Which industry is making money? | Bitcointalksearch.org

Zoomic

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Quote from: Oluwa-btc on January 04, 2025, 12:12:41 AM

Quote from: Natalim on January 03, 2025, 06:49:05 AM

I don't have specific data, but my big guess is gambling - particularly online gambling. The thing is, even when the economy struggles, the gambling industry keeps thriving. That’s because both the poor and the rich continue to gamble, and no economic situation seems to shake this industry.

Definitely this is how I see it too, amidst all the economy hardship and struggles the gambling Industry still make lots and lots of money and I agree to that, looking at the rate of gamblers both online and offline they keep the gambling activities on, and this is because some gamblers think gambling is the way out of this situations so they keep it on, and the more they do so the industry is at advantage of generating more wealth and money and this increasing the rate of gambling in the society.

This will only be enriching the gambling platform owners and impoverishing majority of the gamblers who gamble all the time. It is more like collecting from the poor to enrich the already rich people.

The data about which industry makes the most money will differ from country to country, but if I'm to look at one universal industry talked about by almost everyone in the world, then that should be crypto. Crypto, especially bitcoin is not designed for selected few. Everyone who have successfully invested in bitcoin have something good to testify about it. For some people living in countries with low job opportunities, bitcoin is their saviour over there. Right now, bitcoin is one of the most attractive assets in the world which has also drawn the attention of the governments to it. People, I mean lots of people all over the world are making money from hodling, trading and mining crypto.

hafiztalha

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Textile industry is doing good and that industry is producing millions of dollars profit to the country and many other industries are not effected. Medicine industry is at top because more patients are in the market because in the past there were less patients and there were less diseases and now diseases have been spread all over the World. Medicine industry will not go decline because that is growing industry. Pet industry is also growing in many countries of the World and many countries are earning by providing food of pets like cat and dogs and Computer Industry is at peak because that has bright future.IT experts are earning good in the World because they are working independently and their skills are working for them.

dansus021

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going?

The money is circulating but recent war and post-pandemic still hit the world economic. The media always said the economy is bad because lot of thing if you focused on something you might still earn the money.
Which industry is making money? For now weapon industry, drug industry, chip making / tech industry still making money

including crypto

Iranus

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Quote from: JeffBrad12 on January 04, 2025, 11:29:03 PM

people finally view crypto as a hedge against inflation, and what i mean by that is financial institutions and big chunk of people adopting crypto to diversify their investment thus the crazy growth despite inflation.
it's a good thing that people finally realize how good crypto is for investment and yeah, crypto industry has been full of money, you'd see so many web3 jobs offering $400k salary a year for senior programmer and so on while we're in tech winter and big corporation are holding off from hiring more employees.

Cryptocurrency is not an inflation hedge, and to put it bluntly, the cryptocurrency market is speculative. People are getting attracted and hooked because everyone wants to get rich and change their lives quickly. But they do not know that the speculative market can generate huge profits but can also cause them to suffer heavy losses, even lose everything if they invest in the wrong project.

The financial market is a battlefield where there will be winners and losers, and most lose while only a few win. So, be thoughtful and have proper knowledge before entering the market. Don't think that making money in the crypto market is easy and anyone can do it.

JeffBrad12

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Quote from: Pi-network314159 on January 04, 2025, 08:26:30 PM

Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Cryptocurrency is making a lot of money despite whatsoever. Despite the economy is bad , it is not affecting the crypto market. As a matter of fact the the volatility of the cryptocurrency market makes an investment add more value from the initial amount invested. The market is gradually getting attention and adoption has increased.

people finally view crypto as a hedge against inflation, and what i mean by that is financial institutions and big chunk of people adopting crypto to diversify their investment thus the crazy growth despite inflation.
it's a good thing that people finally realize how good crypto is for investment and yeah, crypto industry has been full of money, you'd see so many web3 jobs offering $400k salary a year for senior programmer and so on while we're in tech winter and big corporation are holding off from hiring more employees.

justdimin

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Right about now, e-commerce looks like it is doing fine, not sure if it is growing or not, suppose to be growing, but it's at least making it easier to get in. There are so many things you can do, you could make any type of e-commerce website, instagram account, tiktok account or whatever, and sell whatever you want.

