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Topic: How a beginner can earn money from the crypto? (Read 781 times)

legendary
Activity: 2226
Merit: 1086
duelbits.com
January 07, 2022, 04:42:20 PM
#95
A beginner that doesn't know anything about the trading and technical analysis, can make money?

If you don't know anything yet, just learn about the first basics of cryptocurrency, and not focus on the earning that someone can gain from trading. You may only see the success of someone in trading, earning so much money, and being rich because of trading. But you exactly don't know their struggle from starting trading, the loss that they make, and also how serious and heavy they are trading.
I suggest you really understand at first what trading is, the pros and cons, and also the risks of losing that you may get, not only the profits to earn.

I heard transaction between some wallets give you a reward!
Did you mean certain airdrops? Be careful because sometimes, they are scammers and only want your money and will not give you back your money.
member
Activity: 672
Merit: 16
A beginner can make earning from cryptocurrency by knowing cryptocurrency. To know cryptocurrency means to learn to have knowledge. What a Beginner needs first is to study , you can't start earning cryptocurrency without having any knowledge about crytocurrency.  Study to know cryptocurrency to earn from it.
legendary
Activity: 2730
Merit: 7065
Honestly this is my opinion no body can earn from trading because many people says trading too much easy way to make money but that alternative side that is very difficult way to trade.
Wrong. Some people make money trading crypto and stocks but it's a lot more difficult than people think. And it's not recommended for those who are just starting out, have no education, or experience with financial markets. For one successful crypto trader who makes regular profits, there are dozens if not hundreds who regularly lose their money. If you don't know what you are doing, you are more likely to increase the count in the second group.
sr. member
Activity: 1330
Merit: 289
Please I'm really a newbie here, I honestly don't have any idea about this Bitcoin mining stuff, please could you help me out with some Lay man explanations. I would really appreciate
Everything people want they will ask a question, no body went to the school to learn but what I'm saying is that for we to acquire wisdom to things we don't know we suppose to ask google because Google have the solution of every question we ask, the compendium of solution of our problem is online and i see no reason why we should be needing support from people without performing research, but I'm not saying to ask questions is bad but like make findings first to build up yourself
member
Activity: 966
Merit: 10
Allah is the Greatest
Honestly this is my opinion no body can earn from trading because many people says trading too much easy way to make money but that alternative side that is very difficult way to trade. One thing you must know about how to crypto market have behave? How to read charts , with technically analysis . It's really important for beginners who are enter this market other wise you have face many difficulty about trading. And loose your money.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Maybe or maybe not. It all depends upon your luck.
Luck is not something that just happens out of the blue and the last time I checked no one will be lucky in the crypto realm if that person doesn't have good knowledge of crypto and is also tech savvy.

But you must learn at least the basics of market and trading.
Honestly, crypto trading is just like gambling and it is not meant for everybody. However, the most profitable knowledge in crypto is having knowledge about cryptography and DevOps people with this knowledge will survive in the crypto ecosystem.
sr. member
Activity: 1498
Merit: 443
A beginner that doesn't know anything about the trading and technical analysis, can make money? I heard transaction between some wallets give you a reward!
Hello, this is also what most people come to the crypto world. Always asking the ways to earn money in the crypto world and even in this forum.
Well, here is my opinion:
You may earn money from the crypto world in two basic ways:
- Earning by money
This means that you can earn money in the crypto world by buying coins or tokens in certain exchanges and then you are doing some investment or even trading. Investment and trading may give you some good profits with their own risks actually. But ensure that you have learned and understood at least the basics of trading and investing.
- Earning by almost free (not by oney)
This is done in some ways also:
1. doing bounty campaign. see some ways in this forum
2. Joining referral programs
actually there are some other programs that can earn you money such as airdrop, affiliate, and many others.
just learn about them and choose one or some that you exactly know or fit to you
sr. member
Activity: 958
Merit: 265
Maybe or maybe not. It all depends upon your luck. But you must learn at least the basics of market and trading. This can help you in a safe trading in normal scenarios. Also, the expert opinion also guides you. As far as making money by the transaction between wallets can be possible by mining. If you are a miner you can definitely make money from these transactions.
member
Activity: 686
Merit: 19
Please I'm really a newbie here, I honestly don't have any idea about this Bitcoin mining stuff, please could you help me out with some Lay man explanations. I would really appreciate

It's simply an easy task, ensure you read to what advice you have been given here.
Self learning,observation will be the very first thing you will do in other to gain grounds here.
Focus on growth before tryna get money.
member
Activity: 119
Merit: 46
Well you can start with easy task as airdrop and bounties in this forum to earn and besides you can learn also.
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Not just focus on earning you should more focus on learning. Remeber if you don't know how to the system works you won't get any results from it.
.
Happy Earning  Cheesy
member
Activity: 798
Merit: 34
Every beginner needs to learn,  beginners are beginner  because because they haven't gotten much. For a beginner to earn money in cryptocurrency such person needs to learn.  You can't just start cryptocurrency today and start earning,  it does not work like that. A price must be paid in crytocurrency.  The only way a beginner can earn money is to learn and understand cryptocurrency.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
You don't need to put all your concentration in making money first as beginner , all you need as a beginner is to learn the basics things first. Learning to understand how the crypto market works will bring earnings.
You know very well that learning is the Genesis in the forum, is new and is also curious to earn money so in this particular aspect we have to give him the answer he wants to carry on his life, but basically what you said is on point, at least should have been inquisitive to learn and forget about money for now and focus on the the bitcointalk community activities, for more understanding of bitcoin and other cryptocurrencies, so knowing their movement at first should have been one of the major priority.
legendary
Activity: 2268
Merit: 1655
To the Moon
Please I'm really a newbie here, I honestly don't have any idea about this Bitcoin mining stuff, please could you help me out with some Lay man explanations. I would really appreciate

