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What's stopping beginners from making a consistent income from trading cryptocurrency? Well, I simply bought and waited in hope, so was that considered a strategy? Now we need to talk.

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If you are contemplating dipping your toes into Bitcoin, you may wonder what it takes to make good and come out with some profit or what to do with your coins. You may not even know where to start. Here are five ways that you could make money with Bitcoin: 1. Mining Bitcoin is an unregulated currency that relies on millions of computers — also known as nodes — to validate and record data in the Bitcoin blockchain.

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This is a risky method, of course, but probably the simplest one to perform. There are a couple of types of such investors.