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How to make $5000 from Airdrops in 2022

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How to make $5000 from Airdrops in 2022

This article is divided into the following topics:

  • What is an airdrop?
  • What are the things you must have in place before joining an airdrop?
  • Why are airdrops free?
  • How does airdrop work?
  • How can you differentiate legit from scam airdrops?
  • How can I make $5000 from airdrops in 2022?

Table of Contents

What is an Airdrop?

Airdrop is simply a reward you get by carrying out tasks for cryptocurrency projects, especially new projects that involves sending free coins or tokens to wallet addresses in order to promote awareness of a new cryptocurrency.

What are the things you must have in place before joining an airdrop journey?

  • Trustwallet
  • Twitter

Why are airdrops free? 

The reason why they’re giving it out for free is to promote blockchain startups, because in the cryptocurrency world, the higher the number of people that are using and holding it, the better and greater the chances of that particular going to blow up in price and everything.

How does airdrop work?

The particular company will ask users to complete one or two multiple social tasks (tasks on Discord, Telegram etc.) and then credit your wallet with a locked token till it’s launched.

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How can you differentiate legit from scam airdrops?

If it is a legit one, they will only ask you to participate and share your public wallet address.

For the scam, you will be ask you to provide your private key to your wallet address as well as the public addresses. 

Read: What is Cryptocurrency and how to make money from cryptocurrency?

How can I make $5000 from airdrops in 2022?

Five highly repeatable protocol that might be launching an airdrop soon and if these airdrops are worth at least $5,000 at the time of the airdrop, that will be $10,000 five protocols.

1. Metamask

Metamask is the leading Defi wallets that was launched in 2016. It has over 30 million users and support over 45,000 Crypto tokens across Ethereum network, BNB smart chain, polygon, Avalanche and others.

Metamask can be used to interact with Defi apps through its mobile app or chrome extension. It recently launched its swap feature that allows users to swap one token for another directly on metamask.

Metamask scan through decentralized exchanges like Uniswap, Passwap etc. and route your swap through the one offering the best rates. with this feature it is speculated that Metamask will be dropping a token soon.

To position yourself for the airdrop, use the Metamask swap feature.

2. Accross Protocol

Across protocol: Across is an optimistic cross-chain bridge protocol that allows users to execute transaction between chains almost instantly.

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With a cross you can move your crypto assets from one chain to another easily be it Ethereum, polygon are among the supported chain and more coming soon. 

To position yourself to qualify for this airdrop, you can do any of the following:

  • Bridge assets using Across protocol
  • Provide liquidity
  • Contributes to the design and development of Across DAO

3. Opyn

Opyn is a Defi derivative platform that allows you to trade perpetual contracts on chain on Ethereum using the power of squeeth i.e squared Eth.

 you can start by joining a discord channel.

You can take a long position or short position. When you take a long position on this protocol, you will earn more when the market is going up and lose less when the market is going down but you will not get liquidated unless maybe Ethereum goes to zero.

Opyn tokens and airdrop has long been anticipated and there are three things you can do now to get a safe position for airdrop:

  • Take a long position or a short position
  • Provide liquidity
  • Deposit into any of the trading strategies

4. Francium

Francium: Francium is on the Solana network. It is a third largest lending protocol on Solana by total value law, the largest leverage lending platform and the largest one without a token.

Francium is also a yield farming aggregator on Solana. they have hinted that they will launch a token when the time comes on which might come here retroactive airdrop to its users.

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To position yourself for this, we can do the following:

  • Lend it took hold on francium
  • Yield farm on francium

But to interact with the Solana network, you will need a fantom wallet which is also an area of opportunity if you use an exchange like Metamask.

5. Zora

Zora is an NFT marketplace protocol on Ethereum, it allows permissionless minting and trading of NF Ts, Zora is an on-chain NFT market place which means that it can never go down. It can only go down if the Ethereum network goes down. It is composable immutable, universally accessible, and censorship-resistant.

Considering the introduction of the Zora DAO, there is a strong possibility that Zora launches a token to help facilitate ownership over the organization and protocol.

You can use this strategy to be eligible for the potential airdrop:

  • Buy and sell an NFTs on ZORA means and sell NFTs on ZORA
  • Collect ZORBS
  • Use product built on ZORA protocol

Conclusion

There is no guarantee you will make money off every project; you may earn several airdrops and only few may be rewarding.

When you start your airdrop journey, ensure that you put so much effort and energy into it and wait till it yields well.

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How much do cryptocurrency bloggers earn?

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How much do cryptocurrency bloggers earn?

