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Author Topic: It is not easy to make money in cryptocurrency  (Read 10336 times)
Jeger.Kiting
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October 20, 2020, 03:25:06 PM
 #421

If someone has good experience in their field, it will not be difficult to find money income, plus if you have the ability to make designs to create websites or related to Cryptocurrency it will make it easier for you to earn income without you having to follow bounties or trade on exchanges ..
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October 20, 2020, 08:22:25 PM
 #422

For some people, it is easy for some It doesn't , depends on your personality and your character in trading, usually nervous characters would find it difficult to trade, I think they better do bounty programs or go find another job out there, cryptocurrency comes with risk and the higher profit comes with bigger risks ...

Not all people can trade cryptocurrency. To do this it is necessary to have experience and know the market good. Another way is to hold tokens and earn money on staking. But it is necessary to choose the most promising coins for staking to earn passive income. Here is article about different kind of staking systems https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc
And I think that you need to make money in all these two directions. For me, cryptocurrency and trading are like a single whole. Staking is an investment in a worthwhile coin for a stable income.
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October 20, 2020, 09:11:36 PM
 #423

It is true that making money in crypto is not easy if we do not have the skills to do much. If you can learn about crypto and spend time learning more about crypto, I think you will have a chance to make money. You need to study for what you want to do, so that you know what you should do and have a plan to reach your goal. Remember, the ones that make easy money are dealing with illegal or dirty business.

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October 20, 2020, 09:50:15 PM
 #424

In every investment, project or even on the business there is no easy way for us to earn money. All is needed hardwork to see a good result here in the crypto you just need a lot of patient so you can be able to see a good outcome after few months or if it's long will takes fee years but it is really worth it in. Many people are expecting once they said investing to crypto is very easy but behind that you need research and capital for investing and also it has risk to lose your money.
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October 20, 2020, 10:13:27 PM
 #425

you are very right about this. It seems easy but it's not easy. It involves a very high risk. I lost a lot of money. I'm just picking up. I do not recommend it at all when my close friends ask.
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October 21, 2020, 10:22:18 AM
 #426

In the crypto world, many found fraud. It’s not just beginners, old players can be fooled. Sometimes it’s a big profit with a 50% or 100% return, it has to be on alert, and we better not get involved there, because it’s prone to fraud. In the crypto world, it is not easy to earn money. Especially for beginners who know little about crypto.
But maybe for some people, it could easily get money in crypto. Maybe the person is already proficient, whether in trading, investing, or looking for bounties. But it all needs a lot of time. Even an expert must have experienced fraud.

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Hovarda
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October 21, 2020, 10:31:17 AM
 #427

It's a very fair thought. The world of cryptocurrencies is very new and at the beginning of development. Prices are highly variable and there are many currencies and problems to track. We have to devote a lot of time and follow the developments in order to do this job. In other words, this work should be followed more seriously and professionally, not for amateurs.
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October 21, 2020, 10:37:01 AM
 #428

I have some experiences joining some of the bounty campaigns before and I can say it is not easy to earn money. Since there are many new projects these days you have to search which is okay and has a bright future to join.  Also these days there are many airdrops so you already knew a lot of fraud projects and you knew what to do before joining.
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October 21, 2020, 11:38:13 AM
 #429

In my opinion Cryptocurrency should be for all and not just for professional traders and investors. But don't get me wrong, those who are well adapted and well knowledgable even if their equipments and method seem amateurish to others. Maybe the good person here maybe describe to us what he think as amateurish behavior and amateurish methods as to call them incompetent and incapable of being traders and investors of cryptocurrency.

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October 21, 2020, 12:03:42 PM
 #430

It's not easy to make money in cryptocurrency. But in cryptocurrency, we can make money doing the easy things to the difficult things. The most important thing is to be patient and don't focus on just one place. Because making money in cryptocurrency, there are many ways. That's what we have to do.

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October 21, 2020, 12:13:40 PM
 #431

Some has been lucky to make money out of cryptocurrencies, but following them if we try the same we'll not get the same. We need to know the market situation and make the investment or else we need to have the patience to make money holding for a longer time period.

One of my friend without any knowledge about cryptocurrencies randomly picked a coin from coinmarketcap and bought for about $500. Within few weeks time he got a profit of more than $14000, which is pure luck. Later when I saw the same after few months of time, the coin is being delisted.

