What Are Some Of The Most Efficient Ways To Invest My Bitcoin Earnings?

[Cryptomultiplier]

Following my quest to get the best out of Bitcoin; I joined this forum as a newbie and have grown to the full member level with my knowledge base on the subject matter showing significant improvement. I have also joined campaigns from which I have earned. My concern right now is in regards to my future here and the best possible way to reinvest my earnings so I can make profit from it.

The logical choice for me had always been to withdraw my earnings to my wallet or better put, cash out, but with my recent renewed interest in crypto currency, especially bitcoin, I have come to understand a little and have questions bothering on how I can instead invest my earnings or even if it is just a fraction of it into bitcoin or any sure cryptocurrency for profit sake.

What are some of the most efficient ways to invest my bitcoin earnings to yield profit and is the strategy of investing due for long term or short term period?

What steps do I need to take to ensure this works?

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

[CryptoPanda]

I’m quite confused here. What earnings are you talking about? At one point I thought you were referring to your signature campaign earnings but it can’t be that since most of the campaigns pay their participants in bitcoins. You already have the bitcoins, hodl for as long as you can. There’s no shortcut, set a goal in mind and you hodl till the market reaches that point where you want to sell. I wouldn’t recommend trading or swapping for altcoins, you will quickly lose all your money.

[Zaguru12]

Fortunately most campaigns pay in bitcoin and you are definitely at the period where accumulation of it is advised. If there is any other means to sustain you then I will advise you to hold on to bitcoin. Better still to you can convert some to fiat for daily spending. With the weekly earnings you have the Luxury to do DCA. But do not spread this earnings to altcoins.

[Oceat]

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

I assume you are trading or scalping so, the answer might be consistency I guess but it depends on how much did you really earned with your investment. If it's big enough then it's good to reinvest it back after a few weeks or days from getting the profit or you wait until the price drop down so you can buyback with a cheaper price. But if you are planning to invest for long-term, then you should have one time big cash ready to invest and hodl it for a long time.

[mk4]

If you're thinking about those yield-bearing platforms, then forget about it. It simply isn't worth the risk. If you want profit, sell some of your bitcoin and start a business/gig or get a second job(or first, if you currently don't have one).

[BIT-BENDER]

Congratulations on your earning, I guess you joined something you rendered your services to and got paid for rendering your service I believe I am correct on that.

Also you saved up your earnings from that means right? Ok let’s go back before you begin taking up those services you did not have as much bitcoin as you have now and you didn’t lose them? People can tell you to take risk and become rich, go into trading and so on but I would tell you to be patient and continue expanding your service and accumulate your Bitcoin.

[o_e_l_e_o]

What are some of the most efficient ways to invest my bitcoin earnings to yield profit and is the strategy of investing due for long term or short term period?

Step 1 - Hold bitcoin in your own wallet
Step 2 - Wait

That's it!

You can try to day trade if you think you have the knowledge to beat the market, but most newbies who try day trading end up losing money. Anything else is just too risky. Any centralized platform which offers interest, yields, lending income, etc., will take your coins and essentially gamble them on the open market or high risk investments, if they don't just steal them outright, and there is a high chance that you will lose everything, as has happened with literally millions of users across dozens of such platforms which have all gone bankrupt in recent months.

[Upgrade00]

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

There's no amount that is too small to invest in Bitcoin, you just need to hold long enough. And when you steadily DCA you should eventually get enough Bitcoin that would be substantial to hodl.
Bitcoin does not only pay off after a "one time big cash investment", small, regular investments have the same effect and is very useful for those that do not have a large chunk of money stores away.

[sunsilk]

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

It's not a waste to reinvest you earnings. But what you really seeking with after you profit from holding bitcoin? That's what you're looking for and maybe to some real business but since you've mentioned how small it is.

You better practice first how to save the profits that you're making or just hold it and sell all at once so that you can reinvest it to what you think is also another good investment.

As mentioning with these yield products, they're not enticing and your question seems to be wanting to look for an answer where you'll reinvest your profit in bitcoin into another altcoin and have it enrolled to a yield/APY product on exchanges and wallets.

