advantages in the cryptocurrency industry

[kelonmusk]

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.

[1715349320]

1715349320

[1715349320]

1715349320

[Teknisi88]

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.

[Kitaiev]

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.

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.

[kamadazje]

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.

[thesosorr]

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.

[carrigan]

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.

[koang]

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.

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.

[mamesso]

- Trading: It is called a way to get more money by trading cryptos, either by transferring between them or by providing exchange services.

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.

- Investment: There are many cryptocurrencies with a good future, but I only recommend Bitcoin and Ethereum.

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: sometimes beneficial and sometimes detrimental. I don't recommend it at all (risk high)

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.


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

[Rufsilf]

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.

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.

[masterrex]

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.

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.  

[ardydyon]

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.

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

[bhadz]

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.

[Vatimins]

     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.

[Devifajarina]

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.

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.

[agg2702]

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.

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.

[Doell]

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

[sheenshane]

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.

[btc_angela]

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.

[TimeTeller]

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.

[RussianEnglishTranslation]

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.