If you don't want to invest in crypto currency investment platforms its okay, because we will discover heremore ways to earn more money in crypto currencies. Read this article till the end you will find some realistic ways to earn money from crypto currencies at while at home. And it could be a great help for us in this pandemic times of our world.
Earning money from crypto currencies is a bit hard and confusing especially for those who are new to this kind of online earnings sites and apps. And it would come to your mind if it's really paying or its legit. And if you really can earn a lot, or have a passive income from here.
Of course my dear friends i cant guarantee you all that we can have a passive income in here because it depends on what you want to earn unlimited money or it depends on what kind of earnings ways you want if its investment or a free sites or apps only but investment is too risky for us especially those who are only having a simple life and having only a little amount of money in their pockets.
Read my article because i will share here some simple ways on how crypto world goes on. Earning money from crypto can be categorized in two ways. first, direct investment in some major high valued crypto currencies. Second there are a few indirect ways that we will discuss later in this article.
DIRECT INVESTMENT
the most popular and widely known way to earn money from crypto currencies is to invest in it. So generally, you can invest in bitcoin, bitcoin cash, litecoin, doge, ripple, cryptos in many different ways such as LONG TERM INVESTMENT , HOLDINGS, SHORT-TERM INVESTMENT, DAY TRADING AND SCALPING.
IN HOLDINGS
You buy an crypto currencies asset at a lower price and hold for a long period of time to grow, then sell your holdings when you have reach your target price of profits you want. This technique is the most very common and easiest way to invest in crypto currency world of investment platforms or you can make it in some supported legit applications in your country place. Or some legit platforms here for international and big companies that has crypto investment websites. How ever, there is a high risk associated with it, but some people have earned money from this kind of strategies.
IN SHORT TERM
In short term investment, you buy crypto currency assets what ever you want and comfortable with,only for few weeks or a month and sell it once you reach your target amount of profit from your investment capital. Day trading is the most likely used technique to invest in major Higher value of crypto currencies like bitcoin and etherium now a days. But you need to learn technical analysis to make a consistent Profit from the market. To gain more good profits from this strategies.
In day trading, you take one or two trades to earn a profit you can both take a long and short positions in day trading.
SCALPING
Scalping is another way to trade in crypto currency investment like in bitcoin, generally in this technique is used in algo trading which takes multiple trades in a single day. If you want to invest in bitcoin or any crypto currencies you have to invest only what you can afford to lose or risk so that its not really so bad from your life impact.
WRITING OR BLOGGING ABOUT CRYPTO
Are you passionate about bitcoin, or bitcoin cash or a digital currency? If your interested in this kind of topics or you have even a little i dea about this, or having an idea about block chain technologies then you can also earn money by writing articles on it. You have need to know a writing skills and a good understanding about digital currency, marketing or any related information about crypto currencies. You can search from more online work in different content services providers to write for them or you can start your own blog about crypto currencies. Starting a blog on a bitcoin or digital currency can be profitable in the future.
DEVELOPING BLOCK CHAIN APPLICATIONS
If you have a good understanding of bitcoin and bitcoin cash, then you must heard about block chain. Blockchain is a distributed ledger through which the crypto currency transaction are possible. Or goes of transferring all the payment or the transactions any where it sent. You can learn coding and programming to develop applications which are used for bitcoin and bitcoincash this maybe initially hard but if you study from this field of expertise, there is a huge opportunity for this in the futures.
Actually now this days that crypto earnings websites and applications are in demand especially this world wide pandemic comes out all over the world. We know that almost of all people lost their jobs and being locked down in their houses for safety protection from this virus. Most of the companies makes more a lot of games applications where you can earn some different kinds of tokens, coins, from their own values or tokens of their own company apps. That can be exchanged from the major High value crypto currencies like bitcoin and bitcoincash and etherium.
Actually im the one who is fond of trying and earning here in this kind of ways on how to earn in crypto currencies. Because its a lot of fun and can make your free time more valuable because at the same time you earn a little penny with this. And much more it was not risk because all if the application is only for free, you need only your gadgets and Internet connection to be able to use this kind of strategies.
CRYPTO CURRENCY MINING
Another way of earning money from crypto currencies is by mining or cloud mining. Mining is a process by which the transaction records are added to the distributed ledger by solving complex computational problems. When you are able to solve a problem.you can earn crypto assets. But yoi need to be wise to earn in mining from crypto currency. Because some of tgem are gone instantly after they paid a first batch of their first miner. Its really hard. Sometimes you need also to invest here some money to start your mining hash to earn by your choosen Contract or ROI(RETURN OF INVESTMENT) but this kind of strategy is also very risky but its upbto you if you will try this kind of methods.
There are also many free applications where you can earn and mine crypto currency tokens or crypto currencies itself like bitcoin, that can be exchanged in their supported exchanger or digital online wallet applications that is really legit to get your payouts. Some of this mining also are in websites many people are having this kind of crypto currency earnings so that it can be easy for them to earn a little but you have to be careful in investing in some crypto mining sites and applications to avoid money loss or money scams.
Hopefully, this article has help you to discover different ways of earning in crypto currencies and i hope you learned a little more about about this kinds of ways to earn a little penny especially in this pandemic times. But dont i suggest that you don't have to invest more money to earn a lot friom this kind of earning money from bitcoin, and bitcoincash.