What’s the fastest way to grow wealth in our present world of digital currency?

[Rufsilf]

No need to mentioned I guess. Many users even here knows that. I'm sure plenty of traders whom bought a lot of crypto during bear market already ripping all the profits now. But it doesn't mean they already out, possibly they still holding some bags for a possible mega bull run that would occur this year. Who knows, since market sentiment is quite good. It's not abot nft but also defi hitting up the market so smooth. A lot of new projects with a great platform came in and join ng those old one seems pretty bullish for all crypto users.

Yes, they are already ripping the fruits that they obtained in the last bear market and the others might still hodl it for another year.
But is it really possible that there will be a massive bull run before the end of 4th quarter? Because I think it's a bear market will appear before the end of 2021.
But if it's gonna happen then that's a good news for the crypto hodlers and investors, since hodling is the safest investment with a low-to-medium risk and 2021 is a good year for bitcoin and other cryptos, might be much greater if 2021 will end with a huge bang. Anyways, we'll see because it is already 2months left this year.

[Teknisi88]

Invest one to make it happen in cryptocurrency activities. What is interesting in Crypto is that it is not easy to predict what will happen to the market. For those who bought coins last year, I think they would have been rich this month if they chose to sell at a time when the market price of the coins increased.

Yes I agree with you.
One of the advantages of Cryptocurrencies is the enormous potential for increasing the value of the currency. This will certainly provide benefits for the owner of this currency. Some people who had bought bitcoins when the price was still low, have now suddenly become rich by selling their bitcoins when the exchange rate soared.
This potential price increase is what often makes people tempted to invest in Cryptocurrencies.

[galambo]

Caution: cryptocurrency is not a quick rich scheme

People who thought that they can double their money in the next few months took loans and invested on cryptocurrency but what happened they lost the cryptocurrency value and also their life so never assume that its an investment unless you are ready to lose the capital completely.

No matter how many times we say or write this thing, people won't understand that. Crypto is seen by many people as a scheme to get rich overnight, just like OP is asking. IMO the only way to get rich ( not necessarily quick) is HODL i.e. you take your positions and then wait for target price to be reached. Hodling is ignored and not liked since it takes time.

[traderethereum]

Caution: cryptocurrency is not a quick rich scheme

People who thought that they can double their money in the next few months took loans and invested on cryptocurrency but what happened they lost the cryptocurrency value and also their life so never assume that its an investment unless you are ready to lose the capital completely.

No matter how many times we say or write this thing, people won't understand that. Crypto is seen by many people as a scheme to get rich overnight, just like OP is asking. IMO the only way to get rich ( not necessarily quick) is HODL i.e. you take your positions and then wait for target price to be reached. Hodling is ignored and not liked since it takes time.

What you say is right, especially in this year as from the first month, people see many of them are making a profit from crypto and that attract the others to invest their money in crypto just to expect they will make big money in the short term.
If they know the process, I doubt they will survive in crypto and make money from crypto.
They need to change their mindset that nothing will give a quick result because everything will have a process before achieving what we want.
Sometimes we fail in the middle of our journey, but we can succeed someday if we do not give up.

[Findingnemo]

Caution: cryptocurrency is not a quick rich scheme

People who thought that they can double their money in the next few months took loans and invested on cryptocurrency but what happened they lost the cryptocurrency value and also their life so never assume that its an investment unless you are ready to lose the capital completely.

No matter how many times we say or write this thing, people won't understand that. Crypto is seen by many people as a scheme to get rich overnight, just like OP is asking. IMO the only way to get rich ( not necessarily quick) is HODL i.e. you take your positions and then wait for target price to be reached. Hodling is ignored and not liked since it takes time.

What you say is right, especially in this year as from the first month, people see many of them are making a profit from crypto and that attract the others to invest their money in crypto just to expect they will make big money in the short term.
If they know the process, I doubt they will survive in crypto and make money from crypto.
They need to change their mindset that nothing will give a quick result because everything will have a process before achieving what we want.
Sometimes we fail in the middle of our journey, but we can succeed someday if we do not give up.

Making money is not always meant to be we're rich, we can call someone as rich only when they are making money consistently so its a long process as you said so no one should think that they doubled their altcoin investment once in a short time can't expect to be happen like that in the every occasion.

[adzino]

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.

