MAKE YOUR OWN MONEY IN CRYPTO
You may be wondering how to make money from crypto either as passive income or full-time job. You may be asking yourself if it makes sense to buy crypto and hold or stake it or to involve in the massive airdrops campaigns going on the internet.
You are not alone in this. In this post, I wish to share the techniques I use and still using to generate income for myself in the crypto world.
I do trade on a centralized crypto exchange and I also involve in airdrop tapping and games for both established coins and the ones on ICO.
I use trusted and capable crypto exchange company but I will use Binance as an example here. I will share with you some of the mechanisms I use to minimize loss and increase profits.
Cryptocurrencies are a popular way to make money and Binance is one of the largest platforms to trade them. Here’s a simple guide to help you get started.
Step 1: Create an Account, you can use my referral link and you and I can get free coins together by supporting me (https://www.binance.info/en/activity/referral-entry/CPA/together-v3?ref=CPA_00Z0XWE7W3). Click on the link and get register through it and it is a win win for us together.
Sign up for a Binance account. Visit the Binance website, click on "Register," & fill in your details. Verify your email & complete necessary identity verification.
Step 2: Deposit Funds
To start trading, deposit funds into your Binance account using cryptocurrencies you already own or fiat currency via bank transfer or credit card.
Step 3: Buy Cryptocurrencies
Once you have funds in your account, you can buy cryptocurrencies. Go to the "Buy Crypto" section, choose currency you want to purchase, & complete transaction.
Step 4: Understand Trading Basics
Spot Trading: Buying & selling at current market prices.
Limit Orders: Setting a specific price at which you want to buy or sell.
Market Orders: Buying or selling instantly at the best available price.
Step 5: Start Trading
Go to the "Markets" section and choose the trading pair you want, like BTC/#USDT Use "Buy" & "Sell" options to trade. Beginners can start with small amounts to understand market movements.
Step 6: Use Advanced Tools
As you become more comfortable, explore advanced tools:
Futures Trading: Betting on the future price of a cryptocurrency (riskier).
Staking: Earning rewards by holding certain cryptocurrencies.
Savings: Earning interest on your crypto holdings with Binance’s savings products.
Step 7: Stay Informed
Stay updated with latest news and trends. Use Binance's resources like tutorials, articles, & market analyses to make informed decisions.
Tips for Success
Start Small: Don’t invest more than you can afford to lose.
Diversify: Spread your investments across different cryptocurrencies.
Learn Continuously: The crypto market is always evolving. Keep learning to stay ahead.
Having mentioned these, you can still participate in crypto airdrops campaigns. I have number of numbers of these that I participate in. For example, Hamster Kombat, Blum, Grass, TapSwap, ApePad and many more.
ApePad: https://t.me/apepad_bot/app?startapp=9FLUB1P29
Hamster Kombat: https://t.me/hamsTer_kombat_bot/start?startapp=kentId6928844746
Blum: http://t.me/BlumCryptoBot/app?startapp=ref_wgpflT7pDJ
TapSwap: https://t.me/tapswap_mirror_2_bot?start=r_6928844746
Grass: https://app.getgrass.io/register/?referralCode=lMAWhFi4Vm2Dr9M
Remember that the more you participate in this airdrops campaigns everyday by completing some easy to do tasks depend on how you make money. One exception here is the Grass campaign. That involves on the usage of your internet bandwidth when you are not using your device and that is converted to coins for you as gain in returns.
Kindly comment if you have other tested and valid ways of making income via crypto and crypto explorations.
Thanks for reading!