How to get and how not to get cryptos?
By the end of 2020, the value of Bitcoin and Ethereum has broken forward like a bull. long gone are the days when they could still be bought cheaply. But since we’re still in a booming phase before blockchain systems take full control, we still have a lot of good opportunities. However, it is not worth delaying, you have to start learning and apply what you have learned.
How can we get cryptocurrencies to benefit from it in the long run, and what is it just a waste of time and a waste of money?
This is a very complex question, but I will try to summarize it briefly.
- One of the most obvious solutions is to buy through a cryptocurrency exchange. One example of this is MrCoin, where it is very easy to exchange Bitcoin, Ethereum and some other cryptocurrencies. Before purchasing, you need to open a crypto wallet (e.g. blockchain.us, it also handles Bitcoin and Ethereum) and enter the wallet number at the exchange platform to refer to the cryptocurrency. These exchanges require verification (personal identification) and, in some cases, registration.
(Photo credit: weforum.org)
Mining - it’s getting harder and more expensive. Around the start of Bitcoin, there was enough of a laptop and a mining program running on it, now we need a whole fleet of machines, the operation of which consumes more and more money and energy.
Content creation, creative writing, blogging. It started with a relatively new spot, the launch of Steemit in 2016. I have been a Steemian since the beginning of 2017, but now I use several other platforms, such as hive.blog, peakd.com, ecency.com, leofinance.com. Regular blogging, uploading photos, visual art, your own - not copied, but strictly original and quality content can be not only good fun, but also a source of money, true only daily max. worth a few USD. I receive rewards based on how many people vote for each post and in what value. What is small money for us is a kind of wealth for the citizens of poorer, crisis-stricken countries, like Venezuela.
Community building, business building - this is the best of the known possibilities, provided that the company is ethical, the business model can be easily copied and works well. Mentors also have a prominent role to play in helping their team members to be as successful as possible. I can confidently recommend BlockChainCapital and SmartCryptoNote, although there are still some reliable companies on the market.
How not to try to get crypto money because you are just wasting your time?
Unfortunately, there are many who "fish in the confusion", but these can be easily filtered out.
(photo credit: https://pnghut.com)
Bitcoin "faucets". For those who still believe that bitcoin can flow from the tap, but only your electricity bill will be higher and your pc will get viruses. The ad blocker needs to be turned off and annoying ads are pouring in. At first you just click and maybe get to $ 1, but then you are asked to invite people, maybe fill out questionnaires, register on gaming sites, get involved in gambling. This is certainly a paradise for phishers, not yours.
Deposit $ 10, invite a lot of people who also pay, and then they do - that is, build a pyramid, but know that those at the top get all the profit.
Free Crypto - That’s what Manna was like, $ 1 of which is good if you gather in a year. Now hybernated.
New cryptos with big promises. Invest, and then they'll steal your money. Such was the Mandala coin, now inactive. Many of the thousands of cryptocurrencies are unfortunately shitcoin or worse, scam coin!
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It's so sad and wrong that there are people that keep making fake apps and softwares that claims to get you coins by hitting a START button... And there are many that believe that and end up scammed or just wasting time that could have been invested writting some awesome content to get real earnings in a correct way
Excellent publication, very good information, there is still time to get into cryptography, this type of platforms like the beehive are a good option to generate dividends and make their content known
https://twitter.com/Bhattg18/status/1343970250988011520