6 Practical Ways to Make Money with Bitcoin in 2021

by Owen Oliver guest post and content writing

Bitcoin (BTC) is set to return to 12 in 2021. We're sure everyone here has heard it, at least so far. As our favorite digital currency continues to mature over time, so do the opportunities to make money. More people are thinking about how to invest and make money with Bitcoin, and sometimes we understand that it can be difficult to keep up.

To make things a little easier for you, we've compiled a list of 6 ways to turn 2021 into a Bitcoin-filled year.

 

1. Buying and holding

Buying and holding Bitcoin is the answer to the centuries-old question "How to Invest in Bitcoin and How to Make Money.". HODLing, the other term for buying and holding, is one of the simplest and most novice-friendly trading strategies. First, buy a Bitcoin wallet, buy BTC, and then hope that the price of Bitcoin will rise in the future, no matter how long it takes. It could take weeks, months, or even years for you to decide to sell.

That's why the term HODL was invented. It started as a typo in a forum, then became a full-time trading strategy. It also means Holding on to Dear Life - so it's important to look at how Bitcoin is valuable and get out of there.

 

2. Taking advantage of affiliate marketing

This type of marketing encourages existing users to bring their friends and family into the business as well. You see such incentives all over the market, but they are different from each other - so carefully examine each one and choose which program you want to invest your time in.

We have our own affiliate program on Paxful. It is one of the best on the market as it gives users the best opportunity to monetize from Bitcoin. Investigate and see if you've come down to try it out.

 

3. Accepting Bitcoin as a payment

As we continue to mature, we are starting to see more businesses accepting Bitcoin as a payment for their goods and services. If you already run a business, why not consider buying BTC as PAYMENT?

It will expand your global reach, secure payments, and speed up the entire payment process. The best part is that it's very easy to start accepting Bitcoin. If you run a physical business, it's important to put up a small sign next to your storefront and cash register. If your business is online, you can put a banner on your homepage or use a payment agent like Pay with Paxful to fully integrate it into your website. At these points, customers can send money directly to your Bitcoin wallet.

When you start rake BTC payments, you can use these funds for investment and who knows? It could grow in the future.

 

4. Using Bitcoin taps

Are you one of those people who like to look at ads and answer surveys? Wow... Are you really, really? All right, all right, then!  Why not browse a Bitcoin Faucet?

Bitcoin Taps are essentially award-winning systems that give BTC factions to those who complete normal tasks, such as watching ads or answering surveys. Some even come in the form of mini-games!

 

5. Getting a tip on Bitcoin

One of the most satisfying things in this world is to help other people, and if you get some money for it, even better!

One of the most remarkable platforms to do this is Bitfortip, which gives BTC an incentive to help people with various tasks. These tasks range from helping people find dresses online to giving informed technical answers to questions.

Also, if you are a player who likes to publish your favorite video games, why not accept tips from BTC? Twitch and other streaming platforms have integrated crypto tipping services, so don't forget to check them out!

 

6. Microjobs and Pay to Click (PTC) websites

If you watch an ad or click on a link to a specific page that contains ads, several websites will pay you in Bitcoin. Remember, making significant money is still a very difficult job and a boring business. If you are immune to it, these sites are the perfect way to make a quick buck. Coinpayu and adBTC are good sites to check if you want to make money with cryptocurrency.

Similarly, Microworkers and Cloudfactory are sites that pay you a small fee to complete very simple tasks, such as watching a YouTube video or completing someone's survey. These sites have Bitcoin counterparts such as Bitcoin get and Cointasker, where members can choose thousands of missions to complete to earn Bitcoin.

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Created on Apr 5th 2021 00:11. Viewed 266 times.

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