Become an online trader of financial products such as stocks and crypto. Trading online is also a good way to make money online from behind your computer, but it needs some knowledge and skill. The most important rule in most cases is this: buy low and sell high! As with all our other ways to make money online for free, you can also start for free with crypto trading. You can get paid crypto by faucets or by other reward programs, but we will not go into detail about this. This is mostly for people who already have experience in trading or have an interest in trading.
Exchange
Whatever you want to trade, you trade it at an exchange. There are a lot of exchanges and depending on what you want to trade, for stocks you could use eToro and for crypto we would like to recommend Crypto.com or Binance, but you need to have crypto already or use Binance Jersey to buy crypto.
Strategy
As said before, you need to buy low and sell high in most cases. You need to decide if you are going to do long time investments or short investments. If you want to take more risk with a chance for a higher profit, or if you want to play it safe. Most traders spread their portfolios and not take risks only. Low risk investments could be investments in green/alternative energy, food production or investments in managed funds. High risk investments are mostly investments in financial products with leverage, such as margin trading. With these type of products you could quickly double up on your money, but just as fast lose all your money. Be careful with leverage trading and financial products you do not understand.
Cash out
Most people tend to forget this, but this is the most important part of making money with online trading: Cash out! Do not keep on investing more and more, aiming straight for the moon. Make sure to cash out profits on a reguraly basis and make this part of your strategy too. Of course you want to grow your assets and your portfolio, but proper risk management also requires a proper cash out schedule.
Automated trading
You can also trade automatically instead of placing buy and sell orders yourself. With Cryptohopper you can configure your strategy easily with the strategy designer and execute the trading strategy at the Binance exchange, or any of the other connected exchanges. You can also use play money instead of real money to learn trading, and they offer a free trial of 7 days. After the trial you have to pay $19 per month to keep using the software.
Learn more about automated trading
Conclusion
Online trading can easily be done from behind your computer at home, and many traders are making money by buying and selling at the right times. However online trading does require skills and knowledge, so we advise you to start with play money first, train your strategy in all market conditions and don't risk all your funds immediately!