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Author Topic: Using Crypto profits  (Read 1325 times)
romanfrolovv
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May 01, 2022, 06:36:05 PM
 #141


Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of  digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

Now market falls and it is the good time to buy tokens of cryptocurrency projects for the best price.
But the most important is to evaluate the future potential of the coins.

It is necessary to have experience to choose the right tokens for investment.
Very often people lose their profit from crypto investing in other projects.
lixer
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May 01, 2022, 09:19:15 PM
 #142

I personally convert some of the money I earn from cryptocurrency into money and invest some of it by buying Bitcoin Binance Coins.Because I saw that everything is needed for the future. If Bitcoin is pumping up a lot of price at some point then maybe a good one will come out of here. Even if Bitcoin is dumping a lot again But I can use my bank money for my needs.
That’s a good one, I also do the same thing; there are times that I would make profit and if I don’t know what to do with that money, I would just invest it back into Bitcoin. Although I don’t just invest it back, I first of all check the market and whether it is going to continue to increase or not.

And if I feel that there’s going to be a downtrend, I would just put that money into a fixed savings account where I would lock it for a period of time, and after that, when I see that the cryptocurrency market has maybe returned to a lower value or the price has been corrected after a bullish trend, I would then invest back into the market at a lower rate and also continue to hold.

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May 01, 2022, 11:46:37 PM
 #143

Usually I reinvest them into crypto. I earn mostly from bounties and farming so a huge chunk of them goes right back into farming and buying top 10 coins for long term hodling. Different strokes fir different folks. Try and develop your own strategy
Smack That Ace
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May 02, 2022, 02:20:47 AM
 #144

As like me short time invest because ই do not have enough money to invest for a long time so a small profit in a short time is perfect for me. Moreover, I have been deceived by the crypto market in my life so i do not want to invest with lot of money. If you have no shortage of money then you can invest for long time but must have good token.

Short-term investment will be very difficult to bring you profits. You got scammed by the crypto market, it's your fault not the cryptocurrency because you didn't do your research before joining don't blame crypto.

If you want to make quick money and get rich in the short term, you have to accept the risks it brings. If you don't want to be cheated then choose Bitcoin, I am sure you will never be cheated again.

My portfolio has been a bloodbath several times since I ventured into crypto. Even though I didn't put my life savings into it, I laugh every time I open it. It's not a big deal to me. It's no big deal to learn the hard way by buying at ATHs. It will just take a while for the bags to go up. Wait until Bitcoin is back to its expected price before looking at your portfolio. I typically buy an amount every week. When it makes sense, will cash out.

Crypto is considered a risky investment because its volatility is too high, but honestly investing in crypto is not too difficult to make profit if we invest in the right way, not greedy, not in a hurry, always research carefully before investing.
Investing is a long process so we need to have patience, the market is bad right now I believe all of our portfolios are in a bloodbath but not selling means we have nothing to lose. The market cannot fall forever, just patiently wait for the market to rise again soon.

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May 02, 2022, 12:37:39 PM
 #145

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?
We aren't at euphoria so I'm not selling anything yet, right now I am staking ICP. Besides that, I wouldn't sell anyway because that would create a taxable event, I would take a loan on my crypto instead.
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May 02, 2022, 01:11:18 PM
 #146

the results we get in an investment are not instantaneous as well as bitcoin, it can't be separated because bitcoin is a long-term investment so it takes a long time so that we can get our investment results that are so satisfying, even though bitcoin investment is very promising but takes time which is a bit long in the process for us to get better results, therefore we have to be a little more patient in investing in the crypto world

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Tupan.io
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May 02, 2022, 02:41:42 PM
 #147


Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of  digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

It is necessary to have experience to choose the right tokens for investment.
Very often people lose their profit from crypto investing in other projects.

The more popular becomes cryptocurrency the more people earn money on digital assets.
That is why more and more shops accept cryptocurrency as a means of payment.
gabbie2010
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May 02, 2022, 03:41:46 PM
 #148

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?



I used to divide my profits into two and invest in other things while I use the remaining ones in solving personal problems.
In some occasion where I have access profit from the market,I normally invest in gold and real estate.
But basically it's just depends on the amount of profits am gaining from my portfolios that mostly determines what I will use it for.
This is exact method I also adopted, exchanged some of my profits to fiat through P2P straight into my bank account which I used to pay for some of bills and buy goods and services for the upkeep of my family, the other part is kept in wallet for reinvestment or mostly used it for trading, though it's not a huge amount of profits nevertheless it has been very helpful and solving some basic family needs, infact I am using this medium to thank Satoshi for creating Bitcoin which is a big revolution and had created a lot of opportunities.

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May 02, 2022, 04:24:12 PM
 #149

When I make a profit from crypto, I reinvest some of the proceeds, for the other part I buy for needs that really help me work in the crypto world itself and don't forget to set aside to save as an emergency fund when I really need it later. For the latter (saving for an emergency fund) it's something I have to do when I have more than enough money. Because it will really help me in the future.

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May 02, 2022, 04:30:24 PM
 #150

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

Well, not much since I will use it when something emergency happens in my family. If there's nothing emergency happens then I'm just gonna use it to buy the dip or increase my cryptocurrency portfolio. It's up to you, you can use your crypto profits for everything since many people already bought what they want with cryptocurrencies.