If you are curious about a way to make cash as a cryptocurrency blogger, you are in the right place.

In this article, we’re going to talk about the diverse approaches by which you could earn an income through your writing.

We’ll begin by outlining the fundamentals of cryptocurrency and running a blog, after which we’ll circulate directly the diverse ways that you could monetize your content material. We’ll additionally offer a few suggestions for developing your target audience and creating top-quality content. So, if you are geared up to begin creating wealth as a cryptocurrency blogger, read ahead!

Table of Contents

What are cryptocurrency bloggers?

Not sure who the cryptocurrency bloggers are? They’re the people who write approximately about Bitcoin, Ethereum, and all matters cryptocurrency.

They may be specialists within the area or simply beginning out; however, one issue is certain: they may be obsessed with the topic. And as the recognition of cryptocurrencies continues to grow, so does the demand for nice content. 

So if you are contemplating beginning a cryptocurrency blog, you could guess that there may be lots of possibilities to make cash. 

Read: How much can I make as a blockchain developer?

How cryptocurrency blogs make money

Cryptocurrency bloggers can doubtlessly earn a number of dollars, depending on their level of information and the quantity of time they’re inclined to spend making money on their blog. For example, a few bloggers have mentioned earning up to $10,000 per month from their blogs. This is an outstanding figure, and it’s easily achievable with determination and hard work. However, it’s crucial to understand that this isn’t always the norm, and most cryptocurrency bloggers will now no longer make this form of cash.

The additional amount of cash a cryptocurrency blogger could make depends on the type of content they produce. For example, a few bloggers may be aware of the importance of supplying academic content, including tutorials and guides, at the same time as others may be aware of the importance of supplying information and analysis. 

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Educational content has a tendency to be more lucrative, as it may be offered at a better rate than information and analysis. Additionally, a few bloggers provide consulting offerings or create services associated with cryptocurrency, including buying and selling bots or software program tools, which can also be very profitable.

Who are the top earners within the field of cryptocurrency blogging?

So, you need to recognize how much cash you could make as a cryptocurrency blogger.

Well, it genuinely depends on who you ask. There are a few bloggers who’re creating a fortune, while others are nevertheless simply scraping by. But as a general rule, the more famous and well-respected your blog is, the more money you could assume to make.

There are some pinnacle earners within the area who are really worth mentioning. For example, David Genix from Davidgenix.com, John Biggs from TechCrunch is a writer, consultant, programmer, and former East Coast Editor. He writes especially about technology, cryptocurrency, security, gadgets, gear, wristwatches, and the internet. He is expected to have made over $500,000 from his blog in 2017. And David Seaman, who became a visitor at the Joe Rogan Experience Podcast as soon as it launched, has mentioned incomes over $100,000 in an unmarried month on his blog.

Obviously, those numbers depend on your visitors and how engaged your target market is. But if you are trying to make cash as a cryptocurrency blogger, those are the people you want to be following.

How much can a cryptocurrency blogger expect to earn?

You are probably wondering how much you might earn as a cryptocurrency blogger.

Unfortunately, there may be no clean solution to this query because it relies on a number of factors. For example, how famous your blog is, how regularly you post, and what kind of content you write will all have an effect on your earnings.

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If you need to maximize your earnings, I suggest posting often and writing engaging, beneficial content as a way to appeal to readers. You also need to recall accepting donations or promoting services in your blog.

Read: How to reduce Cryptocurrency Risks and Protect your Profits

What skills and expertise help with earning From a cryptocurrency blog?

You are probably wondering what capabilities and know-how assist with generating income from a cryptocurrency blog.

The most critical talent is manifest expertise in the cryptocurrency marketplace. This may be hard because the marketplace is continually changing; however, if you’re updated on state-of-the-art information and trends, you will be in an excellent position to provide insights and predictions that your readers will find valuable.

In addition to expertise in the marketplace, it is also critical to know how to write well. This approach is capable of expressing your thoughts truly and concisely. You do not want to be an expert writer, but being capable of expressing your thoughts in a manner that is easy for others to understand is critical.

Factors that affect cryptocurrency blog earnings

In addition to the type of content material you produce, there are numerous other elements that can have an effect on your earnings. For example, the scale of your target market is a critical factor. The larger the target market, the more potential there may be for making a living via marketing and promoting products. Additionally, the quality of the content material is likewise critical. If the content material is well-researched and engaging, it’ll entice extra readers and doubtless extra profits.

Finally, the quantity of time you’re inclined to put into your blog is likewise a chief factor. The more time you spend growing content material and selling your blog, the more likely you are to earn cash from it. Additionally, having excellent expertise in SEO (search engine optimization) allows you to grow your visibility and reach a bigger target market.

