Hello guys,
How are you everybody?
I am very interested to know about how to make real money with cryptocurrencies.Can anyone help me please?
Thanks
Buy and Hodl
The best way to earn through cryptocurrencies is to buy some potential coins and hodl for a period. You need to do a simple research once and need a little patience. Bet on some large cap and popular cryptocurrencies and forget your holdings for a year and enjoy 5x-10x returns.
Trading
Trading is the best way to earn huge profit on your initial investment. But the crypto market is very volatile, uncertain, unpredictable and unregulated which brings about huge risks along with huge profits. Before starting with crypto trading, do analyze the market either with a dummy account or with small amount of money. Returns are huge(2x-100x), but risks are big too.
Mining
There are some cryptocurrencies whose mining is profitable like LTC, Zcash, ETH etc. But I would say unless you really want to do it, invest in them instead the same amount you would need to invest initially for mining, profits would be better.
Other ways are:
Faucets (mere time waste)
Sell a service or product for cryptocurrencies
Masternode staking
Giving loans
For now this is the best thing to do. Since the market is not in a good state, where many coins are down or going that way. It would be better to buy and hold on them until such time that their values go up and their price points as well. The cryptocurrency market is such a diverse market that there are so many ways to invest and get profit from it. To name a few, you can do day trading, ICO investments, ICO bounty campaigns, Airdrops and Faucets, and some more means. You just have to choose what fits your capacity and ability.