CRYPTO IS DIFFERENT EVERY ONLINE BUSINESS IT HAS MANY WAYS OF YIELDING MONEY AND YOU CAN DECIDE TO ONLY JUST GO FOR ONE OF THE WAYS OF MAKING MONEY OR YOU CAN ALSO DO EVERYTHING
WAYS OF MAKING MONEY IN CRYPTO
AIRDROPS
INVESTMENT
TRADING
STAKING
ARBITRAGE
FARMING
But will mainly focus on the first three
1- AIRDROPS
Airdrops refer to the distribution of free tokens or coins to holders of a specific cryptocurrency or to members of a particular community either through telegram mining or app mining
Note that AIRDROP is always free and you don't need to invest any money and be careful that any that is asking of money is a SCAM
Another testimony of $99 from a students when he made over 150k from airdrop on last 2 weeks also
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A mother of three children made this amount of money months ago ✅
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Another way of making money in Crypto Currency
2- INVESTMENT
INVESTMENT is also another way of making Money in crypto and this are what most people do and the only that investment deal with is that they will buy a coin and they will keep it for future time till it yield profit
For example all this kind of platform are scam that use crypto to pretend
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Another Scammy Thing as reported
Hope you are enjoying the class, it's exciting
And there are seasons in Crypto Currency that helps always how well your investment in crypto will yield maximum results and within some time frame
The cryptocurrency market is divided into two.
THE BULL MARKET
THE BEAR MARKET.
If you understand this two very well, you can literally start investing in cryptocurrency from today. A lot of people loose money from crypto because they don't understand how the two market works.
Here's are they works
They don't occur at the same time, one at a time, that means at every point in time, we are either in a BULL MARKET or in a BEAR MARKET.
The BULL MARKET is a period of time when crypto tokens especially bitcoin rapidly grows in price
While in the BEAR market, coins don't grow that much, they are mostly red.
So as a smart investor, you invest in the BEAR MARKET (because coins are low in price), then sell in the BULL MARKET (when they are high), so you make profits)
You don't buy when coins are pumping, thats when you should sell, unfortunately most people rush and buy when coins are pumping, and then the coin dump on them and they loose money
Like I told you yesterday, there are two things that makes the price of bitcoin goes up.
1- Demand
2- Supply.
When the supply of bitcoin is reduced, it increases in value and every 4 years, an event called the BITCOIN HALVING occurs in the crypto market, this is when the total supply of bitcoin is halved into two, this means, it supply is now reduced and because people are always demanding it, it will now make the price of bitcoin to start increasing, this leads us to the BULL MARKET.
So it's like a cycle.
Bear market
..then halving ...then BULL MARKET (usually takes like 2 years) .then Bear marker again.
Then repeat
You can always make money trading crypto in both Bear and bull market, but it's easier to make in a BULL MARKET, because coins are going up easily, and luckily for you, we are in a BULL MARKET because last bitcoin halving was in April 2024, I am very sure some of you will end this year millionaires from crypto, just follow me
Came in during the 2019 BULL market, I made money, but I lost them because of ignorance, now you are getting the knowledge I didn't have the opportunity to get back then, don't take it for granted*
During January, gave some of my students update about a coin and one of them who was a corper was thinking whether he should buy it or not but he doubtfullu bought the coin and within 2 weeks he made over N900k from the coin with just little money
Because of our time, I will stopping the class soon because I promise you guys that I will not be taking too much of your time and we will continue in the subsequent posts
Happy Blogging and Reading 💥💥💥💥
Video from coin bureau YouTuber