Investing is the long-term strategy of buying and holding crypto assets for some time.
The investing strategy requires you to identify more stable assets that will be around for the long term.
01/03
What is cryptocurrency?
A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms.
Trading is meant to exploit short-term opportunities.
The crypto market is volatile. This means the prices of assets can increase and decrease in price dramatically over the short term.
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Trading
Staking is a way of validating crypto transactions.
The Proof of Stake algorithm chooses transaction validators based on the number of coins you have committed to stake.
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Staking and Lending
What is Staking and Lending
Staking is leasing your crypto to the blockchain, and lending is leasing your crypto to a borrower.
It rewards frequent users with a unique token.
Multiple blockchain-based social media platforms will reward you for creating and curating content. You are often rewarded with the native coin of the platform.
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Crypto Social Media
Mining is still a crucial component of the Proof of Work mechanism.
Cryptocurrency mining is how to earn money with cryptocurrency like the original pioneers.
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Mining
02/03
What is mining?
Mining is the process that Bitcoin and several other cryptocurrencies use to generate new coins and verify new transactions.
Airdrops and free tokens are distributed to generate awareness.
Airdrop can get you a free coin that you can then use to buy things or to invest or trade.
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Airdrops and Fork
Affiliate programs can be a great way to make some good passive income!
Many cryptocurrency exchanges have affiliate programs that allow earning commissions on customers you refer.