Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Doovla on March 22, 2024, 01:25:24 PM
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
$10 is a very small amount, you can't expect anything significant from there, except maybe to learn a little about everything. Valid offers range up to 10% per year, (on your $10, the expected earnings are about $1 in a year) and everything you see beyond that is mostly a scam.
Stay away from any cloud mining and similar schemes, because you will just run out of money.
The place where you can make the biggest profit is to buy an altcoin with potential, and if you're lucky, you can come out with 40x profit.
Binance has some staking options, you can think about them, but again you have a very small amount available for that.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
If you want a higher reward, then go trading because it's uses leverage so that in every small percentage increase of price of coin makes a lot of profit. But you have to consider the risk in it.
If you want a lower risk in crypto, then go holding some coins. But thus legit coins and has a huge market cap just like Solana, Bitcoin, or Eth. Investing or holding in these coins will assure you a safety of your funds and a guarantee that you will make a profit soon.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
If you want to earn small capital but have the potential to be x30 and up, it is good to choose cryptos that are under DEPIN or meme coins under SOL. The top altcoins are the last and least likely to be listed in the market.
Those are just some of the things that you can do to make a profit in any way. You can also study first or delve into trading first, then do an activity there when you have knowledge about that too.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
Know this, there's no any fix rate on investment when it comes to cryptocurrencies, we earn base on the way the market appears and you can choose to either invest by holding your crypto asset in your wallet or you go into trade to earn, but know that there's no fix income rate on a daily basis, you can get more than $10 and below, advertise for some crypto organizations or market for them and get paid.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
The main rule in order for you to gain huge money in crypto is that. "You must have huge amounts of money as well".
What do you expect OP? You invest 10$ and you will gain 20$ in a single day? Or a week? It will not happen in crypto. If you want to gain huge profits over time, you need to have lots of money, and of course knowledge as well because lots of money isn't enough if you don't know what you're doing and you might just lose it.
What's with investing only 10$ OP? I mean we are in a bull run in a few months. Why not take the opportunity to just buy Bitcoin, or other altcoins and hold it for a few months. Maximize the event. For sure, you will at least double your money during the bull run by just buying and holding a top coin.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
Buy a few seeds and put them in ground to grow some food for your family ;D
10 dollars is worth nothing today and you cant do anything of what you wrote with cryptocurrencies, so dont waste time with fake mining or staking.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
You can't do staking and mining with $10 AFAIK, I don't do staking but I have spent a good timing writing about them so I do have some idea that most of the platforms have a minium amount limit that you have to fulfill in order to do staking. Plus staking is not a sure way of making money, especially from your $10 ( I'm not trying to demotivate you by saying $10, just stating the fact, I hope you won't mind me).
And talking about mining, You can't do virtual mining with that so doing physical mining is no a question, but there are other ways to earn money using your $10, like you can do trading with it, I know you need a good coin that can make you some good gains, as little gains (%) can't give your more profit. I suggest you to get some more funds, but another suggestion you might get is take leverage on your $10 and make it more, I will say don't do that you will lose the funds you have and saving money in crypto also comes under the category of earning money ( 8) )
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You have mentioned three things here and the fund you have is $10, which is too low to invest in anything. If you want to mine crypto, you have to buy a mining rig, which will cost you thousands of dollars. If you want to earn by staking, you won't get a single penny after staking it for a year. If you want to trade with that, you will probably have to pay more than $10 in fees only. So, $10 is nothing for an investment. I would suggest you to gather up a good amount of money and then decide what you want to do. All you should do is, start earning money in a different way.
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With a as little as $10 as your seed capital, I am in agreement that the amount is really too small if you are planning to do some staking, mining and even trading. Now, if you are not thinking of getting more money to augment your arsenal of weapons then maybe you need a lot of luck. There is only one I think you can increase a thousand fold your $10 money and that is to be lucky to get into a meme coin (which is on the rage right now) that will hit and jackpot and can make x1000 so your money will be $10,000 and then buy one of the coins in the top 20 on CMC then hodl for a long time maybe waiting for another halving after 2024.
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With that amount, I would start browsing twitter and other social media groups about the latest hype on some new/upcoming tokens. It's usually the memes that stands out as mentioned already but there could be others from AI too. Be prepared to lose multiple $10 because investing in them are similar to lotteries. The good thing is that you only need one of them to pump.
