Do you rely on Crypto Currencies?

[MUGNIA]

As we all know crypto currency is very popular nowadays.  Many make a Good amount by trading cryptocurrencies.  But as a beginner or veteran member, do you believe in this cryptocurrency?

The question is not what the topic says mate but lets see what comes to this topic and I will leave my stand also.

Relying in cryptocurrency alone ? nope I am not because I have been working for my living and feeding my family instead i have been holding good funds in my folio waiting for the best profit it can give.
veteran or newbie? we must not rely in bitcoin alone lol.

one thing is impossible if crypto holders don't have real jobs, where as we know crypto is not like when it was first released, if it is a bull run season of course we will get good results but that's how much we save to get to the peak of the bull run itself,
and if you only rely on airdrops and bounties, I don't think it's as beautiful as before, because bounty results are no longer guaranteed to produce

[akeemqaz]

I'm a big believer in cryptocurrency. It's not just the transparency, but also how I've been able to make a living from it through trading, getting free coins from airdrops, providing liquidity, participating in testnets, and using Bitget's smart portfolio to profit from altcoins when I'm feeling uneasy about holding them directly. The crypto technology has really helped me out financially.

Many people are financially rocked by participating in airdrops, bounties and also they trade and hold potential coins. I am also one of those people who earn extra income from crypto. This is very enjoyable because with the additional income I can meet my needs.

You have a valid point. Also, Crypto isn't just currency related only but a way of life, a way to make passive income and also to lose money. But so far one isn't greedy there is a good chance of making extra income with it. The features are just amazing.

[emmybd]

Well, I don't rely on crypto. I have got other source of income it's just a side income for me. In fact I believe one shouldn't depend on crypto, one should have other source of income to feed his family. Although crypto has made good progress but it is not yet considered to be a stable coin.

[bayu7adi]

Well, I don't rely on crypto. I have got other source of income it's just a side income for me. In fact I believe one shouldn't depend on crypto, one should have other source of income to feed his family. Although crypto has made good progress but it is not yet considered to be a stable coin.

Agree with you,,,the perfect condition is not to depend on your main income from just one source, that is really risky in the long term. I myself hope that people who don't have permanent jobs take advantage of the crypto space to get other income alternatives. Having at least two or three sources of income is of course safer, and we shouldn't just depend on cryptocurrency alone.

I don't mean to denigrate cryptocurrency, but as a realistic person, I still need another job so that my financial targets can be met immediately.

[Jamal Aezaz]

You have a valid point. Also, Crypto isn't just currency related only but a way of life, a way to make passive income and also to lose money. But so far one isn't greedy there is a good chance of making extra income with it. The features are just amazing.

Crypto has given us an opportunity through which we can earn better but the earning is not always assured because of the volatility it possesses. Those people who hardly fulfil their needs with the help of a single salary are now living a better life because of new opportunities that are offered by crypto.

Certain habits should be minimized or avoided to be profitable in the crypto world and it is important to follow the rules and regulations so you can earn well but if you don't know what to do then you cannot earn a penny.

[JISAN]

As we all know crypto currency is very popular nowadays.  Many make a Good amount by trading cryptocurrencies.  But as a beginner or veteran member, do you believe in this cryptocurrency?

Those involved in crypto-currencies must believe in crypto. And those who don't specialize in cryptocurrencies don't come into the crypto world. Whether one is new or old they must believe in Bitcoin. Many people have profited a lot of money through trading but it is not an easy task for everyone. Trading is very risky, not only trading but the entire crypto world is very risky and most of those who accept this risk and invest time and money in crypto are successful. Getting good from crypto requires only confidence, patience and the ability to take risks.

[$crypto$]

As we all know crypto currency is very popular nowadays.  Many make a Good amount by trading cryptocurrencies.  But as a beginner or veteran member, do you believe in this cryptocurrency?

Those involved in crypto-currencies must believe in crypto. And those who don't specialize in cryptocurrencies don't come into the crypto world. Whether one is new or old they must believe in Bitcoin. Many people have profited a lot of money through trading but it is not an easy task for everyone. Trading is very risky, not only trading but the entire crypto world is very risky and most of those who accept this risk and invest time and money in crypto are successful. Getting good from crypto requires only confidence, patience and the ability to take risks.