Games like Play-to-Learn attract not only gamers, but also those who have long grown up for such games. Such games, which are created on the blockchain, allow you to earn income in cryptocurrency. You can withdraw the cryptocurrency earned in this way to your wallet or use it for further investment in the game. On Coinmarketcap you can find an extensive list of Play To EarnTokens: https://coinmarketcap.com/view/play-to-earn/
newbie
Activity: 113
Merit: 0
Trading is not the only way you can earn money and beside trading you need a coach that will put you through before you can start trading and analysis but yon also earn the money through crypto by doing bounty and by doing some mining and join some airdrop.
jr. member
Activity: 54
Merit: 2
Please I'm really a newbie here, I honestly don't have any idea about this Bitcoin mining stuff, please could you help me out with some Lay man explanations. I would really appreciate
legendary
Activity: 2450
Merit: 4415
🔐BitcoinMessage.Tools🔑
Yes, there are other ways to make money other than by trading. You can buy some coins and wait for the price of the Bitcoin to increase and sell them later. It’s called Hodling. In the same way, you can invest in stocks of companies, in bitcoins. The price of bitcoin will increase as the company.

What you have described here is called investing not hodling. You buy assets, stocks, real estate to outperform your inflating national currency, in other words, the goal of you making investments is to gain some profit in fiat currency terms. Similarly, you can buy bitcoin to fight inflation and sell it later when it appreciates in value. It would also be investing. But when you are hodling your bitcoin, you never give it up for the sake of ephemeral temporary profit in fiat terms. In order to hodl Bitcoin properly, you should first learn more about its value proposition, develop a certain mindset, obtain certain confidence in its significance. Naturally, it takes a lot of time to understand how bitcoin functions and why people have been choosing bitcoin as their store of value for more than a decade. But it's worth it.

jr. member
Activity: 46
Merit: 1
Yes, there are other ways to make money other than by trading. You can buy some coins and wait for the price of the Bitcoin to increase and sell them later. It’s called Hodling. In the same way, you can invest in stocks of companies, in bitcoins. The price of bitcoin will increase as the company.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
As for me I think trading is too difficult for newcomers. It is too simple to lose money in crypto market. So before you need to study. Also I think beginners can earn crypto in bounty, aidrops, buying couns and investing in Bitcoin, for example.
trading is the primary function or area were new user can achieve bitcoin, but the only challenges that is there is that if trading is not well learned the chance or possibility for the user to land at negative side here, so that is the reason is nice to have elements of ideas of trading before going into it, you emphasised about airdrop, yes of course it's real that aidrop can enhance to earn bitcoin or any cryptocurrencies but the issue is when to get the rightful information about airdrop of any kind.
newbie
Activity: 24
Merit: 0
I am wondering, why everyone imagines crypto as some kind of company? I saw many times question like "earn money from crypto, how to..."
Crypto(currencies) & Bitcoin are not a big company which pays for various jobs. it seems to me that there is a fundamental misunderstanding here. Crypto (Bitcoin & all currencies) is just a type of digital good that has tradeable and have a certain value.
If we say, earn crypto by trading, yes it's possible, but also it's possible to earn money(or crypto) trading with other things than crypto. The stock market is so big and everyone can trade even with favourite football club shares.
So, trading is not reserved only for crypto.

here is the most basic example. Everyone knows about signature advertising here on the forum, so we can't say that is money "earned from crypto". Money is earned from the company, owner of the campaign. most often the rate on a weekly basis is expressed in dollars, and payment is in crypto/Bitcoin. So, crypto is used here just as a payment method.

Also, watching ads online, faucet earnings (pay per visit) ... are well-known methods in online marketing and have existed for a long time. Using fiat of course. With crypto implemented, it is all much simplified.

Yes mate, you are right! Cryptocurrency is not a company that pays its employees with it. All people live in a world of false illusion that they can earn very much money by trading cryptocurrency; it all depends on knowledge.
full member
Activity: 658
Merit: 158
BTC Rocks
A beginner that doesn't know anything about the trading and technical analysis, can make money? I heard transaction between some wallets give you a reward!
It will be very risky to trade without experience or any technical analysis.Better you should go for bounty hunting or anything else.Because crypto trading is much profitable as well as much risky.
So you should buy top ranked cryptos with higher trading volume.
As you are a beginner in crypto trading I will suggest to have some tips of crypto trading.That will help you a lot.You can take a look in this Article to get 5 tips for trading Cryptocurrencies.
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