Investments in bitcoins: types and where you can profitably invest. Investments in cryptocurrency: where to start, where to invest money, possible risks How to invest in bitcoin and other cryptocurrencies

Introduction

The emergence of cryptocurrencies gave hope that you can spit on the ceiling and become a millionaire: “I’ll buy 1 bitcoin today for $10,000, and tomorrow it will grow to $50,000. I will sell and earn almost an apartment!

Such thoughts led novice investors to a dead end: there were those who took Bitcoin at 20,000 in December 2017 - January 2018, and in February they went down, seeing the rate from 7,000 (i.e., they lost 3 times in the short term). How to invest in bitcoins at interest without the risk of losing money? A step by step guide will help you figure it out!

"No, don't invest! The soap bubble will burst, and you will lose everything!” - shout some “sofa analysts. Others counter them: “Bitcoin is a blockchain, modern technology, high demand, anonymity of operations, opportunities for mining ... Most likely, the Bitcoin rate will rise to $30,000, $40,000, $45,000, $70,000 !».

You need to understand the simple law of trading: the higher the value of any currency, the more "headache". The second problem faced by cryptocurrencies (including Bitcoin) is bans at the level of individual countries.

The authorities look at anonymous operations as a "hotbed" of terrorism, corruption, drug trafficking, human trafficking and other crime. Finally, "Bitcoin" is worth $10,000(conditionally), and people simply don’t have money to buy “digital currency”.

If there are "free" $5,000, it is better to diversify “spread them into different baskets” (bank deposit, PAMM account, buying euro / dollar, coins and art objects - in general, there are dozens of ways).

ATTENTION! throw in $10,000. Bitcoin is scary. It is better to choose cheaper cryptocurrencies. And you certainly don’t need to go into debt and loans to buy Bitcoins!

Is it worth investing in bitcoins?

For example, take 2018, the cryptocurrency started with a serious fall, although it grew by leaps and bounds (from $900-950 in January 2017 to $18,000 in December 2017). It is up to you to decide whether you will invest. A cold head won't hurt. No need to succumb to general panic and run: “Wow! The cue ball rose by 1000 bucks per day. Need to buy now! I can't get involved!"

Firmly decided to throw money and try to make money on exchange rate fluctuations? We need to figure out ways. You will find answers to all your questions in the manual!

Do not “pour” all the money into 1 cryptocurrency. Consider at least 2-3 spares.
Invest for the long term (at least 1 year). It makes no sense to buy a couple of Satoshi today in order to pull them out of circulation in a month!

Example: those who at the beginning of January 2018 could buy "Cue ball" almost for $20,000, and in February they would sell for 7 000 . In the short term, they would be at a loss.

Be aware of investment aggressiveness. Predicting the movement of the "crypt" is not so simple. Today we were in profit by +300%, and tomorrow - in the red by -100%.
Stop monitoring quotes every minute. Yes, investors should be aware of prices and objects. But that doesn't mean you have to swoon over every pip.
Stop investing if you don't understand anything about cryptocurrencies and trading. If you are covered in a cold sweat from the terms “ICO”, “blockchain”, “hash rate”, “trading volume”, “market capitalization”, “investment portfolio”, “diversification”, it is better to study our articles first, and then plunge into the pool with your head .

7 Ways to Invest in Bitcoin

Purchase . There are 2 options here: a) stick to the Buy and Hold strategy, i.e. take a “cue ball” and keep it on your wallet or on the stock exchange; b) buy BTC and exchange it for other cryptocurrencies (trade, follow the quotes).
CFD. You do not become the owner of satoshi or bitcoin, but will work with contracts for difference in price. In essence, CFDs involve speculation. The option is suitable for experienced traders, and beginners can “drain money”.
HYIPs. There is one rule here: enter and exit on time. The organizers will tell that they have a balanced system without the risk of "merge"; will pay % 5 times a day. But all this is a high-risk undertaking. HYIP can be “blown away” at any moment, and you will not have time to earn.
Mining. V separate instruction we already wrote about how to assemble a farm (rig). It is useless to use "vidyuhi" for bitcoin mining. Modern and powerful ASICs are needed (they will ruin you on electricity bills).
Funds. There are none in the Russian Federation, but they are common abroad. To put it quite simply, it is as if you are making a deposit in the bank. But among the funds there are many "dummy" ones that collect clients' money and "collapse". Read reviews before investing!
DU (trust management). Open an account in bitcoins on one of the exchanges and transfer it to the trader for further transactions. You must understand that the coolest and most experienced master "merges". There is also a risk that an unscrupulous trader will “wash away” with your money.
Investments in cloud mining d. You mine Bitcoin, but you don't need to buy ASICs to do so. The costs will have to include the cost of the contract + the daily “subscription fee”. In a separate instruction, we described cloud mining in detail.

Below we describe each of the methods in more detail. The easiest way to invest in bitcoin « for dummies" - go to the stock exchange and buy coins for dollars, euros, Russian rubles. If there are no transactions with fiat money on the exchange, then you will first have to take the "cue ball" in the exchanger, and then send it to the exchange.

To withdraw cryptocurrencies to bank card, you have to go to the exchanger. If you work through WebMoney, you can use WMX (=0.001 BTC). Keep in mind that the transaction fee in WMX is 0.8% and the operation is called "storage" (0.0005 BTC will be withdrawn on return). Of course, there must be a bitcoin wallet.

