Bitcoins were released over 10 years ago in 2009 and over the years have grown up to become a trusted digital currency that can be exchanged easily but as the rise of the value of bitcoins was very immediate and sudden, it didn’t give much time to the investors to think it through. But the question still remains the same: Can bitcoins be used nowadays to make money?
- Making money from bitcoin
There are numerous ways to earn money from bitcoins with considerate ease. Some of these are:
- Mining Bitcoins
It is a relatively simple way to earn bitcoins as the miners are required to bring the bitcoins to the surface and solve math problems with special software in exchange for bitcoins. Although it was very easy and popular in its early days, it is not considered as profitable nowadays.
- Bitcoin Faucets
There are many bitcoin faucet websites that allow you to earn some revenue just by watching some ads, taking some surveys, and answering some questions. The revenue for these websites is generated from numerous advertisements displayed on their pages.
- PTC Websites
You can also earn some bitcoins by watching ads or opening a page containing ads on these websites.
- Micro jobs and gambling
With the use of micro working sites, you can make money by doing simple tasks such as watching videos or completing surveys. You can also gamble using bitcoins if you are self-aware and know how to gamble responsibly.
There are many other ways to earn some bitcoins like creating a wallet and keeping them safe until they rise in value. If you are aware of the happenings in the market, you can also trade bitcoins or write about bitcoins to your advantage. You can try Trading beginnen to start off your trading.