Why you should stay away from crypto trading and investment

 Suthep Chaviwan/March 5, 22

 In this article, let me present the negative side of crypto investment for you to consider by saying that Crypto is unstable, volatile, and not even real — without thorough analysis and a cold-minded approach, you won't make a profit out of it.

 

You should think twice and evaluate your possibilities. Crypto trading isn't the place for emotional people — you should have enormous patience coupled with a calculating mind. 

It is important to educate yourself on crypto and financial topics before finding a cryptocurrency worth investing in. They are volatile, unexpected changes in market sentiment can lead to sharp and sudden moves in price. They are high-risk and speculative, and you must understand the risks before you trade.

****

The above phrases on crypto trading are rather negative, but they are the fact, the gospel truth for all investors to ponder before putting their money in this volatile and unpredictable business, up and downs dozens of times a day.

****

Yes, nobody can change your minds, and you aim for investment in this business as the decision is yours, not an outsider, but it is better to think twice and understand the risks before you trade, knowing that cryptocurrencies are unregulated by both governments and central banks. 

If possible, stay away from trading or even planning to earn your living or earn stable passive income from this cryptocurrency business. 

If you're a panic-monger, especially, if you invest money that you cannot afford to lose, stay away from it. 

You should also think of uncountable reasons you should not trade Cryptocurrency? And realizing that the risks of trading cryptocurrencies are mainly related to their volatility, why invest in this intangible business when there are so many choices dealing with fiat money investment. 

The final warning is that if you do not know how trading and investing in fiat assets works, you shouldn't start with bitcoin and altcoins, because your profit can be simply a matter of chance and luck.

Suthep Chaviwan/March 5, 2022

DISCLAIMERS. The content as shown above is a personal viewpoint of the writer, who wants to present two sides of crypto trading both pros and cons. The trader should realize the fact that the coin has two faces, fortune vs. misfortune. Investing in crypto assets is risky but also potentially extremely profitable!

**

 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.