AsidesTrading, What Are Less Risky Methods of making money in crypto(?

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: mirakal on September 25, 2024, 05:59:07 PM

If you mean to say the least risky method in making money out of crypto, then I should say that's from participating in a signature campaign.

No method of earning comes without prior investment. In signature campaigns which this forum has proudly allowed, the investment is your forum account and its current running status to join in and the gradual growth of that. Indeed it is a low risk method but with that as a start more options are needed which includes investing in casino bankrolls, buying bitcoin if possible with fiat by cost averaging or buying every dip.

Also it is always a good option to look into traditional assets too, members of this forum might disagree but they make up a minority of this entire world and that is run by traditional assets.

Staking is never something I recommend.

betswift

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Quote from: mirakal on September 25, 2024, 05:59:07 PM

If you mean to say the least risky method in making money out of crypto, then I should say that's from participating in a signature campaign. You earned what you worked for, and as long as you follow the rules and stay as relevant as you are, you will always be safe. Unlike trading, there's no certainty if you'll end up profitable, that's why I always see it as a high risky method of making money. I prefer long term hodling instead.

Investing + sig campaign is a great choice, in my opinion.
You can either use the funds from the campaigns for the investment or just accumulate them for the future.
Many possibilities are out there, you just need to grab them and follow the rules.

mirakal

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If you mean to say the least risky method in making money out of crypto, then I should say that's from participating in a signature campaign. You earned what you worked for, and as long as you follow the rules and stay as relevant as you are, you will always be safe. Unlike trading, there's no certainty if you'll end up profitable, that's why I always see it as a high risky method of making money. I prefer long term hodling instead.

Silberman

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Quote from: Strongkored on September 18, 2024, 05:28:09 AM

Quote from: hyudien on September 13, 2024, 12:20:42 PM

Talking about risky investments in crypto assets is very difficult unless you invest in stable coins then it will be suitable. So basically crypto is high risk even with a small amount you invest in fact price fluctuations cannot be avoided. If you are serious about managing spot trading and farming airdrops alone, it is good enough. Plus if you want a long-term investment then you know where to put your money. Now it's never too late to continue accumulating bitcoin if your finances are stable then it will be very helpful.

You will not get any profit in holding stablecoin, stablecoin only to secure assets from agility because the value will remain 1: 1 with USD and stablecoin the same as Fiat centralized so that the risk remains high.
If you want to invest even though the risk is high, then Bitcoin is the best choice for now, but how much profit gained will depend on patience to hold it the longer you hold it, the greater the benefits that might be achieved
Farming airdrops is the best even you can get zero but the risk almost zero too.

Stable coins offer no upside and offer the possibility of losing everything, as in theory a stable coin cannot go above the dollar parity but it can go all the way to zero, an unfortunate scenario we have seen several times before, so it is way better to avoid them as a long term investment option, and instead invest in bitcoin which is the most solid coin on the market, still we must be careful as even if the price has a tendency to go up, if an investor makes a bad move they can still lose their money.

Strongkored

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Quote from: hyudien on September 13, 2024, 12:20:42 PM

Talking about risky investments in crypto assets is very difficult unless you invest in stable coins then it will be suitable. So basically crypto is high risk even with a small amount you invest in fact price fluctuations cannot be avoided. If you are serious about managing spot trading and farming airdrops alone, it is good enough. Plus if you want a long-term investment then you know where to put your money. Now it's never too late to continue accumulating bitcoin if your finances are stable then it will be very helpful.

You will not get any profit in holding stablecoin, stablecoin only to secure assets from agility because the value will remain 1: 1 with USD and stablecoin the same as Fiat centralized so that the risk remains high.
If you want to invest even though the risk is high, then Bitcoin is the best choice for now, but how much profit gained will depend on patience to hold it the longer you hold it, the greater the benefits that might be achieved
Farming airdrops is the best even you can get zero but the risk almost zero too.

TheUltraElite

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So anyway, I applied as a merit source :)

Trading should be limited to spot trading and that too only bitcoin and maybe the top few altcoins. Trading is always a long term game, do your homework on the coins and only buy at the low and sell at the high. Theses are basics.

Next you can invest in casino bankroll, very few options nowadays but it is a long term investment.

