3 ways of making Money from cryptocurrency

[sampalokmix]

For me, the three ways of making money from cryptocurrency are being a miner, trader and joining some bounty campaigns. We must have also patience in order to earn money.

I agree with this since we cant expect so much in investing, specially if you cannot lose your money, we should be aware that investing here is such a win-win situation and it was always visible to be unsured thing here. For me being involved or jining Bounty Campaigns really pays hard work but the speculations to earn is much prettier than investing, mining is a bit further for newbie to achieve since it requires so much thing.

[Denton]

Now there are much more ways to earn on cryptocurrency. This bounty, companies and investments to ICO, and various crypto game. Still, the technology is developing, and with it there are more and more new ways to earn. Soon the work on the quality will be started, because there are a lot of people who want to get crypto currency and someone who has certain skills will be able to get it.

[Marbelli]

This is a very good application that really helps us in terms of understanding cryptocurrency.

[Matthewmorris4]

1. MINING: This is a way of getting these coins and then sell it. it does not come that cheap though. Mining is simply solving complex mathematical problems with the help of your computing power and get rewarded with these coins for solving the problem. In the past it was very easy to mine bitcoin with your laptop. Its a different ball game now because the difficulty rate of solving those maths problem is very high now and requires high end machines to do that is if you want to go solo.
you can join mining pools to get this coins if you cant go solo. if you want to make use of your laptop to mine some alternative coins you can make use of minergate. i use it personally. i will post the link later or you can just google it and download it.

mining by using a laptop is something that is in vain, this is because at this time the VGA laptop can be said to be a very small ability compared to the diff from mining which is always increasing and the price of bitcoin continues to fall, and mining using ASIC requires substantial costs

[leexhin]

For me my three ways to earn crypto-currencies are,
1st participating bounty.
2nd joining airdrops.
And 3rd is using some paying apps .

[jona]

When you make cryptocurrency your every day business it gives you and edge to transit your business with bitcoin,render services and demand payment in Bitcoin,these are business strategies i which you can make money with Bitcoin.

[necromastery]

3. BE A CRYPTO TRADER:This is the best and easiest way of making more bitcoin and money. This is similar to FOREX but different in that crypto trading has high volatility and that is where the money is VOLATILITY. I am involved in crypto trading full time. Ever since i started about 5 months ago i have no regrets.

I agree with number 3, being a trader can produce good points in cryptocurrency, this can really change my economy so far,

Me too, that's the best way out of the other two ways that I see, although this is not as easy as imagined. By becoming a crypto trader, making money becomes a little elegant, doesn't look troublesome like everyday work in real life.

[Janation]

For me my three ways to earn crypto-currencies are,
1st participating bounty.
2nd joining airdrops.
And 3rd is using some paying apps .

There are a lot of other ways to earn money out of cryptocurrencies and I don't think you should only rely on this forum.

I understand that a lot of people earned their shared cryptocurrencies in this forum,I also started in this forum but if you will be learning more, there are a lot of things you can do to earn more. You can mine cryptocurrencies, though it is expensive to buy a rig now. You can invest directly buy buying it and then just holding it until it has a considerable price to generate profit. You can invest these cryptocurrencies on new projects, as long as they are accepting cryptocurrencies that is fine except it is a scam. You can also invest on sites like gambling sites and other services.

[bolbau]

This is a topic that I really don't like, especially point number two to become a speculator. there is nothing wrong when your motivation is to join the crypto market to make a profit, but being a short-term speculator is a mistake and can be a burden on the crypto market. if what you are looking for is only a temporary profit, the crypto market will not last long. we should as a community contribute to providing more value to the crypto market. let's just say everything is a reciprocal form, when crypto has provided many benefits to our lives, it is fitting that we do the same to crypto.

[Jose Rizal]

You can earn pretty much on investing into Bitcoin using two “perfect” ways. First, you can try investing into equipment that produces cryptocurrencies (mining). Secondly, you will get your profit simply…waiting —the exchange rate of cryptocurrency is constantly growing. Bitcoin shows very active dynamics.

Well for me, if you are not knowledgeable enough to enter mining and investments better to be informed how to join and performed tasks in Signature campaigns which is very applicable for everyone who are exposed to social media, since projects were given a chance to be endorsed using one's opinion and perspecrive regarding topics involved here in Bitcoin community as well as for the economic side.

[Thyristor]

I downloaded this apps by your recommendation but nothing is special here and i think this is not effective apps like only 500+ total download & 12 fake reviews. Cryptcurrency trading is really easiest way to make money? a lot of Bitcoin trusted faucet you can earn money just spending little bit time in a daily.

