Ways to make money with cryptocurrency

I would like to share the general ways to make money in the crypto field.Following list are wrote in general.

(1) Buy and Hold Strategy
Its simple and old.You buy the coin that you believe that will increase in price.Most of early investors had made money from this strategy.It still effective for today??? I personally think that there are much coins that's price will increase in 10x , 20x, 100x etc...

(2)Mining
If you want to mine crypto you will need graphics cards,good software and electricity.Some coins might be faster to mine than others.How much profile can you make will depend upon which coin will you mine.

(3)Airdrop
Airdropping is a way to promote the new coin that is in the stage of pre ICO or ICO.
You just need to register,join their telegram or retweet their post or like their post on facebook and you will get some coin for your effort (usually < 1 USD). But, if you had followers you can make more from referring your followers.

(4)Trading
If you understand TA (technical analysis) and FA (fundamental analysis),you can earn cash from trading cryptocurrencies.There are a lots of sites that offer trading cryptocurrencies.

(5) Lending
There are coins or sites that you can lend coins and get much profile than normal ways.But I don't like since most of them are scam.

(6)Pump and dump
There are groups of people,they try to make specific coin to increase in price in the specific time and sell the coin.In that way,they make some cash.There are many pump and dump groups on telegram if you interested.

(7)Arbitrage
Arbitrage is buying a security in one market and simultaneously selling it in another at a higher price, profiting from the temporary difference in prices.

(8) Writing
Of course,the best example is steemit.

Ps. I am not an expert and correct me freely.
If you find informative please comment or reblog. Thanks .

Icebird
21.3.2018

images source: google