- Earn Bitcoins accepting them as payment method
- Earn free Bitcoins by completing steps on internet pages
- Earn Bitcoins with interest payments
- Earn Bitcoins by mining
- Earn Bitcoins receiving tips
- Earn Bitcoins with stock trading
- Earn Bitcoins as regular income
- Win Bitcoins by betting - (it's not something for everyone)
- Win Ethereum with Steemit
1. Earn Bitcoins accepting them as payment method
In my opinion, the main and easiest way to earn Bitcoins is by accepting them as a payment method. If you have a small business, the integration is quick and easy. It does not matter if you have an online store or a traditional physical or if you sell products or services. You have to follow the following three steps:
Get a Bitcoin wallet online from Coinbase. If you are not sure what a Bitcoin wallet is, visit the What is Bitcoin section. There are also other providers apart from Coinbase. When you open your account with LocalBitcoins you will receive a free Bitcoin wallet with a wide range of functions. See which of them serves you better. And remember that no wallet is absolutely free of dangers so be careful with your money. Above all, make sure that your Bitcoins are stored in a safe way in 2 or 3 different places.
Display a QR code with your Bitcoin address next to your cash register. There are two options here.
When you have your wallet, go to the section that says 'Receive Money' or 'Add Funds' or something similar. There you will get a QR code that has your Bitcoin address encoded. Print the image with the QR code and put it next to your cash register. Your customers will normally have a Bitcoin app installed on their phones where they can enter the value of the purchase in dollars or euros. Your apps calculate the corresponding Bitcoins value. Automatically calculates the current exchange rate to get the correct amount. In your wallet account you can confirm receipt of payment.
Some wallets offer the 'Receive Money' function. When you earn Bitcoins receiving them as a form of payment very frequently, it is very useful to use the button called 'Create a Payment Request'. There enter the amount of Bitcoins that the customer must pay and you will automatically show the corresponding QR code. This way customers do not have to enter an amount, which makes the payment process easier for them. To use this method, you must first calculate the price in dollars or euros in a Bitcoin amount before you enter it so that the QR code is generated.
- Show the logo 'Bitcoin accepted here' at the entrance of your store to show everyone your innovative payment integration.
That is all. It's very easy so start earning Bitcoins now by selling your products and services! This was just a brief description of how to earn Bitcoins by accepting them as a payment method. These links are also useful:
How to accept Bitcoins for small businesses (in English) includes more information for online businesses.
The Bitcoin Wiki Trade page shows you which other businesses already accept Bitcoins. Add your store here to get more publicity.
Coinmap (in English) is an OpenStreetMap where you can see the geographical distribution of businesses that already accept Bitcoins. Add your store here too.
There are other lists and records where you can add your store. The two mentioned are the ones that work best in my opinion. If you have a list that you think works very well and is complete, contact me. I would be willing to add other links here.
2. Earn free Bitcoins by completing steps on internet pages
There are many pages which offer you win free Bitcoins. As is the case with most of these pages, the idea is to visit the page and just by having a look you get a small amount of Bitcoins. The concept has something in common with watching free television. You see advertisements to see then something you really want to see, such as a movie or music videos.
While this concept is legitimate, what you earn for the time you invest is very small. So when you receive Bitcoins from these propaganda pages, Bitcoins come with a cost of your time. As the saying goes 'there is no such thing as a free lunch'. But take a look yourself. Here is a list of some of the pages that I think are interesting.
BitVisitor : Earn Bitcoins by viewing internet pages or videos. Each page is shown for five minutes. Then you can click 'Next' as confirmation and continue to the next page. What I like about this page is that what you earn, you win after more or less an hour. This is a great advantage compared to the other pages that pay Bitcoins in exchange for completing certain steps. Also, you do not have to have a user account here, just enter your Bitcoin address. The amount of Bitcoin you can earn is limited, however. For five minutes, you can earn something like μBTC 100 (that's 100 micro-coins or BTC 0.00001) which means that your hourly profit is more or less BTC 0.00012. It is not much money but it is a start to earn your first Satoshis and get familiar with Bitcoin. And keep in mind that the gain for five minutes varies. So the calculation above is only valid if the average gain for five minutes is μBTC 100.
freedigitalmoney.com : Earn Bitcoins receiving profits for purchases made in Bitcoin. On this page you also do not need to have a user account and you just have to enter your Bitcoins address to earn Bitcoins.
CoinWorker : Earn Bitcoins by completing analytical steps. A user account is necessary. I have not tried this service but the profits seem to be a little higher than with the pages already mentioned.
Bitfortip : Earn Bitcoins by answering forum responses. This is a good service because it attracts people who are interested in Bitcoin and many other topics. At the same time, it allows you to pay in bitcoins for answering questions. This is something that would not have been possible without a currency like Bitcoin that has a low transaction price and instant transfer.