Buying and selling bitcoins on exchanges or in exchangers

So, you have firmly decided to buy a cue ball in order to earn money. But how to exchange dollars or Russian rubles for BTC? There are 4 ways to do this:

Exchangers online. For example, Coinmama, bestchange.ru, Indacoin, as well as AlfaCashier or Paxful.
Cryptocurrency exchanges. Bitfinex, Bitstamp, GDAX, CEX.IO, itBit, Bitinka and others. You can find a more detailed list at coinmarketcap.com. You do not need to go to the exchanger. It is enough to register on the exchange, deposit money and buy the required amount of Bitok. There is a BTC/RUB currency pair on Exmo. You can work with Russian rubles on the GetBTC site.
Terminals and ATMs. In the Russian Federation, according to coinatmradar.com, there are 11 "points". 4 terminals in Krasnodar, 1 in Krasnoyarsk and 6 in Novosibirsk. On the site you can see exactly where they are. Not only the Russian Federation is available (there is France, the USA, Great Britain, Japan, China, Spain and others).
Exchange between people gift vouchers and other ways. There are services like LocalBitcoins, where you "negotiate" with the seller (a kind of analogue of "Avito" or "Yula"). Reviews are normal, but there is a risk of running into a scammer.

How to buy BTC profitably	Commissions	pros	Flaws
Exchangers online	From 10 to 12% and more!	Course monitoring. Automatic currency exchange. Large selection of payment systems (cards, e-wallets, etc.).	Limited reserve. Courses are below average (as a rule).
Exchanges	Up to 10% depending on the chosen currency	Ability to work with cryptocurrencies or fiat money. Large selection of trading instruments. good course(you can place orders with a higher price tag yourself).	verification risk. Lack of registration (individual exchanges are forced to suspend the registration of new users due to high demand). Limited number of payment methods (compared to exchangers).
Terminals and ATMs	According to coinatmradar.com, they take 6% + there are additional commissions.	Simplicity and clarity of the procedure. The speed of operations.	The absence of an ATM in your city can be a serious problem. The exchange rate is not the most profitable (and running every 5 minutes and monitoring quotes is difficult).
Direct transfers	How to negotiate with the seller or buyer	Favorable exchange rate (if agreed). The ability to choose a payment system that will be convenient.	Fraud and deception (read the reviews!). Negotiation and search costs.

So you have already bought bitcoin and store it on the exchange. This is a risky business, so take care of security and at least enable two-factor authentication. Then you choose 1 of 4 options:

withdraw to a digital wallet and “hold for a rainy day”;
pay for a purchase with a "bit by bit" or "transfer" to a bookmaker's office (foreign "1xbet", "Marathon" and "Parimatch" are happy to accept);
leave on the exchange and exchange for other cryptocurrencies;
cash out Satoshi to a bank card or electronic wallet.

How to withdraw cryptocurrency and get rubles/dollars?

We do everything that is indicated above, but only in reverse. We go to the exchanger / exchange with cryptocurrency, request an exchange for Russian rubles, euros, dollars, hryvnias + payment to a bank card, electronic wallet or in another way.

For example, we went to getbtc.org and saw that the exchange offers different ways and commissions:

ADV Cash - 1%.
Alfa-Bank - 3%.
Perfect Money - 1%.
Cryptocapital - 1%.
"WebMoney" - 3%.
QIWI - 1%.
Other Bank - 5%.

ATTENTION! Buying coins on the exchange is a lottery. You have to take "Bitcoin" at the lowest price in order to sell it for more later. You may have to wait more than one week. Ready to invest?

CFD contracts as a way to earn on BTC

Work with contracts for difference. There is no classic investment (as well as classic buying) here. To earn, you need to see the movement of the cryptocurrency, possible corrections. If you do not have trading skills, then you should not try.

If you have trading experience, the strong volatility of Bitcoin will bring significant intraday profits. You need to look for CFD contacts not on exchanges, but at brokerage companies (finding a verified one is another task).

HYIPs are a dubious way to invest in cryptocurrency and earn

There have always been hypes. If earlier the founders offered to invest in Russian rubles and dollars, now they have switched to cryptocurrencies. If the hype is just created, you can try (but you will have to monitor the situation in order to get out in time).

Not a single hype project will call itself a "deceiver" and a "scam". "Investors" will be told about "stable payments", "special drain protection technology", "money increase by + 300% per month." If you are going to invest money, you must understand the risks.

There are 2 pieces of advice: a) invest a “trifle” that you won’t be sorry to lose; b) to throw money only into new projects (if the pyramid is untwisted almost on every site, there is a risk of “investing in vain”).

Investing in bitcoin mining

in detail we described the creation of a farm and earnings on it in a separate instruction. You buy ASICs to "mine" Satoshi. The problem is that on initial stage will have to give a lot of money: the equipment will fall into 1 000 – $3,000+ 50-100 dollars spent monthly on electricity.

Complemented by the low rate of bitcoin (if quotes fall to 5,000 - 7,000, it will be unprofitable to mine) and high competition (the same Chinese have powerful farms and cheap electricity). The more "getters", the less profit each.

You don't need to buy video cards! This is the last century, and it is impossible to mine bitcoins on them. But GPUs are suitable for "extraction" of "Ethereum" and forks like "EfirZero", as well as other "crypts".

Investments in funds

A risky option, because a “vaunted” fund can turn out to be a banal hype. There are no Russian-language sites, so you have to look for foreign ones. In 90% of cases, they offer "diversification": invest in dollars, euros, cryptocurrencies - in general, a complete set. How it works? Throw in money and "make money on the machine" (as the founders promise). In simple terms, funds are like a bank deposit (only you make it in BTC).

There are sites that offer up to + 3% of the deposit per day. "Tariff" seems like a dream: invested in the amount of 100 dollars, and you get $ 3 daily (i.e. 90 bucks per month!). But such "honey" conditions may indicate hype. A stable income of 600% per year without risks is a fairy tale.

Today there are 100,500 funds from the UK, Japan, Iceland, Gibraltar, New Zealand… Check the reviews, read the comments, study the history, not beautiful words: “The founders decided to turn the world of finance! The project is 100% clean and profitable. Come on, fill it up!"

Bitcoin investments in remote control (trust management)

Guarantees a return of 1-3% of the deposit per day. It works in the same way as with remote control for dollars, Russian rubles, euros, and so on. You transfer money, the trader trades on the stock exchange. When his transactions are closed in plus, you are paid%. If a trader has chosen the wrong strategy/tactics, everything goes to the minus. You are losing.

