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Author Topic: It is not easy to make money in cryptocurrency  (Read 10252 times)
deathcode
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September 28, 2020, 03:11:38 PM
 #281

That is of course. If it was easy, everyone in the world would join in cryptocurrency in short time.
We need to have knowledge in crypto so we can earn and make money with it, either in trading, investing, mining, etc.
Particularly when investing, we must have time to research about the crypto project first before we invest on it.
well, only that way we all as investors can get various kinds of information that can be used for consideration to find out whether a coin is good and has the potential or not because of the success of a development on the platform, for example when the Binance exchange platform was the first to provide BNB's offer is still very cheap, but after being able to last until this second, the price is very expensive because it gets a lot of support from investors.
getting that information seemed difficult too. even to make sure we are given the information will be difficult. investor confidence can only occur when there is clear evidence of movement and renewal of the real work of the platform. when just starting from a new project, I thought it would be really difficult to get outside investor support.









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Cekerula
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September 29, 2020, 08:55:10 PM
 #282

I admit to not having a broad knowledge of crypto, but I do know about money. If you have a wide range of knowledge, it will feel easy to earn money in the crypto space. I advise everyone who wants to be successful in crypto work, study first before dreaming about making big profits or even getting rich through crypto investing.
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September 29, 2020, 09:14:02 PM
 #283

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.

If your lucky you could sometimes get a good amount in airdrops but not all the time its something that you could make a profit. Investing in cryptocurrency is a good way to earn a profit for a lot of people and investors. But we know that investing in cryptocurrency still has its risk so you need to be risky to lose your investment all the time as the market price is volatile so there is always a chance to lose your investment. So it's not easy to invest or earn a profit even though investing could earn you a big amount just remember to not be greedy because a lot of newbies fall in this method.
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September 29, 2020, 09:22:47 PM
 #284

I also think that the time were money was made easily with cryptocurrency is over for a few years now. It is still possible but way harder to find a real good project out of all those scams that occur everyday.
But i also don't think that it was easy as an early btc investor, i mean it wasn't clear at all that BTC would become so popular.
So everyone who invested like 1000$ ten years ago or so, really deserves to be a millionaire now.
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October 01, 2020, 04:27:32 PM
Last edit: October 01, 2020, 05:39:05 PM by sayam
 #285

Many people think that it's very easy to earn in crypto. So without checking anything they do invest in the wrong place. Moreover, most of the airdrops & bounties are fake. So we can say it's not easy to earn here rather very difficult. Furthermore, investing in crypto is a riskier task.
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October 01, 2020, 05:43:23 PM
 #286

I think, making money in general is not easy. You need to understand and know the principles of making money and what are the do's and don'ts of making money. These principles cut across every aspect and path of making money. Nothing is smoother in the process of making money let alone making money in the cryptocurrency ecosystem.

As for me , just follow the hype and you will get that once chance to earn good . For eg, Defi was hyped for some time now and uniswap being one of the top defi platforms . if you had just tried it out , you would be richer by 1200$ (when the airdroped) Smiley
How would we know that snapshot will take before last month? In this current situation, this airdrop is a very high reward. Everyone is trying to buy some DeFi tokens but scams are now available. Could you suggest any DeFi project to invest in? Actually not because this DeFi hype is already taken by some scam projects. The old DeFi coins prices are high, definitely is now my choice.
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October 01, 2020, 07:21:18 PM
 #287

Making money is easy for someone who have deep knowledge and experience in that field so the same goes here, if you got skills and experience there are lot of options available for you to make money but don't expect the free money which happens very rarely and not everyone can get it.The one good example is UNI airdrop, no one expected that airdrop but it happened all of sudden.

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October 03, 2020, 03:16:54 PM
 #288

If you are referring to rewards from airdrops and bounties, then indeed it is hard to earn in cryptocurrency. Unlike the previous bullrun that every bounty I join distributes big amount of crypto from the rewards stakes, now the amount distributed is very small. Not even worth the effort you put in doing bounty tasks. That is  why I moved into trading to have better and greater rewards.

