Quote from: Cornia on Today at 11:01:58 AM

Quote from: hamba laeh on May 29, 2024, 11:20:51 AM

Quote from: Apocollapse on March 21, 2024, 05:28:34 AM

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. Wink

Currently memecoin is trending in various media because it can provide large profits with small capital. and airdrop is currently being flooded with various altcoin projects because crypto is in the best trend with the increasing price of bitcoin. and many P2Es are also still paid and I myself still play games to mine altcoins.

Investing in Memecoin is very risky. Because there can be profit as well as loss from memecoin. They may even turn into shitcoins after a year or two. So airdrop is the best way to earn money from cryptocurrency without investment and without risk. In this case I prefer P2E game the most. Because these projects are paying players now.

In all coins, you could suffer from loss especially if you won't have any investment plan. It just happened that the market value of memecoins are more volatile than with others. Memecoins are still profitable as an investment if you would be able to manage the risk within its market price volatility. With P2E, actually only a few are sustainable in the long run so I guess token investment will still be a better option in the long run but it does depend on the token you would invest into.

Ways to earn at this point is with signature campaigns, airdrops, event participation and the likes. Good thing is that many airdrops at the present are paying than with before wherein 80% are scam and just a waste of time. Investment is simply an option to those who have the capability to do so but for those who cannot, try offering services by means of employement or partnership that pays cryptocurrency.