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Author Topic: It is not easy to make money in cryptocurrency  (Read 10336 times)
Ngewex Yuk
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July 01, 2021, 03:11:38 PM
 #781

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.

Of course we have to be realistic, making money in cryptocurrency is difficult for those who are still beginners, for those who have known this forum and crypto for at least 5 years it will be easy to get money, with mining, bounty forums and so on.

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camat gampong
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July 01, 2021, 03:58:28 PM
 #782

5 years ago the competition was much less so the earning was more. But as the days go by, the competition is increasing so the earning is decreasing. After 5 years  no one will be able to meet the cost of smoking earning from here.
Who says it ? try to see those who have been participants in the Vulcan campaign and have received very satisfied payments, even their three months of fatigue paid off with great satisfaction and maximum.

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July 01, 2021, 10:53:25 PM
 #783

DYOR, any field has its positives and negatives. And just doing my own research and evaluating everything, I think a lot of people might think that making $100-200 in this market is difficult, but I find it very easy, at least it's not that hard for me to make money with this market.
for some people who have good skill trading that amount was easy, and maybe in an hour its done. But for other people its very difficult and even they getting loss before get profits. Research really be the key for our successfull in any finance market, we will find which is good and bad project that should avoided to safe our money.

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Natalim
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July 02, 2021, 08:52:32 PM
 #784

DYOR, any field has its positives and negatives. And just doing my own research and evaluating everything, I think a lot of people might think that making $100-200 in this market is difficult, but I find it very easy, at least it's not that hard for me to make money with this market.
for some people who have good skill trading that amount was easy, and maybe in an hour its done. But for other people its very difficult and even they getting loss before get profits. Research really be the key for our successfull in any finance market, we will find which is good and bad project that should avoided to safe our money.

In a general statement, it's really true that it's not easy making money in crypto. Why? because crypto investing is a high risk, it would not belong to a high-risk investment if everything is easy. However, you are right, and I agree with you that it depends on your skills as we can see some people who really made a fortune by just trading and investing in crypto, and it's proven to be legit.

DoublerHunter
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July 02, 2021, 09:05:10 PM
 #785

In a general statement, it's really true that it's not easy making money in crypto. Why? because crypto investing is a high risk, it would not belong to a high-risk investment if everything is easy. However, you are right, and I agree with you that it depends on your skills as we can see some people who really made a fortune by just trading and investing in crypto, and it's proven to be legit.
^ But as they say, high risk means a high potential of gaining profit. I agree that cryptocurrency is a high-risk investment but I don't think if all of them have the same risk. Because for me, investing in BTC is less risky than the lower rank altcoins and a newly listed coin. It is not easy to make money in crypto if you don't have the skills and knowledge to know which one is legit and which one becomes a scam exit. Nevertheless, trading also has a different status of risk and I think the riskier is trading than investing in cryptocurrency.
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July 03, 2021, 10:55:39 AM
 #786

DYOR, any field has its positives and negatives. And just doing my own research and evaluating everything, I think a lot of people might think that making $100-200 in this market is difficult, but I find it very easy, at least it's not that hard for me to make money with this market.
People should be aware on the first place because theres no such thing about easy money and everything does really need hard work and analysis before you can reach out that particular state on where you do earn profits.

Dont rush up yourself on making profits because this would be the cause of loosing money instead because nothing is simple on this market and so as with other markets as well.You do need to work hard
and be wise on what you do.

When making investment then only invest on the amount that you could afford to lose which is actually a basic thing to have.
We all have different abilities and perceptions that everything in life is different, which leads to the search for new opportunities to try to make life better. But many people make the mistake of not knowing from the very beginning what work they want with their life, and not everyone gets lucky.

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July 03, 2021, 11:14:42 AM
Last edit: July 03, 2021, 02:25:06 PM by Mihawk
 #787

So, It may seem like a lie, but in 2017-2018 there were airdrops that paid high amounts with minimal effort. Anyone who lived through that time knows what I'm talking about, but today the reality is what you described. If you don't improve your skills or learn new things, you will hardly be able to take advantage of cryptocurrencies. I think things tend to be cyclical, there will always be opportunities, just be aware and prepared.
osasshem
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August 03, 2021, 06:46:09 PM
 #788

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 is true that making money online or in the real world, is not easy and that is correct, but there is always a genuie one that do pay, but might not be high, but slow and steady will win the race, if patience is attached to the end of it. But in signature campaigns, participating in projects that has a promising future in the cryptoworld, can give you some good pay at the end of the day, also with the help patience to wait for the end of the campaign and hold for awhile, for it to appreciate in price over time.
It is also true that most signature campaigns do not give what they promised at start of the campaign Student Coin is one that has such a reputation. Its just that we can't just stop, we'll keep pushing, till we get to the right one.
King Khaizan
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August 03, 2021, 07:26:39 PM
 #789

it's true, it's not easy to make money in any job, everything of course requires a process, but we also see a lot, especially beginners who fall into airdrops or other types of tokens that give big bonuses that end in fraud.

