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Topic: How does one start on crypto? - page 8. (Read 2554 times)

hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
October 09, 2021, 05:20:43 PM
#85
I would looking into staking stablecoins as a starting point. Stablecoins are assets that are typically pegged to some other currency or commodity. For example USDC is a token which matches the US dollar 1:1. There are many reliable places in the crypto space which pay a high APY, much better than leaving that money in a bank account in my opinion.
It is true that staking those stable coins are much better than to just save them on the bank. But don't be misled about saying "high APY" because for stable coins, they're not really that much but they are realistic. But since you're going to deposit that to a centralized exchange or service for the staking, you still don't have the ownership of it while it's being staked so the risk is quite high if that's what you're going to do with your stable coins.
newbie
Activity: 20
Merit: 1
October 09, 2021, 09:26:18 AM
#84
The Crypto world is expanding daily and becoming deeper and complex than when it began
Nevertheless, you have to start your crypto dealings from the very simple steps

Here are some of them

1. Sign up with exchange platforms like Binance, Coinbase, crypto.com, etc
2. Buy any crypto asset you are interested in
3. You should first search the internet for some projects and decide on which crypto to buy and hold
4. You can read about ICOs
5. You can use your computer to start mining
6. You can also trade cryptos on exchange platforms
7. You can peer-to-peer trading of USDT at a profitable price to buyers on exchanges and off exchanges
8. You can also stake the cryptos you bought and earn additional percentage profit
9. You can also earn from Non-Fungible Tokens (NFTs)

These are few i can discuss at this time......I will edit this post later to add more opportunities as they come to mind
Have a beautiful and profitable experience as you explore any of these media
member
Activity: 798
Merit: 34
October 08, 2021, 08:59:07 AM
#83
Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.

Before you go into cryptocurrency you need need to understand what cryptocurrency is all about , the benefits, challenges and how it works and other more, get sound knowledge about cryptocurrency. Get in the back of your mind that cryptocurrency does not make one rich and it's not something you can depend as a source of income. When you invest into cryptocurrency it will help you from financial stress.
jr. member
Activity: 41
Merit: 1
October 03, 2021, 11:41:46 PM
#82
I would looking into staking stablecoins as a starting point. Stablecoins are assets that are typically pegged to some other currency or commodity. For example USDC is a token which matches the US dollar 1:1. There are many reliable places in the crypto space which pay a high APY, much better than leaving that money in a bank account in my opinion.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
October 02, 2021, 07:26:37 PM
#81
As you said it has brought income, I myself used to participate in searching for airdrops but now that work is not my priority in this market because there are so many ways for me to make money instead of wasting time with airdrops, it still generates income and don't despise small airdrops.
It does generate income but for those good projects only and it's not always there to give for those airdrop participants. But if you're prioritizing the market and you have means of making money through it in a legal aspect and you're very profitable from it you just have to keep going.
The truth about airdrops, there are airdrops like the AXS airdrop from Axie Infinity that has given a huge chunk for the early founding members and participating in these airdrops are very rare and you'll not know if the project you're in has something surprising to do in the future.
legendary
Activity: 2702
Merit: 1220
October 02, 2021, 07:53:56 AM
#80

Actually this should be the mindset need to bring by newbies and since they are starting up they shouldn't invest rush to earn immediately since for sure they will end up being scam by those people which they think can help them earn money. And its good to start with free and the options given by @fivestar4evermvp is right is good to start but it takes time before you can see earn on those things. Also you can invest time to read more articles and to became knowledgeable on crypto since if you are well educated about it for sure you will earn from various task around especially if we talk about trading where technical skills are so important.


One thing we all need to avoid is crypto signals they lure in people saying that they will them rich overnight while there own (crypto signal group owner)  bread and butter is dependent on your 20 to 30$ per week. If they are that much capable then why they dong a job that's giving them 20 to 30$per week. Ever heard Warren Buffet or alike providing such services in there domain?
Everyone is hurry in investing and earning profit but not very much are willing to invest time and energy in understanding the crypto market and crypto trading, and that's the primary reason why majority fails in crypto trading.

