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Author Topic: What are ways to make money from bitcoin/alt?  (Read 858 times)
FLoving
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August 19, 2017, 11:46:27 AM
 #21

Nowadays I experienced in investing in ICOs and from that experience I got that it is a very good investment of the crypto if you invest in the first week of the ICO because at the first week they give a high discount and when at the end of the ICO when they will list the coin at exchange then we will get a huge profit if we also cashout our discount.

You also have to invest in those ICOs which will have a high demand/use of the coin in the future in their project.
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August 19, 2017, 03:25:56 PM
 #22

I think trading is one of the best methods to make money from bitcoin and altcoins. But it is not so easy, you need some knowledge about it, otherwise it is so risky. You can participate also in the Bounty campaigns and earn some tokens for free.
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August 19, 2017, 05:53:37 PM
 #23

You can earn by trading bitcoins with alt coins. Other than this you can earn by selling any products,even your ideas as far as is working for people.

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August 19, 2017, 10:38:17 PM
 #24

I think trading is one of the best methods to make money from bitcoin and altcoins. But it is not so easy, you need some knowledge about it, otherwise it is so risky. You can participate also in the Bounty campaigns and earn some tokens for free.

Most people will lose money trading. I lost quite a lot at first (both coins and dollars). Over time, I became a more consistently profitable trader, but it took a lot of patience and hard work. You need to be really patient holding altcoin bags. They are really illiquid and you can lose a lot of value instantly. It's important to learn how to patiently hold through such market action.
john2231
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August 19, 2017, 11:03:38 PM
 #25

I think trading is one of the best methods to make money from bitcoin and altcoins. But it is not so easy, you need some knowledge about it, otherwise it is so risky. You can participate also in the Bounty campaigns and earn some tokens for free.

Most people will lose money trading. I lost quite a lot at first (both coins and dollars). Over time, I became a more consistently profitable trader, but it took a lot of patience and hard work. You need to be really patient holding altcoin bags. They are really illiquid and you can lose a lot of value instantly. It's important to learn how to patiently hold through such market action.
In trading patience is really important in trading if you really don't have this you will be lose a lot.. because there  are times that other traders are panic selling once they heard some fake news or sometimes there are whales there are trying to manipulate the price..
So always choose the right altcoin before to invest because you will be lose if you are in the wrong altcoin but i think every traders should be experience of mistakes before they can learn more about trading. .
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August 19, 2017, 11:11:30 PM
 #26

I think trading is one of the best methods to make money from bitcoin and altcoins. But it is not so easy, you need some knowledge about it, otherwise it is so risky. You can participate also in the Bounty campaigns and earn some tokens for free.

Most people will lose money trading. I lost quite a lot at first (both coins and dollars). Over time, I became a more consistently profitable trader, but it took a lot of patience and hard work. You need to be really patient holding altcoin bags. They are really illiquid and you can lose a lot of value instantly. It's important to learn how to patiently hold through such market action.
It's not only in crypto. In the stock market most traders lose money too, at least that's what the statistics say. I think the best way to profit is holding. But it might be a good solution to use part of your portfolio to trade, if you really want to trade, and the other one investing and holding.
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August 20, 2017, 01:37:29 AM
 #27

gotta make sure you are in a legit site in order not to be scammed. make a list of information that can assure of a legit cite. specially in investing.

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August 20, 2017, 03:44:28 AM
 #28

I think trading is one of the best methods to make money from bitcoin and altcoins. But it is not so easy, you need some knowledge about it, otherwise it is so risky. You can participate also in the Bounty campaigns and earn some tokens for free.

Most people will lose money trading. I lost quite a lot at first (both coins and dollars). Over time, I became a more consistently profitable trader, but it took a lot of patience and hard work. You need to be really patient holding altcoin bags. They are really illiquid and you can lose a lot of value instantly. It's important to learn how to patiently hold through such market action.
It's not only in crypto. In the stock market most traders lose money too, at least that's what the statistics say. I think the best way to profit is holding. But it might be a good solution to use part of your portfolio to trade, if you really want to trade, and the other one investing and holding.

Yeah, the 80/20 rule generally applies to all forms of trading (and more broadly, to most statistical distributions). As with cryptocurrencies, the best way to profit from the stock market is holding as well (considering the ongoing long term bull market and stiff capital gains taxes).

Some people definitely have what it takes, though. As was mentioned, the most important aspect of trading is risk management. And managing risk properly means controlling your emotions and handling losses in stride. That's where most people fail IMO.
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August 20, 2017, 07:16:17 AM
 #29

I think trading is one of the best methods to make money from bitcoin and altcoins. But it is not so easy, you need some knowledge about it, otherwise it is so risky. You can participate also in the Bounty campaigns and earn some tokens for free.

