Hi Steem community, would like to share some thoughts thru my personal experiense, like how to make money with crypto....
So here we go, working method number one - bitcoin mining. This method of earnings i consider quite complex and is usually not recommended for beginners.This process entails the use of complex machines that are expensive and consume enough power to solve mathematical algorithms in exchange for bitcoins.
If you want to participate in the development of bitcoins and and ready to invest in expensive equipment for the production of crypto currency, i strongly recommendto join the mining community or farm or pools. This is an effective way to facilitate the connection of single miners into groups. Among the most popular communities are:
Antpool;
BTCC;
SlushPool.
Next one is Bitcoing Cloud-Mining
You can participate in the development of bitcoin-cloud computing. Bitcoin-cloud development is a process of bitcoin extraction using a remote data center with a total processing power.Cloud mining is beneficial for individuals, as it allows them to carry out their activities in the production of crypto-currency without the need for equipment management.This allows you to earn bitcoins without software, hardware, bandwidth, power or other resources.The most authoritative cloud company is Genesis Mining. By the way, the time that you need to start earning on cloud mining, can take more than a year, and this is provided that the priceof bitcoin doesnt go down.
Bitcoin Faucets
If you like to play games or be able to view useless advertising, you can visit bitcoin faucets websites.These websites generate revenue from ads placed on their pages, and give a small part to their users. All you need to do is register your bitcoin address and earn daily bitcoins on ad views through special websites.Although this method of earning crypto is considered slow. Some of the most authoritative and large bitcoi faucets:
Moon Bitcoin;
Bitcoin Aliens;
BTCclicks.
Trading
If you like financial markets and regularly trade on the Internet, than it can be a way for you to make money with bitcoin.When it comes to trading bitcoins, the basic strategy of speculation is applied. You buy when the currency has a low value, and wait until the price grows, and then sell it.
Gambling
If you like to play online gambling and want to earn bitcoins, then you can use the services of bitcoin-casino. Among the leading online gambling sites for bitcoins are:
Starcoin;
Crypto Games;
BetKing;
vDice.
Investing in short terms Bitcoin loans
You can also use your bitcoins to provide them to entrepreneurs and small companies using the Bitbond platform. This service will allow you to generate a high enough profit by providing loans.This allows you to finance those who have difficulties obtaining a loan from the bank. However, do not forget that you can reduce the risks of losing funds only in one way - by lending to a number of borrowers, rather than investing all your money in one loan.
Modern methods of earning on crypto-currencies are quite diverse in their implementation, so you can choose something for yourself, focusing on your own capabilities and knowledge.
I would like to hear ur thoughts and share ur experince ur have...
Thank u