Crypto earnings
@allknowing (130064)
India
July 16, 2023 10:52pm CST
I have had a unique experience of earning crypto currency by writing for two Sites . One is already closed and the other one I am losing interest as they are concentrating only on reviews that I find boring
It was not easy to convert the crypto BCH - Bit Coin Cash - to Indian rupees what with having to decode QR Codes, etc.until I took help from my nephew who did that for me using his own BCH account and using his smart phone. I do not own a smart phone
With fluctuation in the crypto currency value it is not worth working there unless you keep a vigil and convert the moment you see it rising - have no patience nor time for it. At one point it was more to get my money back and not bother whether the value was up or down but it was down. Today the BCH value is US $ 256 plus. When I converted it was 100 plus.
Do you earn in crypto. How has been your experience?
6 people like this
8 responses
@a_jerobon (2304)
• Eldoret, Kenya
17 Jul
I have come to like making money in sites that pay in crypto. I love crypto payments because of the low transaction fees and I can easily convert it to my local currency.
2 people like this
@allknowing (130064)
• India
17 Jul
If you can convert easily then crypto is the currency but its fluctuation needs to be watched out for
1 person likes this
@a_jerobon (2304)
• Eldoret, Kenya
17 Jul
@allknowing yeah, it's fluctuation can be dangerous. You have to study a lot to avoid losing your money with it.
1 person likes this
@allknowing (130064)
• India
17 Jul
@a_jerobon While investing the control is in your hands but when you earn then we have to take whatever comes unless one keeps it hoping for the value to increase
@allknowing (130064)
• India
17 Jul
Is there no QR Code where there will be a code before conversion?
1 person likes this
@May2k8 (18094)
• Indonesia
17 Jul
@allknowing we don't need a QR CODE to do that unless we want to send or receive crypto money.
@allknowing (130064)
• India
17 Jul
I have not been cheated by any such Site but my issue was converting it to Indian Rupees
1 person likes this
@santuccie (3384)
• United States
31 Dec
I first opened a Coinbase account back in 2019, but didn't take crypto seriously until June of 2022, when I started seeing crypto, crypto, crypto all over Facebook. I lost a bit of money in scams, but learned from the experience.
I made a little bit of money in 2023, but mostly by luck. I was just messing around with altcoins, hoping for a moonshot. At one point, I bought USD 60 worth of SMRF, which shot up to $300 before crashing back down again. I managed to get out at $100, netting a $40 profit. I briefly dropped it into 4CHAN, before pulling back out since I felt like I was late. I saw HUNDRED was getting a lot of hype, read about it, and bought some.
After my initial $100 investment for 14 million HUNDRED coins on the BSC blockchain, I bought another $30 worth to total almost 17 million, and then bought 100 million on the ETH blockchain for $400. HUNDRED made me the most money of anything, probably about $4,000-5,000 total. I sold all of it to pay bills. I hope to buy more when I can afford to, and wish I still had the coins I sold already. It may be the most promising coin out there right now, and I expect HUNDRED will be a household name in a few years.
I also bought about $2.50 worth of GROK, and sold for about $50. Someday, when I have enough money to live comfortably without touching my investments, I intend to be a long-term player. The people who turn hundreds into millions and thousands into billions are the ones who hold every coin they buy for a minimum of three years.
For short-term gains, I like to play with stablecoin liquidity pools. DeFi Dan knows more than I do, but I know the basics. I also know about Internet security, though that only secures my own wallets. It doesn't stop pools from getting hacked with my coins in them. One day, when I have enough to play with the big dogs, I'll buy insurance.
@allknowing (130064)
• India
31 Dec
I never invested but worked on writing Sites that paid in crypto. Earned quite a bit Feel like getting back to that Site that wants reviews
1 person likes this
@Beestring (13348)
• Hong Kong
17 Jul
I don't join sites which pay crypto as I know nothing about it.
1 person likes this
@allknowing (130064)
• India
17 Jul
I also do not know much about it but once you get your earnings they needs to be converted and that I got help from my nephew
1 person likes this
@ogbenishyna (2956)
•
31 Dec
I don't earn in Crypto because of this explanation you just gave. The value of cryptos goes up and down quickly.
1 person likes this
@allknowing (130064)
• India
1 Jan
But earning on writing Sites I always took it to be a bonus.
1 person likes this
@Butterfingers (66585)
• India
17 Jul
No, but I like to earn and also want to learn how to convert to INR
1 person likes this
