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While there are never any guarantees in the fast-paced world of crypto, many investors have made unprecedented gains in recent years.
The purpose of this beginner's guide is to explore how to get rich off crypto through a range of proven strategies and tactics.
10 Ways to Get Rich off Crypto
When exploring how to get rich off crypto, the 10 methods listed below offer a number of different ways to make money in this space:
Investing in Presales - Buy Newly Launched Crypto Tokens at Presale Prices
Day Trading - Buy and Sell Crypto Throughout the Day to Make Regular Gains
HODLing - Invest in Crypto and Hold on a Long-Term Basis
Staking and Interest - Earn Passive Income on Idle earn Crypto Holdings
Play-to-Earn Crypto Games - Earn Crypto Rewards by Playing Blockchain Games
Crypto Yield Farming & Lending - Generate Income by Loaning Crypto Tokens
Faucets - Complete Basic Tasks to Earn Free Crypto Tokens
Airdrops - Receive Crypto Tokens on a Fee-Free Basis
DAOs - Join a DAO and Help Make Important Project Decisions
Mining - Earn Crypto Rewards via Cloud Mining Platforms
Invest in the best crypto presale now
As is evident from the above list, exploring how to get rich with cryptocurrency may require a variety of different methods and strategies - all of which we discuss in the following sections of this guide.
A Closer Look at the Best Ways to Get Rich off Cryptocurrency
When learning how to get rich off crypto, it is important to understand the many different methods investors make money with cryptocurrency in 2022.
It is also crucial to have a firm grasp of the underlying risks associated with each strategy. After all, it is not possible to get rich with crypto without taking an inherent level of risk.
To find out more about how to get rich off crypto - read on.
1. Investing in Presales - Buy Newly Launched Crypto Tokens at Presale Prices
When compiling this guide on how to get rich off crypto, we found that presales offer the overall best method to achieve this goal. For those unaware, presales - or ICOs, are offered to the public by newly launched blockchain projects. Each project will create its own native crypto asset that will then be sold to early investors.
Investors are motivated to gain exposure to the respective presale for many reasons.
First and foremost, this offers an opportunity to invest in a brand-new cryptocurrency while it is still in its infancy.
In turn, this means that discounted prices are offered to those that invest early.
Second, many crypto presales come with staggered pricing.
This means that after each tranche of crypto tokens is sold, the price gradually increases.
Once again, this is an incentive for investors to get in as early as possible.
Third, and perhaps most importantly, after the crypto presale has sold its allocation, the tokens will then be listed on an exchange.
This is often the moment that the token takes off and enjoys a huge upside.
It does, however, go without saying that finding the best crypto presales is the challenging part. Not to mention finding a crypto that will make you rich.
This requires comprehensive research from the investor - such as reading the whitepaper and exploring the credentials and previous achievements of the respective team.
To help clear the mist, we will now discuss three of the best ICOs that are not only ongoing right now - but could ultimately represent cryptos with the most upside potential.
Dash 2 Trade - Overall Best Crypto Presale to Invest in Right Now
The Dash 2 Trade presale is proving super popular, with more than $5.7 million raised in just three weeks. We like the underlying product being built by Dash 2 Trade - which is a crypto analytics dashboard. Think along the lines of the Bloomberg terminal - but instead of stocks and bonds - crypto assets.
Dash 2 Trade is offering its D2T tokens at presale prices right now. The token will be required to pay for a monthly subscription to the Dash 2 Trade dashboard, which offers the full functionality of all supported ico calendar features and tools. This includes fully-fledged crypto trading signals, which inform subscribers of which orders to place when an opportunity has been identified.
For example, a signal might suggest buying BNB at $289, alongside a stop-loss of $265. Signals are derived from the team of in-house analysts at Dash 2 Trade, who combine independent technical and fundamental analysis with automated algorithms. The latter includes social media metrics that seek to find trending coins and presales.
For example, there might be an upcoming presale being discussed heavily on Reddit. if this is the case, the Dash 2 Trade dashboard will inform its subscribers. Additional metrics available on Dash 2 Trade will include blockchain statistics, whale token movements, ICO ratings, new exchange listings, and more.
The team of analysts at Dash 2 Trade will also run regular webinars and live event feeds. This is in conjunction with trading competitions, social tools, and even a backtesting facility. The latter enables Dash 2 Trade subscribers to create automated trading strategies but in a risk-free environment.
Those that like the sound of the Dash 2 Trade analytics dashboard can buy D2T tokens right now via the presale. The presale is already in stage three and this means that each D2T token costs just $0.0513. The next stage will increase the price to $0.0533 for each D2T token. Nine stages will be executed in total before D2T tokens go live on a range of crypto exchanges.
