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Author Topic: How to accumulate more bitcoin other than buying with FIAT.  (Read 504 times)
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November 30, 2021, 09:33:56 PM
 #21

One thing I would caution you of is trading of any type.  For the vast majority of people trading, whether that means trading bitcoin or any investments for that matter, is something that is only suited for a very small percentage of people.  I think there are some small things you can do like with Coinbase they have you take quizzes to earn crypto, some coins have "air-drops" etc.

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November 30, 2021, 09:37:39 PM
 #22

  • Get paid in Bitcoin for different services provided by you.
  • Join bounties and trade it with bitcoin pair.
  • Receive gift cards on purchases and convert to bitcoin.
  • Make yourself highly skilled, and join in puzzles and recovering of lost wallets service.
  • Finally reach El Salvador, and the government will pay you $30 in bitcoin once you create your own wallet. Cheesy Cheesy Shocked

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November 30, 2021, 10:00:12 PM
 #23

Definitely there are other ways in which you can accumulate more bitcon without buying it. Firstly you can work for it in this forum there are some bounties which is run by some managers which pays with bitcon you can participate and after getting your reward then you hold it, secondly you can mine it which I believe requires much capital before you can start mining because you have to acquire mining machine and bitcoin minning is also ristricted in some countries.

Participating in bounty campaigns with Bitcoin payment cannot be followed by everyone, only members with high rankings can participate.
Maybe newbies or members with low ranks can start participating in bounty campaigns with altcoins paid, after that the altcoins that we get
we can buy Bitcoin. Actually around 2017 there are a lot of faucets, where we can get Bitcoins for free, but nowadays it is very difficult to find
legit faucets. Then related to mining, I do not recommend it, because mining Bitcoin requires very large capital. So indeed for now it is not easy
to collect Bitcoin without buying it, I prefer to buy Bitcoin regularly, according to our respective financial capabilities. It's the easiest and safest thing
to do for now, especially now that there are many online jobs that we can do, later the income that we get part of we can buy Bitcoin.

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November 30, 2021, 10:07:01 PM
 #24

Definitely there are other ways in which you can accumulate more bitcon without buying it. Firstly you can work for it in this forum there are some bounties which is run by some managers which pays with bitcon you can participate and after getting your reward then you hold it, secondly you can mine it which I believe requires much capital before you can start mining because you have to acquire mining machine and bitcoin minning is also ristricted in some countries.

Participating in bounty campaigns with Bitcoin payment cannot be followed by everyone, only members with high rankings can participate.
Maybe newbies or members with low ranks can start participating in bounty campaigns with altcoins paid, after that the altcoins that we get
we can buy Bitcoin. Actually around 2017 there are a lot of faucets, where we can get Bitcoins for free, but nowadays it is very difficult to find
legit faucets. Then related to mining, I do not recommend it, because mining Bitcoin requires very large capital. So indeed for now it is not easy
to collect Bitcoin without buying it, I prefer to buy Bitcoin regularly, according to our respective financial capabilities. It's the easiest and safest thing
to do for now, especially now that there are many online jobs that we can do, later the income that we get part of we can buy Bitcoin.

Yes that's true and you are very correct not everybody can participate in bounty that pays in bitcoin because is not really easy to get and most of those bounties don't really accept newbies and low rank members but I believe lot's of people can participate In bounties that pay with altcoins which is very easy to get on this forum and after getting your reward you can decide to sell it and buy bitcoin and hold.

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November 30, 2021, 10:09:44 PM
 #25

Definitely there are other ways in which you can accumulate more bitcon without buying it. Firstly you can work for it in this forum there are some bounties which is run by some managers which pays with bitcon you can participate and after getting your reward then you hold it, secondly you can mine it which I believe requires much capital before you can start mining because you have to acquire mining machine and bitcoin minning is also ristricted in some countries.

Participating in bounty campaigns with Bitcoin payment cannot be followed by everyone, only members with high rankings can participate.
Maybe newbies or members with low ranks can start participating in bounty campaigns with altcoins paid, after that the altcoins that we get
we can buy Bitcoin. Actually around 2017 there are a lot of faucets, where we can get Bitcoins for free, but nowadays it is very difficult to find
legit faucets. Then related to mining, I do not recommend it, because mining Bitcoin requires very large capital. So indeed for now it is not easy
to collect Bitcoin without buying it, I prefer to buy Bitcoin regularly, according to our respective financial capabilities. It's the easiest and safest thing
to do for now, especially now that there are many online jobs that we can do, later the income that we get part of we can buy Bitcoin.
Yes. There are still some quite number of signature campaigns who are paying bitcoin but since only high rank position are allowed to participate so you should still have to rank your position OP so you will be qualified. Other than that, there are also crypto jobs that require certain skills so you can give great services to the people and some are really paying in bitcoin. Bitcoin mining is also one way but it needs more capital rather than your effort. Maybe you can try digging up more in the internet so you will learn what are other ways to earn bitcoin aside from buying it.
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November 30, 2021, 10:32:12 PM
 #26

