What is the best way to benefit from crypto market?

[Lily]

The crypto market offers various avenues for financial gain, and opinions on the best approach differ. While some advocate for long-term investments and others favor trading, my personal experience leads me to believe that staking is the most effective strategy for generating income from cryptocurrencies. Staking involves participating in platforms where you can lock up your crypto assets and earn rewards. These platforms offer opportunities to earn interest on your crypto holdings, similar to earning interest on fiat money in a bank account. Exploring the world of staking can provide a stable and rewarding income stream in the dynamic landscape of cryptocurrency.

[deucher]

If you don't have a lot of money, then I don't think you need to consider staking as one of the profit systems, because you get the most - 18 percent per year, and if you have 200 dollars, then it doesn't make any sense. You can try to take part in launchpads where the chance of winning a place is low, but the potential profit is high and the chance of losing money later is also low.

[Heatman]

There are so many ways to invest in cryptocurrency. It's all about using the means which you're a pro in. Some buy and hold for a long time when it appreciate, they will sell while some trade spot and on futures to make money. I do both of them because I know how to do so.

[riberet19]

I think that the best way to profit is to invest in long-term projects with very good fundamentals, such as Bitcoin, Solana, Litecoin or others, since it has been shown that in the long term it is how you make more money in this market.

[Heatman]

I think that the best way to profit is to invest in long-term projects with very good fundamentals, such as Bitcoin, Solana, Litecoin or others, since it has been shown that in the long term it is how you make more money in this market.

As long as you have the money to go into cryptocurrency investment on a long term, it's definitely going to serve you better because coins will definitely appreciate at one point.