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Author Topic: How to make money off cryptocurrency?  (Read 5901 times)
vanya.pronin.1983
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March 21, 2019, 01:15:16 PM
 #121

Thats why I am trying to trade on decentralised exchanges, because the possibility that this exchange is going to have a hacker attack is extremely low. Moreover, you still have full control over your funds while trading.
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March 21, 2019, 01:40:13 PM
 #122

I can make money from crypto through trading and start investing in a few coins and participate in projects that are good, so that we can make money from crypto quickly but we also have to struggle seriously so that we can achieve the results we want.

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March 21, 2019, 01:42:31 PM
 #123

I can make money from crypto through trading and start investing in a few coins and participate in projects that are good, so that we can make money from crypto quickly but we also have to struggle seriously so that we can achieve the results we want.
It is not a fast time. to be able to participate in the ico or trade even if they need the skills they need to develop. all is not instant. There are also planning investment in a timely manner to benefit the already planned.
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March 21, 2019, 01:47:03 PM
 #124

Trading is not the only way to make money off cryptocurrency, most people are diving into bounties and airdrop which could be very lucrative, if one is lucky. I'm of the opinion that bounty could be very lucrative, if you carry out due diligence before signing up to projects.
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March 21, 2019, 01:55:18 PM
 #125

To get a cryptocurrency, you need to understand crypto and understand this forum. After you get involved in it, you can do it by participating in a number of bounty campaigns.

And after you get a token, you can trading it on an exchange that has registered a token. My experience when exchanging on several exchanges, I was never hacked, except for my MEW wallet.
And that was my fault for following a hack link that resembled Airdrop.

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March 21, 2019, 02:41:01 PM
 #126

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.

Airdrop is a good way to make crypto because you don't need to convert fiat and you can just keep the crypto in the wallet and use it when you need it and the same style applies to bounty.

But he needs to wait for a long time before he can sell the airdrop because most of the airdrops don't have a price and we need to be patient until they can add their airdrops to the exchanges. I have friends who already hold the airdrops for almost a year, and he says that sometimes he feels desperate, what he wants to do with this airdrops. But I tell him that he needs to be patient and don't even think to feel desperate or sad because he doesn't have to pay any fee for that tokens.

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July 12, 2019, 02:14:22 PM
 #127

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.
do some trading or you can join some bounty campaign for free and you can gain tokens there if you will follow their instruction. but it will take some time to gain from it. while in trading you can do invest a little
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July 15, 2019, 04:37:09 AM
 #128

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.

For us to move forward we need to fix these issues, there have been so many hacked exchanges in our midst and wallet hacking on a positive note, we have seen how Binance address about the hacking attempt on their websites, I don't think Binance will fall in that category, they are a multi million dollar business and will do everything to make their business run smoothly.

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July 15, 2019, 01:43:38 PM
 #129

If you have a relatively large amount of available money, you can join IEO programs, potentially your money will be x2 - x10 initial value. Or you can use the money to trade on the exchanges with a profit of 1-5% per day. I'm not talking about risk here!
If you have nothing, I mean money, you can join the bounty and airdrop programs of upcoming projects, but the time is quite long and scam very much, maybe nothing for you. Be patient and hardworking, money will come to you!

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July 15, 2019, 03:23:11 PM
 #130

If you have a relatively large amount of available money, you can join IEO programs, potentially your money will be x2 - x10 initial value. Or you can use the money to trade on the exchanges with a profit of 1-5% per day. I'm not talking about risk here!
If you have nothing, I mean money, you can join the bounty and airdrop programs of upcoming projects, but the time is quite long and scam very much, maybe nothing for you. Be patient and hardworking, money will come to you!
Indeed! There are so many opportunities to earn, having funds is such a big advantage, money move matters.
Diving into bounty programs and selling services is the greatest choice to earn reasonable money,
I think trading needs great research and experience.

