Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Best on April 14, 2024, 03:53:25 PM

Title: Trading is not the only way to make money. Here is why!
Post by: Best on April 14, 2024, 03:53:25 PM
Yes, it is true! Trading isn't the only way to make money. We can make money through investment which I know most of you already know how. What about the other means of making money aside investing. Some could call it Farming while some can call it Staking.

What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.

We won't deny the fact any coin that is listed under Launhpool and Launpads comes with massive gains. I have seen massive gains from Bitget Launchpads and traders picking interest from their PoolX because of their success story in their Launchpads

What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.

In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Learn Bitcoin on April 14, 2024, 05:07:26 PM
What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.
People who have been in crypto know these things. But, as you may know, not everyone likes Centralized exchanges where the launchpad or the launch pool takes place. Instead, I prefer farming airdrops with new projects that want beta testers or sell nodes before they launch their projects. Of course, it is risky and you must research before investing in such a project.

Quote
What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.
To be honest, I consider pre-market as gambling. Because we don't know what will be the price of a token when it gets listed on the exchange, there could be a huge difference in the price when it is listed on the exchange. XAI traders know what happened to them.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: LogitechMouse on April 14, 2024, 06:46:06 PM
What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.

We won't deny the fact any coin that is listed under Launhpool and Launpads comes with massive gains. I have seen massive gains from Bitget Launchpads and traders picking interest from their PoolX because of their success story in their Launchpads
Whether it would be launchpad, or launchpool, or whatever it is, there's only one fact about them.
Whales will prevail. :)

Those who have lots of BNB or BGB token are the ones that will get the most out of these new projects and when the perfect time comes, they will dump it on the investor's faces. Well, I also joined launchpads on Binance and I would say that it's kind of rewarding because it's like you holding BNB which can appreciate in price but at the same time, getting some free tokens through this feature. 2 birds in 1 stone I guess. That is if you are comfortable in storing money in Centralized Exchanges or you are an avid supporter of either Binance or Bitget.

What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.
It's the first time I heard this term. Good that OP shared it here. Like what the post above said, it's kind of gambling because you will not know the actual price of it until it gets listed. Some might bought it for 2$ but when it gets listed, it's priced at $0.50 which is a huge loss for them already.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on April 14, 2024, 07:04:05 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: MrSpasybo on April 14, 2024, 08:50:12 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are several ways to make money in the crypto market:

1. If you have money:
+ Invest in new projects during Pre-Sale, IEO, Launchpool, and Launchpad phases to profit from their price appreciation.
+ Engage in trading.
+ Become a market maker for a project.
+ Provide OTC services.

2. If you have certain skills:
+ Join a project's DevTeam .
+ Work for a crypto company.

3. If you have no money: participate in airdrops and bounty campaigns.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: SamReomo on April 14, 2024, 09:18:01 PM
Trading is a good way to make money with crypto-currencies, but it's not the only way to make money. I prefer investing as other alternative way to make money from crypto market.

I have been in crypto market since 2016, and I believe that investing with a DCA strategy is much profitable then trading.

One can also make money by purchasing new coins in their presale but those are quite risky and can cause huge losses as well.

The best and most useful way to make some money from crypto market is by enrolling in signature campaigns if you are a ranked member at some reputed forums.

Newbies can also get some money by joining bounty campaigns but the amount earned is quite low.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: electronicash on April 14, 2024, 09:52:54 PM

i have not understood that pre-market by the way. i will really need to look into it and maybe just test myself whether i can make few bucks to it but if binance is not doing it. then i might find myself signing up to this kucoin.

there are other few more ways to make money besides these one. i'm just not sure of investing altcoins for now. especially the new ones. but buying the dip right now is probably one best solution.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bounceback on April 14, 2024, 10:28:31 PM
I know trading isn't the only way to make money in cryptocurrency but some your list way is difficult and too risk such as launchpad with most fewest coins allocated then pre market listing invest very risk how potential official price listing under pre market.
But its not bad with launchpool just needed large amount for staking BNB or FUSDT and USDT coins with Binance and Bybit most friendly exchange has large offering reward. I hold BNB since lower price and consistent joining launchpool in Binance, after new CEO Binance most active has around 2x until 4x new launchpool every month.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Best on April 15, 2024, 12:18:14 AM

i have not understood that pre-market by the way. i will really need to look into it and maybe just test myself whether i can make few bucks to it but if binance is not doing it. then i might find myself signing up to this kucoin.

there are other few more ways to make money besides these one. i'm just not sure of investing altcoins for now. especially the new ones. but buying the dip right now is probably one best solution.
Binance hasn't gotten the feature year but yeah, Kucoin does have it. Another Cex that has it is Bitget and they have already started it with Merl, you can check it out and see how it works.

But in the Pre-Market, you have to be careful and less greedy because of the risk that comes with it. The  Pre-market trade is just simply OTC trading of new coins before their official listing.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Best on April 15, 2024, 12:33:03 AM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are several ways to make money in the crypto market:

1. If you have money:
+ Invest in new projects during Pre-Sale, IEO, Launchpool, and Launchpad phases to profit from their price appreciation.
+ Engage in trading.
+ Become a market maker for a project.
+ Provide OTC services.

2. If you have certain skills:
+ Join a project's DevTeam .
+ Work for a crypto company.

3. If you have no money: participate in airdrops and bounty campaigns.
And that's that. More people need to see this and know where they balance at
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Davidvictorson on April 15, 2024, 07:39:21 AM
What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.
Anyone who is just learning to trade shouldn't attempt Pre-market trading on any crypto exchange. It is very risky due to factors like lack of liquidity and unpredictable price movements. I see it like a sword with two edges. That is, for a beginner trader it is a risky endeavor that can liquate them in a heartbeat while for the expert trader, pre-market trading is another opportunity for profit making requiring caution and careful risk management one of which is using smaller position sizes.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: hugeblack on April 15, 2024, 10:40:17 AM
These methods aim to attract financing for projects, make the owners of those projects or developers rich, and then share the profit with you. The weakest party is you, and in return, your gains are small, and there are no guarantees of recovering capital, insuring deposits, or at least guaranteeing a minimum level of profits.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Learn Bitcoin on April 15, 2024, 05:08:33 PM
3. If you have no money: participate in airdrops and bounty campaigns.

