Many Ways To Make Money in Cryptocurrency

[The Odd Ducks]

Best ways to earn using your crypto

1) HOLD - Buy currency like BTC/ETH/SOL/BNB and hold for long term
2) DCA - Buy daily/weekly/monthly small amounts of your fav. crypto over a period of time you will see benefit's.
3) Earn programs - Stake your coins/tokens on earn programs of exchanges (not recommended strongly)
4)Set up trade bots - Trade bots like grid bots, DCA bots, futures bots (risky) etc can be a great choice if you know to time them well


PS: Not your keys, not your coins, remember to hold your crypto on self custody wallets.

[Mia Chloe]

Some are having the intention of making money in cryptocurrency but at the end they landed at losing it, this could be as a result of many things which they have given less attention to, we have to be more careful in whatever thing we do, also, we may have to consider having more alternatives to how we can make money in cryptocurrency in other to increase our chances of making some earnings than when we are only tied to a single source.

This is very true and I believe it's as a result of them not sitting down to take a deep breath and actually settle to observe and take note of the things that really matters which obviously is information and practice. Take crypto trading for example which is one of the most common  "Gold mine" per say in the crypto space, many people are too focused on having huge capital that they neglect important things like market behaviour and dynamics.

Like I always say it's very easy to lose a lot in the crypto space and relatively it's very easy also to profit enough from the crypto space when you have the right information and understanding. Sometimes people fail too as a result of greed because they see crypto as a money making scheme.

[Tribalchief]

Considering I'm new to cryptocurrency so I don't know much about making money from cryptocurrency, and I can only summarize it like this:

-Airdrops
-Bounty
-Trading
-Mining
-Invest
-Hacking

The last one is hacking, it is not recommended because it is a malicious treatment to everyone and can be punished by the authorities.
Why I put "Hacking" in that point because the topic title is "Many Ways To Make Money in Cryptocurrency", so there are no good and bad points in the topic title. This is only my view of this topic . Cmiiw

You've outlined some important points here, but you should've have at least point out the most realistic ones. Mining is of course a way to make money, but the question then should be: how many people makes money through mining?. The cost of mining equipment and electricity bill is enough factor to discourage anyone aspiring to become a miner. Anyone planning on taking mining as a primary source of income should enough to at least start the journey.

But Investing and Trading are more visible and promising compared to Bounties and Airdrop. Not all airdrop pays well these days, but some do well to some extent.

[milewilda]

Some are having the intention of making money in cryptocurrency but at the end they landed at losing it, this could be as a result of many things which they have given less attention to, we have to be more careful in whatever thing we do, also, we may have to consider having more alternatives to how we can make money in cryptocurrency in other to increase our chances of making some earnings than when we are only tied to a single source.

This is very true and I believe it's as a result of them not sitting down to take a deep breath and actually settle to observe and take note of the things that really matters which obviously is information and practice. Take crypto trading for example which is one of the most common  "Gold mine" per say in the crypto space, many people are too focused on having huge capital that they neglect important things like market behaviour and dynamics.

Like I always say it's very easy to lose a lot in the crypto space and relatively it's very easy also to profit enough from the crypto space when you have the right information and understanding. Sometimes people fail too as a result of greed because they see crypto as a money making scheme.

Realizations do always come at the end on which the thing on which you've been that thinking or having those assumptions that it was really just that like on this way
will really be something that your primary impressions that it is really just that easy on making money in crypto but you are really just that  ending up on having those
realizations on the moment that you are able to experience the truth on how hard it is on making up money or having profits in crypto space.
It might be hard but its not something impossible.

[bounceback]

Considering I'm new to cryptocurrency so I don't know much about making money from cryptocurrency, and I can only summarize it like this:

-Airdrops
-Bounty
-Trading
-Mining
-Invest
-Hacking

The last one is hacking, it is not recommended because it is a malicious treatment to everyone and can be punished by the authorities.
Why I put "Hacking" in that point because the topic title is "Many Ways To Make Money in Cryptocurrency", so there are no good and bad points in the topic title. This is only my view of this topic . Cmiiw

I don't sure hacking is recommended way how to earn or make money in cryptocurrency, right now easily for scammer earn much profit trough cryptocurrency without hacking other assets but make shit or meme coins. After have many investor buy their coins removing liquidity and shit coin become rugpul.
Many scammer easily earn much money right now and their scamming coins not only one but also have several coins success rugpull and they will created another new shit coins.