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July 19, 2019, 12:52:10 AM
 #131

there are various ways, and the most widely used by people is bounty and trading. being a bounty hunter is an alternative for some people to get income because they don't have the capital to start. rading is the second alternative if someone has enough capital, not infrequently also a lot of investment. I don't call Minning here because of what? because minning requires very large capital, and also the cost of each month is also large and it is difficult to calculate profits.

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July 19, 2019, 05:51:18 AM
 #132

There are several ways people make money in crypto, one is trading using the exchanges, not all exchanges are bad. There are some good ones with tight Security, also People  earn through bounty hunting, here hunters promote a project and get paid and many others ways.

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July 24, 2019, 03:43:21 PM
 #133

While there are scam exchanges out there, there are also genuine ones as well that have proven time and time again that they are here for the long haul, additionally, exchanges are not wallets, at the end of each trading day, it is encouraged for traders to transfer their funds to wallets they control to minimise the risk of.losing it.

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July 24, 2019, 03:47:53 PM
 #134

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.

Hacks and frozen money is not a usual case. They are unusual. Exchange is a profitable business on its own. Established centralized exchanges would not ever do such things. They'd also try to cover any hacks from their own profit rather than deducting it from the balance of the users.
Dex are a solution to many things but they are still in their early stage to be as dependent as a Cex and require a lot more time for people to get used to.

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July 24, 2019, 06:30:14 PM
 #135

You can make money in crypto through a number of ways like trading your positions, holding and taking profit, or participating in solid ICOs and IEOs.

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July 24, 2019, 07:09:45 PM
 #136

Friendly speaking, l have no such experience, that means l have never lost my money during any kind of hacks but in general l do agree with your view. It  is something a bit exaggeration in my view. There is always risk because of that you have to accept it. Put aside how a project looks, you must be careful, because some exchanges use wash trading bots.
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July 25, 2019, 06:12:59 AM
 #137

You could try to create and monetize a crypto website. If you have a lot of budget available for marketing, then I would recommend you advertise on Crypto related websites like CMC, Bitcoin Talk Forum using banner advertisements.

There are also a lot of exchanges out there and competition is quite fierce so it may be worth holding competitions to attract new users. If you want to use free methods, then places like reddit and crypto related forums is a good starting point.

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July 25, 2019, 06:31:46 AM
 #138

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.
Why need to choose using this sites when you can have more safer?we have thousand of exchangers now here in crypt and what has been mentioned are only few from the others.i will not recommend one because this will look bias but what I want you to do isn’t make a research and check the site first if there’s a cases thrown or really have good reputation..this weeks we have been taking issues like yobit(though this one proven scam from long ago)but the recent is LiveCoin that is not in the hot seat

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July 25, 2019, 06:50:56 AM
 #139

For investors and traders, IEOs are simple. That’s actually one of the big advantages to them.

While with ICOs you had to look into when they would happen and how to participate, with IEOs you’re ready to participate from the start. Assuming the IEO is backed by an exchange site you’re registered with; all you need to do is log in and buy your crypto.

There’s no longer any need to register using obscure sites or look into what payment methods the project accepts. If the exchange site accepts a payment type, the IEO will. This includes paying for crypto IEOs with other cryptos.

There’s only one thing you should keep in mind — as, with ICOs, there are a limited number of tokens on offer during IEOs. This means that, for projects with high expectative, the IEO tokens might sell out within minutes.

There are also cases when an IEO is highly on demand, where an exchange site might go down during the offer due to excessive traffic. While serious exchange sites try to prepare for these situations, they are often impossible to completely avoid. Think of the Ticketmaster website, and when an iconic musical act announces a one-off concert. If it can happen to them, it certainly can happen to crypto exchanges.

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July 25, 2019, 07:09:33 AM
 #140

The only Centralized exchange that has a bad reputation is Yobit, all of the others like Coinbase Binance are seems fine. so you need to know that if you are holding a massive amount of BTC you don't need to send it all to some exchanges that you doubt that they gonna froze it. keep it on your Hardwallet or withdraw it little by little at least you coin will be safe this way.




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