REVIEWS

Making money with bitcoin and cryptocurrency

Making money with bitcoin and cryptocurrency

Coins are the very future of the world financial system, especially the cryptocurrency. We have many coins circulating in the world of crypto trying to gain ground in the financial market.

The most popular cryptocurrency is the bitcoin also known as BTC, followed by yfi, bitcoin cash BCH, and Ethereum popularly knows as Eth. One can make a fortune from any of this coin by being conscious, and intelligently following the trends of this cryptocurrency.

For instance, I have a friend who was not so rich as of 2011, he was able and managed to invest in bitcoin, buying 100k naira worth of bitcoin, when the bitcoin price was still around 100$ dollars per bitcoin! Today that bitcoin he bought for 100k naira is worth over millions of naira.

That is investment and foresight! So you see why and need for one to study and invest in the cryptocurrency world? crypto has come as the only digital asset, The f inancial system is changing and bitcoin is being one of the acceptable methods of payment and purchasing of goods and services worldwide today!

So for a smart and intelligent person who wants to make money from bitcoin and cryptocurrency, all you need to do is buy another cryptocurrency whose price is still low and affordable, buy a meaningful quantity and keep them secured in your wallet, the price of those coins will increase and so as the value.

For someone who wants to invest directly in bitcoin, now this is what you need to do for a start. Go to your google play store or apple store and download your choice of wallet, the most used wallets in Nigeria is luno.com, quidax, and many other wallets as you wish to, but I will advise you to register on Binance using this link below here https://www.binance.com/en/register?ref=LQUJBYY8. Upon downloading binance app, log in using the details you used to register, buy and store or buy and trade bitcoin and other cryptos.

Now you have a wallet, all you need to do now is invest money, buy a bitcoin only from a trusted dealer. Buy from someone you know, someone you can trust. many scammers are parading around as bitcoin traders.

I also advise one to buy bitcoin or any other coin only when the prices have gone down a little bit. Currently, the price is around 46k$. But will keep fluctuating and can rise. That has been the highest price of bitcoin so far and it tends to beat that price too, so investing in bitcoin or other fast-rising coins. Etherium is currently 900k but was 200k fee months ago.

Buy bitcoin, keep them in your wallet and watch as it grows, if you have any more questions, discussions, or anything you wish to tell us, by joining our crypto groupchat.

MyScholarshipBaze

I love surfing the web and providing great information for my readers. I am an Editor At Myscholarshipbaze.com

Recent Posts

How to check your Heritage Bank Balance

How to check your Heritage Bank Balance You must activate mobile banking on the phone…

4 hours ago

How to transfer money from Access Bank

How to transfer money from Access Bank Are you an access bank user that doesn’t…

11 hours ago

www.rsiec.gov.ng RSIEC RECRUITMENT 2023

www.rsiec.gov.ng RSIEC RECRUITMENT 2023 The Independent National Electoral Commission (INEC)'s goal is to conduct a…

14 hours ago

Awards for Women from Developing Countries

Awards for Women from Developing Countries Faculty for the Future fellowships are awarded to women…

17 hours ago

GUIDELINES IN NYSC CAMP

GUIDELINES IN NYSC CAMP THINGS YOU NEED TO KNOW ABOUT THE NYSC CAMP THAT NOBODY…

20 hours ago

Cheapest Universities in Burundi with Tuition Fees

Cheapest Universities in Burundi with Tuition Fees Burundi is a landlocked Eastern African country with…

1 day ago