The best way to profit from cryptocurrencies (Part 1)

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There are various ways that people can profit from cryptocurrencies. Let's discuss some of the ways to get these advantages:

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1. Trading

The first way is to trade, which is to put the money we have (USD) into cryptocurrency and then sell it back when the price rises or matches our target. This method is a classic method that often applies to other commodities in this world. However, to obtain it requires a large amount of money and then we take advantage of the difference when the cryptocurrency goes up or down. This method is suitable for people who have large financial capital and big guts because they are risking quite a large amount of money.

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2.Join ICO (Initial Coin/Token Offer)

When cryptocurrencies are not yet on the market, developers will usually offer novice investors to buy their coins. If it's like buying a company, we can analogize it like when Steve Jobs first built an apple from his garage, novice investors who put their money in Steve Jobs dream must have millions of USD in profits today. Likewise with cryptocurrencies, for example, if you participated in the Ethereum ICO in 2014 and bought 1,000 USD. Maybe now you have money worth 4.1 million USD. However, to be able to buy coins at the right ICO you must have a good investment analysis or have good luck.

We will continue again in part 2