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Question: I am new to bitcoin if any of you are skilled please suggest me
Want to change my life for bitcoin exchange - 11 (61.1%)
Bitcoin is very necessary in a person's life - 7 (38.9%)
Total Voters: 18

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Author Topic: Bitcoin Earnings  (Read 1399 times)
Y3shot
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November 23, 2023, 10:08:55 PM
 #121

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
I will also advice you to get your self a source of income, do not just conclude now that you can make earnings from bitcoin so fast that you will be able to depend on it. If you think bitcoin can make you to become rich so quick I think it is another kind of gambling you are just depending  on. Their good benefits you can gain from bitcoin but I would not advice you to make it all your priority at this early stage of your journey. The market of bitcoin is unpredictable because of volatility and this should not be what people needs to put all their hopes on to make money from it by all means.

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G_Besar
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November 23, 2023, 11:11:42 PM
 #122

I will also advice you to get your self a source of income, do not just conclude now that you can make earnings from bitcoin so fast that you will be able to depend on it. If you think bitcoin can make you to become rich so quick I think it is another kind of gambling you are just depending  on. Their good benefits you can gain from bitcoin but I would not advice you to make it all your priority at this early stage of your journey. The market of bitcoin is unpredictable because of volatility and this should not be what people needs to put all their hopes on to make money from it by all means.
Sources of income from other sectors are also still important for everyone, although we must not forget that Bitcoin can also provide a source of income at a certain time, because Bitcoin holders will be more comfortable when they have other sources of income apart from Bitcoin. In fact, this can make them continue to be consistent in Bitcoin because they don't need to rely entirely on Bitcoin just for their survival, so other sources of income still have to be considered for everyone even though they have earned more income through Bitcoin so far.

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Mr.suevie
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November 23, 2023, 11:39:47 PM
 #123

I will also advice you to get your self a source of income, do not just conclude now that you can make earnings from bitcoin so fast that you will be able to depend on it. If you think bitcoin can make you to become rich so quick I think it is another kind of gambling you are just depending  on. Their good benefits you can gain from bitcoin but I would not advice you to make it all your priority at this early stage of your journey. The market of bitcoin is unpredictable because of volatility and this should not be what people needs to put all their hopes on to make money from it by all means.
Sources of income from other sectors are also still important for everyone, although we must not forget that Bitcoin can also provide a source of income at a certain time, because Bitcoin holders will be more comfortable when they have other sources of income apart from Bitcoin. In fact, this can make them continue to be consistent in Bitcoin because they don't need to rely entirely on Bitcoin just for their survival, so other sources of income still have to be considered for everyone even though they have earned more income through Bitcoin so far.
With the way Bitcoin is now looked at, it's seems it's all just for buying and holding and not for any use of it because no one actually wants to sell off their coins but instead hold if for more profits in the future especially now that the halving and bull season is very near. But if you are planning on having a successful Bitcoin investment then I think multiple choice of income or money inflow would probably be the best option for achieving your goal to avoid tempering with your coins.

R


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Minecache
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November 24, 2023, 01:08:44 PM
 #124

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.
If you are asking users here to teach you how to trade, then you shouldn't trade and trading may not be for you right now. Like you said; you're a newbie in BTC, and trading isn't for newbies, it is very complicated and you can lose all your money very fast. Now what do you mean by "i want to do marketing with BTC", i don't know what that means but what you need now is to learn about BTC as a cesnsorship resistant and permissonless currency, and not as an investment, at least for now.

You are right on advising him not to trade since his still a newbie as everything will look so strange in his eyes and he might run into a lot of losses because of the fact that he's inexperienced, I think sometimes too as a newbie the best thing to do is to buy and hodl bitcoins and after which one can now try to learn and understand basic trading ethics to follow in other not to run into numerous losses. Though I know that someone that introduced him to this forum must have given him a hint of how trading bitcoin work but didn't enlighten him on the dangers of trading when he has little or no knowledge about some trading strategies that are often applied for safe trading

