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Hi Tim,
There have been many recent stories on social media platforms about blackmail email scams that are a spam campaigns sent out to thousands of people who have no idea of how bit coin works. The result , unfortunately, is that some people are conned into giving away money.
I think this post arms people with the knowledge that will make them less susceptible to Bit Coin scams. So apart from providing a good education on Bit Coin, you lessened the anxiety of someone who may receive an email scam. They will ignore the scammers and seek legitimate ways of making money from Bit Coin. Also, they will know the “hard truths” concerning Bit Coin because you have also talked about the dangers of using Bit coin. Overall, you have done an excellent job. Thanks for sharing.
Hi Thabo. You are welcome. Glad this article helped people to be better informed about Bitcoin.
Interesting take on the scams and scammers, Thabo. I wrote this with the intention of helping people know how they can make money with the Bitcoin. Your perspective that it also helps people from being scammed. I agree that this is true. And I am so happy and grateful to help people know how to recognize a scam, and especially help them to save their hard earned money.
And yes, this article hits some hard truths about the Bitcoin. While it is very tempting to try this, one must be careful. Ultimately, I still feel that it is safer for people to do Bitcoin Affiliate programs. There is less investment. Also, I believe in trying things out a little at a time. One step at a time. I am cautious. And I hope my readers are, too. And Bitcoin Affilate Marketing is the safest route to making money with Bitcoin.
This is a great article on bitcoin it really helps to break it down to understand what it is and how it works. I have been interested in finding out more about bitcoin to see if it is something I want to pursue. No one wants to join something they do not understand and that is exactly where I have been in the past, especially when money is involved. It still seems a bit out there and I know people strongly believe in it; however, I am still skeptical. Maybe I will go ahead and try out the affiliate marketing aspect to get bitcoin and see how it works. To jump in with both feet I am not ready for that.
Thanks, Dena. I am very happy and grateful that you found the article helpful. Your decision to do affiliate for bitcoin is a wise one. I agree with you that it is better to start with this choice. While making money with bitcoin is very attractive, it comes with a lot of risks. If you have extra money set aside, then it is ok to try. But do not do it when there are not enough funds. All the best with your bitcoin affiliate marketing efforts! I wish you great success!
I really enjoyed reading your post and I thought you did a very good job on How to make money with bitcoin. I have a question that I would love your opinion on, bitcoin has gain a massive rise in terms of value, what is your take on that?
Hi! Thanks for the comment. Very happy that you enjoyed this post. To answer your question, I have another blog post about this topic – https://passiveonlinerevenue.siterubix.com/how-to-make-money-on-the-internet/how-to-make-money-with-cryptocurrencies/bitcoin-breaks-50k-ethereum-above-1-8k-have-you-made-money-from-crypto-yet/. Have a read on that, and let me know what you think?
Thanks. I love how he exercised precaution in his answer. Nice answer. I am looking for dip if I was to considering investing.