Earning Bitcoins by completing steps on internet pages is a viable option to earn Bitcoins. But do not expect your income to be very large. I consider it as a first step to familiarize yourself with Bitcoin in general. In addition, it is interesting to see what kind of services have been made available through a money transfer without problems.
3. Earn Bitcoins with interest payments.
If you already have some Bitcoins, put your Bitcoins to work for you. Earn Bitcoins through interest payments making loans.
Make a loan directly to someone you know. This allows you to personally evaluate if the borrower is reliable. Then the two only have to agree on terms such as duration and interest rate. The disadvantage is, however, that you probably will not find many acquaintances that are compatible with the amount, duration and interest rate that you demand and expect. But it's a good way to
earn Bitcoins.Bicoin's peer to peer loan pages with lists of several borrowers are another option. Bitbond is an example of a peer-to-peer loan page. Borrowers post loan applications and can contribute to the loan. You can finance small portions of many loans and in that way diversify your risk of loss. Bitcoin loans usually work in the same way as a traditional currency loan. The borrower gets a certain amount of money for a certain time and repays the money with interest. There are two things that you have to take into account when you make a loan with Bitcoins. The pages must be reliable and the borrower must also be reliable. When the page evaluates the creditworthiness of the applicants, the information disclosed about the borrowers can be more reliable.
A Bitcoin bank as a model. Here you deposit your Bitcoins as a deposit with a page that pays a fixed interest rate. As is normal in these cases, this method has advantages and disadvantages. The good thing is that you do not have to diversify your Bitcoins with several borrowers. You just put your Bitcoins with your Bitcoin bank and that's it. Earn Bitcoins in a continuous manner with interest income. However, be very careful. In the previous case of peer to peer loans, you diversify your lending activities with several lenders. In the bank model you trust only a single borrower which is the bank in this case. If the bank does not do a good job handling your Bitcoins, everything can be lost suddenly. This is because the bank takes your deposits and invests them in assets, of which the most important are loans. If you do a good job, you'll be fine because you'll simply collect interest payments. If you do not do a good job, you will be affected because your deposit is not insured in the Bitcoin world.
To summarize, making loans in Bitcoin is a good way to get more Bitcoins from the ones you already have. And please take this statement into account: just make loans through pages that you consider reliable. These pages will meet the requirements that you normally expect from other similar pages that are not based on Bitcoins. This means that they have appropriate terms and conditions, reveal their incorporation status and contact information. Some pages in the Bitcoin world do not do that and then people wonder what happened to their Bitcoins. Therefore, when you earn Bitcoins with Bitcoin-based loans, pay attention to who you are dealing with and only use Bitcoins that you can afford to lose.
4. Earn Bitcoins by mining
Minar Bitcoins is the process by which new Bitcoins are generated. When you mine, your computer adds new Bitcoin transactions to the block chain (a public record where all Bitcoin transactions are saved) and searches for new blocks. A block is a document that has the most recent Bitcoin transactions recorded in it. When your computer discovers a new block, you receive a certain number of Bitcoins. Currently one block contains BTC 25. This number changes over time and decreases every four years in half.
Since the mining of Bitcoins has become an intense hardware activity, it is therefore a costly activity. For that reason most of the individual miners join what is called a common pool of mines. One of the common funds of mines with which you can connect is the BitMinter for example. By giving computational powers to the common fund, you can earn Bitcoins without having to build your own large mining farm. There are entire communities based on Bitcoins and besides that you can earn Bitcoins, it's also fun. You meet new people online and get deep knowledge about Bitcoin as protocol and technology.
If you want to earn Bitcoins by mining, keep in mind that it is expensive and it is a process that takes time. Read the respective introductions and manuals to learn more about the subject. This page is a good starting point. Unless you're out of curiosity and want to learn about technology, it's important to do a cost-benefit analysis. The prices of hardware and electricity, the difficulties of bitcoin and the value of Bitcoin influence the profitability of mining Bitcoins. If all this sounds interesting to you and you want to earn Bitcoins by mining, make your first calculations in the Mining Dashboard.
5. Earn Bitcoins receiving tips
When you earn Bitcoins through tips, it is very similar to accepting Bitcoins as payment method. You need a wallet, a QR code with your Bitcoin address and the people who can potentially give you tips need to be aware of it. There are several places where you can receive tips from Bitcoin.
Again, your store is the first place to start if you have one already. It's a bit simpler because given that the tips are voluntary, you do not really need to verify that the payment you're going to receive has arrived and its exact amount. Simply show the QR code and see each day what you have received.
With tips, the good thing is that you do not need to have a store. A blog for example or any other page is enough. You can show your QR code or simply your Bitcoin address at the bottom of your page or whatever is convenient and let people decide how much tip to give you. You can also see how this looks on the blog in German bitcoins21.
Another very good way to receive tips online is with ChangeTip. This service allows you to integrate tips into the most important social networks, on YouTube and on GitHub. Is very good!