I've been on so many paid or not paid signals before but all of them is really not worthy in the long run since we cannot assure to gain since those coach wanna be are just provably predicting the outcome of the market that's why for other new guys who's thinking about availing a paid signal service better to back of since this is one of scam attempt made by scammers. Better train ourself to learn about doing some technical analysis and most importantly reading the chart since for sure this is helpful to us if to do a better trades.
full member
Activity: 785
Merit: 105
October 02, 2021, 03:33:27 AM
#79
snip

But actually in some other cases airdrop is somehow profitable since there are some projects gives a lot of money to their early supporter and I see a lot of people still earns  with this even by now especially NFT is now in huge hype. But you will also spend a lot of time researching, writing on the form and scanning which project is scam and if you can do this for sure you can spot 1 or more that can give you decent amount of money.
As you said it has brought income, I myself used to participate in searching for airdrops but now that work is not my priority in this market because there are so many ways for me to make money instead of wasting time with airdrops, it still generates income and don't despise small airdrops.
sr. member
Activity: 1274
Merit: 265
October 02, 2021, 02:42:46 AM
#78

Actually this should be the mindset need to bring by newbies and since they are starting up they shouldn't invest rush to earn immediately since for sure they will end up being scam by those people which they think can help them earn money. And its good to start with free and the options given by @fivestar4evermvp is right is good to start but it takes time before you can see earn on those things. Also you can invest time to read more articles and to became knowledgeable on crypto since if you are well educated about it for sure you will earn from various task around especially if we talk about trading where technical skills are so important.


One thing we all need to avoid is crypto signals they lure in people saying that they will them rich overnight while there own (crypto signal group owner)  bread and butter is dependent on your 20 to 30$ per week. If they are that much capable then why they dong a job that's giving them 20 to 30$per week. Ever heard Warren Buffet or alike providing such services in there domain?
Everyone is hurry in investing and earning profit but not very much are willing to invest time and energy in understanding the crypto market and crypto trading, and that's the primary reason why majority fails in crypto trading.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
October 01, 2021, 06:15:10 PM
#77
We all see there are many ways to approach it. And after doing enough research to make us understand it better, will also give us better ways to make money.
There will be nothing sustainable here, simply they are in the same field and exploiting and taking advantage of what close friends learn to achieve new goals is the way that I think many people have tried to do in this market.
There are sustainable things in cryptocurrencies and that's why you are doing your research to know what are those projects that can be sustained.
And what are those that can't be sustained in the long run. Someone who's resourceful will get to see the comparison of different projects and will decide if he'll go with the short term or long term projects that he's serious about as the result of his research.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
October 01, 2021, 12:37:54 PM
#76
Crypto is not a quick get rich scheme and don't base your daily or monthly expenses on crypto cause you might be surprised that you might end up crying like a baby if things do not go the way you've planned it. Market moves is a to and fro manner like upward and downward movement in a zig zag way, not allowing people to easily predict the market price. Stay away from cryptocurrency market if your plans is to cover your expenses by investing in cryptocurrency.
Risks is involved...just a hint!
legendary
Activity: 2702
Merit: 1220
October 01, 2021, 06:58:31 AM
#75
To start generating income in this field, the first thing you need to do is prepare the basics, dyor.
And I see there's a lot of ways to make money, and it's going to depend on how much you have access to it.
Quote
Buy and Hold coin
Earn Crypto Dividends
Stake coin/token
Trade Crypto
Join to receive Airdrop
Working for Crypto companies
Arbitrage with Cryptocurrencies
Perform the task of receiving Bounty from Crypto projects
Participate in trading contests
Cryptocurrency Faucet
And those are some ways to increase your income when participating in the cryptocurrency market. Hope the above ways to make money from electronics have helped you answer the question whether it is possible to make money with crypto.
The cryptocurrency market is diverse and constantly evolving, so take advantage of different and suitable ways to increase your account many times.
I want to earn with dividends and staking but I don't think that I can make it profitable as much as I want because it is requiring a big capital to have a decent profit. In airdrops, it's hard to predict what are the projects that are going to give that much profit. Like in Axie Infinity, they've given an airdrop just today to their founding members that have registered on October 26, 2020, backward. A huge airdrop was given to most of them, lucky people who are finding good projects at the early stage.

