thepeterson (OP)
Jr. Member
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July 15, 2023, 01:52:10 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
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bc1qayjc2zk32dthw9pqakrv8twtm8neawux4l72t7
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_act_
Legendary
Online
Activity: 1008
Merit: 1269
Lightning network is good with small amount of BTC
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July 15, 2023, 02:00:40 PM |
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If you put your bitcoin on a gambling site and gamble with it, you are most likely going to lose all that you use to gamble. Gambling is not a way to grow your coin.
Just hold your bitcoin on a noncustodial wallet and wait for the bull run to come. The bitcoin do not grow in number but grow in value if comparing it with fiat.
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kaseygriffin
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July 15, 2023, 02:07:15 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
short term or long term bitcoin/fiat strategy both have volatility, i don't want to complicate matters just accumulate until get profit and feel good to take profit, and repeat that many times automatically the number of bitcoins will increase. Of course, in the crypto space we can come across many different forms of asset optimization to increase profits and it always needs to be studied, I think if our experience is not yet successful we want, it is simply that the experience is not enough and needs to continue to be more patient.
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Z-tight
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July 15, 2023, 02:07:52 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Yes there is, just by buying more BTC's! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Stepstowealth
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July 15, 2023, 02:10:36 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Ways to grow your bitcoin 1- Trade with it: It is not a must to trade, and if you must trade, realize that it is risky. (high Risk) 2- Keep the bitcoins you have while you wait for the bull season. (Medium risk, because it can get lost or stolen if you do not keep properly) 3- Keep buying bitcoins to add to what you have. I do not think there is any method that is does not have some risk associated with it, Knowing the risk will help.
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Nwada001
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July 15, 2023, 02:12:06 PM |
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You both mentioned that increasing your Bitcoin is riskier than holding it. First, holding your Bitcoin in a custodial wallet is more risky than anyone could imagine. This is because:
1: You don't have full control over your Bitcoin again the moment you deposit it into a custodial wallet. 2: Your account can be frozen for some unknown reasons, which might result in you losing access to the account forever. 3: Hacking: If the custodial system ever becomes a victim of a hack, your funds won't be spared, and I don't see any form of T&C that allows a centralized system to pay back its customers deposits if it is hacked. 4. You will need to seek permission before you can use your Bitcoin when ever you want to; you can't just use it when and how ever you want.
Gambling, like _act_ mentioned, is even worse because you might become an addict and gamble all your funds, with no way of getting them back. So the safest way is to hold and wait until the bull run, when you can be sure of some profit.
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TheUltraElite
Legendary
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Activity: 2996
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So anyway, I applied as a merit source :)
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July 15, 2023, 02:12:53 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
No method is risk free or proven to be low risk but traditionally long term holding is a safe method to grow the value of coins as per their fiat price changes if you are selling at higher price than what you buy at. Previously many casinos had the option to invest in their bankroll, but these options are limited now and hence I dont recommend much of them anymore. Remember that low risk also means low reward. It ends up being a 5% Fixed deposit like in a bank, though such options are not much in circulation. In yeild farming and staking and all, again the risk is enough to clean up your staked money if the company crashes or rugpulls. Then you have masternodes, which require a huge investment, check them out if you can. Many options indeed, but buying more coins at low price and stocking them up is a option that is always available to you.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Zaguru12
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July 15, 2023, 02:13:28 PM |
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The safest way to grow your coins with very minimal risk just like what _act_ pointed out is through holding ins non custodial wallets and most likely open sourced like electrum. Holding is using profitable whenever you hold on for a very long time with this the price of the coin might have grown or better still you would have saved your coins from devaluation due to inflation which affects the fiat currency.
Aside this, the other way again to earn or grow your coins in profit will be through trading. Aside that you need to have extensive knowledge about it, it is more riskier than holding and all most similar to APY since you need to trust your coins with centralized platforms.
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Onyeeze
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July 15, 2023, 02:19:57 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Bitcoin don't have any other method of growing it, it only have to keep at your wallet storage which you know that you will not withdraw it in any point or any challenge you you find yourself, bitcoin grows when the market is in progress in the market and apart from that bitcoin doesn't have any other way of growth, when the market turn green it after all the bitcoin in any wallet that is how the technology of bitcoin works
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Ever-young
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July 15, 2023, 02:22:34 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Yes there are some a bit less risky way of multiplying your Bitcoin. Try out whirlwindmoney the APY is better than just holding in your wallet since you are looking for means to multiply your Bitcoin. Their reward campaign is still open and they have a good reputations here on the forum as of when last I checked their are some Escrow done in other to build trust while running the Anonymity mining campaign. And their campaign is also being managed by one of the most respected manager Sir Hhampuz. So they are to be trusted you can give it a try.
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_act_
Legendary
Online
Activity: 1008
Merit: 1269
Lightning network is good with small amount of BTC
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July 15, 2023, 02:30:55 PM |
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Aside this, the other way again to earn or grow your coins in profit will be through trading. Aside that you need to have extensive knowledge about it, it is more riskier than holding and all most similar to APY since you need to trust your coins with centralized platforms.
Because you will have to depend on centralized exchanges for your coin, that does not make it to be similar to staking which I think is what you referred to annual profit yield. They are both different. Trading too is very risky and I will not advice anyone to do it unless he is using the money he can afford to lose to trade. Trading can be as risky as gambling for some people. In return, loss may be the result.
