Topic: Crypto is not limited till buying Bitcoins, it is beyond this. (Read 440 times)
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.
September 18, 2021, 03:36:23 AM
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. 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.
September 18, 2021, 03:28:08 AM
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!
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!
September 17, 2021, 11:48:49 PM
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.
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.
September 17, 2021, 05:24:03 PM
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)
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.
September 17, 2021, 12:07:10 PM
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.
September 17, 2021, 03:59:39 AM
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. 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)
September 16, 2021, 11:21:40 PM
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. September 15, 2021, 07:20:29 PM
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.
September 15, 2021, 02:05:52 PM
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.
September 14, 2021, 01:56:33 PM
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.
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.
September 14, 2021, 11:44:54 AM
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. 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.
September 13, 2021, 06:02:19 AM
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.
September 13, 2021, 05:51:16 AM
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.
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.
September 13, 2021, 03:02:44 AM
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.
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.
September 12, 2021, 02:41:17 PM
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. September 11, 2021, 11:42:07 AM
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. 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.
September 09, 2021, 11:39:14 AM
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)
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.
September 08, 2021, 01:31:42 PM
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.. September 08, 2021, 11:30:58 AM
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. 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)
September 08, 2021, 10:56:21 AM
This is true indeed. This market is not just restricted with cryptocurrency investments. For example, NFT market is one of the biggest opportunities nowadays. It has a bright future I believe and people don't want to miss the opportunity already now. Besides the classical cryptocurrencies, we have DeFis also. However, they are much riskier so it is better that one is careful while investing into them. And I hope that the number of alternatives will continue to increase in the future.
every day the number of altcoins is always increasing, but of the many new altcoins not all of them are worth investing in, therefore we must be able to see the trends that occur, so that we can make money easily and in a faster time. just like the current nft trend, where many believe it will bring a brighter future later, therefore the importance of analysis and research before deciding where to invest September 08, 2021, 07:59:44 AM
This is true indeed. This market is not just restricted with cryptocurrency investments. For example, NFT market is one of the biggest opportunities nowadays. It has a bright future I believe and people don't want to miss the opportunity already now. Besides the classical cryptocurrencies, we have DeFis also. However, they are much riskier so it is better that one is careful while investing into them. And I hope that the number of alternatives will continue to increase in the future.
September 07, 2021, 06:00:50 PM
Yeah, you are correct. Crypto is not limited to "buying bitcoins" only. If crypto was only about buying bitcoins, then other altcoins would have never existed. People buy bitcoin because it has a good store of value. Unfortunately, we can't use it for making day to day transactions due to high fees and slow network confirmation when the network is under heavy load. But I am 100% positive that people will come up with some solution to overcome those problems without compromising any security. And now different altcoins have different usage. Like you said, NFTs and DeFis are one of them. Even decentralized storage and internet are being developed!
September 07, 2021, 05:49:32 PM
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.
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.
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September 07, 2021, 03:56:43 PM
Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?
They haven't missed the train yet, they just have to realize this and they can become one of the beneficiary tomorrow because nobody knows what Bitcoin has in store for diamond holders but the fact is the price can't never be the same as it's today tomorrow (in the future). The best they can do now is to get their hands on as many satoshi as they can because in the future that'll be a life saving decision they may.
Don't go chasing after the so called alternative as you'll just end up regretting it. The years you're spending chasing about hyped worthless trends can never be recovered. The NFT, Defi or what ever trend you see today will die off someday and many projects will exit scam with investors savings and this will cause many to lose trust in the industry.
It won't be the first time this will be happening and obviously won't be the last, this circle will continue since it's of human nature to be greedy and always want more in the quickest way possible. If it isn't Bitcoin, it isn't worth your investment, you can trade though but be smart about that.
September 07, 2021, 11:55:43 AM
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)
+ 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)
All but the last (unless that includes pay to play to earn) carry a substantial amount of risk with them.
Sure you might get lucky with an nft, but what if you don't? Your collectible nft may rely solely on the ethereum chain remaining stable for you to be able to use/possess it.
I've seen defi tokens to a bunch of different things. Sure sushi and uni were quite saught after and might not be much risk but some icos in that space have crashed kinda quickly.
Investing in innovation might come with more risk than people are willing to grit their teeth and bear for the payoff (which could, realistically be small if you've made a mistake or the team you've invested in have).
I have read that Gaming NFTs are the future. My question here is, does the Play 2 Earn work? What’s the system behind it? Does a player have to pay any fee before playing a game to earn any money? Lastly do these games actually feel like real games to the players since their aim is to earn NFTS or paid in crypto?
