Wiser Ways to Earn Cryptocurrency
With the quest for easy and quick money increasing among the people every single day, incidents of falling prey to click-bait advertisements are pretty common at present. However, with the rise in popularity of cryptocurrencies, the ways of making clean money now apparently has become easier. However, it is important to note that earning cryptocurrency is not a quick process; one must invest time wisely and make insightful decisions in order to earn money in this space. Experts reveal that there are innumerable cryptocurrency scams all across the market and it is very important that investors stay abreast of all information in order to avoid loss of information and money. Here are some of the best ways which are likely to help investors earn money.
This is the safest and the most ethical way to earn cryptocurrencies. The investor needs to buy an amount of cryptocurrency considering the security factors and hold it for at least a year. Provided that the coin is among the most promising cryptocurrencies in the market, it will increase in the value as compared to the time when it was bought. However, it is important to gather information about the coins from their whitepapers and roadmap in order to make sure that they will bring profit in the upcoming years.
Blogging or vlogging
Uploading visual as well as written content on websites can be a very interesting and wise way of earning cryptocurrencies. The most popular platform for vlogging, YouTube allows users to earn a decent amount of money when the viewership exceeds 10,000 views. On the other hand, the Steemit blogging platform lets users to earn money by simply blogging, commenting, or curating the content for fellow users. The additional advantage of signing up with Steemit is that one can also gain access to websites such as Dtube (decentralized from YouTube) and busy.org and earn the Steem coin.
Airdrops refer to the phase when a new currency is launched by a cryptocurrency team and is distributed to communities with an objective of creating awareness among the public and make it popular. These crypto development teams give away coins to the participants in exchange for minor tasks such as downloading certain software or a native wallet, and when they sign up for ICOs. People can also invest in ICOs which offer attractive discounts on cryptocurrencies along with additional free coins when investors fund the initial phase of the launch of the coins.