Are Viciger friends interested in trying to invest in crypto? If so, you have to know how to play crypto first. Don't let yourself suffer losses because you don't understand!
Thanks to increasingly advanced technological developments, everything is now digital. Not only are there digital wallet applications that make transactions easier, now there are also digital forms of money. This digital currency is often referred to as crypto or cryptocurrency.
The most famous of course is Bitcoin. However, there are types cryptocurrencies others like Ethereum, Ripple, Litecoins, EOS, Tether and many others.
So, to learn more about how to play crypto, see the explanation below.
How to Play Crypto for Beginners
With the development of technology, young people's awareness of investment is also increasing. Luckily, many of the best investment apps are now available with easy-to-understand ways of working.
There are many types of investment such as deposits, gold, shares, mutual funds, property. When you learn how to invest in online mutual funds, you make sure that you know how to play. Likewise, when you start investing in bitcoin, you must first learn about bitcoin and how to play it.
The commonly recommended way to play Bitcoin is to buy low and sell high. So, if you want to know a more complete way to play crypto, especially for beginners, here are the steps you can take.
Airdrops
Airdrops are one of the most commonly used marketing strategies to introduce and grow new cryptocurrency communities. Beginners can try this Bitcoin investment method without capital to get rewards in the form of coins or crypto-tokens for free, that is, without any capital at all.
Organizers usually offer free cryptocurrency prizes to those who qualify. For example, to get free cryptocurrency, you need to download a cryptocurrency wallet app or share the airdrop project on social media.
Crypto Faucets
By playing Crypto Faucet, you can get certain cryptocurrency prizes when you complete tasks such as watching videos, taking quizzes, and so on.
Commonly listed coins are altcoins such as COMP and MATIC. You can use these assets as initial investment capital or exchange them for other assets that you think have good growth potential.
Also read: Completely Peeling $VCG Questions, VCGamers x CryptoSRoom Holds Community Talk
Cashback
Several apps, e-commerce and fintech companies now offer not only cashback in the form of cash or reward points, but also cryptographic cashback such as bitcoin.
Fintech company BlockFi previously offered 1.5-3.5 percent cashback for the first 90 days of opening a new credit card account. Rewards can be transferred to a cryptocurrency wallet and used to invest or trade funds. Other companies offering similar cashback are Gemini and Upgrade.
Also read: Guide to How to Buy Crypto for Beginners 2022
That's how to play crypto without capital for those of you who are still beginners. You need to learn a lot first, before diving into the world of investment so you don't lose.