How To Start Bitcoin Trading, how do I get bitcoin? A question that frequently comes to mind of those who want to make money by trading bitcoin with the increasing popularity of this currency and after it achieved a great price in the digital currency market.
Many investors are doing Bitcoin Trading to achieve many profits in a short period of time, such as making profits from gold trading, oil trading, metals trading, forex trading, banking, mortgages, and credit.
Bitcoin has developed over the past two years, and has gained great popularity, as Bitcoin is the main currency currently in the crypto currency market, despite the emergence of many other symbols.
No other crypto currency looks like it can destroy Bitcoin, how long will you judge the market? To be honest, no one knows, however, the near future appears secure for Bitcoin.
If you want to get a large amount of Bitcoin quickly, then you need to spend money on purchasing it.
If you want to get a large amount of bitcoins for free, then you need to spend a lot of time earning them on websites called bitcoin faucets or do the tasks to get paid in the form of bitcoin.
How to obtain Bitcoin
1. Buy Bitcoin Online:
To buy or earn free Bitcoins, you first need to download and create a Bitcoin wallet, which is a program that allows you to send, receive and store money securely in the Bitcoin network, and there are four types of Bitcoin wallets that you can use: mobile, web, desktop, and devices.
Once you download the wallet, you need to create an account on the crypto currency exchange approved by your wallet provider, and crypto currency exchanges are market places where sellers trade crypto currencies with buyers for fiat money or other digital currencies.
2. Buy Bitcoin in person:
If you prefer to purchase bitcoin in person, you have four options to choose from:
- Use websites like Coin ATM Radar to help you find a Bitcoin ATM, which works very similarly to a regular ATM machine, except that you are trading your money for bitcoin.
- Use websites like LibertyX to find retail stores across the US that will give you bitcoin for cash.
- Use websites like Paxful to find bank branches that will award you bitcoin in exchange for cash deposits.
- Use websites like LocalBitcoins to find people who want to exchange Bitcoin for money in person.
Make money Tradingbitcoin
In this world there are two types of traders, a long-term trader and a short-term trader, in all honesty I don't think there is a contract buying strategy when it comes to Bitcoin.
When it comes to trading Bitcoin to achieve profitable returns, you have to be an excellent short-term trader, if you want to make money with a profitable trade you will need to study technical analysis that studies price patterns.
How do I get free bitcoins?
1. Play mobile or online games to win bitcoins:
One of the most entertaining and enjoyable ways to earn free bitcoins is by playing on mobile or online games. Yes, it is true. You can play games on your phone or computer and get actual money in bitcoin.
2. Do online jobs and assignments to earn Bitcoin:
Another way to earn free Bitcoin is by completing tasks on websites. That will pay you in Bitcoin currency, and you can also test the websites of some companies, conduct their polls, republish their posts, and complete other small tasks to win free bitcoins, you can find individual jobs that pay you through Bitcoin on BitcoinGet, and you can answer questions and win Bitcoin on Bitfortip.
3. Read classic books to earn Bitcoins:
To generate more user activity and ad revenue, bitcoin faucets, such as Bitcoin Aliens, have realized that they need to find a better way to engage users; So they decide to pay people to read, as can be done by reading classics like Pride & Prejudice, War of the Worlds, and over 600 other titles on their website.
4. Write about digital currencies to win bitcoin:
Some bitcoin cryptocurrency blogs, news outlets and forums will pay you to contribute your ideas and write about them, and you can also find article writing tools for crypto blogs and news outlets on job boards such as Coinality.