There are several ways to make money trading cryptocurrency, including:
1. Buying and holding: This involves purchasing a cryptocurrency at a low price and then selling it at a higher price. This strategy works well in a bull market, where the overall trend of the market is upward.
2. Day trading: This involves buying and selling a cryptocurrency multiple times within a single day in order to make a profit from the fluctuations in the price.
3. Swing trading: This is similar to day trading, but positions are held for a longer period of time, typically a few days to a few weeks.
4. Arbitrage trading: This involves taking advantage of price differences between different exchanges or markets.
It's important to note that trading cryptocurrency carries a high level of risk, and it is important to thoroughly research and understand the market before making any trades. Additionally, it's also important to have a well-established risk management strategy in place to minimize potential losses.