DO WE HAVE CONTROL?
The volatility of cryptocurrencies is something to worry about. Although, not to be considered as gambling, but it creates uncertainty of whether you would make a profit later or not. You have no control over its risings and fallings do you?
If I buy a cryptocurrency for $100 and I get a buyer that wants to buy it for $90. Of course, I wouldn't sell it. Why? Because I will lose. What if he decides to add $10? That means, he is buying it for $100. I could decide to sell it in order for me to get my money back, or quit selling it until I make some profit. Lets say he quitted buying it because I refused to sell it for $100. And later, another customer came to bargain, and I sold it for $120. That means, I made a profit of $20. If all these took place, that means I have control over my Cryptocurrency isn't it? I think this method is better than just hoping and hoping because hoping is by chance. And it carries a lot of uncertainties. That is why I feel that there is a better way of making money via Cryptocurrencies than to just merely sit back and just watch your money slowly crumbling down with no control over it. Based on my researches on Cryptocurrencies, there are 2 major ways of making a cool profit on your investment.
What an amazing post. I would be highly interested in listening to how to make profit with cryptocurrencies in two ways.
Don't worry, I will soon post it.