How to make money off cryptocurrency?

[fadhilz123]

~snip

I using so many exchange and everything okay. If you think all positive reviews about centralized exchange is fake i think you drunk. Want to make money in crypto be HOLDER, but you also need exchange to sell it

it's easy, I work for a bounty, wait a few months and then get a reward. or airdrop which happens to be a token that has been released at the market exchanger even though there are only a few. the most important thing is to always keep up with the latest developments in the crypto world.

Did you think work as bounty hunter always profitable?? We get nothing because fail project or project not listed in exchange. And nothing guarantee after we receive our reward, the project will list in market

[Herbet Fry]

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.

This is why never send them any of your details. They don't need to know them. DEX exchanges are the way crypto is supposed to be. I never will, fully trust any exchange. I only depsite and trad esmall amount at a time one after another since I want to stay safe and lessen my potential loss if one exists. Having accounts frozen and closed is such crap and it should never happen. I cannot see any reason to freeze a users account.

[upyem2k]

That happens to almost every cryptocurrency investors most especially when they are newbies. The exchanges and projects teams has acquired a lot of people's money through such act and there is nothing the investors can do about it.

[CTRLX]

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.
Ask the people around. Exchanges are not that bad.

I totally agree. We mostly see only bad things, this is what media loves to show recently. People also mostly talk about bad things happened to them. You can see a lot of people keeps talking about their losses but less people shares the good things or how much money they’ve earned from crypto. At least, that’s what i see.

Some exchanges are very bad but there are also very good exchanges which provides reliable tech service & support. You might wanna use a cold wallet to avoid the hacks. It’s simple. On the other hand, i really believe that investors / traders in the crypto market should know the risk and accept that. I think that’s the best way to join this market.

[timmmers]

If you can´t trade on centralized exchanges then you can trade on decentralized one or trade P2P, but be aware that this form of trading is the most dangerous one and you can loose your money without receiving anything.

[aliceHortrex]

Any stock exchange can be closed instantly. Just don't keep everything on one exchange or store without the need for their money there. If you are not a trader, made a deal - withdraw to a cold wallet.

Very good advice.  It can be seen that a person has been working with this for a long time and has filled his bumps on it.  I very much support the conclusion on a cold wallet.  You so save your money.  Better to be safe than just unexpectedly peterat.

[mr_random]

~snip

I using so many exchange and everything okay. If you think all positive reviews about centralized exchange is fake i think you drunk. Want to make money in crypto be HOLDER, but you also need exchange to sell it

it's easy, I work for a bounty, wait a few months and then get a reward. or airdrop which happens to be a token that has been released at the market exchanger even though there are only a few. the most important thing is to always keep up with the latest developments in the crypto world.

Did you think work as bounty hunter always profitable?? We get nothing because fail project or project not listed in exchange. And nothing guarantee after we receive our reward, the project will list in market

Centralization is like a parasite and it is the worst problem in the crypto ecosystem. Decentralization is the future but it doesn't indicate that all centralized exchanges should be shut down. New financial technologies require to understand the latest updates on the blockchain ecosystem and it takes time to get used to adoption.

Projects were failed last and current year due to the bear market which makes hard for teams to obtain the minimum required amount for the development of the project. Bounty projects also failed due to the lack of enough funds for development and distribution fro bounty hunters. Exchange listing also needs a financial resource that teams look for in the bear market.

[Aryleeto]

There are many ways to earn and also to cash out cryptocurrency , I use to cash out money epayments , and I trade in the market for about 2-3 years.

[sarrpora]

Good evening there everyone. This is a good question - how about mining? In my opinion, it may be rather profitable

[buzcarn]

Good evening there everyone. This is a good question - how about mining? In my opinion, it may be rather profitable

Evening sarrpora. This is so, but much really depends on the equipment and different costs, like electricity etc in here. So many criteria must be evaluated

[sarrpora]

Evening sarrpora. This is so, but much really depends on the equipment and different costs, like electricity etc in here. So many criteria must be evaluated

Makes sense. And are there any companies that sell advanced miners?

[buzcarn]

Makes sense. And are there any companies that sell advanced miners?

Well, the one I know is Globemining - have you heard of them?

[sarrpora]

Well, the one I know is Globemining - have you heard of them?

Hmm, to tell the truth I haven't. Can you give me the link to their website? Will check out more

[buzcarn]

Hmm, to tell the truth I haven't. Can you give me the link to their website? Will check out more

Yes, of course. Check out Globemining com And they have wide range of devices

[sarrpora]

Yes, of course. Check out Globemining com And they have wide range of devices

And are there any particular devices you can recommend me to have a look at?

[buzcarn]

And are there any particular devices you can recommend me to have a look at?

Well, I would recommend you to have a look at antiminer S17 and T17

[sarrpora]

Well, I would recommend you to have a look at antiminer S17 and T17

Sounds good, will do! Thanks a lot for your recommendation in here

[buzcarn]

Sounds good, will do! Thanks a lot for your recommendation in here

Was happy to assist you in here

[hahahafr]

I's best to invest into cryptocurrencies but make sure you don't save your funds on any exchange platform. Decentralized Exchanges are also good to trade on and very seured as you are in control of your own wallet. Also, in case you are a day trader make sure that at the end of the day you move majority of your funds to your own cryptocurrency wallet like blockchain application

[JPSelzer]

If you do not know what exchange is best to use, then you should choose the best and not be afraid for their money. One of these exchanges is the Binance. You can safely trade on it and earn your profit and also without problems then withdraw money.