Through what ways do people make money from cryptocurrency? Is it by trading like stock market? Or by buying and holding till prices change? Either way I know you need a crypto exchange platform.
Which crypto exchange is best?
Luno?
Binance?
Please enlighten me. I want to give crypto a try.
How do people really make money from crypto?
(856 reads) See also â–ş How to make money online from home in Africa â–ş In what ways can financial literacy guide how people earn?
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Jared
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6 Strategies for Making Money with CryptoexBanker wrote: ↑January 16th, 2023, 5:49 am Through what ways do people make money from cryptocurrency? Is it by trading like stock market? Or by buying and holding till prices change? Either way I know you need a crypto exchange platform.
Which crypto exchange is best?
Luno?
Binance?
Please enlighten me. I want to give crypto a try.
If you are wondering how to earn money with cryptocurrency, look no further! Strategies for making money with crypto rely on three mechanisms:
Firstly, you can invest or trade in the crypto exchange market. You can do this without owning any crypto yourself, like investing in gold on the stock market.
Secondly, you can use the coin you already own to stake and lend coins to the system or other users.
Thirdly, you can participate in the blockchain system by mining or receiving coin rewards for work done in the system.
Based on these three mechanisms, here are the six strategies for making money with cryptocurrency:
1. Investing
2. Trading
3. Staking and Lending
4. Crypto Social Media
5. Mining
6. Airdrops and Forks
Read details at https://www.stilt.com/blog/2021/06/how- ... ocurrency/
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°
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Jared
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