Surely, you've already heard some stories of people who became millionaires from one month to another by investing in Bitcoins.
But are they true, or are they just fake stories to encourage people to invest in this new cryptocurrency?
In the case of my students and in my personal experience, it is true : in January 2015 I bought my first Bitcoin for 183 dollars, and today, only three years later, those $ 183 have a value of more than $ 8,000 without having to do nothing.
All the students that I recommended to invest in this cryptocurrency, and followed my advice, have obtained more than $ 25,000 in profits during all this time.
It is true that today, if you want to buy a full Bitcoin , it is somewhat more complicated than when I did it 3 years ago because the price has gone up a lot.
That's why I want to share here how to earn FREE Bitcoins through 5 different methods.
With all these systems you will not have to invest a penny of your pocket to start having Bitcoins in your virtual wallet, and get high income.
Both my students and I have tried all these methods , and they work 100%, as well as being safe and reliable.
I admit that at first I had doubts before putting them into practice, because I was afraid of losing my money . But when I understood that Bitcoins meant long-term profits, I decided to do it.
And you should also take advantage of this unique opportunity NOW by following all the steps and tips that I am going to give you here before it is too late ...
¿ What is Bitcoin and how it?
Bitcoin is a cryptocurrency that has become very popular in the last 3 years, but unlike normal coins and notes, it can not be touched. The current price of 1 Bitcoin (as of February 8, 2018) is $ 8,132 .
The Bitcoins do not have a bank that manufactures them as happens with other currencies, but it is you, as a user of this cryptocurrency, who can create them by dedicating your resources to mining .
When there is a high demand for Bitcoin, its price goes up. If there is little demand, its price goes down. That is why its value can vary greatly depending on the day in which you look at your quote.
Being a digital currency, it has many advantages over normal currencies, such as the speed to send and receive payments , being able to be sent to any part of the world with freedom and, in addition, the security of your transactions.
The way in which Bitcoins are manufactured is through mining. This is because computers decipher codes that produce portions of the Bitcoins.
Thanks to mining, the network manages the issuance of Bitcoin depending on its demand.
Another advantage that you will get when using Bitcoins is that they can not be falsified or duplicated (as for example, it happens with normal tickets) thanks to its encrypted system.
This offers protection to users and simplifies transactions.
If you have Bitcoins, you must have them in a purse . It is quite common for people to prefer online purses , where their money is on a digital platform to protect their capital.
Where can you buy Bitcoins ?
There are many platforms that give security and confidence to make the purchase and sale of Bitcoins. But the two that I use because they have worked better than others are Localbitcoins and Coinbase.
Localbitcoins is one of the most popular sites for buying Bitcoins, especially in Latin America .
This is because you can buy Bitcoins with your national currency such as Argentine pesos, Peruvian soles, Venezuelan bolivars, euros in Spain, etc.
In Localbitcoins you will find ads of people who offer to buy or sell their Bitcoins with different types of changes, in addition to indicating the forms of payment they accept for the purchase or sale such as Payoneer , bank transfer, cash payment in person ...
I recommend that you read the following tutorial that I have created for you where I show you step by step how to use this page both to buy Bitcoins and to sell them:
In Localbitcoins you have a portfolio where the Bitcoins you buy or sell will be stored .
The advice I give you is that you try not to do business in person with another user since you could expose yourself to theft. The best thing is to do your business digitally.
To register on the Localbitcoins platform, click here , and then enter your username, email, password and complete the Google captcha.
After checking your account through your email, the platform will verify your personal information.
Depending on the country you are in, on the platform you will have access to different payment and collection methods such as PayPal, Payoneer, bank transfer, Western Union ...
The other platform that I also use to buy and sell my Bitcoins is Coinbase.
However, this page has a great disadvantage: it only works for countries in Europe such as Spain, France, Portugal ...
So if you live in a country like Venezuela, Mexico or Colombia, you can not do any operation on this site.
That's why I recommend that if you're in Latin America, use Localbitcoins to make your purchases and sales of this currency.
How to earn fast Bitcoins: 5 simple methods
- Mine bitcoins
Many people think that mining Bitcoins must be very complicated, and that you need to be a computer genius to get started in this world.
But the truth is that today things have been simplified a lot, and it's as simple as downloading a program to your computer, starting it, and letting it do the work for you.
Of course, you must have some requirements and know some things to start; for example, you will need to have an updated computer.
A computer 10 years ago will not do you much good because it will not be powerful enough to run the program to mine.
And you must also bear in mind that with this you will spend electricity.
But think about it: How many times have you left your computer on and you have not earned a penny with it ?
Surely many. And now you have the opportunity for your computer to work for you while you are not using it.
