Twohats trick is good, can be combined with using screwdriver/moleys as well, every little helps.
Remember that you don’t just have a rounded bolt- unless you screwed up or have really ropey tools- it’s also stuck hard enough to have rounded in the first place. So address that as well as the rounding- the best way of removing the bolt’s already failed, ie using the standard tool, so now you’re trying to get a better result with a worse method, so you want to improve the odds.
Cutting a slot is much more effective if done with power tools, a dremel or similiar, because it adds a lot of localised heat. But if that’s not an option then heating it by other means will probably help. Blowtorch works but is unsubtle, I like to use this stupidly powerful soldering gun I have- I’ve never managed to solder anything with it but it’s good at plastic welding and heating up stuck bolts.
It’s worth having some real penetrating oil too- WD40 is sort of OK but it’s not a patch on Plusgas. Getting either to soak in is sometimes the harder part, a good trick is to build a wee fort round the bolt out of blutack so that you can fill it with the penetrating oil, and leave overnight, it’ll then be much more likely to soak down.
There’s also freeze release spray but I dunno, I’m not convinced it’s ever helped me at all.
Molegrips can be hit and miss, especially if like most people you only have really crap molegrips. I don’t like the approach of grinding off the head, it gives away too many other options, so it’s a second last resort IMO.
And eazyouts as an absolute last resort, because in unskilled hands what you almost always end up with is a stuck bolt with the hardened tip of an eazyout broken off and stuck in it, and drilling them out is a total sod. I reckon for DIY mechanics they more often do harm than good.
There’s various other approaches, some better some worse. Hammering a torq into an allen headed bolt is a lifesafer but I’ve not found it so good on stripped torqs.
TBH what you should do is buy a Suzuki motorbike and ride it through a single winter, then try and do some maintenance on it, you’ll learn all there is to know about stuck bolts 😉