Bitcoin Forum

There are 3 options to profit in the cryptocurrency industry. according to my version like this:
 - Trading: It is called a way to get more money by trading cryptos, either by transferring between them or by providing exchange services.
 - Investment: There are many cryptocurrencies with a good future, but I only recommend Bitcoin and Ethereum.
 - Gambling: sometimes beneficial and sometimes detrimental. I don't recommend it at all (risk high)
Don't invest yet until you're able to understand the whole concept of cryptocurrencies and how volatile this market is.
There is a process before you can do that, however, you can start by buying bitcoin with around the smallest amount that you can test to see how it feels like owning it but you won't feel the fluctuations since it's just a small amount.

Cyptocurrency investment is fairly at high risk. There have been many stories that have lost their money when the price of cyptocurrency freefall.

Cyptocurrency trading activities have increased every year along with increasingly the many variations of the coin offered. The increase in activity was also encouraged by the emergence of the increasingly diverse Crypto Exchange Platform.

You are wrong to make a profit in the crypto industry in many more ways.
-You can still create a project and make money on it if people are interested in it.
-defi, in this sector you can make a profit while bearing not big risks it looks like a bank only money is in a smart contract and not in a bank.
-You can also get money through Bounty programs or Airdrop. And i just ran over the tops.

But it was also a risk and with fiat money you can also do those things, some things that comes to my mind that was an advantage of the fast and cheap transaction as well as ability to make investment, gambling and trading even using mobile devices and you can do it anytime and anywhere as long as you have internet connection.

For now the best thing to make a profit in crypto is just trading. Trading gives us several options that we can do or depending on our taste. Not just Bitcoin and Ethereum, but there are some other good coins for us to choose from namely Binance Coin, Polkadot, and other top coins.

It is true that there are advantages to be had from cryptocurrencies. Choose good projects and continue to practice skills while trading. Be patient and don't be careless with market conditions. Cryptocurrencies actually have many advantages, especially when it comes to economics. Even when you trade there you are also invited to learn to understand the types of markets and other information.

Whatever the investment instrument, there will always be small or large risks. Likewise with trading.
Everything is determined by how expert you are in that field.
And to become a professional trader, patience and discipline are two very important things that are needed.

Risk and profit are two elements that cannot be separated when trading. Of course, traders need an understanding of blockchain and learn the basics of the target cryptocurrency in order to be successful in trading.
Not only that, traders also have to develop a careful plan so as not to make the wrong decision.

Yeah, Bitcoin and Ethereum become very good investment instruments. Before making an investment, some novice investor expect big profits at the beginning of investing. This is clearly impossible, because their ability and knowledge about cryptocurrency is still very limited. For this reason they have to make targets according to their wishes, and of course they have to stay consistent in order to get maximum results in cryptocurrency investments.

Gambling is like a match of fate, gambling can bring good luck if they win the game and will get big enough money. But in fact behind all the fun there are many negative impacts.
-  Gambling players will experience DEPRESSION when they lose and lose large amounts of money.
-The most tragic thing can happen when a gambler makes all the money he has as a bet that ends in defeat, when a gambling player loses his property or is unable to pay the borrowed money used to play gambling, this makes them vulnerable to SUICIDE.
- When gambling players are addicted to gambling and do not have any assets, they will think of alternative ways to earn money fast, This condition encourages gambling addicts to STEAL other people property as capital to play again.

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in my opinion, Gambling is not the right way to make money, because no gambler always wins and never loses.

If you talk about advantages about this industry, well there's a long list of if like you can protect yourself from infation, manageable coins without the need of intermediaries, fast and easy transactions and secure.

Well as you state, yes trading and proper investing of your chosen altcoins is a must thing to do in this industry. But it varies on how expert you are and how you studied your chosen field. Gambling isn't for profits because there's no assurance on it.

IMO, of all the three ways that you mention, I believe trading and investing are better because the risk can be minimized by choosing the right platform to invest your asset, while when it comes to gambling I disagree with it because I believe gambling can bring more harm than good. and of course, it was very addictive thats why can put your life into misery and problems.  

I don't think that's all, I'll add what you can do to make a profit in crypto:
1. NFT: you can sell your work to the NFT seller's web provider and you will get paid in the form of crypto.
   and vice versa you can also buy other people's NFT and pay for it using crypto. an example that provides NFT buying and selling
   Binance, Bake, Jojo and many more
2. Trading in "future" with you trading here you can also get profit in crypto quickly but if you are wrong in
 analyze then your money will be lost. The concept of "future" in crypto is similar to trading in forex, but what is traded in this future is crypto.
In my opinion, there are 5 options that you can do to make a profit in the crypto world.
I think to start not only through bitcoin, because the price of btc is now too high. if for beginners, you can try investing in coins that are in the top 10
the best coin with a large market cap. crypto is not just btc only, many other coins are good and can be invested.
multiply references and information before entering crypto

In trading, it's attractive because upon hearing it makes you a genius and cool. But not everyone who takes a share in trading and trying it out are becoming successful.
There are more people that even have bad experience through it and that's why you have to be good in what you do and don't just invest because you're hyped.

     Indeed there is quite a wide variety of advantages on being in the crypto currency industry and some of them you have already mentioned. But trust me, there are even more ways out there you just have to search for it. Specially now when defi and NFTs are present. In fact, some of my friends and relatives are taking advantage of the early stages of defis and NFTs and believe it or not, they are actually very profitable in doing what they do.

That's the most basic how it works in crypto, but not everyone will be able to make a profit like you said, trading is said to be a move to sell and buy coins which at any given time, Investments are pretty much what we can do now in crypto, not only in bitcoin and ethereum, because these two coins have a fairly high purchase value, so not everyone can make purchases and gambling is the biggest level of risk from what you mention, almost everyone will not dare to take that risk, the concept of cryptocurrency is very important for you to know, otherwise what is done will produce nothing.

this can happen and can only be done by certain people because until now there are still many people who still don't understand how TA is and how to use the features in trading correctly. and trading is a skill that not everyone here has.
Trading requires carefulness in making TA because here instinct is not needed and everything must be in the form of data so that at least you can have a clue.

trading and investment is the basis of entrepreneurship the advantages of using crypto are broader and are an asset that can support one's economic life or others ,when someone build a business or any job crypto also can be used as a means of payment more efficiently ,the gambling industry that I know is the same as trading there are analytical techniques that must be learned

Where are your advantages in the cryptocurrency industry?  It seems your title on this thread is irrelevant to the content.

