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Topic: Using Crypto profits - page 7. (Read 1371 times)

full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
April 29, 2022, 09:13:44 AM
using the profits from crypto I usually save it in usdt for preparation if money is needed suddenly, and sometimes I also buy it on coins that are experiencing a decline and the frequency has increased by 30% in a short time, for example BNB
Saving other coins can also be converted, but it is too complicated under certain conditions, everyone who has entered into investment, must save some USDT, because the opportunity to buy can come at any time, to do coins that are in decline should have potential value, because if buying the wrong coin, then we have to wait for the hype in getting the profit
nothing too complicated, I used to do it. after the profit is obtained I will play it to buy altcoins that are trending dumps. although you will not feel bigger profits in a short time, if the altcoin you buy again is good, you will benefit in the long run. do not rush to withdraw your profits to fiat.
The principle is indeed not complicated in carrying out investments, as long as we are able to analyze potential altcoins, in the market there are quite a lot of good altcoins that can be utilized, but we must understand very well how these altcoins work, if we can do this correctly, then it is definitely a good investment. what we do will provide an appropriate return, therefore this is very much needed in carrying out investments
newbie
Activity: 2
Merit: 0
April 29, 2022, 09:07:12 AM
Choose a protocol with a decent APY on staking and let it work for you.
I dunno, LOOK, BEETS, or SOLACE seems good.
sr. member
Activity: 1960
Merit: 329
April 29, 2022, 08:10:31 AM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

You are only one year in crypto, and have not spent alot of time that can warrant you to start complaining that you are not going well. Except there are losses you did not mention in your post, I did not read anything that makes it look like you are not making cool cash with it. Just endure whatever hardship that is going on in the market now. The crash will later return the market to profits.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
April 29, 2022, 07:27:20 AM
I do not collect so much profit, usually prefer to withdraw it into my account to use in my daily life. Sometimes holding coins or tokens can only eliminate assets if done without proper calculations. Even a precise calculation may not necessarily be profitable when holding it. But, I think that if cryptocurrency continues to grow well, this is not good to do continuously, I am now starting to invest in exchanges such as staking or trading, to add consistent profits.
full member
Activity: 649
Merit: 100
Binance #SWGT and CERTIK Audited
April 29, 2022, 06:19:06 AM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?
My initial entry into cryptocurrency at the end of 2017 was very lucky, because I immediately got a bull run market moment. Almost everything I did in cryptocurrency would have made huge profits very easily at that time, but I didn't think long if this moment didn't necessarily come a second time, I spent that profit just for useless things, if it happened again I would try to invest some of my profits in today's popular projects like NFT, Metaverse, Web3.0
sr. member
Activity: 987
Merit: 289
Blue0x.com
April 29, 2022, 06:00:58 AM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

     Mostly, I flip coins or just take little chunks of profits from assets I have to buy a completely new coin. But my maximum number of top altcoins to hold is just 10. While for start ups, or shitcoins mostly 5-10, maximum would be 15 since I do not keep track of these shitcoins unless I really like it and each coin would only take up 5-15% of my shitcoin capital which is 30% of my overall capital. I also stake some token and do yield farming but only a few since I only trust a few of what I see right now. And then there's NFTs which are pretty fun to flip and collect.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
April 29, 2022, 06:00:31 AM
most often, I reinvest 50% of my net profit in new tokens that are inexpensive and send them to various deposit programs.I put the rest of the dollars on a separate wallet, so I have 3 different types of savings and it's easier to use them.
sr. member
Activity: 1428
Merit: 251
April 29, 2022, 12:44:46 AM
using the profits from crypto I usually save it in usdt for preparation if money is needed suddenly, and sometimes I also buy it on coins that are experiencing a decline and the frequency has increased by 30% in a short time, for example BNB
take profits and also save in usdt beside could used to fill our daily needs,it also could increase buying power whenever we alot major coin decline. with current moment as example, alot top coins drop hardly now and if we have some usdt from trading profits, we could used it to buy more coins. alot traders didnt recognized buying power so most of them only hold but no target that will achieved.
sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
April 28, 2022, 10:31:14 PM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?
I only take consistent profits with small profits because I realize I don't have big assets to make big profits. I will immediately withdraw a small profit into my account, but another thing that is more fun if I find info about a small price coin I will buy it by entering at the beginning which is usually very profitable when it is listed on the market. I can use it to reinvest some of it in its profits.
hero member
Activity: 2366
Merit: 594
April 28, 2022, 09:31:26 PM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

Well, I just re-use it like I was using it to add to my capital and invest more. Before I discovered bitcoin, I was looking for an online job or any investment that didn't require a capital, or if it did, I needed to earn it first. So now I see bitcoin, I don't have money at the time, so what I've done is do faucets and make graphic designs paid in Bitcoin, also I joined the signature campaign, which my earnings on that is I save it to invest to other crypto or join ICO to earn more.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
April 28, 2022, 09:20:06 PM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I take a little profit from the daily trading results. Profits based on price changes are between 2% to 3%, as market conditions do not allow making it difficult to earn in higher percentages.

