What is Bitcoin in simple words

What is Bitcoin

Contents 1 What is Bitcoin and Satoshi in simple words 2 History of Bitcoin creation 3 Advantages and disadvantages of Cryptocurrencies 3.1 Advantages 3.2 Disadvantages 4 Ways to earn money on Bitcoin What is Bitcoin and Satoshi in simple words Bitcoin is an online Internet wallet READ MORE >>



How to Make Money on Cryptocurrency in 2018

Earning cryptocurrency in 2018 for many people seems to be one of the most difficult tasks. At every step bitcoins are discussed, they are constantly in a trend and everyone wants to get these digital coins.

How to get a cryptocurrency? There are many ways of earning money and they are not so difficult. It's just that people start to complicate the topic, but in reality everything is simple.

Many of us did not think about the fact that it is possible to earn bitcoins and get good money on it. To begin with, you need to create your wallet, and then choose a method by which you will earn a cryptocurrency.

Cryptocurrency Mining

You will need to install a special program on your computer that will perform the mathematical calculations and send the received data to the server. Of course, the more you want to earn, the more powerful should be your computer.

Many miners create farms on which they receive thousands of US dollars a month. If there is no money to buy an expensive hardware, you can use cloud mining.

Getting Cryptocurrency on the Websites

You are paid for entering a website and performing certain actions on it, for example, viewing advertising. To get several satoshi, you will need to perform tasks on the websites that are called bitcoin faucets, and after a short period of time your wallet will receive satoshi.

Earnings on the Exchange Rate Changes

It is subdivided into two ways, for example, to buy a promising cryptocurrency and wait a few years. Perhaps, through this time the exchange rate will increase. The second way is a cryptocurrency trade in the forex, many exchanges have already included this currency. Therefore, you can trade it, as well as other currencies.

For beginners, the second method is suitable, since it does not require a huge knowledge. If you already have a little experience in collecting a cryptocurrency, then try yourself as a miner and earn your first bitcoins.