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Topic: 3 ways of making Money from cryptocurrency (Read 1339 times)

newbie
Activity: 2
Merit: 0
January 03, 2019, 08:13:02 PM
#98
1 Buy good cryptocurrencies that have a fundamental usecase and hold them until they obtain a fair market share.
2 Buying & Holding Cryptocurrencies For Dividends
3 And Trade Crypto
 Smiley
hero member
Activity: 2240
Merit: 537
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January 03, 2019, 06:32:51 AM
#97
There is another way, Faucets, just like freebitco.in online.
I think it is suitable for newcomers who are just beginning to enter the field of cryptocurrency.
You can make money with faucets but I don't think it's worth your time.
It does not pay a decent amount of money and will just consume your time, I think bounty is better than that, because
with bounty, you can learn while you are earning.

Faucets are more convenient for mobile/ working users while of course, pay lesser than bounties.

For bounties though, any decent BTC site(s) you could recommend?
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
January 03, 2019, 06:27:12 AM
#96
There is another way, Faucets, just like freebitco.in online.
I think it is suitable for newcomers who are just beginning to enter the field of cryptocurrency.
You can make money with faucets but I don't think it's worth your time.
It does not pay a decent amount of money and will just consume your time, I think bounty is better than that, because
with bounty, you can learn while you are earning.
jr. member
Activity: 279
Merit: 7
January 02, 2019, 11:43:53 PM
#95
Basically the most common way to earn money from cryptocurrency is to Buy and Hodl crypto for long term and selling when price increases overtime. Second is to Buy and Hold for Dividends.Next is to Buy and Trade them on any exchanges.Other way is for staking and masternodes.You can also do the Day Trading but you have to learn it first. Cryptomining is other way to earn from cryptocurrency.
hero member
Activity: 1414
Merit: 516
January 02, 2019, 10:29:35 PM
#94
Yes this are good ways, but there are still more ways, choose a masternode coins and can get an income from legit projects, and also people can choose where available to be paid in bitcoin, and also faucets as other users say.
member
Activity: 479
Merit: 14
January 02, 2019, 08:14:01 PM
#93
There is another way, Faucets, just like freebitco.in online.
I think it is suitable for newcomers who are just beginning to enter the field of cryptocurrency.
newbie
Activity: 3
Merit: 0
January 02, 2019, 03:19:30 PM
#92
You forgot selling locally, I've made a lot of money selling BTC/ETH during the bull run locally, charging a 10%-15% fee.
member
Activity: 308
Merit: 10
bokser
January 02, 2019, 11:07:04 AM
#91
Of the three methods, Trading is my choice. Because with small capital, I can make buying and selling transactions.
Imagine if you do mining, you have to think about the cost of electricity and hardware with high specs. Which of course has an expensive price.
the easiest way to make money on cryptocurrency is to participate in bounty programs and trade. But to use this you need to pump accounts in social networks. It takes time and time-consuming process.
member
Activity: 154
Merit: 24
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January 02, 2019, 10:57:48 AM
#90
Mining is the way how to get money but we need more tools and money to get mining, by mining we need more tool and really understand how to get money with mining.
To make money out of mining one has to invest a huge sum of money just like you said and it's quite impossible for a whole lot of people on the network,as the cost to own a mining rig is worth so many millions,though it's profitability is on a higher scale
So the best and easily accessible means is trading,as you can afford to start with as little as possible capital and grow your investment,it comes with a whole lot of risks,but with the right attitude and perfect trading technique one should be able to come out unscathed
member
Activity: 392
Merit: 49
January 02, 2019, 10:33:50 AM
#89
You can add another very profitable way to earn crypto:

Doing bounties. You don't have any much risk in doing bounties, only the time you wasted if a project turns out to be a scam. It's not necessary to risk money because you don't need money to participate in a bounty. Bounty is always very safe to do.
I like bounty and think it's the best way for normal people to earn crypto. Faucets and Airdrops are also free but not very profitable.
sr. member
Activity: 1492
Merit: 269
January 02, 2019, 09:22:23 AM
#88
Mining is the way how to get money but we need more tools and money to get mining, by mining we need more tool and really understand how to get money with mining.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
January 02, 2019, 12:00:42 AM
#87
I'll probably add in to say that, if you try and do some work eg. translation, poster designing, taking up bounties for whatever social activities there are - you will be in to learn and earn at the same time!  Grin
Great advice, there are many needs since the ICO is growing, and with that task that you will do, it will increase your income.
The best timing to sell your reward is during the bull run or when the market recovers, because for now, there's no much value you will get.
full member
Activity: 1638
Merit: 122
January 01, 2019, 10:42:57 PM
#86
There is another way which is be a bounty hunter to do Bounties campaign. You will get pay after do the bounty campaign tasks and you can trade the rewards into bitcoin.

bounty campaigns are not efficient way to make money because you dont have an assurance if a bounty that have you joined will pay you  . the 3 ways  that op stated on the first page are more better than applying and working on a bounty campaign but the only downside is that they mainly require a starting capital in order to get started with while bounty campaigns are free and you only need to invest your time   .  id better do faucets and other online jobs out there because they are more legit but again the pay rate is quit small  .
newbie
Activity: 26
Merit: 1
January 01, 2019, 10:34:17 PM
#85
I'll probably add in to say that, if you try and do some work eg. translation, poster designing, taking up bounties for whatever social activities there are - you will be in to learn and earn at the same time!  Grin
sr. member
Activity: 402
Merit: 250
January 01, 2019, 10:25:19 PM
#84
Not only 3 ways, but there's more, such as offering your service just like logo designing, writing white paper, or to be a part of the team as blockchain developer if you have that skill. And for me Airdrop nowadays is just a waste of time.
that's right there's a lot of better ways on how to earn in crypto not just these 3 ways, try to review this thread if you're willing to learn those ways. i don't think that these ways of making money in cryptocurrency is suitable for everyone, for example the first one is mining, it seems like not everyone can afford to buy mining rig because the electronic parts are very expensive and you have to calculate the electricity you've to consume for your power supply and if you're suggesting also the cloud mining, i don't it is very applicable. yes you can actually earn, but it also takes a lot of your time.
legendary
Activity: 3346
Merit: 3130
January 01, 2019, 09:18:00 PM
#83
Mining, trading, and trading?... But what about gambling? I think gambling is another excellent option to make money with cryptocurrency, at the end it has the same risk than trading, you can win or lose, but if you play it smart isn't hard at all to en in the positive numbers side.
full member
Activity: 383
Merit: 100
January 01, 2019, 06:02:39 PM
#82
actually to make money from cryptocurrency there are different types or ways there is an investment, there is a way of bounty, then airdrop and many more types depends on the interest of each person
full member
Activity: 560
Merit: 108
January 01, 2019, 05:47:50 PM
#81
There is another way which is be a bounty hunter to do Bounties campaign. You will get pay after do the bounty campaign tasks and you can trade the rewards into bitcoin.
member
Activity: 429
Merit: 10
January 01, 2019, 01:42:08 PM
#80
actually not only three ways to be able to make money from cryptocurrency, maybe the way I can mention is that you might be able to become a participant from bounty campaign and from where you can get cryptocurrency and can make you earn money.

Yes' there are so many methods that you can learn about cryptocurrency but even now they dont earn and lot of them always telling that bitcoin is already dead.
full member
Activity: 1106
Merit: 166
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January 01, 2019, 11:43:55 AM
#79
No bounty hunting and airdrops mate. If you choose right projects they can yield you move amount of money.
Aside those 3 ways of making money from cryptocurrencies, we should also consider joining in bounty program is also way to earn money from cryptocurrencies. But now its hard to earn money from bounty because of them are failed so as a bounty hunter we should be wise on choosing bounty program so you can gain huge amount of money.


Yes you are correct this way will also give the consistent earning for some months that's why I will appreciate you and recommend this way for all the uses of this forum and I can also be a part of this it will be very more comfortable and more good job to do and learn something new at each and every day
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