September 07, 2021, 11:25:12 AM
I agree with the main idea. Many people think that the market is all about cryptocurrencies like Bitcoin, Ethereum etc.. But it is not actually. There are many different opportunities like DeFis, NFTs, staking platforms and more. As long as you are taking actions carefully, you can benefit from these opportunities by giving them a try at least. And the number of opportunities like these is increasing as time goes on.
It depends on the perspective that you use to look at the market, there are thousands of coins in the market so this supports your position but if we look at other metrics like market cap then it becomes painfully obvious that the top 10 coins in the market have the majority of the market cap, and if we are even more strict and we see with which coin we are seeing the majority of the real transactions taking place then you are left with bitcoin as the only coin that matters. 
September 06, 2021, 03:42:59 AM
I'm glad that P2E and Blockchain-based games are getting known by the locals and non-investors; it's a great opportunity for everyone to earn and learn more about the crypto community. There's always a risk as investments are huge to start, but P2E partnerships give players to earn without spending. Having an NFT could give you a gem or junk; as NFT becoming popular, there would be scammers taking advantage of it.
As a small investor, I do really feel the hindrance of not having enough resources, but there's a lot of existing and upcoming platforms that we could join.
I see lots of newbies getting success out of them.
As a small investor, I do really feel the hindrance of not having enough resources, but there's a lot of existing and upcoming platforms that we could join.
I see lots of newbies getting success out of them.
September 06, 2021, 03:31:08 AM
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 don't think that people should think that they have missed the Bitcoin train because there is always an opportunity to make profits from investing in Bitcoin during different seasons. Even those that invested back in the early days didn't really believe that bitcoin will get to this level and more so now, investors have seen the opportunity that it is with investing in Bitcoin. I believe that, when investors start to see beyond the Immediate profits in investing in Bitcoin, they will always win. 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)
September 05, 2021, 02:41:19 PM
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)
it's really amazing to see the development of crypto and its types/concept over time....i agree that besides earning from bitcoin, there are many ways to make money from crypto but what must be considered is that with the development of the concept/type of crypto, the scammers who try to take advantage of opportunities from crypto are even greater.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)
See how many Defi, NFT and Play To Earn developers are scamming investors. only invest in bitcoin then your chances of avoiding scammers are very large.
September 05, 2021, 04:56:03 AM
There are many ways to make money besides investing in Bitcoin. Blockchain has opened up job opportunities for everyone, created many millionaires and thousands of useful DAPPs. Most recently, people can monetize NFT, NFT games, create content with NFT and invest in DAPPs.
Money is flowing into the crypto market, in the future, it will be even stronger.
Money is flowing into the crypto market, in the future, it will be even stronger.
September 04, 2021, 02:45:41 PM
I agree with the main idea. Many people think that the market is all about cryptocurrencies like Bitcoin, Ethereum etc.. But it is not actually. There are many different opportunities like DeFis, NFTs, staking platforms and more. As long as you are taking actions carefully, you can benefit from these opportunities by giving them a try at least. And the number of opportunities like these is increasing as time goes on.
September 04, 2021, 02:33:29 PM
I agree with you. There are tons of alternatives in the cryptocurrency market. For example, NFTs are highly in demand lately as far as I know. DeFi is a completely new technology in this market and you can check out the projects also. Maybe the risk seems to be higher because of the probability of getting hacked is higher (DAO hack e.g.). But risk is the nature of this market. And you can check out more than 10 thousand altcoins also rather than only preferring to invest into Bitcoin.
If there are people who think it is too late to buy bitcoin because it is expensive then there is an opportunity that is to choose more than 10k altcoins, all of them have the opportunity to get big profits, even 90% of my crypto assets are other than bitcoin because the opportunity for profit is higher than bitcoin.
Of risking their money inside. Most of those who think that way and so lazy not to work with doing their research ended up losing
lots of money. Take things slowly and never to rush without the right ideas regarding to this market.
September 01, 2021, 12:49:11 PM
I agree with you. There are tons of alternatives in the cryptocurrency market. For example, NFTs are highly in demand lately as far as I know. DeFi is a completely new technology in this market and you can check out the projects also. Maybe the risk seems to be higher because of the probability of getting hacked is higher (DAO hack e.g.). But risk is the nature of this market. And you can check out more than 10 thousand altcoins also rather than only preferring to invest into Bitcoin.
If there are people who think it is too late to buy bitcoin because it is expensive then there is an opportunity that is to choose more than 10k altcoins, all of them have the opportunity to get big profits, even 90% of my crypto assets are other than bitcoin because the opportunity for profit is higher than bitcoin.
Of risking their money inside. Most of those who think that way and so lazy not to work with doing their research ended up losing
lots of money. Take things slowly and never to rush without the right ideas regarding to this market.
