Do you want to learn to earn money from cryptocurrencies? Check here
Well, who doesn’t!
Hence, in this article, I am going to share with you some of the best ways of making money in the crypto-sphere.
Of the ways listed below, I personally use some of them to book profits, and I’m not complaining.
However, alongside making money, you also need to be aware of scams because, in a decentralized space such as cryptocurrencies, the chances of you getting caught in a scam is also very high.
Skills: Beginner
One safe way to earn money in cryptoland is to buy good cryptocurrencies that have a fundamental use case and hold them until they obtain a fair market share.
For example, cryptocurrencies like:
Bitcoin
BNB Coin
DOT
MANA
LINK
VET
Tezos
WRX Coin
KMD (Komodo)
Monero etc…
…are safe buys most of the time.
You can buy and hold them for a longer-term because they are bound to appreciate against the fiat pairs of USD, EUR etc.
Also, on our CoinSutra blog, we have reviewed more than 15 cryptocurrencies fundamentally.
That, however, is NOT a piece of investment advice but an example of how to get started in picking the right unicorns for yourself.
Buying & Holding Cryptocurrencies For Dividends
Another smart way of earning through cryptocurrencies is to buy and hold cryptocurrencies that pay you dividends.
There are many great cryptocurrencies that pay you a fair share just for holding them and you are not even required to stake them, especially in a wallet.
Some of these cryptocurrencies are:
BNB
XTZ
ATC (Atomic wallet coin)
KAVA
NEXO
We did a detailed analysis of these currencies for you to understand in detail and choose the right ones for your portfolio.
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