[taufik123]

I don't sure hacking is recommended way how to earn or make money in cryptocurrency, right now easily for scammer earn much profit trough cryptocurrency without hacking other assets but make shit or meme coins. After have many investor buy their coins removing liquidity and shit coin become rugpul.
Many scammer easily earn much money right now and their scamming coins not only one but also have several coins success rugpull and they will created another new shit coins.

Yes, the Rugpull phenomenon that occurred in memecoins is currently in the spotlight and it is happening on the Solana Pump.Fun network.
There are thousands of memecoins that appear every day and 98% of them are rugpull memecoins that will only be thrown away by the developers.

And even worse now pump.fun is a place where bad things happen, with live streaming trying to get people to buy and if it doesn't get done they will do something ridiculous. But now the live streaming feature has been blocked.

[Mia Chloe]

I don't sure hacking is recommended way how to earn or make money in cryptocurrency, right now easily for scammer earn much profit trough cryptocurrency without hacking other assets but make shit or meme coins. After have many investor buy their coins removing liquidity and shit coin become rugpul.
Many scammer easily earn much money right now and their scamming coins not only one but also have several coins success rugpull and they will created another new shit coins.

Well probably op didn't put his writeup in a very proper way but he has a valid point there too. Hacking just like it has a negative side also has a positive counterpart too. However it's common to find people quickly relate to the negative side of hacking quicker than it's positive side , and I believe that's what is actually happening.

Hacking can be a honest thing too. Now a long while ago I did some research on hacking and I discovered hackers like blue hat and white hat hackers are actually important and harmless. Especially the blue hat who literally are bug finders and besides they earn good too.

[bounceback]

Well probably op didn't put his writeup in a very proper way but he has a valid point there too. Hacking just like it has a negative side also has a positive counterpart too. However it's common to find people quickly relate to the negative side of hacking quicker than it's positive side , and I believe that's what is actually happening.

Hacking can be a honest thing too. Now a long while ago I did some research on hacking and I discovered hackers like blue hat and white hat hackers are actually important and harmless. Especially the blue hat who literally are bug finders and besides they earn good too.

I don't assume with OP but the phenomena right now how many people take wrong way to earn much money in cryptocurrency, from hacking until how many of them have make habit by creating shit coin to scam many people. Personally I don't think interested yet with wrong way to earn much money in crypto always do the right way, earn from bounty campaign, joining airdrop and spent half my money for investing or trading.
I believe feedback will get later if have habit get scam or hacking will get back later what have to do, so in cryptocurrency have many right way to earn much money and keep away from wrong way.

[bitterguy28]

Hacking can be a honest thing too. Now a long while ago I did some research on hacking and I discovered hackers like blue hat and white hat hackers are actually important and harmless. Especially the blue hat who literally are bug finders and besides they earn good too.

i think hacking has a bad implication everyone automatically assumes the worst if you tell someone that you are a hacker they’d probably be wary of you lol but to clarify companies do employ hackers to test out how strong or weak their softwares are

but i guess regardless of what you actually do people will always be skeptical of you and the skills you have in order to be called a hacker

[milewilda]

I don't sure hacking is recommended way how to earn or make money in cryptocurrency, right now easily for scammer earn much profit trough cryptocurrency without hacking other assets but make shit or meme coins. After have many investor buy their coins removing liquidity and shit coin become rugpul.
Many scammer easily earn much money right now and their scamming coins not only one but also have several coins success rugpull and they will created another new shit coins.

Yes, the Rugpull phenomenon that occurred in memecoins is currently in the spotlight and it is happening on the Solana Pump.Fun network.
There are thousands of memecoins that appear every day and 98% of them are rugpull memecoins that will only be thrown away by the developers.

And even worse now pump.fun is a place where bad things happen, with live streaming trying to get people to buy and if it doesn't get done they will do something ridiculous. But now the live streaming feature has been blocked.
--

I do make out investment with meme coins but i wasnt expecting that people will really be going this far on which trying out to make something stupid and forcing up people to buy just because on trying out to avoid something happened into those people who are on the stream? Basing up into those images given above then this do involves killing and even making up some immoral actions just to make those coins do pump up. This is really indeed that too desperate on trying out to reach that particular MC on $1M on which they will really be going into such extent.
It is really just that sad into those people who had made out this kind of actions just for money.