September 01, 2021, 11:42:17 AM
I agree with you. There are tons of alternatives in the cryptocurrency market. For example, NFTs are highly in demand lately as far as I know. DeFi is a completely new technology in this market and you can check out the projects also. Maybe the risk seems to be higher because of the probability of getting hacked is higher (DAO hack e.g.). But risk is the nature of this market. And you can check out more than 10 thousand altcoins also rather than only preferring to invest into Bitcoin.
If there are people who think it is too late to buy bitcoin because it is expensive then there is an opportunity that is to choose more than 10k altcoins, all of them have the opportunity to get big profits, even 90% of my crypto assets are other than bitcoin because the opportunity for profit is higher than bitcoin.
I agree with you. There are tons of alternatives in the cryptocurrency market. For example, NFTs are highly in demand lately as far as I know. DeFi is a completely new technology in this market and you can check out the projects also. Maybe the risk seems to be higher because of the probability of getting hacked is higher (DAO hack e.g.). But risk is the nature of this market. And you can check out more than 10 thousand altcoins also rather than only preferring to invest into Bitcoin.
If there are people who think it is too late to buy bitcoin because it is expensive then there is an opportunity that is to choose more than 10k altcoins, all of them have the opportunity to get big profits, even 90% of my crypto assets are other than bitcoin because the opportunity for profit is higher than bitcoin.
Accessibility plays a great role in their ability to see opportunities of earning in cryptocurrencies. Most of these poor people wouldn't have sufficient access to the internet either because their country does not provide good internet coverage like those in NK, or they cannot afford to invest what they may lose in the process, and I'm talking about the poor here that comprise a good percentage of the world's total poverty that literally lives off of $10 a day. We cannot expect this sector to flourish even with the aid of crypto just around the corner if the root issue of their poverty is left unsolved.
Really, actually this cryptocurrency is not just bitcoin and about trading / investment. But there are many other things that will appear. I used to be unsure of Smart Crotak, how could someone could arbitrarily make a token. I don't believe how possible a game can be accessed using blockchain. And now I'm sorry for closing yourself from an opportunity of innovation. Finally I found the answer that it should not underestimate a project that looks different. because it might be the future innovation
Crypto isn't just about trading and buying and becoming rich in the first place. Sure people's ulterior motives may steer you to believe so but cryptocurrencies are there to revolutionize the system of currency that severely favors those who hoard it and disadvantages the ones that are below the pyramid of power. Projects are mere eye-catchers for people to invest in a particular coin and it will be up to the developers themselves to follow through and carry on with their project or destroy the public's trust on them and run away with the money the people entrusted them with, at least that's how I think of it. 
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)
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)
NTFs make sense only under certain conditions. The "art" NTFs that do not confer exclusive use of anything, just a proof of "ownership" are, in my view, worthless. NTF that confer use of in-game items and skins are valuable, but only while the game is in trend and games typically have a limited life span.
DeFi is a problem on itself. The "dividens" for staking are the cost of keeping the net safe, and usually those networks are not being used sufficiently. P2E... I have not a view.
yes because when you say cryptos , they are compose of different digital/decentralize currency but if you only say bitcoin , that is only one digital/decentralize currency .
you can add in that crypto is only not limited for the poor but everyone can participate here whatever their financial status are .
what happens if btc skyrockets ? well they can sell their btc , take profits and re invest again at the dip but they can also follow your new earning list if ever they dont want to sell yet their btc .
There are thousands of coins in the market so it is clear that people can invest in more coins than bitcoin however if we are honest the majority of the interest in this market resides in bitcoin, this also holds true for the number of actual transactions in which products and services are exchanged, so it is natural that when people think of a cryptocurrency they think of bitcoin and only in bitcoin as it is by far the coin that has gained the most recognition among the population. you can add in that crypto is only not limited for the poor but everyone can participate here whatever their financial status are .
what happens if btc skyrockets ? well they can sell their btc , take profits and re invest again at the dip but they can also follow your new earning list if ever they dont want to sell yet their btc .
Really, actually this cryptocurrency is not just bitcoin and about trading / investment. But there are many other things that will appear. I used to be unsure of Smart Crotak, how could someone could arbitrarily make a token. I don't believe how possible a game can be accessed using blockchain. And now I'm sorry for closing yourself from an opportunity of innovation. Finally I found the answer that it should not underestimate a project that looks different. because it might be the future innovation
I agree with you. There are tons of alternatives in the cryptocurrency market. For example, NFTs are highly in demand lately as far as I know. DeFi is a completely new technology in this market and you can check out the projects also. Maybe the risk seems to be higher because of the probability of getting hacked is higher (DAO hack e.g.). But risk is the nature of this market. And you can check out more than 10 thousand altcoins also rather than only preferring to invest into Bitcoin.
