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Author Topic: How to grow the bitcoin you have?  (Read 749 times)
Mpamaegbu
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July 31, 2023, 06:21:20 PM
 #121

How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
If you're a greenhorn in trading, the proven low risk method to grow your Bitcoin would be simply to hodl in a safe wallet you have its Pkey or complete control. For anyone who doesn't understand jack about trading at a time like we've now, they got in here at the right time. Just buy Bitcoin and wait for its mandatory rise in price as halving draws near. Wait and then take profit after 2024. Thereafter, buy back after the rally.

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Mame89
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July 31, 2023, 06:39:48 PM
 #122

How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Of course, increasing bitcoin by gambling is not the right choice because it is very risky, and most likely you will lose what you have now. Granted, all attempts to capitalize on bitcoins come with their own set of risks, such as trading and lending, but compared to gambling, the risks are minor. Especially if you are still a beginner, it's a good idea to find ways to minimize risk by investing and trading while continuing to learn knowledge and skills so that you get high opportunities to increase your bitcoins.

For me, and it's been proven, one of the best ways to increase the bitcoins in your portfolio is to continually increase your earnings so that you can allocate more of your income to buying bitcoins using the DCA strategy and keeping them in a wallet that you can control yourself because in a way it's lower risk. One more way to add Bitcoin is to take part in a signature campaign that is paid for in Bitcoin, but considering that your account is still a jr member, you have to work hard first to increase the ranking of your bitcointalk account.

R


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Doan9269
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August 01, 2023, 01:12:40 PM
 #123

(1.) Invest
It would be best if the OP invests for the long term.

Long time investment is good as well as the short time investment if he can go on bitcoin trading as long as he knows how to do about it, some people already have the trading experience and can go trading but the fund to begin is what they lack, bitcoin invested is profitable on either of the means, where we are all arriving at is to make an additional increase upon what we already have to sum up our bitcoin holding through the investment made.
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August 01, 2023, 02:33:19 PM
 #124

How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.

You can't possibly grow your Bitcoin without buying Bitcoin, I mean yes you could potentially earn a small interest when you HODL your Bitcoin on some exchange or something like that, but the claim most of the time wasn't really worth it considering the risk you're getting when you HOLD your bitcoin on their platform.

There are some ways you could possibly grow your Bitcoin something like day trading is going to be great if you're into cryptocurrency, but it is risky if you are not updated on crypto. I guess the best way was just to invest in Bitcoin, you could do dollar cost averaging and buy Bitcoin every month or weekly with that you could save Bitcoin and grow it to position for the upcoming Bullrun, that's probably the best way since for sure proven to be a low risk  Grin but you need funds or something like a salary. I mean I wouldn't really recommend gambling at all because it was just too risky and you could easily get addicted to gambling that just means putting your Bitcoin at risk way riskier than just buying or holding your BItcoin.


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August 01, 2023, 08:26:52 PM
 #125

How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Offer your services and get paid through Bitcoin. You can also receive payment using other methods, and then you can simply buy Bitcoin and hold onto it.  Other than that, there would be risks that you'll lose some of your bitcoin investments, like when lending them. Wherein some borrowers might not pay you.
If you have great skills in crypto jobs, you can actually make it as a side hustle and receive compensation through bitcoin. Also, participating in signature campaign will help to earn bitcoin as well. And the most common strategy to grow your bitcoin, is to accumulate and hold it for long term. Though there is risk in investing, but it’s a good option to grow your bitcoin if you are knowledgeable and patient enough to understand the market volatility.

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Vaculin
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August 01, 2023, 09:56:44 PM
 #126

Everything that you do when it comes to bitcoin may always involve risk. Except if you got a job and get paid with bitcoin, well there’s no risk in it. But if you decide to accumulate bitcoin and invest it for long term, well risk is already there. However, as long as you hold your bitcoin for long term and only sell it when there are possible profits, you can always grow your bitcoin by buying back again from your profits when the market is facing a bearish market. That way, you can maximize your bitcoin purchase when their prices are cheap and affordable.
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August 01, 2023, 10:46:06 PM
 #127

How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.

You can't possibly grow your Bitcoin without buying Bitcoin, I mean yes you could potentially earn a small interest when you HODL your Bitcoin on some exchange or something like that, but the claim most of the time wasn't really worth it considering the risk you're getting when you HOLD your bitcoin on their platform.

There are some ways you could possibly grow your Bitcoin something like day trading is going to be great if you're into cryptocurrency, but it is risky if you are not updated on crypto. I guess the best way was just to invest in Bitcoin, you could do dollar cost averaging and buy Bitcoin every month or weekly with that you could save Bitcoin and grow it to position for the upcoming Bullrun, that's probably the best way since for sure proven to be a low risk  Grin but you need funds or something like a salary. I mean I wouldn't really recommend gambling at all because it was just too risky and you could easily get addicted to gambling that just means putting your Bitcoin at risk way riskier than just buying or holding your BItcoin.



I stake most of my bitcoins on Kraken, the APY is very low (0.75%) but it is so easy and and you can always unstake your BTC almost instantly when you want to sell it, so I don't see any risk in it. Other ways to increase your amount of BTC without investing, is participating in faucets, doing tasks (like fiverr), start writing articles, ... Granted they will all take time and the rewards can be minimal.



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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August 04, 2023, 03:15:05 PM
 #128

How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
First of all you have to understand that the risks about Bitcoin and have sufficient knowledge about it before starting. Growing Bitcoin requires serious observations and monitoring. This will help to know when you're making progress. But some others just invest theirs on a crypto platform and leave it to grow which is not very advisable. Take out time to observe it everyday.and you'll be surprised how much growth you'll get👍
[quote/]
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August 04, 2023, 03:27:17 PM
 #129

Everything that you do when it comes to bitcoin may always involve risk. Except if you got a job and get paid with bitcoin, well there’s no risk in it. But if you decide to accumulate bitcoin and invest it for long term, well risk is already there. However, as long as you hold your bitcoin for long term and only sell it when there are possible profits, you can always grow your bitcoin by buying back again from your profits when the market is facing a bearish market. That way, you can maximize your bitcoin purchase when their prices are cheap and affordable.
that's an easy overview of long-term Bitcoin investment. but for beginners, of course, you have to understand the concept of long-term investment first. many of them are impatient and cannot take advantage of the moment that exists in the market.
most would say it is very difficult, but actually, new investors do not have the patience and better planning in the investment they make. they believe Bitcoin will not be a scam. but they forget to believe that when the market goes down, there will be an up-market condition. and vice versa.



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August 04, 2023, 04:12:16 PM
 #130

Growing your Bitcoin can be approached in different ways. You can learn about Bitcoin, how it works, understanding the market trends, and various investment strategies. This can help you make good decisions.
Rather than trying to time the market, consider investing a fixed amount of money in Bitcoin at regular intervals. Bitcoin's value has historically seen substantial fluctuations in the short term. Taking a long-term perspective can help you endure market volatility and potentially benefit from its growth over time.
Also, you should ensure you have a reliable and secure wallet to store your Bitcoin. Place an emphasis on security measures like two-factor authentication to protect your investment from potential hacks or theft.
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August 04, 2023, 09:56:15 PM
 #131

Growing bitcoins is possible, yes , I mean , very possible. However it will take a very considerable number of years, only if you will be patient.

There is one way to grow your bitcoins, buy low and sell high. Buy when the price is low, sell when the price is high to your satisfaction, this process can be repeated in several occasions and it will help your bitcoins to grow. This is far from trading. Selling high may be after a month or a year or 4 years . This mechanism is slow but can make you acquire more BTC.

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