You’ve probably heard of cryptocurrency (or crypto, in short form), and are interested in learning how to make money with cryptocurrency. Crypto is one of the hottest investing topics right now and there are news articles all over talking about how people are becoming millionaires by investing in altcoins.
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.
CoinSutra » Cryptocurrency » Top 13 Ways To Make Money With Cryptocurrency (In 2020)
Do you want to earn money from cryptocurrencies? Well, who doesn’t! Hence, in this article, I am going to share with you some of the best ways of making money in the crypto-sphere.
Of the ways listed below, I personally use some of them to book profits, and I’m not complaining. However, alongside making money, you also need to be aware of scams because, in a decentralized space such as cryptocurrencies, the chances of you getting caught in a scam is also very high.
One safe way to earn money in cryptoland is to buy good cryptocurrencies that have a fundamental usecase and hold them until they obtain a fair market share. For example, cryptocurrencies like:
…are safe buys most of the times.
Everyone gets into the cryptocurrency field to make money, but not all end up doing that. A lot of people either simply give up along the way or fall into some sort trap with the rising cases of crypto scams.
Truth be told, there are quite a handful of methods you can make legitimate money with cryptocurrencies other than the obvious way of trading. We, therefore, decided to explore some of the proven ways of how to make money with cryptocurrency; we found quite a few, but be assured that you’ll find them very impressive.
Without further ado, below are 10 ways to make money with cryptocurrency today.
This is the most common way of earning money from cryptocurrencies. Most investors buy coins such as Bitcoin, Litecoin, Ethereum, Ripple, and more and wait until their value rise.
Nowadays the world wide web is crowded with “Make Quick Money with Crypto” guides since this is what cryptocurrency is about, at least for the majority of people. A few are technology enthusiasts, who see the beginning of an entire new money system, which is greatly explained by Mr. Antonopolis in his book “The internet of Money”.
Below is all the ways to earn from Bitcoin and cryptocurrency and the returns you can expect (spoiler: most thing will end up losing you money).
Before you start, the goal of this article isn’t to be another superficial piece, but something super in-depth. I reckon if we spread the word, we can save readers literally millions of dollars 💰
I’ve seen how much money has been lost because of the scams, lies, and truths of cryptocurrency so:
For literally the last 3 years, I’ve been eyeing up every option to make an income through crypto. From mining coins myself, to ICOs, to playing around with scam-coins, to even starting my own cloud mining business, I’ve attempted it all.