What To Do In the Crypto World This Year????? A Suggestian From A Steemian

in #steem2 years ago

Here is the obligatory this is not financial advice, so seek out the proper consultation before doing anything....this is for informational purposes only.

To start, I am going to say that cryptocurrency is going to be the greatest wealth creator for the average person in the history of the world.

For too long, the elites profited while the average Joe/Jane struggled. The system, no matter how it was designed, only served a few. The rest were left to live on the scraps, literally. This was true in the times of monarchies and certainly is true in the central bankster era.

This is all changing. Now, the creation of money is not limited to the ruling elite. Instead, anyone with a bit of know-how can create money. This is a radical departure from the traditional model. It is also why the powerful are fighting it at every turn. While the war is won, there will be many battles along the way. Decentralization is simply too powerful even for the elitists.

So what should you do to take advantage of this?

My answer is simple:

ACQUIRE AS MUCH CRYPTOCURRENCY AS YOU CAN!!!!!

This needs to be your focus for 2018.

While prices have run from where they were a few years ago, in the blockchain/cryptocurrency world, we are still in the first inning (actually we are still singing the National Anthem). This is going to be a decade long process taking us to the later part of the 2020s.

Since everyone who is reading this is most likely on STEEM, that is the starting point. Over the past few weeks I wrote numerous articles about how people should power up as much as they can. A couple hundred SP today is going to be worth a lot in a year...and worth a whole lot more in 5 years. @ned has the goal to tokenize the Internet. Once you know the working of this blockchain along with some of the future plans, you can see how that is possible.

We are already starting to see some of the results of holding STEEM. Both Appics and Vice announced in their white papers that they held a certain amount of their tokens aside to be given to holders of STEEM. Here is a way to get tokens without investing money. Once the Smart Media Token protocol is released, we should see a lot more of this throughout the second half of 2018. As companies implement the content/reward system into their website, a certain percentage are going to create their own tokens. This bodes well for STEEM holders.

The other thing everyone should be focusing upon is Cryptocurrency 2.0. For those who haven't seen me use that term, I designated that to mean those tokens that are acquired via their utility. While Cryptocurrencies 1.0 like BTC, ETH, and LTC required purchase (either of the token or mining equipment), these newer currencies can be acquired simply by doing what they were created to do. STEEM is an example of this. It was designed to be given as a reward for posting, commenting, and upvoting. So how do you acquire STEEM? Post, comment, and upvote.

Before thinking it is all sunshine and butterflies, we need to be honest about what is going on. There are a lot of projects out there which sound good yet will fail. At the same time, there is a lot of stuff out there that is outright dishonest. Many tokens are not going to succeed. For this reason, you want to get as many different ones as you can.

Personally, I am taking whatever I can get. If I get an email notifying me of a way to earn 25 or 50 tokens, I am taking it. Those tokens might be worth $10 or $20 in a year...or they might be worthless. Either way, since I did not put up money, I have no risk.

Think about that for a second. I have no risk yet unlimited upside....the only ones I ever saw get that were the US Banksters who leverages their trades to the hilt and when they went bad, the government paid them.

Guess what, now we get the same advantage.

It only takes a couple of different projects to take off before having a handful of tokens becomes very profitable. Some have programs where it is fairly easy to earn hundreds, even a thousands, tokens. Again, if that eventually hits $10 or $20, you have a nice sum of money. At this moment, there are many projects with that potential and, I can guarantee, there will be a lot more throughout this year.

Diving into cryptocurrencies will be the best move you made in your life (next to marrying what-his/her-face). This will change the circumstances of the entire world. We are starting to see the foundation of a new system which is creating abundance. STEEM is leading that charge.

For those who are interested in buying cryptocurrencies, that is a smart move also. Of course, my suggestion there is to be prudent in the projects you choose. There are many suggestions on here about approaches to take. Basic investing skills should always be applied (such as do not invest more than you can afford to lose, diversify to spread risk, pick sound entry points, etc...).

No matter what your approach, garnering as many coins as possible throughout 2018 is the goal.

We have seen the "printing press" handed to the average person. It is up to us to take advantage of it.

If you found this article informative, please give it an upvote and resteem.

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Great post @taskmaster4450. I couldn't agree more, acquiring coins is something that I have been doing since August 2017. Most coins that I have bought since then I have held on to, apart from a select few.

