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Topic: Crypto is not limited till buying Bitcoins, it is beyond this. (Read 440 times)

hero member
Activity: 1134
Merit: 517
Absolutely, buying bitcoin isn't limited to crypto because it is employed in several ways for various purposes. Trading is an investment and is held by many traders bitcoin gives good returns for future trading here you buy and sell products or services with bitcoin, or similar cryptocurrencies aside from mining you become involved within the world of cryptocurrency through crypto trading.
member
Activity: 868
Merit: 63
Yeah owning crypto is not limited to buying btc only, before now faucet use to be a popular place where people can earn some sat by claiming it but it's no longer effective nowadays,
Liquidity pools, staking and farming are more popular with good returns but also very risky too, they provide more option to earn rather than trading only, in this case, your investment works for you.
I remember that time, faucets that pump out bitcoins that is considered big at present, I don't know what happened to those, why they stopped being profitable? Did the price affected those faucets? Staking in my opinion is the best one in all those 3, I think that hodling your coins while at the same time being able to make some profit is a win-win situation.
legendary
Activity: 3248
Merit: 1179
I am saying this for years, and many others... if you check some old threads you will see that for yourself! Simply we can't deny some crypto projects that can make some changes in the world, most of them entered through small doors, cause of that many missed them, but they are around and rocking... in terms of price and development!
And it's not like that game is over... on a contrary, Bitcoin has a lot of free space to expand, even more, there are good old projects... every year in crypto we see something new, people are making miracles from blockchain technology!
A world for itself, with so many things... to learn about and earn from! One just need to have a wish to learn and to be active!
hero member
Activity: 2562
Merit: 577
Yeah owning crypto is not limited to buying btc only, before now faucet use to be a popular place where people can earn some sat by claiming it but it's no longer effective nowadays,
Liquidity pools, staking and farming are more popular with good returns but also very risky too, they provide more option to earn rather than trading only, in this case, your investment works for you.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?

We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)

+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)

+ P2E (Play 2 Earn is another way to make money by playing games online and getting tokens or NFTs as rewards, some games have different types of rewards)

I think you made the correct connection of how the market is moving in these moments, obviously NFTs, Defi Technology and games are very fashionable, such cases as Axie Infinity, Plant vs Undead among others belong to an exclusive classification of "Play to Earn "which is a great business model, where many are playing to obtain both SLP and PVU, and this without naming many more investment games to play and win.

So far I have seen many NFT games, which at any moment can continue to explode, I think that although it is almost a fashion, an incredible amount of money is moving here, and it is one of the most used models currently to generate a lot of money.
legendary
Activity: 2534
Merit: 1338
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter.
Funny thing is that a lot of people only want the price of Bitcoin to skyrocket because that’s the easiest way they can make money without having to work for it. There are so many ways that you can earn or generate income  through cryptocurrency, but due to the fact that these other areas requires a lot of hard work and dedication, people tend to run from it.

So, they just want to invest little amount of money and then the price will boom up and they will make lots of money. But when it doesn’t work this way for most of them they decide to quit, Which is totally wrong.To achieve something you have to be ready to dedicate your time, hard work and be patient towards it.
Those people will never amount to anything anyway, this is very common, many people come to this market only thinking about the profits they can make, and do not get me wrong this is a market so it makes sense that people want to make money but if that is your only motivation and besides that you are also lazy then the chances of success are zero, and most people are unable to see this and then wonder why they lost all their money when in fact no other outcome was available to them.
hero member
Activity: 1344
Merit: 565
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?

We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)

+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)

+ P2E (Play 2 Earn is another way to make money by playing games online and getting tokens or NFTs as rewards, some games have different types of rewards)
The level of trust that bitcoin has is incomparable. These alts are probably good but not as safe and secure as bitcoin. Bitcoin established itself as a protection for inflation and historically proven to rise its price as time goes by. These alts aren't. Some of these are even hyped ones so my bet will always go to BTC.
I don't outrightly agree with that. Every other coin outside Bitcoin is referred to as an Alternative coin which Ethereum and many others are part of and we cannot say that these coins are all hyped and have not proven their worth in the cryptocurrency space too. Yes, Bitcoin would still be seen as a better choice for investment especially when there is good capital involve but some other cryptos are on that part too.
jr. member
Activity: 65
Merit: 5
I think buying bitcoin in crypto is not limited there is still a good chance that the price of bitcoin in the market is going up and the price of altcoin is going up so traders are making a lot of money by trading in currencies. The market must always know about the market in order to weigh the profits you have to learn the techniques of trading the crypto market is huge risk but it is easy to make money if you choose the right platform.
In countries that allow Bitcoin. Bitcoin can buy anything legal. Many shops and supermarkets pay Bitcoin for payment, and you can even exchange your legal currency into Bitcoin for daily life. It's cool to pay with Bitcoin.
sr. member
Activity: 1400
Merit: 283
If we are talking here about where do people go or should do in order to get some extra income, than we would be here for years, because if there is one thing i learned about the internet is that it is a treasure chest you just have to find the right key, and especially right now with the crypt trend and the nfts where you could easily make money with it if you could learn how to draw, or learning some kind of skill from YouTube and than going for the freelancing route.
sr. member
Activity: 658
Merit: 270
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter.
Funny thing is that a lot of people only want the price of Bitcoin to skyrocket because that’s the easiest way they can make money without having to work for it. There are so many ways that you can earn or generate income  through cryptocurrency, but due to the fact that these other areas requires a lot of hard work and dedication, people tend to run from it.

