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How exactly do one make money from crypto currency??

  • Thread starter Thread starter Destinyfejiro
  • Start date Start date
I make money from cryptocurrencies just like most people do because it is a common knowledge that there are so many angles one can look at in making money on cryptocurrencies. I can buy and HODL for a while before selling for profits
 
What you are talking about is called holding. Every cryptocurrency investor is a trader, the only defining point being the time frame you hold coins. Some trade everyday, some trade the general direction the market is following ND some hold on for dear life before selling.
 
ahmedo24 said:
Investing, trading, staking, lending and promoting cryptocurrencies are the ways personally I believe people can make money from cryptocurrencies.
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Just like you have highlighted,you can actually make a lot of money if you can actually predict and understand the cryptocurency market very well.you can trade or keep the coin for future appriciation.
 
tyrim88 said:
Just like you have highlighted,you can actually make a lot of money if you can actually predict and understand the cryptocurency market very well.you can trade or keep the coin for future appriciation.
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Honestly, when you have much knowledge about a coin you can easily decide if you're to hold the coin for a short time or longer time, also the volume of Investments determines.
 
There are different ways you can make money from cryptocurrency you can make money by trading in cryptocurrency or you can even make money by buying and selling.
 
ahmedo24 said:
Honestly, when you have much knowledge about a coin you can easily decide if you're to hold the coin for a short time or longer time, also the volume of Investments determines.
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Knowlegde is very important when it comes to the trading of cryptocurency and even any form of digital currency trading,because you would be able to know the coin tha are for a short term trade and those to keep for future.
 
Making money in the cryptocurrency is much more easier than In the forex trading market. In cryptocurrency, you simply only choose to buy a cryptocurrency and hodl it for as long as you want innyiur account to profit from the price increase after a long while
 
Senator said:
Making money in the cryptocurrency is much more easier than In the forex trading market. In cryptocurrency, you simply only choose to buy a cryptocurrency and hodl it for as long as you want innyiur account to profit from the price increase after a long while
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Yeah , luck play out more in cryptocurrency Investment than forex provided you are very patient with any coin you are holding and gradually you learn and study the market.
 
If you should buy one ethereum for the price of $3500 and the price increases tomorrow to up to about $4000 then you have made 500 dollars in profit already
 
For now, am only aware of two ways of earning money from cryptocurrency. One is by through making long term investment just as you have pointed out and another is by trading, you buy crypto coins when it's favourable to you and sell or swap at the right time
 
Thanks so much for the heads up but presently the method I'm adopting is to buy the crypto when the prices in a dip, then I will sell it when the price is high because I'm not yet used to trading.
 
Kubiat-Abasi said:
Thanks so much for the heads up but presently the method I'm adopting is to buy the crypto when the prices in a dip, then I will sell it when the price is high because I'm not yet used to trading.
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This is one of best and less stressful way of making money. Do you have a specific pice you sell your coins when the price goes up, like a target or do you just sell it once it goes up Abit.
 
I think there are many ways to make more money through crypto currency and some of them includes mining , crypto trading ,etc ,these are some of the ways to earn through crypto
 
Cryptocurrency trading is a great way to earn money from cryptocurrency investment. You trade on daily basis and make profits or loss from your trade.
 
One make money from cryptocurrency easily .one has to sign up to crypto platform such as luno or binance.when sign up successful,one has to invest with any coins like bitcoin or litecoin and start trading.
 
There are several ways of making money from crypto currency, by investing or trading or even selling and buying but the popular one is investing, you just simply leave your money in the wallet and watch it grow.
 
I believe there are some ways one can make money from crypto currency but the one I know of and currently doing is buying coins at a reduced price and selling it at a point where I have made profit. Then I will just rinse and repeat. You can always do your research to find out other ways of earning from crypto currencies. I wish you all the best.
 
There are various ways to make money from cryptocurrencies. You can even work as a freelancer and make money by receiving monye through cryptocurrencies. You can also trade cryptocurrencies for profits. i prefer trading cryptocurrencies.
 
One can make money in crypto by buying the crypto when the price is low, the holding it and selling it when the price has gone up. Some people also mine crypto.
 
You can make money from cryptocurrency by either holding coins for a particular period of time when the currencies appreciate and sell off for profits or you get to trade currency pairs from time to time and make instant profits.
 
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