I have been thinking about making money in cryptocurrency, but I'm hesitant to try because I don't want to get scammed i.e. didn't get any rewards for the effort I spent. I'm really curious with the current hype in 2024 and how much you've make from it? I know that scam is inevitable in altcoins, so I might be looking to earn with less risk.
What I know the current hypes in 2024 are:
1. Testnet airdrop
$600 bucks from doing hydro tesnet and it's only one example. $200 from mining Babylon project NFT, which is free, caused by all of the tasks related to the testnet.
2. Meme coins
I participated in the meme token farm and got around 120 bucks by doing some simple tasks.
What about NFT or ordinals? but I think it's really risky because it's non fungible and you can't make sure people will buy your token.
It's not as risky as when you randomly bought ico. In ordinal, what you need is only bitcoin as your minting fee.
Participated in the raffle is free
Getting whitelisted is free
Have you ever known about trac? I minted around 10k token for less than $50 as minted fees and it sold it for 50k
https://coinmarketcap.com/currencies/trac/I also got Runestone, which is worth 0,05 BTC now.
The key is
consistency.
What about P2E games? I haven't hear it anymore.
Not really profitable.
The hype has not yet ended and you are not late to participating in the incentivised testnet, retroactive and many more.
Do you have any groups to share airdrop information, or do you just find them on Bitcointalk? I've joined some groups, but most of the airdrops they share are not profitable. Sometimes, it takes many swap fees to participate in a testnet, but nothing comes back.