Do not invest in staking, it is loss in the long term and often scams are masquerading in it.

Beyond this, there are few options. Be sure to invest in traditional markets too if you cannot convert fiat to BTC easily, they are also not bad and goo enough alters until bitcoin can pick up new things.

Do check out @mindrust thread here - [GUIDE] Best Crypto Investment Opportunities for Passive Income -2024

justdimin

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Quote from: YoungBoyCrypto on September 12, 2024, 02:55:47 PM

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

The best way to make money will always be long term holding of course, because if you are long term holding then you are going to benefit a lot. People here saying holding are not lying and this is why so many people are saying it, if you are looking at making good money from trading then we are going to end up with a good result and shouldn't be worried about it and if we do that then we are going to be fine but at the end of the day if we are looking at just the long term holding and DCA type of methods then we are going to end up with making a good amount of trouble without much issues.

It should be clear that we are going to see this getting a bigger problem without much issues. So this is going to be something that will get a good result as long as we trust what we are dealing with.

Questat

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Quote from: Solosanz on September 13, 2024, 11:41:48 PM

I don't think trading is a "less risky method", trading require a strong mental since you need to be brave to sell your coins when you think it's possible to earn more and at the same time dare to cut loss.

Less risky method is get a job and learn a high salary skill, you're only risking your time, effort and some capitals (but not as high as trading).

Airdrop farming do count as less risky method, but launchpools isn't because you're risking all of your money in centralized exchange.

Trading is indeed a high risky method that will make you earn quick and huge profits but will also lose your funds in just a blink of an eye if you are not cautious while risking your funds.

Instead, I'll go for DCA. The risk is less if you are doing it regularly with your spare money, but if you are borrowing your capital just to accumulate bitcoin, it's even a high risky attempt that you will only regret in the end. DCA is good if you have a sustainable flow of income, if not, it's still as risky as trading.

Dr.Bitcoin_Strange

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Quote from: shawonngp on September 15, 2024, 11:00:17 AM

Quote from: Dr.Bitcoin_Strange on September 13, 2024, 02:16:35 PM

If you can bear the risk of staking your coins on a third party exchange, without minding the implications, then it's also one way you can earn in crypto without becoming a trader. Staking gives you the chance to earn a certain APY on your coins but the challenge is that you are not in complete control of your assets and if any issue should arise with the exchange, you might lose your asset. Another means to earn is through lending, you lend your crypto to your friends with the agreement for a certain repayment amounts.

That means risk is involved in everywhere if we talking about trade and also staking in the exchanges, but staking is less risky and it's depend on exchanges issue, if exchanges is hacked then our staking fund will be lose, there are no other big risk like trading or invest in high volatile coins, i think staking is better to lend my money through my friends.

There's no investment that doesn't have risk attached, remember the saying, "anything that has advantage, also has disadvantage." The difference is that some investment has a low risk, while some have a high instant risk that can liquidate your asset as fast a possible. The aspect of lending your crypto to a friend can still be risky because if they don't pay back, you will be at lose.

Iranus

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Quote from: Catenaccio on September 13, 2024, 10:22:57 PM

Quote from: Cryptomultiplier on September 13, 2024, 10:05:44 PM

I think the best option you can stick to as a newbie trader or retail trader as is this case, is to join and participate in mining hamster_kombat coins which is a model of one of the tap-to-earn games launched in March 2024.
One only has to tap to mine #hamster coins of which offers new code word and card combinations that is certain to reward players with up to 6 million redeemable tokens.
other popular projects like Tapswap, Notcoin, Blum, and Dotcoin are similar web3 clicker games which share same model of operation and profit per Hour (PPH) earnings with maximum benefit.

It looks to be easy way to make money but I am against this idea because people mostly fail in control of their greed. If they participate in these easy-money-making games, they will love these games and forget about risk. When they start to think all things are rosy, no risk existence in games they are participating in, they will start to engage in risky games.

Many people lost money because they believed in Play-to-Earn projects, games and tokens but ignored facts on risk of these tokens that are very inflationary. Play to earn, the name says it, you play, you earn, so who pay and where is resource of payment.

The same risk exists with Tap To Earn and other Earn models.

