Topic: Earning from crypto currency (Read 360 times)

I think that mining cryptocurrencies from bonus programs is the best. It's safe and doesn't cost you money, you can do it in your free time.

Confession time: when I started my experimental adventure here, I went for a bunch of airdrops. After all, free tokens for basically nothing (besides providing some personal contact information which you may/will regret later on down the road having done). I probably  participated in around a hundred of them, and received tokens of a sort in just around 70. After well over a year (they are normally delivered months after you suscribe), the total value of those tokens is 31.52$. A complete waste of time.

That does not mean you cannot hit the jackpot, but the chances are very slim, and even more so as time goes by. The bottom line is that it is by no means (with few exceptions) a way of income, not even for play money on the cryptosphere.

Airdrop is just giving away coins. There are two types:
1. Registration is required: you need to specify the address to which coins will be sent, sometimes some other data: an e-mail, an social account, etc., there may be requirements for dates, number of messages, etc.
For example, an stellar airdrop for keybase users is happening now.
2. Tokens are airdropped on the fact of ownership of coins in some blockchain. For example, you have bitcoins/litecoins/dogecoins - you are airdroped with a CLAM. You need to own coins on some date and that's it.

The forum has special topics about airdrops, including in local subforums.

Thankyou for your comment guys. I have learned a lot about bit coins on your comment. But I was wandering about this airdrop thing. What is that airdrop. How can I earn from that? and How to start to have a drop.? I just wandering how. The business thing how can I make business on crypto currency aside from trading. I think trading is hard because no one can predict the value of the coins that we have.

Hello, there is another way, maybe studying the campaigns of some Altcoins projects, especially those that offer Airdrops for doing some work in social networks, publications, articles among others, at the same time you can go studying and giving your views that They have quality so that you gradually increase your rank in the forum and have enough rank so that you can aspire to join in a campaign that will pay you with bitcoins.

There are many times that in the services section many article writers request, there you can try if you have how to do them.

And in addition I would add to avoid Gambling as a strategy to earn crypto because it's definitely not a way how to earn. I'm reading that quite some times here that people suggest Gambling as a way of "earning" crypto. It's not possible to earn crypto with Gambling because there's no profit generated, just a redistribution of money. Finally, the only winner will be always the casino and that way they are generating revenue to fund their casino (website, staff, marketing etc.)
Gambling is just a (costly) free time activity but never a way to earn. Long-term, users will always lose money.

Just in case members are already pming you with links of wesbsites you can "earn". Ill just provide you a rough guide on what to avoid with their suggestions and the pms you have or may receive.

• Faucets - First of all this is not a scam but what crypto you will earn from this won't even be sufficient to cover your expenses from claiming and claiming with your computer, not unless you have a good number of active referrals you won't earn a thing from this.
• HYIP sites - If members has sent you links of sites where you can earn a steady income for a fixed period then just avoid it because it is most likely a scam. They will claim that they have a legitimate business you can earn and give you a fixed interest rate like 1% for 100 days or any other unrealistic rate of return. Yes they'll be paying you but what you will be receiving is the money of new members joining the scam and not through their said business. Other ways to spot this is they will show you a fake company registry as well as a referral program with unreasonable commission rates.
• Cloudmining - Similar to HYIP sites this one will be claiming that they are mining cryptocurrencies and you just have to rent their hash power to have a fixed daily income. Don't get me wrong there are real cloudmining services but they don't give fixed returns on a fixed period and they also offer lower payout compared to the fake ones.

Remember if you receive anything that fits the description of what I said then just avoid it, you'll just end up wasting either your time and money or both.

You're likely going to be better off earning fiat money through the Internet looking for gigs or even just IRL and converting that money to Bitcoin through an exchange. While this does take more time than just earning Bitcoin, you'll likely find more opportunities this way and you might even be paid more in fiat money. Exchange fees do exist, but I've found the additional fiat you earn should offset this.

Mining's a valid way of earning crypto for some people, but you'll need a somewhat significant investment into hardware to even get started, and most people just don't have a viable electrical rate in the first place for mining. You might live in a country with very cheap electricity, but most people generally don't and aren't profitable mining.

Sure, there are a lot of openings that you can apply since Services of the forum has been mentioned. You can try applying also in different sub-reddits that looks for workers.

https://www.reddit.com/r/Jobs4Bitcoins/
https://www.reddit.com/r/Jobs4Crypto/

Apply to those openings that has exact or near to your skills.

Mining is not the best earning crypto, equipment needed are quite expensive (don't say that you can use improvised equipments because what equipments you will use will greatly affect the results), mining need these criteria:


Not all Airdrops will give you earning, especially airdrop which requires to follow the telegram channel etc, it is only made to bring in members only, also becareful with airdrop that need to download wallet maybe can harm your device.

Faucet is one way to get crypto but it requires patience because the amount obtained is not much.

My way of understanding the ways of "Earning Crypto or any currency" is use of your skillset in a efficient way which will reward you as a income. Even trading is the same thing, you using your analysis skills to increase your funds. I can explain more deep on this.

