Earn when crypto goes down

Earn when crypto goes down

There's no doubt that crypto prices fluctuate a lot. One day it seems like they're skyrocketing and the next they're plummeting. While this volatility can be frustrating, there are actually some ways to take advantage of it and earn money when crypto prices drop.

One option is to simply buy more crypto when prices are low. This approach is called dollar-cost averaging, and it essentially means that you're buying crypto at a discount. Of course, this only works if you're confident that crypto prices will eventually rebound - but if you believe in the long-term potential of crypto, buying during a dip can be a smart investment strategy.

Trade crypto with Multi HODL

Install YouHodler app and use promo code TRADE101 to get free bonus
Ad  ╳

Another way to make money when crypto prices drop is to short sell. This involves selling crypto that you don't actually own, in the hope of buying it back at a lower price later and pocketing the difference. Short selling is a risky move, but if done correctly it can be very profitable.

Finally, you can also earn crypto by providing liquidity on a decentralized exchange. When prices are volatile, there's often a lot of activity on these exchanges as traders buy and sell in an attempt to make a profit. If you provide liquidity by placing limit orders, you can earn fees from all the trading activity that takes place.

So there you have it - three ways to earn money even when crypto prices are down. So next time the market takes a dip, don't despair - there may be an opportunity for you to profit!

How to Trade Crypto

A short guide to earning your first crypto with trade