How to make money from Bitcoin in 2021

[iTradeChips]

Day trading has become the main choice for me. Because I do get income from day trading. For some people who are new to bitcoin, day trading is still not suitable, because trading requires trading analysis knowledge. Better to do an airdrop or invest or farm in Defi, it will be better.
I have also been involved in crypto investing several times and did DeFi Farming for some really good projects that could generate some profit from them. There are many ways to earn income in 2021 if we are willing to try and learn.

Many people would find Day trading or even short term trading very difficult because it requires some trading knowledge to analyze the market look at the charts and all that. As a day trader, what do you think would be the first things that a newbie trader should learn, in order for him to become a good trader? Is it reading candlesticks? Is it technical analysis? Maybe you can share us some insights so one can be a good day trader? That way we can help people new to crypto not become crypto losers, losing their money because of a bad trading decision. Thank you in advance.

[1715142442]

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[1715142442]

1715142442

[Mahanton]

Day trading has become the main choice for me. Because I do get income from day trading. For some people who are new to bitcoin, day trading is still not suitable, because trading requires trading analysis knowledge. Better to do an airdrop or invest or farm in Defi, it will be better.
I have also been involved in crypto investing several times and did DeFi Farming for some really good projects that could generate some profit from them. There are many ways to earn income in 2021 if we are willing to try and learn.

Many people would find Day trading or even short term trading very difficult because it requires some trading knowledge to analyze the market look at the charts and all that. As a day trader, what do you think would be the first things that a newbie trader should learn, in order for him to become a good trader? Is it reading candlesticks? Is it technical analysis? Maybe you can share us some insights so one can be a good day trader? That way we can help people new to crypto not become crypto losers, losing their money because of a bad trading decision. Thank you in advance.

Lots of people saying and preferring trading to be some source of profits or making money here on crypto but honestly this is something that someone can deal off easily and this had been one of the most common wrong impression specially for noobs on where they do believe that trading was easy.
There are lots of ways on earning income here on crypto and not necessarily talks about trading but also by just simply holding then you would really
have the chance on making money and there are various ways but dont easily believe on easy money.

[TOM Bb]

n 2021, Bitcoin experienced a major shuffle. Encountered a big drop. If you want to be profitable in the Bitcoin market in 2021, you must firmly believe in Bitcoin, and don't easily sell Bitcoin and prevent yourself from losing money.

[Kiley33]

btc mining is decisive, and now some countries recognize that Bitcoin is legal tender, and you can use Bitcoin for shopping, or you can exchange items for Bitcoin.

[Amejoaquim]

I think it almost impossible to find project want to give btc for their airdrop.

The easiest way to earn bitcoin is from holding and dailly trading, but it almost impossible to get profit if we lack of knowledge about crypto.

[owengtam09]

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

It really works especially to those who are already professional in buying and selling with crypto, some others are taking risk buying some stuff in some game that they can also earn crypto, like AXIE INFINITY. Here in our country there are a lot of people now playing that game since last year and some of them already buy a new house because of it.

[flyer88]

yeah, so many ways to make money from bitcoin, and bounty is the easiest for me.
there is airdrop, the simple task required, but im not sure if i can get coin (nowaday). i try to follow many of them but still be unlucky. if i got from airdrop, the price never be good for long days.
you need basic if you want start trading, but it helpful to multiple coin in short time, with high risk.
i just following bounty, and when my coin start rising, i will sell and buy when the price low.

I also do the same as you. For me a bounty is something easy that I can do outside of work hours and it doesn't even interfere with my working hours. While occasionally the results from the bounty I use for trading and the rest I save if the price is good and then I sell it.

[azharul91]

We know that bitcoin is one of best valuable digital coin in the cryptocurrency world.We also know that how to make money from bitcoin in 2021.We believed that daily treading is the best way to earn money.We also know that BTC mining and investment is also best way to earn money.We also know that we can earn money from bounty campain.So i trust that in this way we make money from 2021.

[Woodie]

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

Not really daily trading but general trading is good,the only thing needed is putting in some time and money to learn if you aren't familiar with trading.

*BTC mining

I think for btc mining one needs to invest alot which would cost a fortune if you want materialized profits from btc, but mining other coins than btc here am all ears.

*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)

Self explanatory, no explanations needed.

*Yield farming (De-fi)

This one for altcoins is huge haven't just tried it with bitcoin.

*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

Back in the day airdrops were legit ,today not so much...too much data harvesting going on for the reward of dust.

