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Author Topic: How a beginner can earn money from the crypto?  (Read 750 times)
Peanutswar
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October 04, 2021, 12:20:06 PM
 #41

There are a lot of things you can earn with cryptocurrency and one of the most favourites of the people is waiting for the airdrops or the faucets even though it took a lot of time to get a huge amount of earnings still there's an amount of earning to have. Next is to make an investment like using the buy low and selling high strategy of the people also you can try to make a trade if you are a newbie it's not recommended to make a trade. You can also find another way of investing new born coins and hoping it might increase.

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October 04, 2021, 07:44:51 PM
 #42

~
Faucets are just waste of time now, unlike before. Some faucets require a ridiculous amount just to get the satoshi out of their wallet. I cannot imagine if I was doing those back in 2014s when they were like worth waiting every 5 minutes or even an hour. Cheesy

For airdrops, just steer clear to those requiring a lot of your personal info. One attempted to phish me into their fake MEW site long time ago.
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October 04, 2021, 09:50:46 PM
 #43

I think we have different varieties of methods we can as well use to generate income or physically cash with bitcoin without adventuring into trading aspect of cryptocurrency sphere, i know that many people have emphasised on airdrop, yes of course aidrop is among them from my perspective, but you can be of benefit in cryptocurrency by buying cryptocurrency and keep for an interval of space without been inquisitive to sell. Secondly you can as well enroll into gambling with cryptocurrency if really you need quick money, but it base on profit and lost.

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libert19
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October 05, 2021, 01:24:09 AM
 #44

I started with steemit, you engage with community and get rewarded for it. Hive.blog is fork of steem, you may try both.

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UserU
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October 05, 2021, 03:07:11 AM
 #45

Faucets are just waste of time now, unlike before. Some faucets require a ridiculous amount just to get the satoshi out of their wallet. I cannot imagine if I was doing those back in 2014s when they were like worth waiting every 5 minutes or even an hour. Cheesy


Yeah, they're pretty much a waste of time without a network of active referrals.

But they can still be used to promote your reflink/ website. That's what I've been doing. Turn those sats into (rubbish) referrals Grin

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Jawadu
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October 05, 2021, 06:29:17 AM
 #46

Hello,
A beginner that doesn't know anything about the trading and technical analysis, can make money? [/b]
Trading is not the only way for a beginner to earn money, buddy! You can buy low and hold your coins until the price goes high and then you sell for a profit, you can stake your coins and earn a passive income weekly, monthly, or yearly from different exchanges. You can also provide liquidity to some trusted DEX exchanges and trusted projects to earn a profit, but the most important thing is to learn first. All mentioned methods has their pros and cons, so you can learn more about them from YouTube then make your own decision. Goodluck!
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October 05, 2021, 06:44:07 AM
 #47

Hello,
A beginner that doesn't know anything about the trading and technical analysis, can make money? I heard transaction between some wallets give you a reward!
Please share your idea.

Thank you.
If you know nothing about money then simply invest and hold for long term bitcoin only.The technical and fundamental analysis sometimes don't even work for experts of the market or experienced traders also so on the counter part if you don't have have any prerequisite knowledge of the highly risky and volatile crypto market then making money is hard not impossible.So learn about market first and then enter it.

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October 05, 2021, 06:52:32 AM
 #48

I started with steemit, you engage with community and get rewarded for it. Hive.blog is fork of steem, you may try both.
How much money can really be made on those platforms though? Probably not a lot. I would think you need a good level of English to create interesting topics that other users will like and upvote. Op doesn't strike me as someone who does that to be honest. Those who take pictures and create artwork also seem relatively successful on the two platforms that you mentioned. If OP has those kinds of skills, he could try it out. Lastly, playing and creating content related to video games is also rewarding.     

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UserU
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October 05, 2021, 07:00:10 AM
 #49

How much money can really be made on those platforms though? Probably not a lot. I would think you need a good level of English to create interesting topics that other users will like and upvote. Op doesn't strike me as someone who does that to be honest. Those who take pictures and create artwork also seem relatively successful on the two platforms that you mentioned. If OP has those kinds of skills, he could try it out. Lastly, playing and creating content related to video games is also rewarding.     

Unless you're a content curator or some known individual, it's not really easy to make big bucks per article. The most I saw was maybe like close to $100, but the platform is highly-competitive because if you manage to churn out an article, chances are someone has done that before you unless you're a new trendsetter or are able to spot a potential one.

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October 05, 2021, 07:52:35 AM
 #50

Unless you're a content curator or some known individual, it's not really easy to make big bucks per article. The most I saw was maybe like close to $100, but the platform is highly-competitive...
I just had a look at some of the posts that were trending and it's not unusual to find posts that earned up to $300-$400 or more. But like you said, those are reserved to the creme de la creme of Steemit. One positive thing is that there are several Bitcoin-related posts that are trending. It's mostly price analysis of some kind though. A huge amount of content is in Chinese and Korean, and there also seems to be a great focus on food and home-made recipes.

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October 05, 2021, 08:32:44 AM
 #51

Unless you're a content curator or some known individual, it's not really easy to make big bucks per article. The most I saw was maybe like close to $100, but the platform is highly-competitive...
I just had a look at some of the posts that were trending and it's not unusual to find posts that earned up to $300-$400 or more. But like you said, those are reserved to the creme de la creme of Steemit. One positive thing is that there are several Bitcoin-related posts that are trending. It's mostly price analysis of some kind though. A huge amount of content is in Chinese and Korean, and there also seems to be a great focus on food and home-made recipes.

Check hive.blog - after tron acquisition plenty left steemit and content types also shrank out. The $ you see depend on price of main currency (steem/hive), it was not unusual to see thousands of dollars worth of posts at ath.

