Post
Topic
Board Altcoin Discussion
Re: advantages in the cryptocurrency industry
by
ahoenk
on 15/11/2021, 15:47:00 UTC
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 )