If you are looking for legit bitcoin business to do, you are in luck because this is a question been asked by many who are seeking additional income streams. Considering the financial risks that come from relying on one source of income, such as a job or a business, it is best to consider creating at least one or more additional streams to generate cash flow.
Early January, we reported on how bitcoin crossed the $1K price range and just five days after the network split early August, it crosses the $3k mark.
Now a week later the decentralized currency has continued to rise relentlessly and now commands a weighted average of $4,140 per BTC at the time of writing.
There are many opportunities available to start an online based income by sitting at home because the internet is the center of knowledge. Many people spend their time on Facebook, Twitter, Instagram, BBM, etc chatting their day away. You can use the same platforms to make money online. Today, I will share my experience with you and introduce you to 4 bitcoin businesses you should invest in right now.
Bitcoin Business: Before You Begin
I’ll start out by saying that I’m no investment expert but throughout the year and half I’ve been dealing with Bitcoins I’ve gained some insight about the different options for investing. This post lists my own personal and uneducated opinion about Bitcoin investments – use it at your own risk.
Before you start investing in any form of bitcoin business, you will need to understand what bitcoin is. You will need a bitcoin wallet, similar to your bank account. Only, in this case, you are in total control in receiving, sending, or storing your bitcoin money. Also, you need to know about bitcoin price and how it’s relevant to bitcoin Investment today.
Learn how to Open a Bitcoin Account.
Now that you own a bitcoin wallet and knows how to fund it, below are the businesses you can invest in bitcoin.
Winthrills Network is a segmented platform for Mandee Thrills Company. It’s a Network Advertising platform that delivers both amazing results for its advertisers and a highly profitable revenue stream for its promoters. WINThrills Network is also an international online crowdfunding platform that connects private investors with businesses. Read the complete review here.
Another bitcoin business you may want to invest in is BitConnect. Bitconnect is a Cryptocurrency just like bitcoin and its ranked No 14 on www.coinmarketcap.com.
Bitconnect offers a crytocurrency investment program where by whatsoever you invest you get up to 40% interest for ten months or less depending on the investment package you choose and at the end of the tenth month your capital is also returned back to you. Read more here.
#3. Store Up Bitcoin Long Term
This option is as simple as it sounds. Buy as much Bitcoins as you can afford losing (don’t ever invest an amount you can’t afford to lose) and hold on to them until they reach a profitable target goal. For example, I bought my first Bitcoins when they were $120. Even if I sell them now I’d still be at a 350% profit. My personal opinion is that the price of Bitcoin will rise as it gets more and more mainstream so I prefer to use times like these when the price is low to buy and wait for at least a 20% profit before selling. You won’t find a better ROI (Return On Investment) anywhere else.
The fact is hard work never fails and yes, it is true. If you are giving to hard work, devotion and perseverance to your interest, then no one can stop you to get to your goal. Now that you know 4 bitcoin businesses you can do in 2017, imagine how much you will make monthly? $100, $1,000, $10,000? You can do more than that if you serious like me.