If we're talking about the advantages of crypto, there are a lot of them to mention but I think here is the real purpose why these cryptocurrencies existed in the market and it could be also the reason for the mass adoption.

Here are my major advantages of using cryptocurrencies.

• Decentralized
• Hold ownership
• Easy transaction
• Can be profitable

I think that's it, the last part of being profitable is where you explain how to do in cryptocurrency and in your statement above.  In all you mentioned is that the way how to get profit, gambling isn't the right way of obtaining profit.  It's high risk compared to trading, but I think the opposite side on that where you always have a guarantee to have profit is staking your Bitcoin, it's a little risk but in the safest way.

By the way, don't forget the golden rule of cryptocurrency.
Not your keys, not your coins.

Not just bitcoin that you can buy in small units, every crypto is.

The problem with so many newbies is that they thought this is a get rich scheme. They trade which they think is easy, or invest and hold, but most of the time they lack the patience.

As for gambling, there is a big risk there, yeah you could get lucky and win sometimes, but once you got the taste of it, you might be greedy and play for more and that's where you gonna lose all your money.

So I would say that crypto is not for everyone.

This is where a lot of newcomers are getting it wrong. The concept of getting-rich-quick when you enter in crypto.
So they find out quick once they got in, that it is not a walk in the park earning your profits from crypto.
Patience is needed in this market, and experience to survive in this market.
But for some who got lost their funds at the start, they usually quit and spread misinformation.
So yes, this is not for everyone. But lucky for those who will stay, as they uncover more benefits that it will bring to their life.

This is incorrect, you completely left out DeFi and yield farming. This is a big deal because most people can make more money farming on a platform like Ubeswap or Ref Finance than they ever will trading or gambling.

Yup, investing, gambling and trading all comes with risks. Before you go into any of those things you have to be sure that you understand the risks and also knows how it all works. Gambling has a lot of risk but you can also learn,because knowing what you’re doing actually puts you in a better position than someone who doesn’t have any skills and experience. But, I also don’t recommend gambling to people and I don’t do it as well.

I do investment and it has been working really well for me since I started it. Trading is not an easy work for just anyone to do, it’s a lot of work and you have to learn the technical skills or else you’re going to be losing your money in the market on a daily.

Without those two, it is included in the group of greedy traders who will issue a lot of complaints.
In the analysis, there are factors that I think are very decisive, namely the level of accuracy in choosing the right time. The right time is very important for people who work as traders to pay attention to.

Well, that's good, but don't forget about bounty hunting, airdrops, staking, NFT contests, PlayToEarn gaming, ambassador programs and incentivized testnets :)

Every choice always requires risk, and the choice will depend on who we are and our goal.
If we are investing in crypto, I will prefer only investment in the top coins that have a good use cases or fundamentals. So the prospect for the future will be still worthy because one of the risks of long-term investment is the dead coin. That is why we must be smart and wise when choosing coins.

Well, actually while investing we can also do staking or savings that can make us earn some money from this option.
About trading, it is also risky, but we can less risk by spot trading.

I think if we aim to make profits in a certain activity, it will always have its own risks, either we take it or leave it.

There are really advantages staying in this crypto industry like what OP stated as there is investing, trading and gambling. All can give us profits but they are capable too of losing our own capital. So its always an advantage if we can invest in those solid and well established coins like bitcoin, ethereum and BNB. And when we think its a good time make profits, then we can start selling at the most reliable and legit exchanges. While in gambling, there is a high risk, and only those who are good in guessing and more on luck will be more profitable in gambling, otherwise your losses will be much bigger than your profits.

Of the three options for profiting in cryptocurrencies, only one does not interest me, namely Gambling. Gambling is very close to loss or defeat even though there are also big wins. Only investment and trade can provide benefits according to our will to regulate big or small rhythms. Risk remains in those two things (Trade and Investment).

For me a big advantage is that i can get a large percentage of providing liquidity on the uniswap exchange. I can get more than 10% on stablecoins and other couples can get even more, i can get an impairment loss but as for me is much better than bringing money to the bank at 2%.

If you have a favourite game, you can earn money from that as we know that NFT games offer this to many gamers to earn reward and sell it in the exchanges. But the investment can give you a big profit in the future, especially if you can invest in bitcoin because many people predict the price will be more than just $100k in the future.

Trading can be a source of income but you need to learn more about trading so you can be able to select the coin to trade. While gambling can not be the way to make money, many people have already tried to earn money from gambling, but they lose their money.

Trading will be the same as gambling if you enter into it without knowledge and always think trading is a way to make assets grow.
Investment will be less risky if you can own the right coins which are already traded on many exchanges with high trading volume, but if you invest in new projects or new coins it will be a different story, can give profits or contrary your investment becomes ashes.

But most of the time Trading and investment is the main thing for us to earn here in cryptocurrency other than this thing nothing else.
And there are a lot of altcoins that are on top in the market in which is good to buy aside from Bitcoin and Ethereum, in fact, Bitcoin and ETH are both reasonable good only for long term holdings only in my own opinion only.

Altcoins can give us bigger profits even with short term holding, but definitely it has a higher risk. But for bitcoin and ethereum, they are more on long term holding because their value consistently making a price surge until it finally reaches their new ATH, and that's the time a huge profits can already be gain. Although it takes time before they reach their new ATH, but we can guarantee that they are really heading towards it.

