advantages in the cryptocurrency industry

[justdimin]

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.

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.

[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.

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.

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.

[letyouearn]

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.

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

[kawetsriyanto]

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.

[Kasabus]

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.

[Nasuhalugu]

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).

[budlo]

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%.

[michellee]

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.

Theres another way to earn at this time, Playing game! Collecting coins from any gaming platform are fun though.

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.

[Strongkored]

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.

[martina14]

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.

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.

[Natalim]

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.

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.

eth and bitcoin are indeed feasible for long-term investments, but if you want a bigger profit, of course, many other altcoins have potential, so we can research them well and get double returns. On the other hand, of course, we have to take the risk into account

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.

[lixer]

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.

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.

[kawetsriyanto]

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.

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.

[Stewart66]

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.

[albon]

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.

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.

[coin-investor]

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.

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.

[TmHsHel]

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.

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

[martina14]

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.

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.

[maydna]

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.

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.

[adzino]

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.

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.