[Dr.Bitcoin_Strange]

i think hacking has a bad implication everyone automatically assumes the worst if you tell someone that you are a hacker they’d probably be wary of you lol but to clarify companies do employ hackers to test out how strong or weak their softwares are

but i guess regardless of what you actually do people will always be skeptical of you and the skills you have in order to be called a hacker

I think you mean Hacking has a bad reputation, this is actually true but it’s true only to those who do not really understand the profession. People always say that if you don’t really understand the problem, you can get a better solution for that problem. Hacking is a skill that can be used for both good and evil, depending on how you choose to put the skill in play, several organizations, including government and security agencies uses the services of hackers to facilitate their works, and just like you’ve said, help test how solid their firewalls are, and also help detect possible vulnerabilities to ensure a stronger security, so yeah hacking isn’t that all bad.

[LogitechMouse]

Hacking can be a honest thing too. Now a long while ago I did some research on hacking and I discovered hackers like blue hat and white hat hackers are actually important and harmless. Especially the blue hat who literally are bug finders and besides they earn good too.

i think hacking has a bad implication everyone automatically assumes the worst if you tell someone that you are a hacker they’d probably be wary of you lol but to clarify companies do employ hackers to test out how strong or weak their softwares are

but i guess regardless of what you actually do people will always be skeptical of you and the skills you have in order to be called a hacker

When somebody think of a hacker, they think that they're dangerous, harmful, and always doing bad things. That's also what I think about them as well until I joined the crypto space and then I realized that there are some hackers that are doing some good things... at least for the company that they're hacking.

I believe that there are some hackers out there that are hacking the system of a particular company to tell them that they need to upgrade their security because it's very weak and that alone can prevent the company to lose millions. There are some hackers out there that are stealing money from these companies but opting to give it back. Most of the hackers though are doing the bad thing which is stealing money when they see a company vulnerable enough for them to get hacked.

[armanda90]

I think you mean Hacking has a bad reputation, this is actually true but it’s true only to those who do not really understand the profession. People always say that if you don’t really understand the problem, you can get a better solution for that problem. Hacking is a skill that can be used for both good and evil, depending on how you choose to put the skill in play, several organizations, including government and security agencies uses the services of hackers to facilitate their works, and just like you’ve said, help test how solid their firewalls are, and also help detect possible vulnerabilities to ensure a stronger security, so yeah hacking isn’t that all bad.

Hacking have bad reputation but if they want try looking bug at some project I believe have opportunity earn much money than how stolen from hacking, I think many new or old project always protect their side and make give away for their bug, if you find bug at any project get possibility with higher payment.
I believe yet when have new exchange get fatal mistake, my friend deposit TWT coins to one exchange but when landing to exchange wallet become BNB coins, then report to exchange its self and he got reward almost 20% of amount BNB credit in his wallet.

[Dr.Bitcoin_Strange]

Hacking have bad reputation but if they want try looking bug at some project I believe have opportunity earn much money than how stolen from hacking, I think many new or old project always protect their side and make give away for their bug, if you find bug at any project get possibility with higher payment.
I believe yet when have new exchange get fatal mistake, my friend deposit TWT coins to one exchange but when landing to exchange wallet become BNB coins, then report to exchange its self and he got reward almost 20% of amount BNB credit in his wallet.

I was trying to understand half of what you’re trying to say, but from the little I’ve been able to take out from all you’ve said, you’re saying that your friend helped fixed a bug in an exchange and was rewarded for that, if I’m not mistaken. Well of course, not just exchanges, a lot of establishments and companies gives opportunities to hackers, software developers and web developers to attempt detecting bugs and attempt fixing them (in some cases) and they get rewarded for it.

I heard that google placed a huge reward for any hacker that could successfully break through their security system and hack the platform, although I don’t know how true this information is as I didn’t personally confirm its authenticity, but I know there are reputable and notable companies that do this to test how strong their interface is.

[sampoerna]

1) HOLD - Buy currency like BTC/ETH/SOL/BNB and hold for long term

This is the best way that I do also for crypto investment, especially for long term period. It's just that, at that time, I missed SOL, for other coins, I am very grateful to have them since the price was still small. And it teaches me very well to prepare for the next bearish period.

Hacking have bad reputation but if they want try looking bug at some project I believe have opportunity earn much money than how stolen from hacking, I think many new or old project always protect their side and make give away for their bug, if you find bug at any project get possibility with higher payment.

Unfortunately, hackers never stop doing it and continue to look for potential victims, both on a small and large scale. Caution and vigilance are very much needed. And for developers and also owners of certain platforms, it is indeed mandatory to tighten and strengthen their system security because hacking, phishing, and scamming may be targeting.