Most people will lose money trading. I lost quite a lot at first (both coins and dollars). Over time, I became a more consistently profitable trader, but it took a lot of patience and hard work. You need to be really patient holding altcoin bags. They are really illiquid and you can lose a lot of value instantly. It's important to learn how to patiently hold through such market action.
In trading patience is really important in trading if you really don't have this you will be lose a lot.. because there  are times that other traders are panic selling once they heard some fake news or sometimes there are whales there are trying to manipulate the price..
So always choose the right altcoin before to invest because you will be lose if you are in the wrong altcoin but i think every traders should be experience of mistakes before they can learn more about trading. .

Altcoins are a dangerous game. To play and win the game, you need to research your investments deeply, feel out the developer teams you are supporting, and successfully speculate about future demand.

The worst thing you can do is put all your eggs in one basket. With alts, we are looking for 10x gains (or even 1000x), so it's best to spread out the risk. You don't want to pour all your money into an illiquid alt, because your funds can evaporate overnight in a selloff.

In that position, many traders will panic sell near the bottom and lose most of their investment.
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August 20, 2017, 12:11:17 PM
 #30

Trading is one of the best way of making money from bitcoin/alt there are a lots of altcoins that are very much tradable and much profitable although this requires some expertise before embarking on such a venture I knew people who solely trade cryptocurrency for a living and are absolutely doing well.

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August 20, 2017, 12:55:22 PM
 #31


For example,


Lending


Selling online


Mining



List them here I am open to all and curious what creative ways you guys make money from this.




Lending won't help you get any good money but fraud cases piling up on your head. Better choose this option only If you have security of the lending the money. Or you may just wanna do that with your friends circle for more trust.


Selling online is good option now a days. People are getting more and more into crypto currency and they are having demands for crypto related goods and services. They have money and if you make a place to spend the bitcoin/alts then you have pretty high chances of earning big money within no time. Just try to be sensible while creating a marketplace so that you don't end up with unpopular selling stuff. Digital would be good.


Mining can be done only if you have that much initial investment. Better not to go if you don't have patience and time to invest in the mining. It will take time to generate the revenue so better stay away if you have no money.


Rest you always have this forum to get some bucks and reinvest the hard earned money somewhere else.



black014
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November 08, 2017, 04:46:46 AM
Last edit: November 08, 2017, 11:41:15 AM by black014
 #32

for me aside of that Being a trader is also an effective way to earn a bitcoin currency. right? for LENDING i dont know how much giving you a profit, you can sell online also but it is very risky. cloud mining is the most popular site but most of them are scam so that i cant recommend it on you bro. stay away to that mining site many of here victimize by the scammer of that mining site.
The best way to make a big profit of bitcoin is to participate on signature campaign.
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November 08, 2017, 05:44:35 AM
 #33

For example,

Lending

Selling online

Mining


List them here I am open to all and curious what
creative ways you guys make money from this.

Signature campaigns is the safest and easiest way for making money from this forum. You just need to apply a signature campaigns, and follow their rules. You must read and understand all of their rules. Because you maybe terminated if you don't. And of course you have to make a good quality post for every post you do to be paid well.
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November 08, 2017, 06:48:33 AM
 #34

For example,

Lending

Selling online

Mining


List them here I am open to all and curious what creative ways you guys make money from this.

Holding your bitcoins, buy and invest your money into bitcoin right now before the hardfork next week come. After the hardfork finished, sell the coins and your bitcoins = profit.

Why you missed trading on that list?

Trading is good for them who is already experienced on it but it takes time for newbie to learn how to trade and how it works. If you have a huge bank, trading is good for you to make money.
Ararbermas
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November 08, 2017, 07:28:03 AM
 #35

Signature campaigns is the safest and easiest way for making money from this forum. You just need to apply a signature campaigns, and follow their rules. You must read and understand all of their rules. Because you maybe terminated if you don't. And of course you have to make a good quality post for every post you do to be paid well.
yes thats true but according on my experience searching to get more profit here in forum I've  notice that there are many ways on this forum to get profit in different ways. Such as trading, selling stuff, making escrow service and also if you have skill such as creating logo web site design and aslo social campaign like twitter, facebook. You can earn much profit also on that ways.  But must have effort and skills.  
Leah38
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November 08, 2017, 11:37:46 PM
 #36

Why you missed trading on that list? I am in crypto trading for more than a year and making good amount of money with it. I am also investing in multiple coins during crowdfunding and holding them for atleast 6 months to get maximum profit out of it.
You need a lot of capital to get going on trading.

I started trading with ₱1,500 capital only. You don't need to have big capital to start trading especially if you're a newbie. Most probably you'll loose a lot of money. Maybe start small and when you get the hang of it you can add more money into trading. The bigger capital, then more profits. I may be lucky then coz I earned 35k from that small capital. Chose the right alts to trade. But honestly trading is a little hard for me now. You can see good coins dumped every now and then lol. Im focused on ICOs and bounties now. May earn a little, but little is better than earning nothing.  Wink
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