[Saint-loup]

Following my quest to get the best out of Bitcoin; I joined this forum as a newbie and have grown to the full member level with my knowledge base on the subject matter showing significant improvement. I have also joined campaigns from which I have earned. My concern right now is in regards to my future here and the best possible way to reinvest my earnings so I can make profit from it.

The logical choice for me had always been to withdraw my earnings to my wallet or better put, cash out, but with my recent renewed interest in crypto currency, especially bitcoin, I have come to understand a little and have questions bothering on how I can instead invest my earnings or even if it is just a fraction of it into bitcoin or any sure cryptocurrency for profit sake.

What are some of the most efficient ways to invest my bitcoin earnings to yield profit and is the strategy of investing due for long term or short term period?

What steps do I need to take to ensure this works?

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

The most easy way is certainly to lend them on serious exchanges in order to fund margin trading orders or to give liquidity to some markets. But as you know, when it's not your key, it's not anymore your coins. So you need to trust the exchanges where you are doing your lendings. You can also do some more sophisticated things like cash and cary trades with futures https://insights.deribit.com/education/cash-and-carry-trades/ or trying to chase bets with positive expected value on sportsbooks and casinos.

[Coyster]

I have come to understand a little and have questions bothering on how I can instead invest my earnings or even if it is just a fraction of it into bitcoin or any sure cryptocurrency for profit sake.

Don't bring in "sure cryptocurrencies" into the picture, if it isn't Bitcoin, then it is altcoins; and if it is altcoins then it is probably scam coins/pump and dump/rug pull projects, etc, they are too risky for your income and you might lose what you have managed to save up, if you aren't a gambler, then focus on Bitcoin and don't go down that path.

Having said that, you need to have the patience necessary to invest in Bitcoin for the long term. If you receive some of your income in Bitcoin, then there isn't a need to talk about reinvesting it, you can just basically hodl it for the long term, and take any income received there as your long term investment. There are quite a lot of risky methods people might advice you to indulge in to make ROI from your Bitcoins, but more often than not they'll end up scamming you of your hard earned coins.

[Cryptomultiplier]

I appreciate everyone's candid opinion and have come a conclusion that it is way better to compound my earnings and wait for a right moment to invest all of it into something I have been wanting to do, also as regards using the DCA strategy if I so desire to invest long time.
Thanks everyone.

[aysg76]

Step 1 - Hold bitcoin in your own wallet
Step 2 - Wait

That's it!

You can try to day trade if you think you have the knowledge to beat the market, but most newbies who try day trading end up losing money. Anything else is just too risky. Any centralized platform which offers interest, yields, lending income, etc., will take your coins and essentially gamble them on the open market or high risk investments, if they don't just steal them outright, and there is a high chance that you will lose everything, as has happened with literally millions of users across dozens of such platforms which have all gone bankrupt in recent months.

Those platforms where you stake your coins to earn interest over them are just scam and will not provide you anything or the other part is they have so many security patches making those sites vulnerable to hacks leading to loss of funds.So if you have invested in high yielding projects they will not be able to pay you off but also freeze your coins so avoid them at any cost.When you see such lucrative offers they are fraud in the start only and many have lost their bitcoins through it so if you have bitcoin it's already a earning so keep them safe with you.

As you have mentioned I would like to add that :

1) Keep your coins in your custody away from those CEX you found safe heaven for your coins as not your keys, not your coins

2) Backup your seed phrase safely in multiple locations and keep in mind they remain safe without anyone knowing about it.

3) Wait for some years or HODL for long term if you want to have more returns or be in profitable situation over your bitcoin investment.

Rest all ways you will find can lead to loss of funds as this is very risky market and one mistake can invite scammers to yourself disposing off your funds to them so be safe with your bitcoin.Day trading is possible but as you said gaining profits out of it is risky but if you are ready to invest your coins in some projects for some time in hope of return which is not happening it's better to just hold your coins with you.

[ajiz138]

I appreciate everyone's candid opinion and have come a conclusion that it is way better to compound my earnings and wait for a right moment to invest all of it into something I have been wanting to do, also as regards using the DCA strategy if I so desire to invest long time.
Thanks everyone.

