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5 major ways of making money in crypto industry
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[QUOTE="PolySteam, post: 305285, member: 98112"] 1 Hodling coins won't make you rich there is no guarantee at all. If you going to good coins hold something you can actually spend sometimes or use in some way. You have to believe in the project behind the coin not just blindly good onto any coin. Governance coins are the best to hold usually since they have their own blockchain and the bases of all use cases surrounding that fact. 2. Investing is the same as holding unless you mean using your actual hold to invest with say you hold a coin then you can invest using that coin by staking it or yield farming or running a node. It should never be seen as a short way to get rich. 3. Coins are not "free to mine" there is no such thing as free. Currently mining is not profitable and in most parts of the world it costs more for the electricity then what you mine out. Pi coin is not mining and is most likely a scam. 4. Airdrops are not money from nothing they require you to work. Legit ones require you to participate in a constructive manner. It's easy to tell scams but penny pinches flock to these with the mentality of "free money" if the token has no liquidity you cannot sell it. Without a use case it has no use. 5. You can't just "repeat the process" in order to make good profits from coin trades one must trade in vast amounts of coins & only sell off coins here and there to stay generally in the green. [/QUOTE]
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