Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,140 members, 7,821,893 topics. Date: Wednesday, 08 May 2024 at 09:03 PM

How to earn more cryptocurrency even with the fall of crypto - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / How to earn more cryptocurrency even with the fall of crypto (585 Views)

The Raise And Fall Of Dogecoin / Cryptocurrency Masterclass : A Beginners Guide To The World Of Crypto / BOOM! Part 1 Of Crypto Vocab: Cryptocurrency Lingo (2) (3) (4)

(1) (Reply) (Go Down)

How to earn more cryptocurrency even with the fall of crypto by MantheDude: 10:32am On Aug 23, 2022
Making money in cryptocurrency even with the fall of crypto involves using the trading strategies that work perfectly for the bears season as this, which is buying low and selling high; even though this might seem difficult, it's not impossible, with the use of right technical analysis and tools on trading apps, look for when a crypto has reached and overbought region, then wait for it to be oversold again, then buy in at that point.

Note that using this method will not allow you to hold for a very long time, so you will have to sell once you see your profits from buying in on the token.

Another strategy is arbitrage trading, you can look for two platforms that offer the same cryptocurrencies, but at different prices, then you will buy on the exchange with the lower price and sell on the exchange with the higher price, then you can save your profits in USDT or a suitable stable coin, you can use this profit to buy back the dip.

You can also learn dollar-cost-average to buy a certain percentage of your portfolio dedicated for trading. You can read on daily trading strategies for making money here.

2 Likes

Re: How to earn more cryptocurrency even with the fall of crypto by Ferolad1: 12:14pm On Aug 27, 2022
MantheDude:
Making money in cryptocurrency even with the fall of crypto involves using the trading strategies that work perfectly for the bears season as this, which is buying low and selling high; even though this might seem difficult, it's not impossible, with the use of right technical analysis and tools on trading apps, look for when a crypto has reached and overbought region, then wait for it to be oversold again, then buy in at that point.

Note that using this method will not allow you to hold for a very long time, so you will have to sell once you see your profits from buying in on the token.

Another strategy is arbitrage trading, you can look for two platforms that offer the same cryptocurrencies, but at different prices, then you will buy on the exchange with the lower price and sell on the exchange with the higher price, then you can save your profits in USDT or a suitable stable coin, you can use this profit to buy back the dip.

You can also learn dollar-cost-average to buy a certain percentage of your portfolio dedicated for trading. You can read on daily trading strategies for making money here.
I can suggest if you can be holding coins on apps like trust wallet , quidax and most especially yellow card

1 Like

Re: How to earn more cryptocurrency even with the fall of crypto by tobiapalowo: 9:53pm On Aug 27, 2022
This is a really cool thread. You can easily use apps like binance and yellowcard app. Most especially the latter. It's a reliable crypto app.
Re: How to earn more cryptocurrency even with the fall of crypto by lamzy97: 11:45pm On Aug 27, 2022
This is an awesome thread. Binance is usually a starter for beginners though although complicated then you could consider the Yellow card app too. Very good one for trading
Re: How to earn more cryptocurrency even with the fall of crypto by Oyedoyin2004: 9:40am On Aug 28, 2022
You can keep stacking your cryptocurrency using usdt on yellow card app. It’s quite easy to use and navigate. Don’t sit around waiting for free money.
Re: How to earn more cryptocurrency even with the fall of crypto by Kayconcept2(m): 5:14pm On Aug 28, 2022
Trading with a secured reliable platform is also part of it. Yellow card fill that lacuna.
Re: How to earn more cryptocurrency even with the fall of crypto by Realboygenius(m): 10:07pm On Aug 28, 2022
Kayconcept2:
Trading with a secured reliable platform is also part of it. Yellow card fill that lacuna.

How does the app works?
Re: How to earn more cryptocurrency even with the fall of crypto by Niswayne19: 9:13am On Aug 29, 2022
Going to learn more about arbitrage trading

(1) (Reply)

Bounty - Edwin Godfrey Aigboviose - Scammer & Cyber Criminal / Diamond Bank Atm And My Unremmitted Money / How Much Is Your A $ To A Naira With Your Bank?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 13
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.