Subscribe to Our Newsletter
Saturday May 21, 2022
Bitcoin (BTC) $29,117.00   Ether (ETH) $1,948.76
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Blockchain Assets

6 Ways You Can Invest In Crypto

Published by CryptoNinjas.net
05/06/2022
6 Ways You Can Invest In Crypto

Do you still regret passing on the chance to buy bitcoin when it was worth only a few dollars ten years ago?

Well, you are not alone. Most people at that time didn’t believe in the potential of blockchain and cryptocurrencies.

With the advent of the Metaverse and NFTs, however, the popularity of crypto has soared in recent times. And everybody’s looking to make some bucks out of this technology.

So here are 6 ways you can invest in crypto (and make good returns). 

1. Buying And Trading Cryptocurrencies

The most well-known cryptocurrency is Bitcoin, and buying it remains the simplest way to invest in crypto. While the price of Bitcoin has shown volatility and decline in recent times, experts still predict it to be the strongest future cryptocurrency based on its steady growth over the last decade.

And being the most popular and expensive cryptocurrency, Bitcoin is easy to buy and sell. Other popular cryptocurrencies include Ethereum, Solana, Luna, and Binance Coin. These can also be easily traded as they are always in demand.

Make sure you learn how to buy cryptocurrency and educate yourself about blockchain fundamentals before making a purchase. 

When trading cryptocurrencies, you will need to use a cryptocurrency exchange. These exchanges act as middlemen and charge a fee for using their platform.

You must have heard the names of some popular exchanges from a friend or colleague. These include Binance, Coinbase, and Kraken, but you need to research to find the best exchange for you.

Every exchange might not be offering the currency you want to invest in. Plus, each exchange has its own fees and availability options for different countries.

Keep in mind that trading cryptocurrencies could be risky, as prices can fluctuate rapidly. So, it is essential to do your research before you start trading and invest only what you can afford to lose.

2. OTC Trading

Over-the-counter (OTC) trading is a way of buying and selling cryptocurrencies that is not done on an exchange.

OTC trading is a more private setting that is often done through brokers, and it can be an excellent way to get better prices for large trades. This trade can either be crypto-for-crypto or fiat-for-crypto.

However, it is important to ensure that you use a reputable broker. If you’re just starting out, OTC trading with Independent Reserve is a safe idea. 

3. Mining Cryptocurrencies

Mining is the process of verifying and adding transactions to the blockchain, and miners are rewarded with cryptocurrency for their work.

It is possible to mine cryptocurrencies on your own, but it is often more cost-effective to join a mining pool. This is where miners work together to mine a cryptocurrency, and rewards are shared among the group according to how much work each miner has done.

The most popular mining pool is Bitcoin.com, but there are many others to choose from. F2Pool, Slush Pool, and Antpool are high-performing pools that most miners recommend for beginners.

4. Staking Or Holding Cryptocurrencies

Staking is the process of holding a cryptocurrency in a wallet in order to support the network. In return for staking their cryptocurrencies, users are rewarded with interest. For enhanced staking returns, we suggest you get familiar with Interest Compounding ETH Index (or icETH).

A similar method for making money with cryptocurrencies is Holding or HODLing*. This involves buying a cryptocurrency and holding onto it for a long period, hoping that it will increase in value.

*In the world of crypto investing, HODL means “holding on for dear life.”

This is a more passive way of making money with cryptocurrencies, as you don’t need to actively trade or do anything other than holding the currency in your wallet.

5. Lending Cryptocurrencies

Lending your cryptocurrency is a way of earning interest on your investment. It involves an agreement between the borrower and lender (you) that connect through a crypto exchange. And just like regular lending or loans, you earn money through interest or “crypto dividends.”

Although it can’t be done on every exchange, several platforms allow you to do this. These include BlockFi, Celsius, and Nexo. 

Again, this is not a risk-free investment because crypto loans are not insured like bank loans. Still, if you find a reputable and trustworthy exchange with a solid history, it might be a good idea to consider lending. 

6. Creating Or Trading NFTs

Non-fungible tokens (NFTs) are crypto-powered digital assets that can be bought and sold like real-world assets. However, they can’t be bought with fiat currencies, which is why you need cryptocurrencies to invest in an NFT.

But what exactly is an NFT? Well, NFTs can represent anything from digital art (images, gifs, videos) to virtual in-game assets like real estate, player skins, voices, rare coins, and more.

These unique items can’t be duplicated, and their scarcity gives them value — the rarer the NFT, the higher its price.

NFTs are bought and sold on online marketplaces like OpenSea, Rarible, and Foundation. You can also create your own NFT and put it up for sale on one of these marketplaces. 

So there you have it — six ways to invest in crypto. Some carry more risk than others, but all of them have the potential to make you money if done correctly. Good luck!

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Merkle Science, a predictive crypto risk and intelligence platform, announced it has now extended support to over 1,2000 ERC-20 tokens. This additional coverage allows users to have better visibility over a substantial portion of...

Read more

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln, an enterprise-grade staking platform, today announced the completion of a $5 million funding round. The funding round included Third Kind Managing Partner and Andreessen Horowitz board partner Shana Fisher, SV Angel, Blue Yard,...

Read more

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

BitMEX Spot, the new trading platform to buy and sell crypto launched by one of the world’s largest crypto exchanges, BitMEX, has made a strong entrance in the first days since going live, hitting...

Read more

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Algoracle, a decentralized oracle network that links the Algorand blockchain to the physical world, announced today it recently closed a seed funding round for $1.5 million (USD) to help accelerate the development and launch...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version