4 Benefits You Can Enjoy When You Invest in Bitcoins

Bitcoin is a type of digital currency based on a peer-to-peer network. It was introduced in 2009. This type of currency differs from regular currency in that it is not centralized and does not depend on a bank or government authority. However, Bitcoin offers many advantages. For example, it has lower transaction fees than conventional payment mechanisms. Let’s take a look at the 4 benefits you can enjoy when you invest in Bitcoin. Read on to learn more.

Multiple use

At first, Bitcoin users used the currency to perform routine financial transactions without paying large fees. Since then, the currency has been used for many other purposes.

In fact, Bitcoin uses blockchain technology to facilitate digital transactions. Therefore, all transactions are first verified and confirmed. Moreover, all transactions can be viewed online through a database available on the blockchain website.

Apart from this, Bitcoins can be used to digitally trade securities for land titles, insurance claims and so on. However, it’s important to keep in mind that these uses are still under development. Therefore, they have not yet become part of the mainstream.

Nevertheless, the currency was quite successful. So it brought revolution in the whole industry. According to many researchers, the value of Bitcoin will continue to grow in the future. Therefore, it is a great idea to invest in BTC if you want to get a great return on your investment.

Expected income

First of all, it is important to note that the potential gain is higher than the potential loss when it comes to investing money in Bitcoins. According to many crypto analysts, Bitcoin will soon become an international currency. In other words, the chances of losing money are lower than the chances of making a significant profit. So it is somewhat of a safe investment.

If this happens, it will give a boost to global trade. As a result, the value of Bitcoin will increase by 20,000 times its current value. However, this can only happen if this currency is recognized as a valid currency for domestic and international trade.

Interest on your investment

Because bitcoins are considered a type of commodity money, you can invest your bitcoins just as you would invest money in any business using traditional fiat money. So, you can also earn interest on your invested money. Apart from that, you can sell your bitcoins after they increase in value.

Easy access

The cool thing is that you don’t have to hold your bitcoins for long to make a profit. Depending on how much money people transfer to the Bitcoin network, you can also make a profit in a short period of time.

In short, it is a great idea to invest in Bitcoin in 2019. Just make sure you follow the latest developments to take advantage of the opportunities available.

Best Cryptocurrencies of 2018: What Are the Best Alternatives to Bitcoin?

Important: This post should not be considered investment advice. The author focuses on the best coins from an actual usage and adoption perspective, not from a financial or investment perspective.

In 2017, the crypto markets set a new standard for simple profits. Almost every part or chip produced an incredible return. “A rising tide floats all boats” as they say, and the end of 2017 was a flood. The rise in prices has created a positive feedback loop that attracts more and more capital to Crypto. Unfortunately, but inevitably, this fast-moving market leads to huge investments. Money is thrown indiscriminately into all kinds of dubious projects, many of which do not bear fruit.

In the current bearish environment, hype and greed are being replaced by critical appraisal and prudence. Especially for those who have lost money, marketing promises, endless shillings and charismatic speeches are no longer enough. Well, the main reasons to buy or hold a coin are once again paramount.

Fundamental Factors of Cryptocurrency Valuation-

There are a few factors that tend to trump hype and price growth, at least in the long run:

Acceptance angle

Although cryptocurrency technology or an ICO business plan may seem amazing without users, they are just dead projects. It is often forgotten that widespread acceptance is an important feature of money. In fact, it is estimated that more than 90% of Bitcoin’s value depends on the number of users.

While the adoption of fiat is mandated by the state, the adoption of cryptography is purely voluntary. Many factors go into the decision to accept a coin, but perhaps the most important consideration is the likelihood that others will accept the coin.

Security

Decentralization is essential to the I push model for true cryptocurrency. Without decentralization, we are a bit closer to a Ponzi scheme than a true cryptocurrency. The problem that cryptocurrency tries to solve is trust in people or institutions.

If the dismantling of a coin or a central controller can change the transaction record, it calls into question its basic security. The same goes for parts with untested code that haven’t been thoroughly tested for years. The more you can count on the code to work as described, regardless of human influence, the more secure the coin.

Innovation

Real coins strive to improve their technology, but not at the expense of security. True technological progress is rare because it requires a lot of knowledge as well as wisdom. ​​​​​​While there are always fresh ideas to screw up, if it creates vulnerabilities or criticisms of the coin’s original purpose, it doesn’t make sense.

