FatFork
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Top Crypto Casino
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June 22, 2024, 05:06:32 PM |
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Eventually everyone will come to know that they are better off investing and holding for long term than to try various ways of earning through crypto. Surely some can make profits through other ways like memcoins, NFTs, staking, DeFi etc... but the amount of profits made by holding crypto for long term beats all the other methods of making money in crypto.
Now, I get what you're saying about the safest path - ideally we could all just buy some coins and sit back to watch our money grow. Sticking with the big, established ones minimizes your risk of losing everything. And for most average investors, that's 100% the way to go. But at the same time let's be real - skilled traders can totally cash in by playing the dips and peaks. And getting behind new projects early before they blow up big, that can mean way bigger returns than sticking to the big dogs. So while parking your money in BTC or ETH should protect your investment, other moves let you chase those sweet, sweet profits. I'm just making the point - there's upsides and downsides to every strategy here. It's complex very rarely a simple yes or no thing.
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Coyster
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Crypto Casino and Sportsbook
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June 22, 2024, 05:57:38 PM |
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2. Spot Trading :
3. Airdrop Farming:
Trading requires a lot of knowledge/skill, and i know "knowledge" is first on your list, but sometimes i tell beginners not to go into trading, even if they feel they have garnered knowledge for it. Better to start off investing in bitcoin for the long term using DCA method and if you are able to grow your investment, you might consider trading with a little part of your assets or profit. That being said, the days of earning from airdrops are really far behind us, it is an uphill task to even find one that is legitimate and the returns are too small and a waste of time, i wouldn't advise newbies to waste their time with airdrops or faucets.
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Oneandpure
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June 22, 2024, 06:57:35 PM |
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3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning.
This interested points to make money in cryptocurrency with free, join an airdrop project and be diligent to make research or getting information about airdrop project. Recently many people have dedicate their self make airdrop as main income after receiving much money and easily earn much from airdrop project. Then allocated few percent or airdrop reward for investing and most of them need skill or knowledge before holding their assets in top potential coins as short or long term investment. Participating in airdrop is low risk earn or make money in cryptocurrency because not spent capital such as investment and we got reward from airdrop by free after completing all task needed. But don't forget for investing in cryptocurrency after earning or making money from airdrop project to avoid some time airdrop not be popular anymore.
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Sandra_hakeem
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June 22, 2024, 09:53:54 PM |
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1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience. This is the problem we keep having all the time. "Someone reached out to me and demanded that I trade her funds on my account, with a monthly or weekly return of interest split in half.. all I told her was that she's lucky she discussed it with the right person that'd advise her; my advice was that she shouldn't dare to trade without having the knowledge on her own 2. Spot Trading : This is a tangible skill that differentiate you from another person. With this you know how to make money trading. But ensure you stay away from futures trading. Use spot trading to start.
Exactly! 3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning.
I'm afraid I'll have to disagree with this statement.. Telegram "play to earn" games aren't paying shit. Following airdrops is like scalping - nothing controls their listing process... It takes years to happen and mostimes, doesn't even happen.
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PX-Z
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June 22, 2024, 10:30:16 PM |
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I'm afraid I'll have to disagree with this statement.. Telegram "play to earn" games aren't paying shit. Following airdrops is like scalping - nothing controls their listing process... It takes years to happen and mostimes, doesn't even happen.
Most tokens now with compatibility in other dex get listed fastly than before actually. They might not be listed on major exchanges but they are indeed can be exchange to other coins or fiat due the help of dex. But it also good to note that trading volume matters, so famous/hype airdrop will generate more income, well, it will still based on number your airdrops on certain tokens.
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Barikui1
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June 23, 2024, 07:17:07 AM |
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I have mentored over 100 people in crypto. Some of them think Crypto is a get-rich scheme because they heard someone made $1m from a project. However, most of the time, they get into crypto and get their hands burnt along the way.
Here is my suggestions if you want to make money from crypto;
1. Knowledge first 2. Spot trading. 3. Airdrop Farming 4. Investing.
1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience.
