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Author Topic: It is not easy to make money in cryptocurrency  (Read 10325 times)
cabron
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September 04, 2020, 07:06:53 PM
 #81


There is no easy job to make money. This applies to cryptocurrency too even if you have the capital to invest.

Don't hold airdrop's promises seriously, is that what you want to say? I think most people joined in airdrop knew quite well not to take the reward they will get stay 100% like in the adverting. No way someone would pay you bi reward for just doing a simple thing as like, share, retweet,... If it was that easy, everyone become rich already in crypto.
Well, you are participating in the signature campaign - and this is also not difficult. People just Express their opinions about this or that and get paid for it. If you think so, then any work can be very simple

There are actually bounty campaigns that pays well if you just pick the rights ones but it rarely offered. And if you sell the tokens right when you received them then its not worth for you when its price grow.  DIA DATA was doing a signature campaign just few months ago, I miss that one but it sure making a good record that it will be huge.

The bounty hunters who joined the campaign must take it seriously to hold or they will miss bigger rewards.

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September 04, 2020, 07:22:16 PM
 #82

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.
As you say, if airdrop that promises $100, $200, $300, $500, it's doesn't make sense, airdrop only around $1-$10. But in bounty campaign, you can earn $1000 even more, if you choose the right one. DIA is an example of that. This is the most successful bounty in 2020.

Yes, It is not easy to make money in cryptocurrency, I agree with this point. But you can make it easy if "choose the right one" and this is hard

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September 04, 2020, 07:24:30 PM
 #83

Don't hold airdrop's promises seriously, is that what you want to say? I think most people joined in airdrop knew quite well not to take the reward they will get stay 100% like in the adverting. No way someone would pay you bi reward for just doing a simple thing as like, share, retweet,... If it was that easy, everyone become rich already in crypto.
It's really easy like that, but the problem is they will only give you a few cents for the jobs. So airdrops are just bullshit now and are not worthy for us to participate

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September 04, 2020, 07:28:05 PM
 #84

Making money in this space requires patience and consistency. One could spend up to six months gathering airdrop and bounty tokens without getting any money. The most important factor is getting the knowledge of how things are done and being familiar with the process.
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September 04, 2020, 07:38:29 PM
 #85

It could be easy , It's the best expression for me to answer that, there are some ways you could make some easy money like if you win binance IEO lottery ticket, or if you are an influencer on social media you could make a good money but with trading , mining , staking , farming , etc , don't expect easy money since this market is wild and you really not sure about its future .

Don't expect the easy way if you are planning to make this venue as your long term source of income.

You need to learn more about this industry and try to catch up from every possibilities to earn, once you find your place
it will be more easier for you to continue  making money as this industry have a lots to offer for those who really seeking it.

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September 04, 2020, 07:45:59 PM
 #86

You're true and correct opinion! Here is crypto market if you have no knowledge then you can't make money. Otherwise if you want make money from cryptocurrency market then you'll requires more patience and expensive skills. So keep learned about cryptocurrency market if you're welcome in new member.
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September 04, 2020, 07:56:49 PM
 #87

Making money in this space requires patience and consistency. One could spend up to six months gathering airdrop and bounty tokens without getting any money. The most important factor is getting the knowledge of how things are done and being familiar with the process.
Please only participate in bounty as a part-time job. Because you won't get too much money out of them, and you need to wait a long time to pick up and sell. As you said, given the current bounty status we need to wait at least 6 months to receive the bounty money if they succeed and list them on exchanges.

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September 04, 2020, 07:59:44 PM
 #88

You're true and correct opinion! Here is crypto market if you have no knowledge then you can't make money. Otherwise if you want make money from cryptocurrency market then you'll requires more patience and expensive skills. So keep learned about cryptocurrency market if you're welcome in new member.
Learning trading skills is not expensive if you know what you are doing, the majority follow the trend but the lack of patience is the main causement they lost their investments in the long run. The Crypto market is illiquid and volatile, the new traders have to learn how to swim with each wave.

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September 04, 2020, 08:19:48 PM
 #89

Of course it's not easy to make money in crypto, we have to do a lot of research and a lot of time to find real projects and patience in HOLDing. This is not a golden year like 2017

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September 04, 2020, 08:23:15 PM
 #90

Yes, it is very difficult to make money in this market. Bounty and airdrop are not as good as before, we spend months on it but don't get too much money. And this market is not growing like it did in 2017 and prices are going to crash over the long term.

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September 04, 2020, 08:35:00 PM
 #91

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.
Like every sector, every market, every job crypto also demands hard work and smart work alongwith uptodate knowledge of the events that impact the market and also staying active everyday.
So it is the same process, there is no easy money anywhere only hard work pays and that is the way it goes for centuries.

