Cryptocurrencies have become one of the most actively traded assets in recent years. The reasons are diverse: first, they are affordable, and you can buy millions of tokens by investing as little as $100. Another reason is that building a diversified portfolio with cryptocurrencies is easy.
While, in most cases, people simply buy and sell cryptos to speculate on price changes and generate money, there are multiple other options to make money with a cryptocurrency. This guide looked at the best techniques and strategies to earn crypto.
8 Best Ways to Make Money With Cryptocurrency in November 2024
You may be tired of the traditional way of making money with crypto. If you are looking for creative ways to earn crypto other than simply buying and holding them below, you will find the best ways.
- Invest Early in Brand New Projects at the Presale Stage
- Buying Established Crypto Like Bitcoin and Holding Long-Term
- Creating a Mixed Crypto Portfolio and Holding Mid-Term
- Staking Crypto in an Exchange
- Day Trading Cryptocurrencies
- Free Crypto Drops and Crypto Faucets
- Going All-in with Altcoins
- Crypto Lotteries and Casinos
Reviewing Each of the Best Ways to Make Money With Crypto
In the remainder of this beginner’s guide, we’ll look at the above strategies and how to start making money with cryptocurrency.
Invest Early in Brand New Projects at the Presale Stage
For those who can’t afford to invest in well-established crypto projects, there is an excellent alternative – new crypto projects. As the market proliferates, more projects are introduced regularly. Not all of them are promising or legit, but if you can find the best and invest in their development’s early stages, you can make massive money from brand-new projects.
Before their official launch, it is common among the new crypto projects to conduct private and public presales. During these events, their native tokens are not yet official, but the developing team offers to buy them in the presale stage at low prices once the crypto is officially launched and sent to the presale buyers’ wallets.
The main reason to conduct a presale event for a crypto project is to attract investments from early buyers and use that capital to develop the project. Meanwhile, investors can purchase the tokens at a low price. Early investors also may get several benefits, including free airdrops, subscriptions, access to various tools and services of the platform, and more. Many consider presales and ICOs the best way to make money with cryptocurrency in the shortest period of time.
Meanwhile, you can take the chance to participate in the giveaways organized by the new project and win prizes. Here are some of the best brand-new crypto projects we recommend investing in.
Pepe Unchained
Pepe Unchained ($PEPU) is an innovative player in the meme coin space, offering a unique opportunity for cryptocurrency enthusiasts to potentially earn significant passive income. This project combines the viral appeal of the Pepe meme with advanced blockchain technology, positioning itself as the next evolution of meme coins.
Built on a Layer 2 blockchain, Pepe Unchained promises faster transactions and lower fees compared to its predecessors. This technological edge aims to address the congestion issues that have plagued some popular meme coins in the past.
The most striking feature of Pepe Unchained is its revolutionary staking program. With a total supply capped at 8 billion tokens, 30% is allocated for staking rewards. Early investors participating in the ongoing presale can access double-staking rewards, with potential annual yields as high as 9,000% per annum. While these figures are certainly eye-catching, it’s important to approach them with caution and conduct thorough research.
Pepe Unchained’s presale has already gained significant traction, raising over $400,000 in its early stages. This strong initial interest suggests growing enthusiasm for alternatives in the meme coin sector.
Beyond potential financial gains, Pepe Unchained aims to foster a vibrant community of meme coin enthusiasts. Its roadmap hints at future developments that could further enhance its ecosystem and utility.
For those exploring ways to make money with cryptocurrency, Pepe Unchained presents an intriguing option, particularly for investors interested in high-yield staking opportunities within the meme coin niche.
Flockerz
For those looking to make money using cryptocurrencies, meme coins have always been a top investment strategy. Cheap in value and capable of providing enormous returns, these assets, though risky, offer great opportunities. But what if the short-term perks of comedy blended with the long-term value of utility? That is what Flockerz is aiming to achieve.
