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Author Topic: It is not easy to make money in cryptocurrency  (Read 10252 times)
Insomnia family
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October 09, 2020, 07:16:57 PM
 #321

I only know there is one, namely UNI. And maybe it's the biggest airdrop in crypto history and I don't think there will be any more airdrops like that. Now it's much bigger to enter some contests on social media like twitter and AMA. You can get as much as $ 100 with luck. Earning crypto is much more effective when you are trading and scalping.

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October 09, 2020, 07:33:12 PM
 #322

I agree it is not easy to make money, but if we are smart in analyzing a new project we can get a big prize but this is difficult to find at this time. I hope that in the future there will be even better projects like in 2017
It's hard, yes. But I think it's easier than 2019 or even in early 2020 where everythng you invested on every project is ended up as a scam. I would prefer to invest on this DeFi hype train right now, I know some of the projects are also scams but you can filter those out pretty easily since most of these scammers project are using plagiarized wallpaper and shitty teams composition.
I still am facing problems in earning decent income from the Campaigns, it used to be good back in 2016 when every project used to be a good one and only a few projects used to be scam projects of which the current market is the complete opposite where most of the projects tend to be scam and only a few are good to participate in. And even when we find a good project then the chance of getting good returns is small.

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October 11, 2020, 07:44:48 AM
 #323

The earning is never so much easy how some people or organisation portray as it is. You always need some knowledge to earn or even not go into lose. Mostly those who are new to this crypto space think that this market is full of profit. So they don't want to learn anything they invest as fast as they can. And in most of the cases they are in lose or into scam. So if you really want to invest or earn in this space you should gain some knowledge about this market. Then you will maybe earn some money. That's it.

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October 11, 2020, 08:00:53 AM
 #324

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.

Sure, they are made with the intension of looting people, getting fake or viral publicity for their tokens. The plot is:- Due to cool and trendy looking airdrop more and more people come to that particular project. There is high conversion of people into investors and thus project gets what they want. However, airdrop value doesn't last the same since coin value goes down too when these same investors dump their coins.



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.

Arrghhh! Bounties would be first thing one must study carefully before investing their valuable "TIME". It takes lot of time to get credited and also you need to wait for the coin to get listed which is always ambiguous thing by the way.
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October 11, 2020, 08:05:26 AM
 #325

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's possible to make 200$ and more from Airdrops, even if projects promised a certain value of tokens it's all from the main value of their token, this isn't a dubious move my friend, many airdrops are scam as you said but some are still paying, I'm talking from experience, the reason why many still fall for this schemes is lack of good research, once you understand the difference you will hardly fall for bad projects
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October 11, 2020, 09:40:06 AM
 #326

It's hard, yes. But I think it's easier than 2019 or even in early 2020 where everythng you invested on every project is ended up as a scam. I would prefer to invest on this DeFi hype train right now, I know some of the projects are also scams but you can filter those out pretty easily since most of these scammers project are using plagiarized wallpaper and shitty teams composition.
About defi I can say that investing now or not investing is everyone's business. If you invest, then be extremely careful, because there are a lot of scam projects now.
Making money on cryptocurrency is not easy, but possible. You need to define a working strategy for yourself and adhere to the rules, then you can get income. It is very important to determine for yourself whether you get more income from trading or from hold. Based on this, you can build your strategy.

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October 11, 2020, 02:31:59 PM
 #327

You are right.
Fake is everywhere.
Many project break their promise.
That is why it difficult to make money by crypto-currenc.   
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October 11, 2020, 02:38:01 PM
 #328

Now it may really be much harder with all the projects down from their ATH prices, but isn't the bear market the time to accumulate and prepare for future pumps?

As a matter of fact it used to be very easy to make money in cryptocurrencies. Probably the easiest thing ever was to buy Bitcoin and then claim every single fork and sell it right away. BCH, BTG, BSV... If you also claimed BTC -based airdrops like stellar or MWC you were able to make even more money.

It did not require any additional investment just watching new projects and claiming them.
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October 11, 2020, 02:42:41 PM
 #329

I have seen many people come into the crypto space with the mindset to make millions overnight but was disappointed because millions refuse to come, most of the time these people fell victim to scams because their expectation is on the high side, irrespective of the field we found ourselves, making money does not come with ease, it requires hard work and perseverance, everything that looks too easy at times might end up being a scam.

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October 11, 2020, 03:01:13 PM
 #330

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.
Judging from your post it shows that you are new to crypto space, if I tell you that I've make more than 2000$ from bounties this year will you believe me? To earn money from crypto apart from investing money you still need some skills, learn how to do research, learn how to avoid scam projects, the fact is Airdrops and Bounties still pays, if you carefully pick new projects you will have success results than failures

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October 12, 2020, 06:27:23 PM
 #331

I agree it is not easy to make money, but if we are smart in analyzing a new project we can get a big prize but this is difficult to find at this time. I hope that in the future there will be even better projects like in 2017

Some happy guys managed to become billionaires in 2017, and, suppose, this group of people can say it was easy for them. However, they were rich people initially. If you start from the very beginning, cryptocurrencies will take all your time and effort. Besides, much depends on the market situation.
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October 13, 2020, 02:47:26 AM
 #332

Actually it was easy in the beginning of ICO trend back then.
There were many good ICO projects in the past, running bounty campaign and the reward is very decent.
But not anymore nowadays, because people has lost interest of ICO projects because there were many scam ICO projects, sad.

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October 15, 2020, 12:51:10 PM
 #333

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 bounty in here its real, you need to hold for the peak, but airdrop defi clone just another shitshow nothing new

do some bounty here, rather than telegram airdrop out there for fake promising

we re begining of bullrun beware of shitshow dont lost all your money trading defi clone

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October 15, 2020, 12:56:02 PM
 #334

Make money from this space is just not about bounty and promoting projects, there's a lot of way that you can use. for example is when you try to make investments, or make some good articles for press releases

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October 15, 2020, 02:05:43 PM
 #335

Earning money is not an easy thing. Present world searches for skill. Besides, every person has their own method to make money. Every platform requires skills. If you have skill then money will come to you, if you don't then forget about money man..

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October 15, 2020, 02:34:56 PM
 #336

Really earning money is not so easy rather it is very hard to catch. Strategy, knowledge, experience, quality, capability etc are required in different situation for making money. A handsome capital may also require for investment from where income may generate. After all, to make money, strategically application of time, money and industry separately or jointly is required.

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October 15, 2020, 02:40:48 PM
 #337

That's right, 2020 is very difficult to make money from crypto. Many airdrop projects, bounties are scam. Unlike 2018, there were many legitimate projects, so I missed them.
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October 15, 2020, 02:44:21 PM
 #338

Remember, one thing that this is 2020 now and none will give free money. You have to work for them or you have to do physical work or whatever the procedure is. I can only say that it is not so easy and not so hard to make money in the cryptocurrency. Do some research then comment. I am a student and cryptocurrency is my only earning way.

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October 15, 2020, 02:44:26 PM
 #339

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 depends on the time and situation usually people entering the top coins right at the start of bull run will find it really easy to make money in crypto market while it is difficult during downtrends and ranging markets. Similarly bounty market is also effected based on overall market conditions.

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October 15, 2020, 02:51:32 PM
 #340

Of course there is no easy to earn unless your money you gambling it but in project and investment or services there is no shortcut all you need is hardwork and patience to see the result. They have big chances that your money will lost or not getting paid but you can decrease the risk of that by doing a research because you can see a lot of details that can imagine if the investment or those coins have good future
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