[rdbase]

Seems like coinbase will be starting a way for people to learn about cryptocurrency and get paid to do it using their app.
I heard about it a few days ago but havent tried it so can not say if it is any good or not.
But it is a more current way to earn then what the post has to say on how to earn it cause mining is way out of date to make any thing from doing it than just paying the electric company from all your profits.

[biskitop]

The 3 ways you clearly need a lot of start-up capital for a beginner. and for beginners, a good step is to start with bounty campaign.

[gesdan]

there are many ways to earn bitcoin and cryptocurrency on the internet, bounty, faucet, campaign, trading, and investing. its only small part of earning bitcoin and cryptocurrency on the internet, if you want to know more i think you can try to do some research about it by yourself

[dupee419]

Or you can start making investments, that is another way on making money from cryptocurrency, by joining in various projects coming from different ICOs, every crypto has one, but what the OP has said is actually the main ways on earning and making money around here, hope it helps out beginners around the forum and who are finding ways to earn some.


Have checked the app on the play store and I think it needs some developing and much more cleaner interface if you'd ask me.

[izanagi narukami]

Personally I'm fit as speculator because I'm suck on day trade (I'm ever tried it )
Over 4 years I can earn more than $ 10.000 profit from crypto that proven that it's really work if you believe on your investment although it's has the risk.

~No Pain No Gain ! so take it or leave it !

[pinoyden]

You can earn pretty much on investing into Bitcoin using two “perfect” ways. First, you can try investing into equipment that produces cryptocurrencies (mining). Secondly, you will get your profit simply…waiting —the exchange rate of cryptocurrency is constantly growing. Bitcoin shows very active dynamics.

Well for me, if you are not knowledgeable enough to enter mining and investments better to be informed how to join and performed tasks in Signature campaigns which is very applicable for everyone who are exposed to social media, since projects were given a chance to be endorsed using one's opinion and perspecrive regarding topics involved here in Bitcoin community as well as for the economic side.

the signature campaign that you are talking about is not conected to social media because we are only posting on this forum if we are working on a signature campaign .  

social media campaign is the one that you are required to use your social media accounts to make a retweet or share their contents . though i agree that sig campaigns are the best alternative to mining and investing because they are free and wont require a capital or a proper knowledge to start with  .

[Loubap]

hodl is better

[panganib999]

Joining airdrops,participating in bounty programs and investing and holding pending when it will be better time for you to sell

Indeed, bounty hunting theses days is difficult since most of the ICO's are not paying. Airdrops is really low profitable more of like getting coins on the internet, i do not recommend this one.

[Ladyga]

1. Purchase of cryptocurrency on the stock exchange
Meaning: open your account on the stock exchange, transfer money to it, buy or sell cryptocurrency.
Pros:
You define the entry price yourself.
A variety of cryptocurrency.
Buying cheaper and selling more expensive, you can double the capital for a day on some operations.
Good growth in the popular cryptocurrency in the future (bitcoin, broadcast).
Minuses:
There are different cryptocurrencies on different exchanges, but there is bitcoin for everyone.
Very sophisticated account replenishment and withdrawal schemes.
Due to the large chains of withdrawal and replenishment, you lose money on commission.
This is an exchange - you can lose a lot if you buy currency at its peak.
The method is not suitable for those who are not ready to devote a lot of time to this.
Bottom line: quite an interesting way for assiduous people who are ready to follow currency quotes 24/7, fluctuations in their course and instantly respond. To earn well, you have to invest a lot. 2. Purchase and storage of cryptocurrency in an electronic wallet
Meaning: you start an electronic wallet or register in one of the payment systems that allow you to store cryptocurrency. You buy a cryptocurrency, forget about it for a long time, and it may increase in price.
Pros:
Low entry price.
Analogue of a bank deposit with a higher yield.
Ability to store multiple cryptocurrency.
Minuses:
Wallet can hack.
At least a year you can not touch the currency, no matter how jumping the course.
Bottom line: an option for those who do not want every day to monitor currency quotes. It is necessary to have an electronic wallet: online - for operations, offline - for storage (it is almost impossible to hack it). 3 Cloud mining

Meaning: you buy power from other miners, while you yourself do not have the equipment. Accessible mining for everyone.

Pros:

Low entry price.
Return on investment for 4–6 months on some cryptocurrencies.
No need to be technically savvy.
A variety of tariff plans for mining different cryptocurrencies.
You can mine several cryptocurrencies simultaneously.
Minuses:
Additional costs for electricity (in some tariff plans).
Cryptocurrency withdrawal fees.
Output only in cryptocurrency.
The money invested is frozen for a year.
The probability of failure of the data center.
The risk of hacking hackers. Bottom line: suitable for those who want to participate in the race for cryptocurrency and trump the newfangled profession "miner". Cloud mining allows you to mine different types of currency at the expense of other miners, without having to have a lot of money to enter this business.