Suppose that one has a good content writing skills. He/she can start learning and writing about the block chain technology and crypto and gradually build a profile on social media and then the profile starts getting promotional article writing offers. Such offers can be wisely chosen and can earn in Crypto.

Once with good presentation can learn and start a YouTube channel and the similar thing goes with that person. Building profile and start earning.

So, based on a persons skill set they earn. It is a very subjective thing every individual can not be a successful trader or a good right. It completely depends on every individual.

Everything you list as possible sources of profit is very risky and generally susceptible to fraud. Almost worthless tokens that you maybe get in some airdrop, or $1 for weeks in some bounty it’s mostly a waste of time. An even greater danger is threatening in all that because of your data given through KYC procedure, abuse can occur with serious consequences for users.

Mining of cryptocurrency is just a bad advice for a newbie, it is mostly reserved for big players who have money to invest and very cheap electricity, which may bring them profit in long-term.

I agree he needs to learn, most importantly how to avoid all those crypto mines in the cryptocurrency field. A good start is to avoid all mentioned above.

There a lot of methods to earn cryptocurrencies. You can do airdrops, bounties and sell a service for cryptocurrencies without any investment. You can do mining, staking and lending with some investments. You can participate in ICOs and IEOs with good projects. Fist of all, you have to learn more about those things.

No, mining is not the easiest thing to do in crypto. It requires lots of skills and knowledge, and time to manage mining rigs (to config, to investigate and fix technical issues). In addition, mining requires costs for electricity, that in turn might cause pressures on miners when price of bitcoin/ altcoins fall dramatically. It is not a sweety cake for newbie miners, in my opinion.
In contrast, one can choose good coins to invest, and during bearish time, they have less pressure because at least they don't have to dedicate more funds to pay electricity bills.
There are types of cloud mining but this is one of highly dangerous mining types. Don't invest in cloud mining if you don't prepare losses all of original capital in worst cases.
Cloudmining 101 (ponzi risk assessment)

I think mining is the best earning cryptocurrency. Mining is a great way to get some crypto coins. But it does work for all currencies. You can make some income from airdrops. Airdrops are a great way of taking early advantage of earning project.  You also  Earning from crypto is different for currency following their social media channels, sharing posts, signing up on their platform etc Income from the can.

If you are a member of Reddit. There are couple of subreddit for micro work that pays you in Crypto

There are, but you must read this Welcome message from admin first.
Writing a welcome message
This section, The purpose of the forum, of the Welcome message is very important.
From that, you can see that admin's core vision is to build up a friendly forum for newbies, from anywhere around the globe. There are legal ways to earn extra income, here; but you have to remember some key points:
- You must be a quality user to earn extra income.
- You should not destroy your own future opportunities to earn extra income here, by making your shitposts.
- You should read rules, understand rules, and don't break rules (There are some rules if you break them, you will have second, third chances; but there are some rules if you break them, you will do get permanent ban, such as plagiarism).
- You should try to obey rules at beginning because there are some rules (like plagiarism) that will instantly cause permanent ban when proofs found and reported by users. Don't say "I'm sorry, I made it years ago when I was newbie".

There are many types of jobs here:
- Graphic designs, signature designs, campaign managements, etc. (To discover more types of jobs, please visit: Sevices, Sevice Announcements)
- Signature campaigns (good campaigns with good payment rates in bitcoin are welcome only above-average quality posters).
- Bounties (that I don't recommend because you will easily fall into traps of shitshows).

If you want to earn extra income from your quality posts, please read:
Topic title style guide
Make your topic title, posts more attractive
Bitcointalk posting etiquette
There are lots of stories that you should read: Inspirational stories from self-made promoted users
Let met tell you that: I started from scratch like you in 2018, so you can hit top ranks, like me.

Yes, you can!

If you really eager to earn Bitcoin, treat Bitcoin as a money like salary given for those workers.

Identify first your passion or capable of, like in what area or category that you know you can work for and you will be qualified to earn Bitcoins.
Since you mentioned you want to do projects about cryptocurrencies then that's good, you will probably earn Bitcoins with that kind of projects, but you need to learn those things first.

@josephrioveros123 you can first begin at Freebitco where you’ll get few Satoshis, then you can build your referrals list which will give you steady income plus they’ll even give you interest for holding your bitcoins there. As you have mentioned you can undertake crypto projects then I would recommend you to post your services in the service section, and make sure you give a vouch copy to a legendary member that’ll help people trust your services.

You earn money like how you earn money in other niches/industries. You get a job or you start a business. In this case with cryptocurrencies, probably make a startup that could potentially help people(crypto or non crypto, or better, both) one way or another(no ICOs please).

If you're new to bitcoin and cryptocurrencies though? You might want to slow down a bit. If you're here only for the money, forget it. You're likely to not succeed.

It's pretty simple. Hang around and contribute to conversations in a non-spammy manner.