The P2E scene is still very young, with only a few notable games that really stand out and define what play to earn really means. I wouldn't recommend it for serious investors right now who want to start small, but it's still worth looking albeit the current shape of the said industry. It would appeal much to gamers who are competitive in nature (Axie Infinity specifically) since it helps them practice their skills all the while earning on the side. Unless you have a knack for gaming and you have some money to spare, I wouldn't recommend getting into this space very early on, but that's just me.
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?
Your point may be right or wrong still I agree that we shouldn’t limit our thinking. People do tell me that they fear that they have missed out on the opportunity of investing their money in bitcoin so they don’t want to invest in it again. It’s totally wrong to have that kind of mindset.Even if you missed bitcoin, bitcoin is not the only thing that we have in this market, there are lots of other opportunities that we have here and anyone can make use of these opportunities to earn. That’s why we need to chill and study the market very well and know how it works and the latest and best projects that are available to us. I have seen a lot of trends come into this market and people will use them as opportunity to make lots of money that will change their life.
This is so true. Cryptocurrency market is not composed of just Bitcoin. We should raise our heads up and look for the many other things existing in the market also. There are tons of altcoins for example. You can stake some money in exchanges. Or you can check out NFTs and see if you will have an interest in it. The list goes on like this. In short, you can try new things different than Bitcoin.
There's nothing wrong with that, because we don't know that before our eyes it turns out that the benefits are not only from Bitcoin, and it has been proven a lot. Many projects that we can explore to prove that there is at least 1 out of thousands of projects that can make you feel profitable investing in it.
cryptocurrency orientation lies in its increasingly expensive price, so many people are currently starting to learn about it, because they want the money made from it, regardless of using crypto as a currency. I think it's because people follow current trends, just like fashion trends
Now the crypto trend continues to increase, crypto offers different things than fiat currency or various types of investments, the crypto trend is of course very dependent on the community, as long as the community is solid it is certain that crypto users will continue to survive.
yes because when you say cryptos , they are compose of different digital/decentralize currency but if you only say bitcoin , that is only one digital/decentralize currency .
you can add in that crypto is only not limited for the poor but everyone can participate here whatever their financial status are .
what happens if btc skyrockets ? well they can sell their btc , take profits and re invest again at the dip but they can also follow your new earning list if ever they dont want to sell yet their btc .
you can add in that crypto is only not limited for the poor but everyone can participate here whatever their financial status are .
what happens if btc skyrockets ? well they can sell their btc , take profits and re invest again at the dip but they can also follow your new earning list if ever they dont want to sell yet their btc .
cryptocurrency orientation lies in its increasingly expensive price, so many people are currently starting to learn about it, because they want the money made from it, regardless of using crypto as a currency. I think it's because people follow current trends, just like fashion trends
Now that cryptocurrencies are more recognizable to the increasing market price developments, and their popularity is increasingly recognized so that there are many enthusiasts from various countries, of course cryptocurrencies will grow more and more extraordinary, which is not only Bitcoin, many Altcoins are created from its development. There are more and more cryptocurrency projects, it's like entering a new era from various circles until cryptocurrency is getting closer to humans for its various advantages in terms of investment, trading, another income, etc.
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True, their lack of knowledge in this matter is also influential. They are sometimes reluctant to try something new related to crypto. Because of their unwillingness to learn. Very unfortunate. If they could see that opportunity, they would be able to change their fate for the better than before.
Yes, it is hard to change their mind or vision about changing their life to be better because they feel that they are already in their comfort zone. But I am sure some of them want to change their life by work hard and accept new things and learn more about crypto. Hopefully, they will realize that the world is changing and if they want to be a part of this, they can start now.Easy to say this thing when you're not poor, not everyone has access to computers and the Internet it's difficult for them to find ways to make money. Their daily life is always aimed at survival so they don't have time to find another means to make money.
I am sure the internet will be evenly distributed in the poor area so people will easy to access the internet and get many new things that can open their eyes about the changing. They will survive in this hardest of life but they can also have a new way to make money. 
I just saw a movie series about an ancient king seeking immortal life by uploading his memory into another new body every time he dies.