This meme coin, headlined by a flock of hens engaging in tomfoolery while observing the crypto market’s volatility with lazy eyes, could be considered one of the best ways to generate gains this year.
The imagery alone can be seen as a recipe for comedic memes to spread on social media, engaging the crypto community. So, the viral factor is strong with this one. However, it’s the long-term benefit, driven by Flockerz’s DAO, that will make it a worthwhile long-term investment.
This approach of blending short-term quirks with long-term perks could be considered a wealth generator for many investors. The token’s DAO will serve as the platform for its Vote-to-Earn mechanic, rewarding those who engage with Flockerz’s ecosystem to shape its future.
Due to these factors, it’s a presale that shouldn’t be overlooked by those looking to generate gains in the short term.
FreeDum Fighters
Those who often frequent the political arena know that playing both sides is the best way to make money. However, when a meme coin is thrown into the mix, the best way to profit is by finding a PolitiFi project that pokes fun at both sides.
This is the appeal of FreeDum Fighters, a meme coin project designed to highlight the best attributes of PolitiFi tokens. There is no promise of long-term perks or a decentralized autonomous organization. The simple goals of this project are having fun, making memes, and generating gains.
Headlining this project are two mascots. On the red side, there is MAGATRON, a Trump-inspired cyborg who wants to rule the machine world while being patriotic and loving freedom above all else. And on the blue side, there is Kamacop, a social justice warrior whose extreme liberalism can be off-putting to most.
When it comes to utility, FreeDum Fighters offers vote-based staking. This means those who stake their tokens during the ongoing presale will have a chance to cast a vote between these two cyborg candidates, which will direct them to one of two staking pools with varying rewards.
This unique way of highlighting a meme coin with limited utility is one of the core reasons people are gravitating toward it. Furthermore, its presale presents a prime opportunity for those looking to achieve high gains within a short timeframe.
Best Wallet Token
Best Wallet Token offers significant potential for those looking to earn money in the crypto space. Its anticipated appreciation in value makes it an attractive investment, especially with its presale stage providing early access to this utility-driven token. As the native asset of Best Wallet, BEST combines practical features with the opportunity for financial gains, making it a noteworthy choice for savvy investors.
A key advantage of BEST lies in its integration with the Best Wallet platform, where it provides reduced transaction fees. This feature can save users money on trades and transfers, particularly for those actively managing their digital assets. Beyond cost savings, BEST holders also gain early access to new presales through the wallet’s aggregator, allowing them to explore investment opportunities before they become publicly available—an excellent way to discover potential high-growth projects.
For investors seeking passive income, BEST supports staking within the platform. Users can earn competitive APY rewards by staking their tokens, creating a consistent income stream while supporting the ecosystem. This staking functionality encourages long-term engagement with the Best Wallet platform, adding value for holders.
Currently, BEST is in an exclusive presale stage, available only to Best Wallet users until December. This presale offers early adopters the chance to acquire the token at an initial low price, presenting a rare opportunity to enter before it launches publicly. With a current price of under $0.023, BEST is accessible for a wide range of investors, making it a timely choice for those seeking to maximize returns.
For anyone looking to make money through token appreciation, cost-saving benefits, and passive income, BEST presents a strong option. Its presale phase and low entry price offer a clear path for investors to secure a stake in a token with the potential for substantial future gains.
Crypto All-Stars
If one is looking to park funds into a project that can make them money right from the get-go, then Crypto All-Stars should definitely be on their watchlist. This feature stands out as a central part of the project, allowing users to earn significant rewards by simply staking their favorite memecoins. MemeVault supports a diverse range of popular tokens, including Dogecoin, Shiba Inu, Floki Inu, Pepe, Based Brett, Mog Coin, Milady, Turbo, Toshi the Cat, Coq Inu, and Bonk. By staking these tokens, investors can enjoy consistent returns, turning their crypto holdings into a source of passive income.
