CAN YOU MAKE MONEY FROM CRYPTOCURRENCY?

a. BUY AND HODL

Relatively speaking this is the “safest way” to earn crypto. All you need to do is buy an amount you feel comfortable with investing in a certain coin and just hold it for a year. If the coin is one of the more promising cryptocurrencies it will most likely to increase in value from the price you bought it in at.

Be responsible and do your research, don’t simply buy a coin because someone shilled it to you. Have a look at information like the coins whitepaper, roadmap, follow them on social media, check out the circulating supply, market cap and daily volume on popular exchanges. I’ve personally bought 12 different coins and will be hodling them for the next year or more.

b.Staking Cryptocurrencies

I personally like this way of earning because you get the dual benefit of price appreciation for holding good cryptocoins plus the additional reward as dividends for staking the coins. Staking is basically holding cryptcoins 24*7 in a live wallet, hence earning new additional coins as a reward for staking and securing the blockchain network. Some noteworthy coins in this segment are:

Neblio
Komodo
PIVX
Decred
NAV Coin
BirdgeCoi

c.Masternodes

Running masternodes of cryptocurrencies to earn smart passive income is also one way of earning in the crytosphere. A masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, just like your have Bitcoin full nodes, and is always up and running to perform certain tasks.

For performing such tasks, different cryptocurrency networks pay the masternode owners. However, for running a masternode you must have a minimum number of coins to get started. The minimum amount to get started with a masternode is different for all the cryptocurrencies but it is usually in the range of 1000 to 25000 coins.

Some proof of stake currencies that have the masternode functionality are:
DASH
PIVX

d. Day Trading Cryptocurrencies

If you understand and are good at technical charting at various intervals in the day, this method of earning is for you. You can day trade different cryptocurrencies on various exchanges such as these:

Binance
KuCoin
Cryptopia
The idea is simple – buy low and sell high when you target is reached. This method works very well for a technical charting person because crypto, being a volatile market, can fluctuate 20-50% in a day depending on the choices you make.

e. Work For Cryptocurrencies

This is an apt way of earning through cryptocurrencies. If you are a developer or a tester, a writer or a designer, you can start earning in cryptocurrencies right away by exchanging your services for it. There are numerous platforms and websites that offer you Bitcoins in exchange for your service, some of which are:
Jobs4Bitcoins
XBTFreelancer
Coinality
bitWAGE
CoinWorker
Angle.Co
21.co
This way you not only earn cryptocurrencies, but also benefit from the price appreciation that cryptocurrencies on the whole are witnessing over the past few years. You can start by working for these cryptocurrencies in my opinion:

Bitcoin
Litecoin
Ethereum
Monero

f. Referrals

ways to earn cryptocurrency online without investment
This is the most straightforward way to earn cryptocurrency, but it only works if you have huge traffic or a big loyal follower base.
Referrals are basically links or other ways for you to invite others to a certain platform and get paid commission if they sign up. For e.g. you can look for crypto exchanges referrals like Binance and Coinbase, Bitcoin gambling sites or even platforms like Earn.com. Yeah, they have referral programs as well. I’m personally signed up for all kinds of referral programs, such as those from Coinbase, Trezor wallet, Binance, Localbitcoins and so on. Each platform may have their own referral program, so just look around the website to see if they have one.