Crypto Currencies

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Hi, i was just wondering how many of you use crypto currencies for making money online, as there are currently about 1000 different currencies and can be overwhelming, i currently use bitcoin and doing quiet well from that but would like to diversify into other markets....if anyone has any info on the best currencies at the moment or sources of information that would be great.

Thanks,
Adam
#off topic forum
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  • The Graveyard?

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  • There is two ways to make money in cryptos, but these two ways have own rules and you could easily lose money instead of earning.

    First way is to invest long term. You could invest in many coins, but you don't know if the coin will survive and price will increase without researching the coin. Personally I am not investing in other coins except bitcoin and ethereum, as these are very strong and have very big potential of growing. Other coins also can rise even 10 or more times, but it's hard to predict such things and you easily could lose money. So my suggestion is if you want to just invest long term and just wait, invest in strong coins like bitcoin, ethereum.

    Second way to make money in cryptos is trading. Trading BTC, USD, USDT, ETH pairs. This way isn't top secret which will make you millions overnight. 95% of people who trading is loosing money, only 5% really makes profitable trades, so keep in mind that it's not easy and you need proper mindset and knowledge, but hey you could learn everything and from more and more experience become super trader.

    Personally I like trading a lot and I started this 'business' few months ago ,actually it was 3-4 months ago. I found really good and excellent info about trading and my mindset was already right, also I am very patient person, as every trader knows that patient in trading is super important, so from like 70 traders which i have done only 2 wasnt profitable because of some stupid mistakes which i done while learning, all the rest was positive with 5-10% ROI from each trade.

    So if you ask me what I suggest to do if you want to start earning money in cryptos, I would answer that trading is best bet, but each person are different and some like trading ,some dont like, some want just invest and wait ,some wants action and trade each day, all depends on your personality, but I swear everything is possible and you could learn absolutely everything and reach your dreams !
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    • Hey naviown - are you still in crypto --- like to hear more about your trading with crypto
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    I'm enjoying the Ripple ride.

    Following this - https://www.reddit.com/r/Ripple/

    It's a coin with utility that solves a problem - "The next Swift".

    Over the last few weeks has surged while most crypto has fallen. Expected to be listed on Coinbase in coming weeks which will again see it surge up, like Bitcoin Cash did when it listed.
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    • Be careful with both those, Xrp and Bcash, research them both. Xrp is owned by Ripple, a company that you investors have created some of the richest people in the world. Buying into this centralized anti Bitcoin garbage will eventually wreck a lot of investors imo
  • I have some extremely beautiful tulips that I might sell you, if your offer is right.
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    • Another person jumping on the ' ignorant bandwagon' becuase it's the "in" thing to do
      Blockchain technology ain't going anywhere. Maybe some are too old to a degree they feel like the boat has passed them by
  • I have heard Etherium is great one after Bitcoin. My Friend bough IOTA few days back it looks promising as well.
  • With well over a 100+ different coins all going to the moon. More then 3/4's is nothing but pure hype. Most will be gone in less then 1-2 years.
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    • Banned
      Due diligence necessary for sure.

      But the ones with sound business models that solve real world problems are a good opportunity to get in early.
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  • I have Bitcoins, Bitcoin Cash, Monero and Litecoin also have some minners hardware
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    • Hi Nifty,
      Did you purchase your cryptocurrency or did you receive it as payment for a product or service? Care to share your experience?
  • I use none, as any type of crypto currency like Bitcoin, is only a web currency! Not recognized as official currency in any land or any bank and there are more minus points as good. I feel sorry for those who have invested their time and money in a fake currency. The dream of a bitcoin being worth any thing is part of a fantasy that started in 2009.
    Lots of luck!
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  • I could also offer you a bitcoin alternative, just put it on a table with a spinning ball, and you could double your money immediately, and no cash out issues.

    Why do l feel that l am in a 1929, "Create Wealth Through Investing" meeting?

    I would suggest before throwing everything you have at this, wildly fluctuating model, is don't, it is high risk.

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  • Shopify now has a plugin that integrates GoCoin and allows payment through Bitcoin, Litecoin, and Dogecoin, with more coming this year.

    Cryptocurrency is here to stay, possibly even to take over one day. It is very worth doing your due diligence. If nothing else it is the biggest and fairest casino of our lifetimes.
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  • GIFTO, Storj, Cindicator are all great projects and highly recommended by Teeka Tiwari for 2018.
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    • Are we still talking about bitcoin?

