Bitcoin, or there is something easier, namely getting Bitcoin from faucets. But the amount
we get is certainly not worth the time we have spent.


Title: Re: How One Can obtain bitcoins?
Post by: Waltmart on January 30, 2021, 01:43:22 AM
Bitcoins can be gotten from multiple points of view, every one of which is totally not the same as each other. However, exchanges are by a wide margin the most well-known approach to get bitcoin. Exchanges are platforms that permit users to buy cryptocurrency for an alternate mechanism of exchange,  usually fiat currency.


Title: Re: How One Can obtain bitcoins?
Post by: Kudrowet on January 30, 2021, 01:53:31 AM

I think the most commonly used method is to obtain through trading.