There are a lot of risks: the exchange may close; may choose the wrong strategy; can hack into the account and “steal” the money. Finally, there is a risk of "starting cooperation" with "yesterday's schoolboy".

You must understand: today the trader brought +20% profit, and tomorrow he will fly into minus by -60%. The main thing is long-term profit. As a rule, experienced players work not only with BTC, but also with ETH, XEM, XLM.

Some experts point out that it is better to get trained and trade on your own than to give money in trust.

Investments in cloud mining

Not classic "bitcoin investing", but it has a chance to exist. What it is? You buy "virtual power", mine cryptocurrency and get rewarded. There are sites where not only cloud mining is available, but there are other functions (purchase and sale, exchange). The instructions wrote about cloud mining and implementation features. If you are a "green newbie", start with "clouds". Verified sites are Cointellect, CEX.io or EOBOT.

Conclusion

ATTENTION! Before "dipping" into the world of money, we start a wallet!

Independent attempts at trading (speculations and games on currency quotes are fraught). The "teapot" does not understand how to "read" charts, use technical or fundamental analysis. The Buy and Hold strategy also looks dubious. It is important to remain calm here, and not to run to “hand over the currency” at the first rollback or at the first correction. There were examples of those who “on the wave” took BTC for $14,000 and then sold for 9 000 . It remains to wish. to make the chosen method profitable

What do you think about investing in the popular cryptocurrency?

Hello, Andrey Merkulov is in touch.

So, if you are not yet investing in cryptocurrencies, then you should know:

In the first 10 years of its existence, bitcoin has grown 8.5 million times
April 1, 2017 Japan recognized bitcoin as money, not a commodity

You can see the current bitcoin rate here

Over the next 10 years, the value of bitcoin and other cryptocurrencies will be many times higher. Some experts believe that with the current exponent of technology development, there may be figures of both $100,000 and $500,000 for bitcoin.

Robert Kiyosaki and $1 stocks

If you have played Robert Kiyosaki's cash flow, then you have probably asked yourself the question - how in real life find an investment rate that will buy MYT4You shares at $1 and sell them at $40 in a few moves. Congratulations - there is such an opportunity, and growth by 40 times is not the limit at all.

By the way, if that doesn't mean anything to you... the first day of the Platinum group will be a real find for you full of insider tips as you play with one of the best cash flow coaches in Russia.

Bitcoin or Ethereum - the fight continues

The second largest cryptocurrency in the world by capitalization - Ethereum was worth $7.95 on January 1, 2017, and in 2015 Ethereum could be bought for $0.2

The current exchange rate can be viewed here

There is also Litecoin and Ripple, which are seriously considering replacing the SWIFT interbank transfer system.

Learn more about all this from a free online book about 25 strategies for investing in cryptocurrencies.

In this book, I talk about the basic principles of making money on cryptocurrencies, which tokens you should pay attention to in the first place, and which undervalued currencies can be used to form a risky portfolio with huge growth potential.

The most reliable way to save BTC

It is profitable to invest money in cryptocurrency - only half of the task, they must be saved, and as the value grows, so do the threats. Number one, of course, are hackers. The bitcoin protocol itself is invulnerable, but they can infect a computer, a web browser from which exchanges are accessed, and finally, hack the sites of the exchanges themselves - there have been such cases in the history of digital currencies, and no one can guarantee that this will not happen again.

But even in the absence of cybercriminals, the owner cannot sleep peacefully. V Lately it is not uncommon for exchanges to block accounts for various, sometimes completely obscure reasons (usually for a while), and finally, they can simply close, and all funds will be lost

Owners of bitcoins are vulnerable in the same way as owners of ordinary money, because banknotes can be stolen by thieves, and the bank where the account is opened can go bankrupt. However, digital currency users have unique advantage, based on the decentralization of cryptocurrency and the irreversibility of transactions - cold storage.

A hacker can only steal from an account that is connected to the Internet. If there is no connection, even a thousand brilliant cyber-hackers are not afraid of you. Therefore, it is worth keeping only a small amount on an online wallet for everyday expenses and transactions, but it is better to transfer the main investments and savings to cold, network inaccessible wallet.

It will protect your money both from hackers and from any other misfortunes - fires, floods, seized bailiffs and claims of any other government officials, whatever else. All records of the funds transferred there are stored on thousands of nodes around the world, and the only way to spend them is on a hardware key the size of a flash drive. Without it, no one will be able to use your money.

And even if the key itself is lost or broken, your money will not disappear anywhere, all records about them will remain in the blockchain. You will be able to restore access using an individual key, again known only to you.

Among the offline wallets for cold storage available on the market, it is worth highlighting Ledger. Among its developers are BitChip, a well-known company in cryptocurrency circles, and payment system Chronocoin, the device is verified and very reliable.

Another plus is that the creators are at the forefront of the growing world of digital coins, the multi-currency Ledger Nano S has already been developed, on which, in addition to bitcoins, you can store ether and other altcoins, which all investors with a serious cryptocurrency portfolio should appreciate.

If you consider investing in digital money as a long-term investment, the Ledger cold wallet guarantees their safety from any threats.

To find out more, visit the free online master class for portfolio investment.

Hello, in this article we will talk about the virtual currency - bitcoin.

Today you will learn:

How to earn bitcoins with and without investments.
What to do with bitcoins.
How much do they earn.

Working ways to earn bitcoins

First, watch a 3-minute video, which literally "on the fingers" talks about the Bitcoin cryptocurrency:

It's getting harder to earn bitcoins with a computer. Just a few years ago, when Bitcoin was just starting its “promotion”, it was possible for anyone to earn the average salary of an office worker. Now, with the advent of the big one, we have to come up with new ways real earnings coins.

Mining

Mining- this is the extraction of currency using a video card, one of the first ways to earn cryptocurrency. It has disadvantages, although it is considered the most reliable and profitable.

