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Author Topic: How to grow the bitcoin you have?  (Read 749 times)
BIT-BENDER
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July 15, 2023, 06:49:32 PM
 #41

The way to grow your Bitcoin that has the lowest risk right now is putting more Bitcoin in your and you can do this by selling out your service in Bitcoin let more of your source of income come in Bitcoin, create more avenues that brings in more Bitcoin for you, this would be the safest option for you or anyone right now.

Also if you have learnt about trading you can also take that route but it comes with it own risk, you can also partake in faucets or giveaways but like trading there are risks and also possibility of getting scammed of the Bitcoin you have.

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Mr.suevie
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July 15, 2023, 06:59:42 PM
 #42

The way to grow your Bitcoin that has the lowest risk right now is putting more Bitcoin in your and you can do this by selling out your service in Bitcoin let more of your source of income come in Bitcoin, create more avenues that brings in more Bitcoin for you, this would be the safest option for you or anyone right now.

Also if you have learnt about trading you can also take that route but it comes with it own risk, you can also partake in faucets or giveaways but like trading there are risks and also possibility of getting scammed of the Bitcoin you have.
Trading would never be an option for me thats if am trying to grow my bitcoin because the risk involved with it is just too much and I like to term it more like advance gambling because there is every possibility that me being the one to add some bitcoin to the one I already have will end up loosing the little I have, I think I would rather just go with DCA strategy as its convenient and less risk when it comes to loss of coins.

R


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SOKO-DEKE
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July 15, 2023, 07:17:41 PM
 #43

Do not attempt it and I would advise you to ignore any pm you might receive concerning this else there is possibility of you getting scammed.
You just said the fact, am sure lots of people will start sending personal messages to the OP just to assist him by growing his bitcoin, but the OP should just be careful because he is going to be scammed, the might send so links to the OP to ask him to send his bitcoin to the website, or they might send him some wallet to send his bitcoin their so that they can help him grow it. Am just making assumption but their are other methods which can be used to scam so what I will recommend to the Op is just to ignore any message he received, anybody trying to make suggestion will do that on this thread and nobody will send him personal message.

If you keep your bitcoins in a gambling place you will definitely lose. Because gambling is like that, it will either come or it will go.
Some people do claim they are a professional gambler so they are always confident that they are not going to lose when gamble, but we all know that when gambling their is no assurance that we are going to win that’s why if you are gambling you shouldn’t have confident that you will always win, because when you start losing you won’t want to give up because you will  have the believe that you are going to win back all the money that you lose. I don’t see gambling as a source of growing money and that what some people don’t understand, gambling should just be done for fun and don’t think you can make money from gambling because you will end up losing everything you have.

Most of the time there is a high probability of going. If you want to grow your bitcoins you must hold for a long time.
I don’t know if their is other methods but the best method that you can use to grow your bitcoin is just by holding it, just purchase your bitcoin and you can just abandon it in your non custodial wallet address, but make sure you properly secure the wallet private key, make sure it’s store in a place where their is no internet connection. You can carve your private key on a iron steel and sure it where nobody can have access to it. Carving private key on a iron steel is very secure because it can’t be destroyed by either water or fire, so incase if their is fire accident or water accident, then your private key is still secure.

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July 15, 2023, 07:46:22 PM
 #44

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.
Have a passive income? The solution is DCA , if you are able to accumulate it every week or a maximum of once a month starting today for the next 2 years everything will be worth it. Even with the amount you can afford, it is evident that what you collect today will add up over time. Bitcoin never disappoints if you can hold it as long as possible until it reaches a certain point and has reached the target you want.

Gambling is definitely not the right solution in solving your desire problem. Even with the lure of large multiples, it's still a gamble that will eventually push you to bet bigger until your balance drops to zero. Especially when you can't control your emotions when gambling. So don't take too much risk, because you are asking for low risk of course with the DCA system.

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isaac_clarke22
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July 15, 2023, 07:51:22 PM
 #45

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.
It's just simple, OP.
Low-risk method? Just buy the usual amount you're hodling then put it to your favorite wallet and forget about it in a year or two. That's at least what I usually do when O hodl. Sure I encountered some losses, but not that something to be worried at since I am a long-term hodler anyway.

