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Question: Why are you in crypto?
For the Tech
For Profit
Both

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Author Topic: Reasons for being in crypto.  (Read 578 times)
Ekyfitri
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September 20, 2021, 01:09:44 PM
 #61

I'm sure, maybe the first person to enter the crypto market because to make a profit. After some time in the crypto market, of course, they will start to be interested in the technology and development of crypto and blockchain.
I'm sure this will be related because something is done for profit but not with the knowledge of the product and technology development will not be able to be maximally profitable.

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tvplus006
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September 20, 2021, 01:26:13 PM
 #62

at the moment i am investing in cryptos just for fun. Honestly i don't know much about it and i don't have a strategy. With the time i would like to have more knowledge about this topic, that's the reason i am here

You are obviously in a hurry with investments and in this case they can bring you a loss, since you do not yet have special knowledge about cryptocurrency. Try to start with the basics of how the cryptocurrency functions and which coins and at what time you need to buy to get a profit from the investment.

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September 20, 2021, 01:51:09 PM
 #63

the main reason I know crypto is to go to financial freedom, by collecting coins as my portfolio asset with the aim of making a profit, without spending money (money from my bank savings), I get coins from the bounty results and from the bounty results I trade and buy coins top 10 I keep as an investment

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rmhuntley
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September 20, 2021, 06:19:34 PM
 #64

the main reason I know crypto is to go to financial freedom, by collecting coins as my portfolio asset with the aim of making a profit, without spending money (money from my bank savings), I get coins from the bounty results and from the bounty results I trade and buy coins top 10 I keep as an investment
I know more with cryptocurrency after joining many bounties project campaign and airdrop, maybe without know about bounty just know only with bitcoin because ever use and accepted bitcoin payment when investing on some project. After many my investment project scam I try to know with bounty campaign and learn with any coins when receive payment from bounty.

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Anguwa
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September 20, 2021, 06:42:46 PM
 #65

I chose both because I joined crypto not because of profit alone but to also learn from different people with different perspectives. Crypto is a life saver, Bitcoin and other altcoins has given us some chance to have a full control of our wealth as well as trade them for profit. Also crypto gives us more insight in technology advancement because as we all know that the world is govern by technology, as a result of that fiat is going back as it will soon be replace by crypto.

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September 20, 2021, 07:32:12 PM
 #66

Both of them but my priorities it's the profit and basically most of member here was also have same choice with me, I'm not naive though when i know the crypto for the first time i only think some free money but over time it was changes, Right now beside seeking the profit from the crypto (Trading, Bounties, Airdrop, etc) i also learning some new tech that exist on the Blockchain market and i was really fun to watch! There was many new things to learn so while getting some bucks and i also learn new stuff!
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September 20, 2021, 07:43:31 PM
 #67

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

Both are good reasons and probably the best reasons why anyone buys cryptocurrency, however, you are forgetting the decentralized and no-third-party aspect of crypto. Your keys your coins. Nobody else has control of your money and where it goes but you. And its not in one central place. Like a bank.

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September 20, 2021, 08:14:12 PM
 #68

We dive to crypto with different reasons but your choices are only two. You will see that when you create a thread why you are interested with crypto. Who wouldn't like to earn profit and also with other stuff like doing business, services and many more. I would say that it is for profit.
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September 20, 2021, 08:30:33 PM
 #69

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

Talking about technology, there are many things that we should mention, this is still general in nature, let alone related to existing projects, but the projects that I like at the moment are related to the games released by NFT, many advantages and new series they make, so it is interesting a lot of people to start with, while talking about generating coins from a portfolio is making a scenario from buying, so that when the price increases from the previous purchase, then we will use it to sell, the better the way and the pattern we make, the greater the profit we will get.
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September 20, 2021, 09:02:50 PM
 #70

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

In terms of cryptocurrencies of course I am more interested in the technology being developed. Because the blockchain system will be one of the technologies that can facilitate transparent transactions. And I think that blockchain technology will be adopted as one of the technologies that can replace Fiat in the future. Of course, whatever we do is inseparable from the benefits we get. No one wants to do useless work without expecting profit behind all that is done. I just hope that the presence of blockchain technology can facilitate high-to-low-level transactions. Not only to buy Tesla  Grin but also can buy candy. Smiley

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September 20, 2021, 09:36:50 PM
 #71

I can't say "tech" precisely. I am here because what the tech provides, which is the decentralization and being on a fair grounds instead of banking and fiat world being so unfair. I always hated banks and fiat before crypto even came along, and when I found out about crypto I got in very early on, not for profit, not because I believed it could be what it is today, I never even imagined it could be 64k ATH, I couldn't even imagine 1000 dollars to be honest, and that is why I can't say for profit but not for tech neither, it is the freedom that I came in for and it is the freedom that I got.

I am not saying profit hurts, that is a great addition, and the tech allows for that freedom as well, so the option of both is correct but freedom is the one above all of them that I care about and will continue to care about in the future as well.

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September 20, 2021, 11:22:30 PM
 #72

Personally i got into cryptocurrencies and Blockchain because i was fascinated by the technology and also saw an avenue to make money. The cryptocurrency technology is unique and it offers users the type of transparency that is missing under the centralized financial systems. Also the developments and innovations of the blockchain space and the applications of blockchain to solutions of real life problems is nothing but great. I enjoy both the tech and the financial opportunities that cryptocurrency provides.

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September 20, 2021, 11:38:45 PM
 #73

I enjoy both the tech and the financial opportunities that cryptocurrency provides.

