Cryptocurrency is open for anyone to enter and start earning huge return. It doesn't matter if you are starting with huge capital, or little capital or even no capital. Whichever category you belong, you are accommodated and welcomed into cryptocurrency.
The everyday question people ask about cryptocurrency is how to make huge returns. Well I will list few ways you can get started in the cryptocurrencies no matter the state of your financial capabilities...
Buy and Hold
The best way to earn through cryptocurrencies is to buy some potential coins and hold for a period. You need to do a simple research once and need a little patience. Bet on some large cap and popular cryptocurrencies and forget your holdings for a year and enjoy 5x-10x returns.
Trading
Trading i.e. (buying low, selling high) of course is the best way to earn huge profit on your initial investment. But the crypto market is very volatile, uncertain, unpredictable and unregulated which brings about huge risks along with huge profits. Before starting with crypto trading, do analyze the market either with a dummy account or with small amount of money. Returns are huge (2x-100x), but risks are big too. It is not advisable for beginners to start with trading. Give it time and master how to trade. You can start by trying different strategy that will work for you when you eventually start the proper trading.
Mining
There are some cryptocurrencies whose mining is profitable like LTC, Zcash, ETH etc. But I would say unless you really want to do it, invest in them instead the same amount you would need to invest initially for mining, profits would be better. Mining requires you to have huge capital to be earning huge
Other ways are:
Faucets
Faucets (mere time waste) are a reward system, in the form of a website or app that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies... But like I said. This a mere waste time.
Sell a service or product for cryptocurrencies
This is another way to earn huge in cryptocurrencies without using any capital but you have to spend time. New altcoin coming onboard normally advertise their coin through the people and you can join the band wagon and earn huge. Most of them reward their participant in popular coin like BTC, ETH etc. while some reward you with their token (coin) which you can sell, trade or hold when they appear on exchanges.
You participate in their bounties such as Signature campaign, Twitter Campaign, Video Campaign, Avatar Campaign and so on. The best place to begin is on bitcontalk.org. Sign up and start following as many as possible. The good thing is that you can follow as many as you wish. But it is advisable you do a proper research on the coin you are following to make sure they have a good road map. Don’t just follow any coin. Do your research properly.
Masternode staking
There are several coins that have adopted a proof-of-stake system with masternodes. This was pioneered by the Dash cryptocurrency, several others have followed suite. there are nodes in the currencies network that fulfill a specific function beyond simply relaying transactions, It fulfill special functions for a cryptocurrencies network but do cost money and effort to operate, they are incentivized by gaining a share of the block rewards in their respective cryptocurrency.... you might need to learn more about this before you can participate.
Giving loans
You might want to loan out your coin for people we are specialized in trading to trade with it while they give you return at an agreed amount and period. Here you don’t have to fear of losing your coin or risking it for trading.... you can do research to find exchanges that offers such service.
Conclusion
As you can see cryptocurrency world accommodates all. The main key to be successful in cryptocurrency is research. Research and be informed also be patient
Thanks for reading guys until I bring you another tips.
