Many people mistakenly think the only way to profit in the crypto market is to become a professional trader watching every green and red candle but in reality there are countless other paths helping you increase assets passively and much more sustainably
š¹ The first strategy is Staking
This is the simplest method where you lock a certain amount of coins into the network to support transaction validation
And receive inflation rewards from the system like depositing savings in the bank
But the interest rate is often much higher especially with POS platform coins like Ethereum or Solana
šø Lending is suitable if you are holding assets but you do not want to sell
Take them to lend on DeFi platforms like Aave or Compound to receive interest
Borrowers need leverage this helps you keep coins and create a steady cash flow regardless of the market up or down
š¹ Airdrop Hunting and this is a way to make money with 0 or very small capital
By experiencing the project new products early to receive free token rewards
When they launch a big airdrop like Arbitrum or Uniswap can completely change your financial position in just one night
šø Yield Farming is the most special way for those who are knowledgeable about DeFi
You can provide liquidity to decentralized exchanges To receive a share of transaction fees from user
However, be careful with the risk of Impermanent Loss when the coin price fluctuates strongly
š¹ Earn & Learn this way can be the most difficult
When many large exchanges like Binance have reward programs for users
When they complete short courses on crypto, this is a great way to both improve knowledge and accumulate more potential coins without spending a penny
Will you choose to be a relaxed investor enjoying compound interest or continue to be a stressed trader with chart?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
