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Cryptocurrency is gaining popularity with every goth, and one is one of the most profitable and promising assets for investment today. Investors continue to invest in digital assets and earn on them in various ways despite the unpredictability of the market and sharp fluctuations in rates. You are not ready to spend your own money to buy crypto? We will talk about several ways to make money without investments that are suitable for a beginner.
Is it necessary to invest your own money in crypto?
The most understandable and familiar way to get cryptocurrency is to buy it on an exchange or a P2P platform. But you have to spend your own money. You can get crypto for free in several ways.
A few years ago it was possible to earn a crypt without investing your own funds only by mining. But this option is not suitable for beginners. You need to understand the technology and complex processes of cryptocurrency mining to earn an asset and have quite powerful, expensive computers. A novice investor has many more options for getting crypto for free, which do not require special knowledge and skills today.
Top 3 ways to make money on crypto without investments
If you love online games, earn digital assets by playing. The category of such games is called Play-to-Earn. Players receive cryptocurrency or NFT, Completing tasks and passing levels. The player becomes its full owner, having earned an asset, and can dispose of it at will, for example, sell it on the stock exchange or save up to use it for trading.
The second way to get a virtual asset for free is Airdrop. This is a free distribution of tokens from major trading platforms and developers. Airdrop is a good marketing way for exchanges, which helps to attract the attention of potential customers and increase the number of real users.
You only need to follow simple steps, such as signing up for a newsletter or making a few reposts by registering on a token distribution platform, to receive a reward in the form of a crypt to your virtual wallet.
If you are active in social networks and have a popular account, an affiliate program can be a good way to earn crypto. The task is to promote the brand on social networks and share links. The more users follow the link and start trading on the advertised platform, the higher the earnings in crypto. For example, such programs are offered by the popular Bybit exchange.
Free ways to get cryptocurrency are quite simple technologically, do not require special knowledge, and are safe for your personal funds. But there is a drawback – it is difficult to earn a lot in such ways. An asset received for free is not enough to start serious trading on the stock exchange, but this is quite enough to get acquainted with the area and receive the first income.
How to learn how to make money on cryptocurrencies?
There are many ways to make money with cryptocurrencies. You can earn income without doing anything, using passive income options. For example, a crypto owner can invest in a cryptocurrency fund by buying its shares, or rent an asset to a cryptocurrency exchange landing page and receive interest.
If you want to earn actively, you should learn trading. Trading on the stock exchange remains the main and most profitable source of earnings on cryptocurrency. A successful trader must have technical analysis skills, understand trends, monitor market changes and quotes, and be able to diversify a portfolio.
Investing and trading is a business that needs to be learned. Those who understand the peculiarities of the market, closely follow the trends, try different styles of earning and develop their own strategy in practice, know how to control risks and competently manage their investment portfolio, manage to receive significant income from cryptocurrencies.
Learn how to make money on cryptocurrency in Crypto Crew! We have developed a course for beginner investors and traders; we are ready to teach you the basic skills for trading on the stock exchange efficiently, comfortably and safely.