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This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...
I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
try https://structure.finance/dnt-landing/ . You won't regret |
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Don't forget about meme coins. They are perfect for short-term investments
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Every person who lives with cryptos know that cryptocurrencies will dump in 2023 and in 2024 we will more grow...
so in this topic, we discuss which coin is better to buy for more gains about 10X to 1000X!
my idea : 1- ETH---10X  2- ADA---20X 3- MATIC---10X 4-SHIBA--100X 5-NEAR---50X 6-DOT--20X what's your idea?  Definitely recommend meme coins as a short-term investment |
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USB mining is generally not considered profitable for cryptocurrency mining. USB miners are typically devices with very low processing power and energy efficiency, making them ill-suited for the high computational demands of most cryptocurrencies like Bitcoin.
Bitcoin and many other popular cryptocurrencies are mined using specialized hardware known as ASICs (Application-Specific Integrated Circuits), which are designed specifically for the purpose of mining. These ASICs are much more powerful and efficient compared to USB miners or even regular GPUs (Graphics Processing Units) used in gaming computers.
USB miners were more relevant during the early days of cryptocurrency mining when the network difficulty and computational requirements were lower. However, as cryptocurrencies gained popularity and the networks became more secure, the mining difficulty increased significantly, making it extremely difficult for low-power devices like USB miners to compete and generate a meaningful amount of cryptocurrency.
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Staking would be great but it will never stay passive in the future. Know that there are actually no passive income that will stay that way forever. Everything should be done with more time and efforts so that you will mold it into an active income, and not that it’s only going to give you profits without putting any work on it. That could be the reason why instead of looking for a passive income which I think is still unreliable, go look for an active income instead. That way, you will know that you’ll be generating profits soon because you have seen how much efforts you have put into it just to see it working and become successful.
I saw there' re products where you predict btc price for next 5 min and double your investment. Do you think it's a trick? |
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The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Well, it's usual thing. There are bear market and a bull market. If you expect investing in crypto, and receive a significant return tomorrow, I'm going to disappoint you, it doesn't work like that. Buy when the price is low and wait |
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Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.
On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
Ah, you will never guess. Crypto is volatile and requires more risk, banks can bankrupt if you want to invest money, forget about them and get yields, then better banks or lending platforms, if you are ready to take some risk, then choose trading |
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Bitcoin (BTC) and Bitcoin Cash (BCH) are two separate cryptocurrencies that originated from a common blockchain, Bitcoin (BTC). They have different features and goals, which led to their divergence. Here are the main differences between Bitcoin and Bitcoin Cash:
Block Size Limit:
Bitcoin (BTC): Bitcoin has a small block size limit of 1 MB, which was implemented to maintain decentralization and security but limits the number of transactions processed per block.
Bitcoin Cash (BCH): Bitcoin Cash was created with a larger block size of 8 MB (and later increased even further) to allow more transactions to be processed in each block, aiming to improve scalability and speed.
Transaction Fees and Speed:
Bitcoin (BTC): The limited block size in Bitcoin can lead to congestion during times of high demand, resulting in higher transaction fees and slower confirmation times.
Bitcoin Cash (BCH): With its larger block size, Bitcoin Cash aims to offer lower transaction fees and faster confirmation times, making it more suitable for everyday transactions.
Development and Community:
Bitcoin (BTC): Bitcoin has a larger and more established development community, as well as a longer history. It is often considered the original and most recognized cryptocurrency.
Bitcoin Cash (BCH): Bitcoin Cash emerged as a result of a hard fork from the original Bitcoin blockchain in 2017. Its community places more emphasis on using cryptocurrency as a medium of exchange rather than just a store of value.
Philosophy and Use Cases:
Bitcoin (BTC): Bitcoin is often seen as "digital gold" and a store of value, emphasizing security, decentralization, and resistance to censorship. It aims to be a hedge against traditional financial systems.
Bitcoin Cash (BCH): Bitcoin Cash focuses on being a peer-to-peer electronic cash system, aiming to facilitate everyday transactions with low fees and fast confirmations. It aims to be a more practical means of payment.
