Would you like to earn bitcoins, but don’t know exactly how? Here are 5 Simple Ways To Earn Bitcoins. Let’s get started.
Simple Ways To Earn Bitcoins
1. Earn Bitcoins with work performance
The first way to earn bitcoins is to “exchange” your work for bitcoins.
Have bitcoins paid out as wages
On the one hand, you can ask your own employer whether they could and would like to pay out their wages in bitcoins. However, this should only be done partially, because there should always be a fixed salary and due to the price fluctuations of Bitcoin, one should only ever invest as much money as one is willing to lose.
For example, ten percent could be paid as wages.
Bitcoins work on special platforms
However, one’s own work performance can also be used differently and possibly better. The XBTFreelancer * platform offers you tasks that you can solve for bitcoins. The good thing about it is that the platform is structured according to languages, which means that there are also German-language offers, which makes work easier.
In this case, an offer is first published by a client, in which he describes the task and sets a price or a price range. Potential employees can apply for this offer.
Sell goods and services for bitcoins
You can also earn bitcoins in another way, namely by selling goods and goods of any kind for bitcoins. The possibilities for this are almost endless since almost anything – physical and not physical – can be offered for money (of course, the sale should be legal). The (digital) goods are then sold either via your own online shop, at the flea market, or in your own garage.
2. Earn Bitcoins with Bitcoin Mining
Another way to earn bitcoins is to mine bitcoins. Only a current Bitcoin Miner is required for Bitcoin Mining and Bitcoin Mining can begin. With bitcoin mining, however, electricity costs and maintenance costs must be taken into account.
The best way to do this is to use a Bitcoin mining calculator, which will calculate the final profit or loss for you. In Germany, Bitcoin mining is not necessarily profitable, above all the electricity costs are extremely high. However, one or the other may find a cost-effective way for Bitcoin mining.
An alternative to mining bitcoin yourself is mining with a bitcoin cloud mining provider. But you should be careful here! Because Bitcoin Cloud Mining lures scammers out and it has often happened that a supposed Bitcoin Cloud Mining company just wanted to swindle money.
Therefore use the company Genesis-Mining *, which many cloud miners trust. With my promo code psGlO1 * you will also receive a 3 percent discount on your purchase! Bitcoin cloud mining saves you electricity, maintenance, and cooling costs (and annoying side effects such as noise and heat). Your miners will be set up for you immediately and you are guaranteed that the Bitcoin miners are running 100 percent of the time.
3. Earn Bitcoins with Bitcoin Faucets
A bitcoin faucet is a website that pays you bitcoins for visiting the website and solving a captcha. Actually, you can also see it as work – but it is a more pleasant and not time-consuming work, which is why one often speaks of free bitcoins.
With Bitcoin Faucets, ad blockers usually have to be issued, because the Bitcoin Faucets are financed by advertising. Bitcoin faucets won’t give you tons of bitcoins, but with some regularity, you’ll still get some satoshis (shares of bitcoins). Well-known and popular Bitcoin Faucets are:
There are countless Bitcoin Faucets and more that are added every day, but these sites also close very quickly because they are financed by advertising revenue and sometimes only consist of Google AdSense advertising and then violate guidelines and the AdSense account is blocked.
Another type of website that is very similar to bitcoin faucets is a website that pays for you to visit websites. Here you click from one website to the next and then receive bitcoins proportionately. An advertiser pays for visitors to come and stay on a website. Providers for visiting websites for Bitcoins are:
4. Earn bitcoins with lending
The first three options were low risk, from here it gets a little riskier. The next method to earn bitcoins is through lending. For this, you give strangers a Bitcoin loan of a certain amount and receive fixed Bitcoin interest. Here is a platform that offers Bitcoin loan lending:
5. Earn bitcoins by trading
The last way to earn bitcoins is to trade bitcoin.
Bitcoin Day Trading
There is the possibility of Bitcoin Day trading. This means you constantly trade your bitcoins, mercilessly taking advantage of bitcoin price rises and falls. But for this, you need some specialist knowledge and you also have to know the market well, as far as that is at all possible. For Bitcoin Day trading, you need an exchange that allows you to trade larger amounts quickly.
For large amounts from €10000, the Bitfinex * exchange is suitable. As an alternative and for smaller amounts, HitBTC * can be used.
Bitcoin CFD trading
Probably the riskiest trading option is CFD trading with Bitcoin.
What are CFDs?
“CFDs (Contracts for Difference) are highly speculative derivatives and are only suitable for very well-informed investors who are aware that the increased opportunities also come with increased risks.”
Bitcoin auto trading
In addition to active trading via day trading and CFD trading, there is also the automated version of trading via Bitcoin Robots. The programs proceed according to defined algorithms and examine market movements for certain patterns in order to then automatically buy or sell Bitcoin.
Every trade is risky. No win guarantee. Any content on our website is for informational purposes only and does not constitute a recommendation to buy or sell. This applies to assets as well as products, services, and other investments. The opinions expressed on this site do not constitute investment advice and independent financial advice should be sought whenever possible.
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