It is true that trading is not suitable for beginners because it has too much risk. But if he is really interested in trading, he can get acquainted and start with a demo account. That will help him gain basic experience of what trading is like. Because each person will have different goals and preferences, although holding is suitable for everyone but many people do not like to hold for a long time and only like to trade daily. So we shouldn't force them if they don't like it. Even if we are long-time market participants, if we have never traded before, we are still completely new traders. So let them start if they want to become a trader.
Trading is not easy, especially for a beginner who has no experience in trading, because experience is what will make you a good trader because you already know the risks involved and also understand how to trade correctly.
And it is true that before using real money or engaging in real trading, you should try trading with a demo account that many platforms provide. And this allows you to practice without the risk of losing money and can learn and understand the positive and negative sides of trading which can help you become a profitable trader for you.
As I said, even if you're a long-time holder but have never traded before, you're still new and don't have any experience when it comes to trading. To gain experience, you need to try trading, and that's why I usually don't prevent newbies if they want to start trading. You need experience to accumulate experience, no one can accumulate knowledge and experience without participating.

I recommend everyone to start with a demo account to get familiar with the trading environment. But I also advise people not to overdo it because demo account trading and real trading are very different. Many people who trade with a demo account always win, but when they start with a real account, they fail miserably.

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invo
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November 24, 2023, 01:55:18 PM
 #125

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.
If you are asking users here to teach you how to trade, then you shouldn't trade and trading may not be for you right now. Like you said; you're a newbie in BTC, and trading isn't for newbies, it is very complicated and you can lose all your money very fast. Now what do you mean by "i want to do marketing with BTC", i don't know what that means but what you need now is to learn about BTC as a cesnsorship resistant and permissonless currency, and not as an investment, at least for now.

You are right on advising him not to trade since his still a newbie as everything will look so strange in his eyes and he might run into a lot of losses because of the fact that he's inexperienced, I think sometimes too as a newbie the best thing to do is to buy and hodl bitcoins and after which one can now try to learn and understand basic trading ethics to follow in other not to run into numerous losses. Though I know that someone that introduced him to this forum must have given him a hint of how trading bitcoin work but didn't enlighten him on the dangers of trading when he has little or no knowledge about some trading strategies that are often applied for safe trading

It is true that trading is not suitable for beginners because it has too much risk. But if he is really interested in trading, he can get acquainted and start with a demo account. That will help him gain basic experience of what trading is like. Because each person will have different goals and preferences, although holding is suitable for everyone but many people do not like to hold for a long time and only like to trade daily. So we shouldn't force them if they don't like it. Even if we are long-time market participants, if we have never traded before, we are still completely new traders. So let them start if they want to become a trader.
Trading is not easy, especially for a beginner who has no experience in trading, because experience is what will make you a good trader because you already know the risks involved and also understand how to trade correctly.
And it is true that before using real money or engaging in real trading, you should try trading with a demo account that many platforms provide. And this allows you to practice without the risk of losing money and can learn and understand the positive and negative sides of trading which can help you become a profitable trader for you.
As I said, even if you're a long-time holder but have never traded before, you're still new and don't have any experience when it comes to trading. To gain experience, you need to try trading, and that's why I usually don't prevent newbies if they want to start trading. You need experience to accumulate experience, no one can accumulate knowledge and experience without participating.

I recommend everyone to start with a demo account to get familiar with the trading environment. But I also advise people not to overdo it because demo account trading and real trading are very different. Many people who trade with a demo account always win, but when they start with a real account, they fail miserably.

I agree and disagree.
I agree with a way of gaining experience by trading. Preventing newbies if they want to start trading will only result to decline their confidence. But prior to do trading, you should learn basic knowledge about trading.

I disagree with the demo account. You won't always win with a demo account, that's why it's a demo, you can try and experiment different methods and finding the best strategy for you. At first, you may fail on actual trading because they might felt differently, but the more you get exposed to trading, you will get in line.

