How to make money on cryptocurrency in 2024-2025

The history of the cryptocurrency market confirms its cyclical nature: periods of active growth (bull runs) are followed by declines (bearish trends).

An analysis of past cycles shows impressive results: during the 2017 bull run, Bitcoin’s price increased by 2,000%, and in 2020–2021, it rose by more than 500%. Analysts predict that cryptocurrencies will experience significant growth again, which may last until 2025.

For those ready to ride this wave of growth, it’s important not only to choose the right strategies but also to understand the key factors influencing the market. In this article, I will review the most relevant ways to earn with cryptocurrency, which could bring you significant income during this promising period, and I will also share my personal experience of “playing in this market.”

Long-term investments (HODLing) in cryptocurrency

This is especially beneficial compared to traditional ways of preserving capital, such as bank deposits or, even worse, keeping money at home. Investments in top cryptocurrencies generally show higher returns than bank deposits, where interest rates often don’t even cover inflation.

This will help you track your investment portfolio and make more informed decisions. You can also use specialized services like DropsTab, which will automatically help you monitor the dynamics of your crypto assets and their current value.

Not only top cryptocurrencies deserve attention. Investors often consider second and third-tier assets to diversify their portfolios and increase their growth potential.

Investments in altcoins

These projects offer unique technological solutions, such as high scalability and low fees, which make them attractive for long-term investments.

Advantages of investing in second-tier cryptocurrencies:

Potential for massive returns. Second-tier projects can achieve exponential growth if they find their niche.
Risk diversification. Investing in different second-tier projects can reduce dependency on price fluctuations of top assets.

Disadvantages:

High volatility. Second-tier assets can experience sharp price swings, especially during periods of decreased market demand.
Risk of devaluation. Many second-tier projects may turn out to be ineffective or fail to attract enough attention, leading to significant losses.

Third-tier tokens

These could be tokens of projects that have just entered the market or those that haven’t yet gained a significant audience.

Advantages of investing in third-tier tokens:

Huge growth potential. If the project succeeds, its price can rise tens or even hundreds of times.
Opportunity for early participation in promising projects. Many investors seek to invest in third-tier tokens at early stages and lock in profits as they grow.

Disadvantages:

Huge risks. There is a high probability that these tokens will devalue, especially if the project does not succeed.
Low liquidity. Third-tier tokens are often not traded on major exchanges, making them harder to sell.

Investments in meme coins: a high-risk strategy

Examples of meme coins include well-known projects such as Dogecoin (DOGE) and Shiba Inu (SHIB).

Advantages of investing in meme coins:

Viral growth. Support from large social communities can lead to sharp price increases.
Chance for quick profit. Due to the hype, meme coins can experience exponential growth in short periods.

Disadvantages:

Unpredictability. Meme coins are extremely volatile, with prices falling as quickly as they rise.
Lack of fundamental value. Most meme coins lack technical value and depend solely on speculation.

Meme coins should be considered high-risk assets that can provide short-term gains. However, it is not advisable to invest large sums in them, as their long-term stability is highly questionable.

Cryptocurrency trading: active earnings

Traders work with popular cryptocurrency exchanges such as Binance, Coinbase, and Kucoin, and also use decentralized platforms (DEX) like Uniswap and PancakeSwap. The choice between centralized (CEX) and decentralized exchanges depends on the trader’s preferences for liquidity, interface convenience, and asset control.

Main cryptocurrency trading strategies

• Day trading — buying and selling cryptocurrencies within one day. Day traders aim to profit from short-term price movements by carefully analyzing charts and market trends.
• Swing trading — a strategy designed for longer periods, from several days to weeks. The goal is to capture price movements in both directions using short-term trends.
• Scalping — high-frequency trading aimed at making minimal profits over short time intervals (seconds or minutes). Traders often use large transaction volumes and analyze charts on lower time frames.

On platforms like Binance or Bybit, traders can use leverage, allowing them to trade with amounts greater than their capital.

How to register and create an account on Bybit

To register on Bybit, you can use:

• Email address
• Mobile phone number

Registration is available through both the official website and the mobile app.

