If making money trading was easy we would all be rich. Having used the Coinbase app now for the last 3 years I have managed to do better with it each year. As a matter of fact in the last 12 months I’ve profited somewhere between 5-7k with little effort. It has been with both my experience trading, and learning the in’s / outs of this app. As we go over some of the different ways to make money with it you can check out our video review directly below.
As of right now Coinbase is currently the number one exchange and wallet for trading Bitcoin. It is used by over 20 million people worldwide, and responsible for over 150 billion traded. They also insure each one of there members up to 250k.
So once your account is setup how do you make money on Coinbase app? Well you will first need to have some starting money to play with. My recommendation would be to wait until you have at least $1000-$2000 saved up for trading.
There are basically 3 ways to trade which are day trade, swing trade, and long term invest. My personal favorite method is to swing trading. Basically this means I hold a coin for a week to a few months and wait for the price to go up. I then sell it and profit.
Everyone will have there own trading style but the important thing is to just get started. Cryptocurrency trading on Coinbase is one of the best ways to start building your wealth. You can also start to increase your monthly income if you get good enough at trading. Coinbase allows you to trade upwards of 10 different coins currently if you live in the US. You can pull up price graphs, histories, and volumes for each coin.
So if you want to make money with Coinbase app getting started here would be the first step. You will than need to pickup a trading style that fits your personality. For me its swing trading, but for you it might be completely different. If you want to see some additional resources on Coinbase click here.