2. Spot Trading : This is a tangible skill that differentiate you from another person. With this you know how to make money trading. But ensure you stay away from futures trading. Use spot trading to start.
3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning.
4. Investing: What will help you here is physiological skills like emotion management and patience. You will also need to learn when to invest and when to take profit.
To conclude this, you can learn this from credible YouTube channels and Coinmarketcap/Coingecko education channels.
All that you pointed out is very much valid no doubt, but I just feel like adding more to it, because you mostly talked on how to make money and you didn't talk on measures that should be taken not to fall prey in your investment and not to lose money. And one of them to me is greed, greed in crypto can be very destructive to an investor because you already knows that aside Bitcoin, it's very dangerous to invest in any other alt coin or shit coin there about, but due to greedy, you will still go ahead to invest in shit coin because of 50x or 100x, which in most cases, it's more likely to end in losses, and it's because of greed you will even get to that space in the first place. Another thing is lack of knowledge on how scammers operate, as a newbie, if you don't know how scammers operate and how to counter them, you are very much bound to lose money at some point in your investment journey.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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knowngunman
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June 23, 2024, 08:04:10 AM |
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I have mentored over 100 people in crypto. Some of them think Crypto is a get-rich scheme because they heard someone made $1m from a project. However, most of the time, they get into crypto and get their hands burnt along the way. This is the situation we found ourselves in today courtesy of social media influencers. These influencers looking for cheap popularity online and portraying themselves as crypto experts just to farm engagement contribute a lot to this misconception especially among the newbies in crypto industry. They flaunt fake and edited wallet with huge amount or trading tickets that doesn't belong to them. Newbies easily fall for this and assume crypto is money printing industry without risk. 1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience. Not only liable to fall for scam, you don't expect success when you are swimming in ignorance. Seeking knowledge is the first step to a successful journey because you need to know about the destiny you're heading to, the road that lead to the destination and what to expect along your way before embarking on the journey to avoid averting the journey halfway. 2. Spot Trading : This is a tangible skill that differentiate you from another person. With this you know how to make money trading. But ensure you stay away from futures trading. Use spot trading to start. I will rather advise beginners to avoid any form of trading without adequate knowledge to avoid losing their money. They should seek for mentor's guidance if they want to learn about trading. 3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning. It's a low risk with low expectation too. In fact, most airdrop now is just wasting of time as they are either not getting listed or worth probably nothing when listed. When the risk is low, such should be your expectations in case you choose to participate. To conclude this, you can learn this from credible YouTube channels and Coinmarketcap/Coingecko education channels.
This is not the way I expected you to conclude your post thou. The truth is that it's almost impossible not to lose money in crypto in one or another. The most we can do is to minimize it with some measures practicable.
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aylabadia05
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June 23, 2024, 09:29:46 AM |
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I know there are many doors to making money from crypto. but introduce them to the best.
The upside in altcoins is higher than that of bitcoin. So, asking people with $500 to invest in bitcoin will make them forever poor. Trading without a stable income will make people likely to fall into poverty. So, for them, they can make $ 500 in Bitcoin as savings rather than saving in fiat. So there is no such thing as poor because from $ 500 it will become $ 1000 if the price increases 2x from the current price. Logically, $ 500 will increase if people have the desire to do so. In trading altcoins, people will add their money to be used as capital. Likewise, investing in Bitcoin can be done by applying the DCA pattern.
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Fara Chan
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June 23, 2024, 11:04:50 AM |
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Trading without a stable income will make people likely to fall into poverty. So, for them, they can make $ 500 in Bitcoin as savings rather than saving in fiat. So there is no such thing as poor because from $ 500 it will become $ 1000 if the price increases 2x from the current price. Logically, $ 500 will increase if people have the desire to do so. In trading altcoins, people will add their money to be used as capital. Likewise, investing in Bitcoin can be done by applying the DCA pattern.
