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Author Topic: Trading is not the only way to make money. Here is why!  (Read 11420 times)

Offline 36B

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Re: Trading is not the only way to make money. Here is why!
« Reply #135 on: November 10, 2024, 02:48:24 AM »
There are many good new coins and we can invest there but we have to do long research and this takes time and knowledge if we want to play with high risk. But we should invest in the top 10 coins because it is safer for our capital, because it is not recommended for newbies or people who do not have knowledge and experience to invest in new projects.
It is always thrilling to invest in fresh coins, however, to minimize risks on capital, investors should confine themselves to investing in the top ranking coins. These major coins have relatively stable values and possess a comprehensible environment for circulation, hence, it is suitable to those among us who consider safety as the top priority. To expand to new projects, we have to take time and perhaps, expert analysis to be able to handle possible risk factors that come up.
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Re: Trading is not the only way to make money. Here is why!
« Reply #135 on: November 10, 2024, 02:48:24 AM »

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Offline satpol_PP

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Re: Trading is not the only way to make money. Here is why!
« Reply #136 on: November 15, 2024, 08:47:45 PM »
There are many good new coins and we can invest there but we have to do long research and this takes time and knowledge if we want to play with high risk. But we should invest in the top 10 coins because it is safer for our capital, because it is not recommended for newbies or people who do not have knowledge and experience to invest in new projects.
It is always thrilling to invest in fresh coins, however, to minimize risks on capital, investors should confine themselves to investing in the top ranking coins. These major coins have relatively stable values and possess a comprehensible environment for circulation, hence, it is suitable to those among us who consider safety as the top priority. To expand to new projects, we have to take time and perhaps, expert analysis to be able to handle possible risk factors that come up.
Top ranked coins are always my first choice in investing, I have 75% assets in top coins. The rest I buy coins from new projects and some memes.
I only diversify to increase my chances of getting bigger profits.
If I have a large capital maybe I will buy other top altcoins when the market is correcting.

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Re: Trading is not the only way to make money. Here is why!
« Reply #136 on: November 15, 2024, 08:47:45 PM »

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Offline Blaze

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Re: Trading is not the only way to make money. Here is why!
« Reply #137 on: November 18, 2024, 09:25:35 PM »
Top ranked coins are always my first choice in investing, I have 75% assets in top coins. The rest I buy coins from new projects and some memes.
I only diversify to increase my chances of getting bigger profits.
If I have a large capital maybe I will buy other top altcoins when the market is correcting.
Investing in large coins is another way of showing that we are trying to exploit better security and market credibility. Thus, including a small portion of assets into new projects and memes, we have a chance to receive higher rates, which has to be done, however, with some precautions. Such relative ordering is useful to support the stable of investments while leaving the door open for achieving quite large results.

But if we have a greater capital pool, the strategy might be to buy more number of quality altcoins when the prices are low to increase the diversification factor of our portfolio. Also, keeping an eye on further evolution of new projects, which we think are based on tech or community, will allow us to select more assets that can presumably grow in the future. When undertaken in such a way, the steps may pose equal weight between security and opportunity.

Offline Asiska02

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Re: Trading is not the only way to make money. Here is why!
« Reply #138 on: November 18, 2024, 11:22:26 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 haven’t tried most of this before and the only one I could remember I tried was the launchpool of Dogs that was been brought up by Bybit for new users. I didn’t and met all their requirements but was not still selected as beneficiary for the launch pool as it was on a first come first serve basis. I wasn’t happy about that, but i liked the way they made the selection. The launchpool was kind of a new idea to me that makes more users to register and join them, I doubt if they do come up with such launchpool from time to time.

 I believe other launchpool methods are available which will be more difficult to achieve than this one and mostly will involve putting money into them. Other methods you mentioned one can get money from through crypto can also come with their risk, but when you sacrifice what you can afford to risk, it’ll be much better for you than trying to make something out of nothing.

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Re: Trading is not the only way to make money. Here is why!
« Reply #139 on: November 19, 2024, 05:53:26 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.

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

Alot of ways to make money in the Crypto space. As you've mentioned the Major Trading and Investing...
These are the most popular ways best known by Crypto novice concerning making money in the Crypto space.

As most users has earlier commented concerning P2E airdrops, Bounties, pre-market etc.

I guess there's another which is the presale, this is another way of making huge profits
The term presale is the project team selling out their tokens in a cheaper rate to buyers/investors when the token is not yet in the market. And most presales are legit and always sold out at cheaper rate to gain awareness.

After listing on CEX, those that bought most likely make 10 - 50x profits because listing price is always higher than presale price.

However, the tendency of meeting scammers is sure because most project team will sell out their presale and run away with Investors money without listing the token.

Another is PoW mining though it's time and energy consuming but there's a PoS mining. They are all different ways of making money in crypto.
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Offline babo

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Re: Trading is not the only way to make money. Here is why!
« Reply #140 on: November 19, 2024, 02:25:43 PM »
Alot of ways to make money in the Crypto space. As you've mentioned the Major Trading and Investing...
These are the most popular ways best known by Crypto novice concerning making money in the Crypto space.

As most users has earlier commented concerning P2E airdrops, Bounties, pre-market etc.

I guess there's another which is the presale, this is another way of making huge profits
The term presale is the project team selling out their tokens in a cheaper rate to buyers/investors when the token is not yet in the market. And most presales are legit and always sold out at cheaper rate to gain awareness.

After listing on CEX, those that bought most likely make 10 - 50x profits because listing price is always higher than presale price.

However, the tendency of meeting scammers is sure because most project team will sell out their presale and run away with Investors money without listing the token.

Another is PoW mining though it's time and energy consuming but there's a PoS mining. They are all different ways of making money in crypto.

Of course you can make money with presale, but you have to say to be fair that you can also lose it
given that not all projects see the light, in fact many die early by stealing investors' money
this must be said otherwise everything seems nice and easy and nothing new about it
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Re: Trading is not the only way to make money. Here is why!
« Reply #141 on: November 19, 2024, 08:47:50 PM »
In cryptocurrency, we are having many means through which we can make money and this does not have to be by trading alone, instead, we can also make money while doing other things, when we know and understand how to trade, we can make money from it as well, nut some don't and wont abstain from doing so, we mostly advise that if we are interested in making an investment, then we should take it on a long term in other to make the same required money as profits.

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Re: Trading is not the only way to make money. Here is why!
« Reply #141 on: November 19, 2024, 08:47:50 PM »


 

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