I think, making money in general is not easy. You need to understand and know the principles of making money and what are the do's and don'ts of making money. These principles cut across every aspect and path of making money. Nothing is smoother in the process of making money let alone making money in the cryptocurrency ecosystem.
You're right especially this time of pandemic hits in our society, it's really affects the people around the world. A lot of people lost their jobs. In cryptocurrency, it's not easy compare others that have zero knowledge about it. New projects continue to struggles over the past years. Scammers don't stop making repetitive projects and plagiarism to the old dead projects. Its hard to find real projects that are true to promises and project team that committed to do their best. I don't expect to earn big money in just one hit. I just try to do my best and be wiser every single day. 
Topic: It is not easy to make money in cryptocurrency - page 29. (Read 10362 times)
Looking on how people got rich from uniswap airdrop (some guy received about 2 millions us dollars), making money in crypto might seem easy. But in reality, it is a complicated combination of luck, research, skills and “flair”.
Only few have all set of this components, other only believe they have all.
To be honest, its all about luck. Look at how many air drops take place daily and on extreme rare occasion only one of them are good while the rest are shit. Its like if you start collecting thousands of airdrops for like years, you will get only one or two that are worth something while the rest are crap.Only few have all set of this components, other only believe they have all.
True doing some research you might get lucky, but honestly, its not worth the time you will be spending over there.
I've dropped participating in airdrops probably 2 years ago (like really participating, searching and joining in 20-30 drops a day). I never counted airdrops as a source of money at all.
I will rephrase topic name - "it is not easy to make money in crypto, but it is easy to get beer money in it, but it will also take time."
I think, making money in general is not easy. You need to understand and know the principles of making money and what are the do's and don'ts of making money. These principles cut across every aspect and path of making money. Nothing is smoother in the process of making money let alone making money in the cryptocurrency ecosystem.
Having so many limitations really gets in the way of our goal of financial freedom. First is the time constraints, we cannot give full time to crypto even if we want to. Second is the limitations in our health. If we dwell too much in crypto and you inturn experience lack of sleep for months then of course you will experience health problems. Third is the limitation in research time which at the same time with time constraints, puts us into a disadvantage. You won't be able to research everything at the same time and you won't be able to get all the information you want and read them all. Unless you are a robot and all the world's knowledge will be downloaded to your brain, but that is not the case.
when you are trading then you should not be like that, pay attention to the condition of your body too and trade as needed or when a coin has a high price movement then you can enter into participation so you don't have to always spend time just trading, improve social to make relationships to others to be good.money can be found easily but health will be difficult to obtain and more expensive.
Having so many limitations really gets in the way of our goal of financial freedom. First is the time constraints, we cannot give full time to crypto even if we want to. Second is the limitations in our health. If we dwell too much in crypto and you inturn experience lack of sleep for months then of course you will experience health problems. Third is the limitation in research time which at the same time with time constraints, puts us into a disadvantage. You won't be able to research everything at the same time and you won't be able to get all the information you want and read them all. Unless you are a robot and all the world's knowledge will be downloaded to your brain, but that is not the case.
You are right, making money this days with bounty and airdrop seems somehow hard as there are alot of scam currently, before doing any referral for any airdrop nowadays, you need to check if the project is legit so as not to waste time.
Yes, in terms of choosing a bounty and airdrop, it is necessary to check beforehand so as not to harm the time we will spend on the bounty and airdrop, especially if a bounty is very long in duration.
You are right, making money this days with bounty and airdrop seems somehow hard as there are alot of scam currently, before doing any referral for any airdrop nowadays, you need to check if the project is legit so as not to waste time.
Yes, in terms of choosing a bounty and airdrop, it is necessary to check beforehand so as not to harm the time we will spend on the bounty and airdrop, especially if a bounty is very long in duration. legendary
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That is true , but not 100 % true. For example people who get easy get a lot of money from UNISWAP airdrop . In cryptocurrency space we must always up to date about promising project. So , when can select between scam projects or not.
That's just 1 in 10,000 chance and only small amount of people gets the UNISWAP airdrop compared to the percentage of crypto users around the world and not gonna happen for the second time.Most of people still trying to make money out of investing and trading but it's a lot more difficult to gain profit than losing the money so OP is pretty much on point about this as of now.
It is very difficult to be successful without very good knowledge of the cryptocurrency market. You need to constantly improve, learn new things. Then you can distinguish a good project from a bad one and invest money wisely. And of course a good profit will be a reward.
Yes, and seeking knowledge and new things in cryptocurrency also takes a lot of time, because the world of cryptocurrency is always filled with new things that everyone must learn, because looking for profit in crypto is no longer as easy as the past.
