Ways to earn in crypto in 2021

[Continentals]

Hey, guys! I collected some current moneymaking methods in the crypto world here. Hope you’ll like them and earn a new Lambo after reading!

Disclaimer: this article is not a piece of trading advice, only my ideas about crypto. Don’t risk money you can’t afford to lose.
Article is prepared by members of @coins_hunt tg channel

1. Regular trading on the exchange

The standard way to make money on cryptocurrencies. The crypto market is volatile (the price changes really fast), so this is a good reason to make money on the rate difference. Consider the volume (if it grows, then there will be a movement soon), and do not forget the words of good old Warren Buffett “Buy when everyone else is selling and sell when everyone else is buying.” This strategy works great now. I advise you to take a couple of training courses in fundamental and technical analysis. Try not to be greedy, 20–30% profit is not bad.

2. IDO

Modern ICOs on DEX, Initial DEX Offering.

For example, a new project appears. It offers you to buy a certain number of coins before the exchange listing. As an investor, you can get an allocation, buy coins, and sell them after listing on the exchange. I won’t tell a lot here, just know that almost all IDO on Dao.Maker platform were profitable, they gave from 2x to 200–300x profit. This means that if you bought A2DAO tokens on IDO at $0.1, you would sell them with 100–200x profit after listing on the exchange. The token is currently trading at $6.29.

3. Cryptocurrency staking

Staking is a way of passive earnings, in which users store coins on the Proof of Stake (PoS) algorithm and ensure that the blockchain works.

It allows them to make a profit. Staking completely replaces mining and makes it possible to extract new blocks without using large computing power. The point of staking is to ensure all operations on the blockchain and support the network. For this, holders of digital coins receive a reward. The more tokens a holder has, the more likely he is to become the creator of a new block.

Briefly, you just hold the coin and get from 20 to 400% per annum. Does it sound good? Nowadays, good staking sites are Compound and Aave, I advise you to explore them.

4. Memes and airdrops

Suitable for those who have a small deposit, but have a lot of free time. When new coins appear, their owners need more people to know about these coins. Respectively, they offer the community a fee for various actions aimed at advertising their projects; for example, activity on telegram/twitter, creating memes on the topic of their project, etc. You can earn $10–500 per project. You can find many similar tasks on bitcoin talk.

5. NFT

NFT is a non-fungible token, not a fungible or unique token. Any cryptocurrency is a token, only, for example, in the case of bitcoin, it is a fungible currency — one bitcoin can be replaced with another, an equivalent one. It’s like one $100 bill can be replaced with another. Non-fungible tokens are unique. You can tokenize a ticket for an event; for example, indicating the date, time, and place, or a plane ticket with personal data. There will be no second such token and it will become non-fungible. Such tokens are created on the blockchain in a limited number. An interesting example of NFT is CryptoKitties or Cryptokitties. Each kitten has a unique genome. Owners can collect and breed kittens, breeding new breeds with, again, a unique set of genomes. This is the brainchild of Dapper Labs, a mega-popular virtual game around the world.

The NBA is the national basketball association that is very popular in the States.

Top players are considered gods. So Dapper Labs decided to sell the brightest moments with the most beloved players. These are cards with spectacular moments, divided into series, issued in limited quantities. There will never be a repetition of the series and cards. There have already been several such seasons with card sales. The first cards cost $1 each, now the price of some can go up to $250k. They continue to sell on the site nbatopshot.com. You can also create your own NFTs.

The bottom line is NFTs are unique digital assets, rare artifacts. It is already possible to imagine collectors of the future, who will showcase their luxurious collections of tokens.

And this future is closer than it seems. The original NFT painting is already available for purchase today. Digital artist Beeple, or Mike Winkelmann, sells his creations this way. Trump’s mutating NFT went for $66,666.6. A new collection is available, the price for lots starts at $969. By purchasing a canvas, you receive a digital frame enclosed in plastic with a holographic QR code that gives the name of the owner. Virtual reality is developing by leaps and bounds and allows us to create money literally out of thin air, investing in moments and events. The main thing is not to get confusing and learn to maneuver in this stream.

6. Arbitrage

Earnings in the difference in cryptocurrency rates on different exchanges. You buy a coin on one exchange, transfer it to another and sell it there for a higher price. Example:

ARBITRAGE $ NFTI

Spread%: -9.72

Uni: 606,799

Sushi: 623.3449

Zerion: 665.79

Site — nftindex.tech

7. Shitcoins and pumps

Method for risky guys)) Just need to find coin with big cap and small price, like Safemoon or Safepluto. After the coin launches, everybody tries to buy it and make pump. The reason is rise of price. But frankly it's not so easy to distinguish good coin from some trash... Btw, amount of trash coins is 99% here. There are 2 main exchanges for such pumps currently - uniswap and pancakeswap. I don't advice to invest here a lot.