As long as you don't use the money to buy those tokens on the exchange, if you just join their game and earn rewards by quests, I don't see any risk at all. I have also joined tap to earn projects on telegram like notcoin, cati, hamster and Blum...I don't see any risk and have also earned some valuable tokens, so far.

I do not deny that these projects will sooner or later collapse and disappear like P2E projects in the 2021 bull market but if we join for free and do not invest in any form. I think we will be fine.

The risk only comes to us when we use money and invest in these projects without any prior research.

Wexnident

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Quote from: YoungBoyCrypto on September 12, 2024, 02:55:47 PM

~

Pretty sure anything in trading involves some level of risk and I can't exactly say any of them is low in level. I'd guess the lowest you can get is either investing in Bitcoin (or any coin you think is going to last long) which yields better rewards in the long run imo, as well as mining coins yourself. There are still some level of risks but they're a lot more manageable compared to investing god knows how much in altcoins who are going to die in the next few weeks after release, or at least most of them anyway. You can try shorting them but that's not exactly low risk.

jrrsparkles

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Quote from: YoungBoyCrypto on September 12, 2024, 02:55:47 PM

Hi everyone, good day. I noticed BTC is seeing some good price action today, though I’m not sure how sustainable it will be—let’s hope for the best. I’m not really into futures trading as I don’t have the patience for it. I stick to spot trading and airdrop farming.

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Trading is the only potential way to make profits with crypto currency than other schemes for example staking, investing on casino bankroll which all produce very low return like 7% on an average I guess.

That leaves back you to trading again but there are multiple options for you in the trading itself from short term, long term, leverage, futures but apart from long term trading everything has high risks so better stuck with your fundamental analysis and pick better coins than random shitcoins.

shawonngp

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Quote from: Dr.Bitcoin_Strange on September 13, 2024, 02:16:35 PM

If you can bear the risk of staking your coins on a third party exchange, without minding the implications, then it's also one way you can earn in crypto without becoming a trader. Staking gives you the chance to earn a certain APY on your coins but the challenge is that you are not in complete control of your assets and if any issue should arise with the exchange, you might lose your asset. Another means to earn is through lending, you lend your crypto to your friends with the agreement for a certain repayment amounts.

That means risk is involved in everywhere if we talking about trade and also staking in the exchanges, but staking is less risky and it's depend on exchanges issue, if exchanges is hacked then our staking fund will be lose, there are no other big risk like trading or invest in high volatile coins, i think staking is better to lend my money through my friends.

YOSHIE

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Quote from: YoungBoyCrypto on September 12, 2024, 02:55:47 PM

AsidesTrading, What Are Less Risky Methods of making money in crypto

Bug, there are not many options you can do in the crypto world.
1. Mining options.
2. Trading options.
3. Investment options.

These three options are commonly used by many crypto users, these three features make money, depending on how you do it, the point is that everything has risk, there is no part of crypto that has no risk, especially in trading.

So whatever you want to do, the main thing you have to apply is study so that you master all the knowledge you want to do, even though it has risks, at least you can overcome that, my advice is don't do anything in the crypto world, if you Don't want tolearn in the activities you want to do.
Remember, whatever type of work or activity you do, there are risks, so if you have knowledge in this matter you can overcome these risks and produce what you want.

hd49728

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Quote from: yhiaali3 on September 13, 2024, 11:14:28 PM

There are always risks in investing, there is no investment without any risks but it can be said that there are investments that are less risky.

Quote from: Solosanz on September 13, 2024, 11:41:48 PM

I don't think trading is a "less risky method", trading require a strong mental since you need to be brave to sell your coins when you think it's possible to earn more and at the same time dare to cut loss.

Less risky method is get a job and learn a high salary skill, you're only risking your time, effort and some capitals (but not as high as trading).

Both investing and trading is risky. Trading is more risky than investing but if you leverage your trading positions or your investment position, you are escalating risk for your positions and it means higher probability to lose money in trading and investment.

But think oppositely, we can clearly and easily see that by avoiding leveraging our positions in either investment or trading, we are minimizing risk and can control our positions better, hence reduce severity of loss if it comes. So either investment or trading, do this with your own money, say no to leverage use and it's good approach to go, but still not guarantee any profit.