Things are much easier nowadays, there are great software that is making it so simple and the economics of it is cheaper and easier as well, and legal parts are easier too, so I do not think that it would be that difficult to start one. I am not saying it's easy to get rich doing it, just saying there are plenty of people who do, and that's why I believe that we are going to end up with something similar here.

Pi-network314159

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Cryptocurrency is making a lot of money despite whatsoever. Despite the economy is bad , it is not affecting the crypto market. As a matter of fact the the volatility of the cryptocurrency market makes an investment add more value from the initial amount invested. The market is gradually getting attention and adoption has increased.

uneng

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Besides agriculture market, technology industry is always making money as well. Most developed countries in technological field of knowledge are first world countries and rule the globe. They buy cheap raw materials from third world countries, manufacture it and sell for exorbitant profit margins back to the underdeveloped countries. Since those countries don't have the technology, they can do nothing besides importing technology from wealthy countries.

It means they sell cheap and buy high. They pay a harsh price for not investing in education and for not encouraging their citizens through the path of knowledge. Anyway, that is how it works, because it's interesting for those in charge of power in such poor countries. Corrupt leaders profit from the ignorance of the people.

Japinat

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Obviously, money is now safe within the hands of the corrupt leaders sitting in the government. While the citizens turn poorer, these greedy government officials are living their lives comfortably from the expense of people's money. As long as they stay in their position, the country's economy will never experience current progress, but will be even more drown into debt.

TEBTC

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Money is hard only to the person that doesn't know what to do to make money or is not aware of the current trend in terms of knowing the right industry to invest into because the fact is that money is really hard but if you get to some industries or sectors that is when you will know that money is now hard to get but actually easy
One way you will know an industry that is money spinning is the potentials that industry holds and what is the probability of the industry growing over time these are actually One of the reasons that personal I advise people to go into the cryptocurrency sector because it's one industry that has a lot of potentials and growth rates over time especially Bitcoin which has become popular and a household name and is projected to hit a all time high this year

RockBell

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Quote from: Dr.Bitcoin_Strange on January 04, 2025, 08:01:03 AM

The financial service sector are still making money, the crypto market is still making money, the food industry ( agriculture & food production ) are making money, the entertainment industry, the telecommunication industry, etc. Money is usually in a steady circulation from one hand to another. So, if you are wondering which industry are still making money, those I mentioned are making money.

A lot of industries are making money and they are really working very hard for them to be able to accomplish what ever money they are getting, and if you look at the crypto industry they are making good money and it is not leaving anyone out, because everyone is carried along that is exactly what makes it intresting because everyone is benefiting from it and that is why it keeps growing because the sector makes sure it's carrying everyone along and the agricultural sector is like one of the biggest sectors because food is always on a high demand and that is why it keeps getting bigger.

The bigger should be food because it is something that people can not do without and that is why a lot of people are seriously thinking about investing in it, but starting it is very expensive, but starting on a small scale is also not a bad idea. Things people can not do without is what brings more money.

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

Economy is bad for average Joe, who has no skills and works in warehouse or Burger Kings or somewhere in a similar place where you don't need a skill and are easily changeable. Economy is also bad for juniors in any field but economy is doing fantastically well for skilled workers, especially for those with trades skill. Believe me, if you got a high degree, masters or PhD, life isn't fantastic if you don't have good working experience and good connections but I find that around me, people who do trades, have a very high pay rate and low workload. The reality might be different everywhere but that's what I see. I'm also sometimes in Ireland and in Ireland, trades people are earning fantastically high salaries, especially plumbers.

ndutndut

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Quote from: Dr.Bitcoin_Strange on January 04, 2025, 08:01:03 AM

The financial service sector are still making money, the crypto market is still making money, the food industry ( agriculture & food production ) are making money, the entertainment industry, the telecommunication industry, etc. Money is usually in a steady circulation from one hand to another. So, if you are wondering which industry are still making money, those I mentioned are making money.

