How to make money off cryptocurrency?

[cepot9]

the easiest is to take part in the airdrop and bounty campaign, if you have that capital you can use it for trade, but you also have to find a good market because now there is a lot of hacking and making the market go bankrupt or scam. Cryptopia used to be a good market, but a few weeks ago there was a problem and made everyone who had money there panic. now they are back at work because the problem seems to have finished.

[Whosdaddy]

trading and investing in ico can be used as an option to get money in crypto. now there are so many things that are easy to do as long as there is a strong will from the owners of the funds and are ready to risk being in crypto

So long you are risking your investment in ICOs that at least have a good project and not the ones that are scam or ones that will later turn to shitcoins and make one investment go down the drain.

I will always advice many crypto investors to embrace already existing ones and pump more money into their own ICOs since for now, we are not so sure if an ICO is a scam or not irrespective of what is written in their whitepaper, for me it has been very long since I participated in new ICOs, I strictly deal with the already existing ones.

[xianbits]

I have been reading about exchanging sites. all of them have people who lost their money due to hacks, or investors got their accounts closed, frozen (Coindesk) without proper explanations, usually exchange sites let them deposit money, but they don't let them withdraw their money. No customer support.

How do you make money of cryptocurrency when the exchange sites are predators to hunt people's money? Decentralized trade sites maybe? If I read positive reviews about these centralized exchange sites , they doesn't seem genuine at all, most of the time, it looks like someone ordered them from Fiverr. Binance, Bitfinex with the Tether fiasco, Coinmama.... All of them looks like scummy attempt to get your money.

I have a lot of exchanges used (more or less 10 exchanges) and fortunately, all my transactions were good and was not a victim of any scam exchanges. That's why I am confused where did you get all those negative reviews when there are even more positive reviews out there.

[Huntler1993]

The thing is there is no need to keep your fortunes there, some go to the extend to keep everything there as if they own the exchange site. Trust me everything is possible the good and the bad so lets open our eyes.

[alian17]

Many exchanges have closed recently. I don't think you should go to a smaller exchange. You should choose more reliable exchanges like Binance and Bitfinex. Otherwise you will lose a lot of money.

[alan2here]

Crypto trade is a best to way to earn money.But if you earn free money try, to take bounty.Before crypto trade reasearch your coin.If you get a 3x, or 2x profit made take a risk buy recent bounty distribution token.

A lot of ways to make good money on this market if you have a lot of knowledge. I often choose new ICO projects to join their bounty because it helps me earn very good money in the past year. I also often trade and stay calm before trading but sometimes I also have a lot of psychological problems and it makes me lose a lot of money

[rhyo3232]

Wow man, you have to be calm in your opinion about the exchange platform, everything you say is very bad, but the reality isn't always like that.
we only need to be careful in getting money with crypto currency.
maybe an inexperienced person who says that "it's a way to make money, which is poor".

[mikaeltomcruz12]

Try to invest in one good project and support ico's. As of now crypto was dump but sooner or someday crypto will return. Doning bounty campaign is a way too but if you don't have an extra time investment was the key.

[rickytakyan01]

If we have some experience and patience, then we can get more money in less time by trading through cryptocurrency.

[redsun114]

I focus on trading to make a profit every day or every week. Each month I have about 20-30% of my investment return. In addition  I also participate in the bounty so I can earn more income

Very nice. These are nice and good ways to make money in the cryptocurrency but once you taste the big money in cryptocurrency, you would not really stay at peace after that and would try to look for opportunities to keep you motivated. Coming back to the top in of investing in crypto, ETH is a promising coin these days.

The price can rise anytime and can impart value to your investments. SO yeah you can make money here.

[manggis97]

Cryptocurrency trading is one of the good way to change our life because in bull market we can make huge profit above 10x.  But we should be know when good times to start,  learn more about historycal price and the trend of market will help to decide when best times to enter and exit from this high volatility  of market.

[kvipcn]

Just like the stock market trading, you can buy and trade in cryptocurrences.  The easiest and the best way to make money off cryptocurrency is either you invest in a up and coming crypto project by purchasing their coin or token or you trade in cryptocurrencies on exchange platforms. You buy it at a low price and wait to sell it at a high price.

[Tipstar]

Cryptocurrency is a promising technology for future. The use of cryptos are still low and when the whole world would be using it, the technology would have a huge economic value and hence the early adopters who would invest a small amount of money on crypto and blockchain technologies would be the millionaires of future.

[rezakurnia66]

if you want to get results from cryptocurrency for now you have to be really careful, for the crypto world it will indeed provide extraordinary results, there is good if we are sure with cryptocurrency we invest our money in this form so that later it will provide extraordinary results.

[rose9696]

If you are a genuine investor, have a lot of capital, you should choose big exchanges like Binance, Bittrex to conduct transactions. But at any trading floor there is a risk and I only recommend holding for 1-2 months. did not hold too long because it will happen many unexpected problems.
That's my experience in trading coins.

[949miner]

Exchange platforms are definitely not 100% secure and save to keep your crypto coins there. They are basically platforms that allows users to either sell their coin for other coin or users to buy cryptocurrencies with fiats. If you decide to trade on exchange platform, it is also advisable to withdraw your funds immediately after you're done.  In terms on how people make money off cryptocurrency, they either invest in cryptocurrency for short term or long term. Some trade daily by taking advantage in the change of the prices of cryptocurrency every minute.

[Fredomago]

if you want to get results from cryptocurrency for now you have to be really careful, for the crypto world it will indeed provide extraordinary results, there is good if we are sure with cryptocurrency we invest our money in this form so that later it will provide extraordinary results.

Needs to have more extra precautions, as investment right now may work or may also wont favor you, if you know the grounds and take advantage
then you will be able to reached such goals, stay focus and make things always enjoyable while you are trying to make some more profits.

[H1N1]

I have been reading about exchanging sites. all of them have people who lost their money due to hacks, or investors got their accounts closed, frozen (Coindesk) without proper explanations, usually exchange sites let them deposit money, but they don't let them withdraw their money. No customer support.

How do you make money of cryptocurrency when the exchange sites are predators to hunt people's money? Decentralized trade sites maybe? If I read positive reviews about these centralized exchange sites , they doesn't seem genuine at all, most of the time, it looks like someone ordered them from Fiverr. Binance, Bitfinex with the Tether fiasco, Coinmama.... All of them looks like scummy attempt to get your money.

You are very skeptical about the exchanges. Well, they are dealing with people's money. The security of exchanges must be on the top priority.
Top exchanges like binance and bitfinex are trusted by many users, it means their exchange are more secure than others.
I am using binance to trading or liquid my coins, and there is no problem so far.

[znation]

Airdrop and bounty which is a token that has been released at the market exchange even though only a few of them will pay you with a token and will sell that token on the floor to convert to BTC or ETH when you sell promote their projects or products.

[ranman09]

If you watch the news in my country, you'll be afraid to get out from home and even more afraid to drive a car (way too many news about car crashes).

The news show only when something extraordinary has happened. That's not a rule.
~

I totally agree with you. I remember there are so many reported problems with hitbtc regarding the transactions, the withdrawal and etc. But since it's the first exchange I had and I have never experienced any problem with it, I tried again, and experience no problem at all. Not putting money anymore on that exchange but I will still use it on my future trades.

now I try his luck in bounty and also trading. I like both because it's easy to do.

Are you saying that trading is easy to do? as I read a statistic here, it says, about 90 -95 percent of traders fail. So I guess even a pro would still find trading hard. Even I find trading hard. You really need a bit of luck or if not, be good at averages to beat the market.