advantages in the cryptocurrency industry - page 2.

blockman

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Quote from: TmHsHel on November 16, 2021, 01:47:50 PM

Now there are many liquidity pools and all of them need liquidity provides. That is why it is very important to check conditions of liquidity pools to find better conditions.

That's right, you have to be picky in liquidity pools. Because it sounds good upon hearing it but you're unsure that it's going to be a successful one. But most likely, many of those became successful and gave those providers that much benefit and profit.
It made a lot of interest for those investors that are looking for those but still, be careful in looking for one.

TmHsHel

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Quote from: nikita2020 on November 15, 2021, 02:34:59 PM

Quote from: TmHsHel on October 23, 2021, 05:26:04 AM

Now meme tokens are very popular because they allow earning even more money than buying other coins and tokens.
A lot of people pays attention to meme coins because it is funny and profitable, like this https://twitter.com/defidotoken/status/1438810085636116482

To increase liquidity it is necessary to provide better conditions for liquidity providers. Now there are a lot of liquidity pools and liquidity providers have a big choice of liquidity pools.

Now there are many liquidity pools and all of them need liquidity provides. That is why it is very important to check conditions of liquidity pools to find better conditions.

nikita2020

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Quote from: TmHsHel on October 23, 2021, 05:26:04 AM

Now meme tokens are very popular because they allow earning even more money than buying other coins and tokens.
A lot of people pays attention to meme coins because it is funny and profitable, like this https://twitter.com/defidotoken/status/1438810085636116482

All cryptocurrency projects needs liquidity. That is why promotion for them is necessary. It is very important to attract community that people pays attention to the project.

To increase liquidity it is necessary to provide better conditions for liquidity providers. Now there are a lot of liquidity pools and liquidity providers have a big choice of liquidity pools.

ahoenk

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Quote from: kelonmusk on October 18, 2021, 11:28:22 PM

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 )

Luffygroove

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There are actually so many ways to gain income in the crypto world, more than what you've mentioned in your thread. There are many jobs in this space, dude and if you widen your perspective and association then you might find it. There are some portals that will connect you with the project developers or provide you with some jobs in the crypto world, you can do some airdrop and bounties, bug bounties, NFTs, DeFis, and many more. Keep do the reading and discussing.

dbc23

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Quote from: mr.robot8 on November 10, 2021, 11:20:33 AM

let's say that trading with crypto is easier because there is no regulation and no market limits, for investments i don't know they are really high risk i prefer traditional ones, gambling is more or less the same as traditional, maybe there is a little more anonymity / privacy using crypto

It's more riskier trading than investing in a particular coin. In trading ones trading account can be blown down to $0 in just a blink of an eye mostly for very highly volatile coins but for investment you can only get a depreciation and rarely will you invest get blown down so it's more easier with investing than trading

gwdf1

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All options that you have listed, require some capital from you, but the thing is that not all people have money to trade, invest or buy risky coins. So there are other ways such as airdrops, ambassador campaigns and bounties that can help you to enlarge your capital. But remember that there are a lot of scams that will not pay you anything so be ready for it.

xSkylarx

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Quote from: whiteblue on November 12, 2021, 11:57:41 PM

Quote from: altixz on November 12, 2021, 04:01:20 PM

Promotion is necessary for every coin. Now it is very important to attract attention to the coin or project because competition on cryptocurrency market is very high and there are a lot of projects.

Even those who have done promotions are not necessarily successful even though they are known by many people because every project must have a good and real product so that it can be successful and also it will not be wasted time when making a promotion.

Agreed, but this is absolutely necessary if you want to publicize your coin and get people to know about it. The most important thing is to have a whitepaper and a roadmap so they can see what you want to do. Also, no matter how good your WP or roadmap is, without promotion, no one will know about your promising coin, so both are crucial and should be addressed but still it really depends on your project if it would be successful or not .

whiteblue

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Quote from: altixz on November 12, 2021, 04:01:20 PM

Promotion is necessary for every coin. Now it is very important to attract attention to the coin or project because competition on cryptocurrency market is very high and there are a lot of projects.

Even those who have done promotions are not necessarily successful even though they are known by many people because every project must have a good and real product so that it can be successful and also it will not be wasted time when making a promotion.

altixz

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Quote from: TmHsHel on October 23, 2021, 05:26:04 AM

Now meme tokens are very popular because they allow earning even more money than buying other coins and tokens.
A lot of people pays attention to meme coins because it is funny and profitable, like this https://twitter.com/defidotoken/status/1438810085636116482

Without promotion, it is impossible to attract attention to the coin. Now the competition between coins so big that it is very important to promote the project.