But actually in some other cases airdrop is somehow profitable since there are some projects gives a lot of money to their early supporter and I see a lot of people still earns  with this even by now especially NFT is now in huge hype. But you will also spend a lot of time researching, writing on the form and scanning which project is scam and if you can do this for sure you can spot 1 or more that can give you decent amount of money.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
October 01, 2021, 12:21:51 AM
#74
Those ways can be the way for every new crypto person to start work and earn coins. They need to select one or two and focus on that field until they can earn much and then expand the other way to earn more. It will need time to do, but that is worth it because if you can get the right way for you, you will profit in the future. But you need to be patient because it will be a long journey that never seems to end.
We all see there are many ways to approach it. And after doing enough research to make us understand it better, will also give us better ways to make money.
There will be nothing sustainable here, simply they are in the same field and exploiting and taking advantage of what close friends learn to achieve new goals is the way that I think many people have tried to do in this market.
Indeed. As long as they still research to find what will work for them, they will get a good result in the future. The important is do not to give up if we can not get the result now because that is just a delay for us and if we can research for more, someday, we will have a chance to reach what we want.

Asking a friend about something that we do not know is good, but we still need to search for more information that will be useful to us.
full member
Activity: 785
Merit: 105
September 30, 2021, 11:38:00 PM
#73
Those ways can be the way for every new crypto person to start work and earn coins. They need to select one or two and focus on that field until they can earn much and then expand the other way to earn more. It will need time to do, but that is worth it because if you can get the right way for you, you will profit in the future. But you need to be patient because it will be a long journey that never seems to end.
I want to earn with dividends and staking but I don't think that I can make it profitable as much as I want because it is requiring a big capital to have a decent profit. In airdrops, it's hard to predict what are the projects that are going to give that much profit. Like in Axie Infinity, they've given an airdrop just today to their founding members that have registered on October 26, 2020, backward. A huge airdrop was given to most of them, lucky people who are finding good projects at the early stage.
We all see there are many ways to approach it. And after doing enough research to make us understand it better, will also give us better ways to make money.
There will be nothing sustainable here, simply they are in the same field and exploiting and taking advantage of what close friends learn to achieve new goals is the way that I think many people have tried to do in this market.
sr. member
Activity: 1302
Merit: 252
Sugars.zone | DatingFi - Earn for Posting
September 30, 2021, 10:50:18 PM
#72
There are many ways to get started in this field, and I think you should start with how you approached it.
You know where it came from and why are you interested in it Smiley , maybe you are seeing a profit opportunity in this field but don't know how to get started with it.
Personally, I find it not difficult for a newbie to access and to fulfill your purposes. Try to learn the basics, and then start doing research on things with understanding. I see project marketing programs often offer funds and if you can afford it's all yours. Simply do everything you want, don't make things difficult.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
September 30, 2021, 05:40:16 PM
#71
To start generating income in this field, the first thing you need to do is prepare the basics, dyor.
And I see there's a lot of ways to make money, and it's going to depend on how much you have access to it.
Quote
Buy and Hold coin
Earn Crypto Dividends
Stake coin/token
Trade Crypto
Join to receive Airdrop
Working for Crypto companies
Arbitrage with Cryptocurrencies
Perform the task of receiving Bounty from Crypto projects
Participate in trading contests
Cryptocurrency Faucet
And those are some ways to increase your income when participating in the cryptocurrency market. Hope the above ways to make money from electronics have helped you answer the question whether it is possible to make money with crypto.
The cryptocurrency market is diverse and constantly evolving, so take advantage of different and suitable ways to increase your account many times.
I want to earn with dividends and staking but I don't think that I can make it profitable as much as I want because it is requiring a big capital to have a decent profit. In airdrops, it's hard to predict what are the projects that are going to give that much profit. Like in Axie Infinity, they've given an airdrop just today to their founding members that have registered on October 26, 2020, backward. A huge airdrop was given to most of them, lucky people who are finding good projects at the early stage.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
September 30, 2021, 09:33:54 AM
#70
To start generating income in this field, the first thing you need to do is prepare the basics, dyor.
And I see there's a lot of ways to make money, and it's going to depend on how much you have access to it.
Quote
Buy and Hold coin
Earn Crypto Dividends
Stake coin/token
Trade Crypto
Join to receive Airdrop
Working for Crypto companies
Arbitrage with Cryptocurrencies
Perform the task of receiving Bounty from Crypto projects
Participate in trading contests
Cryptocurrency Faucet
And those are some ways to increase your income when participating in the cryptocurrency market. Hope the above ways to make money from electronics have helped you answer the question whether it is possible to make money with crypto.
The cryptocurrency market is diverse and constantly evolving, so take advantage of different and suitable ways to increase your account many times.
Those ways can be the way for every new crypto person to start work and earn coins. They need to select one or two and focus on that field until they can earn much and then expand the other way to earn more. It will need time to do, but that is worth it because if you can get the right way for you, you will profit in the future. But you need to be patient because it will be a long journey that never seems to end.
full member
Activity: 785
Merit: 105
September 30, 2021, 12:48:57 AM
#69
To start generating income in this field, the first thing you need to do is prepare the basics, dyor.
And I see there's a lot of ways to make money, and it's going to depend on how much you have access to it.
Quote
Buy and Hold coin
Earn Crypto Dividends
Stake coin/token
Trade Crypto
Join to receive Airdrop
Working for Crypto companies
Arbitrage with Cryptocurrencies
Perform the task of receiving Bounty from Crypto projects
Participate in trading contests
Cryptocurrency Faucet
And those are some ways to increase your income when participating in the cryptocurrency market. Hope the above ways to make money from electronics have helped you answer the question whether it is possible to make money with crypto.
The cryptocurrency market is diverse and constantly evolving, so take advantage of different and suitable ways to increase your account many times.
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
September 29, 2021, 11:13:00 PM
#68
Recognize certain risks that may occur, deeper insight can avoid certain risks, which sometimes occur due to lack of knowledge about crypto. Well, the point is not to be satisfied with just one or two things that are learned or deepened, there are many things that can be learned so that you can explore certain profits and avoid things that are detrimental.