However, if crypto has a lot of advantages, it has also its disadvantages. If crypto can make us rich through our hard earned profits from long term and short term investments, it can also be a reason why we still end up totally poor. Losses are inevitable if we are not careful with those coins we are putting our capital. So invest only on the amount we can afford to lose.

Most newbies are already fond of starting trading when they have got no single experience, and it is the reason why they lose their money, then you will see them saying that cryptocurrency is a scam, and the next thing they would decide that they are quitting. They simply gambled with their money without knowing it. So, it is very important that they learn about it before they go ahead to start trading, because trading carries too much of risks in it.

And as for investment, I think there are also new coins that are good, but you will rarely see them. Since I started investing in cryptocurrency, I am not the type that looks for new coins to buy, I rather buy the old coins that has been around for long and already trusted.

Exactly, That is why, everything always has risks, even in the crypto world or in the real-life, moreover about crypto.
Crypto investment, trading, and other activities will always have their own risks.
The difference is in how high the risks are and the probability of the profits that we can earn by taking the risks.
What we must do is be able to manage the risks, face them, and also minimize the risks by doing some analysis and research, good management of the funds and risks itself.
It may be not easy, of course, will not be easy, But this is what we must face, once we are in the crypto world, we must be experiencing these situations.

maybe for my personal opinion would exclude gambling. although the level of profit opportunity is very large <if your capital is large and DYOR> but you also need to know that the level of risk is greater than the return you want. I've heard that when someone decides to gamble to get a big profit but luck is not on their side, they end up losing in a short time and lose a lot of money.

These three points that you mentioned are not without risks, so before investing or trading any currency, we must realize that the market is volatile and we must know the future uses of any currency and the extent of the impact of economic events and influencers on the currency and that investment and trading may increase our wealth, but it may cause us to lose all our money at once and I don't recommend gambling at all if you don't understand it well because for me it carries a lot of risks.

There is an edge if you are educated on how and what to look for a Cryptocurrency, there are a lot of advantages if you know the right description of a good coin, you can invest in coins with good potential you can turn down coins that are considered to be pump and dump and there's no contribution to the community, trading and gambling are risky unless you can take the risk and spend time to learn how to do it right.

Now meme tokens are very popular because they allow earning even more money than buying other coins and tokens.
A lot of people pays attention to meme coins because it is funny and profitable, like this https://twitter.com/defidotoken/status/1438810085636116482

Cryptocurrency has a full of risk once you decide to invest or buy any of the altcoins here. But once you are well knowledgeable
and well verse in crypto space, earnings here is good as long as you know what you are doing and entering at too.
And for my experienced Trading is the most advantage things where it it was my main source of income here second was Investment in some
of the new projects arise here in this field of business.

Yes, I prefer doing investment and trading to gambling because you can use trading as your main income while making more money from the investment side. But all of that will have risks and we never know what we will face in the future, but we can prevent loss in trading by learning many lessons about trading and if we don't sell our investment, we can have a chance to make a profit.

These are not an advantage of cryptocurrency "industry". You can literally do these with fiat money. You can trade stocks, you can make investments and gamble with fiat.
And what do you mean by transferring between them and providing exchange services? You make everything sound so easy. Bitcoin and Ethereum are indeed good investment, but there are also other altcoins that have a good potential. Do your research and find them. And I don't think gambling should be on this list.

I think even if you are knowledgeable and well versed in cryptocurrency, things are just not simple as they are since they all involved risks. And if you want to earn, you have to take all the risks.

However, the advantages in crypto industry are not really those trading, investing and gambling since we can also do them with the use of fiat. I think its more on crypto is decentralized, even volatility alone is an advantage too in crypto, and the fact that  crypto coins have higher value compared to fiat or gold, or in any asset. And since they are more valuable, then the profits are much higher too than those profits we made from fiat's investments.

So far what I’ve been able to do in the cryptocurrency market is just to invest and to trade, gambling has never been an option for me. Sure there are people who have been able to make a lot of money from gambling, but it still carries a lot of risk because you're not sure of what is going to be the outcome of the game you're playing. And it becomes worse when you are addicted to it.

So, I would advise anyone to stay clear from it. Moreover, I only hear stories of people who earn from it, but from experience of people I have seen it is usually not worth it. So, I said that it’s only favor just a little number of people. Best thing to do is just to trade and to invest, any of these two that works for you.

Cryptocurrency provide an amazing opportunity to buy,  invest and participate in Cryptocurrency space without having to use a third party or qualify or even regulated to do so.  It is a very awesome development and powerful empowerment for individual. The advantages of Cryptocurrency is beyond just trading, investing and gambling,  it is the freedom to do these things that is important!

As a small part of the advantages of the cryptocurrency industry I agree with what you said, namely trading and investing in cryptocurrencies, but if for gambling it is not an advantage in the cryptocurrency industry because big losses often occur if luck is not on your side.  

Trading and investment are NOT two different things in my perspective but if you want to allocate your capital for these two then you can manage your portfolio with respect to these and then you can calculate your profit/loss accordingly. When you are talking about an industry, I guess trading and investments are same but with slight different timeframe.

Yeah, when we are talking about whole industry level then we cannot talk about simple applications like gambling. But as per OP, it seems that only exchanges and gambling are the sectors we got after cryptocurrencies but in practical whatever we can do with fiats, can also be done with cryptocurrencies.

With cryptocurrencies, businesses can be in control of their transactions and funds without having to defer to a centralized organization. Customers will have a far more convenient way to pay for various services and products, and transactions don't need to get past any credit clearances either in this case.

Meme coins are actively promoted, that is why they are so popular. Many people buy meme tokens hoping for future growth in price.

Trading and investment are different in the "idea" of it and not while doing it personally. When you are trading that requires a quicker buy and sell, investment usually means longer buy and sell.

So, if you are buying something today and sell it within a week then you are still just doing a buy and a sell, but it is within a week so it is considered trading. Whereas when you are investing that usually means you buy and sell 3 years later, you still only buy and sell but at the end of the day it is something that is similar. Sure it is only the time that separates them but the action is the same, however we name them differently for us to understand it better.