The DCA pattern is a pattern that is more suitable for investing in very valuable assets such as Bitcoin and this certainly cannot be blamed because using it is also quite easy as long as you have capital that can be used there consistently. But for altcoin trading, I think everyone still needs to look at the moment while being able to contain the risks when the market gets worse, because trading in altcoins also has no guarantee of big profits if the moment is not yet right. Although every trader who still maintains his assets is not said to be a person who has lost even though the value of his assets has decreased.
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Taskford
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2024, 11:24:13 AM |
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1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience.
2. Spot Trading : This is a tangible skill that differentiate you from another person. With this you know how to make money trading. But ensure you stay away from futures trading. Use spot trading to start.
3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning.
4. Investing: What will help you here is physiological skills like emotion management and patience. You will also need to learn when to invest and when to take profit.
To conclude this, you can learn this from credible YouTube channels and Coinmarketcap/Coingecko education channels.
On 4 of your options there I will take the spot trading teaching to all newbies since this is risky options or decision that they wanna try since for sure that they would just lost their money for possible wrong decisions they take. Lots of scams or market is volatile so for sure that they will find out its hard to handle those situation and for sure that there's high chance that they would just lost on their trades. So I would take this Learning knowledge first and Airdrop farming since this is the easiest way for them to learn and participate. But also they need to know the risk of possible scamming in airdrops so they could able to avoid those potential scam platforms. Investing maybe I will not suggest it but still would open up a discussion to them since its important that they need to learn something about it especially for bitcoin investment for long term since this is more better decision they can take rather than participating on meme coins or hyip investments.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Ndabagi01
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June 23, 2024, 02:31:00 PM |
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If we are to look into people’s success in cryptocurrency since its inception, a lot of people will just come into cryptocurrency to tap from that favour they’ve heard about cryptocurrency. Looking at the broader market you’ll know that those people have already spent time holding and been patient with the holding until it grew to the point of profiting from it fully. Some achieved those success through luck but more people achieved that through hard work, patience and perseverance. For you to be able to hold for a long time either as a beginner or old time cryptoreneur, you need to have the changed mindset of holding for that long and not just wait for lucks to happen because they don’t come often. For any of the four listed way newbies can make money through cryptocurrency, if they don’t learn how to hold and handle a portfolio, they will exit cryptocurrency earlier from the time they joined.
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CryptopreneurBrainboss
Legendary
Online
Activity: 2366
Merit: 4260
eXch.cx - Automatic crypto Swap Exchange.
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June 23, 2024, 08:51:47 PM |
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2. Spot Trading : This is a tangible skill that differentiate you from another person. With this you know how to make money trading. But ensure you stay away from futures trading. Use spot trading to start. I don't know if you numbered your message according to the steps newbie should follow. But after knowledge, investing should always come next and the coins that are best to invest in is Bitcoin before gambling on any other crypto you like. Note, investing in them should be a gamble and not as an investment that you put much hope on because things can go wrong with them to the extend of you losing everything. Spot trading and trading in general which includes options and future trades shouldn't be encouraged as easy or you'll put a wrong mindset that earnings is easy in those sections of the industry though it isn't an impossible act to try. 3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning. Few months back if you would had ask me I'll say this was a total waste of time and it would be better you look for a job than focus on this (which is still the fact) but due to recent events, Airdrops are becoming a thing again and that's just something about the crypto industry. Trends that fallout can always come back. Farming airdrop shouldn't be something you spend your whole time on because most of them will be a complete time waster while just a 1% succeed. Be extremely cautious when farming so the small you have don't get stolen trying to farm for more, investing is always superior.
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Obim34
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2024, 08:09:52 AM |
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1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience. This is the problem we keep having all the time. "Someone reached out to me and demanded that I trade her funds on my account, with a monthly or weekly return of interest split in half.. all I told her was that she's lucky she discussed it with the right person that'd advise her; my advice was that she shouldn't dare to trade without having the knowledge on her own You aswell was on the right part as you never accepted the offer, she must have heard a lot of cooked stories on how huge profits are made without understanding that the market trading might go side ways which means losing funds other than making profits, since she has no knowledge you will be falsely blamed for misused of funds giving to you for trading. Among everything listed by OP, the most beneficial would be to gain knowledge and also knowing how to interpret the knowledge into skills and actions which will in turn yield profits. 3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning.
