How to make money on cryptocurrencies

In the following article I would like to bring closer the possibility of earning on cryptocurrencies. I have identified three issues that, according to me, are currently the most popular. I omitted financial pyramids and investing in various other scams. I am an opponent of investing in this type of creation, and unfortunately most of them do not realize the fact that by investing and recommending such things they expose themselves to criminal liability, not to mention the risk of a quick loss of all invested capital.

Digging cryptocurrency

Digging cryptocurrencies is becoming more and more popular and they are copying not only the IT specialists and enthusiasts, but also the average people who are interested in new technology. Does it make sense and if you can make money on it?.
I would not like to repeat myself, so I will just complete the above article, which is still valid. People who are not passionate about computers and who do not know each other well enough on hardware and software should not take on themselves to solve different problems on their own. Secondly, once we start digging, we should give up speculation on cryptocurrencies, because otherwise it can very easily come to a situation where instead of selling what we have earned on a regular basis, we store cryptocurrencies for more expensive reselling and the price flies down. If we want to speculate and believe that the market will go up, instead of buying an excavator, let's buy a given currency, it will be cheaper and we will lose much less time and energy, and potential profits can be much higher. Speculation when digging is adding extra risk. We should reduce the risk in investments, not multiply them.

Speculation on cryptocurrencies

In this way, we have moved smoothly to the next issue, which is speculation. How to speculate about earning and not losing? There is no unambiguous answer to such a question. The cryptocurrency market has been developing very dynamically since the very beginning and capitalization is increasing over the years. It is obvious that such a state will not last forever, but looking through analogy to the stock market, there is a good chance to keep up the upward trend. What in the end means, or at least meant until November 2017, that when we did not buy it, we always had a chance to earn it and no matter if we bought it on a local hole or hill. Many people started to go on this little horse, which may mean that our poor little horse will fall sooner or later.

Personally, I am an opponent of investing "on the market" without any knowledge of the market, under the influence of emotions and after the incentives of various investment gurus. Sometimes you have to wait a few years for such an "investment blindly" to turn to us. Those who bought at the top of 2013 had to wait over 3 years to get out of zero. Few will have enough persistence to maintain a position for such a long time, and besides, different life situations may force us to close the position earlier. Therefore, let us not invest more than we can lose.

The best solution for speculation on cryptocurrencies is "learning the market", which means that we have to spend a lot of time observing the market and learning investment techniques. Otherwise, we are doomed to self-proclaimed gurus, thanks to whom we have a good chance of losing the invested capital. There is nothing for free, or we will do it ourselves, or we will entrust our money to others who probably just as well can invest like us, only have good talk and are able to sell very well. Do not believe people who say that thanks to them you will earn millions, as they themselves can not earn them.

Affiliate programs for cryptocurrency exchanges and exchange offices.

Another option for making cryptocurrencies are various affiliate programs that promote stock exchanges and cantalysts. Along with the development of the cryptocurrency market, a lot of exchanges and exchange offices have been created. Some of them share their profits in exchange for the command of their platform. If people from your referral link set up an account in a given website and are actively trading, you will get some of the commission they have to pay.

How to make money from such links? Pasting links where it falls or sending them in emails to your friends is not a good idea. Do not increase the ubiquitous spam any more. Those who have their website, fan page on Facebook or a YouTube channel or on some other social platform can immediately go to monetization by placing the link in the right place. You can also write posts that encourage you to play on a given stock exchange or make videos promoting a given website. If you do not have your own pages or channels, and you have something interesting to say, then consider creating them. With a small financial effort and own work, thanks to affiliate links, you can start earning money online.

Remember, however, not to advertise financial pyramids and various types of scams, which are already already on the Internet. Fraudsters are really encouraging people to advertise their illegal interests. When advertising an illegal business, you are prone to criminal liability. Just because others do that and do not sit, does not mean you will not be charged. Unfortunately, a lot of people live from the naivety of other people and from dragging others onto financial pyramids, some do it unconsciously, and some have organized a good life out of such activities. There is nothing for free and such shortcuts shortly or later end badly. The smallest punishment can be the loss of valuable friends, more severe financial punishment and even imprisonment.