      And nice to hear from you again, Bravo, last time l heard from you was on my Mars Curiosity Stealth Mission thread, when l believe you posted a chicken on Mars video, (NASA is still verifying that, lol).

      But if you scroll down, you will find that dancing chickens on Mars is chicken feed, lol.

  • The estimation of bitcoin dove a month ago, in the midst of fears that exchanging was going to be restricted in South Korea.
  • Hey Adam,

    What has your experience been accepting bitcoin? What kind of transactions have you done? Care to share your experience?
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  • I have looked into Bitcoin, but it trades at 8k+, (which is about 11k+ in AU dollars) or $1,100+ with leverage.

    So l am risking 10k of other peoples money on something that could nosedive again.

    About the only plusses are it is always trading, has worthwhile bull and bear trading periods, (hills, valleys) and mass media are crapping on about it.

    There are plenty of stocks out there, from reputable, stable companys, that most likely won't plunge, like Bitcoin has been known to do, and can do just as well.

    I guess it is because it is always trading, and is trendy is what gets people in, but it will be a long time before l went anywhere near that one,....if ever.

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  • since every of my friends are talking and investing their money in this, i am doubting if im too late for this?
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    • Look upon it as a blessing
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  • Over 800 cryptocurrencies are now dead as bitcoin is 70 percent off its record high - CNBC

    Read it and weep. You folks simply don't listen. lol

    https://www.cnbc.com/2018/07/02/over...-pressure.html
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  • People are earning because of crypto but the same is the case with frauds as well. People are losing their money because of that. Thats why ICOs are now partnering with ID verification companies like Shufti Pro to perform KYC of their investors so that chances of frauds are reduced.
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    • The only way people are losing money in crypto are:

      1. buying into some bullshit coin or ICO that is promised to give instant riches, which is dumb investing move

      2. trading and thinking they know what they're doing, wannabe instant pro traders, which also is dumb investing move

      my advice is to research Bitcoin and what it is, and does, before investing. This should increase your capital but will not be over night.

      another advice, do not buy into "what's hot". Do not FOMO like those buying the hype at $20k
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  • My team and I have built really good training with the goal of taking to as many people as possible. With the right people in our group we can create a transparent community where we can have more control of the market. I just started a wso, however I am waiting to promote it until I understand the new change that is happening at the end of the month.
  • There are so many different ones, so you should just analyze crypto market and then to choose whether to invest in bitcoin, or litecoin, or any others.
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    • You are so right. Thats what people are failing to realize.. This industry, all the other top crypto's... There is so many ways to win...... Many people think its to late, but I keep telling people this is like warmup or preseason....... The game has not even started yet.....
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  • The most important question is the choice between bitcoin and ethereum. Both currencies have their strong side. At the moment I'm using bitcoin. I think that the crypto currency will soon change the whole world. Forward to the future.
  • Thanks for sharing the knowledge.
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    • Self-promotion, SPAM and a raft of totally self-serving BS, all at once. On your first post, no less. Nicely done! lol
  • who can send me a message where the rules for posting is so I can see how I might participate in this conversation properly - thanks

    Joshua
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    • https://www.warriorforum.com/main-in...e-posting.html


      and, for the 'marketplace':
      https://www.warriorforum.com/main-in...july-30th.html

      Those should help....basically, you can't post promotions/adverts in the discussion areas or links such as to your site or 'contact me' etc.


      P.S. Welcome to the forum!
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    • Sig is just $5 for all time You can post what you want as long as it is not an affiliate link....or a fiverr ad... If it's your site - your program or product - you can post two lines with links about it for $5.

      Or if you want a big splash you can choose the high end option and post any links you want and an image of your choice.

      Honestly, the problem you may face on this forum is that crypto discussions are limited to the Off Topic section only - and you seem to be more knowledgeable about the topic than many who post about it here. Perhaps your knowledge will raise the bar....and your sig would show when you post in other sections, too.



      kay
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    • A 'big splash' would be the $60 sig option which allowed you to promote your products in a bigger ad using an image that gets more attention, etc.

      No, you can't post email address (perhaps in your sig but the spam factor might not be worth it)...you also can't (once you reach the post limit) promote your products through unsolicited PM's to other members.

      It's a forum - discussions are meant to take place on the forum where others can see and learn from them.

