Earning from Crytpocurrency
(Disclaimer) I am not a financial advisor these are just my opinions & thoughts on the crypto-currency business space after doing my own research 4. ways of earning with crypto-currency that is different levels of time-frame for return on your investment put in.
N.o.1**(Holding) **
Holding a crypto currency for a period of time just like you would happily give your money to a banking establishment, in which they themselves will make investments & just quite often give you back your initial money or even may charge you for them holding it for you .
The most well known crypto is indeed Bitcoin
21ST Jan 2017 the value of Bitcoin was $ 917:00
20th Jan 2018 the value of Bitcoin is now $ 11,605:94 (may be different on various exchanges
N.o2 (Trading)
This may be in differing time-frames minute –trading, hourly trading, Day trading This in fact just a another format for the impatient person who does not like waiting with the N.o. 1 method mentioned earlier. There are in fact companies that offer a service with software to trade in seconds or milli-seconds if it is estimated that that will pay a winning trade .Obviously these software machines have been programmed by humans so it will lose as well as win.
N.o.3 (Arbitrage )
This is a method of buying a crypto coin at one exchange & then going to another exchange where the market value at that one is less than the first & selling it for a profit. Although I know of this one a little less from what I have read & researched many different countries have different laws & regulations on trading / exchanges so in different regions of the world the fluidity of a particular crypto coin is different from somewhere else.
N.o.4 (Steemit)
Here we have blogging platform that pays the writer of the blog/post in crypto coin, there is also other payments made if you comment on someone’s post or Resteem (like retweet) There can be certain conditions that need to be met in a ranking structure but that is only designed to encourage us to post more,or even making a more meaty comment than just “great post” or just a 1 ,2 or three word interaction. This is free to get started there is a wait time of around 1 to 2 days it can be a little tricky by yourself with all the things you need to learn to be better .
Along with a group of friends we are forming a help group to advise anyone who is interested in this one how better to use this platform so it gets the desired results .
hola! I like your post! Thanks for it! I went to Jail because of Cryptos... lets make stemit togheter to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures?
I also just wrote a introduceyourself. maybe you upvote me and follow me aswell as I do? https://busy.org/introduceyourself/@mykarma/1-jail-review-bitcoins-3-years-ago
I am still very new here just like yourself I am working on steemit alongside my mate & a growing team to share what we are learning .Did you know about this tool that helps with all your steemit statistical data to help you keep track of all the comments . https://steemworld.org/@ after the @ put in your username .
Thanks for the info @sbyse that was nice and simply explained and Im defo loving this platform and the talented genuine people we have here. This is a great community where if we actually look to lift each other up then we all with, Main thing is lets have fun keep it real make good relationships help someone else if you can and the rest will just happen plus at the same time its a great way of people developing confidence and been able to share good value so lets aim to keep it that way and enjoy the journey :)