We might not experience the same results, but you would be fine for sure. Smiley

You just said the fact, am sure lots of people will start sending personal messages to the OP just to assist him by growing his bitcoin, but the OP should just be careful because he is going to be scammed, the might send so links to the OP to ask him to send his bitcoin to the website, or they might send him some wallet to send his bitcoin their so that they can help him grow it. Am just making assumption but their are other methods which can be used to scam so what I will recommend to the Op is just to ignore any message he received, anybody trying to make suggestion will do that on this thread and nobody will send him personal message.
Yeah, but surely OP would be vigilant against these types of stuffs. Just maybe a bit cautious to whoever sends ya a message. No one in here would definitely reach out privately to teach you how to be rich. Cheesy
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July 15, 2023, 08:07:23 PM
 #46

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.
Placing bitcoins in gambling will make you completely lose the bitcoins you have and even if under certain conditions you get a profit then don't ever expect it to happen repeatedly. It is better to withhold in the long term as an investment method and will make the risk that is not big on the bitcoin ownership that we have. Basically every investment that involves money has a certain level of risk that we will face and someone needs management and strategies to make these risks more coordinated by placing a more appropriate pattern.

The way to grow bitcoin is only stored in the long term and when you want to increase your ownership there are several ways you might go, one of which is using the DIP and DCA pattern. Thus the investment risk that you run is not too big and will make it easier for you to collect bitcoins.

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rachael9385
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July 15, 2023, 08:08:24 PM
 #47

The way to grow your Bitcoin that has the lowest risk right now is putting more Bitcoin in your and you can do this by selling out your service in Bitcoin let more of your source of income come in Bitcoin, create more avenues that brings in more Bitcoin for you, this would be the safest option for you or anyone right now.

Also if you have learnt about trading you can also take that route but it comes with it own risk, you can also partake in faucets or giveaways but like trading there are risks and also possibility of getting scammed of the Bitcoin you have.
Trading would never be an option for me thats if am trying to grow my bitcoin because the risk involved with it is just too much and I like to term it more like advance gambling because there is every possibility that me being the one to add some bitcoin to the one I already have will end up loosing the little I have, I think I would rather just go with DCA strategy as its convenient and less risk when it comes to loss of coins.

Yes @Mr.suevie you are clear on that, trading is more like gamble, trading is just like trying your luck and gambling too, imagine the op is not a good trader, then what do you expect? If the op is not a good trader he will lose more instead of gaining more, op is just a newbie and I will not advice op to go into trading because I don't believe that he knows the trading strategies.

R


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Distinctin
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July 15, 2023, 08:12:09 PM
 #48

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.
Gambling is only a way to lose more bitcoin so avoid gambling your bitcoin, instead go for fiat gambling. Also, growing your bitcoin is through making it as an investment, and by DCA, you will certainly increase your position with bitcoin. Most especially if you decide to sell your bitcoin at a higher value and just buy back again when the market is bloody, that way you will eventually earn bitcoin a lot.

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July 15, 2023, 08:17:05 PM
 #49

For me, the way to grow your coin is to trade your coin but if you are not good with this is better you go for the second choice which is to hold your coin in peace and continue to watch the market increase until you decide on when to sell your coin

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July 15, 2023, 08:36:45 PM
 #50

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 investment itself is risky so expect that the ways to have more bitcoin is still risky as it is. You can do the DCA and maximize bitcoin in your portfolio, or you can trade selling at a high price and when the price drops again to its dip, then buy bitcoin again but this time, grab the opportunity to buy a lot while it’s price is very affordable and very cheap.

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July 15, 2023, 08:40:55 PM
 #51

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.
Have a passive income? The solution is DCA , if you are able to accumulate it every week or a maximum of once a month starting today for the next 2 years everything will be worth it. Even with the amount you can afford, it is evident that what you collect today will add up over time. Bitcoin never disappoints if you can hold it as long as possible until it reaches a certain point and has reached the target you want.

Gambling is definitely not the right solution in solving your desire problem. Even with the lure of large multiples, it's still a gamble that will eventually push you to bet bigger until your balance drops to zero. Especially when you can't control your emotions when gambling. So don't take too much risk, because you are asking for low risk of course with the DCA system.
DCA is probably the safest option to acquire more Bitcoin, minimizing your risk by spending a specific amount of money at a predetermined frequency. I can't think of many ways to grow your Bitcoin, unless we're talking about value, in which case you can simply hold, but from the OP's post, I'm understanding that he's after acquiring more Bitcoin as the coin itself. Trading is also another way, but it's certainly not for everyone because it's a much riskier process.

Another way could be by using Binance's or another exchange's savings platform, which is similar to staking and provides you with a petty APY. The highest I've seen for Bitcoin is through FreeBitco.in, which is offering 4.08%.

R


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July 15, 2023, 08:42:37 PM
 #52

There are several ways to increase the capital of bitcoin in your wallet. We will not analyze the case when you will earn in bounty companies and transfer these crypto currency earnings to bitcoin.

Let's look at increasing the amount of bitcoin by buying and selling on exchanges between bitcoin and stablecoins. In order for everything to be stable, you need to constantly sell bitcoins at high prices, and buy at low prices, fixing your position in stablecoins.
It remains only to learn how to identify the bottoms and tops.

You can buy in parts and sell in parts. It's much easier to get a partial result this way.

