You are really into cryptocurrency world but still don’t know how to make the best of it? Then read my article where a review all possible way to make money with Bitcoins.
Assuming all I would like to say beforehand that Bitcoins are not free money and journey in to cryptocurrency world takes time, effort and your persistence. But if you are still not afraid, let’s check all options!
1. Work on Bitcoin faucets
Bitcoin faucets are types of website where you can earn micro Bitcoins doing small, repeatedly tasks. Usually you have to repeatedly visit PTC websites in order to do the micro earnings – usually around 5-40 cents an hour of non-stop work. Worth it or not you will decide!
2.Own a Bitcoin faucet
By setting up a Bitcoin faucet and manage ads there, you can earn up to $1000. It will require a stable strategy, control and users managing. If you are interested, let me know in comments below I will write detailed article about how to set up a faucet
3. Mining bitcoins
Mining by solving special mathematical puzzles is another way to get some bitcoins. But nowadays it brings less and less profit as It requires extremely expensive mining equipment, high electricity costs, hardware configuration knowledge, physical space to actually store your miners, and has a lot of competition in the market. There are some mining pool you can join but they ask entry fees that makes your profit less.
4. Writing posts on BitcoinTalk
By writing posts on BitcoinTalk, a leading Bitcoin forum, you can earn up to $4-6 an hour depending on posts quantity and your membership level. To become a full member, you’ll need at least 120 posts. If you like to write about cryptocurrency, this is a good way to start and try waters.
The riskiest way to earn money with Bitcoin is to be a cryptotrader. The strategy is to buy Bitcoin when the price is low and sell it when the price rises. But you never know how price would be tomorrow, and news sometimes could be fake to provoke traders to sell or buy.
Gambling in Bitcoin casinos is another risky way to earn money. Usually these casinos have in-house wallet, where they transfer you the profit, once received you can transfer it to your personal account, Zero fees, fast, anonymous transactions are some advantages of these casinos. But…very risky for my point of view. What do you think?
7. Affiliate programs.
Bringing customers through affiliate links is another way to earn money with bitcoin. There are Bitcoin exchanges, products and services that searching for affiliate partners. One of the ways to promote this link is to set up your own website.
8. HYIPs and coin doublers
Coin doublers and High Yield Investment Programs also known as HYIPs in my point of view are very risky as many scammers have appeared in the market. After my investigation I found out that these sites actually take money from new users and use that money to pay off old users.
What do you think about cryptocurrency? Do you know any other way to make money on it? Share in the comments below! If you have your question, please write it below, I would be glad to answer your questions or to introduce your project to my team at Astorts Group to be evaluated.
Alessandro Rocco Pietrocola is an entrepreneur and investor based in London and operating mainly in Europe, Asia and Oceania with main focus on UK, Baltic Countries, Russia, China, Hong Kong, Malaysia, Singapore, Middle East and New Zealand as area of interest! At the moment is the Ceo of Astorts Group. He is an UK FCA (Financial Conduct Authority) Approved Person and is has great experience as director of regulated companies. He uses to dedicate part of his life to inspire others and help them achieve the most out of their life. Since he was 20, he had successfully founded and managed several companies operating in the field of management consulting, wealth management and fintech. He loves travelling, he is a cigars lover, an amateur golfer and a dapper man.