How to Make Money From Cryptocurrency in 2019

Discussion in 'Help Desk' started by Proxy, Jan 21, 2019.

  1. Proxy

    Proxy Moderator Staff Member Moderator

    On this page, you are going to learn the ideal way to earn money from cryptocurrency trading, buying and selling cryptocurrencies and other related opportunities in the virtual currency world.
    Aside from buying bitcoin and Alts with stolen credit/debit cards, there are other proven ways to make legit money.
    You are going to discover the methods I have used over the years and intend using them in 2019 to make money from crypto.

    Bitcoin and other cryptocurrencies are now seen as the future of money. If you are in this present world and you are not earning from them, then you have not arrived.
    The question now is do you want to make money from cryptocurrencies? I know you will be much interested and that’s why I’m going to share my best and working method to earn some money from crypto in 2019.


    Ideal Way to Make Money From CryptoCurrencies?
    1. buying and selling cryptocurrency or HODLing
    You can either decide to be a day trader of popular cryptos or buy the dip and HODL for the Bull Run. We all know how volatile bitcoins and other alts are; you can be a millionaire within a few hours depending on the amount you’re trading with.
    Sometimes, you will make a lot of money from buying other cheap alts with good value. Always research any coin you want to buy and make sure they are not shit coins.


    1. Staking Cryptocurrencies
    We all know what staking is all about; it’s about holding cryptcoins 24*7 in a live wallet. You will earn additional coins for staking and securing the blockchain network.


    The benefit here is that the earning comes in the double fold; you will earn from the price increase and also get an additional reward for staking your coins.


    1. Cryptocurrency Arbitrage
    To do arbitrage trading, you will have to research exchanges to find which coin is selling lower at a certain exchange and selling higher at another exchange.
    Then buy lower and sell higher. That’s what we regard to as arbitrage trading of cryptocurrencies.

    1. Mining Cryptocurrencies
    Although there are a lot of scams associated with mining of cryptocurrencies they are still minable if you are mining on your own or got a good source to connect to his/her miner.
    There are a lot of requirements to start bitcoin mining. You must be ready to make initial investments for buying mining equipment like ASIC and GPUs plus the additional supporting hardware.
    Additionally, a constant electricity supply is needed to successfully mine coins.

    Cost of setting up a mining equipment (Antiminers) are high, if you cannot afford it, you can look for someone to pair with.
    Soon, I will be back with other ways to make money with Bitcoin, Ethereum and other Altcoin
     

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