Many Ways To Make Money in Cryptocurrency

[Sim_card]

You have to be careful when you talk of making money through crypto, many people who are desperate to make money easily fall victim to scammers. I always say that crypto is not a get rich quick scheme, however, you can buy BTC with an amount you can afford to lose, and get some profit.

Take note that becoming wealthy is a whole different thing, if you are not an early adopter who probably mined BTC in the early days, i don't really see how you can become 'wealthy' through it now.

You don't need to be an early adopter and miner to bscome wealthy through bitcoin. If you have a good source of income, you can start with buying every week for 10-20 years with consistency and persistent, you will surely get a good size of bitcoin and a good profit too. But will you be patient enough to sacrifice that long to build and grow your bitcoin investment. Buy and hodli and at the same time keep your bitcoin accumulation ongoing for long is the best.

[bayu7adi]

Becoming a professional in the crypto field, such as becoming a data analyst or maybe becoming a marketing specialist in the crypto field, in my opinion, is still quite a good opportunity... usually people are not interested in making cryptocurrency their main job because they are afraid of speculating on its failure.. even though the crypto world still needs many competent people to be able to develop even faster...

Jobs like trading or participating in several campaigns, that's not wrong... but as the days go by, more and more people know about it and there is more competition... focusing on increasing your own value may be an important thing right now.

[Dr.Bitcoin_Strange]

You can only make money in cryptocurrency if you have the knowledge and determination and have products or services that you can offer in the industry. In the olden days, the potential to make money was very limited, but now just about anything that you can think of, right now the biggest attraction is the Telegram Mini Application. You just need time and effort, and you can potentially hit it big if You find an airdrop with good potential.
Its important to be wiser than a hard worker in cryptocurrency because there are many scammers in every corner.

And how long does it have to take to find an airdrop with high potentials, how may more airdrops do you need to participate in, how many times do you have to be disappointed by those projects before you finally meet the one with potential? Your response started off quite well, but the point you mentioned about engaging in airdrops and finding the one with the good potentials was where I think you missed it. Everyday, different projects come into the sphere and almost of them give users the chance to earn free tokens via airdrops and bounties, and for someone who’s been around in the crypto space for a while, I believe you already know that most of these projects devs are only in the market for their own personal interest and not the interest of the community. Thus making it impossible to detect which project is real and which is just another pump and dump project as they’re all driven by hype   

[Findingnemo]

You can only make money in cryptocurrency if you have the knowledge and determination and have products or services that you can offer in the industry. In the olden days, the potential to make money was very limited, but now just about anything that you can think of, right now the biggest attraction is the Telegram Mini Application. You just need time and effort, and you can potentially hit it big if You find an airdrop with good potential.
Its important to be wiser than a hard worker in cryptocurrency because there are many scammers in every corner.

And how long does it have to take to find an airdrop with high potentials, how may more airdrops do you need to participate in, how many times do you have to be disappointed by those projects before you finally meet the one with potential? Your response started off quite well, but the point you mentioned about engaging in airdrops and finding the one with the good potentials was where I think you missed it. Everyday, different projects come into the sphere and almost of them give users the chance to earn free tokens via airdrops and bounties, and for someone who’s been around in the crypto space for a while, I believe you already know that most of these projects devs are only in the market for their own personal interest and not the interest of the community. Thus making it impossible to detect which project is real and which is just another pump and dump project as they’re all driven by hype

Airdrops doesn't really worth the effort, in the past if someone did 10 then atleast 3 or 4 of them will pay but these days if someone did 100 the chances of 1 even paying is very slip so on the whole we just waste our time by looking for free money.

Anything that we do without capital has less chance of giving returns that's why investment is the safest of all.

[Lucius]

Yeah, but still both of the names are known to people who don't even follow cryptos so I just given their names to say it's possible and even if they're not involved in money laundering they still became billionaires.

They are billionaires precisely because they were involved in illegal things, if they were honest people, like the majority, they would work from 9-17 and have enough to live on.

But my point is, it's not possible anymore to become actual rich with small capital by investing on Bitcoin so they need to come up with ideas to achieve that.