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komisariatku
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July 15, 2023, 02:38:20 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
I see no other way to earn bitcoins with less risk. The lowest risk is with you buying more bitcoins than you have money, maybe from your monthly salary. If you have trading analysis skills maybe you can use it for trading but I think it is high risk. If you don't have any expertise in this area, it's better to forget about it The easiest and least risky way is for you to hold your bitcoins until the price goes up. You will benefit from rising bitcoin prices. How much profit you get depends on how many bitcoins you hold
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Faisal2202
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July 15, 2023, 02:55:58 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
The simplest answer is, start trading with your BTC and Perform DCA. To understand how can you do that let's take an example: let suppose you have 0.5 BTC and the current market price of 1 BTC is around $30.3k. And suddenly like 2 days ago price of BTC reached $31.8k or maybe $31.9k that was due to XRP news. So if you would compare the profit you would made by selling those at $31,800+ and after booking the profit you could use the same profit to buy another amount of BTC when it will come down to $30k. Now the question is, how would you know that BTC will come down ever again or will go up. That's where the risk factor comes. But if you had good knowledge of crypto industry and you keep an eye on all the news means fundamental analysis and technical analysis then you would be 90% sure that price will come down to $30k for sure.
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Z390
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July 15, 2023, 03:00:52 PM |
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Gambling is the fastest way to lose your Bitcoin, if you don't believe me you are free to try and prove me wrong, if you want to increase your Bitcoin you have to keep buying with money you make from your salary or job or whatever that you make money from.
You can also buy a Bitcoin miner if you have cheap electricity bill in your country and start mining Bitcoin every day, you need to move them or get paid directly in your Bitcoin wallet.
You can start accepting Bitcoin in your business too, or if you have a skill that can make you money online like building crypto website for new projects or others you can start getting paid in Bitcoin instead of fiat.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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michellee
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July 15, 2023, 03:10:00 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Yes there is, just by buying more BTC's! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Agree with you. But I add a little that buying Bitcoin regularly can grow the Bitcoin you have over time. And don't think too much about the volatility of Bitcoin prices. Keep buying according to the schedule that you arranged. Another way is to stake your BTC on major exchanges like Binance, KuCoin, etc. It can also grow your Bitcoins but it has a certain amount of time before you can take profits and the Bitcoins. In addition, you can borrow your Bitcoins on the exchange because there is a feature on the exchange. But whatever you want to do, according to people's advice, do it only for the Bitcoin you can afford. It is never recommended to use all the Bitcoins you have because of the possible bad possibilities. Trading can also be a way to grow your Bitcoin but trading requires skill for you to make a profit.
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rozak
Sr. Member
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★Bitvest.io★ Play Plinko or Invest!
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July 15, 2023, 03:18:15 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
if you have a steady income from a job, you can consistently allocate a certain percentage of your income to invest in Bitcoin. don't think too much about the nominal, the most important thing is to do it consistently and you will see your Bitcoin investment will grow gradually without you knowing it. some investors with large capital may be able to make large one-time purchases and hold onto their Bitcoins until they grow in value. but for those who have limited capital, or small capital, maybe trading will look more attractive than holding their Bitcoin which is experiencing very slow growth. but this is also a risk for loss.
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Beparanf
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July 15, 2023, 03:20:27 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Just hold it and purchased Bitcoin regularly using your job salary is the safest way to grow your Bitcoin without the risk of losing it. APY mining is the low risk method that I know if you want to grow your Bitcoin slowly. There’s no proven low risk method aside from APY mining or Bitcoin mining if you don’t want to add more money to purchase Bitcoin. Joining signature campaign is one of the alternative but it’s not possible on your situation since your account rank is low to join.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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fuguebtc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 15, 2023, 03:24:19 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
You can't be too greedy and demanding too much, you can't want to be safe and increase your bitcoins at the same time. If there were any such method, everyone would use it instead of trying to hold it tight in their wallets. If you are unwilling to take risks for bigger rewards, you should continue holding your bitcoins and accumulating more with your fiat currency. Everything is proportional, high return comes with high risk, and safety comes with low return.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Z-tight
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 15, 2023, 03:26:30 PM |
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Now the question is, how would you know that BTC will come down ever again or will go up. That's where the risk factor comes. But if you had good knowledge of crypto industry and you keep an eye on all the news means fundamental analysis and technical analysis then you would be 90% sure that price will come down to $30k for sure.
90% sure? How did you come about that analysis, if it was so easy to check the TA and FA to be exactly 90% sure of BTC either rising or falling, everyone would be doing it and making millions very fast. Trading is very risky, and it should not even be an option for a newbie, because they are very naive and will lose their money very fast or fall for scams in trading groups on social media.
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jrrsparkles
Sr. Member
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Eloncoin.org - Mars, here we come!
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July 15, 2023, 03:28:09 PM |
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How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
Apparently there is no way to stake bitcoin in non custodial wallet because the Proof of Mining (PoW)[1] concept have no such thing called master nodes or validators so you can only apply the non custodial staking for coins which is based on Proof of Stake (PoS) [2]. The only feasible option to make more bitcoins with your bitcoin is by "acting as a Lightning node operator, you can earn fees for routing transactions on the Lightning Network" which I may not recommend since the returns are not going to be similar with staking on centralized platfrom with fixed lock up period so its better to just HODL and let the value to grow on its own. If you still want to learn about Can I make money running a lightning node?
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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