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October 03, 2020, 03:49:42 PM
 #289

yes, crypto is not an overnight get rich scheme and it is not easy to make money in this industry. but now i am starting to try trading for real profit even though it is not big because i am new as well as investing top altcoins for the long term.
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October 03, 2020, 05:19:16 PM
 #290

In any case, earning money is not an easy task. Making Money requires  hard work and pursuit. Now a days, many airdrop will tell you that you only get 50-100$ for referrals but most of these are fake.
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October 03, 2020, 05:23:50 PM
 #291

It's rare you can find an airdrop where you can earn $100 and above. It's easy to earn in cryptocurrency if you have the skills and you can compete with other in terms of service offering it's just a matter of luck and hard work.
amos77978
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October 03, 2020, 05:38:58 PM
 #292

for me I think it is more easy for me to loose money while engaging in cryptocurrency than make money.. and the fastest ans safest way to make money while in the crypto space is By engaging in giveaway campaigns
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October 03, 2020, 07:21:40 PM
 #293

The idea of having an easy or instant money in crypto is the most common misconception that people are having ever since. They thought that getting engage into the crypto industry will already give them that opportunity to earn instant money that in the reality is not true because earning money through crypto do still need to exert an effort on finding a good bounty that is legible, reliable and of course payable based on the type of work that is asked you to do. Trading and investing in crypto do also the same thing. It takes a lot of research on seeking potential coins that is profitable for investment or trading and it will take time and patience for you to earn on it. Actually the thinking of having instant or easy money is already wrong for there is no such thing that is instantly earned money or not for you will need to exert any amount of effort before you can attain having it on your hand.
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October 04, 2020, 11:58:26 PM
Last edit: October 05, 2020, 12:12:55 AM by nikki4
 #294

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.

If your lucky you could sometimes get a good amount in airdrops but not all the time its something that you could make a profit. Investing in cryptocurrency is a good way to earn a profit for a lot of people and investors. But we know that investing in cryptocurrency still has its risk so you need to be risky to lose your investment all the time as the market price is volatile so there is always a chance to lose your investment. So it's not easy to invest or earn a profit even though investing could earn you a big amount just remember to not be greedy because a lot of newbies fall in this method.
We can decrease only the scan percentage but never finish. That's a big problem not to earn easy money. You can minimize scam projects. Invest in different new projects. It's means don't fill up your bucket with one coin. Probably this way money making is easy in cryptocurrency.
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October 05, 2020, 01:01:33 AM
 #295

Everything is not easy if we hope to get something big, it all takes time. It remains for us to continue to study diligently and try even though it is difficult. Cryptocurrency is tough for that but believes me, there must be a way.
There's a way to earn in crypto but its not going to be quick and easy.
We need to exert an effort and have lots of patience.
Some crypto enthusiasts prefer to have a capital for starting.
But if you're determine to start from nothing, you can use your skills as a stepping stone to earn here.

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October 05, 2020, 01:04:09 AM
 #296

Airdrops of ones own coin is a way to spread awareness to the masses, but as far as giving out wealth you would be better off giving out cash, or bitcoins.

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October 05, 2020, 03:07:07 AM
 #297

Making money in cryptocurrency is not easy it requires a lot of perseverance and knowledge success is not possible without adequate knowledge of crypto. There will be a lot of risk in every job it is possible to make money by investing but you have to wait patiently for it. You have to try to make money using your skills and move forward with faith in the work.
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dont be greedy


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October 05, 2020, 03:47:26 AM
 #298

Did you know, there are many ways you can get money, but you are just: "jack of all trades master of none", so this is what makes you feel confused about where to dive and focus. Then pay attention to the people who follow the signature campaign from Chipmixer or BestChange , participants always make posts that are very useful, educational, meaningful and very systematic so that readers can easily understand them and are happy when reading the posts.

They did this long before they were recruited by the campaign manager, and what they did once they got enrolled in the campaign was continue what they did before. That means, the participants in the signature campaign are people who focus on contributing to this forum. And they get paid for their contribution every week.

We accept users Sr. Member and above into this campaign with the following payrates:

 - Sr. Member, Hero Member, Legendary and Staff = 0.00075BTC/post

Rules:

1. We will pay a maximum of 50 posts every week. Posts will not be rolled over, and there is no minimum number of posts.

Before entering the campaign, they provide education without expecting money, but when someone is interested in paying for it to post on the condition that they place a Signature Code, the forum contributor gets paid 0.00075 BTC for one post only, or the equivalent of $ 7.5 for one post. The feedback from the campaign organizers is that they get an honor for their services who helped build this The feedback from the campaign organizers is that they get an honor for their services who helped build this forum to be even better by giving awards to quality posters.
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October 05, 2020, 04:22:12 AM
 #299

A lot of people say that it is not easy to make money in crypto currency but i beg to disagree; because it is not easy to make money anywhere in the world.

But if you desire an easy and easier way to make money then crypto currency is for you; as long as you follow the due process and obey the signals and market emotions while avoiding fud and fomo, you are good to go
GreenStox
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October 05, 2020, 08:21:23 AM
 #300

experience is what makes everything look easy, but it's actually difficult for those who have just tried it for a while, no matter what field you have to have experience in order to make money from it.
It apply on all aspect not only crypto.

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