Not only if we do not have money, but if you want risk-free income, then you should participate in airdrops. I have money in my crypto wallet, but I don't want to invest it in a new project because we never know which project will boom and which will scam. More than 70% of crypto startups fail only because of investments. If crypto projects can create hype within a short period of time, they get investment from the investors and they stay on the market.

On the other side, a crypto project starts with the expectation that they will get some investment from the market and most of them fail to attract users and they end up abandoning the project. To avoid these risks, I do not invest in new projects. If you have a good community, you can make money by doing airdrops.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Findingnemo on April 15, 2024, 07:06:56 PM

What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.


Sorry to say this but the chances of making money from this kind of investment is less while the returns can be quite higher.

And for making profits someone has to be active in their trading activity so definitely one should be a trader to follow this and make money.

As title says, trading is not the only way, actually the most important while less risky way is just buy BTC and sell it after few years.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Gurujebs on April 15, 2024, 07:54:53 PM
We won't deny the fact any coin that is listed under Launhpool and Launpads comes with massive gains. I have seen massive gains from Bitget Launchpads and traders picking interest from their PoolX because of their success story in their Launchpads

What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.

In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal

I'm not sure if you understand launchpad very well but I know poolx and know how the project was hack that lead to the crash of their tokens.
Launchpad will make you hold the native coin of their project which is always high, minimum I have seen is $2k and then you buy an allocation as small as $300 of a new project and then launch in trading, if it's in bull run you can make something but in a bear market, you will likely make nothing because nobody will be interested.

Another negativity of launchpad is that their own native token may crash and leave you with nothing. The last time Poolx was hacked, millions was lost by the holders because all their tokens used for participation of launchpad were staked and weren't allowed to unstake to minimize losses.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: AvatarSiri on April 16, 2024, 08:24:24 AM
What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.

We won't deny the fact any coin that is listed under Launhpool and Launpads comes with massive gains. I have seen massive gains from Bitget Launchpads and traders picking interest from their PoolX because of their success story in their Launchpads
Whether it would be launchpad, or launchpool, or whatever it is, there's only one fact about them.
Whales will prevail. :)

Those who have lots of BNB or BGB token are the ones that will get the most out of these new projects and when the perfect time comes, they will dump it on the investor's faces. Well, I also joined launchpads on Binance and I would say that it's kind of rewarding because it's like you holding BNB which can appreciate in price but at the same time, getting some free tokens through this feature. 2 birds in 1 stone I guess. That is if you are comfortable in storing money in Centralized Exchanges or you are an avid supporter of either Binance or Bitget.

What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.
It's the first time I heard this term. Good that OP shared it here. Like what the post above said, it's kind of gambling because you will not know the actual price of it until it gets listed. Some might bought it for 2$ but when it gets listed, it's priced at $0.50 which is a huge loss for them already.

I don't really think so, unlike some platforms with outrageous minimum requirements, for BGB I think it's about 50 for launchpools, PoolX. That's about $60-70 for current price and there's a Max cap. So imo this is well thought out for retail and whales alike.. for pre market it's like OTC, giving you an early entry for project you supports.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Rruchi man on April 16, 2024, 08:08:56 PM
Yes, it is true! Trading isn't the only way to make money.
Trading is actually not for everyone.

In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal
In the crypto environment, find your niche, find what has become the most easy for you to understand, and the focus on it. Not every crypto owner has to be a trader, a dedicated investor can profit from crypto than a crypto trader.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: UNIVERSE on April 17, 2024, 12:07:08 AM
Yes, it is true! Trading isn't the only way to make money. We can make money through investment which I know most of you already know how. What about the other means of making money aside investing. Some could call it Farming while some can call it Staking.
Indeed, trading is not the only way to make money in the crypto space. Moreover, trading is one method that is actually very risky in the crypto space to do, especially for beginners. There are also many ways to trade, the most high risk is trading on the Future market. Meanwhile, this is not recommended for beginners. However, the problem is that beginners are actually interested in trading futures only because they have already paid for a VIP member trading signal member. However, this does not guarantee that they will be successful immediately.

In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal
Yes, there are several ways. And as you have listed above, following Launchpool and several other pre-markets also seems to be quite interesting. It's just that sometimes we can't analyze which token or coin will really be successful if we follow it, especially if it's a new coin, often we hesitate to do it because of our ignorance. However, for launchpools and launchpads held on top exchanges, sometimes we only get a little because the capital is quite small. ha ha

Oh yes, the easiest thing for beginners is actually holding top coins, especially Bitcoin and several top altcoins. This is good enough for everyone especially beginners.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Gladitorcomeback on April 17, 2024, 08:36:24 AM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.

Do bounties and airdrops give any profit anymore? I thought bounties pay dust in the name of rewards to their participants, you can barely get a few bucks for making efforts to promote them for weeks which isn't worth it in my opinion, and talking about airdrops, only profitable airdrops are the ones that require you to spend money on transactions and marking your participation in the testnet or mainnet and that would require one to have money.

If you are investing a few hundred dollars just to become eligible for an airdrop it isn't the best way to earn money for a newbie that too having the risk that the project might not do an airdrop and all your money is gone.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on April 17, 2024, 02:58:37 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.

Do bounties and airdrops give any profit anymore? I thought bounties pay dust in the name of rewards to their participants, you can barely get a few bucks for making efforts to promote them for weeks which isn't worth it in my opinion, and talking about airdrops, only profitable airdrops are the ones that require you to spend money on transactions and marking your participation in the testnet or mainnet and that would require one to have money.

If you are investing a few hundred dollars just to become eligible for an airdrop it isn't the best way to earn money for a newbie that too having the risk that the project might not do an airdrop and all your money is gone.
In my opinion, for beginners, it doesn't matter if we participate in Bounties or Airdrops, even though now Bounties and Airdrops are not like they used to be, because from here we can also learn knowledge about cryptocurrencies. 
If we want to be more worthy, we have to participate in the Testnet Airdrop, but this is a little complicated because experience is needed. If we have received capital, we can also participate in retrodop and can also start trading.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on April 17, 2024, 03:22:18 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are several ways to make money in the crypto market:

1. If you have money:
+ Invest in new projects during Pre-Sale, IEO, Launchpool, and Launchpad phases to profit from their price appreciation.
+ Engage in trading.
+ Become a market maker for a project.
+ Provide OTC services.

2. If you have certain skills:
+ Join a project's DevTeam .
+ Work for a crypto company.

3. If you have no money: participate in airdrops and bounty campaigns.
Looks like the right thing for me to do right now is number 3 hahaha.  Participating in Bounty and Airdrop projects, even though there are currently many Airdrops and Bounties that are not feasible, I still continue to work on them. Indeed, this method is the method most often used by people like me.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: taufik123 on April 17, 2024, 11:05:18 PM
Looks like the right thing for me to do right now is number 3 hahaha.  Participating in Bounty and Airdrop projects, even though there are currently many Airdrops and Bounties that are not feasible, I still continue to work on them. Indeed, this method is the method most often used by people like me.
If you meticulously and consistently work on airdrops and bounties, you will find airdrops and bounties that give quite good results according to the task given.
There are many airdrop incentives that lately provide quite large rewards, depending on how consistent you are to test the network even though it requires initial capital for transaction fees.

But you can also do many free airdrops without any capital, just fulfill the requirements and do the task.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on April 18, 2024, 05:38:45 PM
Looks like the right thing for me to do right now is number 3 hahaha.  Participating in Bounty and Airdrop projects, even though there are currently many Airdrops and Bounties that are not feasible, I still continue to work on them. Indeed, this method is the method most often used by people like me.
If you meticulously and consistently work on airdrops and bounties, you will find airdrops and bounties that give quite good results according to the task given.
There are many airdrop incentives that lately provide quite large rewards, depending on how consistent you are to test the network even though it requires initial capital for transaction fees.

But you can also do many free airdrops without any capital, just fulfill the requirements and do the task.
I agree with this comment, consistency is the key to success in working on Airdrop. But because of busyness in everyday life, sometimes we cannot be consistent. 
But lately I've been more focused on working on it, with the hope that one day I can get the jackpot from Airdrop.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Jamal Aezaz on April 18, 2024, 08:21:52 PM
Looks like the right thing for me to do right now is number 3 hahaha.  Participating in Bounty and Airdrop projects, even though there are currently many Airdrops and Bounties that are not feasible, I still continue to work on them. Indeed, this method is the method most often used by people like me.

Trading is risky and most of the people are facing loss while they trade but some other ways are also there in the crypto world and participating in bounties and airdrop is also included in it.

If you participate in bounties by knowing about the bounty creators then you can make a good sum of money and also one important thing is that your money will not be wasted in bounties as they offer rewards based on your hard work.

Airdrops are also full of advantages but some of them don't allow reward and others give you huge reward therefore try to participate in bounties and airdrop as there is no risk of losing money and your reward will also be bigger.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Faisal2202 on April 18, 2024, 10:18:01 PM
In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal
I don't prefer staking, farming as a good source of income because it kind a stops us at the point and makes us think that we don't need to do anything but it gives these vibes only when staking is making us profit. And speaking of launch-pools and launchpads, you can't make a good profit from them as you need good investment in your hands in order to get a good allocation.

Small money makes small money, but there are projects that can make your small money a big one. For example, risk free money making way is joining airdrops, although they require a lot of time and dedication, but if you don't have enough funds to start making investments then I will suggest you one and only one thing and that is don't miss any airdrop and join them all.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bisdak40 on April 19, 2024, 03:48:06 AM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are several ways to make money in the crypto market:
~snip~
3. If you have no money: participate in airdrops and bounty campaigns.

This scenario is the most common way to earn money in crypto as for me, investing your savings in crypto is very risky because of price volatility but if you are a skilled trader or a wise investor then you could use your savings in investing in crypto but for newbies it is very dangerous.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bayu7adi on April 19, 2024, 08:27:37 AM
I also realize that, there are even lots of opportunities that we can maximize in the world of cryptocurrency that can make money. One of the things I'm highlighting right now is in the realm of content creators... yes, creating content and getting impressions is currently quite popular for marketing needs... and until now there are very few people who are able to provide good content with attractive visuals...

It seems that many people have to immediately change their mindset and try to maximize other potentials that are still related to cryptocurrency.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: gunhell16 on April 19, 2024, 08:32:11 AM
That's true, especially if you have other skills that you can offer here to benefit you as an individual. You can still make a profit. Now, about what you say about farming
and staking, you can do it on any exchange platform as long as it has farming and staking features.

As long as you explore here, you will find many ways to get profit, and it's true that we can't get profit only from trading; that's the fact that most people here know.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: taufik123 on April 19, 2024, 11:04:05 PM
Launchpad, launchpool, presale or the like requires capital to be able to make a profit and of course there are a minimum of coins held to meet the criteria.

Of course this will not be done by those who do not have the capital to buy certain coins used for launchpad.

The way to make money the free way is to take part in Airdrops, Bounties and Giveaways, it is the right way for anyone who does not have investment capital.

Finding capital from free projects and building their investments from scratch, it will be something extraordinary.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Doovla on April 20, 2024, 02:38:44 PM
Investing in projects such as pre-sale process or certain other sales before the launch on CEX exchanges, stakes from sites for directly transferred coins and campaigns on forums of various kinds are literally a very good option in the crypto world, even with a small amount in the wallet.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: pacar_tiri on April 21, 2024, 05:22:07 PM
Investing in projects such as pre-sale process or certain other sales before the launch on CEX exchanges, stakes from sites for directly transferred coins and campaigns on forums of various kinds are literally a very good option in the crypto world, even with a small amount in the wallet.
It's true, the risks involved are very big, but at least we have to do research before deciding to put the money we have into a new project. Don't trust too easily, we have to ensure very deeply, even down to the authenticity of the team behind the project they are building.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bayu7adi on April 22, 2024, 07:49:56 AM
Investing in projects such as pre-sale process or certain other sales before the launch on CEX exchanges, stakes from sites for directly transferred coins and campaigns on forums of various kinds are literally a very good option in the crypto world, even with a small amount in the wallet.
For small amounts of money, this is not a problem, maybe just being curious about the development of related projects is normal. The risk, which is quite high, is indeed not appropriate to be used as the main investment vehicle in the world of cryptocurrency. 1% - 5% of our total free money is of course a reasonable amount to buy coins during the sales period.

To be even more convincing, I recommend investing in projects that are already running and have good progress. The risk is lower than a new project, but sometimes it still has the possibility of providing high gains in the future.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: emmybd on April 22, 2024, 12:08:38 PM
While trading is a popular method, there are several other ways to earn money in the crypto space. Here are some of the top methods.

Crypto Staking:
Crypto Lending:
Play-to-Earn Games:
Crypto Mining:
Investing in Presales & New Coins:
Yield Farming & Lending:
Title: Re: Trading is not the only way to make money. Here is why!
Post by: TopT3ns on May 03, 2024, 09:21:14 PM
Investing in projects such as pre-sale process or certain other sales before the launch on CEX exchanges, stakes from sites for directly transferred coins and campaigns on forums of various kinds are literally a very good option in the crypto world, even with a small amount in the wallet.
For small amounts of money, this is not a problem, maybe just being curious about the development of related projects is normal. The risk, which is quite high, is indeed not appropriate to be used as the main investment vehicle in the world of cryptocurrency. 1% - 5% of our total free money is of course a reasonable amount to buy coins during the sales period.

To be even more convincing, I recommend investing in projects that are already running and have good progress. The risk is lower than a new project, but sometimes it still has the possibility of providing high gains in the future.
I think the risk will still be there, low or high risk of course we must still avoid it so that we don't lose the money we use to trade or invest in new projects. Buying coins with capital up to a maximum of 5% in my opinion is still not enough. At least we use 10% of the capital to buy new coins and the other part for coins that are old or have good potential for the future.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: ajiz138 on May 04, 2024, 03:53:15 PM
It's true, the risks involved are very big, but at least we have to do research before deciding to put the money we have into a new project. Don't trust too easily, we have to ensure very deeply, even down to the authenticity of the team behind the project they are building.
Yes, we have to be able to make sharp analyzes so that we don't fall into fraud, especially since we have to use the money we have, so be careful before we enter.

Even though we have made an in-depth analysis, this does not mean that we are free from risk, because risk will always be there, and that is why we must be prepared for all possible possibilities, including the losses we will experience.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: jeraldskie11 on May 04, 2024, 04:10:36 PM
Indeed! There are various ways to generate money in cryptocurrency besides trading and investing. You can earn money by staking your assets and participating in launchpads and launchpools. Honestly, it all depends on their gimmick. Just as in Memeland, I simply hold a memecoin to receive a steak every week, and the steaks I earn can be used to claim a part of an airdrop. If you have crypto-related skills, it could be a source of money for you.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: enwi on May 07, 2024, 12:43:58 PM
It's true, the risks involved are very big, but at least we have to do research before deciding to put the money we have into a new project. Don't trust too easily, we have to ensure very deeply, even down to the authenticity of the team behind the project they are building.
Yes, we have to be able to make sharp analyzes so that we don't fall into fraud, especially since we have to use the money we have, so be careful before we enter.

Even though we have made an in-depth analysis, this does not mean that we are free from risk, because risk will always be there, and that is why we must be prepared for all possible possibilities, including the losses we will experience.
Currently getting money is very difficult to do so we have to try our best to remain careful when we want to make any purchase. There are still many projects created that ultimately end up being scams.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 07, 2024, 12:49:18 PM
~~~~~
In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal


there is also lending, dear friends
Lending is fantastic, you have to lend money to those who want to do leveraged trading
whatever your outcome, whether your trade goes well or badly, we receive commissions
exchange like
- bitfinex
- poloniex
- kucoin
they offer markets where those who lend money can decide the % they prefer and this is very nice
Binance decides what % to give you, this is not nice
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bitterguy28 on May 07, 2024, 12:58:44 PM
I used to  do staking back then specially when Binance is still in good form in my country but have stopped years ago.
though  i know how good this is but isn't that  safe completely as there is still the HODLING that i trusted more so maybe will be consider other options in the future but not for now.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 08, 2024, 02:09:16 PM
I used to  do staking back then specially when Binance is still in good form in my country but have stopped years ago.
though  i know how good this is but isn't that  safe completely as there is still the HODLING that i trusted more so maybe will be consider other options in the future but not for now.


eh, stacking is also a good activity with PoS but you expose yourself to immaterial loss if by chance the coin loses a lot of money
see who had bet on CAKE
yes you had a very high % of CAKE return but in the meantime CAKE has lost like 90%, so you are in any case at a loss

Title: Re: Trading is not the only way to make money. Here is why!
Post by: JISAN on May 08, 2024, 06:42:53 PM
There are different ways to earn money in crypto trading is one of them but not the only way I agree with you. one can invest in crypto for long term, one can join launchpad, launchpool of various exchanges. others can do bounty, airdrops to earn free crypto coins. Cryptocurrency has changed the lives of many in many ways. Because of this, cryptocurrency has become a very popular means of earning. Bitcoin is one of the most popular and trusted coins in which many people's lives have changed by investing
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Agbe on May 08, 2024, 09:19:10 PM
There are some things or jobs to do for one to make money which you didn't mention but you only mentioned trading and exchanges. One can make money from airdrops and bounty hunting and also in joining signature campaigns. And in the trading too if you want to make money, you can trade with cheap coins and make good profit from them. And I prefer using the real trading site or apps than using exchange to trade.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bounceback on May 08, 2024, 10:02:45 PM
There are some things or jobs to do for one to make money which you didn't mention but you only mentioned trading and exchanges. One can make money from airdrops and bounty hunting and also in joining signature campaigns. And in the trading too if you want to make money, you can trade with cheap coins and make good profit from them. And I prefer using the real trading site or apps than using exchange to trade.
In cryptocurrency world, has many ways to earn or make money not only with trading but also joining bounties campaign, airdrop and content creator are the other way earn income.
But if have capital, not only with trading but also staking or joining launchpool project currently in Bybit and Binance give us much profitable to earn profit or make money.
but for free earn money in cryptocurrency are joining bounty, airdrop and doing all testnet project behind many testnet reward most promising.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Jamal Aezaz on May 09, 2024, 02:32:28 PM
It's true, the risks involved are very big, but at least we have to do research before deciding to put the money we have into a new project. Don't trust too easily, we have to ensure very deeply, even down to the authenticity of the team behind the project they are building.

New projects are full of risk but if chosen wisely then this risk can turn into profit. Individuals often select those projects which grow quickly in their value but this type of investment is only based on greed which will not offer profitable outcomes.

By investigation about the team we can find a way in which the project should be selected but if people don't give time to Investigation then the possibility of falling into the wrong concept will be more. If you give time to research then your investment will give you outcomes according to your dreams and everyone will face hurdles before success.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: SamReomo on May 09, 2024, 10:12:28 PM
And in the trading too if you want to make money, you can trade with cheap coins and make good profit from them.
Trading cheap coins could be very risky as well. Most of those can get dumped very badly, but if someone can find a mega project in its early days then that person could make some good profits by trading or investing in that project.

As a trader I prefer to trade only those coins which have high market caps. The coins with high marketcaps always recover no matter if it takes them years, but we should also know in depth about the coins that we trade.

Like in the previous bull run one of the top coins named Terra Luna got dumped so badly that people have lost millions of dollars worth of funds within a few days. That's why I believe that we should do our research as trader before actually trading any coin.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Litzki1990 on May 10, 2024, 06:02:16 AM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bayu7adi on May 10, 2024, 08:54:55 AM
There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.
Of course that's not a problem as long as you really want to enter the world of cryptocurrency from a free route... you can take part in bounties, airdrops or signature campaigns to get your initial money. After that, joining a staking, farming or pool program might broaden your insight into which is the most effective way to earn money. After that you have to try other methods such as investment or maybe arbitrage... the world of cryptocurrency is very wide, so you can try many things and explore all kinds of ways to make money.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on May 10, 2024, 05:07:00 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.
The point is that in the cryptocurrency industry there are many ways to make money, whether in small or large amounts. What we need to do is continue to gain knowledge here, the longer we are in the cryptocurrency industry, the more experience we can gain. 
Keep up the enthusiasm, so that we can make a profit in this cryptocurrency.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bounceback on May 10, 2024, 11:57:49 PM
There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.
Having skill about cryptocurrency has chance to be moderator or some project and earn money in cryptocurrency, its not get lucky with trading, investing or bounty campaign actually has chance behind many project launching every day and they are looking for ambassador to handle with their social media account.
My friend has skill and knowledge about cryptocurrency and earned around $300 to $500 every month by applying as ambassador on new project, indeed not running for long term we can apply on many project and earn much money in cryptocurrency.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Google+ on May 11, 2024, 08:48:32 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.
The point is that in the cryptocurrency industry there are many ways to make money, whether in small or large amounts. What we need to do is continue to gain knowledge here, the longer we are in the cryptocurrency industry, the more experience we can gain. 
Keep up the enthusiasm, so that we can make a profit in this cryptocurrency.
Exactly, we can take advantage of many ways to keep making money from the cryptocurrency industry, sometimes when starting at the beginning it will feel very difficult, but that is the process we have to go through to get results from cryptocurrency, such as airdrops, bounty campaigns and node testers.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: ajiz138 on May 11, 2024, 09:42:24 PM
