Top 4 ways to gain financial freedom through cryptocurrency

The year is wrapping up. A lot of us have achieved goals financially while others haven't. A lot of us have learned some financial lessons and when it's applied they can yield meaningful results.

I got to learn a lot about crypto and blockchain this year, not just learning but also practicalizing as well. And for sure in the upcoming year, it will be a full-time business.

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Having studied and observed, I would love to share a few possible ways of earning multiple streams of income in the digital market.

Trading
Buy and HODL
Staking
Content creation.

Trading

Day trading is one way you can make money daily and keep a few bucks for yourself. Although the strategy is quite risky because it demands high efficiency in stock analysis. Stock analysis is required to forecast the trends of cryptocurrencies in their market. Trends like the value of Bitcoin and other cryptocurrencies monitor their changes during the course of the day. The stock analysis includes both fundamental and technical analysis.
Just like investing traders buy cryptocurrencies(assets) and sell them making good and quick profits for themselves.

Buy and HODL

This process is a very easy way to make money in the crypto industry. This process is really practiced by investors. These investors buy and gather cryptocurrencies when the market is bearish. The reason is that the prices of these cryptocurrencies are not expensive during the bear season.

During the bull season, when the prices of the cryptocurrency hike up there's so much profit from selling them.
However, it is wise to hold onto assets that have a history of sustaining stable price changes. Assets like Bitcoin and Ethereum are safe for investing in. The best assets to use are assets that are more steady and volatile, assets that can change in value quickly and produce steady returns.

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Staking

This is almost the same thing as locking up your funds in the bank( fixed deposit). Which accumulates interest as time goes on.
Crypto assets could be staked. Here in hive, we have pieces of stuff like SPS, Leo, and hive, which could be locked up to generate more rewards.

Content creation.

There are tons of jobs for professional content writers. Prolific writers that can gather useful information and crypto news. Also ,writers that can advertise crypto companies and create awareness of what is happening in the crypto space.

It is never too late to start using cryptocurrencies to make money in the next year to come. Financial freedom is possible and realistic.

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