Innovation can be a difficult factor to assess, especially for non-technical users. However, if the currency code has stagnated or is not receiving updates related to important issues, it can be a sign that the developers are lacking ideas or motivation.

Incentives

The economic incentives inherent in currency are easier for the average person to understand. If a coin has had a large pre-mining or ICO (initial part offering), the team owns a significant share of the chips, then it is quite obvious that the main motivation is profit. By buying what the team has to offer, you play your game and enrich it. Remember to provide tangible and reliable value in return.

5 cryptocurrencies to buy in 2018

There has never been a better time to reevaluate and rebalance your crypto portfolio. Based on their solid foundation, here are five pieces that I think are worth sticking with, or perhaps buying at their current depressed prices (which, just a warning, could go lower).

#1. Bitcoin (because of its decentralization)

Number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the widest speculation, the most security (due to the phenomenal energy consumption of Bitcoin mining), the most recognizable brand identity (forks have tried to match) and the most development in an active and rational manner. It is also the only part to date that is represented in traditional markets in the form of Bitcoin futures traded on the US CME and CBOE.

Bitcoin remains the main engine; The performance of all other parts is highly correlated with the performance of Bitcoin. I personally expect the gap between Bitcoin and most if not all other parts to widen.

Bitcoin has several promising innovations in the pipeline that will soon be installed as additional layers or soft forks. Examples are the Flash (LN) system, wood, Schnorr Mimblewimbleund signatures, and more.

In particular, we plan to open up a new range of applications for Bitcoin as it enables large-scale microtransactions and instant and secure payouts. LN is becoming more stable as users try out its various features with real bitcoins. As it becomes easier to use, it can be assumed that the adoption of Bitcoin will bring great benefits.

#2. Litecoin (because of its persistence)

Litecoin (LTC) is a Bitcoin clone with a different hashing algorithm. Although Litecoin no longer has Bitcoin’s anonymity technology, surprising reports have revealed that Litecoin’s dark market adoption is now second only to Bitcoin. Although the currency I have is much more suited to the role of purchasing illegal goods and services, perhaps this is a result of Litecoin’s longevity: it was launched in late 2011.

Another factor in Litecoin’s favor is that it integrates Bitcoin’s SegWit technology, which means that Litecoin is ready for LN. Litecoin can benefit from the exchange of atomic chains. In other words, secure peer-to-peer trading of currencies without the involvement of third parties (such as exchanges). Because Litecoin keeps its code largely in sync with Bitcoin, it can benefit from Bitcoin’s technological progress.

#3. Ethereum (because of smart contracts)

Ethereum (ETH) is in serious trouble at the moment. First of all, governments crack down on ICOs, and rightly so: many have turned out to be either scams or bankrupt. Since most icos run on the Ethereum network as an ERC 20 token, the ICO mania has benefited Ethereum greatly in recent years. If proper regulations are put in place to protect investors, Ethereum project scams can claim some legitimacy as a fundraising platform.

The second major problem that Ethereum faces is the delay in the transition to the new hybrid work and battery detection system. GPU mining Ethereum is currently profitable, but Bitmain has just announced a mining ASIC for Ethereum that will likely affect the bottom lines of GPU miners. It remains to be seen whether this will change for POWs and how successful those changes will be.

If Ethereum can survive these two major challenges – regulation and mining – it will demonstrate great resilience. Otherwise, there are several competing currencies that follow its shadow, such as Ethereum Classic (etc.), Cardano (ADA), and EOS.

#4. Monero (because of its anonymity)

While its adoption in the dark markets is not all that one might have hoped for, I (XMR) remain a private PM. Its reputation and market capitalization are still higher than those of its competitors – and for good reason.

Monero’s code requires less confidence that Zcash is a “loyal” keying ceremony and had a fair start, unlike Dash. The fact that Monero recently changed its Pow to defeat the development of a small ASIC for its algorithm confirms its commitment to the decentralization part of mining. The significant drop in hashing speed is due to the new version being constantly reported against the ASIC. This could also be an opportunity for GPUs and even smaller processors to reach out to me. The new version of Monero, 0.12, also includes other improvements that show that Monero continues to develop along tangible lines.