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October 21, 2020, 12:34:54 PM
 #432

It's not easy to make money in crypto space and it's even worse if you have no one to guide you through, you will have to beat about the bush before you find your way and money can be lost in the process, the best tools of making money online is learning, before you go into something new always do research first, doing this will safe your time and energy and even your money too
Learning is the main rules to make money, how we can't get money if we don't have knowledge how to earn it. But, luck is important too in crypto earning. Like last month, every crypto who trade in Uniswap before 1st Sep get free UNI Token worth ±$1000. How luckiest they all.
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October 24, 2020, 03:18:59 PM
 #433

Making money in every sector is not so easy. It takes some time to gain experience and that experience comes with knowledge about that sector. It's same with this crypto space too. Of you don't have enough knowledge and experience about this space it will be hard for you to make money or gain some profits. That's what happens with new comers. They don't think about investment or the knowledge about the knowledge. They just. Invest and most of the times they end in scams or in loss. That's it.

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October 24, 2020, 03:30:38 PM
 #434

It's not easy to make money in crypto space and it's even worse if you have no one to guide you through, you will have to beat about the bush before you find your way and money can be lost in the process, the best tools of making money online is learning, before you go into something new always do research first, doing this will safe your time and energy and even your money too
Learning is the main rules to make money, how we can't get money if we don't have knowledge how to earn it. But, luck is important too in crypto earning. Like last month, every crypto who trade in Uniswap before 1st Sep get free UNI Token worth ±$1000. How luckiest they all.
If such a problem I don't think needs to be taken into account because we never know what is getting. and I think it's just a bonus not from an effort that we deliberately do.
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October 24, 2020, 04:14:34 PM
 #435

Well, that's true, it's not easy to get money from crypto, it takes a lot of effort and a little sacrifice of money, when plunging into crypto, surely we all feel that the name is subject to a scam project or invest site, at least for those who have been in crypto for a long time, there is a vision that it's not easy to get money with cryptocurency, if someone says it's easy, maybe that person has experience from buying and selling coins, you can analyze or someone who is just getting involved

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October 24, 2020, 06:08:07 PM
 #436

People always look for the opportunity to get some free money. If a airdrop offer big amount for simple task then obviously it is fake. Though people try for those muchly. I have seen few airdrop says they will give high amount to the participants. But when the distribution time comes the price of the token drop so much. And it become worthless.

~snip~
Crypto is not like gambling. If you have proper knowledge with crypto market then you will gain profit surely in long term. But gambling will make you loss. So try to analyze the crypto price movement.

R


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October 29, 2020, 11:42:47 PM
 #437

That is definitely obvious and it truly requires some investment to bring in cash here in cryptocurrency. However, I realize a few people believe there's free and easy money here which is absolutely a misinterpretation. I likewise believe that airdrop currently isn't justified, despite the potential benefits any longer on the grounds that the majority of the symbolic you can get in the airdrop is useless or at times is a sh*tcoin. Concerning the bounty campaign, I surmise there's as yet a project where we can increase good benefit however the rest will get an opportunity that you will procure nothing. In the event that you are truly intrigued to bring in a good measure of cash, figure out how to do legitimate trading and investing or attempt to learn or improve a few abilities like programming.

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October 30, 2020, 08:07:16 AM
 #438

People always look for the opportunity to get some free money. If a airdrop offer big amount for simple task then obviously it is fake. Though people try for those muchly. I have seen few airdrop says they will give high amount to the participants. But when the distribution time comes the price of the token drop so much. And it become worthless.

~snip~
Crypto is not like gambling. If you have proper knowledge with crypto market then you will gain profit surely in long term. But gambling will make you loss. So try to analyze the crypto price movement.
Stocks weren't like gambling, but cryptocurrency is something similar to gambling in one point of view. This is being stated based on the growth pattern and the prediction possibility. Even the experts can't make a precise prediction about the market same as that we see with stocks. This is true and it makes bitcoin to be similar to gambling. You can see lots of success stories out of cryptocurrency than stocks, and that too with people who aren't with good knowledge to predict the market moves.

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joseyphil82
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October 30, 2020, 08:21:07 AM
 #439

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.
Really? There are many Airdrops that have paid good amount of money years back and even this 2020, it's about how good you are at analysing projects, it's same answer for bounties too, atleast I've seen bounties that pays Bounty Hunters thousands of dollars this year, it's all about how good you are at choosing these projects mate.

yangongear
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October 30, 2020, 08:44:48 AM
 #440

I think it's even harder to keep money. I used to make a lot money from trading,  It was many times higher than the income from the main job, but easily lost it later when holding altcoins. There are many ways to monetize crypto, but you have to learn how to keep money first.
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