How To Make More Bitcoins Out Of Your Current Portfolio

in #bitcoin6 years ago (edited)

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You bought some Bitcoins right, now what's next? Often people forget that Bitcoin is a currency means you can spend, save or invest your cryptocurrency.

That's why today I'll be sharing How To Make More Bitcoins Out Of Your Current Portfolio. Points I'll be sharing today needs some bitcoins means there is no free money in this process, To earn free crypto checkout my another post from here.

1. CLOUD MINING

You probably have heard about mining but crypto mining is not easy you need to have some sort of technical knowledge and mining hardware to do it that's where cloud mining comes in.
Cloud Mining is a service that let you buy hashing power to mine bitcoins and altcoins remotely on the cloud. Companies like Genesis mining and Hashflare sell mining contracts for as low as 2$. Main benefits of Cloud Mining is that you don't have to do anything you just need to buy hashing power and chillax while the company takes care of all the maintenance.

2. INTEREST GENERATING SITES

A site like Freebitcoin enables you to gain 4% interest annually if you maintain a balance of 0.0003 BTC which doesn't seem a lot but its better than keeping your assets in an exchange which is not secure at all.

3. INVEST IN ICO'S

These are basically new cryptographic forms of money endeavoring to enter the market before they can be traded on the exchange. More often than not, they present coins with unique new highlights that can be useful to the network somehow. These ICO's will typically offer you a reduced cost and extra free coins for getting in right on time and going out on a limb.

You must do the exploration and choose which one regards be put resources into. Most Ico's has a commencement of a specific measure of days. Utilize this site to screen all the current ICO today and their commencement.

Putting resources into an ICO can be hazardous on the grounds that you can't generally know without a doubt on the off chance that they are defrauding or genuine just a decent research and experience will uncover that. You should keep a watch out on the off chance that they make it to an open trade and once that occurs there's some uplifting news.

4. DAY TRADING

Day trading is a term utilized by merchants allude to purchasing and selling cryptocurrency around the same day. Informal investors ponder outlines, patterns, and the news when playing inside little value developments. They purchase and sell around the same day. That is the reason they're called Day brokers. They profit by the smallest of changes in the cost of a stock or product or cash inside a solitary exchanging day and go out on a limb. From various perspectives, the digital money advertise is an appreciated playing ground for Day brokers.

Note: I am not adding gambling in this post because gambling can be extremely risky and you can lose your whole portfolio in a matter of minutes.

I am new to this platform and I will really appreciate if you guys follow me BC I post this kind of content every day and I also post cryptocurrency news so make sure to follow me so you cannot miss this good stuff.

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