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Author Topic: How do you use your crypto profits?  (Read 11279 times)

Online MrSpasybo

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How do you use your crypto profits?
« on: April 24, 2021, 10:04:18 PM »
I have been in the crypto market since 2017, but there are no assets worth more than a few thousand USD in ERC-20 wallet ^^

However, many of my friends, including holders + traders + advisors + bounty managers, have become millionaires. I really admire them, especially when they use the profits from the crypto market to take care of their families, sponsor schools or disseminate crypto knowledge to the community.
It can be seen that crypto can really change the lives of many people.

Here is an interesting image from Vietnam: a house built with the symbol of the Binance exchange. The information is not really clear, but perhaps the owner is a crypto fan and has made a lot of money, enough to build a house, from Binance exchange ^^


Have you ever encountered something similar in your own country? Do you think you will be able to build a home from profits in crypto market?
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How do you use your crypto profits?
« on: April 24, 2021, 10:04:18 PM »

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Offline Evgenklm

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Re: How do you use your crypto profits?
« Reply #1 on: April 24, 2021, 10:21:36 PM »
I most often reinvest all the profits from trading or continue to trade, to some extent this is not quite right, but this is my personal method and I can't do anything about it, I would like to build a house on the resulting profit.
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Re: How do you use your crypto profits?
« Reply #2 on: April 24, 2021, 10:42:32 PM »
Well, I've never comes across anyone building a house with any sign or logo that relates to a crypto company or sort, but I do know many who have become stinky rich from crypto currency investing and trading, investing most especially, I have a guy called bitcoin chief in my country, it is said that he made 100s of millions from bitcoin, according to sources, he invested in bitcoin very early, sold at the highs and today, hes a very wealthy young man, I myself, am still working hard and waiting for such a big break, hoping that one day, I will make good money from this space, build my houses, buy cars, take care of families, help the poor, do many great things with my crypto money.
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Re: How do you use your crypto profits?
« Reply #3 on: April 25, 2021, 08:26:25 AM »
Crypto profits had really help me alot I used it to pay for goods ie using it to buy stuffs relevant for myself and family upkeeps if the need arises and I also used it to pay for services, I also wish to use the profits from cryptocurrencies proceeds to build a house someday and congratulations to those who had reap bountiful from the profits gained from cryptocurrencies.

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Re: How do you use your crypto profits?
« Reply #4 on: April 25, 2021, 12:23:49 PM »
I invest part of the crypto profit and some of the crypto profit I use to meet the needs of myself and my family. So far, crypto profits have really helped my needs. Someday I also want to build a house from cryptocurrency profits.
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Re: How do you use your crypto profits?
« Reply #5 on: April 25, 2021, 01:27:00 PM »
I just started investing crypto currency last year on BTC and XRP and so far I haven't tried to cash out my earnings, for now I am investing it with other altcoins and hopefully it will grow  ;D
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Re: How do you use your crypto profits?
« Reply #6 on: April 25, 2021, 03:55:01 PM »
I've been with it since 2017, but I've never taken a profit. My portfolio is in the six figures, but I don't need this money to live. It is planned for other things to retire earlier and to be able to live somewhere else, I am not a tree. I often sell my previous investments, but they are reinvested immediately. As long as I can live normally on my salary, there is no reason to sell the saved up. If the tax situation changes, I will also draw my conclusions.

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Re: How do you use your crypto profits?
« Reply #6 on: April 25, 2021, 03:55:01 PM »


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Re: How do you use your crypto profits?
« Reply #7 on: April 25, 2021, 04:09:22 PM »
What I would never do with the benefits I get from cryptocurrencies is build a house with the Binance logo on it, which would allow many people and my country's Ministry of Finance to know that I have money, I would build a house with the Bitconnect or Mt.Gox logo to fool them ;D. Joking aside, I save the benefits I make from cryptocurrencies for when I grow up, so that I can lead a life free from financial shocks and so that my family is financially cared for.
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Re: How do you use your crypto profits?
« Reply #8 on: April 25, 2021, 04:14:41 PM »
I mostly spend money from cryptocurrency on my life, since my main job does not bring me much money I have to withdraw money from crypto to live a good life

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Re: How do you use your crypto profits?
« Reply #9 on: April 25, 2021, 04:14:59 PM »
What I would never do with the benefits I get from cryptocurrencies is build a house with the Binance logo on it, which would allow many people and my country's Ministry of Finance to know that I have money, I would build a house with the Bitconnect or Mt.Gox logo to fool them ;D. Joking aside, I save the benefits I make from cryptocurrencies for when I grow up, so that I can lead a life free from financial shocks and so that my family is financially cared for.

Are you still growing?   ;)
House with the Bit connect logo would be the burner   ;D

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Re: How do you use your crypto profits?
« Reply #10 on: April 25, 2021, 04:29:49 PM »
Are you still growing?   ;)
House with the Bit connect logo would be the burner   ;D

Yes @Ferki I keep growing. I have the mentality of a boy who yearns to learn everything within the body of a big man ;). A house with the Bitconnect logo would make people stand at the door and scream... HEY HEY HEY Bitconnectttttttttt, it would be fun, but surely everyone who was scammed would want to hit me ???.

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Offline joe99

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Re: How do you use your crypto profits?
« Reply #11 on: April 25, 2021, 05:00:26 PM »
I invest part of the crypto profit and some of the crypto profit I use to meet the needs of myself and my family. So far, crypto profits have really helped my needs. Someday I also want to build a house from cryptocurrency profits.

Well, I see many people already got profit from investing in crypto currency, I think It is a good point and we could spend the profit to fulfill your needs. I have gotten alot from crypto. I hope other members too.

Offline robert20

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Re: How do you use your crypto profits?
« Reply #12 on: April 25, 2021, 06:29:53 PM »
I am a very small investor only joined some bounty and airdrops and got some token but now  most of my portfolio is stuck at ETH for high transaction fee and the prices are also dropping a lot which is making my portfolio smaller day by day. Just sitting and waiting until ETH 2.0 comes.
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Offline Oemar bakrie

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Re: How do you use your crypto profits?
« Reply #13 on: April 25, 2021, 06:34:44 PM »
one way to take advantage of the results of crypto by storing assets and using it to make the family happy in the form of finance, and I also don't forget that I can pay for children's school fees and also make the family's economy easier
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Offline Confero

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Re: How do you use your crypto profits?
« Reply #14 on: April 25, 2021, 07:12:47 PM »


This is a cool thing, I'm sure the people who built this house have benefited a lot from the Binance exchange.  I became inspired by this photo, maybe in the future if I get a lot of money from Cryptocurrency and buy something (a car for example) then I will put a Bitcoin logo sticker

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
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