Investing In Bitcoin? Here’s What You Should Know

If you are a bitcoin fan, then you must read on.

Bitcoin has been bullish from the very start.

There were some bear seasons but quite insignificant to notice.

Bitcoin is definitely a force to be reckoned with.

People of different ages have earned passively from this.

It’s at an all-time high and this is precisely the reason why you should invest right now.

Some ways of getting Bitcoin are better than other ways, while some are even worse than scams.

That’s why today, we’re going to discuss some of the legit and low-entry barrier ways to earn Bitcoin.

Bitcoin Trading.

One legit and cost-effective way of earning bitcoins is through trading.

The idea is simple, but it takes a lot of awareness and analysis to be successful at this.

In this method, the basic concept is about diversifying and investing in various cryptocurrencies when they are cheap in price and then selling them when there is a significant price spike.

When you do this, you earn Satoshi by selling them for profit, and hence, earn more BTCs.

You can simply start by following and closely monitoring your favorite cryptos, and start buying them from various exchanges.

Work for Bitcoin.

Working for Bitcoin is one of the easiest and most legit ways to earn it. Whether you are an engineer, designer, writer, singer, translator, editor, internet marketer, freelancer, or developer, you can start working for Bitcoin right now.

There are numerous platforms and websites that offer you bitcoins in exchange for your service.

Bitcoin Lending.

There is a saying – “You should put your money to work.”So if you are already HOLDING Bitcoin, you can put your money to work and earn some profit on it by lending it out.

There are many peer-to-peer Bitcoin lending platforms that allow you to do this while giving you a decent 12%-18% return on your investment in the form of bitcoins.

This space of lending is highly unregulated, so diligently choose the borrower to whom you want to lend your Bitcoin and strictly adhere to the platform policies to make sure you get your returns back.

Bitcoin Faucets.

Another easy to start way of earning quick bitcoins is through Bitcoin faucets.

These faucets have you do menial tasks such as solving captchas, playing games, clicking on ads, or watching videos.

For each task you do, you earn a little bit of Bitcoin.

Casino Games.

If you are searching for a simple way to earn Bitcoins online, you may try gambling.

However, while it might seem to you as easy money, gaming has a number of risks which need to be taken into account.

In the following article, we have outlined for you some websites worth checking out when trying out your luck:

Bitcoin Gambling. We don’t guarantee that you win, which is why we strongly recommend you to play only if you have some initial capital to spend.

On the other hand, who knows, maybe you will get lucky and multiply your crypto.

Bitcoin value has also surpassed the $19,000 mark but is back down at just over $8,000.

I am not the least bit surprised by this crazy run because the concept of truly decentralized, borderless, and uncensored digital money is revolutionary and worthy of this attention.

Now more than ever, people around the world have started appreciating Bitcoin’s power.

Also for the citizens of some countries like Argentina, Venezuela, Zimbabwe, and Greece, the idea of having a currency that increases their purchasing power is unique and exciting.

Having learned this fact more and more, people are joining the realm of Bitcoin each and every day.

You can join up here and start earning bitcoin daily.

Until Next Time

Ian Leishman

3 Comments

  • David Wakeman

    Reply Reply 22/02/2018

    Hello Ian,

    Interesting article on Bitcoin. Being new to this subject from a buyers standpoint, I have to ask a couple of questions. In your article, you have the following “you earn Satoshi by selling them for profit, and hence, earn more BTCs.”

    I am not familiar with the term Satoshi or the acronym “BTC”. It would be helpful to know what this means.

    From a pure curiosity standpoint, what is securing the value of the cryptocurrency? Who is guaranteeing the value?

    Thanks

    David

    • Ian Leishman

      Reply Reply 22/02/2018

      Hi David,
      satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto. BTC is just short for Bitcoin. as for who is securing or guaranteeing the value i’m not 100% sure. i have 2 bitcoins sitting in my wallet that i bought when the price was $1300 for one. I saw there value reach $19,997 but as volatile as it is i still think the price will go much higher in the next couple of years so im treating it as a long term investment and im in no hurry to sell them. i also own stellar and ripple. im in a program that you can earn 1% bitcoin daily and even more if you recruit too. Hope this helps David.

      Ian

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