Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: XFinite on July 08, 2024, 05:06:17 PM

Title: What are you doing to get more crypto in your pf?
Post by: XFinite on July 08, 2024, 05:06:17 PM
Hey everyone, good day to y'all

So when BTC crashed down to around 52K, lots of altcoins were sent to bottom
Pretty sure some of you already got the dip on alts, while others... I would rather not say cos they don't even take the risk.

but I'm glad that I bought the dip and not falling for the traps. When the market pumped up, my investment on NOT that I bought at 0.0098$ went up to 50% profit, and yes, even though I knew it was gonna fall more in price, I took the risk of buying more, using DCA strategy. (Please don't try this same as me if you can't afford of losing money)

And it paid off in the end, but I also stopped myself being more greedy cos you never know when it's gonna drop in price, so take the profit while you see it.

So, having discussion with some members in a group about making more crypto, I saw that some people are staking, trading more often to make their target to profit in the bear market.

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
Title: Re: What are you doing to get more crypto in your pf?
Post by: agan husaeni on July 08, 2024, 07:11:13 PM
If you're looking to earn more crypto, staking is the way to go. Staking lets you earn extra rewards by holding onto the crypto coins you own. This way, you can take advantage of the potential investment returns that can bring long-term benefits. But if you've already done it and want to get more, go work to make some money, then use that money to buy new crypto coins ;D ;D .
Title: Re: What are you doing to get more crypto in your pf?
Post by: snowpega on July 08, 2024, 07:13:38 PM
<snip>

In my opinion, if you want to survive in the crypto space then you have to control on your greed although we all once fall prey to our own greed but one who knows that he/she needs to have control on their greed can survive better in crypto space. I know you might think that if you buy more then you can earn more but one who takes early entry in the market can make good profits.

Besides this we should use DCA for profit booking as well as booking all profit at the same time does not fit well as in case if the market goes higher you can make more profit or in case if the market you more lower from your first profit exit point then you can book some more from there if you feel the market is not in good condition now in this way you can play it safely. Dear keep in mind that your plan will help you a lot so first make your plan about entry and exit from the market. The plan of entry point matter but the plan of taking exit from the market matter more as if you have no strong plan of taking exit you have to face loses again. So, your Plan should be the most important part for you in the crypto space.

Dear, This is not financial advice for you to follow and I am just sharing my views that you can use it as a reference for your own research which may help you for the coming time. DYOR! Many Thanks!
Title: Re: What are you doing to get more crypto in your pf?
Post by: Sim_card on July 08, 2024, 08:11:52 PM
To double your crypto, buy more crypto using DCA and let it be bitcoin because it has the tendency of lasting longer in the market than altcoins. If you DCA regularly weekly or monthly that will help build your portfolio. You should hodli for long in order to be in profit due to the compounding effect of your portfolio because the price of bitcoin increases overtime. Staking is what I don't like and I will not keep my coins with a third-party.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Roseline492 on July 08, 2024, 08:46:18 PM
To double your crypto, buy more crypto using DCA and let it be bitcoin because it has the tendency of lasting longer in the market than altcoins. If you DCA regularly weekly or monthly that will help build your portfolio. You should hodli for long in order to be in profit due to the compounding effect of your portfolio because the price of bitcoin increases overtime. Staking is what I don't like and I will not keep my coins with a third-party.

Yeah to buy crypto now Bitcoin should be the best to invest instead of any other coins because the reason why we should not consider altcoins or rather most of the altcoins is that after all this Bear market when the season for bull Run will start not all the altcoins will be able to follow the trend of the market and perhaps most of them will end up not rising again.

However there are people that loves staking there coin so that it will multiply as time goes by and increase there portfolio but just like you I'm not actually fan of staking, though is not that staking is bad but that's actually not my line of investment, so actually I always continue investing on Bitcoin through the use of DCA method and is really helping me a lot.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Dr.Bitcoin_Strange on July 08, 2024, 08:57:22 PM
There are several ways one could put their coins to use and let them make produce more money for you.
Note: I haven't participated in any of these activities neither would I advice anyone to as this is in no way a financial advise but only for educative purpose.

1. Staking: If you have coins of certain cryptocurrencies based on the proof of stake, you can “stake” them so that it helps to process transactions and sometimes you are given certain extra coins or fees.

2. Lending: It is also interesting since you can lend your crypto to others and in return receive interest on that or the crypto you lent. This is another one that has both centralized and decentralized solutions for you.

