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Author Topic: It is not easy to make money in cryptocurrency  (Read 10248 times)
piebeyb
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September 04, 2020, 03:48:50 AM
 #41

lots of airdrops are offered and popping up on telegram, I also want to speak out on this thread to beginners, you should avoid that unofficial airdrops, people currently don't share their money for free, usually they ask for money before they give your gift, so get away from the airdop and stay away from anything unofficial. I use the IDENA project signature, a unique project where people can get money for free even using just a normal laptop, you can read about this project, good luck

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September 04, 2020, 04:03:33 AM
 #42

Indeed, I've been here for almost 5 years, and yet until now, I am still at the stage of learning. This is what I do ever since, as individual traders in crypto space we must be an empty cup. Continuous learning is one of the good behavior of traders. Perhaps, this must be the attitude of some of the experts in this field of business.
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September 04, 2020, 05:48:27 AM
 #43

If people keep believing whatever they are told easily , they will fall into the trap of scammers. I have been deceived once by those fake people and I won’t be falling for it twice. I can remember when I was still new to cryptocurrency and all these airdrops and the rest of them were still new to me, and all of them that I applied for was not even a single one that was a success.

There was one that did send me their token but after sometime I checked my Trust wallet and it was showing that the token was worth nothing, maybe they moved it or something. I wasted my whole time on them. But that doesn’t mean that there are no legit project.
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September 04, 2020, 06:25:56 AM
 #44

Making money in cryptocurrency is not that easy, you have to work hard and pay much attention but in the end no payment will be received either. But we can do nothing about that, all we have to do is keep on trying and somehow we can find a good project that will satisfy our efforts.
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September 04, 2020, 06:30:49 AM
 #45

It's the greedy people who think that it's easy to make money unless they are already rich and they could make it grow with investing more money with it. I think that's the challenge everyone who is trying to make more money. Imagine starting from zero and trying to make money out of hard work and it would be hard but it's possible. You could have either been lucky or just out of luck when you are doing it. I think the most important thing to consider with ourselves, is our discipline and emotions to know the risks and manage your money the right way. In fact, I even lost money recently with the bearish market.

Just remember, too good to be true stories might as well be lies unless you are super lucky.

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September 04, 2020, 06:32:20 AM
 #46

You right this market is very difficult, the volatility is king and in the same way that you can make x10 in only one hour you can also lose the 75% of your investment. In this moment BTC is going down with all the other altcoins and only TRON is pumping, without any reason.

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September 04, 2020, 07:36:54 AM
 #47

So True. They just allure people to work with them with a great promise to provide huge amount of rewards, only to find out
that there's no value or the team won't list the project to any exchange,. Most the time those no value tokens
will just be stuck and there's no way to sell it out.
 
Sweet promises and great rewards are most often made by con artists to lure their victims, and most of those who become victims of them are a greedy people who want to get money quickly.
Cryptocurrency is a medium for getting money, but we must always learn and try to get what we want. As a bounty hunter, I will keep trying and researching some projects. Even though some of the projects I participated in failed (scam), but it is already a risk from my job.


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September 04, 2020, 07:50:42 AM
 #48

To make money you must invest money, bounty hunting is not as attractive today as it was three and four years ago you can only make pennies from doing jobs for several months, I consider it as a parttime job, not something to make a living, but of course I must be compensated for my electricity internet and efforts for working on a campaign, how I wish the glory days of bounty hunting be back, and many projects are profitable and real.

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Mauser
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September 04, 2020, 07:52:43 AM
 #49

Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.

Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.

Unfortunately during the pandemic everything was scaled back. Unemployment is on the rise in every country, people have less money to give away. We just don't know how long corona will last, so everybody got cautious. Alt coin projects where put on hold and advertisements where scaled back too.
Which doesn't mean there is no money to be made in cryptos anymore. We just need to manage our expectations more. Returns will be lower but still better than to keep our money in a bank account with 0% interest.  

