Lethos
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July 13, 2013, 06:46:39 AM |
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There are a few ways you can make money via Bitcoin, though it's not exclusive to Bitcoin;
Arbitrage - Regularly buy (low) and sell (high) in value Bitcoin across multiple exchanges to provide a steady profit. Bitcoin Mining - Buy (invest) in mining gear like ASIC devices (do your research first on which) and sell your Bitcoin profits. Bitcoin Goods - Sometimes there can be a profit in buying things in Bitcoin and selling it in your local currency or vice versa. Bitcoin Services - Provide a service like programming (example) and invoice in Bitcoin.
These are far from everything you could do.
Point is except my 2nd example, generally speaking Bitcoins is no different than any other currency, it's about finding out what works for you and were your skills lay to make the best at it. Also Bitcoin prices fluctuate in comparison to most currencies, so you can either see this as a risky thing, or something you can take advantage of if you know how.
Good luck.
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