Hello , in this article im gonna introduce you to 25 ways to earn free cryptocurrencies and make your portfolio bigger day by day
Lets get started :
What Is a Cryptocurrency ?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a LEDGER existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency.[5] Since the release of bitcoin, over 6,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.
1-Buy and Hodl
You just need to buy and hold your favorite coins on short/average or long term
make sure you pick some good and promising coins/tokens and store them like bitcoin/etheruim/dash/monero/litecoin/XRP etc ..
2-Blogging and Making Videos
You can earn cryptocurrencies by writing blogs
there is a lot of crypto-related websites that reward authors for writing articles
like Steemit/Medium/Uptrennd/Publish0x
you can also make videos to promote your projects and earn commissions
3-Faucets
claiming free cryptocurrencies from faucets has been a very popular way for years since the crypto were born
4-Mining
Another popular way to make money online lately is mining at your home with your pc or a dedicated pc or even a mining rig. Mining has become a competitive field and your standard desktop PC or laptop simply won't cut it. You will need to spend some initial capital on a high-end pc and some additional GPU for it to be profitable and it will take you a couple of months to break even with your hardware investment because the earnings on mining can be very slow sometimes.
5-Cloud mining
cloud mining is a company that owns a mining warehouse and you rent a part of their mining hashpower and they give you a percentage of the mining profits , the hashpower is also called a mining contract
6-Staking
There are two popular schools of thought when it comes to Cryptocurrencies, proof of work which is where mining comes in and proof of stake. Proof of stake allows hodlers of a certain coin to earn interest for supporting the network. You will need to invest by purchasing a certain amount of a certain currency
7-Airdrops
participating in airdrops is also a very popular way to earn cryptos
you can find the lastest and hottest airdrops here : https://airdrops.io
8-Bounties
Bounties are similar to airdrops , you just need to do marketing tasks the company provides and you get rewarded for that
9-Gaming
you can play games and earn cryptocurrencies , there is alot of games on phone or web that earn you some cryptos
10-Network support
There are a few promising projects in this space looking to create a decentralised marketplace for resources. Projects like Golem, Sia, Presearch and Storaj which allow you to rent out hard drive space or CPU power and get paid in their network-based currency.
11-Microtasks
Microtask websites allow users to get paid in cryptocurrency for completing tasks. you just need to do some jobs or tasks
12-Futures contracts
If you want to trade on Bitcoin but you don't have a strong stomach for the volatility you may want to look at Bitcoin futures. Futures are an agreement to buy or sell an asset on a specific future date at a specific price. Once the futures contract has been entered, both parties have to buy and sell at the agreed-upon price, irrespective of what the actual market price is at the contract execution date.
13-Affiliate marketing
affiliate marketing is simply : spam your referral links in crypto-related forums to build a referral tree and get commissions
14-Selling goods and services
If you're an eCommerce site you just need to add cryptocurrencies as a payment method
15-Freelancing
If you're a digital freelancer you should be familiar with the concept. you can join some freelance websites and offer your skills for money
you can choose to get paid with crypto aswell
16-Investment programs
simply make a research about investment companies , join with your funds make them work and get you profits
you can simply join this project : https://bitcointribution.com/?ref=Meliodas2020 its legit and paying
17-Day Trading
if you have a knowledge about trading , you can deposit funds and start buying/selling coins
just look for good signals before you go into any trade
Most popular sites to trade: Binance, Kucoin, Bittrex, Bitfinex and HitBTC
18-High-Yield-Investment Programs
or as known as HYIPs , well this type of websites has 2 types : fast scamming programs and long term programs
in either ways , you just invest what you can afford to lose
and join the programs from their early days
always be careful
you can join this project : https://bitcointribution.com/?ref=Meliodas2020 its legit and paying and no risks (will update the status everyday)
19-Invest in an ICO
These are essentially new cryptocurrencies trying to enter the market before they can be exchanged on the popular exchanges. Usually, they introduce coins with special new features that can be helpful to the community in some way. These ICO's will usually offer you a discounted price and additional free coins for getting in early and taking the risk. most of the ico's are scams or shitcoins so be careful
20-Gambling
Gambling is no better than HYIPS , its even has a higher risk of loss
if you are lucky enough you can make very good profits from gambling
21-Cryptojacking
Cryptojacking involves executing a unique javascript within a visitors browser. When a user visits your website that javascript activates on page load and uses your website visitors CPU power to mine cryptocurrency for you while they're on your site. which is a bad and sneaky feature only in case the user accepts it
22-Donations
donating is a way of support , if you have a good project helping people you can ask for donations to keep your project running
loyal users will donate
lets try : can i get donations here haha
Bitcoin : 16uBAfM43o2gL7GAhLf7gztd6Py3d63oDB
Etheruim : 0xF74c1057696487d97d53ac2d5c303EcEa578a750
23-Advertising Networks
its done by placing ads in your website or blog and earn commissions from the traffic generated from them
there are many advertising companies that pays in crypto for placing their ads
24-Creating your own cryptocurrency or token
If you're looking to raise funds for your business you can create your own token and launch an ICO and get crowdfunding to help you start the project
and make the token/coin go to moon
25-Leverage trading
Leveraged trading is a high-risk trading option used by professional traders who are happy to risk capital on margin calls.
