How can I choose the best approach to get an extra income every month using bitcoins? Any tip or recommended way?
I was wondering which the right way to get bitcoin can be. I understood that there are many ways to get bitcoins but not all of them are reliable. That’s why first of all, I think it is necessary to have a good knowledge of the subject. And that’s why I searched for bitcoin related information. Basically I have identified two different approaches to get bitcoin: I can spend money to buy bitcoin or I can spend time to earn bitcoins. Both approaches work well. Some ways of buying or earning bitcoins are better than others. So, which one to choose?
- To buy or to earn bitcoins for free, the common requirement is the bitcoin wallet
- The fastest way to get bitcoin: buy bitcoin
- How to Earn BTC for Free
To buy or to earn bitcoins for free, the common requirement is the bitcoin wallet
To clarify: a bitcoin wallet allows you to send, receive and store bitcoins (BTC). BTC uses two cryptographic keys, one public and one private. A bitcoin wallet is a collection of these keys. Specifically, there are different types of wallets for your bitcoins: mobile, web, desktop and hardware. Without doubt, the quickest way to have a bitcoin wallet is using an online wallet like Coinbase. It is for free and it is one of the most reputable bitcoin wallets. Here is a short tutorial to use Coinbase.
The fastest way to get bitcoin: buy bitcoin
First thing to remember: with bitcoin wallets like Coinbase, you can also buy bitcoins. In fact, Coinbase is a money exchange too. To explain: you can buy and sell cryptocurrencies. Once you signed up for Coinbase, you can set your payment preferences. On Coinbase you can buy bitcoins using your credit card or using a simple bank transfer from your bank. The minimum BTC amount that you can buy on Coinbase is 2 in your local currency. So, for example it means $2 or €2. In addition, with Coinbase for the withdrawals, paypal is accepted too. When you buy BTC on coinbase, your bitcoins will be added into your Coinbase wallet.
To increase your bitcoins, use the interest option, like a traditional bank account
Receive compounded daily interest on any balance that you hold in your Coinbase wallet, without doing anything. If you sign up for freebitco.in, you will have the possibility to tranfer your BTC from your Coinbase wallet to your freebitco.in account. So, you will receive daily interest on your balance. Maintain at least 0.0003 BTC in your freebitco.in balance you will receive daily interest. Do you want your bitcoins back? Easy! Just transfer your BTC from freebitco.in to your Coinbase wallet. Remember: bitcoin transactions are real time transactions. No need to wait like the traditional bank transfers. Sign up for freebitco.in using this link: https://freebitco.in/?r=17094921&tag=p9l2.
When you think that it is the right moment to sell your bitcoins, you can sell them on Coinbase. Then, send your money from Coinbase to your bank account, credit card or paypal account.
How to Earn BTC for Free
Play games to earn bitcoins
Playing games on your computer or smartphone, for sure is one of the funniest ways to earn BTC for free. Many users are paid in BTC every day to play games. There is great interest for the bitcoin casino, where you can bet using your BTC. In addition to traditional casino games, in these BTC casino there’re also betting. You can bet on TV shows, music, social events, politics events, sports matches, future price of bitcoin and lotteries. As can be seen, you can get many bitcoins for free, just using your knowledge of the subject.
Moreover one of the most reliable bitcoin casino is freebitco.in. You can use your balance to bet and to receive bitcoins that you will win. Sign up for freebitco.in, here is this link: https://freebitco.in/?r=17094921&tag=p9l3.
Online tasks to earn bitcoins
Some companies give you bitcoins to complete tasks like test, surveys or sharing their news on social media and complete other small tasks. To know more, you can try BitcoinGet. Additionally, other examples are about websites where you can give answer to questions of other users. You can earn bitcoins if you give the best answer. So, basically if you are an expert in some topic you can use your knowledge to earn bitcoins. Interested? Try BitForTip.
Read Classic Books to Earn Bitcoins
You can earn bitcoins also reading books online. In fact, some websites like PaidBooks, pay users in bitcoin to read books. Overall you can use it at the same time with the other ways to get bitcoins for free. There’re many books available, like classic, adventure, business, biography, crime mistery, romance and much more.
Write About Cryptocurrency to Earn Bitcoins
To conclude, the last way to get bitcoin using your knowledge of a topic, is to write content. Some blogs, news websites and forums pay users in bitcoin to write for them. For example, a website that pay users to receive original contents, is Bitcointalk. In addition, there are websites like Coinality where you can find article writing gigs published from websites that pay you in bitcoin.