FontSeli (OP)
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March 18, 2020, 11:44:57 PM |
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In the crypto market, it is impossible to start earning from scratch. I was a little late with my arrival to the crypto market. When I arrived it was impossible to make much money on bounty campaigns or airdrops. However, the first money from bounty campaigns gave me the opportunity to try my hand at trading and investing. I enjoyed it. Thanks to this, I decided to invest part of my savings in the crypto market.
Now it is impossible for beginners to get capital from scratch and use it to learn how to trade and invest in the crypto market. They are forced to carry their money here and this scares many away from the crypto market.
Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market? Maybe it's some kind of demo accounts on exchanges or experienced programs.
let's collect these methods here.
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Simple_
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March 19, 2020, 05:55:12 AM |
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What a tough question. Even if someone gets paid in some bounties campaigns, he mostly receives tokens, not bitcoin or ethereum in order to directly deposit to an exchange. He still needs a small amount of fiat money to buy gas (commonly ETH) in order to deposit tokens to a specific exchange and then sells them. Luckily, Bitsgap is the rare cryptocurrency exchange allows demo trading feature. All you neen is to open an account and switch to DEMO mode: https://bitsgap.com/demo-trading/. Other than that, new exchanges usually have bug testing bounties in its pre-run phase. The purpose of bug testing is to find trading system's faults but participants can enjoy the feelings of getting free accounts and trading without loosing money.
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bgaf
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March 19, 2020, 06:01:29 AM |
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Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market? Maybe it's some kind of demo accounts on exchanges or experienced programs.
let's collect these methods here.
Yes there are some demo or practice trading platform. They can just search on Google and many will poppep up. Indeed many beginners can find it hard to earn their capital for trading but I still believe they can still earned on it, just needer a littlr effort and diligence to look out for more legit ones. Idex version 2.0 have testing and ai managed to use it. Also, new exchanges typically have a demo period and this chance and opportunity can be taken advantage by newbies. Learning market or trading, doesnt need always need demo types. I myself doesnt do this but learn by watching videos and tutorials, then when the time I had budget I tried it out and really a good experience for me.
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TanakabZX
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March 19, 2020, 06:17:25 AM |
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Most trading platforms have demo so newbies can use that to learn how trading works, they don't have to find some pennies to try out, bounties still pays till date I know many are scam but few ones still pays, if newbies aren't lazy it's a good way to start
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dudusix9
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March 19, 2020, 07:22:17 AM |
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I've participated in a couple of trading platforms in their early days, and enjoyed giving feedback to the team about what to expect, and how they're different from the top ones like Binance. It is indeed difficult to make money out of airdrops and bounties, though there are bug bounties that pays up to $50,000. With that large amount of prize, you'll encounter a lot of competitors and you have to be very unique/think outside the box. These are just some ways to acquire money here in crypto without pulling money right off your pocket. If there are newbies who would like to enter the cryptospace, they first have to get the knowledge or else, its gonna be a rough road for them.
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OasisDre
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March 19, 2020, 07:42:41 AM |
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I earned my first 100$ from a airdrop campaign months ago, the project is Korea based I guess that's why I was lucky because most Airdrops are worthless, from there I started trying trading and others but later I stop because trading is not just for me
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bassbity
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March 19, 2020, 07:51:20 AM |
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I myself only rely on capital from the results of the bounty and airdrop to trade and investment, a few months ago I joined the yobit campaign where I get capital to trade and some coins that I hold and I get profits after the bullish come but I now to stop trading due to uncertain market conditions, I better secure the assets compared to investment at a time like this.
Capital from the results of the bounty must be a little patient to look for high-paid bounties.
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cahbagus555
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March 19, 2020, 09:16:30 AM |
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In the crypto market, it is impossible to start earning from scratch. I was a little late with my arrival to the crypto market. When I arrived it was impossible to make much money on bounty campaigns or airdrops. However, the first money from bounty campaigns gave me the opportunity to try my hand at trading and investing. I enjoyed it. Thanks to this, I decided to invest part of my savings in the crypto market.
Now it is impossible for beginners to get capital from scratch and use it to learn how to trade and invest in the crypto market. They are forced to carry their money here and this scares many away from the crypto market.
Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market? Maybe it's some kind of demo accounts on exchanges or experienced programs.
let's collect these methods here.
For some bounty hunters, 2017 is the best year because the rewards they get are skyrocketing when listing on exchangers. For now, bounty hunters are experiencing many obstacles and one of them is that the project that was done was in fact a scam.
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batang_bitcoin
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March 19, 2020, 10:06:19 AM |
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Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market? Maybe it's some kind of demo accounts on exchanges or experienced programs.
If demo accounts or play money or trial, there are apps that allow this for each user. This is what we call simulators. The 8 Best Cryptocurrency Trading Simulators
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Rent this sig space so that BTC goes to $100k.