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Honestly speaking if you are planning to make huge amount of money using $10 , just no that you are asking for more risk, and such amount won't earn you anything big just like that. And you know the smaller the money the more greedier we get .for example let me use trading , using amount as small as $10 you won't be able to make anything big expecially when You're spot trading ( minimising the risk), such individual with such mindset in making huge amount of money using small amount would not think twice running to future trading ( which more risky because one money can get liquidated). And I by doing so you may endup losing the $10 than even gaining anything at all.
So just as the others have said that amount won't be enough for you to start mining, and staking such amount won't bring any good return (because the bigger your money staked the bigger your return). So I will say you don't have to be in rush in this space try be persistent, and take things step by step. Now you don't have enough funds focus more on minimising losses than thinking of earning big .
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
Buy a few seeds and put them in ground to grow some food for your family ;D
10 dollars is worth nothing today and you cant do anything of what you wrote with cryptocurrencies, so dont waste time with fake mining or staking.
Lol... actually there are things that one can do to earn in the crypto space, but 10$ is not enough to start up something if you really want profit.
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Op, you already have read what others have said, especially the first comment, with which I agree with him. $10 is a small amount of capital to expect any significant profit from. Even if you stake that amount on any asset (CEX or DEX), you will definitely not get any significant profit. If you actually have interest to fully start off your crypto journey, you don't have to be in a rush for quick profit because that can cause you to land in the hole of scammers who can deceive you to believe that when you invest $10, you can earn 1000x of profit in just a short period of time. I will advise you to gradually begin to accumulate Bitcoin on a DCA strategy, and before the year runs out, you might have accumulated a huge amount of Bitcoin, which will be able to generate a better profit for you.
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$10 is a very small amount of money, be it for staking, trading or even investment. You should also avoid platforms that promise you huge returns, because unrealistic promises means it is probably a scam. I recommend that you keep your $10 until you have some more and start buying BTC through dca.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
I know one thing, but it is not recommended especially for newbies.
$10 is a small amount of money, you can only make it possible to multiply it if you are an experienced and skilled trader by doing futures trading. If you're not, you will only lose that small amount of money in just a short period of time.
I know a lot of people are making thousands or even millions in Solana. They are using the Solana network to invest in shitcoins. I don't do this, but I know some people who do this. I'm not actually recommending this as I can see the way they invest on shitcoins is the same as they just gamble, they are having hoped to multiply their money. There's no guarantee on this, you can also lose your money by this method.
That's why, I recommend you keep that $10, learn more things, and don't think of a way to multiply your money even if you use a small amount of money.
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I know a lot of people are making thousands or even millions in Solana. They are using the Solana network to invest in shitcoins. I don't do this, but I know some people who do this. I'm not actually recommending this as I can see the way they invest on shitcoins is the same as they just gamble, they are having hoped to multiply their money. There's no guarantee on this, you can also lose your money by this method.
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It has been said by many people investing in shitcoin there will be no guarantees, this has become a common warning.
But see more people starting to put their money on memecoin and even now the presale only needs to send SOLANA tokens to the embedded address.
It looks very easy, but it is indeed risky, but with $10 it is already a fairly minimal investment.
It never hurts to try, but with complete control and don't use all the money.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
$10 is a very small amount, you can't expect anything significant from there, except maybe to learn a little about everything. Valid offers range up to 10% per year, (on your $10, the expected earnings are about $1 in a year) and everything you see beyond that is mostly a scam.
Stay away from any cloud mining and similar schemes, because you will just run out of money.
What @examplens said is correct. That may dampen expectations a bit, but that's the fact. In fact, even when we have 1BNB, when we stake & earn, the results are also very small, not really worth it over a fairly long period of time. Not to underestimate, but if it's $10, it looks like you have to be more patient and not have too high expectations just yet.
There are still many processes that you have to go through. You are not alone, there are still many people who started from even $0, but because of their persistence, they were able to earn more. Starting from participating in various free programs and trading. Take a look, currently there are several signature campaigns on this forum and you can join them if you have reached a certain rank. Try to make the best post possible so that you have the opportunity to join in it. It's not something that is impossible as long as you are willing to try seriously.
Well, related to trading. You also have to understand that trading is a very high risk thing. without good knowledge, the risks will be even higher. So you have to make sure that you have sufficient supplies for trading. So you can reap profits little by little. Just be patient, don't expect big profits instantly.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
imagine you are capitalizing 10$ but you are aiming for big percentage? nothing can assure that because youmust risk to make good income.
why have i said this ?because for you to gain that big percent then you must invest in altcoins that is totally risky but yeah profitable , also try to invest in shitcoins mate that will give you generous return (but super risky of course)
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
With capital of only $10 I think what you will do in cryptocurrency is very limited, Stake and Earn will never get big profits, while mining of course the capital you use is very large, therefore collect all the assets you have from the results. hunt for prizes and after that you can stake on the Binance exchange.
