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Author Topic: It is not easy to make money in cryptocurrency  (Read 10249 times)
Thesaintplague
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October 30, 2020, 10:24:12 AM
 #441

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 ±$1000. How luckiest they all.
Yes, and many of those who received these free 1000$+ will say that it was easy. It is, but something like that happens once every 5 years, maybe even once in a lifetime.

By the way, the second airdrop from Uniswap is expected, but for this purpose it was necessary to use the exchange until September 1 as well. 

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October 30, 2020, 10:52:32 AM
 #442

Yes, and many of those who received these free 1000$+ will say that it was easy. It is, but something like that happens once every 5 years, maybe even once in a lifetime.

By the way, the second airdrop from Uniswap is expected, but for this purpose it was necessary to use the exchange until September 1 as well. 
Until Sept 21? It is ended already. But anyway, wish that I could get another airdrop if uniswap wants to promote their exchange again. I missed the first one, I don't have any tx that time that's why I didn't get it. And yes OP is right, it is hard to make money, a lot of campaign in this forum now but only few will pay you, or only few will pay you in correct amount. It will deprive your sleep as well.

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October 30, 2020, 11:09:57 AM
 #443

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.
There are a lot of option. You need to be smart in your choice to understand first crypto Market. Pick the best coin with so much potential. I mean holding altcoins become old, why hold when you can invest and earn more of it. There none can guide you but yourself.
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October 30, 2020, 11:17:07 AM
 #444

Getting money in crypto is not easy. The amount of risk that exists is enough to make big doubts. Time wasted. But the chances of getting better results remain. One of them is trading, but still requires time and good skills.
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October 30, 2020, 07:46:26 PM
 #445

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.

Cryptocurrencies holding time here is the main problem. It all depends on your luck, skills and intuition. Take, for instance, October 2020, when Bitcoin was going up and down, and the difference in its prices were over a thousand. Many guys managed to trade it and get profits.
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October 30, 2020, 11:27:42 PM
 #446

if you are not hard worker then you cant earn money in every sector.so that in crypto, same think happend. if research about porject which is you plan to invest or marketing then you can understand is it good or bad. so i think need to research  & earn knowledge about crypto is the most important part to makes money.

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October 30, 2020, 11:39:33 PM
 #447

how tiring in light of the fact that you give quite a bit of your time and exertion so as to go along task and to join any open doors every day so as to acquire and make it hard likewise in light of the fact that a portion of the open doors are not income but rather scams. We joined reasoning and sentiment of the opportunity to get acquire, regardless of what it is the thing that the significant is we didn't invest cash. A ton of scams are here that is the reason we have to investigate and concentrate first the project that we will join

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October 30, 2020, 11:46:24 PM
Last edit: October 31, 2020, 09:05:37 AM by tracyhayley
 #448

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.

is that Real ? you still can find it in 2020 ? i can't find any bounties that will pay me thousands of dollars in a single bounty. even after i did some research about the projects carefully and triple checked about their projects. i just know about UNI airdrop that give you more than $100. maybe there are some bounties that pay you hundreds of bucks, but the chance are low.

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October 30, 2020, 11:58:42 PM
 #449

You are absolutely right, it is not that simple as it looks to make money on crypto especially if you are a newbie.  Anybody promising you 2x, 3x in just a week is gambling and you will return it back the way it came. Learn the fundamental and technical for a guide in making choices as against relying on YouTubers that are making money for themselves.

Thesaintplague
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November 03, 2020, 10:55:14 AM
 #450

Until Sept 21? It is ended already. But anyway, wish that I could get another airdrop if uniswap wants to promote their exchange again.
By the way, recently was announced an airdrop from Bitpif, and to get it, we had to trade on Uniswap until September 1. And again we get nothing. This time, the amount of awards a little more modest - about $4.

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November 03, 2020, 11:26:04 AM
 #451

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.
so you make money from trading and used the money to invest on altcoins? that's your fault, you could have take some profits and invest the rest on top altcoins like ethereum or litecoin, this will give you more confidence than investing on new altcoins, adjust yourself

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November 03, 2020, 11:50:17 AM
 #452

Making money in cryptocurrency is not easy,
 Many big traders lose their capital and sit on the road to trade.
 Because big whales control the market.
 So you can't be greedy without understanding but you have to know the details about the market and cryptocurrency first.
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November 03, 2020, 12:41:13 PM
 #453

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.
so you make money from trading and used the money to invest on altcoins? that's your fault, you could have take some profits and invest the rest on top altcoins like ethereum or litecoin, this will give you more confidence than investing on new altcoins, adjust yourself
Did you not do research before? like the basics of investing? if it's investing on altcoints, it depends on the ability to pick the good one. holding altcoins isn't favourable imo, because the value always decreases mostly. But it's a different story if you have the ability to analyze a new altcoins, you might be able to get multiple profits just by holding it, if you're lucky you can definitely get top tier projects at lower prices at the presale.

