Bitcoin Forum

Hi everyone,
I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.

I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?

I added $100 bitcoin more to my stash yesterday when I received my salary.

And I think that is the only safest way of keep increasing my bitcoin holdings because like you I don't want to lose any by trying trading and/or staking.

I do try and find work online to add more to it but it is almost next to impossible to find good paying work online unless you have incredible skills.

So, keep buying when you can and as much as you can afford to.

I wouldn't say airdrops, faucets or other ways to earn tiny amounts of Bitcoin cause that is no way to increase your stash as you earn little or nothing from them, and many a times they end up being a scam. If you want to increase the Bitcoins you have, then tbh, the best way is to earn money in RL and use it to buy more Bitcoin, you can adopt a strategy that works for you and maybe buy at intervals as you gradually increase your Bitcoins.

Having said that, another way is you have a skill and can render a service that pays in Bitcoin, that way you get to earn in Bitcoin and can hodl the coins you earn.

A lot of way.
If you have a capital at first, you could buy a good fundamental coins and invest on them, hold for a long time for big profits in the future.
You could also do staking coins, there are many platofrm available for staking right now.
If you have no capital at first, you could do airdrops or bounties that you could found on this forum

Thanks, I've noted your points sir....
I'm new here and still trying to get to understand more about Bounties and platforms to secure jobs with my skills.

btw what coins do you have now?
trading/investing is taking risks. there are many reasons for that and it is not recommended for new users [including myself] who do not have basic knowledge of Trading/investing.
if you plan to earn money without trading? then I suggest doing Farming/staking on coins that offer a large amount of APY %. for me this is good enough to at least get passive income. and it also depends on the time you specify/the modal you use.
correct me if i'm wrong

That's great that you have found this out. Indeed, trading is riskier than most (traders) would like to acknowledge.


If you hold bitcoin, as long as the price grows, the value of your bag grows. Of course, that's unrealized profit (virtual profit) and the actual profit happens when you sell.
If you hold altcoins too, I recommend you pay attention to them, since altcoin prices tend to drop on long term compared to bitcoin's.


Bitcoin is money. The best way to increase "your bag" is to buy more or earn more (usually by working for it). [But only invest what you afford to lose; Bitcoin price rises and falls, it can be risky and you have to understand that]

Then there are many scams, from HYIP (websites where you can deposit and they promise that get huge returns) or doublers (with lies like send me any coins and I'll send back the double of that) and most cloud mining sites. Again, those are scams and will make you lose money.

Then there are legit places where you can deposit and get some rather small interest/returns (some exchanges maybe, or even some faucets), but here we talk about small amounts, under 5% per year.
But here too, the "not your keys, not your coins" applies and you don't have 100% certainty that you will get your money back and the interest.

Faucets and other means of free money may also look interesting, but keep in mind that the amounts you usually get are so small, they mostly don't cover the electricity and time spent.

Mining needs expensive devices, so that is out of question.

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So the best way I know is to hold in your safe wallet and buy/earn more from actual work. Sorry to disappoint you.

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There are a few ways to increase your crypto bag but all of them have their own clauses

Staking - It's quite safe to stake and grow your coins but slashing would result in loss of stake
Investing - You can invest as much as you can in regular intervals but again you need to have that kind of money to invest in at the first place
Crypto jobs - You can do jobs and get paid in crypto but then you will need to have those skills to get that kind of job
Lending - It can get you more returns but the risk is all yours since people may run away with the coins.

My best choice here is staking but you have to choose a potential coin which does not depreciate in price over long term.

Holding is the best way to maximize profits without losing on trading. Im not saying its guaranteed profit but without thinking much or stressing out, this could be a good way to earn in the long run. For example you bought bitcoinx ethereum and dogecoin last year, then your already ripping a lot of profit now based on the price increase now. So basically its a safe and one of the best strategy on crypto.

Actually in the crypto world people have their own way of getting profits, one of which is as you mentioned Trading.

Your next question, you don't want to trade but you have some crypto besides Bitcoin and the core is profit, of course the benefits you can get by making long-term 'investments', you need patience in this case.

