Monday, February 5, 2018

How to make money with Bitcoins.


Bitcoin is one of the fastest growing cryptocurrency. Its electronic money. Bitcoins was invented by Satoshi Nakamoto from Japan who came up with this brilliant idea of decentralize this cryptocurrency. Bitcoin is not the only cryptocurrency exist, there are many of it kind like Ethereum, Litecoin, Dogecoin, Bitcoin Crash, Moneiro, Curecoin, Dash and so on, just to mention few.

This is great opportunity for everyone to start making money with Bitcoin because its Internet money which is not controlled by any bank or government, all you need to make money with Bitcoins is your PC/Laptop or smartphone and very importantly, internet connection. There are many ways to get Bitcoins if you have all above mentioned items, you can either buy Bitcoins with local currency from any Bitcoin dealer or you can buy Hashpower from Cloud Mining platform and start mining Bitcoins straight from your PC or laptop or smartphone in comfort of your home.

Before you buy or payout Bitcoins you have mined, you need to have a Bitcoin wallet. Bitcoin wallet  is a special ewallet designed to store Bitcoins, its where all Bitcoins transaction will take place either you buy anything with Bitcoins or simply receiving them from any source. Bitcoins wallet contains owner's wallet ID that you need to login it and Bitcoin Address you need to receive Bitcoins.

One more thing you must know about Bitcoin mining is electricity consumption, the more hashpower you have on your computer, the more Bitcoins you will mine faster but your electricity will be consumed. You can also buy some mining hardware, for example: Antminer s9, this device is to be connected to your computer and start mining Bitcoin without making any noise from your home but that can too expensive to purchase don't worry if you're beginner you can earn Bitcoins for Free with Bitcoins Faucet where you'll require to complete any task and get paid Bitcoins. Tasks involve watching ads or referring your friends to that specific Bitcoins Faucet.

Current Bitcoin price is USD8,900 per 1BitCoin but it can change from time to time, high or lower. When Bitcoins is cheaper its great opportunity to buy as much Bitcoin as you can and when Bitcoin price is high, you can sell / exchange Bitcoins Into cash money. Bitcoins is the best, you can sell them peer to peer without need of bank involvement like you do with fiat money. You can also exchange your Bitcoins on Bitcoin exchanger sites.

You can spent your Bitcoins on some online sites that allow customers to pay their products or services with Bitcoins for instance TripleClicks, Amazon, eBay etc those sites are legit and can reach out to any country worldwide with their shipments.

Here is what you can do to exchange your hard earned Bitcoin into cash money.

Simply visit exchanger sites like InstantExchanger where you have wade rage of options to exchange your bitcoins. You can either choose Bitcoin to PayPal if your country is PayPal supported or you can choose Bitcoin to Payeer, I recommend this option because Payeer is supported by many countries than PayPal. After exchange them to Payeer, you will than link your Visa/MasterCard to Payeer and send you money to your local bank, simple as that, you can live life by Bitcoin.


3 comments:

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