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Bitcoin and its buying and selling is one of the most attractive opportunities to earn money online and invest, which is increasing the number of its fans every day. In fact, there are many ways to make money through bitcoin, and it is safe to say that none of these methods are free (time or money).

Getting bitcoin requires time and money. Many sources suggest ways to earn free bitcoin that we think will not save you any time. Therefore, it is better to use the standard methods that exist in the world to extract bitcoin and obtain them.

Some people think that because bitcoin is a new kind of currency, it can be a magical way to earn money. I’m sorry to say that, but Just like the usual ways of earning money, earning bitcoin is also risky. So please forget your optimistic and dreamy view of it.

Getting bitcoin, like all other methods of earning money, requires money and time. In fact, you should invest your time and money to get bitcoin.

All the methods that I will introduce to you in this post are graded based on the following:

• How much effort is required to use this method?
• What is the risk of this method?
• How Much Money Can You Make Through This Method?

All the methods that I will introduce to you in this post are methods that we have tried in practice so far. So you can be sure that we are talking about experience. So stay tuned:

1. Make small money from bitcoin

• Effort: High
  
• Income: Low
  
• Risk: Low

One of the cheapest, easiest, and most time-consuming ways to monetize bitcoin is to make very little bitcoin. These methods are such that you can get very small amounts of bitcoin by doing small tasks and spending time.

One of these methods is to use PTC sites that you can get by clicking on Bitcoin ads. Another way is to register for fasts, which I will explain in the next article.

How small is the income through this method?

According to our calculations, if you click on the buttons to see the ads without stopping, you can earn between 5 and 40 cents per hour, which with this amount you will not be sure of this small income, even incidental expenses such as consumption. Can cover electricity or not!

2. Set up fast

• Effort: Medium
  
• Income: Low
  
• Risk: Medium

Faucet are websites that reward bitcoin for their tasks. Some of these tasks are watching promotional videos, installing mobile apps or even playing games, which you can do to earn bitcoin.

Now that you are familiar with the meaning and concept of fasts, let’s move on to the main point…

Instead of using fasts, you can start your own fast and start selling ads. According to our research, setting up a fast and generating good traffic (at least 400 hits a day) and getting multiple ads can generate around $ 1,000 a month.

Of course, you have to keep in mind that setting up a fast and bringing it to income requires a lot of time and effort, and in addition, having expertise in the field of SEO and digital marketing is also important.

3. Buy and sell bitcoin

• Effort: Medium
  
• Income: High
• Risk: High

One of the fastest, easiest and most risky ways you can get bitcoin is to buy and sell bitcoin. The bottom line is that when bitcoin or any other digital currency goes down, you buy some of it and when it gets expensive enough, you sell it and make a lot of money. .

Digital currency traders spend a lot of time learning how to buy and sell and how to overcome its risks. Successful traders know that they may lose money in the short term, but they see this as a cost to learn and continue to buy and sell as long as they dominate the market.

So if you want to become a digital currency trader, first make sure you have enough capital and time to learn and gain experience for it.

4. Participate in sales cooperation programs

• Effort: High
  
• Income: Medium
  
• Risk: Medium
  

One of the most neglected ways to monetize bitcoin is by participating in affiliate marketing programs. The way it works is that you introduce a link or advertisement of a service or product to your users and receive a commission in return for selling it to Bitcoin.

There are many ways to share affiliate links in your sales. One of these ways is sharing on social networks or blogs, which can lead to good results.

5. Betting and gambling!

• Effort: High
  
• Income: Medium
  
• Risk: Very High
  

Betting and gambling have been known as methods of earning money from the past until now, in addition to its legal ruling, it is always associated with many risks. Gambling for Bitcoin is no exception. The only difference with other methods is the difference in the currency in which bitcoin is used for games on such websites.

Since this method is for introduction only and has very high risks, we will avoid further explanation about it and move on to the next method.

6. Bitcoin Mining

• Effort: Medium
  
• Income: Medium
  
• Risk: High

Most people become acquainted with the extraction of such currencies right after learning about them, and think that they have found a wonderful housework that others have not yet discovered!

But what really exists is miles away from this thinking. In addition to knowledge, bitcoin mining requires powerful hardware components, convenient space, and high electricity costs, which makes the risk of this method very limited.

Extracting other currencies is much cheaper and easier than bitcoin. But this cost is less only related to hardware and costs related to electricity and maintenance such as bitcoin mining are high.

Sometimes you come across websites and apps that tell you we’re extracting coins for you. Most of these services are very useless and in most cases the profit for you is equal to the cost of electricity and battery consumption of your device.

Another method you can use is called cloud extraction. In this way, instead of spending money on hardware, a company does it, and you share in the profits by signing a contract with that company. Cloud extraction is generally done in the following three ways:

• Hosted mining: Rent a mining machine.
• Virtual hosted mining: Get a private virtual server and install your mining software on it.
• Leased hashing power: Rent some processing power, without the need for a virtual or physical computer.

7. Daily sales

• Effort: Medium
  
• Income: Medium
  
• Risk: Medium
  

Daily trading is one of the ways to earn money through bitcoin. In this method, bitcoin is traded in 1 day. In fact, you can make a profit in this way with market price fluctuations. Therefore, this method is recommended for people who have enough capital for a good daily profit.

Such fluctuations may be based on market trends or merely rumors. So people who choose this method should regularly follow the news and margins of digital currencies in order to be able to predict some fluctuations and market events.

8. Set up a bitcoin trading robot

• Effort: Medium
  
• Income: Medium
  
• Risk: Medium

Setting up a bitcoin trading robot is an advanced method that can make good money if you do it right. In the following, you can get acquainted with the types of these robots:

CryptoTrader

Cryptotrader Robot is a trading robot that provides users with automated trading solutions. In fact, Cryptotrader allows its users to buy the solutions for their desired transaction or put their solutions for sale.

3Commas

3Commas is a very popular trading robot that works with various currencies such as Bitrex, Bitfinx, Binance, Bitstamp, Cocoin, Polonix, GDAX, Cryptopia, Hobby and YOBIT. This robot works with any device including mobile phone, home computer, laptop, tablet, etc. and allows you to activate the loss prevention and profit system and copy the activity of the most successful users and use them as a template. do.

Cryptohopper

CryptoHoper is an automated trading robot that means it can exchange virtual currency 24 hours a day. Whether you are at the computer or not. This system allows you to trade based on certain indicators or subscribe to a signal that sends buy signals. According to their website, “they are the first and only automated virtual currency trading robot that integrates signals from foreign professionals.”

9. Selling products or services

• Effort: High
  
• Income: Medium
  
• Risk: Low
  

Another way to earn bitcoin is to sell products and services. You can launch your product or service in English by launching a global website and receive bitcoin in exchange for money. For example, you could start a website selling specific WordPress or Joomla themes and plugins and put them up for sale.

10. Buy and sell bitcoin with exchange offices

• Effort: Medium
  
• Income: Medium
  
• Risk: Medium

In this way, you can monitor the price of all online exchanges (Exchange) and then buy your desired currency from the exchange that has the lowest price and sell it to the exchange that buys the most expensive. Note that in this method, your profit will be significant when your purchase volume is high. The reason for this is because the distance between your purchase price from one exchange and your sale to another exchange is very, very small.