Everything requires a process and no one gets rich suddenly without effort and hard work. In the crypto world we know that this digital currency can be obtained by buying it and mining. Crypto currency can be invested, it can also be used as a means of payment and can also be traded for profit.
From the explanation above, what I think of is to get bigger and faster profits than other ways, namely by mining and trading. If we invest in cryptocurrencies it will definitely take a very long time to get bigger profits.
Topic: What’s the fastest way to grow wealth in our present world of digital currency? - page 3. (Read 496 times)
November 05, 2021, 09:20:44 AM
November 05, 2021, 12:32:23 AM
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.
I would argue that the fastest way to get rich in crypto is to farm on a platform like Pancakeswap or Ref Finance. Sell the farming rewards for USDC and cash out via a crypto card. An extra 50 usd a day really adds up. 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.
November 04, 2021, 05:08:08 PM
Digital money is increasingly being accepted as an alternative currency. The most popular at this time is Bitcoin Yes of course many people who already know how to make profits in crypto need various ways to get quick glory, during the bear market a lot of people have ripped off profits, They also joined a lot of new projects supported by platforms that good for cryptocurrency users while waiting for the bull run to happen.
In this modern times being smart is the best to generate wealth. People no longer get to physical struggle to make money because the internet has so much of opportunity like blogging, web creation, trading of cryptocreency, script writing.
Hodling cryptocurrency also is a big business that much people have made wealth from too. Bitcoin hodling have benefited early hodlers and altcoins too have valuable coins like Ethereum, cardono and many others like dogecoin that has made people rich.
November 04, 2021, 04:57:46 PM
Digital money is increasingly being accepted as an alternative currency. The most popular at this time is Bitcoin Yes of course many people who already know how to make profits in crypto need various ways to get quick glory, during the bear market a lot of people have ripped off profits, They also joined a lot of new projects supported by platforms that good for cryptocurrency users while waiting for the bull run to happen.
In this modern times being smart is the best to generate wealth. People no longer get to physical struggle to make money because the internet has so much of opportunity like blogging, web creation, trading of cryptocreency, script writing.
Hodling cryptocurrency also is a big business that much people have made wealth from too. Bitcoin hodling have benefited early hodlers and altcoins too have valuable coins like Ethereum, cardono and many others like dogecoin that has made people rich.
November 04, 2021, 04:42:34 PM
I don't think that we can become rich in a short period of time. If we chase this goal, we are more likely to lose as it looks like gambling where only 1-2% of people are lucky to earn.
We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
There are lucky traders that have been caught by hype and they've managed to become rich in a very short period of time. But the risk is with them and it's the highest because those projects that they're trading, they're likely to dump at the lowest that it can.We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
That's why if you're aiming to be a rich person through cryptocurrencies, you have to do it with the moderate method. You'll become rich if you're too good but don't be too hasty.
November 04, 2021, 02:22:50 PM
I don't think that we can become rich in a short period of time. If we chase this goal, we are more likely to lose as it looks like gambling where only 1-2% of people are lucky to earn.
We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
We had better focus on long-term constant capital building by holding mainstream currencies and different defi-projects such as staking and yield farming platforms, so be patient and don’t chase quick money.
November 02, 2021, 05:54:57 AM
Investment selection can be anything. for those who like to invest in the world of the money market, today, many are smiling, especially when they enter in July when BTC is $30,000 and hold until now feel the sweetness of the added value of profit. Even though crypto continues to rise, I remain vigilant. However, crypto is high risk so you have to be prepared to lose if at any time it gets slammed badly.
In my view, you should diversify your investment. At least try to return your initial capital first, the rest let the profit be played, the important thing is that the initial capital has returned so that if you lose, you don't eat the initial capital. Don't be greedy, still have to be alert, it can be slammed suddenly!
In my view, you should diversify your investment. At least try to return your initial capital first, the rest let the profit be played, the important thing is that the initial capital has returned so that if you lose, you don't eat the initial capital. Don't be greedy, still have to be alert, it can be slammed suddenly!
November 02, 2021, 03:59:27 AM
I read CZ Binance said about crypto. He said the best way to be wealthy in crypto is to hold it. If someone held 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 holding is also a form of trading. 
October 29, 2021, 02:40:36 AM
Yes! if you landed on a successful project whether it is NTFs or Altcoins. Because some of those projects are hoaxes and do not really work that way when you don't use your mind and you just simply invest with the random altcoins. Some of the NFT projects are trash and some of the altcoins out there are just shit coins that will not raise their price no matter how will the situation of the crypto market is.
Therefore, what you need to do is be updated on the crypto news that publishes trusted content because that will be convenient for you to know whether the project you are about to invest your money in is good or not.
Therefore, what you need to do is be updated on the crypto news that publishes trusted content because that will be convenient for you to know whether the project you are about to invest your money in is good or not.
October 29, 2021, 02:38:14 AM
I do agree, however there is a caveat here, if you don't know what you are doing and just blindly throwing money in thinking that it will give you X amount of profits in return then you are wrong.
NFT's are just like the ICO of 2017, and I'm sure majority of us here knows what happen after the bubble has been burst. The ICO lost it's luster, investors sway away and look for the new and latest trend that can give them another set of profit.
So just be careful with all of this NFT craze right now, it could end in a bubble like ICO, just saying.
