Post
Topic
Board Bitcoin Discussion
Re: How to accumulate more bitcoin other than buying with FIAT.
by
jackg
on 30/11/2021, 15:11:47 UTC
Trading altcoins to then exchange them for BTC, isn't that right?

That's one way to go about it but now isn't a great time to start doing that I don't think. Lots of people trade patterns with altcoins for when the btc dominance fluctuates - a few patterns repeat themselves 3 or 4 times before they're obselete too...

How are people accumulating more bitcoin other than buying it with fiat?

I've seen people try to do scalping and other things to get more bitcoin but that might be riskier than day trading with it.

There used to be a lot of people who had sizeable amounts of bitcoin that would go around claiming faucets (which might be some way to accumulate). Or find a service to sell or something (especially if you enjoy it already).