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Skyrocket Your Crypto Fortune- 10 Powerful Crypto Strategies Revealed!
Decentralised News
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yesterday
In this video, we guide you through ten steps to leverage the crypto goldmine. Start your journey towards financial freedom and build a wealthy future with cryptocurrencies!
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Learning
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00:00
what's up guys welcome back to the channel in today's video we will be talking about
00:07
some top 10 ways that you can actually get rich using cryptos so obviously this is a crypto
00:16
financial education channel i like to sometimes just give some insights as far as how you guys
00:24
can actually take advantage and stake your claim in this new digital gold rush so to speak so if
00:31
you like this type of content make sure you hit the like button also subscribe to the channel
00:37
and obviously pardon me for any noises that you might hear in the back i'm out in public i'm at
00:43
the beach at the moment so i'm just gonna run through this data as quick as i can so obviously
00:49
according to some statistics and just out of observation personally myself i actually
00:58
went through some statistics that said that as of 2023 the number of blockchain wallet users had
01:07
actually reached somewhat upwards of about 80 million users and guess what you could be one of
01:15
those users who are early to the party and are utilizing this blockchain technology to pretty
01:23
much hedge against counter party risk especially as far as legacy system players in the financial world
01:31
that do include the middlemen such as banking institutions so this is a statistic that actually
01:38
is according to statistic so what i will do is go from the number 10 all the way up to the number one
01:47
ways of actually making money within the crypto industry so the number one strategy would be for you to
01:55
pretty much do something as simple as just basically employing a buy and hold strategy so that means
02:03
you know your patience will be the rewarding factor the bitcoin we've seen that obviously since
02:10
2020 10 it has gone from may few cents and uh over 25k as we speak today so that's obviously an
02:22
astronomical uh incremental uh rise in the value of the asset obviously this is in relation to how we
02:31
measure it which is uh according to the worth of fiat currencies which just tells you how much uh fiat
02:39
money debasement has also taken place in the same amount of time so in pretty much a matter of uh 10
02:46
years or so so buying and holding the asset yourself is a good strategy that you can just employ long term
02:54
to make sure you know the money that you're saving for your future is saved in an asset that doesn't
03:01
depreciate and that does have a limited supply and there is no better option than btc of course so
03:08
at number nine i would be saying that you need to obviously engage in some sort of uh activities such
03:16
as crypto mining however this has become relatively very difficult for the average person as we've seen
03:25
mining really go into um more or less like data center type of uh infrastructure units where you've
03:33
got millions if not hundreds of thousands of computers uh mining at a time but uh for those guys that do
03:40
have a large amount of capital perhaps you could uh participate in some kind of a mining pool
03:47
and uh this would uh be something that could give you uh some income uh on uh digital assets so the
03:55
mining process itself does involve using high powered computers to solve complex problems and uh usually
04:03
you can mine several cryptos such as bitcoin uh ethereum litecoin etc so at number eight i'm sorry about
04:12
the noise in the background guys so um just bear with me two seconds okay um sorry about that guys
04:19
um anyway uh so that was number nine we're talking about uh mining itself so at number eight you've got
04:25
uh obviously the obvious thing that a lot of people do engage in which is the activity of uh actually
04:31
trading digital assets so you've got exchanges such as gtrade uh gains and network which is one of my
04:39
favorite decentralized exchange platforms the reason why i really do recommend dexes such as this
04:45
is because they're non-custodial so that means you don't actually run the risk of uh uh having your
04:51
asset stored by a third party custodian as is the case when you're using centralized exchanges such as
04:58
binance or coinbase or kraken coolcoin etc so if you want to know which platforms i do recommend
05:05
obviously this would need you to have a web3 wallet but i think if you want to delve uh into this whole
05:13
space security is number one because if you make any kind of mistakes you run the risks of losing
05:19
your assets so check out the links in the description to gtrade mux apex protocol sin futures all of these
05:27
platforms are non-custodial that means you're in control of your assets so trading cryptos is pretty
05:32
much by trading stocks so uh the only difference there is uh you can trade 24 7 since the crypto
05:40
markets don't actually shut down and number seven obviously this could uh involve things such as
