How are people accumulating more bitcoin other than buying it with fiat?
I’m watching videos on Youtube and reading forums and i see a commonality of people saying to accumulate more bitcoin and not to day trade. But how does this work? Or are there other ways to grow your bitcoin portfolio? Can you explain a little bit in detail?
The only way to "accumulate" bitcoin is by buying, earning or mining it. This is what those youtube videos probably meant. The risk with day trading is high, hence they didn't recommend you to do it. Don't go around "accumulating" free coins. You will probably end up collecting dusts. Would be a waste of time. You would rather want to do something more productive that will help you accumulate more bitcoin (like selling your skills for bitcoin).