
The world is passing through testing times as inflation is affecting almost every economy irrespective of its size. During this turbulent economic era, keeping a side hustle is a great idea to make sure you're never financially strangulated. That's where innovative cryptocurrencies like Big Eyes Coin (BIG), Dogecoin (DOGE), and Shiba Inu (SHIB) come into play.
As they always say, invest in a stock or cryptocurrency right at the start of its journey to gain the best value out of your bucks. That's why Initial Public Offerings (IPOs) and Initial Coin Offerings (ICOs) typically generate massive interest. Early birds certainly do catch the worm in the crypto world because new coins in their pre-launch are generally available at the lowest price. It presents a once-in-a-lifetime kind of opportunity to traders and investors to gain the best return on their investments.
If you're someone new to the world of stocks and cryptocurrencies, this article will help you understand how effective this learning curve could be. Let's explore the eight guaranteed ways to hit the treasure trove with meme coins like BIG, DOGE, and SHIB in 2023.
This is by far the most recommended strategy by stocks and crypto experts. Although Dogecoin and Shiba Inu are there for some time, Big Eyes Coin is in the 12th stage of its presale, which means investors still have the chance to enter the new meme coin with prospects of making BIG bucks in the months to come.
Investing in new coins during their presale phase could be an effective side hustle. This generally is the best time to enter because developers sell tokens at a discounted price to raise funds during pre-launch. This way, you enter at a lower presale price and potentially earn significant returns once the new coin gets introduced and gains traction in the market.
Staking is a great way to earn a passive income because all you have to do is to go long and keep making money in interest. Meme coins like Big Eyes Coin, Dogecoin, and Shiba Inu are some of the perfect cryptocurrencies for staking purposes.
Staking is all about holding on to your cryptocurrencies in a wallet and using them to support the network by verifying transactions. These cryptocurrencies return the favour by helping you earn interest on your staked coins, thereby ensuring a steady stream of passive income.
Who doesn't like to play games on their cell phones? Kids, teenagers, moms, dads, and even retired professionals all love delving into the virtual world for fun. Who would have thought a few years ago that playing video games can be a way of earning a passive income? There are plenty of Play-to-Earn (P2E) games that have gained popularity in the crypto world in the past few years.
These P2E games use non-fungible tokens (NFTs) and blockchain technology to create a gaming ecosystem that allows players to earn rewards for completing in-game tasks. Games like Axie Infinity have exploded in popularity in recent months as they allow regular players to earn significant amounts of cryptocurrency.
Why keep your precious money saved in bank lockers when it can help you generate more money? One way of achieving this goal is by investing your money in yield farming and lending. The best thing is that you can also use this strategy to earn extra income in the crypto world.
Both yield farming and lending are regarded as guaranteed ways to earn passive income on your cryptocurrency investments. To earn money with yield farming, you deposit your crypto coins into a liquidity pool, which allows you to earn interest on your investment. Similarly, lending your crypto coins to needy traders helps you earn interest on the loan. Both of these methods are guaranteed ways of creating a steady stream of passive income.
Volatility has always been a much-talked-about feature of stock markets as well as the crypto market. On one hand, it might keep wary traders away, but on the other, it gives active traders a great chance to take advantage of the price fluctuations.
Day trading is regarded as a risky yet profitable method to create a passive stream of income. Smart traders keep a close eye on market volatility and price fluctuation trends and use them to their benefit. They use technical analysis and other tools to predict price movements and make timely trade moves accordingly.
Talking about meme coins like Shiba Inu, Dogecoin, and Big Eyes Coin, investing and holding for a long term in these coins can be an effective way of making good bucks.
Use this strategy only if and when you have a strong belief in the long-term potential of any of the above-mentioned meme coins and the overall cryptocurrency market. These cryptocurrencies are established and promising, which means there is always room for gains over time.
As part of their periodic promotions, several cryptocurrencies offer their users free tokens to complete certain tasks. These tasks may include filling out surveys, following social media accounts, or participating in many community tasks and events.
Users generally earn free tokens by completing these tasks or participating in events. These tokens can be used for further investments in various other cryptocurrencies and holding them for potential gains.
Talking about getting rewards from cryptocurrencies, cloud mining is another way of getting your hands on those offerings. It is a method of verifying blockchain transactions remotely, which helps users earn cryptocurrency as a reward.
Users of a cryptocurrency typically rent computing power from a cloud mining provider to verify transactions on the blockchain. The provider then pays them in crypto tokens for their efforts and contributions.
Talking about rewards and ways to earn more with your cryptocurrencies, Big Eyes Coin presents such an opportunity to its users. Anyone can buy Big Eyes Vault with the pin '819' to unlock massive rewards. The bigger you spend, the bigger your reward is.
It is pertinent to mention here that every $100 of BIG tokens gives you a Saver Tin whereas $500 of BIG tokens will get you five Saver Tins! Use the pin '819' to earn free loot boxes on your purchases of over $100. Always remember, the higher you spend, the bigger rewards you win.
Investing in innovative cryptocurrencies like Big Eyes Coin, Shiba Inu, and Dogecoin can be a fun way of creating a side hustle or a second stream of income.
Whether you invest in new coins during their presale phase, stake your coins for passive income, or do day trading to take advantage of volatility, there are plenty of ways to hit the treasure trove with cryptocurrencies in 2023.
By following these eight guaranteed ways to hit the treasure trove, you can potentially get significant returns on your crypto investments. However, don't forget to stay updated with the latest news and trends in the cryptocurrency market to make informed investment decisions.
Moreover, it is always a great strategy to keep your crypto tokens safe in secure wallets and follow the best practices for cybersecurity. Taking these precautions goes a long way in safeguarding your precious investment from the clutches of hackers and scammers.
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Website: https://bigeyes.space/
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.