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Author Topic: How to accumulate more bitcoin other than buying with FIAT.  (Read 504 times)
UserU
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December 02, 2021, 03:20:46 AM
 #61


Well that right --even now airdrop still exists, just open an account of Freebitco.in and they have still given sats per hour. At least you have bitcoin for free but I don't think what is the minimum amount before you can withdraw. It could be the contest too or any promotion that given bitcoin, you may accumulate once you will win the contest and I did it in Roobet before, I won some bitcoin by joining their contest and it is totally free that you will get in exchange for your art.

After the recently adjustments, the rates are quite low, way lower if you don't wager.

Minimum amount is at 30,000 (~USD 17) Sats so without active referrals, that would take painstakingly long.

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December 02, 2021, 06:11:10 AM
 #62

You can look for online jobs that pay in the form of bitcoin. There are several online games that pay the reward of winning in the form of bitcoin. You can play those games if you are a gamer.
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December 02, 2021, 09:38:30 PM
 #63

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.
Although newbie and low rank members can participate in bounty campaigns that pay with altcoins, but the risk is very high. Because based on
my experience, participate in bounty campaigns with altcoins paid most of the altcoins earned are shitcoins. So selling it was very difficult and
also the price fell very cheap, there are even those who have earned altcoins for years that have not been listed on any exchanges. And a very
small percentage of bounty campaigns pay with good altcoins. So as I said before, it is indeed more effective to collect Bitcoins by buying with fiat.
We can make USD from various online jobs, so the income we get can be bought Bitcoin.
 
Well, its not only through bounties you can earn bitcoin, there are still other ways to do it. If you have special skills in crypto, then you can work for a certain job which requires it and have paid in bitcoin. If you have some alts that you think some are already not in high value, then you can sell it and buy bitcoin. And lastly, get involved in mining bitcoin. Although this needs more funds but if you want to have more bitcoin, then this will be a big help.

Unfortunately not many people have special skills in crypto, which is why most people prefer to participate in bounty campaigns.
Your suggestion is correct, if we have altcoins that don't have the potential to have a great future, it's best to sell it immediately
if it still has demand. It's okay to just be priced cheaply than end up being deadcoins in our wallets. Regarding mining, it does require
large capital, but if we study it properly, mining Bitcoin can indeed help generate Bitcoin. But for now I'm still not interested in mining Bitcoin,
apart from requiring large capital, I also still don't have enough knowledge about Bitcoin mining.

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December 02, 2021, 10:28:16 PM
 #64

I know some ways to accumulate more bitcoin and not by day trade or trading. That way will be mining, staking, and lending.
Mining, you mine bitcoin from your home or other places using hardware or GPU. You can search for more explanations from other resources.

Mining bitcoin with GPU will not get you bitcoins, it will get you a lot of debt from the electric company.

Staking, you can stake on an exchange such as Binance which will reward you. But I do not know how many the rewards.

What would "staking" bitcoin achieve? Binance is offering interest on lending your coins, it's not staking, at it's 3% APY.
But! you have to have coins in the first place!

Another way you can get it is by working and getting paid in Bitcoin. You can tell your employer or contractor to be sending you payments through bitcoin.

What is the difference between getting paid in $ and exchanging those for BTC?
If you bake your own cakes it doesn't mean they are free if you still have paid for the ingredients, same here, you've worked and you get paid for something, it's not a specific way to get bitcoins.

Why is everyone focusing on working for BTC?
What would you choose between a job that pays you 10$ an hour and one that pays 0.0001 BTC?

Anyhow OP, you've had your answers, lock the topic, it's not only getting useless but also misleading with all these answers.

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December 02, 2021, 11:29:14 PM
 #65

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

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?
Maybe the most logic to explain it if not mining, then earning from airdrop or bounties. Because trading and gambling means we must deposit our fiat or buy bitcoin / other crypto with fiat first. If mining, fiat must used to buy mining rig first and if earning, means we not use any capital to do it.

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December 02, 2021, 11:35:45 PM
 #66

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

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?

There are various of ways to earn BTC without purchasing it via fiat.

First, you may offer your services and skills for a consideration of BTC under the marketplace. Dozens of people have already created threads where they offered to do something in particular to an individual and the payment is through bitcoin. Another thing, you may also participate in campaign signatures where the payment is usually paid in BTC weekly.

In my opinion, I consider the 2nd method to be the most convenient way of earning but the only hindrance would be your forum rank.
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December 03, 2021, 03:52:24 AM
 #67

Here's what I've learnt so far about accumulating bitcoin or any other asset for that matter. If you stake it, you could actually generate some APY for yourself. But what I do mostly is save it in my AuBit Freeway network. Whenever anyone makes a bitcoin transaction in the network, 80% of the what AuBit gains from the transaction is sent to the liquidity pool, basically shared amongst the bitcoin holders. This way, I get over 40% APY from just saving my coins in the network.
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December 03, 2021, 10:50:35 AM
 #68

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

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?

There are various of ways to earn BTC without purchasing it via fiat.

First, you may offer your services and skills for a consideration of BTC under the marketplace. Dozens of people have already created threads where they offered to do something in particular to an individual and the payment is through bitcoin. Another thing, you may also participate in campaign signatures where the payment is usually paid in BTC weekly.

In my opinion, I consider the 2nd method to be the most convenient way of earning but the only hindrance would be your forum rank.

