Make money with torrents possible? hell yes, some of us still do very well but it's tougher now than it ever was
(been torrenting since '08 and would give anything to go back to the "good old days")
for sure 99% who try will give up almost immediately due to initial failures
Also, most of what you will find here on BHW in terms of methods
are no longer any good at all. Don't bother with passworded rar - fill out my lame cpa/content locker junk methods. or anything that forces end user to perform some extra action - they will just be pissed and toss your file then download another one
(dsl/cable make it too easy)
First step: generate an idea for a method. Consider that with torrents you could conceivably have thousands of people download and launch the files you share everyday ..let that sink in for a bit.
Then make a quick list of the basic ways people make money online until you are familiar with the basics, then expand that list out a bit until you have a nice overview of various sucessful methods
Then ask yourself how you could use a large quantity of traffic to assist in one of those methods (or drive it completely).
If you give it enough consideration it should start to become more obvious how you can incorporate torrents into the mix and make it profitable. Most likely this is also going to take some custom tools so if you don't have a budget for that then torrents might not be the best place to start.