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Thomas-s
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March 19, 2020, 10:57:19 AM |
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everything is possible if a person has a wish. bounty campaigns still gives an opportunity to earn money. little money but for those who do not have money for investment, this is already good. Youtube is also a great platform that you can start developing without money.
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Anonylz
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March 19, 2020, 11:26:06 AM |
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i don't know if there is a demo account in any crypto exchange for beginners to learn how to trade, i have only seen in forex trading, some forex trading platform have demo account that will enable you to practice how to trade, maybe if you can try out those, they are not too different from crypto trading i guess, crypto trading requires real money, you can always start with something small, most important thing to do first is study charts, understanding how to read charts will help you a lot to trade.
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yanto@1977
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March 19, 2020, 11:37:18 AM |
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Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
So far we found give away and contest, no need money to start and has reward. For me join trading competition in exchanges is the best way but unfortunately only on forex market. You can test your strategy and after get reward you can switch it into crypto for next level. Forex and crypto is different but in market they are same, try it.
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Ridwan Fauzi
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March 19, 2020, 11:42:26 AM |
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For the beginner it is indeed really hard to try trading although he has an ability to trade like in forex trading or stock because crypto currency have its own way for the price movement, so I won't suggest them to try it directly.
Maybe, staking way can be a way for them to start. To learn about staking proccess is bit easy in my opinion. As long as they have a computer (pc) they can do that. Other than that, staking coin now can be held in an exchange like binance exchange and etc.
At least they can earn money first from crypto industry, so as when they starting to staking coin they can learn how to invest or how to trade simultaneously. Comparing when they try to invest or trade directly and they get loses from them then I believe they will leave crypto currency and never come back again and they have a thought that crypto currency is like gambling.
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TheICE007
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tozex.io
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March 19, 2020, 12:48:16 PM |
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Waiting for bounty payments now if you are new to trading might take a long time,and also most bounties pay in their native coin,also sometimes they pay when not listed so one can't convert it to btc or Eth for trading,so the best position is to look for exchanges where they have Demo trading and lay your hands on till you feel you are good to start trading with real fund.
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Mulann2
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March 19, 2020, 12:55:45 PM |
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why don't you go and do some serious reading first before you can venture into trading, i will suggest you first of all get the necessary information about trading, if you know any good trader around you, talk to them to put you through, because trading crypto requires good knowledge about the market and since you are a newbie you should have this kind of knowledge before you can start, if not, you will lose money in the process, have basic knowledge and then go deep if you find it easy.
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ethereumhunter
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March 19, 2020, 01:22:44 PM |
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We know every new people can earn their first coin from airdrop or bounty campaign, but the problem is they cannot rely on the result because sometimes, the result will be a scam. Many projects have delayed or cancel the reward to their participant because of the market is not recovering. That makes the project needs to stop for a while, or they are running away with the investor's money.
But if the new people have skills in other fields, they can try to offer their skills for people who really needed, and they can get payment in crypto or fiat which we know they can use Paypal. So after they have fiat in their Paypal or Skrill or the other payment methods, they can start to buy crypto in the exchange or another P2P transaction so they can begin to trade like other people.
It is about how they want to start to earn money and not the cryptocurrency because if you have money, you will have a chance to buy cryptocurrency. While the cryptocurrency began to rise again after reaching the bottom price in a few years ago, they will have money from the other sources income, and they will easy to buy cryptocurrency. Even they will get the discount price for every coin they want to buy.
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Pffrt
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March 19, 2020, 01:52:48 PM |
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There's a site called Binany, but it's not like the usual trading though. It's kind of prediction game, it gives $600 demo balance to try. As far as I know, Forex gives a demo balance to start with, a balance of $500 may be. I can't remember the amount now. One can try with that balance. I advise to newbie if they want to learn trade, start with all the basic, reads them and have a small budget. It will be good for them to learn within a short time and no need to lose big money.
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Sterbens
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March 19, 2020, 02:02:19 PM |
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If you rely on the bounty I think it is not a good way because it takes a long time and also good skills as well as signatures need a high ranking account to get big rewards.
I think that there have been many advises of de forex to try it in the demo, I think it is good for beginners to find out more about trading, but it also takes time and direct guidance from seniors to be able to easily provide an explanation.
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julius caesar
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March 19, 2020, 02:29:29 PM |
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Actually, there are some trading site where in you can actually try to practice how to trade like you are doing it for real. People can try that to practice themselves so that they are ready when the real trading comes up. Also, you can try to gain profit from airdrop also and then the money that you got in airdrop will be use as your capital in the trading that you are planning to do.
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slashz9
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March 19, 2020, 03:59:19 PM |
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as far as I know there is no demo account for crypto, you have to trade using your real money. so you must be prepared to lose when you start learning to trade. I guess you are not a newbie because your account is a hero member, so it will not be difficult to get a prize if the project that you promote listing on the market, and the price not to bad.
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