Building a diverse, well strcutred portfolio is absolutely key, and I plan to spread my investments to some more traditional assets towards the end of 2018, in order to make sure my portfolio is really diverse. Thanks again for sharing.

Diving into cryptocurrencies will be the best move you made in your life (next to marrying what-his/her-face). This will change the circumstances of the entire world. We are starting to see the foundation of a new system which is creating abundance. STEEM is leading that charge.

Hahaha......... Steem is leading and for those who heed to this advice, of course wealth would be the order of the day. It is going to create general wealth devoid of class or status. Indeed this is the era of the 'poor masses '

To start, I am going to say that cryptocurrency is going to be the greatest wealth creator for the average person in the history of the world.

no doubt about this...cryptocurrency is already taking over.

ACQUIRE AS MUCH CRYPTOCURRENCY AS YOU CAN!!!!!

funny enough i had always hated crypto, never knew much about it and didnt want to have anything to do with it until i joined steemit and my eyes got opened to the potential and opportunities in cryptocurrency.

A couple hundred SP today is going to be worth a lot in a year...and worth a whole lot more in 5 years. @ned has the goal to tokenize the Internet.

its sure going to worth a lot more in few years time, that's for sure...but i dont seem to understand what you mean when you say that @ned wants to tokenize the internet.

That makes two of us
Steem actually launched me into the world of crypto

Yup, same. Until this, I really didn't have any interest in crypto(mainly because the only way I was aware of getting it was buying it :) )

I am a crypto huckleberry. What would I, or many of us, have to lose anyway? The other game, the fiat game, is rigged, and it always has been. Just how are the big boys going to slow down or stop the decentralization train? That is the question. I don't know, but the thought of it could keep me up at night? Long live the Steem...

I don't know, but the thought of it could keep me up at night?

It doesnt keep me up at night because it is a done deal.

They cant stop it...they are pulling out all the stops and look at what they are achieving. They are putting some fear into the masses by having this price collapse. Yet the blockchains are still forging ahead. And people have short memories...wait until this cryptos take off. People will be jumping in left and right.

Blockchain is guaranteed to cook whatever stands in its way. The Internet has now come to money...we only need to look at the newspaper, magazine, long distance, and record industries to see what happens.....

It will be a bloody mess for them....

Agreed. I read today that there is a massive reduction in Facebook traffic, something like 25%. Now that's got to leave a mark.

Also:

I thought you might find this of interest: (and because it is just another cool example)

Yes, @myhuntingfishing will definitely be taking a look at them and upvote and Resteem their best content as well. @myhuntingfishing has received a delegation of 1,000 Steem Power from @bbrewer and will be working to get more delegations and thus be able to award more hunting, fishing, shooting, firearms and other outdoor content. You are the first to get an upvote with the new voting power. It's not a ton but it is a start! I hope to stay in touch with you as we build this community. Steem on @huntbook.

I spent years thinking about getting bitcoin but I had 0 savings and made so little and for a while I wasn’t even sure how to get any. Then it shot up and I wasn’t like “oh...shit”. As soon as I found steemit, I didn’t have to think twice, although I didn’t think much about crypto for my first few months here. Now I finally have some savings and I started with absolutely nothing. I suppose I’m already a success story, although I hope we all become much bigger success stories.

I’ve been searching for other ways to earn crypto...staking isn’t really the best as I barely have enough to make much doing that...Know any other ways for non developers without much money?

Love the positivity during these dark times! Crypto is the future.

You mention that people can earn tokens just by doing what we're doing, you know what I think would be super helpful to new users?

A post listing out the different ways people can get tokens. Things like earn, manna, maybe airdrops(thought that's more complicated) all these different ways to get tokens that a person new to crypto has no clue about. I know I pick new ways up everyday, but seems like you know quite a few that I don't.

Thanks for the comment @jakeybrown.

I wish I had that list...I am looking for things to earn in such a manner too. LOL.

I try to repeatedly mention some of the ones I am in...to give people something to jump into.

The thing I keep saying is at the top of the list, is to keep powering up....there is nothing more vital to the future success of people than SP. I think that is going to radically alter the lives of millions.

