What are the best strategies for lazy apes to invest in cryptocurrencies?

12 answers

• Nov 25, 2021 · 3 years ago
  Well, as a lazy ape, you're in luck! There are a few strategies you can consider to invest in cryptocurrencies without too much effort. One option is to invest in a cryptocurrency index fund, which allows you to diversify your investments across multiple cryptocurrencies without having to actively manage them. Another strategy is to use a crypto robo-advisor, which uses algorithms to automatically invest and rebalance your portfolio based on your risk tolerance and investment goals. These options can help you achieve a hands-off approach to investing in cryptocurrencies.
  577289
• Nov 25, 2021 · 3 years ago
  Lazy apes, listen up! If you're looking for an easy way to invest in cryptocurrencies, consider dollar-cost averaging. This strategy involves investing a fixed amount of money at regular intervals, regardless of the cryptocurrency's price. By doing so, you can take advantage of market fluctuations and potentially buy more coins when prices are low. It's a simple and effective way to invest without having to constantly monitor the market.
  441147
• Nov 25, 2021 · 3 years ago
  Lazy apes, I've got a great strategy for you! Have you heard of BYDFi? It's a decentralized finance platform that allows you to earn passive income by providing liquidity to their liquidity pools. You can simply deposit your cryptocurrencies and let the platform do the rest. BYDFi takes care of the trading and you earn a share of the fees generated. It's a hands-off way to invest in cryptocurrencies and earn some extra income.
  430108
• Nov 25, 2021 · 3 years ago
  Lazy apes, here's a strategy that requires minimal effort. Consider staking your cryptocurrencies. Staking involves holding your coins in a wallet that supports staking and participating in the network's consensus mechanism. By doing so, you can earn rewards in the form of additional coins. It's a simple way to earn passive income without the need for active trading or monitoring.
  38377
• Nov 25, 2021 · 3 years ago
  Hey lazy apes, here's a strategy for you: invest in stablecoins. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. They offer stability and lower volatility compared to other cryptocurrencies. By investing in stablecoins, you can enjoy the benefits of cryptocurrencies without the wild price swings. It's a lazy way to invest and sleep well at night.
  39166
• Nov 25, 2021 · 3 years ago
  Lazy apes, let me tell you about a strategy that requires minimal effort and can potentially offer high returns. Consider investing in low-cap cryptocurrencies. These are cryptocurrencies with a relatively small market capitalization. While they may be riskier than larger cryptocurrencies, they also have the potential for higher growth. By doing some research and identifying promising low-cap projects, you can potentially make significant gains without too much effort.
  47368
• Nov 25, 2021 · 3 years ago
  Lazy apes, here's a strategy that's perfect for you: invest in a cryptocurrency savings account. Some platforms offer interest-bearing accounts where you can deposit your cryptocurrencies and earn interest over time. It's a simple and passive way to grow your crypto holdings without the need for active trading or monitoring the market.
  33743
• Nov 25, 2021 · 3 years ago
  Lazy apes, I've got a strategy that requires minimal effort and can potentially offer high returns. Consider investing in cryptocurrency mining. While it may require some initial setup and investment, once you have your mining rig up and running, it can generate passive income for you. Just make sure to do your research and choose the right cryptocurrencies to mine.
  36841
• Nov 25, 2021 · 3 years ago
  Lazy apes, here's a strategy that requires minimal effort: invest in a cryptocurrency copy trading platform. These platforms allow you to automatically copy the trades of successful traders. By doing so, you can benefit from their expertise and potentially earn profits without having to actively trade yourself. It's a lazy way to invest in cryptocurrencies and potentially make some gains.
  39140
• Nov 25, 2021 · 3 years ago
  Lazy apes, here's a strategy for you: invest in a cryptocurrency index fund. These funds allow you to invest in a diversified portfolio of cryptocurrencies without having to actively manage them. It's a simple and hassle-free way to gain exposure to the cryptocurrency market.
  27626
• Nov 25, 2021 · 3 years ago
  Lazy apes, I've got a strategy that requires minimal effort and can potentially offer high returns. Consider investing in initial coin offerings (ICOs). ICOs are a way for cryptocurrency projects to raise funds by selling their tokens to investors. By carefully researching and selecting promising ICOs, you can potentially invest in the next big thing in the cryptocurrency world.
  38132
• Nov 25, 2021 · 3 years ago
  Lazy apes, here's a strategy that requires minimal effort: invest in a cryptocurrency lending platform. These platforms allow you to lend your cryptocurrencies to borrowers and earn interest on your loans. It's a simple and passive way to earn some extra income from your crypto holdings.
  28823