Of the 3 options of your opinion in profiting in cryptocurrency.
Option number 2 became my favorite.
I've been happy and feel lucky enough to invest in bitcoin and ethereum all along.
But to start investing with cryptocurrencies of course we have to study and observe the movement of coins that we believe grow in the future.

Misconceptions from investing as many consider short term investment is much better than holding your asset for longer time frame.
Both ends have a good benefits, as long as you know what you are doing the outcome will be likely favorable to your capital.
Cryptocurrency provides us a good venue for both trading and investing, you can buy and hold till you reached your target profits or you can spend your time monitoring the market and perform a short term trade and keep repeating to earned more.

I understand that most of us had come to crypto and put money in here because of thinking of a profit. We can't deny it but that was not the sole reason why we came here. We don't just think about it only, we also have to think that we can make use of this as an alternative to fiat money which actually the main reason why it was created. To have it used and fast transactions gives more advantageous for us and that supposedly what it intends to be. But unfortunately, it was not at its realization, we valued and take advantage of crypto as a pure investment, not a currency.

My strategy includes long-term investment and a pinch of gambling.
I hodl some mainstream currencies. Actually, I invest not only in Bitcoin and Ethereum but also in Matic, BNB and Polkadot as I consider them to have a good future as well.
As for by risky activity, I do staking and farming on some platforms that give me big APYs, so they seemed to be really risky.

The biggest wins are from gambling no doubt. However this not completely a true statement either. The person who is taking the risk does lose some money in gambling too before they hit a big win. Similarly a traders will have wasted bitcoin on buying shitcoins before getting a good price to sell on. Both are different types of risks though. Gambling can be EV- or EV+ but Spot trading is EV+.

What is the reason for that? I can give you the counter-agrument though; While several other altcoins do exist, the cumulative profit that can be obtained by randomly selecting a few of them is much lower than the top five coins. Therefore reasonably speaking, one should avoid the list below the top ten (maximum).

1. You will benefit from trading if you are good at analyzing the market, this is very difficult because crypto prices fluctuate, when you trade you need to have experience and be able to control emotions so as not to get hit by FUD.

2. There are a lot of coins and you can see the farming platform with the amount of APY you want as in this list
https://coinmarketcap.com/yield-farming/

3. Gambling in my opinion is a game that requires a level of Hockey or luck, I use the Betfury platform for farming and withdraw the profits I get to gamble in some games, because it's a game, so winning and losing is a normal in gambling

That is true that gambling is so much risk because we don't know what is the result. Although investment and trading is risky, the gambling is riskier. I choose to do investment sometimes than gambling. In investment there is a chance to win always specially if I join the potential project. In gambling I cannot guarantee to win always despite of my predictions. I choose investment because it is one with high advantage.

Of the three options, trading is indeed the right choice to get a lot of profit. But, if you are going to trade, you must also have the ability to analyze, high flying hours, if trading is carried out as long as you don't make profit, you will lose.

Promotion is necessary for all projects not only for meme coins. Now meme coins usually are used only for speculations.

Are you new to cryptocurrencies? What kind of gambling as a form of earning? Earnings where there is strategy, market and volatility. The best kind of investing is venture capital, early stage investing. They used to be called ICOs now IDOs (pre-sales of tokens).

Meme coins spends a lot of money for promotion. It is very important to attract attention to meme coins and promote them to create demand in the meme coins.

Trading in crypto is considered gambling until one understand the basic concept that guide it. It is very important to understand all these key factors before starting, either way the market will drag you closer, collect the little you have and have you kicked out.

But once the hype is over, you may possibly be the holder of worthless tokens. This is the dilemma of holding this kind of token, you are unsure with their future, or will there be a future for this token? If you want a lil bit of insurance, you can allot some to established coins like btc. Don't go all in in meme tokens because they have a very doubtful future.

They gonna hold for nothing, this is what mostly happens.
I assume that those who invest in meme coins could already have an exit plan once the market turns to bearish again. Having the chance to sell them at high is an opportunity because once the hypes are over, recovery has become uncertain and I'm worried to think of how many newcomers, new investors will lose their money and cry in vain. Market anticipation is somewhat important and must not be ignored before it is becoming late.

Where there are many advantages there are many risks. Before taking advantage of anything there is a need to take advantage of the maximum risk there. Cryptocurrency is not easy to survive.Here you have to survive with the highest ricks. Then if you can work in cryptocurrency the most benefits are available here. Here you can do everything in moments.If you use your fortune you will become the owner of a lot of money in a moment.You can transfer millions of rupees in nanoseconds.Here you can work all day.

There are a lot more reasons to stay in crypto because of its own advantages rather than staying in fiat all the time. Since its decentralized, you can make millions of money without having traced by the government. And knowing there is high profits in crypto than in fiat, no wonder there are more millionaires in crypto than in fiat. And when we talk about the security of your money in crypto, its totally built safe and secured because it can't be hacked or stealed, unless you are irresponsible of your own account and you came up sharing your private keys.

Nice advice but for me no need to wait to reach the capability to understand the whole concept of cryptocurrencies and how volatile this market is. Basic knowledge is enough to start and for people to fully understand what they are doing is to engage themselves in the actual scene. With active money on risk, they will feel the pressure of dealing in the market volatility and how to profit from it.

The process will be learned automatically as long as these people are serious to learn. As I always said, "trust the process".

Many meme coins are used for speculations. They have a big volatility and many people earn money on exchange rate fluctuations.

What is the basic knowledge that you are meant to know about cryptocurrency if not the fact that it is volatile and that it is used for transactions? Before anyone starts to invest in cryptocurrency they needs to know about it, at least know that there are risks that are involved when their money goes into it. They need to know that it is volatile, because if they don’t know this,  then they are going to end up regretting later why they invested in it.

Why it is good to have the knowledge on this is because most people , if they are not aware of the risks that are involved,  they might end up investing too much in it and at the end they will regret it because they will be hit by too many losses in the market.

