Crypto has a lot of ways to make money but they also come with risks. if you are willing to take the brunt of the risk you can make it.

 this post is about methods I have tried and what I would do differently.

I have been in crypto shy of 6 months and sure I am more confident now with my money invested in certain platforms. The first time anything crypto-related caught my attention was the Beeple sale last spring. then later last year since my friend introduce me to NFTs and the other things. I remember being super enthusiastic about all of this because compared to traditional investing this one is a lot easier to set up. I am not a US citizen so most broker accounts are not accessible to me. With traditional investing, there are not many ways I know of to make money unless you do day trading.

Big wins are fraught with risks. Crypto is the same

My friend and I Both came into the crypto space relatively around the same time but he seems to be doing way better than me currently, Sure he said he lost a lot but overall he says he is all in the green and has massive gains meanwhile I have not lost anything. I Have not gained massively. he introduces me to nfts and open sea and binance. o this day, months after he is only focused on Ethereum and Nfts . he said a lot of the projects he got in early are duds now but he got into a massive blue-chip project and is a mod. Am I against risks, I would consider myself a risk-taker but, when I started with just Ethereum I would not dear put it all on the line for just one project since most fail after the initial hype. Should I have stuck to just Ethereum and not have a diverse set of coins?

Dollar-cost Average in established coins.

IN the beginning, I constantly check my coins to see them fluctuate a lot but now I don't care because I believe the entire market is going up so, in the end, I would be in the green but if you want to make money fast this is the slowest route to take. It's the safest one if you only focus on already established coins. After a few months of putting in little chunks of money and watching it fluctuate up and down my portfolio is roughly in the same position s I have not made much from this. if  I was to sell all my position, i would be in a slight negative.

Trade Nfts

Now, on the other hand, the guy who introduced me to NFTs and crypto buying stuck with Ethereum he had a higher initial budget but according to him, he is doing super well for himself. Before grinding the whitelist got oversaturated with bots etc, we both stayed up late into the wee hours of the morning trying to get onto the whitelist. this is all speculation from what he told me now but most of these projects are worthless, basically, he can't rid his wallet of these dead projects, I did not get into these projects and that made me feel justified at times like "look bro you are holding dead projects, after the initial hype, they all plummeted after the "paper hands" started selling and dropping the floor price. the discord channel for some of these is also dead, with no new posts, etc, Most Nft projects all have a lofty road map of years in the future, but after one setback they become dead weight.

Yes, this is how the game works, we are in the trial phase of Nfts , we don't know what will happen years from now. If you ask my friend if he is happy he had to go through boatloads of garbage projects just to end up holding a blue-chip project that is providing him with value then he would say yes. Yes, I regret not taking some risk to go through the same ordeal as him. it's inevitable that you would end up with shit so get over yourself, you are no smarter than anyone, but then you have to learn to find the diamonds.

what I learn from my friend.

first, try to get whitelist spots, but ah at this point in the nft world, getting these is extremely hard unless you have bots or a lot of free time, which I don't. what my friend did was get small wins and limit how much your loss is. My friend in the beginning never yolo all his liquidity into one project because that is a massive risk. If you have a small budget, you are naturally more careful.  i was way too careful,  don't be. what my friend lost in some of these projects he gain with information from inside some of these discord groups, that's where the money is made, most of us are just on a person and it is really hard to sniff out all the best projects.

Riding the pump and dumping the train.

By now we all know that this is the fastest way to earn money in crypto, it's also the riskiest. You can easily reach the top of the rollercoaster and plummet in a few seconds depending on what coins you buy. this route or  " go to the moon " is the fastest way to riches but with other methods, you have a long leeway to go in and out, with crypto coins, the smaller the cap the more volatile it is. Volatility makes it easy to go high and plummet hard and there are also rug pulls. I didn't have many opportune times to get into a small-cap coin because I don't focus on keeping up with new releases. However, one time at the beginning of the month, April, another crypto friend of mine did give me the heads up of CVC, coinviewcap releasing, I did contemplate it at a certain point after release. He said it going to be huge,  boy was he wrong, of course, it did spike after the launch, there was a presale beforehand so. then of course it reach a peak it never fully recovered from.  this is what happened after watching the chart. presale, a flood of early investors, price hike because of many buyers coming in, per coin-peak, massive -sell-off from presale owners. dip in price, investors buy the dip, price resurgence, crossroads. either it dips or it stabilizes. 

I realize you can't really predict what low cap meme altcoin is going to do well or pump and dump, but if you spend a lot of time analyzing charts more you can get a feel for how coins and ultimately people behave.]

what I learn from watching this coin chart for several days.

things to look out for especially with low cap meme coins is how it was released, was there a presale exclusive to early people, and why was this method chosen. for this coin CVC, since it was released by presale, then most times expect a massive selloff, I realized, if you didn't get in really early at launch wait for the massive selloff that's the second-best opportune time to get in. The first of course is the presale. of course, you don't buy the dip as soon as it starts falling, but you shouldn't wait too long either. if you don't believe in this coin and you DYOR and there is nothing backing it, or there is no precedent set before, get out at the second surge when the coin rises again. The second surge is usually due to the second wave of investors thinking that they can make money so the coin rises again. IF the project has nothing then another sell-off will happen and it would be less and less until it flatlines. No recovering money at the point.

Earn crypto

this method is very vast and it is the one I like the most, but it takes a while and a lot of sifting through the web to find areas where you can earn money. 

• Earn crypto from content platforms. 

for me example using publish0x, writing, and making content, I never thought I'd write this much before I came unto publish0x. being a content creator and curator is a good way to earn money but it is slow if you don't have an audience, have tried hive platforms like liketu and noise, but to no avail, yet.. I do plan on still posting.

• Earn crypto from staking, subscribing, lending, DEFI.        this method of earning crypto is relatively safe but .. it requires finding the best platforms for security reasons and enough capital. I use Binance subscribe and after what seems like a long period have not earned much of anything.. really! I did it rather than having my coins idle about. I am hoping it will compound in the future, but if you want to earn a lot you have to put in a lot in the beginning for it to mean anything. Also if the coin tanks and cumulative APY on that would be worthless, I've seen my cumulative interest be reduced the following day and was surprised, but now I know it's just following the coin worth, so with this, you have to be careful, 

what I learn from earning crypto subscribe, staking.

one, for more established coins you need way more to get better APR , and it has to be stake for a long time else it would be peanuts . for example bitcoin, you can subscribe very small portion of bitcoin, but don't expect to get anything really quickly. with the bitcoin i stake i don't really get anything , but i don't have any use for bitcoin so I am holding it long term.

There is so much ways to earn money in crypto, but most people do not understand and also unwilling to take the risk necessary. Any path is viable , but it must be viable for you , you cannot follow other people advice and route because their circumstances are different. What work for my friend may not have worked for me.

They want to go to Disnelamd without paying the entrance fee.

The higher the APY the more the risk. of course, common knowledge.