Moreover, the Crypto All-Stars ecosystem offers an additional staking opportunity through the STARS token. Unlike the standard rewards offered by the MemeVault, staking STARS tokens provides returns that are three times higher. This makes STARS staking particularly appealing for those looking to maximize their earnings. The higher APY (Annual Percentage Yield) not only enhances the value of the investment but also contributes to the scarcity and demand for STARS tokens, potentially driving up their market price as more investors recognize the benefits.
Currently, STARS tokens are available at a discounted rate during the ongoing presale phase. The presale is structured across 50 stages, with the price increasing incrementally from $0.00138 to $0.00167820. This tiered pricing structure provides early investors with an opportunity to purchase tokens at a lower price before the official launch. The presale aims to raise over $12.8 million, reflecting the strong interest and potential of the project.
In terms of tokenomics, the total supply of STARS tokens is capped at 42,069,696,969. A substantial 25% of the supply is allocated to staking rewards and the MemeVault, emphasizing the project’s commitment to providing value to its users.
For those looking to generate substantial income from their crypto investments, Crypto All-Stars provides a dual advantage. Investors can stake a variety of memecoins within the MemeVault while also leveraging the higher returns from STARS staking. This combination offers a powerful way to increase one’s crypto portfolio, making Crypto All-Stars an attractive choice for anyone looking to make their investments work harder and deliver greater financial rewards.
Shiba Shootout
Shiba Shootout stands out as a project that boasts the charm of the Shiba Inu meme with an adventurous Wild West narrative. Set against the backdrop of Shiba Gulch, a bustling digital town, the project unfolds with characters like Marshal Shiba and the Shiba Sharpshooters, rallying the community for thrilling crypto endeavors. This thematic setting not only sparks imagination but also establishes a cohesive and engaging identity that resonates with both meme enthusiasts and serious crypto investors.
Beyond its captivating theme, Shiba Shootout offers a diverse array of innovative utilities aimed at driving engagement and enhancing utility. Token Governance Roundups empower holders to participate actively in key project decisions, fostering a decentralized governance model reminiscent of a community-driven frontier town.
Features like Posse Rewards incentivize community growth through referral bonuses, while interactive activities such as Campfire Stories and dynamic Lucky Lasso Lotteries enrich user participation and reward opportunities.
Currently in its presale phase, Shiba Shootout has already exceeded $500k in funds raised, demonstrating robust early investor confidence and laying a strong foundation for future growth. This initial success not only validates its market appeal but also positions the project for upcoming milestones, including planned exchange listings and the highly anticipated launch of its gaming ecosystem.
As interest continues to escalate across social media and within crypto communities, Shiba Shootout is poised to establish a prominent presence in the competitive arena of meme-inspired cryptocurrencies.
Buying Established Crypto Coin Like Bitcoin and Holding Long-Term
Perhaps, the best and the most popular method to make money with cryptocurrency is simply investing in a well-established or promising crypto project in the long term. Established crypto projects are backed with sophisticated plans, introduce new features into the industry, and try to solve real-world problems. These cryptocurrencies are not similar to speculative assets, which will lose their value once the trend ends.
They are quite well-established and will gradually draw attention, growing their demand. If more and more people are interested in a crypto project and invest in it, its value will increase. Consequently, you will benefit from the increased price and generate good rewards in the long term. It is incredibly profitable to invest in assets with low supply. It works perfectly with cryptocurrencies as long as they are decentralized and no single party can decrease or increase their supply.
Let’s take the example of Bitcoin: it was the first unique cryptocurrency. Bitcoin is the most valuable crypto and has the largest market cap. But in 2009, when Bitcoin first entered the market, it was traded for less than a penny. It was the first project to introduce decentralization, anonymity, and transparency into the payment system, so it drew massive attention. The demand for BTC rose over the years, and the prices soared.
