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I want to write in this topic how to make money on cryptocurrency, cryptocurrency projects and blockchain projects if you are a businessman or investor.
Date last update: May 18, 2018
I’ve highlighted the new information in green.
For businessmen:
- You can sell your goods or services for cryptocurrencies.
- You can make and sell hardware for mining.
- You can make and sell hardware and software to companies who make cryptocurrency projects and blockchain projects. Also you can offer services to these companies (legal services, accounting services, help with launching ICO and other services).
- You can make a cryptocurrency exchange, crypto payment system, wallet or other service or applications.
For investors:
- You can invest in cryptocurrencies, blockchain startups including some crypto hedge funds.
- You can follow the news and find the cryptocurrency on which you plan to make hard fork. In this case, you buy a coin that will rise in price as a result of demand due to hard fork and will additionally receive a new coin for free, which you can then sell.
For businessmen and investors:
- You can mine cryptocurrency.
- You can trade cryptocurrency.
- You can start something small like the Wall Street. There are people who knows nothing about cryptocurrencies, but they are willing to invest and don't know the procedure. You can manage their funds and charge like 10% of the profit that they make.
- You can create your own ICO.
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Please, write your opinion about this. If you know any other way to make money on crypto, write here too.
P.S. Thanks for your help!
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What do you think about this possibility ? Would you invest in your government currency ?
All countries have their national currencies. For me, it's like a scam, if they create a cryptocurrency. |
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
I don’t think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country, because a cryptocurrency can’t replace a national currency. |
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There are many problems with centralization. For example, central Banks can print money and plunder your wealth without your consent. Your money in the bank is not actually your money, but the bank's liabilities to you. You don't always get your money out of the bank. It's possible that the bank will only allow you to withdraw 60 euros a day, and it may even force you to confiscate your deposits. Private property is sacrosanct, but people can't help it. In the BTC, these bad things will no longer exist. BTC is a monetary system that is completely out of the bank and only runs on the Internet. Even the law enforcement agencies cannot seize or confiscate BTC. The BTC network cannot be blocked unless the Internet is completely shut down.
In the BTC system, you can really control your money, not indirectly through the bank. BTC has used technology for the first time in human history to ensure that private property is sacrosanct.
There are a lot of other advantages of using bitcoin decentralization. For example, nobody can hack one computer and steal much money. Because many computers keep all information about all wallets and transactions. |
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In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
Some countries have serious economic problems. And prices rise every day in them. People in this countries have the issue of saving their money. They want exchange their national currency for U.S. dollars or euros. But sometimes the Government prohibit it. Or there are some reasons why people can't do it. For example, Venezuela's monetary policy had hyperinflated the national currency, the bolivar, to near-worthlessness, citizens were looking for a way to store value in the traditionally stable, but difficult to access, U.S. dollar. Venezuelans have started using cryptocurrencies to address the problem. |
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hi peepz, we all know the declining price of bitcoin today since the start of this year, so i have made this thread for you to post ONLY positive things about bitcoin on how it affects your daily lives, please do sights some of your personal encounter using bitcoin in buying online or on a physical store if there's one. you can also post how you earn bitcoin using this forum.
if you are to post negative things about bitcoin, i believe you should not be here in this thread, there are other threads that tackles the disadvantages of bitcoin so please spare this one.
i believe that this should be helpful for people who have no idea about bitcoin. including newbies in this forum. who knows, maybe some smerit giver will read your post if it deserves to be merited depending on how helpful and informative your post is. so good luck to us all guys.
EDITED: please do not post statements that you agree on why i created this thread, what we need is the practical use of bitcoin today, just to avoid spamming posts that are already posted above yours.
My friend and I have created a website builder. People use it and pay to us by bitcoins. |
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Traditional commercial banks are a good choice for traditional businesses. New financial technologies are a good choice for e-business, cryptocurrency, crowdfunding and other things like that. New financial technologies complement and don’t replace traditional technologies. |
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I agree that crypto market is too weak. But now there are a lot of people who have bitcoins and are interested in cryptocurrency news. I think many people can buy stuff for crypto.
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