Earn With Crypto
There are many different ways in which you can earn crypto
Depending on your skills and the amount of risk that you want to take (let's be honest with ourselves here; if anyone tells us that investing is low-risk business...
1. Mining
Mining: Employing sophisticated computers to crack tough math problems, known as a hash. Bitcoin miners earn Bitcoin as a reward. This means a lot of hardware and electricity spending.
Altcoin Mining — Essentially it is like Bitcoin mining but for other cyrptocurrencies such as Ethereum, Litecoin etc
Pros: Profitable if setup properly.
Negative aspects: expensive equipment/energy infrastructure up front.
2. Staking
For example, those of some cryptocurrencies (e.g., Ethereum post 2.0 update), Cardano or Polkadot can delegate their coins in place (“staking”). Staking: When Balances of a Certain Amount are Locked Up to Help Secure the Network, and in Return You Get Back More.
Advantage: Passive income, less power as compared to mining.
Cons: locked assets, risk when the price of staked coin goes down.
3. Airdrops
Airdrops — Occasionally, new cryptocoins may be distributed for free to people according to their commitment of some existing cryptocurrency (e.g. SatoshiDrop).
Forks: When a blockchain splits (like Bitcoin Cash did from Bitcoin), the holders of original coin can in some cases also get coins on new chain.
Pros: Free cryptocurrency.
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