Instructions for creating an account through the website

1. Go to the Bybit website and click the “Sign Up” button in the top right corner. By signing up through this link, you can get a bonus of up to 30,000 USDT.



2. Choose a registration method — via email or mobile phone, and fill in the corresponding details. The referral code field is optional.



3. Read and accept Bybit’s Terms of Use and Privacy Policy, then click “Create Account.”
4. The system will prompt you to review the list of restricted countries. If your country is not on this list, select “No” to proceed.
5. Complete the reCAPTCHA and enter the verification code that will be sent to your email or phone, depending on the selected registration method. If you don’t receive the code, check your spam folder.

Registration via the mobile app

1. Download the Bybit app from the Apple App Store or Google Play and open it. Go to the “Assets” section at the bottom right corner of the screen.



2. Click the “Sign Up” button in the upper right corner.
3. Choose a registration method — via email or mobile phone, fill in the details, and click “Register.”
   IMPORTANT! To get a bonus of up to 30,000 USDT, enter this code D6EWO9M.
4. Review the terms and accept them. If your country is not restricted, click “No” to continue.
5. As with the web version, complete the reCAPTCHA and enter the verification code sent to your email or phone.

Advantages and disadvantages of cryptocurrency trading

Advantages of trading

• High profit potential. With the right strategy and analysis, it is possible to make significant profits from market fluctuations, both in the short and long term.
• Ability to profit from both growth and price declines. By using tools such as short positions and futures, traders can make a profit even when cryptocurrency prices fall.
• Flexibility. Traders can work at any time, as the crypto market is open 24/7.

Disadvantages of cryptocurrency trading:

• High volatility. Sharp price fluctuations can bring great profits but also lead to significant losses.
• Need for constant monitoring. Traders must carefully track market movements, as even a small price change can affect the outcome of a trade.
• Psychological factors. Emotions like fear and greed can cloud judgment and lead to rash decisions.

Staking: passive income from Proof-of-Stake cryptocurrencies

Unlike mining, which requires expenses on equipment and electricity, staking allows you to earn simply by holding a certain amount of tokens in a wallet or on a platform. The more assets you lock, the higher your income will be. This process supports the network’s decentralization and makes it resistant to attacks.

Staking is available only for cryptocurrencies that run on PoS or its variations, such as Delegated Proof-of-Stake (DPoS) and Liquid Proof-of-Stake (LPoS). Instead of costly mining, validators confirm transactions and receive rewards proportional to the number of tokens they lock. Examples of platforms for staking include Binance, Lido, and Kraken.

To participate in staking, you need to:

1. Choose a platform or wallet (for example, Lido for Ethereum 2.0 staking).
2. Select the cryptocurrency for staking (e.g., Ethereum, Solana, Polkadot).
3. Lock the assets on the platform for the specified period.
4. Receive rewards, usually in the same cryptocurrency.

Advantages and disadvantages of staking

Advantages of staking:

• Passive income. Investors receive regular rewards in the form of new tokens without active involvement.
• Network support. Stakers help maintain the network’s decentralization and security by participating in transaction validation.
• Cost-effectiveness. Unlike mining, staking does not require electricity or expensive equipment.
• Simplicity. Staking can be started on most major platforms and wallets without requiring deep technical knowledge.

Disadvantages of staking:

• Asset lock-up. Tokens can be locked for months or even years, depending on the network and platform conditions.
• Slashing risks. If a validator makes a mistake or violates network rules, their tokens may be partially or fully taken away. This is called “slashing” and is one of the key risks of staking.
• Volatility. Even if you receive staking rewards, the cryptocurrency’s price may drop, reducing the value of your portfolio.

Types of staking

• Solo staking. You run your own node (validator) and independently participate in transaction validation. This requires significant technical knowledge and investment in infrastructure.
• Delegated staking (Delegated Proof-of-Stake, DPoS). You delegate your tokens to another validator who validates transactions on your behalf. In return, they take a small commission, and you receive a portion of the rewards.
• Staking on centralized exchanges. Exchanges like Binance and Kraken offer staking directly on their platforms, simplifying the process for users. However, tokens are under the exchange’s control in this case.