I'm afraid I'll have to disagree with this statement.. Telegram "play to earn" games aren't paying shit. Following airdrops is like scalping - nothing controls their listing process... It takes years to happen and mostimes, doesn't even happen. Just few out of hundreds pay in good profits, it is not the most reliable way to earn profits so it would be unthoughtful depending on Airdrops farming. Anyone who is involved in the farming should have in mind that it is of greater possibility not paying than getting payed.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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doomloop
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June 24, 2024, 08:10:03 AM |
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If we are to look into people’s success in cryptocurrency since its inception, a lot of people will just come into cryptocurrency to tap from that favour they’ve heard about cryptocurrency. Looking at the broader market you’ll know that those people have already spent time holding and been patient with the holding until it grew to the point of profiting from it fully. Some achieved those success through luck but more people achieved that through hard work, patience and perseverance. For you to be able to hold for a long time either as a beginner or old time cryptoreneur, you need to have the changed mindset of holding for that long and not just wait for lucks to happen because they don’t come often. For any of the four listed way newbies can make money through cryptocurrency, if they don’t learn how to hold and handle a portfolio, they will exit cryptocurrency earlier from the time they joined.
I think new traders still can't wait as old traders did and are still doing because they understand the market and coins better than new ones and they have already profited. It is easy to do the work that we have done before, but the grief that we are in, our anxiety, fear, and worry are too much. So, new traders should make their investments where they don't have to wait for a long time and have a good understanding of the market and coins, especially the ups and downs of the market. The market can never be smooth, in the market, there is not always one kind of opportunity to trade, and no good profit can be obtained all the time, above all, it is necessary to understand that only the money invested in the market is not necessary to keep it for a long time otherwise it can be damaged. Not just trading in any field of life when we are new, we need to learn first. We can never replace an experienced person immediately. It takes us some time to reach that place and that time is a learning process.
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aylabadia05
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June 24, 2024, 08:15:02 AM |
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<snip> But for altcoin trading, I think everyone still needs to look at the moment while being able to contain the risks when the market gets worse, because trading in altcoins also has no guarantee of big profits if the moment is not yet right. Although every trader who still maintains his assets is not said to be a person who has lost even though the value of his assets has decreased. The potential for profit on altcoins is also not closed if people choose top altcoins because top altcoins will also reach ATH when Bitcoin experiences a price spike to reach the latest ATH. Only a few top altcoins such as Ethereum are included in investment recommendations if Bitcoin's capabilities are not there. Regarding trading, I don't know what to say because long-term investment is more promising.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Porfirii
Legendary
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The Alliance Of Bitcointalk Translators - ENG>SPA
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June 24, 2024, 12:32:51 PM |
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<snip> But for altcoin trading, I think everyone still needs to look at the moment while being able to contain the risks when the market gets worse, because trading in altcoins also has no guarantee of big profits if the moment is not yet right. Although every trader who still maintains his assets is not said to be a person who has lost even though the value of his assets has decreased. The potential for profit on altcoins is also not closed if people choose top altcoins because top altcoins will also reach ATH when Bitcoin experiences a price spike to reach the latest ATH. Only a few top altcoins such as Ethereum are included in investment recommendations if Bitcoin's capabilities are not there. Regarding trading, I don't know what to say because long-term investment is more promising. Don't underestimate the idea that all investments in cryptos, even in Bitcoin, are highly risky and a "lottery" somehow. You may think that an altcoin will go to the moon, and perform worse than BTC, or think that the price of BTC will slowly go up, just before a sudden dip happens (or even worse, enter a bear market). You can expect, based on past performance, that top coins always recover in the long-term, and be wrong one day.