#5. iPRONTO (decentralized incubation platform)

iPRONTO is a network of Ethereum incubation platforms dedicated to investors who are looking for a safe and reliable platform to invest in new ideas and future innovators who can present their ideas and get feedback from users, experts in the field on the practice and implementation of derivative ideas.

Innovators’ ideas are supported as the NES in Smart Contract format will be signed between the expert platform and the client when the client’s business idea is submitted to the Committee for examination and registration on the platform. The idea will not be published to all users on the network’s public platform, but only to selected members of the target community who are willing to sign a smart contract to keep the idea private.

5 tips and tricks you need to know to become a successful crypto trader

If you are going to invest in cryptocurrency for the first time, we recommend that you get at least a basic understanding of the industry. In this article, we are going to give you 5 tips and tricks to help you become a better investor. Keeping these tips in mind will make it easier for you to succeed as a beginner.

1. Look for reputable news sources

You will find different opinions about the cryptocurrency world. According to some people, crypto is nothing more than a fad, while others believe that it is a great investment, especially if you want to invest your money for the long term.

If you are sure that you can profit from Crypto, you should follow reliable sources and not listen to unbelievers. To succeed as an investor, you should consider some facts and then proceed to invest wisely.

2. Be prepared for volatility

Unlike conventional currencies, cryptocurrency is not as stable. A few months ago, the value of one of the most popular cryptocurrencies called Bitcoin was around $40,000. But now it’s down to $30,000. So what you need to do is to make a smart decision. If you get greedy, you can suffer big losses.

Even if you ask expert crypto traders, they will say that even they do not master this art. So, you need to be careful when it comes to investing in crypto as cryptocurrencies are quite volatile.

3. Consider other altcoins

When it comes to cryptocurrency, you are not limited to Bitcoin. Therefore, it is not a good idea to put all your eggs in one basket. In other words, you should invest your money in other types of cryptocurrency as well.

So what you need to do is do your homework and find out which ones perform well. In other words, you should choose the top 5 cryptocurrencies and invest your money in them.

4. Learn about hot and cold wallets

​Although crypto is a digital currency, you can still store them online in your hot wallets. But if you are just starting out, you can go for offline wallets as they are very useful and versatile.

On the other hand, it is true that cold wallets provide protection against hackers. So, if you want to diversify your assets, we suggest you check out both hot and cold wallets.

5. Be vigilant

Although cryptocurrencies have higher security standards than conventional currencies, we encourage you to take precautions. So what you need to do is to be careful when it comes to investing a large amount of money in this type of digital currency.

You should learn about the different methods of processing your transactions and learn how you can effectively manage your cryptocurrency in a responsible manner.

Conclusion

In short, you can follow these 5 tips and tricks if you want to succeed as a cryptocurrency trader or investor.

Why should you trade cryptocurrency?

The modern concept of cryptocurrency is becoming very popular among traders. The revolutionary concept introduced to the world by Satoshi Nakamoto as a spin-off was a hit. We understand that cryptocurrency is something hidden and currency is a medium of exchange. It is a form of currency used in a created and stored block chain. This is done using encryption techniques to control the creation and validation of the transaction currency. Bitcoin was the first cryptocurrency to emerge.

Cryptocurrency is just part of the virtual database process that works in the virtual world. It is impossible to determine the identity of a real person here. Additionally, there is no centralized authority that governs cryptocurrency trading. This currency is equivalent to solid gold, saved by people and whose value is expected to grow like yeast. The electronic system established by Satoshi is decentralized, where only miners have the right to make changes by confirming the initiated transactions. They are the only providers of human touch in the system.

Cryptocurrency counterfeiting is impossible, as the entire system is based on hard mathematical and cryptographic puzzles. Only those people who are able to solve these puzzles can make changes to the database, which is almost impossible. Once confirmed, the transaction becomes part of the database or block chain that cannot be reversed.

Cryptocurrency is nothing but digital money that is created using coding techniques. It is based on a peer-to-peer management system. Let’s now find out how you can benefit from trading in this market.

Cannot be canceled or tampered with: Although many people may deny that the transactions made are irreversible, but the best thing about cryptocurrencies is that the transaction is confirmed. The new block is added to the block chain and then the transaction cannot be faked. You become the owner of this block.