There are other ways of earning money — games, content, bitcoin games… New options are constantly appearing. I would advise you not to chase everything. Concentrate on a couple of options and earn money.

Useful resources for tracking cryptocurrencies:

coinmarketcap.com

coingecko.com

apy.plasma.finance

stakingrewards.com

Thank you for reading to the end, hope the article was useful for you!

[Husires]

All of the methods you mentioned are considered risky for beginners ICOs, staking, and arbitrage are unsecured ways to make profits, and both of them consider the return from them small compared to the risks they represent.
The best way is to trade after learning the basics of trading and how to control your investment decisions.
Airdrops and NFT are among the projects that attract people to the crazy heights they get, but most of them are too risky to be true.

[Insanerman]

~

Where's Play to Earn?? It is trend now especially when you talk about Axie Infinity or Alien Worlds which has been popular due to tons of people grinding and promoting it with its legitimate paying mechanics just by playing games or simply mining NFTs. I think you should consider checking and researching how it was a huge help to tons of people in this pandemic 2021. AFAIK, cointelegraph recently featured a Filipino gamer whom have bought two houses just by playing Axie Infinity, and it really is a great way to earn crypto in this year and forward.

[DarkDays]

I agree, most of the 7 options listed by the OP are methods which I have seen implemented in this bull run.

Yes, you can even earn money passively just by staking or even providing pool liquidity (more risky) as well as arbitraging when you get the chance.

The take home message is that it is much easier to make money in a bull market. The bear market makes most of these methods difficult to succeed at so reap the benefits while it lasts

[Gozie51]

7. Shitcoins and pumps

This point is valid, many have made profit since last year when bitcoin started rising. Coins that are newly listed have pumped and lucky hodlers have cashed out and some still hodling. This is a new way that most investors are gaining quick profit while hodling longtime for valuable coins like bitcoin and ethereum.

[boyptc]

Arbitrage.

Yeah, that's profitable if you know how to do it. But if you're going to do it with most of the alts that's made on ERC20, you'll be probably going to stop as soon as possible.

Fees on it are always changing but most of the time, you won't be liking it because of the high fees.

The transfer fees is your main challenge for doing this and next, the volatility that won't be a surprise anymore.

[nelson4lov]

So much knowledge in one thread. Anyone that has kept their ears on the ground would know that OP posted some really good ways to make money in this bull run and what's interesting is that, the methods are up-to-date and proven to work in this bull run. It's even had to say which of these methods does a better job and putting money into one's wallet because I've seen airdrops like the dontbuymeme $MEME give people over a million dollars and hundreds of people made millions trading shit coins like SHIBA, Safemoon, safebtc and other safe tokens/shit coins. Can't forget to mention that NFTs have been one of the biggest catalysts of this current bull run and have made a lot of people so much money.

One method of earning crypto that has been around for as long as I can remember, is trading. Best thing to do is just to pick out 2-3 methods and pour time and dedication into it.

[agustina2]

I agree on the list although that was already the ways even before especially trading.

But if people want to grow they need to test other ways such as trading with meme coins or shitcoins that suddenly become alive out of nowhere. There are some low coins recently that established a good market price.

Others should also try to be involved in the NFT craze! More and more institutions are joining the hype.

[LUCKMCFLY]

The 7 ways that OP mentions are ways to win, but you get a large percentage of risk, as long as you put some kind of work in context, it requires work, time, dedication and effort, and that you always want to be rewarded, even Many have a great fondness for ICOs, buying coins and waiting for a big bomb, it is valid, but the best method to win for me in particular will be trading, but of course it requires study every day, because the real trader wins if the market goes up, and you win if the market goes down, which is different from an investor or a hodler, because only an investor needs time to wait and make a profit.

Some investors do not find it difficult to wait 8 to 10 years to obtain benefits, on the other hand in crypto it is faster, when it is in accumulation it is ideal to buy, and wait at least 3 years and you begin to see the benefits.

[blockman]

7. Shitcoins and pumps

Method for risky guys)) Just need to find coin with big cap and small price, like Safemoon or Safepluto. After the coin launches, everybody tries to buy it and make pump. The reason is rise of price. But frankly it's not so easy to distinguish good coin from some trash... Btw, amount of trash coins is 99% here. There are 2 main exchanges for such pumps currently - uniswap and pancakeswap. I don't advice to invest here a lot.

This is the trend today. You see a lot of pumps are happening and it seems like there's no stopping by tomorrow. But the risk is really high and with all of those people sharing that they've earned from 10x to 100x or up to 1000x, they're lucky ones to buy those coins before it pumped when no one has ever noticed them. And it's a combination with the meme altcoins because they're getting all of the attention not only from old timers but also to the newbies.

4. Memes and airdrops

Airdrops require patience, you may seem to find that airdrop as a useless airdrop because it doesn't have any use case for now. But if the team is legit and the developers of it are really following the road map, you might find huge free money from it. Just like the Uniswap airdrop and ICP and there's more.

