Top 5 Ways to Make Money With Cryptocurrency in 2024

Well, you’re interested in getting into crypto and want to make an easy buck. You’ve thought about making money with cryptocurrency, but you are not the only one; everybody wants to earn money with cryptocurrency.

The first question is, can I Make Money With Cryptocurrency? The answer is Yes, you can make money with cryptocurrency. We all heard the success stories – people making millions of dollars with crypto by applying different techniques and methods.

When you cannot leave your house, your money is running low, and the quarantine measures are not over yet, what can you do? Honestly speaking, there are many ways you can make money using cryptocurrencies.

Let’s have a look at the top 5 easy ways without wasting time.

5 Ways to Make Money With Cryptocurrency in 2024

Method 1: Buy and Hold | Investing In Crypto

It is perhaps the easiest and less stressful way of making money. You have to buy some BTC (or just a few bits of BTC) and hold them… that’s it.

What’s up next? It means just purchasing bitcoin and not selling it until a specific time because its value will grow steadily.

There are countless success stories about people making millions of dollars by buying in early and selling at a high price when the market is at its peak.

The invention of Bitcoin by Satoshi Nakamoto took place more than ten years ago. Cryptocurrency is still among the most popular and valuable today.

Bitcoin peaked at $32 in 2011, $260 in 2012, $1,300 in 2013, and $19k in 2017, and you can google it (Bitcoin price in 2020) to invest in 2021. The hope is that the price goes up. 

Even if you don’t know the basics, you can buy and hold reasonably quickly. You don’t need to know how to code or anything about cryptocurrencies. All you need to do is buy Bitcoin and hold it.

Several exchanges will let you purchase coins to keep in your digital currency wallet or allow you to trade them. You have to pay the current market rate for the coin once you’ve made your account, and then you hold it until you are ready to sell it.

Method 2: Day Trading Crypto

It allows investors to buy and sell a position within the same trading day, which is also called intraday trading. The most significant advantage of day trading is that you don’t have to pay overnight funding charges on your positions.

According to more than 80% of cryptocurrency investors, day trading is the main way (not the only way) to make money in this market.

The average person doesn’t realize that day trading is more than just holding an asset until its price rises; to become a good day trader, you must be knowledgeable and technically proficient.

Method 3: Mining Currency

Mining is the gold rush of the 21st century.

Another opportunity to make money with cryptocurrency is mining. The process of mining ensures the emergence of new blocks which contain data about transactions for blockchains like Bitcoin.

Even though there is a high level of competition among miners, modern solutions allow them to join together, and if successful, share the reward proportionate to the computing power invested.

But what if you can’t afford a powerful computer and expensive electricity? Method four is the best solution if you don’t have much investment to make money with crypto.

Method 4: Make Money with Bitsleader Automated Bot

Crypto traders pay a lot of attention to gaining 100x and large price jumps, but these chances are few and far between. Only experienced traders manage to catch these life-changing money waves.

Cryptocurrency trading involves high risk, while others require domain expertise, a lot of time, and knowledge. Anyhow, we do not want to take the risk of losing our hard-earned money in the cryptocurrency market. But there is a solution of automated crypto trading bot for every level of experts and even for non-experienced crypto investors.

If you are comfortable buying, selling, transferring, and holding Bitcoin without any stress, then you can use an automated crypto bot. Bitsgap is the most popular Bot, while Bitsleader is the easiest and most stressless Bot for beginners.

Method 5: Make Money With Bitsleader Affiliate Program

Help Out with Cryptocurrency Microtasks | Work for Cryptocurrency Platforms

If you don’t have more money to invest but have extra time, you can also do some small tasks related to cryptocurrency platforms and get paid for it.

This is a common way of earning from the sector. An individual can work for a cryptocurrency company in any capacity; you can be a digital or affiliate marketer, a content creator, or an influencer.

If you happen to come across a legit crypto firm, don’t hesitate to take advantage of the offer.

• You can personally invite your friends and family members to join Bitsleader, the best crypto trading bot.
• You can write a blog post or short influencing story to engage the users or crypto traders with your referral link.
• You can Invite people on social media by guiding them about making money with cryptocurrency using Bitsleader.

What is the most effective way to rapidly Increase money with cryptocurrency?

Using an automated crypto trading bot is the most effective way to make securely trade in crypto.

So, the best solution is to invest in using a trusted automated bot and stay away from any stress. And the top profitable bots are Bitsgap, Bitsleader, Shrimpy, and CryptoHopper.

Conclusion:

We can say one thing for sure – trading bots are the most profitable way to make a profit securely with crypto. The Bitsleader is a rising Bot in 2024, the most trusted and profitable platform recommended by most crypto traders.