The winter in Crypto is over. The bulls are back! (or so it seems.)
Yes it could be said that most of the average crypto holder in the late 2017 could have incurred huge losses on their holdings. If you didn’t know it, it was when most crypto coins reached all-time-high (ATH) and went back to the ground fast!
Its 2019 now and it seems recovery and optimism with crypto and blockchain is doing good. Coins mostly trending up as of the moment.
PASSIVE INCOME THAT BEATS THE STOCK MARKET
You can beat the stock market returns with your crypto holdings. Stock Market can yield an average of 8-10% yearly and crypto investing can surely beat. Knowing this, cryptocurrency trading and investing could become part of your passive income portfolio. If you dig deeper in the crypto space, you will discover more opportunities that will give you better returns. Here are the ways you can beat the Stock Market thru Crypto investing/trading:
1. Take Advantage of “Airdrops”
For example, Crypto.com, a blockchain company that uses crypto as payments are airdropping their new CRO coin if you owned and hold their old MCO coin. For 500 MCO, you will get 2000+ CRO coins monthly. To join Crypto.com, click here.
Another example is the TRON (TRX) coin. TRX coins are used for decentralised applications (dApps). The company behind TRON is also acquiring Bittorrent, a file sharing platform. TRON foundation now issued BTT coins for Bittorrent use, which can be acquired if you hold TRX coins.
You can trade TRX coin and receive BTT airdrop in Binance. Binance is the leading Cryptocurrency Exchange with a lot of coin listing to choose from.
Join Binance here.
2. Staking your coins for more coins.
Aside from airdrops, one can earn additional coins (CRO coins mentioned previous are also looking for holders who will “stake” their holdings to uphold integrity of the CRO blockchain systems. Called “Council Nodes”, you can stake a minimum 10,000 CRO to get a 12% per annum interest. Payout are given daily and you can withdraw your stake anytime. If you stake 20000 CRO, you will get 6.57 CRO daily. To join Crypto.com, click here.
There you have it. Those are the ways aside from hodling, that you can increase the value of your crypto holding. There are other ways to earn more but I have not tried it yet so I can not say something about it yet. Perhaps soon.
Note: This is my personal opinion and not a professional financial advise. Readers should understand that they have to do their own research decide on their own. Trading cryptocurrencies and profiting from them can be risky.