Hello, i am a newbie and i would like to learn some stuff about BTC. I want to know the basics and tips for earning BTC and also some profitable earning schemes. It would be helpful for me to have a better understanding of BTC trading and get to know whether it will be profitable in the long run. Thank you.
Bitcoin is a digital asset and a payment system. It is commonly called a decentralized digital currency.
It was invented by Satoshi Nakamoto in 2009.
It is an open source software. This means, that no person, company or country owns this network just like no one owns the Internet.
The system is peer-to-peer, that is, users can transact directly without an intermediary like a bank, a credit card company or a clearing house.
Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. To know what is blockchain
There are many ways to earn bitcoins over the internet. But, I would say the easiest way is by accepting bitcoin as payment. This way, you’ll never have to worry about anything except receiving the bitcoin. Normally, after a job is done, you would receive your bitcoin in exchange for the work or services you have provided. This is of course for freelancers out there who are into project-based or fixed rate jobs. But if you’re running a small online business, you can set up your website into a web store that accepts bitcoin as payment.
Another easy way to earn bitcoin is by earning bitcoins as regular income. Believe it or not, there are people out there who are using solely bitcoins to survive. These are the people who may have invested in bitcoins years ago and/or people who are accepting bitcoins as their regular income. If your online employer accepts bitcoin, you can always ask them to pay you in bitcoin.
Earn bitcoins by playing some games online. There are multiple platforms that are hiring freelancers to just play games. These sites offer bitcoin as a mode of payment. So, try xbtfreelancer, bitkong, and Free Bitcoin Faucet. These websites also offer referral programs where you could earn 50% referral commissions for life!
Earn bitcoins by installing online apps and completing online promotional offers and survey. Check out coinsbucks.io. You’ll be credited instantly after task completion and there is no minimum payout!
Sell your junk! Got a lot of stuff and don’t know what to do with them? Well, guess what? You can sell them and receive bitcoin as payment. Of course, you would have to list them on sites that allow bitcoin as payment. Try Craigslist. You’ll have the option to choose “I accept bitcoin”.
Earn free bitcoin using bitcoin faucet. There are several sites that are giving away free bitcoins. They are called faucets. Easy bitcoin faucet and moonbitcoin are just two of the many btcoin faucets where you can get free bitcoin. But, naturally, you’ll receive your bitcoin in exchange of your email address, bitcoin wallet address or by logging with your facebook account. The pay about 38 satoshi every 10 minutes. Some bitcoin faucets pay higher, so sign up with the high paying faucets. You can also earn bitcoin easily through rewards and bitcoin rebates. Remember those reward cards, gift cards or whatever you call them? Companies still offer those but today, a lot of them also offer bitcoin rewards and bitcoin rebates. You’ll earn bitcoin rebates just by shopping at any participating stores.