If in 5 years BTC will be worth at least 5 times more than today, then for anyone who is young today and has a constant income, smart investing can result in a nice profit. Long-term investing (20+ years) as a pension supplement should definitely be considered for those who believe that BTC has a future.

[libert19]

Well, I had my time on Hive [1], it's blockchain based social media platform — you can blog, interact with people, use dapps, take part in giveaways/contests to earn money. I have my hive power delegated currently and I am not active as I once was but it's lively place to be, you can also join communities and have chat with like minded individuals. You also get 15% apr by putting HBD (stablecoin of Hive ecosystem) in savings.

Hive is one of underrated crypto platforms imho.


[1] https://hive.blog

Edit: Typo

[Tribalchief]

Well, I had my time on Hive [1], it's blockchain based social media platform — you can blog, interact with people, use dapps, take part in giveaways/contests to earn money. I have my hive power delegated currently and I am not active as I once was but it's lively place to be, you can also join communities and have chat with like minded individuals. You also get 15% apr by putting HBD (stablecoin of give ecosystem) in savings.

Hive is one of underrated crypto platforms imho.

~snip

Had few experience with it, but it's token keeps declining in price. The hive's eco system looks very great. Well designed and a good way to earn because it has different social dapps that are interlink. but I think those who stake high(i.e those who have a higher number of powered up hives), tend to get more reward, or should I say, are those who are more exposed to earning more.

Delegating seems to also be another interesting way to earn, especially when you have a good number of hive token that you can delegate. So, I think someone can really enjoy the whole thing if he/she already has a good amount. Though there are also some opportunities for newbies as well, but not sure of how things works these days.

[armanda90]

Airdrops doesn't really worth the effort, in the past if someone did 10 then atleast 3 or 4 of them will pay but these days if someone did 100 the chances of 1 even paying is very slip so on the whole we just waste our time by looking for free money.

Anything that we do without capital has less chance of giving returns that's why investment is the safest of all.

Worth it or not about airdrop actually depend kinds of airdrop you are participating, I think difference when have braveness dor joing retro airdrop by spending fees for swap, stake until bridge with large potential earn hundred until thousand dollar when reward diatribution.
Right now small profitable earn when joining free airdrop although still have fewest free airdrop keep worth it, but don't blame with airdrop because many top trader in cryptocurrenxy recently get much capital for trading from airdrop.

[Gurujebs]

I can think of some too. One, we can all buy good coins and hodl them for sometime and then sell when they can already be profitable and this has become the traditional way in here. Two, we can trade coins and tokens in different exchanges as good traders can certainly amass richness not seen anywhere else.

Please share what other ways you know or maybe even doing now...

Another ways you can earn money from crypto is incentivise your coins that you hold. Instead of holding your coin, use it to stake and make more income in passive way but you have to be sure you are holding for long term and let it be during bear market, you will only enjoy holding of coin if you do that in such time.

Do airdrops, there is free airdrop where your time and money will be required and there are also airdrops you can farm using money. The choice is your to make, if you want the retroactive airdrops, the choics your to make and if you want the free, there is but make sure you do your own research.

[|MINER|]

There are lots of ways for earing from cryptocurrency without make any investment there is the first and most valuable way is selling your service like if you are pro and skillfully person in any sector like the Graphic design , Web design and development and Digital Marketing etc then you go on the sites where you can have announced that you are selling some services and if peoples are interested on you work then may they will make deal with you.
And there are some others way those are not good for always like airdrop campaign, Bounty campaign, Signature campaign and also some review campaign , contest.

[sampoerna]

The first time I entered the crypto world was learning about trading, it made me very stressed because it was a very new thing. but in the end, when I met someone and learned a lot from him about crypto, I got to know the crypto forum, and learned various things related to bounties and airdrops at that time. but indeed, so far, for the most worthwhile to be in crypto without much capital, yes, this is the result of this signature campaign. but if you want to get more profit, but higher risk, trading is the answer. if not, at least short-term investment is usually one of my ways to consistently get profits and as input from crypto. and that's all there are still many other things that can be done, such as becoming a telegram mod which turns out to have a pretty good salary. ah crypto is so broad, unfortunately why do many people in my area still have a negative view of this space.

