HOW TO GET PROFIT FROM BITCOIN
Read This If you want to earn profit by Bitcoin!
Bitcoin is the first implementation of a concept called "crypto-currency", suggesting the idea of a new form of money and, apparently, very promising!
Bitcoin (or BTC) grew 100% in 2016 and 700% in 2017 (from $ 900 to $ 7,800). And many times, when you hear about the prospects of this super cryptocurrency, you keep asking yourself, "How do you make money on Bitcoin?" or rather "How can I take advantage of the popularity of Bitcoin?" and other cryptocurrencies.
How To Get Profit On Bitcoin:
There are generally two methods for this which is given below:
1- Mining
2- Trading
Mining:
Using your own computer and certain software you can get parts of bitcoin as a reward for the effort made by your computer to calculate various complex mathematical operations. The complexity of mathematical operations is growing rapidly, and the amount of coins is limited, so Bitcoin mining is no longer so profitable at the moment.
Trading:
Speculating on the dynamics of the stock market price - we buy at a low value and sell them after a certain time at a higher value. When the price goes down again, we buy again, but we can already take more bitcoins to increase the profit in progress. Due to the popularity, prospects, and a limited number of currencies, the general trend of Bitcoin is positive. And in the short periods of time when the price drops and those who hold Bitcoin lose, ATTENTION, through a specific stock exchange trading account we can also take advantage of the price drop!
Dynamics & Possibilities on Bitcoin in 2022:
Online/physical stock exchange or wallet account?
We can talk a lot here, but we will try to emphasize only the essentials.
There are websites where we can just buy Bitcoin and keep the idea that it will increase its value, but many sites are fake or close over time with money. There have been many sites attacked by hackers. Transferring money on these sites is not very easy and it is expensive, approx. 5-7% for food, and withdrawals with 10-11%, so you give a profit of 15% on commissions.
The activity through the stock exchange account is ensured by the regulator of the brokerage company and by the compensation fund in case of insolvency. Refunds/withdrawals can even be free, but there is a commission on trading (as in foreign exchange). Trading is simpler, some procedures can even be scheduled in the future and can be profitable even when quotes fall.
The Safest & Most Profitable Method:
So, one of the nice things about trading is that you can take advantage of the increase and decrease in the price of Bitcoin!
There are traders who can recognize patterns in price charts and use them to profitably exit the market. As you can see in the picture above, just a few transactions a year or a month are enough to take advantage of the great evolution of Bitcoin.
The functionality of the work platform is quite simple and you can learn it in just a few lessons.
And to start trading, you need a listed account. Here are the steps:
- Register Personal Cabinet - free
- Open a Stock Account - Free
- Refill your account - with any amount you want
- Trade - for a service fee
- Increase capital and Withdraw funds - any amounts held
How to Open a Real Bitcoin Account?
Bitcoin Account
Bitcoin trading account gives you the opportunity to speculate on the rise and fall of the Bitcoin price. Through the trading platform, you have access to PRICE CHART (charts) where you can analyze the price direction and open orders in the bitcoin account you manage.
For more information just click here
About the Creator
Muhammad Owais
A professional SEO expert, affiliate marketer, and freelance service provider.
Having an affiliate website
Comments
There are no comments for this story
Be the first to respond and start the conversation.