Quote from: yhiaali3 on September 13, 2024, 11:14:28 PM

Everyone's view is different but I prefer to invest in the long term, choose a good asset and keep it for the long term, but you have to choose carefully and look for assets that may have the potential for significant growth in the long term.

Investment is very good way to spend your money, and get passive income. Like if you invest money from your salary in bitcoin, hold it for some years, it does not require you to do so much with your bitcoin in your non custodial wallet. Simply create and back up your wallet properly, keep them safely and when Bitcoin grows up well in price, you will get profit passively and easily.

Solosanz

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I don't think trading is a "less risky method", trading require a strong mental since you need to be brave to sell your coins when you think it's possible to earn more and at the same time dare to cut loss.

Less risky method is get a job and learn a high salary skill, you're only risking your time, effort and some capitals (but not as high as trading).

Airdrop farming do count as less risky method, but launchpools isn't because you're risking all of your money in centralized exchange.

yhiaali3

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There are always risks in investing, there is no investment without any risks but it can be said that there are investments that are less risky.

Everyone's view is different but I prefer to invest in the long term, choose a good asset and keep it for the long term, but you have to choose carefully and look for assets that may have the potential for significant growth in the long term.

launchpools are a good option for investors especially when they are on reliable and well-known exchanges, but of course they involve risks as the price of the coin can drop significantly after it is listed so you have to monitor it and sell it at the best price.

michellee

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Bitcoin movement today have a good move as the price can touch $60k. That make the market situation green and many altcoin also move to go up. Hopefully, this situation will be like that and the correction is end for now but it will come again in the next high price.

If you bought Rune at $5 but the price now is not increase, you should have patience. The Rune price now is at $4.14 so there still have a chance to increase higher. When the altcoin season come, RUNE can get the time to increase if the coin have a chance.

Trading is not easy so you have to learn more about analyzing the market. Launchpool and low risk investment option should be good for trader but each thing will have its risks so you must know how to avoid the big risks. This situation is not easy to trade because there will be many surprise and shock moment that we don't know and that can make us worry. So be careful.

Catenaccio

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Quote from: Cryptomultiplier on September 13, 2024, 10:05:44 PM

I think the best option you can stick to as a newbie trader or retail trader as is this case, is to join and participate in mining hamster_kombat coins which is a model of one of the tap-to-earn games launched in March 2024.
One only has to tap to mine #hamster coins of which offers new code word and card combinations that is certain to reward players with up to 6 million redeemable tokens.
other popular projects like Tapswap, Notcoin, Blum, and Dotcoin are similar web3 clicker games which share same model of operation and profit per Hour (PPH) earnings with maximum benefit.

It looks to be easy way to make money but I am against this idea because people mostly fail in control of their greed. If they participate in these easy-money-making games, they will love these games and forget about risk. When they start to think all things are rosy, no risk existence in games they are participating in, they will start to engage in risky games.

Many people lost money because they believed in Play-to-Earn projects, games and tokens but ignored facts on risk of these tokens that are very inflationary. Play to earn, the name says it, you play, you earn, so who pay and where is resource of payment.

The same risk exists with Tap To Earn and other Earn models.

Cryptomultiplier

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Quote from: YoungBoyCrypto on September 12, 2024, 02:55:47 PM

Hi everyone, good day. I noticed BTC is seeing some good price action today, though I’m not sure how sustainable it will be—let’s hope for the best. I’m not really into futures trading as I don’t have the patience for it. I stick to spot trading and airdrop farming.

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

I think the best option you can stick to as a newbie trader or retail trader as is this case, is to join and participate in mining hamster_kombat coins which is a model of one of the tap-to-earn games launched in March 2024.
One only has to tap to mine #hamster coins of which offers new code word and card combinations that is certain to reward players with up to 6 million redeemable tokens.
other popular projects like Tapswap, Notcoin, Blum, and Dotcoin are similar web3 clicker games which share same model of operation and profit per Hour (PPH) earnings with maximum benefit.

This is one of the less riskier methods of making money in cryptocurrency I know currently and it is making rave and allowing the development of more cryptocurrency related innovations to help both the macro and micro economy at large.

Topic: AsidesTrading, What Are Less Risky Methods of making money in crypto(? (Read 443 times)