How to make money from Bitcoin online

It’s now 2018 and Bitcoin is on top of the mountain. The bad days seem to be over, and while a Bitcoin bubble could happen at any time, there is no arguing that the cryptocurrency is here to stay. The sooner you get involved in making money from Bitcoin, the better your foundation will be in 5 years when it becomes an established currency around the world.

And if the Bubble scares you, investing in Bitcoin is just one option, but not the only one. Bubble or not, you can still make tons of money from Bitcoin. And bubble or not, the value will go up in the future because people are just getting involved.

Make yourself your own Bitcoin faucet

Profit potential. $50 to $800 per month.

A bitcoin faucet is a project where you create a website or app for users to visit. You monetize the site with ads that pay in Bitcoin. Ads pay a small amount of Bitcoins per page view, click or conversion.

To encourage a large number of visitors to continue browsing the site on a daily and hourly basis, you offer to split the advertising revenue with them by paying them in Satoshi, which are basically Bitcoin cents. To claim their winnings, a user must earn a certain amount of Satoshi, and payouts are made on a weekly basis.

Faucets pay between 100,000 and 400,000 satoshi per hour. Some offer premium payments for seniority or task achievements.

Faucets started working by solving captchas and nothing else. Very boring passive income issue. New faucets are built into the games when users kill aliens, feed animals, or kill robots to earn satoshi, the more they earn in the game. So this is a great idea for your own faucet.

The day when every video game player gets paid to play is nigh.

Consider that Bitcoin faucets are prone to default due to underfunding or liquidity. Faucet owners are not getting their payouts fast enough to pay for the rapidly growing user base. They also tend to be hot targets for hackers.

Generate passive income from your Bitcoin blog

Because Bitcoin is so new compared to other targeted content, there is a lot of room for new bloggers and websites. New Bitcoin-related businesses are popping up every day. anything from bitcoin exchanges, trading, play money sites, faucets, online stores and mining love your ad space.

Starting and monetizing a Bitcoin blog can be slow at first, but consistently posting rich content will keep some advertisers interested for at least 9 months.

You can join some affiliate programs or start your own bitcoin store. Bitcoin faucets, wallets and exchanges pay large commissions for each referral.

Small earnings from Bitcoin faucets

My first tip involved creating your own faucet. If that’s a bit too difficult, try joining one and reap the benefits. Instead of making around $800 a month, it will be more like $30-$100 a month from a monotonous job, but it’s still money and the first step to building your bankroll.

Note that bitcoin faucets tend to malfunction and disappear very quickly. So be sure to join some reputable ones like Robotcoin.com and BitcoinAlien.com. These are also fun because you can play games while earning, my best suggestion would be robotoin.

Create an online store for a Bitcoin product or service

Bitcoin is still difficult to monetize with dollars and other hard currencies. Not that it’s too difficult, but there are some fees and taxes involved in the process. Although it is still one of the cheapest ways to send money anywhere in the world.

Buying things with bitcoins is a great way to make something useful out of them and helps you avoid exchange fees and taxes. Especially if you can resell those items and turn them into cash.

There is a great business opportunity to sell products paid for in Bitcoin at low prices or wholesale. All you need is a Bitcoin merchant for your Shopify or WooCommerce store, like BitPay.com. Shopify already comes with BitPay.