Cryptocurrency Investing

Andreas Bor
3 min readMay 21, 2020

Cryptocurrency earning methods and principle.

Growing popularity, high demand, user reviews suggest that it is really possible to profit from working with cryptocurrency. As in most online areas, there are ways to make money on cryptocurrency with investments, and without initial capital:

  1. Mining is the process of creating a amount of cryptocoins on a special algorithm. A unique set of data (or block) is generated on the computer that confirms the authenticity of payment transactions. The success of mining depends on the computing power of your computer or farm. The higher the power, the higher the probability of getting a reward, but in pools, the reward is simply divided in proportion to the power given, this is more stable and allows you to participate in mining even on a normal computer.
  2. Trading one of the most effective ways to earn cryptocurrency is to participate in trading on the exchange. Outwardly, everything looks simple, it’s enough to buy cryptocurrency cheaper and sell more expensive. However, without special training, making money on the cryptocurrency exchange is impossible — according to statistics, about 90% of newcomers lose money.
  3. Another way to build money on cryptocurrency is to give loans to individuals or organizations. There are entire p2p sites where you can transfer a private loan.
  4. Participating in an ICO/IEO is a great way to make money on cryptocurrency. The first tokens are purchased at the initial price. Subsequently, earnings are formed due to the resale of the token at a higher price.

The cryptocurrency earnings without investment.

  1. Airdrop is a type of marketing strategy in which tokens are distributed free of charge to new customers or existing owners of a particular cryptocurrency. In other words, it is essentially a free distribution of tokens of various cryptocurrencies to users for the purpose of advertising or increasing loyalty.
  2. Bounty campaigns are created to promote new technological projects and cryptocurrencies. As part of such events, participants receive a reward in the form of new tokens, which can then be exchanged on cryptocurrency exchanges for fiat money (rubles, dollars, euros) or left in your wallet in the hope of a significant increase in the exchange rate in the future.

WinPlay.App

WinPlay.App is the platform where you can take part in contests, discover & support your favorite blockchain projects & win amazing cryptocurrency prizes.

How to work with WinPlay.App?

There is now a Noia Network draw with a prize pool of 350,000 NOIA.

Everything is very simple, immediately on the main page you are shown which draws are currently underway (Join) and below, which have already ended (Ended).

Brief information is displayed on the cards:
Number of coins distributed
Time to finish
Conditions
Number of participants
Select the desired card and click Join — Earn Points.

Inside we are waiting for different tasks

Tasks are very different and can be repeated, the organizers can come up with anything.

You can earn points for various actions on the site, joining your social networks + playing games and lotteries.

Website: https://winplay.app

Twitter: https://twitter.com/WinPlayApp

Facebook: https://www.facebook.com/WinPlayApp2

--

--