This gets asked often, but Bitcoin is a currency, and therefore whatever you can do with fiat, you can do with Bitcoin. However, Bitcoin does have some additions which offering more earning opportunities like bounties. To some extent you could also say signature campaigns, but there are other forums which pay for advertisement through signature, but with fiat so not exactly accurate. Although, I'm not really aware of anything like bounties in the fiat industry.

Most people will either offer a service or purchase it directly as an investment. There's no way of magically acquiring it. It's very much like how you would acquire fiat. 
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November 30, 2021, 11:22:17 PM
 #27

This gets asked often, but Bitcoin is a currency, and therefore whatever you can do with fiat, you can do with Bitcoin. However, Bitcoin does have some additions which offering more earning opportunities like bounties. To some extent you could also say signature campaigns, but there are other forums which pay for advertisement through signature, but with fiat so not exactly accurate. Although, I'm not really aware of anything like bounties in the fiat industry.

Most people will either offer a service or purchase it directly as an investment. There's no way of magically acquiring it. It's very much like how you would acquire fiat.  

But since the OP is still a newbie, maybe he can join those bounty programs via social media channels,  paying tokens or other coins. And once he received it, he can trade with bitcoin. And so he can acquire btc by joining these bounty programs that really do pay. However, if he is not into participating these bounty programs, he can always check the services section and see if his skills are needed. Because sometimes people are looking for individuals with specific skills like in programming and they will pay crypto. Getting coins from faucets is not advisable because you can get very small amount and spending much of your time collecting those free coins.
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November 30, 2021, 11:53:35 PM
 #28

If it is not about buying Bitcoin with fiat, the most activity done is by mining.
But mining is considered not really worthy again right now. But you can analyze it by yourslef and try it.
For me, Yes I so far only few times buying Bitcoin with fiat.
Mostly, I get Bitcoin from the signature campaign reward that I am using right now.
This is very worthy to me because I can invest Bitcoin from the reward. Thanks for RollBit and other campaigns so far I have ever joined.  Smiley

And are you doing trading right now?
You can also use the profits of your altcoins trading to buy some Bitcoin. We can use it even small by small amount.

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December 01, 2021, 01:58:22 AM
 #29

How are people accumulating more bitcoin other than buying it with fiat?
me? i accumulate mine by joining signature campaign and offering service in real life
and receiving payments in bitcoin.
there are more ways but first learn here in forum to be safe.
Quote
I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?
you have already have explanation above , all you have to do is to be consistent and make sure that you are ready and has a guts to extend learning.

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December 01, 2021, 04:57:11 AM
 #30

If you don't have the skills to grow your bitcoin holdings, you have no choice but to buy it and do it incrementally at the right time using Cold money without having to force it and do it within your means. it seems that many people do it that way and do well, and most importantly do it seriously and with discipline.

and if you want to learn and find out to get it for free or want to have the skills to develop it, fourum is the best place to search and learn what you need as mentioned here and also many sites or videos that provide solutions to increase your bitcoin and it all depends on your effort and hard work.

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December 01, 2021, 05:07:12 AM
 #31

There are only two ways to accumulate bitcoin, you either buy bitcoin with your fiat or work and get paid with bitcoin.

I'm not sure if you are aware of bounty campaigns or signature campaigns, but these are some ways to earn bitcoin here in the forum.
For bounty campaigns, it usually gives you altcoins as your salary or we call it to reward, but you can always trade it with bitcoin as long as it's listed in an exchange.

Explore more, I'm sure you'll learn more and see more opportunities.

here are the sections where you can check some opportunities to earn.

Bounties (Altcoins)
services


and you may also refer to this one, so you'll have an idea on the active signature campaigns.
Overview of Bitcointalk Signature-Ad Campaigns [Last update: 27-Nov-21]




Lastly, always remember to read the forum rules.