In addition, it is recommended to diversify assets and distribute them across multiple cryptocurrencies and platforms to reduce risks and maximize returns.

Airdrops, Play-to-Earn (Tap-to-Earn) games: how to earn with crypto without investments

In the world of cryptocurrencies, there are ways to earn without significant initial investments, and among them, airdrops, tap-to-earn, and Play-to-Earn games stand out. In 2024, these methods have become even more popular thanks to active user participation and support from various projects.

The game gained popularity due to its low entry barrier and rapid token price growth. Hamster Kombat tokens can be exchanged for fiat money or other crypto assets.

Advantages of airdrops and tap-to-earn:

• Free tokens. Participants receive cryptocurrency without any investment, making this method accessible to everyone.
• Simple and quick way to earn. Completing tasks requires minimal effort, and the results are seen immediately.

Disadvantages:

• Scam projects. Some airdrops may be part of scam schemes, so it’s essential to choose only verified platforms.
• Low token liquidity. Some tokens obtained through airdrops and tap-to-earn may not have high market value or be difficult to trade.

Cryptocurrency mining. Cloud mining

To reduce costs and risks, many miners join mining pools. This allows them to distribute computational power among participants, lowering the entry barrier and making the process more stable.

However, cloud mining also comes with risks: services typically offer fixed contracts, which may become unprofitable if cryptocurrency prices drop.
Example: In 2024, many investors are choosing cloud platforms like Genesis Mining or HashFlare to rent mining power without managing physical equipment. However, cloud mining’s profitability is often lower than expected due to fees and declining rewards as network difficulty increases.
Advantages of mining:

• Stable income from transaction validation: With the right setup, you can receive regular rewards for mined blocks, especially in large pools.
• Availability through cloud services: Cloud platforms lower the entry barrier, allowing participation in mining without purchasing expensive equipment.

Why mining is losing relevance:

1. Rising costs
   Mining has become a highly expensive process due to two main factors:
   • Electricity: A large portion of profits goes to pay high electricity bills. For example, Bitcoin mining uses the Proof-of-Work (PoW) algorithm, which requires significant computational power. In countries with high electricity rates, mining becomes almost unprofitable.
   • Equipment: Mining on regular computers is no longer possible due to the increasing complexity of networks. Modern miners use specialized devices — ASICs (Application-Specific Integrated Circuits), which cost thousands of dollars and need regular replacement as they quickly become obsolete. Even GPU (graphics processor) mining, which was available to private individuals just a few years ago, now requires substantial investment.
2. Limited availability
   Mining cryptocurrencies is restricted in some countries. In China, for example, mining has been banned, and several other countries (such as Iran and Kazakhstan) have imposed strict limits on the use of electricity for mining farms. This creates additional barriers for potential investors.
3. Price drop risks
   Cryptocurrencies are highly volatile. Even if you have high-performance equipment and cheap electricity, a sudden price drop in the mined asset can lead to significant losses. For example, Bitcoin’s sharp price decline in 2018 left many miners with huge debts for equipment and electricity.

If you still decide to mine, choose verified cloud platforms or join mining pools to minimize risks. Before investing, be sure to evaluate current market conditions and potential profits based on network difficulty and cryptocurrency prices.

Earning on cryptocurrency presales

However, this earning method is mainly available to experienced market participants with significant knowledge, capital, and access to exclusive information.

This method of earning on cryptocurrencies is recommended for those with substantial capital, skills in analyzing new projects, and access to professional information. Beginner investors should avoid such investments due to high risks and the complexity of evaluating new projects. It’s crucial to carefully study the whitepaper, check the team’s reputation, and assess the tokenomics before making an investment decision.

1. High entry barrier
   Presales are often associated with private funding rounds available only to large investors or those who can invest significant amounts. Such market participants can enter projects at the earliest stages when token prices are minimal. Often, to participate in a presale, it is necessary to undergo a KYC (know your customer) procedure, which adds another barrier for small investors.
2. Access to exclusive information
   Large investors and market professionals have access to insider information, helping them better assess a project’s prospects. This may include early reports, a detailed analysis of the team supporting the project, or existing partnership agreements. This information allows for more accurate forecasting of the token’s potential and minimizes risks.