[Scripture]

There’s a lot of ways to earn cryptocurrency, from less risk to the most risky way to earn cryptos. I do trading and bounties which I think is less risk to earn cryptocurrency since I know what I’m doing and I don’t deal to any shit projects that can just waste my time and my money. Shitcoins are too risky today, there’s so many Dogs token and most of them are failing better to deal with those projects and monitor your wallet 24/7 from time to time because it moves faster than what you expect.

[santiPOGI]

There are only two ways for us to earn good nowadays, first is Crypto trading and Invest ICO under BSC projects.
In short, since that we are in the altcoins season of bull run it is most of the time realistic to earn in most of the shit coin
most of the time, this was already proven and tested to me for more than half year now.

[crwth]

Most of your stuff is valid, and a lot of people are starting to invest in the market like trading and investing in different types of coins. I know that once you are introduced, you are starting to get overwhelmed first, and that's the most common reaction towards the investing stage. Imagine experiencing a winning trade and doing the task all over again. It's easy at first, but once you hit those streaks and those losses, you are in a rut, and you might be able to consider yourself gambling with your hard-earned money.

Anyway, why not include doing what you know and offering it as services and then receive payments using crypto or something?

[isaac_clarke22]

Quite risky moves there, OP but I guess it isn't the carbon copy of the sticky thread in the B&H section.
I wouldn't risk myself in airdrops though. I had my bad experience already in those back in the days so that's crossed out in my check list already.
Sad for those hodling for too long in pump and dump schemes though.

[Sled]

It sees no assurance for all these ways had mentioned by OP but to understand that we need to take the risk in order to see results. And for me, I have to choose trading, investing in new projects (ICO, Defi, BFT), and staking. Definitely, it is a time effort to work it out and seeing a positive output but as we are already aware and not afraid of the risk behind, I believe it could be productive and profiting. Well, it really need to work hard and be smart in dealing different situation and we have to analyze everything before we make decisions. 

[airdata]

You write a good topic for Earning some Money from Crypto and i think your all option will not helpful way for Beginner becouse we know that not have fund of beginner so they can't apply following way but i think Airdrop is best  earning way for Beginner, becouse it is totally free way for making money so Everyone can apply this topic.                     

[Reid]

I'd stay with the NFT hype while it lasts and cryptocurrency staking.
IMO, both have ownership and the risks are lower than trading, arbitrage, or whatever they call it now.

Ethereum is the first choice if you want a staking process that will happen soon. Heavily trusted and maybe it can claim back its better usage than other cryptocurrencies out there that gave a new option to transact cheap and with speed.
Passive income is what I always look for so I could still do my work while my money is moving unlike keeping it in my bank account.
Bitcoin is still top on my lists, it's passive in its own way.

[beerlover]

All these methods you have mentioned are good, but most of them has certain requirements you have to meet before you talk about doing them , it may be something that has to do with experience, skills, or even status. Let's talk about staking, that's the easiest anyone can do , it's really easy for anyone to do it, as long as you have enough funds , you can stake it and make extra profit (although there are some risks, but some platforms are now providing means to avoid those risks).

Then talk about ICOs, wouldn't be good for newbies, they will just end up being frustrated. That happened to me when I was still a noob and had no experience, every single one of them never paid off, and I was kind of frustrated that all my hard works there never paid. So it's best to study them first before you go ahead, and also be ready for what comes with it.

Trading is good, if you have funds and you can trade, then why not? I trade whenever I have the time, and I have friends that trading is part of their daily jobs they do, they don't miss doing it for a single day.
As for NFTs, it will be hard to get it sold if you are not popular on social media lol. I think that's all I have to say for now.

[sujonali1819]

As most of the people said here the points/ways are very good indeed. A lot of information in this post. For me it's helpful for NFT. I had very lower knowledge about NFT. Buy reading the OP I have gained some ideas about NFT(though It's not 100%).

But I did not understand the arbitrage points. I know arbitrage but can not understand these lines. What actually you op wanted to share by this?

ARBITRAGE $ NFTI

Spread%: -9.72

Uni: 606,799

Sushi: 623.3449

Zerion: 665.79

[fancy2973]

As most of the people said here the points/ways are very good indeed. A lot of information in this post. For me it's helpful for NFT. I had very lower knowledge about NFT. Buy reading the OP I have gained some ideas about NFT(though It's not 100%).

But I did not understand the arbitrage points. I know arbitrage but can not understand these lines. What actually you op wanted to share by this?

ARBITRAGE $ NFTI

Spread%: -9.72

Uni: 606,799

Sushi: 623.3449

Zerion: 665.79

There are very seldom arbitrage opportunities that can effectively be exploited by a normal trader. On centralized exchanges arbitrage is done by bots, but for these decentralized exchanges it will hardly be possible to exploit the spreads because the fees per transaction are too high.