📚 Educate yourself ✴ Take profits ✴ Patience is the Key ✴ Rugs might happen ✴ Diversify portfolio ✴ Never go all in ✴ Research ✴ Dont spend money can't afford follow CT_Thor ✴ Dont blame others your mistakes ✴ Life is short
🔹️Validator announcement coming to run a Node, earn passive income
🔹️Mainnet release
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$ALT
▪️Alphabet (ALT) is a layer-1 blockchain network built to run smart contract-based applications which designed for fast, secure, and scalable.
▪️Alphabet Network implements Ethereum Virtual Machine (EVM) which makes it possible to run Ethereum-based applications such as MetaMask, Hardhat, Remix, and all tools that support Ethereum bytecode.
KAS at 20m now 10B DIONE at 3M now 3B LOOP at 2M now 1B NEXA at 5M now 5B ALT at 700k now 700M ECT at 500k now 400M VELA at 20m now 20B RXD at 2M now 2B SPACE at 4M, Now 1B
Making money in crypto is easy you just need a long term mindset.
Cryptocurrency has become a popular means of investment and earning money across the world. While buying, holding, and selling cryptocurrencies is the most common way to earn money, there are other ways to leverage digital currencies to make a profit. Here are ten ways to earn money with cryptocurrency.
1. Staking
Staking is the process of holding cryptocurrency in a wallet to earn rewards. Users who stake their cryptocurrencies can earn interest or rewards for keeping their coins in a blockchain network. Staking usually requires minimal effort, and interested users can easily research and identify coins that support staking.
2. Mining
Mining cryptocurrency involves the use of high-powered computer systems to verify transactions and earn rewards. Since it requires significant investment, mining is best suited for those with a sound technical understanding of the process.
3. Airdrops
Airdrops are essentially giveaways of free cryptocurrency. Cryptocurrency companies use airdrops to introduce new tokens, build brand awareness or reward existing users. Users can participate by downloading apps and completing simple tasks like following a Twitter account or joining a Telegram group.
4. Trading
Trading is the most common way to earn money with cryptocurrency. It involves buying a coin when its price is low and selling it when its value increases. Trading requires discipline, market knowledge, and a keen understanding of market trends.
5. ICOs (Initial Coin Offerings)
ICOs are fundraising campaigns for new cryptocurrency startups. Investors receive tokens that can be used on the company's platform in exchange for their investment. If the startup is successful, the value of the tokens will increase, and investors can sell them for a profit.
6. Affiliate Programs
Several cryptocurrency exchanges and wallets offer affiliate programs that pay users a commission for referring new users. Users can earn a percentage of their referrals' trading fees.
7. Masternodes
Masternodes are nodes in a cryptocurrency network that require a significant amount of coins to operate. Masternode operators earn passive income for providing support to the network.
8. Microtasks
Several platforms pay users for completing simple tasks. Tasks could include filling out surveys, watching videos, or downloading apps. Users earn cryptocurrency rewards for completing these tasks.
9. Peer-to-peer Lending
Peer-to-peer lending platforms allow users to lend their cryptocurrencies to others and earn interest. These platforms connect lenders and borrowers and facilitate loans in cryptocurrency.
10. Paying for goods and services
Cryptocurrencies can also be used to buy goods and services, just like traditional currencies. Several businesses now accept cryptocurrencies as payment, and users can take advantage of this opportunity to earn coins and use them to buy essential services.
In conclusion, cryptocurrency provides a myriad of opportunities to earn money beyond investing. Staking, mining, trading, ICOs, affiliate programs, Masternodes, microtasks, peer-to-peer lending, and using cryptocurrencies as payment are all viable means of earning a profit. Users should explore these options, do their research, and choose the one that best suits their skills, resources and risk tolerance.
My Favourite No 6 what's yours tell me in comments
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W. D. Gann’s 24 cardinal stock trading rules
01. Amount of capital to use: Divide your capital into 10 equal parts and never risk more than one-tenth of your capital on any one trade.
02. Use stop loss orders. Always protect a trade..
03. Never overtrade. This would be violating your capital rules.
04. Never let a profit run into a loss. After you once have a profit raise your stop loss order so that you will have no loss of capital.
05. Do not buck the trend. Never buy or sell if you are not sure of the trend according to your charts and rules.
06. When in doubt, get out and don’t get in when in doubt.
07. Trade only in active markets. Keep out of slow, dead ones.
08. Equal distribution of risk. Trade in two or three different commodities if possible. Avoid tying up all your capital in any one commodity.
09. Never limit your orders or fix a buying or selling price.
10. Don’t close your trades without a good reason. Follow up with a stop loss order to protect your profits.
11. Accumulate a surplus. After you have made a series of successful trades, put some money into a surplus account to be used only in emergency or in times of panic.
12. Never buy or sell just to get a scalping profit.
13. Never average a loss. This is one of the worst mistakes a trader can make.
14. Never get out of the market just because you have lost patience or get into the market because you are anxious from waiting. 15. Avoid taking small profits and big losses.
16. Never cancel a stop loss order after you have placed it at the time you make a trade.
17. Avoid getting in and out of the market too often.
18. Be just as willing to sell short as you are to buy. Let your object be to keep with the trend and make money.
19. Never buy just because the price of a commodity is low or sell short just because the price is high.
20. Be careful about pyramiding at the wrong time. Wait until the commodity is very active and has crossed resistance levels before buying more, and until it has broken out of the zone of distribution before selling more.
21. Select the commodities that show strong uptrend to pyramid on the buying side and the ones that show definite downtrend to sell short.
22. Never hedge. If you are long one commodity and it starts to go down, do not sell another commodity short to hedge it. Get out at the market: Take your loss and wait for another opportunity.
23. Never change your position in the market without a good reason. When you make a trade, let it be for some good reason, or according to some definite rule; then do not get out without a definite indication of a change in trend.
24. Avoid increasing your trading after a long period of success or a period of profitable trades.