THE TRADERS AND THE MINERS ARE BOTH SMILING

Su-asa

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Quote from: Igebotz on August 08, 2024, 06:28:28 PM

Quote from: Stable090 on August 08, 2024, 03:35:14 PM

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

You pay nothing to get them, every free money in crypto is called AIRDROP.

Why do you think Airdrop is free money? I don’t really think so because you will have to perform some tasks before you will be able to receive the airdrop, the time and effort spent in performing those tasks is something, so the reward you are getting is not free.

Yes they're Free money and not all airdrop required you to do tasks, Apes NFT holders were airdrop Ape tokens just for hodling pieces of their Nft and there are many more projects/exchanges that airdropped their customers in the past without tasks.

I don't consider airdrops to be free money because you spend data, time and energy mining these projects daily, not all requires you to do stressful tasks just like you said
I agree to that, but daily check-ins must be done, if you invest those time you spend in doing all that in other things you will definitely achieve something. Besides 80 percent of airdrops requires a certain amount of gas fee to claim what you have, so I don't think they are free in any way

Su-asa

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

The traders and miners are both smiling that's very true, but the crypto space can be quite disappointing sometimes especially when it comes to mining, you might spend time mining an airdrop for more than a year and at the end of everything you don't benefit something tangible
The only advantage about this is you don't get to risk Any amount of money. Trading on the other hand has a lot of downsides due to the unstableness of the market but it has put a lot of people in profit more than just regular mining. Airdrop mining is just an introduction to crypto but to actually get good results you must trade

Juicyhome

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

OP it's not as easy as you think, trading required experience and time. You can't go into trading with little knowledge about cryptocurrencies, you must be coach well by an experienced person or a successful traders. If not you will just waste your hard earn money, because not all coin that's worth buying, some are trap, once you invest you lose money because no future for the coin. In investment you have to buy coin that's promising if you don't have enough fund for Bitcoin buy coin that's promising.
A friend told me today that he lost over $1.2k in Crypto. And I ask him which coin did he buy , he shown me coin that's not notable no future. He never consulted widely, he just buy. In this platform we have expert that can help you to buy some promising coin. Seek knowledge before investing that's my point.

Bravut

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Well said, OP. We all know about the potentials of the crypto space, as you rightly said. The truth is, nothing is guaranteed in Trading and Crypto Market, same time more complex even if the benefits are massive. It requires tenacity, Mindset to adapt to losses.

I believe Newbies and interested individuals have proper orientation about the risk and mental strength involved, making them to debunk every atom that its all bed of roses.

It would also interest you to know that the more knowledge and information you have the more open you are to opportunities in the crypto space and Trading as well.

Yeesha

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Quote from: Coyster on June 29, 2024, 12:57:23 PM

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

You can start with or without money, you just have to choose whether to be a Trader or Miner.

I no know who tell you say e dey easy oh, but trading no dey very easy at all, you go fit lose all of your money and mining go cost you a lot of money, plus other logistics problem, like cost of electricity and maintenance, etc.

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

While on the other hand
The miners just like most of us now, just interact with some apps, do the task required by the devs and claim free coins daily ontill the project lunches, then sell off and enjoy the money. You pay nothing to get them, every free money in crypto is called AIRDROP.

I no know the type of mining wey you dey talk about, but no be so bitcoin mining be oh; and none of us here be bitcoin miner. You dey mistake airdrop for mining, or maybe na shitcoin mining you dey talk about.

Na true you talk, trading is not an easy task as some people dey think say him be, some people dey think say you can start trading with blink of eye, that one no be true at all, at all ooo,

Trading dey very risky well well, because if care is not taking you will end up losing all your money, as Dem dey gain for trading, na so dem dey lose, as he dey make person smile na so he dey take make person cry ooo, na him be the main reason why we go dey very careful before we go involve ourselves for trading.

Jaycoinz

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

Mining airdrops can't be compared to crypto trade in terms of profits, I'm not really a fan of airdrops because it takes too much time and there are so many annoying tasks involved. Traders can make money in a space of two to seven days but crypto miners have to min for months to get a token that might not even be more than a hundred dollars, an example is pixel verse this airdrop had a lot of people that participated but much wasn't given out, what they try to get within 5 months can be achieved by traders in less than a week

Igebotz

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Quote from: Stable090 on August 08, 2024, 03:35:14 PM

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

You pay nothing to get them, every free money in crypto is called AIRDROP.

Why do you think Airdrop is free money? I don’t really think so because you will have to perform some tasks before you will be able to receive the airdrop, the time and effort spent in performing those tasks is something, so the reward you are getting is not free.

