If you’re thinking about making money from crypto space, this article helps you in.
1. ICOs
“Initial Coin Offerings” or “ICO” is one of the best ways to earn money from crypto projects. Some coins even did a 50X a few days after their ICO and the early buyers took a huge profit as well.
Most of the new crypto projects distribute their tokens through an ICO, so you have the opportunity to get in early too. Participating in an ICO is not risky at all, if you’re asking, participating in an ICO through main exchanges like Binance, Kucoin, Bybit, MEXC, OKEx and Houbi can’t lead to money loss, because it’s not possible for the coin to get lower than the ICO price due to the high volume of these exchanges.
2. Trading Crypto
If you are a day trader or you are starting it, trading crypto can become your new source of income. There are a lot of exchanges that provide crypto trading with low fees, these exchanges provide leveraged and margin trading too, so the professional traders can trade their best strategies.
Nothing feels better than a bullrun.
3. Investing in high potential projects
If you believe in Web 3.0 and the future of the blockchain technology, you can just invest in top assets like Bitcoin, Ethereum, Binance Coin and Solana, or you can invest your money in high potential coins which are newer, there are many new projects launching everyday, some of them are scams, some of them are regular projects and some of them may come with an unique idea and good fundamentals that fit your desires, however you need to do a lot of research if you intend to invest in the newer projects.
4. Trading NFTs
Buying an NFT for $100,000 is not such a wise idea, instead some people mint their NFTs for a lower price like 0.1 ETH (0.1 ETH equals $177 at the time I’m writing this article) and sell it for $100,000 a few months later, that’s how they get rich.
It’s obvious that not every NFT project performs like that and many of them are scams, but how to find out if a project could blow it up?
If you are here for the art, you might be at the wrong place, NFTs are community based and an NFT project with a larger community comes up with a larger buying demand and that’s how the price goes up, so you have to check their social media accounts to measure the quality of their community and join their discord server to get your wallet whitelisted.
5. Affiliation Programs
If you are an influencer and have a large audience, an affiliation panel from your favorite exchange can make you a good passive income, some influencers earn up to $30,000 yearly, only from their affiliation panel.
All you need to do is to go to your favorite exchange, get your referral link and encourage your audience to sign up using your link.
For example you can use my link to join MEXC Global exchange:
MEXC Global is the best place to make money form ICOs, it also provides up to 50x leverage for all assets in futures mode to maximize your profits. Join now and get 10% off trading fees!
6. Staking your assets
Staking is not the best way to make money from crypto, however if you are a holder, it’s better for you to stake your tokens and get 7%–10% tokens annually in reward, sometimes you may get surprised with the airdrops you receive from the project.
7. Working for crypto projects and companies
There are a lot of job opportunities in Crypto space as it’s a brand new field of work, many websites post different jobs in crypto space everyday and if you have some skills, you might send your CV and get your job.
Here are some examples of what crypto companies usually look for:
- Developers
2. Business Development Managers
3. Marketing Managers/Strategists
4. Software Engineers
5. Research Analysts
6. Content Creators
7. UI/UX Designers
You can also check https://cryptocurrencyjobs.co/ for more details.
.