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September 04, 2020, 08:53:19 PM
 #92

Not at all. Even though we say transparency is there due to blockchain technology, transparency on a project's legitimacy is missing. Highest volatility and scammers' attention in the crypto market, driving losses for may investors.

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September 04, 2020, 09:24:01 PM
 #93

Well, you are participating in the signature campaign - and this is also not difficult. People just Express their opinions about this or that and get paid for it. If you think so, then any work can be very simple
The risk of getting blamed by other members for posting bad posts and risk of getting your account banned because you are marked as a spammer, yea it's a simple task on signature campaigns.

It could be easy , It's the best expression for me to answer that, there are some ways you could make some easy money like if you win binance IEO lottery ticket,
It's easy to obtain the ticket, but you and the other 1 million people also does the same. Something that rely on luck to get something it's not an easy stuff at all.

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September 04, 2020, 09:45:01 PM
 #94

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.
This is just common sense but it seems that for some people this is a major revelation, I understand that the market of cryptocurrencies will bring a revolution and will change forever the way we think about money, but that doesn't mean that this kind of common sense does not apply, it is true that there have been some people that have earned a fortune in a matter of months or even weeks but this is the same as winning the lottery, the chances of that are very low and very few people actually go through that experience, for the rest of us that wants to improve our lives with cryptocurrencies we have no other option but to take the long term approach and avoid those obvious frauds.
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September 04, 2020, 09:50:05 PM
 #95

Obviously, it is not easy to make money in crypto market especially if you want to get rich quick because crypto is a new tech and you will have to give it time and be patient. The people who want to become rich over night are like gamblers and these people mostly lose rather than making any profit. Stay calm and focussed and crypto will definitely make you money.

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September 04, 2020, 11:35:07 PM
 #96

I do agree, especially if the promised amount of bounty or airdrop is really impossible, then this might not be true. We are not in the same situation as we had before in the year 2016-2017, people should realize by now that it is not easy to make money anywhere even in the crypto world.
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September 04, 2020, 11:46:38 PM
 #97

Obviously, it is not easy to make money in crypto market especially if you want to get rich quick because crypto is a new tech and you will have to give it time and be patient. The people who want to become rich over night are like gamblers and these people mostly lose rather than making any profit. Stay calm and focussed and crypto will definitely make you money.
only lucky person that could be rich man in crypto in short term. even profesional trader need long time to earn money consistantly and be rich man, moreover cryptocurrency market have high volatility and many manipulation by whales and many people already be victim by whales playing.
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September 04, 2020, 11:57:08 PM
 #98

Yes, it is very difficult to make money in this market. Bounty and airdrop are not as good as before, we spend months on it but don't get too much money. And this market is not growing like it did in 2017 and prices are going to crash over the long term.
Bounties era is long gone, we need to adopt in changes and upgrade our skills to earn on these market, do trading as much as possible because its the only way now, even investing is not profitable in long term. Try to learn trading little by little to able to earn in this volatile market.
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September 04, 2020, 11:59:27 PM
 #99

Yes, it is very difficult to make money in this market. Bounty and airdrop are not as good as before, we spend months on it but don't get too much money. And this market is not growing like it did in 2017 and prices are going to crash over the long term.
Bounties era is long gone, we need to adopt in changes and upgrade our skills to earn on these market, do trading as much as possible because its the only way now, even investing is not profitable in long term. Try to learn trading little by little to able to earn in this volatile market.
Even now it is possible to earn through bounties, but a lot of effort is required to choose the right bounty and be a participant. As mentioned, trading is always the best choice to earn. To make a better earning out of trading isn't possible within a short time period, as well as it requires capital investment. These days the earning opportunity is available, but the difficulty keeps increasing. We need to make ourselves active and updated accordingly.

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September 04, 2020, 11:59:48 PM
 #100

Yes, it is very difficult to make money in this market. Bounty and airdrop are not as good as before, we spend months on it but don't get too much money. And this market is not growing like it did in 2017 and prices are going to crash over the long term.
Bounties era is long gone, we need to adopt in changes and upgrade our skills to earn on these market, do trading as much as possible because its the only way now, even investing is not profitable in long term. Try to learn trading little by little to able to earn in this volatile market.
Even now it is possible to earn through bounties,

As bounty hunting is not good anymore, just look for other options that you can earn a decent amount of money. Maybe time to show your other hidden skills and look in the services section where you think you can be of help. Or you can hone your skills by offering your services to the community. Most bounties that I am seeing right now have no assurance of getting listed in the exchange or will respect the agreement with their hunters.
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