Humans tend to fear what they don't fully understand, but fortunately, once they do understand, they tend to become the strongest supporters. Saylor used to hate BTC but now he's a proponent, Blackrock used to deny the value of BTC but they're now publicly and strongly supporting it.

Crypto opens up many opportunities for various professions: trader, investor, bounty hunter/manager, translator, community manager, OTC, consultant, miner/staker... All can find suitable jobs in this market to earn additional income instead of hating crypto as a fraudulent asset. Governments are recognizing the value of BTC and crypto, and we don't need to go against this global trend ^^

As long as we can make the previous bad experience into a very valuable lesson, and not make the next fatal mistakes that may be the same or almost the same, then we should be able to do it much wiser in the future. and not only that, being in a crypto forum community also provides various things and also very valuable lessons, because that's where we can really exchange ideas, discuss, and also give and get information related to crypto and various things in this business, this is very broad, and not only focused on trading matters that may be well-known in the crypto space. so, it is indeed much better to know our potential, what we can do and develop, then we just have to work according to what we can optimize, as much as possible.

[Dr.Bitcoin_Strange]

Airdrops doesn't really worth the effort, in the past if someone did 10 then atleast 3 or 4 of them will pay but these days if someone did 100 the chances of 1 even paying is very slip so on the whole we just waste our time by looking for free money.

Anything that we do without capital has less chance of giving returns that's why investment is the safest of all.

Exactly my point, a lot has changed in the past years in the area of airdrops and bounties. A lot of projects are coming into the space everyday and they are making several kind of promises to the community which we already know that very few of them are willing or plan to keep those promises. Airdrop hunters are complaining everyday, just as you said, it’s very difficult to see 1 successful project out of 100 and at the end you just find out you e just wasted your time and effort chasing nothing but promises. This is has become the new routine and people are already getting used to it, well except for those who are still relatively new and inexperienced in crypto matters.

[Mia Chloe]

Exactly my point, a lot has changed in the past years in the area of airdrops and bounties. A lot of projects are coming into the space everyday and they are making several kind of promises to the community which we already know that very few of them are willing or plan to keep those promises.

The crypto space is now filled with a lot of scammers and scam projects. Yes of course I'll definitely mention this era of Airdrops where many people are still constantly taken advantage of to grow different social media platforms and in the end they are given dust as rewards. Or is it the scenario where crypto newbies are tricked into making huge investments in scam projects and pump and dump schemes.

I've come to understand that victims that arise in the crypto space are as a result of either greed or rushing with little or no understanding of the consequences. Like I always say the crypto space can either give you alot of money or also take alot of money from you it all depends on you .

[Dr.Bitcoin_Strange]

I've come to understand that victims that arise in the crypto space are as a result of either greed or rushing with little or no understanding of the consequences. Like I always say the crypto space can either give you alot of money or also take alot of money from you it all depends on you .

I think what majorly causes newbies to fall into crypto scams is ignorance and not having the necessary knowledge, and then for people who have been around the crypto space for a while but still end up making those mistakes, we can say their decisions and actions were driven by greed, because for people who have been around the crypto space, he must’ve noticed, seen or even experienced the impact of these projects that promises so much reward, so there’s no reason other than greed that may be able to justify their actions other than greed.

[Publictalk792]

I think what majorly causes newbies to fall into crypto scams is ignorance and not having the necessary knowledge, and then for people who have been around the crypto space for a while but still end up making those mistakes, we can say their decisions and actions were driven by greed, because for people who have been around the crypto space, he must’ve noticed, seen or even experienced the impact of these projects that promises so much reward, so there’s no reason other than greed that may be able to justify their actions other than greed.

Yes mostly newcomers to cryptocurrency lose money to scams because they do not know enough. Experienced investors who still make mistakes usually do so because they are greedy. Not knowing and being greedy can lead to big financial losses. To stay safe they should learn about cryptocurrency investing and research carefully and do not expect unrealistic profits. Experienced investors should watch out for warning signs and make smart decisions. Always stay informed and cautious to succeed in cryptocurrency.