About two years ago, it was possible to earn money thanks to a video card, which did not require any costs. It all consisted in the fact that the "hunter" for the currency in a playful way built gold mines, mined gold and exchanged them for real money.

Now, in order to earn money, you need to create or buy a special configuration of a computer with an expensive video card. Not only will the configuration cost a lot of money, but you will also have to pay twice as much for electricity. That is why mining, as an unprofitable method, goes down a step from the top every month.

Advantages of mining on your own computer

Cons of mining on your own computer

1. It is possible to sell equipment at a discount at any time.

2. Complete minimization of speculation.

3. You choose which currency to “hunt” for.

4. Automatic earnings of bitcoins.

1. Equipment with such handling has a high risk of breakage. To all this, a small probability of warranty service is added.

2. Noise and doubling the use of electricity.

3. In your own apartment there is no way to create large farms.

4. Due to interruptions in the Internet, the work is interrupted completely (even if it has lasted for several days), and the farm has to be restarted.

The offer of mining among the "hunters" is considered only if it is possible to pay half the cost of electricity or not pay for it at all.

cloud mining

The essence of cloud mining is that you do not need to spend money on a computer, video card, and so on. You are offered to rent computing power for remote servers. However, cloud mining was almost completely “attacked” by scammers who, after receiving a rental fee, successfully hide. So be careful with this.

The purchase of capacities takes place in hashes. The computer unit increment system is identical to bytes. It is advisable to purchase Giga or Teraheshi. This is a more reliable option.

The average cost of one Gigahash depends on the exchange rate. For example, in 2016, 1 bitcoin cost about $650. 1 Gigahash cost 0.0006 bitcoins ($0.47). This will be quite enough for a stable income of 1 bitcoin per week.

Investments

Bitcoin appeared in 2008 and it cost negligible. In 2017, the cost increased by a million times. The investment has a certain risk. With a long-term investment in cryptocurrency, it is possible both to increase the price, stop it, and lower it.

After several years, many people regret that they did not contribute, for example, in 2013. It was at the end of this year that the price began to rise, which later rose “to heaven”.

Bitcoin farm

Farm for mining - a chain of computers that perform calculations around the clock, 365 days a year. The job of a farm is that you provide a certain program with the processing power of your computer. The video cards built into the farm are working at the limit of their capabilities.

Farms occupy a pyramid position. They are beneficial only to those who started doing this at the time of the birth and “promotion” of cryptocurrency. Many people find out that a mining farm brings in $1,000 a month and spend fortunes on it, but what happens next?

Perhaps in the first month the farm will give the desired money. But the fact is that over time, the computing power requested by the program and servers is growing. And the capacity of your farm has remained the same as in the first month. As a result, earnings will decrease.

At best, the owner of such a device starts trying to fix something, but nothing comes of it, and therefore the farm has to be sold.

Next, the second pitfall: your farm has been working for wear and tear, for example, for about six months or a year. You bought it for 100,000 - 150,000 thousand rubles, and a year later its cost due to permanent job will be about 60,000 thousand rubles.

But who makes money on these farms? Yes, those who buy up hangars and completely fill them with farms are on the computing power. They invest several million, buy about a hundred thousand video cards. This brings in income, but newbies who step on the second pitfall earn only by selling these same mining farms.

In order not to get hooked by those who sell farms, ask yourself: why is he selling it if it brings income? True miners who know all the subtleties and nuances of earning will not dare to decide to sell what brings income.

How the farm works and what you get paid for

Bitcoin is a decentralized unit. She does not have a single server or developer who would do this. That is why when downloading a special software for mining, you turn your computer into a server particle. And there are many like you. If you collect all these particles together, you get a powerful server.

To give people an incentive to stay part of the server, the system pays rewards in the form of virtual currency. That is, miners get paid for giving the power of their computer to the system.

Remember that it is impossible to earn bitcoins quickly, it is also impossible to earn them just by putting the farm on the windowsill and minding your own business. This is a kind of one in which you need to wait for payback, you need to constantly work on it, delve into new subtleties and monitor the exchange rate of the virtual currency daily.

Earning bitcoins without investment

It is quite possible to make money on bitcoins from scratch, but it will take a lot of time. At the moment, there are a huge number of servers that offer to get a currency for free, more precisely, satoshi (one hundred millionth of a bitcoin). You only need to enter captchas, go to sites or watch videos. All in all, a complete job.

Where to earn bitcoins

Free bitcoin servers are called bitcoin faucets. The amount of earnings is low, but you do not perform difficult tasks either. Initially, faucets were created to "promotion" of the currency, but now they are the easiest and most popular way to earn money. Plus, there is a referral program on all servers. By attracting partners, you get additional income.

Several ways to earn currency without investments:

Collection of bitcoins.

The easiest way to get bitcoins. A registered user is offered to either enter a captcha or view an advertisement, and after the end of the action, they are paid from 50 to 200 Satoshi.

Usually, on such faucets there is a timer for entering captcha or viewing ads. On some sites, you can retry every five minutes, while on others, every hour. Experienced "hunters" offer to start 10 - 20 coin mining servers, because it is very difficult to get even an average income from one such faucet.

If you have or well promoted social network then this method is for you. Can be left affiliate links to bitcoin faucets where a certain number of people will see them. Thus, we again returned to the referral system. For referrals, that is, partners, the service determines the percentage for you.

Automatic earnings on faucets.

Making money on the machine is the best option for finding virtual currency. This is a fairly simple method that is suitable for those who want to make a profit without any action at all. In order to earn, you just need to install on your computer special application STARTAVTOBET, and it will bring you money automatically.

What to do with earned bitcoins

If you have earned your first bitcoin, then the question arises: what to do with it? Before you start working, any server you want to register on will offer to open a wallet with which it cooperates.

This is exactly the same system as, for example, if you pay your child for education through partner bank University: the minimum commission or its absence at all, and the money will come in one hundred percent. Many bitcoin faucets withdraw earnings automatically if you enter your wallet number.

