These latest days of crypto market have been signed with an outrageous volatility. Fortunes have been made, but also vanished. Or, maybe, someone just lost more pennies than she meant to.
In such moments of instability, it may be useful to take a look around and evaluate some way to rebuild one's own assets with a zero risk strategy.
Here is a list of five safe way to earn crypto without risk.
1. Reviews
There are websites that pay you crypto to write reviews of product, games or services. One of them, for example, is the project Revain. Revain is a website which pays users who write reviews with its own coin, REV, which is traded on some Exchanges. Reviews must receive a certain level of social feedback to earn payment, but it doesn't require much time to write a polite and honest review, and it's 100% risk free.
2. Staking
Staking is the process to keep your tokens quiet in your wallet, and letting them earning interest in exchange of the possibility to be leant or used for validation of the network. By staking I don't mean providing liquidity to AMM (Automatic Market Makers) by becoming a pool, activity which involves the risk of impermanent losses, but just to avoid trading and subscribe to a yelding service from your Exchange or your wallet.
You can stake both tokens and stablecoins, and also digital fiat.
Staking tokens may be appealing because of higher interests, and there are token which offer a good balance between volatility and yeld. One of them, for example, is ADA, which offers good rewards for staking, and it is a relatively stable token.
Staking stable coins or fiat avoids every volatility risk, plus there are services (Nexo, for example) that offers good interests for fixed time staking.
3. Content creation
There exist services paying you for creating media content, or also to act as an influencer on social network, producing reviews of crypto assets or opinions in general about the crypto world.
4. NFT
By creating and selling your own NFTs, you can achieve an income in crypto. The ability of minting NFTs on different blockchains, rather than on the fee-consuming Ethereum network, opens a real possibility of entering the NFT scene for many people. Consider for example the added support to the Polygon network on Open Sea, which has lowered the fees involved with the management of NFTs a lot.
5. Learn to earn
"Learn to earn" is the activity of studying the technicals of a crytpo and taking a short quiz about it. If the quiz is answered correctly, you can receive a reward in that crypto, or be eligible for a prize extraction.
There are some exchanges which offers good and frequent "Learn to earn" events, for example Coinbase, Smartcoin, and recently also Kucoin. The platform Coinmarketcap also offers regularly such events.
Conclusion
With these risk free acitivities you would be able to give back some oxygen to your wounded wallet, and also to deepen some technicals of crypto while taking a relief form the stress of trading. Some services are really easy to use and very fun and rewarding.
