How to Make Money with Bitcoin (BTC)

Maybe we all know that nowadays, Cryptocoin become the number one issue all over the world. The question is it is worth investing our real work in Bitcoin? Even if you are a savvy investor who will not hesitate to do extensive research, Bitcoin investing is still in your favor.

It is undeniable, some people have experienced big losses in Bitcoin investments. Even so, this condition does not rule out the possibility that there are also many people who are now millionaires because they can generate income up to millions because of Bitcoin.

If you want to be absolutely sure you're entering a never-before-traced world of Bitcoin, follow these basic instructions: 

• Do research
• Market analysis
• Diversify. Do not focus and invest in only one type.
• Measure the risk and choose the method that appeals to you the most
• Don't follow the hot issues and always listen to the advice of the experts

In conclusion, the return on Bitcoin is worth your time and investment. However, you are advised to remain extra cautious when entering the highly volatile investment space.

Recommended website/ tools to start earning money from Bitcoin

1. Binance 

2. Crypto.com

How to Make Money with Bitcoin?

Here are seven of the best ways to learn how to make money with bitcoin:

Trading

Trading or buying and selling Bitcoins for profit is one of the most popular ways. If you have the ability to analyze trading charts and are ready to take risks, this option is for you. Sign up for Binance and exchange your rupiah for Bitcoin (BTC). As soon as you see a price spike, sell your BTC and enjoy the profits.

You can sell and buy Bitcoins whenever you want. You can access and trade 24 hours a week. This means that you can trade however you want, especially when the price is soaring high.

In terms of convenience, you can easily access our crypto trading platform Binance. You can access Binance using Android and iOS devices. You no longer need to bother using a computer or laptop, because all exchange features are available on your smartphone.

For those of you who are not ready to take the big risks (and the possible money), you can try intraday trading or day trading and arbitrage. Arbitrage means buying the same asset from another platform when the price is lower and selling it on another platform to maximize profits.

Once you have a Binance account, you can create a detailed trading plan. Understand the graphics and patterns created in them well. You are also advised to understand the vitality of the Bitcoin world and trade a number of assets that you can afford to give up. Don't do it all right away, okay?

Your margin and profit when trading Bitcoin completely depends on your speed at analyzing charts and reading the market situation. You can take advantage of Binance's trading features to get more information and execute your trades. 

Bitcoin Investment

Investing in Bitcoin means holding back BTC until the best time comes. HODL (Hold On for Dear Life) is a term in crypto exchanges for long-term investments. If you believe that Bitcoin has a positive future and you believe it will spike in price, you should opt for HODL.

However, when investing in HODL, you should not have your expectations too high. You are also advised to have a stable and resilient emotional state. Because HODL is not as easy as it seems. You should be able to hold yourself back even when BTC experiences an increase or decrease in price until the time you set comes.

You have to know the right time to sell. If you are looking for a long-term investment, you can store your Bitcoins in a hardware wallet such as the Binance program available on Binance. By using the Binance feature, you can not only store Bitcoin as an investment. However, you can also get other benefits in the form of interest on the assets stored.

Are there any other options other than investing by buying Bitcoins and reselling them?

Yes, you can also make money with Bitcoin by investing in startups, companies, blockchain development, and much more. Indeed, the above business fields are types of investments that require a lot of research. Because, you have to measure the potential of a startup by analyzing whitepapers, expert opinions, market demand, and various other things.

However, if you make this investment right, you will not only make profits with BTC alone. You can even make more profits than you previously expected.

However, remember that investing is not just about making a profit. Apart from that, there are also drawbacks that you should consider. One of the downsides of investing in crypto exchanges, especially when choosing an arbitrage strategy, is that you have to switch between different exchanges to find the right investment opportunity.

Bitcoin Mining

Bitcoin mining is the process of adding new blocks to the Bitcoin blockchain network by solving cryptographic puzzles.

For those of you who have technical skills in mining and high-spec computers with superior computing power, mining can be a profitable choice. Generally, Bitcoin miners can make huge profits in the early days of the crypto revolution.

Unfortunately, Bitcoin mining is no longer as profitable as it used to be. Your mining results can barely even compensate for the electricity bill when mining. Does this mean you can't make money mining BTC? Not really.

