How Do You Make Money with Coinbase?- Can I Make Money with Coinbase
So you now have a coinbase account or you are seriously thinking about setting one up. This a great place to hold your bitcoin plus sell or buy. Though you want to know how do you make money with coinbase or can I make money with coinbase? This information is set up just for you! Keep following along and you will learn some simple ways you can make a profit off of the very popular Coinbase website.
#1 REFER, REFER, REFER
One of the simplest ways is to simply refer people to it. How this works is you first need to have a coinbase account and then once you have that set up. You can find your referral link which for me was kind of difficult. So I went to Google and typed in “Coinbase referral link” and it should bring up a link to click directly to it.
Or you can simply log in to your Coinbase account and look for an offer that could say “Free Bitcoins! Earn $10 of bitcoin for every friend you refer who buys $100 of bitcoin or more” and click on the offer to be taken to your referral link
Once you have your referral link you can then share it however you like. I would recommend that you shorten it to make it look better.
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| How Do You Make Money with Coinbase? |
You can do this with a number of different url shortener websites like tinyurl.com or bitly
I would highly recommend bitly because this will allow you to track where your clicks are coming from FOR FREE.
Then once you have your new shorter referral link start sharing it. You can do this any number of ways. You can share it on facebook, twitter, youtube, forums ,etc.
Once someone buys at least $100 worth of bitcoins through your referral link you get $10 that you can cash out when you’re ready!
Still wondering how do you make money with coin base? Well here’s another way!
CLICK HERE FOR FREE $10 OF BITCOINS NOW!!!
#2 Simply Buy & HODL (*inside joke among those familiar with bitcoin trading*)
While this may not be the most exciting way to make money with coinbase. It can be a pretty reliable way though may be seen as too long of a wait. The price of one bitcoin used to be around 8 cents.
How much usd is 1 bitcoin now?
Well as of December 22 2017 it sits at around 13044.17 US dollars. So if it keeps rising then a person could definitely see a nice return in the future but they will probably need to wait a while.
#3 You Can Continuously Trade Bitcoins on the Coinbase Platform
This is taking a BIG chance in generally especially if you have never done anything like this before. A lot of people have lost BIG from going this route.
You can go one of 2 ways with this strategy. You can study mathematics, lots of charts and various trading strategies for several months. You can then compile all of this knowledge and look for signals that the market is going a certain way ,like the price will fall or rise on bitcoin, and then take the plunge.
The other option is going with your emotions and purchase bitcoins at low prices and try to sell higher.
One of the biggest issues is that bitcoins are volatile and this means the price does not stay stable. So you are always at risk of losing your investment very quickly.
So if you are wondering “Can I make money with Coinbase?” Well it is definitely possible but you will need to be smart about it. Start small and learn as you go. Remember NEVER invest more than you are comfortable losing.
CLICK HERE FOR FREE $10 OF BITCOINS NOW!!!
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