Finally, it allows for a few simple Internet improvement capabilities. This can be available on hand in relation to putting in place and dealing with your blog. Knowing how to code isn’t always necessary, but it may surely be a precious asset.

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How to build a successful cryptocurrency blog

Building a hit cryptocurrency blog takes a number of years, but it may be pretty profitable both financially and emotionally. First and foremost, you want to be a professional at the topic. You have to have an organization’s expertise in the way the generation works, in addition to the state-of-the-art information and trends within the space.

Second, you want to be an excellent writer. This is critical for any sort of blog, but it is particularly critical in the cryptocurrency world due to the fact that there is a lot of complicated jargon. You want a good way to give an explanation for complicated standards in simple English (or whatever your blog’s language is).

Third, you want to be energetic on social media. This is how you will acquire new readers and develop your target market. 

Last, but not least, you want to be patient. It takes time to construct a hit blog. But if you keep at it and roll out first-class content on a regular basis, in the end, people will become aware, and you will begin seeing results.

Conclusion

So, in case you’re contemplating beginning a cryptocurrency blog or are already in the process of doing so, it is critical to understand what you may doubtless earn from it. The correct information is that there is the ability to earn a lot, but the amount you are making will depend upon some elements, including your blog’s reach, the quality of your content, and how you are capable of monetizing your blog.

At the end of the day, cryptocurrency blogging is an excellent way to make a few extra dollars and will even grow to be a full-time profession if you’re capable of constructing a huge and consistent following. Just ensure you put in the tough work and convey tremendous content, and you also have to be to your manner to earn an excellent profit out of your blog.

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How to spot Cryptocurrency scams

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How to spot Cryptocurrency scams

Introduction

Scammers are always looking for new ways to steal people’s money and the massive growth of cryptocurrency in recent years has created plenty of opportunities for fraud.

Cryptocurrency crime had a record-breaking year in 2021 and according to report by blockchain firm Kinalysis, fraudsters stole 14 billion dollars of crypto that year.

There are many types of crypto scams, some of the most common include fake websites. Scammers sometimes create fake cryptocurrency trading platforms or fake versions of official crypto wallets to trick unsuspecting victims. These fake websites usually have similar but slightly different domain names  from the site they attempt to mimick. They look similar to legitimate sites, making it difficult to tell the difference. Fake crypto sites often operate in one of two ways :

  • As Phishing pages: 

All the details you enter such as your crypto wallet’s password and recovery phase and other financial information end up in the scammer’s hand.

  • As straightforward theft:

Initially, the site may allow you to withdraw a small amount of money, as your investment seem to perform well, you might invest more money in the site. However, when you subsequently want to withdraw your money the site either shuts down or declines the request.

This article is divided into the following topics:

  • Types of crypto scams
  • How to spot crypto scams

Read: 5 Effective ways to overcome business failure

Types of crypto scams

Influencer scam

An influencer scam is when somebody with a direct connection to their audience uses that sort of parasocial relationship to convince their audience to do something that they wouldn’t have otherwise done CSGO Lotto people would host these sites, which was basically gambling but instead of using real currency, they would use CSGO Skins which were tradable in real life for real dollars to sort of like NFTs before HTFs were a thing. The influencers who actually are promoting these sites often had backroom deals, so that they would win a lot more often than their fans would. 

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ICO scam

People would jump in to try to pre-mine coins and you would pay in the hopes of getting future returns from this great new crypto coin that was going to launch and influencers were a big part of this because they were a part of providing exposure to this ICO.

Now, a lot of times these weren’t what they were promised to be. In the case of somebody like Floyd Mayweather, he promoted Central Tech and DJ Khaled did as well. It turned out to be a massive scam; central Tech raked in millions of dollars and both of them walked away with a three-year ban by the SEC but it was the investors that really got kind of screwed because that coin is worth nothing now.

Financial freedom scams

The world’s been locked down for two and a half, three years of COVID global pandemic, and almost everyone started working from home. It was almost like the perfect storm for this group of people because now everybody has been told that they can’t rely on one source of income. So everybody has now fallen into the trap of wanting to create a side hustle as extra revenue, passive income, or whatever it might be. So it’s almost a perfect storm for any of these online gurus that are basically good at marketing.

A lot of people think only stupid people get scammed. Yeah, it can be really persuasive, it turns out there was a secret mechanism called the anti-whale code which was supposed to help people by not letting rug pull happen.  It was told to people that there was a limit on how much you could sell of the coin at one time. 

