During times like this, it can be difficult to stay in the crypto space. You may see your investments drop since the last peak in March, and it might feel discouraging.
But what if I told you that you can still profit and even grow your portfolio during these periods ? Let’s explore how in this article !
Photo by Mathieu Stern
Opportunities
The Web3 ecosystem is probably one of the most promising and underestimated sectors on the internet. Many great projects are being built under the radar, just waiting to be discovered. It’s a vast ocean of opportunities if we take the time to learn more about the different areas of the blockchain industry.
Being able to follow promising projects before they launch a token can give you a significant edge, with the possibility of investing early before broader adoption occurs.
You can be even luckier if you discover a project that gives an airdrop when they officially launch their token. This means that, as a reward for your contribution, the project will give you tokens at launch, and you can choose what to do with them (hold, sell, etc…)
If you find a good project with the potential for an airdrop, it’s a jackpot. You get tokens for free at launch, and if the market conditions and project development align, the token’s price will most likely increase.
Take Time to Learn
To find good projects, you need to learn about the ecosystem. Understand the problems each project is trying to solve and how they plan to achieve their goals.
All of this takes time and dedication, but it can be very rewarding. That’s why I write articles for you about interesting projects like Aethir and Ionet that also reward your contributions.
This can help you grow your portfolio and your knowledge of the ecosystem while connecting with fascinating people.
I will continue making articles about projects I find interesting, so my advice is to take some time to learn more about them.
It’s a very safe method, but as always in crypto, be especially aware of scammers impersonating team members or hacks of Discord or Twitter accounts, which happen quite often.
And you ? Do you have any tips to profit from crypto at a low risk ?
As always thank you for reading !
My favorite Crypto Faucet : Cointiply (referral)
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Disclaimer : This is not a financial advice, you need to do your own research !
How To Profit From Crypto Even When Prices Are Falling was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.