1. Participating in initial coin offerings (ICOs) or token sales

Investing early in promising projects can yield high returns if successful. Initial coin offering is a fundraising method for cryptocurrency projects. It involves the creation and sale of digital tokens to early investors in exchange for funding. These tokens often represent future access or utility within the projects ecosystem. 

2. Investing in established cryptocurrencies 

Always look for well-known coins with strong fundamentals and long-term potential. 

3. Day trading 

This involves buying and selling cryptos within short time frame to take advantage of price fluctuations. 

4. Défi yield farming 

By providing liquidity to decentralized finance platforms, you can earn interest or rewards on your crypto holdings. 

5. Staking 

Some cryptocurrencies offer staking rewards for holding their tokens as a way to secure the network. This can generate passive income overtime. 

HOW TO MANAGE RISKS IN CRYPTOCURENCY INVESTMENT 

a. Diversification 

Spread your investments across different cryptocurrencies to reduce the impact of a single assets price movement on your portfolio. 

b. Stop-loss orders 

Set stop-loss orders to automatically sell a cryptocurrency if it's price fall below à certain level, limiting potential losses. 

c. Position sizing 

Use the 1% rule or another position sizing strategy to limit the amount of capital you risk on each investment.

d. Determine your account risks 

Decide what percentage of your total investment capital you're willing to risk on a single investment. 

e. Research and analysis 

Stay informed about market trends and conduct thorough research before making investment decisions to mitigate an expected losses. 

f. Tax implications 

Understand the tax implications of day trading cryptocurrencies in your jurisdiction by keeping details records of all transactions. 

g. Emotional displine 

It's important to remain disciplined and not let emotions drive your decisions