Promotion is necessary for every coin. Now it is very important to attract attention to the coin or project because competition on cryptocurrency market is very high and there are a lot of projects.

lienfaye

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Quote from: eXtremal on November 10, 2021, 10:33:51 AM

There's actually a lot more. From small things and big things. Like mines, Airdrops, Campaigns. That small thing also brings benefits from the cryptocurrency industry. The more you follow the more profit you get in cryptocurrency. The new thing I now know is that playing games can profit from the cryptocurrency industry. Like the Axie infinity game that is currently very popular played all over the world.

There are several ways to earn in crypto that op didnt mentioned. Its just that investing, trading and gambling are the common that probably most of us already tried.

But as you've said, there are other ways that we can try in order to maximize our chance to earn because its our choice if we dont want to limit ourselves or stick to just one.

Hence if there's an opportunity, grab it as long as you can manage your time and capable to do the work needed.

killerfrost

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Quote from: kelonmusk on October 18, 2021, 11:28:22 PM

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.

It may be good for you, and congratulations to you. However, it may not be suitable for newcomers, absolutely nothing will happen to our thoughts. And there is no absolute best way to make everyone better, everyone will have a different approach and get different results.

whiteblue

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Quote from: ?? on ??

Without promotion, it is impossible to attract attention to the coin. Now the competition between coins so big that it is very important to promote the project.

Promotion of new projects to introduce new concepts and products is important and it can also be done in several ways by the development team so that their products can be very popular when they are launched to the public.

SarangWallet

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Quote from: kelonmusk on October 18, 2021, 11:28:22 PM

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.

For me gambling is indeed very risky because we do not know what the consequences will be. Although investing and trading is risky, gambling is riskier. I sometimes choose to invest rather than gamble. In investing there is always a chance to win especially if I join a potential project. In gambling I cannot guarantee to always win regardless of my prediction. I choose investment because it is an investment that has a high return.

mr.robot8

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let's say that trading with crypto is easier because there is no regulation and no market limits, for investments i don't know they are really high risk i prefer traditional ones, gambling is more or less the same as traditional, maybe there is a little more anonymity / privacy using crypto

eXtremal

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There's actually a lot more. From small things and big things. Like mines, Airdrops, Campaigns. That small thing also brings benefits from the cryptocurrency industry. The more you follow the more profit you get in cryptocurrency. The new thing I now know is that playing games can profit from the cryptocurrency industry. Like the Axie infinity game that is currently very popular played all over the world.

alan228

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Quote from: ?? on ??

Quote from: TmHsHel on October 23, 2021, 05:26:04 AM

Now meme tokens are very popular because they allow earning even more money than buying other coins and tokens.
A lot of people pays attention to meme coins because it is funny and profitable, like this https://twitter.com/defidotoken/status/1438810085636116482

Famous persons promote meme coins because they get a lot of money for promotion.
Now promotion of different coins is in demand and costs a lot of money.

Now there is a big demand in promotion of the coins. That is why the price of promotions is so high.
A lot of new coins appear and all of them needs promotion.

dupee419

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Quote from: ?? on ??

Quote from: zayika570 on November 08, 2021, 04:58:57 AM

Quote from: TmHsHel on October 23, 2021, 05:26:04 AM

Now meme tokens are very popular because they allow earning even more money than buying other coins and tokens.
A lot of people pays attention to meme coins because it is funny and profitable, like this https://twitter.com/defidotoken/status/1438810085636116482

Very often famous persons promote meme coins. That is why they raise in price so much more than other coins. And such big growth attract a lot of intention to meme coins.

Famous persons promote meme coins because they get a lot of money for promotion.
Now promotion of different coins is in demand and costs a lot of money.

I don't think Elon promotes though for the sake of money, he's a troll and always have been, so I don't think all famous persons are paid to promote but just promote themselves as they know that Bitcoin has become a big community, although it is true that some celebrities are paid to promote some coin alongside with big exchanges promoting altcoins that paid them to, but promotion alone is not enough for a coin to succeed of course.

Wildwest

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Actually there are many ways to benefit in the crypto world in addition to the 3 options you mentioned we can also follow the project and invest in it then there we can also benefit if the project we follow can achieve the sales target that has been set, In this case very many investors who participate in projects that have high potential because the profits they get are very large up to 10x of the capital they Get it out, and it's happened a lot.

beerlover

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Gambling isn't really a good way to make a profit, it is a very risky one that mathematically you will end up losing money in the long run. Trading and investing are good cool two things and I hope that they will continue to be so in the future as well. Let's see what happens with crypto in the future but I believe that it will stay like this for a long time (not the price, the success). Another great way about it is that we do not have a boss here, nobody is above anyone else.

So that means we are simply just focusing on what we have and doing that, nobody else tells us what to do or how to do it, we do it whatever way we want and be happy about it. Obviously this means sometimes we need to learn it all by ourselves which could result with losses, but all of those could be learning experience for you if you check what you did wrong. Plus we are at home, or wherever we want, just a laptop or even a phone is enough to be in crypto.

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