Cryptocurrency investors traders and other market participant looking for some other ways to make more profits in cryptocurrency investment after the last year disastrous and bearish situation that stroke the crypto global market,
smart investors are thinking of how to recover from this situation ,
Despite the terrible situation that stroke the global market last year including the flagship crypto the Bitcoin that goes below 16,000 and a wipe out more than 2 trillion in global market value but investors are hopeful for a recover and a better crypto investment season this year 2023,
ways to make more profits in cryptocurrency no mater the situation of crypto market
Staking : staking cryptocurrency is one of the method or ways an investors can make more additional profit instead of leaving your crypto in your wallet doing nothing and not receiving anything in return as an investor it is better to stake your crypto to receive a reward in return,
gaming is one of the activities and Investors can get involved in to make extra income in crypto currency without the fear of the situation of the market playing games to earn is always a good option,
Affiliate Programs: this strategy is a very good one and even big business companies are now patnering with people to bring customers and get paid,
Get Paid to Refer a Friend.
There are many crypto affiliate programs that pay you for referring new users to their platforms instead of getting involved in crypto trading .
Affiliate programs are free and easy to join once you create your account, you’ll be given a special unique link. You can start sharing the link on your social media, websites, blog and whenever a person signs up or makes a purchase using your link, you will receive a commission.
Isn't this a cool way to make money "Crypto lending: an investor can also make money from lending his or her cryptocurrency out to people who may be willing to use it for daily activities and at the end of the day a commission will be paid into the crypto owners this works just like staking,
Airdrops and forks
free tokens are distributed to generate awareness for a particular coin to get known an exchange might do an airdrop to create a large user base for a project and being part of an airdrop at that moment can get you a free coin that you can then use to buy things or to invest or trade.Mining : is the most common way to make money with cryptocurrency without any trading activities
Mining validates blockchain transactions and adds new data blocks to the chain. Miners are rewarded with cryptocurrency as a result of their efforts many newbies in cryptocurrency get to know about cryptocurrency through mining and it has being a great opportunity for many of them to actually make a lot of money.
Mining can be done with either specialized hardware or cloud mining services but with Cloud mining this dose not require the purchase or maintenance of hardware, but the rewards are typically lower than with hardware mining, however mining is one of the easiest way to get cryptocurrency without any trading activities,
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