Cryptocurrency is one of the most profitable online businesses.

Suthep Chaviwan/March 9. 22

Most profitable "Online Businesses" that are booming right nowadays, not only Cryptocurrencies but also other online businesses; Blogging, Affiliate Marketing, Digital Influencer, Selling Digital Products, Start an SEO (Search Engine Optimization) Business, Domain Investing, but they are not much popular and publicized like cryptocurrencies.

People talking much about Digital Cryptocurrencies, as they are the business involved with billions of dollars, make tons of sexy profits. Anyhow, behind this sexiness profits lie hideous practices. 

The market prices of cryptocurrencies are always volatile, up and down several times a day, but in the long term, they make profits to the holders or investors.

In February 2011, the BTC was $1.00, but 10 years later, on November 10, 2021, the same coin reached over $68,000. (average increase 6,800% a year ?)

Cryptocurrencies today still being the most profitable online business, among them are;

1. Bitcoin (BTC) Market cap: Over $846 billion

2. Ethereum (ETH) Market cap: Over $361 billion

3. Tether (USDT) Market cap: Over $79 billion

4. Binance Coin (BNB) Market cap: Over $68 billion

5. U.S. Dollar Coin (USDC) Market cap: Over $53 billion

6. XRP (XRP) Market cap: Over $37 billion

7. Terra (LUNA) Market cap: Over $34 billion

8. Cardano (ADA) Market cap: Over $33 billion

9. Solana (SOL) Market cap: Over $33 billion

10. Avalanche (AVAX) Market cap: Over $22 billion

Anyhow, we encourage cryptocurrency investors to study and research before investing. Today, there. are also several thousand cryptocurrencies that investors can invest and according to the price-tracking website CoinMarketCap. It reports that in February 2022, there are over 17,000 types of cryptocurrencies.

We should also know that demands and supplies are the main clauses of fluctuations and volatilities in the crypto markets, the Tweets of Elon Musk, the CEO of two companies, Tesla and SpaceX can also move crypto markets. But the overall view is that the crypto markets are too big for any individual or any government to have complete influence in these cryptocurrencies.

Elon Musk is a Genius, he will still play a key role in the crypto markets. Every time he tweets about cryptocurrencies, the aftermath of these tweets, the market seems to react to them. 

Elon Musk is a great, Genius. There is no public data that proves his IQ, but they estimated it to be around 150 to 155.

Cryptocurrency business may not fit for every investor, some might spend their time several years to trade and invest in these digital coins, but still futile. It is not wrong if this writer suggests that they have to move away to another profitable career, or the online careers mentioned above.  

WARNINGS: Several factors make cryptocurrency not entirely safe. Investors must examine the pros and cons. Although some cryptocurrency has given a 10,000+% return in 1 year, nothing is to be guaranteed. You could also lose all of your money. Suthep Chaviwan.

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