Ways to earn money (cryptocurrency) in 2024?

[arjunmujay]

What I know the current hypes in 2024 are:
1. Testnet airdrop
2. Meme coins

is it true that airdrops are still profitable this year? I last played airdrop almost 7 years ago. and indeed some can provide quite good income, although some are rubbish and worthless. after a lot of trash coins from airdrop I decided to stop from there. So I don't understand if airdrops can still produce results at this time

To play on meme coins certainly requires quite complicated analysis, considering that market conditions tend to be more volatile and can go up and down briefly compared to other altcoins. I think of memecoin as when we are gambling. can profit quickly, and vice versa.

[1715576585]

1715576585

[1715576585]

1715576585

[1715576585]

1715576585

[1715576585]

1715576585

[1715576585]

1715576585

[Belarge]

What I know the current hypes in 2024 are:
1. Testnet airdrop
2. Meme coins

I know myself, always following the trends in the system but it's quite interesting. There's 100% truth in everything stated out this season, it's our main tasks to be pushing for greater heights in the system. This current year, 2024 comes with bright future for most of the traders. I'm not relenting but keeps focusing on my main goals, ensuring I'm triggering the topping. Memecoins and Testnets Airdrops are trends throughout the market, never stepping down but ensuring my targets and techniques results in profitability.

[xandriel]

I have been thinking about making money in cryptocurrency, but I'm hesitant to try because I don't want to get scammed i.e. didn't get any rewards for the effort I spent. I'm really curious with the current hype in 2024 and how much you've make from it? I know that scam is inevitable in altcoins, so I might be looking to earn with less risk.

What I know the current hypes in 2024 are:
1. Testnet airdrop

$600 bucks from doing hydro tesnet and it's only one example. $200 from mining Babylon project NFT, which is free, caused by all of the tasks related to the testnet.

2. Meme coins

I participated in the meme token farm and got around 120 bucks by doing some simple tasks.

What about NFT or ordinals? but I think it's really risky because it's non fungible and you can't make sure people will buy your token.

It's not as risky as when you randomly bought ico. In ordinal, what you need is only bitcoin as your minting fee.

Participated in the raffle is free
Getting whitelisted is free

Have you ever known about trac? I minted around 10k token for less than $50 as minted fees and it sold it for 50k https://coinmarketcap.com/currencies/trac/

I also got Runestone, which is worth 0,05 BTC now.

The key is consistency.

What about P2E games? I haven't hear it anymore.

Not really profitable.

The hype has not yet ended and you are not late to participating in the incentivised testnet, retroactive and many more.

Do you have any groups to share airdrop information, or do you just find them on Bitcointalk? I've joined some groups, but most of the airdrops they share are not profitable. Sometimes, it takes many swap fees to participate in a testnet, but nothing comes back.

[o48o]

I have been thinking about making money in cryptocurrency, but I'm hesitant to try because I don't want to get scammed i.e. didn't get any rewards for the effort I spent. I'm really curious with the current hype in 2024 and how much you've make from it? I know that scam is inevitable in altcoins, so I might be looking to earn with less risk.

What I know the current hypes in 2024 are:
1. Testnet airdrop
2. Meme coins

What about NFT or ordinals? but I think it's really risky because it's non fungible and you can't make sure people will buy your token.
What about P2E games? I haven't hear it anymore.

Probably I missed other hypes or if you know the another way of making money, feel free to comment.

Only with real risk you are making real money, bigger the risk, bigger the potential gain. You either risk using your time for nothing or investing money for nothing. And yeah, you are right, illiquidity of NFTs is problematic, but i also have gained ton of good airdrops with nfts and i am assuming that holders of ordinals would get them some point as well.

Best testnet airdrops are going to be those that are not announced beforehand, and you just have to guess them, so you will be most likely losing money in fees and playing with dexes.
But summa summarum: imho your attitude is wrong as i don't know anyone in here who didn't take ton of risks when they made ton of profits. Even those things where you don't think you are taking risks with are most likely risky, because this is cryptocurrencies we are talking about. It's just when prices are slowly growing, it's harder to remember how much they can crash.

[bluebit25]

If everything good is waiting for you to get it, then life is so simple, right? In the space we can see a lot of work that brings opportunities/risks, what I see from airdrops, bounty, testnet, retro,...

IMO, with each bull cycle, we will witness many new forms of making money. With new trends we will be exposed to different forms, but they are still based on principles from marketing.

Recently we have also witnessed the launch of many projects with huge airdrops, and also holding tokens for rewards, there are many choices and every decision is your choice and responsibility experiment with it.

[Kelvinid]

The only way I know at this point one can make money in the crypto space with testnet airdrops, but it's not only the normal airdrops that we all know but this time it seems to be of a stake to earn airdrops you have to put some money to increase your chance of earning.

For me I wouldnt try NFTs because the problem I'm having in altcoins is already enough, so I wouldn't include NFTs to the problem. Non fungiable toke s are only nice when it was on the trend but now you can easy get rubbed of your money through fake NFT tokwns. Play to Earn, used to be good to but not now anymore it's even harder than to find a good paying game or they offer you there game tokens which can not be sold hence that could be a waste of time.

