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Your strategies of making money from cryptocurrency.

  • Thread starter Thread starter ahmedo24
  • Start date Start date
For months now i have been taking a good look at the crypto market to build a strategy around the coins, I have noticed a few coins for both long and short term investment
 
1. Investing. Investing is the long-term strategy of buying and holding crypto assets for some time. 2 Trading.3
Staking and Lending.4 Crypto Social Media. 5. Mining. 6. Airdrops and Forks.
 
Strategy has been the simple buy and hodl. I love the day trading and scalping aspect of it though and I'm working towards it. I believe that's the future when it comes to making good money ad regards cryptocurrency.
 
There are so many angles to look at when it comes to the strategies one can use to make money in cryptocurrency. If you not the too knowledgeable person yet, you can simply opt for the HODLing strategy for a start
 
making money from crypto currency is not a rocket science provided you have the right knowledge and understanding of how it works.
 
It's true lots of people deploy lots of methods in making profits to crypto currency investment but for me the scope still remains buying when low and holding them sell off when high
 
I remember the strategy I use to use then would be to check coinmarketcap for new coin listing, then check their volume, the lesser the volume, the more likely the coun will increase.
 
I'm certainly not utilizing binance, appears such as this is actually the preferred trade system for some people. Incidentally coin foundation likewise has actually discover as well as make course.
 
The best asset to invest in is not easy to get... You have to make some research in those involved in the project of the coin and the purpose of the coin you are investing into....
 
I know that investing in crypto currency is good because I know a few guys into it,but as it is I don't know why I don't have interest in it
 
Dowenship said:
The best asset to invest in is not easy to get... You have to make some research in those involved in the project of the coin and the purpose of the coin you are investing into....
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That's just the fact though sometimes you can risk and invest in some smaller coins and if you are very lucky the coins will continue to grow and your make money from them.
 
There are several methods or strategies in which anyone can use to make money from cryptocurrencies;
Trading: tradingbis actually one of the best methods of making money from cryptocurrencies provided you have the right knowledge and understanding of how to go about it.
 
Ceeny007 said:
I know that investing in crypto currency is good because I know a few guys into it,but as it is I don't know why I don't have interest in it
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See, like you said you have some few guys that are into it which makes you believe it is good... It is Not compulsory for you to be involved because your those guys are into it... What works for them might not work for you...
 
Actually, there are so many people out there who are earning so much money from cryptocurrency platform. But personally, I am not into crypto trading as I am just holding some few coins to take advantage of market fluctuations when the need arises. So I can't specify any strategy at the moment. It is my opinion.
 
Dowenship said:
See, like you said you have some few guys that are into it which makes you believe it is good... It is Not compulsory for you to be involved because your those guys are into it... What works for them might not work for you...
Click to expand...
True, the best is to take time and study it, find out all the advantages and disadvantages involved in it, even if others are making money from it, they might not tell you everything only the good part, so find out all there is to know and if you are still interested, go ahead
 
I use bitcoin advertising networks on my sites. I earn $1-$2 worth bitcoin every day from Bitcoadz, A-Ads. For me this is the best way to make money from crypto currency. I have also invested on various crypto currencies.
 
Just like the common saying goes that there are more than one way to kill a rat. So apply to the cryptocurrency space as well. There are many ways to go about making money with it. You just find the one that flows with you
 
Nomad said:
I use bitcoin advertising networks on my sites. I earn $1-$2 worth bitcoin every day from Bitcoadz, A-Ads. For me this is the best way to make money from crypto currency. I have also invested on various crypto currencies.
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Wow, what a good way of earning crypto!!!! This Bitcoadz you talked about is it only for website advert or there are other ways of earning through this sites like carrying out of task...
 
Nomad said:
I am not using binance, looks like this is the favorite exchange platform for a lot of people. By the way coin base also has learn and earn program.
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I am using luno wallet account for my crypto currency savings and transaction and currently I am having bitcoin cash and litecoin in my wallet and the strategy I that I am planning to hold for a long time.
 
I.make sure to study the coins which I wish to invest in to enable me know if it's worth investing in or not, I study the price history, the rate at which investors are relating with the coin and more
 
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