Post
Topic
Board Bitcoin Discussion
Re: How to accumulate more bitcoin other than buying with FIAT.
by
Henrobakkara
on 01/12/2021, 19:56:18 UTC
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?

There are some ways which I believe most have been mentioned by some people here. Mining is quite expensive and unless you have that kind of fund, that will be the least option. Doing Bitcoin paying bounty is another way but that too is mainly for top ranking accounts with extra requirements which are also out of your level. Doing faucets might be the easiest for this will take years for you to get to a meaningful amount of Bitcoin.