But the drastic increase in Bitcoin’s value was also associated with its scarcity. Bitcoin has a low supply: only 21 million Bitcoins can exist, most already mined. Its scarcity and the massive demand for it resulted in the growth of this cryptocurrency, and it hit its all-time high of $65.000 in November 2021. Currently, one BTC costs more than $19.000. If you invest in it right now and the coin gets even more attention by being applied for more real-world usages, the princess will increase again and bring you high value.
Ethereum is another well-established project with great potential to bring you high rewards in the future. Its uniqueness is that it provides the most widely used decentralized platform for developers to build dApps, DEXs, and other DeFi products. Ethereum entered the market with a price below $1, but now 1 ETH is worth over $1,000. That level of return showcases how investing in the top altcoins can be the fastest way to make money with cryptocurrency.
If you wonder how to invest in Bitcoin and make money or buy other well-established cryptos, you can use several leading crypto brokers and platforms to buy assets. Binance, Coinbase, and are among the most popular brokers that provide an excellent user experience. All of these exchanges provide mobile apps and websites which are functional and easy to use. You can also use our buying altcoins guide to determine how to buy the most profitable cryptocurrency projects.
Skill level: Beginner
Minimum investment: Low
Risk level: Medium
Potential profit: High
Time until you see significant profits: Long
Your capital is at risk.
Creating a Mixed Crypto Portfolio and Holding Mid-Term
Another great way to make money with crypto is to build a cryptocurrency portfolio that is especially useful in risk management. Building a crypto portfolio means investing in some different crypto assets, including Bitcoin, the best altcoins, and even NFTs which are an emerging asset class all of their own. One of the most crucial things to consider when creating a crypto portfolio is to make it diversified.
If you invest all your money in one coin, there is a higher risk of losing your capital when the asset crashes. But if you invest in multiple cryptocurrencies, you can reduce the risks of losing money even if some of your assets lose their value. If no massive crash in the market affects all the cryptos, your diversified crypto portfolio will go through minor crashes associated with two or three coins.
There are two ways of building a diversified portfolio – investing in coins with different market caps and investing in versatile crypto projects or competing projects. Classified by market capitalizations, cryptocurrencies fall into three large groups – small-, mid, and large-cap. Large-cap cryptocurrencies are the most well-established cryptos: they are less risky, but the rewards are lower. In contrast, cryptos with small market caps include higher risks, and the rewards are higher too.
When selecting a crypto exchange or a platform that will fit best to build a diversified portfolio, you need to select the one that supports many crypto coins, provides diversifying tools, and is secure to hold your cryptos. Binance, for example, supports more than 600 coins and NFTs and provides a great variety of trading tools. However, Binance has a complicated interface and is well-suited for advanced traders.
Binance is more suitable for beginners and amateur traders. It supports a significant number of tokens and has some fascinating tools related to portfolio building.
Skill level: Medium
Minimum investment: Medium
Risk level: Medium
Potential profit: High
Time until you see significant profits: Medium
Your capital is at risk.
Staking Crypto in an Exchange
If you have invested in cryptocurrencies that operate on the Proof of Stake blockchains, you may want to use them for extra rewards instead of keeping them idle. This process is known as staking and is one way to earn crypto using your assets for the time you will be holding them. You lock away a certain amount of your tokens for a specific time to participate in the network securing and transaction validation process.
Among the most popular cryptocurrencies that can be staked are Tron, Cardano, Solana, etc. As long as Ethereum has recently gone through the merging process, it moved to the proof of stake blockchain and can be staked too. Each cryptocurrency project has its own staking requirements, so you must look at them. You will need to find a platform that supports staking.
When you stake cryptocurrencies, you earn interest rates for the period you have staked them. Hence, when looking for a staking platform, you must pay attention to how much interest rates the platform pays. Security is another top priority to consider in a staking platform as long as you lock your assets and need to keep them secure. Among the most popular staking platforms is OKX, and the decentralized platform Defi Swap which will support staking with high-interest rates.