If you already have income outside of bitcoin/forums then that's even better because your needs have been met so there's no need to bother with bitcoins that have been earned so far getting here so the most important thing is that you have to be consistent in holding bitcoins all this time.

The best way to invest your bitcoins is, make payments from your signature campaign a weekly DCA strategy, so you don't have to spend money out of your pocket for this more clearly you keep holding bitcoins as long as possible this will make the value even greater for the long term.

You can also earn from trading, but you have to be prepared for the risks, sometimes trading in the bearish phase will not be easy even though you already know the pattern of how to trade.

[Frankolala]

You have started an investment already or don't you know that your campaign money is in bitcoin and you have a wallet in your custody. If you don't have a noncustodial wallet,pls get one and keep all your bitcoin in it.

This is the period where people are selling some of their unwanted belonging to buy bitcoin or use their earned money to buy bitcoin and hold for long because they believed it will be profitable at the long run. So I will advice you to calm down and continue with you campaign, to keep piling up your bitcoin, if you can do this for a year or two without selling till the right time,you will be proud to be a member of btt. Always do DCA on your investment

[Findingnemo]

Let me tell this is what you're saying, you're earning cryptocurrencies and now you want to invest bitcoin into cryptocurrencies which can give more bitcoins than you deposited.

Yes you can and the primary choice is trading where you can start with as low as possible and convert it into a big sum but its not easy though and investment platforms like something staking or others not really preferable unless you have tons and money and can't able to manage it as your active investments so you're settling a part for low returns over a period of time.

[hatshepsut93]

It depends on how much money have you earned. Is it enough to change your life? To generate passive income that can sustain you? Or is it an equivalent of a few salaries?

If you earned truly a lot of money, it's better to put aside a large share of it, like 70-80% and invest it into a diversified portfolio of low risk, stable yield assets like stocks, bonds, bank deposits, real estate, etc. The rest can be split between cash and Bitcoin.

If you haven't earned enough to create a decent passive income, then you should put most of your money into Bitcoin, hodl it and wait for a peak of a bull market to sell it.

[lalabotax]

What are some of the most efficient ways to invest my bitcoin earnings to yield profit and is the strategy of investing due for long term or short term period?

I don't know if this is efficient for you or not. But this is what some of ways that I am doing.
I got earning from the campaign in Usdt. It is not really big, but enough for me as side earning for my life.
I commonly will.split my earning into two, half for converting to my local fiat and half for investment. I decided to invest in Bitcoin although it is small by small amount because thsi is bearish era in which the price of Bitcoin is down enoguh. So, I think that collecting more Bitcoins during this bearish era will be worthy for me at least holding them until the bullish era happenijg. It may take some years later and if I can continue and stay splitting like this, this willl be good for adding amounts from month to months. It is no worry if I am investing only small amount because that is what I can afford. But if we are doing it consistently, I am sure it will be big for us later.

[examplens]

What are some of the most efficient ways to invest my bitcoin earnings to yield profit and is the strategy of investing due for long term or short term period?

What steps do I need to take to ensure this works?

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

in relation to the current state of the market and the very low price of Bitcoin, I would advise you that holding bitcoin is the smartest investment. in the long term, this is where you have the lowest risk of loss, while all those yield promises carry a high risk, not only will you not make a profit with them, but you will remain at a loss.
also, you can't expect to get an answer to such a question here, who can predict such a thing?

[qwertyup23]

What are some of the most efficient ways to invest my bitcoin earnings to yield profit and is the strategy of investing due for long term or short term period?

What steps do I need to take to ensure this works?

Is it a waste of time to try to invest my earnings no matter how small into bitcoin at this stage or is it something that only pays off after a one time big cash investment?

Personally, one of the most efficient ways to invest your BTC is to HODL them for short/long-term depending on the price. As a rule of thumb, you may withdraw your earnings as soon as you accumulate a profit on your end. Regardless of the margin, the important thing to note is the profit that you would receive.

As someone who has never purchased BTC, I earned primarily through participating in campaign signatures. In that way, majority of the BTCs that I receive is what I HODL for long-term since I never purchased it.