How to make money with bitcoin and cryptocurrency 2021 for beginners and I earn $2,102 doing this. You can do it for free without investment.
Can you really make money with Bitcoin and another cryptocurrency? Absolutely yes. It’s the possibility to get rich with bitcoin but is not a get rich quick scheme, but rather a way to get rich slow.
In today’s article, we going to talk about how to make money with bitcoin and cryptocurrency by the end of this, you will know how many ways you can earn money? How does it work? And important of all is it really worth your time or not we about to find out so sit back relax and drink some coffee but first thing first
While investing and educating myself about this revolutionary technology is called blockchain back in 2017, I also found some legit ways to earn free bitcoins and make money from it. Whether you’re looking to earn tiny fractions of bitcoin during your spare time or planning to build a career in crypto. I hope this list will give you a headstart in the right direction.
Buy HODL And Pray
The easiest way to lose money in cryptocurrency by far is through speculative trading. According to Bloomberg, as high as 80% of total transaction volumes on bitcoin exchange using bots to trade. Here’s the truth, human traders can never outperform traders. And trading is where 90% of people lose their money.
Buy, hodl and pray bitcoin is one of the safest ways to maximum profit in the long run.
If you invested $1,000 in Amazon 10 years ago, you’d make about $20,000 today.
$1,000 in Netflix 10 years ago = ~$100,000
Let me give you my example: back in November Binance decide not to service US citizen anymore I can’t not trade there or buy there so I pull my money back to my coinbase.
I have $644.52 in my coinbase back in November.
I earn $2,102.30 On February
As you can see in my example, bitcoin has been the best performing asset over the last decade… blowing away stocks, startups, bonds, gold, silver, and any other precious metal or commodity.
Even though we’re still at the early stages of crypto, more and more people, including merchants, financial institutions, and investors, are demanding Bitcoin.
One of the easiest ways to buy Bitcoin is using Coinbase and they went public. If you sign up they will give you free $10 of bitcoin.
Earn Crypto While Learning
It’s simple they let you watch 1 min videos and you taking quiz. If your answer is correct you will earn money.
They’re aiming to make cryptocurrencies easier to obtain and easier to understand, Coinbase is launching a special program called Coinbase Earn Reward. It’s a great way to understand more about an asset’s utility and its underlying technology while earning some cryptocurrencies.
How it works? It is really simple
Simply head to Coinbase and login to see the list of educational videos and courses.
Select a cryptocurrency you want to learn and watch videos on your laptop or phone.
After each video, you’ll need to complete a simple quiz testing what you’ve learned.
You’ll receive crypto in your Coinbase wallet.
That’s it. Once you accumulate enough crypto, you can exchange it for cash on Coinbase or exchange these altcoins into bitcoin.
Earn Interest By Lending Out Your Bitcoin
Deposit money in bank accounts and receive interest on your deposits is a century-old method of growing your money. The same concept applies to Bitcoin and cryptocurrencies. The website I use is BlockFi.
BlockFi is a cryptocurrency exchange that allows you to earn up to 8.6% annually on your cryptocurrencies. That’s over 8X the best savings account rates.
Another advantage of BlockFi is that you can borrow against your coins. Instead of selling them when you need funds, you can take out a loan. This avoids having to sell into a down market.
Let me show you how much I make to put in $800 bitcoin and $700 ethereum. I able to earn $6.53 total interest paid and estimate interest pay $3.99, the extra $200 it is from referral bonus.
Now BlockFi is not the only one in the game, Celsius Network, and Nexo also good. If you interest to invest with BlockFi I make a video about it make sure you check the video right here.
Do Microtasks For Bitcoin
Doing micro tasks like answering messages, taking surveys, watching videos and downloading apps is an easy, no-brainer way of earning Bitcoin.
The website like Timebucks.
TimeBucks is GPT (get-paid-to) website that will pay people to complete small tasks like completing surveys, watching videos, completing offers, playing online games, and more.
You get $1 worth of BTC for just signing a free account. For your first day, you can earn up to a maximum of $50 worth of Bitcoin. After that, you can expect to earn between $10-20 worth of Bitcoin daily depends on the task and time spent on the platform.
The tasks are also pretty easy and take a couple of minutes to complete. You can choose to cash out your balance directly to your Bitcoin wallet, AirTM, Payeer, Skrill, and Neteller.
You definitely won’t get rich or earn a full-time living from doing small jobs alone. But you won’t waste much time, you can easily earn small fractions of a Bitcoin during your spare time.
Earn Cryptocurrency By Walking
Do you want to get paid for staying fit? Yes, you can! Sweatcoin is an awesome app that tracks your steps and pays you in sweatcoins (SWC). It’s a fun and easy way to earn extra cash by doing what you already do naturally — walking.
Anytime you walk or run outside, it will detect and convert your steps into sweatcoins. For every 1,000 steps you take, you’ll earn ~0.95 SWC. You can then spend your SWC on products, services and experiences on their marketplace.
The more you walk/run, the more you get paid.
Earn Free Bitcoin When You Shop Online
Do you want to get rewards in Bitcoin while shopping online? Let me show you.
Lolli is a Chrome extension that helps you do just that, allowing you to earn up to 30% for over 500+ top brands all across the web, with virtually no effort! Of course, no one would want to buy more stuff just to earn free Bitcoin.
But if already you’ve something in mind that you want to purchase, Lolli can help you to save extra bucks as well as earning cashback in bitcoins!
- Install Lolli extension on your chrome browser.
- Shop the web, Lolli will pop up to notify you on the percentage of Bitcoin you can earn back.
- Buy whatever you’re planning to buy as normal.
- Earn free Bitcoin when you checkout using Lolli.
Earn Bitcoin With Your Computer
Are you interested in Bitcoin mining or earning BTC passive income? Honeyminer is a simple but helpful app that lets you mine instantly. Typically, mining cryptocurrency is a complex process, requiring technical knowledge and high upfront costs.
But Honeyminer just makes it super easy and possible for everyone to collect Satoshi with just a computer.
All you need to do is install Honeyminer (Windows and Mac), and let it run on your computer. The app will use your computer to mine coins and convert them into Bitcoin automatically.
With this free app, you’ll be able to earn Bitcoin while you sleep. Depends on your computer power, you can expect to generate tens of thousands of Satoshi every month.
Make Money By Referring Friend
Find a good product or service? Why not share it with your friends and get a reward. Earning through affiliate programs is perhaps one of the most overlooked ways to earn extra cash.
It’s pretty easy. You promote a service or product that you like and when people sign up or make a purchase using your link, you will receive a commission. How does it work? you sign up for a bitcoin affiliate program that you’ve personally used or trust and believe in.
- Fill up your profile and provide your Bitcoin address (this is where they’ll send your earnings).
- You will be given a special referral link that will bring visitors directly to their website.
- Share the link with the world! You can add the link on your blog post, website, invite your email contacts, share it on forums, pin it, tweet it. Get creative.
- When someone clicks your link and makes a purchase, you’ll earn a commission in bitcoin. Most of the platforms I mention in this video, have a referral programs so sign up and make some money baby.
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