I earn cryptocurrency in four major ways - check them out!

in #cryptocurrency5 years ago

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Introduction

Earning cryptocurrency is not so easy - just like making money could be a big deal. But then, with determination and hard-work, anyone can still make some extra income through it. The bear market have discouraged lots of crypto enthusiasts, but those that hung on will definitely not regret doing so.

MAny people earn cryptos in many different ways. What works for one person might not work for others. Without much talk, i will go straight into showing you 4 major ways I earn cryptos - I do it everyday. Check them out:

1. HODL: This term stands for Hold-On-To-Dear-Life. Its simple! Yo buy bitcoin or other cryptos when the price is low, hold it in your wallet and sell when the price goes up. Easier said than done. You know how crryptocurrency fluctuates. It happens so fast that you can sleep a poor man and wake up a rich man. Most times, it happens the other way round as most people have experienced it. However, if you brave enough to handle the bear and bull runs, then HODL is for you. If have read about the halving of bitcoin which will happen sometime around May 2020, then you might consider to buy and hold now.

2. Blogging: You know this. Everyone knows it and thats what Steemit is probably all about. Post original content on the platform, hope that many people will see it and vote for you, and you earn. Well, not so easy unless you figure out a community or join one, or have friends with powerful Steem power. However, you can still earn here if you write well and get noticed.

3. Sponsored Reviews: Yes, I have seen many good review writers on this platform but who are not aware that you can earn extra income through this platform. So if you are one of them, look at how it works. You search the web for upcoming crypto projects that are looking for publicity. You reach out to the team and convince them to write a sponsored review of their project. You can show them your past work and results to win the over. If you are fortunate, you can strike a deal. I have done quite some review work and still do it everyday. You agree on mode of payment (usually bitcoin or other coins) and time of completing the task.

4. Bounties: Yes, you can get paid to complete small or big tasks such as following a crypto project's social media handle, sharing a link to your profile, writing an article, or other tasks as specified by the bounty host. Once you complete the tasks, you get paid as agreed. There are many crypto bounty platforms that you could join. A little Google search may reveal them to you. For me, the main platform I use is this: https://beta.bounty0x.io/bounties

Conclusion

Like I mentioned earlier, there are several other ways to earn cryptos such as staking, referral programs, and others. But personally, I put my time in the above four ways and have not regretted doin so

Have your say

What other ways can one earn cryptos? Or tell us how you earn cryptos. Someone could benefit from your idea, isn't it?

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Nice post! I have utilized many of the methods that you have mentioned but did not think of sponsored reviews etc. That is a great Idea that I will definitely be looking into when I gain enough followers to make it worth someones while to pay. But for now just going to keep posting content and try to accumulate followers. Phalanx Trades is a blog that was just started a few weeks ago with this account @byebye to follow the companies day trading strategy and experiences trading the US stock markets each day. For now it is daily posts showing the chart/trade of the day with some short comments and the full log of trades made on that day so anyone can go review any chart/trade that was made. In the near future Phalanx will be expanding into a live stream each morning and through out the trading day to show the companies trading in real time. Also will be testing the strategies that are used on US Stocks on various Crypto pairs down the road to see if the same methods can be used to trade. More on the Crypto trading will come later on this year.

Hi @focusnow

Thank you for the recommendations, in fact, I know many of these 4 ways.

Thanks also for the link of https://beta.bounty0x.io/

I went to see what that page was about, it has good jackets but I think it is not well known since it does not have a wide variety of options.

Sure. Bounty0x.io is cool, though not so popular. But I love the awesome work they do. If there are other ways you earn cryptocurrency apart from the one mentioned, why not share it with us.

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