Considering the situation on the cryptocurrency market in the current year, making profits from cryptocurrency assets is becoming more and more difficult.
Traditional venture capital investments in promising coins, as well as ICO (not to mention the earnings on the Bounty) bring less and less result. Practically all the market participants lost their portfolios extremely significantly, and this apparently is not the limit. Many are already beginning to panic very much and completely lose faith in this direction.
Personally, as an active participant in this market, I also have quite serious losses of investment capital in cryptocurrency. After analyzing and observing the situation, I came to the conclusion that we will not see market growth for quite a long time (but I hope that I am mistaken and the market will unfold earlier).
But despite this whole situation, I certainly want to still have a profit in the form of cryptocurrency, since the prices of cryptocurrency assets are now very, very "sweet." But since all the Altcoins are flying down much faster than Bitcoin itself for investments in ICO and Altcoins, I have now allocated a very small part of my assets and just keep them until better times.
And at the moment the following tools are more suitable for making money on cryptocurrency (in my opinion):
1. trading, especially using leverage. Having tested several exchanges, I chose the
www.bitmex.com exchange, because it has a very simple and intuitive interface, and it also allows you to earn bitcoins both on asset growth and on their decline (due to the fact that the trade is not conducted by the asset itself). , and a contract for it). Here you can very easily and effectively increase the number of your bitcoins.
2. MLM projects related to cryptocurrency. Here I am not talking about projects where trust management of your assets is carried out (although they can also be used, although it is more risky), here we mean real network companies (having a quality product that you can use). At the same time, the company rewards you for promoting this very product with the help of cryptocurrency (most often Bitcoin).
3. Earnings at the Bounty. Unlike the first two points (where you are earning bitcoins at the current time), here you are earning a cryptocurrency of new projects (which can later grow significantly), but only for long-term.
For myself, I chose such methods of cryptocurrency earnings in the current state of the market. How do you earn cryptocurrency now?