Newbie mistake is they rush thing since they think to earn immediately once they invest on the platform or buy and didn't miss the train on trading as they are so hype then get FOMO on the coins which already pumping up so hard. That's why before stepping in proper research is good to have and don't listen immediately to those people who offer you a good profit since we don't know their intention and might we will put at risk.

Yeah most new people only rushing to put their money on hype crypto coin/token, like while ago many people hype to invest on DOGE cause it's performed so well cause Elon Musk tweet something about it also not only the one who just join crypto space but the one who have experience in this space couldnt control their greedy and FOMO when something hype happening. It's wise if u have a friend who expert in crypto space to guide you while u learning
hero member
Activity: 2506
Merit: 782
September 29, 2021, 07:15:31 PM
#67
Recognize certain risks that may occur, deeper insight can avoid certain risks, which sometimes occur due to lack of knowledge about crypto. Well, the point is not to be satisfied with just one or two things that are learned or deepened, there are many things that can be learned so that you can explore certain profits and avoid things that are detrimental.

Newbie mistake is they rush thing since they think to earn immediately once they invest on the platform or buy and didn't miss the train on trading as they are so hype then get FOMO on the coins which already pumping up so hard. That's why before stepping in proper research is good to have and don't listen immediately to those people who offer you a good profit since we don't know their intention and might we will put at risk.
sr. member
Activity: 924
Merit: 255
September 28, 2021, 10:04:18 PM
#66
Recognize certain risks that may occur, deeper insight can avoid certain risks, which sometimes occur due to lack of knowledge about crypto. Well, the point is not to be satisfied with just one or two things that are learned or deepened, there are many things that can be learned so that you can explore certain profits and avoid things that are detrimental.
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