Reader mode

How to Make Money With Bitcoin: A Comprehensive Guide

citinews 1d

View pictures in App save up to 80% data. Bitcoin, as a cryptocurrency, has been subject to mainstream debate for quite some time now. People analyze its past and speculate about its future for a wide variety of reasons – some people want to know the history of cryptocurrencies, others are curious about possible investment opportunities. Whatever your reason would be, in this guide we’ll talk about different ways of how to make money with Bitcoin.

We’ll talk about the different ways of how to profit from Bitcoin – but first of all, we’ll ponder on why Bitcoin is so popular in the first place. Then, when we understand the history (or at least the super short version of it) of this cryptocurrency’s emergence and rise to power, we shall explore its profiting opportunities.

The Short Version of Bitcoin History

Bitcoin was created back in 2009 by someone (or some group of people) known by the pseudonym of Satoshi Nakamoto. At the time that it saw the light of day, nobody had even heard of cryptocurrencies, let alone encountered one.

Bitcoins infant and teenage years were pretty rough – it failed to gain significant traction and attention, even though its prices fluctuated for what (at that time) seemed quite a bit. No one was still wondering how to make money with Bitcoin.

Finally, at the beginning of 2017 Bitcoin reached the benchmark of $10000. In just a matter of a year, it managed to almost reach the $80,000 check-mark. Needless to say, this was huge – everybody either stood with their chins reaching the floor or poured everything they had into Bitcoin – it seemed like an unstoppable force that kept on increasing its momentum every single day. If you’ve recently checked the Bitcoin price charts, however, you know that things took a different turn.

People who often look at how to make money with cryptocurrency will probably know what the Bitcoin price chart looks like:

View pictures in App save up to 80% data.

Click to learn more and Chat with us

Source: opera.com
The views expressed in this article are the writer's, they do not reflect the views of Opera News. Read more>>

Less Data,More News — Less than 1MB