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I know a lot of people are making thousands or even millions in Solana. They are using the Solana network to invest in shitcoins. I don't do this, but I know some people who do this. I'm not actually recommending this as I can see the way they invest on shitcoins is the same as they just gamble, they are having hoped to multiply their money. There's no guarantee on this, you can also lose your money by this method.
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It has been said by many people investing in shitcoin there will be no guarantees, this has become a common warning.
But see more people starting to put their money on memecoin and even now the presale only needs to send SOLANA tokens to the embedded address.
It looks very easy, but it is indeed risky, but with $10 it is already a fairly minimal investment.
It never hurts to try, but with complete control and don't use all the money.
That's another problem, $10 is just a minimal amount of investment. Maybe it is not enough to start as an investment even in shitcoin. I have been reading some conversations of my friends and as far as I remember, the minimum investment for some memecoins is 0.1 SOL or sometimes 1 SOL. The $10 is only 0.05 SOL which doesn't even get you to a minimum amount.
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With such small amount, the withdraw fee alone probably will "eat" most of coin you bought. But if you can trust centralized exchange, you can buy and stake coin you bought on that exchange.
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I've been looking at some airdrops these days, and I noticed that many of them require a small investment as a condition to be eligible for a particular airdrop.
This is not financial advice, but only a suggestion, and if you recognize a real airdrop, you might make some significant profit with that $10.
I will follow up on all the previous comments, $10 is a very small amount for anything other than experimenting and learning.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
For doing staking or doing mining 10$ is a very small amount. It is true that you can do staking from this amount but the profit amount will be that much what can't make you happy. Doing doing staking you have to have more than 1k dollar and if we talk about mining then mining is not profitable in these day. And if you have lots of fund then you can buy a asic miner for mining the Start your earning.
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That's another problem, $10 is just a minimal amount of investment. Maybe it is not enough to start as an investment even in shitcoin. I have been reading some conversations of my friends and as far as I remember, the minimum investment for some memecoins is 0.1 SOL or sometimes 1 SOL. The $10 is only 0.05 SOL which doesn't even get you to a minimum amount.
there are also some presales that receive 0.001 SOL or below and this will only count as an Airdrop,
but of course there will be no clarity on how many tokens will be obtained.
Raising the funds first until they reach $100 would be better.
With such small amount, the withdrawal fee alone probably will "eat" most of the coin you bought. But if you can trust centralized exchange, you can buy and stake coin you bought on that exchange.
The withdrawal fee depends on which chain the coin is on, if only on the SOLANA chain, it is very cheap, even under $1.
But if it is on the ETH chain, it will certainly be more expensive and centralized exchanges also provide the same standard fees.
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With such small amount, the withdrawal fee alone probably will "eat" most of the coin you bought. But if you can trust centralized exchange, you can buy and stake coin you bought on that exchange.
The withdrawal fee depends on which chain the coin is on, if only on the SOLANA chain, it is very cheap, even under $1.
But if it is on the ETH chain, it will certainly be more expensive and centralized exchanges also provide the same standard fees.
You're right, although it also depends on withdraw fee set by the exchange. For example, Binance set 0.012 SOL as withdraw fee[1] which is equal about $2.3 at time of writing this post.
[1] https://www.binance.com/en/fee/cryptoFee (https://www.binance.com/en/fee/cryptoFee)
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That's another problem, $10 is just a minimal amount of investment. Maybe it is not enough to start as an investment even in shitcoin. I have been reading some conversations of my friends and as far as I remember, the minimum investment for some memecoins is 0.1 SOL or sometimes 1 SOL. The $10 is only 0.05 SOL which doesn't even get you to a minimum amount.
there are also some presales that receive 0.001 SOL or below and this will only count as an Airdrop,
but of course there will be no clarity on how many tokens will be obtained.
Raising the funds first until they reach $100 would be better.
I'm not really sure about the exact minimum amount, but thanks, I at least know that there's a lesser minimum amount to join on investing in shitcoins. Though, I still don't recommend investing in this as I consider it the same as gambling. Shitcoins are memecoins, they don't have any utilities. They are just a pump-and-dump scenario where a lot of newbies will only become a victim and lose their money in the end.