I remember my friend who was successful this year, he didn't trade but he made a long term investment in one of the coins (AAVE), In 2020 my friend bought Aave coins for $25 in 2020, at that time he only bought about 150 coins and he only needed to be patient for one year, right in May 2021 the price of AAVE coins jumped at $666 per coin.

From what I'm telling you, it can be an example and something you can do, the bottom line: you have to really choose the crypto you want to invest in, both in terms of market, demand, development etc., it is really you understand the best crypto.

Remember: the wrong choice of crypto you can be disappointed, right in the choice of crypto you can smile.

Yes, there are various ways to increase your bag without trading. The surest for me though is staking. And you don't just stake for the sake of it. You've to choose a viable and trusted exchange or means to do so. I will recommend you carry that out on Binance exchange, hoping that it has the coins you've on staking. You can get this on Binance exchange home page. Click on "More", it directs you to another page where you can see "Staking" under finance. If this isn't clear to you, you can quote me and I will do a screenshot for you.

Take a look at some historical values of Bitcoin. Check out what the coin was worth 1 year ago, 3, 5, or 10 years ago. Then imagine what that USD value would be today if you just bought it back than and did nothing else besides keeping it in your wallet. You can use What if I hodl (https://www.whatifihodl.com/historical-price-calculator.html) for historical prices for example.

Good choice. Trading is a profitable way of increasing your wealth, but only if you know what you are doing. Most people don't and they lose the little they had. I wrote a topic on that subject not that long ago. Check out What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How? (https://bitcointalk.org/index.php?topic=5362037.0) if you want.

What do you do for a living? If you have a job, can a part of your salary be in Bitcoin? If not, you can just leave a little amount from each paycheck and buy bitcoin with it. Do some freelance work and get paid in crypto. There are many possibilities, it depends on your skills and motivations.

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A part of the stake, yes. But not the entire bag of course. I remember reading about Polkadot a few months ago and they have such a slashing feature. It's applied both to validators and delegators, so you need to be careful who you delegate your rights to if you are interested in that kind of thing. Avalanche, for example, has no slashing feature. 

I use freebitco.in's interest program.

If you deposit 0.0003 Bitcoin minimum, you will earn 4.08% interest yearly, paid daily. So the more Bitcoin you deposit, the more you receive. I would advise you to stay away from their dice feature, which is very risky, you can also use their free bitcoin every hour feature, which pays up to 200$ of Bitcoins to your account every time you claim from the faucet.

Regards, excro  ;)

If you don't want to commit with the trading I guess one of the most ideal is to hold your assets and pull it out once the price is already suited to your ideal profit. Also like staking money, and having free tokens and assets to the airdrops. Again even though its already not trading still there's a commitment with the market volatility. It depends on how you will look at the coin itself.

Just hodl it man, yes you can earn even without trading by just holding your coins and wait for pump in the coming months, I think this is profitable strategy. In a bull market most coins goes parabolic but you need to have target price for you to earn in this market, you have to learn when to sell and have the best profit.

What kind of coins are you hodling in your portfolio? Are the coins among the top 100 altcoins on coinmarketcap.com? If they are not you better invest in the top 10 altcoins to see profits in the future. October, November is another bull run season of the year. You better not miss out on the opportunity

just buy a coin that you truly believe in and hold it for more than a year! easy

Yes, obviously. Whenever you have amount, invest them in best coin that are cheap or costly. We have staking system in many exchanges offering staking option for many coins. If you have already invested on the respective coin, follow the exchanges for more information on the same. Besides these, you can earn crypto currencies like BTC in this forum and hold them as long as you see a reasonable growth.

Best airdrops you can get is by using/supporting some new tech when it's just starting. As revolutionary tech seems to reward the people who were using it. (Uniswap, Paint, Immutable, etc). Of course it can be waste of time but like in cases of uniswap... Well we all know that went well.

