yazher
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October 29, 2021, 07:40:36 AM |
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Yes! if you landed on a successful project whether it is NTFs or Altcoins. Because some of those projects are hoaxes and do not really work that way when you don't use your mind and you just simply invest with the random altcoins. Some of the NFT projects are trash and some of the altcoins out there are just shit coins that will not raise their price no matter how will the situation of the crypto market is.
Therefore, what you need to do is be updated on the crypto news that publishes trusted content because that will be convenient for you to know whether the project you are about to invest your money in is good or not.
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NFThapppen86596
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November 02, 2021, 08:59:27 AM |
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I read CZ Binance said about crypto. He said the best way to be wealthy in crypto is to hold it. If someone held a single Bitcoin since 2015 and never sold it, the person would be in great wealth, no doubt, unlike if they tried to trade it (which most do and then lose out on it). I share in CZ's view point and this is why I'm of the opinion that holding is also a form of trading.
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Gayong88
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November 02, 2021, 10:54:57 AM |
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Investment selection can be anything. for those who like to invest in the world of the money market, today, many are smiling, especially when they enter in July when BTC is $30,000 and hold until now feel the sweetness of the added value of profit. Even though crypto continues to rise, I remain vigilant. However, crypto is high risk so you have to be prepared to lose if at any time it gets slammed badly.
In my view, you should diversify your investment. At least try to return your initial capital first, the rest let the profit be played, the important thing is that the initial capital has returned so that if you lose, you don't eat the initial capital. Don't be greedy, still have to be alert, it can be slammed suddenly!
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bitcon
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November 04, 2021, 07:22:50 PM |
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I don't think that we can become rich in a short period of time. If we chase this goal, we are more likely to lose as it looks like gambling where only 1-2% of people are lucky to earn.
We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
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sunsilk
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November 04, 2021, 09:42:34 PM |
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I don't think that we can become rich in a short period of time. If we chase this goal, we are more likely to lose as it looks like gambling where only 1-2% of people are lucky to earn.
We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
There are lucky traders that have been caught by hype and they've managed to become rich in a very short period of time. But the risk is with them and it's the highest because those projects that they're trading, they're likely to dump at the lowest that it can. That's why if you're aiming to be a rich person through cryptocurrencies, you have to do it with the moderate method. You'll become rich if you're too good but don't be too hasty.
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Gozie51
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November 04, 2021, 09:57:46 PM |
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Digital money is increasingly being accepted as an alternative currency. The most popular at this time is Bitcoin Yes of course many people who already know how to make profits in crypto need various ways to get quick glory, during the bear market a lot of people have ripped off profits, They also joined a lot of new projects supported by platforms that good for cryptocurrency users while waiting for the bull run to happen.
In this modern times being smart is the best to generate wealth. People no longer get to physical struggle to make money because the internet has so much of opportunity like blogging, web creation, trading of cryptocreency, script writing. Hodling cryptocurrency also is a big business that much people have made wealth from too. Bitcoin hodling have benefited early hodlers and altcoins too have valuable coins like Ethereum, cardono and many others like dogecoin that has made people rich.
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dark1234
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November 04, 2021, 10:08:08 PM |
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Digital money is increasingly being accepted as an alternative currency. The most popular at this time is Bitcoin Yes of course many people who already know how to make profits in crypto need various ways to get quick glory, during the bear market a lot of people have ripped off profits, They also joined a lot of new projects supported by platforms that good for cryptocurrency users while waiting for the bull run to happen.
In this modern times being smart is the best to generate wealth. People no longer get to physical struggle to make money because the internet has so much of opportunity like blogging, web creation, trading of cryptocreency, script writing. Hodling cryptocurrency also is a big business that much people have made wealth from too. Bitcoin hodling have benefited early hodlers and altcoins too have valuable coins like Ethereum, cardono and many others like dogecoin that has made people rich. everyone can become rich with their intelligence to find opportunities with their respective strategies in this digital era world, but we also can't close their eyes to those who fall into poverty because they are too greedy to get rich overnight, so those who can master their mentality have more opportunities. for rich
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RussianEnglishTranslation
Jr. Member
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Merit: 6
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November 05, 2021, 05:32:23 AM |
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Altcoins and NFTs, without a shred of doubt.
We have entered the age of digital transformation and the digital economy. Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.
Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month. Everything is digital now.
Don’t get left behind.
I would argue that the fastest way to get rich in crypto is to farm on a platform like Pancakeswap or Ref Finance. Sell the farming rewards for USDC and cash out via a crypto card. An extra 50 usd a day really adds up.
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dificanovi
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Buzz App - Spin wheel, farm rewards
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November 05, 2021, 02:20:44 PM |
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Everything requires a process and no one gets rich suddenly without effort and hard work. In the crypto world we know that this digital currency can be obtained by buying it and mining. Crypto currency can be invested, it can also be used as a means of payment and can also be traded for profit. From the explanation above, what I think of is to get bigger and faster profits than other ways, namely by mining and trading. If we invest in cryptocurrencies it will definitely take a very long time to get bigger profits.
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tygeade
Legendary
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November 05, 2021, 04:23:54 PM |
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Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month. Everything is digital now.
I must say that holding bitcoin for years is the simplest way to become richer in the world of cryptocurrencies. Some altcoins may get you similar opportunities but I am always afraid of taking risk with random coins and tokens. Always sailing with calculated risks must be my way of catching fish in this crypto space. I do invest only with bitcoins and few other altcoins which are here for years and already proved their potential. This way I may miss out few potential earning but I just prefer to secure my bitcoins at first hand rather than losing it when hunting for opportunities to multiply.
