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Author Topic: It is not easy to make money in cryptocurrency  (Read 10252 times)
ice18
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February 27, 2021, 08:30:44 AM
 #641

OP your statement cannot be applied to some people who have some funds to invest in crypto if you have money worth $1k-$5k and invest you can multiply it to x20 or x50 in just 3-5 months you need skills and be educated in crypto before you enter and make huge profit since its a lot of risk but also a lot of opportunities if you have no enough money to gamble in crypto then you have to work hard first and save a portion of it to invest like most people are doing. 

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February 27, 2021, 10:32:58 AM
 #642

i know people who made fast money in short term and i know people who lost everything in one Moment.

eventhough if you are lucky you will make Profit 😅
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February 27, 2021, 10:35:34 AM
 #643

i know people who made fast money in short term and i know people who lost everything in one Moment.

eventhough if you are lucky you will make Profit 😅
Indeed, here we can get quick profits like using Laverage trading. but you must understand about the risks. remember fast profits certainly have a high risk. if we are still learning in Spot trading and still have not mastered it, it is not advisable to try Future trading because the risk behind it is quite high and this we must understand. and also it requires capital

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February 27, 2021, 11:12:26 AM
 #644

it will depend on how , where you are going to invest your money, its not that hard to earn money in crypto the problem with other crypto investor is that, when they already have profit they wan't bigger reward, greed sometimes stop you from earning, if there is already profit take it don't ask for more a profit is a profit.

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February 28, 2021, 11:20:44 AM
 #645

Its not easy to make money especially with zero fund, try to work on crypto project dont only hoping from airdrop. Even bounty also very hard to give us good payment now. But one thing for sure. I believe if you put your money on the right project you will make a lot of money. I put small investment to XSL Labs hoping thia project will change the way people did KYC for dapps and gives me good return to my investment.

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February 28, 2021, 01:19:46 PM
 #646

Whether it is a cryptocurrency or not, even if there is the capital, it is still difficult to earn and also lose sometimes, especially if you are not interested in the business you entered, and when it comes to crypto, you may have just the wrong project of your investment.  But honestly, there are many ways to make money in the crypto world.  It only takes time and effort, always you need to study and learn first.  Also, remove the thought or craving to earn big immediately because it all starts small.  When it comes to airdrops and bounties, you do not have to join them all, you should also learn to look good and have the potential of projects because many also just end up in scams.

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February 28, 2021, 03:00:42 PM
 #647

A lot of luck is needed as well as good knowledge to make money in this market. Sometimes you cannot make a profit from the money you hold for months, sometimes you can make very good money with a few trades.

It think is more of good knowledge and a little luck  Grin Cryptocurrency Investors most have a good knowledge what you are investing on and not just in crypto but i believe in Investments generally. Is it even wise to start investing in something you don't even have a bit of understanding on, how would you be able to navigate in that space with no knowledge? I believe once you take the time to understand the ecosystem then with a bit of luck you just can make that profit. 

If you want to gain in crypto currency you need to get the knowledge first. Many people start trading without any knowledge and when they lose money, they call it scam. There are people who are making good money from crypto but their success lies in their knowledge and experience.

Unfortunately, the majority of new investors who are purchasing cryptocurrencies have no idea about it. However, for those who are willing to put in a little bit of effort, it is highly possible to achieve profit in this kind of investment. A healthy dose of patience and persistent effort in cryptocurrency trading can help you a lot.
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February 28, 2021, 03:35:25 PM
 #648

Money is not easy to make anywhere not just in crytocurrency .It is only with patience and time that you can be fortunate to have them.The most easiest way to get money in crytocurrency is by Investing in good and solid projects which will give you profit and the other way is by trading where you can also make alot but you have to learn it first.
Indeed it is not easy to make money in cryptocurrency you just to have to be patience and be resourceful in order for us to earn money. Do your own research could help this will lead us to be successful. A lot opportunities to earn money just like in trading the very first step is gaining knowledge of it.
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February 28, 2021, 03:42:29 PM
 #649

Crypto has been the easiest way for many people and investors to make money. But where there is higher chances of profit, there remains larger risks. Crypto is a high risk high reward market scheme. Crypto has also enabled global transfer and use of capital which have played a role in decreasing the gap between interest rates of saving and lending around the world. DeFi are going to make banking much easier and comfortable for people to make more money.


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February 28, 2021, 03:43:12 PM
 #650

Nobody is saying it is easy to make money but it is just easier to make money in Crypto than in any other investment. You have nothing to lose with airdrops you only need to perform certain task, fi the price of the tokens given to you pump hard good luck and if the tokens become useless good luck, likewise bounty campaigns too. It is when you put your money in this projects that you need to start worrying when the prices dumps

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February 28, 2021, 03:46:28 PM
 #651

Nobody is saying it is easy to make money but it is just easier to make money in Crypto than in any other investment. You have nothing to lose with airdrops you only need to perform certain task, fi the price of the tokens given to you pump hard good luck and if the tokens become useless good luck, likewise bounty campaigns too. It is when you put your money in this projects that you need to start worrying when the prices dumps
if in a campaign I don't think there is any need to worry too much. lots of people are already making money from airdrops and campaigns. as well as investing with their money. but when they don't know the market and good assets they will just throw their money away. nothing is easy, but when we want to learn I think making money from crypto is not that difficult. many have proven it.
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February 28, 2021, 03:54:05 PM
 #652

A lot of luck is needed as well as good knowledge to make money in this market. Sometimes you cannot make a profit from the money you hold for months, sometimes you can make very good money with a few trades.