NFT projects are done already, their time is over, and much more in joining airdrops.
For now, meme coins are still consistently in the hype which really gives profits to the risk-takers. It is really a good venture to choose old projects, even if it was not that hyped like meme coins still, we can assure profit during the bull season.

As the market behavior has changed, we also become adaptable to the situation and act wisely. Still, we need research and market analysis before investing because this is the only way it helps to determine if that project is worth buying or not.

[mdzahed134]

I have been thinking about making money in cryptocurrency, but I'm hesitant to try because I don't want to get scammed i.e. didn't get any rewards for the effort I spent. I'm really curious with the current hype in 2024 and how much you've make from it? I know that scam is inevitable in altcoins, so I might be looking to earn with less risk.

What I know the current hypes in 2024 are:
1. Testnet airdrop

$600 bucks from doing hydro tesnet and it's only one example. $200 from mining Babylon project NFT, which is free, caused by all of the tasks related to the testnet.

2. Meme coins

I participated in the meme token farm and got around 120 bucks by doing some simple tasks.

What about NFT or ordinals? but I think it's really risky because it's non fungible and you can't make sure people will buy your token.

It's not as risky as when you randomly bought ico. In ordinal, what you need is only bitcoin as your minting fee.

Participated in the raffle is free
Getting whitelisted is free

Have you ever known about trac? I minted around 10k token for less than $50 as minted fees and it sold it for 50k https://coinmarketcap.com/currencies/trac/

I also got Runestone, which is worth 0,05 BTC now.

The key is consistency.

What about P2E games? I haven't hear it anymore.

Not really profitable.

The hype has not yet ended and you are not late to participating in the incentivised testnet, retroactive and many more.

Do you have any groups to share airdrop information, or do you just find them on Bitcointalk? I've joined some groups, but most of the airdrops they share are not profitable. Sometimes, it takes many swap fees to participate in a testnet, but nothing comes back.

To find every Airdrops from bitcointalk it's difficult, i see sometimes everyone talking only for hype project. Whatever, i also joined some telegram groups where some members sharing many airdrops but i got decent profits in two or three projects otherwise mostly was shit, you need to spend swap fees in most of the test net projects which is good or bad.

[evichi]

Most often people look down on simple things and look for the complex only to be disappointed on the long run. In a nut shell holding BTC and older altcoins like Ethereum, IMO, is still the best and the most safe. Though the price of Bitcoin is higher now ($63, 108.00 as at 22nd March, 2024) compared to what it is about six months ago ($26,752.00 as at 13th October, 2023), I think one can still make profit if you buy now. It is advisable to be cautious of meme tokens except for old ones like Doge coin. Meme coins mainly increase in value due to hype, and once the hype dies down, the value drops suddenly - making investors to loose. I will advise newbies to ensure you carry out detailed research before investing on meme coins as well as engaging in testnet airdrops.

[Sophokles]

Testnet airdrop is also diminishes as most of the project now requires users to do transaction in mainnet to get the rewards. Just look at stark airdrop and few other where mainnet users got more allocation and focused than testnet participants. It also justify the process as mainnet participants are using their own money which cost them expenses so giving them airdrop make sense.

[BITDV]

What I know the current hypes in 2024 are:
1. Testnet airdrop
2. Meme coins

What about NFT or ordinals? but I think it's really risky because it's non fungible and you can't make sure people will buy your token.
What about P2E games? I haven't hear it anymore.

Some testnets will require a costs to send transactions and pay fees. Only faucet which not require costs, but as you know faucet will only generate small bucks.

Meme coins

I never join the project because of project criteria.

What about NFT or ordinals?

Those NFT should have big community and can attract new user. NFT without big community can be no prospect, and no guarantee that NFT can be sold in the market.

What about P2E games?

It almost same with NFT. But P2E will need extra cost and extra time to do.

Which more profitble ?
Can not say more about this. The simple rule is, you define
 Your own goal and if you think thats profitable you can do it, otherwise no.

[doomloop]

is it true that airdrops are still profitable this year? I last played airdrop almost 7 years ago. and indeed some can provide quite good income, although some are rubbish and worthless. after a lot of trash coins from airdrop I decided to stop from there. So I don't understand if airdrops can still produce results at this time

Airdrops that are trending nowadays aren't like traditional airdrops where you do a bunch of tasks and get a bunch of tokens for free for doing that, those are now limited, and can barely find that kind of airdrops and even if you do, they are not profitable anymore. And airdrops of the current era require you to spend money by participating in the network, making transactions, using dexes and other apps built on their ecosystem, etc.

It depends on one's luck, because first, you need to qualify for the airdrop, and then the token being airdropped should have a value that should compensate you for the fees you had spent and give you some profit on top of it, otherwise, you have just wasted your time and money.