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cryptofours
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September 04, 2020, 08:25:43 AM
 #50

That's is true! It is not easy most specially last September 1 when the ethereum goes high and we are about to exchange our money. And fee is almost half of it. Woaah! And now  when I do the exchanged, etheruem goes back to the lowest, very low. I think this so hard since we think money on ethereum are for paying the feeeee. My salary is still there! Sad(((
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September 04, 2020, 11:49:37 AM
 #51

Defi is combination of blockchain as well Etherium network .  Decentralised finance generally called DeFi , I see that their is alot of new projects are attracting toward defi .
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September 04, 2020, 12:22:00 PM
 #52

Yes, its true actually. Airdrop 500$ !! this is unbelievable always that may be 20 to 50$  and no trade signal works in this market that everybody knows but who will not believe it will fall in danger. Bounties fixed price tokens!! how it is possible? roadmap price and real market are not same so come to the  real market and will be gainer everybody.
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September 04, 2020, 12:49:35 PM
 #53

It is true it s hard once according to i am looking for money in cryptocurrency where crypto very at risk i think is not only a lack of capital experience but a strong and determination
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September 04, 2020, 12:52:16 PM
 #54

Defi is combination of blockchain as well Etherium network .  Decentralised finance generally called DeFi , I see that their is alot of new projects are attracting toward defi .

What do you mean by joining defi us more easily looking for money ? what you serious with this ? i still did research on defi many the advantages and disadvantages of his , what you could make i have more sure ?
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September 04, 2020, 01:07:45 PM
 #55

Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.

Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.

You're right. I have worked in different fields and I know for sure that making money is hard and not always successful. When I got acquainted with cryptocurrencies and the possibilities of earning money on them, I was lucky, so to speak. I just got into the beginning of the hype in 2017 and I remember how I made an easy profit. But it was not long, then I had to work a lot and it was not always possible to earn money. As for deception, everything is correctly noted here, there are a lot of promises that are not fulfilled and in order to get profit now, you need to work a lot, analyze and be able to act correctly in a given situation.
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September 04, 2020, 01:15:00 PM
 #56

Making money in cryptocurrency is not that easy, you have to work hard and pay much attention but in the end no payment will be received either. But we can do nothing about that, all we have to do is keep on trying and somehow we can find a good project that will satisfy our efforts.

For now that is the reality. I have tried to find several projects that might make money from bounties but until now it is still very difficult. Perhaps the beginning of 2021 we will see a little hope of a great project and at least a way to buy coffee and pay internet bills.
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September 04, 2020, 01:15:27 PM
 #57

lots of airdrops are offered and popping up on telegram, I also want to speak out on this thread to beginners, you should avoid that unofficial airdrops, people currently don't share their money for free, usually they ask for money before they give your gift, so get away from the airdop and stay away from anything unofficial. I use the IDENA project signature, a unique project where people can get money for free even using just a normal laptop, you can read about this project, good luck


That's  very helpful, avoid those airdrops who's asking for fees, most probably you'll not get anything in returned just a
worthless tokens that will reside inside your wallet, those kinds of scheme where scam developers are taking advantages
from people who are not aware. Newcomers should be warned as they are the target mostly by this tricks.

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minairia3
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September 04, 2020, 01:29:15 PM
 #58

Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.
Airdrop paying that amount is bullshit. That is huge, maybe before I could believe but now, its impossible to see a project that will give away an airdrop worth like that. Maybe on bounty you could still earn something like that but when it comes to airdrop? I doubt it.

Right now its much bigger to join some contest on social media like twitter and AMA. You can earned as much as 100$ if got lucky. Earning crypto is much effective when you do trading and scalping.



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Rainbot
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September 04, 2020, 01:30:07 PM
 #59

It is true it s hard once according to i am looking for money in cryptocurrency where crypto very at risk i think is not only a lack of capital experience but a strong and determination
It's hard if you don't have a strong determination, and you already realize that,
therefore we have to learn, many sites offer free cryptocurrency, such as Coinmarketcap or Faucet sites.

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rexxarofmoknathal
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September 04, 2020, 02:51:05 PM
 #60

Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.

Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
For somebody starting a new making money in crypto is far from being easy. This is because the technical details you need to know are MANY.

Nonetheless, making money in this manner is not impossible.

In fact the only way is to always ensure you do your due diligence before committing to any type of projects. In this manner you're taking a calculated risk, unlike many who just go with the flow and end up losing money.





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