Post
Topic
Board Nigeria (Naija)
Re: THE TRADERS AND THE MINERS ARE BOTH SMILING
by
DaNNy001
on 04/08/2024, 22:15:20 UTC
In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

Traders use their money to make more money just by buying potential coins and keeping it for some time. They sell off when the coin appreciates in value.  While on the other hand
The miners just like most of us now, just interact with some apps, do the task required by the devs and claim free coins daily ontill the project lunches, then sell off and enjoy the money. You pay nothing to get them, every free money in crypto is called AIRDROP.

This is where many people leverage on. There's no need sitting down to complain of no capital to start a business or looking for urgent 2k, when people make millions by just pressing their phones.
The same energy you put in social media vibes put it in whatever area of Crypto you decide to major on and make some cool cash without stress.



Benefiting significantly from crypto is all about investing money, I don't think you can compare the results of those that trade and min crypto, traders are way above their league, knowing the right project to min as a beginner might be challenging...crypto mining might disappoint you in the end, you need sound knowledge on both of them but trading crypto is far better than mining..To those that are new to mining be careful so you won't get scammed, they are so many fake projects out there


I totally agree with you on this, mining airdrops can't give you much compared to crypto trading, a lot of people say that they would rather mfarm airdrops which they consider to be free instead of risking money and at the end of the day they get scammed in the process of trying to withdraw their tokens... airdrops are not what they used to be, the engagements on these projects are way too much, this is the main reason why a lot of web3 projects have failed this year...the traders and miners can never be on the same league