✅ Basic ways to profit from cryptocurrencies:
1. Buy and hold (HODL)
Buy a strong currency (like BTC, ETH, BNB…) and hold it for the long term.
Suitable for people who do not want daily monitoring.
Profit comes from price appreciation over time.
---
2. Trading
Buying and selling currencies in the short term (minutes, hours, days).
Types of trading:
Spot Trading: Direct buying and selling.
Futures Trading: Trading with leverage (high risk).
Requires monitoring and technical analysis to win.
---
3. Staking (freezing currencies)
You hold certain currencies and freeze them in the network for interest or rewards.
Example: Store ETH or BNB on Binance and earn an annual yield.
---
4. Launchpad and Airdrops
Launchpad: Participating in new projects on Binance before they are listed.
Airdrops: Free gifts from new projects to encourage people to use them.
---
5. Mining or Cloud Mining
Mining was popular in the past, now it requires powerful devices and cheap electricity.
Alternative: Subscribe to Cloud Mining services or rely on Staking.
---
6. Participating in P2P or Arbitrage
Buy a currency at a low price from a platform or seller → and sell it higher elsewhere.
Requires speed and a small initial capital.
---
⚠️ Important tips:
Do not invest money that you cannot afford to lose.
Start with a small amount to learn.
Always manage your risks (Stop Loss / Take Profit).
Diversification is important: Do not put all your capital in one currency.