Exploring ways to earn from Crypto || 10% payout to tron-fan-club

Introduction

There are so many ways to earn cryptos or earn in crypto...smiles.
You just have to understand the earning strategies that suits you. Interestingly,you can combine two or more of these methods or means I will be showing you in this lecture. The goal is to earn and be financially stable. Let's enjoy the ride.

Investing

When we talk about earning in cryptocurrency, "investing" is what comes to mind first because you know investment is designed to bring return. Investing in crypto is a long term kind of earning strategy that conditions you to buy an asset and hold it for a particular period of time which help it grow over time. Holding for a short time might not really profit a trader because of the level of volatility in the market. You could even make a very wrong investment decision if you are just for a short term. Trading is rather preferable for short-term while investing is suitable for long-term.
You will need to get a very reputable coin to invest in and not just any coin.

Trading

Crypto market accommodate all kind of trader. Not all will love to go for the long term shot,some will like to earn passively as they explore the market and that is where trading comes in. A good trader takes advantage of every move in the market on a short term basis. But you need a lot of technical know how such as studying trend,movement and direction, pattern and the likes just to be on the good side of the market.
So you trade by taking either the long position or the short position in other words,you either buy or sell depending on your speculations.
A good trader will always make the best out of the market both in the bull and bear season.

Crypto Staking and Lending

I want to believe Crypto staking is not a new term to many of us because we have been practicing this. Staking means locking up your coin in a particular crypto wallet or exchange as the case may be where it is been utilized for validating crypto related transaction through the proof of stake mechanism. This same coin cannot be spent once it is staked until you cancel your stake. You get reward for carrying out staking exercise.
Lending on the other hand allows you to borrow your asset out to investors who will in turn reward you in form of interest on loan for lending them your asset.

Crypto Social Media

Crypto social media is another innovation that affords you the opportunity to earn by carrying out social activities. Platforms like steemit falls largely in this area. In steemit you interact with different people who are referred to as authors and curators as well. You get reward by creating content like a blogger and also curating content. You get the native coin of steemit (steem) for carrying out such activities.

Mining

Mining is another means of earning. Mining has a strong affiliation with the proof of work mechanism where you typically earn for producing a new coin. There is always a reward when you mine successfully. It is also important to mention that a lot is involved to get started with mining. You need power, sophisticated systems, adequate knowledge and technical know how. It is a profitable adventure if you have all it requires.

Airdrops and Forks

Airdrop and fork are also viable means of earning cryptos. Airdrop are free token given mostly by new project just to create awareness and also create a market for the new project. So you typically earn for joining project if successful. Care must also be taken not to fall victim of scam all in the name of trying to claim an Airdrop. Fork can also earn you free cryptos in that free tokens are distributed to holder of the old and original coin before an hard fork occurred. It's also important to mention that fork comes up as a result of an upgrade or modification in a network.

Conclusion

I believed you've learnt one or two things form this lesson. Don't forget to DYOR for more information on how to get started with any of the above mentioned means of earning. See you in my next post.

Regards:
@lhorgic♥️