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Author Topic: Where do I start to make money from bitcoin?  (Read 14546 times)

Offline sampoerna

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Re: Where do I start to make money from bitcoin?
« Reply #45 on: February 26, 2024, 05:36:49 PM »
I want to start earning on bitcoin. Tell me, please, from what to start.

Being a newbie an someone inexperience in bitcoin, i will suggest that you target investing on bitcoin when the market is dip, then try to hodl and wait for some time, if possible after the next halving when bullrun would have occurred, you may then release or sell your investment asset, i cant advise someone who is a newbie to go into trading except they have the knowledge and the understanding of the risk in trading.
The problem is that the OP himself has so far had no response at all regarding various opinions and questions from memes here. It seemed like he wasn't serious about what he asked, and didn't even respond to it. If he's serious, then at least he will respond to some input, ideas, opinions, especially questions. We also don't know whether what he hopes is a way to earn money from Bitcoin for free or if he has money to invest.

For those without money, the methods have been explained by @Bayu7adi. And if he has money, as what you said, the safest way for newbies is just to invest in Bitcoin. While he hasn't yet entered the real bullish era and there is still a chance, now he can buy it and then hold it at least until the real bullish era later. Or if he wants higher risks but has earnings every day, he has to start learning to trade. But again, this is a riskier thing.

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Re: Where do I start to make money from bitcoin?
« Reply #45 on: February 26, 2024, 05:36:49 PM »

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Offline DabsPoorVersion

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Re: Where do I start to make money from bitcoin?
« Reply #46 on: February 26, 2024, 10:12:20 PM »
I want to start earning on bitcoin. Tell me, please, from what to start.

Being a newbie an someone inexperience in bitcoin, i will suggest that you target investing on bitcoin when the market is dip, then try to hodl and wait for some time, if possible after the next halving when bullrun would have occurred, you may then release or sell your investment asset, i cant advise someone who is a newbie to go into trading except they have the knowledge and the understanding of the risk in trading.
The problem is that the OP himself has so far had no response at all regarding various opinions and questions from memes here. It seemed like he wasn't serious about what he asked, and didn't even respond to it. If he's serious, then at least he will respond to some input, ideas, opinions, especially questions. We also don't know whether what he hopes is a way to earn money from Bitcoin for free or if he has money to invest.

For those without money, the methods have been explained by @Bayu7adi. And if he has money, as what you said, the safest way for newbies is just to invest in Bitcoin. While he hasn't yet entered the real bullish era and there is still a chance, now he can buy it and then hold it at least until the real bullish era later. Or if he wants higher risks but has earnings every day, he has to start learning to trade. But again, this is a riskier thing.
That is because the question was asked a few years ago. There are several reasons why he may not have responded. Perhaps he lost interest, or maybe he was unable to enter the crypto space due to a lack of knowledge about Bitcoin or other digital currencies.

Yes, for those who don't have much money, there are campaigns where they can participate and be a part of the project community. They can complete tasks and be rewarded for their efforts. They can then sell the rewards in the market as their earnings. While investing in Bitcoin requires learning and understanding before investing. Bitcoin is not like any other investment where it's easy to earn money after investing. There are times when investors might lose money by selling too early or panicking during bear markets.
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Offline Mr. Allcrypto

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Re: Where do I start to make money from bitcoin?
« Reply #47 on: March 11, 2024, 09:58:04 PM »
To earn in butcoin, there are numerous ways that you can earn, there is no specific place to start from... if you're into trading and you like to trade online you can trade your money to make profits, or you can work online as a freelancer or enrol in a bounty campaign....

Offline Dr.Bitcoin_Strange

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Re: Where do I start to make money from bitcoin?
« Reply #48 on: March 12, 2024, 10:26:07 PM »
To earn in butcoin, there are numerous ways that you can earn, there is no specific place to start from... if you're into trading and you like to trade online you can trade your money to make profits, or you can work online as a freelancer or enrol in a bounty campaign....

Trading and freelancing sound easy, but they are not very easy. Unless anyone has made up their mind to carefully learn how to trade, they can experience a series of losses. It is more safe to buy Bitcoin and hold it in a self-custodial wallet than to trade for a short-term profit. Some people, too, who claim to teach freelancing jobs online, are only using their viewers likes and clicks to monetize their channels, while what they are teaching is not even very easy for them to participate in and monetize freelancing. 

