8 Proven Methods — Easily Make money from Cryptocurrency

Felicia-ThomSon
Javarevisited
Published in
7 min readMar 29, 2023

After the huge growth of Cryptocurrency, many people from businesses, startups, and entrepreneurs looking forward to stepping out their business ideas in Cryptocurrency. Because, Currently in 2023, the price of Bitcoin is $27,085. But the origin of the bitcoin price is 1,309.03 BTC for $1.

Key points:

  • The great impact of the crypto world attracts every business enthusiast to develop their business in a crypto way.
  • Crypto has a powerful advantage over prior Payment methods and traditional classes of assets. Simply “Money 2.0”.
  • Today, hundreds of exchanges operate worldwide, with some of the most significant being Binance, Huobi, and Kraken.

So this tremendous impact of the crypto world attracts every business enthusiast to develop their business in the crypto path. Every day we scroll through every blog for one purpose “To make money” or “Easy way to make money” Right! But currently, people replacing the word “money” with “Cryptocurrency”. So we will see how this cryptocurrency is the most important role played in every business mind.

At the end of the blog, I assure you you will definitely thank me for this offering this blog. Little curious! Well, In this article, we will explore the 8 proven methods that you can easily make money with the help of Cryptocurrency without any scams.

Before we’ll going to the topic, let’s see a short view of Cryptocurrency.

Glimpse of Cryptocurrency

Cryptocurrency is the replacement of traditional banking and financial system. This Cryptocurrency has a powerful advantage over previous Payment methods and conventional classes of assets. Let’s assume — “Money 2.0” — operates like money that is native to the internet. Also, it provides the quickest, cheapest, and easiest to exchange value internationally. Sounds Fascinating! Right!

These Cryptocurrencies are built with the help of a legendary technology called “Blockchain” which is a distributed ledger executed by a distributed network of Computers. These Cryptos are distinguished from fiat like US Dollars, British pounds, and Europe Euros. Because any centralized authority does not give them, making them potentially impassible to government manipulation or interruption.

Let’s move on to the next topic.,

Origin of Cryptocurrency

  • Year: 1983
  • Creator: American Cryptographer — David Chaum
  • Concept: Sketching an early form of anonymous cryptographic electronic money

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  • Year: 1995
  • Chaum develops his ideas and creates a proto-cryptocurrency called Digicash.

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  • Year: 1998
  • Creator: Nick Szabo
  • Concept: Computer power to solve cryptographic puzzles. If the puzzle is solved, participants can earn a reward.

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  • Year: 2008
  • Creator: Satoshi Nakamoto
  • Concept: After a decade, A mysterious person or group entitles “Satoshi Nakamoto”, create the origin of Bitcoin and publish the white paper “Bitcoin — P2P Electronic Cash System”.

History of Bitcoin and Bitcoin Exchange

  • October 31, 2008Satoshi Nakamoto published the Bitcoin white paper, explaining the functionality of the Bitcoin blockchain network.
  • January 3, 2009Satoshi Nakamoto mined the foremost block of the Bitcoin network.
  • April 2010 — Nov 2014From April, the bitcoin value rose from 86 cents to $8.89. In November 2014, the price is at $1,163.

In this year at 2010, Laszlo Hanyeez buys 2 pizzas for 10000 BTC. That day famously known as “Bitcoin Pizza Day,” May 22, 2010, witnessed the first time bitcoin.

History of Bitcoin Exchange

Crypto Exchanges first appeared in the early 2010s. Individual traders first utilized crypto exchanges to swap bitcoin and other cryptocurrencies. Companies like Mt.Gox, Bitstamp, and BTC-e were among the first to make an effect on the enterprise.

The early exchanges were not well controlled, and numerous incidents of fraud and theft emerged. As a result, the first authorized exchanges, such as Coinbase in the United States in 2012, were established.

These exchanges offered a more secure platform for cryptocurrency traders. In the years that followed, more exchanges were established, and more regulations were implemented to protect customers.

Today, hundreds of exchanges operate worldwide, with some of the most significant being Binance, Huobi, and Kraken. These platforms provide a variety of services, including trading, lending, staking, and more.

Crypto Influencer Prediction

Crypto Influencers play an important part in the crypto world. They provide insight and guidance to their followers and help spread the word about the most recent developments in the crypto world. Crypto Influencers bring their knowledge and passion to the conversation, helping in the education of newcomers to the space and providing helpful insight for experienced traders and investors.

