advantages in the cryptocurrency industry

[dbc23]

All could be gambling if no knowledge is applied. But investors are the most secured of all options. For trading, crypto has very high risk and volatility index compared to holding and one can lose out on all trading capital at once but holding would only reduce the capital for the investor. But in all knowledge is what distinguishes a gambling from investing

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[LUCKMCFLY]

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.

Yes, it should also be noted that just as you win, the probabilities of losing are the ones that manifest the most, in fact when we talk about trading we can do it in many ways, in the short, medium and long term, each of these options has its own For and against, I recommend tading in the medium and long term, simply due to the fact that I do not react quickly to sudden market movements, nor am I glued to the pc all day watching the market to see if it moves in favor or against. I have said on several occasions that there is a fast and very profitable trading that is with NFTs, but it is also somewhat risky, here it requires relevant knowledge and research to avoid being a victim of scam.

[Wawa2013]

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 second this, and to be honest, people need to come to the understanding that you can actually start small in the network, having the mindset that you must outrightly buy one Bitcoin before you can be said to be a Bitcoin investor is a misconception that really needs to be corrected. Mind you that you should only invest what you can afford to lose, so the best thing to do is to find a strategy of buying at intervals, and before you know it, you would actually own a stash that you'll be surprised how you accumulated all that. As far as price corrections are concerned, newcomers to the network must understand that it is a part of the network that is constant, you must learn to ignore it most times and make sure it doesn't send you panicking/selling.

Cryptocurrency gives everyone the opportunity to make money, but there are still many people who do not understand how to invest
in crypto correctly. Most people are too in a hurry to want big profits in a short time, which ends up losing all their capital. In fact, if we learn
correctly about crypto, the best way is to start investing with small capital, then slowly we collect coins that we consider potential.
Do this consistently, then we will be surprised by the profit we generate. Then try to be more patient when investing in crypto, we must know
the crypto market moves very volatile. So when the price is correcting that's the right time to buy, but if we don't have extra money to buy coins,
just hold the coins we have. Wait patiently until our selling target is reached, as long as we choose the right coins, everything will go well.
So another important thing when investing, make sure we buy coins based on the results of our own research and analysis, so we can invest
in the right coins.

[lienfaye]

If we say advantages of crypto, probably the first thing that comes to our mind is the opportunity to earn due to its volatility. Many people are becoming interested to engage themselves (despite of not having a deep knowledge about it) to make money.

Though its quite true that crypto investment is profitable, the chances of losing your money is with the same level too because of the risk (regardless of your way to earn e.g trading, investing etc.) especially if you're lacking of knowledge. Thus its not different to other opportunities to make money out there, its just that, we had the chance to gain huge in a short period if we invest or trade the right coin.

[Gayong88]

It is true that the world of the money market is very volatile both in terms of trading and investment. The fundamental thing is the authorized capital is the financial amount owned by a person, who also has its own influence to own coins/tokens such as BTC or ETH and others, the amount depends on the capacity of each. I don't think money alone is enough. As the capital, other supporting processes are also needed to become a winner in this world of the money market.

It's better if there is a crypto profit, don't buy all of it crypto again, but set aside some take profit to buy stocks, mutual funds, and gold. Because after all, crypto is just a digital number, once you get hacked, it's all gone.

[Cadaver20]

There are 3 options to profit in the cryptocurrency industry. according to my version like this:

There are also other ways to make money from the cryptocurrency industry. Staking and Farming. You can also make a profit by staking your asset. It is like a fixed deposit in Bank.
You can also earn some crypto through bounty, airdrops and signature campaign.

[Rufsilf]

All could be gambling if no knowledge is applied. But investors are the most secured of all options. For trading, crypto has very high risk and volatility index compared to holding and one can lose out on all trading capital at once but holding would only reduce the capital for the investor. But in all knowledge is what distinguishes a gambling from investing

It depends where is our choosen field of expertise is, and yes you're certainly correct investing is more easy, secure and less risks out of all the options mentioned by the OP. Also, I always prefer to invest because it doesn't require more time and constant checking like the trader does.
And for gambling, I prefer to keep myself distant from that option cause I already proved that I'm not lucky in that field.

[Swapzone_pr]

There are many of advantages of cryptocurrency

• Easy transactions
  Asset transfers
  Confidential transactions
  Low transaction fee
  Hold ownership
  Decentralization



Though you can’t take away the high risks of investing and gambling, so you got to be aware of what you are doing.