It is quite similar here, since memory is just lots of data and logic, you could upload your data and special logic onto blockchain using smart contracts, it could run many generations after you died. This has been simulated in many sci-fi games but all those systems failed eventually, since there is a single point of failure. Now it is actually making some sense on blockchain
Constructing the rules of an ideal society, and let the rules run on blockchain for thousands of years, even better, those rules have the ability to self-upgrade, we are just seeing the beginning of this revolution for humanity
It is quite similar here, since memory is just lots of data and logic, you could upload your data and special logic onto blockchain using smart contracts, it could run many generations after you died. This has been simulated in many sci-fi games but all those systems failed eventually, since there is a single point of failure. Now it is actually making some sense on blockchain
Constructing the rules of an ideal society, and let the rules run on blockchain for thousands of years, even better, those rules have the ability to self-upgrade, we are just seeing the beginning of this revolution for humanity
It's not that simple with the examples you've listed here. NFTs can be very unpredictable, I think you need more luck to make money with NFTs than with regular cryptocurrencies. There's such a wide range of them and it's really hard to predict what will set the trend.
P2E requires skills, which many don't have, and it's pretty competitive so one would need to dedicate a lot of time to make money out of it.
But I'll agree with you about DeFi tokens, they can bring good profit and I wouldn't say it's more dangerous than investing in crypto, and this train hasn't left the station yet.
P2E requires skills, which many don't have, and it's pretty competitive so one would need to dedicate a lot of time to make money out of it.
But I'll agree with you about DeFi tokens, they can bring good profit and I wouldn't say it's more dangerous than investing in crypto, and this train hasn't left the station yet.
<>
But they just surprise how Bitcoin has grown so fast as they are thinking differently and that is how it embarrass them.
But they just surprise how Bitcoin has grown so fast as they are thinking differently and that is how it embarrass them.
Bitcoin never grew up fast, it went up steadily and took more than a decade to reach here. And still, all people of all categories had a chance to think and invest in Bitcoins but they didn't because they thought the market was highly risky and volatile and they may not be able to sell what they would be buying. We consider it too late now because we know that the value Bitcoin holds, is not something that an average guy could also afford if going to buy 1 full BTC but there are good projects which, if won't give returns like BTC, can still perform very good and give better returns than even penny stocks.
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?
The truth is that poor people are neglecting to find good things about crypto until such the time that they found it different from the negative news and FUDs they've heard around leading a way to regret themselves by missing this opportunity. Maybe it was not just poor people because we can't hide the truth that most of us are still not able to understand the crypto market and the risk really high which discourage them to invest. But they just surprise how Bitcoin has grown so fast as they are thinking differently and that is how it embarrass them. <>
Everything, including Bitcoins, is evolving on the principles of speculation only so it's not wrong if we say that even after having billions of dollars invested by institutions in crypto, it is speculation on which they are betting. We don't argue that there is no utility behind, because if there isn't, they are no fools to invest in this. But the network of Bitcoin is strong enough to put money in, which is why alts do not get any special attention.
<>
Bitcoin is not the thing to help them, in fact nobody can really help them unless their own governments start a long term approach on it.
Bitcoin is not the thing to help them, in fact nobody can really help them unless their own governments start a long term approach on it.
That is a very different subject and we believe that your concerns are true in this matter. Governments do require some very special plans for this specific category to even survive at some places, while in some countries, there are nice people around who take care of this class.
Quote
Now, I dont see where I made similarities with HYIP and Ponzi like back in 2010 - yes altcoins are comparable to them, but not bitcoin.
We never said you did. We brought back those words in discussion considering the old talks of all classes - from poor to rich, who used to say that BTC will never surpass any considerable value and will vanish in near time, but the community was so strong behind that they never lose hope and today, they are enjoying their decisions and it also includes poor class people.
This is so true. Cryptocurrency market is not composed of just Bitcoin. We should raise our heads up and look for the many other things existing in the market also. There are tons of altcoins for example. You can stake some money in exchanges. Or you can check out NFTs and see if you will have an interest in it. The list goes on like this. In short, you can try new things different than Bitcoin.
Exploring these new tokens or projects aren't the problem, the challenge is most of them aren't really community driven the way bitcoin has been. When it come to bitcoin, there has never been inequality except for those who bought cheap with their hard earned money when it dipped, of course they deserved the profit but new projects are always centered by few numbers of holders with large token on their bags waiting patiently for who to dump on in every pump opportunity.
This is so true. Cryptocurrency market is not composed of just Bitcoin. We should raise our heads up and look for the many other things existing in the market also. There are tons of altcoins for example. You can stake some money in exchanges. Or you can check out NFTs and see if you will have an interest in it. The list goes on like this. In short, you can try new things different than Bitcoin.
legendary
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We FOUND your reply very interesting because the facts that you have shared were the same thing told to people about Bitcoins when BTC was evolving. Nobody believed in BTC and we used to adjoin Bitcoin's name with scam, ponzi, shitcoin, zero value token, no utility, a money laundering tool, etc. but we can see today that our perceptions towards crypto have changed a lot since we understood how effectively we need crypto as much as it needs us, which is why we tried a little bit to draw everyone's attention towards all the major aspects that make crypto "complete". May we have missed something, please try to add more genres so that our fellow learners may get aware about them.
