#CardanoDebate
💸 How to Profit from Cryptocurrencies? | A Beginner's Guide to Earning from Crypto
In recent years, terms like "Bitcoin" and "Ethereum" have become familiar to everyone, but the most important question is:
"Can I really profit from them? And how do I start?"
In this article, we take you step by step to learn about the most important ways to earn from cryptocurrencies, even if you have no prior experience.
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🪙 First: What are Cryptocurrencies?
Cryptocurrencies (like Bitcoin, Ethereum, Ripple) are decentralized digital currencies, not subject to a bank or government entity, and are used for exchange or investment.
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✅ Ways to Profit from Cryptocurrencies
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1. Buy and Hold (HODL)
Simply put: You buy a strong cryptocurrency (like BTC or ETH) and hold it for months or years.
The principle: Buy at a low price and wait for it to rise.
Real example: Someone who bought Bitcoin for 1000 Riyals in 2015 ended up owning more than 100,000 Riyals in 2021.
🔸 Tip: Choose popular currencies and keep them in a secure wallet (like Trust Wallet or Ledger).
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2. Trading
Buying and selling quickly to achieve profits from price fluctuations.
Requires analysis and real-time market monitoring.
There are two types:
Day trading (short-term)
Long-term trading (weeks or months)
🔸 Warning: Trading can yield quick profits but also carries high risks.
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3. Profit from Staking
You deposit your coins in a specific network to secure them, in exchange for a monthly return
5. Coins