Besides staking, there is another way to generate extra money through your idle assets. It is called landing. Some decentralized cryptocurrency exchanges have a pool where users can lend tokens for a specific time, and others can borrow cryptos if needed. Those who lend tokens are granted some rewards, and the borrowers pay interest rates to them for borrowing their money. So, lending is another way to make money with crypto, where you again lock up some tokens to gain interest rates.
Skill level: Low to Medium
Minimum investment: Medium
Risk level: Low
Potential profit: Low
Time until you see significant profits: Medium
Day Trading Cryptocurrencies
Due to their volatility, cryptocurrencies can be highly profitable even for one day. Hence, day trading is one of the most popular ways of making money with crypto. It is called day trading because you take advantage of the frequent price changes of crypto assets to open and close multiple positions during the same trading day. In this way, you make a little profit from frequent trades and can generate massive money throughout the day.
However, day trading is not a straightforward process. To be able to day trade cryptocurrencies, you must have at least a basic understanding of the market and learn how to analyze crypto charts and graphs. In this way, you can understand if the value of the asset you want to benefit from will increase or decrease over time.
What cryptocurrencies are more profitable for day trading? If you don’t invest in the long-term perspective, even speculative assets can greatly benefit here. The most crucial thing is ensuring you have enough knowledge about the market analysis to handle the risks well. Cryptos having low prices are preferable. The good thing is that you can buy it with little money, and even small price changes can double your profit.
For day trading, it is essential to choose the right cryptocurrency broker. And the most vital things to consider include trading fees and the number of markets the broker supports. Generally, brokers charge two trading fees – commissions and bid/ask spreads. Some brokers may charge one of these fees, but it may be higher than those who charge both but in low amounts. As long as you open and close positions frequently in a day, you should be careful not to lose most of it on commissions.
We recommend starting with Binance, it is a simple crypto exchange with highly inclusive features.
Read more on our guide on how to trade cryptocurrency.
Skill level: High
Minimum investment: Medium
Risk level: High
Potential profit: High
Time until you see significant profits: Short
Start Day Trading Cryptocurrencies
Your capital is at risk.
Free Crypto Drops and Crypto Faucets
Crypto faucets and airdrops are two alternative ways to earn free crypto if you don’t want to risk your money. These methods enable you to earn cryptos without investing anything in them, but the rewards are small too. At least, you don’t put anything at risk and don’t need to develop any special skills, but you can spend some of your free time on it and earn little rewards.
Airdrops are events carried out by new cryptocurrency projects during which they send a certain number of tokens to different wallets. In most cases, you will have to do interaction with their project. For example, if it is a decentralized exchange, they may airdrop cryptos to those wallets that have conducted transactions on their platforms.
Even though the cryptocurrencies airdropped to your wallet may not be that valuable initially, they may increase over time. Once the cryptocurrency is officially launched, it will gain more value and even reach high prices if the project draws massive attention from investors. Many successful crypto projects, including Axie Infinity and ENS, have gained traction with airdrops.
Faucets are another easy way to generate small crypto rewards. These mobile apps or platforms allow you to play games or accomplish tasks and get small rewards in cryptos. Hundreds of platforms are designed for this purpose, and the tasks significantly vary from platform to platform. Sometimes, it can be extremely simple, such as solving the captchas. On our list of all the ways to make money with cryptocurrency, this is one of the easiest; however, the rewards are also small.
Other platforms may require playing games and reaching a particular milestone, after which you will be rewarded. It is important to note here that money earned from faucets is relatively low, but it is the safest way of making money with crypto. Play-to-earn games are similar to faucets: you play and get rewarded for winning competitions or completing specific tasks. But the difference is that those rewards may be higher than with the faucets, and you will need some initial investment to access the platforms.
See our complete guide to the best crypto airdrops to watch this year.
