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Author Topic: Share your stategy how to grow bitcoin  (Read 1402 times)
samputin
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June 20, 2020, 02:52:23 AM
 #81

How about designating and saving a certain fiat amount each month from your salary? For example if you have a decent job, At least $100  or lower per month but it depends on your capability and buy some bitcoin. I guess in 1 year you can have a decent amount of bitcoin. I am not doing it regularly but sometimes I bought like $10-$50 when I have extra money and that is my strategy in accumulating bitcoin.
This gave me an idea on how to accumulate bitcoin. I'll surely be trying this one but not now, though. I haven't got a job yet due to the pandemic.

I would also like to try trading. I've read from some comments here that trading is a good strategy in accumulating bitcoin. If that's the case, then I'd be very much willing to try it. But it's also said that it requires knowledge to do such thing. So I'll have to study how to do it.

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June 20, 2020, 10:09:58 AM
 #82

trading is a good strategy to grow bitcoin but it can be ve difficult, the good way is to keep buying bitcoin with your saving over time.

Trading is very risky for those who do not understand the strategies and how to trade well. Especially for someone who only relies on feeling and luck, it's a fatal mistake. Trading must be based on proper analysis, to determine the right timing for entering and leaving the market.
For the second option, I agree. Setting aside a salary to buy bitcoin regularly, for example every month, can be one good strategy. This strategy is very effective for beginners, without thinking about price changes, just need consistency to buy bitcoin according to the specified percentage, this method is known as Dollar-Cost Averaging (DCA). In this way, we can reduce market risks as well as Bitcoin investments over time.

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June 21, 2020, 02:42:30 AM
 #83


I agree with those who said that it works to get a little amount from the salary monthly. In my case it works because I forget about it, one way is to avoid looking from the btc price everyday. It will really make you forget about it. After months you'll realize how much btc you have, get it when the right time comes.

And of course you have to be knowledgeable about btc. Watch youtube videos, if you can work online for btc then you can hold it too. I'm not really that good reading crypto chart but I watch a few youtube creators who are knowledgeable about it so I understand and have a few basics about it too.

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June 21, 2020, 07:06:34 AM
 #84

I know I might not sound good here but gambling is one big as well as important part in order to grow not only your BTC but any other crypto (with less fee and less value in BTC). I'm saying this because I'm seeing some of my friends making good money while sitting at home betting on esports and some at Bundesliga. If you can go on a winning streak with just 20% capital used per bet max and win at least 7 out of 10 bets, you'll gain for sure. The only thing is, the odds need to be above 1.5 - 1.75x per bet.
There are many ways on how to make your money grow. Yes, gambling is one, someone can make their money grow through bitcoin gambling and also gambling is available to other cryptocurrencies which make it more accessible. Some people can make money with just sitting and relaxing at home. They just have to bet online and win or lose.

Many industries are saying that bitcoin is pure gambling. But why they say so? Because commodities such as gold has its value of itself but bitcoin does not have.

I think bitcoin us an investment class and not gambling. People cash in their money to crypto because they want to have an investment. But some just putting money in crypto for the purpose of gambling. For me it is up to the investor if they will use crypto for gambling or investing.

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June 21, 2020, 03:01:17 PM
 #85

There are different ways to grow bitcoin. Firstly, you can invest a portion of your income every month to purchase bitcoin and hold it for future. Secondly,You can participate in different bounty and airdrop programs and earn cryptos which will help you to increase your bitcoin. And finally, you can make trade in different exchanges. From trade you can earn and increase your bitcoin. But making income from trade is not so easy. You should have knowledge, experience and strategy about trade. Otherwise you may loss your fund.

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July 08, 2020, 02:36:22 AM
 #86

There are really many ways of growing bitcoin, trading is one of the best ways of growing bitcoin, a trader with much knowledge and experience would actually get much profit from trading.
Another way of growing bitcoin is by holding, we could buy bitcoin when it's price is very down , and when it's price increases our bitcoin will increase also.
And also He can Use as capital in Gambling in which If Luck He might double or tripple the Bitcoin he holds.
Anyway this is very risky so better be aware of losing at any chance.