There are cloud-based mining services that allow you to pay only once. Cloud-based mining services will set up mining equipment rentals for other miners so they can mine for you. You don't have to worry about electricity costs, stability, and security when mining.

Just invest once, and you will continue to receive your share of the mining results. But before choosing a cloud mining service, don't forget to verify the credibility of the company you want to try. Because in the crypto world, spamming is the highest problem.

In conclusion, mining is still a profitable way if you know how to do it right.

Micro Earnings

As the name suggests, micro earning won't make a lot of money. However, it is an interesting way to make a profit if you know the right way.

If you fall into the category of people who don't press the “Skip Ads” button when viewing digital ads, micro earning can be an attractive option. Pay to Click (PTC) sites like BTC4ADS, Coinadder will pay you in Bitcoin for watching ads. Also, to earn another micro income, you can watch YouTube videos or complete online surveys. One of the leading micro-employer websites is Bitcoinget.

Micro-earning sites usually provide their users with Satoshis (the smallest fraction of Bitcoin). One Satoshi which is equivalent to one per 100 million BTC. Watching an hour of adverts will earn you around US$0.04 to US$0.05. The value is equivalent to Rp. 500-700. If you want to earn easy money while spending your free time, micro earning is the right choice.

Bonus method: This method may conflict with the ad program's terms of service, so make sure you read their terms and conditions before trying this method. You can invest in using several cheap android phones at once and turn on WiFi 24 hours a day.

Turn on the phone and let the ads keep playing. Meanwhile, you can collect income without having to bother. Before using this method, be sure to check the price of the phone, the required electricity costs, and the necessary settings for the ads to run automatically. If the numbers are reasonable, you can earn extra income.

Accepting Bitcoin as a Payment Option

You can earn money with BTC by accepting it as a payment option. Currently, Bitcoin adoption is starting to be carried out by various merchants. Both small vendors and giants like Starbucks are starting to accept BTC as a payment option. If you are a seller or plan to become a seller, you might consider integrating Bitcoin into your payments ecosystem.

Offering Bitcoin as a payment option will open up new opportunities for you. You can receive payments from anywhere in a very short time. You do not need to rely on third-party services to process your payments.

All you need is a Bitcoin wallet, it could be a new wallet or the Bitcoin wallet you've always had. To avoid losses, adjust the price of your product according to the volatility of bitcoin.

Accepting Bitcoin as a Payment Option

You can earn money with BTC by accepting it as a payment option. Currently, Bitcoin adoption is starting to be carried out by various merchants. Both small vendors and giants like Starbucks are starting to accept BTC as a payment option. If you are a seller or plan to become a seller, you might consider integrating Bitcoin into your payments ecosystem.

Offering Bitcoin as a payment option will open up new opportunities for you. You can receive payments from anywhere in a very short time. You do not need to rely on third-party services to process your payments.

All you need is a Bitcoin wallet, it could be a new wallet or the Bitcoin wallet you've always had. To avoid losses, adjust the price of your product according to the volatility of bitcoin.

Become an Affiliate

It's time to leverage your social media followers and make money. By becoming an affiliate of a cryptocurrency company, you can make a lot of money.

You just need to sign up for the crypto asset affiliate program and promote their products to earn commissions. You will receive a commission depending on the number of new customers you get for the company.

The affiliate program will provide you with a special link that can be used to track the performance of your promotion. For every customer purchase (registration or depending on the program) through your link, you will receive an attractive commission.

If you have a good network and are able to convince others, you can make a lot of money. One way is to tell people how to get Bitcoins. The only thing you need to do is share the link on your social media accounts and website while promoting the product.

So that the product you are selling does not contain spam, you must register with a reputable affiliate program.

Bonus method: If you have sufficient knowledge of the blockchain world, you can sponsor a post on a leading crypto asset blogging platform or Bitcoin discussion forum. Usually, you will be paid according to the difficulty level and the number of articles you produce.

Also, if you are ready to invest in computing power with computers, you can become a master node and power the Bitcoin blockchain. Think of yourself as a server that is always on and helps the network to work. By becoming a master node, you can also make a lot of money