Skill level: Beginner
Minimum investment: Only Your Time
Risk level: None
Potential profit: Low
Time until you see significant profits: Long
Going All-In with Altcoins
Altcoin stands for alternative coin, and the word is coined to describe all the other cryptocurrencies created as alternatives to Bitcoin. If you think it’s already too late to invest in Bitcoin, it’s never too late to invest in altcoins. Hundreds of new altcoins are created monthly, and you have a vast selection of assets with thousands of options to purchase.
New exciting altcoin projects occasionally spring up in the market, along with some well-established altcoins. These projects refer to different aspects of the DeFi ecosystem, including blockchain gaming, decentralized exchanges, programmable platforms, payment systems, etc.
Investing in such promising altcoins during the early stages of their development can be a huge success for you once these projects have finished their presale stage and start to catch investors’ attention. It is also important to note that many of these projects enable you to earn income thanks to their price differences and have various features that can help you earn rewards.
As of early 2023, some of the most trending altcoins are Gala Games (GALA) in the crypto gaming space – which ties in nicely with the gaming-related presales we reviewed earlier in this guide – and Fetch.ai (FET) in the AI crypto sector.
Your capital is at risk.
Crypto Lotteries and Casinos
As long as cryptocurrencies have entered different aspects of our daily life, they’ve found various use cases offering different methods to make money with cryptocurrency. One of the most exciting for many is the rise of crypto betting.
Like traditional casino and lottery platforms, cryptocurrency casinos incorporate blockchain technology with gaming and lottery elements, giving online gambling a great experience.
As with traditional lottery platforms, blockchain lotteries enable you to purchase tickets and participate in competitions. When the drawn lotto numbers match with the numbers of your lottery tickets, you get rewarded from the jackpot pool. The most significant difference between traditional and blockchain-based lottery platforms is that the latter use cryptocurrencies for the ecosystem. You need to buy tickets through cryptos, and the rewards you get are in cryptos.
Besides, blockchain lottery and crypto casino platforms tend to add more security and reliability to their platforms. These projects are based on the blockchain, so the transactions are transparent, and it is difficult to cheat. Additionally, you get paid in cryptos which are faster and more secure. Eventually, they claim to remove the geographical boundaries so anyone can participate in competitions from any part of the world.
Lucky Block is one of the most competitive projects that rewards you not only for winning in the competition but for participating in it and holding its native tokens. Other famous examples include BC.Game, Cloudbet, and BetOnline. See our full BC.Game review.
Skill level: Low
Minimum investment: Low to Medium
Risk level: High
Potential profit: High
Time until you see significant profits: Short
Find the Best Crypto Lottery Sites
Your capital is at risk.
Best Platforms to Trade, Invest, and Stake Cryptocurrencies
Now that you are familiar with multiple options for making money with cryptocurrencies, you may be looking for some suitable brokerage platforms where you can invest in or trade cryptocurrencies. Finding the best brokerage platforms usually depends on your trading plans and goals. But in most cases, the most essential features to consider when you select a crypto broker include security, available markets, functionality, competitive trading fees, etc.
As you may find it challenging to select a platform with a massive selection of cryptocurrency brokers, we have conducted proper research to find the best platforms to trade, invest, and stake cryptocurrencies. In the following two sections, you will find how to make money with cryptocurrencies on OKX.
OKX – Best Crypto Platform for Staking and Margin Trading
If you are looking for a cryptocurrency trading platform with more trading options for advanced traders, OKX is a great choice. The broker is an excellent platform for traders outside the United States, and it has more than 20 million users from different countries. It is a Seychelles-based crypto broker with headquarters in other countries. OKX is quite a new platform founded in 2017, but it has built a trustworthy reputation.
OKX has a competitive pricing structure and charges 0.1% for each trade you make. But it also has discounts for the traders who buy and sell in large volumes. The broker supports a great selection of cryptocurrencies, including both well-established projects and new ones. You can benefit from the price fluctuations trading on the OKX platform and earn high yields through its staking tools. OKX enables you to earn up to 100% annual interest with idle tokens.