Volatility is the common reason why people go into this market.
This is for the hope that they will get good profits but most of them failed to recognize the fact that it is not easy to get profits if you don't know yet the market.
Because if you are new and suddenly the price goes down, you will panic for no reason.
The up and down movement is very normal in this market, and that is the factor you want to take advantage to get your profits.

There are more many ways to generate some profits in cryptocurrency fields, such as providing your own service/skills and getting paid in crypto (it could be btc, eth, or etc). As for gambling, I firmly say don't ever think of it as a way of earning some money. If people couldn't afford to lose money in this industry then it better to stay away or would be great if they don't start with it from the beginning

Thats what we called with DCA strategy I guess, if people buy it continuously for sure they would feel the fluctuations and how volatile the crypto fields.

To be used for speculations it is necessary to have listing on exchange. Raise of the price attracts a lot of attention, that is why people buy meme coins hoping to get more profit.

Obviously, the hope is only one, which is to have more and more profitable profits than the previous one because the purpose of choosing any memecoin is to double their capital in the near future, so it certainly wouldn't be wrong in my opinion.

And it's only temporary because any memecoin never stays at a better price in the long term or never stays at the ATH price for a long time, so choosing it is not wrong, but always be prepared to take risks and be more careful heart.

I like this thread tbh. Sometimes I'm too much in the market that I forget we are pretty unique. Among my friends and family, I'm the only one who hold crypto for years, and it seems like people are getting into it every few years when there's hype but then once they lose their money they forget about it xD.


IMO the advantage of crypto it's also a disadvantage. To better understand the whole ecosystem you need to be technical, keep up with the latest news, and understand how to cash out when needed.
Since you need to be technical, many people just can't understand or don't have the patience to get into crypto. In many cases those people can be wealthy, so they have the money, but not the knowledge to actually do it.

It gives the people who do know what to do a small advantage when it comes to making a profit.

Not only meme coins are used for speculation. All coins and tokens are actively used for speculations.
But for meme coins liquidity is necessary. It must be simple to buy and sell the coin.

Cryptocurrency is another new form of investment but its working path is different from the existing linear stock investment. A lot of blockchain Cryptocurrency advantages and some disadvantages are based on community identification. The trading market fluctuation would be impacted by its value. Before involving, should be pre-accepting and understanding of digital assets risks. 

It is fact that there is no guarantee of profit and gain in cryptocurrency industry. Lots of people loss their money due to lack of knowledge. But there are also so many advantages of cryptocurrency industry. Like there is no need of third party. It is very safe and secure method for payment. It does not need any personal information. The transaction is very quick.

Any type of investment has its risks and cryptocurrency isn't an exception to it. That's the reason why new investors are always advised to do their own research first so they would know the capability of the coin that they're buying. Searching is an advantage in the crypto world because, through it, we'll know how to deal with the market.

Well said. As per OP’s statement, no one should make an investment yet, unless one is fully able to understand the nature of the market and how does coins love up within the market. Indeed, any investments, especially those that are unfamiliar and not fully grasp to an individual are most likely to be risky than ever.

I second this, and to be honest, people need to come to the understanding that you can actually start small in the network, having the mindset that you must outrightly buy one Bitcoin before you can be said to be a Bitcoin investor is a misconception that really needs to be corrected. Mind you that you should only invest what you can afford to lose, so the best thing to do is to find a strategy of buying at intervals, and before you know it, you would actually own a stash that you'll be surprised how you accumulated all that. As far as price corrections are concerned, newcomers to the network must understand that it is a part of the network that is constant, you must learn to ignore it most times and make sure it doesn't send you panicking/selling.

For all coins and tokens it is necessary to have liquidity and a big community of users and developed ecosystem.
Also it is important to have listing on a big exchange.

All could be gambling if no knowledge is applied. But investors are the most secured of all options. For trading, crypto has very high risk and volatility index compared to holding and one can lose out on all trading capital at once but holding would only reduce the capital for the investor. But in all knowledge is what distinguishes a gambling from investing

Yes, it should also be noted that just as you win, the probabilities of losing are the ones that manifest the most, in fact when we talk about trading we can do it in many ways, in the short, medium and long term, each of these options has its own For and against, I recommend tading in the medium and long term, simply due to the fact that I do not react quickly to sudden market movements, nor am I glued to the pc all day watching the market to see if it moves in favor or against. I have said on several occasions that there is a fast and very profitable trading that is with NFTs, but it is also somewhat risky, here it requires relevant knowledge and research to avoid being a victim of scam.

Cryptocurrency gives everyone the opportunity to make money, but there are still many people who do not understand how to invest
in crypto correctly. Most people are too in a hurry to want big profits in a short time, which ends up losing all their capital. In fact, if we learn
correctly about crypto, the best way is to start investing with small capital, then slowly we collect coins that we consider potential.
Do this consistently, then we will be surprised by the profit we generate. Then try to be more patient when investing in crypto, we must know
the crypto market moves very volatile. So when the price is correcting that's the right time to buy, but if we don't have extra money to buy coins,
just hold the coins we have. Wait patiently until our selling target is reached, as long as we choose the right coins, everything will go well.
So another important thing when investing, make sure we buy coins based on the results of our own research and analysis, so we can invest
in the right coins.

If we say advantages of crypto, probably the first thing that comes to our mind is the opportunity to earn due to its volatility. Many people are becoming interested to engage themselves (despite of not having a deep knowledge about it) to make money.

Though its quite true that crypto investment is profitable, the chances of losing your money is with the same level too because of the risk (regardless of your way to earn e.g trading, investing etc.) especially if you're lacking of knowledge. Thus its not different to other opportunities to make money out there, its just that, we had the chance to gain huge in a short period if we invest or trade the right coin.

It is true that the world of the money market is very volatile both in terms of trading and investment. The fundamental thing is the authorized capital is the financial amount owned by a person, who also has its own influence to own coins/tokens such as BTC or ETH and others, the amount depends on the capacity of each. I don't think money alone is enough. As the capital, other supporting processes are also needed to become a winner in this world of the money market.

