3 Ways To Profit With Bitcoin

Posted by Dan White

Internet & eBusiness

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3 Ways To Make Money With Bitcoin

With the price of Bitcoin continuing to rise you could simply buy some bitcoin and let it sit in your digital wallet and watch it grow. If you had invested $100 into bitcoins in 2010 it would now be worth over $1 Million to you. If you had invested $1000 just LAST YEAR, you would have more than doubled your money. And at the time of writing this post Bitcoin has gone up by over $400 in just 5 weeks. Something to think about! Get $10 free bitcoin when you open a Coinbase account here.

Mining. Bitcoin miners get paid small pieces of newly generated bitcoins simply for verifying recent transactions. Mining is the backbone that allows Bitcoin to function. New Bitcoins are created as a reward for miners who secure & verify payments in the blockchain. A more detailed overview on bitcoin mining and how to get started can be found here.

Trading cyptocurrencies including bitcoin is the art of buying bitcoin (or other cryptocurrencies) at one price and then selling it at a higher price. Knowing when and where to buy and sell is key and there are many exchanges to choose from. The website https://www.buybitcoinworldwide.com/ is a good place to learn about exchanges and buying bitcoin. There are also various investment companies who will do the trading for you and offer stable annual or weekly profits and very high returns on your investment. There are also less trust worthy websites popping up all over claiming crazy rates of interest such as 10% daily, this kind or profits can not be guaranteed and sustainable so be careful when you come across such websites. Usually the lack of a few simple things like ‘proof of trading’, a clear ‘terms and conditions or agreement’ page and detailed company info should be a warning to be extremely careful dealing with such a website or company. Even claims of 1% or 2% guaranteed daily although less ambitious is still a bold statement to make in such a volatile market and highly likely to be a scam or illegal scheme of some sort. One company which does offer a genuine long term investment opportunity is Crypt Trade who provide between 0.59% and o.99% daily on an annual investment plan in which interest is paid weekly and can be withdrawn twice monthly. Along with very good incentives and payouts for team builders. For more information on Crypt Trade click here. Add me on facebook and request that I add you to our Cryptrde FACEBOOK Group where we have a load of great videos, tutorials as well as how to spot the bitcoin 'scams' , send me friend request as ask https://www.facebook.com/dan.white.75491

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