Yes, that's right. The industries you mentioned above are the most stable industries in times of economic downturn, some even remain profitable because all of the ones you mentioned are very important industries and needed by everyone in any condition, especially when the economy is down.

However, I would like to add one more that you might have missed, which is the healthcare industry. This industry is also an industry that remains stable in difficult times, even the healthcare industry will continue to grow and continue to grow amidst the sluggishness of other industries. On the other hand, it is not only companies in the pharmaceutical sector that are growing, digital healthcare services are also increasing for the convenience of everyone in conducting online health consultations and buying medicine without having to go to a practice or hospital.

Antotena

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

When they say economy is bad, it doesn't really mean the economic activities is not progressing, it's just that there is one part of the economy that is not balanced or not well maintain. For instance, a country can be said to be doing well but literally it's not if the importation is bigger than their exportation which is going to weak their currency further and such will only reducing the purchasing power of their currency and they will be reporting that the economy is doing well. In real situations, no economy is 100% okay.

In evevry economy situation, there are other places where money is flowing into, you can see how money is flowing to crypto despiteang times it was reported that economy is bad. People are still investing and making money. There is big money flowing into techs, look at how AI are revolving and money that are been made from AI, the money is getting bigger and bigger. Cocoa is another place where money flow into last year despite the major global set back.

Wexnident

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

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Tech and finance are usually industries where MONEY will not go away. At the very least those at the top-ish part of the industry will always be making money. If you're in the tech industry you know most low-mid level jobs just got laid off the past year so yeah, top gets rich while the below gets kicked.

Other than those two I guess health? In general, anything related to research is probably something that wouldn't necessarily make a lot of money, but a constant supply would probably still be observed. But again, specialized stuff so you'd probably need years of experience to even get into it.

WillyAp

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To all advising that finance is the way to go:

about 12 Years of studies to get an entry. Just look at the postings of job offers.

mamesso

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad,

Maybe what they are talking about is the economy in their country which is currently in decline, this is very reasonable in my opinion because they feel the direct impact of the economic downturn in their country.

Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

Which industries are still making money?

Just try the Bitcoin industry, you have the opportunity to make money because the price is purely determined by supply and demand. But you need to consider everything because making money from the Bitcoin industry is not as easy as imagined.

CageMabok

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

All the money will always end up with smart people who are already extraordinary enough to bring money to them through the way they do business. And if you are still curious about this so you have to ask like this, try to look at some of the big companies that are still producing until now because they can still make money with their own products so they continue to operate non-stop. You can also look at companies like Tesla, Aramco and many others to be able to confirm this because they cannot operate without input such as money.

Dr.Bitcoin_Strange

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The financial service sector are still making money, the crypto market is still making money, the food industry ( agriculture & food production ) are making money, the entertainment industry, the telecommunication industry, etc. Money is usually in a steady circulation from one hand to another. So, if you are wondering which industry are still making money, those I mentioned are making money.

Mame89

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Quote from: UTON Blockchain on January 03, 2025, 05:06:39 AM

They say the economy is bad, but where's all the money going? Which industries are still making money?

The most profitable industry is of course Food and Beverage. This industry will continue to profit even when the economy is not good, because this industry is a necessity for many people to survive in any situation and many people become billionaires because they focus on this industry.

So it can be said that the food and beverage industry is one of the industries that produces the most billionaires because of its resilience, global reach, and essential nature. Even though the world economy is not doing well, such as inflation, perhaps closest to when all countries are experiencing a pandemic that causes many businesses to close, companies in the food and beverage industry continue to grow. So it's no wonder that the food and beverage industry is always a priority in making money. Because I gave an example of a pandemic, another industry that makes money is of course the health industry.

Topic: Which industry is making money? (Read 341 times)