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CoinMin3r
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June 24, 2024, 12:49:15 PM |
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1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience.
3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning.
I agree Beginner should have the knowledge first of overall crypto sphere before diving into it reading someone's success story of making millions. Knowledge and luck play crucial factors in those success. Beginners can start with farming airdrop and collect as many as they can. If one haven't invested anything from their pocket there is no question of losing funds.But one have to research hard to find good and legit projects as there are many fake and scam airdrop traps.
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pawanjain
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June 26, 2024, 04:43:16 PM |
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Eventually everyone will come to know that they are better off investing and holding for long term than to try various ways of earning through crypto. Surely some can make profits through other ways like memcoins, NFTs, staking, DeFi etc... but the amount of profits made by holding crypto for long term beats all the other methods of making money in crypto.
Now, I get what you're saying about the safest path - ideally we could all just buy some coins and sit back to watch our money grow. Sticking with the big, established ones minimizes your risk of losing everything. And for most average investors, that's 100% the way to go. But at the same time let's be real - skilled traders can totally cash in by playing the dips and peaks. And getting behind new projects early before they blow up big, that can mean way bigger returns than sticking to the big dogs. So while parking your money in BTC or ETH should protect your investment, other moves let you chase those sweet, sweet profits. I'm just making the point - there's upsides and downsides to every strategy here. It's complex very rarely a simple yes or no thing. That's ofcourse right but I had posted from a beginner's point of view. Skilled investors can have multiple sources of income with each of them involving their own risks. I guess we all agree that buying and holding is the best way to make money for beginners.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Woodie
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June 26, 2024, 05:18:07 PM |
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I have mentored over 100 people in crypto. Some of them think Crypto is a get-rich scheme because they heard someone made $1m from a project. However, most of the time, they get into crypto and get their hands burnt along the way.
Here is my suggestions if you want to make money from crypto; ~snip~ 1. Knowledge First: This is foundational. If you don't have this you are liable to fall to scam. You need to learn about wallet, exchanges, dexes, and conviction and patience. Knowledge first also infuses research which I believe is the first step everyone needs to take in whatever we try to do to avoid wasting valuable time and money! Besides ignorance is not an excuse and we shouldn't give them. 2. Spot Trading : This is a tangible skill that differentiate you from another person. With this you know how to make money trading. But ensure you stay away from futures trading. Use spot trading to start. Honestly, I will just say trading isn't for everyone... 3. Airdrop Farming: This is a low risk way to make money in crypto. Learn the popular airdrop in crypto space. Currently Telegram mini app farming is what is reigning. Tbh Airdrops are time consuming, and with this generation of Airdrops if you aren't careful one can get hacked which is why am not a fan of them and too many shitcoins out there which makes me write this off as a way to make money.. 4. Investing: What will help you here is physiological skills like emotion management and patience. You will also need to learn when to invest and when to take profit.
Buy and hodl is much more basic that won't need much skill if you going with the wind, but better play it safe and go with informed/skilled investments.
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Onyeeze
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June 26, 2024, 09:42:59 PM |
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I don't talk much about trading or other things to people who ask me. when someone asks about crypto trading or wants other information from me. then I will just suggest them for Bitcoin investment. Some people are actually very interested in the hype brought by memecoin, and friends asked me about memecoin. but I will just answer Bitcoin is the best and invest there and you will make money. regarding knowledge and risks, they should have studied it first out of their curiosity. I know there are many doors to making money from crypto. but introduce them to the best.
in trading you have to understand that have advantages and disadvantages, if you have acquired the knowledge of trading very well it will be better for you to trade than going into trading that you know, so what I'm trying to say is that trading gives profit and also make you to lose, the risk involved in trading is much and the risk involved in investment is equivalent to the one of trading, so many people doesn't know such, but I know it that have to do with crypto investment is all about risk, their is some people who panic very well concerning bitcoin price when the price is getting low and with out of fear they will sell their bitcoin belows what they purchase it.
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