JAKARTA - Investing in cryptocurrencies is becoming increasingly popular as the cost of living continues to rise. People are looking for ways to earn additional money, and investing in the financial market seems to be the right choice.
However, not everyone has the funds to invest in crypto. Fortunately, there are several ways to invest in cryptocurrencies without having to buy coins. In this article, we will discuss six ways to invest in crypto without spending a penny.
1. Airdrop
Airdrop is the best way to invest in crypto without buying it. Crypto airdrop is one way for new projects to generate awareness about their projects. Usually, a small number of new tokens are sent to active addresses within certain communities. For example, in the recent Blur airdrop, 360 million BLUR tokens are streamed to active NFT traders on the platform.
In some cases, the airdrop is announced in advance so that users can take the necessary steps to receive tokens. In a bullish market, the value of these airdrops can grow up to thousands of dollars. As you know, airdrops are the best way to get tokens without spending a penny.
However, be careful because there are many criminals out there who try to steal your valuable crypto. They may promise an airdrop if you interact with certain protocols but the protocol is designed to hack your wallet. Be careful when exploring new projects/unudited tokens!
2. Looking for a free NFT
The NFT room also has a lot of free goods. Many projects offer free coins or provide some NFTs for free by following certain requirements. This is intended to generate buzz around the project.
This is not much different from an airdrop, it could be a great way to collect NFT. Or, users can try to get some of these NFTs with the aim of selling them to other investors in exchange for ETH or USDT. Whatever it is, free NFT can be a great way to invest in crypto without buying anything.
3. Mining
One of the most common ways to invest in crypto without buying it is to mine coins or mining. Although mining equipment specifically for Bitcoin can be very expensive, there are some altcoins that can be mined from ordinary laptops.
Mining is a process where you add blocks to the blockchain, in exchange for transaction fees. Computing power, or in this case, your laptop, will be used to process transactions on the blockchain and maintain blockchain security.
Once you know everything, let your computer device mine coins whenever you want. Keep in mind that mining has an important warning: Mining can result in an increase in energy costs, so consider electricity costs compared to mining wages to ensure that these activities are profitable.
4. Work in the Crypto Industry
One of the most logical ways - but often overlooked - to invest in cryptocurrencies is to invest in your time. Many projects are actively seeking support, either in marketing, coding, or in general management roles. If you have expertise in something useful, there's most likely a project looking for someone like you.
While the pay is not as competitive as the bullish market, the payout will definitely increase along with the greener the candlestick. Active on Crypto Twitter will certainly increase your chances of getting crypto jobs, but LinkedIn is also becoming increasingly important.
5. Freelancer for Crypto
In line with previous points, providing services is another way to invest your time. In addition to taking a real role in a project, most crypto businesses are actively looking for people to handle things quickly here and there. For example, providing copywriting services, logo design, managing crypto media, etc.
6. Staking
The last way is to use staking. Staking is the process of keeping crypto coins in the wallet to get returns. It's similar to putting money in the bank and getting interest, but in this case you keep crypto coins. The longer you keep coins, the bigger the returns.
That's how to invest in crypto without buying coins. However, remember that crypto investments have risks, and you must always do research and be careful before deciding to invest.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
