I'll make this short... and i will also avoid any IRRELEVANT crypto jargon in this post, so that even a 4-year old kid can understand.
TRADING:
[IMAGE SOURCE (https://pixabay.com/en/stock-trading-monitor-desk-1863880/)
Buy coins at a low price and sell at a higher price.
(For example:
You Buy 10,000 VEEK-COINS when it is at $0.003, then sell off when it enters maybe $0.004). TAKE YOUR PROFITS, before it drops again.)
Okay, it is not that simple. There are still a lot of things you should know, but that's basically what it is about.
HOLDING:
Just buy the coins and leave them TILL FURTHER NOTICE
(For example:
If a coin sells for $0.002 NOW, and you buy 1000 of it for $2. Then you leave it, and it climbs to $0.02 By December. You'll now have $20).
AIRDROPS
These are more or less FREE coins distributed to you by developers, even before they go official. They are given based on a number of criteria.
(Case Example, Ethereum Blue. I think 1,000 of it was distributed in the airdrops.
ICOs
New coins are given at a low price before they LAUNCH.
They use this means to raise funds for further developments and shit like that!
(A Case example is Electroneum. The last ICO price was $0.01. Then it launched.
See the current price here ===> https://coinmarketcap.com/currencies/electroneum/)
BLOGGING.
This is an Untapped, yet a potentially MONEY-MILKING niche... if you know what you doing.
You could make a lot of money, if you just BLOG about Cryptos.
... and of course, there's #Steemit
.
dazol i can pull out of mi brain right now!
Did i miss something?... ADD!
Did i state a fallacy?... CORRECT!
Are you still confused?... ASK QUESTIONS!
Solution-Providers are watching....
Peace!!!