Smart Bitcoin Strategies To Accumulate Gold Bullion

I have heard about bitcoin a couple of years back in 2013 and never expected it to grow into a strong cryptocurrency it is today. At the time of writing this article, it is trading on the market at a value higher than gold. This opened a window to many possibilities for me, as I’m already within the market to accumulate this digital currency and gold bullion on a daily basis.

With my experience, I gained knowledge and developed methods to use this cryptocurrency and build a wealth wheel of acquiring gold on a continuous basis using its power.

The following points are methods I use to accumulate bitcoin and gold bullion.

Find a company that sells gold bullion
Open an online bitcoin wallet
Start mining bitcoin online or offline
Purchase gold bullion with bitcoin

The above are the basic steps to accomplish the process and it requires specific methods to make it successful. In my opinion this is the best bitcoin strategy to accumulate gold and get it delivered to your doorstep every single month.

Find a company that sells gold bullion

There are many online companies on the internet that sells gold bullion, but there are very few that offers incentive programs once you become their client. You need to look for a company that offers much more than only selling gold bullion. This company needs to offer quality products, such as selling gold bullion in small sizes of 1 gram, 2.5 gram and 5 gram. The gold itself must be 24 karat gold, which is the highest quality you get. The incentive programs needs to allow you to earn commissions once you refer people to the company.

Open an online bitcoin wallet

You will need a place to store your bitcoin once you are ready to get started within the cryptocurrency market. There are many online bitcoin wallets available to the public free of charge. Look for a company that offers a wallet to store bitcoin and an offline vault to protect it. There are many hackers trying to break into the wallets of online users and steal all their bitcoin. If you store your bitcoin offline, you will never be a victim of online hackers.

Start mining bitcoin online or offline

There are two main ways to get bitcoin. Mine bitcoin online or offline. To mine bitcoin online is very easy and much simpler than offline methods. I personally use both methods to test the profitability for each. By joining an online bitcoin mining farm would be a great way to get started.

You need to be very cautious on this option as well, because there are thousands of scammers claiming to have bitcoin farm, but in fact does not. These guys create Ponzi schemes and will only steal from you as much as they possibly can. There are also trusted and real companies that has bitcoin farms operating every single day that I personally use.

You can also mine bitcoin offline by purchasing a bitcoin miner, which is computer hardware that you set up at your home. This hardware then gets connected to the Internet and will start mining bitcoin. This bitcoin will then automatically be sent to your online bitcoin wallet.

Purchase gold bullion with bitcoin

Now that you have bitcoin coming in on a daily basis there are very specific ways that needs to be followed to purchase gold bullion from the company you chose. You need to link your bitcoin wallet to a visa card. This card must also be offered to you from your bitcoin wallet company that you chose. Use this card to purchase gold bullion at any time you have enough bitcoin in your online wallet.

Do You Feel Like Other Road Users Just Don’t Care?

We have come to an age in time where it seems like everyone has a car these days. The roads are full which causes traffic jams, congestion and accidents. Does this happen because fellow road users are so in a hurry to get to their destination that they simply don’t care about other road users?

The high volume of vehicles on the road does cause problems, but shouldn’t it all work itself out if we all follow the road rules. After all, we learnt the road rules when we applied for our drivers’ licenses, right? The rules are quite simple if you think about it.

Maintain your speed by adhering to the speed limits.
Read the road signs and obey them.
Obey the traffic light signals and don’t speed up just before it changes to red.
Use the indicators on your car to show drivers whether you will be turning left or right.
Apply your brakes timeously and at a fair distance so that drivers behind you are not surprised when you stop suddenly.
Don’t cut in front of anyone.
Don’t tailgate another car.
Be courteous and considerate of other road users.

These are obviously only some of the rules, but you get the gist of it. A few basic rules and common courtesy will improve the flow of traffic on the roads, especially at large intersections. Obeying the traffic light seems to be the biggest issue. Driving during peak periods you have probably noticed that the intersection is blocked because there are cars in the middle of it. These are the ones that decided to speed up when the light turned orange and found themselves in the middle of the intersection because the traffic on the other side hasn’t cleared yet. Imagine if their brakes failed at this point. It would cause chaos and no one would be able to move. It’s probably a good idea to check your brakes often and get brake repairs, if necessary.

