Have you ever wanted to invest in Bitcoin?
Many people ask whether or not they should invest in Bitcoin – is it worth the risk? Can I make a big return on my investment or will I lose all my money? Will the price of Bitcoin keep going up?
Who knows?
Every investor should generally have a diverse portfolio, and to some people, that includes investing in cryptocurrency–even thought it is considered a high-risk investment.
If the risks of investing in Bitcoin are holding you back, thing again. Now, there are ways to earn FREE BITCOIN, so that you can start investing and get familiar with the crypto market without risking any of your own money!
How do I get free Bitcoin?
There are many ways to earn a small amount of Bitcoin for free, by downloading a number of different apps and completing tasks. These mobile apps are sometimes called “Bitcoin Faucets”.
I recently discovered a game called Bitcoin Blast, a pretty fun match-three puzzle game that rewards you with free Bitcoin just for playing, and I have to say that I was impressed that I received my first free Bitcoin the same day that I installed the app! Granted, it was a very small amount, but at least I can assure you that this app delivers on its promise. The mobile app/game was developed by the team at LOADED, including this blockchain programmer.
There is a growing number of Android and iOS apps out there that you can make free Bitcoin from, so do your research, download a few, get that Bitcoin in your Coinbase account, et voila! you are officially a cryptocurrency investor.
How do I invest in Bitcoin?
Investing in Bitcoin is super easy – create a free account on Coinbase, and follow the steps to purchase Bitcoin with funds from your bank account.
Once your have funds in your Coinbase account, you can swap them to a large number of other cryptocurrencies such as Ethereum, LiteCoin, Bitcoin Cash, etc. Take the time to learn about each one so that you can invest wisely.
Will I make money by investing in Bitcoin?
There is no way to know for sure. The crypto and blockchain communities are very strong, and full of millions of enthusiasts who are working every day to find new ways to make cryptocurrencies an integrated part of business and society. All that effort has to lead to something, and for that reason, many people are bullish on cryptocurrencies and they expect the price to continue to trend up.
If you are going to invest in cryptocurrencies, we recommend you take the following steps:
- Test the waters first – start by investing a very small amount.
- Read extensively – read the whitepapers on each crypto you are considering investing in.
- Ask friends and savvy investors – copy what the geniuses do; you don’t have to be the expert on crypto, there are people out there who know a LOT more about it than you do.
Should I invest in other cryptocurrencies?
Yes. If you are planning to invest in cryptocurrencies, it will be wise to diversify within the cryptocurrency space. But remember, do your research and start small.
I did it. I invested in cryptocurrency/bitcoin this week.