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Re: How can I earn from cryptocurrency as a starter?
by
bettercrypto
on 20/06/2023, 10:36:58 UTC
As a starter in the world of cryptocurrency, there are several ways you can potentially earn from it. One common method is through trading, where you buy cryptocurrencies at a lower price and sell them at a higher price to make a profit. It requires research, market analysis, and understanding of trading strategies. Another approach is investing in promising cryptocurrencies for the long term, known as "HODLing." This method involves buying and holding onto cryptocurrencies with the expectation that their value will increase over time.
It is very difficult to make money from crypto currency in the beginning through trading and investing. Because in the beginning no one will have any idea about trading or investing. How can he earn money by trading or investing if he has no idea about trading. If you trade or invest without enough knowledge or experience, you will lose more money instead of earning money.

Nothing can be achieved at the very beginning. To achieve something, first spend time on that subject, spend time to learn about that subject, and then expect something.

What you mentioned is true, because others thought that only buy and sell will be done on the trading site platform. They thought it was that easy and they would make money right away. When you don't really know or have depth in cryptocurrency for sure you won't earn what you expect.

As a beginner we should learn to research and study first when entering the crypto space. It is not enough that you have capital, you must have knowledge so that you are not fooled. Know the things that should be known first, study first before work, it's that simple that we should understand.