Online transactions: This not only makes it suitable for anyone anywhere in the world to transact, but also reduces the speed of transaction processing. Compared to real time where you need third parties to buy a house, gold or take out a loan, you only need a computer and a potential buyer or seller in the case of cryptocurrency. This concept is simple, fast and full of ROI prospects.

The commission is low per transaction: Miners charge low or no commission during transactions because the network takes care of it.

Availability: The concept is so practical that all those people who have access to smartphones and laptops can access and trade the cryptocurrency market anytime, anywhere. This accessibility makes it even more profitable. As the return on investment is commendable, many countries like Kenya have introduced the M-Pesa system which allows the use of bit coins, which now allows one in three Kenyans to carry a bit coin wallet.

Should you invest in Bitcoin?

If you are wondering what Bitcoin is and whether it is worth investing in, then this article is for you. In 2010, the value of one bitcoin was only 5 cents. In 2017, its value reached $20,000. The price fell back to $8,000 in the next 24 hours, causing huge losses to currency holders.

If you’ve been trying to learn more about Bitcoin, this read may help you. According to statistics, about 24% of Americans know what it is. However, the currency is still worth more than $152 billion. This is one of the most common reasons for the popularity of this item. Let’s find out what it is and whether it is worth investing in.

What is Bitcoin?

In simple words, Bitcoin is one of the digital currencies. Digital currency is known as cryptocurrency. The term was coined by Anonymous during the 2008 financial crisis.

A digital currency account is similar to your checking account, which you can view online. In other words, it’s a digital currency that you can look at, but you can’t touch. In the case of Bitcoin, you also have no physical representation. All money exists only in digital form. There is no one to regulate this kind of currency. In the same way, the network is not controlled by any organization and tokens are exchanged between people through a complex software system. Instead, everything is decentralized and managed by a network of computers.

It is important to note that you cannot use these tokens to pay for anything you want to buy. In fact, you can only use it to shop at certain retailers or online stores. But it can be sold for traditional currency or money. However, more and more companies are starting to accept Bitcoin and other cryptocurrencies. For example, Expedia and Over-stock accept it from users. One of the main features of this type of money is that the transaction is completely private and untraceable. This is one of the many reasons why most people prefer this digital form of money.

Should you invest in Bitcoin?

Remember: Before you choose to invest in Bitcoin or any other digital currency, make sure you understand the risks involved in this system. Volatility is one of the main risks. This means that the value of your money can fluctuate significantly within 24 hours. In fact, the rise or fall in value can be up to 30%. Another problem is that most digital currencies that can be seen today will lose their value within 5 years according to most experts.

To be on the safe side, we recommend that you only invest what you can afford to lose. For example, if you have $1,000, you can invest $10. And if you lose this amount, it will not create financial problems for you.

Hopefully, you now know what Bitcoin is and whether you should invest your hard-earned money in it. Remember: you should not invest a lot of money, otherwise you can get into serious financial problems.

What is Bitcoin?

Over time, Bitcoins have become a very well-known and popular form of currency. However, what is Bitcoin? The following article will examine the pros and cons of this currency that came out of nowhere and spread like wildfire. How is it different from regular currencies?

Bitcoin is a digital currency, it is not printed and never will be. They are conducted electronically, and this is also not controlled by anyone. They are produced by people and businesses, creating the first ever form of money known as cryptocurrency. While conventional currencies can be seen in the real world, Bitcoin works through billions of computers around the world. From Bitcoin in the United States to Bitcoin in India, it has become a global currency. However, the biggest difference from other currencies is that it is decentralized. This means that no specific company or bank owns it.

Who created it?

Satoshi Nakamoto, a software developer, suggested and created Bitcoin. He saw this as a chance to have a new currency on the market free from central authority.

Who is printing this?

As mentioned earlier, the simple answer is no one. Bitcoin is not a printed currency, it is a digital currency. You can even transact online using bitcoins. So you can’t produce unlimited bitcoins? Not at all, bitcoin is designed to never “mine” more than 21 million bitcoins in the world at once. Although they can be broken down into smaller amounts. The hundred millionth part of a bitcoin is called a “satoshi” in honor of its creator.

What is Bitcoin based on?

