How To Make Money With Crypto in 2022

Griffin Milks
•January 5th, 2022
DESCRIPTION
This video covers a beginner's guide to investing in cryptocurrency in 2022, along with how you can build wealth long-term using proven strategies. ► Get $25 in Free Crypto with Newton 🇨🇦: https://web.newton.co/r/XTW5YQ
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How can you make money with crypto in 2022?
With its limited 21 million cap, Bitcoin’s increasing demand has turned it into, hands down, one of the best performing asset classes to simply and hold over the past couple of years, with returns of 87% in 2019, 302% in 2020, and 60% in 2021.
1. CRYPTO MINING
The first way to make money with crypto is where you’re utilizing the power of strong graphics cards or other purpose-built computers to work at building the blockchain for the crypto you’re mining and/or validating transactions on the network. Miners are rewarded for doing. That being said, the profitability of Ethereum mining has greatly dropped over time.
2. BUY & HOLD AS A STORE OF WEALTH
A good strategy in regards to investing in crypto, to actually be a hedge against inflation is to consistently buy into the top coins, being Bitcoin and Ethereum, which have led the majority of all crypto gains over the past 3 years. Just like how I routinely recommend consistently buying into market Index Funds in regards to stock market investing, the same applies to crypto investing for the average retail investor, considering that you’re just looking to gain exposure to this asset class long-term.
3. CRYPTO ETFs
I personally don’t use crypto ETFs because I prefer having full control over my crypto holdings, although they can make sense depending on your preference and strategy.
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-Griffin
#CRYPTO #INVESTING #CRYPTOCURRENCIES
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Investing, Investing Steps, Investing Strategy, How to Invest, Stock Market, Stock Market Investing, How to Invest In Stocks, Stock Investing, Real Estate Investing, Real Estate, Goals, Financial Goals, Personal Finance, Financial Independence, Passive Income, How To Make More Money, passive income source, crypto, bitcoin, cryptocurrency
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Disclaimer: This video description contains affiliate links, meaning that if you click on a product link, I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.

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