The digital age is here, and it's never been a better time to be involved in cryptocurrency. From the earliest days of Bitcoin to the present, cryptocurrency has been making money for anyone willing to learn about it. But with new coins coming out every day, many of which seem like some sort of scam, it can be difficult to distinguish between the legit ones and the money-grabbing pretenders. People have been making money with Bitcoin for a long time. A small industry of e-commerce sites and services has popped up to help people who want to sell things online in exchange for Bitcoin. But this is just scratching the surface. If you are interested to know more about the crypto questions then visit here.
If you're like most people, you don't have a lot of extra money lying around. Maybe you're saving to buy a house or pay off some debt, or maybe you're doing okay financially but still aren't able to save enough for retirement. In any case, it's not likely that you can dedicate thousands of dollars to become an early adopter in the Bitcoin economy.
But a lot of people would love to earn extra income on the side, and many would be thrilled if that income could be earned from selling stuff online — preferably stuff they already own. So how do you make money with Bitcoin if you don't have much cash lying around? Here are some suggestions:
Mining Bitcoin
As the price of bitcoin continues to rise, mining is becoming increasingly difficult. However, it's still possible for anyone with a computer and the right hardware to mine Bitcoin. The best way to do this is with a dedicated ASIC miner such as the Antminer S9. Currently, it's possible to earn around 0.45 BTC per month using this machine, but the amount changes depending on how much you're willing to spend on electricity and other costs.
Trading Bitcoin
Trading bitcoin is similar to trading stocks, but it's important to remember that the value can go down as well as up. If you're new to trading, consider using a free demo account with a regulated broker before trading with real money. Everyone has heard of Coinbase or Gemini, but these are just two of dozens of online bitcoin boersen where you can trade your Bitcoin for fiat currency like US Dollars or Euros. By trading your bitcoin for cash, you can then use that cash however you want! Of course, there's risk involved here — the price could go down as well as up — so be sure you know what you're doing before you start trading large amounts of cryptocurrency on exchanges like GDAX or Gemini.
Tipping or Donating:
There are a lot of places that accept bitcoin tips or donations. The best examples are probably the ones from ChangeTip, which provide a very slick way of sending bitcoin tips to other people, as well as accepting them on your own website or blog.
