Having Bitcoins or BTCs these days allow you to pay for products delivered or services rendered. Bitcoin is a form of digital currency that is slowly accepted by the real world. For instance in the Dutch city Arnhem, there are different services available for those who are willing to pay with BTC.
Aside from paying for products and services, here’s how to optimise your bit coin:
You can optimise your BTC is you know about trading. Aside from earning BTCs, you stand to gain fiat currencies. There are many trading strategies that you can consider to increase your crypto holdings. The key here is to boost your skills. To minimise risk, you should start with a little amount and when you feel more confident, you need to go for bigger earnings.
There are significant earnings in BTC lending but with anything, this involves risk. BTC lending operates through intermediary websites. When you look closely, BTC has a simple concept – you will act as a bank lending BTC to another person with interest.
Since the market is unregulated, the interests tend to be generally higher. With this, you have the potential for higher returns. However, there is a drawback – in the event that the borrower does not pay back the BTC, there is little recourse available.
You can also optimise affiliate marketing. You can incorporate this if you write for BTC sites. If your site or blog is a success, it has the potential to make more money through BTC affiliate marketing.
You must be aware that BTC is a form of marketing where you get paid a percentage of the commission for every referral that you bring to an existing BTC business. If you operate an affiliate program and your blog is frequently visited, the commissions could be unlimited.
Providing BTC-related services
Whether you are a mining expert, online marketer, web developer or software developer, you can provide BTC-related service and then earn. The payment will depend on your level of expertise but for sure, there are many opportunities to get involved in BTC development projects. If you open your mind, there are many start-ups that you can take part in.
If you are up for it, you can win BTCs during gambling. Gambling presents you with the easiest way to earn BTCs but it can be risky. If you really want to try, you should tread carefully because it can lead to gambling addiction. If you succumb to addiction, you will lose everything.
You can optimise your BTCs if you have a goal – whether short term or long term. More importantly, you should have substantial knowledge about BTC to mechanise it for your own good.
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