Post
Topic
Board Beginners & Help
Re: How to Make Money in Crypto and not lose it as beginner
by
KingsDen
on 03/07/2024, 21:03:03 UTC
1. Knowledge first
2. Spot trading.
3. Airdrop Farming
4. Investing.
Making money in crypto market is difficult most especially a beginner who has not gotten the basic knowledge, although knowledge is needed as mentioned but trading is not so easy and I don’t think any beginner can earn so quick without a solid knowledge. I believe trading with the right strategy matters so beginners still have a long way to go when trading in terms of profit making. Secondly, I’m not into Airdrop Farming and there’s nothing so special about airdrop farming, the fact is being lucky at the moment because sometimes you spend your time and effort farming fake projects, as a beginner it’s always best to make research before going into different kinds of airdrop. Investing also has to do with trust and bitcoin at the moment is a good choice for any newly investor but, bitcoin investment doesn’t come with fast profit rather a long term investment plan will yield profit.
Almost every newbie in the cryptocurrency industry sees trading as the easiest way to make money. Even when you advise them that trading is risky, most of them would not hear until they try it out themselves. So many of them regrets after trying it because they would not be patient enough to learn the skill of trading before trying to trade. It is after they must have failed that they will understand that trading is not for everyone.

There is nothing better than learning when you don't know, it is learning that leads to earning. When you have learnt enough, you would not easily lose your money for any fake Project. Learning is also not what is done in a haste, experience also is part of learning. The more anyone stays in a forum like this, the more experienced they get in things about cryptocurrency and Bitcoin in particular.