Also try to Invest in IEO but be careful for also this is risky though thats part of investing.
First, I read all about bitcoin on how to earn profit in different ways. And i'll try to joined different kinds of campaign (Facebook, Twitter, Telegram etc.) to get some token and convert it to BITCOIN.
Lol Bounty hunting wont Give you Bitcoin at all time mostly it is altcoin that they will pay you.

And also there are no rooms for this now because only few who pays true and majority are shit and scams.
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July 08, 2020, 02:33:11 PM
 #87

Hello bitcoin lovers!
Because of wrong or weak stategy, most of traders/holders unable to grow the expected amount of bitcoin. Kindly share your best stategy how can anyone grow their bitcoin amount?  I believe, thus we bitcointalkers will help each other Wink
The only way to grow your bitcoin portfolios are through trading the portfolios, without this it's impossible to grow your bitcoin. Sometimes in 2018, I bought some cryptocurrencies and when I kept them they were deteriorated because I was keeping them hoping to see them rise. The best way to always grow your bitcoin is through the trade of your bitcoin, holders can't grow their bitcoin much as the traders does according to history. Holders can only grow their bitcoin on long-term basis, which is likely to be around 2-4 years of holding.

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July 08, 2020, 11:55:30 PM
Last edit: July 09, 2020, 01:57:49 AM by finaleshot2016
 #88

There are many ways bitcoin can expand and one of them is to be a long-term investor or trader. I've known a lot of bitcoin users who use these 2 approaches to grow their bitcoin.

To gain more bitcoin you need to be a daily trader. Put half of it in your wallet and trade or spend the other half to double or triple it again if you succeed and double your bitcoin.
I've read some blogs about it growing in bitcoin, and some of it is very practical; https://paxful.com/blog/make-money-with-bitcoin/
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July 09, 2020, 12:01:16 AM
 #89

My strategy is simple not mind blowing or has many complicated details. I just buy in dips or market dump that's where the opportunity is then hold long term because you can expect that it will yield profit if you have patience. You can also do Dollar cost averaging if you have the money.

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December 19, 2020, 08:14:34 PM
 #90

Its not so easy because alot of things are on the line for you to grow your Bitcoin holdings. One way that I feel can be used is investing in alts that have good concepts, team, achievable goals and low cap and hope it brings good returns depending on how large your take profit is. Another way is to buy Bitcoin lower and sell higher. All these requires patience, good trading knowledge and research skills.
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December 19, 2020, 10:37:04 PM
 #91

Increasing the amount of BTC that we have?
Well, this may not be at a certain time when the Bitcoin amount should be increased totally. In this case, we can see how the progress of Bitcoin in our portfolio. If you want to increase the amount. I think that we can do some of these:
- Trading on spot market area
For beginners, trading on spot markets may be a good decision. Where we can still wait for the price to get higher and high again. However, it is not easy because we can still lose our money if we do not know the right time of buying BTC. As long as we hold until the price rises up, we will be truthful.
- Trading in the market types may be riskier but the profits are legit and also promising. We can see how the market price of the BTC and we can really have a good time to be the right purchase, trade and hold.

R


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December 19, 2020, 10:51:05 PM
Last edit: December 19, 2020, 11:15:10 PM by btctaipei
 #92

Circulation: Buy and sale to maintain liquidity. Your success are based on your client base and liquidity.  Generally once you get to certain size, you no longer need to advertise.  Word of mouth is all you need to succeed.
Mining: It is getting hard to get 60 BTC per day. Alot of facility management is required and it currently costs around $2500/btc to mine using off peak electricity, assuming you are doing this solo and facility is free.  You can start by hosting / rent out ASICs for those who are interested in mining, or if you were early BTC adopter do your duty and help secure our networking by mining. 
With assistance of corrupt government official, it is very hard to loss money if you mine; if you can spent about $10mil ($8 mil for asic and $2mil for facility) which is small for those who were in the game early.  it costs around 5000 BTC but you get around 100-65BTC/day depends on fees and other factors.  Generally you break even at beginning of 3rd month. 

IMHO Mining is your best route if you have coins, do not have to import ASICs, able to setup large scale mining somewhere among rice patties; and have access to corrupt government officials.

