3 Ways to Make a Living Using Crypto

All you need is time, dedication, and passion

There are many ways to make money using crypto, but wouldn't it be helpful to see the ways in a nice list so you can choose which is right for you? Well, I got you covered, here you go.

Photo by Tobias Tullius on Unsplash

1. DEFI. The amazing world of DEFI can easily make you a living depending on how much money you have and what APR you find. Now don't stop reading because you don't have a lot of money, you don't need to have alot. What you need is time, dedication, and passion. What you need to do is use your time to research every DEFI project you find. Start looking at yield farming or staking or lending and borrowing. Be creative in what you do and deep dive into each project. I guarantee that you will find a project to your liking quite soon. There are many projects out there with high apys. If you stay up to date and are constantly researching what's new and going on, you can easily make a lot of money and sustain yourself on DEFI.
2. Trading/ technical analysis. I don't mean buying and holding. I am specifically talking about any type of trading that you use some type of indicator or way to carry out your trades. If you do your research, you will find a vast array of free resources at your disposal. Use those resources, educate yourself, and then start with small amounts of money and increase as you get better and learn. (examples are futures, day or swing trading, options, price predictions)
3. Buying and holding. This is a simple but great way to make a living using crypto. Now you got two ways of doing it, one just keep buying BTC and other blue-chip cryptos and over time make a lot of money, or two research new projects or existing ones and finding ones that have extreme potential but just haven't been discovered by the general public yet. Take your time with these new projects, inspect the tokennomics, the team, and the whitepaper. See if it's possible to talk to the developers about their cryptocurrency. (examples of this are presales, ico, newly launched cryptos)

About the author

Cryptoverse is a passionate crypto investor and lover. He shares all his research and findings on cryptocurrency in his publication Crypto Universe. He also writes about self-improvements and life lessons from his own experience. Cryptoverse’s methods of choice for making money through crypto are buying and holding and DEFI.

What's your favorite way to make money using crypto? let me know in the responses!

Not financial advice

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