For those not interested in buying and holding Bitcoin long-term, another option is to day trade it. Similar to day trading stocks, this involves trading on short-term price fluctuations in an effort to profit.
If you currently own Bitcoin, you can earn interest by lending it. While that may sound complicated, crypto lending works similarly to how traditional banks work: when you make a cash deposit, the bank pays you interest on that deposit.
In order to keep everyone in sync and maintain the blockchain, Bitcoin miners run software that validates and relays transactions, which confirms they’ve happened. For their work, miners are rewarded in Bitcoin.