Yes they're Free money and not all airdrop required you to do tasks, Apes NFT holders were airdrop Ape tokens just for hodling pieces of their Nft and there are many more projects/exchanges that airdropped their customers in the past without tasks.

Stable090

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

I don’t know why you think trading is kind of easy. The first question I will ask you is are you a trader? If you are really a trader, then you will know trading isn’t really easy. But if you are the type that does look for signals and you don’t do your analysis yourself, then you will say trading is really easy.

I hope you know that all those taps you are doing on Telegram aren’t mining, you are just tapping your phone screen, and don’t think that’s mining.

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

Traders use their money to make more money just by buying potential coins and keeping it for some time. They sell off when the coin appreciates in value. While on the other hand

From this, I will say you not really into trading. What you explained is just basic of trading, and I will tell you trading is more than that.

Quote from: Bitwave01 link=topic=5501380.msg64266511#msg64266511 date=17195
You pay nothing to get them, every free money in crypto is called AIRDROP.
[/quote

Why do you think Airdrop is free money? I don’t really think so because you will have to perform some tasks before you will be able to receive the airdrop, the time and effort spent in performing those tasks is something, so the reward you are getting is not free.

Mr.suevie

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Quote from: DaNNy001 on August 04, 2024, 05:15:20 PM

Quote from: DaNNy001 on July 24, 2024, 10:07:28 AM

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

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

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

If this Statement of yours was actually like 5-10 years back then I would totally agree but to some extent I feel airdrop nowadays aslo filled with shit projects that are also aimed at scamming most of the airdrop farmers. I would take this year for example, only this year alot of shit project on telegram airdrop came and so many of many amounted to nothing but an extra means to which they want to use and scam others.

HajiBagi

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Quote from: Frankolala on June 28, 2024, 10:53:57 AM

OP, the crypto space is not the way that you think it is. Moreover, those shitcoins that you are talking about mining will not give you any profit if you are not lucky. Bitcoin is the only cryptocurrency that have foundation and history with great potential which makes it unique from the other because it is decentralized.

Mining bitcoin needs a huge resource because the cost of electricity is very high and you cannot make profit from it if you are a solo miner in Nigeria. Trading is the worst because you need to learn everything about trading which is not easy and cannot be done in a year. You also need money to practice trading because you must run at loss. Most airdrops nowadays are scam.

You should invest in bitcoin and hodli for along period of time in order for you to make profit because the price of bitcoin increases overtime.

Good, you have said it all, not every mining pays, if you are not lucky you won’t even get a single penny from mining even when you have been doing it for more than a month, let be honest there is no way in crypto that is easy, it is very hard to get a good airdrop that is legit or sure that this project is going to pay, so you don’t have to trust any of them whether they are going to pay or not and also about trading, trading is good but the way he said it that you just have to learn it in your phone and other stuff makes me laugh, trading is not an easy thing, you have to learn it very well that you can able to make a profit whenever you want to start trading and it also requires money because you have to put money to earn a profit, so having a free coin through mining or enjoying trading without no stress is impossible you have to learn and work hard.

The only thing that you can have rest of mind when you invest in bitcoin because bitcoin is a very sure investment that no matter how the market goes down it will surely come up and anyone who invests will have a good profit, for me, instead of going through mining and trading I will invest in bitcoin if I’m capable of investing and hold and when the price rises I will earn a good profit.

DaNNy001

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Quote from: DaNNy001 on July 24, 2024, 10:07:28 AM

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

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

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

DaNNy001

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

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

Jibdeen

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner. .

You cannot just venture into trading or minning without much knowledge on how e dey work if not you will end up wasting your time.
If you venture into trading without much knowledge you go later invest in a coin that will make you lose because you don't have much knowledge or you just have elementary knowledge about how it works but you don't know how to choose the best coin . many people venture into trading without much knowledge and they end up losing their money and so they got poor.
The same thing go happen if you venture into minning without much knowledge you will mine an irrelevant coin wey at the end go be wastage of time and resources.
That why dey open many centres and institute for people make them learn trading so that they go avoid wastage of money and time,so i advice people to get much knowledge not elementary knowledge about trading before venturing into it.

Coyster

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

You can start with or without money, you just have to choose whether to be a Trader or Miner.

I no know who tell you say e dey easy oh, but trading no dey very easy at all, you go fit lose all of your money and mining go cost you a lot of money, plus other logistics problem, like cost of electricity and maintenance, etc.

Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

While on the other hand
The miners just like most of us now, just interact with some apps, do the task required by the devs and claim free coins daily ontill the project lunches, then sell off and enjoy the money. You pay nothing to get them, every free money in crypto is called AIRDROP.

