Monday, 28 December 2020

Make Money With Bitcoin Guide

In this how to make money with Bitcoin guide you can learn when is the right time to buy BTC, when to sell for profit, and how to put earned money to work so you can make even more money.

Make Money With Bitcoin 2021 Guide

It’s not easy to make money with Bitcoin and anybody telling you otherwise is probable laying or looking to scam you. Trading BTC is only for professionals, hard work that has a lot of similarities with professional sports betting - and only about 5% of traders are making money. Investing BTC for hodling is also hard because it’s very probable you will wrongly time your buys/sells, due to overly optimistic (FOMO) or too pessimistic (FUD) perspective. Mining BTC takes a lot of technical know-how and it’s hard to gain access to highly advanced mining equipment. 

A lot of time and experience with cryptocurrencies have led to this Bitcoin money making guide and although it’s very simple, you will have to control your emotions to really make money with Bitcoin. You must not panic when the market is going down, and you must not get too euphoric when it’s going up. Maybe the time to become a Bitcoin millionaire is gone, but the time to become rich with Bitcoin for sure is not, so let’s get to it!


When to buy Bitcoin? 

The right time to buy BTC is when the market cap is under the realized market cap. In essence, realized value is closer to Bitcoin’s "fair value" as it adjusts for lost coins and coins used for long term investments or holding. If you are interested in more details about the Bitcoin realized value, just google it. To find out what is the current realized value go to this Coinmetrics chart, in metrics thick "Market Cap" and "Realized Market Cap", see picture below.

Make Money With Bitcoin


For more than three months in the beginning of 2019 the market cap of Bitcoin was lower than the realized value and that was the right time to buy BTC. There was one more chance in Mar 2020, as you can see in the picture below.

how to make money with Bitcoin


Binance is the place we recommend for buying and selling Bitcoin, safe and secure platform with a wide range of payment options, including bank transfer, credit/debit card, and cash.


When to sell Bitcoin?

Let’s say we bought 10 Bitcoins in Jan 2019 when the price of one was around 4,000$. Now we wait until the BTC market price reaches 8,000$ (May 2019) and sell half the amount (5) we bought. This step may look conservative, but we have secured our invested money that can immediately be put to earn more money (more in the next step). With the rest of BTCs it’s time to have fun timing the top! :-) Hint, 2-Year MA Multiplier.


What to do with Bitcoin profit? 

What to do with profit? Well, earn more while you sleep! Invested money that we withdrew from the market, together with profit we made from the rest, can be put to earn while we wait for the new opportunity to buy and sell. Companies like NEXO and Binance Earn have up to 12% annual interest on Stablecoins such as USDT, USDC or DAI.

Bitcoin money making


The future is unpredictable, nobody can say for sure what will happen, but this BTC money making guide made us a lot of money in the past, and we will be prepared for the next opportunity in future.