How to make money in the currency circle? How to make money in the currency circle?

Making money in the currency circle has become a hot topic that many people pay attention to. Especially how ordinary people make money in the currency circle is a strategy that many people want to know. This article will introduce in detail various methods of making money in the currency circle and provide practical operating guides for ordinary people.

Recommended by mainstream exchanges in the 2025 currency circle

• Binance Binance:
• Ouyi OKX:
• Huobi:
• Gate.io Sesame Opens:

Invest and trade

Investing and trading are one of the most common ways to make money in the currency circle. Many people’s original intention to enter the currency circle by buying and holding cryptocurrencies, or obtaining profits through short-term transactions.

• Long-term investment : Choose some potential cryptocurrencies, hold them for a long time, and wait for their value to rise. When choosing a currency, you need to pay attention to the fundamentals of the project, including team background, technical strength, market demand, etc.
• Short-term trading : conduct short-term trading operations through technical analysis and market sentiment. Common trading strategies include intraday trading, swing trading, etc. It should be noted that short-term trading risks are high and suitable for investors with certain experience.

Mining

Mining is another way to make money in the currency circle. Mining is to solve complex mathematical problems through computer hardware, thereby obtaining newly issued cryptocurrencies.

• Choose the right mining machine : Choose the right mining machine according to the currency you want to mine. Bitcoin mining usually requires high-performance ASIC miners, while other currencies may be suitable for GPU mining.
• Joining a mining pool : Due to the increasing difficulty of mining and the personal mining success rate is low, joining a mining pool can improve the stability of returns.
• Electricity bills and costs : The cost of mining mainly includes electricity bills and depreciation of mining machines, so it is necessary to calculate whether the mining income can cover these costs.

Participate in airdrops and candy

Airdrops and candy are a marketing method in the currency circle. Project parties attract users and increase project visibility by issuing tokens for free.

• Follow project trends : Keep abreast of upcoming airdrops and candy projects through official social media, telegraph groups and other channels.
• Complete tasks : Usually, you need to complete some simple tasks, such as registering an account, forwarding tweets, etc., to get tokens.
• Timely cashing : The tokens obtained may have a certain value, but may also depreciate quickly, so they need to be timely cashed.

Participate in DeFi

DeFi (decentralized finance) is a popular area in the currency circle in recent years. By participating in DeFi projects, you can get high returns.

• Choose a reliable DeFi platform : Choose a reputable DeFi platform, such as Uniswap, Compound, etc., to ensure the security of funds.
• Pledge and lending : Obtaining interest by pledging tokens, or earning interest spreads through borrowing and lending is a common way to make money in DeFi.
• Risk management : DeFi projects are at high risk and need to allocate funds reasonably to avoid excessive concentrated investment.

Participate in the NFT market

The NFT (non-fungible token) market has developed rapidly in recent years. By buying, selling and creating NFTs, you can make money in the currency circle.

• Buy and trade NFTs : Buy potential NFT works through platforms such as OpenSea and wait for their value to rise before they are sold.
• Creating NFT : If you have artistic creation ability, you can cast your works into NFTs and earn profits through sales.
• Research market trends : The NFT market is volatile, and it is necessary to study market trends and choose the right time to buy and sell.

Things to note when ordinary people make money in the currency circle

As an ordinary person, you need to pay attention to the following points to make money in the currency circle:

• Risk Management : Investment in the currency circle is relatively risky, so it is recommended to invest only the funds you can bear the losses.
• Continuous learning : The knowledge in the currency circle is updated rapidly, and you need to continue to learn and master the latest market trends and technical knowledge.
• Rational investment : Avoid blindly following the trend and formulate reasonable investment strategies based on your own risk tolerance and investment goals.

FAQ

Q1: How much initial capital is needed to make money in the currency circle?

A1: The amount of initial funds depends on the way you choose to make money. If it is an investment and transaction, it is recommended to prepare at least $1,000 to deal with market volatility. If it is mining, it may require an initial investment of several thousand to tens of thousands of dollars, purchasing mining machines and paying electricity bills.

Q2: Does making money in the currency circle require professional knowledge?

A2: Although having some professional knowledge can help you make money in the currency circle better, it is not absolutely necessary. Ordinary people can gradually master the necessary knowledge and skills through learning and practice. It is recommended to start with small investment and gradually increase the investment scale after accumulating experience.

Q3: How risky is there in the currency circle making money?

A3: The risk of making money in the currency circle is high, especially in short-term trading and DeFi projects. The cryptocurrency market is volatile, and policy and technical risks also need to be considered. Therefore, it is recommended to fully understand the risks before investing, allocate funds reasonably, and avoid excessive concentration of investment.

Q4: How to choose the right way to make money?

A4: Choosing a money-making method that suits you requires considering your individual risk tolerance, time investment and professional knowledge level. If you have high risk tolerance and plenty of time, you can try short-term trading or DeFi projects. If you prefer a steady investment, you can choose to hold high-quality cryptocurrencies for a long time.

The above is the detailed content of How to make money in the currency circle? How to make money in the currency circle?. For more information, please follow other related articles on the PHP Chinese website!