Topic: Opportunities in the Crypto Space - page 2. (Read 390 times)

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Oh yes can't believe I forgot to mention mining, maybe because I was looking at it all from the angle of a average Joe. Mining is quite expensive and not a lot of people can afford to be miners

It is very important that you discover what you are particularly good at and stick to it. Trying to be all over the place won't do any good

Many newbies miss this. I have seen it happen countless times even on the forum. Even with all the advice given, some turn out to be bounty hunters and shit posters

Really?
I think that they are far easier, people who have a negative view of Bitcoin are usually the ones that don't trust anything that could bring gains, either because they lack knowledge or because they have had previous experiences with scam schemes.
Good luck making a guy who claims bitcoin is a Ponzi scheme invest in something.

Also, you should take a look at how things went around here even before Bitcoin went nearly mainstream lets' say, a lot of really old users have been scamed in the past, from stuff like mining gear from bfl or investment schemes like Bitcoin Savings and Trust, you would be amazed how many have fallen for those.


So, it's all about trading in the end. 

Bigger emphasis on the developer side. Depending on what your stance is with other non-Bitcoin cryptocurrency projects, there's definitely money to be made there as a developer (if you're pretty good, that is). And couple this with the fact that you don't even need to go to college/university to be a good developer these days, because everything's available in the web. With patience and with enough drive to learn, man you can make bank.

Yeah, lots of people seem to forget about it. 10x in a day mentality is a huge problem if you're into crypto. While there are a lot of projects that make people get a huge gain, there are days when they're being hammered by -10% every single hour. Especially with how defi and nft mania this year, we'll probably see another 2017 ICO boom where people lose a lot of money because they spend here and there without proper research and risk management.

They'll probably learnt their lesson next year when the bear market starts.

Fast comes, fast goes. Opportunities exist together with risks. In bull market like it is now, opportunities are huge but at the same time risks are huge too.

You can get luck and make a bet with your trades or investments and have some x times of increase for your capital. If you don't manage your capital well and don't change your gambling style, you will lose all some day. A gambler can not get rich if don't stop gambling after a big win.

Remember "Fast comes, fast goes" and if you only bet, it will goes away faster than you thought.

The OP didn't include it, but mining is a unique opportunity to the crypto space. Forex traders do not have the opportunity to attempt to mine traded currencies as those traded currencies are fiats and are centralized.

In my experience, crypto or more specifically, Bitcoin users are much more difficult to scam, people who get scammed easily are those looking in from the outside who think Bitcoin is a get-rich-quick scheme and would fall for any scam attempt which as much as mentions Bitcoin.

All these opportunities exist in the stock market and not limited to cryptocurrencies.
There is no opportunity what you mentioned is dedicated to cryptocurrencies only.

The space available to you is as follows:

• Obtaining some financial exploitation by avoiding the restrictions set by banks.
• Reduce the taxes you pay with proper analysis of tax laws and legislation.
• Obtain decentralized funding for your ideas.

Scamming is an opportunity for the scammers, and we don't tolerate that, in fact our community is very active in fighting scammers,thanks to our scam busters. Still more legit opportunity if we are educated enough, we don't just ride it here because of FOMO, but learn to understand the basic and deeper meaning of crypto as a whole to see more opportunity.

The opportunities available in crypto space is so limitless. Most companies now accept Bitcoin as means of payment. Becoming a merchant could also be a good job offer. More people are gaining interest in crypto currency and most of this people would need enlightenment. Crypto currency has opened massive doors of opportunities for people all over the world and has made life abit fair thereby creating job opportunities for the jobless irrespective of their educational qualifications

I can also add that you forgot the most popular earnings in cryptocurrency, mining.
But always, to get any kind of profit, you need experience and knowledge. You should not jump from side to side, in a hurry to learn all the directions. Here on the forum, you can read about all the possibilities of cryptocurrency, and thereby get a clear idea of what you might ultimately be interested in. The main thing is to study patiently and not to rush.

You forgot to mention the scams. Scamming is also a very juicy way of earning in crypto . Unlike any other industry, crypto people are easy to convince and scam.

Definitely you are right. There are plenty of ways on how someone can do his or her thing to get involve. For me I found the opportunity on trading and it did a lot of help to me as I've earned some good profit with it. I dont know but there are more jobs or skill worthwhile things that can let you earn money or get a decent compensation.

Even here can do that but of course you shouldnt think of the things here as work but rather than a privilege.

The Crypto space is full of opportunities, most of which have not even been tapped yet. Most people limit the industry to just trading and making quick cash. Truth is you can actually build a career and achieve a lot more. There's a lot of opportunities in blockchain technology. You can become a trader, one can actually make good profits doing so, depending on your capital and trading strategy. Also you can choose to become an investor who invests in a project you believe will be successful, you can hodl, meaning you can buy and hold for short or long term period.  There's also the opportunity of  becoming a P2P trader by just buying and selling cryptocurrencies through P2P platforms.
You can become an expert in technical analysis and give accurate signals to traders ( before you dive into this sector, you should know more about the candlestick, RSA, MACD). Crypto trading is no joke so you better be good at it before trying to risk someone else's money.
You can become an educator, this is also one sector to leverage on, You can teach people and get paid. You can start a blog or a channel on YouTube and teach people how to navigate the blockchain and other crypto related matters.
Last but not least, we cannot ignore the tech. There are a lot of doors and opportunities in this space you just need to possess the right skills to unlock it. You can become a product developer, designer, coder( building smart contracts), website designer e.t.c. All blockchain companies require all these skilled personnels so improve and develop yourself in any of these if you want such a future in a crypto firm.  Even here in the forum we have the service board for people who possess such skill set.
You can be whoever you want to be in the crypto space! Here the opportunities are limitless you just have to find your niche.