in a simple way when it is necessary to first identify an offer that is clearly illogical, meaning that it is impossible for a reward to be given without doing any work.

and I always remind newbies to always be careful and avoid such things.
lumierre
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August 05, 2021, 05:09:46 AM
 #790

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 that usually different airdroops, bounties, shit coins, and new defi-projects are lotteries. You can be lucky and earn a lot of money, but unfortunately there is a statistic that the majority of people lose money or time in such strange things, but don’t earn anything. So it is better to invest in something that is likely to be less profitable and less risky as well.

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Aadii8430
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August 05, 2021, 06:36:46 AM
 #791

Yes Right, 99% Airdrops and Bounties Are Fake In Cryptocurrency , Also 99% Projects Scam , But Making Money In Crypto Is So Easy My Friend If You Are A Genius Perosn, Depend Your Knowledge , Your Smartness, Its My Personal Experience. But If Making Money is Easy Here Then It has also Anothet face where Losing Money Is Also Easy Here, So Always Do Your Own Research To Join Any airdrop, Bounties , To Invest anywhere Or To Follow Anyone Signal.
BobK71
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August 05, 2021, 03:31:43 PM
 #792

I think It's not easy task because which project is real or fake? to find good project is very difficult that is why earning is not so easy. You have to hold your selected assets for a long time then you can get benefited but that also depend on that particular project development. There are too many people victims of fraud, most of the bounty become scammed after successfully completed their ICO.  Currently I deserve that making money is very difficult form crypto.

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August 05, 2021, 06:46:09 PM
 #793

Cryptocurrency entry has surpassed the golden opportunity where entry into free cryptocurrency was likely to be very profitable.  Making money from crypto is possible only by analyzing the current trading experience and all the news of the current crypto market and by trading at the right signals at the right time for big traders.
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August 05, 2021, 09:07:12 PM
 #794

The ease of making money in cryptocurrencies depends on your approach to making the money, if you depend solely on airdrops and bounties then it will be hard to make money because you will be dependent on other people.
But if you learn how to trade and make money by yourself on the charts, you will be able to make a lot of money in cryptocurrencies

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August 05, 2021, 10:01:15 PM
 #795

Your words are genuine. Its hard to earn money. If we talk about crypto industry, people come hear to earn money. So they invest on various project what totally unknown to all, only because of trapped by scammers. thus most people lost money here. Crypto traders are also facing issues like they take wrong entry and loss capital. and someone get that as profit. And thus this continue. Its really to hard
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August 06, 2021, 02:50:56 PM
 #796

Well, expecting to catch every airdrop in crypto and exchange it to fiat currency is never a goal.
You must build up portfolio and stake it till you receive enough APY% income to reinvest into another coins.
noah tall
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August 06, 2021, 03:00:17 PM
 #797

Yes, I fully agree with your point that making money is very difficult in this universe as well as in the crypto market. Take a look at airdrops most of the airdrops are fake and scams and also many bounties can be fake. I have also tried presales but many presales are scams they run away after getting our all money. So you have to find some best projects which are running airdrops, bounties and presales for earning.

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August 06, 2021, 03:55:59 PM
 #798

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 think you are finding it difficult because you are looking in the wrong place. People hodl, participate in airdrops and trade quite alright but they forget the blockchain industry is way bigger than that. There are many incentive centred projects many are harnessing as well as activities people are participating in for passive generation. Staking, farming, play to earn, mining etc provided by Seascape Network is an example. I think you should consider carrying out such popular activities with projects that offers such eg Seascape. It is always easier when one knows what to do and explores it.
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August 06, 2021, 04:29:43 PM
 #799

Yeah, it is not easy to earn money from the crypto industry, I dont know why people keep on thinking that there is easy money in a crypto world wherein it isn't, yeah exploring cryptocurrency is better than exploring work in real life especially if you are not yet graduated but still cryptocurrency has no assurance to make you reach because of volatility.
they only imagine the positive side from  this market. profit and rich man be their hope that could realized in single nigth, meanwhile they didnt know what actually they face  in future. its right this future give us huge opportunity , but if we are beginner should not leave our main job. Income from crypto market could not predicted or regularly come to us.

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August 06, 2021, 04:48:21 PM
 #800

It's never easy to make money anywhere else in this world, you have to work hard for it, there is no easy way of making money, if there was everyone will be rich, many people don't like taking risks and risks taking opens door to success easier, crypto investment can change your life or the other way around if you don't learn before doing anything, the choice is yours

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