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Re: Where do I start to make money from bitcoin?
« Reply #49 on: March 13, 2024, 04:30:06 PM »
To earn in butcoin, there are numerous ways that you can earn, there is no specific place to start from... if you're into trading and you like to trade online you can trade your money to make profits, or you can work online as a freelancer or enrol in a bounty campaign....
It is good to let people know that BTC is not a get rich quick scheme, rather than telling them that there are numerous ways they can make money, trading is not for newbies and it requires knowledge and skills, and working online also requires skills, you must have something to offer before you can be hired and paid in BTC. Take note as well that so many bounty campaigns end up as scam, so you may waste your time with a lot of them, if you have money, simply buy BTC and store it for the long time, it is even better to buy it using dca method.
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Offline bayu7adi

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Re: Where do I start to make money from bitcoin?
« Reply #50 on: March 13, 2024, 09:03:49 PM »
It is good to let people know that BTC is not a get rich quick scheme, rather than telling them that there are numerous ways they can make money, trading is not for newbies and it requires knowledge and skills, and working online also requires skills, you must have something to offer before you can be hired and paid in BTC. Take note as well that so many bounty campaigns end up as scam, so you may waste your time with a lot of them, if you have money, simply buy BTC and store it for the long time, it is even better to buy it using dca method.
The signature campaign doesn't appear to be a scam so far, so it could be used as a way to get bitcoin too, especially if the salary offered can be held as you suggest, maybe the value when exchanged for FIAT will increase over time.

We can live with the money we have from working in the real world, and we can increase our savings through online jobs such as holding BTC, trading BTC or joining signature campaigns. That's good enough to make us a little independent with our financial situation.

Offline 348Judah

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Re: Where do I start to make money from bitcoin?
« Reply #51 on: March 14, 2024, 09:22:58 AM »
If you want to make money from bitcoin in an easy way with less risk, then try to invest buying the dip and holding for some years till you mark another season for bitcoin market, probably after halving during the bullrun, you can be profitable with your investment when the market price rises and there's a new all time high, you may not need to go into trade or investing through a third party institution, this aloe can help you as you hold without having to go through the basic knowledge for trading experience.

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Re: Where do I start to make money from bitcoin?
« Reply #51 on: March 14, 2024, 09:22:58 AM »


Offline DabsPoorVersion

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Re: Where do I start to make money from bitcoin?
« Reply #52 on: March 14, 2024, 09:47:31 AM »
if you have money, simply buy BTC and store it for the long time, it is even better to buy it using dca method.
That's another way to earn in Bitcoin, however, it will be hard to do in the long run if it is the same as OP's situation where he is looking for a way of earning money from Bitcoin. Doing the DCA method will not be sustained, and he will surely end up selling his investment as he does not have any other source of income.
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Re: Where do I start to make money from bitcoin?
« Reply #53 on: March 14, 2024, 11:24:32 AM »
If you want to make money from bitcoin in an easy way with less risk, then try to invest buying the dip and holding for some years till you mark another season for bitcoin market, probably after halving during the bullrun, you can be profitable with your investment when the market price rises and there's a new all time high, you may not need to go into trade or investing through a third party institution, this aloe can help you as you hold without having to go through the basic knowledge for trading experience.
As I said before, the best and easiest way to have bitcoin is the investment without stress. Although there are other ways to have it but most of them are very stressful. But for the investment you buy and relax. But not everyone like the investment method because it delayed because of the long term investment. Trading can fetch your instant profit but you have to be an expert.

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Re: Where do I start to make money from bitcoin?
« Reply #54 on: March 16, 2024, 06:05:27 AM »
The problem is that the OP himself has so far had no response at all regarding various opinions and questions from memes here. It seemed like he wasn't serious about what he asked, and didn't even respond to it. If he's serious, then at least he will respond to some input, ideas, opinions, especially questions. We also don't know whether what he hopes is a way to earn money from Bitcoin for free or if he has money to invest.
though the op may not take this topic and other users opinion serious, doesn't stop other newbies that are joining this forum every day to learn from others opinions in this topics. So is nice how other experience users are still responding despite the op was not been serious.

IMO when it comes to earn money from Bitcoin, I will say holding would be the best . So one can start by gathering or accumulating different quantities of bitcoin In their portfolio to hold. Like due to the recent increase in price of bitcoin alot of people are already be in good profit even those that started holding from the beginning of thjs year . So if you can exercise patient enough you would endup with some good return from holding bitcoin.