[tarable]

There are also other ways to make money from the cryptocurrency industry. Staking and Farming. You can also make a profit by staking your asset. It is like a fixed deposit in Bank.
You can also earn some crypto through bounty, airdrops and signature campaign.

It's just an option where each has different skills in mastering it because if you mention the Bounty then it includes a signature campaign that can only be participated by those who have a certain rank, while newbies can only take advantage of the bounty through their account social media.

[Mauser]

I agree with your first and second point, both trading and investment are profitable ways to earn money in the crypto world. If we make our own research and identify optimistic projects we can make a lot of profits. But your third point with gambling is not so straightforward. There might be people who are lucky and manage to earn a lot of money through gambling, but the games are not in our favor. The casino has a house edge which makes gambling very profitable for the casino in the long run. As the average gambler we shouldn't look at casinos as a reliable way to make money. A fourth point o would add is offering services or selling things in the crypto world. If we can get paid in cryptos rather than fiat money we have another way to take advantage of the rising crypto prices.

[iv4n]

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)

The same existed long before crypto is invented... trading, investing, gambling didn't come with crypto... just to be clear on that!
The advantage of crypto is how simple and easy trading, investing, gambling can be! You don't need a lot, you can do it from home in your pajamas! Computer, internet, some money you are ready to spare in order to make more! Forget dressing up and going to the bank to set up your accounts, visiting a middleman to help you with your money.. crypto is here, be your own bank and do what you think you should do with your money! Your success or failure will be only yours!

[MonaLeeTracy]

When you are in cryptocurrency to trade then be ready to face high risks, not everyone will profit from crypto but big losses when the price dumps in the middle of the road, which you describe here the bad experience in crypto that you may experience is the loss of price drops and the end this is a lot of people trading on crypto is growing will this last for the next 2 years

Trading in cryptocurrency is full of risks, when the price does not match expectations, traders must be ready to accept that fact. Bad experiences experienced by traders because they can't stand to see market conditions when they go down, then panic sell ensues.
When trader have the courage to trade in cryptocurrency, must be mentally prepared when the price drops. The point is that traders must be patient and always avoid panic selling so they don't experience bad experiences.

[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

For all coins and tokens it is necessary to have liquidity and a big community of users and developed ecosystem.
Also it is important to have listing on a big exchange.

Meme tokens are very popular now. Some of them raise in a price a lot.
Popularity of meme tokens attracts a lot of attention of cryptocurrency community to meme coins and tokens.

[Galley]

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.

The choice of earning option depends on the level of income that you plan to receive. The option you proposed, roughly speaking, provides passive income, which can also carry significant risks, for reasons beyond our control. And someone wants active trading, where the opportunity to earn is higher and control over assets is directly yours.

[Rakeshten]

There are some more methods to earn money in cryptocurrencies. The first one is Airdrop, I have earn good returns from free airdrops, you must try. The second one is Bounty, I am now earning with bounties , My more than half portfolio is earned by bounties. So I recommend you to join bounties. And there are some more methods, Staking, Gaming etc.

[Cee2]

I haven’t really looked at the gambling option at all so far. Not sure how it works in crypto but I’m assuming probability wise it is similar to real life casinos, the house always wins!

Currently I am mainly interested in trading and investments.

[mbakruroh]

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.

Staking, mining, bounty, airdrop and many others to profit from crypto. If we calculate the total income from bounties and mining, it exceeds trading or investment. Gambling, if you count the number of wins and loses equal to 1:100, so how do we categorize profits in the crypto industry.

[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

Many meme coins are used for speculations. They have a big volatility and many people earn money on exchange rate fluctuations.

Meme coins growth in price even more active than other coins. That is why they are actively used for trading on the exchange. But a lot of depends from the liquidity of the coin.

[Anguwa]

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.

All mentioned are related to risk, we take risk to gain profit. Importantly, learn more and do more research before involving in any of these mention crypto activities, Trading, crypto Investment and gambling. Many people are making it today in all of those aspects, but they took their time and make deep research.

[sherenikaw]

actually if we can manage crypto assets well then we can make a profit whether it's by trading or investing. so it all depends on how we manage and store crypto because not everyone can manage it well and end up losing. but what is explained above is true that there are several advantages that can be obtained in the crypto world, namely by trading, investing, or gambling. all three clearly have their respective roles and policies. Personally right now I prefer trading where I have to choose a coin that has good prospects in the near future.