Topic: How to make money off cryptocurrency? - page 8. (Read 1575 times)
the world of cryptocurrency can not be considered easy for everyone, because the management in the transaction must be done with care and full consideration. which should be noticed is the price movement that is in bitcoin. with that price movement we can buy and resell it. from where we can get big profits.
i am new one in crypto world ,but I like invest cryptocurrency explain this how to invest
The only way to earn bitcoins is buying through exchanges there a lot of bitcoin exchanges on the internet i suggest to use google but simce you are a newbie, and if you are in US, you should buy bitcoins on coinbase or if you are in another other than US, you should buy bitcoins on CEX.io, Poloniex, Kraken, and bittrex (bittrex needs verify ypur identity first before you can withdraw bitcoins to you wallet) any ways i hope that i gave you much info regarding to your question good luck. 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.
It is our mistake we need to read the terms and conditions before ticking that tick box.But these kinds ofproblems hardly occurs if they keep huge amount of bitcoin in their exchange wallet but I don't think anyone who keep that much amount of bitcoin into that wallet anymore.But it is better to use decentralized exchanges,but I always use localbitcoin.com when converting into fiat but I never convert it into big money into my account.What we need to use is we need to convert not big amount of money at a time to save from freezing account. 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.
There is a huge amount of earnings on crypto currency, but I recommend newcomers to investing which will guarantee profits monthly.
Ways to earn a lot, for example I was engaged in prey first, it did not turn out badly for the first months and my income grew and grew, I was satisfied and right now, I also remain content with continuing to do this
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.
This is very very true. It is uneasy to make money from trading if you don't speculate well. Many people tend to loose money from trading than getting 
Well a decentralized exchange is the way to go if you are so paranoid for for your money.
In crypto is engaging to risk. This is not all about money but also experience. Making money here is by joining in signature campaign and others. Dont let your mind troubled, know that risky is always there.
Accourding to my opinion, Only 4 steps you have to follow carefully. 1. Invest some money in bitcoin investment. 2. Invest your bitcoin in exchange market place. 3. Notice the bitcoin prices market. 4. Sell your bitcoin when price goes up and Buy again when price goes down.
Binance is a great exchange, so Binance doesn't have problems.
Those who make money in the cryptocurrency market are always those who hold it for a long time.
Those who make money in the cryptocurrency market are always those who hold it for a long time.
Those who make most of it are exchanges that charges small fee for trading
Be honest
Only 5% traders can make money buy their talent! The remain they earn money by luck, and the rest lose money 
It's kind of art from making money LoL
It's kind of art from making money LoL
Binance is a great exchange, so Binance doesn't have problems.
Those who make money in the cryptocurrency market are always those who hold it for a long time.
Those who make money in the cryptocurrency market are always those who hold it for a long time.
Always teat an exchange by making a small deposit that you willing to lose. Then only add more. Also check the withdraw limits and things like that before depositing.
Btw asking for KYC does not mean anything. It does not make it legit. It does not protect you either. All you doing is giving a stranger your details so they don't basically steal from you.
Btw asking for KYC does not mean anything. It does not make it legit. It does not protect you either. All you doing is giving a stranger your details so they don't basically steal from you.
It is not easy to make money of cryptocurrency.
Buying at a low price and selling at a higher price can make you good profits.
Buying at a low price and selling at a higher price can make you good profits.
This is easier said than done as you will always end up double questioning yourself if you've made the right move. Plus technical analysis can't help you much it can give you some good indicators but still. When there are pumps and dumps happening it's hard to know highs and lows of the price per day. I've been reading about some trading bots as well but I am not sure if they can even use volatility in that matter to gain mass profits.
It is not easy to make money of cryptocurrency.
Buying at a low price and selling at a higher price can make you good profits.
Buying at a low price and selling at a higher price can make you good profits.
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.
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.
First of trading is not an easy game to play you can profit but can also lose money. Exchanges get hacked you got to live in this reality and thus should trade portions on exchanges, at least this is what I do to minimize my risks. Many people simply go there and buy some altcoin and hold it than simply trading and trying to make a profit out of markets volatility, because it is easier and if you choose the right one you could look at profits like 5x and way more, this is why ICOs are somewhat popular nowadays.
But because many people hear the stories of people becoming millionaires they think it is easy, it was hard to buy back few years like 5+ and simply wait for bitcoin to hit higher and higher as most of the people sold or lost their coins since they haven't cared much about how will it will be worth in the future. It is not easy to flip money on exchanges but not impossible if you know how to look at price movements and notice pumps that are happening like everyday.
Other ways to earn would be betting, casinos (I mean exchanges and buying coins is somewhat a gamble and exchanges are casinos). Offer your skills for crypto etc.
Op is complaining about exchanges, but exchanges are innocent. I've used a dozen for the past 5 years without an issue.
You have been very lucky or very careful. Here is a partial list of sites that have been hacked or have lost (or stolen) customer money in the last 5 years:
Bithumb
Coincheck
NiceHash
BTC-e
Bitfinex
Gatecoin
ShapeShift
Cointrader
Bitstamp
Bter
Exco.in
Kipcoin
796
Cavirtex
Mintpal
Cryptsy
CryptoRush
Inputs.io
Mt.gox
PicoStocks
Op is complaining about exchanges, but exchanges are innocent. I've used a dozen for the past 5 years without an issue.
The problem is that some people are trying to make money off cryptocurrency. Don't try to make money off cryptocurrency, and everything will be fine.
The problem is that some people are trying to make money off cryptocurrency. Don't try to make money off cryptocurrency, and everything will be fine.
You seriously need to think several times before you jump into crypto. You need to learn what is crypto first.
bad things happening to some exchanges but stuff like that always happens. I mean in real life banks get robbed everyday and scammers always trying to get in your digital accounts but thats part of life. It does not mean most exchanges are scammers. Keep your coins in your desktop wallets or even a Nano S, seek the most reliable exchanges and when the price is right trade. 
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