I really can't see anyone getting rich doing it to be honest.  But I will compare my experiences to others I suppose and while I agree to some point there is a financial gain but really aren't we all just getting the power companies rich if we mine crypto?  And liquidity mining omg talk about disaster look what just happened to the markets you will never get rich liquidity mining that is for suckers how can you say that the average person would have 20 grand to sit and watch earn fees a month that I think it would basically take to earn enough to compete with welfare.  There is no opportunities where I am I struggled throughout my youth desperate to find work doing ANYTHING on Vancouver Island.  Basically my story is the help no one and do you think the 4000 military at the comox base occupying it is a fantasy?  how does that contribute to society.  Can you image now with a population of about 35000 why someone might realize there is nothing but negetive equity here?  Would it even matter if everyone has a hidden government job?

We need a brain drain.......

We need to have REALLY smart people that can run profitable business here and we just dont have any.  thats my problem thats my reality.  I solved it with crypto.  I guess.  But I dont think thats smart since it hurts the environment by using more POWER.  But my footprint isn't that big but it still does increase burden on the grid and in my spot maybe even too noticable.  MEDIUM BUSINESS CLASS NOW! .096 NOW! FOREVER! DO IT! NOW BCHYDRO NOW!!!!

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September 21, 2021, 08:08:49 AM
 #74

We dive to crypto with different reasons but your choices are only two. You will see that when you create a thread why you are interested with crypto. Who wouldn't like to earn profit and also with other stuff like doing business, services and many more. I would say that it is for profit.
Everyone has that reason obviously and that is to profit. When you see someone says that it's for the tech, that might be their first impression about crypto.
But in the long run, we all be ending up about aiming the profit.

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September 21, 2021, 08:09:38 AM
 #75

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

In terms of cryptocurrencies of course I am more interested in the technology being developed. Because the blockchain system will be one of the technologies that can facilitate transparent transactions. And I think that blockchain technology will be adopted as one of the technologies that can replace Fiat in the future. Of course, whatever we do is inseparable from the benefits we get. No one wants to do useless work without expecting profit behind all that is done. I just hope that the presence of blockchain technology can facilitate high-to-low-level transactions. Not only to buy Tesla  Grin but also can buy candy. Smiley
I don't care about what technology use and adopted by cryptocurrency because my decision why here only to earn much profit, I think is bullshit with technology adopted in cryptocurrency and many coin showed they have apply with real technology, just promoting only how to make many investor interested with their coin but beside on this progress only get profit from investor, just take care always buy coin on dip price and sell later when up and never care although have real technology adopted.

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KaliLinux
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September 21, 2021, 09:30:50 AM
 #76

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

It was at the beginning for the profits because I did come to find out how much profits is there to be made over time investing in crypto and my earliest investments were basically on Bitcoin/Ethereum though over time have invested in other coins/tokens too and most say that it has mostly paid off.
1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

In terms of cryptocurrencies of course I am more interested in the technology being developed. Because the blockchain system will be one of the technologies that can facilitate transparent transactions. And I think that blockchain technology will be adopted as one of the technologies that can replace Fiat in the future. Of course, whatever we do is inseparable from the benefits we get. No one wants to do useless work without expecting profit behind all that is done. I just hope that the presence of blockchain technology can facilitate high-to-low-level transactions. Not only to buy Tesla  Grin but also can buy candy. Smiley
I don't care about what technology use and adopted by cryptocurrency because my decision why here only to earn much profit, I think is bullshit with technology adopted in cryptocurrency and many coin showed they have apply with real technology, just promoting only how to make many investor interested with their coin but beside on this progress only get profit from investor, just take care always buy coin on dip price and sell later when up and never care although have real technology adopted.

It is ok to speak your mind there but you must understand that it is the technology behind Bitcoin that made it what it is (a decentralized financial Instrument) and if not for that, you wouldn't have had the opportunity to "earn much profit" as you put it. Yes, some of us still don't fully understand and appreciate the Tech behind it but we cannot discredit it either.

Bikan
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September 21, 2021, 11:32:26 AM
 #77

Profits are the lifeblood of shareholders, but all else comes second. From mine perspective, adding reputable coins and waiting for them to give returns is the greatest strategy.

All cryptos are present economic policies that are not regulated by any, giving me true independence that has both positive and negative aspects that are dependent on the user rather than the innovation.
CaptainCrapper
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September 21, 2021, 12:32:32 PM
 #78

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?
My vote was both number 1 my favorite project is SoL cause they have their own blockchain and they trying low transaction cost as soon as possible they will take a good market trend and my second choice I have to get profit from this project my portfolio was when price 20$ I have sold when price 195$ so I have gained this project.
dainoran
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September 21, 2021, 02:07:35 PM
 #79

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?
My vote was both number 1 my favorite project is SoL cause they have their own blockchain and they trying low transaction cost as soon as possible they will take a good market trend and my second choice I have to get profit from this project my portfolio was when price 20$ I have sold when price 195$ so I have gained this project.

For me, The reason for bring crypto is both of them. Yes, i love SOL too. They have a good potential in the future. Not only for the tech, they gained me so many profit too. Most of the projects that have listed by solanium always ended succesfully. Most of them give me more than 20x profit from my Investment. But it's really hard for being whitelisted to invest.
Pelana vreo
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September 21, 2021, 04:06:58 PM
 #80

1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?

1. I chose the project on the BSC network because the transaction fees are lower, you can pay 0.002 BNB to mint NFT if you buy NFT and the trading fees on the DEX exchange are relatively cheap  Wink

2. I will do Staking and Farming, you can see yes on DeFi platforms and Dex exchanges like pancakes and many other Dex exchanges that offer benefits from your staking, but keep DYOR because coin prices always fluctuate.

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