Bitcoins are becoming an increasingly popular currency, so there is no wonder that people want to know about the ways to earn Bitcoins (both paid and free). If you are wondering the same thing, here is a short guide on the best ways to get your hands on some sweet Bitcoins.
The simplest way to get some Bitcoins is to earn them, i.e. accept them as payment.
You can easily integrate Bitcoin payments into your business, regardless how small or big it is and whether you’re selling goods or services.
You can get an online Bitcoin wallet through a provider (such as Coinbase) and display your QR-code next to your cash register. After that, all you have to do is inform your customers that you are accepting this form of payment by displaying a sticker or card that says ‘Bitcoin accepted here’.
There are numerous websites that will give you free Bitcoins in exchange for something.
A lot of these websites just need you to watch some videos or browse in return for getting Bitcoins. However, the return on your time is very low, so most people don’t bother.
However, it is still a valid way of receiving some coins. You can also solve some analytical tasks to get coins, or answer some surveys.
Be careful though – make sure you go with a trusted site like BitVisitor or CoinWorker, as there are a lot of fake pages out there.
Mining Bitcoins is a process of creating new currency. Since this is very expensive, a lot of people tend to join mining pools like BitMinter and add to the computing power of the pool.
This way you don’t have to create your own mining farm and can still get your hands on some Bitcoins. However, you need to be careful in calculating your costs and gains, so that you don’t end up paying more than you earn.
In some ways, you can say that trading is similar to gambling, but if done correctly, this can earn you a lot of Bitcoins. It is on extremely complex process, so if you don’t want to put in the required time and effort, it would be best to steer clear of this option.
Of course, you can also gamble with Bitcoins, which is not for everyone, but if you want to have some fun and experiment, it is a good option. When it comes to trading, the safest way to make a buck is through arbitrage.
This means that you are buying assets in one place and selling it almost immediately in another. The important factor to know here is whether you can sell the asset immediately. If not, what you are doing is not arbitrage but gambling.
So now you know all the best ways to get into the Bitcoin game. There are also more ways to get your hands on Bitcoin – buying them, speculation, taking them as tips, etc. More and more people are getting into the game – what are you waiting for?