05:46
uh collecting digital collectibles uh that could be in the form of uh things like nfts for example so
05:54
you might have heard of uh uh 69 million dollar piece of digital art that uh was sold by people
06:01
so that's the power of nfts obviously that market is uh crashed over this base cycle and uh i think
06:09
the definitions all kind of what we expect out of that whole nft space is going to evolve over time
06:14
but uh rest be sure uh that you know uh these are not going to go away anytime soon so make sure you
06:23
uh you know you consider uh good uh nfts if you want to hold any of that and maybe trade those or
06:32
collect those hoping that they can go up in value i don't hold uh any kind of nfts necessarily uh some
06:39
on uh different kind of nfts that i like uh for example the the g uh gains network nfts that actually
06:47
uh um you know you can use this to um sort of uh get uh liquidity uh to provide liquidity and have fees
06:56
uh for example so these are the type of uh nfts that i like that have a real use cases another
07:03
thing is number six you could consider things such as a crypto lending platform so you can lend your
07:09
crypto uh and interest on it so they are platforms such as ave or cream or compound that make it
07:15
possible for you to do that these are decentralized platforms much much more safer i believe uh than
07:21
using uh a platform such as nexo or celsius as we saw celsius uh did go bankrupt in the end um so that
07:29
was the number six and number five you've got tokenization of assets so real estate art businesses
07:34
anything can be tokenized so if you own a piece of property you can uh actually tokenize
07:39
it as well which could be something that you could um do in order for you to create some kind of a
07:46
revenue for yourself uh and number four you could participate in early stage um what we used to call
07:53
icos or you can do pre-sales where you're able to get into some digital assets uh much uh earlier earlier
08:01
as the projects are still kind of under construction and uh if they do succeed in uh actually developing
08:09
the tech that they do promise then uh you know you would have come in at the very very low end
08:15
of uh the price point for acquiring these assets so this is always a strategy that you know you could
08:22
also utilize but it does mean that you know sometimes you have to have a network such as myself
08:28
i have a lot of people that i know in crypto who are in different projects so a lot of times i get
08:32
the information way uh before it hits the market so i'm able to sort of position myself uh before that
08:39
so you can participate in uh those early stage offerings and uh hopefully you could get good
08:45
bargains on your digital assets and number three you could pretty much uh work for crypto uh crypto by
08:52
either providing uh services or products uh where you would charge in crypto uh instead of fiat and
09:00
this could be a strategy for you to accumulate and uh uh get your digital asset back up uh and number
09:07
two you could pretty much build on the blockchain so there's many protocols out there uh the future of
09:13
dApps seems promising so you could get involved if you're a developer perhaps in uh working on certain
09:20
projects and uh obviously if uh you're part of the teams is usually a token distribution if they have
09:26
a utility token where there's an allocation that are primarily dedicated to devs etc so that's another
09:33
a strategy that you could employ and then number one it's obviously education educating yourself
09:38
making sure that you are staying abreast of all the latest developments in crypto is a sure way for
09:46
you to actually make money in this space because just like anything else it does take you having
09:51
some intel in order to place yourself in a position where you could stand a chance to benefit uh so this
09:59
is uh something that i do recommend especially for all these beginners and people that aren't working
10:05
in the space and obviously kind of uh keeping up with the sentiment on a day-to-day basis or some of the
10:11
information uh online to just make sure you understand what has potential to uh maybe give
10:18
you uh real good returns so that's why i do recommend that you guys go to decentralized.news
10:24
which is our main site and you can go get some free resources and tools to help you navigate your
10:28
way in this whole crypto ecosystem also make sure you check out the links in the description to uh
10:33
obviously um tokenized trillions and blockchain applied which are books that real uh will give you a lot
10:40
of information about real world asset organization on the blockchain also you can check out a link to
10:45
my new book defi millionaire which is at defi-millionaire.com and you can download that ebook for free
10:53
and uh if it's something that you want to learn more about defi and all of that good stuff other than
11:00
that make sure you go to our main site and also join our telegram and our discord server until next time
11:06
guys like share subscribe turn on the notification bell i will see you guys soon
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