Hey guys in this post we’re going to talk about how to make money with cryptocurrency. Even if you are a complete beginner. You’re like what is that crypto stuff. We’re going to go more about that in this article.
How to Make Money with Cryptocurrency
The first way obviously is investing low now. This really depends on where you feel the market’s going to go. Remember I’m not a financial advisor. This isn’t financial advice. But if you believe that crypto is here to stay that the blockchain technology is here to stay. Then becoming an investor in things is going to be a good way.
Like I remember when I first got started in crypto and I would literally go to all these events. It was like back in 2017 and it was just insane. Because when I went to these events you would just see the weirdest people. There were people that looked like drug dealers or people that were severely overweight. There were also people that were like 14 and 15 years old. All of them made millions from crypto.
How was it because they just invested a lot earlier on? Now granted some people didn’t know they were investing. When they were just trying to buy and sell sketchy stuff. But because of the fact that they had it in their possession when it was at a very low value. They kept on to it as it got a higher value. That’s how they were making money with cryptocurrency.
I remember I met this guy it was just the most ridiculous story. He literally got his inheritance money. Like I think his grandpa died or something. He was like bestowed onto him like a hundred thousand dollars. Then he was just like you know what screw it. I’m going to take all these hundred thousand dollars and he just threw it into bitcoin.
Because that it grew like crazy, he showed me it. I was like oh my god how did you have the stomach to just throw all of that money into bitcoin. When it wasn’t even that popular that’s because you have to kind of believe the technology right. I’m just really curious would you do something as ballsy as that it’s pretty ballsy.
Guts and Courage
I don’t know if I would have had the stomach to do it. Especially when not a lot of people were talking about it. When he got into it and like said there still could be an opportunity now depending on. If you think it’s going to keep on growing. You think it still has like a long-term widespread ability to actually get more and more people to actually go ahead.
Do it it’s very easy you just go to Coinbase. Literally, you just link it up with any debit or credit or even like your bank account. You can just start buying bitcoin, Ethereum, Litecoin by cash whenever you want to. Like I said super easy to actually get started with investing with Coinbase.
The second thing is trading finance is a good way to also start with exchanges. I also met another guy in uh Thailand. I think it was he who came over here from Canada and a lot of his money. He made was from trading. Now granted he also worked for exchanges. When he was younger and he was getting paid disgusting amounts of bitcoin. Back when bitcoin was worth nothing.
But now how he makes more and more money is he lets the bitcoin. That he has actually gone to work for himself right. So, what he would do is he would do a lot of day trading. Now granted like this would ruin your soul. If you don’t know much about date trading. You have to do all this like technical analysis and like put little graphs and x’s and lines. Whatnot and it is a pretty tedious way to actually get started with.
This is why in every gold rush it is sometimes better to actually go ahead and sell shovels that is why I would also recommend just maybe becoming an affiliate for this exchange. Because instead of you going in risking your money in your capital day trading. What if you just gave crypto news on a blog or YouTube.
Because of the fact that the competition is very low. This is just a new trend that is really surfacing to the mainstream population with the finance affiliate program you could see that you could get up to 50 commissions every single time someone completes a trade. Because at the end of the day no matter if someone makes money or loses money in cryptocurrency.
People that will always make money are the house is the exchange. So, another good idea to mitigate your risk is what if you’re just like let me just partner with these people. Like I said I have friends that went this route. Because they’re like man I’m losing so much money with day trading what if I just like made crypto news videos.
Content & Views Easy
There are so many different ones that are now popping up. It’s very easy to actually get views because there are so many people that are googling it. But very few people are actually creating content compared to all the other things.
Like how to make money on YouTube how to make money on Pinterest. How to make money all these things right. There are so many people that already talking about this when it comes to this. Now a lot of people are talking about crypto news.
Because it’s news there are so many things to talk about guys. So even just doing something like that sending them to your finance affiliate link. You can start making money with cryptocurrency.
Learning and earn crypto
Now the next level is learning and earns by lending your crypto. It’s the exact same thing as a bank man. Like banks make money by taking your money putting it in their little savings account. But when you’re not looking guess what they take that money.
They invest it on your behalf. But they won’t pay you anything from what they invest. The money that you are allowing them to actually hold. They literally take that money and earn money off of money that’s not even theirs by lending it out. Now you don’t have to be a bank to actually make money with that.
You could actually start making money by lending and earning crypto awards with cryptocurrencies. It’s pretty easy how to earn more from your crypto holdings. You can earn rewards on cryptocurrencies you hold on your bitfinex wallet.
The list of supported cryptos offer. A wide choice of cryptocurrencies such as bitcoin ethereum and tether. So slow minimum deposit required in no lookup period. The rewards can be withdrawn to your bitfinex wallet with ease. Just like that you are ready to go you start leveraging money. Like the one percent or instead of you working for your money. You let your money work for yourself now.
The next level which we are getting into is social media seemed to be a good way. As well you could see all these people writing blog articles and whatnot. This person made 13 bucks 26 bucks 30 bucks 18 bucks you can even get. It to the point where you’re making up to a hundred dollars a day. Look at this is I think Chinese Konichiwa is up and it’s pretty simple to sign up.
The reason why they do this is that they get paid by getting a bunch of views to this blog article. This blog in general. So then advertisers are willing to pay them to start putting things like this. Which is advertising to be seen to all these people that are you know coming on this blog article. Most people they’re like screw you. We’re not going to pay you any of that money. You could just be a writer on our platform and get a little link to your own little blog.
Seem it’s not like that like okay. Because you’re helping us build this platform. You’re helping us get eyeballs why don’t we just pay you back. What we’re also making as well it’s kind of like the YouTube model as well. Where you know you make content and then they’ll pay you a portion of the advertiser money. When you write a blog and people put advertising and google AdSense on it. Instead of the advertisers making all the money. They’ll literally split the profit with you.
This is just another way to make money with cryptocurrency. Then you have a very interesting way. I have a friend in Australia who literally did this and while he was building his restaurant. He started mining bitcoin and because of that he just turned into a bitcoin millionaire.
I’m not saying that’s going to be you. Because this isn’t financial advice. But essentially you got to do it just like buy minor rigs. Stuff like that you could see the kind of like the profitability per day. You got 50 a day 37 a day 20 a day. If you get multiple of these you could also start making multiple streams of income in bitcoin. You’re going to get one of these interesting-looking machines.
You see like the profit and you have per year it’s a pretty intense-looking setup rig. Once you actually get one of these. You just got to get like a bitcoin wallet which exodus you could get up. Running it’s completely free to get started and start making money with cryptocurrency.
Hold Your Cryptocurrency
You can just get exodus now and this is where you like to hold your crypto. This is like your bank or your wallet right. You get a hold of these things. Then you have to join a pool. So here you could join a slush pool account. Keep an eye on your farm while you’re on the go find out other issues as soon as they happen.
Verify that your rewards are fair with our statistical proofs. Where you can get one of these at nicehash.com. Nice hash miner most profitable and easy use miner you have a bunch of demos here. You can already start mining bitcoin but you also have to have all of this setup guys.