Sure, NFTs and Altcoins right now are the fastest way to grow wealth, but also the fastest way to lose everything. Most of the altcoins that will make you rich overnight are the "shitcoins" that gets pumped and dumped. If you don't exit at the right time, you will be losing everything. Not sure about NFTs. Do you think they will have the same value once the hype or trend is over? Best way to grow your wealth is to invest in bitcoin and hold them for long term. Risk is low and you will be making some nice profit over time.

[Rahman11]

While some early investors have made a lot of money investing in Bitcoin and other forms of cryptocurrency, it's still a risky investment. ... However, it's best to avoid going into it under the assumption that it will make you a millionaire.

[LogitechMouse]

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.

Well if we will just consider the quickness of growing wealth, NFT and altcoins are probably the fastest ones in the crypto world that can give you wealth.

On the other hand though, lets not forget that they are the fastest ones too to lose your money. We've seen numerous altcoin projects that ended up as a scam and the same as NFT's. Just a few days ago we saw Squid Game Token ended up as a rugpull. Many of these will be done in the future .

Overall, investing in Altcoins and NFT's are a good investment. Just always do your research always and only invest what you can afford to lose.

[Cling18]

No need to mentioned I guess. Many users even here knows that. I'm sure plenty of traders whom bought a lot of crypto during bear market already ripping all the profits now. But it doesn't mean they already out, possibly they still holding some bags for a possible mega bull run that would occur this year. Who knows, since market sentiment is quite good. It's not abot nft but also defi hitting up the market so smooth. A lot of new projects with a great platform came in and join ng those old ones seems pretty bullish for all crypto users.

Yes, lots of traders and investors have learned from their past experiences and I believe that most of us know how to take advantage of every market situation. Good coins especially Bitcoin are worth buying and holding until the good time to sell comes and that I think is the best way to grow our wealth during this digital era.

[Traderbtcc]

No doubt crypto is one of the easiest way of making money right now, the best part about it is that you don't really have to study too hard, just manage your risk and know what project are good to invest in, although there will be some looses but the gain percentage should be high, altcoins help out the most since bitcoin is too big for most people like me, I normally buy good altcoins that have real utility e.g avax, near, ltx & sol, although I bagged more of Near than any other coin here, since Near is programmed to reach the top 10 spot soon, I see near reaching a minimum of $50 by this time next year,so buying now is a plus imo.

[tsaroz]

No doubt crypto is one of the easiest way of making money right now, the best part about it is that you don't really have to study too hard, just manage your risk and know what project are good to invest in, although there will be some looses but the gain percentage should be high, altcoins help out the most since bitcoin is too big for most people like me, I normally buy good altcoins that have real utility e.g avax, near, ltx & sol, although I bagged more of Near than any other coin here, since Near is programmed to reach the top 10 spot soon, I see near reaching a minimum of $50 by this time next year,so buying now is a plus imo.

Crypto surely is a quick way to earn. No other market would give you comparable ROI. But with higher chances there are higher risks.
Diversification, on coins, type of coins and how you invest. NFTs, Defi coins, stable coins, utility tokens and other coins. Joining good projects in pre-sells, buying the dips. Trading with bots and manual, staking coins for larger rewards, stablecoins LP for safer earnings.

[RankerCan]

Well if we will just consider the quickness of growing wealth, NFT and altcoins are probably the fastest ones in the crypto world that can give you wealth.

On the other hand though, lets not forget that they are the fastest ones too to lose your money. We've seen numerous altcoin projects that ended up as a scam and the same as NFT's. Just a few days ago we saw Squid Game Token ended up as a rugpull. Many of these will be done in the future .

Overall, investing in Altcoins and NFT's are a good investment. Just always do your research always and only invest what you can afford to lose.

One thing we all need to remove from our mind is the greed of getting rich in short duration. Crypto is very risky, even with proper research you end up ending in scam projects. To my best knowledge, it's good to keep major part of your investment in invest in solid coins like BTC, ETH etc. While only 10 to 20% you can invest in new coins or projects like NFT, DeFi. My few staoshi.

[jerry0]

Wouldn't most agree is to get on some coin that is pumping... doge or shiba and similar and then once you double your money or triple it, get out and rinse and repeat?