So, they just want to invest little amount of money and then the price will boom up and they will make lots of money. But when it doesn’t work this way for most of them they decide to quit, Which is totally wrong.To achieve something you have to be ready to dedicate your time, hard work and be patient towards it.
legendary
Activity: 2086
Merit: 1058
Crypto IS those things, buying bitcoins is investment part of it, nobody said that buying bitcoins was the whole of crypto experience. I mean sure buying bitcoins (or altcoins) is a vast majority of it, many people only see crypto as "I pay fiat to get crypto, then it goes up, then I sell crypto for a lot more fiat and I become rich". Unfortunately, most people get in just with that idea.

However, reality is that we have 300k+ people playing axie, and many more looking for scholarships, and that is just p2e game, let alone all the other things. Look at NFT's, all those cryptopunks and bored ape or whatevers are just 10k in numbers but there were ones that got sold for millions (for a reason I will never understand). Which means that we are talking about people who do understand that crypto is much more than just buying, they are not majority but they are there.
legendary
Activity: 2534
Merit: 1338
More will come, though they say that the crypto market is already congested, in reality, it's not yet, it's maybe congested on scam projects but we have few projects that could be popular now only now but in the future as well.

You mentioned it, we started in ICO, NFT, and Defi, and others that are not mentioned here.
This is just the beginning, with more support by the government through their regulation, the market will gain more investors, especially the institutional investors.
No market is ever saturated for really innovative projects, if anything we have a number so low of them in most markets that people are starving for them which is why whenever you see something that resembles a good project, even if it is not really the case, people jump on it and the project receives a lot of funds and attention, however I do not really think that we should expect too much from governments as they are not going to want to support this market as it plays against their interests.
hero member
Activity: 2114
Merit: 603
Interesting facts about the crypto world and it never gets too old but always wins the heart of many. Yes there are ways but there is one major factor that makes peep worried about their investment and that’s “trust”.  No one can easily believe in other projects and if they are the poor investors then man it’s very hard for such peep to put their hard earn money into something that may or may not give the proper returns. This is the prime reason why most of the peep will prefer to invest into bitcoin. Without the trust other projects are failures. However there is still great hope that such projects will emerge as official platform in the near future.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
More will come, though they say that the crypto market is already congested, in reality, it's not yet, it's maybe congested on scam projects but we have few projects that could be popular now only now but in the future as well.

You mentioned it, we started in ICO, NFT, and Defi, and others that are not mentioned here.
This is just the beginning, with more support by the government through their regulation, the market will gain more investors, especially the institutional investors.
jr. member
Activity: 65
Merit: 5
Poor people have some worries when entering cryptocurrency for investment. They don't want to lose, they will make investment after careful consideration, and will give up some high-risk investments.
Cryptocurrency can indeed make the poor rich. If there is no investment experience, a wealthy person will become poor. The important thing is to learn the correct knowledge of investing in cryptocurrency.
hero member
Activity: 2562
Merit: 586
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?
You might not know how important it is that you pointed out this to the people on this forum . But, this is really an area that is meant to be discussed at all times. A lot of newbies that joins the community hardly think of other areas that they can achieve something, rather they are always focusing on when the prices of cryptocurrencies will get pumped so that they can make money, whereas there are other ways so many of them that people can achieve something in this community. NFTS has been one of the biggest trends of recent times. Some people neglect it because they don’t think it’s worth anything. It doesn’t only end with this, there are so many ways one can contribute and as well earn.
legendary
Activity: 2534
Merit: 1338
OP's point is as if the poor have no more opportunities with bitcoin. Why not?
Even bitcoin is an opportunity for everyone, let's think for a moment what is happening in El Salvador, what will happen in Cuba and in other countries whose citizens are mostly poor. They will seek the solution to their lives with bitcoin and cryptocurrencies.

But I also agree as OP states that there are other initiatives such as DeFi, NFT, Play to Earn and others.
What I have observed is Play to Earn and I am actually starting a game to check my luck. I did my first test and I felt relaxed, maybe I need to relieve myself a little from daily stress.
While I recognize that you can obtain profits with other coins at the same time it is incredibly difficult to tell which one of those coins is actually going to make it over the long term, and as such a great deal of people that think that bitcoin is too high in price for them to invest in it are going to waste their money and they would have been better if they just invested in bitcoin and held their coins for a very long time, but for some reason this simple solution eludes them.
sr. member
Activity: 2436
Merit: 455
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?

We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)

+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)

+ P2E (Play 2 Earn is another way to make money by playing games online and getting tokens or NFTs as rewards, some games have different types of rewards)

There are really many opportunities in cryptocurrency. You just have to look around and study it so that you can take advantage of it before it even boom and have an all-time high value. It's really a matter of those who can invest first at the lowest or starting position. Of course, the longevity of the opportunity is essential as well to know whether if it is worth the risk or not. There are many things worth eyeing nowadays. The things you have mentioned are the same things I have in mind which I think are worth the risk as long as you will do your own research and invest what you can only afford to lose.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
snip..
there are many other crypto coins that are quite promising besides bitcoin but I still respect those who only buy bitcoin and don't want to invest in other crypto coins.  I think that crypto coins that are in the top 100 CMC are the most recommended to buy besides bitcoin..
full member
Activity: 658
Merit: 103
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?

We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)

+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)

+ P2E (Play 2 Earn is another way to make money by playing games online and getting tokens or NFTs as rewards, some games have different types of rewards)
The level of trust that bitcoin has is incomparable. These alts are probably good but not as safe and secure as bitcoin. Bitcoin established itself as a protection for inflation and historically proven to rise its price as time goes by. These alts aren't. Some of these are even hyped ones so my bet will always go to BTC.
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