Monday Crypto Theme | 05 Ways To Earn Money On Trading | How Is it Possible? | 20% reward to @steemit-pak

First of all, I would like to tell you that if you are new to on cryptocurrency, if you are working on startups, you should not invest so much that if you have to invest one lakh rupees, then only ten out of it. Invest thousands and work on it so that you can experience how this cryptocurrency works. Once you have complete information about it then you invest the remaining 90% and work here. You can continue if you invest 100% in startups. If you make a mistake you will incur a loss.

When you invest only ten percent in a cryptocurrency, you have to take care of your losses and profits because when you are exchanging a currency you are exchanging it for another currency or a third or wallet. So you have to bear the loss after the slightest mistake there because you have to come here and work with patience. No one will be in a hurry here. There will be more damage.

So now we move on to the main point of how we can earn here. There are five ways to do this, so I will describe each point in detail below. I hope you can all Will be understood and you can work on this trading.

• Crypto trading
• HODL
• Stacking
• Saving
• Mining

1.

Crypto Trading:

First of all we will talk about cryptocurrency. In this case, we buy and sell shares or any currency. Buying means that if any person is exchanging or selling, then we We will buy it and sell it when we are benefiting from it. We will sell it when the value of its currency is high. If the value is high then we will sell it so that we can make a profit. It can also be a loss. The loss is such that if the value of the shares we buy decreases, we can make a profit if we show patience and wait a little longer.

Crypto trading involves three types of trading, one is export trading and then futures trading and margin trading are three types of trading.

• Export Trading
• Future Trading
• Margin Trading

In export trading it happens that you buy any currency like we buy or sell in binance if we talk about steem then when we buy it and then when its value doubles . If we are making a profit then we sell it. There may be a small loss but we can work here without any loss. The chances of risk are very low here.

In futures trading and margin trading we can benefit in both ways. If the price is low in the market or the price is high in the market then we can benefit in both cases. Here we work in such a way that If we have to invest a thousand dollars, then one thousand of them is another. We have taken a loan leverage from an account or anyone. We both sell together. When we benefit, we benefit from both sides. So when we have to lose, it happens on both sides, so it is a very risky job, and in Islam, it falls into the realm of interest, so we can't do the work of interest, so I don't prefer this job.

2.

HODL(Hold On For Dear Life)

The second option we have is HODL means hold on for dear life. In this we work in such a way that when we buy a property, we buy the property and after about a year we sell it. If the price of this place has gone up after a year, then we can make a profit in it, just like if we buy gold and then keep it for a year and then we sell it after a year. So it benefits us or we buy any currency and then for example the value of the currency was two hundred rupees, then a year later when you sell it, if its price has become three hundred rupees. There will be a profit of Rs100.

Its name shows us that if we have bought something, we have to keep it. By stopping, we can keep it for one year, two years, three years, as much as you want, and later Can sell when its value will be higher.

3.

Stacking:

^Pixabay

In stacking that if we buy a coin of any currency, it is placed on some of the platforms that have that platform. They themselves tell us that if you keep this coin on our platform for so long. Then we will give you so much reward, it is to our advantage that we take our reward and our coin is also safe, we can sell our coin whenever we want, so betting here means that You do not have to sell your coin because if you sell you will not get reward.

In this we have two types of stacking one is flexible stacking and the other is fixed stacking.

• Flexible Stacking
• Fixed Stacking

Fixed Stacking:

What we have fixed stacking is a condition placed on us that if you keep it here for so long then we will get the reward that we have to get in return if you do it before that time. If you sell it, you will not get your reward. In this we make an agreement with the next servant that we will not sell our coins for such a long time. That way we can earn our living on it.

Flexible Stacking:

Flexible stacking also means that you have to keep your coins on a single platform and there is no restriction on how long you have to keep them here if you Have a one month contract with them that we will keep these coins with you till then so if you sell it even in fifteen days then you will get 15 days profit it will not happen that You will get profit only if your days are over but it means that you will get profit for as many days as you stay there.

4.

Saving:

^Pixabay

In the example of savings I give you through a bank that the way you deposit your money in a bank account one is your savings account and one is your current account. In a current account it happens that you Time can withdraw your money and you don't get any profit on it and you put your money in a savings account. For a time, the time can be one year or even two years. And if the bank gives you a profit according to the percentage, then after a year or two you can withdraw your money and with that money you will also get your profit.

Similarly, if you buy your coins on any exchange and put them in your savings account later, those savings account coins are safe with you and if they remain for a period of time, their profit percentage will be calculated. This way you can keep your coins safe and you can make a profit. With this method you can earn your money here. Here is a very easy way.

5.

Mining:

• Proof of work
• Proof of stack
• Proof of coverage
• proof of storage
• proof of trust

There are many methods of mining such as proof of work, proof of stack, proof of coverage, proof of storage and proof of trust. I will tell about proof of work here.

Proof of work:

You have to invest a lot in it, you have to install a graphics card, you have to install a computer and you have to add a puzzle in the computer and if the computer solves your puzzles automatically, we get a reward in return. So the puzzles are on your blockchain that support blockchain graphics cards and we make them because they support our blockchain so we can mine with different types. If you want to mine bitcoin then you have to have good hardware. If you have good hardware then you have to do good work and if you have good work then you have to make more profit. If hardware is not good. Your mining will not be good and the same happens in Ethereum mining that the hardware is better installed and the profit is maximized.

I have explained all these methods to you in a good way, so you can take one of these methods and work on it in a good way if you understand one of the methods well and good. We will work with understanding the investment plan. You will not suffer any loss. If you have to act hastily, you will be the owner of your own loss in haste. We have to be careful and we will work carefully here. I hope you have understood these five ways.

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