 3. Yield Farming: This is similar to lending out your crypto to the DeFi platforms, and in return being paid more Cryptocurrency. That is how one can make money while doing almost nothing but it is also a high risk business.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Gurujebs on July 08, 2024, 10:23:25 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?

I'm not sure there is anything left to do in this crypto market without not trading. If you don't trade, you will buy and sell but how many coins are even that bullish for person to even buy and sell and makes profit. There is none unless you trade, the meme coins are the only things people risk like buying and selling but are even dangerous than trading because what you buy now can turn to nothing the next minute, meme coins is wild.

If you have funds, maybe you can try staking, this is only profitable for people that are whales though. It's not proper to leave your coins doing nothing, you can accumulate more of the coins by staking and they comes with terms and conditions of locking and unlocking.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Zed0X on July 08, 2024, 10:47:34 PM
The strategy usually depends on where the market is at. Id you're goal is to hold long term, staking and lending aren't that bad but you have to stay up to date with the platforms you're using because you never know when the owners/devs is closing it down then running away with your money. Personally, I prefer letting the important cryptos just sit in a personal (non-custodial) wallet then sell when it's time.
Title: Re: What are you doing to get more crypto in your pf?
Post by: electronicash on July 08, 2024, 10:49:13 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?

if you are not trading but want to make more crypto out of crypto, you just have few options such as staking your crypto. this is risky though since its those centralized exchanges that offers this services such as binance. there are ways to make it less riskier but generally it is still taking which is what you could do to make more crypto out of your crypto.

another option is use your crypto to bet and win crypto. if you bet BTC, you simply get more BTC when you win. whatever crypto you bet, its what you will win too. riskier option though.  ;D
Title: Re: What are you doing to get more crypto in your pf?
Post by: Z-tight on July 08, 2024, 11:16:10 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
I don't stake coins, neither do i lend my coins, it could work for other people, but i don't do it, maybe because i don't play around with altcoins. What i do is simple, buy BTC and store it in my self custodial wallet, and when the price falls, i accumulate more BTC. It has lesser risks and works for me.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Husires on July 09, 2024, 12:48:06 PM
You will be lucky if you make profits by buying altcoins while the price of Bitcoin is correcting, because most often when the price of Bitcoin collapses, all altcoins begin to decline. DCA strategy is not a strategy for investing in altcoin, but rather in Bitcoin. It is true that notcoin returned to levels of 0.016, but it was at 0.02 several days ago.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Rubel007 on July 09, 2024, 03:09:18 PM
There is no option to hold. A trader can get big returns if he can hold his coins for long term. If someone wants to do staking it is also a good idea but how effective staking will be for investors will depend on the amount of investment. While staking is a good investment for those who are big investors, it may not work that way for ordinary investors. And holding that investment on any platform can be risky. An easy way is trading. If one sells on the bullish period and buys on the dip, they will definitely be profitable. Again, since it is difficult to predict when the bullish and bearish times will occur, in this case, DCA will be the most effective.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Metha Wulandarin on July 09, 2024, 03:31:05 PM
After Bitcoin has decreased from $60k to $54k I can't do anything and can only wait for Bitcoin to return to ATH to make sales of the coins I have every time Bitcoin has decreased I always don't have the funds to make purchases but when Bitcoin is on the side I start to have funds in the form of USDT feels strange but real.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Smcchamp on July 09, 2024, 05:32:27 PM
If you're looking to earn more crypto, staking is the way to go. Staking lets you earn extra rewards by holding onto the crypto coins you own. This way, you can take advantage of the potential investment returns that can bring long-term benefits. But if you've already done it and want to get more, go work to make some money, then use that money to buy new crypto coins ;D ;D .

You're right. Staking has been an way for passive income. Trading also is another method of earning.. but you need to have a good knowledge of trading to achieve something tangible. You can also checkout signature campaigns on this forum if there's any... Or you can search for giveaways of cex like bitget, bybit. They always have one or two campaigns running for users..if you meet the requirement then Viola. Alternatively you can get web3 jobs if you have the skills..m
Title: Re: What are you doing to get more crypto in your pf?
Post by: KingsDen on July 09, 2024, 05:54:34 PM
After Bitcoin has decreased from $60k to $54k I can't do anything and can only wait for Bitcoin to return to ATH to make sales of the coins I have every time Bitcoin has decreased I always don't have the funds to make purchases but when Bitcoin is on the side I start to have funds in the form of USDT feels strange but real.
This is actually the fate of many bitcoin investors. They would have some cash to invest in Bitcoin when the price is pretty high and after they must have invested, there would be a crash, on the lows of Bitcoin they wouldn't have any cash to invest anymore. They will have no option than to wait indefinitely when the price we rise again. This same thing  happens to up to 50% of Bitcoin investors but there is a way to go out of this trouble. The means I have adopted and I think some other investors have adopted is using the dollar cost average method to invest. This entails steady buying in segments and intervals throughout their investment. So someone using DCA method to invest would still be able to buy at the low of Bitcoin. But some people who buy at a spot would either be gazing at the sky or sourcing for more funds in order to invest at the lows of Bitcoin.
Title: Re: What are you doing to get more crypto in your pf?
Post by: bayu7adi on July 09, 2024, 06:44:20 PM
So, having discussion with some members in a group about making more crypto, I saw that some people are staking, trading more often to make their target to profit in the bear market.