Centralized platform aren't the best ways to store your Bitcoin. Any Bitcoin that you don't own the private key isn't your Bitcoin. The ideas of giving others your Bitcoin to recieve daily/weekly/monthly or yearly interest shouldn't be welcomed. All centralized platforms are vulnerable to hacks as they're been operation from a centralized server. Your Bitcoin should only be stored in your private wallet.

In regards to the question been asked, I second the suggestion of just holding. Many of us made that same mistakes when we started, we thought buying altcoins, trading etc were more lucrative than just holding Bitcoin (as it feels boring) not knowing we were making biggest mistakes. The altcoin might give you good ROI today but over a long period of time, they'll just lose value against bitcoin which is typically a waste of time.

Buy Bitcoin and go look for means of acquiring fiats so you can trade them for Bitcoin and stack up your bag because in the nearest future Bitcoin would be a more dominant currency and obviously that'll affect the price positively and you should be on the benefiting end as an early adopter (yes we're still early).

Thats it, literally funnel as much FIAT into Bitcoin, If you have a habit of saving
on a weekly or monthly basis in a bank just change to Bitcoin and HODL.

The last thing you want to do is take a risk and lose waht you have because
of lack of experience.

Stack Satoshi's at every dip and be patient.

Build you account here on the forum, it will take a bit of time and you could
get a chance to earn some Satoshi's, again patience is the key.

Find some money first and join IDO through polkastarter platform, you will earn bigger this way because there is nothing close to getting into a coin at presale price, also pull your profits when available and start buying few top coins like BTC and ETH, I add 50$ worth of BTC and ETH every week

Depending on your bag and the coins that you can always farm your coins and earn interest by using reputable protocols, if your bag is small dont expect much though, but that is a way to increase your coins in a 'mostly' lower risk way

Get a job secured and invest 20$ in BTC every day or week depending on your payouts, go for the one that's more convenient for you and see how big your portfolio will become in a year straight

There are a lot of ways to make your bag increase, it wouldn't be hard for you if you have a good amount of capital to start, you can invest in some NFT games and play it, those games are really profitable, such as Axie Infinity, PVU, DPET, actually, to be honest, my earnings in playing Axie Infinity is the highest so far compared on some other crypto activities I am doing.

If you are holding I think there's no way you can multiply your holding if you didn't sell what you have in profit and I think the best thing you can do is to add up some capital then buy some coin what you like to hold again. But if you are curious to know on how to trade better read the experiences of the traders here on forum since I'm sure you can learn from what they do and can apply it when you do trades on your own.

Aside from buying as what has been the safest of them. There are other things that you can do for adding crypto in your portfolio without trading.

Sell some of your stuff for bitcoin or any crypto you prefer.

Work for someone and offer your skills and ask the person to pay you with bitcoin or any crypto you prefer on your bag.

Hello, OP!

Your fellow newbie here is suggesting the best thing to do for you to grow your crypto bag without trading.


Considering that you are still new to crypto, I advise you to avoid trading, staking, and other risky stuff in the market. I'm not saying avoid it forever. What I'm saying is that these things are not for newbies. If you want to get into them, you have to familiarize the market first. You have to understand its dynamics. Only after understanding it that you could shell out an amount and take risks.

For now, it is better to spend most of your time working and setting aside a portion of it for Bitcoin. If you have vices and all kinds of unnecessary expenses, try to limit them and save the money for Bitcoin. It pays off.

As a newbie, you might ever hear airdrop and bounties or might not. That's a slight of another way to gain some profits in the crypto world aside from trading. Airdrop means you'll get some amount (usually a little amount) of the project's token by doing some easy tasks one time. Meanwhile, bounty means you do some tasks (medium to difficult) to gain those project's tokens (sometimes stable coins or well-known tokens) as rewards. Usually, the tasks need to be done in a long period (a month or more) and the amount of the reward depends on the quantity and quality of your tasks. You can sell your rewards and buy any assets that you want to add your stacks.

Isn't staking and lending the only way?