In the last final moments before launch, this code was changed by the developers to basically be non-existent to let people sell as fast as possible. Then you see a lot of influencers changing their tact because they don’t want to be known, or caught by the authorities.

NFT scams

You’ve got to see the whole arc because it paints a beautiful picture when you get it all together. So NFTs are the newest orange to squeeze instead of promising a coin that can be seen much more as an investment.

Phishing scams

Crypto phising scams often target information relating to online wallets. Scammers target crypto wallet private keys which are required to access funds within the wallet.

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Their method for working is similar to other phising attempts and related to the fake websites described above. they send an email to lure recipients to a specially created website, asking them to enter their private key information. Once the hackers have acquired this information, they steal the cryptocurrency in their wallets.

Pump and dump schemes

This involves a particular coin token being hyped by fraudsters through an email blast or social media such as Twitter, Facebook, or Telegram. not wanting to miss out, traders rush to buy the coins driving up the price. having succeeded in inflating, the scammers then sell their holdings which causes a crash as the asset’s value sharply declines .this can happen within minutes.

Fake apps

Another common way scammers trick cryptocurrency investors is through fake apps available for download through google play and the apple app store. Although, these fake apps are quickly found and removed. That does not mean the apps are not impacting many bottom lines, thousands of people have downloaded fake cryptocurrency apps.

Fake celebrity endorsements

Crypto scammers sometimes pose as or claim endorsements from celebrities, business people, or influencers to capture the attention of potential targets. Sometimes, this involves selling phantom cryptocurrencies that do not exist to novice investors. These scams can be sophisticated, involving glossy websites and brochures that appear to show celebrity endorsements from household names such as Elon musk.

Giveaway scams

This is where scammers promise to match or multiply the cryptocurrency sent to them in what is known as a giveaway scam. Clever messaging from what often looks like a valid social media account can create a sense of legitimacy and spark a sense of urgency. This supposed once-in-a-lifetime opportunity can lead people to transfer funds quickly in the hope of an instant return.

Blackmail and extortion scams

Another method scammers use is blackmail. They send emails that claim to have a record of adult websites visited by the user and threaten to expose them unless they share private keys or send cryptocurrency to the scammer.

Cloud mining scams

Cloud mining refers to companies that allow people to rent mining hardwares. They operate in exchange for a fixed fee and a share of the revenue one will supposedly make. In theory, this allows people to mine remotely without buying expensive mining hardware. However, many cloud mining companies are scams, and people end up losing money or earning less than was implied.

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Fraudulent initial coin offerings (ICOs)

This is a way for startup crypto companies to raise money from future users . Typically, customers are promised a discount on the new crypto coins in exchange for sending active cryptocurrencies like Bitcoin or another popular cryptocurrency. Several ICOs have turned out to be fraudulent with criminals going to elaborate lengths to deceive investors such as renting fake offices and creating high-end marketing materials.

How to spot crypto scams?

  • Promises of guaranteed returns: No financial investments can guarantee future returns because investments can go down as well as up. Any crypto that promises that you will definitely make money is a red flag.
  • A poor or nonexisting white paper: Every cryptocurrency should have a white paper since this is one of the most critical aspects of an initial coin offering. The white paper should explain how the cryptocurrency has been designed and how it will work. If the white paper does not make sense or worse, does not exist, then trade carefully.
  • Excessive marketing: All businesses promote themselves. The one way crypto fraudsters attract people is by investing in heavy marketing, online advertising paid influencers, offline promotions and so on. This is designed to reach as many people as possible in the shortest time possible to raise money first. If you feel that the marketing for a crypto offering seems heavy-handed or makes extravagant claims without backing them up, pause and do further research .
  • Unnamed team members: Unnamed team members with the most investment businesses should be possible to find out who the key people behind them are. Usually, this means easy to find biographies of the people who run the investment plus an active presence on social media. if you cannot find out who is running a cryptocurrency , be cautious.

Conclusion

Free money whether in cash or cryptocurrency, or any investment or opportunity promising free money is likely to be fake. 

Investing usually takes time and anyone or anything promising huge returns immediately with no effort, know it’s a scam.

Just think why would they tell you and not do it themselves? 

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Why Bitcoin will go to zero – Harsh truths

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Why Bitcoin will go to zero - Harsh truths

Are you willing to sell your bitcoins if it turns out that this is a CIA projects? Their price can skyrocket and as a result bitcoin will no more be the top 1 cryptocurrency in terms of capitalization. August 2019, bitcoin price fell to 3 cents.

