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?
you can get bitcoins by doing Airdrops or participating in a bounty program where the prizes are in the form of Bitcoin, if the prize is in the form of other coins then you have to exchange it first so you can have it in Bitcoin form. Another way is mining Bitcoin, mining Bitcoin usually requires quite a lot of capital but after that you will enjoy a very large amount of profit every month.
Well that right --even now airdrop still exists, just open an account of Freebitco.in and they have still given sats per hour. At least you have bitcoin for free but I don't think what is the minimum amount before you can withdraw. It could be the contest too or any promotion that given bitcoin, you may accumulate once you will win the contest and I did it in Roobet before, I won some bitcoin by joining their contest and it is totally free that you will get in exchange for your art.