7 Ways To Make MONEY With Cryptocurrency

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7 WAYS to MAKE

MONEY with
CRYPTOCURRENCY
MEREHEAD: 7 WAYS to MAKE MONEY with CRYPTOCURRENCY

Bitcoin, cryptocurrency and blockchain - these words sound familiar to all of us (especially if you have
downloaded this eBook). Buying coffee, plane tickets, iPhone and even payment of utility bills by
cryptocurrency are regular things. But, how easy is it to make money out of crypto now? Are there any
decent profitable ideas?

Merehead analysts with MBA degree had been exploring the market for 6 years monitoring rates,
tendencies, areas of implementation. Finally they came up with a report of 7 businesses ideas, which are
not exhausted yet.

1. Day-Trade Cryptocurrency for Profit


If you love the financial markets and regularly trade online, then day-trading bitcoin and altcoins could be a
good way for you to make money. When it comes to trading, the basic investment speculation strategy
applies. You are required to buy when the currency is low and wait for the price to increase before you sell
it at a higher price to generate profit.

It is important you understand market trends and price dynamics if you want to make successful trades,
and as bitcoin is primarily headline driven, it is important to follow bitcoin news closely when actively
trading the digital currency. The thing with altcoins is far more complex. Their price depends on the Bitcoin
rate and news about the altcoin itself. Some exchanges also allow you to trade bitcoin using leverage,
which can help you, increase your trading profit substantially but also possess a much higher downside
risk. The cost of one mistake is pretty high and it is recommended to have some money to fall back on.

Pro t Medium

Complexity Medium

Risks High

Merehead - a Cryptocurrency Development Company  


MEREHEAD: 7 WAYS to MAKE MONEY with CRYPTOCURRENCY

2. Buy and Hold Cryptocurrencies


Buying and holding crypto is a good way to make money out of it. This approach is pretty easy - buy
cryptocurrencies and wait 5-10 years. The most passive approach for an entrepreneur. Be patient and
consistent, don’t think about selling your cryptocurrency when the market fluctuates. This way you can be
sure that you will get your investments back with a great bonus in addition.

Pro t Medium

Complexity Low

Risks Low

3. Become an Escrow Agent


If you have built up a name for yourself and your business as somebody that can be trusted, then you can
use this trust as a launching pad to set yourself up as an escrow agent or agency. Generally, the role of an
escrow agent is to arbitrate over disputes that may involve online purchases, freelance contracts, or other
business and trade arrangements.

In becoming an escrow agent, you get to hold transaction payment for the seller and the buyer pending
when the transaction is completed. New tokens and currencies are launched every week. Each and every
person hopes that his crypto will conquer the market. And the necessity of escrow agents becomes more
and more crucial. The crypto world is based on “mistrust” of every user to each other. But if you already
have completed some deals, or have trusted and reliable connections then you've had a good start! With
some investments those process are easily automated with smart contract and you are ready to launch a
crypto escrow platform.

Merehead - a Cryptocurrency Development Company  


MEREHEAD: 7 WAYS to MAKE MONEY with CRYPTOCURRENCY

Pro t High

Complexity Medium

Risks Medium

4. Algorithmic Trading
Like any currency, stock or other financial product, money can be made by judiciously buying and selling
cryptocurrency. You can try doing this yourself, but you need to have incredible insight into the market to
have any success. Just like those other financial products, however, some traders have created automated
systems to buy and sell bitcoins based on a mathematical algorithm.

If you understand and “feel” the market then you way is a SaaS platform, based on monthly or weekly
payment subscription. This is a passive source of income, which will help you and other traders make the
money out of rate changes.

Pro t High

Complexity Medium

Risks Medium

5. Start a Cryptocurrency Arbitrage


Cryptocurrency arbitrage is the buying of crypto on an exchange where the price is very low and selling it
at an exchange where the price is relatively higher. The prices of Bitcoin vary on various exchanges due to
the fact that the markets are not directly linked, and the trading volume on many exchanges is low enough
that the price does not adjust to the average right away. It is possible to profit from the very tiny
differences between buy-price quotations at different exchanges but it requires very good trading software
and Internet connection.

Merehead - a Cryptocurrency Development Company  


MEREHEAD: 7 WAYS to MAKE MONEY with CRYPTOCURRENCY

Currently it is possible only if you have your own trading bots with rules and arbitrage strategy. At first you
may this software only for yourself, but what’s the point to lost money if other traders will love it? They are
the biggest share of cryptocurrency community. Any software or tools that help them has a success.

Pro t High

Complexity Medium

Risks Medium

6. Start a P2P Cryptocurrency exchange


P2P exchange is where buyers and sellers conduct their business. A cryptocurrency P2P exchange is a
digital marketplace where traders can buy and sell bitcoins using different fiat currencies or altcoins.
Bitcoin exchange platforms match buyers with sellers just like a traditional stock exchange. A seller of
bitcoin deposits some bitcoins with the exchange’s address. He can then sell his bitcoin for Dollars or other
currencies or coins.

The secret of cryptocurrency exchanges are in the monetization ways. 93% of crypto exchange owners use
just a few monetization schemes. But take a look what options Merehead offers:

Merehead - a Cryptocurrency Development Company  


MEREHEAD: 7 WAYS to MAKE MONEY with CRYPTOCURRENCY

1. The very basic are orders fee that matched between taker and maker users through your platform.
2. Having your own wallet system you have flexibility. Withdraw and deposit fee (like USDT) for coins
and tokens.

3. Market makers - your own trading bots that buyout the most profitable offers from order book.

4. Market makers trade in both directions, and liquidate (sell) less profitable crypto assets.

5. New features. Cryptocurrency and token data value analytics that based on historical data and

prediction with exchange rate movement. Acquired by tons of live data it suggests what to - buy or

sell crypto?.

6. Instant exchange. P2P exchanges might seem complex for newbies. Focus on all target audiences,
even with not tech-savvy. Margin is the profit, but the best thing you have total control on exchange

rate and can sell coins for +10%.

Pro t High

Complexity Medium

Risks Low

7. Start a White Label Exchange


If you have ever thought of running your own cryptocurrency exchange website, then there are some
significant advantages when you decide to go through the white label route. The first is that high quality
exchange software capable of reliably matching and executing orders at high speeds is a complex and
expensive thing to develop yourself.

Setting up a white label exchange is a low-cost way to get into this business, but would still allow you to
select which coins and currencies you want to trade, set your own fees, and customize the user-interface to
suit your brand. For example, this crypto platform has trading bots, sophisticated user interface, user
account setting and admin management with native integration over 135 cryptocurrencies and tokens.
Here’s the link - https://merehead.com/live_demo/

Merehead - a Cryptocurrency Development Company  


MEREHEAD: 7 WAYS to MAKE MONEY with CRYPTOCURRENCY

Pro t High

Complexity Medium

Risks Low

Merehead - a Cryptocurrency Development Company  


Merehead
Cryptocurrency 
Development Company

Merehead is a leading provider of offshore IT outsourcing


solutions to businesses all over the world. Merehead provides
enterprise solutions that include software solutions, web
solutions, mobile application solutions, Internet marketing, and a
whole gamut of IT solutions and products to clients. We solve the
most demanding web challenges in a smart and elegant way.

High-loaded web apps developing are our forte. We use proven


web development strategies to design and execute a perfect
launch for apps of all kinds.

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