When someone decides to ignore the orange light, or worse, the red light, it causes a stalemate. No one can move. If the one or two cars had waited behind the line when the light turned orange, then the traffic for whom the light turned green for could flow freely. Yes, there are still a lot of cars during peak time but a little of patience can take the pressure and stress away which could minimise delays and accidents.

Bitcoin and Binary Options Trading

Binary options have been becoming more and more popular in the last 2 years. This type of trading has been desired among new traders as they don’t need to actually buy anything, just predict whether the asset will move up or down in specified time frame. Those trades are happening in short time frames (30 sec, 1 min, 5 min) but might be months too. If the trader predicted wrongly, they will obviously lose their money. If the trader was right in his/her prediction, they will receive 80-85% payout, depending on the broker.

Binary options are sometimes referred to as ‘all-or-nothing options’, ‘digital options’, or ‘fixed return options’ (FROs), which are traded on the American Stock Exchange.

Bitcoin (BTC) is a digital currency which is created and held electronically and no one controls it. “Bitcoin is an online payment system invented by Satoshi Nakamoto, who published his invention in 2008, and released it as open-source software in 2009. The system is peer-to-peer; users can transact directly without needing an intermediary.Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses its own unit of account, also called bitcoin. The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency… ”

Bitcoin as a currency in binary options trading

Bitcoin is now widely used currency and many trading platforms accept it as a method of payment for their clients’ trading deposits. There are many benefits using Bitcoin as a currency. The first benefit is “the fact that the cost of transaction is the lowest among all forms of online payment. This is the very reason why Bitcoin was created in the first place, to lower the cost of online transaction. Since there is no central authority managing Bitcoin, no service fee is paid when receiving or transmitting payment.” Another reason for traders to use Bitcoin as a currency is that Bitcoin itself is tradeable and they can earn extra Bitcoins that way.

“By having all the trading transactions denoted in Bitcoin, a trader is able to shield himself from the fluctuation of this crypto currency while at the same time earn more of it through profits earned in trading.”

Bitcoin as a commodity in binary options trading

With a recent popularity of Bitcoin and its acceptance as a currency, many binary options platforms started using Bitcoin as one of the currencies to trade. so as an asset. Stockbrokers are seeing the value in trading BTC against flat currencies, mainly versus American Dollar.

Today there are 2 main types of Bitcoin binary options platforms:

First-generation brokers – binary options platforms that allow trading on Bitcoin
Second-generation brokers – platforms that offer both Bitcoin funding and Bitcoin trading

First generation brokers – brokers who offer Bitcoin trading:

Coinut – only Bitcoin options exchange platform; programmed as a robust and distributed on Linux operating system coinut.com
BTClevels – Bitcoin binary options trading platform; with or without registration, hassle free btclevels.com
24 Options – one of the first brokers who started offering BTC as an asset 24option.com

Second-generation brokers – brokers who offer Bitcoin funding and trading:

Traderush binary platform – accepts BTC deposits traderush.com
Nadex trading platform -accepts BTC funding and allows BTC trading; offers limited risk, short-term trading, transparency and full regulated market nadex.com
Satoshi Option trading platform – accepts BTC funding and allows BTC trading; doesn’t require account registration neither personal details. Payouts are near instantaneous and the service is accessible from anywhere in the world satoshioption.com
BTCOracle platform – Bitcoin only platform – allows BTC funding and trading offering few wallet options and full transparency btcoracle.com
Bitstamp platform – As above, BTC only platform – allows BTC trading and funding but requires login bitstamp.net
Bitcoin Wisdom – allows trading 3 digital currencies, Bitcoins, Litecoins, Altcoins versus other flat currencies and requires login bitcoinwisdom.com
Beast Option – allows BTC funding and trading of Bitcoins and Litecoins; guarantees fairness in pricing regardless of market fluctuations beastoptions.com

When choosing a Bitcoin broker it is important to check their terms and conditions, paying a particular attention to the information whether their Bitcoin Assets are stored in “Deep Cold Storage”. It means that Bitcoins are insured and stored offline, where they are not susceptible to hackers.