Simplest way to make money with crypto in 2022!
/ THREAD /
/ THREAD /
Not day trading no. Although it has been the norm for most newbies, it's kinda risky if there's a sudden bear market.
With day trading, you buy #crypto, wait for the price to go up and you sell. It's not always the best though but you can give it a try
With day trading, you buy #crypto, wait for the price to go up and you sell. It's not always the best though but you can give it a try
The easier ways are lending and borrowing.
You provide your crypto up for lending on a decentralized exchange (DEX) and you're assured of a certain percentage of the profit from the borrower(just like the banks)
So to prevent your money from being idle, lending it out is better
You provide your crypto up for lending on a decentralized exchange (DEX) and you're assured of a certain percentage of the profit from the borrower(just like the banks)
So to prevent your money from being idle, lending it out is better
Another way is Staking
I know you have probably heard of it but you don't really understand 😔
Ok Staking simply means locking your coins up in an exchange and receiving profits from it
Like letting your money work for you kind of thing
I know you have probably heard of it but you don't really understand 😔
Ok Staking simply means locking your coins up in an exchange and receiving profits from it
Like letting your money work for you kind of thing
There are various platforms and their APY on certain coins. Stablecoin Staking is the best way since no money is lost. You're assured of an APY of not less than 10%
#USDT and #USDC are the common ones used by everyone
#USDT and #USDC are the common ones used by everyone
• • •
Missing some Tweet in this thread? You can try to
force a refresh
