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Easy Ways to Earn Bitcoin From Home

 Bitcoin is far and away the most popular cryptocurrency, and has a total market cap that exceeds all other cryptocurrencies by a wide margin. While Bitcoin experienced some struggle throughout late 2018 and early 2019, things have been changing recently.

Bitcoin's performance has been a breath of fresh air for existing investors, and has sparked a renewed interest in cryptocurrency. As of the writing of this article (July 26, 2019), Bitcoin's rate is at nearly $10,000, while it was under $5,000 for most of 2018 and in the beginning of 2019.

Therefore, it should come as no surprise that Bitcoin is so popular. This is the first-ever cryptocurrency to be created (way back in 2009), and gets the most attention in the media by far. However, in addition to its long track record, the fact that Bitcoin is sound money is why many people get involved with it.

It is decentralized; the amount of Bitcoin is capped at 21 million; and the stock-to-flow ratio is increasing. The currency cannot be manipulated and doesn't rely on central authorities or regulators. It uses a true free-market system. The scalable nature of Bitcoin is another reason why many consider it a type of sound money.

If you have heard enough and want to get involved with Bitcoin, we have good news for you. While the cryptocurrency industry might seem complex to some, there are actually several different ways you can earn Bitcoin from home. With that in mind, this article is going to look at a couple of those different methods.

Bitcoin Trading

One of the most obvious ways to earn Bitcoin from home is to buy, sell or trade it. While this might not be as easy as some other methods we will mention, it has the potential for very high returns and profits. If you buy Bitcoin low, and sell it high, you can potentially make a lot of money.

In order to get into Bitcoin trading, there are a few things you need to do. First of all, you need to register an account on a cryptocurrency exchange. There are different platforms out there, each with different trading pairs, fees, and even payment options. Once you have registered and verified your identity, you will be able to fund your account and begin trading right from your computer or other device. Also, it is a good idea to get a Bitcoin wallet to ensure your cryptocurrency is safe. This method is more secure than simply leaving it all within the exchange. There are several different wallet options, each with their own features and security measures.

If you are new to trading Bitcoin, there are a few rules to keep in mind. Only invest what you can afford to lose; always have a plan; and try not to keep too much money within the exchange. When investing, don't buy into Bitcoin because of FOMO, greed or other emotions. Be sure to do adequate research on the cryptocurrency before you invest, too.

Bitcoin Freelancing

Freelancing, or contract work, is becoming more and more popular around the world. But did you know there are actually companies and platforms that will pay you in Bitcoin or other cryptocurrency for your work? Well, it's true. Several of these platforms update their list of jobs daily and offer a wide range of options. Most of the platforms ensure the entire process is mediated and fair. They will work just like traditional platforms. You will agree on a price with a client, complete the job, and get paid in Bitcoin.

Among the most popular Bitcoin freelance marketplaces are BitGigs, XBTFreelancer, Coinality, etc. These sites and platforms usually look for graphic designers, programmers, developers, research analysts and dozens of other specialists.

In addition to these cryptocurrency-focused platforms, there are several traditional freelance platforms that can use services like Bitwage to pay freelancers in Bitcoin. So no matter what kind of freelance work you do, there is a good chance that you will be able to do it for Bitcoin.

Bitcoin Donations

Another way to earn Bitcoin from home easily is via donations. If you are a blogger or run a website that offers high-quality and valuable content, you could potentially earn Bitcoin via donations from readers or site visitors. It is quite easy to add a Bitcoin donation button onto your site, and it could end up providing you with a decent amount of cryptocurrency on a daily basis.

While these three methods are among the most common, popular and easy, they are not the only options you have. Other options for earning Bitcoin from home include affiliate programs, cryptocurrency lending and even mining. While they are decent options, they often require more effort or simply don't provide enough potential for success to be worthwhile to most people.

Will We See Freelancers Switching to the Cryptocurrency Ecosystem Anytime Soon?

While sites like Upwork continue to reign supreme in the space, we wouldn't be shocked to see many freelancers switch to the cryptocurrency ecosystem, especially as the adoption of cryptocurrency grows. Freelancers will go wherever the profits are high, and the fees are low. If platforms can continue offering quality jobs that pay in Bitcoin, with fair and low fees, there is no reason why many freelancers wouldn't start working there exclusively.

While this type of widespread shift probably won't happen tomorrow, we can see it happening sooner rather than later if the ecosystem can provide enough value and opportunity to freelancers.

In conclusion, we hope that this article has been helpful in teaching you about some of the various ways you can earn Bitcoin from home with ease. Of course, before getting involved with or investing in any type of cryptocurrency, it is a good idea to do your own independent research to ensure it is something you really want to do.  

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Friday, 06 December 2019
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