I no know the type of mining wey you dey talk about, but no be so bitcoin mining be oh; and none of us here be bitcoin miner. You dey mistake airdrop for mining, or maybe na shitcoin mining you dey talk about.

7juju

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If it was that easy everyone of us here would have become a millionaire in dollars by now. It's not that very easy. You are just looking at the positive side without looking at the negative aspect of it. In every 100 airdrops you participate in there is every tendency that 98% of it are scams, if they are not scams they won't pay. It could be that you are still very new in the crypto space and you have been luck to have gotten an airdrop that pays you few bucks that's why you are sounding this way. There is no easy or free money any where not even in this crypto space as you are saying. The traders you are referencing if they tell you how much they are losing on daily basis you will be surprised. To be a successful trader you professional knowledge and not basic knowledge about the crypto space. Hodlers are those that need basic knowledge to buy and hold their crypto, but if you are venturing into day trading like future trading please seek for professional knowledge before you lose all your funds and blow your account within hours or days.

Doan9269

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

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

Traders and miners don't just earn like that while sitting, they all bend down their knees to work and also have their hands always on desk to make something productive out of what they are doing, when we go to the requirements needed in setting up mining rig, then we are going to realize that it's not a child's play to become a miner, because it's capital intensive and time demanding, secondly, if we are to go for trading, this is another big task ahead of us because we may choose to earn bitcoin and then use it for trade but when we are not being careful, we may not achieve any goal with trading, all these tells us more about being mindful of what we use our time for.

Fiasem20

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Op to earn through crypto no easy as you think,first thing to do na to acquire the basic knowledge about crypto before you fit make any move.Now the internet just full with misleading informations about crypto,so the knowledge wey you acquire matters alot.You go just read caption online wey dem write traders and the miners are both smiling and you wey dey new in the crypto space go just neglect to acquire knowledge rush go trade token wey no get value and no be sweet mouth sef trading no be easy task nai make financial advisors dey always talk say e dey more profitable and less risky to invest than to trade crypto.
Airdrops tapping don turn mining for some crypto users most especially the newbies,no let anybody deceive you dem no be desame thing.Person fit dey tap for years make ehn no reap anything from airdrops because majority of these new tokens wey pump into the crypto space na scam.If you wan mine coins go for the ones wey get potential like Bitcoin,and to mine Bitcoin light no go cease for your house, validate transactions and solve mathematical puzzles.

Mayor of ogba

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It is only when you are investing your money in bitcoin that you don't need a wide knowledge of bitcoin before you can start a bitcoin investment, but when it comes to altcoin investment, you need good knowledge to identify the altcoin that is good to invest in. Trading is not a good start for a newbie, and you shouldn't encourage trading before you misguide other newbies into adopting trading, thinking that trading is an easy way to make cool cash in crypto. Before you can be successful in trading, you need to have good knowledge of technical analysis to be able to guess when to enter a trade and leave a trade to allow you to take your short-term profit, and you must be able to know if there will be news that will cause the crypto market to dump so that you will wait for it to happen before you buy a coin or token. As a newbie, you lack these skills, and it will take you a long time to learn, so I will advise you to do more learning than teaching so that you can know how things work in the crypto space.

AVE5

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

The crypto spheres isn't an end of the road of making money, so then, there'd always seems vital excuses of those who're unable to earn from it.
Earning in the Crypto markets isn't just so easy as thought because you'll either need to invest with your money and knowing quite well about the volatility nature of cryptocurrencies especially the AltCoins, it could ruin an inexperienced investors financial portfolio.
Talking about mining? It isn't still so easy because you'll need much technical knowledges and series of electronic or or mobile equipments for it. It's just unfortunate that not everyone can afford all that requirements.
Talking about airdrop? You can still fall into fake projects having all your times wasted with it.
Instead I'll say that crpto market is a flexible industry which allows and enables individuals to for flexible digital earning diversifications while saving you physical stresses.

Lida93

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Quote from: Bitwave01 on June 28, 2024, 10:28:22 AM

In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.

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

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

Please don't go explaining things this way to a newbie who is interested in cryptocurrency trading, you will be sending him or her to a robust loss and you could also be in trouble for misleading because absolutely this is just so misleading about trading.

Cryptocurrency trading is ain't buying and selling of akara and bread and boom! You've made profit. It has send a lot of people who think this way you do packing back to square one. Trading demands a lot of devotion and and a deep knowledge of both technical and fundamental analysis. You must be aware of market psychology, have a proper risk management and a bunch of other requirements you can't learn at a go but from your personal experience with the market.

I don't want to go into talking about the mining as you have actually done a disaster there with all you said concerning crypto mining... Grin

Topic: THE TRADERS AND THE MINERS ARE BOTH SMILING (Read 315 times)