R


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December 01, 2021, 05:13:16 AM
 #32

Definitely there are other ways in which you can accumulate more bitcon without buying it. Firstly you can work for it in this forum there are some bounties which is run by some managers which pays with bitcon you can participate and after getting your reward then you hold it, secondly you can mine it which I believe requires much capital before you can start mining because you have to acquire mining machine and bitcoin minning is also ristricted in some countries.
Mining is not advisable due to electric bills that may cost you after awhile, before mining bitcoin is easy but now due to number of users who mined bitcoins it's quite hard to compete with. I prefer looking for services that can paid you in bitcoin or in their coins then after trade it with bitcoin. There are jobs now in services here in forum or some crypto group chats that ask for your skills and can be paid depending on your work. Many started here in forum thru bounties.

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December 01, 2021, 05:14:53 AM
 #33

I think Mining is one answer that is good enough to earn bitcoins without using your fiat, other than that you can trade and maybe for the last chance you can work in this forum.
This is the most possible thing especially by being on this forum, apart from us being able to add more knowledge than reading every latest uptodate information and news, you can also get paid even though the main goal of some people is not that but there is a payment made.
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December 01, 2021, 05:28:56 AM
 #34

There other option too, like offering your own NFT to others. Since this field is going boom in this time period you stand a good chance if you just come up with “what peeps loving these days”. What could be best than offering your arts, stuff or may be something that you can create physically or virtually. Either way just create something, look for the best platform to offer your NFT and world is already awaiting at the door to see some million dollar arts.

However, this option is only valid if you are skilled enough in the field of arts or imagination I would say.

But with more challenges comes huge rewards. Get the money either in Fiat or simply get paid in bitcoin.
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December 01, 2021, 05:35:57 AM
 #35

How are people accumulating more bitcoin other than buying it with fiat?
me? i accumulate mine by joining signature campaign and offering service in real life
and receiving payments in bitcoin.
there are more ways but first learn here in forum to be safe.
Quote
I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?
you have already have explanation above , all you have to do is to be consistent and make sure that you are ready and has a guts to extend learning.

Agreed, and I would advise you to put your time into learning new skills because newbies are notoriously impatient and eager to earn money as quickly as possible without exerting any effort on their part. It's great to hear that you're providing services physically and accepting bitcoin as payment, which means that more and more physical stores are accepting bitcoin as a payment method, which is a good sign because the majority of transactions are now taking place online. Hopeful that businesses in my area will begin accepting bitcoin as a method of payment.
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December 01, 2021, 06:10:30 AM
 #36

if you have skills and other knowledge? so of course you can make bitcoin than Buying .
If you can Mine? then it is best as well as long as your can afford a cheap energy consumption because Mining is really high on that.

next offering your skills inside the forum as there are tons of people here looking for assistance in exchange for Bitcoin.

and also bounty hunting but since you are a newbie it is limited for you.









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December 01, 2021, 06:20:53 AM
 #37

There are some ways by which people are not spending anything to buy Bitcoin and still accumulating btc at some point like :

1)You could ask your employer to pay you in bitcoin directly some portion if he agrees to do so and it's not banned in your country.

2)Provide some freelance service and ask the client beforehand to pay in bitcoin to your wallet

3) Try some faucets or games that pay in btc(but it's waste of time)

4) Mining Bitcoin but it would require you to spend heavily on building up the setup and then extra cost of maintenance and electricity.

So you could try some mentioned by members also if you could manage to make btc out of any of them it would be best for you.

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December 01, 2021, 06:26:22 AM
 #38

There are some ways by which people are not spending anything to buy Bitcoin and still accumulating btc at some point like :

1)You could ask your employer to pay you in bitcoin directly some portion if he agrees to do so and it's not banned in your country.


It's not viable 99% of the time. That thing is processed in batches by the HR payroll and there are lots of hoops to go through just to payout.

And also the price volatility.

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December 01, 2021, 07:26:23 AM
 #39

How are people accumulating more bitcoin other than buying it with fiat?

Following bounties and doing airdrops is one way to be able to collect bitcoins without having to buy with fiat, because later when the airdrop and bounty we do are finished usually they will give us a reward in the form of coins then we can exchange the coins for bitcoin, but if you really If you really want to collect bitcoins that way, you need a lot of faith and patience to be successful.

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December 01, 2021, 08:24:58 AM
 #40

Honestly there are lots of opportunities to get crypto for free on twitter, like airdrops, quickdraw with light tasks. And ever since memes and NFT coins became hype, there's been meme and other art design competitions every day with tradeable coin prizes. In addition, Twitter is the first social media used by crypto companies to announce the holding of prize events on their respective platforms such as AMA, voting and others.

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