What area of bitcoin participation is easiest to work with?

[Sadlife]

Have take a look at ETH 2.0 staking update, it will not cost high bill in electricity, and with a entry level Desktop PC you can earn ETH from validating transactions, its much more like a passive income. You just need 32 ETH to stake then setup a node, there a lots of guides regarding to this. Its up to you if you're interested.

[1714891683]

1714891683

[1714891683]

1714891683

[1714891683]

1714891683

[1714891683]

1714891683

[1714891683]

1714891683

[1714891683]

1714891683

[josephinerosdy]

depending on the individual. The easiest, of course, is to take advantage of the skills you already have to get bitcoin.
mining bitcoin does require a capable device and of course requires a lot of funds and the experience of my friends who mine bitcoin and other coins, they also need time to return their capital.

[CODE200]

I dont have much experience with mining but I think I prefer to do trading altcoins to earn bitcoin. Bounty hunting is also a fair share but if you want to maximize reward, trading is the best as long as you know the right entry and exit point.

The expenditure on trading is your money but if you will enter mining as far as I can see it you need to consider a lot of things like internet, electricity and equipments. Anyway my answered is trading for easy earning bitcoin.

Also mining is a more complex way in order to earn Bitcoin or simply, profit. It might also be the reason with what OP have mentioned  such that his/her friends are not engaging to mining. I bet most of the new ones in this industry are into bitcoin investment because I think those who are doing trading, bounties, and mining are those who are more familiar or those who are here for years already.

Bounties I think, are the most profitable way BEFORE way back 2016 or 2017 if I'm not wrong. Not all people can afford investing money so they just worked for it through bounty projects. But things are different nowadays. Higher requirements to be met in order to particioate to most of the projects and profit is not as big as before. Trading and investing in my opinion is the most efficient way to generate profit nowadays.

[budi691]

bounty hunters are the choice of many people to get a lot of Bitcoin, by not requiring a lot of capital with just a laptop and internet network, everyone can do work to get Bitcoin, and when they get Bitcoin from the results of bounty hunters can become traders to be able to get more advantage.

[Shasha80]

Usually, Bitcoin participation that is easy to work on is bounty and trading. I don't recommend doing mining  at this time,
because the costs incurred do not match with the results obtained. So from that, now I focus work on bounty and trading.
Although for the 2020, it is quite difficult to find good projects. But with the results of research and analysis that we do,
it should be easier to find a bounty worth working with. Meanwhile, for trading, you can choose coins with high popularity,
to make it safer.

[solomine]

that's a definetely good question as for me being at this search lately, the search for making money on crypto without much pressure and i did find an option with structured crypto deposit it's easy to use , with moderate risk and a good possibility to add new tool to your portfolio

[shoreno]

whats an area of bitcoin ? you mean to say field in bitcoin related jobs  . how many times people did the mistake and call bitcoin directly as a form of job  .  everyone of us has thier stregnths and weakness when it comes to jobs  . some like writing while others are not or they find it boring and not profitable so they engage on trading instead while there are people that have knowledge on trading so they stick on the low paying job , whats important is that we are comfortable on our job and we enjoy it . same applies to other form of jobs

[milani]

What do you mean "if you even attempt it probably with your android" ? Mining on a mobile or tablet? It is waste of time and money. I doubt that this is even available to do.

Consider mining as a long term investment in hardware. It may take months or years till you see your first profit. Compared to usual investment  in cryptocurrency or stocks, investing in mining hardware will never bring you profit quickly.

The last remark about terms and profit via mining is good. I would even like to add, that not only it needs a lot of time before you will break even, but sometimes it happens that investments into equipment and mining not only do not bring you invested sum back, but even become loss-making totally. Lots of people lost a lot on this. And what about mining via smartphone this is really a waste of time. I would add this is even a silly idea. Especially as for mining BTC via smartphone.

[Debonaire217]

It's a good start for our journey to begin with the forum, have some funds by providing services as we learn the basics of cryptocurrency. But I find it more profitable if we learn to trade our bitcoins. This will enable us to become patient and understanding whatever the situation of the market graph shows. It also increase our loyalty with bitcoin. So far, the easiest area of bitcoin to work with I can say is to learn how to apply our skills and talent for services, or to buy and sell goods in bitcoin. With this, we don't need to study anything but continue living our lives with bitcoin making transactions easier.

[hulla]

Every area in cryptocurrency have it own challenges and risk involving cause crypto is not a quick to rich scheme and you shouldn't expect everything to be smooth sailing. What you ought to do find the area that's will be good and easy for you to understand. However, don't rely on people comment cause what someone believe to do hell of a job could handle easily for you, all you need to do is master the value part of the area you choose to participate in
With that said, it not all crypto mining that require electricity, spending time online and setting up mining rigs cause there are some crypto that require holding some certain amount of coins only to be a miner.

[jekainvestor]

I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?

Lots of interesting directions there are to work with but the question is what is your aim - to get rapid high income or to wait for some time and get good income after, or may be to wait for a long time and get something huge)) But mostly these activities for area of Bitcoin are connected with different bounties, may be trading, may be holding, may be developing and promoting some products and so on, but of course mining is not on the first place. May be at the very beginning it was a good chance, but nowadays it becomes harder and harder to get something fascinating for mining)))) and too many factors should be taking into consideration.

[todiefor17]

Mining requires more knowledge than you might think. The first is funding to buy equipment and find a place to store it, then assemble and install it, then operate and solve technical problems.
Finally, the market, if the market is good to mine, you will either make a profit quickly or you will have to consider liquidating the machines.

