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Topic: How a beginner can earn money from the crypto? - page 2. (Read 781 times)

hero member
Activity: 1064
Merit: 501
Hello,
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!
Please share your idea.

Thank you.
No, a beginner can not make money in crypto without knowing the basics of crypto first before divulging into her trading. Trading in crypto requires many technical skills before being perfect. It's not something to rush into without enough experience. The simple way as a beginner to make money in crypto is to invest in Bitcoin or any other altcoins
legendary
Activity: 2450
Merit: 4415
🔐BitcoinMessage.Tools🔑
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.
There is definitely a misunderstanding of how money is earned and even what money is. Usually, people obtain money in exchange for a good or service. This exchange is a mutually agreed and mutually beneficial act. For example, as you said, when participating in a signature campaign, you receive payments in bitcoin for your time, effort, and writing skills dedicated to a company you are advertising. That is a cooperation that is profitable for both participants and the company. Even when you trade on a centralized cryptocurrency exchange, the deals you make are beneficial for both buyer and seller. So, in order to make money off crypto, the only thing you need to do is to offer what you have in exchange for payments in crypto. Simple as that.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
There are a lot of ways to be able to earn money from the crypto world aside from trading. There are airdrop and bounty, bugs bounty, new users who are helping to do a test net (but it's not for a beginner I think). Let's talk about These things. An airdrop is an event held by the projects so you can do some easy tasks from them and get small rewards. Usually, it's done only once. Whereas bounty, is also held by the projects or they delegate it to known bounty managers so you can do some medium difficulty to hard difficulty tasks from them and get various rewards depending on your stakes. Usually, it takes a week or two or even more. Bugs bounty is a more technical task where you can find some lack from their application or system. Sometimes, new projects also have other ways to hold an airdrop like just giving away their coins/tokens to a wallet user with some qualifications that should be fulfilled.
newbie
Activity: 36
Merit: 0
Mining is one way, but it is very expensive and not feasible for everyone.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
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.
legendary
Activity: 2618
Merit: 1181
Investing is easy but what is difficult is how to manage investment in the right and safe way.

A person who has no experience in cryptocurrencies can invest and earn profit but the condition is that all the crypto he buy “bitcoin” is kept in a secure wallet like a hardware wallet and come back after a few years. I strongly believe that someone who is always monitoring price movement, good and bad news about bitcoin or other altcoin will find it a little more difficult to maintain consistency in holding their bitcoin assets in the long term compared to those who don't really care about volatility.
legendary
Activity: 2268
Merit: 1655
To the Moon
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.

I am not an expert by any means, but my opinion is that trading cryptocurrencies is difficult for most people to begin with. You are dealing with an entirely new market and it's complicated to get your head around. But the whole industry is so new that it is easy to confuse everything and everyone with various levels of knowledge. Most of these people don't have a clue how to trade or invest at all...

Sooner or later, everyone who is interested in cryptocurrency will look for an opportunity to earn it and will definitely engage in trading. The main thing is that by this point you have gained enough knowledge about the basics of trading and the risks that are associated with it. Otherwise you will lose your money.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
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.

I am not an expert by any means, but my opinion is that trading cryptocurrencies is difficult for most people to begin with. You are dealing with an entirely new market and it's complicated to get your head around. But the whole industry is so new that it is easy to confuse everything and everyone with various levels of knowledge. Most of these people don't have a clue how to trade or invest at all.

Instead, I like to describe cryptocurrency as a curiosity. While it's definitely attractive as a financial investment, the current price volatility is unpleasant for newbies. The very things that make cryptocurrency attractive for some people are the very things that make it unattractive to the average investor.
jr. member
Activity: 119
Merit: 1
Im begginner also,while im reading,yes i'm hoping i  someday  and more reading ,studying and understanding to persue,for CRYPTOCURRENCY.Learning here and updated what's going on,in the universal situations for,in this converstion i considered i learn a lot ,not just to earn MONEY,i want more studying about cryptocurrency so i share also to my friends and family while im learning and earning.Thanks Everyone.
newbie
Activity: 1
Merit: 0
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.
legendary
Activity: 1554
Merit: 1139
~snipe~
It's been a while I noticed a beginner to create threads and actually follow them in detail like your doing. It's a good 9ne and to some extent projects your interest as to your curiosity. Its a good one, I must commend.

Before I saw anything, it's important that you know that, your ideas is what you trade and earn money online of which, the crypto space has availed us with a lot of these.

