AsidesTrading, What Are Less Risky Methods of making money in crypto(?

[YoungBoyCrypto]

Hi everyone, good day. I noticed BTC is seeing some good price action today, though I’m not sure how sustainable it will be—let’s hope for the best. I’m not really into futures trading as I don’t have the patience for it. I stick to spot trading and airdrop farming.

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

[Alone055]

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

Trading is all about timing the market well, if you can't do that, you will face what you are facing right now. The highest point for RUNE was $11.46 or something and it touched that point on the 13th of March, this year, after that, it started dropping and the lowest point it dropped to was $4.35 or something around that within a month after hitting $11+.

After that drop, it went up to $7.3+ in the next few weeks. Now, if you had bought it when it was around $4.5 or $5 before it went back up to $7+, you could easily exit with some profit at $7 if you weren't to become greedy and think it would go higher and you would get more profit.

Remember, take profit when you have the opportunity. Greed won't let you stay profitable for long when you are in a financial market such as this one.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Buy Bitcoin and hold, there is a high chance that the price will go above the current all-time high this coming year.

[el kaka22]

Long term investment is the best way to make money in crypto, if you could buy bitcoin and hold then you are going to make a great income, and that's the most important part. I know that it doesn't feel like it's quick enough method but it certainly makes people rich if they do that long term. I think earning is also something that people enjoy these days, could be from airdrops, could be bounties, could be signature campaign income, could be getting paid by some projects to be their moderators, doesn't matter what the job is, people work and earn money in the crypto world as well and that makes a good income.

This is why I like to combine them both, I have a normal job that I make money from and I live with that, and I make money in the crypto world by working and that income goes to long term holding those and eventually that becomes something good for me. I believe it is not going to be that easy to handle it all ,but it is not that impossible neither.

[EL MOHA]

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Trading is for the knowledgeable and risk takers, so it is not an everybody thing if you ask me. Now to investing which is quite less risky than trading and it is the type of trading I actually advice people to go into most especially newbies but this comes with a huge risk if it is Alt-coins you want to trade most people will tell you to stick to top alt coins but I rate them almost the same In terms of risk. The reason why I advise against investing into altcoins is that the dip is always a tricky one, there are majority of them that do not recover from the dip again and even if they do recover to get to a higher point is very difficult for them as many investors might have already lost their interest during its dip. The money used to invest most especially altcoins should be an amount an you can afford to lose, no matter the ranking of the coin on market

[stadus]

Trading is actually a high risky activity, and we all know that. Most particularly for beginners, they should never rush into trading no matter how well financially prepared they are. At least, consider buying and hodling bitcoin first.   The risk is only minimal and if you are doing it with passion and patience, you will certainly succeed in time. DCA is the key. Just enter trading after you have gained good experiences in the market, and trade only when you have acquired already sufficient amount of bitcoin to trade.

[nelson4lov]

Trading is risky even worse, when you use leverages, these risks are immediately multiplied to exponential levels.

I  have used both low investment yield opportunities that are offered by exchanges or Defi platforms and truly, in order to make a significant amount with these method, you need to put down plenty of money into it otherwise, the rewards are nothing to write home about with smaller capital.

Launchpools (whether Binance, Bitget or Bybit) is no different because the competition here is high and this results in plenty of dilution since the pot is fixed but the participants cap is uncapped.

This is why trade is called a high risk, "high reward" scheme

[kingvirtus09]

If you are looking for less risky ways to get profit in this field of crypto, I can recommend Bitcoin, Ethereum, Pol, Bnb, Trx, and others that are in the top listing in the market. It's up to others who are also on the top list.

It's just that all cryptocurrencies have risks associated with them, so it's really necessary to be wise in choosing if you want to get a nice profit here. And you should also learn trading properly, though it's not really easy to do; just be patient.

