How exactly do one make money from crypto currency??

[Jlife]

Personally i would do both, i can go into trading and while earning from trading i can start holding some coins to earn my profit. As it is best to put your hand in more than one source of income and not rely on just one source.

Yes definitely a lot of people that are trading cryptocurrency are also a cryptocurrency investors, but first of all if you do not have sufficient capital it will be better for you to start with trading and you can generate money to invest.

 

[Senator]

You can make money in the cryptocurrency market by rigorously trading the coins one against the other in the spot section of the market if you know how to trade spots.

 

[tyrim88]

The ways to make mone in the crypto world is to buy a coin when its value is low and observe when the price starts appriciating and then you can decide to sell or you save it for future appriciation.It is more like the forex trading.

 

[Kelly5]

You can choose to make money from the margin trading or you can as well choose to make money through spot trading or simply by buying and holding the coins for as long as you want to turn it into profit

 

[tyrim88]

I have always wondered , how exactly do people make money from crypto currency..is it just to buy a coin and keep in the wallet and wait till one day it skyrocket or are there other ways someone can earn from crypto.
Please I need your help on this ?

One way an investor in cryptocurency makes money from crypto is to take advantage of when the value of the coin drops and he buys and waits for it to appriciates in value befor selling on the platform.

 

[Nurudeen]

You can make money from crypto currency exchange Business from trading or pairing a coin together and whenever the coin surged, you can take your profit and move on into another coin to make money from

 

[Alexandoy]

You can make money from crypto currency exchange Business from trading or pairing a coin together and whenever the coin surged, you can take your profit and move on into another coin to make money from

My understanding in crypto coin trading is that you buy a crypto coin today and let it increase in the market price. You have to wait for a time like a month or even a year. When you bought the crypto coin at $1.00 and the market priced had increased to $1.50 that is clearly a substantial gain so it is time to sell.

 

[Sotherefore]

There are various ways you can earn from crypto currency, you can decide to buy when there is a dip and hold. Once the price goes up, you sell and get your profit. Or you can go into crypto trading. Similar to forex trading, but instead of trading on currency pairs, you trade on crypto.

I am a cryptocurrency trader and you can make money with cryptocurrency just like you do in forex if you are trading future, you can decide to buy when you predict the price will go up and you will make profit, you can also sell when you predict the price will come down and you can also make profits in cryptocurrency.

 

[Yusuf]

You can make money on crypto currency exchange Business through buying and holding to make profit and you can also make money form the sector through trading of pairs. If you really know how to use charts, it will be okay for you

 

[skyliequiz]

Purchase and HODL. I think this is the most frequent method of profiting from cryptocurrency. Most investors buy Bitcoin, Litecoin, Ethereum, Ripple, and other cryptocurrencies and wait for their value to grow. They sell at a profit whenever market prices climb.

 

[Kelly5]

There are so many ways to making money through cryptocurrency. You can either choose to buy and keep them or buy and trade them with the spots option

 

[Mostee501]

Actually the two major ways i know that one can make money out of cryptocurrency is by buying coins and allowing it to grow and also buy trading your crypto's in the market.

 

[Chibson]

Making money with cryptocurrency is not a rocket science and anyone can definitely learn it within a very short period of time because you can buy a cryptocurrency and keep when the value rises you sell it.

 

[GIFTMICHAEL]

That's the kind of question I asked four months ago before I started with Cryptocurrency investment. I pushed my self to invest, it isn't successful cos my coins are dropping down steadily but I'm optimistic. So you can start somewhere and not just sitting down and trying to get the perfect answer, their is no perfect answer to your question cos crypto is risky type of investment.

 

[tyrim88]

I have always wondered , how exactly do people make money from crypto currency..is it just to buy a coin and keep in the wallet and wait till one day it skyrocket or are there other ways someone can earn from crypto.
Please I need your help on this ?

That is actually one of the ways you can make money from cryptocurency trading,where you buy in a dip and wait for price to appriciate before selling.You can also buy and keep for future growth,here it would be like a long trem investment for your crypto.

 

[Destinyfejiro]

That is actually one of the ways you can make money from cryptocurency trading,where you buy in a dip and wait for price to appriciate before selling.You can also buy and keep for future growth,here it would be like a long trem investment for your crypto.

Yeah I was holding a coin (wolfsafepeople) which I got from Airdrop and fortunately when it was tradeable the price went very high and I quickly exchange it for bnb , I gained x5 of what I had . So when the price went down I bought it again . I'm currently Hodling it and waiting for the price to go up

 

[Jsoliu004]

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[Hena101]

There are many ways of making money from crypto currency but the most popular ones is trading or investing for some time and sell.

 

[tyrim88]

Yeah I was holding a coin (wolfsafepeople) which I got from Airdrop and fortunately when it was tradeable the price went very high and I quickly exchange it for bnb , I gained x5 of what I had . So when the price went down I bought it again . I'm currently Hodling it and waiting for the price to go up

This is a very good and wise strategy to apply when trading with a relatively low priced coin.It is just very good to be alert and monitor the market to see fluctuations,but for me i am just concentrating on saving mine for future appriciation.

 

[Josephjossy]

There are many waysin which you can make money from cryptocurrency you need to do is to understand how it works before going into it you can lose your money if you didn't understand how the business work you need to understand everything about the business before going into the business