Another highly practical feature for advanced traders is its margin trading tool. It enables you to borrow money from your broker and pay it back when you generate returns. The margin trading ratio is 10:1, 20:1, or 100:1, depending on how you invest. Though margin trading is a great tool to generate high income quickly, it is also crucial to consider that you can lose a massive amount of money.
OKX provides a simple interface where you can buy and trade cryptos in minutes once you have an account and verify it. It supports buying crypto with fiat and accepts bank cards and e-wallet payments. However, some cryptos, like the TAMA token, are unavailable to buy directly with fiat. Hence, you must buy USDT coins first and then exchange them with TAMA.
Risk Disclaimer
Cryptocurrencies stand out with high volatility, meaning their prices change quite often and fluctuate extensively. On the one hand, it is advantageous if you can quickly generate high rewards. On the other hand, the higher the rewards, the higher the risks. This is because, in most cases, cryptocurrencies are not governed by a single authority or company. They are decentralized, and their value is influenced by the supply and demand ratio.
It means that the risk of losing your money is relatively high. Even though you can make money with crypto, you can never be sure your investment will succeed. The least you can do to manage the risks is to explore the project carefully, read its white paper, and get familiar with the team behind the project and its roadmap.
You will also need to research its supply, trading volume, market cap, general market condition, etc. But even in this case, there is always a risk of losing your money, so invest only what you can afford.
Conclusion
This guide has discussed the best methods to make money with cryptocurrency. The most popular way is buying and selling cryptocurrencies to generate money through the differences between bid and ask prices. However, there are several other ways to earn crypto. The best techniques and strategies include day trading cryptos, getting crypto drops and faucets, crypto staking, building a diversified crypto portfolio, crypto lotteries, crypto casinos, etc.
The guide also focused on the best platforms where you can try multiple strategies for making money with cryptocurrency. We recommend starting trading with Binance, a leading broker with highly-regulated security mechanisms and a beginner-friendly platform. OKX is also a great option, especially for new cryptocurrency projects, as long as it lists many newer altcoins. It’s rumored Pepe Unchained, and some of the top crypto presales we reviewed above may be listed there.
We also noted that crypto investments are highly risky, and you can’t just spend money relying on the fact that you may be lucky. You need to analyze the market carefully, realize the factors that can influence the price of crypto you will invest in, and treat your money carefully as long as anything can happen with it.
Readers may also be interested in our guide to making money with NFTs.
FAQs
Can trading or investing in cryptocurrencies make you rich?
Although it’s highly possible that you get rich off crypto, the process is really tricky and challenging. If you have some extra money that you can afford to lose, you can take the risk and invest in low amounts. But if you take it seriously and want to make huge money, you can’t leave everything to luck. It’s essential to understand at least the basics of trading and get familiar with its nuances. Thorough research of the market and the fundamentals of the asset you want to trade can significantly reduce the risks of losing your money.
How much money do I need to start trading crypto?
There are several new cryptocurrency projects that cost less than a penny and have good potential to develop in the future and bring you huge returns. Generally, crypto brokers and exchanges allow you to start trading with a minimum of $10 for a trade and a 10$ deposit on your account. Hence, it’s possible to start even with $30 or less.
What is the best way to make money in the crypto market?
Obviosuly, there's no one best way to make money in the crypto market. Having said that, in our opinion, investing in brand-new crypto projects is, perhaps, one of the best ways to make money with crypto. The complicated part is to do research and find out which crypto projects have strong plans and roadmaps. If you don’t have enough time to research, our top recommended cryptos are Pepe Unchained, and Crypto All-Stars. You can not only buy and sell these assets to generate money from price changes but also stake them and earn extra rewards.
Is it too late to start investing in cryptocurrency?
It depends on which cryptocurrency you want to invest in. Obviously, it’s too late to make millions with Bitcoin, but there are several newly launched cryptocurrency projects that look quite promising and you can start trading them for less than $100. Take note that the crypto market is still in its early stage of development, and therefore, there are lots of lucrative opportunities out there.