[isaac_clarke22]

~

Well sometimes the strategy depends if one have the time to do it. I did day trading back in the days and it isn't just working in my end. I can't sit for a long period of time looking at the charts and doing the rinse and repeat of buy and sell.
Now I stood to just buy BTC and just keep it as that and take the opportunity to buy more when the dips happened. I have not leaned yet in the other strategies you mentioned there, but I doubt that I will undertake that strategy from how my time the whole day is occupied.

[zanezane]

Trading is the most common way to make money but the problem is that they are really risky and if you aren't a fan of risk then trading isn't for you, the only way I can think of besides signature campaigns is probably bankroll investing.

[bitterguy28]

Trading is the most common way to make money but the problem is that they are really risky and if you aren't a fan of risk then trading isn't for you, the only way I can think of besides signature campaigns is probably bankroll investing.

actually it is not about only the risk , it is also the Knowledge that we need before entering trading.

some also manage to not trade but to keep HOLDING.

[Desyationer]

I want to pour out my problems on you and the cry of
my soul. This is very important for me, only 3
bitcoins would change my life, I don't need more
than 3 bitcoins.The chance to find 3 bitcoins gives
me the motivation to live, otherwise I don't want to
live! To buy myself an apartment in my city, I will
have to work for at least 30 years in a highly paid
job (by the standards of my country). But the chance
of getting such a high-paying job is very low with
my mental illness since childhood and I have a weak
intellect, and in reality I have to work 60 years to
buy an apartment! 3 bitcoins would be enough to do
this and I will be the happiest person in the
world!But for now I am very unhappy and the only joy
in my life is to dream about how I found bitcoins,
bought myself an apartment and go to move into it.
I have been actively searching for 3 months now, and
all I have found is 0.000055BTC, which I cannot
withdraw because the commission exceeds the amount!
But just the other day, someone managed to withdraw
this money! How did he do it? While I have only a
mockery of my brain, all my calculations and
theorems are ridiculed over and over again, the hope
is melting more and more to find at least something.
I am very glad that there are millions of missing
bitcoins that do not belong to anyone and therefore
it is not a crime to try to find them. I have no
purpose and ability to steal, my only relying on my
stupid calculations and luck, which does not smile
at me yet.

I know many rich addresses from hundreds of
thousands to thousands, thousands of these
addresses. If one of them saw my post and shared
with me a grain of their state. For example,
100000btc, but I only need 3btc - this is only
0.00003 of the amount, it's just a grain of sand,
but for me the whole life!
I understand that there are people in a worse
position than I and I understand that the richer a
person is, the more greedy he is, but still I
believe in goodness. At least it seems to me that
the chance to ask for and receive 3 bitcoins is
millions of times higher than to find lost bitcoins.
The crazy year 2021 has come! There were so many
opportunities to get rich by buying coins that grew
hundreds, thousands of times! I tried to play on the
stock exchange, but I lost and lost money, all the
coins that I bought were getting cheaper, and the
coins that I was selling were getting more
expensive!

Now I have several types of coins and I hope that in
years they will increase in value, but at the moment
they are cheaper than when I bought them. Financial
luck is always not on my side.

[sunsilk]

*BTC mining

In 2021? Nope.

This isn't 2015. The current level of mining requires more electricity usage than most people can access.

It's still but only for those who can afford to buy those miners and actual equipment for bitcoin mining. They're not cheap so it does really requires your capital to be able to mine bitcoin. It's still a thing and will always be.

What about escrow or IRL brokerage?

There are a lot of escrows already in the forum but if you think that you can be trusted just like them. You need to build your reputation.

[enawati]

Swing trading is good way to make money from Bitcoin, this is easy way and less time to do but need extra patient to get best price to start buy. In this level of price BTC is more safe to do swing trading by duration for a few months because after long bull run the market can be changing to bearish. And when the Bitcoin price changing to bearish, we can make money from leverage trading. We can make money whatever the trend of the BTC price, the problem is how to predict the trend of this market so we can decide when should be Buy on the spot market and when should be shorting on leverage trading.

[S4VV4S]

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

there are many things you can do nowadays to get bitcoins. Like me, one of them is by following the airdrop, maybe that's the easy bounty in my opinion. But there are also some who take surveys in exchange for bitcoins. I used to also play surveys to get bitcoins in return. However, it is less effective for people who are impatient, because surveys are very time consuming for me and the results are small. besides that I also doubled my bitcoins by trading and investing.

[larus]

Sometimes hodling is the best option. And day trading is the most risky one