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Patrol69
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November 24, 2023, 02:13:32 PM
 #126

Welcome to this forum, you said at the beginning that you want to know a lot about Bitcoin, your interest to know about Bitcoin will help you to know a lot. Here you want to know about trading and investing as well as tips on how to stay away from gambling. First of all, trading or investment is a very important subject, so before trading or investing, there is a need to study a lot about these two subjects. There are several topics about trading and investment in Bitcoin discussion section and trading discussion section. You should read those topics first and read the replies made in those topics. I hope you will have a good idea about investment and trading. Secondly, staying away from gambling is not a very difficult task, if you are satisfied with these activities and the competition of gambling is never interested, then you can definitely stay away from gambling.
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November 24, 2023, 02:36:23 PM
 #127

I will also advice you to get your self a source of income, do not just conclude now that you can make earnings from bitcoin so fast that you will be able to depend on it. If you think bitcoin can make you to become rich so quick I think it is another kind of gambling you are just depending  on. Their good benefits you can gain from bitcoin but I would not advice you to make it all your priority at this early stage of your journey. The market of bitcoin is unpredictable because of volatility and this should not be what people needs to put all their hopes on to make money from it by all means.
Sources of income from other sectors are also still important for everyone, although we must not forget that Bitcoin can also provide a source of income at a certain time, because Bitcoin holders will be more comfortable when they have other sources of income apart from Bitcoin. In fact, this can make them continue to be consistent in Bitcoin because they don't need to rely entirely on Bitcoin just for their survival, so other sources of income still have to be considered for everyone even though they have earned more income through Bitcoin so far.

Bitcoin can bring us big profits but that doesn't mean we don't need other sources of income. Bitcoin does not provide us with a stable source of income, so it would be unwise to think and rely entirely on bitcoin to have a stable life. For me, investing in bitcoin is really important for our future but daily income from main job will be more important. Because if we don't have daily income from our main job, where will we get the money to invest in bitcoin? Furthermore, methods of making money from the market such as trading and staking are risky and cannot be compared to outside jobs.

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November 24, 2023, 03:39:54 PM
 #128

As a newbie is this your goal here, I asked because I think the first thing you need to do here as a newcomer is to learn more about bitcoin and crypto in general may be with the knowledge you get here you mat find it easy to adapt here and fit in where you really want to be, op, no doubt one can benefit from Bitcoin investment but first of all you should have a means that that can earn from, don't solely depend on Bitcoin alone, instead you should look for something doing earn their and invest what you can afford in the said bitcoin, and again no one will ever tell you that the depend on gambling, the question is, is gambling a career, to me is not, having the mindset of earning quick money from it, even fail most times, so if am to advice you, I will say that you should set your achievable goals, make them your priority, I believe in the long run they will become reality.

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November 24, 2023, 08:25:15 PM
 #129

This is the wrong thinking of many people. Knowledge is the foundation of every path to success, but that does not mean that having knowledge will help us succeed. If OP wants to invest in bitcoin, of course knowledge is needed, but don't expect that just by having knowledge you can easily make a profit. Just like having a college degree does not mean we will get a high-paying job. It all depends on how we apply that knowledge into practice.

Furthermore, OP, if you want to start trading, it is really a big challenge and learning knowledge without practice will be useless. Therefore, in addition to focusing on improving knowledge, OP should also use a minimum amount of capital to get used to everything.
Having knowledge is not enough if we haven't put the knowledge we have into practice on what we have learned, the knowledge we have gained will be very different if we have faced it in reality, it takes a lot of experience so that we are experts in the knowledge we have learned. If we have mastered it well and have enough experience, we will be able to produce what we do.
I really agree with your suggestion that starting trading with little capital is a good strategy if we are just starting out so that we can understand it slowly and get profits from trading.
The reason why I advised him to start trading with minimal capital, other than understanding it slowly, I'm pretty sure that losses in trading are inevitable in the first days. Therefore, we should only use the smallest amount of capital to avoid big losses as well as use that money to exchange for lessons and experiences that no book can teach us. No one can win or make a profit in the first days of trading, once you participate in trading, you must accept losses before thinking about profits.

