How to make money off cryptocurrency? - page 2.

ZzV1Finn

full member

Activity: 345

Merit: 100

Quote from: WhyAmIAroundHere? on February 04, 2018, 12:43:53 PM

I have been reading about exchanging sites. all of them have people who lost their money due to hacks, or investors got their accounts closed, frozen (Coindesk) without proper explanations, usually exchange sites let them deposit money, but they don't let them withdraw their money.

Kraken(some review sites list this is as one of the best exchange site, what a joke) is also a shit hole, the same thing, money and coins missing, buggy laggy website, no customer support.

How do you make money of cryptocurrency when the exchange sites are predators to hunt people's money? Decentralized trade sites maybe? If I read positive reviews about these centralized exchange sites , they doesn't seem genuine at all, most of the time, it looks like someone ordered them from Fiverr. Binance, Bitfinex with the Tether fiasco, Coinmama.... All of them looks like scummy attempt to get your money.

Well, by the way, here's a reminder I just decided to start investing in the crypt, so I missed the same drop below 2000 dollars. But at least I didn't miss the next one. Roll Eyes

Camilla Gill

newbie

Activity: 22

Merit: 0

Trading crypto currencies is a brilliant way to make money, however, it isn't as simple as many portray it to be. Each type of currency having several different underlying factors which affect it. Bitcoin has certainly been the most successful one, but that's mainly because of its wide acceptance. Especially if you go on to shop anything out on the dark web, you'll wonder if bitcoin is greater than USD.
Firstly, you must be a great forex trader, learn the technical analysis involved in trading forex and using those you must find a strategy by back testing various indicators on the crypto currencies charts. Despite having enormous passion towards trading, I do not trade cryptos due to a constant fear of unreliable crashes. Stick to one, keep observing the chart and using simple support and resistances too, you should be able to make some good money.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

It isn't easy to make money in Crypto. You need to have a good knowledge of the markets, the projects you want to trade or invest in and a lot of luck as this market is very much manipulated both by whales and pump and dump groups from telegram and Twitter. I really find it hard myself, even day trading to be honest so decided just to stay with a few good projects that show promise for long-term holding for when the bull market someday happens. You can also do bounty tasks from he bounty section but there is never a guarantee that you will get paid for your work or the tokens you receive will have any real value, especially if they never hit an exchange.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: Aalase on October 06, 2018, 11:17:29 PM

i think you can make money by trading. but it's really hard , more than you think bro. but anyway. good luck

I think this is the most honest post I've seen today. A lot of people said that earning money from cryptocurrency is easy but it is not really easy, it is hard to be honest. Cryptos are so volatile so you always need to be able to adapt on the changes that is happening.

If you can't take or adapt on the changes, you will either lose a lot of money or either make a bad judgement to investing on cryptos. Even if it is hard, a lot of people made a lot of profits from now so I think it is worth a wait.

Minhxx

jr. member

Activity: 412

Merit: 3

You now have many ways to make money online
You can load usd and exchange on the trading floor
You can join the online casinos exchanged with bitcoin
You can join the bonuses to get tokens and sell them off bitcoin

Aalase

copper member

Activity: 24

Merit: 0

i think you can make money by trading. but it's really hard , more than you think bro. but anyway. good luck

rext

full member

Activity: 378

Merit: 100

Quote from: WhyAmIAroundHere? on February 04, 2018, 12:43:53 PM

I have been reading about exchanging sites. all of them have people who lost their money due to hacks, or investors got their accounts closed, frozen (Coindesk) without proper explanations, usually exchange sites let them deposit money, but they don't let them withdraw their money.

Kraken(some review sites list this is as one of the best exchange site, what a joke) is also a shit hole, the same thing, money and coins missing, buggy laggy website, no customer support.

How do you make money of cryptocurrency when the exchange sites are predators to hunt people's money? Decentralized trade sites maybe? If I read positive reviews about these centralized exchange sites , they doesn't seem genuine at all, most of the time, it looks like someone ordered them from Fiverr. Binance, Bitfinex with the Tether fiasco, Coinmama.... All of them looks like scummy attempt to get your money.

Most retailers often adopt a HODL strategy, a strategy of keeping a potential coin and waiting for a long-term growth. However, there are other monetization strategies that investors still overlook. It is Passive Income. There are several different types of electronic funds that currently offer dividends or payments of 5-10% per annum. These payments are paid in electronic currency, based on the growth of the currency over time.

