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Author Topic: How to make money off cryptocurrency?  (Read 5837 times)
Gibreil
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July 27, 2019, 11:49:58 PM
 #181

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.
We have different ways to kill a cat. I am taking my money using trading also. But before I grab coins for trading, I got my capital only in joining bounty campaigns. I never put any amount of money in this industry. Instead, I am patiently waiting for my tokens to have value. And soon, I used them to trade and invest. They will be used also to sustain my necessities in real world.

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ali115112
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July 28, 2019, 01:48:54 AM
 #182

As you know various exchanges are freezing account and not supporting after freeze the account , HITBTC also not supporting after freez accounts, so should very careful about exchanges always should use big exchanges.

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tins
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August 01, 2019, 07:58:01 AM
 #183

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.

There are many ways to make money from crypto, not trade. For example ICO in 2017, you invest and make a profit when it lists exchange, or bounty, community support for projects,...
altcoinEra
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August 01, 2019, 08:24:58 AM
 #184

Hi guys, is it possible nowadays to gain decent passive intcome from mining or better to trade with assistant?
FloatOn70s
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August 01, 2019, 08:31:37 AM
 #185

Hi guys, is it possible nowadays to gain decent passive intcome from mining or better to trade with assistant?
I would recommend to trade because it is much easier and cheaper option. Mining equipment is pricy and very hard to start from a zero point. Just look at globemining com prices and decide weather you want to start or not Smiley
altcoinEra
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August 01, 2019, 08:32:32 AM
 #186

Hi guys, is it possible nowadays to gain decent passive intcome from mining or better to trade with assistant?
I would recommend to trade because it is much easier and cheaper option. Mining equipment is pricy and very hard to start from a zero point. Just look at globemining com prices and decide weather you want to start or not Smiley
It can be clearly seen that they specialise on asic, yep. Equipment is expensive but I guess that it worth it. Do you mine yourself?
Freescan
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August 01, 2019, 08:37:04 AM
 #187

how to make money from cryptoqurrency of course you can do this by trading or investing in cryptoqurrency, besides that you can also join a prize project and you don't need to spend capital, but this work can drain your mind, i mean you should always be careful before joining the prize project.

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flyer88
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August 01, 2019, 08:37:57 AM
 #188

There are many ways to make money from crypto, not trade. For example ICO in 2017, you invest and make a profit when it lists exchange, or bounty, community support for projects,...
Yes for me trading is more risky than others, for example by hunting bounty or investing in potential ICOS. There are many ways to get Crypto without trading. But If you are a person who is already proficient in trading then its okay. You will know which platform/Exchange is good for trading.
FloatOn70s
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August 01, 2019, 08:39:55 AM
 #189

Hi guys, is it possible nowadays to gain decent passive intcome from mining or better to trade with assistant?
I would recommend to trade because it is much easier and cheaper option. Mining equipment is pricy and very hard to start from a zero point. Just look at globemining com prices and decide weather you want to start or not Smiley
It can be clearly seen that they specialise on asic, yep. Equipment is expensive but I guess that it worth it. Do you mine yourself?
Yes, actually. I started a long time with a small order on globemining. Bought several old asic rigs. I purchased S9 model for a reasonable price on sale. And few weeks ago I have renewed my collection by purchasing s17 devices
altcoinEra
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August 01, 2019, 08:40:17 AM
 #190

How many devices you actually own now?
FloatOn70s
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August 01, 2019, 08:46:27 AM
 #191

How many devices you actually own now?
I bought 12 asic miners and sold 6 of them. So now I have only 6 but they are very powerful and productive.
altcoinEra
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August 01, 2019, 08:48:08 AM
 #192

How many devices you actually own now?
I bought 12 asic miners and sold 6 of them. So now I have only 6 but they are very powerful and productive.
So you ordered all of them on globemining?
FloatOn70s
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August 01, 2019, 08:56:04 AM
 #193

How many devices you actually own now?
I bought 12 asic miners and sold 6 of them. So now I have only 6 but they are very powerful and productive.
So you ordered all of them on globemining?
Yes, from globemining as I have seen many positive reviews and decided to try once a year ago and now
altcoinEra
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August 01, 2019, 08:56:50 AM
 #194

How many devices you actually own now?
I bought 12 asic miners and sold 6 of them. So now I have only 6 but they are very powerful and productive.
So you ordered all of them on globemining?
Yes, from globemining as I have seen many positive reviews and decided to try once a year ago and now
And why you recommend trading instead?
Ranly123
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August 01, 2019, 09:02:06 AM
 #195

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 can't gain something if you won't risk something. Let's say, you put money on an exchange and got hacked so whose fault was that? It's yours, all the security in your account depends on how you handle it. So no matter how secure the exchange is, if you are neglecting the secrecy of your account then you will always be at loss.

FloatOn70s
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August 01, 2019, 09:03:39 AM
 #196

How many devices you actually own now?
I bought 12 asic miners and sold 6 of them. So now I have only 6 but they are very powerful and productive.
So you ordered all of them on globemining?
Yes, from globemining as I have seen many positive reviews and decided to try once a year ago and now
And why you recommend trading instead?
As it is cheaper and more affordable. But if you want mining you may try!
Insomnia family
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August 01, 2019, 09:09:18 AM
 #197

As you know various exchanges are freezing account and not supporting after freeze the account , HITBTC also not supporting after freez accounts, so should very careful about exchanges always should use big exchanges.

Small exchange exchange is easy to close at any time. There was a time when HitBTC was a big exchange and many people used it to trade

yes it all depends on how users use exchanges to trade their coins, if users feel comfortable with the available exchange options no problems only the most important thing is that we must always be vigilant before making trading decisions whether on large exchanges or small exchanges.

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andika2018
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August 01, 2019, 09:36:05 AM
 #198

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.

There may be some exchangers that are not good but we have the choice to choose a good exchanger to transact. Binance, Bittrex, Kucoin or other large exchanger is a safe place to transact and I don't think we need to trade on an exchanger whose reputation is doubtful
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