I don't completely disagree with you, and you seem to be pointing out one of the reasons why trading is such a bad idea, unless maybe it is built upon investing first.  So what I am suggesting would be to first build up a bitcoin position and then that will inform you better how to play your position.  Yeah, people want short term profits, but it seems that if the BTC price is going down and you are buying BTC, then you just keep buying...and it could take some time before you get into profits in such a way that you are able to trade.. so I guess I am not even considering short-term trading but instead how to play BIGGER swings after you have already built your bitcoin position and then you have strategies to never lose your principle... which surely is one of the issues with any short-term traders.. they put their principle at risk and you say that it is inevitable that they lose, but there are ways to play it so that you do not end up losing, as long as bitcoin keeps going up, and even though that is not guaranteed, it has been a pretty damned great thing to be mostly "in" rather than fucking around with trading it, as if it were a shitcoin...

Now shitcoins are another story.... seem very risky to hold, so surely there are needs for in and out plans, and personally, I believe it is a BIG waste of time to get involved in shitcoins, even if yyou might be able to make money off of them, but people have differing ways of thinking about how they approach bitcoin as compared with other things in the space.. including but not limited to shitcoins.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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November 24, 2023, 09:32:58 PM
 #130

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
If you want to shine well in bitcoin then my advice is not to touch trading.
Although we are free to do whatever we want here because this is the right we have but in the end you besides learning about bitcoin you also have to learn about risk management.
Trading the risk is quite large especially for those beginners so instead of us feeling burdened with what we are doing and instead spending the money you have by learning trading then it would be better if you start with Investment.

Even though investing in bitcoin also has risks but in the end this is better than pushing your luck in trading because at least when you are in investment then your risk of losing will be slightly minimized.

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November 24, 2023, 09:34:50 PM
 #131

If there's an admission that you can't control yourself in gambling and whether you're a good earner, that's a bad situation that you need to consider.

Because even if you do good as a Bitcoin investor or you've managed to earn a decent amount of Bitcoin from your gigs and yet there's the uncontrollable activity you have as a gambler. It's very likely that all of your earnings will be gone.

What you need to do is to is to think that everything can be done for you to earn Bitcoin. Even your salary in local currencies or USD can be converted into Bitcoin.

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November 24, 2023, 10:02:10 PM
 #132

It’s a good move that you want to stop casino and gambling games and put that focus on trading. But like some persons have already said, trading isn’t an easy thing. You have to learn through some strategies and methods to execute profitable trades. But then, how about you simply convert the money you would have used for gambling but into Bitcoin? Maybe every weekend, you use the money to buy BTC. That’s also a good investment too.



 

 

 

 

 

 


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November 24, 2023, 11:30:58 PM
 #133

Definity get into BTC but don't just jump right in. First and foremost learn about BTC how it works and how its stored.

Learn about the ins and outs the history and the future about bitcoin before putting all you have into it. Also do stay away from gambling and casinos they are no good for you, you indeed are better off with bitcoin instead of those two bad things.
 
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November 25, 2023, 02:10:00 AM
 #134

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.

I can't claim to be an expert in this field, but I believe I know a little bit about Bitcoin and trading. It is simple to comprehend or comprehend what Bitcoin is.

But learning and comprehending crypto trading is not easy; it demands dedication, drive, willpower, self-control, and discipline, and, most importantly, a passion for it. If you have all of the things I listed, everything will be easy for you since you will understand them right away.



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November 25, 2023, 03:07:47 AM
 #135

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.

We are even doubtful when you are successful in bitcoin can stay away from gambling because at this time you don't have a lot of money difficult to stay away from gambling, especially if you already have a lot of money from the investment results that you run in Bitcoin. In principle, I agree when you have a great desire to learn investment in Bitcoin because this is a way to get financial improvement, but on the other hand I don't believe you be able to get out of gambling when successful in Bitcoin. You must first strengthen yourself in reducing gambling activities and I don't think you have to do with you success in Bitcoin by leaving gambling.

These are two different activities that can be carried out together and who are able to leave one of them only your own intentions and determination. I hope you succeed in Bitcoin and do not make gambling as an excuse because we are all involved in gambling even though we have not succeeded in Bitcoin, but what distinguishes the extent to which we can be responsible for both and if one of them can give a negative effect then leave and take investment as a good way.