After the first cryptocurrency has been successfully earned, it must be withdrawn by all means. Many advanced "workers" advise not to wait for a doubling or an increase in the rate, but to withdraw the amounts immediately, because there is a huge risk of "burning out".

Bitcoin withdrawal

Withdrawing bitcoins to an electronic account is legal. Unfortunately, it is impossible to cash out this currency, but there were cases when it was paid in online stores.

The following methods of obtaining cryptocurrency are available:

You can withdraw through the exchanges.

Exchange systems flooded the Internet. They allow users to deal with the system of purchases and sales, as well as the conversion of cryptocurrencies (conversion is the property of currencies to exchange with each other). The commission on the exchanges is the smallest, but you need to wait until there is a buyer for your product.

A popular exchange is a great chance to quickly exchange a coin. The most reliable exchanges are those that, after registration, are asked to make a deposit and go through verification, and only after that they provide full list operations.

Exchangers.

The most reliable and proven way by many people. Almost instant payouts to your desired wallets. But of course, the exchanger requires a fee for their operations.

Forums.

This is perhaps the most insecure way to exchange currency. It is built through the forum on full confidence strangers to each other. And here the chance of becoming a participant in a dishonest transaction increases.

On specialized forums, it is possible to find a specific person with whom you will make a transaction, but this will take some time. The advantages of this option are zero commission and instant exchange.

How much do you earn with bitcoins

The more people mining or registering on bitcoin faucets, the less you will earn. Imagine a circle that is divided into ten equal parts. The circle is the information that you need to process, and 20 bitcoins are paid for this processed circle.

There are ten people like you, and when you process this circle, one tenth of all the money will go into your wallet. Now imagine that another thousand people find out about this circle, which means that now the reward will be a thousand times less.

The bitcoin exchange rate is not secured by anything and is extremely unstable. It changes almost every hour. This is because its fall and rise depends on only two factors: buying and selling.

Example. If one person decides to sell ten bitcoins, then the rate will fall quite low, and if he decides to buy them, the rate will increase. It also directly depends on the news. If a well-known informational newspaper writes that they want to block the cryptocurrency, then the rate will be almost equal to the minimum.

When considering mining in the option of earning on cryptocurrency, the daily income will be about 600 rubles per day. And this is with the most powerful gaming computer. If you take a computer of average power, then the maximum income will be 50-60 rubles.

Alternative ways to make money with bitcoin

People don’t really want to wait for their cloud mining to spin up or get a certain amount of satoshi on a bitcoin faucet.

In order to earn 1 bitcoin per week, you can apply the following methods:

Take advantage of cryptocurrency doublers.

Doublers operate according to the “invest - get twice as much” system. In this case, you need to be careful and not jump into the pool with your head. Beginners who invest large sums to get what they think are the same cryptocurrency are left with nothing.

In case of a "victory" over the doubler, it is recommended to use only those servers that offer small percentages (2-3% per day). You do not need to “scroll” the money several times either. It is better to do it once, withdraw and invest further. It will be more reliable, and you definitely won’t “burn out”.

The principle of operation of doublers is based on the arrival of newcomers to the system who invest money. Payments in this case to current participants continue. But such servers later turn into scams and are forgotten.

Earnings on honest services are not built on the principle of a pyramid, like future scams, but on the principle of deposits in official financial institutions, where they pay a small percentage on the account balance. In order to earn 1 bitcoin per week, you need to invest 15.

Casino.

There are small lotteries or casinos on bitcoin faucets. With an accumulated amount of several hundred satoshi, there is an opportunity to win at the casino and earn currency for free.

Exchange.

Traders no longer want to earn one bitcoin a week. They want the same result in a few days or even hours. Trading takes place according to the standard market system: we buy cheaper and sell more expensive.

The exchange rate does not depend on any influences. The main task of a trader is not to panic when the rate starts to decline rapidly. Just wait until the price rises again and sell. For your patience, you will receive very decent money.

And the entire crypto industry is in a long-awaited correction. Request meeting in search engines"how to invest in bitcoin" is becoming more and more common. From this article you will learn how you can invest in cryptocurrency and whether it is worth it.

Is it worth investing in Bitcoin and cryptocurrencies in 2020?

2017 was marked by a sharp interest in all cryptocurrencies. This is easy to understand if you look at their course at the beginning and end of the year. Let's look at the readings of the top currencies at the beginning of the year and the current moment

Cryptocurrency	Price at the beginning of 2017 and 2018	Current price	Growth since the beginning of 2020
Bitcoin (Bitcoin)	1000$/15000$ For 2017: 1500%	7876.65194626$ (3.81% )	125%
Ethereum (Ethereum)	7$/800$ For 2017: 11400%	141.632525458$ (↓-0.28% )	42%
Dash (Dash)	8$/1200$ For 2017: 15000%	55.5889705308$ (0.92% )	↓-31%
Litecoin (Litecoin)	4$/280$ For 2017: 7000%	45.3915973135$ (0.8% )	30%
Ripple (Ripple)	0.01$/2.00$ For 2017: 20000%	0.2121886818$ (↓-0.33% )	↓-36%
Zcash (Zcash)	150$/550$ For 2017: 370%	0$ (↓0% )	↓-100%

As you can see, the profitability of cryptocurrencies is simply cosmic. And will it still be? Analysts predict further growth. At the moment, $10,000 .. $15,000 are waiting for Bitcoin in 2020 (see Bitcoin forecasts for 2020/2021).

bitcoin growth chart

Ethereum growth chart

Is it worth investing in cryptocurrency? Rather yes than no. There will always be risks of a price collapse, but, as a rule, after such growth on such volumes, growth is just beginning.

How to invest your money in Bitcoin? There are several options for this. Let's look at each of them and choose the best one.

How to invest in Bitcoin (cryptocurrency)

1. Buy cryptocurrency on the exchange and hold

An option to replenish your account in one of the cryptocurrency exchanges and then buy what you want. For me, this is the most adequate and best option for those who want to invest for a long time.

