HOW TO EARN MONEY FROM BITCOIN IN 2021 - Simple Easy Methods In this video, we compiled a list of 15 ways you can turn 2021 into a Bitcoin-filled year. .If you're new here on this channel, we discuss everything business-related, how to make money online, we review businesses, websites, and Apps, and finally, we discuss a little about investing and personal finance. So if all that sounds good to you, go right ahead and smash that red subscribe button and notification bell so that you can be informed any time we put out a new video. So, let's get right into it. 1. Mining In 2021, Bitcoin (BTC) is set to turn 12 years old and As our favorite digital currency continues to mature over time, so does its money-making opportunities. More people are figuring out how to make money with Bitcoin, and we understand that it can sometimes get hard to keep up. To make things a bit easier for you, in this video, we're gonna talk about Bitcoin mining, it is one of the first ways to ever obtain BTC. This is the process in which miners use powerful computers to solve complex mathematical problems. When they crack the code, they’re rewarded with newly-minted BTC. It’s basically a race to see who can solve the block the fastest and those lucky enough to do so reap the reward To give yourself a fighting chance, you can join Bitcoin mining pools or mining clouds. A Bitcoin mining pool is a collaborative group of miners who combine their computing power to solve complex mathematical problems faster. A Bitcoin mining cloud is similar, but instead, they use the cloud to connect their computing power. That way, they won’t have to install and run the hardware and related software directly. In either case, the miners’ fees paid from transactions and the newly-minted coin are split among the people in the group. As the competition gets fiercer, the better equipment you’ll need to profit. And as you spend more on equipment, your profit margin decreases. As a result, Bitcoin mining isn’t as profitable as it used to be. Do plenty of research before getting into mining because there are plenty of easier ways to earn money with Bitcoin. 2. Buying and holding Buying and holding Bitcoin is one of the most straightforward and most beginner-friendly trading strategies out there. First, get a Bitcoin wallet, buy BTC, and then hope that the price spikes in the future—no matter how long that may take. It could be weeks, months, or even years before you decide to sell. The term HODL was coined because of this. . It also means to Hold On for Dear Life—so it’s essential to look at how Bitcoin is valued and go from there. 3. Trading If Holding is long-term investing, trading Bitcoin is its fast-paced equivalent. Essentially, BTC trading means taking advantage of Bitcoin’s highly volatile nature. This method requires practice and knowledge of the market, so be sure to do your homework before you even think about giving it a shot.