[lixer]

Crypto surely is a quick way to earn. No other market would give you comparable ROI. But with higher chances there are higher risks.
Diversification, on coins, type of coins and how you invest. NFTs, Defi coins, stable coins, utility tokens and other coins. Joining good projects in pre-sells, buying the dips. Trading with bots and manual, staking coins for larger rewards, stablecoins LP for safer earnings.

Involvement of Elon Musk is also having big impact on this all because after his hype about Dogecoin give very good fortune to him now many celebrities and other peoples also announcing about their involvement and having very good fortune with this. But as OP is asking, the fastest way of having wealth is also very easy after we have some good digital and crypto related projects which are helping to grow your stuff very quickly.

SHIB is also going into top 10 markets in space of just one year mean now dignity is not important, just your hungriness about money is more important for having very good wealth. Just sack of your own start any fake project and fill yourself with money but still remember one thing when going from this world you are still having nothing in your pocket.

[RussianEnglishTranslation]

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.

NFTs seem to be the fastest way, so do dog coins but those are high risk. I prefer to yield farm on Spookyswap, Ref Finance, and Pancakeswap. These are paying me 100 usd per day, which is enough to live on.

[molsewid]

Involvement of Elon Musk is also having big impact on this all because after his hype about Dogecoin give very good fortune to him now many celebrities and other peoples also announcing about their involvement and having very good fortune with this. But as OP is asking, the fastest way of having wealth is also very easy after we have some good digital and crypto related projects which are helping to grow your stuff very quickly.

SHIB is also going into top 10 markets in space of just one year mean now dignity is not important, just your hungriness about money is more important for having very good wealth. Just sack of your own start any fake project and fill yourself with money but still remember one thing when going from this world you are still having nothing in your pocket.

It's undeniable that during the time Elon Musk made a tweet mentioning Doge (it was during the Q2 of the year) it made a hype to the token, I think he was the one who really made this crypto valuable even if it is meme coin. Today, I believe that through this digital currency platform, NFTs were one of the way to achieve our dream financial freedom the fastest way but thinking of investing in meme coin need to be very careful because the risk is still high. I think Shiba Inu will be the great competitor of Doge.

[carrigan]

The fastest way to get rich you can do is use Bitcoin. But it's a good idea to choose to hold zbitcoin because this will be much more profitable. Even though it can be quite long, the profit you get will answer all your hard work. If you want a quick profit you can choose to do day trading but don't expect the profit to be large because daily trading only takes a short time where market conditions only change slightly up and down. It all comes back to you, choose the right time and right.

[Abiky]

Crypto surely is a quick way to earn. No other market would give you comparable ROI. But with higher chances there are higher risks.
Diversification, on coins, type of coins and how you invest. NFTs, Defi coins, stable coins, utility tokens and other coins. Joining good projects in pre-sells, buying the dips. Trading with bots and manual, staking coins for larger rewards, stablecoins LP for safer earnings.

As they always say: "with high risk, comes high reward". Crypto brings huge rewards to the investor, but it's extremely risky as prices fluctuate constantly on the market. If you play your cards right, you could help grow your wealth with crypto faster than traditional banks. There are so many ways to make money with crypto limited to your own imagination. Staking and lending are usually the best ways to grow your wealth in crypto land. Combine this with stablecoins, and you're on a road towards financial freedom. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

[michellee]

The fastest way to get rich you can do is use Bitcoin. But it's a good idea to choose to hold zbitcoin because this will be much more profitable. Even though it can be quite long, the profit you get will answer all your hard work. If you want a quick profit you can choose to do day trading but don't expect the profit to be large because daily trading only takes a short time where market conditions only change slightly up and down. It all comes back to you, choose the right time and right.

Holding bitcoin needs to have patience and control ourselves because I see many people can become panic when they see the price drops in a second and make them sell their bitcoin instantly. It needs more practice to hold bitcoin with the right and how we can buy more bitcoin at the right time.

I believe that the process will not lie to us as if you are working hard to earn more bitcoin and make a profit from trading, you will see that your capital will grow from time to time. As long as we know what we need to do and have the way to try to make a profit, we will make a big profit someday.

[lumierre]

Altcoins and NFTs, without a shred of doubt.

I am not really sure about NFTs as because of hype there are too many scams now that release their own NFTs and investors who follow this hype, invest in such projects and then lose their money. When you choose an NFT-project to invest, be very careful and investigate web-sites, social media, documents, team members and community.