[alastantiger]

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Launchpad are good way to invest into altcoins but not all the launch pool project are always successful hence that's going to be a challenge for you to find a good one to invest into. Since you're trading, why not invest in Bitcoin instead of looking for the next big altcoins to invest into. Altcoins can be good investment when you find the next one to explode but if you invest into the one that's getting sold, you won't be happy about that. Investing in Bitcoin should be a better low risk investment option. You can stake your stablecoin too and get nice percentages, I know staking stablecoin is risky as you'll have to leave your stablecoin on exchange to receive the rewards but you're already risking it by trading and leaving your money on exchange. Why not risk more and get the best value of the risk that you're taking. You can stake for small numbers of weeks and not lock them up for months without having access to your stablecoin because anything can happen.

[adaseb]

If you don't want to trade then the other way is to stake some tokens or stablecoins. There is some risk like all those lending platforms which went bankrupt 2 years ago and you can have some DeFi get hacked and lose your tokens.

But there are no other ways really unless you perhaps use some L2 and hope for an airdrop, but these arent very profitable these days. Or you can do some coding work or design work and get paid in crypto which is no different from a job.

Kind of like promoting a signature on bitcointalk. You get like $50-100 a week as long as your rank is high enough. But its not a passive income, you need to put some work into it.

[shinratensei_]

try to see some new project that recently got funded by VC maybe they allow staking using stablecoin though you should carefully see whether the contract is perfectly audited to prevent your money from being hacked but I've seen plenty of new VC funded project that might yield better APY while also carries less risk than future trading.

or if you're too afraid of staking in new project you can always stick with established platform, try to find and calculate PT yield in pendle or the APR in morpho, both of the platform is hot right now for people who seek place to invest their unused money.

I personally always bought PT stablecoins and wait for maturity.

[hd49728]

I stick to spot trading and airdrop farming.

Better to avoid trading even Spot trading.

With airdrop farming, make sure you know that you can be refused by project teams by Sybil attack checks and make sure you know about risk of interactions with smart contracts. If a project is scam, and you interact with their smart contracts, your filled wallets will be drained out, you will lose money in these wallets to scammers.

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

With altcoins, they have very short lifespans. Altcoins like $RUNE are created a lot during a bull market but they will die in a bear market. Holding altcoins like $RUNE means hold to die. Die here means you will lose your money.

Don't hold altcoins. With them, if you feel your position is bad, make a cut loss and exit that position. After failing with altcoins, you will see Bitcoin is your best choice.

[ethereumhunter]

Holding Bitcoin for a long term investment will be better and less risky especially if you can buy at the low price. You don't have to do anything except hold Bitcoin in your wallet, not in exchanges but in your private wallet. I don't know with holding altcoin but holding Bitcoin will be better. Maybe you can hold ETH or BNB or even staking them in Binance but we don't know how long Binance will exist so if you hold Bitcoin in your private wallet and not doing anything, you may have a chance to make a big profit in the future. Buying altcoin can be another way but you must buy at a very low like when you buy ETH when ETH first launch and you can hold that until now. But unfortunately, we don't know how the future of the altcoin so that will be too risky for you instead just hold Bitcoin.

[AVE5]

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

You can consider investing on reputable coins probably not too highily volatile but potential to increase in value and just hold while staying tuned in the spot makert since you can't hold too long and the only spotted risks are your impatient to sell to quick at lost while the market is still promising.

[hd49728]

You can consider investing on reputable coins probably not too highily volatile but potential to increase in value and just hold while staying tuned in the spot makert since you can't hold too long and the only spotted risks are your impatient to sell to quick at lost while the market is still promising.

You are saying the same as what I intended to recommend to OP, but I'd like to go more extreme.

A less risky method of making money in cryptocurrency market is Bitcoin. Use your money that you got from whatever legal ways, purchase bitcoin, and hold it for a long time. It's less risky and I sneak peek a fact to newbies too, it's most profitable method in long term too.

