the main idea of Bitcoin is to hold the money to yourself. It’s like investing in shares on a long-term basis. It’s your constitutional right (fun intended) to sell them off but if you keep them, despite fluctuation in its price or value, you can be and call yourself a stakeholder of digital money.
Buy and Hold – The price of bitcoin has steadily been increasing since its inception. The price is up over 100% in just the last year. That’s a pretty good profit.
Sell Goods for Bitcoin – You can use services likeor to sell items exclusively for bitcoin and with the help of ShapeShift, you can also trade
Trade Bitcoin against other cryptocurrencies -Trading the volatile cryptocurrency markets is a popular pass-time for many thrill seekers around the world. Personally, I feel that the best way to make money from Bitcoin is to offer a service and get paid in Bitcoin.
This is becoming very popular especially as bitcoin makes new headlines each time it hits a new all time high. The most popular exchange is , CEX.IO and I’m pretty sure they have the highest volume too. If you don’t know what coins to buy and when, you can use paid tools like ($2–3/day) to get buy signals when a currency is increasing in value or potentially increase in value soon.
Mine Bitcoin – Bitcoin mining is arguably the oldest way to create wealth through bitcoin. Bitcoins are created through solving complex algorithms that create blocks that are added to the public ledger. The public ledger is the history of all transactions conducted through bitcoin.
This isn’t really profitable since bitcoin is way undervalued but if you have enough computing power, you can mine bitcoin to make a profit. You might want to couple this with trading bitcoin and use your profits to buy more miners and then trade the coins you mine to get more coin to buy more miners and just repeat this cycle until you’re profitable. Use the site,Hashflare to make the most reliable mining
Get a job that pays in bitcoin – Check out the job board,. All of these jobs pay in bitcoin.