After entering the cryptocurrency world, how to earn profits may be a confusing question. Here, I will combine my years of experience in the crypto space to introduce several ideas to help newcomers explore ways to make money. From trading coins to holding coins, from DeFi mining to exchange arbitrage, this will give you a clearer understanding of blockchain investment.#
As a new member of the crypto community, you may feel lost about how to obtain investment returns. Don't worry! This article will take you deep into several money-making ideas to help you achieve financial growth in this virtual world. Whether you want to trade coins, mine, or find stable arbitrage opportunities, you can find suitable strategies here! Remember, there are various ways to make money, and the best one is the one that suits you.
1. Trading Coins: Buy low and sell high, unique trading strategies!#
Trading coins is similar to trading stocks, with the core principle being to buy low and sell high. In this market, traders dominate because the volatility of virtual currencies provides ample operational space. Short to medium-term buying and selling can range from a few minutes to ten days or more. However, trading requires attention to market dynamics and coin trends, and it is essential to take profits at the right time to avoid greed.
In the image above, we traded two coins, APT and PEPE, where "B" represents the buying point and "S" represents the selling point, which is a typical example of the "buy low, sell high" operation. Using this approach, earning several hundred USDT (about two to three thousand RMB) in a day is quite common.
In addition to manual trading, you may also consider using programs or quantitative bots, employing grid trading strategies or famous strategies like Martingale to enhance investment returns.
2. Holding Coins: Grasp future value, embrace lasting returns!#
Holding coins refers to possessing potentially valuable virtual currencies, expecting greater returns in the future. Choosing the right assets is crucial; you need to buy at appropriate price levels and use dollar-cost averaging to lower your purchase costs. However, sticking to your beliefs and overcoming greed is not easy, yet it is key to achieving long-term appreciation.
The path of holding coins is destined to be arduous, and the crypto space is not short of myths, with some people gaining several times or even dozens of times returns from altcoins or contract leverage, which can be tempting. Holders often feel lonely and are more suited for laid-back office workers.
Note: When holding coins, pay attention to wallet security; keep small amounts on exchanges and large amounts in cold wallets. The most famous cold wallet in the crypto space is OneKey, which requires a VPN for access; please click top right corner - Links - VPN recommendations.
3. DeFi Mining: Obtain stable returns through asset liquidity!#
DeFi mining involves staking assets on a platform to earn other tokens as rewards. This is a stable way to make money, with annualized returns usually exceeding 10%. Choosing a large platform is wise, especially DeFi platforms on the Ethereum chain. Both newcomers and veterans can achieve decent returns through mining.
The image above shows Binance's latest smart chain DeFi mining rewards HFT activity; Binance often has such activities, and newcomers receive extra rewards upon registration. Click here --> Go to the official website to register a Binance account. Access requires a VPN; please click top right corner - Links - VPN recommendations.
4. Exchange Arbitrage: Cleverly obtain new coin investment opportunities!#
Exchange arbitrage is a strategy to earn platform token rewards by participating in new coin activities on exchanges. Choosing the right platform is key; you need to stake platform tokens to qualify for new coins before participating. This can bring traffic to the project and the exchange, empowering you. However, it is essential to choose the right time and platform to minimize risks.
New users registering on OKX this month can receive blind boxes or Dogecoin gift packs; you can register directly in China: Click here --> Go to the official website to register an OKX account; some regions may require a VPN or alternative link
Binance often has fee discounts and newcomer gift packs; domestic users need a VPN to register: Click here --> Go to the official website to register a Binance account
5. GameFi Gold Mining: Earn profits by playing games, explore new gameplay!#
The GameFi field has seen many blockchain games, such as StepN, where you can earn money by running. By completing game tasks, you can earn profits, but you need to invest virtual currency first. This field is still in a chaotic phase, but it offers you the opportunity to try new gameplay.
6. Airdrop Hunting: Obtain tokens at zero cost, start a risk-free journey!#
Airdrop hunting, also known as "毛，" refers to completing interactive tasks set by project parties to receive free token airdrops. Some tokens may not have high value, but quality projects will issue quality airdrops. When participating, pay attention to project thresholds and focus on experiencing the product. Airdrop hunting requires strong psychological resilience, akin to a battle of wits with the project party, where patience leads to victory. Some people in the crypto space delve deeply into airdrop hunting, with a few achieving financial freedom, such as obtaining large airdrops like $ARB.
If interested, you can check out: 【Airdrop Interview】"How I Obtained 80,000 ARB Tokens".
7. Physical Mining Machines: Obtain virtual coins at low cost, explore new mining methods!#
Physical mining machines are divided into private miners and mining farms. The former is suitable for small-scale home mining, while the latter is suitable for large-scale mining operations. However, in the current bear market, balancing electricity costs and mining efficiency is more challenging. Home mining needs to consider electricity costs and noise, while mining farms can register cloud mining accounts.
There are various money-making ideas in the crypto space, suitable for different types of investors. It is recommended that newcomers start with conservative strategies and gradually explore opportunities. Whether you choose to trade coins, hold coins, mine, or arbitrage, thorough research and cautious decision-making are essential for achieving stable investments!
🔥 Solving the issue of accessing OKX exchange in China#
Many exchanges' original domain names may be restricted, or servers overseas may lead to slow access. Ordinary users may feel confused and even doubt the platform's issues. In reality, it is often due to the network environment rather than service interruptions. Exchanges like OKX and Binance regularly update alternative domain names to ensure users can access the official website through alternative addresses.
-
- OKX alternative domain Overseas OKX - requires VPN or alternative link
-
- Binance alternative domain Binance
-
- Bitget alternative domain Bitget
-
- Bybit alternative domain Bybit/Bybitglobal
-
- Huobi HTX alternative domain Huobi/HTX
-
- Gate.io alternative domain Gate.io
🔥 Further Reading#
🔥 Useful Tools for Finding Gold Dogs#
1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Airdrop Multi-Account Fingerprint Browser www.morelogin.com
Everyone is Searching For#
Buying Bitcoin in China, trading exchanges, beginner trading tutorials, is trading profitable, OKX download registration, domestic OKX recharge, Binance App registration, Binance App download, Binance platform buying tutorial, Binance registration, Binance airdrop registration, Binance iPhone download, how to buy President Coin, how to buy Dogecoin, buying Bitcoin with RMB, how to download OKX, web3 airdrop, web3 zero airdrop, Bitget mainland download registration, OKX passport registration, OKX download, Binance download, trading as a side job, OKX contracts, how to recharge RMB on OKX, how to recharge on OKX, how to create an NFT wallet, how to recharge RMB on Huobi, beginner's guide to the crypto space, btc8848.com, trading contracts Tony's principles, contract leverage bit wave, DeFi mining, crypto airdrop hunting, can crypto airdrops still be played, what to do if a contract is liquidated, how to buy President Coin on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play DeFi staking mining, can NFTs still be played, how to play web3 airdrop hunting, how to mine inscriptions, how to mine runes, crypto beginners' guide, how to trade coins, is trading profitable, beginner's tutorial in the crypto space btc8848.com, is trading profitable, what is contract leverage, DeFi mining, how to play crypto airdrop hunting, OKX airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz