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Author Topic: Trading is not the only way to make money. Here is why!  (Read 902 times)

Offline Best

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Trading is not the only way to make money. Here is why!
« 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

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Trading is not the only way to make money. Here is why!
« on: April 14, 2024, 03:53:25 PM »

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Re: Trading is not the only way to make money. Here is why!
« Reply #1 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.
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Re: Trading is not the only way to make money. Here is why!
« Reply #2 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.

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Re: Trading is not the only way to make money. Here is why!
« Reply #3 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.

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Re: Trading is not the only way to make money. Here is why!
« Reply #4 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.
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Offline SamReomo

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Re: Trading is not the only way to make money. Here is why!
« Reply #5 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.
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Offline electronicash

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Re: Trading is not the only way to make money. Here is why!
« Reply #6 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.

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Re: Trading is not the only way to make money. Here is why!
« Reply #6 on: April 14, 2024, 09:52:54 PM »


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Re: Trading is not the only way to make money. Here is why!
« Reply #7 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.

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Re: Trading is not the only way to make money. Here is why!
« Reply #8 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.
« Last Edit: April 15, 2024, 12:29:49 AM by Best »

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Re: Trading is not the only way to make money. Here is why!
« Reply #9 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

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Re: Trading is not the only way to make money. Here is why!
« Reply #10 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.

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Re: Trading is not the only way to make money. Here is why!
« Reply #11 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.
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Re: Trading is not the only way to make money. Here is why!
« Reply #12 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.
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Online Findingnemo

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Re: Trading is not the only way to make money. Here is why!
« Reply #13 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.
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Re: Trading is not the only way to make money. Here is why!
« Reply #14 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.
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