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Author Topic: How Do You Make Money With Bitcoin?  (Read 782 times)
Tony.waxx (OP)
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December 25, 2019, 07:23:19 PM
 #1

1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
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Maotezi
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December 25, 2019, 07:58:45 PM
 #2

I don't hold bitcoin right now and I'm not mentally ready to hold bitcoin.
No one will answer "no" to the first question, since it is in everyone's interest to buy bitcoin at the lowest possible price and sell as high as possible.
In order to be a Btc Hollder who has a profit, you have to keep bitcoin in the long run in order to take profit, or have experience and then shorten that period.
Or maybe you're just lucky.
And you need to know that it is not always the best time to get bitcoin when its price drops, perhaps it is a sign of bitcoin's decline.
But if the price goes up, don't always think it's a bad time to take it, you might be sorry later if bitcoin reaches an incredible price.
DarkDays
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December 25, 2019, 08:04:33 PM
 #3

There are plenty of ways to turn your Bitcoin into more money.

1. You can invest in the bankroll of casinos like crypto-games.net and a variety of others
2. You can loan it out using P2P lending sites like Nexo
3. You can stake your cryptocurrencies on proof-of-stake networks like Tezos (XTZ)
4. You can purchase a masternode for something like DASH (risky and expensive)
5. You can purchase dividend-yielding tokens.
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December 25, 2019, 08:21:20 PM
 #4

1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I'm not a trader. I tried trading a couple of years ago, but it did not work out. I did not lose much, fortunately, but I did not win either. I am a holder in some sense, yes, but the price has been largely stable for more than a year, so I neither lost nor won much out of it. I once lost quite a lot when I did not sell at ATH but sold later gradually because the price was not going up and I needed money. I profited nicely on other cryptos, though, such as Ethereum and Litecoin, but that was a long time ago (they both cost less than $20 back then, and I was lucky to buy and sell at a way higher price).

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betty11
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December 25, 2019, 08:29:06 PM
 #5

Unfortunately, I loss all my bitcoin to dead altcoins. I was hoping to make huge profit and accumulate bitcoin, never knew developers were planning to dump and kiss date goodbye. I just trade some good altcoin foe now.
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December 25, 2019, 08:48:56 PM
 #6

When you want to make money out of bitcoin you should not consider it as a way to earn. It is good to do invest for long term profiting. Even now it is good to invest in altcoins as thee is much deep fall in the price. To earn out of b.

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Chrystora123
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December 25, 2019, 09:18:30 PM
 #7

2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
besides I do this (HODL Bitcoin for a long time until profit), I also make money from mining, I sell several Satoshi to buy mining equipment.. the cost of electricity in my city is pretty cheap, so I'm still able to make money under the current conditions.

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December 25, 2019, 10:51:34 PM
 #8

1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?

I used to do daily trading. But most of the time I find it difficult to make profit because of price fluctuations of bitcoin.

2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.

Yes, much safer strategy specially if you don't like to be a full time trader. You can buy during dips and stash bitcoin in your wallet. Others have a goal to have at least 1 BTC, but if you can save more, much better.
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December 25, 2019, 11:09:07 PM
 #9

There are plenty of ways to turn your Bitcoin into more money.

1. You can invest in the bankroll of casinos like crypto-games.net and a variety of others


This opportunity became rare this days, afaik crypto-games itself closed public investments some time ago, and other gambling sites did it too. It was a nice way of getting profit from your coins - the returns weren't big, but they were relatively consistent, however, if your goal is to get more fiat, then it's risky since it's essentially investing in Bitcoin for long term, and not everyone is ready for that.

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December 25, 2019, 11:09:27 PM
 #10

How do you want to make the money, you don't specify this. It is through trading, airdrop and bounty or faucet?

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December 25, 2019, 11:35:10 PM
 #11

sometimes I trade but not every day, when the trend is down, it's certainly not profitable to trade bitcoin, I used to also invest in cloud mining, but not anymore because most cloud mining ended up disappointing, even many are scams.
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December 25, 2019, 11:39:57 PM
 #12

Hodling requires lots of patience and it can even take as long as 3-4 years for one to achieve their target. As for me, i do day trading more particular Margin Trading. It's a very risky venture for a beginner but having been in the game for a while now, I know what to do and how to make the best out of it.

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December 25, 2019, 11:40:24 PM
 #13

1. I trade Bitcoin, just like the old saying goes, buy low, sell high but nowadays, price of Bitcoin moves very little to profits is small as well. I don't trade long term.
2. I earn through signature campaign. Weekly I am paid by promoting the dice site as shown on my signature. Its not as easy as you think because you have to be a responsible poster and not a spammer.
3. I sell items and get paid in Bitcoins. Depends on what kind of item I can sell but of the time physical coins.
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December 25, 2019, 11:56:52 PM
 #14

Not really sure who I am, just a BTC holder or a weekly/monthly trader. But surely I'm not a daily trader since I usually trade/sell my Bitcoins weekly or monthly. Mostly I spend time to monitor the BTC price daily, wait for the decline time and analyze the next trend. I will decide to buy if it is likely to come an upcoming green season. But just holding existing Bitcoins if I am not really sure about the next market trend.

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December 26, 2019, 01:52:03 AM
 #15

1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I just hold my bitcoin and sell it any time i want or need .
I already holding it for long time so even the price right now is low i am still in profit compared to the price i buy and earn it.
Daily traders is those who want to risk thier money to earn small profit daily and i am not part of it.

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topbitcoin
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December 26, 2019, 01:57:26 AM
 #16

1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.
I'm daily trader before, but now i am only hold bitcoin that i get from bounty campaigns and now i earning bitcoin from signature campaign. For daily trading maybe not yet because market sometimes really can't be predicted. That is why for now i am better to be bitcoin holder.

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joinfree
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December 26, 2019, 02:18:54 AM
 #17

I do trade with my bitcoins but i go in for margin trading on Bitmex where i get to place x10 leverages with my trades. It's pretty scary sometimes and you can have all your asset liquidatee if your price  prediction  is not hit. I also invest into low cap coins who have a future and wait for theeir price to rise at least by 40% before selling off.

Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
Itsmylife
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December 26, 2019, 03:39:30 AM
 #18

1. No because I don't have time to monitor the cryptocurrency market everyday.
2. Yes, but I still do not recover the money I lost when the market was in a downtrend.
mandor
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December 26, 2019, 03:42:10 AM
 #19

I am among those who make money like that because I take advantage of the opportunity to buy Bitcoin when prices fall and sell when prices rise. for BTC long-term investment is highly recommended but it depends on the market situation, there is a time to hold it for months and there is a time to sell it in the near future. in fact it all depends on the decision you choose.

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wildan88
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December 26, 2019, 03:47:12 AM
 #20

1- Are you a daily trader? who buy BTC at loew price and sell it with higher price at the end of the day, If no why?
2- Are you a BTC holder? who bought BTC and hold it for months, Years to be in profit?
3- you tell me.

I am only a trader, but not daily, depending on the market situation especially when market sideaways I can sell and get profits around 2-7 days.
of course I hold btc for the long term, because I have a goal in 2021 because my hope is that the next halving can make prices higher than 2017.

the other way with the signature that I use current, 700k sat a week is a good amount Smiley

.
..1xBit.com   Super Six..
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