How to make money in crypto 2022 is what I refer to as the fundamental principle of 2 I that is Information and Investment.
Crypto space is the fastest growing and new source of income that anybody irrespective of race, gender and culture can be drinking the milk.
Even in a bearish market, some are living as if every day is a festive period.
In this article, I will be sharing how to make money in cryptocurrency in 2022.
Even though this is not limited to 2022 alone, you can use any of the highlighted ways at any point in time.
How to make money in crypto
Before you read this article, make sure you have read the beginner’s guide. If you’ve not read it, click here to read it.
It is the foundation of how to make money in crypto in 2022.
Information
This is one of the most underrated aspects of the cryptocurrency space
With the current buzz around cryptocurrency, it is good news to know that only a fraction of the world population knows what blockchain really is.
According to this survey, only 16.9% of those that hold one cryptocurrency or the other actually understand what blockchain really is.
It is good to believe that people already know what you know but by learning on a daily basis at a rate of 1% personal development, you are bound to know more than others in a short time.
Are you ready to exchange your time for knowledge?
Teaching others about what cryptocurrency is might be a good way for you.
Are you afraid of that?
What about sharing information about industry leaders?
Whatever you choose, have it in mind that you will also receive value when you give value.
What you think they know, however, packed into a course, workshop or webinar can be your breakthrough.
You can create video content and post it on youtube. While you are blessing people with your knowledge you will be getting value as well.
Investment
Investment is one the easiest ways to generate and accumulate wealth though it requires patience and perseverance.
You can read the underlying principles of wealth creation to know more.
Your money is a tool which can work for you through trading and staking. Crypto trading is an integral part of investment.
Crypto trading is the art of buying cryptocurrency at a lower rate and selling it at a higher rate
In order to be able to breakeven and make more money for yourself, you should learn how to Do your own research and sound knowledge of how the financial market works.
Crypto trading can’t make you a millionaire within a second and you can also lose your life savings within seconds. That is why knowledge is key and the most powerful element to access your financial freedom in crypto space.
Another aspect of investment is staking.
Staking reduces your stress of checking the market and probably gambling in the financial market.
It is a way of making money without hassle as you earn returns on your investment.
Other ways to make money in crypto space are crypto jobs which include social media management, community management, software developer, blockchain developers, accountants, ambassadors, legal practitioners among others.
Irrespective of the method that you think will work best for you, remember, it is not going to be an overnight success.
About Kumo
Kumo, registered as Kumo Technologies Inc in Delaware, U.S. is a fiat and crypto social payment app which allows users to exchange fiat (NGN) to crypto, save and earn interest in dollar with as low as $5, utility payment such as DSTV subscription, airtime, data among others.
Kumo wallet is your all-in-one social payment app for seamless payment solutions.
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