NFT's are just like the ICO of 2017, and I'm sure majority of us here knows what happen after the bubble has been burst. The ICO lost it's luster, investors sway away and look for the new and latest trend that can give them another set of profit.
So just be careful with all of this NFT craze right now, it could end in a bubble like ICO, just saying.
October 29, 2021, 02:20:12 AM
Caution: cryptocurrency is not a quick rich scheme
People who thought that they can double their money in the next few months took loans and invested on cryptocurrency but what happened they lost the cryptocurrency value and also their life so never assume that its an investment unless you are ready to lose the capital completely.
People who thought that they can double their money in the next few months took loans and invested on cryptocurrency but what happened they lost the cryptocurrency value and also their life so never assume that its an investment unless you are ready to lose the capital completely.
I agree. Not fully knowing all the intricacies of investing, you can quickly lose your money, instead of getting rich quick. If there were correct instructions on how to increase our capital, I think many of us would already be millionaires.
Without a certain experience, which has in its history not only profits but also losses, it is impossible to work out the right strategy for yourself. Therefore, you need to soberly assess your knowledge and risks, which can play in the future not as intended.
October 28, 2021, 10:29:53 PM
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.
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.
Not going to be an easy ride, yes Cryptocurrency is a great opportunity to create a lifetime income, but behind those opportunities are traps that you have to deal with, there is a lot of quicksand in the Cryptocurrency market, you thought you have it and you find out its slipping, you have to educate yourself how to move forward what to look how to cut your losses, it's not an easy ride and learning should be continuous.
October 28, 2021, 06:53:19 PM
That's true, we are facing a market with really cool opportunities to get rich fast. But one should remember that there is always a darkside in any situation or in any process. I think the fall of the markets will be devastating. Of course this will happen after a huge growth. Just don't be too greedy and religious when dealing with crypto 
October 28, 2021, 06:45:18 PM
Well, when you ask that, I think you might be aware of number games, maybe luck won't be with anything but time and knowledge, as well as loyalty. I think to get rich “quickly” in the crypto world is to take gambles on Doge, Shiba, NFT… it's your choice, I won't be sure I'm in any period. Maturity is a must
October 28, 2021, 06:30:22 PM
The best way is by following the growth of the era. Sometimes, there is some development of technology, the latest will be the best ways to follow. If we don't follow the development, we will be left behind.
Actually, this is not only about cryptocurrency because there are also complex online jobs that we can do.
but here, I also focus on cryptocurrency right now. Investment in the top coins and especially Bitcoin and other TOP coins will be good enough for long term investment
Right. Investing in crypto particularly with bitcoin and the rest of top 10 coins in CMC will certainly make you wealthy in as early time as possible. And while you are holding into the best coins for future profits, you should always have other investments in the real world that are huge in demand so that you will gain both profits from fiat and crypto in time. And better stay away from living luxury life, otherwise you won't be earning still in the end. Actually, this is not only about cryptocurrency because there are also complex online jobs that we can do.
but here, I also focus on cryptocurrency right now. Investment in the top coins and especially Bitcoin and other TOP coins will be good enough for long term investment
October 28, 2021, 05:22:02 PM
The best way is by following the growth of the era. Sometimes, there is some development of technology, the latest will be the best ways to follow. If we don't follow the development, we will be left behind.
Actually, this is not only about cryptocurrency because there are also complex online jobs that we can do.
but here, I also focus on cryptocurrency right now. Investment in the top coins and especially Bitcoin and other TOP coins will be good enough for long term investment
Actually, this is not only about cryptocurrency because there are also complex online jobs that we can do.
but here, I also focus on cryptocurrency right now. Investment in the top coins and especially Bitcoin and other TOP coins will be good enough for long term investment
October 28, 2021, 03:42:55 PM
One of the fastest means of making good earning (ROI) is crypto currency, and it cut across different sectio, Bitcoin, Altcoin and NFT, all is reliable, if one knows how to play it card very well, one just need to be careful when investing in NFt and Altcoin because of dubious project.
October 28, 2021, 11:06:40 AM
OP you must understand that there is no fast way to make money, even with digital currencies, you may think you can make money quickly, but that would cause you to make mistakes such as not doing a proper research before investing, investing more than you can afford to lose, choosing the wrong coins etc. Having said that, digital currencies are far more than making one rich, you must invest in a coin you believe in, I for one believe in the Bitcoin network cause of the freedom and control it affords its investors and cause it also has an actual use case, thus you should actually select coins that you believe in and not only cause you believe it can make you rich pretty fast.
October 28, 2021, 10:38:11 AM
Recently it seems if you are chasing returns then you might want to look into things like OHM or TIME where you are getting compounded returns multiple times per day. I like OHM but ETH fees are a turn off for me. I went heavy into TIME since I like the team and the fact that it is on AVAX makes it cheap and easy to get into and its still incredibly early.
October 28, 2021, 10:22:12 AM
But don't forget there are also those who end up poor because they don't have the knowledge to invest in which crypto. This is relative if indeed all the coins we buy can produce abundant wealth, but it all comes back to the value and resilience of a person. whether able to be even harder in financial management or just ambitious.
With so many ways to get rich, then why are people still complaining that investing in crypto ends up failing?
With so many ways to get rich, then why are people still complaining that investing in crypto ends up failing?
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