Bitcoin is mainly based on gold and silver for normal use. However, the truth is that Bitcoin is actually based on pure mathematics. It also has nothing to hide as it is open source. So anyone can look at it to see if it works as they claim.

What are the characteristics of Bitcoin?

1. As mentioned earlier, it is decentralized. It is not owned by any particular company or bank. Each Bitcoin mining software makes up a network and they work together. The theory was, and it worked, that if one network goes down, the money still flows.

2. Easy to set up. You can create a Bitcoin account in seconds, unlike the big banks.

3. It’s anonymous, at least in that your bitcoin addresses are not linked to any personal information.

4. It’s completely transparent, all transactions using Bitcoin are shown on a big chart known as the blockchain, but no one knows it’s you because there are no names associated with it.

5. Transaction fees are negligible and compared to bank fees, the infrequent and small fees charged by Bitcoin are close to zero. It’s fast, very fast. Wherever you send the money too, it usually arrives within minutes of processing.g. It is non-disputable, meaning that once you send your bitcoins, they are gone forever.

Bitcoin has significantly changed the world and the way we view money. Many people wonder if it is possible to live off Bitcoins. Some even tried to do it. Despite this, Bitcoin is now part of our economy, a unique kind of currency, and it’s not going away anytime soon.

Infliv Exchange is a game changer

Infliv aims to give all crypto traders more commission-free profits. It is the first full-fledged exchange that supports multiple cryptocurrencies/tokens on a single platform.

Infliv is a company name that means information is alive = INFLIV. Cryptocurrency and blockchain is the demand and requirement of modern times, infliv crypto exchange platform provides a convenient platform for new traders. is a cryptocurrency exchange that allows users to trade multiple cryptocurrencies against BTC, ETH, USDT and its own IFV token.

We aim to provide a fast and secure trading experience for our clients in BTC, ETH, USDT and IFV trading options. Infliv prioritizes the security of user funds and information by requiring users to enable 2FA using Google Authenticator or a U2F security key. To protect the safety of the funds, most of the system funds are kept in cold wallets and only approx. 0.5% of crypto assets are available in hot wallets for everyday platform operations.

Feature deployment

We will deploy the platform in roughly the following order

  • Spot trade

  • Margin trading

  • Futures

  • Anonymous instant exchange

Infliv will support trading pairs in the following coins

  • BTC

  • ETH

  • USDT

  • BMP

All traders want minimal crypto trading fees, so we don’t have any trading fees. Infliv is the world’s first subscription-based (subscription) cryptocurrency exchange where you can trade unlimited with minimal monthly payments and earn monthly profits from your Infliv Token shares.

Infliv is a world-class digital currency (cryptocurrency) exchange, Infliv is the world’s only Initial Coin Offering (ICO) cryptocurrency exchange that allows you to trade with a monthly subscription, you don’t have to pay for every trade on the Infliv exchange. , In the global digital currency revolution. Infliv aims to give all crypto traders more commission-free profits. It is the first full-fledged exchange that supports multiple cryptocurrencies/tokens on a single platform.

Problems and solutions

Problems

Trading fees are mostly a small percentage or a fraction of a percentage, so most people don’t care about them. But if you are a professional trader – or want to become one – then over time you pay too much money in fees.

Decisions

To avoid this, INFLIV introduces the world’s first subscription (membership) cryptocurrency trading platform that still allows you to trade for a whole month without a TRADING PAYMENT. Monthly subscription only is 0.02 ETH. Use IFV token to pay, enjoy 50% discount on subscription fee.

Token distribution details

The Infliv (IFV) token is created with an ERC20 token based on the Ethereum blockchain technology. This technology provides scalability and security for users. Token holders will be granted exclusive benefits such as profits. Infliv token holders earn 60% of the Token Ratio income from the total monthly subscription fee received on the Infliv exchange, and also pay the monthly subscription fee using the infliv token and receive a 50% discount on the fee. Infliv (IFV) supports all Ethereum wallets.

Why buy Infliv Token?

Infliv represents a solid investment opportunity for investors looking to get rich over a period of time. This is not a get-rich-quick scheme or an opportunity to make money overnight. Investors who buy tokens and hold them for the long term will achieve exceptional results and returns on their investments.

