Hi everyone,
I'm new to Bitcoin and crypto in general, though I'm learning and growing fast.
I hold some coins but I wonder if I am making profit that way. Trading really require more skills and knowledge of crypto and the trading platform, hence I don't want to rush in. So, are there ways to increase my bag without Trading?
There are a few ways to increase your crypto bag but all of them have their own clauses
Staking - It's quite safe to stake and grow your coins but slashing would result in loss of stake
Investing - You can invest as much as you can in regular intervals but again you need to have that kind of money to invest in at the first place
Crypto jobs - You can do jobs and get paid in crypto but then you will need to have those skills to get that kind of job
Lending - It can get you more returns but the risk is all yours since people may run away with the coins.
My best choice here is staking but you have to choose a potential coin which does not depreciate in price over long term.