Techavy
  • Android
  • Best Apps
  • Tricks
  • Business
  • Reviews
  • Contact Us
No Result
View All Result
Techavy
  • Android
  • Best Apps
  • Tricks
  • Business
  • Reviews
  • Contact Us
No Result
View All Result
Techavy
Home Blockchain

How to Make Money with Cryptocurrency Trading in India?

Abhishek Yadav by Abhishek Yadav
June 23, 2020
in Blockchain
How to Make Money with Cryptocurrency Trading in India?

Wondering how to make money with cryptocurrencies? If yes, then without any further ado let’s have a sneak peek at some of the legitimate ways to earn money using crypto trading.

But remember due to the crypto market being decentralized there is a high risk of being caught in scams. So, before you use any method thoroughly assess its authenticity. However, we have listed below some of the proven methods that can help you make money the right way.

Top Proven Ways to earn money from Cryptocurrencies

1. Buying & HODLing

This is the safest way to earn money with cryptocurrency. Buy digital assets with the primary use case and hold them in your wallet until they gain a prominent market share.

Some of the best cryptocurrencies that you can use for HODling are:

  • Bitcoin
  • Ethereum
  • Nexo
  • Tezos
  • BNB Coin
  • WRX Coin
  • Monero
  • KMD (Komodo) etc

Buying these currencies keeps you on a safer side. You can hold them for a longer duration as their value is expected to increase against the fiat pairs. However, most of the investors opt to buy bitcoin in India. This is because it is known to have regular price swings which make it a safe investment option in this regard.

2. Staking Cryptocurrencies

If you want to enjoy dual benefits then without a thought go for this option. Staking involves locking in crypto coins in a live wallet for 24*7 in order to aid the security and operations of the blockchain network. Doing so enables you to earn a dual profit, one is the appreciation for holding coins and the other one is for staking coins.

Also Checkout  How to Convert Ethereum to Bitcoin?

Some of the best performing coins you can use for staking are:

  • Neblio
  • Komodo
  • Decred
  • Tezos (XTZ)
  • PIVX
  • NAV Coin

Out of these coins, Tezos offers the best return which is around 6% year on year.

3. Buy & Hold digital assets For Dividends 

This is one of the most preferred ways to earn money with cryptocurrency. Surprisingly, there are some coins that help you earn returns for simply buying and holding their crypto assets that too without staking. Few notable coins that pay you dividends include BNB, XTZ, NEO, NEXO.

4. Day Trading Cryptocurrencies

If you have sound analytical and technical skills then you can use this method of earning money. Since all of the exchanges provide the facility for INR to bitcoin conversion, you can easily start day trading. The process involves no rocket science, simply, buy order during low price and sell them as soon as their price reaches the target. Follow this multiple times in a day and earn handsome returns on investment.

5. Arbitrage

Another attractive method that helps you earn a good amount of money with cryptocurrency is arbitrage. The variation in prices of assets on different platforms can be used to add profit to your pocket. All you need to do is to simply buy digital assets from cheap sources and then sell them on overpriced ones.

So, next time when someone asks you, “Can you make money with cryptocurrency?”, narrate them these handy ways.

 

3.1k
SHARES
ShareTweet
Abhishek Yadav

Abhishek Yadav

Hello, I am Abhishek Yadav, I am an Internet Marketer and a Blogger. along with blogging I also have some Programming and content marketing skills. Connect with me on Twitter @Abhinemm to know more about me :)

Related Posts

Benefits of Trading Bitcoin
Blockchain

Benefits of Trading Bitcoin

by Abhishek Yadav
January 11, 2021
Cryptocurrencies: Security Risks and Ways to Protect Yourself
Blockchain

Cryptocurrencies: Security Risks and Ways to Protect Yourself

by Abhishek Yadav
August 13, 2020
How has cryptocurrency changed the world?
Blockchain

How has cryptocurrency changed the world?

by Abhishek Yadav
May 10, 2020
RIPPLE CEO: WE CANT CONTROL XRP PRICE ANY MORE THAN BITCOIN WHALES
Blockchain

RIPPLE CEO: WE CANT CONTROL XRP PRICE ANY MORE THAN BITCOIN WHALES

by Abhishek Yadav
March 6, 2020
Next Post
The Newest High-Tech Features for PLM Software

The Newest High-Tech Features for PLM Software

Is CBD Good for Chronic Pain?

Is CBD Good for Chronic Pain?

The Benefits of the Design for Manufacturability

The Benefits of the Design for Manufacturability

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Best Blogs for Online Entrepreneurs to Follow

Techavy's Best Apps 2018

  • All
  • Best Apps
Best Recovery File Managers For Android

Best Recovery File Managers For Android

by Abhishek Yadav
July 18, 2019
0

A recovery File manager is an important software which one must have on his device. This file manager helps you...

15 Best Appointment Scheduling Apps.

15 Best Appointment Scheduling Apps.

by Abhishek Yadav
October 7, 2018
0

For many businesses, keeping up with their appointment can be a big issue. Fortunately, there are many online tools that...

Best helpful Apps for Students

Best helpful Apps for Students

by Abhishek Yadav
September 7, 2018
0

As soon as a schoolchild becomes a student, the intensity of his life increases several times. Long lectures, seminars, preparation...

Top 7 Useful Apps for Students

Top 7 Useful Apps for Students

by Abhishek Yadav
August 15, 2018
0

Today, all of us are used to doing everything with the help of our smartphones - waking up in the...

Techavy

© 2018 Techavy. all rights reserved.

Navigate Site

  • Home
  • About us
  • Contact Us
  • Privacy Policy
  • Use of Cookies

Follow Us

No Result
View All Result
  • Home
  • About us
  • Contact Us
  • Privacy Policy
  • Use of Cookies

© 2018 Techavy. all rights reserved.