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Sunday, February 20, 2022

8 ways to make money with blockchain.

8 ways to make money with blockchain.

 Can you make money online?


How to make money online from the comfort of your home?


Can you make money online without investing?


Have you ever wondered how complicated it is to find a job or invent a new one today?


Well, in this article we will only deal with this topic, which is how to set up an online income form.

In this article, we will discuss various, but legitimate, ways to earn money online with Bitcoin and other cryptocurrencies.


I'll also leave you with some specific links so you can delve into the options that interest you most.


Good continuation

The best ways to earn money online with cryptocurrencies


1. HOLDING (#HODL)


One of the easiest ways to earn money from cryptocurrencies online is to buy good cryptocurrencies and keep them.


By good coins, we mean coins that have good foundations, which shows that their value is bound to increase over time.


Now the big question: how to identify this type of coin?


Well, this is where cryptocurrencyweb.com  can give you an edge on that.


By continuing to follow our site regularly you will be aware of all the coins that we believe should be taken into consideration.


  • Bitcoin

  • Ethereum

  • Currency

  • Solana (SUN)

  • BNB

  • Monacoin

  • RSK

  • Cardano

  • Terra

  • Celsius Crypto

  • Revai n

  • Maker

  • Aave

  • Vechain

  • One Yet Leo

  • USDC

  • Lisk Coin

  • Wan Coin

  • kinguin

  • gnosis

  • coronation

  • Chainlink

  • Silk Road

  • tax

And many other coins that you will find on this site ...


You should ideally hold such coins for a period of between 6 months and 2 years and withdraw the main amount from the profits you are generating!


This is also commonly known as  HODL  

8 ways to make money with blockchain.


2. TRADING (#BUY THE DIP, #SELL THE HIGH)


Trading is another way to make money online, and it is basically based on buying coins cheaply and then selling them when it goes up 10-30%.


If you are good in online trading, or in forex, technical analysis, and fundamental analysis to identify the price trend of cryptocurrencies, you can use this method of Earning money online.


Additionally, you can keep an eye on the market and make buy/sell decisions based on news or the fundamental development of a particular project.


3. ICO INVESTING


Ico, also known as Initial Coins Offering, is a modern way to get and earn money online.


ICOs are also referred to as token generating events, but Earning money online by investing in ICOs is not that easy because thorough due diligence is required before buying. Some of these things are:


Feasibility of the case

Competence of the team

Government regulations

Technical barriers

Token

Economy etc ...

Some ICOs you may be interested in are:


  • Billcrypt

  • Nasonex

  • Hamdan Token

  • TokenPesa

  • Ozotop

  • Geocoin IEO

  • Webcoin

  • Chromapolis

  • TrustMarketHub

And many more ICOs that you will discover by continuing to follow our site!


4. MINING


Earning money online from mining such as Bitcoin, Litecoin, Ethereum or Monero is another avenue to make money.


However, mining for Bitcoin or other profitable coins is quite difficult. You also need powerful equipment like ASICs or GPU rigs to mine these coins profitably.


In addition, the expenses for electricity and cooling equipment are enormous. Due to such entry barriers, the task of the mining industry has been limited to cryptocurrency mines and mining professionals.


One of the much talked about crypto mining equipment lately at low cost and on which big gains are claimed is derived from iHub Global.


Some cloud mining services claim revenue for their customers but their terms and conditions don't seem profitable at all. So choose wisely.


5. MASTERODE


Masternode is simply a full cryptocurrency node or wallet that keeps the complete copy of the blockchain in real-time and is always up and running.


Besides this, it also carries out some special activities in certain cryptocurrencies.


For running master nodes, different cryptocurrency projects have a different minimum number of coins as a requirement for starting.


For example…


One needs a minimum amount of coins of that particular crypto. (   DASH   MN requires 1000 DASH units and PIVX MN requires 10,000 PIVX units), so this minimum number varies from crypto to crypto.

One needs a VPS or server to host that wallet for 24x7

Another needs a dedicated IP address

One needs some storage space to save the blockchain

Note: Beware of scammers as not all coins are worth buying and running a master node.


6. AIRDROPS


Airdrops are another exciting and innovative way to earn cryptocurrencies.


Airdrops are basically companies that give you tokens, which, once they can be claimed, will be sent to your wallet (crypto wallet).


for added security, we recommend that you keep your cryptocurrencies on devices such as Ledger Nano S or Trezor. 


Some Airdrops that may interest you are the following:


  • Betfury

  • Titanium

  • Coins

  • Knights Gold

  • FEELING

  • ClickGem

  • Winsor

  • Bitcollar

Note:   Never give your private keys to anyone.


7. DIVIDENDS


Another easy passive gain in cryptocurrencies is to buy and hold cryptocurrencies that give you dividends simply by keeping them in any wallet.


Many of these currencies pay dividends in this way, but not all of them are worth buying and holding.


8. BLOGGING


You can earn money by writing on websites that pay you in cryptocurrencies if your readers like your content.

8 ways to make money with blockchain.



Plus, if you already know your content is good, you can monetize it directly.


Conclusion

Earning money from Bitcoin and cryptocurrencies might seem very simple.


And it is if you do your research and put in the right amount of work.


Likewise, be careful what you commit to avoid getting scammed.


Have you tried some of the solutions described in this article to make money online? How did you find yourself? Do you have any new options?


Leave a comment below!


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