Many people are earning much online through cryptocurrency programs. How much you earn depends on the amount you have invested. This article outlines how you can create your crypto empire through staking, mining, trading and other investments.
This discussion explains exactly how I am earning from cryptocurrencies and how you can earn too. The level you start with depends on your financial resources and knowledge.
Level 1: Sourcing the investment funds
This stage applies only to those who do not have enough funds to operate at other levels. If you have funds you start on level two.
There are several ways to source funds to invest in other opportunities.
Faucets: You can source funds through faucets. This a program where you login in some platforms and claim a few coins or tokens. You can claim more than 5 times per day. However, I tried this means of raising money and I did not get much. Coinpot is one of the best site for this.
Airdrops and bounty program: This is a better method. You search for companies that have giveaways of their coins. At times, you do a few tasks such as posting their articles on social media groups such as Facebook, Instagram and Twitter.
With bounty programs you can write a few articles advertising the company and get paid. With this you can earn better than with faucets.
For example, you can earn these tokens on Markethive. Every activity you carry out at Markethive you earn something. Even logging in or joining a group.
Contests: Contests are another way of earning cryptocurrencies. I started my crypto empire using contests. I won a contest in Web Token Profit and Publish0X.
By the way, Web Token Profit offers many contests affording people to earn much.
If you are a writer Publish0X has many article writing contests where can win some cryptocurrency. You can also win competitions for reposting articles to Facebook and Twitter.
Level 2: Staking
When you earn some cryptocurrencies as described in level 1 you can stake them. Staking is just putting them in your account and not using them. There is a command for staking.
You earn for staking your cryptocurrencies.
Some of the best places to stake your cryptocurrencies are Bitrue and Crypto- Accelerator. However for crypto accelerator you only stake WEC. You can stake in Atomic wallet and many others. You simply need to search around.
The good thing is that you can stake any amount of cryptocurrencies you have.
Level 3: Mining
When you are generating a fair amount of cryptocurrencies you can go for mining. With mining you pay a sum of money and accrue some cryptocurrencies. Mining is one way you can earn much cryptocurrencies.
However, unlike staking, you need more funds for mining.
There are many mining sites. I do mining with Mining City and ECOS. With ECOS you need $150 while Mining City requires $300. But the returns are handsome. You won’t regret it. That is why I can say this is a Master Strategy.
Level 4: Trading
When you can generate a decent income you go for trading.
With trading you buy and sell cryptocurrencies for a profit. However, you need time to learn how to trade or get help from experienced people. For beginners PrimeXBT is the best because it teaches you in details how to trade.
It also has a trading strategy called covesting, where you copy the trading strategies of very successful traders.
Other great trading platforms include Bitrue and Nominex.
Please note that all the programs I have discussed here, from faucets to trading, have referral systems. You can earn from the activities of the people operating below you. I make sure that I join a program with a referral system because I earn quite much from the activities of my downlines
Conclusion
To sum up, if you need to be successful in cryptocurrencies, formulate a strategy like this. You will not regret it. However, if you are not sure, stick to my program and you will not get lost.