How to make money on cryptocurrency?
When the excitement around bitcoins has already reached its peak, make money on cryptocurrency Only those who know nothing about it do not dream. All housewives are aware of bitcoin, ether and ripple, and set up their home computers for miningand also use services that work in digital coins.
1. Buy and wait
The easiest way to make money on a cryptocurrency is to buy it and wait for its rate to rise, and then sell it profitably, preferably at the very top. There are also cryptocurrencies that pay dividends, like stocks. It is important to choose the cryptocurrency very carefully to buy, because you can become a victim of fraud related to artificial inflating its value.
2. trading
You can try your hand at the exchange and become a real trader, buying cryptocurrency at a low price and selling it at a higher one. Not everyone is lucky, this path requires skills and patience.
3. investment
It is fashionable today to participate in various investment projects that are based on cryptocurrency technology and receive a percentage of their income. It is important to be well-versed in this field, so as not to run into a knowingly losing option.
4. Foundations
Now there are various funds where investors buy units or parts of cryptocurrencies, and managers use this money to invest in real estate or invest in other physically expensive assets. Holders of such cryptocurrency-based units earn a percentage of the project's profits.
5. Services for cryptocurrencies
Creators of cryptocurrency services may not earn that much now, but that will change soon, as the popularity of coins grows every year. Convenient and client-friendly service is always in demand, which means it can be well monetized. It requires only ingenuity, diligence and a bit of luck.
How do you make money from cryptocurrency? Share your successful or not-so-successful experiences that will help readers.