Imagine you have a restaurant and you want customers to give you tips with Bitcoins, then there is a good service for it: bctip is a page where you can print a paper receipt that has a bitcoin balance. When your client has one of them, he or she can simply give it to you or your employee and you can then exchange it as if it were a coupon.
6. Earn Bitcoins with stock trading
Some would say that stock trading is a way of betting. Although the two things have things in common, there are also fundamental differences. When you bet (assuming it is a fair game) you have a certain probability that you win or lose. When you do stock trading with goods, it gets much more complex. I do not want to go into details here. I just want to briefly describe the concept of how you can earn Bitcoins with stock trading.
The easiest way to make money with stock trading is with the arbitrage. In itself, this means that you discover an opportunity to buy a good in one place for a certain price and sell it immediately elsewhere for a higher price. It is important that you know that you can sell the good immediately at a certain price. If this is not the case, then we are talking about speculation - or bet, as you prefer to call it.
The Bitcoin world in my opinion offers such arbitrage opportunities. But they are not simple to execute as it might seem at first sight. Price differences between exchange rates frequently exist for certain reasons. The speed of traditional money transfers and access restrictions are just some of the most important. You have to find concrete opportunities yourself. A place to start that in Bitcoin StackExchange. Also, not every opportunity is available to everyone. Go and take a look at the price differences between exchange rates and see if you can get opportunities.
If you want to try arbitration, you have to get Bitcoins almost immediately. One of the few sites where you do not need to create an account is in bit4coin. If you find an opportunity and want to act immediately, this is a way to get Bitcoins quickly. If you can win Bitcoins with arbitration, it can be very profitable after all. But start with caution as it requires some experience.
The other way to earn Bitcoins with stock trading is with simple speculation. In this case you would buy Bitcoins, expect the price to increase and then sell it for a traditional domination currency. When the price drops, buy more Bitcoins and start again. For this to work, you have to be very lucky or be able to predict the future.
There are people who are good stock traders and who can recognize patterns by looking at the price charts. But that's something very specialized and I'm not sure I believe in that. So for me, if you want to earn Bitcoins in this way, it can also be categorized as bets. And actually, it's more risky if you compare it to a fair game where you know the odds. When you speculate with assets, you can extract your probabilities from historical prices. But never begin to believe that this can tell you something about the future reliably.
7. Earn Bitcoins as regular income
Receiving your monthly salary in Bitcoin is probably the most regular way to earn Bitcoins. There are not many organizations that would pay you in Bitcoins but at least there are some. And maybe there will be more as acceptance increases continuously. Gavin Andresen, main developer of the Bitcoin Foundation said in this interview that he receives his salary in Bitcoins. And it may be that if the company for which you work accepts Bitcoins then it is willing to pay you in Bitcoins.
In addition to being employed in a nonprofit company or organization, you can be yourself and receive payments in Bitcoins. Here is a list of pages where you can get job offers or where you can place an offer yourself. It is a very convenient way to receive Bitcoins as salary in this way because many jobs can be done from home.
WorkForBitcoin is a page where you can do both, place a job advertisement and look for an advertisement. Many of the jobs available are related to programming. But other fields also exist and it is worth seeing if there is something that interests you.
Bitcointalk Forum Services Section is another starting point to search for jobs that are paid in Bitcoins. Some of the works are easily done within a short time so it is a good way to earn Bitcoins quickly.
Jobs 4 Bitcoins on reddit has a focus on job ads for programmers. Again, it's not just programming and it's definitely worth checking out the different offers.
BitGigs on a job posting page with variety in job offers. The variety is really impressive so take a look.Coinality is different because it does not simply place job ads where you can earn in Bitcoins but it shows the offers on a map. This is useful if you are interested in a job that is close to where you live. The number of ads is not very high but when you increase the offers over time it will become more interesting.
XBTFreelancer is another page of paid job ads in Bitcoins. These works are mostly related to software. If you have a programming or computer skills, then it is likely that it will be easy for you to earn Bitcoins with your experience.
And of course, you can start your own business related to Bitcoin and earn Bitcoins that way. You can have a business selling products or services or manage a website and put CoinURL ads. If you want to start or you already have a traditional physical store, go here to download for Bitcoins. The information shows you how easy it is to integrate Bitcoins as a payment method in your store.
8. Win Bitcoins by betting - (not something for everyone)
To be honest, I'm not a gambler. But it's a way to earn Bitcoins so to complete this list, it has to be mentioned here. However, I will not list the links for the betting pages here. It is very easy to find them if you are interested. And if you click on some of the links above, you probably already found some of the betting pages in Bitcoin.
9. Win Ethereum with Steemit
with @steemit a new platform where to post your posts you pay, this community has been growing transcendentally, since users with this platform have found a way to work comfortably as it is treated as a social network, if Facebook had its own virtual currency and pay you to publish would be the boom of the world.
my congratulations to the developers of such an important platform since it is not necessary to spend money on machines to be able to mine bitcoin, ethereum among other mining platforms.