Cryptocurrency Q&A
Can I make a living on crypto?
Can I make a living on crypto?
Eleonora
Thu Oct 24 2024
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5 answers
1373
I'm wondering if it's possible to earn a steady income or make a living solely by investing and trading in cryptocurrencies. Is it feasible to rely on crypto for my financial sustainability?
5 answers
DigitalTreasureHunter
Sat Oct 26 2024
This means you can still benefit from any appreciation in the value of your cryptocurrency while earning interest.
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ChristopherWilson
Sat Oct 26 2024
Generating passive income from cryptocurrency is possible by lending your digital assets to borrowers.
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HanjiArtistryCraftsmanshipMasterpiece
Sat Oct 26 2024
However, it is important to be aware of the risks associated with this method. Lending cryptocurrency involves exposing yourself to the potential for default or loss.
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CryptoVeteran
Sat Oct 26 2024
Platforms such as BlockFi, Celsius, and Nexo offer this service, allowing you to earn returns on your cryptocurrency holdings.
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Bianca
Sat Oct 26 2024
The key benefit of this approach is that you retain ownership of your assets while they are being lent out.
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