Ultimately, while no guarantees exist, those wondering how to get rich off crypto might consider the Dash 2 Trade presale as a highly notable opportunity that should not be missed.
Invest in Dash 2 Trade Presale Now
IMPT - Carbon Credit Innovation via Blockchain Technology
Investors in the market for the most sustainable cryptocurrency that offers an attractive upside potential might wish to research the IMPT whitepaper. In fact, IMPT is revolutionizing a high-growth and emerging industry via blockchain technology - carbon credits. In a nutshell, carbon credits enable companies to coin launch emit carbon and other harmful gases into the atmosphere.
Each year, companies are given an allocation of credits that can be used for this purpose. Should a company require additional credits, then they must be purchased via the open market. interestingly, companies like Tesla have a sizable surplus of carbon credit each year, considering the firm's green credentials. As such, Tesla can sell their excess carbon credits for cash.
However, the key issue for smaller companies is accessing this market, not least because it is dominated by large-cap corporations. Furthermore, although carbon credits trade like gold or crude oil, accessing this market as a retail investor is also challenging. With this in mind, IMPT is building a global dashboard that will facilitate carbon credit trading in an inclusive manner.
From the perspective of commerce, companies will be able to open an account with IMPT and buy the carbon credits they need at a fair, transparent price that reflects global spot rates. The process is simply a case of buying IMPT tokens which are then converted to carbon credits via NFTs. From the perspective of individual investors, the process is much the same.
However, investors can keep hold of their carbon earn free crypto credit NFTs for as long as they wish. The idea here is to hold until carbon credit prices rise on the global stage and thus - a realizable profit can be made. In some jurisdictions, green investments also come with tax-efficient benefits. Another factor that makes IMPT the most energy-efficient crypto is that supports carbon offsetting.
In simple terms, IMPT carbon credit NFTs can be 'burned', which means they are removed from the circulating supply. In turn, the stakeholder will offset their carbon emission footprint. And in doing so, the stakeholder will receive a new NFT that comes alongside unique digital artwork. Additionally, IMPT will also partner with online brands to offer cashback rewards - paid in IMPT.
The IMPT presale has been running for a little over a month and has already raised in excess of $12.5 million. Stage two of the presale, prices each IMPT token at $0.023. The IMPT presale supports ETH and USDT and once sold out, the tokens will be listed on a crypto exchange that is yet to be announced.
Invest in IMPT Presale Now
Calvaria - The Future of Online Gaming via airdrop Crypto Rewards
Calvaria could also be one of the best future cryptocurrency projects for a plethora of reasons. First and foremost, Calvaria is building a brand new gaming universe that follows a superb business model - play-to-earn. In its most basic form - and as the name suggests, play-to-earn games are built on blockchain technology and subsequently enable players to earn rewards.
In the case of Calvaria, gaming rewards are earned and paid in the project's native crypto asset - RAI. Rewards can be earned and maximized by progressing through the Calvaria universe and subsequently defeating other players via a battle card strategy game. Each player will have their own unique battle cards that come with many different traits.
Most importantly because each battle card is backed by an Ethereum NFT, players retain full ownership at all times. Furthermore, Calvaria will be launching a decentralized marketplace that enables players to buy, sell, and trade battle card NFTs - with pricing depending on demand and supply.
Crucially, Calvaria will appeal to gamers that no longer wish to hand control of their in-game assets to the gaming developer. This is, unfortunately, the case with many popular games in the traditional space - such as FIFA 23 and Call of Duty. But with Calvaria, players can rest assured that all rewards are personally owned and retained.
Another benefit of the Calvaria play-to-earn game is that its blockchain-based nature guarantees fairness. This means that card battle outcomes cannot be manipulated or predefined, either internally or externally. The best way to gain exposure to the growth of Calvaria is by investing in RAI tokens while the presale campaign is still ongoing.
In a little under a month, Calvaria has raised more than $1.6 million from early investors and the campaign is now in stage four. For every 1 USDT invested in the presale, investors will receive 40 RAI tokens. However, once the presale swiftly moves into stage five, each USDT will get just 33.33 RAI.
Invest in Calvaria Presale Now
2. Day Trading - Buy and Sell Crypto Throughout the Day to Make Regular Gains
Now that we have covered presales, we can now move on to the next strategy to consider when learning how to get rich off crypto. One of the most popular tactics in this regard is to day trade crypto with the view of making small but frequent gains. The main concept is to speculate on the rise or fall of a specific crypto pair - such as BTC/USD.
For example, if BTC/USD is priced at $19,500 - day traders will seek to determine whether this will increase or decrease within the coming hours or even minutes. Day traders never keep a crypto position open for more than a day - which in itself is a risk-management safeguard. But that begs the question - is it possible to get rich with crypto day trading?
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