It's like having a car, and using it only 2% of the time: 98% of the remaining time that you do not use it, you could rent it and thus make a profit .
Well, mining Bitcoins is the same , only your car can steal it, and your Bitcoins and your computer can not.
What I usually do to mine Bitcoins is to leave my computer on and mine while I take my food and dinner , when I take my son to play at the park, or while watching a movie with my wife in the living room.
The best program to mine Bitcoins that I use now is Minergate . Click here to register for free.
When you are on your page, if the registration form appears in English, click to the left on the United States flag, and select "Spanish".
Enter your email and a password to register for free, and then download the program.
Afterwards, you will only have to start the program, and you will be mining Bitcoins to generate profits!
- Write about Bitcoins
If you know a lot about Bitcoin and cryptocurrencies, and you like to write, you can become a writer for a blog or a news site about digital currencies.
Many web pages need to publish a certain number of articles each day (for example, 10 posts), and that is why they are desperately looking for writers to help them with this.
In exchange for this collaboration, they pay their writers in Bitcoins instead of traditional money. So this can be a great way to get what you want!
The salary of an entry writer in a blog of this type is different depending on the experience you have, what you know about cryptocurrencies, and your level of English to translate.
But even if you're not the best, with this you can get to earn up to $ 80 for a post of 1000 words.
In my personal experience, the average price paid for writing an article about digital coins with an extension of 1000 words is $ 40.
That is to say: if you write an entry of 1000 words, and it takes about 2 hours to do it, working every day 6 hours from Monday to Friday, you would be earning $ 600 each week. It's not bad, right?
You can find this type of work directly looking for cryptocurrency blogs , and sending them a message to offer your services.
- Look ads
Here's what it's about to see ads in exchange for being paid for it in Bitcoins. It is the easiest way to access Bitcoins, but it is also the one that will consume you the most time.
With this method, you can generate small amounts of Bitcoins by registering on pages where you only have to see advertising, and click on it.
However, the profits are not many, and they will usually pay you around 0.4 dollars per hour . But it's a good way to earn extra money in your free time if you want to start with something simple.
There are also other platforms where you can do micro-jobs that range from trying a web application on a browser or retweeting a publication.
These sites work earning points for doing activities that you can then change for Bitcoins.
They have everything, such as writing in text an audio that you send , translate a writing, try an app to see if it works well on your cell phone, etc.
- Offers services for the Bitcoin platform
Of all, this is the broadest method because it includes being a blockchain developer, website administrator, miner, online seller, deposit agent, among others.
As a deposit agent you can receive profits through Bitcoin transactions, but first you must get a reputation in the community.
This is something that you will personally have to investigate depending on the service you would like to offer.
- Make loans in Bitcoins
With this method you only have to loan Bitcoins to people who have business with this currency and when you get the payment, you will have profits thanks to the interest you will generate.
The bad thing about this method is the risk you run, because some people may not pay you.
Remember that transactions in Bitcoin are irreversible , so I recommend you choose those projects to which you will make loans very well.
What is mining Bitcoins?
Minar Bitcoins is a way to earn Bitcoins by solving mathematical problems with the computer. Bitcoins are not created by any bank, government, or company , and that is why it is the same users who work on the platform, mining to discover them.
Thousands of computers around the world "mine" Bitcoins competing with each other . And the miners get the Bitcoins as a reward for solving a mathematical problem with their computer.
This mathematical challenge is always the same, but the variables are different and can only be solved by trying random numbers without stopping until you find the result.
People constantly send Bitcoins from one place to another (for example, paying another user with this cryptocurrency ).
But if nobody registered all these transactions, it could not be verified who paid what at a certain time.
The Bitcoin network manages this by recording all the transactions carried out in a given period in a list, called a block.
And this is where the work of the miners comes in: their task is to confirm those transactions and write them in the "ledger" (chain of blocks).
When a block of transactions is created, the miners give rise to it following a process: they take the information from the block and apply a mathematical formula , turning it into something different.
This new "piece of information" is shorter and in appearance is a sequence of numbers and random letters technically called "hash".
This "hash" is stored with the block, at the end of it, last in the chain at that moment.
In this way, the miners "seal" the blocks. Everyone competes with each other to do this, using software written specifically to mine blocks.
Each time someone successfully creates a "hash", a reward of 25 bitcoins is won , the chain of blocks is updated and everyone on the network is notified with it.
That is the incentive to continue mining and allow transactions carried out with Bitcoins to continue.
¿ What is needed to mine Bitcoins?
To mine Bitcoins you only need three basic things: a computer, an Internet connection, and a program to start mining. But be careful: not all software is good. And that's why down here I'm going to tell you which is the best one I've used.
Mining is a competitive business. The more miners join, the difficulty increases. Before starting to mine you must do an investigation and get everything you need.
