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Author Topic: advantages in the cryptocurrency industry  (Read 894 times)
whiteblue
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November 13, 2021, 04:57:41 AM
 #121

Promotion is necessary for every coin. Now it is very important to attract attention to the coin or project because competition on cryptocurrency market is very high and there are a lot of projects.
Even those who have done promotions are not necessarily successful even though they are known by many people because every project must have a good and real product so that it can be successful and also it will not be wasted time when making a promotion.
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November 13, 2021, 05:08:23 AM
 #122

Promotion is necessary for every coin. Now it is very important to attract attention to the coin or project because competition on cryptocurrency market is very high and there are a lot of projects.
Even those who have done promotions are not necessarily successful even though they are known by many people because every project must have a good and real product so that it can be successful and also it will not be wasted time when making a promotion.

Agreed, but this is absolutely necessary if you want to publicize your coin and get people to know about it. The most important thing is to have a whitepaper and a roadmap so they can see what you want to do. Also, no matter how good your WP or roadmap is, without promotion, no one will know about your promising coin, so both are crucial and should be addressed but still it really depends on your project if it would be successful or not .
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November 13, 2021, 07:26:16 AM
 #123

All options that you have listed, require some capital from you, but the thing is that not all people have money to trade, invest or buy risky coins. So there are other ways such as airdrops, ambassador campaigns and bounties that can help you to enlarge your capital. But remember that there are a lot of scams that will not pay you anything so be ready for it.
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November 13, 2021, 08:20:56 AM
 #124

let's say that trading with crypto is easier because there is no regulation and no market limits, for investments i don't know they are really high risk i prefer traditional ones, gambling is more or less the same as traditional, maybe there is a little more anonymity / privacy using crypto
It's more riskier trading than investing in a particular coin. In trading ones trading account can be blown down to $0 in just a blink of an eye mostly for very highly volatile coins but for investment you can only get a depreciation and rarely will you invest get blown down so it's more easier with investing than trading
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November 14, 2021, 04:09:11 AM
 #125

There are actually so many ways to gain income in the crypto world, more than what you've mentioned in your thread. There are many jobs in this space, dude and if you widen your perspective and association then you might find it. There are some portals that will connect you with the project developers or provide you with some jobs in the crypto world, you can do some airdrop and bounties, bug bounties, NFTs, DeFis, and many more. Keep do the reading and discussing.

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November 15, 2021, 03:47:00 PM
 #126

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 many ways to earn crypto now.
1. Mining, it is needs machine to kine it ( GPU/ASIC )
2. Trading, a little bit risky for newbie but if you have experience in Forex trading then you good to go
3. Investing, its the very high risk to get crypto but also can make you rich if you put your investment in the right project.
4. Play 2 earn in the NFT Gaming platform
5. Making art and put it in blockchain as NFT
6. Make project and do fund rising ( this is for developer )
7. Staking ( there are two kind of staking. 1. Stake on Binance 2. Stake On chain to secure the network )

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nikita2020
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November 15, 2021, 07:34:59 PM
 #127


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

All cryptocurrency projects needs liquidity. That is why promotion for them is necessary. It is very important to attract community that people pays attention to the project.

To increase liquidity it is necessary to provide better conditions for liquidity providers. Now there are a lot of liquidity pools and liquidity providers have a big choice of liquidity pools.
TmHsHel
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November 16, 2021, 06:47:50 PM
 #128


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

To increase liquidity it is necessary to provide better conditions for liquidity providers. Now there are a lot of liquidity pools and liquidity providers have a big choice of liquidity pools.

Now there are many liquidity pools and all of them need liquidity provides. That is why it is very important to check conditions of liquidity pools to find better conditions.
blockman
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November 16, 2021, 10:54:25 PM
 #129

Now there are many liquidity pools and all of them need liquidity provides. That is why it is very important to check conditions of liquidity pools to find better conditions.
That's right, you have to be picky in liquidity pools. Because it sounds good upon hearing it but you're unsure that it's going to be a successful one. But most likely, many of those became successful and gave those providers that much benefit and profit.
It made a lot of interest for those investors that are looking for those but still, be careful in looking for one.

MaDeidre
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November 17, 2021, 03:20:55 AM
 #130

They all think that they can become rich quickly in the crypto world, and they will forget to pay attention to some details. When they actually operate, they will find that it is not as simple as they imagined. Whether in the crypto market or any investment project, patience is very important.
For novices, they don’t know when is the right time to sell coins or buy coins. They will sell them in a panic. Courage is also indispensable in investment.
nikita2020
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November 17, 2021, 07:05:29 PM
 #131


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

Now there are many liquidity pools and all of them need liquidity provides. That is why it is very important to check conditions of liquidity pools to find better conditions.