Exactly, we can take advantage of many ways to keep making money from the cryptocurrency industry, sometimes when starting at the beginning it will feel very difficult, but that is the process we have to go through to get results from cryptocurrency, such as airdrops, bounty campaigns and node testers.
Nothing is instant in anything, especially when it comes to money, of course everything requires a process.

Hunting for airdrops, for example, will we just know how airdrops work? of course not. We must be able to understand what airdrops are, how they work and what we must do so that we get rewards from them.

We also have to understand what we will use to follow an aridrop. For example, we must have Twitter (X) and so on. We can't possibly know all of this instantly.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Primo1760 on May 11, 2024, 09:54:01 PM
Yes, it is true! Trading isn't the only way to make money. We can make money through investment which I know most of you already know how. What about the other means of making money aside investing. Some could call it Farming while some can call it Staking.

What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.

We won't deny the fact any coin that is listed under Launhpool and Launpads comes with massive gains. I have seen massive gains from Bitget Launchpads and traders picking interest from their PoolX because of their success story in their Launchpads

What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.

In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal
There are many ways to earn money. But it is not a matter that you have to earn money only by trading, many people are making money from this and taking profit. If one understands investment well and earns money by investing then investment is good for him and if one can earn money from lunchpad, lunchpool then that is also good for him. The goal is to make money. But you have to admit that it is not easy to make money from trading because it is very difficult to make money from trading. Those who find it very easy to make money from trading are the ones who sometimes lose a lot of money from trading and finally return home empty handed. But whatever you do, it is better to act with understanding and never do anything without understanding.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: kulkhan on May 11, 2024, 10:09:53 PM
There are many way available in cryptocurrency market to earn money. Trading is not only way to earning money. We can earn money by staking, trading, holding, even we can earn money from Bounty and Airdrop.

Moreover many people earn money from ico, ido etc. So i think trading is not only earning source from cryptocurrency market. Huge way available here to earn money.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: MUGNIA on May 12, 2024, 04:08:55 PM
You are right, in Cryptocurrency there are many ways that we can do to get money or profits. Not only trading, because this trading is only carried out by those who have capital. For people who are new to the cryptocurrency industry, Participating in Airdrops and Bounties is a great way to earn money in the cryptocurrency industry.
There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.
The point is that in the cryptocurrency industry there are many ways to make money, whether in small or large amounts. What we need to do is continue to gain knowledge here, the longer we are in the cryptocurrency industry, the more experience we can gain. 
Keep up the enthusiasm, so that we can make a profit in this cryptocurrency.

Knowledge must always be sought because knowledge is capital for a better life, especially in crypto, there are many trends in managing crypto itself, so in my opinion, keep listening so you don't get left behind in crypto developments.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on May 12, 2024, 04:48:36 PM
The point is that in the cryptocurrency industry there are many ways to make money, whether in small or large amounts. What we need to do is continue to gain knowledge here, the longer we are in the cryptocurrency industry, the more experience we can gain. 
Keep up the enthusiasm, so that we can make a profit in this cryptocurrency.
Exactly, we can take advantage of many ways to keep making money from the cryptocurrency industry, sometimes when starting at the beginning it will feel very difficult, but that is the process we have to go through to get results from cryptocurrency, such as airdrops, bounty campaigns and node testers.
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: taufik123 on May 12, 2024, 11:37:33 PM
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
Giving up just because of the initial loss on the trade or not getting a profit on the airdrop or bounty is an obstacle why one cannot succeed in crypto.

I myself even pretty much got a loss at the beginning and I consider it a learning process, a lot of airdrops that don't pay and are just scams etc.
That way we will know what to do, and it will be even better to choose which project is suitable, trade well and correctly so that it will get a profit.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 13, 2024, 10:53:15 AM
There are different ways to earn money in crypto trading is one of them but not the only way I agree with you. one can invest in crypto for long term, one can join launchpad, launchpool of various exchanges. others can do bounty, airdrops to earn free crypto coins. Cryptocurrency has changed the lives of many in many ways. Because of this, cryptocurrency has become a very popular means of earning. Bitcoin is one of the most popular and trusted coins in which many people's lives have changed by investing

you know that I have never tried this system
could you explain to us how it works in practice, if I don't remember in some cases you have to hold the token of the exchange that offers the launchpad and you also have to have several
but I never looked into it further
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bayu7adi on May 13, 2024, 11:39:01 AM
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
This is a fact and indeed many people think that earning money from cryptocurrency is easy at first, but after knowing that there are so many failures waiting for us, it changes their minds. They actually come just for the money, and leave at a loss because they don't know the basic science of cryptocurrency and also don't understand how cryptocurrency works fundamentally.

In fact, these people are just lazy to learn about it and underestimate cryptocurrency.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: bitbit97 on May 13, 2024, 12:27:42 PM
I dont get it, so what are we discussing for 4 pages here? That there are different methods to earn in cryptocurrency? I am amazed then why this topic is not in newbie section. Cryptocurrency offers plenty of ways to earn, even by doing nothing people manage to get rich. Dont forget that people are very creative and figure out new methods all the time.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Gurujebs on May 13, 2024, 01:07:07 PM
I dont get it, so what are we discussing for 4 pages here? That there are different methods to earn in cryptocurrency? I am amazed then why this topic is not in newbie section. Cryptocurrency offers plenty of ways to earn, even by doing nothing people manage to get rich. Dont forget that people are very creative and figure out new methods all the time.

You spoke the words out of my head. Seems many here didn't know that tap tap is now a new thing to make money from crypto. I mean I know a guy that tap the hell out of his phone and upon checking his shared balance of notcoin, he is having 67k notcoin and I'm not sure if he has one account because of how easy it's for people to cheat in free things.

There is this block with hash tag people were using some weeks ago, just spamming comment sections on X platform and including that on comments just to get points, it's crazy indeed how people get innovative everyday to earn from crypto.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on May 13, 2024, 06:43:33 PM
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
This is a fact and indeed many people think that earning money from cryptocurrency is easy at first, but after knowing that there are so many failures waiting for us, it changes their minds. They actually come just for the money, and leave at a loss because they don't know the basic science of cryptocurrency and also don't understand how cryptocurrency works fundamentally.

In fact, these people are just lazy to learn about it and underestimate cryptocurrency.