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October 05, 2021, 11:10:28 AM
 #52

~

Yeah, they're pretty much a waste of time without a network of active referrals.

But they can still be used to promote your reflink/ website. That's what I've been doing. Turn those sats into (rubbish) referrals Grin
I never tried doing referrals though. How was it in your end?
Most of my friends do not give a single crap for a single favor to at least try my referral link to any earning platform before.
I wonder how better it is with active network referrals like yours? Smiley
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October 05, 2021, 01:56:01 PM
Merited by isaac_clarke22 (1)
 #53


I never tried doing referrals though. How was it in your end?
Most of my friends do not give a single crap for a single favor to at least try my referral link to any earning platform before.
I wonder how better it is with active network referrals like yours? Smiley

It's more or less a hit-or-miss but I'd say results were mainly meh due to these 3 reasons.:
1) Everybody posts the same thing over and over; HYIP, get-rich-in-3-days, reflinks. While mine's somewhat different, most viewers are numbed by the same exposure.
2) Advertising credits drain like water. Click for so long, earn less than $1 in revenue
3) Quality of refs. They hardly bother clicking/ wagering in the first place. God knows why did they register and then "died" on the spot.

I'd say its the network you advertise in. For something that's passive or involved very little effort, the conversion is slightly better.

If you're interested, I have my faucet list which I promote my sites and my go-to passive income apps below. But mind you, the former takes alot of patience, unlike the paid traffic channels like Google Ads Smiley

https://bitcoinskins.net/bitcoin-cryptocurrency-faucets/

Below is the webpage of a passive income app which I heavily promote because I emphasize on the earning potentials in just 3 easy steps. This one so far nets me better quality referrals.

https://bitcoinskins.net/honeygain

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October 05, 2021, 07:33:01 PM
 #54

~
Nice!
Actually I have that HoneyGain installed to my mobile phone and desktop PC as well. I got free $5 credits when I first registered there. Too bad I cannot enter the "Content Delivery Server from my PC, because it is always full and I was always in queue. Heard that they would expand the server capacity soon, but hey who knows. Cheesy
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October 05, 2021, 10:07:01 PM
 #55

If you are a beginner and know nothing about the crypto world, I will suggest you learn at first, learn many things in the crypto world.
The Crypto world will give you many more again after you know more about crypto.
Many people only have a focus on earning money but they are not willing to learn more, so sad.
I know that what you meant is about joining any airdrop program. Actually, there are some projects that offer airdrop programs, there are also bounty campaigns, faucets, and also other free programs like a referral.
But, we still don't know the accurate information of every project, they are commonly new and you must also learn about how to pick the right one and avoid scams. Because in the crypto world, you may find many scams and you must be careful about it.

R


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October 05, 2021, 11:44:43 PM
 #56

Hello,
Thank you all.
What is the difference between the fundamental analysis and technical analysis?
There may be a generally acceptable definitions of the two; but I'll share how I understood them;
When we talk about Fundamental analysis; we talk about the overall nature, importance, value and economics behind that particular coin. Maybe we can fundamentally analyse Xrp and doge thus;
Xrp processes transaction very fast;
Doge is a Meme coin hyped by Elon Musk.

Then Technical analysis does with the action of the coin in the market. Maybe doge rises every 2days after Musk tweets about it and drops when the retwites hits 20k. Anyone using this as an analysis is a Technical analyst.
For a better analysis, one leads both type of analysis.
Thanks!

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October 06, 2021, 02:31:56 AM
 #57


Nice!
Actually I have that HoneyGain installed to my mobile phone and desktop PC as well. I got free $5 credits when I first registered there. Too bad I cannot enter the "Content Delivery Server from my PC, because it is always full and I was always in queue. Heard that they would expand the server capacity soon, but hey who knows. Cheesy

Managed to get your first cashout? That thing alone can be quite slow, even with the daily credits which are so meager. :p

Do you mean CD is still unavailable in your country? I'm pretty sure they are slowly expanding but usually first world countries enjoy the advantage due to the quality/ demand.

Even if a country supports CD, it would be be disabled or remain in queue if the PC isn't powered on constantly (e.g. at least several hours of uptime). So you might want to check that out

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October 06, 2021, 03:22:34 AM
 #58

If you know nothing about money then simply invest and hold for long term bitcoin only.The technical and fundamental analysis sometimes don't even work for experts of the market or experienced traders also so on the counter part if you don't have have any prerequisite knowledge of the highly risky and volatile crypto market then making money is hard not impossible.So learn about market first and then enter it.

I was going to recommend this to him. There are several ways that have been mentioned, but if he is just starting out and have money, best to buy Bitcoin and forget about it. Or better yet, make an initial purchase with a lump sum and then add what he can weekly or monthly. That strategy has proven to be extremely profitable to this day, and with less headaches than trading.

Although it is best for him to seek out information for himself before deciding to go for it. Don't do it just because we recommend it in a forum.


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October 06, 2021, 04:14:08 AM
Merited by GeorgeJohn (2), Bushdark (2), Zilon (1)
 #59

You don't need to put all your concentration in making money first as beginner , all you need as a beginner is to learn the basics things first. Learning to understand how the crypto market works will bring earnings.

R


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October 06, 2021, 07:59:38 AM
Merited by 24Kt (1)
 #60

You want to earn money, kindly invest as a beginner, who knows where bitcoin might head to in the next bull run? there are plenty of opportunities in cryptocurrency.
You can also work for someone and earn if you have skilled like logo design, website design and web developer, work as a software developer and crypto platform development especially now that we have decentralized finance trying to protect users investment and income.

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