Cryptos are the wealth creator . Right now we should either buy or hold our coins . This mini crash wont last long . We should collect as much cryptos as possible before complete mass adoption , we all lucky to be into cryptos right now . Institutional money is trying to get in right now , they are creating and spreading FUD across the internet to cause panic sell so that they can accumulate at low price . We should take advantage of this manipulation and accumulate as much as possible .

Yup, essentially building one's wealth (not the sole method) by leveraging on the potential of Cryptocurrencies 2.0 is a no brainer:

  1. You earn free cryptocurrencies/tokens through your usages of specific applications
  2. It's FREE because you don't need to invest any capital beforehand in order to gain these cryptocurrencies/tokens

Basically, you WIN free money and you LOSE nothing because you don't risk anything!! And STEEM Blockchain is the perfect fit for this wealth building strategy, so keep steeming people!!

I agree. I think this latest dip in almost all crypto currency is an amazing buying opportunity. Buy low sell high has been the name of the game. In the case of steemit. Earn low, hold it change your life for the better.

Yes those that keep ahead of the onset of growth that is coming on board Steemit.
Their are some glitchy growing pains as I am starting to see on Steemit.
One has to be super creative to be seen at this point.
But I see a greater advantage for Steemit when SMT are worked out.
If one knows what their sitting on (Steemit) HODL is their favorite thing to say.

TY Task

Great read. Thanks for the perspective of the risk free aspect of going about crypto. As someone who is recently getting into crypto and learning more about other tokens, this helps investing,

"I did not put up money, I have no risk."

Little extra time invested with no money involved sounds like the right path. Especially if some of these other tokens blow up as much as other leading crypto, you'll be kicking yourself for not doing so.

Steem is the very first crypto I have. I enjoy commenting, upvoting, and creating quality content for all Steemians to see.

Since following you Task, I have learned more about Steemit, crypto, and what quality content is all about.

Great post to start my Monday off. 😎

I am glad you find my posts insightful and helpful.

Hopefully you are starting to expand your portfolio away from just STEEM...there are others to pick up like PRE....

It is a no brainer. Earning those tokens when offered. As you said it could end up being nothing but on the other more plausible hand it could end up with a bit in your pocket. Very good approach. Thanks for the advice.

Here is the obligatory this is not financial advice, so seek out the proper consultation before doing anything....this is for informational purposes only.

Is there really "proper consultation" in crypto? I know there's none outside of crypto, these Edward Jones types are scared and ignorant of crypto, I've talked to at least three of them and they simply don't get it. ☺

Yes there is @overkillcoin.

The world's leading expert on this subject is Jamie Dimon.

Just read up on his views and you will be okay....he is here to help you.

How about Paul Krugman - whatta creep haha...

We might be getting close to adding Buffett to the pile.

When Jamie Dimon called Btc a fraud price pumped to moon , when he gave advice to buy it crashed in a month .

The ultimate in contrarian indiciators.

Whatever Jamie says, do the opposite.

I´m in for some coins/tokens and I expect have even more invested as soon as BTC its the 5K mark... that´s the turning point to stabilize the deeps and to start to see what projects will do better.

I especially like your conviction that STEEM is "leading the charge", because the idea/fundamentals are just amazing and we will see many multimillionaires when the price of STEEM blows up (it will eventually)

It doesnt hurt that STEEM has real world applications already on it.

So how do you acquire STEEM? Post, comment, and upvote.

You have just posted and I commented so will you upvote? :) Joking aside, you pointed a lot of important things about cryptocurrencies. I agree with you, I try to get different crypto tokens as much as I can, especially with airdrops :)

I don't know I can give link but I want to share some links to get free token. If you want I can delete it.

https://actioncoin.io/
https://sphere.social/

Thanks for the informative post.

thx for sharing. i am always looking for free coins, because you know what they say: the best things in life are free 😉.

Nothing wrong with sharing links to free coins...especially in a post about getting free coins.

And yes you got an upvote.

I'm working as hard as I can to get to 1,000 SP. I think that could very well be a life changing amount in 5 years time.

I think that could very well be a life changing amount in 5 years time.

I predict 2 years.

That would be much better.

This is great, "not financial advice". :)
Hope you are earing those free Presearch tokens.
It just feels like the floodgates are opening on blockchain tech & cryptocurrency. Thanks @taskmaster4450.

Every day @summertooth.

Like clockwork...get 8 in before the clock strikes midnight and start again.

