How to Make Money with Bitcoin Using The Best Opportunities

So you wanna start making money with Bitcoin?

Although a lot of people get into Bitcoin in the hopes of making a quick buck, the thing is, in the real world, there are no free meals. And this is also true for cryptocurrencies. But certainly, there are a number of Bitcoin and cryptocurrency-related money-making opportunities.

Usually these money making opportunities go in the two categories, either Passive, or Active.

Generally speaking, passive income opportunities are methods which once set up correctly require very little or no effort at all to maintain. This can mean it needs a heavy investment, or it has a steep learning curve or something else that makes it passive over time.

And if you want to learn more about these passive income opportunities, do not hesitate to check our separate guide, as we’ve put all of our information on this article:

Ways to Generate Passive Income with Cryptocurrency.

The guide you are still reading is more focused on active income opportunities. This means it puts more heavy effort in showing you how you can initially obtain those precious cryptocurrencies, which then in turn can be invested back into passive income opportunities.

That being said, here are some of our favorite ideas and opportunities in which you can make money actively using Bitcoin or a variety of other cryptocurrencies.

Page Contents

[show]

Start Trading Cryptocurrencies

Learning how to trade cryptocurrencies can be either dangerous or life-changing opportunity for you to make money. Since bitcoin and other cryptocurrencies can offer incredible once in a lifetime opportunities.

This is especially true if you have the thrive for knowledge and love towards financial markets. As a trader, you are required to buy low and sell at a higher price, to generate profit.

Don’t let your mind fool yourself tho, trading can be a lot harder then it sounds, but provided with a piece of right knowledge can tremendously change your life going forward in becoming a profitable cryptocurrency trader.

Here’s some of our top notch guides for you learn more.

Start Playing Poker With Bitcoin

There are many gambling sites accepting Bitcoin. However, Gambling is a lot different than playing poker professionally. And playing poker professionally has a lot of similarities to trading, you’ve gotta master your emotions, and the meta of poker itself in order to control the risks.

Best Bitcoin Poker Sites – A Guide For All Players

Start Blogging On Decentralized Social Media

Decentralized social media platforms allow access to free and open conversations without constant censorship and harassment, this is because the platforms give users total control of their accounts.

Decentralized social networks are built from the ground up to be immutable, meaning in many cases the platforms are literally incapable of deleting, blocking, or moderating users’ behavior.

Many of these decentralized social media networks have also build incentivized content creation methods that pay and reward users for creating more content.

Best Decentralized Social Media Networks

Invest Into Precious Metals Using Bitcoin

Are you looking to invest your Bitcoin profits properly?

You can Buy Gold with Bitcoin. And Unlike Fiat, Gold cannot be printed out of thin air, it is scarce, durable, and has been considered a store of wealth for centuries.

Gold offers protection from inflation and can have a significant boost on your returns during weaker fiat time periods.

How to Buy Gold with Bitcoin And Protect Your Wealth

Earn Interest On Your Bitcoin

Do you already have some Bitcoin? Earning interest on your Bitcoin has never been easier. You can begin by lending your Bitcoin or other Cryptocurrencies for profit, using one of the many Peer-to-Peer lending platforms.

And there are a variety of reasons why someone would want to borrow your Bitcoin, some might need a fast business loan, while others don’t have a good credit score. In any way, lending your Bitcoin can generate a nice compounding passive income returns of up to 8.6% or more annually.

How to Earn Interest on Bitcoin With Crypto Savings Accounts

Become Virtual Hemp Grower With Bitcoin

We Grow For You – CannerGrow is a unique project founded in Switzerland that offers the world’s only plant-growing-service in the entire Cannabis industry.

CannerGrow lets anyone in the world to become virtual Grover, and to be a part of this growing multi-billion dollar industry. The project not only offers substantial passive income potential for anyone participating. But the best part is, you can purchase plats with your Bitcoin profits!

CannerGrow – Make Money with Bitcoin and Hemp CBD Oil!

Start Mining Bitcoin And Cryptocurrencies

Mining Bitcoin and other Cryptocurrencies can be a lot of fun, but whether it is profitable depends on many things. Mining using your own hardware has gotten more complex, as time passes, and we cannot recommend it for beginners anymore.

But sure it is another business idea, and if you live in certain areas where electricity is extremely cheap such as Venezuela, it could be something to look for. Alternatively, you could also use Bitcoin cloud mining services and get into speculative crypto mining.

Speculative mining or simply (spec mining) is a concept in which cryptocurrency users participate mining newly launched coin in order to profit from future price appreciation.

How to Rent Hash Power For Speculative Crypto Mining

Stake Cryptocurrencies For Dividends

Another great way to earn more cryptocurrencies is by stacking them, meaning you hold specific coins designed for staking in the coin’s wallet.

Certain altcoins with a “Masternode” or “Proof of stake” algorithms, let you earn interest rewards by securing the blockchain network.

To learn more we suggest you check the article we wrote about Nexus – The Most Advanced Universal Blockchain.

Invest In Cryptocurrency Projects

The cryptocurrency space is full of crowdfunding platforms and opportunities regarding ICO’s which you can invest directly using Bitcoins.

But the truth is often when ICO’s start trading on the exchange, the actual market price will end up below the initial ICO prices and you might as well buy them there a lot cheaper.

However, there is always a chance you might find the next big thing, in which case purchasing during ICO is probably the best price anyone will ever have.

There are multiple services that offer you an opportunity to find jobs within the cryptocurrency space.

Some of these jobs include community management, Development, and a variety of other tasks. This is a good way to get involved within the Bitcoin revolution while simultaneously providing an important service to others.

How to Start Doing gigs as a Cryptocurrency Freelancer

Sell Goods For Cryptocurrencies

Selling your used goods for cryptocurrencies using Bitcoin marketplaces is just like selling anything else online for cash/PayPal using services like Craiglist or eBay.

OpenBazaar, Bitify, and Toffee do just that but you sell your products online for bitcoins.

You create an advertisement offer on the website, describing the item, and the potential buyers can contact you or place bids.

Alternatively, you can use peer to peer exchanges such as Paxful, Redeeem, LocalCoinSwap, and CoinCola to sell your extra gift cards for Bitcoins.

Complete Tasks For Cryptocurrencies

CoinBucks and TimeBucks are services in which you can earn bitcoin by completing simple tasks.