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Author Topic: Do you think crypto rewards are worth the time?  (Read 6008 times)

Offline dekafee79

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Re: Do you think crypto rewards are worth the time?
« Reply #105 on: September 04, 2024, 10:18:22 PM »
Every investor will definitely look for another place so that the money that they have will continue to increase and generate much more profit for them. Thus, investors in Cryptocurrency will also attempt to invest in the different coins available in the market. In short, the investors have unlimited capital, and therefore they can invest their assets in several available coins. Even when the exchange mechanism collapses, they will enter with more local currency coins favorable to assets. Almost all are badly affected by Cryptocurrency but we must know that there is still a possibility for someone to be lucky enough and become rich in Cryptocurrency.
Your point has to do with investment diversification and that is a good idea but you know, no ot every investor have that idea and not every investor have that funds for diversification. It is nice that one invests in alternative sources so as to have what to fall back on when other sources are not coming fort.

It is good you mentioned Crypto currency but I think it would not be that wise to invest all in Crypto as we all know Crypto market is very volatile. I think investing in other business or physical business would be okay since we are talking about diversification here and that would be at equilibrium and ones while being would be relaxed as there are lots of other business one could hild on to if others are at stand still.
If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.

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Re: Do you think crypto rewards are worth the time?
« Reply #105 on: September 04, 2024, 10:18:22 PM »

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Re: Do you think crypto rewards are worth the time?
« Reply #106 on: September 04, 2024, 11:25:58 PM »
If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.

It should be a thing of 50 50 investment for both Crypto and physical just as you have said. That is what I do, I have some physical investment which I can fall back on if Crypto seems not alright at the moment. I would not worry or panic because I already know there is another option for me to hold onto.
It must not be that your capital should be a big one before you diversify. With the little you have already, you can do that by splitting up the funds for investment in the way it will be of great benefit to you.
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Re: Do you think crypto rewards are worth the time?
« Reply #106 on: September 04, 2024, 11:25:58 PM »

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Offline MUGNIA

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Re: Do you think crypto rewards are worth the time?
« Reply #107 on: September 05, 2024, 10:19:42 AM »

If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.
Actually, investing does not have to be in large amounts at once, it's the same as saving little by little as much as we can, investing also requires research on what we are going to invest in, if you invest in gold I don't think you need to be too afraid like we invest in crypto because the frequency of loss in crypto is 50:50

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Re: Do you think crypto rewards are worth the time?
« Reply #108 on: September 05, 2024, 06:49:18 PM »
If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.

It should be a thing of 50 50 investment for both Crypto and physical just as you have said. That is what I do, I have some physical investment which I can fall back on if Crypto seems not alright at the moment. I would not worry or panic because I already know there is another option for me to hold onto.
It must not be that your capital should be a big one before you diversify. With the little you have already, you can do that by splitting up the funds for investment in the way it will be of great benefit to you.
If I had capital, I would divide my investment 50:50 for crypto and physical, but my capital is not large so almost all of my investment is in crypto, because I want big profits. Because the profits from the last season in 2021 have been used to meet the needs of school children, so this season I need more profits.

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Re: Do you think crypto rewards are worth the time?
« Reply #109 on: September 05, 2024, 11:18:38 PM »
If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.

It should be a thing of 50 50 investment for both Crypto and physical just as you have said. That is what I do, I have some physical investment which I can fall back on if Crypto seems not alright at the moment. I would not worry or panic because I already know there is another option for me to hold onto.
It must not be that your capital should be a big one before you diversify. With the little you have already, you can do that by splitting up the funds for investment in the way it will be of great benefit to you.
If I had capital, I would divide my investment 50:50 for crypto and physical, but my capital is not large so almost all of my investment is in crypto, because I want big profits. Because the profits from the last season in 2021 have been used to meet the needs of school children, so this season I need more profits.

