At the moment, I am more into Decentralized Finance (DeFi). There are a lot of new things right now, especially since you can now easily participate in any DeFi platform even if you are just a retail investor or trader with low funds because it will not eat anymore huge transaction fees just like before, you can only participate in Ethereum.
Now there are a lot of already alternatives for Ethereum.
Topic: What makes you into crypto at the moment? - page 4. (Read 542 times)
I’ve been into crypto for a long time because I believe it is the future of investing & finance. Young people are investing in crypto far more than older, more traditional financial markets. It’s easily accessible, more fun & more interesting than stocks & precious metals. The ceiling is far higher & potential for massive profits much more likely in crypto. I’ve done really well over the years so I have no intention of changing the way I invest my money.
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Hmm i think it is a pretty bad decision to invest money into crypto because you have lost your job. I mean obviously in the crypto market is definitely possible to make a very big profit and for some of the investors it even are life changing profits, but it is also true, that the chances for such a profit are pretty slim and that the chances of a total loss of your investment are definitely higher than a x100 on your investment. So to put all your money on crypto is a very very risky decision in my opinion and definitely not to recommend. The first and most important reason for an investment into cryptos is and always will be. Only invest money, that you can afford to lose.
they will soon understand that getting into this market has no assurance of getting big profits. as you said, more on the side of losing your funds. staking in DeFi is only good if the project itself is a quality project where its price is increasing not decreasing by time.
as the saying goes, invest only what you can afford to lose. because in this volatile market, you have no guarantee if you will ever get back your money or get some profits. the price of the coin you invested with can suddenly decline fast just like the LUNA case. who knows what's next?
What makes you into crypto at the moment?
At that time?
Not really complex, only wanted to earn money because I really needed money at that time. I got crypto information from my friend and then learned about this. But in fact, that was not as easy as I saw my friend. Of course, he was since 2015 getting into crypto and he has gained much money from it. But I did it in 2017 and I was too late. However, with hard effort, I finally could be getting on it and was really able to earn money from crypto. Moreover, crypto becomes my main activity in earning money right now.
some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi Smiley
And you?
IEO - Staking - DeFi Smiley
Even then I didn't think about investing, just wanted to get crypto for free and sell it for money. The simple thing I thought at that time was that I didn't want to learn to get maximum results. That's stupid decisions at that time
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Hmm i think it is a pretty bad decision to invest money into crypto because you have lost your job. I mean obviously in the crypto market is definitely possible to make a very big profit and for some of the investors it even are life changing profits, but it is also true, that the chances for such a profit are pretty slim and that the chances of a total loss of your investment are definitely higher than a x100 on your investment. So to put all your money on crypto is a very very risky decision in my opinion and definitely not to recommend. The first and most important reason for an investment into cryptos is and always will be. Only invest money, that you can afford to lose.
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
It was not epidemic, it was Pandemic!
Quote
AN EPIDEMIC is a disease that affects a large number of people within a community, population, or region. A PANDEMIC is an epidemic that's spread over multiple countries or continents.
Coming to the peeps joining crypto, I don't think they came in because of the pandemic. The surge was very normal during the covid days and nothing really moved, not even the global supply chain. All we saw was movement of few companies buying the crypto assets in bulk because it was completely discounted days and there was high chance we would miss the train. However situation was different for the middle man, they were afraid and losing hopes to live a good life when we were fighting the pandemic.
I barely doubt, that many of them were engaged into crypto to make money. We were fighting! We were scared.
It is not the moment thatnakes me into crypto at the moment but because of different opportunities you can grab in crypto. As of now, I didn't have the courage to do it myself to risk my crypto in soke platform either to trade, stake and more where the profit are much bigger compared to what I know today which I only earn less than $100 dollars though that amount is already good enough in my country so I am okay or fine with it at the moment. I am very very lucky before where I am trading at that time and earn a profit of $10000+ with a capital around $200.
Of course, to make money. I saw the potential of crypto, which could provide a way to earn, be it from investing or trading, and this is what got me in crypto until now. The potential to make money from crypto also depends on how hard we try and what we do to make money. But all of that is not easy because we have to experience all kinds of things that exist in crypto, and only people who are really able to survive will make a lot of money or profits from crypto. And the potential to make a lot of money has many people joining with crypto.
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
Epidemic season already passed and why don't you try to find another job again? I meant use crypto as your side job. lol People in here mostly got motivated by profit from crypto. Money is the reason why most of people joined in cryptoAnd you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Some of them have become millionaires. Im sure about that. The pump was starting around 2020 until end of 2021. It seems like that recession was the main reason why people joined in crypto Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
whole market warm back after long winter from 2018.
As far as I can remember, the crypto winter didn't last that long. The crypto world is always going through processes, everyone realizes the great potential at the start of this new year 2023… it is a very impressive start after a prolonged decline. Trust has always been in bitcoin and that is a big motivator. What I like the most is keep taking time to accumulate savings and keep investing buy dip and hold, this is the best time to do it. 
