Is your current employer not paying you enough? Are you looking to make extra money? Then Bitcoin is the way to go. But the thing is, how to make money through Bitcoin? There is a common misconception among the general public that the only way to make money through bitcoins is either investing in “all-digital currency” or mining. While in reality, there are several other methods that can be used to generate money through bitcoins. Let’s take a look at some of the best ways to do so.
Bitcoin faucets are one of the top ways to generate money. You can make around $100 to over $800 using Bitcoin faucets per month.
What happens in Bitcoin faucets is that you pay out a small Bitcoin amount to your users but gain much more in return by posting ads on your site.
Learn more about how to make money with Bitcoin faucets here.
Setting Up Your Own Bitcoin Information Website:
This method is often overlooked. Mainly due to the time period it takes to set up a website. Most people aren’t aware of the importance of setting up a “Bitcoin information website”. Having a personal website that explains the basics of Bitcoin to new users can be extremely rewarding.
The primary way to make money through a website is ads. The more traffic you attract, the more advertisement your website will grab, hence more income.
There are several websites that pay their users for completing simple tasks. However, it requires a bit of your time.
As the best way to earn from a website is interacting with ads, most site owners pay their users to visit those ads and complete certain tasks, such as:
- Clicking ads
- Feeding aliens
- Killing animals
- Watching videos
Warning: Some websites may infect your system with malware or viruses. Make sure you have a reliable antivirus product protecting you from these threats.
Make Cash Through Writing:
The internet is filled with numerous websites, forums, and blogs. These platforms often pay their users to promote the services/products they provide. All you have to do is to make some blog posts or write promotional articles for them. Some will pay you in cash, others in bitcoins. Both methods are great to generate extra cash.
Pro Tip: Gear up your English skills as most writing opportunities are in English.
Sell Your Products And Services:
Another easiest way to get Bitcoin is selling your products/services. Bitcoin is also a form of currency and you can grow your account by accepting the payment in bitcoins. There are several websites that accept Bitcoin as a form of payment. Overstock.com is one of the leading names to do so.
Investing In Bitcoin:
The last point of our list of how to make money with Bitcoin is taking a dive into Bitcoin investment. Investing in Bitcoin is one of the safest options as they are always growing in value. Back in November, bitcoins were selling for around $250. As of now, their value has jumped up to $500. Almost doubled their value!