Is now a good time to buy cryptocurrency?

in LeoFinance3 days ago (edited)

Who knows!

Don't take advice from crypto-gurus with ridiculous thumbnails who have the latest alpha on "Brokecoin" or tutorials on how to make 6920x profit in 3 days by following his unbeatable Flappy Bird algorithmic TA chart strategy.

You're just going to stay broke or go broker.

What you should do, is look in the mirror and put your favorite pump-me-up music on blast and tell yourself how awesome you are.

After you've got a bit on blood flowing as well as endorphins, remind yourself of the skills you have.

Is it music? is it community management? is it graphic design? is it coding? sales? There are thousands of things people do and are good at. As yourself if you have any

Do you have any great skills?

The reasons for having some skills is twofold. First, it is known that girls only want boyfriends who have great skills. Second, it's because you can exchange your skills for cryptocurrency.

if you don't know off the top of your head what you are good at...
Figure it out.png

And after you've done so, exchange your talent with others that might not have the exact skill you have. Exchange it for some $HBD, HIVE, DASH, BTC... whatever. Don't worry about how much for too long. Are you charging too much? Are you charging too little? set a reasonable price and be willing to negotiate. If you come to an agreement with the other person, take it, fulfill your end of the deal and add that service to your portfolio. Do that around 694.20 times and you'll be on a roll with a handfull of clients.

Refine the process

Business is about building and refining systems, so once you've got the ball rolling, start working on your systems and making them better.

Client acquisition

Start with a spreadsheet. Come up with your ideal client right now and make a list of people or projects that fit that description. Reach out to them and make a schedule to reach out and follow up on leads regularly. Eventually, you'll develop a little CRM system that can evolve into something more sophisticated when the time comes.

Pricing

Like I said earlier. Don't worry about the price too much in the beginning. Do some research on what the prices are online. start with that and find a sweet spot that allows you to close some deals and build your wealth too. Remember:

price signals value

So don't charge $1 for something that takes you 1 hour or else you'll go broke AND you'll be signaling to your audience that your service is shit.

Marketing

Tell people what you're doing! go on Twitter and post some of your work. Do the same on Tik Tok and whatever legacy social networks you use. Do it on HIVE too of course. Focus on telling people about the problem and how YOU solve that problem.

Shout it from the rooftops.

These are just some aspects of what you should be working on to keep your web3 business running and growing. There are a bunch more, but I'd like to dedicate some time to MY business right now, so I'm going to have to run. IF you have a day job, don't quit just yet, but hustle on evenings and weekends. I promise it will pay off.

See you on the other side brothers and sisters!

If you want to read other posts on building a web3 business, check out some of my other posts:

Creator - sharpen your business skills

Creative entrepreneur: offer less services

More web3 businesses needed

Building your startup's capacity to land high paying clients

Posted Using INLEO

Sort:  

I don't know if it is a good time but I am doing it anyway. I am getting little money so just by saving I would never get in comfortable position financially. I have to invest if I want to get anywhere in this world. So I may as well invest into Hive since I already invested 7+ years of my life in to it...😛 all in to the Hive train.

If you have extra fiat, I think you can do well by picking up HIVE. Easy 30 - 50% by just holding, plus passive returns from various sources. I agree with you 100% to make nice money, you have to have skin in the game.

It indeed is :) Unless you're into shitcoins and memecoins, obviously, these won't last.

Good crypto is likely the best long term investment though.

Yeah I'm not into meme coins. In the words of CZ

Bing money is built slowly with stamina

Until SP500 and Nasdaq reach their correction targets, the probability of further BTC decline is high. I am buying HIVE now, but little by little, only for trading on Hive-Engine. I am shorting the rest of the crypto from time to time.

I might have some fiat money coming my way. If that's the case, I'll pick up some more HIVE and BTC at these amazing prices.

Wow Mr Alex, this is the kind of advice people actually need. They really should forget chasing the next meme coin. Building skills and trading value is how you really make it.

This is the way.

Long-termers will concur that web3 is fertile ground for building your business. If you have something to offer, offer it in exchange for cryptocurrency like $DASH, $HIVE, $HBD or $BTC.

I like this concept

Fertile ground my friend.

Epic hoody though 🔥🔥🔥🤘💯

That is indeed the best way to earn crypto. That is, solving the problems of others in exchange for cryptocurrency or fiat. Everyone has something he can do that others need and are willing to pay for. Like you said, if one doesn't know his skill, he has to figure it out. Going to counsellors might also help in this regard. Thanks for writing.

Consider building up your stake on HIVE and participating in this blockchain.

https://www.hiveblockexplorer.com/@aloysiusmbaba

Screen Shot 2025-03-09 at 12.13.11 PM.png

Ok. Thanks.

It's been difficult because of the low post payouts. And sometimes I have to power down.

Your post payouts are low because you are an extractor with a KE ratio of 6.75:

Screen Shot 2025-03-09 at 12.59.41 PM.png

https://beebalanced.streamlit.app/

Once you show the community you are building, you will gain supporters.

This is the way.

If we make our findings about a particular coin and it has a great future, the best time to buy is now!

The main point of my post is to encourage others to exchange skill for cryptocurrency in a p2p, value4value way.