Cryptocurrency Beginner's Must-Read: 8 Ways to Earn Your First Fortune from Scratch

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Investing in Memecoin is a gamble, but it is also the easiest way to get a 100x return.

Author: Dami-Defi

Compiled by: TechFlow

I quit my job and devoted myself to cryptocurrencies during the bull run of 2021. I have experienced success, failures, and lessons.

Being new to this space can be confusing, but with just a few tips, you can go from $0 to $10,000 in a matter of months.

How to make your first fortune in cryptocurrency?

It’s a common perception that all you can do in the cryptocurrency space is invest, and that you need thousands of dollars to start.

In fact, you can even start making money from $0.

In this post, I show you 8 different ways to do this.

They include:

1. Airdrop

2. Contract Trading

3. Freelancing

4. Ambassador Program

5. Memecoin transactions

6. Free NFTs

7. Strive for potential whitelists

8. Earn while playing

let's start.

1. Airdrop

As an early supporter of a crypto project, you will receive free tokens.

You are usually asked to perform simple tasks such as:

  • Testnet: Testing the project before official launch

  • Registration: registering and/or using a specific service

  • Community Involvement

Sometimes, something as simple as sending a “GM” message in a project’s Discord can net you a bounty of up to $20,000, as was the case with the $RBN airdrop

2. Contract Trading

Before I say more, let me say this is not for everyone.

The market is very unpredictable and you need to have a good analytical eye.

Also, be careful with leverage - I never go over 5x.

Here’s a tweet that may help you.

3. Web3 Work

Creators on X and your favorite projects are always looking for help.

With the following skills, it’s easy to find a Web3 job.

  • Ghostwriting

  • graphic design

  • Community Management

  • Social Media Management

  • Content review

See tweet for details.

4. Ambassador Program

The Ambassador Program is lucrative, but not easy.

Your task is to help the project with community engagement and promote it.

You don't need any startup capital; all you need is your time.

To find ambassador positions, join the Large Project Community.

Follow their X, join Discord, TG, etc. Then ask within the community if there are any ambassador opportunities.

If so, get involved.

5. Memecoin transactions

Investing in memecoin is a gamble, but it is also the easiest way to get a 100x return.

You just have to be in the right place at the right time.

Here is another tweet that will help you with memecoin trading.

6. Free NFTs

There are many ways to get free NFTs:

  • Completing tasks earns you NFT Mints, such as Galxe OAT. For example, Aptos gave away $3,000 in $APT

  • Free NFTs with Airdrop Potential

  • Gambler NFT: It is also free, but it has the potential to increase in value by 10 to 1,000 times.

7. Strive for potential whitelists

If you have $1,000 of spare cash that you want to grow, popular NFT minting and token sales are your best options.

But even if you don’t want to invest money, you can still participate for free.

The trick is to get your entry into the sweepstakes before the sale starts.

How to do that? You need to actively participate in the project's community activities.

8. Earn while playing

P2E games are huge in 2021—but they’re not that fun.

4 years later, they are now even more immersive and enjoyable – you can have fun while making money.

You can get NFT or token rewards.

For the top 21 P2E crypto games in 2024, please refer to:

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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