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December 19, 2020, 10:54:02 PM
 #93

In my opinion, you should save money with an appropriate amount and invest in buying Bitcoin or Altcoins. another way you can spend less so that you can accumulate money on long-term investments for Altcoins. because it can increase the number of Bitcoins in the future.
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December 19, 2020, 11:23:50 PM
 #94

*Buy at cheap price, sell at a high price
*Do trading
*Holding

All of these things are common but we can't just say that it will grow or even double/tripled in just a day. No, It takes time as well. Thus, if we are an impatient person, I'm no longer expecting this to happen and grow your bitcoin but instead seeing you losing.


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December 25, 2020, 02:23:36 PM
 #95

*Buy at cheap price, sell at a high price
*Do trading
*Holding

All of these things are common but we can't just say that it will grow or even double/tripled in just a day. No, It takes time as well. Thus, if we are an impatient person, I'm no longer expecting this to happen and grow your bitcoin but instead seeing you losing.
Well, from what you've stated, I got two out of three — the first and the last one. From my earnings, I make sure that, somehow, I buy at low prices and sell at high ones. That's the ideal way to do it after all. Then, I'm also hodling which is also a counterpart of my previous statement. Still haven't tried trading yet but hoping that I will learn step by step this coming year.

For the last part, yes, everything takes time. Besides, those bitcoins that we earn from hard work are the ones more satisfying and worth celebrating. Not those we earn easily because, as we all know, "easy come easy go."

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ven7net
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December 25, 2020, 03:19:53 PM
 #96

Hello bitcoin lovers!
Because of wrong or weak stategy, most of traders/holders unable to grow the expected amount of bitcoin. Kindly share your best stategy how can anyone grow their bitcoin amount?  I believe, thus we bitcointalkers will help each other Wink

I recently decided to start working with BTC and try to increase the amount of BTC. Since I have little experience in this matter at the moment, I decided to study a little the possibility of trading BTC on a crypto exchange. At the moment, I chose a new so far little-known crypto exchange and decided to try to increase the number of my BTC on it. My strategy at the moment is this, I buy a token of the platform on which I trade for BTC, then I place an order to buy a token for BTC cheaper than the current price and wait until the order is triggered. After, when the limit is triggered, I sell the purchased token at the current price and, as a result, I have a profit in BTC from 14% to 54%. Since this opportunity occurs on average once a day, at the moment I am increasing my amount of BTC not very quickly, however, there is a profit of about $ 100 per day, sometimes $ 10 - $ 20. Since I am new to this business, I think this is a very good result.
Asuspawer09
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December 25, 2020, 04:02:27 PM
 #97

Hello bitcoin lovers!
Because of wrong or weak stategy, most of traders/holders unable to grow the expected amount of bitcoin. Kindly share your best stategy how can anyone grow their bitcoin amount?  I believe, thus we bitcointalkers will help each other Wink

You could just buy low and sell it at a high price in the market that will always give you profit when investing in bitcoin.

For most of the trader, it is ideal to just hold bitcoin since they always expecting the market price to pump because of the increasing demand in the market, that could be ideal for some trader but if you want to increase your profit you could just convert it to other cryptocurrency and gamble it to trading, that could potentially earn you a lot more in just a short term investment compared to investing in bitcoin.

Investing in bitcoin might be a good profit but not be worth it since it might be a long time before you could sell out if you're aiming for a higher profit.

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Kez1817
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December 25, 2020, 04:51:48 PM
 #98

How about designating and saving a certain fiat amount each month from your salary? For example if you have a decent job, At least $100  or lower per month but it depends on your capability and buy some bitcoin. I guess in 1 year you can have a decent amount of bitcoin. I am not doing it regularly but sometimes I bought like $10-$50 when I have extra money and that is my strategy in accumulating bitcoin.
This gave me an idea on how to accumulate bitcoin. I'll surely be trying this one but not now, though. I haven't got a job yet due to the pandemic.

I would also like to try trading. I've read from some comments here that trading is a good strategy in accumulating bitcoin. If that's the case, then I'd be very much willing to try it. But it's also said that it requires knowledge to do such thing. So I'll have to study how to do it.

Trading is very risky but if you learn and have knowledge about it, I believe you can accumulate bitcoin through trading. I did trading also but only small capital and just play a buy and sell and always learn the market movement and also patience is very important to avoid loses.

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