Some of the opportunities on the forum ranges from signature designs, art contests, creation of Ann threads and more. Mind you, in your bid to earn yourself a fortune, be mindful of what you do and never be in haste towards opportunities. Carefully evaluate it to be safe before digging in.
copper member
Activity: 69
Merit: 49
cloak.su
There are a lot of ways you can earn cryptocurrency as a beginner, such as:

Earn from faucets (inefficient but free)
Get invested in the community here and join signature campaigns
Mine cryptocurrency
Do surveys online
etc...
sr. member
Activity: 1372
Merit: 275
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 true bro, Because if beginners who want to get to know cryptocurrency are only obsessed with getting money the easy way, of course they will be very easy to give up if later what they get does not match the expectations they, I think it's better for beginners to be patient and continue to learn every details about what and how we can get money, I think all of us here must have experienced bad times at the beginning of knowing cryptocurrency and of course over time we can take advantage of every loophole that exists to be able to make money in the world of cryptocurrency.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
Nope, not yet. It is slow indeed in my end, but I do not mind since this is just like an icing on the cake for me anyway. I might even forgot that I am over the minimum credits for cashout one day. Cheesy

CD is available in my country, but the CD server seems to be full at all times and I am always stuck in queue. It is okay though.

I live in a third world country, so I am not that surprised that it is not in-demand just yet. As of writing this, I still own 6200 credits.  Cheesy

Don't sweat it. That's the point of those apps; just setup and forget! Grin

Focus on bringing in referrals so they do the job for you.
sr. member
Activity: 1610
Merit: 264
~
Nope, not yet. It is slow indeed in my end, but I do not mind since this is just like an icing on the cake for me anyway. I might even forgot that I am over the minimum credits for cashout one day. Cheesy

CD is available in my country, but the CD server seems to be full at all times and I am always stuck in queue. It is okay though.

I live in a third world country, so I am not that surprised that it is not in-demand just yet. As of writing this, I still own 6200 credits.  Cheesy
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
You want to earn money, kindly invest as a beginner, who knows where bitcoin might head to in the next bull run? there are plenty of opportunities in cryptocurrency.
You can also work for someone and earn if you have skilled like logo design, website design and web developer, work as a software developer and crypto platform development especially now that we have decentralized finance trying to protect users investment and income.
hero member
Activity: 1050
Merit: 592
God is great
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.
legendary
Activity: 1372
Merit: 2017
If you know nothing about money then simply invest and hold for long term bitcoin only.The technical and fundamental analysis sometimes don't even work for experts of the market or experienced traders also so on the counter part if you don't have have any prerequisite knowledge of the highly risky and volatile crypto market then making money is hard not impossible.So learn about market first and then enter it.

I was going to recommend this to him. There are several ways that have been mentioned, but if he is just starting out and have money, best to buy Bitcoin and forget about it. Or better yet, make an initial purchase with a lump sum and then add what he can weekly or monthly. That strategy has proven to be extremely profitable to this day, and with less headaches than trading.

Although it is best for him to seek out information for himself before deciding to go for it. Don't do it just because we recommend it in a forum.

hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10

Nice!
Actually I have that HoneyGain installed to my mobile phone and desktop PC as well. I got free $5 credits when I first registered there. Too bad I cannot enter the "Content Delivery Server from my PC, because it is always full and I was always in queue. Heard that they would expand the server capacity soon, but hey who knows. Cheesy

Managed to get your first cashout? That thing alone can be quite slow, even with the daily credits which are so meager. :p

Do you mean CD is still unavailable in your country? I'm pretty sure they are slowly expanding but usually first world countries enjoy the advantage due to the quality/ demand.

Even if a country supports CD, it would be be disabled or remain in queue if the PC isn't powered on constantly (e.g. at least several hours of uptime). So you might want to check that out
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
Hello,
Thank you all.
What is the difference between the fundamental analysis and technical analysis?
There may be a generally acceptable definitions of the two; but I'll share how I understood them;
When we talk about Fundamental analysis; we talk about the overall nature, importance, value and economics behind that particular coin. Maybe we can fundamentally analyse Xrp and doge thus;
Xrp processes transaction very fast;
Doge is a Meme coin hyped by Elon Musk.

Then Technical analysis does with the action of the coin in the market. Maybe doge rises every 2days after Musk tweets about it and drops when the retwites hits 20k. Anyone using this as an analysis is a Technical analyst.
For a better analysis, one leads both type of analysis.
Thanks!
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