I have heard people in various settings stating that it is possible to earn an income by investing in cryptocurrencies. This has struck me because I am not aware of how to go about this. Can someone explain how I can invest in cryptocurrencies?
Investing in cryptocurrencies
- Thread starter capri
- Start date
You can start investing in crypto by buying cryptos through exchanges. IN order to do that you will have to fund your exchange account. If you cannot use banks to fund your exchange account, you can try P2OP method to buy crypto.
Earning income through cryptocurrencies is possible but its definitely not a walk in the park take your time do your homework and always remember that risks are involved. Good luck if you decide to give it a shot and may the crypto gods be ever in your favor.
There is no easy way to invest in any instrument, we need to reset, analyze both fundamental and technical before deciding to invest, and all investment instruments will have a level of risk, the higher the risk, the more promising. and investors must comply with their investment profile.
I was also zero in this knowledge then I saw few videos and get good information. You can see the market here coinmarketcap.com here you will know the trend of any specific crypto, but prior enter here always put your extra money in market because you cannot predict the market.
If there is any way for one to get lots of earnings and profits from the investment they would make especially when it comes to online investments that you are not at risk of being scammed is when you do so in crypto currency.
Investment in cryptocurrency is a very good way to generate passive income provided you have all it takes and you have the experience on how to make money from such investment.
To earn an income using crypto currency, you must be knowledgeable about different coins and their tokenomics, how they work and also constantly making research, because it is a volatile market and you need to know what's happening at every given point in time.
Bitcoin can give you decent returns, definitely more than 5x before the end of the bull run.
Most people want a 100x or more and you can start by following people on Twitter and seeing who knows how to do the research well enough.