When they enter the crypto space and they persist until now, then you can be sure that someone already believes in crypto. There's no other reason I think they're holding out other than because they already believe in this crypto.

If they don't believe in it, then they probably won't get into the crypto space, and when they do try then they probably won't stick around for long, because they have a fear of crypto.

[DAMKAR]

As we all know crypto currency is very popular nowadays.  Many make a Good amount by trading cryptocurrencies.  But as a beginner or veteran member, do you believe in this cryptocurrency?

Those involved in crypto-currencies must believe in crypto. And those who don't specialize in cryptocurrencies don't come into the crypto world. Whether one is new or old they must believe in Bitcoin. Many people have profited a lot of money through trading but it is not an easy task for everyone. Trading is very risky, not only trading but the entire crypto world is very risky and most of those who accept this risk and invest time and money in crypto are successful. Getting good from crypto requires only confidence, patience and the ability to take risks.

When they enter the crypto space and they persist until now, then you can be sure that someone already believes in crypto. There's no other reason I think they're holding out other than because they already believe in this crypto.

If they don't believe in it, then they probably won't get into the crypto space, and when they do try then they probably won't stick around for long, because they have a fear of crypto.

You are right, for those who have been in and invested in crypto for a long time and persisted, they already believe in crypto and are making a profit from their investment. If they no longer believe, they will choose assets other than crypto to invest

[UNIVERSE]

Well, I don't rely on crypto. I have got other source of income it's just a side income for me. In fact I believe one shouldn't depend on crypto, one should have other source of income to feed his family. Although crypto has made good progress but it is not yet considered to be a stable coin.

It is the right way to not rely on crypto because we are difficult to earn money consistently there. Although we do day trading, it is not everyday to earn profits. It is a must that we have a job in real life for steady income. Most people here must also use crypto jobs as their side jobs, it is not for the main job.

Stable coin? I guess you mean stable income, right? 
Sure, it is not easy to get stable income in crypto. Although there is something like signature campaign, we don't know how long it will last in the forum.

[Mr. Magkaisa]

As we all know crypto currency is very popular nowadays.  Many make a Good amount by trading cryptocurrencies.  But as a beginner or veteran member, do you believe in this cryptocurrency?

        -   When I started in the crypto space, I could have answered yes, but now I don't because somehow I still get profit through day trade activity. It was a bit difficult in the beginning, and thankfully my husband was supportive of what I was doing and saw in this field of crypto business. 

It is true what others say: it is not easy to turn this crypto or bitcoin into a source of income because it will really take time, and to be honest, you should really have an understanding of trading.

[Agbe]

The thread was created since December 04, 2020, 07:18:19 AM and that time till now there is a very big different. According to the op there were many cryptocurrency projects as of then but now it as double the number as of then. And if you want to know, people have used bitcoin or other cryptocurrencies to achieve many things. Mostly this recent All Time High of bitcoin was tremendous year for bitcoin because a lot of people who invested in bitcoin make profit and make crypto as income through trading and short term investment.

[Dr.Bitcoin_Strange]

You are right, for those who have been in and invested in crypto for a long time and persisted, they already believe in crypto and are making a profit from their investment. If they no longer believe, they will choose assets other than crypto to invest

It's always important for newbies in the crypto space to learn from the experience of those who have already been there for quite some time. This will help them attain some valuable and helpful information and insights in order to be able to gain a deeper understanding of how the market works in order to avoid making terrible mistakes that'll cost them unimaginable losses.

[dekafee79]

You are right, for those who have been in and invested in crypto for a long time and persisted, they already believe in crypto and are making a profit from their investment. If they no longer believe, they will choose assets other than crypto to invest

It's always important for newbies in the crypto space to learn from the experience of those who have already been there for quite some time. This will help them attain some valuable and helpful information and insights in order to be able to gain a deeper understanding of how the market works in order to avoid making terrible mistakes that'll cost them unimaginable losses.

Yes, for beginners they should also learn from investors who have been in the crypto world for a long time, but are seniors willing to share their experiences, because it is also difficult to find people who are willing to share knowledge about crypto.  Basically they will provide their experience, but for strategy and expertise it seems difficult.