[worldofcoins]

It's a good start for our journey to begin with the forum, have some funds by providing services as we learn the basics of cryptocurrency. But I find it more profitable if we learn to trade our bitcoins. This will enable us to become patient and understanding whatever the situation of the market graph shows. It also increase our loyalty with bitcoin. So far, the easiest area of bitcoin to work with I can say is to learn how to apply our skills and talent for services, or to buy and sell goods in bitcoin. With this, we don't need to study anything but continue living our lives with bitcoin making transactions easier.

Mining is profitable but requires huge maintainance, cheap electricity and optimal devices.
Trading is profitbale for me but i'm looking for setting up mining rig on a farm house soon.

[Zionatin]

Well mining stocks have been doing better then bitcoin here is proof https://bitcointalk.org/index.php?topic=5268287.0
You can get these stocks for as little as $5.75 and just have a look at that chart I think if you have extran crypto you should defiently seriously consider investing in some stocks. It's like an extra layer of earning on to of just holding bitcoin. Much better than having your funds sitting in the bank.

[CryptopreneurBrainboss]

I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone,

Mining wallet? Well that's a new one lol. I haven't heard about such, it seems you must have been mislead because nobody mines bitcoin with phone and definitely you can do it alone, if that was even profitable (mining on phone) then you'll be doing more harm to your device than actually participating in the mining industry. People don't talk much about mining because that area isn't for everyone, you will need to have some level of skills, information before you can record successful unlike other area that a noobs can get hold of them within days or weeks of participating like trading and investing.

For me the easiest has to be investing, there's no risk involved if you know what you're doing. Trading cones with risk as every market you enter stands a chance of rekting you irrespective of you been a professional trader

[bitzizzix]

I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone,

Mining wallet? Well that's a new one lol. I haven't heard about such, it seems you must have been mislead because nobody mines bitcoin with phone and definitely you can do it alone, if that was even profitable (mining on phone) then you'll be doing more harm to your device than actually participating in the mining industry. People don't talk much about mining because that area isn't for everyone, you will need to have some level of skills, information before you can record successful unlike other area that a noobs can get hold of them within days or weeks of participating like trading and investing.

For me the easiest has to be investing, there's no risk involved if you know what you're doing. Trading cones with risk as every market you enter stands a chance of rekting you irrespective of you been a professional trader

Investing is an easy choice no need to work or do complicated things, and investing gradually will increase your investment amount slowly and still should be based on a good knowledge and understanding of investing in Cryptoccurrency or bitcoin.
And to increase the investment amount, you can join several services according to your expertise and participate in other areas of this forum which will be paid in bitcoin or Cryptoccurrency.
and for mining issues I haven't thought that far.

[Cryptoreflector_666]

I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone,

Mining wallet? Well that's a new one lol. I haven't heard about such, it seems you must have been mislead because nobody mines bitcoin with phone and definitely you can do it alone, if that was even profitable (mining on phone) then you'll be doing more harm to your device than actually participating in the mining industry. People don't talk much about mining because that area isn't for everyone, you will need to have some level of skills, information before you can record successful unlike other area that a noobs can get hold of them within days or weeks of participating like trading and investing.

For me the easiest has to be investing, there's no risk involved if you know what you're doing. Trading cones with risk as every market you enter stands a chance of rekting you irrespective of you been a professional trader

Investing is an easy choice no need to work or do complicated things, and investing gradually will increase your investment amount slowly and still should be based on a good knowledge and understanding of investing in Cryptoccurrency or bitcoin.
And to increase the investment amount, you can join several services according to your expertise and participate in other areas of this forum which will be paid in bitcoin or Cryptoccurrency.
and for mining issues I haven't thought that far.

I would not say that investing is an easy way to earn money. Yes, of course, it involves a minimum number of mechanical actions and you do not even need to get up from your chair, but the investment will work when you understand what you are doing. You can invest successfully for several years and then suddenly merge everything in one evening.

[XEsseKasper]

I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?

Just like you said, mining is very hard to make profits from. I laugh because you wrote 'it tends', it in reality do take a massive effort to be successful in mining.
Good electricity, good mining waller, computer with good capacity. Mining requires a lot of power to be successful.
I do believe that the easiest to work with is to participate in signature and bounty campaigns. Although this doesn't bring as much profit as trading, it is requires no risk as compared to trading which is very risky especially if you do not the required knowledge and skills.

I agree with Goldade. Mining is just too expensive and if you already dont have full setup, it could be investment with unsecure return. For me, short term trading is currently the best option to exploit crypto market.

[todiefor17]

I think the simplest way to make bitcoin is to engage in saving on CEXs to earn annual profits at major exchanges like Binance, Huobi. You just need to go through AML / KYC security steps and perform multiple layers of security.
The biggest risk and exchange is no longer active.

Another way is to join bounty programs to receive Bitcoin, but requiring these programs requires a high level of rank and effort.

[panganib999]

Actually that would be dependent on the user himself. Well, I have been into bounty hunting, trading and investment and all of those looks great and suitable for me. It is just that all areas concerning Bitcoin participation can be learned through time. You just need to exert effort and time educating yourself and exploring other areas to see if there would be another area that your current one that can make you excel as well. For me all areas would be easy if you will just be exerting your time as well as interest to work on those areas for learning and gaining experience. Some might be good on bounty hunting and some might be on trading and investment. We all do have our own biases towards those areas for some might see it easy while others are not. The easiest area of Bitcoin participation will be literally dependent on the individual because it is his own identity and capacity.