It's better if there is a crypto profit, don't buy all of it crypto again, but set aside some take profit to buy stocks, mutual funds, and gold. Because after all, crypto is just a digital number, once you get hacked, it's all gone.

There are also other ways to make money from the cryptocurrency industry. Staking and Farming. You can also make a profit by staking your asset. It is like a fixed deposit in Bank.
You can also earn some crypto through bounty, airdrops and signature campaign.

It depends where is our choosen field of expertise is, and yes you're certainly correct investing is more easy, secure and less risks out of all the options mentioned by the OP. Also, I always prefer to invest because it doesn't require more time and constant checking like the trader does.
And for gambling, I prefer to keep myself distant from that option cause I already proved that I'm not lucky in that field.

There are many of advantages of cryptocurrency

• Easy transactions
  Asset transfers
  Confidential transactions
  Low transaction fee
  Hold ownership
  Decentralization



Though you can’t take away the high risks of investing and gambling, so you got to be aware of what you are doing.

It's just an option where each has different skills in mastering it because if you mention the Bounty then it includes a signature campaign that can only be participated by those who have a certain rank, while newbies can only take advantage of the bounty through their account social media.

I agree with your first and second point, both trading and investment are profitable ways to earn money in the crypto world. If we make our own research and identify optimistic projects we can make a lot of profits. But your third point with gambling is not so straightforward. There might be people who are lucky and manage to earn a lot of money through gambling, but the games are not in our favor. The casino has a house edge which makes gambling very profitable for the casino in the long run. As the average gambler we shouldn't look at casinos as a reliable way to make money. A fourth point o would add is offering services or selling things in the crypto world. If we can get paid in cryptos rather than fiat money we have another way to take advantage of the rising crypto prices.

The same existed long before crypto is invented... trading, investing, gambling didn't come with crypto... just to be clear on that!
The advantage of crypto is how simple and easy trading, investing, gambling can be! You don't need a lot, you can do it from home in your pajamas! Computer, internet, some money you are ready to spare in order to make more! Forget dressing up and going to the bank to set up your accounts, visiting a middleman to help you with your money.. crypto is here, be your own bank and do what you think you should do with your money! Your success or failure will be only yours!

Trading in cryptocurrency is full of risks, when the price does not match expectations, traders must be ready to accept that fact. Bad experiences experienced by traders because they can't stand to see market conditions when they go down, then panic sell ensues.
When trader have the courage to trade in cryptocurrency, must be mentally prepared when the price drops. The point is that traders must be patient and always avoid panic selling so they don't experience bad experiences.

Meme tokens are very popular now. Some of them raise in a price a lot.
Popularity of meme tokens attracts a lot of attention of cryptocurrency community to meme coins and tokens.

The choice of earning option depends on the level of income that you plan to receive. The option you proposed, roughly speaking, provides passive income, which can also carry significant risks, for reasons beyond our control. And someone wants active trading, where the opportunity to earn is higher and control over assets is directly yours.

There are some more methods to earn money in cryptocurrencies. The first one is Airdrop, I have earn good returns from free airdrops, you must try. The second one is Bounty, I am now earning with bounties , My more than half portfolio is earned by bounties. So I recommend you to join bounties. And there are some more methods, Staking, Gaming etc.

I haven’t really looked at the gambling option at all so far. Not sure how it works in crypto but I’m assuming probability wise it is similar to real life casinos, the house always wins!

Currently I am mainly interested in trading and investments.

Staking, mining, bounty, airdrop and many others to profit from crypto. If we calculate the total income from bounties and mining, it exceeds trading or investment. Gambling, if you count the number of wins and loses equal to 1:100, so how do we categorize profits in the crypto industry.

Meme coins growth in price even more active than other coins. That is why they are actively used for trading on the exchange. But a lot of depends from the liquidity of the coin.

All mentioned are related to risk, we take risk to gain profit. Importantly, learn more and do more research before involving in any of these mention crypto activities, Trading, crypto Investment and gambling. Many people are making it today in all of those aspects, but they took their time and make deep research.

actually if we can manage crypto assets well then we can make a profit whether it's by trading or investing. so it all depends on how we manage and store crypto because not everyone can manage it well and end up losing. but what is explained above is true that there are several advantages that can be obtained in the crypto world, namely by trading, investing, or gambling. all three clearly have their respective roles and policies. Personally right now I prefer trading where I have to choose a coin that has good prospects in the near future.

Gambling should not be there as it is not a sector where cryptocurrencies are being used but it is an application which is prominently making use of cryptocurrencies which might be the reason why you are considering it along with trading and investments.

Moreover like many other people notified, I am also feeling like gambling may not be an advantage by any means as people are not using it to make money but only for entertainment purposes. For entertainment reasons, we are having lots of industry and gambling must be one of them. So, you must take time to edit and elaborate your narration regarding what are exact advantages of cryptocurrencies.

Trading and investment

-Similar on general sense but there are some aspects which makes them differ
-You could really go for long term without minding on being traced up
-You could be anonymous and able  to hide your big profits


Gambling?

Its never considered to  be a good type of thing yet this is just for pure entertainment.

People buy meme coins because they believe in the growth of their price.
Price growth is the best advertizing. That is why people like meme coins.

Yeah investment and the opportunity being created by cryptocurrencies must be a biggest advantage anyone could enjoy.

Compared to trading and gambling, I believe all newbies must go for investments if they really care about multiplying their capital. Even trading and gambling are looking for easier way to multiply our money, we cannot have any assurance but investments into reputed coins will get us some minimum assurance for decent returns.

Advantage of cryptos are purely dependent people and basically what and how are approaching is deciding that. Smart people do invest and making use of crypto's advantages the maximum and all other are losing their money by risking in trading and gambling.

The main advantage of crypto industry is that everybody can find something to himself. If  you are good at computers and technology, you can consider mining. If you are mad about charts you can trade. If you like investigating projects you can try to invest in new projects and follow them. So everybody can find something to his taste, capital and tolerance to risks.

