How exactly do one make money from crypto currency??

[Heatman]

Well, it's not a big deal on how one makes money from cryptocurrency. You can either make money from it by trading or holding your cryptocurrencies to increase in worth and then sell.

 

[Alexandoy]

Based on my studies of crypto coin trading you can earn a profit when you buy a coin now and the market price increases tomorrow. An example is a coin worth $1 today that next week it is valued at $1.20 that would mean you can earn 40% of your investment if you sell it on that day.

 

[Heatman]

When it comes to cryptocurrencies, it's something that I don't really know how to trade but when it comes to holding and selling when it appreciates, I'm definitely good at it.

 

[Setho]

You can make money in crypto in any of two ways. You can make money by buying and holding the crypto or a more risky trading in leverage or margin.

 

[Chibson]

Making money on cryptocurrency is not a rocket science. All you need to do is to buy a coin that you believe in then wait for the price to rise then you sell and make your money.

 

[Heatman]

You can make money in crypto in any of two ways. You can make money by buying and holding the crypto or a more risky trading in leverage or margin.

Actually I believe that the act of holding in cryptocurrency is what a lot of people actually doing because it seems to be what pays more online people getting into trading and making mistake.

 

[eLdavis]

Hodling which is buying coins to sell at a later time is easier for newbies whereas trading needs some form of knowledge and skills to be profitable.

This is actually the most common used way of earning And making money with crypto. Many usually buy and wait for an increase in value before they can sell it. Just that in most cases one Has to wait for months if not year before you they actually get a profit
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Hodling which is buying coins to sell at a later time is easier for newbies whereas trading needs some form of knowledge and skills to be profitable.

This is actually the most common used way of earning And making money with crypto. Many usually buy and wait for an increase in value before they can sell it. Just that in most cases one Has to wait for months if not year before you they actually get a profit

 

[Shigobad2020]

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 ?

I think there are two ways that i know in which you can make money from the use of crypto currency, and you have already mentioned one , the second one is that you can invest using your crypto currency and gain something at the end of the investment.

 

[Lordfalcao]

Well you you earn from crypto in many different ways like holding this is when you buy at a low rates hold it till when it's high and then sell for profits.

 

[Funky]

There are many ways to earn money in the crypto market, some of which include, trading, investing and even scalping which is now common during this bear run.

 

[Setho]

There are a lot of ways you can make money in it. You can buy and keep for the price to rise, you can go into trading if you are experienced about volatile markets.

 

[kay169]

You buy when rates are low you sell when rates are high crypto rate may fall and crash at anytime so it better you study well before buying and using a good plat form to trade

 

[Justin]

Think crypto currency as the share you buy from share market. When the price of share increase you profit and when the price goes down you lose. If you want to get back your money you sell.

 

[jeff87]

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 ?

This is very good question. What you know is what we call hodling or buying it and then hold it long. Its different from trading or scalping. You will keep on checking the prices.

 

[Destinyfejiro]

I think there are two ways that i know in which you can make money from the use of crypto currency, and you have already mentioned one , the second one is that you can invest using your crypto currency and gain something at the end of the investment.

You are kinda confusing me , I can invest with my crpyto currency and gain something at the end of the investment...please do you mind explaining more of that statement?
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This is very good question. What you know is what we call hodling or buying it and then hold it long. Its different from trading or scalping. You will keep on checking the prices.

I have heard of trading and have tried it a few times but sincerely I really don't understand how it works ....it's my first time of hearing scalping.. please what's that?

 

[Lens]

Cryptocurrency trade is not a difficult market to venture into. It is as simple as ABC for beginner. It's simply buying low and selling high. But if you want to take a dip dive into it. You will need to be able to interpret indicators

 

[Josemendez]

Cryptocurrency works based on the demand and supply . If you buy or acquire any crypto , if the price rises , your monetary equivalent rises as well and vice versa

 

[Hena101]

There way of making money in crypto currencies is straightforward buying and selling, trading it, or buy and holds for a long them then sell it or you can mine and sell if you find a guinine mining site depending on the one you like but you can make money through them all.

 

[kayode10]

You can make money from cryptocurrency by buying low and sell high either from individual or the market. You can also make money by investing in cryptocurrency that has brighter future. It is important to always do due diligence.

 

[Shigobad2020]

You can make money from cryptocurrency by buying low and sell high either from individual or the market. You can also make money by investing in cryptocurrency that has brighter future. It is important to always do due diligence.

The best way for making money using cryotocurency like you said is to study it and buy it when its low and wait for the time its rises and sell it in a high price you can also earn crypto currency doing online task.