5 ways to earn crypto without throwing your money away
Bitcoin casinos have been making a splash as people are turning to these platforms. However, this technique of making money can be dangerous since the stakes are higher than traditional routes. If you’re interested in getting more Bitcoin (BTC) without the woes that come with this method, here’s a list of five ways you can get more crypto.
1. Buy and HODL
Buying and HODLing (also known as holding) is an age-old technique and the rules are simple: you buy Bitcoin or any crypto and hold onto it in hopes that the price will eventually increase. In the simplest terms, you try to buy low, sell high, and in between buying and selling, you HODL.
If you’re confused about what HODL means, HODL is an acronym that stands for “hold on for dear life” and although it originally began as a typo on a forum, it has now become part of the Bitcoin lexicon.
If you don’t want to risk big, try buying and HODLing. It may take some time but it could pay off in the end.
2. Mining
When someone mentions the word mining, most people don’t think about computers. Unlike traditional mining, there are no pickaxes. Instead, BTC miners mine by solving tough algorithms using computational power. As a reward, they receive BTC for their work.
While BTC mining used to be a more affordable option, it has become increasingly expensive to buy the mining equipment. However, if you have the ability to buy all the mining equipment and the space to house it, this is a great way to gain BTC without dealing with third parties.
3. NFT games
NFT games otherwise known as “play-to-earn” games were created in 2017 and are fairly new to the crypto space. It’s evolving and maturing, however, the idea behind it has been revolutionary in the gaming world. Play-to-earn games reward users with gaming assets, think Bitcoin, or tokenized in-game resources. Then in exchange for Bitcoin, players continue to play the game. The reason NFT games reward users is that the developers want the gamers to keep playing so they can further develop their games and make some profit.
The play-to-earn model is not necessarily the traditional route to gaining crypto, but when was crypto ever called traditional?
4. Surveys and surfing
If you have a computer (or smartphone) with internet access, surveys are another easy way to get BTC. Some companies will give BTC in return for taking their marketing surveys. In some instances, you can even watch videos or perform web searches.
If you’re looking for a way to surf the web and get crypto in return, try looking at options similar to Brave Browser. Like Chrome or Safari, Brave Browser works as a secure search engine but unlike most search engines, they’ve created their own cryptocurrency called Basic Attention Token (BAT). You gain BAT by viewing certain ads. Additionally, Brave Browser is focused on privacy searching too. It’s a win-win situation.
5. Affiliate programs
Affiliate programs are a great way to get crypto and all you need to do is leverage your social network. These programs are typically run by crypto trading sites and by referring your friends to the trading platforms you can earn BTC (and other rewards) in return. Be sure to read all the information for each individual program as they may vary depending on the site. This is an easy way to use something you already have and using it to your advantage.
Whether you prefer to spend your time on NFT games or mining, there are many ways to get BTC without Bitcoin casinos. BTC and other cryptos are becoming more available to everyone, and that’s the beauty of it. Try your hand at any of these options and let us know which one you like the best.