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
(https://i.ibb.co.com/hmCpPV6/Screenshot-2024-07-09-234130.png)

Normally staking has an average APY of 6% to 10%... and within 1 year whereas Bitcoin in the last 1 year has provided a profit of 90%.... this is actually just an adjustment to the risk profile in the investment world... and I am aware that each person has a different risk profile... so it's natural, if your friend thinks that staking is more profitable, maybe because he prefers low risk but certain results.. while there are still many people out there who like it buy meme coin, because you like high risk.
Title: Re: What are you doing to get more crypto in your pf?
Post by: 0t3p0t on July 09, 2024, 07:05:37 PM
Yeah DCA if I think the most safest and effective way to accumulate more cryptocurrency in our portfolio. Though we can also increase the size of our investment through trading but that is so risky if we are not sure of what we are doing especially if we know nothing about technical analysis. I personally do both and for me DCA is the best as I am not that good in trading as of this moment.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Agbe on July 09, 2024, 07:18:47 PM
After Bitcoin has decreased from $60k to $54k I can't do anything and can only wait for Bitcoin to return to ATH to make sales of the coins I have every time Bitcoin has decreased I always don't have the funds to make purchases but when Bitcoin is on the side I start to have funds in the form of USDT feels strange but real.
This is actually the fate of many bitcoin investors. They would have some cash to invest in Bitcoin when the price is pretty high and after they must have invested, there would be a crash, on the lows of Bitcoin they wouldn't have any cash to invest anymore. They will have no option than to wait indefinitely when the price we rise again. This same thing  happens to up to 50% of Bitcoin investors but there is a way to go out of this trouble. The means I have adopted and I think some other investors have adopted is using the dollar cost average method to invest. This entails steady buying in segments and intervals throughout their investment. So someone using DCA method to invest would still be able to buy at the low of Bitcoin. But some people who buy at a spot would either be gazing at the sky or sourcing for more funds in order to invest at the lows of Bitcoin.
And we have to know that the All Time High is not coming anytime soon and we have to wait for a very long time before seeing that. And this is the risk involved in the investment of bitcoin and those who can't wait would say bitcoin is risk but if we invest for long term then we have to put our minds on the long term and wait for it. Today the last time when I checked the price was $57k and before I left the platform, the price has come down again. So this how it would be fluctuating and it will still reduce more than this. So we just have to remove our minds from it and focus on long term investment.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Metha Wulandarin on July 09, 2024, 09:01:19 PM
After Bitcoin has decreased from $60k to $54k I can't do anything and can only wait for Bitcoin to return to ATH to make sales of the coins I have every time Bitcoin has decreased I always don't have the funds to make purchases but when Bitcoin is on the side I start to have funds in the form of USDT feels strange but real.
This is actually the fate of many bitcoin investors. They would have some cash to invest in Bitcoin when the price is pretty high and after they must have invested, there would be a crash, on the lows of Bitcoin they wouldn't have any cash to invest anymore. They will have no option than to wait indefinitely when the price we rise again. This same thing  happens to up to 50% of Bitcoin investors but there is a way to go out of this trouble. The means I have adopted and I think some other investors have adopted is using the dollar cost average method to invest. This entails steady buying in segments and intervals throughout their investment. So someone using DCA method to invest would still be able to buy at the low of Bitcoin. But some people who buy at a spot would either be gazing at the sky or sourcing for more funds in order to invest at the lows of Bitcoin.
You're right but for me it's not a big deal even if I can't buy it when the price drops.
I have a feeling that as long as Germany hasn't sold all their Bitcoins maybe the Bitcoin price will continue to be at $60k and MT,gox and UsGOV if these three Bitcoin holders sell everything what will happen whether Bitcoin will collapse or will be accommodated by BlackRock alone
Title: Re: What are you doing to get more crypto in your pf?
Post by: Aanuoluwatofunmi on July 09, 2024, 09:29:45 PM
The most easiest and fast means to earn more to our crypto portfolio is by earning them or making exchange of our fiat currency for cryptocurrency, this will help us to achieve what we wanted to more faster, also, they are the most common means through which we can also build up our portfolio, therefore we must make sure that we are using any of these means in making the accumulation on our portfolio.
Title: Re: What are you doing to get more crypto in your pf?
Post by: JoyMarsha on July 09, 2024, 10:57:20 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
Buy, buy, buy the dip through the DCA strategy, and hodl. That's the key thing I have been doing for so long and I don't think I can stop it unless when I want to trade my bitcoin and other altcoins. Staking for additional coins is far from my thinking. I prefer having my coins under my custody than on third party who decides when to withdraw my tokens based on the time agreement with them
Title: Re: What are you doing to get more crypto in your pf?
Post by: Ebugod9 on July 10, 2024, 02:04:21 PM
If you're looking to earn more crypto, staking is the way to go. Staking lets you earn extra rewards by holding onto the crypto coins you own. This way, you can take advantage of the potential investment returns that can bring long-term benefits. But if you've already done it and want to get more, go work to make some money, then use that money to buy new crypto coins ;D ;D .

