Primarily to make money, of course. I realize it's a high-risk investment and I'm willing to embrace that risk. I do have reasons other than speculation and making money, though. It seems to me that decentralized payment systems make a lot of sense on the Internet. Credit cards are too cumbersome for micropayments unlike the Bitcoin Lightning Network or the Raiden Network on Ethereum. I like the idea of independence from financial institutions whose fault the financial crisis was.
Also, cryptocurrency is merely scratching the surface of what can be done with blockchain technology. The blockchain space has some pretty mind-blowing projects like Tau-Chain the purpose of which is to function as a kind of ontology and logic engine between its users to clarify their ideas and help scale up discussions millions of participants. Unmanned corporations made possible by the blockchain are another very interesting idea developed by Stan Larrimer. Together, those two may make it possible for humans to do away with politicians.
I joined to make money. right now I am here for the money, experience and friendship built.
This question will take me to the history of money and i will explain the little i know about it that prompt me to be in crypto space as asked?
long time ago ,there was nothing like money.the only means of transaction was trade by barter where you exchange what you have with another person to get what you want.for instance if you have Tubbers of Yam and you need plantain,you will meet with someone who needs yam and you guys will negotiate on how many tubbers of yam you can exchange for plantain.that was the only means of getting what you want,No money.
As time went on COWRY SHELL was discovered in oceans and they dim it to be very precious.this became what they use in exchange for things needed,gradually it became the money they spend and buying and selling came into exixtence.
METAL COIN came to replace cowries, PAPER MONEY hijacked metal coin and that's what we spend now all over the world. Down from the days of trade by barter till this day,every form of money introduced was adopted by the masses and it came to stay until there is a change.
Now CRYPTOCURRENCY is the electronic money in vogue which means the era of paper money is gradually diminishing.we hear of cashless economy where you wont have to pay in cash but with you card.its happening already. Crypto is what the world is facing now though there are challenges,every phase went through one before it got its feet rooted.
Cryptocurrency is still coming up and lots of miney can be made from its investment.those that invested in bitcoin back then became multi billoniares when bitcoin came to stay.this is what we are seeing and its real.
I am in the crypto space because its what we have in vogues.we are in new era of the 21st century and the phase of paper money is changing so i need to follow the trend because this is the fastest means of growing your fund where you will not have to labour hard before you make profit. its very easy to get cryptos from the confort of my home free by just following some rules just like musing where you ask and answer questions and get rewarded in cryptos.such a means of employment at your convinience.
Crypto space is awesome and i so much believe that the next generation of billonares are people that invest in cryptocurrency.
There are so many people that came here for the money and the same is true for me. This is me back in 2017:
Source: The is a photo shopped image is of Indian millionaire Datta Phuge
Its more than a little sad and embarrassing to remember those days. The recent bear market changed everything and taught me a lot. The first thing I learned was that those who are here to make quick buck will be disappointed and will soon leave with nothing but losses to show for their greed.
As I delved deeper into the DLT (blockchain) and fungible tokens based (crypto) based on it, I realized the potential this could hold for the future. The fact remains that money is still a part of my motivation but I have learned that there is a much bigger potential in cryptocurrency. Money will come in its own time, but if people were to realize the tremendous amount of power that they can wield by being early adopters of this technology, then that would be a life changing event.
Because of the underlying blockchain technology and everything happens in a distributed ledger and in a decentralized environment.
The digitalization of the asset is now possible and the transaction becomes trust less in cryptocurrency with a blockchain technology and that is the core fundamental of any cryptocurrency and that is why there is a craze for this and everyone is being attracted towards cryptocurrency.
Thank you and Have a great day.
the reason for being in the crypto room so far I believe in cryptocurrency because cryptocurrency is always promising and wise between one another, and we see the impact of profit generated in the world of cryptocurrency now that has been a lot of success and success for them '' which really experienced and understand the world of cryptocurrency.
because in my opinion Cryptocurrency always makes it easy for its users to do every transaction directly with other ownership or also called other users.
To make money. I have learned so much being here and I really know nothing compared to others around here. I am not sure why you would be in crypto space for any other reason than money really.
My main reason for getting into crypto was absolutely to make money. I won't deny that for a second. Now that I have been in it for a while, I am really enjoying the growth and development aspect of it. There are so many things happening and besides crypto there is the integration of blockchain into so many businesses and industries. I think it is really exciting to see how blockchain is going to change the landscape of technology. Even if cryptocurrency never gets off the ground, blockchain is here to stay. That is why I am sticking around. I can't wait to see what comes next.
*vehicle to enable project collaborations
*Expand my options of currency to transact in
Actually, crypto-currency has been about money ever since it has been invented in years ago. Mostly everyone reasons and idea to join the crypto space is to make money for themselves as well as share the knowledge about it and share it to people.
My own reason of joining the crypto space was to pursue my motive of making money too, but actually it's also changed my idea of thinking that's it isn't about the money alone in it.
It teaches me some great important lesson and also taught me the usefulness about it. We really need to be educated about cryptocurrency, never forgetting the money making part in it, **which is one of the most important thing**
We need to learn about crypto itself and how to earn the money too... also thanks to many cryptocurrency coming into existence like Bitcoin, Litecoin, Ethereum, Dogecoin, and so many others. And also thanks to the Blockchains too and the market for making easy transactions.