1.Trading:
In India is booming, and trading is unlike in investing, while investing is a long term strategy trading is ment to explore and make the most of short term opportunities.
If you want to be a good trader, . You need to have good analytical and technical. Skills to analyze market charts on the performance of the liked assets so that you can make acurrate predictions about price rise and fall.
Depending on your analytical skills. You can either take a long or short position while trading.
Regardless of whether the crypto market is bullish on bearish, you can make a profit.
- Investing:
Investing is a strategy where you buy and hold your crypto for the long term. Its a long term strategy crypto currency are extremely volatile in the short term it has potential for growth in the long term hence using a buy and hold strategy never goes wrong.
3.staking and Lending:
Staking is a way of validating crypto transaction on the network. When you stake your coins you lock the coins in a cryptocurrency wallet, and you can not spend them . Proef of steak network validates transactions using your coins.
You receive rewards in return and at the some , time you are lending coins to the network and this helps the network to maintain its security and verify transaction.the rewards is similar to the interest the bank pays to its customers for their credit balance.
You can also choose to lend coins at a Cryptocurrency Exchange: and earn interest on your investment .Zeb pay: is one of the best cryptocurrency exchange in India which facilities crypto lending where you an earn up to 10% rate of return on your investments.