You're right. Staking has been an way for passive income. Trading also is another method of earning.. but you need to have a good knowledge of trading to achieve something tangible. You can also checkout signature campaigns on this forum if there's any... Or you can search for giveaways of cex like bitget, bybit. They always have one or two campaigns running for users..if you meet the requirement then Viola. Alternatively you can get web3 jobs if you have the skills..m
If you're looking to earn more crypto, staking is the way to go. Staking lets you earn extra rewards by holding onto the crypto coins you own. This way, you can take advantage of the potential investment returns that can bring long-term benefits. But if you've already done it and want to get more, go work to make some money, then use that money to buy new crypto coins ;D ;D .

You're right. Staking has been an way for passive income. Trading also is another method of earning.. but you need to have a good knowledge of trading to achieve something tangible. You can also checkout signature campaigns on this forum if there's any... Or you can search for giveaways of cex like bitget, bybit. They always have one or two campaigns running for users..if you meet the requirement then Viola. Alternatively you can get web3 jobs if you have the skills..m

Great points! I completely agree that staking and trading are both viable options for earning in crypto, and signature campaigns and giveaways can be a nice bonus. I've had experience with both Bitget and Bybit, and while Bybit is a solid exchange, I have to say that Bitget's campaigns and promotions are really top-notch. They always seem to be pushing the boundaries and offering their users something new and exciting. Plus, their platform is so user-friendly and reliable. Bybit is good too, but Bitget's customer support and community are really exceptional. And of course, web3 jobs are a great way to earn a steady income in crypto if you have the skills. Thanks for sharing your insights!
Title: Re: What are you doing to get more crypto in your pf?
Post by: Baofeng on July 10, 2024, 02:12:57 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
Buy, buy, buy the dip through the DCA strategy, and hodl. That's the key thing I have been doing for so long and I don't think I can stop it unless when I want to trade my bitcoin and other altcoins. Staking for additional coins is far from my thinking. I prefer having my coins under my custody than on third party who decides when to withdraw my tokens based on the time agreement with them

Yeah, and so save as much as you can, I gamble though, so from time to time I tend to withdraw some, but I don't take everything, I also get what I needed and that's it. If I won then I will put it back, if not then I will just continue to DCA the following week.

It's not easy to really save a lot of crypto in your wallet, it takes mental toughness and strategy. But if you look at your long goal, then no one can stop you from getting more crypto and looking for profits in the future.
Title: Re: What are you doing to get more crypto in your pf?
Post by: ZAINmalik75 on July 10, 2024, 04:41:51 PM
Dear, This is not financial advice for you to follow and I am just sharing my views that you can use it as a reference for your own research which may help you for the coming time. DYOR! Many Thanks!
Controling your greed to earn more is a good point to be noted. Because over-trading and over-investing while keeping no funds in an emergency will make you feel regretful. Op is happy with his trade of NOT and the way he is sharing it with us, it indicates he doesn't make many trades with such profits. Not is a good coin because it is in the hype and they are buying their tokens and people are joining in staking.

