Lets discuss holding , mining,ico,s and trading part 1( introduction)

in #mining7 years ago (edited)

BLOCKCHAIN REVOLUTION

We know about gold rush , we know about internet revolution, we have seen stock market and property changing many lives.These were the things of past and they are not gonna change your life unless you are already very rich because they are very stable now.Try to make some difference and do something new that is how you change your life young people.

Cryptocurrency is nothing in my eye.it is just a great product of blockchain technology and it will stay always in some shape.I do believe that authorities and technologists will improve and slowly change the way how it works.

After establishing the fact that it is a revolution and its not gonna go anywhere soon.Lets try to find out a way how to get benefit from it.

Right now the market is very unstable and it scares many of us so the profits are high.

FEAR==RISK==PROFIT

1.HODLING (holding coins)

It is a constantly growing market. Every few months we see a new all time high figure in market capital and also some big corrections going on due to fud and fear of authorities and profit takings.the point when  sotoshi made sotoshis till now the value is keep increasing in long term and will keep increasing unless you are very unlucky in making profits. you can buy some coins and next year your investments could be 2x , 5x ,100x and negative.i will advise you to diversify and do not put more than you can loose without loosing sleep.maybe a 5% of your total wealth.

some soins with working projects are

bitcoin(not ideal but still the top currency and lightning network will take it to new highs i believe).

ripple 

ethereum 

salt

steem

buy 

2.TRADING

The market is very volatile and it keeps on going up and down . So day traders buy low and sell high for profits.

this is very risky and needs some experience and a heart to bear losses and start a new trade.I will advise you please do not play with leverage and do not do over trading.

Greed will kill your profits and even initial investments.

bitfinex and binance are one of good exchanges with high volumes.

Stay away from trading if you are new to this but remember to take some profits if your coins are really mooning.))

3.MINING

This is the most secure and profitable in short term according to my point of view.

you need to buy a asic miner for bitcoin mining or a gpu miner for altcoins(coins other than bitcoin)

this miner will make money for you 24/7 and you can easily make your investments back in 6 months.

after this it will be profits.



...........wait for part 2 )

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