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November 25, 2023, 03:24:51 AM
 #136

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
If you want to shine well in bitcoin then my advice is not to touch trading.
Although we are free to do whatever we want here because this is the right we have but in the end you besides learning about bitcoin you also have to learn about risk management.
Trading the risk is quite large especially for those beginners so instead of us feeling burdened with what we are doing and instead spending the money you have by learning trading then it would be better if you start with Investment.

Even though investing in bitcoin also has risks but in the end this is better than pushing your luck in trading because at least when you are in investment then your risk of losing will be slightly minimized.



He or some newbie should not rush to touch trading from the beginning but start investing as you said. But if you think that trading is just about losing or it's just a game of chance then I don't agree with you. I'm also not good at trading but I also make profits from spot trading and that helps me increase my capital significantly.

Trading carries huge risks but that doesn't mean it can't be profitable and everyone loses without a winner. Many people are also making money from it and there are always ways to make money from it. What's important is how we approach it, knowledge, skills, experience...as long as we are determined, we can do it.

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November 25, 2023, 04:06:40 AM
 #137

You are still a newbie so I will advise you to just buy bitcoin first, don't do any trading yet. Learn more about trading first in the Trading Discussion, you can read all the threads that you find interesting there and check the replies of different users on the thread, you can also post your own topic there that's related to trading but you have to be careful as some questions or topics are already created by other users so do some searching on the top right search bar on the topic that you want to talk about to see if there's an answer to your questions or a discussion has been done already about it. Also, you don't have to worry about earning with bitcoin as a newbie, bitcoin is an currency/investment so you can't exactly make money out of bitcoin besides selling it at a higher price than you've bought it.
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November 25, 2023, 04:22:43 AM
 #138

You have many options. Like if you want to earn from trading so you should learn fundamentals and learn how to read the chart. And you can take a part in the Trading discussion board and can ask more about trading. When you learn and you want to invest so start with small amount and if you think you are now ready and learnt much so you can invest more.

On the other hand mining is the second option if you want to earn so you should set a mining setup. But now a days Bitcoin mining has many difficulties. And if you want to learn more about mining so you can learn from Mining board.

Third option you should grow your account and try to make constructive posts and try to get more merits and up your rank. When you reach the Full Member rank so in the Services board you can join a campaign and you can get Bitcoin on weekly basis.

So these are some options, select according to your mind.

.
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November 25, 2023, 06:59:38 AM
 #139

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.

If you want to have bitcoin so you can hold it before the bitcoin halving comes, the first thing you should do is have a source of income. There are other ways you can have it.

And one of the ways to earn Bitcoin is to have a job. Second,  if you don't have a job, at least you have a side business or at least an online job, even if it's only part-time. Or if you have any skills, you can use them here in the forum, such as graphics design, translation, and others, or you can also participate in bounty airdrops as long as they are legitimate.



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November 25, 2023, 07:27:52 AM
 #140

I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good.  can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
I will also advice you to get your self a source of income, do not just conclude now that you can make earnings from bitcoin so fast that you will be able to depend on it. If you think bitcoin can make you to become rich so quick I think it is another kind of gambling you are just depending  on. Their good benefits you can gain from bitcoin but I would not advice you to make it all your priority at this early stage of your journey. The market of bitcoin is unpredictable because of volatility and this should not be what people needs to put all their hopes on to make money from it by all means.
Your advice is good and I can't even believe that anyone would say they want to rely on Bitcoin alone simply because is capable of earn them money. What if anything unforeseen happens? Even though Bitcoin and its investment are good, one still has to be careful and not rely on it solely, there are times that Bitcoin would have a long-term bearish trend and that could span for years. And as we all know, it's Bitcoin investment that is easy, you can be sure of earnings when you merely HODL it even as you do nothing.

But trading Bitcoin which traders rely upon when the price of the coin is falling is not easy, which is why no one should even dare to believe they can rely on Bitcoin for their only earning means, such action could be bitterly regretted. Come to think of it, I can't for any reason think about that as an able-bodied person, such speaks of laziness, but we see much of it these days where even youths wouldn't want to work but just be spending money. If the source now cut, they become desperate and result in all sorts of bad activities. So, no right-thinking person would rely on investment alone, such a person would work to be active and build a career rather than believing they would sit down always and the money would continue to flow forever.

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