It is not bad investing in crypto and I also believe you already know how the crypto market works and how volatile it could be. Remember we are advised to invest our spare funds and what we can be able to handle if it goes otherwise. However, the current market situation is what taking position because it is time for investment. Maybe it could take a short time to recover maybe a long time too but it all depends on our patience with the market situation and if the funds to be used for the investment is a budget  to be carried in a short time then investing all in crypto is not advisable as the market is yet to recover so you do not get trapped while waiting or hoping to take profit.
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Re: Do you think crypto rewards are worth the time?
« Reply #110 on: September 05, 2024, 11:51:23 PM »
Of course lots of people find it very hard to understand the way there investment should go, most people see it as something that could bring instant profits without knowing it takes years to boost about a success investment if that person (s) is to wait for their profits. Most times the market benefits more to people who are trading both the season it could be bear season or bull seasons provided they understand the market correctly than how others see it.
One thing I think investors should also do before investing in a business is to take their time in knowing more about the business they are about venturing into. You can not just invest in a business and expect returns on investment so fast. A business takes time to grow and achieve a good height before anything taking profit. This is applicable to Crypto trading as well, it is good one have the knowledge of the season properly and act accordingly so that they are not taken unawares because I have come to realise that this particular aspect is what newbie investors are facing.
Since they heard that they could get triple of their investment in Crypto, they immediately jump into it without doing their proper analysis understanding the market trend and season and when it hits them hard, they begin to cry and complain to have been wrecked.
Every investor will definitely look for another place so that the money that they have will continue to increase and generate much more profit for them. Thus, investors in Cryptocurrency will also attempt to invest in the different coins available in the market. In short, the investors have unlimited capital, and therefore they can invest their assets in several available coins. Even when the exchange mechanism collapses, they will enter with more local currency coins favorable to assets. Almost all are badly affected by Cryptocurrency but we must know that there is still a possibility for someone to be lucky enough and become rich in Cryptocurrency.
Usually every investors looks so an every alternative to increase their portfolio which will yield profit to their investment this might be a long time projection or short time investment but at all what they looking to is a profit that will come within the short period of time, alternatively if they where not any coin that will give them possible increase to their holdings then they will change it within their investment portfolio.
However every investor would never want to skip any given opportunity that could yield profits to them, and they would alway want to utilize that opportunity to increase their productivity and profitability.

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Re: Do you think crypto rewards are worth the time?
« Reply #111 on: September 06, 2024, 02:53:28 AM »
This varies from person to person, for beginners who do not have the experience and money to do their own work and earn enough profits, such free rewards that they get from airdrops or events are very good for them.

As for those who have enough experience and skills to get their own work or do professional work for others for a large fee, such returns will definitely be a waste of time for them.
For beginners or those with limited resources, these opportunities can be a great way to accumulate assets and gain experience in the crypto space without significant upfront investment. However, for more experienced individuals with the ability to earn higher returns through professional work or investments, the relatively small rewards from airdrops may not be worth their time. It all comes down to balancing effort with potential gains and choosing the right opportunities based on personal circumstances.

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Re: Do you think crypto rewards are worth the time?
« Reply #111 on: September 06, 2024, 02:53:28 AM »


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Re: Do you think crypto rewards are worth the time?
« Reply #112 on: September 06, 2024, 07:30:31 AM »
This varies from person to person, for beginners who do not have the experience and money to do their own work and earn enough profits, such free rewards that they get from airdrops or events are very good for them.

As for those who have enough experience and skills to get their own work or do professional work for others for a large fee, such returns will definitely be a waste of time for them.
For beginners or those with limited resources, these opportunities can be a great way to accumulate assets and gain experience in the crypto space without significant upfront investment. However, for more experienced individuals with the ability to earn higher returns through professional work or investments, the relatively small rewards from airdrops may not be worth their time. It all comes down to balancing effort with potential gains and choosing the right opportunities based on personal circumstances.
Right, in this way it will make them beginners have capital that can be used to trade. Many airdrops are available until finally we have difficulty determining which airdrop will be successful. My message when there are many airdrops available then we must be diligent in working on all of them because we as airdrop participants want to get maximum results.

