How a beginner can earn money from the crypto?

[hack3rcon]

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.

[Charles-Tim]

A beginner that doesn't know anything about the trading and technical analysis

Trading is not the only way to make money but it is one of the most easiest ways to lose money.

I heard transaction between some wallets give you a reward!

Yes and no.

If you are not a miner, no coin will be rewarded, only miners are paid the transaction fee while also miners get rewarded 6.25 BTC (the present each mined block reward) in addition to transaction fee for each block mined.

[cryptoaddictchie]

If you are not a miner, no coin will be rewarded, only miners are paid the transaction fee while also miners get rewarded 6.25 BTC (the present each mined block reward) in addition to transaction fee for each block mined.

Im thinking he meant by airdrop where he do some transactions on such wallet and rewarded with some tokens like uni, 1inch, dydx and other kind of transaction airdrops.

OP if you doesnt know anything yet about trading I suggest you start already by learning its basic and fundamentals. You can use plenty of sources online.

[Pmalek]

A beginner that doesn't know anything about the trading and technical analysis, can make money?

Maybe, if he is lucky. You can win the lottery as well, but that doesn't make you a skilled lottery player. Most of the time you will lose your money and that will lead you to make wrong conclusions that cryptocurrencies are just a scam.

I wrote a thread a few days ago about the things that can happen if you begin trading crypto without knowing what you are doing. Check out What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How? if you are interested.

Instead of trading, try to understand how Bitcoin works and find a way to get paid with it through the skills you have and with what you learned in school/college.

[acroman08]

OP if you doesnt know anything yet about trading I suggest you start already by learning its basic and fundamentals. You can use plenty of sources online.

If OP is curious about trading. I want to add. saw this thread a week ago, here's a thread of a list of books regarding trading compiled by ratimov Library of Beginner Crypto Trader. I just thought this might make looking for a book regarding trading a little easier.

@OP just like what Pmalek said if you have skills, you can use them and ask to be paid with BTC.

[NeuroticFish]

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!

Think of Bitcoin as money. Just as simple as that. Don't overthink it.
Then think on how you can earn more money. If that extra is Bitcoin, very good. If it's fiat, you can simply invest the extra into Bitcoin if that's what you want.

I heard transaction between some wallets give you a reward!

If you mean mining, then you need to buy equipment, you need knowledge and very cheap electricity.
If you mean Lightning Network Node, then you need knowledge, a computer (or similar) running 24/7 (I think), and the "earning" is very very very small (less than the cost for the power consumption of that computer/device).

I'll add faucets which can make you a couple of cents here and there with the risk of infecting your computer if you go for those that ask you click here and there. And, again, the pay is way too small compared to the time you'll spend for it.

So just think on what I wrote at start. 

[rosenbauer02]

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.

You can earn crypto when you are have vast knowledge about how cryptocurrency works. To do that is to study, learn and use what you have learn to earn crypto.

[SquirrelJulietGarden]

A beginner that doesn't know anything about the trading and technical analysis, can make money?

Focus on fundamental analysis. If you invest, choose good projects to invest and fundamental analysis is helpful, not technical analysis. In bull market, focus on fundamental analysis. Good projects will grow in bull market and they will survive in bear market.

I heard transaction between some wallets give you a reward!

You lose your coins for transaction fees.

If anyone gives you offer that you make a transaction of 1 BTC to that person's wallet, you will receive 1.25, 1.5 or 2 BTC in another transaction that person will send to your wallet. It is a purely scam trap.

[cheezcarls]

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.

From what I’ve understand about your statement, it’s kind of a scam method where a certain user likes you to send an amount of crypto and then give you back more than what you’ve sent. It’s a typical ponzi method. Correct me if I’m wrong though.

It also can be a money laundering method where a client will give you some “reward” by being a middleman in transacting huge amounts between wallets or so. You should be cautious about these schemes because in life, there’s no easy money (unless you’re very lucky in gambling).

[Rruchi man]

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!

You should really be careful the things you listen to, people say a lot things passively without divulging all the details. As a beginner that wants to earn money within the crypto space via trading and other means, it is best you devote time to learning the basics and give yourself time to grow. Money that comes easily, sometimes doesn't last, that's why you should be patient and get conversant with the crypto space.

[isaac_clarke22]

~

That is one of it, but as mentioned in the previous replies, it was all about the airdrops.
I see lot of ETH fake giveaways wanting people to give their ETH in a certain address and they will be doubled.

It is an obvious scam since it is done by random pages with 0 reputation, and what's alarming is that it is getting fake vouches from fake profiles. I had seen this in a lot of Facebook post. It is almost a scam pit there when it comes to crypto.

[hatshepsut93]

Your first thought shouldn't be "how can I earn", it should be "how can I not lose what I already have". Crypto is full to the brim with scammers who specifically prey on beginners who want to get rich quick. Most of the high-yield "opportunities" that you will encounter will be scams. Focus on learning about common scams and the general mechanism behind scams.

[Kelvinid]

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.

I warn you not to try them. Pertaining to being new to the market with little experience to no knowledge, then trading is not suitable for you and never think that this could give you money but this will help you to lose your money too quickly.

I suggest to make your way to understand the market first, even simple investments still need this. How much more for trading? So, before thinking big, it was good to start familiarizing the market first.

I don't discourage you from trading but must have to consider your situation first, there is no easy money in the crypto space that is why we should have to take it slowly and safely otherwise, this will only give you losses and regrets. 

[sujonali1819]

The only ways of earning crypto by beginner are bounty campaigns, Airdrop and Faucet imo. This is very simple and without investment.But day by day this become worthless due to lot of scam projects.

Otherwise they should be experienced to earn. For Example, trading, investment, earn by selling services. All need to be experienced one.

[mk4]

Trading/investing. Is not pursuing trading/investing just because you don't know how to trade/invest really a valid excuse? What do you do if you want to start a business but don't know how to do so? Just accept the fact that you're incapable and just give up lol? Exactly. Do your research and read a lot.

Airdrop and Faucet imo.

Lol you might as well just work at McDonalds; at least you actually get money.

[XUR_TIP]

The most effective ways of earning money in crypto space requires good amount of money for investment too

1. Build a mining rig and start making money every hour/day you should be able to get your money back in 8months

2. Buy good amount of coins and stake them for monthly APY returns on exchanges or right inside your wallet.

[boyptc]

While having no idea about trading, learn the free trading simulators that you can search just through google. No need for any deposit and also try to learn about staking.

That sounds staking about what you've heard.

[decodx]

The most effective ways of earning money in crypto space requires good amount of money for investment too

I do not agree. Crypto can be earned very easily just like any other currency.

Graphic design, web design, programming, copywriting, translations, online marketing... are just a few of the jobs that are currently in demand and can be done remotely.
You just need to put in the work. Invest your time and effort in something you are good at and that you can do online, and your efforts will pay off.

[hack3rcon]

Hello,
Thank you all.
What is the difference between the fundamental analysis and technical analysis?

[hack3rcon]

While having no idea about trading, learn the free trading simulators that you can search just through google. No need for any deposit and also try to learn about staking.

That sounds staking about what you've heard.

Can you show me some trading simulator programs?