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November 03, 2020, 12:47:41 PM
 #454

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.
so you make money from trading and used the money to invest on altcoins? that's your fault, you could have take some profits and invest the rest on top altcoins like ethereum or litecoin, this will give you more confidence than investing on new altcoins, adjust yourself
Did you not do research before? like the basics of investing? if it's investing on altcoints, it depends on the ability to pick the good one. holding altcoins isn't favourable imo, because the value always decreases mostly. But it's a different story if you have the ability to analyze a new altcoins, you might be able to get multiple profits just by holding it, if you're lucky you can definitely get top tier projects at lower prices at the presale.

Choosing a coin is like choosing a good partner, you have to do a lot of research to determine whether it has the potential in the future. Always invest in a project that you really is interested, you have to familiar of how it can be used and solve a certain problem. Most good coin do not easily reach it highest peak, it takes a lot of time to developed and established a project. Real coin has a good concept project, it has to be appealing to the market. So before choosing a coin to invest in, take a long period of time to read and research about the project you'll be in.
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November 03, 2020, 01:27:37 PM
 #455

I have some experience joining bounties from the most recent years and I never had such experience where I got a fix rewards dependent on the designation given by the abundance supervisors and I accept nobody here has that experience either. This is genuine bringing in cash in crypto is truly difficult, how tiring in light of the fact that you give a lot of your time and exertion so as to agree task and to join any open doors every day so as to procure and make it hard additionally on the grounds that a portion of the open doors are not income but rather tricks.
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November 03, 2020, 01:40:47 PM
 #456

Sometimes it is easy to make money in crypto market. And that is a very dangerous part of crypto. People can make money from some coins a few times, and then they think that it is always very easy to make profit here. then they start to loose much more than they've earned.
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November 03, 2020, 01:50:59 PM
 #457

If you are bounty hunting then definitely it is definitely difficult to earn money but if you are investing in cryptocurrencies like those major coins in the market like btc, eth, xrp, bch and other crypto then you can earn more than those in the investment of real estate properties. However, it is a high risk form of investment and this is only good to people who are good in handling investment and does not get too emotional when putting money exchange to cryptocurrency.
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November 03, 2020, 01:58:37 PM
 #458

If you are bounty hunting then definitely it is definitely difficult to earn money but if you are investing in cryptocurrencies like those major coins in the market like btc, eth, xrp, bch and other crypto then you can earn more than those in the investment of real estate properties. However, it is a high risk form of investment and this is only good to people who are good in handling investment and does not get too emotional when putting money exchange to cryptocurrency.
Yes doing bounties these days i will say that its the most difficult way to earn money, its not just as the old days were money is too easy to earn when joining bounties.

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November 03, 2020, 02:05:40 PM
 #459

It's not easy nor it's not hard to make money in cryptocurrency too. Well it depends on how to work hard you are, how wise you are will determine if it's easy or not to make money in the world of crypto. Just be patient and work hard when you're doing bounty or airdrop to make money. When investing you need to be careful and not greedy enough to gain the same goes with trading. So it all depends on your perception. Smiley
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November 03, 2020, 02:21:57 PM
 #460

It's not easy nor it's not hard to make money in cryptocurrency too. Well it depends on how to work hard you are, how wise you are will determine if it's easy or not to make money in the world of crypto. Just be patient and work hard when you're doing bounty or airdrop to make money. When investing you need to be careful and not greedy enough to gain the same goes with trading. So it all depends on your perception. Smiley

I am not sure whether to go with the "not easy" part or the "not hard" part. So what is it really? It's not easy and hard, so it's in the middle of being easy and hard which is normal? I guess? What do you mean that one needs to be wise? I am not sure buying 2 pizza's with 10000 bitcoins was a wise decision at the time. One became a millionaire because he bought bitcoins when he received 1000 dollars as a gift. Having courage to take risks? Yes. Being wise, not really. No one predicted that bitcoin would accelerate then to the levels we are seeing now. No one will be able to know all 2000+ coins and tokens cause it is almost impossible to digest such vast information. For me investing in cryptocurrency and doing day trading is all about calculated risks. Let's be real, working hard in bounties and airdrops will only give you a few bucks. Do bounties that pay in Bitcoin and the top alts would be preferable than spending 10 months in a project that would give you hundreds of thousands of their token that worth 2 dollars. Don't work hard, work smart and you will go places.

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