That's how it is, only people who are diligent and selected will be able to survive here. Studying cryptocurrencies is also not easy if we only rely on one option, the very rapid development of crypto requires us to surf more widely to get the latest information about crypto. Because if not we will just walk in place, and maybe we will be left behind by others.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Captain Corporate on May 14, 2024, 12:33:19 AM
Long term planning is the way to go without a doubt. If you could put aside even a small portion of your salary into bitcoin every month for 20 years, can you imagine how rich you will be? Nobody wants to wait 20 years to be wealthy but that is the most guaranteed way to make money. Obviously a lot of people will hate it, because they are too inpatient and that means they are going to sell beforehand, or try to get rich overnight with some x100 shitcoin that they risk. Just do what most people did to get rich and retire happy, invest into something way beforehand, and you will do fine on the long run.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 14, 2024, 02:39:11 PM
Long term planning is the way to go without a doubt. If you could put aside even a small portion of your salary into bitcoin every month for 20 years, can you imagine how rich you will be? Nobody wants to wait 20 years to be wealthy but that is the most guaranteed way to make money. Obviously a lot of people will hate it, because they are too inpatient and that means they are going to sell beforehand, or try to get rich overnight with some x100 shitcoin that they risk. Just do what most people did to get rich and retire happy, invest into something way beforehand, and you will do fine on the long run.

Look, don't make me think about it
think I could have bought bitcoins at a time that cost $40 and I didn't
I was saving money for the wedding and I didn't feel like it
so I basically made two big mistakes, one after the other

Unfortunately, these are mistakes that we carry with us forever
you have to dare in life, if you don't take risks you will have nothing
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Gurujebs on May 14, 2024, 02:52:35 PM
Look, don't make me think about it
think I could have bought bitcoins at a time that cost $40 and I didn't
I was saving money for the wedding and I didn't feel like it
so I basically made two big mistakes, one after the other

I'm not sure if doing wedding is a wromg thing, you did it anyway and I'm sure you are happy you did it. By the way, you don't have to blame yourself about not buying crypto when it was cheaper, if everyone knew that a day this kind of price will come, I'm sure many of us would have more than a bitcoin in our wallet today.

Quote
Unfortunately, these are mistakes that we carry with us forever
you have to dare in life, if you don't take risks you will have nothing

I'm skeptical why you didn't buy even when Bitcoin was trading around a thousand dollar, missing $40 should be a motivation to buy even higher. However, even though such opportunities are gone, there is gong to be one or who that will come to the market that will be worth buying, I have seen how project like Injective protocol did some months ago.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Dr.Bitcoin_Strange on May 14, 2024, 03:49:24 PM
In crypto there are different ways you can actually make money without taking much risk..ain't saying this is risk free but you know, it can't be compared when you force yourself trading and losing it all in one goal
You're right, every approach has its own risks involved, as long as it has to do with cryptocurrency. Different people have different perspectives of cryptocurrency and different ways and approaches that aligns with their goals and objectives, those who trade have their own reasons why they have chosen to become traders, those who HODL also have their own reasons for HODLing and those who also choose to Stake also have their personal reasons that influences their decision even after knowing of the other available options, maybe due to past experiences or what they've been told about the other options.
The most important point to note in all these is that every approach has its own risks involved, one person's risk tolerance level may not be the others, so everyone should choose and follow their own personal approach due to their risk tolerance level.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Captain Corporate on May 14, 2024, 07:51:39 PM
The side ways of making money is still a method, doesn't mean that they are all amazing but it is not terrible neither. I think it is quite obvious that we are going to get some decent return if we keep grinding on those other methods as well. But I agree that by far the best method to make money is trading/investing, if you keep doing that then you are going to make a lot of money, or maybe you won't but yo would be on the right path. This means that as long asy ou do what you should be doing, and on that right path, you will get a better result eventually, you just need to get better at it.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: pacar_tiri on May 15, 2024, 10:15:33 AM
The side ways of making money is still a method, doesn't mean that they are all amazing but it is not terrible neither. I think it is quite obvious that we are going to get some decent return if we keep grinding on those other methods as well. But I agree that by far the best method to make money is trading/investing, if you keep doing that then you are going to make a lot of money, or maybe you won't but yo would be on the right path. This means that as long asy ou do what you should be doing, and on that right path, you will get a better result eventually, you just need to get better at it.
That's right, trading and investing can give us profits. However, it should be noted that we have to learn how to trade and invest correctly. We can use trading to earn money for our daily needs. Meanwhile, we can use investment to save long term.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 15, 2024, 10:49:42 AM
It depends on what you want to do and how you want to do it
there are methods but everything has a risk, if you earn a lot, you risk a lot
I've seen methods that give you 15% APY but the best method so far has been my lending bot (now turned off) which gave 34% APY
I tried to sell/rent it without success
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Aanuoluwatofunmi on May 15, 2024, 04:55:38 PM
There are different means through which we can make money from cryptocurrencies aside from doing trades, we need to explore more on the networks to know what and how we could best fit in for such opportunities in so many of these cryptocurrencies, also, we shouldn't think about other sources as being free from taking risk, if we must really make money, then we have to take risk.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Jamal Aezaz on May 15, 2024, 09:25:12 PM
That's right, trading and investing can give us profits. However, it should be noted that we have to learn how to trade and invest correctly. We can use trading to earn money for our daily needs. Meanwhile, we can use investment to save long term.

People are just in thought that trading will give them daily profit but this is not even guaranteed for an expert so how newbies can earn daily due to trading. Don't expect too much from trading because when our expectations do not come true then we cannot continue trading in an affordable way.

Investment can give us profit but it also requires learning but deep concentration is not needed in investment like that of trading. Daily profit is possible due to trading but just for a few times not for the whole life because trading is hazardous and is not sure about your success.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Captain Corporate on May 15, 2024, 09:35:34 PM
"I have missed my chance" is a wrong way of thinking about it. Wedding or not, it doesn't matter what you used it for, I have used it to help with medical emergency as well and don't have much to my name right now, I have been in the bitcoin world since April of 2013, which means that I could have been a millionaire by now easily, multiple chances as well and not just one. That doesn't mean that I should be regretting and not doing anything after that. It just means that you use that as a lesson learned, and try to look for long term approach and buy/hold bitcoin as long as you can, would be a lot better.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: SmartGold01 on May 15, 2024, 10:56:26 PM
"I have missed my chance" is a wrong way of thinking about it. Wedding or not, it doesn't matter what you used it for, I have used it to help with medical emergency as well and don't have much to my name right now, I have been in the bitcoin world since April of 2013, which means that I could have been a millionaire by now easily, multiple chances as well and not just one. That doesn't mean that I should be regretting and not doing anything after that. It just means that you use that as a lesson learned, and try to look for long term approach and buy/hold bitcoin as long as you can, would be a lot better.