  • An experienced management team with experience in managing a successful company.

  • All traders want minimal trading fees. We do not have any trading fees.

  • Infliv presents the world’s first subscription-based (membership) cryptocurrency exchange.

  • Token holders will be granted exclusive benefits such as profits. Infliv token holders earn 60% of the Token Ratio income from the total monthly subscription fee received on the Infliv exchange and pay the monthly subscription fee using the infliv token and receive a 50% discount on the fee.

  • In the future (2019), Infliv will build a decentralized exchange where IFV will be used as one of the key underlying assets as well as gas to be consumed.

  • 24 hour customer support. We saw that cryptocurrency is the currency of the future and blockchain is the new discovery of this century, so we provide a fast and safe trading experience for our customers in BTC, ETH, USDT and IFV trading options, Infliv prioritizes the safety of funds and user information by requiring users to enable 2FA using Google Authenticator or U2F security key. To protect the safety of the funds, most of the system funds are kept in cold wallets and only approx. 0.5% of crypto assets are available in hot wallets for everyday platform operations.

How to get free bitcoin

Everyone is in a different situation. One shoe cannot fit all. So we are going to talk about different ways to get free bitcoins. You might be wondering if it is possible to get free bitcoins. You can. In this article, we will talk about 6 ways to achieve this goal. Let’s talk about them.

  1. Get paid in Bitcoin

  2. Affiliate programs

  3. Extraction of minerals

  4. games

  5. Mixers

  6. Gambling and fraud

Giving in to fraudsters

Don’t fall for the scam or you will lose all your money. So if you avoid scams, you can use any other way to make money. You cannot earn digital currency with these scams. For example, if an offer asks you to pay a certain amount and you have no idea what you will get in return, know that it is a scam.

Since cryptocurrencies are quite expensive, you should not take risks and fall for a scam. After all, you don’t want to lose your hard-earned money in a second.

Bitcoin games

There are some games that will pay you a small amount of this digital currency if you play it for a while. Typically, these games have a lot of ads.

All you have to do is keep playing the game and watch the ads. This way, developers can earn through advertising and pay you a portion of their earnings.

If you don’t mind watching ads, you can play these games and earn some digital money.

Extraction of minerals

A couple of years ago, you could earn tons of bitcoins through mining. Nowadays it has become much more difficult. Today, the market is dominated by big guns that have special mining equipment.

If you want to mine currency, we suggest you invest in a lot of powerful equipment. You can’t just use your computer for this purpose.

Use affiliate programs

In my opinion, this is the easiest way to earn free bitcoins. It is worth it. Affiliate programs work in all industries, and cryptocurrency is no exception. For example, you can invite a friend to get a discount or get money in Bitcoins.

Get paid in Bitcoins

It’s actually not 100% free. However, it could technically be called “free”. Again, this is like a game reward. You can do this in a number of ways. For example, you can ask for Bitcoin donations on your website. You can work with someone who pays in digital currency. You can also ask your employers to release your salary in digital currency. This is possible if your employers already pay in cryptocurrency.

If you really hope that Bitcoin will go up in value, we suggest you pay cash to buy it. To date, this is the safest method. But if this is not possible for you, then you can choose any of the above methods. Hopefully one or two methods will work for you.

How to earn bitcoins online

Fast forward to 2018 and Bitcoin is on top of the mountain. The bad days seem to be over, and while the Bitcoin bubble could happen at any time, there is no disputing that the cryptocurrency is here to stay. The sooner you start making money with Bitcoin, the better ground you will have in 5 years, when it will become a well-known currency around the world.

And if the Bubble scares you, investing in Bitcoin is just one option, but not the only one. Bubble or not, you can still make a ton of money from Bitcoin. Bubble or not, the value is going to grow in the future because people are just getting into it.

Make your own Bitcoin faucet

Earning potential: $50 to $800 per month.

A bitcoin faucet is a project where you create a website or application for users to visit. You monetize your site with ads that pay in bitcoins. The ad pays a small amount of bitcoins for each page view, click, or conversion.

To encourage a large number of visitors to continue daily and hourly navigation on the site, you offer to share the advertising revenue with them by paying them in satoshis, which are basically bitcoin cents. In order to win, the user must earn a certain amount of satoshi, and payouts are made weekly.