I am not surprised to see OP making a profit on it but OP should also know there not all coins are going to make him %50 profit. Therefore focus more on trading. Focusing on one thing is better than focusing on different things because staking is also not an easy way to make money.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Mr. Magkaisa on July 10, 2024, 06:22:26 PM
Hey everyone, good day to y'all

So when BTC crashed down to around 52K, lots of altcoins were sent to bottom
Pretty sure some of you already got the dip on alts, while others... I would rather not say cos they don't even take the risk.

but I'm glad that I bought the dip and not falling for the traps. When the market pumped up, my investment on NOT that I bought at 0.0098$ went up to 50% profit, and yes, even though I knew it was gonna fall more in price, I took the risk of buying more, using DCA strategy. (Please don't try this same as me if you can't afford of losing money)

And it paid off in the end, but I also stopped myself being more greedy cos you never know when it's gonna drop in price, so take the profit while you see it.

So, having discussion with some members in a group about making more crypto, I saw that some people are staking, trading more often to make their target to profit in the bear market.

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?

     -     If you think and feel that what you are doing is right, then just keep doing it, especially if you see a profit from the capital you have made. Probably all the crypto community in this field is doing dca on their respective crypto assets that they want.

Even though I am doing the DCA on the cryptocurrencies, I see their potential to generate profit in the future. until now, and like you, I also have a little bit of NOT coin in my wallet.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Metha Wulandarin on July 10, 2024, 08:14:50 PM
The most easiest and fast means to earn more to our crypto portfolio is by earning them or making exchange of our fiat currency for cryptocurrency, this will help us to achieve what we wanted to more faster, also, they are the most common means through which we can also build up our portfolio, therefore we must make sure that we are using any of these means in making the accumulation on our portfolio.
What OP means is not by buying if you add to the portfolio by buying or exchanging fiat for crypto everyone already knows but what OP means is adding to the portfolio with crypto tokens that he already owns in addition to trading.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Jamal Aezaz on July 10, 2024, 08:33:34 PM
To double your crypto, buy more crypto using DCA and let it be bitcoin because it has the tendency of lasting longer in the market than altcoins. If you DCA regularly weekly or monthly that will help build your portfolio. You should hodli for long in order to be in profit due to the compounding effect of your portfolio because the price of bitcoin increases overtime. Staking is what I don't like and I will not keep my coins with a third-party.

Not only Bitcoin but some altcoins also have the possibility that they will boom in the coming bull season and as Bitcoin possesses the ability to recover back to its highest worth after some months or weeks so similar pattern and characteristics is also present in some altcoins and examples included Ethereum, BNB, Solana etc are known by most of the individuals.

It will be full of fruitful results if we hold Bitcoin with some of top altcoins so we will not compare their effects but will be able to get profit from both of these opportunities and most of the expert investors do not rely on just Bitcoin investment but also choose some altcoins and they have the ability to differentiate good and bad altcoins.
Title: Re: What are you doing to get more crypto in your pf?
Post by: snowpega on July 11, 2024, 04:46:53 PM
Because over-trading and over-investing while keeping no funds in an emergency will make you feel regretful.

hmm, Nice piece of advice, well dear both are different over trading and over investing and both terms somehow relate to the emergency funds, which is the most important part of saving in all that way whether you are trading or investing. If one is not playing this role then it is true he/she can stuck in the regretful situation. Emergency funds need to be kept in mind if you are also accumulating any crypto whether it is Bitcoin or other currencies if not then your point is so valid.

Besides, This as I said that over-investing, and trading both somehow relate to emergency funds because if one becomes blindly investing and over-trading and falls prey to the sea of greed then too obvious he/she may be using his/her emergency funds as well in all that. What think can attract any investor or trader is that he can earn/generate more money by investing more. They also should consider the other side as well that they can also lose their money as well.
Title: Re: What are you doing to get more crypto in your pf?
Post by: robelneo on July 11, 2024, 05:31:43 PM
I took the risk of buying more, using DCA strategy. (Please don't try this same as me if you can't afford of losing money)
But this is still the best thing to do to increase your portfolio some people prefer good staking but that means locking their coins, trading is risky and I don't recommend it if you do not prepared to lose.

Quote
And it paid off in the end, but I also stopped myself from being more greedy cos you never know when it's gonna drop in price, so take the profit while you see it.