      The challenge I see for you is to be able to participate in other sections of the forum (with your sig visible) in discussions that are not crypto based as those discussions are limited to the OT. Until about a year ago - no crypto discussion was allowed here so it has opened to some extent.

      As for me - I'm pretty much retired from working. Built a lot of sites - ran memberships and was a well paid freelance writer for years. Now I moderate here for a bit every day, walk my dog, ride horses, read lots of books, take naps. Rough life but someone has to do it. Have a son in Atlanta - that's a fertile location for crypto products/advice I would think.
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    • Hard Fork 20 has been announced with Steem. And even more exciting is that SMTs ( Smart Media Tokens) are to be released in January 2019.

      I have been observing at what some of the people here at Warrior Forum and on this very Thread have been spewing , and I can't help but shake my head about the ignorance they are exhibiting. And I just cannot help but giggle to myself about these same people talking about drinking the proverbial "kool aid" when in actuality they are the ones drinking the "kool aid" by buying into the notion that this Crypto industry is all about wild speculation on price alone and nothing else. That is drinking the "kool aid" because it is unequivocally FALSE !!

      Yes, there are plenty of lame ass speculators with Bitcoin and other Crytocurrency.

      There is no doubt about that. A bunch of bull shit pumping and dumping and major hype

      But if you have done your "homework" and you wade through all this bullshit speculating, you will find incredible technology with crypto with what they called Blochchain technology. And it is going to change the way Commerce is done and is based on a decentralized platform.

      These SMTs are the next step in this Revolution.

      I got $10K invested in Steem but not through stupid Speculation of the price going up or down.

      I'm investing in the technology and how it is going to be a game changer.

      Bottom line : Do your homework and quit drinking the "kool aid" that this is solely based on hype and reckless speculation !! That is just incorrect


      Sincerely,
      Robert


      P.S. I have no ulterior motives with my Post. I do NOT gain some kind of silly affiliate commission if people respond to me and buy something from me.

      Just wanted to disclose that.

      Iam mainly just wanting to get the word out on the technology involved here and how there "could" be limitless opportunity if you are smart about it !

      Here is one of many articles on SMTs
      https://steemit.com/steem/@steemitbl...-release-dates
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  • The person Adam who started this conversation -- asked about what coins are best to consider if you are in crypto although I saw here in this discussion, people who are anti-crypto too and this is to be expected - anytime there is a new tech offered there will be nay-sayers until it becomes an accepted tech by the world at large like our cell (mobile) phones, the internet, wifi, etc ---

    I saw a person I greatly respect, Teeka is his name do a talk on July 18th and he is a person who has a newsletter where the paid members get his tips and advise -- anyway as with all things, we each have to make our own decision whether we buy what someone is saying or not but having been involved with crypto since April 2017, I have seen a lot --

    he suggested to pay attention to bitcoin, litecoin and dash - most people don't know about dash -- but it has, if you understanding how mining and creation of the coins work - a built in program, forget the name of this, that helps with the transactions of the coin and thus transactions go faster -- many people have also spoken about eth or ethereum which really is more a coin that represents a blockchain more advanced, they say, then with bitcoin ...

    the other encouraging thing I see if how many websites are devoted to cryptocurrencies plus people I see involved via facebook and linkedin -- and that the US tax office, as I mentioned in my post deleted due to newbie ignorance, has a new tax law as Uncle Sam wants their share of crypto calling it virtual currency.

    What could throw things into total favor for crypto is Amazon not if but when they decide to either allow purchases of their product with their own coin or one that exists - they maybe waiting for an upgrade to the blockchain for bitcoin which is rumored to be ready soon

    to those in this forum who as they say, stay the course and trust, as the year of 2018 becomes the settling down process with crypto - where no doubt many 10 coins will remain strong - I believe you will be rewarded - anyway it has been an interest adventure since last year and I hope at some point to write a book about it

    hope this information is helpful and that I have finally followed the posting rules --

    Joshua
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    • Reported as SPAM!!! Am I the only person working, today???
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    Crypto Currencies

    Hi, i was just wondering how many of you use crypto currencies for making money online, as there are currently about 1000 different currencies and can be overwhelming, i currently use bitcoin and doing quiet well from that but would like to diversify into other markets....if anyone has any info on the best currencies at the moment or sources of information that would be great. Thanks,