advantages in the cryptocurrency industry

[Viscore]

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.

I think even if you are knowledgeable and well versed in cryptocurrency, things are just not simple as they are since they all involved risks. And if you want to earn, you have to take all the risks.

However, the advantages in crypto industry are not really those trading, investing and gambling since we can also do them with the use of fiat. I think its more on crypto is decentralized, even volatility alone is an advantage too in crypto, and the fact that  crypto coins have higher value compared to fiat or gold, or in any asset. And since they are more valuable, then the profits are much higher too than those profits we made from fiat's investments.

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[dezoel]

So far what I’ve been able to do in the cryptocurrency market is just to invest and to trade, gambling has never been an option for me. Sure there are people who have been able to make a lot of money from gambling, but it still carries a lot of risk because you're not sure of what is going to be the outcome of the game you're playing. And it becomes worse when you are addicted to it.

So, I would advise anyone to stay clear from it. Moreover, I only hear stories of people who earn from it, but from experience of people I have seen it is usually not worth it. So, I said that it’s only favor just a little number of people. Best thing to do is just to trade and to invest, any of these two that works for you.

[clarkt]

Cryptocurrency provide an amazing opportunity to buy,  invest and participate in Cryptocurrency space without having to use a third party or qualify or even regulated to do so.  It is a very awesome development and powerful empowerment for individual. The advantages of Cryptocurrency is beyond just trading, investing and gambling,  it is the freedom to do these things that is important!

[Al Qiyamah]

As a small part of the advantages of the cryptocurrency industry I agree with what you said, namely trading and investing in cryptocurrencies, but if for gambling it is not an advantage in the cryptocurrency industry because big losses often occur if luck is not on your side.  

[RealMalatesta]

- 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.

Trading and investment are NOT two different things in my perspective but if you want to allocate your capital for these two then you can manage your portfolio with respect to these and then you can calculate your profit/loss accordingly. When you are talking about an industry, I guess trading and investments are same but with slight different timeframe.

for gambling it is not an advantage in the cryptocurrency industry

Yeah, when we are talking about whole industry level then we cannot talk about simple applications like gambling. But as per OP, it seems that only exchanges and gambling are the sectors we got after cryptocurrencies but in practical whatever we can do with fiats, can also be done with cryptocurrencies.

[Rahman11]

With cryptocurrencies, businesses can be in control of their transactions and funds without having to defer to a centralized organization. Customers will have a far more convenient way to pay for various services and products, and transactions don't need to get past any credit clearances either in this case.

[nikita2020]

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

I agree that now meme coins are very popular. But they are popular because they have a big promotion and a big hype around them.

Meme coins are actively promoted, that is why they are so popular. Many people buy meme tokens hoping for future growth in price.

[TheGreatPython]

Trading and investment are NOT two different things in my perspective but if you want to allocate your capital for these two then you can manage your portfolio with respect to these and then you can calculate your profit/loss accordingly. When you are talking about an industry, I guess trading and investments are same but with slight different timeframe.

Trading and investment are different in the "idea" of it and not while doing it personally. When you are trading that requires a quicker buy and sell, investment usually means longer buy and sell.

So, if you are buying something today and sell it within a week then you are still just doing a buy and a sell, but it is within a week so it is considered trading. Whereas when you are investing that usually means you buy and sell 3 years later, you still only buy and sell but at the end of the day it is something that is similar. Sure it is only the time that separates them but the action is the same, however we name them differently for us to understand it better.

[sukmo]

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.

Of the 3 options of your opinion in profiting in cryptocurrency.
Option number 2 became my favorite.
I've been happy and feel lucky enough to invest in bitcoin and ethereum all along.
But to start investing with cryptocurrencies of course we have to study and observe the movement of coins that we believe grow in the future.

[matchi2011]

Trading and investment are NOT two different things in my perspective but if you want to allocate your capital for these two then you can manage your portfolio with respect to these and then you can calculate your profit/loss accordingly. When you are talking about an industry, I guess trading and investments are same but with slight different timeframe.

Trading and investment are different in the "idea" of it and not while doing it personally. When you are trading that requires a quicker buy and sell, investment usually means longer buy and sell.