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Re: Do you think crypto rewards are worth the time?
« Reply #113 on: September 06, 2024, 09:27:17 AM »
If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.

It should be a thing of 50 50 investment for both Crypto and physical just as you have said. That is what I do, I have some physical investment which I can fall back on if Crypto seems not alright at the moment. I would not worry or panic because I already know there is another option for me to hold onto.
It must not be that your capital should be a big one before you diversify. With the little you have already, you can do that by splitting up the funds for investment in the way it will be of great benefit to you.
If I had capital, I would divide my investment 50:50 for crypto and physical, but my capital is not large so almost all of my investment is in crypto, because I want big profits. Because the profits from the last season in 2021 have been used to meet the needs of school children, so this season I need more profits.

A great strategy indeed. Diversification is essential not only in crypto itself, but in other funds too.
It's best to keep your portfolio rich with different funds and pick the main one.

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Re: Do you think crypto rewards are worth the time?
« Reply #114 on: September 06, 2024, 05:08:22 PM »
If I have a large capital, I will also diversify and not only invest in crypto but also invest in other projects in the real world or maybe buy gold. But my capital is limited so I only invest in crypto and a little bit of real world assets.

It should be a thing of 50 50 investment for both Crypto and physical just as you have said. That is what I do, I have some physical investment which I can fall back on if Crypto seems not alright at the moment. I would not worry or panic because I already know there is another option for me to hold onto.
It must not be that your capital should be a big one before you diversify. With the little you have already, you can do that by splitting up the funds for investment in the way it will be of great benefit to you.
If I had capital, I would divide my investment 50:50 for crypto and physical, but my capital is not large so almost all of my investment is in crypto, because I want big profits. Because the profits from the last season in 2021 have been used to meet the needs of school children, so this season I need more profits.

A great strategy indeed. Diversification is essential not only in crypto itself, but in other funds too.
It's best to keep your portfolio rich with different funds and pick the main one.
Yes, diversification in investment is important. Because this is what many investors do here, we can invest in several coins and of course with several strategies that we think will bring more profit.
I do trading and long-term holding, this is also part of diversifying.

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Re: Do you think crypto rewards are worth the time?
« Reply #115 on: September 06, 2024, 06:17:03 PM »
Hey guys.. so I’ve been part of a group that shares early projects and airdrops, and I’ve managed to snag some decent crypto. They also post about events where you can earn rewards by referring friends, trading, or completing other tasks

I believe many of us sometimes scrolls through timelines on Twitter and you see them right away whether it's a cex or project events.. One time I participated in an event that required 100$ trading volume, and there I got only 1.2$ reward. I know this is not much but what's free is free.

What is my opinion, is that I think it's still good for new users who get on board with such attention to events across social media, that increases crypto adoption.

What are your thoughts on crypto rewards? Are they worth the time and effort?
I think crypto rewards coming from airdrops, bounties, early tasks, trading bonus etc. are worth the time because these small tasks don't take too much time and can give you good reward according to your work. But nowadays a lot of people are joining crypto airdrops, rewards, competitions and bonuses like tasks not from one account but from multiple accounts.

One person with one account can make around $2 to $10 dollars, but with 10 or 100 accounts they can make a good amount of money, and most of the people are doing it with multiple accounts, which is not a good thing. In short, if you can join airdrops with multiple accounts, then you can give it a shot, but that's going to take a lot of time of yours.
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Re: Do you think crypto rewards are worth the time?
« Reply #116 on: September 06, 2024, 08:09:05 PM »
Every investor will definitely look for another place so that the money that they have will continue to increase and generate much more profit for them. Thus, investors in Cryptocurrency will also attempt to invest in the different coins available in the market. In short, the investors have unlimited capital, and therefore they can invest their assets in several available coins. Even when the exchange mechanism collapses, they will enter with more local currency coins favorable to assets. Almost all are badly affected by Cryptocurrency but we must know that there is still a possibility for someone to be lucky enough and become rich in Cryptocurrency.
Your point has to do with investment diversification and that is a good idea but you know, no ot every investor have that idea and not every investor have that funds for diversification. It is nice that one invests in alternative sources so as to have what to fall back on when other sources are not coming fort.