My saying is based on past records of Bitcoin ROI table and ROI chart in comparisons to other assets. It's true in comparison with altcoins too.

[Rockstarguy]

Hi everyone, good day. I noticed BTC is seeing some good price action today, though I’m not sure how sustainable it will be—let’s hope for the best. I’m not really into futures trading as I don’t have the patience for it. I stick to spot trading and airdrop farming.

Trading can sometimes feel isolating, and while it’s not always difficult, there are frustrating moments. For example, I bought Rune at $5, and it's been retracing for months with no sign of returning to my entry point anytime soon. I guess I’ll just have to hold.

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Your understanding towards trading or hodling will determine if cryptocurrency is very much risky or not. Trading can be very risky because of because of the task that one needs to meet up with, it is something one needs to learn very well and their is no shortcut about it .  

Hodling is a bit easy but if one lacks patience to hodl and also lacks understanding about the market volatility I think then it can be considered as very risky for one to go into. Normally cryptocurrency has it own risk but the ability to understand cryptocurrency reduce the risk that it has. The less risky method to invest or trade cryptocurrency is to have a good understanding about it,  the better understanding then the less risk.

[avikz]

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Nothing is risk free in the cryptocurrency market. There are only two ways to make money while keeping the risk at lower side - mining and staking!

However these two methods are not risk free. The price volatility risk will always be there. So you can try these options if you are not a risk taker.

But if you are interested in NFTs and memecoins, then move back to trading. Because trading is less risky than these shitty things.

[hyudien]

Talking about risky investments in crypto assets is very difficult unless you invest in stable coins then it will be suitable. So basically crypto is high risk even with a small amount you invest in fact price fluctuations cannot be avoided. If you are serious about managing spot trading and farming airdrops alone, it is good enough. Plus if you want a long-term investment then you know where to put your money. Now it's never too late to continue accumulating bitcoin if your finances are stable then it will be very helpful.

[Abu-Naim]

This brings me to the purpose of this thread. To stay active, I’ve got stables in my portfolio and I’m looking for advice. Between launchpools and other low-risk investment options, which is better for retail traders, and what risks are involved?

Is there any low risk investment options in crypto space? I think it is only Bitcoin that have less risks because it is trusted by all and it is the pioneer cryptocurrency that literally control the crypto market.

Altcoins investments are generally risky, you need to de extra research to be able to be safe with your investment. You can gain money easily and you can as well lose witching short periods of time because altcoin investors are always at alert, sometimes they are the once manipulating the price of any coin they bought, they have entry level and exit level, if you have no any information about that, and you happens not to smart to get out once you get small profit, you might lose all your money because the investors do work with time and it seems like they knows how to manipulate the market to favor them.

[lixer]

There is some risk like all those lending platforms which went bankrupt 2 years ago and you can have some DeFi get hacked and lose your tokens.

Oh this. Yeah I remember it. It was so tragic, so I won't say that its risk is only 'some'. Even though staking is different from trading, it may still not be considered by the OP due to its said level of risk.

But there are no other ways really

There are still actually. What about investing in Bitcoin and other similar cryptos which are also old age and have a good potential like ETH?

unless you perhaps use some L2 and hope for an airdrop, but these arent very profitable these days

There are two types of airdrops now. One is paid and the other is free. The free ones must have no risk, so what can we expect from them? It's only normal that we can only earn less profit on them and most of the times zero. Airdrops are the same as investing or trading a crypto like if we pick up a bad project or airdrop we can't also earn a good profit or there will be no profits that will be earned at all.

[Dr.Bitcoin_Strange]

If you can bear the risk of staking your coins on a third party exchange, without minding the implications, then it's also one way you can earn in crypto without becoming a trader. Staking gives you the chance to earn a certain APY on your coins but the challenge is that you are not in complete control of your assets and if any issue should arise with the exchange, you might lose your asset. Another means to earn is through lending, you lend your crypto to your friends with the agreement for a certain repayment amounts.