The research will let you know if the business is profitable for you or not . For this, use a bitcoin mining calculator in which you will enter the data of the miner you want to buy to verify the time it would take to obtain the benefits.
Once you choose where to mine, this is what you will need :
- A computer and internet access
Basically, any computer can work. It can be mined with the specific processor, graphics and hardware to undermine Bitcoins.
As long as they are more powerful, you can calculate more mathematical problems and get more Bitcoins.
However, the use of specific graphic cards for Bitcoin mining is recommended . Among them are those of the brand ATI and NVIDIA.
It is also necessary to have specific hardwares to mine.
In addition, you need a permanent connection to the Internet to do the work and to send the calculations you get. No large broadband is necessary. What matters is that it is available all the time.
- A purse for the Bitcoins
It is necessary to have a place to store the Bitcoins that you generate. You must have a purse and your address . This consists of a long sequence of letters and numbers.
You must get the public Bitcoin address and not the private key , which acts as a password for your wallet.
If you use a local wallet , make sure you have a copy of the "wallet.dat" file on some USB stick and print a copy.
You will do this because, if the computer crashes, and you do not have a copy of the "wallet.dat", you will lose your Bitcoins.
- Find a mining group
A mining group consists of miners who come together to combine the power of calculation and generate more Bitcoins.
Generally, Bitcoins are awarded in blocks and it can be very difficult to earn them on your own.
In a group you will find smaller algorithms and simple to solve, so that the work of a team will be more efficient in its resolution.
On the Minergate platform you can register for free, and there you will find different mining groups with which to start discovering Bitcoins easily.
- Use a mining program on your computer
You need a mining client running on your PC to control and supervise your mining equipment.
Depending on your mining equipment, it will be determined which software will be used for the mining .
There are many mining groups that have their own software.
- Start mining
You just have to connect your mining device to the current and start it. Connect your computer through a USB and open the mining software.
Then, enter your mining group with your username and password. Here you will begin to collect participants . This represents your part of the job to look for the next block.
Depending on the group you have chosen, you can calculate the amount of coins you receive.
How to earn Bitcoins by mining?
By mining Bitcoins , new portions of this cryptocurrency are generated . At that time, your computer adds new transactions to the block chain and then searches for new blocks.
A block is a document where the most recent transactions are recorded. Each time your computer discovers a new block, you receive a specific amount of bitcoins.
Currently a block can contain 25 Bitcoins . This number changes with time, decreasing, in order to slow down the production of the currency.
Minar has become an intense hardware activity.
If you decide to mine, it is important that you acquire powerful mining devices , so that you can obtain greater profits in less time.
Due to their high costs, individual miners usually join common funds of mines, such as Minergate .
It is important that if you make the decision to mine, be it at home, through a common fund or a mining farm, develop a personal control system that allows you to be always calm.
And the best of all is that checking the production of Bitcoins through a mining device is very easy, since from a conventional PC it can be done easily.
How do I invest in Bitcoins ?
Investing in Bitcoins is like any other investment. With an amount of money you have you can buy Bitcoins or invest in them in the stock market, and thus achieve higher profits.
Because of its price, many people see the opportunity to earn large sums of money or increase their savings over time.
To do so, you must necessarily choose a method. Although they are not the safest mechanisms, online wallets have become one of the best tools for people who want to buy, especially on a small scale.
In addition to that, the world of Bitcoin provides different investment options , which go beyond the simple purchase.
The trading market works to buy and sell different financial assets , and can currently be done from online platforms that have brokers.
IQ Option is one of the platforms that offers the possibility of being able to invest in Bitcoins with them and thus generate more profits.
This is the broker that I use right now ( along with eToro ) both to invest in Bitcoin and Ethereum, and the best thing about this is that you can start doing your operations with only 10 dollars.
- Risk alert: highly volatile investment product. Your capital may be at risk. My readers are very important to me, and that's why I recommend you not spend the money you do not have.
Before starting to invest your money in a real way, I recommend you open an account in IQ Option for free, and practice with your demo account first a little to familiarize yourself with the platform.
In this article I teach you step by step to do it: How to open a demo account in IQ Option to invest .
Once you have practiced with the demo account, it is time to start investing your real money operating with Bitcoin or with other cryptocurrencies such as Ethereum or Litecoin.
My students earn a lot of money with this (Elisabeth, one of my students, made $ 2967 last month with IQ Option), and they started investing only $ 10 at the beginning.
You can also get it if you follow the steps that I frame you in this article , and start today to operate with cryptocurrencies like Bitcoin.
I also recommend this article on the best pages to win free bitcoins.
What ways to earn Bitcoins have you used from the ones above? Leave me a comment below and tell me your experiences!!