Bitcoin!!! This currency started ringing bells in ears in 2017 when there was a boom in the market. I didn’t have enough funds to buy into such a currency which was in thousands of dollars, in fact, I did not have any money to buy the smallest satoshi but I wanted to be a part of a change and I never wanted to miss out of an innovation which could change lives in the future. I wasn’t first intrigued by the coin, I was first concerned about the blockchain as it was the major thing that caught my attention. The fact that it was immutable gave me a reason to trust and admire the technology then I started growing interest in Bitcoin.
2017 and Faucet
I started finding ways to gather Bitcoin since I couldn’t afford to buy any fraction, I needed to get it for free. I was able to find so many Bitcoin Faucet and other Bitcoin related games where I could gather a very little amount of satoshi. I did this for about a year not worried about the time it consumed and the amount I made, I was just determined to make something out of it. At the end of the year 2017, I was able to make about $5. You might wonder why such a small amount? Well, faucets were only paying very little and as the time I was going to move it to a blockchain wallet, transaction fee took a large portion of it.
Had to learn about Bitcoin and it Prospect
I then went to Bitcointalk to get more information about Bitcoin and this was where I found out about the Coinmarketcap, exchanges like Poloniex, Binance and many more. I had to learn how to trade Bitcoin for other coins as well as how to trade bitcoin to fiat and vice versa. This was the beginning of my learning process.
Bitcoin Trading
Soon, I started trading Bitcoin margins and I must confess that my first trade was a complete failure. I did the trade not because I wanted to make lots of money but because I wanted to understand how it worked. Sonn I also moved to P2P trading of bitcoin to fiat and vice versa. I was able to make a few profit from this but when the price of BTC dropped, i always experience a downtime in business.
Bitcoin is King
Bitcoin without any doubt has proven to be the king of all cryptocurrency and it is proven that in the next 10 years, it will still hold that title, as most exchange pair other coins and tokens with BTC. Also, there is a high chance of bitcoin reaching mass adoption in 10 years from now following the improvement in technology and the fact that government institutions are already regulating cryptocurrency and it is already getting traction in the business world.
Conclusion
Bitcoin has created a way for me to learn more about the blockchain, make a living while trading it as well as understand the future of finance. Thanks a lot for reading my post, I hope you enjoyed it. Please leave your comment below, I will appreciate your comments.
The Price of Bitcoin (BTC) will be 13910.42 USD on the 31st of Octorber.
Image Credit
Pixabay
Trade on all cryptocurrency exchanges from one interface! - https://kintum.io/
Trade on all cryptocurrency exchanges from one interface! - https://kintum.io/
Trade on all cryptocurrency exchanges from one interface! - https://kintum.io/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Best signals, and trade bot! - https://jamm.to/
Best signals, and trade bot! - https://jamm.to/
Best signals, and trade bot! - https://jamm.to/
Best signals, and trade bot! - https://jamm.to/
Best signals, and trade bot! - https://jamm.to
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is SPAM
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I used to love using the faucets, they were just quick ways to make a few pennies, maybe a dollar or so. Very useful for people who were just starting out!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
But it can the little pennies can become highly fraustrating when it doesn't seem to increase, it is however helpful for beginners.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great work man!Lets continue!
Also please like and comment my post!
https://steemit.com/blockchain/@vitek147/invizion-blockchain-project-that-will-save-us-from-garbage-and-save-our-planet
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello @vitek147
Asking for a vote and comment is not recommended. It's too obvious.
That's something you earn over time.
Comment on as many posts a day as you can, with comments that add value to the posts. And with time your number of users will increase, and at the same time the desire to support you.
But not this that you just did...
#twopercent #colombia
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello @ajewa
At first I also used some taps, but I soon realized that they were useless. It's very little that you earn, however, it gives a good feeling to the moment.
The learning curve is usually slow when it's something new, but I'm sure you have a better basis for understanding all this.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are right, it builds a strong basis for learning about the system.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are right, it builds
A strong basis for learning
About the system.
- ajewa
I'm a bot. I detect haiku.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 16 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.
I upvoted your contribution because to my mind your post is at least 3 SBD worth and should receive 67 votes. It's now up to the lovely Steemit community to make this come true.
I am
TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!Have a nice day and sincerely yours,
TrufflePigDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit