1
Cryptocurrency discussions / Re: Common methods to make money from crypto currency
« on: March 20, 2024, 06:38:12 PM »One of the best and common methods form making money is HODLing which means "hold on for dear life." This process involve buying and holding crypto currency for a long period, with the hope of price inflation or increase over time. Ànd way is call day trading buying and selling p2p of crypto on a daily basis to take advantage of the short period price . Other way include staking, mining and yield farming." Most common methods also involved "crypto lending." This process involve lending crypto to user in exchange for an interest payment. While some other platform give you the opportunity to lend your crypto and earn fix interest , same as banks. Note crypto lending there are risk involved, scammer and theft.Cryptocurrency has various ways you can make money from it through trading or HODL this methods are very useful you can either start trading or buy coin and hold for a long period of time for it to accumulate and increase in value.
Another method from making money from crypto that's gaining popularity it's called "play to earn. These are crypto games where you can earn rewards by just completing tasks, battles win and milestones.
There are other ways which you can also gain from crypto, called "crypto faucets." These are website or apps where you can perform tasks like watching ads, taking surveys and get paid small amount of crypto. Have you ever use a crypto faucet? Well "Crypto airdrops." Are also involved when crypto project gives out free token to users, to promote a new project . You will receive airdrops by joining a project community and completing a certain task . It's very important to be careful of scammers before taking part in an airdrop make your research.