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
I'm in and out of crypto since 2011. I lost my interest during this long bear as I lost quite a bit and there were not enough price movement for me to stick to it. Now I believe it's time to collect some coins for long term. I've lost a good amount in defi coins and NFTs so I don't even want to think about them. I'm going traditional with holding bitcoin and a few old alts. I'm even following Web3.0 but haven't made up my mind whether to invest on anything related to it or not.
profit has made the whole market warm back after long winter from 2018.
I think there were still people that have been missed making money during the bull run and still haven't learned that lesson that we've got from being in a long bear market on 2018.And for the next potential bull run, we're all about going to use those lessons that we've taken from the past.
If you still didn't learned anything from it then you should start accumulating or else, you'll still be missing a lot.
I think those who have been for a long time have never forgotten how the conditions were in 2018,
There is still time so take advantage of the opportunities that exist.
profit has made the whole market warm back after long winter from 2018.
I think there were still people that have been missed making money during the bull run and still haven't learned that lesson that we've got from being in a long bear market on 2018.And for the next potential bull run, we're all about going to use those lessons that we've taken from the past.
If you still didn't learned anything from it then you should start accumulating or else, you'll still be missing a lot.
It's all I have known since leaving the university, I studied as a building engineer perhaps I should have studied computer sciences instead, but I digress since 2019 I have been earning from various avenues in the crypto space.
I don't see any other way aside from becoming a solidity developer or something in the IT field, I mean don't get me wrong I absolutely love cryptocurrency, but the current trend leaves a lot to be desired.
Kinda wish for a more stable income stream in the web3 space.
I don't see any other way aside from becoming a solidity developer or something in the IT field, I mean don't get me wrong I absolutely love cryptocurrency, but the current trend leaves a lot to be desired.
Kinda wish for a more stable income stream in the web3 space.
Financial was probably the biggest driver but more than anything I've realised even with a "good" job I do not want to have a boss forever.
My perspective is if you enjoy it, the money usually follows.
My general philosophy for anything I get involved in is;
1st Believe
2nd Create
3rd Provide
Feel free to checkout my Twitter: https://twitter.com/A_mo1111_
My perspective is if you enjoy it, the money usually follows.
My general philosophy for anything I get involved in is;
1st Believe
2nd Create
3rd Provide
Feel free to checkout my Twitter: https://twitter.com/A_mo1111_
To change my financial of course, I do have a job but having an extra source of income is very helpful especially in our current state of the economy.
Besides, crypto is the easiest asset to be invested in, it doesn't requires any lengthy procedure nor does it require certain degree of skill and knowledge.
It should also be underlined that investing is taking risks. so if you want to invest in crypto you also need to consider every coin you want to invest, make sure that the coin is listed on a big market, say BTC or some other top altcoin ETH/BNB. do not forget to use cold money and monitor the coins you invest so as not to miss the opportunity to sell. Besides, crypto is the easiest asset to be invested in, it doesn't requires any lengthy procedure nor does it require certain degree of skill and knowledge.
some because the price of btc is very good so they want buy altcoin
What is the relation between Bitcoin price is high and they want to buy altcoins? it doesn't make sense at all. It's like saying UI designer is really easy job and the salary is really high, but I want to become front end developer 
When Bitcoin price is really high, it mean the other altcoin's price is really high too because most of altcoin will follow Bitcoin price. It's really risky to buy altcoin during Bitcoin bull run because when Bitcoin price is drop, the altcoin price will drop more lower.
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Well they want to gain money of course, Almost everyone is struggling during the pandemic season and people are losing their jobs, Most of us is trying to survive by finding a way to earn money and crypto is one of the way to make money at that time. Let's be honest, Most of them just want to ride the bull market and earn monetary value and just don't care what is the real happening behind the bull market at that time. This is why there are many people who are getting traumatized after experiencing a bear market after the bull market because they only expect the market to go up and up for a short period of time. We can expect another surge of people flocking into crypto when we are nearing or during bull market again given that everyone wants to milk it and make money from it. And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Making money. It has been a wild ride with ups and downs but i've never made as much money as in my life with anything then i made with trading altcoins and nfts. I am not even telling my friends. Sure now i have lost everything but i've risen from $200 to $20k many times. It's laughable how volatile markets are and how you can strike gold when you know what to look for and obviously you need some luck with it. And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Those that are staking are even going to see more profits if they've got a larger fund with regards to their staked coin. But if it's too minimal and low, yeah, there's still a gain but it's not too much and you may just be discouraged upon looking at those gains.And you?
IEO - Staking - DeFi
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Everyone who's into crypto is hard to get out because we're all living and believing that this is going to more progressive and known market and it's just getting started.
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