It is not easy to make money in cryptocurrency

[Mauser]

Earning in cryptocurrency is not that easy. It is just like having a real job, but the difference is you need to make a huge risk for you to earn a good profit. Earning cryptocurrency without investment does exist such as airdrop, referrals, bounty or signature campaign, etc. But it is too good to be true that you can be rich with it, though those earnings are enough for you to buy your expenses and provide your daily needs.

Agreeing with you here, making money is hard if you want to do it continuously. Everyone can get lucky once in a while, but to do it every month is very hard. The corona pandemic just made it worse in my opinion, because people have more spare time and can spend more time on doing research. Another reason why it's harder to make money with cryptos at the moment is that people are less willing to give money away for at the moment. Companies are cutting costs across the board, less ads, unemployment is on the rise, less giveaways.

[1714835273]

1714835273

[1714835273]

1714835273

[1714835273]

1714835273

[1714835273]

1714835273

[Mpamaegbu]

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 apt and I sincerely hope newbies read and assimilate it because the promises aren't going to stop, at least not anytime soon. Projects promise heaven on earth but often can't deliver on that. Apart from bounties, we also have such crisscrossing other aspects of business. It's there with brokers of Forex trading platform and signal providers promise  mouth watering ROI on investment. I don't waste my energy on such. In fact, I tag any investment promising me more than 1% daily return on my investment as a ponzi scheme.

[vermigerous]

Everything goes hard when it comes to money. So if you want to earn money you have to deal with hardwork and patience here in cryptocurrency business. If you have money for trading you have to risk for you to be able to earn in the long run or not. Even joining projects has to do with patience and hardwork.

[Princejebs]

The last time i made something similar to the mentioned $$$ was last year. Worked for Tokoin project almost 3 months. It was a contest but believed me, I worked my Ass. The manager was so hard on everyone activities but it pays off at the end of the campaign.
Guess what, I lost half in this pandemic sell off 

[Zeehaxan]

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.

Some people have been lucky to make big returns in short period of time especially during the previous ico boom era. We have seen people making 100x to 500x in no time from new projects so imagine if someone had invested decent amount at start even 1k would have yielded him life changing income. But now it is really not that easy and most of the people have realized this and that is why we are seeing more and more longterm holders.

[bitcoinisbest]

Everything goes hard when it comes to money. So if you want to earn money you have to deal with hardwork and patience here in cryptocurrency business. If you have money for trading you have to risk for you to be able to earn in the long run or not. Even joining projects has to do with patience and hardwork.

If one has patience and little money, then they can invest in best coins only and sit holding it. It will help you get a good return in future and for those in between if rise comes and want to book profits can also do it and can make some profits on it. But investing in coins which does not have good future or doing panic selling etc may lead to losses and will not be able to earn money. Trading would recommend only those who have some knowledge on it and ready to take risk as market at times are highly volatile.

[Slon55koz]

Everything goes hard when it comes to money. So if you want to earn money you have to deal with hardwork and patience here in cryptocurrency business. If you have money for trading you have to risk for you to be able to earn in the long run or not. Even joining projects has to do with patience and hardwork.

If one has patience and little money, then they can invest in best coins only and sit holding it. It will help you get a good return in future and for those in between if rise comes and want to book profits can also do it and can make some profits on it. But investing in coins which does not have good future or doing panic selling etc may lead to losses and will not be able to earn money. Trading would recommend only those who have some knowledge on it and ready to take risk as market at times are highly volatile.

Very good money can be made with cryptocurrencies. But for this you need to have a very deep knowledge in the field of cryptocurrencies as well as a great level of experience in the cryptocurrency market. This will help you avoid mistakes when investing and will significantly affect your profit.

[bangkecol]

That is true , but not 100 % true. For example people who get easy get a lot of money from UNISWAP airdrop . In cryptocurrency space we must always up to date about promising project. So , when can select between scam projects or not.

[ice098]

Everything goes hard when it comes to money. So if you want to earn money you have to deal with hardwork and patience here in cryptocurrency business. If you have money for trading you have to risk for you to be able to earn in the long run or not. Even joining projects has to do with patience and hardwork.