So it works for you so why are you not recommending it, as long as you can accept the volatility of the market and you believe that you invested in good coins even if you lose you will, you will eventually recover your losses.
Title: Re: What are you doing to get more crypto in your pf?
Post by: bayu7adi on July 11, 2024, 05:56:51 PM
I took the risk of buying more, using DCA strategy. (Please don't try this same as me if you can't afford of losing money)
But this is still the best thing to do to increase your portfolio some people prefer good staking but that means locking their coins, trading is risky and I don't recommend it if you do not prepared to lose.
DCA itself is also a safer way to take risks... some people might consider DCA to be the safest way, but it still consumes energy, including we also have to prepare healthy finances... the best current advice that can be done by the majority of people adapt the steps they take to their individual risk profile... so it's all really relative, and DCA is sometimes not a good decision for some people.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Vx1 on July 11, 2024, 06:03:32 PM
Actually trading is one of the fastest ways, but the question is what do we do besides trading?!  I agree with staking, and we can choose which platform we trust to do the staking.
Apart from staking, we can also do Airdrop. 
Yeah.. Even though many say doing Airdrop is not worth it, if we get the jackpot then our portfolio will certainly increase a lot.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Roseline492 on July 11, 2024, 06:11:15 PM
but I'm glad that I bought the dip and not falling for the traps. When the market pumped up, my investment on NOT that I bought at 0.0098$ went up to 50% profit, and yes, even though I knew it was gonna fall more in price, I took the risk of buying more, using DCA strategy. (Please don't try this same as me if you can't afford of losing money)

Well I don't no your definition of DCA strategy because a normal DCA strategy is not meant to use in altcoin investment because one of the things I actually understand about DCA establishment is that it was created or rather introduce to help people especially those that are not financially stable to invest the little amount they can afford since the price of that assets is very high.

So DCA is actually meant for Bitcoin accumulation and not for altcoin because the price is very huge for someone to accumulate one at a time and also considering the fact that the future is transparent but in terms of altcoin you are talking about there is no certainty that in the future it will still be the same and however there is no need to use DCA when you can buy any amount you desire because the price is very low.
Title: Re: What are you doing to get more crypto in your pf?
Post by: LogitechMouse on July 11, 2024, 07:16:28 PM
~
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
Staking, like you shared it already is for me the best way to have more cryptocurrencies or tokens excluding trading.
Having a liquidity pool might work, but the risk of impermanent loss is higher than that of staking hence, you might end up losing money instead of making if you don't know what you're doing.

It's good that you've made profit investing into a memecoin like NOT because most end up losing investing into it. Like you said, what you've done is risky and knowing that it's a meme coin, the risk goes up even more. If you're a beginner then it would be better to just focus on the top coins out there. The risk is lesser, but the reward is lesser as well. I can't think of any ways to make more crypto excluding trading aside from working as a freelancer and request to get paid through Bitcoin, or have a day job and invest a portion of your salary to have more cryptocurrencies.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Fivestar4everMVP on July 11, 2024, 08:05:24 PM

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
For me, the only thing I would say that I am currently doing to increase my cryptocurrency portfolio is farming airdrops on telegram, this might seem to many as nothing worthy of attention, but I also see that you talked about NOTCOIN in your post, and I believe you know how the first owners of Not coin earned the coins which you bought.

Airdrop farming have become a very popular way and means to earn more cryptocurrencies and increase ones crypto portfolio, so for now, this is what I am currently focused on, a s I have some crypto staked in different places, but I count not on them since the APR is all kind of very low, and I don't have much staked, so, I just do airdrop farming.
Title: Re: What are you doing to get more crypto in your pf?
Post by: pieppiep on July 11, 2024, 08:08:22 PM
The most easiest and fast means to earn more to our crypto portfolio is by earning them or making exchange of our fiat currency for cryptocurrency, this will help us to achieve what we wanted to more faster, also, they are the most common means through which we can also build up our portfolio, therefore we must make sure that we are using any of these means in making the accumulation on our portfolio.
What OP means is not by buying if you add to the portfolio by buying or exchanging fiat for crypto everyone already knows but what OP means is adding to the portfolio with crypto tokens that he already owns in addition to trading.
Apart from trading in buying and selling Cryptocurrency, we can get additional cryptocurrency tokens by participating in airdrops or bounty campaigns in new token projects. This way we get new tokens to add to the portfolio apart from trading. Please remember, currently not many new tokens have succeeded in having a high selling value, on average new tokens end up with a very cheap exchange rate.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Metha Wulandarin on July 11, 2024, 08:09:23 PM
Actually trading is one of the fastest ways, but the question is what do we do besides trading?!  I agree with staking, and we can choose which platform we trust to do the staking.
Apart from staking, we can also do Airdrop. 
Yeah.. Even though many say doing Airdrop is not worth it, if we get the jackpot then our portfolio will certainly increase a lot.
I also agree with your opinion or if you want bigger and faster, you can play in futures trading but the risk is also large.
Rotating money into airdrops is also good but you have to have more than $500 the more the better but most people don't like it because it's considered a waste of money I prefer free airdrops so that I don't get hurt too much if I don't meet the requirements.
Title: Re: What are you doing to get more crypto in your pf?
Post by: vegasus on July 11, 2024, 11:34:19 PM
... I took the risk of buying more, using DCA strategy. (Please don't try this same as me if you can't afford of losing money)..
In fact, DCA is a strategy that is very commonly used and this is also a very good strategy, indeed, overnight we can manage the risks, then it will always be good and suit us. So, it's true, whatever it is, make sure we understand the flow of what we are going to do, whether with DCA or something else, the important thing is that we can manage it as much as possible to be able to manage the risks. including if we have more money, then we also have to be smart in choosing the coins we will invest, based on certain considerations of course. And of course that is quite different from one to another, also related to the funds available to do it when the market is dropping like this.

