Here are a few ways:
1. Invest and don’t sell
This in my number one way to earning big in crypto. Look at the price growth of Bitcoin and Ethereum over the last 5 years. It’s been meteoric on any measure. My strategy is to accumulate BTC and ETH and also a range of the strongest altcoin opportunities. In this way, you hedge your bets and don’t have all you eggs in one basket.
Like any asset class, diversity is key to managing risk. If you continue to buy and hodl over the next 5 years, your wealth growth potential will be huge. And that’s why I’m in crypto!
2. Blogging, Vlogging and Curating Content
I’m a big believer in bringing value to the crypto-space. And by bringing value you also create value – as an outcome you earn cryptocurrency. As I’m a blog owner, I favour blogging – and hey, I’m a writer at heart so I go with my strengths.
From this, I earn from press releases, promotional posts, advertisements and other forms of blog monetisation. Yes it’s hard and requires dedication, but it’s worth it for bringing value to the community – and what’s not to like about getting paid to do this.
Likewise with Vlogging, all these forms of blog monetisation exist there too.
Crypto has even brought out it’s own form of crypto monetisation for the modern blogger with platforms like Steemit. Steemit has introduced a way for bloggers to earn money every day by by doing what the do best, blogging. Steemit users can make money by blogging, commenting and curating content for other platform users.
Once you’ve signed up for Steemit you will also have access to sister sites Dtube (a decentralised version of Youtube) and Busy.org (a decentralised version of Twitter). Here you have the same opportunity to earn Steemcoins (the native token on the platform).
As cryptocurrencies grow, then new platforms emerge onto the market. The secret is finding out which one suits you best, and hit it hard.
3. Mining
Back in 2015, I was happily mining crypto on my laptop, but unfortunately these days have passed. Today, mining is a series business with serious initial start up costs. Earnings can be slow, but once you have made the initial purchase of a high-end PC and other mining items such as a GPU or graphics cards, then you can earn passively over the longer term.
To stay competitive you may need to join a mining pool. There’s a great post on my blog about things you need to consider before joining a mining pool which is well worth a read. Want to find out more about mining? Then check out this helpful website for a steer
https://www.bitcoinmining.com/