I even heard that some of them have a group channel, a community where they receive an update on where they will invest next. This is risky because they will only become the ones who will purchase at the peak of the memecoin while those who give signal are already selling their holdings.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
If this is for staking, earning, or mining, not to belittle it, but $10 is quite small. You can indeed stake with this nominal amount. However, if you calculate the rewards, even around 6 months, the results will be very small. Really it will be very small, and certainly far from expectations, it is not worth it to do staking or all three things with that nominal amount.
So, with that nominal value, actually, the best thing you can do to optimize profits is trading. This alone would be quite risky, right? but it can be learned, as long as you don't rush to get money instantly. Make sure you first understand trading as best you can. So, you can optimize your profits, thereby accumulating your nominal funds.
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If you want to do trading you will definitely need a lot of money but if you want to hunt the bounty you can do it for free and you can easily earn money by doing it for free. If you are looking to make money outside of bounty hunting or trading, I suggest you invest for the long term if you want. To invest for long term you must have some capital. You probably talked about $10 worth of capital. 10 dollars is very little to invest but if you maintain your investment consistency after investing 10 dollars and continue to invest 10 dollars regularly then at some point you will get a big financial profit from your investment. In this case I would suggest you to invest by following DCA method.
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but if you want to hunt the bounty you can do it for free and you can easily earn money by doing it for free.
I don't think bounty hunting is free, you put time into it, and as far as i am concerned time is very important and expensive too. In addition to that, many bounty campaigns do not pay people who participate in their bounty campaign and they end up wasting their time on it, there is high risk of wasting your time if you promote projects through bounty campaigns.
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but if you want to hunt the bounty you can do it for free and you can easily earn money by doing it for free.
I don't think bounty hunting is free, you put time into it, and as far as i am concerned time is very important and expensive too. In addition to that, many bounty campaigns do not pay people who participate in their bounty campaign and they end up wasting their time on it, there is high risk of wasting your time if you promote projects through bounty campaigns.
At first, I thought @Litzki1990 was referring to "bugs bounty" When she used the word "bounty" I never knew it was an altcoins bounty campaign.
I personally wouldn't advise anyone to go into a bounty campaign since there's a high probability of being robbed of your precious time without getting any payments and sometimes you get paid with tokens that never get listed - the best would be to learn to trade ( although, it's going to cost him a lot of money before he can finally be good at it) and use signature as a side hustle.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
As others have said $10 is meaningless especially if you use the ETH network it won't be enough to pay for the network, although I know there are options where the network is easier but there is no point with $10.
The more capital you spend the higher the return but the risk of loss will be quite large, so it's better how you increase the capital in other ways even for now $100 is sometimes not enough.
People think $1000 will be enough.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
As others have said $10 is meaningless especially if you use the ETH network it won't be enough to pay for the network, although I know there are options where the network is easier but there is no point with $10.
The more capital you spend the higher the return but the risk of loss will be quite large, so it's better how you increase the capital in other ways even for now $100 is sometimes not enough.
People think $1000 will be enough.
$1000 may still not enough actually, they are not making it easy for anyone to make money unless you are patient enough to wait for the bull market. staking altcoins with $1k will most probably just let you earn $1 a week. that amount is not enough for someone living in a city where inflation made the prices more than 50%. you are lucky already if you live in SA where $1 is enough to buy you 3 meals a day. staking and mining requires huge investment still.
bounty campaigns sometimes doesn't pay too. so sometimes you are just wasting time doing it. you get lucky sometimes when the project is genuine.
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Mining requires few hundred thousands dollars.
Staking requires atleast 1000 dollars.
With $10 better not to do anything at all, cause depositing that $10 to buy ETH on exchange then withdrawing itself will take 75% or even 100%.
You can try bounty hunting further to accumulate your capital to do your next big thing.
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Have been decide to do next move besides trading and bounty hunting so my question is where could be possible be the best way to gain big percentage profits with 10$ in crypto space?
As others have said $10 is meaningless especially if you use the ETH network it won't be enough to pay for the network, although I know there are options where the network is easier but there is no point with $10.
The more capital you spend the higher the return but the risk of loss will be quite large, so it's better how you increase the capital in other ways even for now $100 is sometimes not enough.
People think $1000 will be enough.
$1000 may still not enough actually, they are not making it easy for anyone to make money unless you are patient enough to wait for the bull market. staking altcoins with $1k will most probably just let you earn $1 a week. that amount is not enough for someone living in a city where inflation made the prices more than 50%. you are lucky already if you live in SA where $1 is enough to buy you 3 meals a day. staking and mining requires huge investment still.
bounty campaigns sometimes doesn't pay too. so sometimes you are just wasting time doing it. you get lucky sometimes when the project is genuine.
