In Thailand: It's better to invest crypto with the companies that the Thai Securities and Exchange Commission (SEC) has approved.
May I start my writing with the sentence that the potential
for losses from price fluctuations, failure of intermediaries, and fraud from
cryptocurrency investment is very high?
Don't view cryptocurrency trading as your primary way of
making money.
In addition, I also would like to quote Thailand's bourse which announced about the Crypto risk that Volatility in digital assets prices can cause uncertainty for users and recipients. While some digital asset business operators may offer to convert the digital assets into Thai Baht for the receiving merchant, price fluctuation can incur costs to users and recipient’s e.g. digital asset conversion fees.
The SEC includes the other risks that consumers may face cyber theft, personal data leaks, or opportunity costs in system failure. It is good that the SEC or bourse announce the risks on these matters.
Cryptocurrency may be a good investment if you will accept it's a high-risk gamble which could pay off–but also that you could lose all of your money.
It is important before investing in bitcoin or other cryptocurrencies that you go in with your eyes open. Looking into digital cryptocurrency companies and startups, check that they have solid business plans that solve real problems.
You will certainly become rich and become a millionaire if you spend some time, one or two weeks studying the following bitcoin and altcoin as shown below.
With your intention and ambition, it will not take over
two months if you are newbies to these cryptocurrencies.
You must have mindsets with the goal, and above all, you
must have investment budgets in your wallets.
Here is update info (Live Cryptocurrency Trading) On
March 01, 2022, Get the Latest Crypto Prices, Market Cap, Trading Volume
https://www.ndtv.com/business/cryptocurrency/crypto-coins
Thailand is one of the first countries in the world to enact a law that supports digital asset business operators, issued by the SEC to ensure consumer protection.
The country also has announced that it will launch the Thai
Digital Assets Exchange (TDX) in the third quarter of the year to
cater to the younger generation's interest in investment.
Cryptocurrency can make you rich but require domain knowledge or expertise and high risk. Investors should "exercise caution" with cryptocurrencies such as bitcoin.
Warnings: Cryptocurrency trade and investment may not fit all people. This digital business is volatile and fluctuates all the time, leading to sharp and sudden moves in price, unexpected changes in market sentiment, they may not recoup any lost investments.
March 1, 2022.
Ingenious Ways to Make Money with Cryptocurrency
Suthep Chaviwan/ March 5. 22
Everybody may think, plan and map out the financial strategy and also how to make stable passive income, from cryptocurrency. Earning passive income more than active income, and becoming a millionaire from cryptocurrency.
As all of us know, there are two main types of income; passive and active.
Passive income includes the money earned from interest, dividends, and rental property, while active income includes hourly wages, salaries, and commissions.
It is always possible to earn passive income with crypto, but returns will depend on the method chosen and the amount of crypto you have to start. Given its volatility, there's no guarantee that any crypto strategies will deliver any returns.
If you want to become a bitcoin millionaire, and you ignore the bitcoin bubble, you can either mine bitcoins or trade them on an exchange.
Investing in crypto might be lucrative — especially if you invest at the right time. Many investors have done well with cryptocurrency, and you may end up having the same experience.
But some of you may have questions to ask which cryptocurrencies will make you a millionaire as there are many cryptocurrencies.
The simple answer is that you have to study first, studying including the white papers of each crypto before investing and becoming a millionaire.
You can also study how to Earn Passive Income with Cryptocurrency. You may also consider the following top 5 currencies which are popular and will make you with millionaire-maker potential in 2022, or nine months from now.
1. Bitcoin (BTC), the original cryptocurrency: Market cap: Over $846 billion
2. Ethereum (ETH) Market cap: Over $361 billion
3. Tether (USDT) Market cap: Over $79 billion (stable coin)
4. Binance Coin (BNB) Market cap: Over $68 billion
5. U.S. Dollar Coin (USDC) Stablecoin: Market cap: Over $53 billion.
Details of these cryptocurrencies are available by searching at Google where you will find the best crypto websites with reliable, relevant, timely content.
As with any investment, it must prepare you to lose what you put in when investing in crypto.
Suthep Chaviwan:
Warnings: Although Cryptocurrencies are the hottest business issues for making money, they are high-risk investments. This is because they are so volatile, often fluctuating by huge amounts within a short period. Ending.
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