Different ways to make money fron Bitcoin

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Avatar for Freelenzy1
4 years ago

I have been able to reason around the best ways to earn from Bitcoin.

Currently Bitcoin is rated the highest valuable crypto in the whole world today.

As at now Bitcoin of 1BTC values over 4 millions in naira. One would have imagine how well he would have made if he early purchased Bitcoin as at when it's valuing 10k in 2017.

When people have got to believe it now because it's now best to make money now but scammers have tried to use this means to scam some persons from their bitcoin. As for me I will say that is mining because they tried to gather more bitcoin until they are able to make up to a bitcoin and eventually trade or invest them.

How can we profit from Bitcoin

There are several ways to profit with Bitcoin which are 3 in numbers.

  1. Hold Bitcoin; well some persons who must have gotten Bitcoin before now are millionaires due to the value of Bitcoin rating today.

    This one is very simple. If you have gotten a full bitcoin as at 2016 2017 which was costing 10k only which presently today is many times above that . You buy and hold on your auxiliary wallet believing it will high in the future for possible sales.

  2. Sell and buy ; it is very easy to do this one because you buy in lower price and sells high to make in higher profit. It is just similar like the first one whereby you buy in lower value and wait for a rise whereby you sale for Profit.

  3. Trading; trading Bitcoin is not easy because you need experts and professional to deal on this on your behalf. They are called brokers but these days many claim to be trading experts and brokers meanwhile they are not. You start up with amount of money of which you use to buy Bitcoin to trade for income. They trade on your behalf and earn profit for you and get percentage after the end of the services to get profit.

  4. You are welcome enjoy your reading.

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Avatar for Freelenzy1
4 years ago

Comments

I do not use Bitcoin BTC and here you can read why: https://read.cash/@Telesfor/why-i-dont-use-btc-98073d18

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4 years ago