Are There More Newbie Friendly Earning Methods In Crypto?

[Rubel007]

Newbies? Airdrops and Bounty hunting is I think the most common way newcomers will earn money from cryptocurrency and forums for me is the most approachable, knowledgeable and profitable place for newbies as all you need to know is in there you just need to spend time using search bars on what you really wanted to learn so you earn at the same time.

Not all airdrops are real some are scam and they will e d up not paying you after you have wasted your time. If you will be paid, the money will be very little that it does not worth the stress. It was way back that crypto started that airdrops do pay well. Getting a job online or offline is the best way to invest in crypto.

If airdrops are constantly coming to the market, then how will those airdrops pay the hunters? Currently there are so many airdrops that have no future. Which only try to get money by creating hype or by scamming. Thinking about getting paid for all these airdrops is just a waste of time. I would say to those who are thinking of investing by doing such things, they must avoid these thoughts otherwise they will lag behind and not be suitable for investment. If the income can be invested by doing some other work or by some other means then that is the best approach.

[Smcchamp]

Staking, buy and hold, mining, trading, faucets, airdrops, and freelancing are all ways to earn money in cryptocurrency.

That's true. I do staking though. Particularly with Poolx mentioned by OP. it's flexibility gives it an edge over other staking portal for me..

[LogitechMouse]

However, there are ways to earn that are far safer and guaranteed to not blow a young portfolio. The most common ones are airdrops, staking and farming. In the recent past, some CEXs have introduced new ones like PoolX which can also be a good avenue to earn since more often than not, it involves the use of stablecoin and guarantees your capital. Some very good hits for PoolX have seen upto 75% APR which is commendable by any standard.

Overall, I believe the above methods are good starting points for newbies.

Kindly share if there are better options guys... I don't mind earning like a newbie every time I can!

I might agree that the most common ones are airdrops, staking and farming however, they're not the safest and newbie friendly ways to earn in cryptocurrency.

You might earn from airdrops still, but you need lots of time, patience, and of course money. If you have all 3 then most probably, you will earn from it. Staking might be the safest among the 3 because you just need to buy an established staking coin like Ethereum, stake it and let it do its thing. The problem though is that you might get impermanent loss because the token might go down and the rewards that you're getting isn't enough to cover it. As for farming, not familiar on it especially with PoolX.

If you want to earn as a newbie, I suggest staking those top staking coins. The reward isn't that huge, but as a newbie, that's a good start already.

[robelneo]

I started on airdrops, and after some years, airdrops are still here. Although the definition of newbies is very different now compared to seven or years, there are still airdrops worth participating in. The latest one I read that yields profit from many people is Notcoin, and there are airdrops in the form of testnets.
Another one is bounty hunting. If you have large followers on social media or have writing skills, you can participate in these tasks, but you need to research if the project you're participating in is good projects