I'm just referring to staking a new project with the expectation of token rewards at the end because the OP said bounty hunting.
If you say $1000 will only earn $1 a week then that's APY income so it's obviously small if you only rely on the profit from APY let alone that per year is relatively small if it's in ETH.
That's the risk of bounty/airdrop hunting sometimes it works and sometimes it doesn't, but I see where when many people bet on Ethena it gets a decent reward even though it depends on how much capital is spent.
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If you say $1000 will only earn $1 a week then that's APY income so it's obviously small if you only rely on the profit from APY let alone that per year is relatively small if it's in ETH.
This is quite realistic. $1 per week is $52 per year, which is about 5.2% APY (on a $1000 investment). In some cases, up to 8% or a max of 10% can be found, anything over is high risk and quite unrealistic.
30% or more (annually) mostly leads to fraud. I hope it is pointless to talk about such percentages on a daily basis as a serious option.
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Everything depends on our own proficiency, if we discover the area of interest and what we actually want to go for, we will make decision for it, as for me, staking is not a good idea, i can choose either ways to earn bitcoin by trading or holding down my investment, that aspect of mining may be a little technically demanding because of the requirements needed to set a mining rig, but some could really go for that base on their affordability.
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If you say $1000 will only earn $1 a week then that's APY income so it's obviously small if you only rely on the profit from APY let alone that per year is relatively small if it's in ETH.
This is quite realistic. $1 per week is $52 per year, which is about 5.2% APY (on a $1000 investment). In some cases, up to 8% or a max of 10% can be found, anything over is high risk and quite unrealistic.
30% or more (annually) mostly leads to fraud. I hope it is pointless to talk about such percentages on a daily basis as a serious option.
This choice would be better than to let your money sit in the bank. Bank most likely earn at least 1-2% per annum or even lower depending on the country you reside. This may not be big enough but a good investment progress as it is still gaining profit.
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If you say $1000 will only earn $1 a week then that's APY income so it's obviously small if you only rely on the profit from APY let alone that per year is relatively small if it's in ETH.
This is quite realistic. $1 per week is $52 per year, which is about 5.2% APY (on a $1000 investment). In some cases, up to 8% or a max of 10% can be found, anything over is high risk and quite unrealistic.
30% or more (annually) mostly leads to fraud. I hope it is pointless to talk about such percentages on a daily basis as a serious option.
Yeah it's still realistic and most APYs are small with the order on offer, but anything more than that and it's a risky coin.
30% per year is common for new coins that are just listed on some exchanges they offer high APY, but I can't say it's a scam but more of a risk to the coin price that will continue to fall so with 30% APY it's meaningless.
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If you say $1000 will only earn $1 a week then that's APY income so it's obviously small if you only rely on the profit from APY let alone that per year is relatively small if it's in ETH.
This is quite realistic. $1 per week is $52 per year, which is about 5.2% APY (on a $1000 investment). In some cases, up to 8% or a max of 10% can be found, anything over is high risk and quite unrealistic.
30% or more (annually) mostly leads to fraud. I hope it is pointless to talk about such percentages on a daily basis as a serious option.
Yeah it's still realistic and most APYs are small with the order on offer, but anything more than that and it's a risky coin.
30% per year is common for new coins that are just listed on some exchanges they offer high APY, but I can't say it's a scam but more of a risk to the coin price that will continue to fall so with 30% APY it's meaningless.
I couldn't agree more with you, allowing you money to lay around in your in your bank account might actually look safe and very easy but if you're looking forward to grow your wealth, that's just the worst idea you could ever think of putting into consideration.
Asides the very low interest rate you're simply just putting your money in harms way because inflation can easily hit your money and your intentions of growing your wealth would be defeated.
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This choice would be better than to let your money sit in the bank. Bank most likely earn at least 1-2% per annum or even lower depending on the country you reside. This may not be big enough but a good investment progress as it is still gaining profit.
The matter is much more complex than it sounds in our discussion. Some good opportunities and big profits are offered everywhere, but the risks are often hidden. Investing and cryptocurrencies are not for everyone.
Just today I came across this news (on another forum) from Turkey, but translation is quite ok https://www.sozcu.com.tr/doktordan-poligonda-kripto-para-intihari-p39499
A doctor, who was buried amid the tears of his loved ones, committed suicide as a result of depression due to a loss in the cryptocurrency exchange, which suddenly crashed after Iran decided to attack Israel.