If you read carefully without blinding yourself with the past bias, you will see that my post is logical and has some reason behind it. The facts I said about poor people are true and there is no denying that. Bitcoin is not the thing to help them, in fact nobody can really help them unless their own governments start a long term approach on it.Now, I dont see where I made similarities with HYIP and Ponzi like back in 2010 - yes altcoins are comparable to them, but not bitcoin.
Dont think that this is time period is the 2010 of altcoins. Have seen enough to understand that niche projects that start with crypto backing trying to compete mainstream market and having zero market making capability is a declared failure.
The trend is very much prominent with Vaporware Altcoins>ICO>IEO>STO>IEO>Initial Blah blah whatever>DeFi>NFT>P2E... and the cycle continues. Poor people should stay away from these and focus on bitcoin if they can afford it.
Of course cryptocurrency doesn't mean only Bitcoin. There are tens of thousands of coins in the market. Only thing you gotta do is to do a detailed research about some projects and decide which one to invest into. But when it comes to missing the train for Bitcoin, I don't think that anyone missed any train. Yeah, you might have missed the dip level to buy before. But you can still buy BTC and start to HODL. You can still make profit in the long run.
Exactly, and also why get triggered about this OP, of course the newbies will think that it's bitcoin when they talk about cryptocurrencies, it's because of generalization and bitcoin is the first so bitcoin gets the honor of being the one that comes on someone's mind when they're talking about cryptocurrencies. 
Of course cryptocurrency doesn't mean only Bitcoin. There are tens of thousands of coins in the market. Only thing you gotta do is to do a detailed research about some projects and decide which one to invest into. But when it comes to missing the train for Bitcoin, I don't think that anyone missed any train. Yeah, you might have missed the dip level to buy before. But you can still buy BTC and start to HODL. You can still make profit in the long run.
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)
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)
It is really beyond all of these. From surface, it is a new internet form of private ownership of properties, but deeply inside, it is an immortal spirit that could last thousands of years, like language or religion. It established on humans fear and greedy, providing ultimate safety and growth, which every human seeks, generation after generation
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 is a reason why many of these options are not considered and this is because we know that a great deal of the coins that we have in the market are either scams or projects that will never amount to anything, so basically if those that were poor invested in any of those projects with the intention of making money then they will fail miserably as most of those that have done so have failed in the past regardless of their economic position. 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)
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)
Actually, the problem is all this market has offered so far is speculation, NFTs are speculation, I am sure at least 50% of people will regret their decisions next year, Defi too have become more or less a tool for speculation, the impermanent loss during the bear run would be so high that a lot of people would actually regret staking at very high prices, while P2E token isn't something that is possible only due to blockchain, you can create such tokens without blockchain too without many hassles. But the main thing is utility tokens for example tokens like BAT, which are paving the way towards Web 3.0, KYC-based tokens are actually something that will give blockchain and cryptos a really good reputation. 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)
indeed, when viewed from an ideal perspective, everyone will feel left behind and immediately take a position to own Bitcoin as early as possible. But the fact is, that limited access will hinder what they want to have. Now there are various alternatives to get something of value, NFT, DeFi and something that can be taken advantage of.
The problem is whether they can be really serious about something that has a long process while without capital they can only trust big holders of Bitcoin holders and accept donations.
The problem is whether they can be really serious about something that has a long process while without capital they can only trust big holders of Bitcoin holders and accept donations.
<>
We FOUND your reply very interesting because the facts that you have shared were the same thing told to people about Bitcoins when BTC was evolving. Nobody believed in BTC and we used to adjoin Bitcoin's name with scam, ponzi, shitcoin, zero value token, no utility, a money laundering tool, etc. but we can see today that our perceptions towards crypto have changed a lot since we understood how effectively we need crypto as much as it needs us, which is why we tried a little bit to draw everyone's attention towards all the major aspects that make crypto "complete". May we have missed something, please try to add more genres so that our fellow learners may get aware about them.
