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
There are many ways to make money with cryptocurrencies. Before I start, I want to make sure that you know there is no easy ways to make money on cryptocurrencies. It needs a lot of resources, physically and mentally. Okay, here is the list :
1. Trading
In my opinion, this is the fastest way to earn money, but still, it doesn't guarantee you to always make money, as you can lose some of your money in the trading process. So, it is better to learn a lot before you start trading.
2. Mining
In my opinion, this is a great way to make money from cryptocurrencies, but you need a lot of money to buy the hardware and need to do a right calculation before you start mining, because profit will be depends a lot on the hardware and electricity cost.
3. Investing
Buy and hold for a long time (hodl). It is popular, but I guess it is more suitable for a long term kind of profit.
4. Working
There are many kind of work you can do such as selling your skills, joining in a campaign (bounty or signature), or other services you can offer to the world. In my opinion this is a comfortable way to earn as it only cost you your time and skills.
There are 4 ways to make money in cryptocurrencies. I guess that 4 are the basic thing of things you can do to make money from cryptocurrency.
Everyone can make money, especially in cryptocurrency world, but I suggest you do a lot of learning, and if you want to reduce the risk of losing money, better to spend only what you can afford to lose.
This is complete way how to earn money with cryptocurrency and include the explaination too.
I will add another one which is very high risk too. Thats gambling. Gambling can give us double profit just in short time but sometime loss also in short time.
