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
2. Meme coins
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.
What about P2E games? I haven't hear it anymore.
Probably I missed other hypes or if you know the another way of making money, feel free to comment.
One way to earn money in crypto with less risk is through airdrops where you only need to complete tasks to receive tokens. An example of this is the Heroes of Mavia and Arkham airdrop. The challenge here is that we cannot determine the next project similar to them, and with the multitude of airdrops emerging, even dedicating all your time to them may not be sufficient. What's needed is diligence and patience to grind through, as it can consume all your time.What I know the current hypes in 2024 are:
1. Testnet airdrop
2. Meme coins
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.
What about P2E games? I haven't hear it anymore.
Probably I missed other hypes or if you know the another way of making money, feel free to comment.
One can actually make money in airdrop but it is very difficult cause you don't know which of the airdrop is legit and which of them is scam. One of the advantage of airdrop is that you won't invest your money in it though some of them will require you to invest money before you can be eligible for some things and some of the disadvantage is that you will spend your time, energy and date, when the reward is not even certain. However, I believe the best way to make money in crypto is to invest in Bitcoin.