Crypto has been an extremely HOT TOPIC over the last several years.  And it gets even hotter when people like Elon Musk (the richest man on the planet) talks about it and tweets about it often.  And that leads more and more people to try and learn how to make money with crypto. There are a handful of methods that you can use to make legitimate money with cryptocurrencies.

If you're new to crypto I would highly recommend you grab this training that will bring you up to speed on what crypto is and how it works.  In this article I'm going to talk about how to make money with crypto.

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Buy and Holding:

Buy and holding is the most common method to earn money from cryptocurrencies. In this method, investors buy coins such as Litecoin, Ripple, Litecoin, Bitcoin, etc., and wait for the value to rise. Once the market value of the coins increases then they sell it and earn profit. To adopt this strategy you first need to identify more volatile and stable assets that shift their values rapidly. In this way you can earn regular profits. Assets like Ethereum and Bitcoin are popular for their regular price fluctuations. Therefore people consider these assets as a safe investment. But there is no limit you can trade any asset. However, before holding any asset make sure that you have done an in-depth analysis of the asset. There is also a misconception that only the most expensive assets can make profits which is wrong. Because there are also thousands of small altcoins that have a decent price shift.

The majority of cryptocurrencies believe that the only effective way to earn money through cryptocurrencies is through day trading. But they lack in knowing that day trading is not limited to just holding assets until their value raises. Its scope is more than that and it takes a lot of effort to become a good day trader. For this proper technique as well as analytical skills are required. You also have to keep an eye on the market charts on the performance of the listed assets so that you may earn money through the day trading-most rewarding method.

To start earning through day trading you need to sign up and buy assets, analyze, and you are all set to your cryptocurrencies journey.

Stake Cryptos

Another method for earning money through cryptocurrencies is the stake crypto method. In this method, you hold cryptocurrency to support the network and to verify the transactions. And in return for holding the crypto and strengthen the network, you get a reward. Some people call it interest. With this method of staking coins, you can generate a handsome amount of passive income. Apart from this you also receive a reward in the form of extra tokens. However, all cryptocurrencies do not support staking.

Cryptocurrency Dividends

In this method, you buy cryptos and hold these cryptos for dividends. And for this simply buying and holding several coins will get you paid. The best part about cryptocurrencies dividends is that you do not need to stake these coins, especially in a wallet. COSS, NEO, CEFF, KUCOIN are some of the examples of coins that pay out dividends. However, just like traditional stocks, not all these coins are suitable for everyone. So you first need to make an analysis and pick out according to your investment objectives.