Trader Alistair Milne said he took action and now bitcoin will never go to zero at least on the Bitfinex Cryptocurrency exchange as he placed an order to buy more than 18,000,000 BTC at one cent if bitcoin takes and become cheaper 900,000 times Alistair Milne will buy all the coins that are currently in circulation for some $185,000 and become virtually the only owner of the first cryptocurrency.

Obviously this is more of a joke there will never be as many bitcoinon Bitfinex to fulfil this order, but today I want to bring the subject of the bitcoin fall, let’s try to imagine what should happen so that its price goes to zero or it’s as close to it as possible.

Read our previous article on “Will Bitcoin ever crash to zero? Is the future secured with cryptocurrencies?

Introduction

Let’s start with the biggest secret of Bitcoin namely with its creator, there are many versions of who it might be From Dorian Nakamoto to Elon Musk, there are even those that think they are Satoshi Nakamoto themselves and do not cease to embarrass themselves in account to prove this and among you, my dear readers, there are definitely people who are sure they know the truth about bitcoin’s creator because of 700,000 to 1,000,000 BTC which supposedly belongs to its creator and can collapse the market at any time.

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Without knowing who is behind the first cryptocurrency, we cannot trust it a hundred percent. One of the theories about bitcoin which is very popular and has every chance of being true is that the first cryptocurrency was invented in a secret CIA group bunker, it’s possible that Dorian Nakamoto, Nick Szabo and other candidates for the role of Satoshi Nakamoto together on this project and cannot be recognized because of the danger of disclosing state secrets.

Craig Wright also has his place in the story, he distracts everyone from searching for the real creator, supposed that bitcoin is really a CIA project that was created for the replacement of dollar because they needed to make some illicit transactions but framing the US government so they came up with cryptocurrency which is why the US is the most loyal supporters of bitcoin and although they spread the rumours aboout Donald Trump’s disapproval of bitcoin; the president comes and go, well the CIA keeps working.

Bicoin could be a CIA project

There’s one question though: are you willing to sell your bitcoins if this is a CIA project? You can share your answer in the comment section below.

Such news may strike a blow against reputation. states of different countries should immediately begin to introduce bans and the cryptocurrency market might go down but then this process would stop we would unlikely get to zero because the CIA could in theory have created bitcoin but they cannot control it after all.

Is bitcoin a CIA project

The network of the first cryptocurrencies decentralized as much as possible and the truth about its creators is insignificant, you can’t just put this genie back into the bottle even if you throw a million Satoshi Nakamot bitcoins they will buy them out and the market cycle will restart. How often do you dream of going back in time and buying cheap bitcoins? The scenario I Just described could fulfill this dream.

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How else could bitcoin go to zero?

In social media posts and comments, you will find messages about new coins and interestingly almost all of them intend to become the best cryptocurrency in the future, not only young projects have such ambitions, Ripple supporters are ambitious with their XRP coins, they believe that this is not only the best cryptocurrency but also the future reserve world currency to replace the dollar but since today we’re analyzing the scenarios of the bitcoin future, let’s imagine for a second if some other cryptocurrency overtook bitcoin by capitalization, what could it be?

Ethereum becoming the number 1 cryptocurrency by capitalization will be an unpleasant coincident but it is absolutely not scary in the long run because it is unlikely to make people abandon a reliable means of saving the value in the form of bitcoin, there no, bitcoin is unlikely to go to zero again but it won’t but it won’t be showing on the first line of coin market cap, besides, it is still unknown who will benefit more from the popularity of blockchain platforms such as Ethereum because the demand for tokenized bitcoin is quite high.

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Now we have to talk about the most unpleasant reason for bitcoin which can drop its price to zero. If you go back to the beginning of this article and remember the order to buy 18,000,000 bitcoins at once, do you think it has any commercial sense? It actually does because the so-called flash crash happens when the market instantly drops and returns just as quickly and such an order may be partially complete.

Around August 2019, bitcoin price fell to 3 cents as a result of a failure, and orders for 48 coins were processed at this cost, the profit from the transaction exceed 3 million dollars, of course, cryptocurrency exchanges are practically not accountable to anyone can always cancel such operations well so as not to pay out of pocket but in theory, similar situations are possible, what’s also possible is the speculators pressure on bitcoin which will not allow the market to continue, the familiar cycle and help the price to set a new maximum.

Conclusion

I hope I didn’t scare anyone too much, drop your comment below.

Notice: We put a lot of hard work and research before writing this article, if you must copy make sure you link back with a do-follow link.
You will be reported to DMCA and other relevant authorities if you copy this article and ignore to link back to the original source.

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