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Topic: What’s the fastest way to grow wealth in our present world of digital currency? (Read 443 times)

member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
I think those who hold solid projects will make it in the long run. But, if one leaves his position when the price crashes, then chances are he becomes poor because of his wrong decision.

I see one can let a portion of his crypto holding run on automatic fashion by staking it. Staking offers good passive income on the right Defi platform. Another way to grow one's wealth is the new decentralized hedge funding (the upcoming Ferox Advisors as an example) which offers a solid trading method on the TRC20 network.

So, I think there is a good potential in staking and trading when using the right platform and methods.
full member
Activity: 840
Merit: 101
Agree, don't be left behind for success and riches. investment trends are always dynamic and the best way is for us to follow the development of these trends, there is no denying that crypto is the most promising investment and it has been proven that there are many new rich people from cryptocurrencies with various fields such as coin/token makers, establishing exchanges, mining and so on.
No exception as holders, all holders of large coins in the long term have achieved the highest profits since crypto as a promising investment trend, so we already understand that there is no need to panic in crypto investments because every correction will be a new pattern reaching the highest price.
member
Activity: 714
Merit: 16
The world is going digital and that is why we now have more people working from home as to regards going to work before. Technology is advancing and there are many ways to having multiple streams of income in this digital age.
sr. member
Activity: 1190
Merit: 250
Altcoins and NFTs, without a shred of doubt.

We have entered the age of digital transformation and the digital economy.
Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.

Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month.
Everything is digital now.

Don’t get left behind.

Agree, don't be left behind for success and riches. investment trends are always dynamic and the best way is for us to follow the development of these trends, there is no denying that crypto is the most promising investment and it has been proven that there are many new rich people from cryptocurrencies with various fields such as coin/token makers, establishing exchanges, mining and so on.
legendary
Activity: 1652
Merit: 1000
Don't get it wrong that in Crypto the risk are equal to the profit itself which mean behind big money which you can get from crypto there also a risk to lost the money immediatelly and to get rich from crypto it took a lot of hardworks to achieve that so it won't be so easy because I was often to see people have failed to get rich and became poor because of crypto and maybe crypto offering big money but don't mean it will be shortcut to be a rich
fvb
member
Activity: 1470
Merit: 13
It's like you were already answering your own question, by the way. However, let me quickly chip in something I read CZ Binance said about crypto. He said the best way to be wealthy in crypto is to hodl it. If someone heDl a single Bitcoin since 2015 and never sold it, the person would be in great wealth, no doubt, unlike if they tried to trade it (which most do and then lose out on it). I share in CZ's view point and this is why I'm of the opinion that hodling is also a form of trading. But it's also pertinent to note that when one hodls one should know the right time to sell.

Nevertheless, to grow wealth will mean investing and reinvesting. Then lead a minimal life of luxury so as to safe cash too.
Keeping coins is really the right thing to do. It's just that you don't always know exactly which ones will rise in price. For example, I received tokens from one bounty and my intuition told me that the project would be in demand. But at one point I urgently needed money and I sold it. As a result, I sold it for $ 150. At the moment, the price is estimated at 12,000.
sr. member
Activity: 1246
Merit: 250
to become rich in cryptocurrencies is not as easy as you said, because many also have received big losses from cryptocurrencies. if there are some people who can get rich in a short time then there are some people who experience big losses in a short time too. Cryptocurrencies do look easy but require energy and strong mentality when you see market movements that are so fast.
Because of the risks and benefits that everyone has started to learn not to make rash or hasty steps in making their choices, because when someone will lose, then at the same time someone will win, for example as you said.
full member
Activity: 753
Merit: 100
Play Bitcoin PVP Prediction Game
Altcoins and NFTs, without a shred of doubt.

We have entered the age of digital transformation and the digital economy.
Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.

Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month.
Everything is digital now.

