I’m new to Bitcoin and curious about earning options. Which platforms or methods actually give consistent results without putting funds at major risk?
For beginners: if you had 0.1 BTC, what’s the smartest way to grow it passively?
byu/investor-voyage inBitcoinBeginners
Posted by investor-voyage
9 Comments
You can’t earn on it without taking major risk.
You’ll just have to be satisfied with a 50% CAGR.
It sounds like you should continue studying Bitcoin as this is a very fiat minded question you’re asking. Stay humble and stack sats.
Put in a wallet you have the seed for and forget about it until the day you retire
None.
Bitcoin already is one of the best performing assets as is and the moment you get greedy and want more is when you start to introduce risks where you can lose everything. There have been many examples of defunct staking,loan, and yield platforms where people lost everything.
There are “legit” ways you can make money from Bitcoin but they also have some risks. One example is selling your bitcoin on a DEX for a premium to get ~1 to 10% extra (depending upon the size of the trade) as one method and than rebuying lower on a CEX .
Also you should avoid day trading
Most people will lose money day trading due to these reasons
https://www.reddit.com/r/BitcoinBeginners/comments/c4zpw9/what_are_the_steps_to_trading_bitcoin/erzkfmm/
https://www.youtube.com/watch?v=rMJI1_TfJnU
https://NeverTrade.org
This study shows that 97% of traders lose money
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101
Wiser to invest long term , stack those sats , and use bitcoin to save money
its called DCA
you just buy more over time..pretty simple..
oh and keep it
btc is up 1000% in the last 5 years. 110% in the last 12 months. And you want to risk it all to gain a few more points of return? Great idea!
This is a recipe for disaster. Stack and stay alive. Everything else ends badly
Nothing, don’t look for returns. Keep it in a cold wallet and don’t touch it again