If you prepare some money to invest in crypto, you buy bitcoin at a current price or buy when the price is getting down, making you have more satoshi's to hold.
By holding your bitcoin in your wallet, you will have a chance to grow your money value in bitcoin day by day but you will also see reducing of your money value if the price is down.
But you do not have to worry because your money value will grow in the future so you will see that your profit will be bigger.
That is one of many ways you can grow your bag without trading and I think that is safe for you and other people who do not learn about bitcoin.

You could try out Arbitrary trading or staking. Arbitrary trading woukd be more safer since you need to acquire the technique to either trade spot  or future trading. In Arbitrary you only take advantage but of the slight difference in price across exchanges then make profit from it. You can also decide to stake or farm your coin

If you are a good specialist in a certain industry, you can try to get paid for your work in cryptocurrency. If this is not possible, you can convert part of your salary into cryptocurrency and thus become its long-term holder. But this will require knowledge and skills to make the right choice of a coin that has great potential to increase the price.

No, don't ver try trading if you don't ready and knowledgeable enough cos you will just lose your money.
I suggest you staking as the best strategy to use while you were still learning about trading. Although it was just a small penny return at least you are still earning and have no time wasted.

That is right...you need to be patient because learning trading will not happen in just one day but days, weeks, or even months. You will certainly reach your goal in a perfect time, only you need is to keep going and learning.

Don't make such move in this very volatile market since no one could actually tell what could be the price tomorrow and investing the money that you lent or borrowed is always not a good choice. Make it a practice not to do that move because it happens already in the past where most people sold their house, quit their good paying jobs, or borrowed some money but they didn't expect to happen that the bubble suddenly crush and all that's left to them is frustration while looking at their portfolio going down every day.

It's better if you can find another good paying job/side hustle in order for you to invest/add more to your Bitcoin portfolio.

There's this fiat saving style that is done in my country. People refer to it with different names such as osusu, akawo etc. It is generally a model where a fixed number of persons (for example 10 persons) agree to contribute a fixed sum daily/weekly/monthly depending on the agreement. After every one contributes, the money is gathered and given to one of the participants, that is 1 participant from one example collects the contribution of the other 9, If the contribution runs for 10 weeks, at the end of each week, another person collects every body's money and then he/she contributes for the next week for another person to take. People use this model to save fiat for themselves, if we can apply this model to cryptocurrency, i believe it is a way to grow your crypto Portfolio.

They only challenge to this is the issue of fluctuating rates, which i believe a solution can be put forward to.

Safest option is to find a good DeFi project that will allow you to loan your assets and gain interest from the loan, that way you won't lose them from bad trades. Also, some projects will reward you with their governance token in addition to you gaining interest from your asset loan as well. Hard to lose when using these platforms!

Immediate you store your Bitcoin/coins on platform that take over control of your Bitcoin, then you don't have any Bitcoin obviously until you get them back under your full custody (in personal wallet) again. Haven't you heard of the phrase, 'not your private key, not your Bitcoin'.

The safest option to increase your bags without trading has already been said in the first reply been merited above. You should just be buying more Bitcoin with fiats but the problem here should be how to get more fiats, that you have to sort out yourself.

Defi aren't no safe option buddy, they're getting exploited every now and then and the chances of this project exiting scam are high and in the next bear market which is coming soon, 90% of them currently in the market will die down or lose their trading volume due to the sector losing hype.

Of course staking and lending are not the only way. I think you need to try the p2e NFT gaming mode where you'll get more substantial profit.

Get a job or a skill work that pays. don't do bounties here. they pay peanuts and you can't make anything from it. find something that can pay you offline. then invest a little percent of it in bitcoin and ethereum. Or any of the token coin in the crypto market. it will surely payoff in the long run. be careful of where to invest your money to avoid buying the wrong token. Note, there are duplicates and some coins are fake.

Without trading or investing in crypto if you want to full your bag then the only way is work for crypto/bitcoin. If you have any skill which is done by internet then You can sell your service here in this forum. Also you can do bounty or signature campaign which help to earn a little bit without trading. But this needs your account atleast Jr member.