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 thing about pump and dump/lottery coins and projects is that a few of it's investors would be lucky and prolly make a huge ROI when the coin pumps, I'm afraid it's the lucky few you have outlined here and then generally portrayed this projects as a success, when actually they are not. I know users who want to "get rich quick" tend to make the choice of going for projects like this, but if you want to invest in a project that is sustainable for the long period and would not just dump, making you lose your funds, then just invest in Bitcoin. Investing in pump and dump coins is very risky and it leaves you uncertain, one can categorically state that Bitcoin has a future because of it's real use case, but many of this other projects would not be here in a few years or even months, thus Bitcoin is more or less a worthy investment for the future. + 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)
Quote
We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)
This is one user, he must have played an open contest, where millions also played as well, so I can say it's a luck, even now people who are sell there NFT has either something creative, talent-filled or something likeable to sell, am not going to discourage average to poor -Newbies- about crypto-currency, but to be honest why finding cheap riches, you either have it by your capital or you have a service you can use to make money from in crypto-currency. + NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)
And most either require a substantial investment or huge luck. Most P2E games are booming right now and I would say that newcomers would be very careful of what would happen if the devs suddenly rugpull. It's not impossible, especially with the craze happening around it. NFT's require a huge amount of luck ngl. It's not like every NFT you'd get would net you a thousand dollars or so, it's more like it's a chance, a lottery so to speak imo. There may be more factors but luck certainly can't be removed from them. I'd rather invest in Bitcoin if you're tight on cash tbh, it may take long, but it's probably the closest you'd get to a guaranteed profit.
As always, do your own research when you are you want to do something crypto related, remember that if it can make money, there will always be scammers out there that's looking to score from innocent people. P2E games are a good place to start when you are trying to get into crypto, there are some games that are totally free, you just need to find them but remember to do your own research.
Before NFT and all those things there was an era of ICO but now they completely faded away which means those new projects are short lived and definitely not an opportunity for anyone to invest and expect the growth like bitcoin in the next 10 years, still BTC can be bought and the value will increase in the long term so always hold the bitcoin and say no to shitcoins.
I still have a greater belief in Bitcoin, which I would rather see that I hold more of it than altcoins. But there is nothing wrong with trying new emerging ones today that can make money in the crypto industry because like BTC, there are also people who make money here. We shouldn’t limit ourselves to discovering and studying new and current trends that provide great opportunities. When it comes to P2E, all I can say is, almost all of them still have to release the money to get started, but we should still not forget the risks involved because we know that the others are just carried away by the hype. So it's a good idea to study the ins and outs of the project or platform first so you always know what to do.
And most either require a substantial investment or huge luck. Most P2E games are booming right now and I would say that newcomers would be very careful of what would happen if the devs suddenly rugpull. It's not impossible, especially with the craze happening around it. NFT's require a huge amount of luck ngl. It's not like every NFT you'd get would net you a thousand dollars or so, it's more like it's a chance, a lottery so to speak imo. There may be more factors but luck certainly can't be removed from them. I'd rather invest in Bitcoin if you're tight on cash tbh, it may take long, but it's probably the closest you'd get to a guaranteed profit.
For the P2E projects.
It's still unknown if they will be able to sustain what they're giving to their players. It's either as it has begun to become popular, those investors that got in early are always rewarded with the best returns.
But as its community becomes popular and keeps on growing, we'll see if they'll be able to sustain and reward all of their players.
It's still unknown if they will be able to sustain what they're giving to their players. It's either as it has begun to become popular, those investors that got in early are always rewarded with the best returns.
But as its community becomes popular and keeps on growing, we'll see if they'll be able to sustain and reward all of their players.
If the poor can search for many ways how to earn free rewards from many new projects and he makes a lot of money, that will be life-changing for him and people around him will be curious and ask him how he can do that. But unfortunately, not many people are aware of crypto and the opportunity that they can get from crypto. We can not force them to follow us and we can only spread the news about crypto and let them decide. Only people who think shortly will limit himself and always think that they missed the BTC train. But people who have an open mind will trying to find out and if they can take part, they will try to get involve in BTC.
Easy to say this thing when you're not poor, not everyone has access to computers and the Internet it's difficult for them to find ways to make money. Their daily life is always aimed at survival so they don't have time to find another means to make money. hero member
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If the poor can search for many ways how to earn free rewards from many new projects and he makes a lot of money, that will be life-changing for him and people around him will be curious and ask him how he can do that. But unfortunately, not many people are aware of crypto and the opportunity that they can get from crypto. We can not force them to follow us and we can only spread the news about crypto and let them decide. Only people who think shortly will limit himself and always think that they missed the BTC train. But people who have an open mind will trying to find out and if they can take part, they will try to get involve in BTC.
legendary
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Merit: 1213
Call your grandparents and tell them you love them
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?
The poor people need better modes of living and earning a living before they can go for a luxury of life. Indeed, I consider an investment to be a luxury because it is not a basic amenity of life. So now if you think that a person who is possibly a day wagerer and working most of the time, they would rather not afford a smartphone and internet but go with a feature phone and use less internet if possible and rather keep their money at the bank. Why would a not tech-savvy user attempt to put their precious money in something that is a "Grey area" in their country?
This basic idea does not seem to percolate into many users of this forum, which I frankly dont understand why.