Don’t get left behind.

to become rich in cryptocurrencies is not as easy as you said, because many also have received big losses from cryptocurrencies. if there are some people who can get rich in a short time then there are some people who experience big losses in a short time too. Cryptocurrencies do look easy but require energy and strong mentality when you see market movements that are so fast.
member
Activity: 434
Merit: 10
Crypto can make rich quick but it also makes it poor quickly. It depends on how to run it. When playing in crypto only relies on speculation and guessing, it is like gambling and harm. Science and basics such as technical and fundamental in crypto are needed to make you rich quick in the crypto world.
full member
Activity: 862
Merit: 100
Altcoins and NFTs, without a shred of doubt.

I am not really sure about NFTs as because of hype there are too many scams now that release their own NFTs and investors who follow this hype, invest in such projects and then lose their money. When you choose an NFT-project to invest, be very careful and investigate web-sites, social media, documents, team members and community.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
The fastest way to get rich you can do is use Bitcoin. But it's a good idea to choose to hold zbitcoin because this will be much more profitable. Even though it can be quite long, the profit you get will answer all your hard work. If you want a quick profit you can choose to do day trading but don't expect the profit to be large because daily trading only takes a short time where market conditions only change slightly up and down. It all comes back to you, choose the right time and right.
Holding bitcoin needs to have patience and control ourselves because I see many people can become panic when they see the price drops in a second and make them sell their bitcoin instantly. It needs more practice to hold bitcoin with the right and how we can buy more bitcoin at the right time.

I believe that the process will not lie to us as if you are working hard to earn more bitcoin and make a profit from trading, you will see that your capital will grow from time to time. As long as we know what we need to do and have the way to try to make a profit, we will make a big profit someday.
legendary
Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
Crypto surely is a quick way to earn. No other market would give you comparable ROI. But with higher chances there are higher risks.
Diversification, on coins, type of coins and how you invest. NFTs, Defi coins, stable coins, utility tokens and other coins. Joining good projects in pre-sells, buying the dips. Trading with bots and manual, staking coins for larger rewards, stablecoins LP for safer earnings.

As they always say: "with high risk, comes high reward". Crypto brings huge rewards to the investor, but it's extremely risky as prices fluctuate constantly on the market. If you play your cards right, you could help grow your wealth with crypto faster than traditional banks. There are so many ways to make money with crypto limited to your own imagination. Staking and lending are usually the best ways to grow your wealth in crypto land. Combine this with stablecoins, and you're on a road towards financial freedom. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts Grin
member
Activity: 728
Merit: 12
The fastest way to get rich you can do is use Bitcoin. But it's a good idea to choose to hold zbitcoin because this will be much more profitable. Even though it can be quite long, the profit you get will answer all your hard work. If you want a quick profit you can choose to do day trading but don't expect the profit to be large because daily trading only takes a short time where market conditions only change slightly up and down. It all comes back to you, choose the right time and right.
hero member
Activity: 2170
Merit: 530
Involvement of Elon Musk is also having big impact on this all because after his hype about Dogecoin give very good fortune to him now many celebrities and other peoples also announcing about their involvement and having very good fortune with this. But as OP is asking, the fastest way of having wealth is also very easy after we have some good digital and crypto related projects which are helping to grow your stuff very quickly.

SHIB is also going into top 10 markets in space of just one year mean now dignity is not important, just your hungriness about money is more important for having very good wealth. Just sack of your own start any fake project and fill yourself with money but still remember one thing when going from this world you are still having nothing in your pocket.

It's undeniable that during the time Elon Musk made a tweet mentioning Doge (it was during the Q2 of the year) it made a hype to the token, I think he was the one who really made this crypto valuable even if it is meme coin. Today, I believe that through this digital currency platform, NFTs were one of the way to achieve our dream financial freedom the fastest way but thinking of investing in meme coin need to be very careful because the risk is still high. I think Shiba Inu will be the great competitor of Doge.
jr. member
Activity: 840
Merit: 6
Altcoins and NFTs, without a shred of doubt.

