June 7, 2021

This is the continuation of my article,Different ways to earn money at crypto space and their risk. As I've said there are still a lot of things you can learn how to make money in the crypto space.

Image Source: Unsplash

To make money at crypto successfully, you have to learn how to do it and know the risk so you can calculate your actions if it's worth the risk or not. Crypto is not friendly in some ways if you do stupid actions and mistakes. Learning should be your priority before thinking about earnings.

Ways to earn money at crypto Space

In the recent article, I discussed catching airdrop, blogging, or writing articles, as well as yield farming, staking, and lending. In this article I will try to discuss the following;

• Faucet Claiming/Mining

• Token pre-sale

• Crypto Games

➡️ Faucet Claiming/ Mining

Image Source: trybe.one

Faucet claiming and activating mining on several exchanges can give you a free crypto coin. You just have to claim every hour, once per day or every 4 hrs, depending on the faucet or mining guidelines.

There are a lot of free cryptos you can earn by claiming them in the faucet, but I will only give some since that's the only thing I claimed.

How to claim free crypto in faucets? Or Mining?

• You have to sign up on a certain site that will let you claim tokens per hour, per day, or every four hours.

You can claim free crypto here just click the link and register;

Pipeflare.io - you can claim free ZEC, DOGE & FLARE tokens

GlobalHive.io - you can claim free ZEC

FreeBitco.in - you can claim free BTC

BCH Click Bot - you can claim BCH

Stormgain Mining - you can mine BTC but will be converted to USDT once you withdraw it.

• You just log in every time so you can accumulate those free crypto.

• Stormgain needs to reach $10 USDT before you can use it for trading. Once you gained enough from your trade you can finally withdraw it.

• Globalive and Pipeflare are directly sent to your wallet while the rest needs to reach the minimum amount before it will be withdrawn.

• BCH Click Bot will let you open links or ads after watching it for at least 10-20seconds you will be rewarded with BCH satoshis.

Risk in faucet claiming and mining?

Faucet claiming and mining needs time before you can accumulate enough. But it's better than nothing because it's only free, you just have to log in and collect them.

➡️ Buying Token Pre-sale and sell when the token/ coin finally went live

Image Source: newsbtc.com

Pre-sale of the token is being performed by some crypto projects before the initial coin offering (ICO), tokens are sold to interested investors at a certain price or lower price.

This way both parties can benefit, development team and the investors if the project will be successful. The project developer will have enough funds to finalize the project while investors can acquire to have the potential coin that might be worth a lot more in the future.

Developers may also perform a pre-sale to create buzz ahead of the ICO, hoping for a price surge when the asset goes public.

How can you earn money through that?

Simple, usually when the project goes mainstream the demand will increase causing the price to surge. If you can buy the coin during Pre-sale probably you bought it at a very low price. Usually, investors who participated in Pre-sale on a successful project will have huge gains.

 How to join Token Pre-sale?

• You need to follow the project social media accounts such as Twitter and Telegram, they will be posting their project development and the schedule of token Pre-sale.

• You need capital for the investment, of course, because you have to buy the token/coin.

• You need to be alert and be updated about the project.

• Sell when the coin went live at a reasonable price where you already gained from your investment.

Risk joining Pre-sale?

The major risk of joining Pre-sale is that when the project fails. Investors will be owning a lot of worthless tokens and did not able to make a profit from their investment.

Another thing is when you aren't able to sell the coin directly when it went live then whales going to offload of their holdings and dump it, you will be left behind owning shitcoins.

This token Pre-sale is usually popular in shitcoins that will be listed on DEX (Decentralized Exchange) because they can list a token without audits.

Source: Coinmarketcap.com

Caution: You can make money with token Pre-sale for how many folds of your investment but you should be quick or else you will get wrecked. Be sure to join the Pre-sale of solid projects that have good fundamentals and not shitcoins!

➡️ Crypto powered games

Image Source: Pixabay

There are a lot of games that are also powered by cryptocurrency. You can earn crypto by only playing games. If you don't want to spend your own money buying crypto coins, you have the option to get it free aside from faucets, blogging, and airdrop, you can also collect it via playing games that pay you a little with their associated token rewards for their players.

If you love playing, why not play a game that will pay you a little instead of getting nothing? Like playing mobile legends or other popular games that don't give you a penny?

How to earn money by playing crypto games?

• There are a lot of games you can find in the Playstore or in the Appstore that will pay you in crypto.

• You can search it directly on the Playstore or Appstore or via Google, like “crypto games” and a lot of game suggestions will appear.

• You need to sign up for a certain game you wanted to join.

• Keep playing the game so you will meet the required amounts for payouts.

(I don't play games in crypto so I cannot recommend you a certain game if you want to play crypto-related games just DYOR).

Risk in playing crypto games?

The risk of playing the crypto game is your “time”, it needs more time before you can collect enough crypto that will meet the required amounts for payouts purposes. In this case, you must enjoy the game, or else if you only play that game for earning purposes, you'll get bored later on for not reaching the required amounts for payouts directly or not getting enough money on that game.

I was once playing the “Bitcoin Blast” it pays Bitcoin satoshi if we played the game. I also played “rollercoin” that pays different coins such as BTC, ETH, Doge, and more but I stopped it for the reason that it takes a lot of time or it will take long before you can consider you earned by playing it.

Related Article:

Different ways to earn money in the crypto space and their risk

Closing Thoughts

There are still three ways left on how to earn money in the crypto space and I will tackle them in my next article. This is part two of my mini-series article about how to earn money in crypto.

If you'd like to learn more then stay tuned for the last part of this series.

Thank you for reading!