Pros of storing bitcoins on the exchange:

Your cryptocurrency on the exchange is under reliable protection. Viruses don't scare you. Systems care about security. There have been no incidents with missing funds in the last 5 years
By storing Bitcoins on the exchange, it is always possible to do something with them, being anywhere. Because there is no binding to your computer. You can be located anywhere in the world and have access to trading
You can place an order to sell at a specific price, and if there is any sharp fluctuation, you can earn good money, and then buy again.
On the exchange, the minimum commission for the exchange. In Bitcoin exchangers, fees will be noticeably higher (by several times).
Flexibility and efficiency in transferring money from one cryptocurrency to another.

2. Keep cryptocurrency in your wallet

The way you store cryptocurrencies in your wallet also has advantages (see how to create a Bitcoin wallet). The main one is that hacking the exchange does not scare you in any way. You are solely responsible for the security of your wallet.

In this regard, you need an antivirus and compliance with security standards for your computer. If someone manages to gain access to the wallet and transfer Bitcoins, then there is no way to return them back.

Keeping cryptocurrency on your wallet, there is still a problem with synchronization with the network. This can be time-consuming and inconvenient (by time I mean more than one day).

In addition, you still need to exchange your money for Bitcoins before transferring them to the wallet, and these are exchange fees. You also lose the opportunity to "speculate": buy cheaper, sell more expensive, because high commissions in exchangers will not make it possible to earn on this.

Hello friends! Almost every one of us has heard something about bitcoins, but not everyone fully understands what it is and how you can make money on it. Therefore, in today's article I will try in simple words and tell you in more detail about how to make money with bitcoins .

On the Internet you can find many articles on the topic of making money on bitcoins, but most of them contain only general information, while there is very little practical information that really allows you to make money online.

In this article, we will talk about specific methods. We will cover both advanced and simple ways earning bitcoins without investments from scratch, which are suitable even for beginners!

The methods listed in this article will allow you to quickly earn the first bitcoins in the near future!

About 25 other interesting ways to make money on the Internet from 50 to 10,000 rubles in a day read! 👈 I recommend it to everyone!

❗️ Today you will learn some simple ways to mine bitcoins, as well as advanced ones! 😀

Also in this article you will find step-by-step instructions for earning on bitcoins, which describes in detail what you need to do to earn bitcoins!

At the same time, we will most impartially and truthfully consider all options for earning bitcoins!

So today you will learn:

How to earn bitcoins without investment in 2020?
List of sites where you can earn bitcoins.
How to earn bitcoins on your phone?
Is it possible to earn bitcoins for free?

If you are ready to learn about all this and more, sit back and continue reading the article!

1. Bitcoins - what is it and how to earn on them?

Let's take a quick look at what bitcoins are and what are the ways to earn them.

Bitcoins is a digital electronic currency that is not controlled by anyone. But in general, this is the same money as rubles. For bitcoins, as well as for rubles, you can buy almost anything you want!

The essence of bitcoin is that it has there is no single owner and center— and all transactions related to it (purchase / sale / transfers ...) are serviced thanks to the capacity of millions various computers Worldwide.

Initially, there is no commission for operations with bitcoin, only miners receive a reward for their work - the extraction of cryptocurrency. That is, they, at the expense of their computers (capacities), ensure the commission of these same operations with bitcoins.

Therefore, this type of income became possible, such as mining- everyone can earn on it! This requires at least a computer and internet (read more below!?).

The rate of bitcoin depends on its popularity: the more people use it, the higher the rate will be. And you can earn money on this - we will also talk about this in this article!

By the way, for those who do not know, the smaller part of bitcoins (0.00000001 part of bitcoin) is called satoshi.

But let's talk about everything in order! And yet, how to start earning bitcoins?

So, there are several main ways to earn bitcoins on:

bitcoin faucets (easy way);
phone applications (easy way);
mining: regular and cloud;
bitcoin arbitrage;
trading on the bitcoin exchange (due to changes in the exchange rate).

I suggest starting with the most simple ways earning bitcoins and gradually move on to more complex, but at the same time more profitable!

2. Earnings on bitcoin faucets - TOP 5 great sites for easy and fast earnings

And below, I nevertheless picked up, based on reviews on the Internet, the 3 most adequate applications for earning bitcoins.

App #1: Bit IQ

The application is not the most popular, but reliable, and according to reviews in Google Play, it scored 4.6 out of 5 points.

For completing tasks (mainly for watching videos), you will receive “bits”, which can then be exchanged for bitcoins and withdrawn.

☝️ How much can you earn?
Every 3-4 minutes you can earn about 100 bits. For 1 hour, the average earnings will be 1500 bits!

The minimum withdrawal amount is not too high compared to other applications - 40,000 bits. Yes, and awards from 400 to 1100 rubles are often played out.

At the same time, if you have any questions, you can write to the support service - here it is quite loyal to users.

In addition, bits can not be exchanged for bitcoins, but you can immediately withdraw to your Qiwi wallet, Yandex money, Paypal or Steam.

Application #2: BitMaker Free Bitcoin/Ethereum

It also has its own Bitcoin Crane affiliate program , which can additionally bring a good income.

Apparently, the application pays, although on the Internet you can also find reviews of some users who still write that the application sometimes resets the balance and does not pay Satoshi.

4. How to earn bitcoins using a computer on the machine (mining)

Description: For the extraction (mining) of bitcoins, computers are required and the more powerful they are, the better! They, in turn, solve cryptographic problems, for which bitcoins are awarded! Thus, you can receive income completely on the machine, i.e. passively!

❗️ You can earn this way hundreds and thousands of rubles per day! And this is not the limit! Some big miners earn on 10,000 - 50,000 rubles daily!

Attachments: in most cases, at least minimal, but required! Although there are exceptions!

Method 1: Standard mining

Many people have a question: how does a video card earn bitcoins?

But the fact is that it is mainly it that performs the computational operations that are necessary for the existence of bitcoins.