Advantages of presales:

• High potential profitability at early stages. Participating in presales gives you the opportunity to purchase tokens at the lowest price, which can lead to significant profits during exchange listings.
• Supporting promising projects.
  Participating in a presale also provides an opportunity to invest in projects that could revolutionize or complement the blockchain ecosystem, whether in DeFi, NFT, or other emerging technologies.

Disadvantages of presales:

• High risks. Not every project succeeds, and a significant portion of new tokens may devalue after listing or never reach the market. In such cases, investors may lose all their invested funds.
• Complex analysis. Evaluating the prospects of presale tokens requires deep analytical knowledge. You need to study the whitepaper, the development team, the project’s economic model, and the existence of real partners. Without access to quality analytics, there is a high probability of making the wrong decision.

Conclusion and recommendations

From passive income through staking and participating in Play-to-Earn games to more active and risky strategies such as trading or participating in presales of new projects. The choice of strategy will depend on several factors: your level of knowledge, risk tolerance, and the time you are willing to dedicate to managing your assets.

1. For beginners: long-term investments and staking
   If you’re just starting your journey in cryptocurrencies, it’s best to begin with long-term investments (HODLing) and staking. These are more conservative strategies that require minimal participation in daily trading and allow you to profit from the growth of top cryptocurrencies like Bitcoin and Ethereum. Long-term investments are suitable for those who don’t want to monitor the market daily and prefer to invest funds for an extended period and watch assets grow.
   Recommendations:
   Choose large and reputable cryptocurrencies with high market capitalization.
   For passive income, consider staking on platforms like Lido or Binance, where you can earn 4-6% per year on Ethereum or other PoS cryptocurrencies.
2. For experienced participants: trading and presales
   More experienced investors and those willing to dedicate more time to the market can benefit from trading and participating in presales of new cryptocurrency projects. These strategies require deep knowledge and good risk management but can generate significant profits.
   Trading allows you to profit from both market growth and decline, while presales give you the opportunity to purchase tokens at early stages and earn substantial profits during exchange listings. However, these strategies carry a high level of risk, as the cryptocurrency market is very volatile, and new projects may not meet expectations.
   Recommendations:
   Use platforms like Binance, Kucoin, or Coinbase for active trading, and study technical analysis to minimize risks.
   When participating in presales, conduct a thorough analysis of the projects: study the whitepaper, verify the team and their previous achievements, and assess the project’s tokenomics potential.
3. Diversification is key to reducing risks
   One of the most important recommendations for all types of investors is diversification. Don’t invest all your funds in one cryptocurrency or strategy. The cryptocurrency market remains highly volatile, and even the most reliable assets can experience sudden price drops. Therefore, it is wise to spread your investments across different assets and strategies, including top cryptocurrencies, second- and third-tier altcoins, and new projects.
   Recommendations:
   Distribute your investments among several cryptocurrencies to reduce dependence on a single asset.
   Consider adding more stable assets, such as stablecoins, to ensure liquidity and hedge risks.
4. Asset security is a top priority
   The cryptocurrency market, despite its opportunities, is also vulnerable to fraud and cyberattacks. Choosing reliable platforms and ensuring the security of your assets are crucial aspects of a successful investment strategy. Use two-factor authentication and hardware wallets to store large sums.
   Recommendations:
   Store a significant portion of your assets in hardware wallets (such as Ledger or Trezor) for maximum security.
   Use reputable exchanges with a good reputation, such as Binance, Kraken, and Coinbase, and enable two-factor authentication to protect your account.



5. Continuous learning and market analysis
   The cryptocurrency market is changing very quickly, and to stay informed about the latest trends and innovations, you need to constantly learn and keep up with the news. Develop your skills in technical and fundamental analysis, read reports on new projects, and study the economics of each cryptocurrency you plan to invest in.
   Recommendations:
   Subscribe to professional crypto-analytical platforms and news channels such as CoinMarketCap, BeInCrypto, and CryptoNews to receive up-to-date market information.
   Don’t be afraid to learn from your mistakes and revise your strategy if the market demands it.