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WHAT IS BITCOIN?
am pretty sure lots of people don’t know what this is
But I am going to give you a step by step guide line on what it is
First bitcoin is an online currency that is used for exchange, it is also called a crypto currency and can be used to purchase stuffs online and offline
Having bitcoins requires a wallet address
Well just like any other currency you need a bank to store money, so here you need a wallet to store bitcoins online
Now there are various wallets
Blockchain.info
Coinbase.com
Localbitcoins.com
Blockchain is the mother of all wallets you could go up there and register a wallet it is free
Now after registering (you will be givena blockchain id something like “4erty-384dhtk-Pmsk-47” that’s the Id you will enter when you try to login to blockchain wallet and then your password, )then you login you see two buttons one written RECIEVE and one SEND , to get bitcoins sent to you from an exchanger you click on the RECIEVE button you will find something like “3PxdGhsk739pZjdkd”
That is called a wallet address then you send it to whoever you are buying bitcoins from and they send you
Bitcoins and they appear in your wallet
Coinbase.com is also a wallet but requires you to verify it with your identity card, you can purchase bitcoins from coinbase.com by using your credit cards or debit cards or by linking a bank account
And bitcoin rises daily you could buy $300 worth of bitcoins today and it rises to $350 tommorow you can sell it by clicking on the sell button on coinbase and the money will be paid to your bank or card
That way you have earned more
Localbitcoins.com is used by all and sundry as it has all the locations and all payment methods to buy bitcoins, here you have to verify it too and then buy bitcoins through the available method, you will see them put up for sale just search for your location and currency and you will see a means to make payment for the amount of bitcoins you want
Also you could sell bitcoins on there
From my write up you can see bitcoins is profitable as it keeps going up, 1 bitcoin is about $8400 but you can buy it in bits like 0.1 bitcoin which is $1200 or 0.01 which is about $100 depending on what you can afford
Now how to earn bitcoins?
There are legit ways to earn bitcoins
Either by gambling them on legit brokerage sites like 24options.com
Or waiting for it to rise and you pay out to your bank
Or via mining
Now all this methods have their scams as you see a lot of people posting this and that about bitcoins trying to scam people
Well I’m currently involved in bitcoin mining as it’s the only legit way to me and I have someone mining for me
Mining requires hardwares,(Antminer etc)constant electricity, fast data network and high bills for electricity
But when you have a large pool and investors you can earn more
Now we mine a lot of bitcoins and each investor earns daily from their node
Mining could require as little as $300 for a start and could give a large output on weekly basis and daily bitcoins are sent to your wallet
Want to know more about mining bitcoins?
Want to earn more ?
Want to know more about bitcoins
Hit my inbox
Or if am unavailable here you could send me a message on my email:[email protected]
Be an elite and learn to make money
Pls inbox📩 me for more info only if you are interested..
Unserious minded persons need not to apply..
You have a minor misspelling in the following sentence:
It should be receive instead of recieve.