How I made $40 with Bitcoin trading in a week.
You might have done some research but thought it looked too technical or complicated. We’re here to tell you that it’s not! Anyone can learn how to earn money with cryptocurrency and by the end of this article, you’ll be able to start yourself. We’ll also help you by categorizing the methods based on:
Read on as we walk you through it and cover several great ways of earning an income with cryptocurrency.
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Buy and hold
Buying and holding is the method you’re probably most familiar with when it comes to investing and making money with cryptocurrency: You purchase some sort of asset (like stocks), you let interest build up, and then you eventually cash out.
It’s the same idea in buying and holding with crypto, except you are waiting for the price of your chosen currency to go up so you can sell at a rate higher than when you bought.
This is one of the best and easiest ways to focus on how to make money in cryptocurrency.
For example Bitcoin was worth around $13 in 2013, and at the most peak price we’ve seen so far was nearly $20,000 in 2018. That means if you had just purchased $200 of Bitcoin in 2013, it would have been worth over $300,000 if you sold at the peak price! That’s a 1500x return on your money, nearly unheard of in such short of a time in the stock market. It really shows the power of making an income with cryptocurrency.
If you’d like to know how to make money with cryptocurrency by using buying and holding, we have some articles ready for you so you can get your coins and get started!
Easy link to start making good money with Bitcoin trading
Sign up and you will receive bonus of $6.9 worth of Bitcoin when you deposit money into your Luno wallet and buy or sell Bitcoin to the value of NGN 5,000 (Luno exchange not included): https://www.luno.com/invite/R7JB37
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