I can't deny that cryptocurrency was really in high risk, so I am pretty much agreed to anyone who always mentioned that do it at your own risk, that's true actually. Since the market is really unpredictable so the risk will always be followed by it 100%. However, I also cannot deny that there is a probability that we can able to earn here as well in the future if we choose the right coins and know the things that we are going to do here anyway.

It seems you said it too hastily so there are many ways left that you didn't mention, including becoming a bounty hunter and Stakingcoin.
Of the three options you mentioned, I think it is very true to make a profit in cryptocurrency, but what the crypto community does is only 2 options, namely trading and investing.

Meme coins now is a modern trend. Now many people want to follow the trend to earn money on the rise of the cryptocurrency market. Meme coins are actively used to earn money.

Very often famous persons promote meme coins. That is why they raise in price so much more than other coins. And such big growth attract a lot of intention to meme coins.

Gambling isn't really a good way to make a profit, it is a very risky one that mathematically you will end up losing money in the long run. Trading and investing are good cool two things and I hope that they will continue to be so in the future as well. Let's see what happens with crypto in the future but I believe that it will stay like this for a long time (not the price, the success). Another great way about it is that we do not have a boss here, nobody is above anyone else.

So that means we are simply just focusing on what we have and doing that, nobody else tells us what to do or how to do it, we do it whatever way we want and be happy about it. Obviously this means sometimes we need to learn it all by ourselves which could result with losses, but all of those could be learning experience for you if you check what you did wrong. Plus we are at home, or wherever we want, just a laptop or even a phone is enough to be in crypto.

Actually there are many ways to benefit in the crypto world in addition to the 3 options you mentioned we can also follow the project and invest in it then there we can also benefit if the project we follow can achieve the sales target that has been set, In this case very many investors who participate in projects that have high potential because the profits they get are very large up to 10x of the capital they Get it out, and it's happened a lot.

I don't think Elon promotes though for the sake of money, he's a troll and always have been, so I don't think all famous persons are paid to promote but just promote themselves as they know that Bitcoin has become a big community, although it is true that some celebrities are paid to promote some coin alongside with big exchanges promoting altcoins that paid them to, but promotion alone is not enough for a coin to succeed of course.

Now there is a big demand in promotion of the coins. That is why the price of promotions is so high.
A lot of new coins appear and all of them needs promotion.

There's actually a lot more. From small things and big things. Like mines, Airdrops, Campaigns. That small thing also brings benefits from the cryptocurrency industry. The more you follow the more profit you get in cryptocurrency. The new thing I now know is that playing games can profit from the cryptocurrency industry. Like the Axie infinity game that is currently very popular played all over the world.

let's say that trading with crypto is easier because there is no regulation and no market limits, for investments i don't know they are really high risk i prefer traditional ones, gambling is more or less the same as traditional, maybe there is a little more anonymity / privacy using crypto

For me gambling is indeed very risky because we do not know what the consequences will be. Although investing and trading is risky, gambling is riskier. I sometimes choose to invest rather than gamble. In investing there is always a chance to win especially if I join a potential project. In gambling I cannot guarantee to always win regardless of my prediction. I choose investment because it is an investment that has a high return.

Promotion of new projects to introduce new concepts and products is important and it can also be done in several ways by the development team so that their products can be very popular when they are launched to the public.

It may be good for you, and congratulations to you. However, it may not be suitable for newcomers, absolutely nothing will happen to our thoughts. And there is no absolute best way to make everyone better, everyone will have a different approach and get different results.

There are several ways to earn in crypto that op didnt mentioned. Its just that investing, trading and gambling are the common that probably most of us already tried.

But as you've said, there are other ways that we can try in order to maximize our chance to earn because its our choice if we dont want to limit ourselves or stick to just one.

Hence if there's an opportunity, grab it as long as you can manage your time and capable to do the work needed.

Promotion is necessary for every coin. Now it is very important to attract attention to the coin or project because competition on cryptocurrency market is very high and there are a lot of projects.

Even those who have done promotions are not necessarily successful even though they are known by many people because every project must have a good and real product so that it can be successful and also it will not be wasted time when making a promotion.

Agreed, but this is absolutely necessary if you want to publicize your coin and get people to know about it. The most important thing is to have a whitepaper and a roadmap so they can see what you want to do. Also, no matter how good your WP or roadmap is, without promotion, no one will know about your promising coin, so both are crucial and should be addressed but still it really depends on your project if it would be successful or not .

All options that you have listed, require some capital from you, but the thing is that not all people have money to trade, invest or buy risky coins. So there are other ways such as airdrops, ambassador campaigns and bounties that can help you to enlarge your capital. But remember that there are a lot of scams that will not pay you anything so be ready for it.

It's more riskier trading than investing in a particular coin. In trading ones trading account can be blown down to $0 in just a blink of an eye mostly for very highly volatile coins but for investment you can only get a depreciation and rarely will you invest get blown down so it's more easier with investing than trading

There are actually so many ways to gain income in the crypto world, more than what you've mentioned in your thread. There are many jobs in this space, dude and if you widen your perspective and association then you might find it. There are some portals that will connect you with the project developers or provide you with some jobs in the crypto world, you can do some airdrop and bounties, bug bounties, NFTs, DeFis, and many more. Keep do the reading and discussing.

There is many ways to earn crypto now.
1. Mining, it is needs machine to kine it ( GPU/ASIC )
2. Trading, a little bit risky for newbie but if you have experience in Forex trading then you good to go
3. Investing, its the very high risk to get crypto but also can make you rich if you put your investment in the right project.
4. Play 2 earn in the NFT Gaming platform
5. Making art and put it in blockchain as NFT
6. Make project and do fund rising ( this is for developer )
7. Staking ( there are two kind of staking. 1. Stake on Binance 2. Stake On chain to secure the network )

To increase liquidity it is necessary to provide better conditions for liquidity providers. Now there are a lot of liquidity pools and liquidity providers have a big choice of liquidity pools.

