aoluain
Legendary
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Activity: 2394
Merit: 1344
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October 18, 2021, 11:08:34 PM |
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I added $100 bitcoin more to my stash yesterday when I received my salary.
And I think that is the only safest way of keep increasing my bitcoin holdings because like you I don't want to lose any by trying trading and/or staking.
I do try and find work online to add more to it but it is almost next to impossible to find good paying work online unless you have incredible skills.
So, keep buying when you can and as much as you can afford to.
Thats it, literally funnel as much FIAT into Bitcoin, If you have a habit of saving on a weekly or monthly basis in a bank just change to Bitcoin and HODL. The last thing you want to do is take a risk and lose waht you have because of lack of experience. Stack Satoshi's at every dip and be patient. Build you account here on the forum, it will take a bit of time and you could get a chance to earn some Satoshi's, again patience is the key.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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XUR_TIP
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Activity: 227
Merit: 24
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October 19, 2021, 06:18:41 AM |
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Find some money first and join IDO through polkastarter platform, you will earn bigger this way because there is nothing close to getting into a coin at presale price, also pull your profits when available and start buying few top coins like BTC and ETH, I add 50$ worth of BTC and ETH every week
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crypt0xmancer
Newbie
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Activity: 26
Merit: 0
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October 19, 2021, 05:01:53 PM |
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Depending on your bag and the coins that you can always farm your coins and earn interest by using reputable protocols, if your bag is small dont expect much though, but that is a way to increase your coins in a 'mostly' lower risk way
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Looper_U
Member
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Activity: 369
Merit: 16
$CYBERCASH METAVERSE
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October 19, 2021, 07:24:51 PM |
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Get a job secured and invest 20$ in BTC every day or week depending on your payouts, go for the one that's more convenient for you and see how big your portfolio will become in a year straight
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Alucard1
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October 20, 2021, 10:13:02 AM |
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There are a lot of ways to make your bag increase, it wouldn't be hard for you if you have a good amount of capital to start, you can invest in some NFT games and play it, those games are really profitable, such as Axie Infinity, PVU, DPET, actually, to be honest, my earnings in playing Axie Infinity is the highest so far compared on some other crypto activities I am doing.
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Taskford
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October 20, 2021, 10:57:04 AM |
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Hi everyone, I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.
I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?
If you are holding I think there's no way you can multiply your holding if you didn't sell what you have in profit and I think the best thing you can do is to add up some capital then buy some coin what you like to hold again. But if you are curious to know on how to trade better read the experiences of the traders here on forum since I'm sure you can learn from what they do and can apply it when you do trades on your own.
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sunsilk
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October 20, 2021, 10:49:53 PM |
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Aside from buying as what has been the safest of them. There are other things that you can do for adding crypto in your portfolio without trading.
Sell some of your stuff for bitcoin or any crypto you prefer.
Work for someone and offer your skills and ask the person to pay you with bitcoin or any crypto you prefer on your bag.
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Darker45
Legendary
Offline
Activity: 2716
Merit: 1918
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October 21, 2021, 01:00:09 AM |
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Hello, OP! Your fellow newbie here is suggesting the best thing to do for you to grow your crypto bag without trading. So, keep buying when you can and as much as you can afford to. Considering that you are still new to crypto, I advise you to avoid trading, staking, and other risky stuff in the market. I'm not saying avoid it forever. What I'm saying is that these things are not for newbies. If you want to get into them, you have to familiarize the market first. You have to understand its dynamics. Only after understanding it that you could shell out an amount and take risks. For now, it is better to spend most of your time working and setting aside a portion of it for Bitcoin. If you have vices and all kinds of unnecessary expenses, try to limit them and save the money for Bitcoin. It pays off.
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Luffygroove
Member
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Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
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October 21, 2021, 04:27:44 AM |
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As a newbie, you might ever hear airdrop and bounties or might not. That's a slight of another way to gain some profits in the crypto world aside from trading. Airdrop means you'll get some amount (usually a little amount) of the project's token by doing some easy tasks one time. Meanwhile, bounty means you do some tasks (medium to difficult) to gain those project's tokens (sometimes stable coins or well-known tokens) as rewards. Usually, the tasks need to be done in a long period (a month or more) and the amount of the reward depends on the quantity and quality of your tasks. You can sell your rewards and buy any assets that you want to add your stacks.
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jerry0
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October 21, 2021, 06:19:53 AM |
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Isn't staking and lending the only way?
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traderethereum
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October 21, 2021, 07:53:59 AM |
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If you prepare some money to invest in crypto, you buy bitcoin at a current price or buy when the price is getting down, making you have more satoshi's to hold. By holding your bitcoin in your wallet, you will have a chance to grow your money value in bitcoin day by day but you will also see reducing of your money value if the price is down. But you do not have to worry because your money value will grow in the future so you will see that your profit will be bigger. That is one of many ways you can grow your bag without trading and I think that is safe for you and other people who do not learn about bitcoin.