They are starting to add up.

Glad to hear it, my man. I truly hope these guys can pull it off. Google is waaaaay too powerful in the land of the internet. Thanks for all your awesome work.

Yeah well they are going through a 2 or 3 year period of building their index so it will be a while.

I am not sure what the ultimate outcome will be but am amassing the tokens just the same. I do all my searches through the interface...hope they are getting some good info from it.

I wish there were another couple just like it.

Thank you @taskmaster4450, I followed your advise and am glad I did. Today is my 15th day on Steemit, I have started powering up 80% of what I make in a week. This in a short time will increase my sp and also form a solid means of investment for the future. Am glad I read this from here. Thank you.

Good job @lordjames.

I am glad I could help. I think you will be happy with the money that is in your account down the road. STEEM is definitely going to grow by leaps and bounds. There is so much going on with this blockchain, it is going to be incredible.

We just need to be a bit more patient...something that is not easy to do.

Am putting up a pretty nice story about the whole Steemit community in a post I titled In The kingdom of the Steemititians. As you ate been in this platform long before I came, I could welcome your constructive criticism on it. I hope you will have a few minutes to put down some suggestions on the story. Thanks very much @taskmaster4450.

As I wrote earlier, when I came to steim, I began to see things differently. This applies to the crypto currency. STEEM is one of the highest priority coins for investment. The best strategy is to increase the strength of the voice. Thus, you get a double benefit and secure a strong investment foundation, which in the future will make you richer.
Steemit at the beginning of his journey and he will still surprise the whole world, I'm sure.
Good article @taskmaster4450

Not very much into other cyrptos but definitely working every possible way to accrue and hodl steem as much as it is possible for me. The whole year 2018 has been dedicated to do nothing but keep powering up 100%. Thanks for sharing the insights and yeah I am looking for the day when Steem holders starts getting some share of pies from the apps like Appics. Wonder days are going to come soon :)

I aggree in hodling and earning crypto. But it should be clear that there could be a possible long lasting downward/sideways motion in value. Not clear at all is if integration of Steem in media sites is really benefiting us.

Buy when their is a blood on the street. I will hold and buy some, Steem is definitely my best play.

My strategy will be HODL BTC, ETH and STEEM. 2018 is the year Steem it will go mainstream. Facebook will be forced to do his own crypto, but will be centralized, and Steem has the decentralized advantage.

Thanks for sharing information I am first time read your post keep it up I follow you and i wish you also visit my blog thanks
I wish you all the best

Thank you for the great information. Crypto will hopefully lead to a vetter tomorrow for everyone.

Thanks for the useful information my friend.

It will be coin collecting year, this hole process will be very fun :)

I agree with this. Most people who've even heard of cryptocurrency only see it as a speculative investment. Once you understand that you are buying into (or freely accessing) a share in a parallel infrastructure, the whole thing seems a lot more real and valuable.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7701.530$-12.41%-32.09%
CANCanYaCoin0.631$-21.05%-45.41%
ETHEthereum778.991$-13.46%-34.91%
LTCLitecoin136.927$-12.64%-24.94%
STEEMSteem3.482$-17.47%-42.01%

good chart thanks sure the coins will be back up to where they were 7 days ago in 30 days, so volatile and early adoption by the masses at 2% of population and very new started dec 2017 so onwards to the moon for many coins in 2018, people need and education or they will get recked by the scammers and bankers

No matter what your approach, garnering as many coins as possible throughout 2018 is the goal.

These were the same words of a friend to me. Your words are wise, and I know that by following the tempo run your post, no one will be left behind.
Thank you for sharing.

yeah sure. I hope those negative crypto pessimist can get to see this.

I've always been hopeful that crypto would bounce back judging by the dips it has had years ago. this one compared to many of them is not as bad.

thanks for the suggestion. I hope people accept and give it a shot

thanks @taskmaster4450

it feel good to read that amazing eep it up

Hi @taskmaster4450, how much Steem Power is required for complete financial freedom? :)
What do you think of this?
https://cointelegraph.com/news/ban-complete-china-blocks-foreign-crypto-exchanges-to-counter-financial-risks

very informative post...u r great sir..

really good article... upvote @reesteem done

This is hope come afresh....
In 2018,i will hold BTC,STEEM,ETHEREUM &any other ....

