Hello guys,
How are you everybody?
I am very interested to know about how to make real money with cryptocurrencies.Can anyone help me please?
Thanks
Buy and Hodl
The best way to earn through cryptocurrencies is to buy some potential coins and hodl for a period. You need to do a simple research once and need a little patience. Bet on some large cap and popular cryptocurrencies and forget your holdings for a year and enjoy 5x-10x returns.
Trading
Trading is the best way to earn huge profit on your initial investment. But the crypto market is very volatile, uncertain, unpredictable and unregulated which brings about huge risks along with huge profits. Before starting with crypto trading, do analyze the market either with a dummy account or with small amount of money. Returns are huge(2x-100x), but risks are big too.
Mining
There are some cryptocurrencies whose mining is profitable like LTC, Zcash, ETH etc. But I would say unless you really want to do it, invest in them instead the same amount you would need to invest initially for mining, profits would be better.
Other ways are:
Faucets (mere time waste)
Sell a service or product for cryptocurrencies
Masternode staking
Giving loans
This sums it all up.
Buy and hold - basically low risk high reward but it take months and years to earn huge profit.
Trading- High risk have higher rewards if you know what you're doing. You can earn huge profits in days or hours but still you may lose all your money as well.
Mining - Low risk high reward but you need a high capital since you need to buy hardwares.
Faucet- If you have a lot of time do it. Me personally it's just a waste of time.
Others are self explanatory
You could also earn here at the forum or in social media by joining a campaign.