Now there are many liquidity pools and all of them need liquidity provides. That is why it is very important to check conditions of liquidity pools to find better conditions.

That's right, you have to be picky in liquidity pools. Because it sounds good upon hearing it but you're unsure that it's going to be a successful one. But most likely, many of those became successful and gave those providers that much benefit and profit.
It made a lot of interest for those investors that are looking for those but still, be careful in looking for one.

They all think that they can become rich quickly in the crypto world, and they will forget to pay attention to some details. When they actually operate, they will find that it is not as simple as they imagined. Whether in the crypto market or any investment project, patience is very important.
For novices, they don’t know when is the right time to sell coins or buy coins. They will sell them in a panic. Courage is also indispensable in investment.

It is good that traders have a big choice of liquidity pools. It is very important to provide better conditions for liquidity providers to have the best conditions for traders.

You mentioned good points, I focus more on investing in cryptocurrencies. Trading or gambling is really risky and I try to stay away. Sometimes good opportunities come by trading or gambling, but mostly it is bad. For new users, I recommend only investing in pieces at first. Once they have mastered technical analysis for trading, they can move on to theory and then practice.

For me, the cryptocurrency industry has become the most interesting thing to do. Since this is an amazing opportunity to work on site from the comfort of your home. Since the digital industry has become very popular and every day there are more cryptocurrency fans. Cryptocurrency can be used in different directions such as investing or trading on exchanges. With the advent of the cryptocurrency world, life has become interesting and eventful.

Cryptocurrency is also full of risk and high risk high profit,You can be profitable if follow the trading rules and get deep knowledge about crypto.The main advantag of crypto is you are own bank no need to wait for any approval of any paper work,You can make transaction globally without any hurdle.
Crypto is future of the world,its market hit in trillions just in a decade and coming decade is most precious for the crypto.So Early adopters in benefit and future is bright for those who invested in worthy projects.

Now many DeFi projects use different liquidity pools to offer users more abilities to earn money and more choice. Also liquidity providers have a big choice of liquidity pools.

Now a lot of new tools appear for traders. Trading become more profitable and less risky and this attract a lot of people to cryptocurrency and trading.

Trading allow to earn a big money. Just see how many now exchanges and how big are trading volumes on exchanges.

Global trading part is the thing that got me. Becoming my own bank was a very important thing because I didn't like banks and I still do not like banks, they are basically the core problem with almost everything in our economical problem as a world. If banks acted properly and only became places that gave savings profit and took loans profit then they would be fine, however since their whole system is built around giving more loans than the money they have, the system is crippled and there is not enough money in the world to pay the loans back, hence inflation happens just because of that (and more reasons for even higher inflation).

So, I got into crypto believing I will be my own bank that is open to the whole world and could be sent even 10 cents from far side of the world to me. It worked and that Is why I decided to stay and been doing great.

Indeed, I think gambling can’t be advantages for most of the people’s; It’s huge risky from any others investment in cryptocurrency. Trading and Investment also both of risks in crypto industry, If there is no proper research about the market condition. Most advantages in crypto you can control your own money and easy transaction.

These are just a few ways that people benefit/earn from the cryptocurrency market, there are still lot more other ways that people can be able to generate income in the cryptocurrency market apart from being a trader, and investor. I am not having good opinion about gambling, but there are people who play and also claim that they know how to do it perfectly and they earn from it, but I have never had any interest in trying it out.

Other ways that you can be able to earn through cryptocurrency is through campaigns, and staking. Staking is when you’re committing your cryptocurrency to support a blockchain network. The return you can get can be as high as 6%, and up to 18% or more for some coins/tokens.

I do not know of a single person in my environment who would become rich by temptating fate with gambling. In this area, millions of participants play and only a few win. I cannot take this seriously.

It is good that users have so big choice. Its kind of exchange has it own advantages.
Users can use that exchange that they want and that can offer the most profitable conditions.

As gamblers are saying, the house always wins. Therefore, the majority of the gamblers will only lose in the long run, it might not be true that no one wins in gambling but only a few percentages will win, with that, it makes gambling house very profitable. I suggest to those who do not have a talent in gambling is just focus on crypto trading and investing as there are plenty of people who made their fortune here, you just have to learn and improve yourself and it's doable.

but this risk pays and cryptocurrency can help you become independent. besides even young people can earn with crypto and make starting capital for their studying or own business.

There is no need to be pushy in giving advice to others, because everyone has also prepared their own steps even though he will not believe in cryptocurrency, just show the result and say it is the result of cryptocurrency, and let him himself decide to stay or leave cryptocurrency

I said that one cannot seriously expect that everyone can become rich by being carried away by gambling. Although, I know that some poker players have achieved significant financial success. Therefore, it is crypto investment that opens up wide opportunities for us today.

We can try but we have to be realistic to accept the possible bad result as not everyone who tried gambling are successful, in fact, majority of the gamblers lose in the long run and that's the sad reality some does not realize. We gamble for pleasure not for money, at least if that's our goal, then we will not likely lose a lot of money because we consider it as an expenditures, rather than a source of income (which we are in the safe side).

Exactly, that's why a lot of people are here to try their luck, but like gambling, we also cannot expect that there's no room for failure.

Usually, newbie crypto investors focus on the possibility of generating significant profits. Experienced investors pay more attention to save and not lose. Therefore, even in gambling, a "sober" calculation is needed. Despite the fact that a lot depends on luck.

Good idea, however not those all types of crypto investments gives us profit about 100 percent, it all takes risks. Yes, in order to earn in cryptocurrency industry, one must trade or invest or even enter crypto gambling, but that's all risky. Trade only if you're sure enough to take risks in such a way that you can manage to earn profit in the long run. Invest as you've said to BTC and ETH you highly recommend is good since you are making a safe move in investing crypto to only top coins, but gambling is a fifty-fifty chance to earn, you might win or lose.