And since no one will provide their computer capacities for “just like that”, therefore, a monetary reward from cryptocurrency is charged for this service!

❗️ It used to be possible to earn bitcoin quite well right from your home computers.

Now they appear over powerful computers, so making big money on weak video cards will not work. But still earn small amounts real to everyone who has a computer! 🙂

- Easy way for beginners

- advanced way

A more profitable way is to organize a bitcoin mining farm yourself, i.e. an entire network of interconnected computers.

whole farms and even "factories" for the extraction of bitcoins began to be created recently. They have modern and heavy-duty processors that perform calculations around the clock.

To organize a farm, you will need:

modern powerful video cards and processors;
power and cooling systems.

After the farm is ready, you will need to install special programs for mining. Some of the most popular are: 50miner,Phoenix , BFG Miner, Diablo Miner, CG Miner... Although every year more and more new programs appear, however, more powerful video cards are being created.

But as you understand, this type of earnings requires no small investment. They can amount to tens of thousands of rubles, and hundreds of thousands! And how much you can earn will depend on the amount of investments in general!

Mining farms look something like this:

Bitcoin mining farms - an example

Real example!
Huge amounts of money are invested in large mining farms - hundreds and even millions of dollars! For example, about 300 000$ !

The farm data pays off within about 1 year - it all depends mainly on the capacities of video cards.

For example, if you invest 100 000 rubles in equipment , then you can mine approximately by200-400 rubles daily! But it is important to note that over time, income can seriously change!

It is also advisable to register in the community of miners (for example, F2Pool, BitFuryPool, AntPool…) to mine bitcoins together with other miners.

This is beneficial for both you and other miners, because the greater the total computing power of the pool (community), the higher the probability of getting new bitcoins, and therefore more money!

But you need to understand that mining has its own risks:

Firstly , it is not known exactly when the purchased equipment will pay off and begin to make a profit - competition in this business is growing strongly!
Secondly, with development modern technologies the purchased equipment becomes obsolete every year, so it will hardly be possible to sell it in 1-2 years, at least for 90% from its original cost. This also needs to be taken into account!
Thirdly, the bitcoin rate also directly affects the earnings of miners!

Despite this, many miners have successfully earned and continue to earn! In this case, first of all, experience is important!

Method 2: Cloud mining

Cloud mining is an easier and more promising option for mining cryptocurrency compared to standard mining!

It lies in the fact that you rent " computing power “, i.e. computers from large specialized companies.

❗️ That is, you will not need to spend a lot of money on the purchase of special equipment for mining - all you need is to pay a small amount of money for their rent!

According to some reviews over the past year, the profitability of cloud mining, depending on the case, was approximately 60-80% . That is, if you invested 50,000 rubles, then in a year your income would be approximately 85 thousand, of which 35 thousand is profit!

In addition, it is beneficial to use cloud mining, which is why - the chance to get bitcoins due to the huge power of the servers of these companies is much higher than if you get them separately.

Such companies subsequently distribute the earned bitcoins in proportion to the purchased capacities among all the “tenants”.

Watch a short video that briefly and simply explains what cloud mining is:

For those who do not know: the purchased power is measured in hashes. It is best to rent Gigakheshi or Terakheshi.

For example, here is one of the companies with good rating for renting capacities for earning bitcoins - hashflare(website: hashflare.io)

But cloud mining also has its downsides. Chief among them is the development of fraud. There are a large number of cloud mining "companies" that take money from users and hide in an unknown direction!

Therefore, always be sure to read reviews about them before investing your money in cloud mining companies.

And another piece of advice - it is best to withdraw mined bitcoins as often as possible - at least 1 time per month!

It is important!
In general, cloud mining, like regular mining, involves investments. However, in both cases, there are risks that these investments will not only not bring profit in the future, but will also turn out to be unprofitable.

In fact, there is no guarantee that you will earn! Although on the other hand, only risking and you can earn!

5. Earnings on the exchange of bitcoins (arbitrage)

There is another interesting way to earn bitcoins, which I learned about quite recently - this is arbitrage!

Its essence is that there is no one single price for bitcoins. Each exchange sets its own bitcoin exchange rates, which can vary significantly.

And there are a huge number of such exchanges on the Internet that allow you to sell / buy bitcoins.

So how do you make money from arbitrage?

To make money on arbitration, firstly, you need to register on 3-10 major exchanges for bitcoin exchange.
Further, it will be necessary to periodically monitor the purchase / sale price on these exchanges. By the way, this is easy to do with the help of special sites that compare courses online (for example, the bitkurs.ru/markets service).
If you notice that the price on one exchange is noticeably higher, and on the other lower, then on one exchange we buy at a low rate, and on the other we sell at a high one.

Examples of different rates for buying/selling bitcoins on exchanges

To make it completely clear, I will give an example!

⭐️ An example of earning on arbitration!
For example, you noticed that on the Bitfinex exchange it is possible to buy bitcoins at a rate of $5782, while at the same time on the LiveCoin exchange, bitcoins can be sold for $5847.

First, you buy bitcoins for $5782, and then you sell the purchased bitcoins on the second exchange for $5847. In this case, the difference was $65 for 1 bitcoin!

As you can see, it is possible to make money on arbitration, but for normal earnings on the difference in rates, more or less serious investments are required!

In addition, there are 3 important nuances that you need to know about:

Don't forget when exchanging take into account the commission , which is charged for replenishing bitcoins on some exchanges!
Bitcoin exchange rate can change dramatically almost every second, which can either significantly increase your profit or seriously reduce it.
Consider volume of bitcoins , which is available at the time of exchange on the exchanges - it may simply not be enough!

5. Earnings on changes in the rate of bitcoin (investment)

So we got to one of the most profitable ways to earn bitcoins. This is where the really big money is made. At the same time, you can earn almost no limits !

The only caveat is that this requires investments. You can usually trade bitcoin from 10$.

There are major 3 options earnings on changes in the rate of bitcoin:

just invest money in bitcoins for a long period;
trade yourself on short-term periods;
entrust money to the management of traders.

