Betwrong
Legendary
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Activity: 3472
Merit: 2234
I stand with Ukraine.
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May 10, 2018, 08:40:12 AM |
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I set a goal to reach incom from crypto 1k$/month to live on this earnings and do things that i'm interested in. What would you advise, how could i reach my goal this year?
This goal would be pretty easy to achieve for someone with $100k of spare money. It would be enough to invest in top 10 cryptos on coinmarketcap and although some of them may go down there always will be one or two which will not only cover that, but will generate an overall profit. But if you have only from $1k to $5k it's almost impossible to earn $1k/month, and if this is the case I advise you to lower your goal because with small amount of money the only way to achieve $1k/month is investing in risky projects, and although you may get away with it once or twice, eventually you will end up with nothing most likely.
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BountyX
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May 10, 2018, 10:39:09 AM |
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Since you don't specify HOW you are going to earn your money in crypto it is virtually impossible to answer to your question. There are people who become rich in this space and other that become poor, plus those who's wealth doesn't change at all. For sure you'll be in one or more of these three categories.
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danbitcoin1
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Activity: 336
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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May 10, 2018, 10:40:30 AM |
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Pretty easy to do that with bounties if you can write half decent articles, you could probably make it with just single sig campaigns if you've got a high ranking account.
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
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kjnfmplm
Jr. Member
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Activity: 364
Merit: 6
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May 10, 2018, 10:46:47 AM |
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You should know first, what methods you would like to do to earn that much. Maybe, by investing money? If you want to earn 1000$ per month by just investing, then you need to have a lot of money to invest. 15k$ is enough, in my opinion, to reach this kind of goal. Of course, that means you should do day trading too. With that kind of money, then you can earn even more than 1k$, considering you know how to do day trading. You can also earn through joining campaigns. However, you can't earn that much unless you have a Legendary account. Since, they have a higher pay than just being a member. Of course, you can still do it, but know the risks, effort and time that it will take.
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jyotianand01
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May 10, 2018, 10:51:34 AM |
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You can earn through trading a lot of money but it require best trading skills and wide knowledge. You can also earn through participate in signature and other social media campaigns of new ICO's.
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sousay
Newbie
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Activity: 133
Merit: 0
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May 10, 2018, 10:55:14 AM |
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You can join bounty campaign and airdrops,if you have money invest it and you will earn profit.I signature campaign there is a possibility to gain more profit and also in social media campaign.
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richman3451
Jr. Member
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Activity: 224
Merit: 2
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May 10, 2018, 11:33:47 AM |
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with a good approach you can make money on the bounty but you need to manage many projects at the same time and also look for projects for investment
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Cryptokingind
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Activity: 322
Merit: 10
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May 10, 2018, 02:59:52 PM |
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$1K per month in initial stage is not easy but you can start to earn money through active participation in different types of campaigns such as Social media campaigns and signature campaigns. if you have good trading skills for trading and having vast knowledge of trading, then you can reach to $1k on monthly basis. Because day trading having a lot of potential to earn money.
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merrillolive
Newbie
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Activity: 224
Merit: 0
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May 10, 2018, 03:01:53 PM |
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Although easy but difficult. No one can be sure that every month will earn a fixed income in the Crypto market. The price of a penny is unpredictable. So if luck comes to us, we will get rich quicker.
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karanggatak
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May 10, 2018, 03:20:38 PM |
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If you want to earn $1k per month you can do day trading from altcoin in the market, I think it is quite easy to get a good profit but with notes we should not be greedy when it is getting profit, with capital bitcoin I think is enough to can earn that much.
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trecore4
Sr. Member
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Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
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May 10, 2018, 03:37:30 PM |
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I set a goal to reach incom from crypto 1k$/month to live on this earnings and do things that i'm interested in. What would you advise, how could i reach my goal this year?
My experience says something different here. I mean yes it is possible to earn that much per month but remember that there are many ups and downs in the crypto currency and thus it makes everything very difficult to run smoothly. You may trade, might work on signatures or bounty programs etc but sometimes it becomes difficult to manage the rate. What you can do is, keep working on many things simultaneously but surely you will get payments at different time interval for example, in case of bounty you may get payments after 3 months, 4, 5, 6 and so on. But tell you what, if you take out the average then you might just earn more than 1K USD plus. So its possible.
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Ostonian
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May 10, 2018, 03:40:59 PM |
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The simplest option is investing in ICO projects. But this option is not the most reliable and unsafe, as recently fraud cases on the part of project creators have become more frequent. Therefore, you need to be careful when choosing an ICO project.
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anjohyx
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Activity: 451
Merit: 10
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May 10, 2018, 03:47:34 PM |
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It's possible to gain $1K/month, or $5K/month, but not month, you can't control market price and you also need some luck, crypto income not stable because example this month you earn $1K, maybe next month $0 income, short term investment have high chance to reach your target, but be careful
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TheDarkRide
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May 10, 2018, 03:52:51 PM |
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To get $1k/month we should put higher capital like $10k or even more. Do daily trading with target profit of $1k in a single month. Repeat this step when the target already gained.
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usm2000
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Merit: 11
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May 10, 2018, 04:24:03 PM |
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If you want to take the time and effort to develop the network, the coin edin gives you the benefits of networking that you form. The more and in the network level achieved the higher the bonus value. This bonus is higher when compared to the results of automining our own balances
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ronni01
Newbie
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Activity: 210
Merit: 0
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May 10, 2018, 04:33:12 PM |
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I find it very difficult, because the crypto-studio is not very stable, that today you can earn 10 thousand dollars, and tomorrow lose 15, do not consider it as the main earnings!
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KryptoKai
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May 10, 2018, 04:37:28 PM |
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It will be easy when the bull run really starts to move, now it is up and down - practically impossible to predict. You need to watch the numbers constantly to maximise your gains. On some exchanges you will be fighting against trading bots so the mid level exchanges can be better than the tier 1 exchanges.
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vladaziya1
Newbie
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Activity: 160
Merit: 0
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May 10, 2018, 04:43:37 PM |
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This is not a bad salary, I do not have a very big one, somewhere around $ 700 / month. I would like more, because a new earnings, a new life, new goals.
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traderethereum
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May 11, 2018, 11:00:02 AM |
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I think it depends on how much money we start for trading because it will give effect to our profit too. at least if we have more than $3000 to start trading, we can expect to earn money $300-$500 in daily but still, it depends on how the market moves and how good the price for every coin that we buy and sell. I think it's really difficult to earn $1k/month unless we have a high-skills in trading so we can make a good analyze for each coin and we can make a big profit for daily trading.
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gurunanakji777
Full Member
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Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
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May 11, 2018, 11:10:47 AM |
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It depends on your skillset or perseverance towards your goal. If you are planning to invest then its not so easy in short time to earn regularly 1K$ per month and If you want to earn from bounties I would say try to get more merit and be a full member atleast because earning depends on your forum rank. In bounties major source of income is from signature campaign but it depends on your rank as well. Apart from this from investment point of view you can start with Masternode, Mining, Staking these are also the good source of earning for regular income. If you don't want to invest I would say focus on bounties.
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