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
No trading, no Staking.
But, I'm always watching for the lists of top coins to be invested more, although it's maybe small cents, but this is my own journey to accumulate more coins for bullrun preparation.
Title: Re: What are you doing to get more crypto in your pf?
Post by: MUGNIA on July 12, 2024, 04:40:37 PM

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
buying and staking is my simple way to get additional coins without trading especially since BTC is going down, so my coins are just sitting in my wallet without getting better results. I stake while waiting for the new ATH to increase my coins, even if it's only a few cents. if you persevere you can become 1
Title: Re: What are you doing to get more crypto in your pf?
Post by: Vx1 on July 12, 2024, 05:23:27 PM
Actually trading is one of the fastest ways, but the question is what do we do besides trading?!  I agree with staking, and we can choose which platform we trust to do the staking.
Apart from staking, we can also do Airdrop. 
Yeah.. Even though many say doing Airdrop is not worth it, if we get the jackpot then our portfolio will certainly increase a lot.
I also agree with your opinion or if you want bigger and faster, you can play in futures trading but the risk is also large.
Rotating money into airdrops is also good but you have to have more than $500 the more the better but most people don't like it because it's considered a waste of money I prefer free airdrops so that I don't get hurt too much if I don't meet the requirements.
Everyone has different thoughts on adding to their portfolio from Cryptocurreny, who likes the free money given from Airdrop participation?  Everyone definitely likes it, but there are some of us who are not painstaking so participating in Airdrop is said to be a waste of time. 
If trading futures, this requires experience in spot trading first.  In fact, the more we dare to take risks, the greater the potential to increase our income here.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Metha Wulandarin on July 12, 2024, 05:48:52 PM
Actually trading is one of the fastest ways, but the question is what do we do besides trading?!  I agree with staking, and we can choose which platform we trust to do the staking.
Apart from staking, we can also do Airdrop. 
Yeah.. Even though many say doing Airdrop is not worth it, if we get the jackpot then our portfolio will certainly increase a lot.
I also agree with your opinion or if you want bigger and faster, you can play in futures trading but the risk is also large.
Rotating money into airdrops is also good but you have to have more than $500 the more the better but most people don't like it because it's considered a waste of money I prefer free airdrops so that I don't get hurt too much if I don't meet the requirements.
Everyone has different thoughts on adding to their portfolio from Cryptocurreny, who likes the free money given from Airdrop participation?  Everyone definitely likes it, but there are some of us who are not painstaking so participating in Airdrop is said to be a waste of time. 
Maybe this is one of the reasons why many people on this forum seem to underestimate airdrops because it is true that doing airdrop tasks is not as easy as airdrop bounties, it requires more effort than bounties.
Quote
If trading futures, this requires experience in spot trading first.  In fact, the more we dare to take risks, the greater the potential to increase our income here.
Yes, that's why I don't play futures because the risk is very high but it's worth what we get, it's better to bet it or use it to increase liquidity.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Rubel007 on July 12, 2024, 05:53:08 PM
Actually trading is one of the fastest ways, but the question is what do we do besides trading?!  I agree with staking, and we can choose which platform we trust to do the staking.
Apart from staking, we can also do Airdrop. 
Yeah.. Even though many say doing Airdrop is not worth it, if we get the jackpot then our portfolio will certainly increase a lot.
Although I personally don't like airdrops because not all airdrops pay but I believe there are very few airdrops that can pay big reward. A hunter must be careful about his work. We know that some airdrops that have changed people's lives but the number of such airdrops has decreased. That is why who want to stake will get sure profits if they can do it on a reliable platform. But after that I'd say Airdrop isn't bad for all. It is a perfect platform for those who have goals and who can participate in all kinds of airdrops and can perform their tasks perfectly.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Vx1 on July 12, 2024, 05:58:32 PM
Everyone has different thoughts on adding to their portfolio from Cryptocurreny, who likes the free money given from Airdrop participation?  Everyone definitely likes it, but there are some of us who are not painstaking so participating in Airdrop is said to be a waste of time. 
Maybe this is one of the reasons why many people on this forum seem to underestimate airdrops because it is true that doing airdrop tasks is not as easy as airdrop bounties, it requires more effort than bounties.
Actually, it's not an understatement, but they are already not used to doing Airdrops.  So we can't draw conclusions like that, usually people who are comfortable on Bounty will find it difficult to move on to something else.  Likewise for trading specialists, they have their own way of adding to their portfolio.

