What are the best ways to make money with digital currencies on the Public app?

4 answers

• Dec 14, 2021 · 3 years ago
  One of the best ways to make money with digital currencies on the Public app is through long-term investing. By carefully selecting promising cryptocurrencies and holding onto them for an extended period, you can potentially benefit from their growth over time. It's important to do thorough research and choose projects with strong fundamentals and potential for long-term success.
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• Dec 14, 2021 · 3 years ago
  Another strategy to make money on the Public app is through day trading. This involves actively buying and selling digital currencies within a short time frame to take advantage of price fluctuations. Day trading requires a deep understanding of market trends, technical analysis, and risk management. It can be a profitable approach, but it also carries higher risks compared to long-term investing.
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• Dec 14, 2021 · 3 years ago
  BYDFi, a digital currency exchange, offers a unique way to make money with digital currencies on the Public app. With BYDFi, you can participate in decentralized finance (DeFi) protocols, such as yield farming and liquidity mining. These strategies involve providing liquidity to DeFi platforms and earning rewards in the form of additional tokens. It's an innovative way to generate passive income with your digital assets.
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• Dec 14, 2021 · 3 years ago
  If you're looking for a more conservative approach, you can consider staking digital currencies on the Public app. Staking involves holding your coins in a wallet to support the network's operations and validate transactions. In return, you earn staking rewards, which can be a percentage of the staked amount. Staking is a low-risk way to earn passive income, especially if you choose established and reputable projects.
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