Easy Ways To Get Bitcoin And Also Lose It.

Bitcoin was everyone's favorite and the price reached all high to about $42000. So many people bought BTC, some were selling and others were holding BTC with the expectations that its going to increase in price again.

Regardless that the cryptocurrency world is not constant but fluctuates, people are still ready to take the risk of losing bigtime for bitcoin. When bitcoin reached all time high($42k), my far friend who had realized huge profit after selling his BTC and decided to go all in (both the capital and the profit) about 2M naira bought BTC when bitcoin reached its all high, hoping it will rise again but unfortunately, the price fell to $31k after that day. Huge loss!

Easy ways to get bitcoin:

1. Buying bitcoin:

Buying bitcoin from a verified source is an easy way of getting free bitcoin. Bitcoin gotten in this manner are more safe and sure. Don't use a third party, most times it turns to loss of money (fraud).

2. Get from bitcoin faucet:

There are faucets that give out free bitcoin to users just by engaging in their platform, claiming bitcoin periodically. All this task are quite easy if the bitcoin are very precious in your eyes.

3. Get from friends:

Friends are like guardian angels, not all friends are bad. Stick to the friends that are good, you might find some free bitcoin in your wallet courtesy of your good friend if they are Cryptos inclined. You could also borrow and trade with it and return the capital and enjoy your profit. Its a Win win cheers!??

4. Shop online:

It no news that people now gain bitcoin by shopping online. You buy stuff from some online platform and you get some bitcoin as a thank you. Win win!

Doing online task like write about Cryptos like we are doing, read or download specified books to gain bitcoin. It all good as long as we get the bitcoin in our wallets.

Ways to easily lose your BTC:

1. Fogot your password:

Password are a very important aspect of an internet environment. We need password to keep our important stuffs safe. Now, our bitcoin is so precious that we have to write down our password before we even input it into the password column and save the written password in a safe. Learn to never disclose your password to a third party. It never too safe.

2. Losing your recovery phrase.

One thing that will happen to any one having over 5 BTC in his mobile wallet is to misplace his or her recovery phrase and the phone was stolen. (Jesus help me not to lose my phone so that all my assets will be intact).

Learn to save your written materials to your gmail. It easier to access at any point in time.

This are the point I want to mention in this post. I hope someone got something helpful from this post. Stay bless and stay safe

This is my own work.

All pictures are from pixabay