You can trade bitcoins completely over the Internet, for example, with the help of a well-known and reliable broker. Alpari(alpari.com). By the way, there are many managers here who will help you increase your money.

However, do not forget that there is always a chance of losing money, so take risks wisely and only free in cash. Cryptocurrencies are one of the most unstable and risky instruments: even in 1 day they can bring both big profits and huge losses.

— Investing in bitcoins for long periods

The number of bitcoins is limited (there will be no more than 21 million in total) - this is what makes bitcoins so valuable.

Therefore, you can invest in bitcoins on a long-term basis (for 3 months or more), so far the trend is positive and most likely (in my opinion!) bitcoin will still grow in the near future.

If you had invested in bitcoin just 3 months ago, you would now earn more than 100% . For example, if you invested 100,000 rubles, you would receive more than 200 thousand rubles.

Of course, those who bought it made good money on the growth of the cryptocurrency, when it cost 1-2 dollars at all. In this case, the profit was thousand percent !

In this case, a great buying strategy is to buy on pullbacks, that is, when bitcoin is undervalued and has fallen slightly, but the overall uptrend should continue! In other words, one should strive to buy a “product” that is in demand with a good “discount”!

Below in the picture I have shown red arrows Approximate places where you could buy bitcoins!

Bitcoin growth chart (click to enlarge)

— Independent short-term trading

In the first case, it is still desirable for you to have experience in trading in financial markets, since without it you will most likely not only not earn, but also lose your initial capital. This is tested on myself!🙂

If you decide to trade on the stock exchange on your own, you will definitely decide on a trading strategy. You can find a huge number of them on the Internet.

For me, one of the most effective strategies is Price Action, in particular trade in daily pin bars (You can also read about it on the Internet).

Example!
You bought 1 bitcoin at the rate of $5450, after 3 days you sold it for $5950. As a result, your profit per trade was 500 dollars !

Also, for the example below, with arrows, I marked pin bars for buying bitcoin, which could bring a good profit:

Opportunities for buying bitcoin in the short term

— We invest money in the management of traders

There is a slightly different way: if you have money, but do not know how to trade, then you can entrust your money to a professional manager who has been successfully trading bitcoins for years.

They will only receive a small percentage of the profits (usually 10-30% ), and in case of losses they get nothing. Therefore, managers are directly interested in bringing you profit.

There are also so-called PAMM portfolios, which combine several reliable managers and more income. Managers, for example, can be selected on the same site - Alpari!

❗️ In a month, with proper investment in managers, you can earn as 5-20% , as well as 100-300% depending on the case.

But as always, do not forget about the risk (the higher the potential profit, the higher the risk) and do not invest all the money in one manager!

7. Step-by-step instructions for earning bitcoins - 3 easy steps

For those who still do not know where to start, I have prepared a short step by step guide to make money with bitcoin.

Step 1: Register a bitcoin wallet

The first thing to do before you start earning bitcoins is to register bitcoin wallet ! In any case, you will need it to receive payments.

There are a lot of options for opening a wallet:

you can install programs on your computer ArcBit, Bitcoin Core, BitGo…)
or download applications on your smartphone ( Bitcoin Wallet, Electrum, Simple Bitcoin…)
or just register on websites ( Bit Go, Coin.Space…).

You can easily choose any suitable method of registering a wallet on the official bitcoin website (bitcoin.org). There are all links to programs, applications and sites, as well as detailed description to them.

Ways to open a bitcoin wallet

As a result, you will receive a special secret key, with which you will have access to your funds.

❗️ Important:
Save your key to safe place ! If you lose it, then it will be either impossible or very difficult to restore it.

In addition, if your private key gets into the hands of unauthorized persons, they will be able to use your bitcoins!

Step 2: Choose the right income option

After you have opened a bitcoin wallet for yourself, you should decide on a way to earn money.

For simple earnings without investments, you can use bitcoin faucets, applications on the phone and/or just try mine bitcoins using your computer by installing the program Kryptex (kryptex.org).

For example, on a simple computer with Kryptex, it is really possible to earn even the same 400-1200 rubles per month on mining. Not much, but still not bad to get them almost just like that.

More effective ways earn bitcoins require in most cases investments. If you have them, then you can:

organize a mini-farm for cryptocurrency mining at home;
just invest in cloud mining;
try to make money on arbitration;
or invest in bitcoins.

And already, depending on the chosen method, you will need to register on certain sites and start earning.

Step 3: Withdraw bitcoins and exchange them

After you have earned the first bitcoins / satoshi, the only thing left is to withdraw them to your wallet or card.

Still, you can not exchange bitcoins, but wait until their rate grows up. But there is a danger here, as the bitcoin rate may not rise, but fall.

Therefore, nevertheless best solution will withdraw either the entire amount at once, or at least 50%.

And how to do it, I briefly described below!👇

8. How to withdraw / exchange bitcoins - 3 easy ways

Feedback on earning on bitcoin mining

11. Conclusion

So we examined in detail all the main ways to earn bitcoins! I really hope that now you have a complete picture of how you can earn bitcoins.

Of course, on the first 2 methods: bitcoin faucets and applications, you won’t be able to earn much. This income is usually enough for petty expenses (for example, to replenish the balance of the phone, the Internet ...).

Other methods can bring serious income with the right approach.

In addition, do not forget that bitcoins are not the only way to make money on the Internet. There are many others - you can read about them on our website!

Yes, and do not believe people who promise you to earn huge money without making any effort on your part. These are scammers!

They only make money by selling various useless courses, programs, etc. Unfortunately, there are enough scammers on the Internet!

The main thing is to act, try and believe in yourself - and you will succeed!

Good luck, good luck and good earnings!👍👍👍

⭐️ Friends, I tried very hard to write a detailed and useful article for you! If you liked it, share it on social networks - I will be very grateful!

And also do not forget to rate the article, leave your opinion and share your experience in the comments to this article!