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July 15, 2023, 08:53:52 PM
 #53

Bitcoin is considered a form of money in the digital world. But let me tell you, finding an easy way to make money? I have been hunting for that magical formula too, but no luck so far. It seems like there is no shortcut to success, at least not that I have come across. If you find one, do let me know!  Cheesy

One suggestion I have is to consider starting a side hustle. Freelancing, tutoring, selling handmade crafts, offering consulting services, or any other income-generating activities that align with your skills and interests are some options to consider. With a side hustle you can supplement your primary income and further increase your bitcoin investment.

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July 15, 2023, 08:54:20 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.
If I get you correctly, APY defines the annual yield on your holdings on a custodial wallet which in this case refers to you having to hodl your coin or asset on an exchange and perhaps get to stake it as a way of providing liquidity on the coin.
Certainly those are a few ways and that comes with its amount of risk as well. There is typically no where you could hope to earn a cent without some risk, it’s the way the market environment works. Having your coins on a custodial wallet or an exchange is typically a huge risk as, exchanges aren’t wallet, they are custodial and your coins could be frozen or liquidated.

Trading is an option but that’s left for the know how as, you could easily lose as well as you can gain.
For an in experienced fellow, your best chance is to hodl in a non custodial position wallet and you’ll be good.
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July 15, 2023, 09:00:54 PM
 #55

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.
^By holding BTC, it will not grow by the amount, it will grow by the value of a dollar when the price goes up.
One proven low-risk method is through a strategy called Dollar-Cost Averaging (DCA) when buying BTC and DCA involves regularly investing a fixed amount of money into BTC over a set period, regardless of its price fluctuations.
Because by employing DCA, you can reduce the impact of short-term volatility and potentially benefit from the long-term growth of BTC. This method allows you to spread your investments over time, avoiding the risk of buying at a single high point. It is a disciplined approach that aims to minimize the impact of market timing.
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July 15, 2023, 09:07:21 PM
 #56

There are no foolproof methods available to consistently grow your Bitcoin portfolio without taking on some level of risk. Bitcoin, by its nature, carries inherent risks that can significantly impact your financial situation, potentially leading to substantial gains or losses. While Bitcoin trading presents an opportunity to grow your portfolio quickly, it is not without its own set of risks.

To achieve substantial growth, you must be willing to take calculated risks. However, it's important to note that even staking your Bitcoin with a centralized wallet or exchange, which may offer modest growth, does not guarantee absolute safety. The risk of potential bankruptcy associated with centralized exchanges remains a concern.

So, growing your Bitcoin portfolio requires a certain level of risk-taking. Bitcoin trading provides a relatively easier path to growth, but it is not entirely secure. Similarly, staking with a centralized wallet or exchange can offer some growth, but it's essential to remain cautious due to the risks associated with exchange bankruptcies.

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July 15, 2023, 09:10:39 PM
 #57

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 wait as long as necessary, the amount of your bitcoin will not increase, but its value will increase. You can sell when the value of Bitcoin increases and buy more when its value decreases. You must have patience for this. You should also learn about the risks.

If you don't want the risk, the only thing I can suggest is to wait before selling your current bitcoins. You can sell it when the value reaches the level you want.
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July 15, 2023, 09:14:54 PM
 #58

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.
Some of the best to grow your Bitcoin is to stake it on an centralized exchange with high APY. There are different ways we can grow our Bitcoin holdings which include staking, trading, mining and other ways. Bitcoin is a volatile coin that even holding it can give us some good profits apart from staking and trading it. It is important for us to know that Bitcoin is very volatile and holding it can be risky if we don't know how the market works. It is important for us to stake if we want to earn more from Bitcoin while holding it as an investor.

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July 15, 2023, 09:17:33 PM
 #59

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.
Because there is no proof of stake, you cannot grow your Bitcoin when you keep it. Instead, you can only enhance its value when the market cap rises. Putting it in a custodial or non-custodial wallet has the same effect, but the non-custodial wallet is safer. There are many proof-of-stake cryptocurrencies where you can grow your money while keeping them in your wallet. When you gamble with your Bitcoin, the most likely outcome is that you will lose because you are relying solely on luck especially if you're new.

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July 15, 2023, 09:22:01 PM
 #60

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.
What do you mean by "How to grow", do you want your Bitcoin to increase, or the value of Bitcoin itself to increase?
Because if you want to get more Bitcoin, yes by staking or other methods that provide a certain APY. But it turns out you don't want that. If you want to do that, just hold on, at least until the Bullrun, then you will get a higher value, in this case if you compare it with the USDT or fiat value, then it will go up higher. And to add more, you can make purchases with the DCA system, no you need a lot, just how much you can afford so that until the bullrun later you've got even more Bitcoin.

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