It is good that traders have a big choice of liquidity pools. It is very important to provide better conditions for liquidity providers to have the best conditions for traders.
Balmain
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November 17, 2021, 07:11:01 PM
 #132

You mentioned good points, I focus more on investing in cryptocurrencies. Trading or gambling is really risky and I try to stay away. Sometimes good opportunities come by trading or gambling, but mostly it is bad. For new users, I recommend only investing in pieces at first. Once they have mastered technical analysis for trading, they can move on to theory and then practice.

bonyaserg
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November 17, 2021, 07:16:08 PM
 #133

For me, the cryptocurrency industry has become the most interesting thing to do. Since this is an amazing opportunity to work on site from the comfort of your home. Since the digital industry has become very popular and every day there are more cryptocurrency fans. Cryptocurrency can be used in different directions such as investing or trading on exchanges. With the advent of the cryptocurrency world, life has become interesting and eventful.
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November 17, 2021, 09:46:58 PM
 #134

Cryptocurrency is also full of risk and high risk high profit,You can be profitable if follow the trading rules and get deep knowledge about crypto.The main advantag of crypto is you are own bank no need to wait for any approval of any paper work,You can make transaction globally without any hurdle.
Crypto is future of the world,its market hit in trillions just in a decade and coming decade is most precious for the crypto.So Early adopters in benefit and future is bright for those who invested in worthy projects.

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alan228
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November 18, 2021, 07:52:05 PM
 #135


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

It is good that traders have a big choice of liquidity pools. It is very important to provide better conditions for liquidity providers to have the best conditions for traders.

Now many DeFi projects use different liquidity pools to offer users more abilities to earn money and more choice. Also liquidity providers have a big choice of liquidity pools.
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November 20, 2021, 04:50:03 PM
 #136


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

It is good that traders have a big choice of liquidity pools. It is very important to provide better conditions for liquidity providers to have the best conditions for traders.

Now a lot of new tools appear for traders. Trading become more profitable and less risky and this attract a lot of people to cryptocurrency and trading.
daxetoken
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November 21, 2021, 05:56:47 PM
 #137


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

Now a lot of new tools appear for traders. Trading become more profitable and less risky and this attract a lot of people to cryptocurrency and trading.

Trading allow to earn a big money. Just see how many now exchanges and how big are trading volumes on exchanges.
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November 22, 2021, 01:06:47 PM
 #138

Cryptocurrency is also full of risk and high risk high profit,You can be profitable if follow the trading rules and get deep knowledge about crypto.The main advantag of crypto is you are own bank no need to wait for any approval of any paper work,You can make transaction globally without any hurdle.
Crypto is future of the world,its market hit in trillions just in a decade and coming decade is most precious for the crypto.So Early adopters in benefit and future is bright for those who invested in worthy projects.
Global trading part is the thing that got me. Becoming my own bank was a very important thing because I didn't like banks and I still do not like banks, they are basically the core problem with almost everything in our economical problem as a world. If banks acted properly and only became places that gave savings profit and took loans profit then they would be fine, however since their whole system is built around giving more loans than the money they have, the system is crippled and there is not enough money in the world to pay the loans back, hence inflation happens just because of that (and more reasons for even higher inflation).

So, I got into crypto believing I will be my own bank that is open to the whole world and could be sent even 10 cents from far side of the world to me. It worked and that Is why I decided to stay and been doing great.

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November 22, 2021, 04:00:25 PM
 #139

Indeed, I think gambling can’t be advantages for most of the people’s; It’s huge risky from any others investment in cryptocurrency. Trading and Investment also both of risks in crypto industry, If there is no proper research about the market condition. Most advantages in crypto you can control your own money and easy transaction.

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November 22, 2021, 08:23:54 PM
 #140

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.
These are just a few ways that people benefit/earn from the cryptocurrency market, there are still lot more other ways that people can be able to generate income in the cryptocurrency market apart from being a trader, and investor. I am not having good opinion about gambling, but there are people who play and also claim that they know how to do it perfectly and they earn from it, but I have never had any interest in trying it out.

Other ways that you can be able to earn through cryptocurrency is through campaigns, and staking. Staking is when you’re committing your cryptocurrency to support a blockchain network. The return you can get can be as high as 6%, and up to 18% or more for some coins/tokens.
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