How to earn a million dollars on cryptocurrency?
Content:
Where does the income come from?
I can distinguish 4 types of earnings (but there are many more):
1. Trading + investing 2. Mining (and everything that comes with it) 3. Social tasks
We're not going to do active trading, it's not a noble business. But it is possible to indulge in investments.
The cool thing about investing in crypto is that you don't have to buy any coins with your own money and wait for price fluctuations. We will invest only the money we will get from other types of earnings, in short, you get the profits = you put them in coins. After 3-4 years, you will rest on your island somewhere in the Caribbean, or in Gelendzhik.
Investing can be divided into 2 types, even 3 (personal opinion of the editor of the newspaper, may differ from yours)
1. Fundamental
Coins that are already 335353 years old and 100% they will grow, not now, but in 10 years. These are bitcoin, eth, and other old guys. You've probably heard of them.
2. Fundamental + Hype
Coins that entered the market not so long ago, but they have good hype + good technology behind them, i.e. the fresh ones that have good potential.
I can single out at least 3 coins that I will definitely invest in - MINA, TWT (the coin from the coolest crypto wallet), SOL
3. Hype
Coins whose potential is very murky and worth investing the smallest amount of your money in them. I can refer to this type of coins of those projects, which do not represent any breakthrough technology and are created more for fun and HYIP. The brightest examples = DOGE (coins with the image of a dog), SHIBA INU
I do not recommend this type of investment, of course, there have been cases where a man bought shittokens for 300 bucks and after a couple of months financed them 30 million dollars, but it's the same casino and you lose all your money. I give you a disliked.
Dear readers, let's move on to the second kind of earning.
Mining
Don't start drooling when you think you'll have to buy a lot of equipment - graphics cards, etc. No, I'm talking about the other kind of mining that clever people called nodes and testnetworks.
I personally am not familiar with it.
In a nutshell, testnets = testing different new blockchains and projects. (blockchain = network in crypto, analogy = in banking system there are different networks alya visa, mastercard, but in crypto there are different networks called blockchain) And for detected errors, reports, not yet officially released project gives testers their coins - still blank, they may not be worth anything, they may be worth millions.
Occupation labor-intensive + not everyone is given to, it is necessary to sit quite tight and understand what I will do in the future.
Occupation of the HYIP + cool, put it up.
And now we move on to the last 2 out of 4 types of earnings, which are actively used by us and our subscribers for more than a decade.
Social assignments
We are all animals that demand attention. Likes, reposts, hype, cringe, and flex are an integral part of our lives.
So, we will get money for likes + reposts.
Why and why?
Arnold Petrovich is sitting in the sauna, drinking Czech beer and discussing with his friend, how to raise their money. His buddy suggests that he start a new cryptocurrency project and launch his own coin. They agree, but they face the dilemma of how to unhypothecate.
How to PR? - The question is tough and uncomfortable. This is where we'll need the power of social media, too. Arnold Petrovich created a Twitter and Telegram of his project, wrote a single page. He decided to do it this way - people subscribe to the project's social networks, give "likes", make reposts and fill in a Google form, indicating their data, from which they performed tasks, and indicate their wallet, where the money for the tasks in the form of tokens of this project should come.
That's how cryptomir works. And surprisingly it works, a HYIP is created, but there is one but! The project in 99% of cases becomes unnecessary for everyone after they sell their tokens. But that doesn't really matter.
I hope you understood what is the essence of social tasks. Now I will allocate 2 types of earnings on them:
1. Filling Airdrop
It's essentially the same as I described in the example. But you don't need money to get started! That's funny. All you need is the Internet, telegraph, twitter, mail and a wallet, and the money will give you the big uncles!
You do the job -> Fill out the form -> Wait until the tokens drop -> Phantik starts listing on the exchange -> Sell -> PROFIT! (lots of money)
Different tasks and different rewards everywhere.
Default airdrop = likes + tweets + tweets and fill out the form.
There are different ramifications, but mostly everything is the same.
Now on to the type of earning that also includes elements of airdrop
2. Filling in the whitelists
Whitelist is a white list for IDO membership (lol! why not a black list?)
In short, you do everything the same as in airdrop, do the same tasks, but do not get tokens :0 Wha-a-a-a-t? You ask! And I'll answer, it's okay. You do tasks in order to be randomly selected from all participants and give you the opportunity to buy their tokens. Wha-a-a-a-t? Ask me again! And I'll tell you again, it's ok bro, the point of making money is to buy tokens at a low price and sell them with X.
The 'CS Crypto School' project decided to release their token. They set up social media and rolled out the conditions to get on the whitelist = subscribe to their social media, like and fill out a google form. Let's say 5,000 (five thousand) people met the conditions, and a total of 100 people are on the whitelist (it's stated initially). Let's say they announced the opening of the project on June 10, and the form closes on June 20. After the time expires, they announce: "Hey guys, we've been thinking and decided to add these guys to the whitelist, get the list: link".