Tripneur.com
future-proof entrepreneurship
Tripneur
noun
- An entrepreneur unencumbered by geographical location
- A person capable of passive income and wealth generation
The aim of this website is to provide a basic understanding of the cryptocurrency space, as well as various strategies for investing in cryptocurrency. It does not constitute financial advice, and as such, it is imperative that anyone contemplating an investment in cryptocurrency do so at a) their own risk, and b) only after thorough research.
While it is possible to make very high percentage returns, it is also possible to lose the entire investment.
Yes, crypto is a high risk investment field, but the risk is most certainly mitigated when one has a solid understanding of the fundamentals surrounding this asset class.
4 Basic Strategies
- HODL’er
- TRADER
- YIELD FARMER
- MINER
HODL’er
Hold-On-For-Dear-Life
The HODL’er is the investor that buys a cryptocurrency for anticipated long term gains. The perfect example of this is Bitcoin. An investment of $100 in Bitcoin in October 2010 would now be roughly $46 million (August 2021), assuming you’d held on the entire time. Yes, it’s unrealistic to expect such gains in the future, but various experts predict anything from a $100k bitcoin to a $500k bitcoin in the coming years.
TRADER
As the name suggests, the Trader speculates in cryptos by buying and selling on exchanges. The trader relies on fundamental and technical analysis to better understand and anticipate market moves. This is an extremely simplified explanation, and we’ll delve deeper into the intricacies of trading in future articles.
YIELD FARMER
Essentially yield farming is the practice of staking crypto assets in smart-contract-based liquidity pool, thereby by earning high returns or rewards in the form of cryptocurrency. Welcome to the world of decentralized finance.