Well, when it comes to increment, it's always either in value of what you've got with respect to fiat value or actually accumulating more bitcoins which is also reflected in the fiat value. Which eve way it is, its important to note that, there is always risk in business. Should you think of actually doing business which revolves around trading, gambling and other means, you've got possibly something to loose but again, should you be a merchant, you could open a window to receive payments in bitcoin. On the other hand, you could either choose hodling on investments and actually buying more coins from time to time. It feels a lot more safe that way but then, you must try not to sell. That's the whole point of hodling and should you meet with a job that pays in bitcoin, its all good.

The stage at which you buy a new coin is very important. And if you invest on a private round or seed, that you have better conditions for buying than those who buy a coin on a public round or on the exchange after TGE. But you should always remember that not all coins bring profit to their owners, so you need to distribute your funds evenly between several projects.

One more way to increase your btc holding without trading is to HODL. Just keep your btc in your wallet and sell them only when price goes up. That's a tested strategy that has very low risk involved, obviously it will take time as compared to trading strategy.
OP account is low for bounty, may be he can start some service here like lending coins or staking his coin can also increase his btc holdings.

Growing your cryptocurrency bag is all about determination, courage and patience. This is best done when you are not depending on your capital , you have other source of income where money is coming . You can but a coin hold it for sometime to get  some cool profits.

Growing your bag is not instantaneous especially if you are have interest in making big profit consistently. Any way you choose to follow be it trading , holding, staking or what other method you adopt you still need to learn how to get the best out of which ever you choose. But the most difficult is trading but once you are passionate about what you do it could be the easiest to you. First get to know how each of them works then find they method that interest you most

Currently, this is the best way to increase your crypto bag because right now mostly having air drops or any other unauthentic method is not helping just waste of your time and energy we need to avoid them and having some better way just give services with skills or buy crypto with your savings and put them for some time because this can give you good profit in near future.

They're many ways to earn profits without trading, I'll list out some ways I've benefitted from.....

1. Staking and Lending
Staking is more like holding, it is when you purchase coins but do not make use of them, you just hodl them and watch it grow over a period.
You can choose to lend coins to many other investors and make profits from the interest charge.

2. Forums that promotes crypto
They're so many forums and application that promote crypto, you could engage your self in task given.

3. Investing
This is a long term strategy used to buy and hold crypto assets. The investing strategy requires that you're able to identify assets that are stable and that will serve long term purposes.

4. MINNING
When you mine crypto, you get a chance of getting more coins.

5. AIRDROPS
Being part of an airdrop can fetch you plenty coins, airdrop is used to create awareness.

If you don't have any capital then you don't have a choice to take this option since you will not grow your bag hold if you didn't try your luck to join on any of those, but other option other should take is to take some job which pays you a crypto you desired or by token on some project newly launch although its risky not to get paid but make sure you deal with right clients so that you will get compensated on the effort you do.

i think the only way to grow your bitcoin amount without trading is investing for a long time,if you dont have good trading skills then holding your good coins and focusing on that,maybe the best thing you can do or at least  thats what i see , thats less risky  and also ROI ( returns of investments) is much better than daily trading.

Yes there are many techniques to increase your wealth without trading like buying a coin and then holding it for certain period of time (hodling). There is another technique called DCA dollar cost averaging where you keep buying satoshis for a day, week or month.

https://dcabtc.com/

Yes, in the DCA (Dollar Cost Average) method, hodler will undoubtedly gain the most. It is one of the best methods, although many people do not like it because it requires patience. When I first started investing through this DCA method, I also thought it would be challenging to make regular weekly investments, but with time I found that it was very interesting and profitable as well.

I agree with you about the DCA to be the best strategy to increase crypto portfolio and it is also good to make profitable investments either. The reason most people in the crypto ecosystem don't like the strategy is that they are impatient or into the crypto investment scheme for quick money and there's no way to make the best profit in crypto if you cant hold.

Staking and farming is two other possible ways by which you can grow your crypto bag without necessarily trading and mind you everyone must not trade. Holding is also a possible way to earn but yuu have to consider how you react to the market when it dips and how patient you can be for new bullish run