Previously, what I always did was take out my earnings and spend them, then I was left with nothing, now I have another way of looking at things, as each mushroom thing is an additional effort, and thanks to the books I have read, I dedicate myself to the 50% of the profits that obtaining the bag from Crypto, I enjoy them and spending and the other 50% I leave it on the investment and what M is coming up money, this I do it for the level of compromise that is to take the correct decision without being left carry by emotions.
sr. member
Activity: 1876
Merit: 318
April 28, 2022, 08:54:30 PM
Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.
You have a good strategy for managing the profits from your portfolio, but participating in a newly launched project is very risky, so you should do a detailed analysis on a new project before investing. My advice remains for top coin investment options compared to new projects.
Actually, new projects can indeed give us a bigger profit than top coins, but as you said the risk is also big. And based on my experience in
the crypto world for several years, it is not easy to make a profit from a new project. Often I buy at the peak price or sell it late, because i
f the new project pump will be very high, but the increase will not last long, because the price of new projects will drop drastically. If the price
has gone down it will be difficult to go up again, chances are we will be stuck for a long time in the new project. Therefore, if we feel lack of
knowledge and do not have good analytical skills. Do not take the risk of investing in a new project, it will only make us lose money.
I agree with you, It is highly recommended to invest in top coins, because the opportunity to generate profits is greater.

It is safer to invest in top coins but to make a profit it requires patience and we have to hold it for the long term. Investing in a new project should not be recommended for newbies but if you have knowledge and experience in the market and invest with the money extracted from profits, I think they are well worth a try. It can be risky for us but we can also get well rewarded if we really seriously seek and do thorough research.

I agree that patience is the key to successful investing in crypto, even though we have invested in top coins, it will not immediately provide
profits in a short time. We sometimes have to hold long enough to make a profit, because investing in crypto doesn't promise instant profit.
Therefore, quite a lot of investors invest in top coins for the long term, because it takes time to be able to generate large profits from top coins.

Regarding investment in new projects, it's not always bad, if we can choose a good project, we can make a big profit. So it depends on our
experience, research and analysis capabilities to find a new project that is worth buying. But because the risk is very large, I highly recommend
that if we want to try investing in a new project,  use a small capital and also use money that we can afford to lose. So if we experience a loss,
we can consider it as a learning cost.
full member
Activity: 547
Merit: 110
April 28, 2022, 06:38:49 PM
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?
same as you i used crypto last year.
the profit I get from crypto I let hold on the coins I invest and withdraw the capital I have.
sometimes I withdraw some of the profits to buy other coins that have good potential in the future.
for me this method has worked well because my money has grown and I have a lot of coins from the profits that I get from crypto.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
April 28, 2022, 04:11:14 PM
using the profits from crypto I usually save it in usdt for preparation if money is needed suddenly, and sometimes I also buy it on coins that are experiencing a decline and the frequency has increased by 30% in a short time, for example BNB
Saving other coins can also be converted, but it is too complicated under certain conditions, everyone who has entered into investment, must save some USDT, because the opportunity to buy can come at any time, to do coins that are in decline should have potential value, because if buying the wrong coin, then we have to wait for the hype in getting the profit
nothing too complicated, I used to do it. after the profit is obtained I will play it to buy altcoins that are trending dumps. although you will not feel bigger profits in a short time, if the altcoin you buy again is good, you will benefit in the long run. do not rush to withdraw your profits to fiat.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
April 28, 2022, 04:03:00 PM
using the profits from crypto I usually save it in usdt for preparation if money is needed suddenly, and sometimes I also buy it on coins that are experiencing a decline and the frequency has increased by 30% in a short time, for example BNB
Saving other coins can also be converted, but it is too complicated under certain conditions, everyone who has entered into investment, must save some USDT, because the opportunity to buy can come at any time, to do coins that are in decline should have potential value, because if buying the wrong coin, then we have to wait for the hype in getting the profit
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
April 28, 2022, 03:53:44 PM
using the profits from crypto I usually save it in usdt for preparation if money is needed suddenly, and sometimes I also buy it on coins that are experiencing a decline and the frequency has increased by 30% in a short time, for example BNB
jr. member
Activity: 552
Merit: 1
April 28, 2022, 03:50:33 PM
I usually make use of my cryptocurrency profit by buying new coins in most cases. Few times i withdraw them to solve personal challenges. By doing this i have been able to save a lot of profits
copper member
Activity: 24
Merit: 0
April 28, 2022, 03:32:25 PM

Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of  digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

The more people earn crypto they more they want to spend cryptocurrency.
The adoption of digital assets grow and more and more shops accept cryptocurrency.

Usually people earn more on cryptocurrency when cryptocurrency market rise.
But when cryptocurrency market falls people lose their interest to digital assets and sell their cryptocurrency.
sr. member
Activity: 1610
Merit: 264
April 28, 2022, 02:15:55 PM
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I would not use crypto for my daily needs if I already have permanent food. I can use partly my crypto profits in some stuffs that I "want". Careful of buying other coins out there though. It could have great potential, but it would be a shitcoin if it is always in the low price.
@OP It is just matter of how everyone manages their finance.
member
Activity: 1027
Merit: 11
April 28, 2022, 01:35:33 PM
I think there are many things that can be used from crypto profits, one of the most important is being able to meet daily life, especially if we don't have a permanent job, besides that we can use this advantage by buying real assets the form of gold , cars, and other necessities, but I personally will still buy other coins that have great potential of course at a low price.
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