Below is a basic guide to start making money from cryptocurrency (Crypto):
*Preparation*
1. *Understand the basics*: Learn about cryptocurrency, blockchain, digital wallets, and popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH),... 2. *Set up a digital wallet*: Create a digital wallet like MetaMask, Trust Wallet, or use an exchange like Binance, Coinbase. 3. *Register on an exchange*: Register an account on a reputable cryptocurrency exchange.
*Ways to make money with Crypto*
1. *Investing*
1. *Research*: Learn about cryptocurrencies with potential. 2. *Long-term investment*: Buy and hold cryptocurrency for a long time. 3. *Short-term investment*: Buy and sell cryptocurrency in a short period.
2. *Mining*
1. *Install software*: Install mining software such as CGMiner, EasyMiner. 2. *Join a mining pool*: Join a mining pool to increase your chances. 3. *Mine*: Use a computer or specialized equipment to mine.
3. *Trading*
1. *Technical research*: Learn trading techniques such as technical analysis, fundamental analysis. 2. *Use indicators*: Use indicators like RSI, Bollinger Bands to predict prices. 3. *Trade*: Buy and sell cryptocurrency based on analysis.
4. *Staking*
1. *Choose cryptocurrency*: Choose cryptocurrencies that support staking like ETH, ADA. 2. *Deposit cryptocurrency*: Deposit cryptocurrency into wallets or exchanges that support staking. 3. *Receive rewards*: Earn rewards from staking.
5. *Airdrop and Bounty*
1. *Search for airdrops*: Look for airdrop programs on websites like AirdropRating. 2. *Participate in bounty*: Join bounty programs on websites like BountyHunter. 3. *Receive rewards*: Earn rewards for participation.
The Central Bank of Iran (CBI) has approved the legal framework for crypto, allowing for the licensing of brokers and custodial organizations while ensuring compliance with anti-money laundering, tax, and terrorism financing laws.
The legal framework aims to harness crypto to create jobs, expand the digital economy, and circumvent international sanctions. Iran has legalized crypto mining since 2019, but it is tightly regulated and requires the sale of the majority of mined assets to the government.
Updated on December 8, 2024 The mining cost of 1 BTC is approximately $39,000. The trading value is near $100,000, nearly 2.5 times. A correction is certainly expected. However, currently, BTC is in the hands of whales. The likelihood of a strong correction is unlikely.
Arkham uses the proprietary artificial intelligence tool ULTRA to algorithmically match addresses with real-world entities to enhance transparency in the cryptocurrency sector. *Arkham (ARKM) *Buy Price: Range 2.36$ -> TP 500% to 800%
If choosing two good coins to hold, many people will immediately say Bitcoin and Ethereum However, from my perspective and understanding, Ripple and Stellar are the two strong candidates ✅ Ripple with the global RippleNet payment network with optimal costs, stability and progressive growth ✅ Stellar has smart contracts and is supported by many big companies and some governments. It is possible that more governments will issue CBDCs on this platform. Units, businesses and corporations have also tended to use the Stellar network instead of ERC20
Long-term investment portfolio 1/ XRP: Global payment system through banks 2/ XLM: Smart Contract 3/ BTC: Is a safe storage asset 4/ ETH: Smart Contract and DAPP application 5/ …