How To Invest In Bitcoin When You Have No Money
The Fear Of Missing Out or FOMO is very strong right now when it comes to Bitcoin. It keeps hitting all-time highs so there is a lot of interest in it recently. For those that don’t have money to invest in Bitcoin, there is that feeling of FOMO since it seems like it is too late to get on board.
Well, it is never too late, and you don’t need to have money to invest to get on the cryptocurrency bandwagon. There are so many ways to acquire Bitcoin that don’t require you to have a bank or even use money to buy it. It sounds too good to be true, but it is a valid way to go.
In this article, I will give you several ways that you can get some Bitcoin or other cryptocurrencies by other means.
Do some freelancing
One of the best ways to get Bitcoin without actually buying it is to do something in return for it. Put yourself out there as a freelancer and you will kill two birds with one stone. On the one hand, you are getting Bitcoin without using money. On the other, you are also making yourself some extra money in addition to your regular salary.
You can do anything from editing videos, writing content for websites, or even a part-time job and then request that you be paid in cryptocurrency. Even if you are paid by Paypal you can then buy bitcoin with the money you’ve made. There are a lot of payment platforms that would work so you can exchange Perfect Money to Bitcoin or Payoneer.
Yes, this is exchanging money for bitcoin but it doesn’t come from money that you can’t lose in a sense since you are doing work for the bitcoin.
Become an affiliate
Affiliate marketing in general is a great way to make money. It involves promoting products in which you are part of a network so when somebody clicks your special link and makes a purchase you get a percentage.
You can have this from your social media presence, Youtube or website. Even better is if you use all of these channels to get traffic from peple interested in cryptocurrency. Cryptocurrency affiliate programs are some of the best in terms of the high commissions they payout.
When it is time to get paid, you can have the earnings come in the form of tokens so you can start to accumulate your cryptocurrency accordingly.
The competition is tough because of how lucrative it is, but if you focus on topics that the big players are not covering you can carve out some space for yourself in the niche.
Get rewards
There have long been credit cards that reward your spending by giving points like air miles or free car rentals. Now there are cards that offer cryptocurrency when you use them. It works just like those cashback rewards but you get a small percent of Bitcoin when you use it.
This can add up over time especially when bitcoin is gaining in value all the time.
*This article has been contributed on behalf of Paxful. However, the information provided herein is not and is not intended to be, investment, financial, or other advice.
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