Making money in the cryptocurrency market is very difficult. The market is risky, and the value of cryptocurrencies may plunge by negative news.
I have seen Bitcoin plummeting from 9k to 4k in 1 week.
I have seen many altcoins discount 10 to 100 times and maybe more.
The bounty hunters get tricked or get less money with their efforts.
Many DEFI projects are scams or overly exaggerated.
Although there are many risks, there are still many profitable investors, with large fluctuations making this market attractive. Perhaps it's more attractive than gambling because I see many people willing to spend large sums of money on an anonymous team project.
I have seen Bitcoin plummeting from 9k to 4k in 1 week.
I have seen many altcoins discount 10 to 100 times and maybe more.
The bounty hunters get tricked or get less money with their efforts.
Many DEFI projects are scams or overly exaggerated.
Although there are many risks, there are still many profitable investors, with large fluctuations making this market attractive. Perhaps it's more attractive than gambling because I see many people willing to spend large sums of money on an anonymous team project.
Our life is not determined by others, we are the ones who choose the best decisions for us. Don't rely on anything else in the crypto world, unless you've researched it yourself, as much experience will make you understand the market better.
It is very difficult to be successful without very good knowledge of the cryptocurrency market. You need to constantly improve, learn new things. Then you can distinguish a good project from a bad one and invest money wisely. And of course a good profit will be a reward.
Our life is not determined by others, we are the ones who choose the best decisions for us. Don't rely on anything else in the crypto world, unless you've researched it yourself, as much experience will make you understand the market better.
Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.
Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
Its a good analysis and sentiments that must be take note by new bounty hunters. Also, for you to earn money in cryptoworld you must really invest lot of efforts and time and you really need to make more researches to the following bounty that you will be joining so that your efforts and time will not be wasted. Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
If making money is 100 percent given then the entire world would be pouring their money here. It's not easy , you have select the right project and hold your nerve for a long time possibly to get profit.
There is no better project on this cryptocurrency industry that has the hunters in mind. I always advise community members to be more careful while choosing their promotional project they wanted. Though there are little projects of this kind in this recent times but with research into projects will hive positive edge. For investment, I won't advise anyone to buy altcoins now because of Bitcoin downward movement, only buy Bitcoin and hold for long-term.
I agree with the advice in the opening post, there is no easy way to make money in cryptocurrency. Even in any field it is not easy
to make money, especially in the crypto world which is indeed risky, must be careful with every tantalizing offer. Because it is impossible
and unrealistic if someone offers to make money instantly, something like that I believe is 100% fraud.
to make money, especially in the crypto world which is indeed risky, must be careful with every tantalizing offer. Because it is impossible
and unrealistic if someone offers to make money instantly, something like that I believe is 100% fraud.
Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.
Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
To believe that somewhere you can earn easy money without difficulty is very, very rash. In any case, you need to understand otherwise you can lose either money or time. I have never had any illusions about earning money in cryptocurrencies. This helped me to be careful and saved me from big losses.
You are right, making money this days with bounty and airdrop seems somehow hard as there are alot of scam currently, before doing any referral for any airdrop nowadays, you need to check if the project is legit so as not to waste time.
Money is not easy to make not only in crytocurrency one has to work very hard to make it.But to me 2017-2018 was the best year to make money in crytocurrency.I made so much from bounties and airdrops unlike now where so many of the projects pays very little or not at all.Nowadays you have to make large investment in good projects to make considerable amount of money from crytocurrency.I hope the conditions improve so that we will earn more from the cryto-projects.
Looking on how people got rich from uniswap airdrop (some guy received about 2 millions us dollars), making money in crypto might seem easy. But in reality, it is a complicated combination of luck, research, skills and “flair”.
Only few have all set of this components, other only believe they have all.
To be honest, its all about luck. Look at how many air drops take place daily and on extreme rare occasion only one of them are good while the rest are shit. Its like if you start collecting thousands of airdrops for like years, you will get only one or two that are worth something while the rest are crap.Only few have all set of this components, other only believe they have all.
True doing some research you might get lucky, but honestly, its not worth the time you will be spending over there.
If making money is 100 percent given then the entire world would be pouring their money here. It's not easy , you have select the right project and hold your nerve for a long time possibly to get profit.
There is no better project on this cryptocurrency industry that has the hunters in mind. I always advise community members to be more careful while choosing their promotional project they wanted. Though there are little projects of this kind in this recent times but with research into projects will hive positive edge. For investment, I won't advise anyone to buy altcoins now because of Bitcoin downward movement, only buy Bitcoin and hold for long-term. Jump to: