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Author Topic: Common methods to make money from crypto currency  (Read 2750 times)

Offline Maxwell99

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Re: Common methods to make money from crypto currency
« Reply #30 on: February 27, 2024, 07:52:45 PM »
One of the best and common methods form making money is HODLing which means "hold on for dear life." This process involve buying and holding crypto currency for a long period, with the hope of  price inflation or increase over time. Ànd way is call day trading buying and selling p2p  of crypto on a daily basis to take advantage of the short period price . Other way include staking, mining and yield farming."  Most common methods also involved "crypto lending." This process involve lending crypto to user in exchange for an interest payment. While some other platform give you the opportunity to lend your crypto and earn fix interest , same as banks. Note crypto lending there are risk involved, scammer and theft.
Another method from making money from crypto that's gaining popularity it's called "play to earn. These are crypto games where you can earn rewards by just completing tasks, battles win and milestones.
There are other ways which you can also gain from crypto, called "crypto faucets." These are website or apps where you can perform tasks like watching ads, taking surveys and get paid small amount of crypto. Have you ever use a crypto faucet? Well "Crypto airdrops." Are also involved when crypto project gives out free token to users, to promote a new project . You will receive airdrops by joining a project community and completing a certain task . It's very important to be careful of scammers before taking part in an airdrop make your research.
Making money from crypto currency is same as other businesses but in a more profitable and unique way, you can make money from crypto  by investing on cryptocurrencies. Buying and holding crypto for a long term for it to add value, additionally you can invest on all this Coins that's yet to be lunched till it's listed out.

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Re: Common methods to make money from crypto currency
« Reply #30 on: February 27, 2024, 07:52:45 PM »

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Re: Common methods to make money from crypto currency
« Reply #31 on: February 28, 2024, 05:08:06 AM »

Making money from crypto currency is same as other businesses but in a more profitable and unique way, you can make money from crypto  by investing on cryptocurrencies. Buying and holding crypto for a long term for it to add value, additionally you can invest on all this Coins that's yet to be lunched till it's listed out.


Yes, buying coins and holding is a simple way to invest in crypto but do it at the right time, bearish season.  And also choose the right coin, I suggest buying top coins.
 For new coins, even as you said, coins that are not yet circulating on the market, I don't do it because this is more risky.
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Re: Common methods to make money from crypto currency
« Reply #32 on: February 28, 2024, 05:42:21 AM »
One of the best and common methods form making money is HODLing which means "hold on for dear life." This process involve buying and holding crypto currency for a long period,
Since you mentioned about HODL this is what normal cryptonians fo even in the beginning that we have seen the result  that some even earned millions or billions just because of Hodling for longterm.

Quote
with the hope of  price inflation or increase over time. Ànd way is call day trading buying and selling p2p  of crypto on a daily basis to take advantage of the short period price . Other way include staking, mining and yield farming."  Most common methods also involved "crypto lending." This process involve lending crypto to user in exchange for an interest payment. While some other platform give you the opportunity to lend your crypto and earn fix interest , same as banks. Note crypto lending there are risk involved, scammer and theft.
lending is the riskiest one , try to not be lured in wrong dealing because there have so much victims from the past.
Quote

Another method from making money from crypto that's gaining popularity it's called "play to earn. These are crypto games where you can earn rewards by just completing tasks, battles win and milestones.
There are other ways which you can also gain from crypto, called "crypto faucets." These are website or apps where you can perform tasks like watching ads, taking surveys and get paid small amount of crypto. Have you ever use a crypto faucet? Well "Crypto airdrops." Are also involved when crypto project gives out free token to users, to promote a new project . You will receive airdrops by joining a project community and completing a certain task . It's very important to be careful of scammers before taking part in an airdrop make your research.
well those tasks may bring you earning or losing but that is more on a BS waste of time.

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Re: Common methods to make money from crypto currency
« Reply #33 on: February 28, 2024, 12:11:44 PM »
Yes, buying coins and holding is a simple way to invest in crypto but do it at the right time, bearish season.  And also choose the right coin, I suggest buying top coins.
 For new coins, even as you said, coins that are not yet circulating on the market, I don't do it because this is more risky.

We are now in bull run, bear season to buy is over and only those who buy from those time will enjoy now. What I will advice people who are just coming to trade some coins that are now in demand unless the coin is a new coin since those type do have less market cap and are having the tendency of growing up in price unlike the top coins in the market cap.

People should also learn to do research whether they want to hold or trade, the only coin that you can have peace of mind doing anything you like is bitcoin, the rest of the altcoins should be treated with caution.
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Re: Common methods to make money from crypto currency
« Reply #34 on: February 28, 2024, 03:17:32 PM »
OP, I'm not sure what you wanted to say here. Everything you stated is quite general and without any conclusion.
What is HODL? just like that, buy crypto and keep it, is that your proposal for making money? if I buy 0.1 BTC today and hold it for 4 years, how much BTC will I earn during that time?
Talking about "trading buying and selling p2p" seems to make it the simplest thing. Do you have any success in trading and can you share it with us?
HODL "hold on your dear life" assuming you bought Bitcoin 2010 when it was not up to a dollar and you keep it up till now the price will he go up or down? Because comparing now and then is almost about 13 years so HODL is a long term investment.

