Best way to earn cryptocurrency (2020)
There are best ways to earn Cryptocurrency which we are going to learn today, so don’t miss anything. Read the article, and start earning big
What is cryptocurrency
A cryptocurrency is wisely defined as virtual or digital money which takes the form in the form of coins or tokens. Some call cryptocurrency as E-Gold money.
It is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrency influence blockchain technology to gain decentralization, transparency, and immutability.
The most interesting thing about cryptocurrency is that they were designed to be free from government manipulation and control. Cryptocurrencies can be sent directly between two parties via the use of private and public keys. These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions.
Some cryptocurrencies have ventured into the physical world with credit cards, ATMs and debit cards. Cryptocurrency is breaking the world very slowly. The first and most known cryptocurrency is bitcoin. The currencies modeled after bitcoin are called altcoins and have tried to present themselves as modified or improved versions of bitcoin. But of all the most known cryptocurrency on the systems bitcoin has continued to lead the pack of cryptocurrencies, in terms of market capitalization, user base, and popularity.
Virtual currencies such as Ethereum and ripple, which are being used more for enterprise solutions, are becoming popular. Some altcoins are being endorsed for superior or advanced features vis-à-vis bitcoins.
Types of Cryptocurrencies
4. Zcash (ZEC)
5. Dash (DASH)
6. Ripple (XRP)
7. Monero (XMR)
8. Bitcoin Cash (BCH)
9. NEO (NEO)
10. Cardano (ADA)
11. EOS (EOS)
Best way to earn cryptocurrency
Is another way and the best way to make money online with crypto. It has become a competitive field and your standard desktop PC or laptop simply won’t cut it. You will need to spend some initial capital on a high-end pc and some additional GPU for it to be profitable and it will take you a couple of months to break even with your hardware investment because the earnings on mining can be very slow sometimes. The good news is that even if you decided to stop mining you can still use the hardware for something else like gaming. The bad news is that the hardware can get pretty technical and you may have to join mining pools to remain competitive.
2. Buying and holding
It is another way of earning money with cryptocurrency. What you do is that you buy good cryptocurrencies that have a fundamental use-case and hold them until they obtain a fair market share. For example, cryptocurrencies like:
· Bitcoin.Ethereum.Litecoin.Manero etc
These cryptocurrencies are safe to buy and hold. These cryptocurrencies you can buy and hold them for longer-term because they are bound to appreciate against the fiat pairs of USD, EUR, etc.
3. Blogging and Vlogging
Since there is YouTube you can make good money from vlogging there if you have more than 10,000 views on every video and the same apply to the blog. Google has dominated this space with its Adsense platform but crypto has presented us with an alternative in Steem coin. Steemcoin is the coin behind the Steemit blogging platform. Steemit has introduced a way for the small-time blogger to actually make a decent amount of money every day by just blogging.
You can make money also by joining Cryptocurrency affiliate programs like FACTBAR. In this affiliate program, you will Ethereum coins. Learn more about it by clicking here.
4. Staking Cryptocurrencies
This way is the best one because you get the dual benefit of price appreciation for holding good crypto coins plus the additional reward as dividends for staking the coins. Staking is basically holding crypto coins 24/7 in a live wallet, hence earning new additional coins as a reward for staking and securing the blockchain network.
5. By doing MicroTasks online on (Ojoo.Wad).
Microtask websites allow users to get paid in cryptocurrency for completing tasks. A short task is any job or assignment that can be completed in a short amount of time. The tasks can vary widely in nature, from writing, editing, taking surveys, transcription, watching a video, clicking ads, online research and more. You won’t make a fortune from this but it is a nice introduction to the technology. It provides you with a low-risk way to play around with setting up the wallet, sending currency, interacting with the blockchain and familiarising yourself with cryptocurrency. Some popular microtask websites include:
If you’re a runner and fitness fanatic you may want to check out Sweatcoin. You can earn cryptocurrency for the number of steps you take every day.
6. Investment programs such as (BINARY.COM and Iq options). My number 1 recommendation best way to earn cryptocurrency
These investment programs resemble cloud mining but have some key differences:
After a certain amount of set days, you’ll get your initial deposit back.
The actual earnings come from trading with crypto-currencies done by professional traders or trading bot software.
Every day you’ll get a certain percent of your initial deposit usually between 0.30% to 1.5% and after a preset amount of days you’ll get your initial deposit back, so you’ll have your initial deposit back + all the daily earnings at the end of the investment period which can then be reinvested back into a new investment period.
7. Trading on (BINARY.COM and IQ options). this is the best way to earn cryptocurrency
By trading you will be detecting the price of the cryptocurrency will it be higher or lower after a certain period. Then, you will be earning money. For details go to my training.
Bitcoin gambling has introduced the provably-fair system which allows you to verify that every bet you made has not been manipulated in any way. This doesn’t mean that you can’t lose your money, in fact, its quite the opposite. You can lose it all very fast in a matter of seconds if you don’t play it smart. It’s also important to remember that the house-edge which cuts a portion of every bet you make and it is to make sure the casino will almost always stay in profit. The more you play the more you lose so the key is to know when to stop.
You can make money with cryptocurrency through donations what you will simply do is to place your Cryptocurrency wallet address so that people will send you some cryptocurrency depending on which cryptocurrency you send.