The opportunities that abound in crypto space are enormous, you...

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21 Posts.

22/07/23

04:45

Post #: 68920800
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Originally posted by RadioactiveNana: ↑

I've been dabbling in altcoins in the last few months, and even with a couple of large crashes (including the largest MCAP crash in terms of USD ever), my overall position is significantly higher than it would have been with the same investment into 'blue chip' stocks. I'm still diversified into stocks, but I find many more opportunities in crypto for growth if I'm honest. It's just a matter of looking at different fundamentals, such as wallet distribution, community engagement/trust, use cases etc.
Is there anyone else that feels like there's more opportunity for growth in that space at the moment? Some even allow for essentially a dividend that gets paid on every transaction. One for instance (HOGE finance) pays a weighted portion of 1% of every transaction to all holding wallets - along with deleting a further 1%. I've found that my APY from this so far exceeds 15%, while the capital growth has also increased - to the point where just the value of my distributions received to date (in a couple of months) significantly exceeds my initial investment.

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The opportunities that abound in crypto space are enormous, you just have to hit your niche and developp further. Be it Spot trading, Derivatives, airdrops, bounties, it's just so many.

The competition in the space has also encouraged many platforms to integrate various innovations. Bitget for example is known for introducing Copy Trading, a product that allows the less experienced users to copy the trades of the more experienced ones. There is also Staking on various platforms etc

There are just so many opportunities to be explored, regardless of the stumbling block you may meet, if you properly harness the crypto space it can be highly lucrative.
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