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How to Make Money From Bitcoin Online

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How to Make Money From Bitcoin Online

It is now the eve of 2018 and bitcoin is at the top of the mountain˳ The bad days seems to be gone, and although a bitcoin bubble could happen anytime, there is no arguing the cryptocurrency is here to stay˳ The sooner you get involved into making money from bitcoin, the better ground you will have in 5 years when it becomes an established currency worldwide˳

And if the Bubble scares you, investing in bitcoin is just one of the options, but not the only one˳ Bubble or not you can still make tons of money from bitcoin˳ And bubble or not, the value will rise in the future because people are just getting involved in it˳

Make you own Bitcoin Faucet

Earning Potential: $50 to $800 a month˳

A bitcoin faucet is a project in which you create a website or app for users to visit˳ You monetize the site with ads that pay in bitcoin˳ The ads pay a small amount of bitcoins per page view, click or conversion˳

To encourage a large amount of visitors to keep navigating the site on a daily and hourly basis, you offer to split the revenue from the ads with them, paying in Satoshi which are basically bitcoin cents˳ To claim their winnings the user needs to earn a certain amount of Satoshi and payments are conducted on a weekly basis˳

Faucets are paying between 100,000 to 400,000 satoshi’s per hour˳ Some offer premium payments for seniority or tasks achievements˳

Faucets began to operate with the solving of captchas, and nothing else˳ A very boring passive income task˳ New faucets are building in games were users kill aliens, feed critters or kill robots to earn satoshi, the more they advance in the game the more they earn˳ So this is a great idea for your own faucet˳

The day were every video game player gets paid for playing is just around the corner˳

Take into consideration that bitcoin faucets tend to default due to underfunding or liquidity˳ The owners of the faucet do not receive their payments fast enough to pay a fast growing user base˳ They also tend to be hot targets for hackers˳

Generate Passive Income from Your Bitcoin Blog

Since bitcoin is so new compared to other targeted content there’s lots of room for new bloggers and sites˳ New businesses related to bitcoin spring up every day; anything from bitcoin exchanges, trading, play money sites, faucets, online shops and mining are avid for your advertorial space˳

Creating a bitcoin blog and monetizing can be slow at the beginning, but constant publishing of rich content will get some advertisers interested in no less than 9 months˳

You can join some affiliate programs or establish your own bitcoin shop˳ Bitcoin faucets, wallets and exchanges pay large commissions per referral˳

Small Earnings from Bitcoin Faucets

My first advice involved creating your very own faucet˳ If that is a bit too hard, then try joining one and reaping off its benefits˳ Instead of making around $800 a month it would be more like $30 to $100 a month from a monotonous task, but it’s still money and a first step to begin building up your bank˳

Take note that bitcoin faucets tend to be faulty and disappear very fast˳ So make sure to join some reputable ones like Robotcoin˳com and BitcoinAlien˳com˳ These are also fun because you get to play games while earning, my top most recommendation would be robotcoin˳

Create a Bitcoin Product or Service Online Shop

Bitcoin is still hard to monetize into USD and other hard currencies˳ Not that it is extremely hard, but ads some fees and taxes to the process˳ Although it is still one of the cheapest ways to send money to anywhere in the world˳

Buying stuff with bitcoins is a great way of making something useful out of them and helps skip the fees and tax of exchanges˳ Especially if you can then resell those goods and turn into hard cash˳

There is a great business opportunity in selling goods paid in bitcoin at low prices or wholesale˳ All you need is a bitcoin merchant for your Shopify or WooCommerce shop like BitPay˳com˳ Shopify comes with BitPay already˳



Source by https://ezinearticles˳com/?How-to-Make-Money-From-Bitcoin-Online&id=9844375

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