Right. As you can’t participate in most of the signature campaigns that are paid in bitcoin once your position is still in newbie, member or full member. You still have to level up your position so you will be qualified. In addition to your various ways, if you have some other potential coins in your portfolio, you can sell it and convert into bitcoin. In this way, there’s no need to pay for it. You can consider too mining for bitcoin if you are aiming for huge number of bitcoin but that may somehow require a capital to make it possible. But i believe the best way to accumulate bitcoin is through purchasing it with fiat. The more you spend, the higher chances for you to make bigger profits.

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December 03, 2021, 11:02:09 AM
 #69

Well, the fastet way to accumulate more bitcoin is to either buy it using fiat or do trading. But since it's not on the question, there are still some way more ways to accumulate or earn bitcoins for FREE.
• You can mine it if you have the proper materials needed for it, sure it's costly but it's nothing when you eventually mined something about it.
• You can also do Lend/Loan bitcoins to other who needs it and give it some interests to make some profits depending on how long or how much is it.
• Play online games and be paid in cryptocurrency such as bitcoin.
• Lastly, you may know it but I will still say it, apply to signature campaigns in this forum to accumulate bitcoins.

If it's still not for you, try to search in the internet on how to earn or accumlate bitcoins. Cheer up mate!

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December 03, 2021, 12:13:05 PM
 #70

if without fiat to get bitcoin you can mine it but to mine you also need capital to buy a mining machine which in essence you will get bitcoin with a mining machine so you don't issue fiat to buy bitcoin.

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December 03, 2021, 12:19:05 PM
 #71

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

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?
Airdrops, bounties, or maybe offer service that paid in crypto. Because earning in crypto we can do anything that we want, from gambling to trading or if not want to use capital just work for other people or company and you can increase your portofolio with it.

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glendall
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December 03, 2021, 02:18:30 PM
 #72

many ways to get bitcoin without buying it with FIAT,
For example, in this forum there is a bounty where there are various campaigns such as social media, articles, signatures and much more.
You can exchange your income from the bounty with bitcoin, my friend
besides that you can also trade daily, weekly, so your usual profits buy bitcoins or you trade in BTC pairs

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savetheFORUM
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December 04, 2021, 05:55:53 PM
 #73

many ways to get bitcoin without buying it with FIAT,
For example, in this forum there is a bounty where there are various campaigns such as social media, articles, signatures and much more.
You can exchange your income from the bounty with bitcoin, my friend
besides that you can also trade daily, weekly, so your usual profits buy bitcoins or you trade in BTC pairs
For you to trade it requires you have money that you will first invest, which eliminates his whole idea of earning Bitcoin without having to buy it with FIAT.

And of course I do know that earning bitcoin these days without fiat is a very difficult thing to do, it isn’t like in the old days when bitcoin was being giving out for free, and there are lots of ways to get it online just like faucets (I knew a lot of faucets back then that were really paying well, and one of them I knew back then was even paying up to 700 satoshi every fives minutes, while others were paying 50, 100, or so.). Well, I think his best bet would be through campaigns.
Ultegra134
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December 04, 2021, 06:09:30 PM
 #74

The first Bitcoin I had acquired was through faucets, but that was back in 2013-14, so that's out of the question. However, the most I acquired mainly derived from signature campaigns here, mining (through Nicehash) and occasional trading.

Your best bet would be a signature campaign, doing tasks that pay in Bitcoin, or if you're up for a challenge, short trading.

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Wiwo
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December 04, 2021, 08:21:45 PM
 #75

Well, there are various ways to earn Bitcoin without having to buy with fiat money, you can join signature campaigns and bounties that pay you in Bitcoin or you trade Bitcoin on the exchange. You will need to work on your account to rank up before you can join signature campaigns that pay with Bitcoin, if you have a skill that someone can hire you and pay you in Bitcoin.
DoublerHunter
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December 04, 2021, 09:39:15 PM
 #76

Well, there are various ways to earn Bitcoin without having to buy with fiat money, you can join signature campaigns and bounties that pay you in Bitcoin or you trade Bitcoin on the exchange. You will need to work on your account to rank up before you can join signature campaigns that pay with Bitcoin, if you have a skill that someone can hire you and pay you in Bitcoin.
^ You mean that in return for your service you will earn BTC right?
That is definitely right, through your service you will earn BTC, through faucet you can earn BTC, through an affiliate, through a contest, swapping your valuable stuff in exchange for BTC and etc. There are a lot of them that you can earn BTC without having money, but I don't know how much the time will take before you can accumulate a big amount because, in faucets, they only give a tiny fraction of BTC that it could take years before you can withdraw.
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December 04, 2021, 11:30:10 PM
 #77

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

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?

there are several ways to accumulate more bitcoin online. Let me mention you a few below:

1. freelancing job for bitcoin
2. selling digital products for bitcoin
3. cryptocurrency exchange referrals for bitcoin
4. crypto yield farming and staking for more crypto
5. joining crypto airdrops and bounties

frankbitcoin
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December 05, 2021, 05:43:10 AM
 #78

Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day.  Wish those days still existed lol
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December 05, 2021, 01:19:06 PM
 #79

Back in the day there was a faucet where you could solve a captcha and earn up to 5 Bitcoins per day.  Wish those days still existed lol
Those are days when bitcoin is given to people as free giveaway. Such scenario have changed with the increasing adoption resulting in price increase. The price increase made more such bitcoin faucet sites go shut. Everyone wish for such old days, but it is quite impossible. For now the best way is provide services in exchange for bitcoin.

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December 05, 2021, 01:44:31 PM
 #80

Mining it is an option, which isn't really feasible depending on your environment and resources but it's one of the ways you can earn it.

Trading is another option but it takes intellectualism to get this done in a very good manner and earn profits to purchase bitcoin

Rendering your services also and getting paid in bitcoin is another option to consider
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