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Re: Common methods to make money from crypto currency
« Reply #35 on: February 29, 2024, 12:38:29 PM »
HODL "hold on your dear life" assuming you bought Bitcoin 2010 when it was not up to a dollar and you keep it up till now the price will he go up or down? Because comparing now and then is almost about 13 years so HODL is a long term investment.
Hold is the winner because not everyone is able to do that, and of course, for those who buy Bitcoin, it is very good to implement Hold, but if you have assets in the form of altcoins that have no potential, then Hold will not be as beautiful as you imagine.

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Re: Common methods to make money from crypto currency
« Reply #36 on: February 29, 2024, 06:45:54 PM »
HODL "hold on your dear life" assuming you bought Bitcoin 2010 when it was not up to a dollar and you keep it up till now the price will he go up or down? Because comparing now and then is almost about 13 years so HODL is a long term investment.
Hold is the winner because not everyone is able to do that, and of course, for those who buy Bitcoin, it is very good to implement Hold, but if you have assets in the form of altcoins that have no potential, then Hold will not be as beautiful as you imagine.

Still depend on the logic you use to hold. There are people that understand when to enter crypto, do all the necessary research and buy their favorite coins and hold for some time and after a while, they get profit but not many of them has the idea of when to sell and you know why, that's because they get over excited with the profits and don't even know what to do when the price is crashing.

Last bull run, I know of a guy that bought a coin, hold it for many months and was in profit and he never sell until all his holding turn worthless. The coin today is not even trading in some exchanges anymore because it has been delisted due to low demand, this is why holding strategy is very crusial.
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Re: Common methods to make money from crypto currency
« Reply #36 on: February 29, 2024, 06:45:54 PM »


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Re: Common methods to make money from crypto currency
« Reply #37 on: February 29, 2024, 07:28:55 PM »
Hold is the winner because not everyone is able to do that, and of course, for those who buy Bitcoin, it is very good to implement Hold, but if you have assets in the form of altcoins that have no potential, then Hold will not be as beautiful as you imagine.

Altcoins, at least most of them, are not to be held for long because they carry a lot of risks due to them being extremely volatile. You shouldn't buy and hold altcoins for long-term unless it is an altcoin that is trusted such as ETH which is the second most popular cryptocurrency in the industry after Bitcoin.

There are some other altcoins as well that are worth holding such as BNB, SOL, and some others that can be found in the top list in CMC or any other coin aggregator.

People mostly use altcoins for day trading where they buy and sell them within short time intervals to gain small percentages of profit from their trades.
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Re: Common methods to make money from crypto currency
« Reply #38 on: March 01, 2024, 06:07:19 AM »
Hold is the winner because not everyone is able to do that, and of course, for those who buy Bitcoin, it is very good to implement Hold, but if you have assets in the form of altcoins that have no potential, then Hold will not be as beautiful as you imagine.

Altcoins, at least most of them, are not to be held for long because they carry a lot of risks due to them being extremely volatile. You shouldn't buy and hold altcoins for long-term unless it is an altcoin that is trusted such as ETH which is the second most popular cryptocurrency in the industry after Bitcoin.
this is why there are very few that I invested and trust new projects because I am always for safer currency/project.

Quote
There are some other altcoins as well that are worth holding such as BNB, SOL, and some others that can be found in the top list in CMC or any other coin aggregator.
well those 2 are the best other than Ethereum and they are the 2 that sits in my profile.

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People mostly use altcoins for day trading where they buy and sell them within short time intervals to gain small percentages of profit from their trades.
because altcoin is hard to trust long term since the nature is working for short term.and it is bitcoin that sets for longer way of investing.

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Re: Common methods to make money from crypto currency
« Reply #39 on: March 01, 2024, 08:41:06 AM »
HODL "hold on your dear life" assuming you bought Bitcoin 2010 when it was not up to a dollar and you keep it up till now the price will he go up or down? Because comparing now and then is almost about 13 years so HODL is a long term investment.
Hold is the winner because not everyone is able to do that, and of course, for those who buy Bitcoin, it is very good to implement Hold, but if you have assets in the form of altcoins that have no potential, then Hold will not be as beautiful as you imagine.

yes, you are right, bitcoin holders are winners. whoever buys bitcoin at the beginning and holds it the longest is the winner. I was late buying bitcoin at the beginning of bitcoin's launch, because there was still uncertainty at that time. And I can't afford to hold it for a long period of time, only buy when it is bearish and sell when it is bullish.
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Offline gunhell16

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Re: Common methods to make money from crypto currency
« Reply #40 on: March 01, 2024, 03:31:34 PM »
If an investor just wants to invest in a potential crypto or bitcoin that he has nothing to do other than buy the coin, holding for the long term is really the best way to go about this matter.