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+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)
Poor people have lotteries for that. I see tickets being sold at bus stop everywhere and day wagerers buying those like candies.Quote
+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)
Can you expect to explain DeFi and how it works to a person whose job is to prepare cups of tea for office goers?Quote
+ 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)
A new craze that has started. Anybody remember "Faucets"? Sounds awfully similar and rebranded. 
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.
Whether you are rich or poor, just keep >50% of your crypto net-worth in Bitcoin. You may miss some gains but compared to the downside risk, it is nothing. It is not new for these fads to crash just like they rise. Those NFTs people hold in their wallet will be worth a lot less when a bear market comes along.
As long as BTC is stable, everything is cool. When that changes, the "poor" get no clue that their favorite DeFi token or NFT is going to be worth zero. Just during this last fall, a lot of these DeFi farms, memecoins went to zero. They'll keep rising till you have mercenary capital rushing for gains. (Like the recent AVAX rush). The huge investors simply park money in stables. This encourages the noobs to start betting on all kind of coins. That is good for a while but if you don't time it well, you can easily lose all your networth.
So to be safe, always keep a significant part in Bitcoin. It is the sole truly decentralized money that no court or financial institution can deny in true faith and following natural justice. For everything else, whenever those questions start coming, the crashes will be quicker than you might expect.
As long as BTC is stable, everything is cool. When that changes, the "poor" get no clue that their favorite DeFi token or NFT is going to be worth zero. Just during this last fall, a lot of these DeFi farms, memecoins went to zero. They'll keep rising till you have mercenary capital rushing for gains. (Like the recent AVAX rush). The huge investors simply park money in stables. This encourages the noobs to start betting on all kind of coins. That is good for a while but if you don't time it well, you can easily lose all your networth.
So to be safe, always keep a significant part in Bitcoin. It is the sole truly decentralized money that no court or financial institution can deny in true faith and following natural justice. For everything else, whenever those questions start coming, the crashes will be quicker than you might expect.
Just like others have said, the huge risk involved as compare to buying bitcoin and then holding it for years.
Right now we have the Defi/NFT hype, but what happens if the hype suddenly die and dries up? Right, investors might have lose big money or re-invest on the next hype. So for others, it might be too complicated and include a lot of learning just to make money out of it.
Right now we have the Defi/NFT hype, but what happens if the hype suddenly die and dries up? Right, investors might have lose big money or re-invest on the next hype. So for others, it might be too complicated and include a lot of learning just to make money out of it.
Of course, I agree. To a poor, it doesn't hurt if he/she is to explore all possible options out there in the wide crypto market. Provided he/she has a lot of available time, he/she could explore NFTs.
DeFi tokens are an option but if it entails too high a risk, I'd rather not stake what little I have for it.
Play to earn games are an emerging trend in crypto. I acknowledge its useful role to play among those who want to grab the opportunity to earn. There's so much to discover in this particular area. There are those games which require initial capital but there are also those which do not. This trend is still at its earlier stage. A lot could actually gain from it.
DeFi tokens are an option but if it entails too high a risk, I'd rather not stake what little I have for it.
Play to earn games are an emerging trend in crypto. I acknowledge its useful role to play among those who want to grab the opportunity to earn. There's so much to discover in this particular area. There are those games which require initial capital but there are also those which do not. This trend is still at its earlier stage. A lot could actually gain from it.
Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?
If they knew this, they'd already be doing it. If they're not already doing it, then there's a good chance they're going to end up getting burned trying to pick which non-bitcoin asset they should buy simply due to them being new and inexperienced.
tl;dr it's simply better for most people to just stick with bitcoin
Another way of looking at the value that this field brings to life is balance. I see it if only poor people had access to crypto fields early, and they would have the opportunity to change their lives, but more precisely in the mindset that there is a barrier to access, because how will they approach ? Balance is possible, but it takes process and I think it's very unlikely without the elements that really change our lives and perceptions.
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)
+ 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)
All but the last (unless that includes pay to play to earn) carry a substantial amount of risk with them.
Sure you might get lucky with an nft, but what if you don't? Your collectible nft may rely solely on the ethereum chain remaining stable for you to be able to use/possess it.
I've seen defi tokens to a bunch of different things. Sure sushi and uni were quite saught after and might not be much risk but some icos in that space have crashed kinda quickly.
Investing in innovation might come with more risk than people are willing to grit their teeth and bear for the payoff (which could, realistically be small if you've made a mistake or the team you've invested in have).
There are several opportunities here if they just look around. Even if you were left behind by some good opportunities, there's always something that will come up so you can take advantage of the market. Also, in this market, there's no right or wrong entry, as long as you know your strategies you can get profits on this market. And with the current hype in NFTs, you just need to wisely select which platforms you are going to invest with.
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)
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)
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