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Re: Where do I start to make money from bitcoin?
« Reply #55 on: March 16, 2024, 10:36:24 PM »
IMO when it comes to earn money from Bitcoin, I will say holding would be the best . So one can start by gathering or accumulating different quantities of bitcoin In their portfolio to hold. Like due to the recent increase in price of bitcoin alot of people are already be in good profit even those that started holding from the beginning of thjs year . So if you can exercise patient enough you would endup with some good return from holding bitcoin.
Exactly, holding Bitcoin is the best choice, moreover, for me.
Yes, although on the other hand, actually every person has their own way of making money. There will be a debate between holding and trading. So yes, it would be better if it depended on our respective abilities and strategies.

And so far, holding is really working. As long as it is Bitcoin. Imagine, if you bought BTC when it first dropped to $20k, it would have doubled until now, or even reached the peak of the later bullish era. This is one of the advantages of patience of holding.

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Re: Where do I start to make money from bitcoin?
« Reply #56 on: March 16, 2024, 10:47:59 PM »
The signature campaign doesn't appear to be a scam so far, so it could be used as a way to get bitcoin too, especially if the salary offered can be held as you suggest, maybe the value when exchanged for FIAT will increase over time.
Signature campaigns is kind of different from bounty campaigns, most signature campaigns are not scams and it is a good way to earn BTC if you get into one. However, to do so you must be a good poster and be ready to contribute to the forum with your knowledge, and like you said, signature campaigns should not be a first source of income for someone, campaigns can end anytime, so it is better to get something doing in real life.
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Offline DabsPoorVersion

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Re: Where do I start to make money from bitcoin?
« Reply #57 on: March 16, 2024, 11:02:39 PM »
The signature campaign doesn't appear to be a scam so far, so it could be used as a way to get bitcoin too, especially if the salary offered can be held as you suggest, maybe the value when exchanged for FIAT will increase over time.
Signature campaigns is kind of different from bounty campaigns, most signature campaigns are not scams and it is a good way to earn BTC if you get into one. However, to do so you must be a good poster and be ready to contribute to the forum with your knowledge, and like you said, signature campaigns should not be a first source of income for someone, campaigns can end anytime, so it is better to get something doing in real life.
Additionally, why it is different from bounty campaigns and can be considered as not a scam or doubt about the campaign, most of the time it is handled by a reputable manager, and they act as an escrow to hold the funds for the weekly salary of the participants.

This is to avoid leaving behind the participants without any pay even after doing their tasks and making the effort to be part of promoting the project.
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Offline taufik123

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Re: Where do I start to make money from bitcoin?
« Reply #58 on: March 19, 2024, 06:22:29 PM »
Additionally, why it is different from bounty campaigns and can be considered as not a scam or doubt about the campaign, most of the time it is handled by a reputable manager, and they act as an escrow to hold the funds for the weekly salary of the participants.

This is to avoid leaving behind the participants without any pay even after doing their tasks and making the effort to be part of promoting the project.
What you say is true, the manager becomes the first person to check whether the project is legitimate or not and about payment there is certainly already an agreement on how the payment will be made.

But some projects sometimes don't pay for campaigns midway, and they dismiss them unilaterally.
Some also only become scammers after many members register on their platforms such as gambling and put their money in.

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Re: Where do I start to make money from bitcoin?
« Reply #59 on: March 19, 2024, 08:00:13 PM »
Additionally, why it is different from bounty campaigns and can be considered as not a scam or doubt about the campaign, most of the time it is handled by a reputable manager, and they act as an escrow to hold the funds for the weekly salary of the participants.

This is to avoid leaving behind the participants without any pay even after doing their tasks and making the effort to be part of promoting the project.
What you say is true, the manager becomes the first person to check whether the project is legitimate or not and about payment there is certainly already an agreement on how the payment will be made.

But some projects sometimes don't pay for campaigns midway, and they dismiss them unilaterally.
Some also only become scammers after many members register on their platforms such as gambling and put their money in.

Youre right, dude. Sometimes we are lucky to find good projects and pay the participants, sometimes we also participate in scam projects. Bounties are not as beautiful as they used to be in 2015-2018, because I think currently many bounties are worthless. but for those who pay weekly BTC this is safer and always pays off
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