5 Profitable Proof-of-Stake Cryptocurrencies – Part I

From Blockchain to...
User avatar
howlermunkey
Site Admin
Contact:
Location: East Coast
Posts: 1261
Joined: Tue Feb 20, 2018 12:04 pm

5 Profitable Proof-of-Stake Cryptocurrencies – Part I

Tue Jun 12, 2018 7:42 am

With cryptocurrencies, there are some ways to earn some extra income:

Purchasing and hodling cryptocurrencies – as price spikes, so you make some cool income. The problem with this is, it can go the other way as well, and you lose a ton of money.

Trading cryptocurrencies – trying to buy low and sell high. As simple as that sounds, you must have the proper knowledge for this to venture into it.

Mining cryptocurrencies – this will cost you some money to buy hardware devices required to make any reasonable amount of money. Though fun to do, choosing the wrong coin could be disastrous. The good part is that a mining device usually works for more than one crypytocurrency, so you can easily swap.

Staking cryptocurrencies – by a process called Proof-of-Stake, you can make some extra cash while hodling those cryptocurrencies which are concerned for even more gains.

We’ll be looking into the 4th option in this article to learn how to make some extra side cash from Proof-of-Stake cryptocurrencies.


https://usethebitcoin.com/5-profitable- ... es-part-i/

Return to “LEARN”