It is good you mentioned Crypto currency but I think it would not be that wise to invest all in Crypto as we all know Crypto market is very volatile. I think investing in other business or physical business would be okay since we are talking about diversification here and that would be at equilibrium and ones while being would be relaxed as there are lots of other business one could hild on to if others are at stand still.

Bitcoin and all cryptocurrencies are volatile assets, and because they are volatile, that means risk is twinned with volatility, which means that as an investor and holder, you must be risk-aware and you can't be. Because if you are afraid, you cannot be traders in the crypto space.

as long as we make sure that the crypto assets we are going to invest in have great potential to give us profit, and we must also know how to distinguish between potential and non-potential crypto assets.
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Re: Do you think crypto rewards are worth the time?
« Reply #117 on: September 06, 2024, 08:15:37 PM »
Yes, diversification in investment is important. Because this is what many investors do here, we can invest in several coins and of course with several strategies that we think will bring more profit.
I do trading and long-term holding, this is also part of diversifying.

If a person invest in Bitcoin, maybe I can say they can be profitable and may likely be free from any loss but you see altcoins, I can't guarantee their investment. It's a high risk to invest into a single altcoin without considering other ones because it's not the one you expected to give you a good run will later give you profits.

There are some altcoins some people will argue that might do well but it's not too advisable to allow one to invest only into one coin, even if you hold Bitcoin there is nothing bad if you add altcoins to it because some altcoins tend to be profitable than Bitcoin sometimes, diversification beats everything in crypto and more safer.
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Re: Do you think crypto rewards are worth the time?
« Reply #118 on: September 06, 2024, 08:40:14 PM »
Every investor will definitely look for another place so that the money that they have will continue to increase and generate much more profit for them. Thus, investors in Cryptocurrency will also attempt to invest in the different coins available in the market. In short, the investors have unlimited capital, and therefore they can invest their assets in several available coins. Even when the exchange mechanism collapses, they will enter with more local currency coins favorable to assets. Almost all are badly affected by Cryptocurrency but we must know that there is still a possibility for someone to be lucky enough and become rich in Cryptocurrency.
Your point has to do with investment diversification and that is a good idea but you know, no ot every investor have that idea and not every investor have that funds for diversification. It is nice that one invests in alternative sources so as to have what to fall back on when other sources are not coming fort.

It is good you mentioned Crypto currency but I think it would not be that wise to invest all in Crypto as we all know Crypto market is very volatile. I think investing in other business or physical business would be okay since we are talking about diversification here and that would be at equilibrium and ones while being would be relaxed as there are lots of other business one could hild on to if others are at stand still.

Bitcoin and all cryptocurrencies are volatile assets, and because they are volatile, that means risk is twinned with volatility, which means that as an investor and holder, you must be risk-aware and you can't be. Because if you are afraid, you cannot be traders in the crypto space.

as long as we make sure that the crypto assets we are going to invest in have great potential to give us profit, and we must also know how to distinguish between potential and non-potential crypto assets.

At first, distinguishing between potential and non potential assets requires one to do a deep and thorough research on the project they want to invest in because by so doing they would be able to get knowledge and ideas what to expect while investing on such project.  This would guide them through the process and possibly learning ways to better secure their investment without any issues.
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Re: Do you think crypto rewards are worth the time?
« Reply #119 on: September 07, 2024, 01:50:09 PM »
Right, in this way it will make them beginners have capital that can be used to trade. Many airdrops are available until finally we have difficulty determining which airdrop will be successful. My message when there are many airdrops available then we must be diligent in working on all of them because we as airdrop participants want to get maximum results.
For those who do not have capital to trade or do not have their own business, it would be very good for them in the beginning to collect as much airdrops as possible, even if some of them are fraudulent, they will not lose anything in the end because it is all free.

But they should be careful to use a different wallet for new airdrops so that their wallet is not hacked in case they get some good coins.

 

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