It think is more of good knowledge and a little luck  Grin Cryptocurrency Investors most have a good knowledge what you are investing on and not just in crypto but i believe in Investments generally. Is it even wise to start investing in something you don't even have a bit of understanding on, how would you be able to navigate in that space with no knowledge? I believe once you take the time to understand the ecosystem then with a bit of luck you just can make that profit. 

If you want to gain in crypto currency you need to get the knowledge first. Many people start trading without any knowledge and when they lose money, they call it scam. There are people who are making good money from crypto but their success lies in their knowledge and experience.
Knowledge and experience are indeed the first things you need to have. Without this earning cryptocurrency would be extremely hard, yes you could probably get some coins in some airdrops but there will be a higher chance it will be worth a penny so it would be just a waste of time. Expect that scammers are everywhere and there will be new methods they will use just to suck out our money, knowledge is the only thing we can use against them. Pretty hard to get profit but with enough experience you'll manage to earn at least a pretty decent amount.
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February 28, 2021, 05:00:09 PM
 #653

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 am totally agree with you first line. Anywhere in the world, It’s not easy to make money. Everywhere we need skill, Brain, experience and study. I believe in hard working.
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March 05, 2021, 01:15:38 PM
 #654

I can't agree more with this statement that it's not easy to make money in cryptocurrency. Any job in cryptocurrency is speculation for me. Even if you paid as developer or skilful staffs, there is no certainty you'll get cash in crypto world. Many projects failed and can't survive. Trading itself is speculation. We just can read the signal without knowing exactly when, why it's bullish or bearish. Crypto is so volatlle, only brave people who wants to take the risk that can dig deeper. Even airdrop and bounty hunter can't always get money from here. Me, myself always have to learn new lesson from crypto cause there are always new things occur in crypto world each day with new obsctacles to be handled. However, if you success in cryptocurrency, the reward is worth it.

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March 07, 2021, 05:57:18 PM
 #655

Making money is not easy anywhere. Do you know ways to make money quickly? Without understanding the matter, you will not be able to get anything but disappointment.

For beginners, it is better to start with cheap coins that have potential, and only then move on to big trades. Examine all the possible risks!
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March 14, 2021, 09:36:09 AM
 #656

Making money is not easy anywhere. Do you know ways to make money quickly? Without understanding the matter, you will not be able to get anything but disappointment.

For beginners, it is better to start with cheap coins that have potential, and only then move on to big trades. Examine all the possible risks!
It is really not easy to constantly make money on the cryptocurrency market, but if a person has at least a little knowledge and understanding of what exactly needs to be done, then having got on a good "wave", before the bull run, each person can earn quite a lot of money, but the main thing in this matter not only the availability of capital, but also good enough patience.

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March 14, 2021, 11:14:38 AM
 #657

Making money is not easy anywhere. Do you know ways to make money quickly? Without understanding the matter, you will not be able to get anything but disappointment.

For beginners, it is better to start with cheap coins that have potential, and only then move on to big trades. Examine all the possible risks!

For beginners, it is better to start reading on the coins you are about to invest. It doesn't matter what kind of coin it is, what matter is that you, yourself, see what the coin does and how you can see it grow.

This can make you grow as a trader as you see where did you go wrong, or how you did it right.

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March 14, 2021, 11:24:26 AM
 #658

Making money is not easy anywhere. Do you know ways to make money quickly? Without understanding the matter, you will not be able to get anything but disappointment.

For beginners, it is better to start with cheap coins that have potential, and only then move on to big trades. Examine all the possible risks!

For beginners, it is better to start reading on the coins you are about to invest. It doesn't matter what kind of coin it is, what matter is that you, yourself, see what the coin does and how you can see it grow.

This can make you grow as a trader as you see where did you go wrong, or how you did it right.

I agree. The quality of a coin is the most important thing for a cryptocurrency investor. You must buy a coin that has the high adoption rate, wide public support, global reach, as well as a technology that provides the coins with new properties.

Also, a good starting point for a beginner is to read the news related to the coins, the developers' blogs, and the traders' blogs. If you read one or two things about the coin and the community, it will help you know if this is a coin you can be investing in or not.
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March 14, 2021, 05:36:21 PM
 #659

The world of cryptocurrency is just like a universe that is very vast and like a science with many branches, there is trading, gambling, mining, gaming, and so on.  You should know what your passion is and where you think you have a great opportunity to earn in this field.  Like me, I see that I know more about blockchain games so this is really what I'm focusing on now because for me, it's just a win-win situation and because I like and want to play more. You just really need to study and learn the things you should know.  Work hard and don't ignore every opportunity that comes your way.

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March 15, 2021, 08:03:13 AM
 #660

I dont think there is any easy way of making money because its takes alot of time learning and practicing before u can start actually start making money buh once u get the hang of it then u can start making money off crypto currency...and you have to decide wether you want to go for bounty or trading and you can also decide to start mining crypto currency
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