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Ways To Earn Bitcoin
- June 15, 2022
- Posted by: ejadmin
- Category: Blog
Bitcoin has become the number one coin in the world market and as being the most popular coin, it also turns out to be the most valuable coin ever therefore if you want to make a living using cryptocurrency, then you should learn ways to earn bitcoin.
Yes, you can only earn bitcoin if you understand ways to earn bitcoin first, that’s why I have taken it upon myself to compile this article.
There are a lot of ways to earn bitcoin but in this article, you will learn 3 ways that you can earn bitcoin.
Ways to earn bitcoin:
1 Payment in the form of crypto: One of the simple ways to earn bitcoin as a freelancer is to accept your payment in bitcoin format when you are being paid for a work or product.
As a store owner who wants to earn bitcoin, all you have to do is to ensure that among your banner that you include “accept bitcoin here”. This notice will do all the speaking for you.
Whosoever that deals on bitcoin coming to your shop or store for whatever business you offer will just use this payment method instead of cash. In this way, you will be able to earn bitcoin.
2 Airdrops: Airdrops are one of the top ways to earn bitcoin or any other coins mostly for free. It is one of the ways that big companies use showcasing their businesses or products to a huge number of people who are into crypto.
As a freelancer, you can earn a lot of coins by ensuring that you promote companies that are into trading. in this way, you will be allowed to earn free coins in exchange for your services.
If you are looking for airdrops then you should find a forum that deals on bitcoin and join. Forums such as bitcointalk, etc. Bitcointalk is the most popular forum in the world that discuss mostly bitcoins and other cryptocurrencies. It was created by Satoshi Nakamoto in the year 2009.
To join the forum visit the official site at https://bitcointalk.org/
3 Mining: I’m sure you have been hearing of mining as it is one of the first ways to ever earn BTC.
Mining has to do with mathematical intelligence which has it has to do with calculation. In this way, if your calculation is wrong, then you will lose but if your calculation is correct, then you have successfully cracked the code to earn coins.
4 Trading: There is a lot of style for trading and there are; day trading, Arbitrage, swing trading, etc.
All these styles, are trade with their method so before you choose any of their styles, ensure that you study the market well before going into the trading market.
Any wrong move in the trading market can result in you losing your stake, therefore you should learn which of the ways to earn bitcoin style you want to trade with.
There is no extraordinary trader in the market so don’t be intimidated by anyone because you will only lose focus. All those expert does is them using their time to learn and study the trading market so well that they know when to stake high and when to stake low.
Therefore, if you want to choose trading as a way to earn bitcoin, then you must do all you can to learn and understand the market before going into it.
5 Buy and own: Most people who do not want to go for trading or mining, prefer going for this method. In this method, you will use a certain amount of money and buy the coin then stock it in your wallet as long as you want, and then when the bitcoin market price goes high, you can then decide to sell it higher than you bought.
How to receive payment in crypto
You can choose to receive your payment using any of these means, apps on a touch screen, QR codes with the wallet address, external processor or hardware terminal, etc. These are the top 5 means for bitcoin transactions.
How to learn to trade
Do you want to learn how to trade bitcoin? then use the demo account for a while until you are sure that you are ready to start trading. The demo account will help you to understand the market, and one of the things about it is to start by stacking low before your increase.