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i can choose either ways to earn bitcoin by trading or holding down my investment,
Most people in the network are either traders or speculators. Trading is harder to do and more risky, especially for newbies, so it is recommended that they do not trade, and stake too, when you stake coins in custodial services, you lose control over it, and you may never get it back.
It is safer for newbies to buy BTC and store it, what they simply need is patience and knowledge, and they will be able to make returns.
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This choice would be better than to let your money sit in the bank. Bank most likely earn at least 1-2% per annum or even lower depending on the country you reside. This may not be big enough but a good investment progress as it is still gaining profit.
The matter is much more complex than it sounds in our discussion. Some good opportunities and big profits are offered everywhere, but the risks are often hidden. Investing and cryptocurrencies are not for everyone.
Just today I came across this news (on another forum) from Turkey, but translation is quite ok https://www.sozcu.com.tr/doktordan-poligonda-kripto-para-intihari-p39499
A doctor, who was buried amid the tears of his loved ones, committed suicide as a result of depression due to a loss in the cryptocurrency exchange, which suddenly crashed after Iran decided to attack Israel.
If you have a long-term plan or have a vision of your planned investment, this is a good opportunity that will help you to diversify your investments.
Regarding the link, I feel sad whenever I see articles regarding an investor who got depressed and decided to end their life due to losses. It is indeed that investing in cryptocurrency is not for everyone especially if you are the kind of investor who would decide to risk all you have and suddenly lose it. It's hard to think any more of what you will do next or where you can start after losing what you work hard for.
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Buy a coin then hold it... increase the amount over time if you have another $10 in the future... study its movements and the growth of your assets, then you will be able to make wise decisions someday with your other money.
If you are thinking about staking with $10, it is no different from just holding... the profit percentage might be below 10% in 3 months or maybe 1 year... spending that long on $1 is certainly not wise. But pay attention to the % growth over that time... you also need experience to use your bigger money later for staking.
If you are thinking about mining by buying hashrate on a mining website... don't do it, because 80% of the websites that offer cloud mining have a high potential for fraud.
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Speaking of staking profit, I was in the signature campaign of blackjack.fun casino. As the withdrawal fee was quite high, I decided to wait for calmer days on the network.
In the meantime, I put all the coins in the stake. I currently have about 0.005 BTC in stake, and every hour I get 0.0000001 (10 satoshi's).
Yearly 15% and there is no minimum investment.
It doesn't look bad, the problem remains with the high withdrawal fee, which will probably take all the profit from this investment
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Speaking of staking profit, I was in the signature campaign of blackjack.fun casino. As the withdrawal fee was quite high, I decided to wait for calmer days on the network.
In the meantime, I put all the coins in the stake. I currently have about 0.005 BTC in stake, and every hour I get 0.0000001 (10 satoshi's).
Yearly 15% and there is no minimum investment.
It doesn't look bad, the problem remains with the high withdrawal fee, which will probably take all the profit from this investment
It does not look bad because it is the earned money from your signature campaign and the platform has a presence in Bitcointalk. So, they have a low chance of running away with your money. 15% yearly is not bad, to be honest. There are a lot of exchanges that offer less than that for example Binance and Kucoin.
Even though it is possible to make money by staking, I don't recommend anyone doing it unless you are doing it with a wallet that is in your control. I recently saw some wallets that give you a private key that can be imported into another wallet and yet you can stake your crypto to make some money. Of course it's not Bitcoin.
I have been doing some airdrops lately and noticed how people making a lot of money from bybit's launchpad. Users staking a lot of USDT to get airdrop. I know it's not too risky, but I don't prefer staking :-[
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Speaking of staking profit, I was in the signature campaign of blackjack.fun casino. As the withdrawal fee was quite high, I decided to wait for calmer days on the network.
In the meantime, I put all the coins in the stake. I currently have about 0.005 BTC in stake, and every hour I get 0.0000001 (10 satoshi's).
Yearly 15% and there is no minimum investment.
It doesn't look bad, the problem remains with the high withdrawal fee, which will probably take all the profit from this investment
15% ROI isn't bad at all. If it were somewhere above 30 or 40% then I'd have questioned the authenticity of the project, because I really don't trust these projects with relatively high ROIs.
And concern the high withdrawal fees, I believe there should be cheaper time of days or weeks to make withdrawals, could be the reason for the high fees are due to network congestion so maybe timing the times that the network becomes less congested would enable one to withdraw at lesser fees.