Beginners: Brief ways you milk from crypto
🍷 *We have 5 major ways of making huge money in the Crypto Industry..*
1. Coins Hodling
2. Investing
3. Mining
4. Airdrop
5. Trading
*1.Coins Hodling*
This is when you buy and store coins or Token in your wallet for a long period of time expecting it to appreciate in value...Act of Holding, always act of getting rich!
*2. Investing coins*
This is when you see a company and decide to Invest your money there to get paid in Crypto. By so doing, you get to accumulate some coins or Token as your Investment....Investment is another way of getting rich in a short time with crypto.
*3. Mining Coins*
This is when you decide to free coins in a new coins project with minning...mining also helps to create awareness of new coin project... Bitcoin was minned, Etherium was mined and others ..now we are minning BTCs🍷
You can also make money from coins minning when you are a validator..
This can only happen if you have some technical and technological know how.
It also require much money to set this infrastructure in place.
Eg: Computers, mining rings, electricity, taxes, cooler etc.....
*4. Airdrop Coins*
This is another easiest way to make money and be rich in Crypto.
You get from money out of nothing.
Every Coins Airdrop have their terms and conditions.
Some will tell you that you need to interact with their platform before qualifying for their Airdrop. Eg: Pancakeswap, Uniswap, 1inch, pangolin etc.....
Some will tell you to join all their social media which 99% of them are fake.
*5. Trading coins*
This is where you decide to always buy a coin or Token when it is low and sell when the price goes up in value.
Then you still wait for the price to drop to buy back again and you sell again when price goes high..
By so doing, you repeat the process over and over again.
We have 9 Types of Crypto Trading Namely:
1. Pre-sale (IDO, IEO, STO, IPO)
2. SPOT TRADING
3. ETF TRADING
4. FUTURES TRADING (CROSS & ISOLATED)
5. MARGIN TRADING (CROSS & ISOLATED)
6. STOCK TOKEN TRADING
7. P2P TRADING
8. STAKING
9. FARMING (LIQUIDITY PROVIDER)
*IN CRYPTOCURRENCY...YOU MUST ALWAYS GET RICH
$WAGMI