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Author Topic: It is not easy to make money in cryptocurrency  (Read 10335 times)
kenelmark
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January 02, 2021, 11:24:53 AM
 #581

Even I myself fail a lot in making money in the crypto market. Failures, lessons learned and market capture will reduce my risk, Besides, patience helps a lot in making money in the crypto market.
Not only yourself, but some people who are looking for money through the crypto market have experienced failure even once, because basically everyone is always required to try their best.
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January 02, 2021, 04:26:21 PM
 #582

Even I myself fail a lot in making money in the crypto market. Failures, lessons learned and market capture will reduce my risk, Besides, patience helps a lot in making money in the crypto market.
Not only yourself, but some people who are looking for money through the crypto market have experienced failure even once, because basically everyone is always required to try their best.

Even when you go outside of crypto, each and every person that you can encounter have experienced failure in their jobs/activities. It is part of the building blocks on how you will learn the concept and the ideas behind what you are doing. It is not really a bad thing if you think about it. Just let the failure be a lesson, and do your best not to make the same mistake.

As quoted by Sir Albert Einstein, "A PERSON WHO NEVER MADE A MISTAKE, NEVER TRIED ANYTHING NEW"

And also by Sir Edison, "I HAVE NOT FAILED, I'VE JUST FOUNDED 10,000 WAYS THAT WON'T WORK".

HerbertMarcel
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January 02, 2021, 06:26:18 PM
 #583

Yes, It is not easy to make money in cryptocurrency, you should know the crypto market is a big platform, there are lots of fake projects if you see the market promises, the market says it gives you more then you want, but practically it's too hard but it's possible if you chose the right project with your creativity and experience then obviously you will make money off this platform.
Especially you need to know how to trade and invest this platform and hold your money & time. I think the time & experience is a big fact to make money in cryptomarket.

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January 02, 2021, 06:30:54 PM
 #584

The fact is projects that are going to be successful will never boost about the success until it's done, I've seen many projects promising investors high ROI but they died a painful death in the end, stay away from any projects that guarantees their success because there is no guarantee in crypto space

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January 02, 2021, 08:28:11 PM
 #585

The fact is projects that are going to be successful will never boost about the success until it's done, I've seen many projects promising investors high ROI but they died a painful death in the end, stay away from any projects that guarantees their success because there is no guarantee in crypto space
now some crypto projects even look quite promising but of course we should be able to see the experiences that have happened in the crypto world, where  2017 there were many projects that had potential in the future but died amidst their development because of the hype that occurs in the crypto world often changes every year so that we cannot determine if a crypto project that is successful in their sales will be able to survive in the future, so it is better for us traders to prefer altcoins or coins which already have a large community in today's crypto world like BNB , eth and bitcoin as a means of investment.

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francois-cooper
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January 02, 2021, 09:28:46 PM
 #586

the safest way to make money in crypto is to buy bitcoin and be patient

Handsome Boy
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January 03, 2021, 01:51:59 AM
 #587

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.

I agree with you, because if we can get money very easily from cryptocurrency, then no one will be poor anymore, because they will switch to looking for money from cryptocurrency, but if you choose an investment that can give you a big profit and of course with a big risk too, then cryptocurrency is the right choice, because only by investing in cryptocurrency you can get a profit of more than 1000% (although the risk is that you can also lose your money).
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January 03, 2021, 02:11:47 AM
 #588

at least we have tried hard to do research in the project and whatever happens during distribution or has been traded is not the power of us all
the most important thing is not to see the bounty or airdrop of the promised allocation
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January 22, 2021, 12:31:48 PM
 #589

I disagree with the OP, making money in crypto is one of the easiest ways to make money. All you have to do is HODL for many years & watch the profit roll in. I’m talking specifically about bitcoin but it applies to most major alts too.

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BlackRexuz
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January 22, 2021, 04:23:30 PM
 #590

It is true that it is not easy to make money in the crypto world what else I don't have experience like me, but I learned a lot on this forum, I got a lot of things on this forum and especially be careful about investing, and it looks like there are no problems but lots of input. I took from several posts that made me have to consider something, how to trade is not arbitrary as a beginner like me, what else is investing in several projects, of course it is full of risks that must be taken, at least I can conclude that looking for money is not easy in the crypto world all of which require technology, sometimes we like to get caught up in trading or fraudulent project projects ..
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January 23, 2021, 04:09:03 AM
 #591

It is very difficult to make money especially from airdrops. I myself have never participated in an airdrop, it's better to join the bounty.
Because for me the current airdrop is just an indirect fraud with the lure of a large fee, for me it's just a trick.