Earning money is definitely not so easy even if let say its only a small amount and so even earning money in crypto currency. Earning money in crypto takes a lot of investment be it a time, an effort and of course your capital to be able to get even a single token of yours. And also knowing dealing with crypto currency takes a lot of risks thats why i believe that everyone here is a risk taker gambling their hardworks to get what they wanted.

[Captain Corporate]

 The thing about making money is the weird situation where you are trying to make money with money and that is of course very hard. If we were trying to just build something like a product and try to make it low cost to build and sold it, it would have been easier to "make money" in logic, because we are building something and selling it and as long as you can scale and find buyers you could make a profit from it forever, it is simple in logic. Obviously it is hard to build something that everyone would want to make a profit from, which is why not everyone is a product manufacturer but the logic is simple.

 Here however, the idea is we are trying to make money with money, so we put our fiat into crypto, we buy some stuff and sell some stuff and in the end we want to take out more fiat, we didn't created anything, we didn't built anything, we just hope that the thing we buy becomes more valuable and that is sometimes quite tough to do.

[Inkdatar]

That is true , but not 100 % true. For example people who get easy get a lot of money from UNISWAP airdrop . In cryptocurrency space we must always up to date about promising project. So , when can select between scam projects or not.

In this industry we also have to be up to date on what's new and what are those promising project. Everything needs hard work and patience not only in crypto currency as well in other platform. Also scam is everywhere so you should do also a research about the project. So there’s no easy money you have to work hard for it. And of course know first the risks for us to understand and can earn money in crypto.

[bonjouros]

Yeah, I fully agree with you even if there are genuine bounty campaigns out there we still need to do some effort in order to find them and work for it in order to get a better share of the bounty allocation and for airdrops, the chances that you can earn a decent money from it is only 1% out of 100% so it is very difficult to find or look for even if you  are going to join decent amount of airdrops.

[Jateng]

It depends my friend, depends on your strategy, on your capital, and on your patience, Of course, I belive trading doesn't make you rich but If are part of a good project and they give you some token before it goes to any exchange, or you are a private investor of some hot ICO , you can sleep in a tub of gold coins!

It's hard to find the project like that. In 3-4 months, you can only find 1 good project out of bunch of project in bounty section with high reward. It takes a lot of time in learning the proper way to invest and trade in the market and even in joining bounty campaign. You cannot just join them quickly, you also need to make research about it. There's no shortcut in earning money here. You can be scam and possibly lose all ot your money because of greediness.

[totoy4741]

Definitely no easy if you are a newbie and know nothing completely in crypto but if you have been in the business for awhile and have some skills that suit in crypto then market will be easy for you. Just a little bit of experience and knowledge would bring you far in the crypto world.

[sangjoewara]

Definitely no easy if you are a newbie and know nothing completely in crypto but if you have been in the business for awhile and have some skills that suit in crypto then market will be easy for you. Just a little bit of experience and knowledge would bring you far in the crypto world.

Yes, experience and knowledge are needed by everyone to be able to walk in the crypto world, because the crypto world is a world full of risks and even many people have experienced losses in crypto but not a few have also gained profits through crypto.

[vSliceDev]

It's not easy to make money in general. People who believe in free money in general are quite naive. Crypto projects should be valued by their fundamentals and the potential coming from real life use cases - not by the promises of easy money.

[themohit]

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.

Happy to see those kind of messages here and there on the forum and across all platforms where crypto discussion is.
There still is a ridiculous amount of people that are not totally aware what crypto is and can easily fall for "obvious" fraud scheme with "get 145% profit in 2 hours" type of message

[Paycoinzzz]

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.

It is only half true, because when the market has a new trend, the shit project can still turn into gold. Take a look at this defi trend, there are a lot of scam projects called Defi project and still invested a lot from dream investors, then it is still listed on Uniswap and the price is still rising, for example YFIE and YAZ.
I can say that money is easy to make in this financial market, but you need to know how to pour money and put in the right effort at the right time to be rich.

[TopTort777]

Looking on how people got rich from uniswap airdrop (some guy received about 2 millions us dollars), making money in crypto might seem easy. But in reality, it is a complicated combination of luck, research, skills and “flair”.

Only few have all set of this components, other only believe they have all.

[Aqcizromencez]

Of course, it's not easy to make money in crypto if we don't know how, and in fact we would lose money easily if we had no experience. if you have the talent to trade grow your talents it will be easier to earn money.