This is the one that will wait for what price you will sell the coin or token you are holding. This is the one that, while you are waiting, you will not understand or care about the news that is happening in bitcoin or cryptocurrency. As long as yours is in your wallet, that is what you are holding and really just waiting for. And this is also a 100% safe thing to do.
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Re: Common methods to make money from crypto currency
« Reply #41 on: March 01, 2024, 05:28:59 PM »
The most common and easiest methods of making money online is just to make use of the opportunity in making an investment and holding it for some period of time to have yielded profits, you don't require experience in this like you do in making short trades, you can also make a provision of service to any of the crypto coins and see how you could earn through them.

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Re: Common methods to make money from crypto currency
« Reply #42 on: March 01, 2024, 05:36:54 PM »
Hi everyone !
I want to give a good example of a practical working solution combining real business and cryptocurrencies.

I entered this project about a year ago, because of which I did not have time to enter at the most favorable price :) Why did I enter late? I studied the documentation, checked the state registers all the data (ownership rights, history of owners, etc.), in order to be sure that it is not a "bubble".

For this project I have created several topics:
English: https://www.altcoinstalks.com/index.php?topic=318076
Ukrainian: https://www.altcoinstalks.com/index.php?topic=313331
Russian language: https://www.altcoinstalks.com/index.php?topic=313246

The essence of the project: agroholding, which owns 2000 hectares (about 5000 acres), attracts investments in cryptocurrency through the sale of its own token.
Each token is essentially a virtual share of the agroholding, on which dividends are accrued every quarter (at least 1 quarter of the token's "hold" must pass after the purchase in order for dividends to accrue*).
Both the purchase of the token and the accrual of dividends is done in USDT. Accrued dividends you can immediately withdraw and use at your discretion! Dividends can be withdrawn once a quarter, or for example once a year - as you will be more convenient.
I periodically (2 times a year) go to visit them, and check how the project is developing, and then form reports, as well as publish answers that I ask other participants (this is a kind of external, independent control).
At the moment I have received payments for 3 quarters (01/07/23, 01/10/23, 01/01/24), which I can confirm.

I also maintain independent analytics (thanks to blockchain technology and community - all data is open and transparent).

Features and advantages of this project:
  • Extremely low entry threshold - from 1 USDT
  • There are no geographical restrictions for investors !
  • Demanded sector of economy - food products (vegetables)
  • The company is really developing - new greenhouses are being built and put into operation, at the end of 2023 they launched a pilot project on mushroom cultivation, this year they will launch a project of "vertical farming", in the future - the development of the mushroom sector, as well as fish farming.
  • There is a referral program (described in the main topic) - as an additional motivation and system of attracting an audience. Periodically there are interesting contests with an opportunity to earn additional AGTI tokens.


* this model has a quite logical explanation - it is an agroholding, where new investments are either a NEW crop or a new object like an industrial greenhouse, so in order for investments to start bringing income, it takes time to turn investment funds into a finished product and its realization.

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Re: Common methods to make money from crypto currency
« Reply #43 on: March 01, 2024, 05:39:20 PM »
The most common and easiest methods of making money online is just to make use of the opportunity in making an investment and holding it for some period of time to have yielded profits, you don't require experience in this like you do in making short trades, you can also make a provision of service to any of the crypto coins and see how you could earn through them.

Actually it requires experience, not just buying and holding for a certain period of time.  Because of the fear of choosing the wrong coin and also the wrong time to buy.  Because the investment that will be successful is to do it at the right time and choose the right coin.  I suggest buying bitcoin, ethereum and several other top coins.

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Re: Common methods to make money from crypto currency
« Reply #44 on: March 01, 2024, 06:51:01 PM »
Yes, buying coins and holding is a simple way to invest in crypto but do it at the right time, bearish season.  And also choose the right coin, I suggest buying top coins.
 For new coins, even as you said, coins that are not yet circulating on the market, I don't do it because this is more risky.

We are now in bull run, bear season to buy is over and only those who buy from those time will enjoy now. What I will advice people who are just coming to trade some coins that are now in demand unless the coin is a new coin since those type do have less market cap and are having the tendency of growing up in price unlike the top coins in the market cap.

People should also learn to do research whether they want to hold or trade, the only coin that you can have peace of mind doing anything you like is bitcoin, the rest of the altcoins should be treated with caution.
A major advantage for the investors in bull market is that it has the potential to be more profitable than at other times. When the market rise up almost every coin in the market rise massively. Again when the market goes down it goes down almost at the same level. But since there are so many coins in the market, investing in them requires caution along with good research. But the benefits are more in case of holders. Bitcoin holders will definitely be profitable in the long term and altcoins holder can also be profitable if their analyses work properly. It is a simple and common strategy to buy in a bearish market and sell in a bullish market. But if you want to reduce the risk, of course there is no alternative to investing in Bitcoin.

 

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