HOW TO MAKE MONEY WITH BITCOIN – A Simple Explanation
July 8, 2018
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HOW TO EARN WITH CRYPTOCURRENCY: BEGINNER’S GUIDE
Today we’re talking about the two ways that people are doing to make money off of Bitcoin. The first way and the easiest way is just, well, buying Bitcoin!
So, if you look at the chart on the video, you can see how much Bitcoin has grown over the years, for example when Bitcoin was worth $2000 a coin, people sold it when it peaked at $7000 six months later.
The second way is called Day Trading, where people use charts to figure out where Bitcoin is going to go in the next few days or weeks. Now this way is much more short term and it’s mainly for people who aim to make a bunch of money over, and over, and over again.
In essence, what they’re doing is buying low and selling high: they’re buying when the price is low and selling when the price is high, but there’s a lot of time that has to be spent learning how the chart works and watching the patterns.
If you’re interested in buying cryptocurrencies I have a COMPLETELY FREE GUIDE – specifically designed for beginners, but with tips even more experienced individuals might’ve not known – on how to NOT LOSE MONEY and get in on the cryptocurrency game:
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