Here are 5 ways to get crypto when you have little money

It can be very frustrating to hear about cryptocurrencies when you want to invest but don't have the capital to do so. Many people are in this situation and it is important to know that it is not dramatic.

Indeed, there are several ways to make money with cryptocurrenciess and there are also ways to earn cryptocurrencies without even having capital.

Obviously, these methods will not make you a millionaire overnight but you will have opportunities – nevertheless – to earn tokens which can gain a certain value over time.

Let's see here the methods that can help you get cryptocurrencies without spending your money.

1/ Find a job or offer your services as a Freelancer

If you don't have capital to invest and are interested in Web3, then maybe you should consider changing careers. Maybe you should jump into this new world because we are still in the early days of adoption and opportunities abound. You can working in the field of blockchain depending on your current profession or follow training to acquire new skills.

Likewise, you might consider to become freelance for example, especially if you have skills that allow you to do so. For example, if you have skills in graphic design, web writing, development, etc., you could perfectly offer your services and be paid in cryptocurrencies.

There are many Freelance platforms to get paid in cryptocurrencies and you could register on a decentralized platform like LaborX for example.

2/ Become an ambassador for a new project

This method is relatively close to the first one and allows you to earn cryptocurrencies without investing. It involves becoming an "ambassador" for a crypto project. Many projects are looking for what are called "ambassadors" and this is particularly the case for new projects.

Being an ambassador means that you will work as a promoter of the project. This means that you will have to create content on networks or carry out translations or other tasks of this type. Typically, the job involves representing the company in your country. It’s a way for companies to get their first foothold in a target country before setting up shop.

For the status, it will depend on the project. Some will offer you an employee contract while others will offer you voluntary work. In this case, be careful. Even if it is volunteering, you MUST be paid. It's a job like any other and you must not let yourself be misled by the management teams.

3/ Airdrops and “giveaways”

We could have started with this method because it is often airdrops what we think of when we talk about earning cryptocurrencies for free.

This involves receiving tokens from a new project for free (or almost). It is indeed an optimal method, in theory, to obtain cryptocurrencies without investing a cent. There are specialized sites that list aidrops like AidropsAlert.com for example which is one of the oldest sites.

However, aiddrops have evolved over the past few years and especially since 2021 where aiddrops have become mostly hoaxes. Many airdrops today are pure waste of time and covert promotional work (Cf le shilling in the cryptosphere) ...

In fact, aidrops were originally used to reward early adopters of a protocol or project. So, when the project was launched, only disinterested users would receive “gifts” from the team. Similarly, token distributions were only done once the protocol was well launched and had enough real users.

However, for some time now, airdrops have been distributed even before the release of a project. In fact, marketing teams have hijacked the initial function of airdrops. Today, many crooked entrepreneurs take advantage of this to attract users to their projects. Users – waiting and hoping to receive tokens – will then share with their friends and their friends with their friends….You know the rest. They will promote for free and sometimes on scams…

Finally? Only the influencer and the project developers are winners. Sure, they can airdrop tokens to you, but most of what you receive will be meaningless tokens with no value, or even coins. shitcoins... You will have wasted time and energy enriching people other than yourself…

Be very careful with anyone who offers you certain giveaways...As you know, if it's free, you're the product.

–>You can read our article to find out the expected airdrops of the year 2023.

4/ Invest in projects (launchpad and ICO)

This is a method that requires an investment. However, an early stage project sells its tokens at a lower price during what is called a ICO (Initial Coin Offering)).

For example, if we take the example of the ICO of the cryptocurrency ETH, you should know that ETH was sold during the pre-sale at 30 cents, in 2014.

• This means that a person who invested just $100 in ETH would have obtained approximately 333 tokens. Today, the price of ETH is around $1800 today and saw an ATH of $4,800 in September 2021.
• Thus, the person who would have bought ETH at 30 cents would have today – at the time of writing this article, would have recovered a whopping $60,000. That’s telling you…

However, you should know that these incredible returns on investment are ultimately exceptional in the world of cryptocurrencies. It even seems more like luck than a real strategic calculation. Especially since the bear market which began in 2022 came with numerous scandals that damaged the image of cryptocurrencies. Many people have lost the confidence they had in cryptocurrencies. In fact, finding a period of great increase can turn out to be a long time...

So, you should know that it is certainly an interesting method, but it is above all a risky method. Indeed, the return on investment can be very interesting but you must not forget the risks you run.

Note: You should know that today, there are several forms of token sales in the initial phase. For example, there are STOs, sales on the launchpad and especially IDOs which are carried out by centralized platforms.

5/ Make DCA (Invest every month)

If you don't have a lot of capital, you might want to think about saving. The beginner's method consists of doing DCA (Dollar Cost Average). This involves investing the same amount regularly throughout the year and thus building up a bitcoin savings. So, for example, at the start of each month, you can decide to buy a cryptocurrency such as bitcoin for $50. The amounts and recurrence depend on your choice.

This method is highly appreciated by people who do not have time to observe and follow the market turmoil. On the other hand, this method allows you to smooth and average the purchase prices of your cryptocurrency. Thus, if the price of your cryptocurrency is subject to strong volatility, by following the DCA strategy, you will be able to smooth the price and buy it at an "average" price.

There are several simple sites for doing DCA like MtPelerin, Relay App, a Swiss company, or bitstack.

👋 You can have a 0,5% reduction in your fees by registering on Relay App with code: REL80867.

Final word

Of course, this short list of methods to earn cryptocurrencies when you don't necessarily have a large starting capital is not exhaustive. There are other methods to earn cryptocurrencies that we have not deliberately mentioned because the gains are "relative" to the time you will spend on them like the move-to-earn applications, faucets or streaming platforms like Fountain which make you earn satoshi by listening to audios, etc.

Likewise, there are methods that can be attractive such as bitcoin casino or, sports betting in bitcoin, but these are not recommended methods if you do not have capital that you can lose. It is better to win a little, but safely, rather than taking the risk of losing by looking for quick gains.

See the video version of this article:

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Note: Note: This is not investment advice. Always do your own research (DYOR). Only invest amounts you are willing to lose. Trading is an activity that involves risks of loss of capital.