We have entered the age of digital transformation and the digital economy.
Boomers were able to get rich by simply buying a house in the 80s and sprinkling their savings across low risk stocks, which netted them a 45x.

Now, crypto was the chance for us get rich with a 100x in Bitcoin since 2015 at $500, another 100x for those who invested last year and probably another 50x for those who invested this month.
Everything is digital now.

Don’t get left behind.
NFTs seem to be the fastest way, so do dog coins but those are high risk. I prefer to yield farm on Spookyswap, Ref Finance, and Pancakeswap. These are paying me 100 usd per day, which is enough to live on.
hero member
Activity: 2492
Merit: 586
Crypto surely is a quick way to earn. No other market would give you comparable ROI. But with higher chances there are higher risks.
Diversification, on coins, type of coins and how you invest. NFTs, Defi coins, stable coins, utility tokens and other coins. Joining good projects in pre-sells, buying the dips. Trading with bots and manual, staking coins for larger rewards, stablecoins LP for safer earnings.
Involvement of Elon Musk is also having big impact on this all because after his hype about Dogecoin give very good fortune to him now many celebrities and other peoples also announcing about their involvement and having very good fortune with this. But as OP is asking, the fastest way of having wealth is also very easy after we have some good digital and crypto related projects which are helping to grow your stuff very quickly.

SHIB is also going into top 10 markets in space of just one year mean now dignity is not important, just your hungriness about money is more important for having very good wealth. Just sack of your own start any fake project and fill yourself with money but still remember one thing when going from this world you are still having nothing in your pocket.
full member
Activity: 1736
Merit: 186
Wouldn't most agree is to get on some coin that is pumping... doge or shiba and similar and then once you double your money or triple it, get out and rinse and repeat?
member
Activity: 148
Merit: 11

Well if we will just consider the quickness of growing wealth, NFT and altcoins are probably the fastest ones in the crypto world that can give you wealth.

On the other hand though, lets not forget that they are the fastest ones too to lose your money. We've seen numerous altcoin projects that ended up as a scam and the same as NFT's. Just a few days ago we saw Squid Game Token ended up as a rugpull. Many of these will be done in the future Smiley.

Overall, investing in Altcoins and NFT's are a good investment. Just always do your research always and only invest what you can afford to lose.

One thing we all need to remove from our mind is the greed of getting rich in short duration. Crypto is very risky, even with proper research you end up ending in scam projects. To my best knowledge, it's good to keep major part of your investment in invest in solid coins like BTC, ETH etc. While only 10 to 20% you can invest in new coins or projects like NFT, DeFi. My few staoshi.
legendary
Activity: 2926
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
No doubt crypto is one of the easiest way of making money right now, the best part about it is that you don't really have to study too hard, just manage your risk and know what project are good to invest in, although there will be some looses but the gain percentage should be high, altcoins help out the most since bitcoin is too big for most people like me, I normally buy good altcoins that have real utility e.g avax, near, ltx & sol, although I bagged more of Near than any other coin here, since Near is programmed to reach the top 10 spot soon, I see near reaching a minimum of $50 by this time next year,so buying now is a plus imo.

Crypto surely is a quick way to earn. No other market would give you comparable ROI. But with higher chances there are higher risks.
Diversification, on coins, type of coins and how you invest. NFTs, Defi coins, stable coins, utility tokens and other coins. Joining good projects in pre-sells, buying the dips. Trading with bots and manual, staking coins for larger rewards, stablecoins LP for safer earnings.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
No doubt crypto is one of the easiest way of making money right now, the best part about it is that you don't really have to study too hard, just manage your risk and know what project are good to invest in, although there will be some looses but the gain percentage should be high, altcoins help out the most since bitcoin is too big for most people like me, I normally buy good altcoins that have real utility e.g avax, near, ltx & sol, although I bagged more of Near than any other coin here, since Near is programmed to reach the top 10 spot soon, I see near reaching a minimum of $50 by this time next year,so buying now is a plus imo.
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