You know most times people don't know what they could be missing at the point of not following the crowd at the right time, we all knows about cryptocurrencies for long but since because weren't convinced enough about the development so we pay deft ears to it why because we think is something that would fail one day. What about me, as then I keep hearing about people talk about bitcoin but since I wasn't drawn closer to understand it very well I had to miss all my chances even as that I don't still fail to put interest after i have gotten to know about it.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 16, 2024, 02:23:11 PM
"I have missed my chance" is a wrong way of thinking about it. Wedding or not, it doesn't matter what you used it for, I have used it to help with medical emergency as well and don't have much to my name right now, I have been in the bitcoin world since April of 2013, which means that I could have been a millionaire by now easily, multiple chances as well and not just one. That doesn't mean that I should be regretting and not doing anything after that. It just means that you use that as a lesson learned, and try to look for long term approach and buy/hold bitcoin as long as you can, would be a lot better.


True, you are very right, I had emphasized something that in any case I could have postponed without any problems
it wasn't an urgent health problem, but rather a whim of the moment or the desire to fix some things, in any case nothing urgent

I don't regret what I did, I just said: it's a shame if I had postponed it
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Vx1 on May 16, 2024, 06:44:59 PM
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
Giving up just because of the initial loss on the trade or not getting a profit on the airdrop or bounty is an obstacle why one cannot succeed in crypto.

I myself even pretty much got a loss at the beginning and I consider it a learning process, a lot of airdrops that don't pay and are just scams etc.
That way we will know what to do, and it will be even better to choose which project is suitable, trade well and correctly so that it will get a profit.
The point is that we are diligent and consistent, whether working on Airdrop projects or doing crypto trading.  It's impossible for us to get big profits straight away, unless we really get lucky.  I myself am actually less of a painstaking person, because I have to divide my time between cryptocurrencies and work in real life. So for the Airdrop work in particular, it wasn't optimal.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: EthereumDev_ on May 17, 2024, 06:29:36 AM
This can be obtained only for those who are patient and really serious in the field of cryptocurrencies, because in reality many people have entered into Cryptocurreny and then left after they suffered losses.
Or there are also many Airdrop hunters and Bounty hunters who give up, after doing so many Airdrop projects that don't produce results.
Giving up just because of the initial loss on the trade or not getting a profit on the airdrop or bounty is an obstacle why one cannot succeed in crypto.

I myself even pretty much got a loss at the beginning and I consider it a learning process, a lot of airdrops that don't pay and are just scams etc.
That way we will know what to do, and it will be even better to choose which project is suitable, trade well and correctly so that it will get a profit.
The point is that we are diligent and consistent, whether working on Airdrop projects or doing crypto trading.  It's impossible for us to get big profits straight away, unless we really get lucky.  I myself am actually less of a painstaking person, because I have to divide my time between cryptocurrencies and work in real life. So for the Airdrop work in particular, it wasn't optimal.
That's right, we have to remain consistent and record all the tasks from the airdrop so that we don't miss any tasks. The results we get usually depend on the effort we put in. When our efforts are maximal, the results we get will also be pleasant.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: Rubel007 on May 17, 2024, 08:21:29 AM
Long term planning is the way to go without a doubt. If you could put aside even a small portion of your salary into bitcoin every month for 20 years, can you imagine how rich you will be? Nobody wants to wait 20 years to be wealthy but that is the most guaranteed way to make money. Obviously a lot of people will hate it, because they are too inpatient and that means they are going to sell beforehand, or try to get rich overnight with some x100 shitcoin that they risk. Just do what most people did to get rich and retire happy, invest into something way beforehand, and you will do fine on the long run.
Agreed and i also think for those who invest in cryptocurrencies only after informing from others, it may seem like a money income scheme only. But when they survive there for a while they realize the point. In order to survive in the crypto space and not just invest, an investor needs to acquire various types of knowledge. When the investor gets a good idea about the market, especially how to be patient during high volatility, what investors should do in bearish and bullish times and how to control greed, if they invest. Then the chances of losing there will be reduced ‍after that they can proceed towards their goals.
Title: Re: Trading is not the only way to make money. Here is why!
Post by: babo on May 17, 2024, 02:26:13 PM
Agreed and i also think for those who invest in cryptocurrencies only after informing from others, it may seem like a money income scheme only. But when they survive there for a while they realize the point. In order to survive in the crypto space and not just invest, an investor needs to acquire various types of knowledge. When the investor gets a good idea about the market, especially how to be patient during high volatility, what investors should do in bearish and bullish times and how to control greed, if they invest. Then the chances of losing there will be reduced ‍after that they can proceed towards their goals.

if you are a holder yes, you have to be patient and not care about volatility
if you are a trader and you are good, volatility is a playground for you, the best time to make a lot of money
clearly if you are not expert you will only lose money
but with a flat market, the trader does not make money
Title: Re: Trading is not the only way to make money. Here is why!
Post by: vegasus on May 17, 2024, 10:17:45 PM
There are different means through which we can make money from cryptocurrencies aside from doing trades, we need to explore more on the networks to know what and how we could best fit in for such opportunities in so many of these cryptocurrencies, also, we shouldn't think about other sources as being free from taking risk, if we must really make money, then we have to take risk.
Taking risks cannot be separated from this space. It's always risky. It's just a matter of how much risk we can bear and also manage it so that we can run well and under control when doing it in this space.

The problem then is that there are many people who enter the world of trading but are not strong and are not ready for the various risks that exist. So they often want to take a practical way to do it. Trading with signals is the most common thing in the world of trading for some people. However, brands forget that it still carries high risks. It's just that people think the risk is lower. Hmmm, this is actually a more risky endeavor than jumping into the world of trading but not understanding what trading is all about, so what are you going to do?
Title: Re: Trading is not the only way to make money. Here is why!
Post by: alltalk on May 17, 2024, 11:01:19 PM
if you are a holder yes, you have to be patient and not care about volatility
Investors must care the volatility. If there is no volatility, investors can't get big profits.  :D
But investors may not really care about the temporary price changes. They keep holding as long as it doesn't reach the target.

if you are a trader and you are good, volatility is a playground for you, the best time to make a lot of money
Volatility is needed. Even, traders expect a fast change in the price. If it can raise quickly, traders can get fast profits.
There is no price change if there is no volatility in crypto prices.

clearly if you are not expert you will only lose money
At least, we must have sufficient knowledge and understand the basic things of investment or trading. In this way, we don't easily lose money because we understand how to invest or trade in a proper way.