Crypto influencers are also in charge of producing and sharing content across multiple platforms, including YouTube, Twitter, and Instagram. They help to create more interest in the industry by providing valuable information on the latest trends and developments in the area through their content.

Here are some of the most popularized Crypto Influencer prediction

Max Keiser

  • Work — Wall Street veteran, investor, and financial analyst
  • Prediction — “Cryptocurrency is inescapable. Additionally, he predicts that Bitcoin will ultimately reach a price of $100,000 per coin.”

John McAfee

  • Work — Computer Programmer & Entrepreneur. Also, he founded world-renowned McAfee Antivirus Software
  • Prediction — He believes that Foremost Cryptocurrency — Bitcoin has a chance to exceed the price of above $1,000,000 per coin.”

Vitalik Buterin

Work — Russian-Canadian Programmer and Co-founder of Ethereum

Prediction — He states that In the future, Ethereum plays a leading role in smart contracts and it will keep growing.

Charlie Lee

Work — Creator of Litecoin

Prediction — As a globalized payment method, Litecoin will succeed. In the future, the value of Litecoin will rise greatly.”

Roger Ver

Work — Early Investor in Bitcoin & CEO of Bitcoin.com

Prediction — He believes that in the future techy world, the market capitalization of bitcoin might exceed up to $250 billion.”

8 Ways to Make Money from Cryptocurrency

Cryptocurrency Writer

In this techy world, Crypto writers are so scarce, and if you knack for knowledge in that particular field. You will definitely become one of the renowned crypto writers in the community. All you need to know is to write according to the readers & other niches that you would be filling in.

Crypto Loan Program

If you are not a marketing-related person, there is no need to worry about it. You can easily lend your cryptocurrency for a higher interest rate. There are numerous crypto lending sites such as NEXO, SALT Lending, Youholder, Coinloan, BlockFi, etc., Each of them has a specific interest rate at which you can earn dividends per annum.

Crypto Education

If you have extensive knowledge in the crypto sector, why not use it to create your own cryptocurrencies? Yes, you can charge a commission to educate people about cryptocurrency or to hold crypto seminars and webinars about how cryptocurrency is improving in today’s economic world. Coursera and Udemy are two edutech sites where you can submit your course and earn cryptocurrency.

Bitcoin Trading

Crypto trading is one of the quickest methods to enrich profits with minimal effort. All you have to do is deposit funds into a trading account and await profits. Crypto trading is not the same as normal trading, such as forex or the stock market. It is remarkable. Before you start investing in cryptocurrency, you should be aware of the following. You should select the best cryptocurrency exchange site for your requirements.

Non-Fungible Tokenization

This is the most recent buzz that we’ve been hearing. If you have a perfect digital collectible or a digital treasure that the entire world would appreciate, it is time to embrace yourself. Yes, digital collectibles can be put in a digital marketplace and then sold for a profitable cryptocurrency price.

Make Money from the Affiliate program

One of the most effective but unpopular means of earning cryptocurrency — Affiliate Programs. It is predominant over the world. But only with those cryptocurrency business ideas, you can earn your profit in bitcoin or any other cryptocurrencies for the marketing you make and the referral you earn. They do deliver exciting referral rewards and bonuses.

Crypto Microtask

Doing certain microtasks to get crypto as payments easily? Quite Interesting! Right! Yes, some crypto microtasks sites such as Bituro, Bitfortip, and more., they are offering the finest crypto microtasks accordingly. This is a crypto faucet where you can earn your revenue as per your business conduction and services listed. When comes to the risk factor, earning via these crypto microtasks will lead to minimal risk but the profits would be low to a medium value.

Crypto Exchange Platform

Mining includes electricity charges and other physical space allocation that will entice huge investments. What about low-investment crypto earning generation? Yes, you can start a Crypto Exchange platform and let your users trade. You can earn a lucrative source of earning — Transaction fees, trading fees, ad generation, and more., All you have to do is to find the best crypto exchange like a Binance clone script provider and launch your own exchange platform. You know what, executing a bitcoin trading platform need not any technical knowledge.

Wrapping up:

When comes to Conclusion, there is n number of ways to make money from Cryptocurrency. While some methods are suitable for passive income, others concentrate on the long-term appreciation. So you would have explored the areas where you can earn cryptocurrency. Hope I have touched some of your nerves through this article. Select the best one that suits your interest and start your crypto revenue generation.

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