[Miles2006]

Currently from what I have seen is mostly the airdrops, hype like the pumping of newly tokens if only you're lucky enough. I don't think cryptocurrency has another alternative rather you've not seen any at the moment. Gaming tokens can also be of help for quick money, random programs you play and earn like the giveaway, I have never participated in such before but I think people earn genuinely but not everyone cause not everyone incharge will be genuine and sometimes people involved are mostly scammers. From my opinion anything that has to do with crypto and fast money not all will serve profit.

[Mate2237]

Op since you are afraid of scam which everyone meaningful investor must afraid, you can invest in Ethereum and Solana which is risk free projects in the cryptocurrency ecosystem though there are others there too but those are legit ones. Airdrops or memecoins are the most risky projects in the ecosystem because those ones are the ones scammers use to lure people to invest and run are with money. NFT is not like before again and I will not advise anyone to deal with that token again because they are the cause of increasing the transaction fees in the bitcoin network.

Op if you are interested to invest in any altcoins invest in Ethereum, Solana and Dogecoin then the latest one is Eloncoin.

[arjunmujay]

airdrops of the current era require you to spend money by participating in the network, making transactions, using dexes and other apps built on their ecosystem, etc.

I've been away from airdrops for a long time, it turns out there's been a drastic change here. In the past, traditional airdrops were very resistant to airdrops involving the use of money to participate, but now they are required to spend money first to try out the network and so on to later get the airdrop tokens.

I think this is too risky, because as you said it could be a waste of time and money just to get a meager income.

[wxa7115]

airdrops of the current era require you to spend money by participating in the network, making transactions, using dexes and other apps built on their ecosystem, etc.

I've been away from airdrops for a long time, it turns out there's been a drastic change here. In the past, traditional airdrops were very resistant to airdrops involving the use of money to participate, but now they are required to spend money first to try out the network and so on to later get the airdrop tokens.

I think this is too risky, because as you said it could be a waste of time and money just to get a meager income.

To be as direct as possible, airdrops are not really airdrops anymore, the reason to be of airdrops was to allow a person to try the network by giving them a small amount of coins for free without any conditions attached.

But developers have realized that even if they have changed the nature of airdrops to the point of becoming unrecognizable, there are enough people out there willing to put up with their nonsense, so they do not see the point of offering their coins for free when they can charge for them.

[Denamen]

I would say that now is not a good time to participate in test nets or bounties with missions like token swapping or similar tasks. The fees are high at the moment, and most of the projects are scams. In my opinion, the best time to engage in a test net is during a downtrend when the fees are more acceptable, so even if they scam you, it's not as significant. Currently, the best way to make money from the start is to participate in bounties involving sharing, posting missions, or buying some cheap new meme coins.

[blx7089171]

I have never earned a lot of money through airdrops. This method needs to continue to invest and facing the huge uncertainty of income.

[8rch7]

I would say that now is not a good time to participate in test nets or bounties with missions like token swapping or similar tasks. The fees are high at the moment, and most of the projects are scams. In my opinion, the best time to engage in a test net is during a downtrend when the fees are more acceptable, so even if they scam you, it's not as significant. Currently, the best way to make money from the start is to participate in bounties involving sharing, posting missions, or buying some cheap new meme coins.

Spending much fees for eligible airdrop some time is not worth, many retroactive airdrop change their rule few days after snaphoot after participants loss much money for purchasing fees without hold minimum required amount.
Better testnet without spending much fees and has potential when the project launching their mainnet to earn much airdrop reward allocation, have many way to earn in cryptocurrency not only airdrop but also participating in bounties and content events still worth although have many participants joining.
For airdrop make good research if spending much money or hold some coins for one or two months checking with potential profitable or get loss with more coins holding.

[peter0425]

Currently from what I have seen is mostly the airdrops, hype like the pumping of newly tokens if only you're lucky enough. I don't think cryptocurrency has another alternative rather you've not seen any at the moment. Gaming tokens can also be of help for quick money, random programs you play and earn like the giveaway, I have never participated in such before but I think people earn genuinely but not everyone cause not everyone incharge will be genuine and sometimes people involved are mostly scammers. From my opinion anything that has to do with crypto and fast money not all will serve profit.

Though i have participated in some occasion but never that  i loved joining because it is more on not worth the  time and not worth the chances.

though there are giveaways that gives me earning in some points  but truly? the whole concept is only a time consuming but not worth the totality.

[Kristiyana]

airdrops of the current era require you to spend money by participating in the network, making transactions, using dexes and other apps built on their ecosystem, etc.

I've been away from airdrops for a long time, it turns out there's been a drastic change here. In the past, traditional airdrops were very resistant to airdrops involving the use of money to participate, but now they are required to spend money first to try out the network and so on to later get the airdrop tokens.

I think this is too risky, because as you said it could be a waste of time and money just to get a meager income.

I don't like participating in airdrop project, reason been that most of those airdrop project are scam, a legit airdrop project is very rare this time due to the rate of scammers. However a friend of my introduce me to this satoshi app where I can claim free airdrop, although I made research about this app I think the app is somehow genuine, so I have been thinking if i will give it a trial, what did you think?