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jrrsparkles
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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November 05, 2021, 04:34:44 PM |
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Altcoins and NFTs, without a shred of doubt.
We have entered the age of digital transformation and the digital economy. Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.
Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month. Everything is digital now.
Don’t get left behind.
I guess that's a poor understanding about how to become wealthy, even you can become a millionaire with just 1 dollar if you are lucky enough to hit the lottery but the chances of hitting really matter right? Ofcourse altcoins are good for making quick money but its not a complete choice, just keep it as one and let's invest on all the choices available for you to invest.
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bamb
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November 05, 2021, 04:43:17 PM |
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I share your optimism about the potential of cryptocurrency and your brief example of how holder of bitcoin at different time have become successful simply by holding their coin. Bitcoin has hit the mainstream and we may not see those 50, 100 times we have seen in the past. But I cryptocurrency space is one of most creative and liberal space to make good money!
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jaberwock
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November 05, 2021, 06:20:56 PM |
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Bitcoin has hit the mainstream and we may not see those 50, 100 times we have seen in the past. But I cryptocurrency space is one of most creative and liberal space to make good money!
Do you mean that we cannot see again such a massive growth in the near future? I don't think so. There are a lot of possibilities for history to be repeating again and again. At the same time we need to note that only with bitcoin investment opportunity we can make such a massive profits and definitely not with any other cryptocurrencies. I do invest only with bitcoins and few other altcoins which are here for years and already proved their potential.
That must be one of the easiest to way to make use of available opportunity in this crypto space unlike what most other people are risking with random coins and tokens. We can simply invest only with bitcoins so that we can enjoy high returns in long run but for no reason people are not ready to believe in this.
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Teknisi88
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November 05, 2021, 06:33:03 PM |
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Altcoins and NFTs, without a shred of doubt.
We have entered the age of digital transformation and the digital economy. Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.
Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month. Everything is digital now.
Don’t get left behind.
Yes I agree. The presence of crypto currency is still reaping pros and cons because it is considered speculative. However, the fact that Crypto investment investment can provide some young people to become billionaire. Since the emergence of Bitcoin, one of the types of digital currencies in 2009, many horrendous spicy dreaming. Starting from an increase in rapid value to the commotion that arises to discuss the issue of legality in a country.
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BIT-BENDER
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November 05, 2021, 06:33:31 PM |
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Altcoins and NFTs, without a shred of doubt.
We have entered the age of digital transformation and the digital economy. Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.
Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month. Everything is digital now.
Don’t get left behind.
Crypto-currency is exciting and lucrative, perhaps the reason it's getting investors, but I have read about more billionaires from stocks, shares and real estate than crypto-currency, I would back crypto-currency any day, but as the future and not investors puppet, I don't want crypto-currency to be like real estate one day where it's only affordable by celebrities, wealth owners.
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dupee419
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November 05, 2021, 06:36:09 PM |
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Almost everyone who gained profit from Bitcoin definitely will advice the youngsters to invest as early as now, and as a person whom also gained profit from my time of investing, I strongly agree, I agree that this is the fastest way to actually grow your wealth, investing in such projects right now like NFT and DeFi will give you a short-term gain, since we all know that NFT may not last long and considered as a hype, so it's best to invest on it while the hype is still there.
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Natalim
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November 05, 2021, 08:00:28 PM |
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Almost everyone who gained profit from Bitcoin definitely will advice the youngsters to invest as early as now, and as a person whom also gained profit from my time of investing, I strongly agree, I agree that this is the fastest way to actually grow your wealth, investing in such projects right now like NFT and DeFi will give you a short-term gain, since we all know that NFT may not last long and considered as a hype, so it's best to invest on it while the hype is still there.
There is still good profits when you come to invest in those hyped tokens but make sure you know when to make the best exit so you won't be losing in the end instead of gaining profits. That is more risky i guess. I still think the best way to make huge profits is to buy bitcoin when its cheap and hold it as long as you want. You will be surprised that its value has reached its new ATH one of these days, and maybe time to sell some of them. But knowing bitcoin, it will grow more, so maybe continue holding some of your bitcoin for a better future profits.
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mindrust
Legendary
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November 05, 2021, 08:06:44 PM |
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Memecoins are big lately.
Altcoins is a bit too generalized term. There are many boring shitcoins like litecoin which stopped growing ages ago.
Doge is pretty boring too lately but shibainu made a killing.
If you can find the next big meme coin, you'll make a fortune. Just have Elon on follow and don't miss a tweet from him. Elon guide us
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Dewi Aries
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November 05, 2021, 10:13:25 PM |
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There are a lot of ways of now and people can choose whatever strategy to made them rich in their own way. If in past maybe in trading activity there are mostly people do spot or margin trading, now we can choose any type of trading, kind of investment, etc. As long we know there are a risk behind it and we must know strategy to minimize that risk. With that, we can be successful in crypto world.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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November 05, 2021, 11:02:55 PM |
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I believe that saving accounts in crypto form is the greatest thing that anyone could ever do. Doesn't really matter how much you earn or how much you can save since in crypto things could go up a lot more than what they could in fiat world. So, if you could put 50 bucks a month into crypto, and do that for 30 years, you will retire a very wealthy person.
The problem however in crypto is that people are after profiting in under a year. They aim at making a profit in less than a year and that is not something I believe they could do. In that case if you are failing to do it that much then you should maybe focus on much much more long term? That usually yields a lot more profit. Because people are looking to get rich in less than a year, they end up risking more and more in order to earn more, which results with a lot more loss. So instead of becoming wealthy in 30 years, people end up being poor in under a year.
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