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Is there a way to make money with crypto that isn't just trading?

All Cryptocurrencies

by COINS NEWS 197 Views

Keeping cryptocurrencies in a wallet doesn't provide many advantages, but trading cryptocurrencies can help anyone become wealthy quickly. According to the report, the daily average of cryptocurrency trading on the global exchange is just 1%. Cryptocurrency trading, however, has a wide range of applications.

Follow the three mechanics outlined below to make money with cryptocurrencies.

  • Invest in the crypto exchange market without owning any crypto.
  • You can use an existing token or coin that you already own and lend it to others.
  • Participate in the blockchain system by mining and be rewarded for your

Follow some strategies to make money with cryptocurrencies based on three mechanics.

• Staking and lending

• Cryptocurrencies social media

• Crypto mining

• Airdrop

These are different methods, but as time has passed, we (the consumer) have become a part of them by using them. And, with Web 3 on the way and the metaverse on the horizon, the possibilities are endless, and I believe many millions will be made. It's simply a matter of being an early adopter and waiting for it to explode.

When it comes to investing in a project, my main attraction is

  •  Is the project scalable 
  •  Will people use it at high scale 
  •  Is it providing any benefits to the consumer and solving a real world problem? 
  •  A good and transparent team 

Now, if these assumptions are correct, I believe you will be able to find some excellent projects. You may have heard of BAT or algorand, two projects that fall into these checked categories. However, these are some well-known currencies that have been widely adopted.

I looked into a project called PKT Cash, which I believe has potential and can be put to good use as a real-world problem solver.

The people who participate in the PKT Network run it entirely. No central companies, investors, or pre-mines exist. PKT technology lowers the barriers to entry into the internet service world. Everyone benefits financially from providing internet to their community as an Edge Point or managing technical online services as a Cloud ISP with PKT.

submitted by /u/Ok_Yellow2907
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