Faucets pay between 100,000 and 400,000 satoshi per hour. Some offer bonuses based on seniority or performance.

The faucets started working with the help of captcha solving, and nothing else. A very boring task of passive income. When users kill aliens, feed creatures, or kill robots to earn satoshis, new in-game faucets appear. The more they advance in the game, the more they earn. So this is a great idea for your own faucet.

The day is not far off when every video game player will be paid to play.

Be aware that Bitcoin faucets tend to default due to insufficient funding or liquidity. Faucet owners are not getting paid fast enough to pay their rapidly growing user base. They also tend to be hot targets for hackers.

Earn passive income from your bitcoin blog

Since Bitcoin is so new compared to other targeted content, there is a lot of room for new bloggers and sites. New Bitcoin-related businesses are popping up every day; anything from bitcoin exchanges, trading, play money sites, faucets, online shopping and mining are avidly suitable for your advertising space.

Bitcoin blogging and monetization can be slow at first, but consistently posting rich content will attract some advertisers after at least 9 months.

You can join some affiliate programs or create your own bitcoin store. Bitcoin faucets, wallets and exchanges pay large referral commissions.

Small earnings on bitcoin faucets

My first tip involved building my own faucet. If it’s too difficult, try to join it and take advantage of it. Instead of making around $800 a month, it would be more like $30-100 a month from a monotonous task, but it’s still money and the first step to building your bank.

Note that Bitcoin faucets tend to be faulty and disappear very quickly. So be sure to join reputable sites like Robotcoin.com and BitcoinAlien.com. It’s also fun because you can play games while earning money, I recommend robotain the most.

Create an online store for a Bitcoin product or service

Bitcoin is still difficult to monetize in USD and other hard currencies. Not that it’s very difficult, but the process involves some fees and taxes. Although it is still one of the cheapest ways to send money anywhere in the world.

Buying things with bitcoins is a great way to turn them into something useful and helps you avoid exchange fees and taxes. Especially if you can later resell these goods and turn them into cash.

Selling goods paid for with Bitcoin at low prices or in bulk are great business opportunities. All you need is a Bitcoin merchant for your Shopify or WooCommerce store, such as BitPay.com. Shopify already ships with BitPay.

Cryptocurrency Bitcoin – Understanding the Basics

It has been more than a decade since cryptocurrency began to excite people on social media and especially on the Internet. To date, Bitcoin has managed to become one of the best cryptocurrencies, no one knows about the exact origin of the currency, but it appeared in mid-2008 in connection with the Japanese pseudonym “Satoshi Nakamoto”.

So, what is the bitcoin currency and why has it been able to hold its place in the financial markets. Well, the reasons listed below can give you an idea of ​​its popularity and proof of its continued safe existence in the future.

  • Bitcoin is the first decentralized digital currency.

  • Bitcoin is an independent free-floating currency that is not owned by any government or tied to any other currency because its value is influenced by the economic indicators that determine the value of traditional currencies.

  • Due to its growing popularity among the masses, it now enjoys an increased level of acceptance at all levels, for example, you can now buy things with Bitcoin cryptocurrency directly and also trade it on various platforms such as CoinBase, Bitfinex, Bitstamp, Kraken, etc. .

  • All you need is a wallet and an internet connection to make a peer-to-peer bitcoin transfer.

  • In most cases, translations are instant.

  • The convenience of making transactions via the Internet or mobile phone in a couple of clicks.

  • Your privacy is safe compared to other online payment methods where your vital information can be leaked and misused.

  • When transferring money using conventional methods, you must pay fees based on the volume of transactions and, in addition, these transfers are subject to your regional and state regulations. While Bitcoin cryptocurrency transactions do not require you to be tied to any government regulations, and furthermore, you are not charged high transaction fees.

  • Since you are the only one who has access to your e-wallet, your coins are always safe with you and no one can steal your money. The process and transactions are transparent due to the shared public ledger and anyone can verify the transaction at any time from anywhere in the world via the internet.

  • Another advantage of a Bitcoin cryptocurrency wallet is that your account cannot be frozen.

Given the growing popularity and acceptance of the Bitcoin cryptocurrency, we can safely assume that the future of Bitcoin is not only secure, but quite bright, and this innovative payment method is here to stay.