Excelente contenido amigo, a mi criterio Steem es una cypto con mucho futuro, tienen una razón de ser gracias a esta plataforma, pero que opinas del baño de sangre por las que están pasando las criptomonedas en este momento?

If it's free, I'm surely grabbing them. How do you convert crypto currency to fiat in your country?

Great post! I try to read as many white papers as I can, but I realized that I need to allocate a regular time block for this purpose.

I didn't read Appics and Vice white papers, but I'm so happy to learn they will be distributing free coins.

I've been thinking about powering up for while, but I don't really know how much to buy.

Thanks for all the info.

A good number of us never had interest in crypto until we joined the community...
There's plenty catch ups to do and so far we have been able to make progress.
Steem has made it possible for us to acquire more cryptocurrencies to Hodl...
I particularly look forward to EOS

It only takes a couple of different projects to take off before having a handful of tokens becomes very profitable. Some have programs where it is fairly easy to earn hundreds, even a thousands, tokens.

Do share? Also the emails that offer free tokens? What are these secrets.

true enough, there are loads of airdrops and free coins out there it just gets to be a lot of work to keep track of them
I am actually thinking of making a spreadsheet just to see where i signed up

if you want something else, here is a nice concept as well. Earn pays you to answer questions on ICOs that might interest you they will also give you airdrops
if you want to please sign up through my link (gives me a bit extra as well)
earn.com/cryptogoodies/referral/?a=ft8otkskec19m332

Thank you @taskmaster4450. For this ....it was helpful.

There is just one right answer- invest in steem power!

Good article taskmaster4450!

I agree with your thoughts that the crypto 2.0 will be the thing of the future. The 1400 odd cryptos existing in the market as of today will cease to exist, except for a very few! The future cannot take so many coins. However, tokens yes it can!

Do we have a place where we can see the opportunities for earning such tokens?

Taskmaster - would you mind sharing the ones you go to ... may be after you have earned your lot from there! :)

Upvoted the post 100%.


Follow me if you like my comments/posts.

I wanted to get the airdrops as well... but I just dont know how to use an etherum wallet other than for holding ethereum.

Heck, I googled it and tried what I thought was the way, and got some airdrops and they never appeared on my balance.

Bah.

Nice.... Am in support of this 100%

I defiantly have noticed what you are talking about. Even having 10 SP will be worth a lot at the end of the year, so it's best to get in right now.

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I fully agree to get as much free crypto as possible. However I have one big question, how to deal with the limited time I have?

In my case (self employed) it might be better to just work 1 hour extra and send an invoice. That gives me 100% certainty for extra income. And even when that's not possible I prefer to spend time with my family, go sporting, etc.

So I just stick with steemit. As I think steemit is atm the best 😀

Having that said I also note that steemit could still be one of these new crypto things that will not make it. Since it is the first there should be plenty of possibility to create a better platform.

As Newby I still struggle with some questions like where does the value of steem and SBD come from? And what to think from all kind of cheats like voting bots?

I would like to hear your opinion about those items?

"We have seen the "printing press" handed to the average person. It is up to us to take advantage of it."

Very well said. I liked this a lot, it summarizes a lot of my thoughts about our current state. I am excited to see the other projects the year will bring in addition to Steem. Are there any you'd immediately suggest looking into? Obviously, not asking for your financial advice, just genuine curiosity from someone lost in the sea of bullshit :)

Presearch seems very interesting....I didnt buy in but I am earning the tokens.

Also...to quote simply use the > followed by the text you are copying....

Very well said. I liked this a lot, it summarizes a lot of my thoughts about our current state. I am excited to see the other projects the year will bring in addition to Steem. Are there any you'd immediately suggest looking into? Obviously, not asking for your financial advice, just genuine curiosity from someone lost in the sea of bullshit :)

Got it! Thanks, I've been noticing I've been doing it "wrong" but have been so far lazy to figure it out as I've only quoted people a few times, so thanks for saving me the trouble haha.

I signed up for Presearch a week or so ago. I was under the understanding that I would be able to do Beta testing and earn by doing so. However, when I log into my account my "Dashboard" only shows the option of putting in a buy order, chatting, etc. Are you earning by beta testing? If so, how do you receive such an honor?

I am just wondering because I am very interested in Presearch but can't use it yet, from what I can tell.