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Shubh7668
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January 23, 2021, 01:46:16 PM
 #592

Yup mate
Not only in crypto it's hard to earn money everywhere..
But earlier most of the airdrop were genuine but now many of them are fake
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January 23, 2021, 01:53:47 PM
 #593

Yup mate
Not only in crypto it's hard to earn money everywhere..
But earlier most of the airdrop were genuine but now many of them are fake
Yes I agree with it making money isn't easy whether it is in crypto or in Fiat making money isn't easy.
Both takes time and risk if you want to earn whether in crypto or Fiat.
We just find it much easier to earn in crypto or internet because we have good knowledge and easy to search on it compare to Fiat.

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January 23, 2021, 01:59:54 PM
 #594

It is very difficult to make money especially from airdrops. I myself have never participated in an airdrop, it's better to join the bounty.
Because for me the current airdrop is just an indirect fraud with the lure of a large fee, for me it's just a trick.
Are you sure in 2017 you never joined the airdrop? very unfortunate bro because at that time the airdrop was really very crazy in giving rewards to participants, in contrast to the current airdrop which was 99% just nonsense
Yes, it is. in 2017 we can make a lot of money even with just airdrops. and I think those beautiful days will never be repeated. There are several factors that determine it, such as increasingly complex regulations and also the number of scam projects at the end of 2017 that make crypto have a downside
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February 05, 2021, 07:46:07 PM
 #595

If it was that easy then the entire world would be pouring their money here. Making money is never easy. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is almost 99% fraudulent. You really are 100% correct. So it is better not to waste any time by haunting drops. No guarantee for earning money but I am giving you the guarantee for wasting time if you haunt this kind of drop. It is never too easy to make money in cryptocurrency.

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February 06, 2021, 12:55:30 PM
 #596

While I fully support airdrops as part of the marketing plan of any cryptocurrency, I still think that the drawbacks of attracting a large crowd of airdrop hunters may bring negative results. I admire projects that created communities from their airdrops and created passionate supporters and faithful to the cause. But these are not many and usually the teams are making mistakes.
It should be selecting who will receive the airdrops instead. In the model of Uniswap, which was an airdrop given to the users of this exchange. Or in the model of Bomb Token and later Xio. It selected participants of the airdrop and didn't give to spammers. The result of both these two was airdrops worth thousands of dollars. However Uniswap was not announced to users and the rest platforms are in speculation today of giving good airdrops.
On topic again, I don't even read the airdrop price as it doesn't mean anything. I have received airdrops without any worth only to find years later they were worth something, as in the case of BitSong which paid $20 lately. This was a token I received three years ago and it was worthless until recently.
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February 06, 2021, 01:22:43 PM
 #597

It is truly not easy to make money in the world of cryptocurrency knowing for a fact that it is also a gamble game that you also need strategize in order to win but seldomly getting lost on it is high possible that is why you also need to be wiser. Keep in mind that anything in this world is not easy to get most especially money because you need to do more hardwork.

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February 06, 2021, 01:27:12 PM
 #598

It is truly not easy to make money in the world of cryptocurrency knowing for a fact that it is also a gamble game that you also need strategize in order to win but seldomly getting lost on it is high possible that is why you also need to be wiser. Keep in mind that anything in this world is not easy to get most especially money because you need to do more hardwork.
of course, even in the crypto world things don't seem instant. only a few lucky people can experience making millions of dollars in no time. But I think most people will still feel how hard it is to understand the market to make a profit.
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February 07, 2021, 09:46:13 AM
 #599

Of course it's not easy, if it's easy then everyone will win. There were opportunities at the start and people felt that earning a lot of money with cryptocurrency was easy. Hence, people who don't know much are flocking to cryptocurrencies. The scammers, realizing it, don't want to miss the opportunity to scam people and it becomes difficult to make money with cryptocurrency. So the truth is that scamers can easily make money from fraud in this cryptoqurrency space.

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February 07, 2021, 10:06:41 AM
 #600

It is very difficult to make money especially from airdrops. I myself have never participated in an airdrop, it's better to join the bounty.
Because for me the current airdrop is just an indirect fraud with the lure of a large fee, for me it's just a trick.
It's not something new if airdrops offer a big lure because most airdrops only want lots of people to join telegram and have lots of followers on twitter and like you said if it's better to join the bounty
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