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Author Topic: How to make money from Bitcoin in 2021  (Read 1595 times)
fauzan123
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April 21, 2021, 08:16:50 AM
 #41

BTC trading, you don't make bitcoin because you need bitcoin to start trading, you only make profit if you are good in trading.

The rest like mining (requires huge capital for good mining rigs) and yield farming, these are investment that requires capital, you can acquire bitcoin when you buy but like I said, you don't make it, unless you work for it, example in the OP is survey, my only concern is the amount you'll make, I don't know if it will satisfy you.

If HODLing is long-term investing, trading Bitcoin is its fast-paced equivalent. Essentially, BTC trading means taking advantage of Bitcoin’s highly volatile nature. This method requires practice and knowledge of the market, so be sure to do your homework before you even think about giving it a shot.

Here are a few styles of trading to get you started:

  • Day trading – Bitcoin day trading entails short and quick trades, allowing opportunities for small and fast profits. Day traders don’t hold any open positions overnight, so the method consists of carefully analyzing the market, seeing small money-making opportunities, and capitalizing for a small profit. At the end of the session, day traders could have a significant cumulative gain.
  • Swing trading – If HODLing is long-term and day trading is short-term, swing trading is kind of in the middle. Like HODLers, swing traders will buy low, wait long enough to see their holdings increase in price, and then sell high. However, their holding time isn’t as long as a HODLer and isn’t as short as a day trader.
  • Arbitrage – Bitcoin arbitrage is similar to the styles above. However, instead of looking for money-making opportunities within the same exchange, traders who use arbitrage look for those opportunities across different platforms. In essence, they buy BTC from exchange A then sell it at exchange B for a higher price.
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April 21, 2021, 08:32:44 AM
 #42

We all want to make money from Bitcoin as much as possible. You can choose a few ways that you have the ability to do:
1. If you are good at computer technology you can exploit Bitcoin to make money. More and more people have made Bitcoin so you have to be good.
2. You have money just buy Bitcoin wallet then buy Bitcoin waiting for high prices to sell. Buy a lot or buy less depending on you. Should be prior to the risk of Bitcoin discount.
3. Sales and accept payment by Bitcoin to store then make money.

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April 21, 2021, 08:42:55 AM
 #43

Personally, I probably won't choose BTC minning for now. however, I felt that the costs involved were enormous. however, for the big guys, I think it's a good way to earn. however, the bounty also needs to be on that list, because you can generate bitcoin, or crypto from using the bounty.
however, all of these are great ways to generate bitcoins this year, we just have to figure out which ones we're comfortable with.

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April 21, 2021, 10:24:08 AM
 #44

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

I'm really curious and interested in BTC mining but it's kinda costly and needs a huge amount of capital for starter builds. As for daily trading, it also needs high capital to be profitable but if you're an inexperienced person like me in trading, you'll probably experience more loss than earning profit.BTC surveys? I've never heard of that but i wanna try it. So as for now, long term investment is the best option for me.

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April 21, 2021, 10:31:51 AM
 #45

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

We do have different ways or earning bitcoin depending on where we are good at. In my case I receive or earn my BTC as payment for work which is posting or simply as a bounty hunter. I tried investing before but it didn't work for me as well as trading. I lose a lot in trading although I am trying it again with an amount I can afford to lose and to coins that I know I can hold for a long time. Airdrops? I am not really sure about this due to lot of scams before but I'm trying to get back my trust on airdrops. I just made myself more careful to airdrops that I am going to participate. Others on the list, like yield farming and BTC surveys, I am not familiar with it.

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April 21, 2021, 10:48:41 AM
 #46


Bounty campaigns are very common here in bitcointalk for some new blockchain projects are promoting crowdfunding here in the forum. Anyone who can write something out of the project can definitely earn some tokens that he could turn into BTC. You could join the article campaign or youtube promotion campaign to earn tokens. The old member in the forum can earn by joining the signature campaigns. There are fewer bounty campaigns these days though, fewer scam projects I guess.


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April 21, 2021, 11:06:13 AM
 #47

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
I m Currently doing stormx btc earning opportunity. By the way it's free money since u just need to shop & earn from it. Also airdrop, bsc yield farming, short term investing in new pancake swap tokens.
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April 21, 2021, 02:37:17 PM
 #48

As of now, I am trying to participate on bounties again hoping that I will and I can still earn through this thing like when I was on year 2017. I know this is the common thing here and as I observe, bounties still have many participants so I guess even after the scam projects on late 2017 up to early 2018 lot of people in this forum are still in favor to bounties. Before I become inactive my friend told me that there will be no more bounties, I can't remember any other details regarding this but up to now, bounties are still bounties.
I also want to try trading again. I know I lose in trading a long time ago but with coins I hold until BTC fly to the moon, I know I gained profit that is why I got inspired in trading again. Well, I will just use an amount that I can afford to lose.

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April 21, 2021, 03:14:49 PM
 #49

These are all correct, I started my Crypto journey by participating in airdrops and bounties in this forum and I can tell you with this I was able to gather some profit which I later reinvested. But 2021 I don't think airdrop still worth the time and effort especially with all of them having referrals all over but you are good to go with all the list.

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April 21, 2021, 04:13:44 PM
 #50

Based on the list you have posted, do you already earned money from those or do you already tried it all? Investing snd trading are both common ways of earning money but both are risky as well especially trading so for the beginners out there, always choose to invest rather than doing day trading because that is too risky and requires good knowledge first. Airdrop is also good, even though you cant earn huge money from it, that is still good because you only need to do some simple process before you get the rewards. I am not familiar with the BTC surveys, someone knows about it?