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xSkylarx
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May 02, 2022, 04:30:55 PM
 #151

When I make a profit from crypto, I reinvest some of the proceeds, for the other part I buy for needs that really help me work in the crypto world itself and don't forget to set aside to save as an emergency fund when I really need it later. For the latter (saving for an emergency fund) it's something I have to do when I have more than enough money. Because it will really help me in the future.

Mostly this is done to those who earn crypto. Same with me, but not all the time. There are times that I really need money, so I need to get some money from my crypto savings, but mostly I do use it to buy more coins, mostly those that have potential to increase in price. As for myself, I did not invest my own money to purchase an altcoin (that is really from my pocket); instead, I earned it online or here  in forum, so whether I win or lose, it is still a win-win situation for me.
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May 02, 2022, 04:59:54 PM
 #152

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

In my case , it depends on the situation of market and one more things that where I have invested. If I can see by doing market analysis there is a possibility of something good happening then I reinvest my profits . On the other side if I see something is not much profitable in future then I take my profit and looking for forward

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May 02, 2022, 05:01:34 PM
 #153

Well, not much since I will use it when something emergency happens in my family. If there's nothing emergency happens then I'm just gonna use it to buy the dip or increase my cryptocurrency portfolio. It's up to you, you can use your crypto profits for everything since many people already bought what they want with cryptocurrencies.
Every advantage of cryptocurrency can always be used wherever we want, because that profit is the result of hard work that is sought through several things so that it always has value and can be used anywhere.
The only problem is that not everyone can benefit under the same conditions, especially in conditions like today.



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Crypto Library
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May 02, 2022, 05:25:01 PM
 #154

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?


This is a personal question for me  Grin ,  because choose trading as a job but not as main . So when I make some profit from a trade I keep them separate . Most time I used Most of the time I use it for my personal work some times I also invest my profit for reinvest.Actually The capital that I used to trade first, I try to keep as capital again after making a profit.

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May 02, 2022, 05:39:07 PM
 #155

Usually I reinvest them into crypto. I earn mostly from bounties and farming so a huge chunk of them goes right back into farming and buying top 10 coins for long term hodling. Different strokes fir different folks. Try and develop your own strategy
I think everyone at this point has their own strategy in putting their money into investments and turning it back into the market at certain times.
Because the advantages of each thing will definitely be separated before being used in the next job.

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May 02, 2022, 05:39:18 PM
 #156

When I make a profit from crypto, I reinvest some of the proceeds, for the other part I buy for needs that really help me work in the crypto world itself and don't forget to set aside to save as an emergency fund when I really need it later. For the latter (saving for an emergency fund) it's something I have to do when I have more than enough money. Because it will really help me in the future.
Profit booking is my first priority. I use half of profit for buying best tokens and other to reserve for future. I used my all profit for now StepN shoes and I bought for 16 Sol. Now I recovered 60% in 15 days and very soon It will be recovered . Now I have full focus on GMT token and I am looking for GMt to be 50$.









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Artik_Finance
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May 03, 2022, 09:17:44 PM
 #157


Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of  digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

The more popular becomes cryptocurrency the more people earn money on digital assets.
That is why more and more shops accept cryptocurrency as a means of payment.

Now addoption of digital assets grow and cryptocurrency becomes more regulated.
Also increase the demand in digital tools and products including financial tools.
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May 03, 2022, 10:47:07 PM
 #158

Personally, I invest in Bitcoin for half of what I earn from cryptocurrency. Investing in Bitcoin seems a lot more reliable to me.Also some more profit I invest in altcoin.Investing in cryptocurrencies seems to me a lot more reliable. In the future, cryptocurrency will become more popular and Bitcoin will reach the top.
hashrateproducts
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May 04, 2022, 04:37:36 AM
 #159

Personally, I invest in Bitcoin for half of what I earn from cryptocurrency. Investing in Bitcoin seems a lot more reliable to me.Also some more profit I invest in altcoin.Investing in cryptocurrencies seems to me a lot more reliable. In the future, cryptocurrency will become more popular and Bitcoin will reach the top.
There are so many projects to make Profits from in Crypto. Investing in shitcoins are the best decision I have ever taken in the space, although it's risky but it's worth the risk. Like when I bagged Shiba worth of $100, although I followed the trends when it's was already late, my $100 turned to $500. As a trader, I wasn't greedy. I sold all my Shib and reinvested into new projects that have boom my port folio till present. Shitcoins coins have the capacity to pumped and dumped. The only thing is know when to join the trade and when to take Profits. Crypto Profits are used for reinvestment into new projects that have a good and clear road map.

Free space
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May 04, 2022, 05:01:13 AM
 #160

It depends, some feel safer having their profits in USDT or other stable coins as they grow while others use their profits to buy top coins like BTC and ETH, there is also another way, find a very good altcoin that you can stake for more rewards like Polkadot or Solana, they are good for the long term anyway.
yes, we can't hold it any longer in USDT, we are always interested in re-investing even though it means we take a high risk. Thinking it's buying Ethereum or Bitcoin which is already too expensive, some of the small profits that I get now prefer investing in small coins that are full of risk, I won't be sad when I lose because it's only a small profit that I use.

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