Market Capitalization and Adoption:
Bitcoin (BTC): Bitcoin has the highest market capitalization and is the most widely recognized and adopted cryptocurrency. It is often considered the standard in the cryptocurrency space.
Bitcoin Cash (BCH): While Bitcoin Cash has a lower market capitalization compared to Bitcoin, it still has its own user base and is accepted by some merchants and services.
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I find this question as most frequently asked question from newbies in the Cryptocurrency space. So I thought I should share few tips that can guide the decision making.
There are a few lessons that could help you decide these easier.
1. Educate yourself: Learn about the cryptocurrency market. Read articles, watch videos, and attend seminars to understand the basics of investing.
2. Set investment goals: Determine your investment goals. Ask yourself why you are investing and what you hope to achieve from your investment.
3. Evaluate your financial situation: Evaluate your current financial situation, including your income, expenses, debts, and savings. Determine how much you can invest without affecting your other financial obligations.
4. Understand the risks: Understand that every investment comes with risks. It is crucial to know the risks involved with cryptocurrency before investing.
5. Research the company or cryptocurrency: Conduct thorough research on the cryptocurrency you want to invest in. Look at the chart history, team, use case and future plan.
6. Diversify your portfolio: Diversify your investments to spread out the risks. Spread your money across multiple cryptocurrencies, rather than investing in just one.
7. Start small: Start with a small investment and grow your investment over time. Do not invest all your money at once.
8. Be patient: Investing in cryptocurrency can be a long-term process. Be patient, and do not panic if the value of your investment fluctuates.
9. Monitor regularly: Monitoring your investment regularly will help you make informed decisions and adjust your investment strategy when necessary.
Feel free to add some advice and if possible experiences.
The most outstanding things I understood are: 1. Invest only what you are ready to lose 2. But when market is bearish and wait 3. Diversify your portfolio |
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Hey guys! Hope you to share your experience and thoughts
Since ETH switched to PoS on September 15th, 2022 mining ended for me, there's no coins to mine and to earn. But I still have equipment (however, its price dropped in a half), so I'm curious - are there any crypto you can still mine and get income?
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Please, provide your discord
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You have an advantage to buy more bitcoin since we are in the bear market and the price is affordable. After buying you should hodli till next two years when bitcoin price will hit a new ATH, you can sell off your investment by then to make good profit. I believe this is the only way that you can make passive income because if you invest on altcoins,it will be risky and you can also run at loss as a newbie that hasn't study the price movement of those altcoins. Now is the best time to accumulate more bitcoin to your investment portfolio and don't think of looking for a get rich quick project because they might turn out the other way.
Thank you for your answer. I'm not really looking for a fast return, so this option is okay for me. However, there were many talks that Bitcoin would hit 100k "this autumn/winter", so I just don't really know what to think. What do you think about that? |
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In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Well, in my opinion you are not exactly right. Even in trading you depend on the market, coin volatility and other things you cannot predict. Trading is about knowledge and skills, like anything else. |
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Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.
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"The report says that using crypto assets on blockchains is about 80% cheaper than traditional financial rails." - A very interesting statement, although there have already been many high-profile statements about crypto before. It's time to start a table of good news about crypto and mark which ones came true and which didn't.
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Та это утопия чистой воды, уже прогнозируют, что через 3-5 лет искусственный интеллект сможет решать задачи также, как и любой другой человек, все что пойдет выше этого будет недосягаемо для понимания человеком т.к. его IQ пойдет выше человеческого. С этого момента можно считать 3,2,1 до наступления начала эпохи верховенства AI.
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
when bitcoin grows, then all the alt coins will grow as well |
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I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.
*What else is required for such a person to control,is it still his or her emotions or what next?
*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
It seems to me trading is based only on observations and own experience. You cannot go far with emotions, the best way to turn them off. |
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So they just create the service they can control, I guess  |
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Lost bitcoins cannot be recovered. Everything else is just a fairy tale, unfortunately
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