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[Dagov]

BTC has been shown to be incredibly resilient. It has increased by 23% since the start of the year. Why? Contrary to fiat currencies, which have an endless generation capacity and are susceptible to the effects of domestic and international laws, many cryptocurrency traders and investors continued to favor it as a store of wealth that won't be devalued or thrown into chaos by financial catastrophe.

I now get your question. Yes, investing in bitcoin can earn you money online. I don't mean buying and storing it. I'm talking about taking opportunity of bullish and bearish patterns in the cryptocurrency market, but without expert advice, you could make a massive mistake and lose a lot of money.

 

[Jidemania]

I used to stake many other coins on binance but i don't know if bitcoin can also be stake on binance. Staking of any coin on binance for some certain period of time can also be a way of earning more of the coin and you will be making more money

 

[Xrin Nightfall]

Because of the potential volatility of Bitcoin as an investment, it is essential to give great consideration to both your objectives and your approach before making a choice. Although there have been occasions when the price of Bitcoin has increased significantly, not everyone who has acquired it has been able to participate in those price increases.

 

[Wisdom01]

Some actually make more Bitcoin by mining , staking the coin and many more , but the thing is that when you consider investing in the coin , you should make more research and not invest in Bitcoin at the wrong time , till you make more loss

 

[btaliat]

There is no best way of making money with Bitcoin. There are some people that make their money on peer to peer platform. Others are staking their Bitcoin to get some returns on it. This means there are several ways of making money with Bitcoin.

 

[Wisdom01]

There is no best way of making money with Bitcoin. There are some people that make their money on peer to peer platform. Others are staking their Bitcoin to get some returns on it. This means there are several ways of making money with Bitcoin.

There are just several ways to make money from Bitcoin. That's what I noticed , you could earn through trading , airdrop , staking and others , these are opportunities available to earn more Bitcoin to your wallet and get paid

 

[btaliat]

There are some people that are not good Bitcoin traders. What they do is to make sure they invest on long term investment. They keep their coins for some years hoping the coins must have appreciated when they need them.

 

[Margery]

Or buy bitcoin at the bottom of its value and then sell it at the peak, or buy special equipment - ASIC and mine it yourself.
No other way. Who prefers what. Both methods are quite expensive, but over time they fully justify themselves and give a good profit in the period from a year to 2 years.

 

[btaliat]

Or buy bitcoin at the bottom of its value and then sell it at the peak, or buy special equipment - ASIC and mine it yourself.
No other way. Who prefers what. Both methods are quite expensive, but over time they fully justify themselves and give a good profit in the period from a year to 2 years.

The first method is simpler and that's what people do the most. But I think it only works for Bitcoin. Other coins may not have the future tendency of reaching any peak. Some may continue going dipper till it lost its value.

 

[Margery]

The first method is simpler and that's what people do the most. But I think it only works for Bitcoin. Other coins may not have the future tendency of reaching any peak. Some may continue going dipper till it lost its value.

And again I agree. ASIC price is now more than bitcoin price.
However, with the help of such equipment, if you look into the future, you will be able to mine more than one bitcoin, and then its price will rise.
And when you buy bitcoin, you will only have one bitcoin. It's like a fishing rod and a fish.
But it's not worth arguing here, to each his own.

 

[btaliat]

If you are knowledgeable in Bitcoin trading, you can surely make money by being a Future trader. There are also some people that are making money by being crypto merchants. These people sell and buy crypto on exchangers.

 

[Margery]

If you are knowledgeable in Bitcoin trading, you can surely make money by being a Future trader. There are also some people that are making money by being crypto merchants. These people sell and buy crypto on exchangers.

I understand bitcoin trading poorly, if taken at the level of a trader. So I don't understand it there, you buy on the bottoms, and you sell on the tops. That's all trading. But, I do not have enough patience to constantly monitor the charts and do not always understand how to use the necessary tools. I just don't always understand them.

 

[btaliat]

I understand bitcoin trading poorly, if taken at the level of a trader. So I don't understand it there, you buy on the bottoms, and you sell on the tops. That's all trading. But, I do not have enough patience to constantly monitor the charts and do not always understand how to use the necessary tools. I just don't always understand them.

What you do is called swinging trading. There are many ways of making money using Bitcoin. You can trade on Spot by taking advantages of volatility. You can make money through Future trading which allows you to make money for predicting right, the direction of Bitcoin price.

 

[Margery]

What you do is called swinging trading. There are many ways of making money using Bitcoin. You can trade on Spot by taking advantages of volatility. You can make money through Future trading which allows you to make money for predicting right, the direction of Bitcoin price.

The whole problem here is in my character. I am very impatient. And with all those types of trading, you need to have a cool head on your shoulders that works like a computer :)
That's why I don't do any trading!
It's not mine, I'm looking for myself in other forms.
Prejudging your words, I will say right away that affiliate marketing is not for me either.

 

[btaliat]

The whole problem here is in my character. I am very impatient. And with all those types of trading, you need to have a cool head on your shoulders that works like a computer :)
That's why I don't do any trading!
It's not mine, I'm looking for myself in other forms.
Prejudging your words, I will say right away that affiliate marketing is not for me either.

Definitely, I will not advise you to go into crypto trading except of course, you only want to be keeping your coins safely may be till it accumulates and you are able to get more profit for that. Trading when we are not patient may make us lose our money.

 

[Margery]

Definitely, I will not advise you to go into crypto trading except of course, you only want to be keeping your coins safely may be till it accumulates and you are able to get more profit for that. Trading when we are not patient may make us lose our money.

Yes, you are absolutely right. I have some coins left in my cold wallet after mining. I don't touch them yet, let them lie, since there is no special need yet. Then, as the rate grows up, I will slowly transfer to fiat. Maybe I'll buy more equipment.

 

[Wisdom01]

There are some people that are not good Bitcoin traders. What they do is to make sure they invest on long term investment. They keep their coins for some years hoping the coins must have appreciated when they need them.

This is true tho , some people that are not good in cryptocurrency trading would rather keep holding for long term , because some can't just bear losing a lot of money off investing in Bitcoin ,they would prefer they keep holding Bitcoin till they actually make more gains and others

 

[Margery]

This is true tho , some people that are not good in cryptocurrency trading would rather keep holding for long term , because some can't just bear losing a lot of money off investing in Bitcoin ,they would prefer they keep holding Bitcoin till they actually make more gains and others

That is why you need to have a cold wallet. If it contains a certain number of coins, then interest is charged on them over time. This is a kind of mining, only with a wallet. True, this happens only with official wallets to which the entire blockchain is downloaded.

 

[KarimHall]

I believe that there is no a best way to use Bitcoin and earn money that works for everyone. Strategies depend on the skills and risk appetite of each of us. There are several ways that promise easy gains but following them increases the risks. You have to study, when you have understood enough and gained experience, you invest what you are willing to lose in terms of time and money. Then we start again, another method to study, to understand and we still invest in time and money, eliminating and changing every time what doesn't work for us. For me it's like a repeating process.

 

[Margery]

I believe that there is no a best way to use Bitcoin and earn money that works for everyone. Strategies depend on the skills and risk appetite of each of us. There are several ways that promise easy gains but following them increases the risks. You have to study, when you have understood enough and gained experience, you invest what you are willing to lose in terms of time and money. Then we start again, another method to study, to understand and we still invest in time and money, eliminating and changing every time what doesn't work for us. For me it's like a repeating process.

Every time - in the first class! I agree!