7 simple methods to earn bitcoins today 2019 _ Ways to Make Bitcoins Yourself

7 simple methods to earn bitcoins today 2019

You hear and read about how people with Bitcoins make money, pay and invest in cryptocurrencies.  For the majority of the population, however, cryptocurrencies are still abstract rather than real.

Taking your own, saved money for cryptocurrencies, especially larger sums of money, is a psychologically daring move for newcomers to the field.

That's why in this article we show how to generate and earn money with Bitcoins & Co., even with little or no investment.

The Bitcoin price is rising and rising - and with the interest in Bitcoin.  But the more expensive it becomes.  Because a Bitcoin now costs much more than a troy ounce of gold.  We show 7 ways Bitcoins can be earned.

Earn Bitcoin: 7 Ways to Make Bitcoins Yourself

Earn bitcoins

The following 7 ways to earn Bitcoins.  Some already require bitcoins to earn more bitcoins.

1. Get free bitcoins via Bitcoin Faucets

On some platforms, real bitcoins are promised - for free - they just have to be collected.

Bitcoin Faucets provide a small amount of bitcoins every few seconds, which must then be collected.

 But why are Bitcoins given away?

Quite simply: The platforms are of course not charitable associations, the poor Internet users donate money.  Many customers are attracted by their promise to earn free bitcoins.

The main goal of this platform is to generate as many customers as possible - and thus traffic - on their platforms.  The platforms are then loaded with banners that finance these platforms.  The more customers want to collect free bitcoins, the more advertising revenue is generated.

Another goal is to keep the Bitcoin collector on the platform for as long as possible and to display as many pages as possible with different offers.

We've tried some Bitcoin Faucets and some promise more than they think, but there are also platforms that pay off reliably.  Especially good and liked Moon Bitcoin.  This platform paid off all Satoshi (smallest Bitcoin unit) reliably for several weeks, so that we got several 10,000 Satoshi together in a few weeks.

2. Earn bitcoins for its services

Similar to Bitcoin Faucets, micro jobs can be used to earn first bitcoins without any effort.  Small tasks have to be done against a certain Bitcoin payment.

At CoinWorker, bitcoins can be earned by solving analytical tasks.  For this a user account is necessary.

On Ads4BTC, bitcoins can be earned by watching ads and visiting websites.  Depending on how long an advertisement is displayed, the more Bitcoins can be collected.  For a 20 second advertisement there are currently 50 Satoshi (= 0.00000050 BTC).  A 10 second advertisement gives 32 Satoshi (0.00000032 BTC), a 5 second advertisement still 20 Satoshi (0.00000020 BTC).

3.Bitcoin mining

Mining is the process of generating new bitcoins or altcoins.  The analogy of mining is used because of its similarity to gold mining.  However, it does not dug in the earth, but solves mathematical problems with computers.  In principle, every computer is suitable for bitcoin mining - even small self-built Raspberry Pi are used for bitcoin mining, but even the home PC can mine bitcoins.

However, due to the complexity of the mathematical problems, it is now very difficult to mine even bitcoins.  In particular, the high electricity price in Germany makes the profitable mining of bitcoins almost impossible.  But if you want to mine Bitcoin for fun, you should do so in a mining pool.  Because here the scrapped coins are distributed in percent to all participants, but the chance is much greater to even receive some bitcoins.  MinerGate provides software that can be started in a few minutes with Bitcoin Mining.

Another way to earn mining bitcoins is cloud mining.  The principle is very simple: instead of purchasing and operating mining equipment, the computing capacity is either rented in the cloud or sometimes even purchased.  The cloud providers provide the infrastructure for this purpose and then operate the miners.  For a lease, the operation is usually included directly, should computing capacity to be purchased, get the cloud providers a portion of the newly earned Bitcoins.  Thus no own hardware must be procured and operated.

4.Trading with cryptocurrencies

Attention: This opportunity to earn bitcoins carries high risks and is only suitable for experienced traders!  In addition, bitcoins are already needed for the investment.

Trading with bitcoins carries high risks, but just as high a chance.  Trading is not comparable to normal gambling.  Because with good investment strategies, domain knowledge or trading bots can earn a lot of money.  Particularly worth mentioning are three trading strategies:

With arbitrage trading, the currency difference between different crypto currencies but also between different trading venues can be exploited.

Example: On the A trading floor, the Bitcoin Euro price is cheaper than on the B trading center. Then it pays off to buy Bitcoins on the A trading floor, transfer the Bitcoins to the B trading center and exchange them again for the Euro, which will eventually be redeemed  can be exchanged in trading center A for Bitcoins.  However, it is also important to include the transaction fee and the trading venue fees in the calculation.

Trading bots allow certain trading strategies to run automatically.  This means that the bot automatically buys and sells bitcoins when a particular programmed signal is detected.  There are now many trading bots that can be bought or rented.  However, many of them are fraud bots that do not generate real profits.  Again, a lot of know-how is important.

5. Lombard credit

The Cyoniex and Bitfinex cryptographic exchanges can provide digital capital for margin trading.  With this type of credit, your own digital coins can be lent for a short period of time.  This is a form of securities lending, in which a loan for the pre-financing of the loan transactions (margin trading) is given.  This means that traders can borrow on the cryptocurrency exchanges that want to gamble with margin trading on digital currencies.  Thus, it is possible by way of example to be able to act with a total of ten Bitcoins using five bitcoins (security performance).  This means that the remaining five bitcoins are borrowed from other Bitcoin owners.  Thus, the very speculative trade in levers is possible.

However, as with many lending transactions, the money is not typically provided by banks or credit institutions, but by users of the exchanges.  Interest rates of up to 180% per annum are paid on the securities lombard loan (this was the highest interest rate we have ever experienced).

The interest is always calculated on a daily basis, so at a current interest rate of 0.0270% for lending a bitcoin per day the interest earned is 0.00027 bitcoins.  This would be extrapolated to the year an interest rate of just under 10%.  Mostly the interest rate is between 5% - 10% annually.  However, there are also periods of very high interest income of over 180%.  However, interest rates of 180% per annum are rarely and usually paid in short, volatile periods.

Again, investing bitcoins is not without its risks.  In certain situations it can happen that the loans are not repaid.

6.Use bitcoins as a payment method

Another way to earn bitcoins is to offer goods or services yourself and to accept Bitcoin as a means of payment.  Of course, this means that a business, a trade, a service or your own product must be built or created.

However, especially digital products such as useful tutorials, tutorials, ebooks, webinars etc. are very easy to create.  The consumers of this target group are often also more affine for alternative payment methods such as cryptocurrencies.

For their own shop, but also for bars and restaurants offer providers such as Coinify complete POS solutions.  Often, this is also cheaper in terms of integration and fees than payment methods such as VISA or MasterCard.

7. Affiliate Marketing: Self-Employed with Bitcoin

Another way to earn bitcoins is affiliate marketing.  For this you need your own website, forum, Youtube or Facebook group.  Start a topic for example on "Bitcoins" and provide your readers with an interesting added value.  Certain products and services are then advertised on the site and explained to users.  If a user clicks on the affiliate link, a certain commission will be credited.

You will receive 50% of fees collected from campaigns of ads created by your referrals as rewards for Goals
Advertise with Anonymous Ads

We hope you have found a way to earn bitcoins.  Good luck and read our other articles!