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April 21, 2021, 04:23:59 PM
 #51

These are among the ways of getting money in cryptocurrency space of which many comes through doing some work and task to get paid in the form of bounty, the possibility of getting money is open through different means as in HR case you have mentioned above. Other means include.;
1. Participating in Ido
2. Staking of coins in recieving APY
Others.

Mining is expensive for beginners and as such may be so hard to install some mining equipments.



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April 21, 2021, 04:55:08 PM
 #52

In addition to what you have mentioned, one could also make money from Bitcoin if you are an expert and creative in graphic design (meme), writing blogs, perform translation to your native language, design a blog that promotes blockchain, and participating in a referral program for a lifetime passive income.

I would like to know where you can find these kinds of work or bounties that you have mentioned? You mentioned a lot here like doing graphic designs or memes, writing blogs, doing translation work, designing a blog that promotes the block chain and referral program for lifetime passive income. Since you mentioned these we assume that you have experienced doing these and currently into these since the post talks about 2021, right? I mean you can answer for signature campaign bonus, sure. But spilling out beans here without any solid proof is just simply two words - empty and selfish.

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April 21, 2021, 05:00:58 PM
 #53

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
I don't think that btc surveys and airdops are good suggestion to earn money but it is worthy when we will consider free earning. But yes, daily trading and mining is good way to earn great profit. But we should concern about mining platform that it is legit or not.
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April 21, 2021, 05:06:55 PM
 #54

Elementary in my opinion! Write down so as not to forget just do not copy! Buy 10 bitcoins in 2013, wait 8-9 years (at your request), then March 2021 comes - sell your bitcoins. Now you've made a fortune. Problems? Declaration of income. The envy of peers and friends. Seriously though, in my opinion stock trading is the best way. The main thing is to choose the right signals, preferably proven traders, and not do it yourself (especially if you have no experience). Trust management.

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BOUNTY
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macson
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April 21, 2021, 05:48:01 PM
 #55


Bounty campaigns are very common here in bitcointalk for some new blockchain projects are promoting crowdfunding here in the forum. Anyone who can write something out of the project can definitely earn some tokens that he could turn into BTC. You could join the article campaign or youtube promotion campaign to earn tokens. The old member in the forum can earn by joining the signature campaigns. There are fewer bounty campaigns these days though, fewer scam projects I guess.
having writing skills or creating content is great for earning money right now, besides that join signature campaigns is one of the best ways on this forum to earn a little income....to avoid a scam signature campaign project, you can choose a campaign that pays with BTC. (but competition is fierce)

These are all correct, I started my Crypto journey by participating in airdrops and bounties in this forum and I can tell you with this I was able to gather some profit which I later reinvested. But 2021 I don't think airdrop still worth the time and effort especially with all of them having referrals all over but you are good to go with all the list.
i don't recommend that you waste time on airdrops, even though there are those which pay but 95% is just a scam.

goldade
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April 21, 2021, 08:21:20 PM
 #56

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

You're actually right. These are some of the things one can do to earn bitcoin. I've done the third one on the list. That's investing. I actually did bought some coins and I'm waiting till the end of the year to cash out my profits.
Another one I'm practicing right now is receiving payment for work done. I write and I get my payment in btc. That's one thing that's quite reliable.
However, you didn't include one important thing. You can also earn some bitcoin by participating in signature and bounty campaigns here on bitcointalk.

gabbie2010
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April 21, 2021, 08:43:38 PM
 #57

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
I don't think that btc surveys and airdops are good suggestion to earn money but it is worthy when we will consider free earning. But yes, daily trading and mining is good way to earn great profit. But we should concern about mining platform that it is legit or not.
Even if their are surveys I am very sure the pay won't Worth the efforts put in, it just like the era of faucet earning which are peanuts.
Of all the methods mentioned by the OP I am involved only in daily trading with the aid of charts and candlestick patterns.
BTC mining is capital intensive thus a no go area for due to lack of financial means to acquire all the equipment.
Also investing too is also lucrative means of earning extra income however it also requires huge capital for investment.

Sihab76
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April 21, 2021, 09:01:59 PM
 #58

I usually make bitcoin income by trading.  However, I trade BTC pairs especially on different exchanges.  Another way of earning BTC income is mining but I give more importance to trading than mining.
sunsilk
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April 21, 2021, 09:04:41 PM
 #59

i don't recommend that you waste time on airdrops, even though there are those which pay but 95% is just a scam.
Most of the airdrops are not worth it anymore. The best year for airdrops was 2017 but for this year, it's no longer a thing that someone would be focusing with. But if you have a lot of free time to join each airdrops, you're responsible how you will use your time.

I usually make bitcoin income by trading.  However, I trade BTC pairs especially on different exchanges.  Another way of earning BTC income is mining but I give more importance to trading than mining.
It's because mining requires you more than in trading. While in trading, instead of mining the coins that you want. You can take the shortcut path and buy that coin or buy bitcoin and trade it until you've made profit. It only requires you to wait until the price increases.

nightxglow
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April 21, 2021, 09:31:50 PM
 #60

I guess the best way is trading or mining. But for those two you need skill and equipment though, so it might not be easy for some people or for the beginners. Another easy way is by buying bitcoin and holding it for a long term, but of course you can't expect an immediate profit from it.
I never tried surveys before, dunno how it works? like will it really work? But i guess never hurt to try that, you won't loss anything too, right?
Before, joining bounty is the best way to earn bitcoin i might say, but after 2017, i don't know if it's worth it anymore or not. Hard to find a good one that really pays and not a scam though. Too bad, bounty is my most favourite thing.

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