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dbc23
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October 21, 2021, 09:23:15 PM |
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You could try out Arbitrary trading or staking. Arbitrary trading woukd be more safer since you need to acquire the technique to either trade spot or future trading. In Arbitrary you only take advantage but of the slight difference in price across exchanges then make profit from it. You can also decide to stake or farm your coin
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tvplus006
Legendary
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Activity: 2436
Merit: 1881
To the Moon
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October 21, 2021, 10:12:50 PM |
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...So, are there ways to increase my bag without Trading?
If you are a good specialist in a certain industry, you can try to get paid for your work in cryptocurrency. If this is not possible, you can convert part of your salary into cryptocurrency and thus become its long-term holder. But this will require knowledge and skills to make the right choice of a coin that has great potential to increase the price.
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Yamifoud
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October 21, 2021, 11:26:04 PM |
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Hi everyone, I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.
I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?
No, don't ver try trading if you don't ready and knowledgeable enough cos you will just lose your money. I suggest you staking as the best strategy to use while you were still learning about trading. Although it was just a small penny return at least you are still earning and have no time wasted. hence I don't want to rush in.
That is right...you need to be patient because learning trading will not happen in just one day but days, weeks, or even months. You will certainly reach your goal in a perfect time, only you need is to keep going and learning.
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Oceat
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October 21, 2021, 11:55:03 PM |
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Isn't staking and lending the only way?
Don't make such move in this very volatile market since no one could actually tell what could be the price tomorrow and investing the money that you lent or borrowed is always not a good choice. Make it a practice not to do that move because it happens already in the past where most people sold their house, quit their good paying jobs, or borrowed some money but they didn't expect to happen that the bubble suddenly crush and all that's left to them is frustration while looking at their portfolio going down every day. It's better if you can find another good paying job/side hustle in order for you to invest/add more to your Bitcoin portfolio.
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3996
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Rruchi man
Legendary
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Activity: 1428
Merit: 1104
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October 24, 2021, 05:13:04 AM |
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There's this fiat saving style that is done in my country. People refer to it with different names such as osusu, akawo etc. It is generally a model where a fixed number of persons (for example 10 persons) agree to contribute a fixed sum daily/weekly/monthly depending on the agreement. After every one contributes, the money is gathered and given to one of the participants, that is 1 participant from one example collects the contribution of the other 9, If the contribution runs for 10 weeks, at the end of each week, another person collects every body's money and then he/she contributes for the next week for another person to take. People use this model to save fiat for themselves, if we can apply this model to cryptocurrency, i believe it is a way to grow your crypto Portfolio.
They only challenge to this is the issue of fluctuating rates, which i believe a solution can be put forward to.
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WePiggy
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“In Piggy, We Get Rich!”
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October 24, 2021, 10:56:50 AM |
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Safest option is to find a good DeFi project that will allow you to loan your assets and gain interest from the loan, that way you won't lose them from bad trades. Also, some projects will reward you with their governance token in addition to you gaining interest from your asset loan as well. Hard to lose when using these platforms!
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CryptopreneurBrainboss
Legendary
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Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
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October 25, 2021, 06:50:59 AM |
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Safest option is to find a good DeFi project that will allow you to loan your assets and gain interest from the loan, that way you won't lose them from bad trades. Also, some projects will reward you with their governance token in addition to you gaining interest from your asset loan as well. Hard to lose when using these platforms!
Immediate you store your Bitcoin/coins on platform that take over control of your Bitcoin, then you don't have any Bitcoin obviously until you get them back under your full custody (in personal wallet) again. Haven't you heard of the phrase, 'not your private key, not your Bitcoin'. The safest option to increase your bags without trading has already been said in the first reply been merited above. You should just be buying more Bitcoin with fiats but the problem here should be how to get more fiats, that you have to sort out yourself. Defi aren't no safe option buddy, they're getting exploited every now and then and the chances of this project exiting scam are high and in the next bear market which is coming soon, 90% of them currently in the market will die down or lose their trading volume due to the sector losing hype.
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kryptocanon
Jr. Member
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Activity: 168
Merit: 4
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October 27, 2021, 10:45:37 PM |
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Isn't staking and lending the only way?
Of course staking and lending are not the only way. I think you need to try the p2e NFT gaming mode where you'll get more substantial profit.
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LordMiguel
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Activity: 175
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ITSMYNE
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October 28, 2021, 01:59:54 PM |
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Get a job or a skill work that pays. don't do bounties here. they pay peanuts and you can't make anything from it. find something that can pay you offline. then invest a little percent of it in bitcoin and ethereum. Or any of the token coin in the crypto market. it will surely payoff in the long run. be careful of where to invest your money to avoid buying the wrong token. Note, there are duplicates and some coins are fake.
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