If trading futures, this requires experience in spot trading first.  In fact, the more we dare to take risks, the greater the potential to increase our income here.
Yes, that's why I don't play futures because the risk is very high but it's worth what we get, it's better to bet it or use it to increase liquidity.
Trading futures also requires a strong mentality, because the losses we will suffer in futures trading are usually much greater than losses in spot trading.  Big capital, strong mentality and community are very important for us to pay attention to here.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Faisal2202 on July 12, 2024, 06:39:35 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
You are right same take trades some waits for the right moment and I am one of those who don't trade in such volatile situation. I kind a prefer a situation where I know 90% that I am going to make money. I also traded in not coin and it really pays off because it gave me 4x. But I did not book because I knew it had more potential even if I was down to 2.5x I was still waiting for that potential. My minimum assumption from this coin is 10x. I would like to hear yours. Besides trading, I am earning from signature campaigns and planning to join an article campaign of bounties but will join once a good project comes. I am into airdrops as well they also give some good money if you are doing it right.

I am not doing it right completely therefore I sometimes become ineligible for the airdrop. But it is still worth joining them. Trading is a good way of making money if we are doing it with good knowledge and by following a good mentor.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Metha Wulandarin on July 12, 2024, 07:11:43 PM

I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
buying and staking is my simple way to get additional coins without trading especially since BTC is going down, so my coins are just sitting in my wallet without getting better results. I stake while waiting for the new ATH to increase my coins, even if it's only a few cents. if you persevere you can become 1
That's a pretty good decision which is important when staking should pay attention to what percentage of income or APY offered by the validator and the fees offered by the validator now there are two options for staking there is Liquid staking and Native Staking.
Title: Re: What are you doing to get more crypto in your pf?
Post by: sampoerna on July 12, 2024, 10:12:20 PM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
I'm just trying my best as far as I can afford it. Yes, this time Bitcoin and altcoins experienced a significant decline. but between all of that, there is a quite significant price range between the bottom and resistance. So if you do short term trading, that could be a good way for this time. The market cycle is quite readable.

It's just that, personally, this time I don't want to bother with various technical analyzes that I have to do if I trade in a situation like this. Therefore, I only focus on developing my portfolio, of course as much as I can. because market conditions are like this, isn't it a good enough time to increase asset accumulation, right? Unfortunately, I can't do it as often as possible because I have limited capital. So yeah, whatever that I can achieve it, not really force it.
Title: Re: What are you doing to get more crypto in your pf?
Post by: Fivestar4everMVP on July 13, 2024, 01:24:29 AM
I wonder what are you currently doing to your crypto, so you make more crypto out of it without trading?
I'm just trying my best as far as I can afford it. Yes, this time Bitcoin and altcoins experienced a significant decline. but between all of that, there is a quite significant price range between the bottom and resistance. So if you do short term trading, that could be a good way for this time. The market cycle is quite readable.

It's just that, personally, this time I don't want to bother with various technical analyzes that I have to do if I trade in a situation like this. Therefore, I only focus on developing my portfolio, of course as much as I can. because market conditions are like this, isn't it a good enough time to increase asset accumulation, right? Unfortunately, I can't do it as often as possible because I have limited capital. So yeah, whatever that I can achieve it, not really force it.
Limited capital is what is holding many people from seizing this opportunity of general price slash to invest in their favorite cryptocurrencies, I myself have tons of crypto projects I had plans of investing in some time back when their prices were still way higher than it currently is, and currently, those price has been cut in halfs, and for some, even more than half, but I discover that I can't really invest in those projects as much as I really want due to lack or limited supply of resources/funds..

But all the same, this is not something to really worry over, since even with a very small capital and find the right token and investing in it can turn out to be the best life changing decision anybody can ever make.