HarleyQuinn9876

full member

Activity: 209

Merit: 100

There are many ways to check your money from virtual currency. Most people make money by translating. You should learn a variety of ways to make money and choose a way that suits you. You should not participate in many ways, the results will not be high, profits will not be much

fuer44

sr. member

Activity: 1652

Merit: 262

Minning, but it needs expensive hardware to support the running of the Minning process and also a large electricity cost. trading, which also requires that you have the capital to deposit in advance and wait for prices to rise and take profits from there. the last is bounty and airdrop, allowing you to get crypto by not spending big capital. you only work and wait, and sometimes wait for a long time.

mmo4me.2016

sr. member

Activity: 812

Merit: 256

You can make money by trading with all info about this! Join the Bounty and Airdrop projects well and have more chances of success!

ngm22585

jr. member

Activity: 84

Merit: 1

Quote from: Izanamiki on September 29, 2018, 02:16:03 AM

hard than you think man. the truth all trader fail and most money. you need some lucky when doing this thing

This is false, and barely even makes any sense.

raden1922

jr. member

Activity: 294

Merit: 1

Colletrix-Bridging the Physical and Virtual Worlds

There are ways and strategies to get money on cryptocurrency, one of them is by trading. Although that also has risks and certainly requires considerable capital. or you also take part in a bounty campaign, by spending your time working on campaign tasks.

NorihiroName

full member

Activity: 420

Merit: 101

Don't create additional fears for yourself, better act. Do the action. Action will give you experience, and there are no other ways how you can get it.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Natnat213 on October 06, 2018, 10:17:24 AM

There are many ways to make money from it. But mining is the best way that is profitable for us and gets what you want.

Mining isn't for everyone.

However, if you really want to push through mining you have many choice if you can't mine bitcoin or you can't avail an ASIC. You still have an option to mine using your GPU w/ various altcoins. If electricity isn't too expensive in your hometown then you can start your own rig or even a farm if you have the capacity.

kentrolla

hero member

Activity: 1652

Merit: 569

Catalog Websites

Quote from: waitforme on October 06, 2018, 03:11:22 PM

There are many ways to earn Altcoins, there are many sites that allow Altcoins free, but you need to do some work on demand. Some of the jobs posted on this forum are also paid for by Bitcoin or Ethereum so many of these can own Altcoins.

Yes the services section is a boon for us because we can earn a good amount of money by offering our services in exchange of bitcoin, altcoins or tokens and I know it will be bit difficult initially to find a project or work but it is not impossible and moreover these will dot be taxable income.

feehannah

jr. member

Activity: 192

Merit: 3

At this time there are so many ways on how to earn money through cryptocurrency. There is bounty campaign,trading,collecting small amount of Satoshi through faucets for free,type captcha to get paid,through talents or capability in different kinds of works,or you can buy coins in a lower price and sell it in a higher price. It's up to you how do want to earn? All you need is to work hard and put some of your times doing in cryptocurrency.

waitforme

full member

Activity: 618

Merit: 100

BBOD The Best Derivatives Exchange

There are many ways to earn Altcoins, there are many sites that allow Altcoins free, but you need to do some work on demand. Some of the jobs posted on this forum are also paid for by Bitcoin or Ethereum so many of these can own Altcoins.

ekateriinae

member

Activity: 182

Merit: 11

Try as hard as you can!

Quote from: LieTOme on October 06, 2018, 02:45:29 PM

Quote from: odolvlobo on February 15, 2018, 12:00:42 AM

It might be harder than you think. You assume that you can make money by trading. The reality is that most traders lose money, or at least they make less money than by just holding and not trading.

trading is the easiest investment in its use buying and selling at a favorable price from the purchase price requires confidence and patience and of course capital to buy, following the ICO bounty is also one of the investment strategies

Most of we here doing the same thing. We do some bounty campaign depend on time we have. When I feel free I look free some tokens to trade. I alway finding a undervalued tokens as they are many of tokens that are undervalued currently now.

snaper14

member

Activity: 243

Merit: 10

yeah there are many scams going on in the crypto and unfourtunately you have no where to address your concerns or any other requests if something happens, I prefer always to use the biggest exchanges like binance and bitrex but if something happens to them as well I guess all the crypto would face a really down trend.

LieTOme

sr. member

Activity: 658

Merit: 250

Quote from: odolvlobo on February 15, 2018, 12:00:42 AM

It might be harder than you think. You assume that you can make money by trading. The reality is that most traders lose money, or at least they make less money than by just holding and not trading.

trading is the easiest investment in its use buying and selling at a favorable price from the purchase price requires confidence and patience and of course capital to buy, following the ICO bounty is also one of the investment strategies

Topic: How to make money off cryptocurrency? - page 2. (Read 1575 times)