The big question is can you make money from Bitcoin? From all the research I have done I would say yes you can but it depends on how much you are willing to invest. Bitcoin could take everything from you and now so many people are doing it and trying to get other people to invest so they can make money, so it has become a big scheme.
How much are you willing to invest?
I have looked into investing into bitcoin myself and I noticed that you can’t just invest a little amount. You wouldn’t believe how many people tries to get others to invest into bitcoin telling them how much you will make if you invest a certain amount. There are many people out their wanting to get your money and they think they can fool anyone so just be smart about it.
I don’t see the purpose of bitcoin because it can’t really be used in these days yet but you ever people all over the world investing into it hope to grow their retirement fund. But just remember their are a lot of mad people out their that has lost everything because of bitcoin.
Strive for a better future and not for the here and now.
Just be careful when investing into bitcoin, do not put everything you have into it. Bitcoin wouldn’t be bad to invest in if you have your own successful business and you are only investing to get another supply of income coming in.
What is Bitcoin?
Bitcoin is an online currency that is trying to take place of the dollar, but it has a long way to go. There was a programmer that created bitcoin and this software with multiple keys to make it safe to transfer bitcoin. I am pretty sure only a couple of things can be purchased with bitcoin but not in the United States.
A single Bitcoin is worth a lot and continues to go up in price, I know one bitcoin is worth thousands of dollars so when you invest you buy part of one coin. So if you are planning on investing a couple a hundred bucks to see if you can make anything fast with Bitcoin than give it a try just don’t go over board with it.
Now I don’t know the right app you should use or the one recommended, but I do know their are a few apps where you can manage your Bitcoin wallet.
Bitcoin is like a stock
Bitcoin operates like the stock market now, you have people all over the world investing and hoping for that big break. Bitcoin continues to go up and down, and once more and more people keep investing that could end up hurting a lot of people.
I decided to do some research on YouTube and I came across some really depressed guys talking about bitcoin and how they lost all of their money to it. Also that the people that helps investors doesn’t even care and kind of disappears once you lose everything.
You have to decide if this is something you want to try and risk, I will tell you that you can make money because many people does. I’m not sure how much everyone is making now since more and more people are investing. But this is something I wouldn’t do, im going to stick with running my online businesses to succeed.
Build a business instead of risking everything
You got to have patience these days when building a business and if you are wanting to make passive income. So instead of investing everything that you have it is a better idea to join this awesome affiliate marketing platform that will give you the best training, tools, and being able to host your site and domain right from this platform.
There is so much to offer and you can join for free and build your first site for free to see if its what you want to do. There are no up sells only premium which is worth it all. You are also not lied to or tricked into buying something and many people have found success with their online business from learning it all from Wealthy Affiliate.
So we do know you can make money from Bitcoin but it is a gamble and you are not promised any income from it. People have made money and their are people that has lost a lot. You can give it a shot if that’s something you want to do but you should think about your future and get started NOW on your training to get your website up and running so you can grow and make passive income.
Just think that maybe a year from now your website that you made from Wealthy Affiliates help could be racking in more than enough for you, than you could finally travel and quit your job and do everything you want to do! Ill leave it here for you to decide, click the link above to join now! Feel free to leave any comments or questions and ill get back to you as soon as I can. Also if you can explain more about Bitcoin I would love to hear more thanks!