Bitcoin for Dummies (and advanced)
Ways to make money with Bitcoin
Though there are many website claiming that there are
many ways to make money with Bitcoin. But there are
actually 4 legit ways you can make money related to
Bitcoin. The ways other to this are usually end up a
scam or variant or combination of this of (Such as
what called Faucet can be a combination of way 1. and
2.) Now Let's see.
1. Trading something with Bitcoin.
This is so straightforward. If you want to trade
something for Bitcoin you must first get Wallet If
you want o do this. It's in Tutorial
step 1, you don't need Step 2 or 3 to do this. If
you're a merchant who accept Bitcoin, you can inbox
us and we'll help you promote! (read Term of Service for this.)
2. Mining. This is the way we
recommend because it's free. Because bitcoin have no
organization that backed them at the first place,
They have neither computers nor machines to process
the orders around the world. Here comes the
opportunity for you to make money by get your
computer or any device to help them by just connected
to them. As you help them you'll get ammount of
Bitcoin in return. It feels kinda like a bank pay
salary to their workingmen. The difference is you
don't have to work yourself but just let your PCs,
Macbooks, Mobiles, Notebooks, etc. work for you. So
they can bring the money in your pocket even while
The way to start this are explained step-by-step in
3. Buying them and Speculate.
As you buying some Bitcoin and the price goes up.
Let's say you buy 0.5 BTC for 3500 USD and someday
the price goes up to 5500 USD then you sell it, You
get 2000 USD profit. Many people make money this way
in the past but it comes with risks. Because Bitcoin
is not tangible things and the price is not
4. Trade them using Forex Brokers.
Like other currencies, they can be trade using Forex
broker. This have more advantage than Buying them
yourself because the Forex broker will provide you
some Leverage, so you can make higher profit per
chance of the price. Let's say If the price move by 3
dollars. For buying and selling them yourself don't
make more profit than 3 dollar at that time. Using
broker you may able to make 40-60 dollars profit
already. There are few broker that can work with
Bitcoin at this time if you want to try some we
recommend you to go to this site.
In summary, If you want to get some Bitcoin, goes for
way 1. and 2. (the way 3. and 4. is not making you
Bicoin but rather normal currency.) But if you want
to make money, any of them will be fine, the way 2.
is the only free way though.