Weekly E-mails:  Crypto Trading Strategy 5 Weeks of Onboarding Reads. Latest Airdrops (Thu 7 AM EST). Or all of it.

Dismiss   Pick Your Preference
This site uses cookies (More).


Cryptocurrency Strategy for Beginners - #CryptoTrading

Lo and behold, there is a strategy even to hodling.
Strategy  .  Published  · By cryptocoinzone  · Guest post by cryptocoinzone

It’s not only that crypto trading is not for everyone. The truth is that sometimes there is just not a good opportunity to trade: Too choppy, too aggressive stop hunts, volume too thin.

So, how can you turn a profit on your crypto when you don’t want to trade with your holdings?

Build a ‘hodl’ strategy

This is the simplest method ever. The basis of it is simply to decide whether you think a cryptocurrency is worth keeping for the long run, and hold it in your wallet.

With only a little more effort in your crypto holding strategy, you can make the actual profit taking much simpler for yourself:

  • First, look for good fundamentals like network effect, resistance to bad news, a use case showing that it’s more than a vaporware.
  • Once you find cryptocurrencies you want to keep, decide on how long you are willing to hold them. Ballpark is good enough: A decade? A year?
  • Next, split that period and make a mental note on how often you will re-evaluate your investment. You could go with seasonal cycles - 6 months, 1 year, or a halving cycle.
  • Every time your point of re-evaluation comes, you can decide to rebalance and take out your principal amount from the profits, or to just keep holding.

Lending your crypto

If you have significant amount of Bitcoins (or Ether, or any other cryptocurrency that is traded on an exchange) you can lend it to crypto traders and other people who will pay you interest.

There is a range of lending platforms where you can do this. There are places like Ethlend where you can lend a range of some 250 ERC-20 tokens. You can also go for margin and swap funding options for major coins via exchanges like Bitfinex, Bitmex, Poloniex etc.

For the lazy people who do not want to manually manage the lending stuff, a crypto lending bot can take care of it either for free or for a small fee.

The costs depend on whether you will go for an open-source code from Github that you will have to set up and configure yourself, or if you will go the easier way of a commercial product.

Running a Masternode

A masternode is simply a cryptocurrency full node with a wallet that keeps the full copy of the blockchain in real time. By that it supports the coin’s network by hosting a full copy of the ledger.

A masternode must be always up and running and is required to perform certain special tasks in various cryptocurrencies. You as the masternode owner get compensated for your masternode doing these tasks.

Keep in mind that most projects have different amount of coins to be held in the node wallet as a minimum to start running your node as a masternode.

Also, the requirement of being up and running 24/7 might be a bit discouraging.


Staking might be the easiest way to get some extra income on some of the cryptocurrencies you hold.

It is in fact less work than holding, because it requires no strategy or evaluation - as long as you are primarily collecting more of a coin.

In order to be able to start staking, your selected coins have to follow the proof-of-stake consensus mechanism (this is the only way for stakers to be rewarded and the blockchain to be secured at the same time).

If you own the proof-of-stake coins, you just keep them in a staking wallet to generate new coins. No effort included, no minimum limit on how much of the coin you have to hold to be able to stake.

You can earn some 10% extra coins in a year by just holding and staking them. It is like a regular dividend or profit on your cryptocurrencies.

Mining and other early opportunities: Bounties, Rebates, Cashback…

Mining of the most popular proof-of-work coins (like Bitcoin) is a by and large a lost case unless you are in special circumstances. These days, mining is only really profitable if you are a big player, but if you have cheap electricity and a decent gaming PC you still can make a small profit on it.

However, the entry barriers are serious, so mining is usually limited to mining farms and professionals. There are also some cloud mining services but when you look into their terms of use you will quickly notice you will not make a single penny on it.

If you have mining rigs and cooling stuff left over from when small scale Bitcoin mining still paid, you can still turn some profit with that on the altcoin markets. There are new proof-of-work cryptocurrencies still being launched where you can get in early. On AltcoinTrading.NET, you can sometimes find out about these new coins if you browse the Crypto Airdrops section.


Last added to Crypto Airdrops, Bounties & Opportunities
Name Date How to access Official URL Additional Info
Keybase Stellar Lumens Drop 11 September 2019 & Onwards The Keybase team announced a surprise airdrop worth 21 USD in XLM to all account holders who ever installed the Keybase app. To get the Lumens, you need to sign in again and claim them - you should have received a bot message with instructions. Keybase has been funded by the Stellar Developer Foundation for years and so this collab is not a one-off. You can choose to keep participating in the Lumens airdrop by using Keybase, the total dollar worth each user can get is 500 USD. New accounts can still participate as long as they have a Github or HackerNews account created before 9 September 2019. more join
FanEspo Big Competition (ERC20) All the time Fanespo is launching a new promotion contest worth $500 in FAN tokens. Details will pop up on you when you sign up on site. Overall, the eSports platform FanEspo is giving away the total of $1.6 million of tokens in contests. You need to have a FanEspo account. details make acct
BlockWage Airdrops + Bounties Recurring Platform for freelancers marketplace. Airdrops randomly announced via Discord, there's also the possibility of Masternodes. join web
Vaultoro Token Launch Promo September 2019 The crypto-gold exchange Vaultoro has been around for years, getting attention in the 2015 bear market and tagging along through the subsequent bull run. They are now launching their own exchange token which you can get for free if you don't have an account yet. Every new sign up with basic ID verification gets 200 VAULT tokens. homepage make acct

More in #: Series HODL

Trading Strategy  #trading   12 Sep '19, 12:09 UTC
Fundamental Value of Cryptoassets
Strategy  #basics   12 Sep '19, 12:09 UTC  Guest post by cryptocoinzone
Cryptocurrency Strategy for Beginners