Get rich with crypto!
Cryptocurrencies have made headlines in recent years – from Bitcoin millionaires to spectacular crashes. So it's no wonder many are asking: Can you really get rich with crypto? The short answer: Yes, but not without risk, patience, and knowledge. In this article, you'll learn how people have built wealth with crypto – and what you should pay attention to if you go down this path yourself.
- How do you get rich with crypto?
a) Long-term investing (HODL)
Many of today's well-known crypto millionaires simply invested early and held on for a long time. Anyone who invested a few hundred euros in Bitcoin or Ethereum in 2013 and kept them is now sitting on a small fortune.
Strategy:
Invest in established coins (e.g., Bitcoin, Ethereum)
Invest regularly (e.g., through a savings plan)
Don't let price fluctuations make you nervous
b) Get involved in new projects early
Some investors have become rich by investing in relatively unknown projects – and these have performed well (e.g., Solana, Avalanche, Chainlink).
But be careful:
The risk here is very high. Many new coins are worthless or even fraudulent (keyword: "rug pull"). Always do thorough research!
c) Use staking, lending, and DeFi
In the DeFi world (decentralized finance), you can generate passive income by lending your coins or providing liquidity.
Click to the link:
https://www.finanzen.at/devisen/kryptowaehrungen