So, if you are buying something today and sell it within a week then you are still just doing a buy and a sell, but it is within a week so it is considered trading. Whereas when you are investing that usually means you buy and sell 3 years later, you still only buy and sell but at the end of the day it is something that is similar. Sure it is only the time that separates them but the action is the same, however we name them differently for us to understand it better.

Misconceptions from investing as many consider short term investment is much better than holding your asset for longer time frame.
Both ends have a good benefits, as long as you know what you are doing the outcome will be likely favorable to your capital.
Cryptocurrency provides us a good venue for both trading and investing, you can buy and hold till you reached your target profits or you can spend your time monitoring the market and perform a short term trade and keep repeating to earned more.

[Yamifoud]

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 understand that most of us had come to crypto and put money in here because of thinking of a profit. We can't deny it but that was not the sole reason why we came here. We don't just think about it only, we also have to think that we can make use of this as an alternative to fiat money which actually the main reason why it was created. To have it used and fast transactions gives more advantageous for us and that supposedly what it intends to be. But unfortunately, it was not at its realization, we valued and take advantage of crypto as a pure investment, not a currency.

[guydin]

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.

My strategy includes long-term investment and a pinch of gambling.
I hodl some mainstream currencies. Actually, I invest not only in Bitcoin and Ethereum but also in Matic, BNB and Polkadot as I consider them to have a good future as well.
As for by risky activity, I do staking and farming on some platforms that give me big APYs, so they seemed to be really risky.

[TheUltraElite]

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.

The biggest wins are from gambling no doubt. However this not completely a true statement either. The person who is taking the risk does lose some money in gambling too before they hit a big win. Similarly a traders will have wasted bitcoin on buying shitcoins before getting a good price to sell on. Both are different types of risks though. Gambling can be EV- or EV+ but Spot trading is EV+.

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.

What is the reason for that? I can give you the counter-agrument though; While several other altcoins do exist, the cumulative profit that can be obtained by randomly selecting a few of them is much lower than the top five coins. Therefore reasonably speaking, one should avoid the list below the top ten (maximum).

[Pelana vreo]

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.

1. You will benefit from trading if you are good at analyzing the market, this is very difficult because crypto prices fluctuate, when you trade you need to have experience and be able to control emotions so as not to get hit by FUD.

2. There are a lot of coins and you can see the farming platform with the amount of APY you want as in this list
https://coinmarketcap.com/yield-farming/

3. Gambling in my opinion is a game that requires a level of Hockey or luck, I use the Betfury platform for farming and withdraw the profits I get to gamble in some games, because it's a game, so winning and losing is a normal in gambling

[fileo]

That is true that gambling is so much risk because we don't know what is the result. Although investment and trading is risky, the gambling is riskier. I choose to do investment sometimes than gambling. In investment there is a chance to win always specially if I join the potential project. In gambling I cannot guarantee to win always despite of my predictions. I choose investment because it is one with high advantage.

[DewiKirana]

Of the three options, trading is indeed the right choice to get a lot of profit. But, if you are going to trade, you must also have the ability to analyze, high flying hours, if trading is carried out as long as you don't make profit, you will lose.

[Lunafox]

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

Meme coins are actively promoted, that is why they are so popular. Many people buy meme tokens hoping for future growth in price.

Promotion is necessary for all projects not only for meme coins. Now meme coins usually are used only for speculations.

[otreza]

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.

Are you new to cryptocurrencies? What kind of gambling as a form of earning? Earnings where there is strategy, market and volatility. The best kind of investing is venture capital, early stage investing. They used to be called ICOs now IDOs (pre-sales of tokens).

[alan228]

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

Promotion is necessary for all projects not only for meme coins. Now meme coins usually are used only for speculations.

Meme coins spends a lot of money for promotion. It is very important to attract attention to meme coins and promote them to create demand in the meme coins.

[Bollexz1]

Trading in crypto is considered gambling until one understand the basic concept that guide it. It is very important to understand all these key factors before starting, either way the market will drag you closer, collect the little you have and have you kicked out.