The scandalous Andrew Tate bombarded the so-called “crypto nerds” with criticism. He accused them of lacking practical experience and real skills in the field of digital currency. According to this odious personality, “crypto kids” make themselves look like experts and “promote” the idea of easy money. In reality, the result they achieve is built on deception and blind luck.
Tate is enraged by such trickery, because a person cannot be considered a real expert if he offers to earn money on pure luck. Although there are many questions to Andy himself, as he often found himself in the center of various scandals. Nevertheless, the famous blogger and coach touched upon an important issue of the cryptocurrency industry.
3 reliable and promising projects that you should now pay attention to
Along with useless, obviously fraudulent or simply unpromising projects, there are also cryptocurrencies that really deserve attention. It is worth taking a closer look at the projects that have potential:
- Wall Street Memes – a meme coin that managed to interest Ilon Musk himself and is breaking records in the presale, which has raised almost $7 million so far.
- Ecoterra is a “green” crypto project, the main idea of which is to create an ecosystem with full recycling of consumer waste. The startup’s cryptocurrency is available as part of the presale.
- Deelance – a project of a revolutionary platform for finding remote work, which can squeeze the most famous freelance exchanges due to honest and transparent economy, as well as low commissions.
Wall Street Memes
Is a connection between successful business and modern memes possible? The creators of the Wall Street Memes project prove that it is more than real. The proof of this is the WSM coin, which has managed to interest more than a million people. Among them are both ordinary users and famous entrepreneurs. Cryptomem became so popular that even the multibillionaire Ilon Musk supported it. The richest man on the planet published a tweet from WSM.
Now the coin is trading at a price of $0.0286, and its potential is confirmed by the course of presales (almost $7 million was collected in a short period of time).
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Interestingly, the authors of the project were repelled by the idea of the Wall Street community. Once upon a time in the 1980s, brilliant businessmen got rich on useless stocks. The Wall Street Memes team hints that something similar can be done now with the participation of cryptomemes. Ordinary people tease those who believe in these funny pictures, but investors will be able to laugh back and fill their wallets with real money.
Some of the pros of WSM include the following:
- Endorsement from Ilon Musk.
- A community of millions.
- Historical parallels to Wall Street.
- Excellent performance during the presale period.
Ecoterra
“Green” technology continues to be a hot topic in the marketplace. However, there is a tinge of ordinariness to this popularity. Many projects have become monotonous, boring and uninteresting.
However, the Ecoterra team decided to take a different path. Abstracting from the traditional focus on producers, suppliers and consumers, the creators of the coin have expanded the usual boundaries. If the project is realized, a new unique market will be created, where buyers of recyclable materials and waste processors will be able to interact directly, without intermediaries.
In addition, it is planned to create an application with the help of which ordinary users will be able to receive rewards for recycling consumer waste, and activists will be able to earn cryptocurrency for performing useful actions for the environment: cleaning rivers and forests, collecting garbage, planting trees, etc.
Among the advantages of the project are the following:
- The presence of a unique application, in which the activity of participants is recorded.
- Earning opportunities for producers and consumers of eco-products, processors and “green” enthusiasts.
- Creation of a market of recycled waste.
Deelance
Freelance marketplaces have become a place of active interaction between businesses and employees. Many companies and entrepreneurs prefer to hire specialists remotely rather than keep them on staff. Such cooperation can be limited to one-off tasks or move into a longer phase.
The Deelance project intends to make a revolution in this direction. The creators managed to combine the idea of freelancing and recruiting with cryptocurrency. On a modern platform with a fair and transparent economy, which the project team plans to realize, will be used its own coin. It will be used to make settlements. Thanks to the proposed technologies, transactions will be transparent and both parties will benefit.
Since the project meets the needs of business and freelancing, such a cryptocurrency can become very popular, and investing in it will bring a good income. In addition, now, during the presale period, there is an opportunity to buy Deelance at a reduced cost.
Among the advantages of the startup we should mention the following:
- Uniqueness of the platform for employers and employees.
- Transparency of transactions between participants.
- The great potential of cryptocurrency, due to the relevance of the direction.
Why Andrew Tate said that it is no longer possible to make easy money on cryptocurrency
However, it is worth returning to the eccentric millionaire Tate. This man believes that the time of “easy” money in the digital segment has passed. The profitable nature of such activities is gradually coming to naught. There is a period when earning money requires real experience and knowledge.
Tate urged not to believe those who talk about the ease of obtaining income from cryptocurrency. According to the specialist, these people will find themselves in a difficult financial situation, because they got rich thanks to a lucky coincidence, not their own skills.
It is noteworthy that Tate himself continues to “promote” his own courses, during which he teaches freelancing, cryptocurrencies, investing and business. In addition, the scandalously famous person positions himself as a hard-working guru. According to Tate, he wishes to make his students richer.
However, there are also big problems for the coach himself. Romanian authorities confiscated 5 BTC from Andrew. In addition, the scandalous blogger and his brother were deprived of other crypto-assets to the amount of $500 thousand.
It is no secret that Tate is suspected of organizing a criminal group and other atrocities. He is also known for his scandalous statements and is considered a misogynist. The entrepreneur is called “the scariest man on the Internet”.
Is it possible to make easy money on cryptocurrency
With all the ambiguity of Andrew Tate’s personality, his words about the impossibility of easy earnings on cryptocurrency should be taken seriously. Of course, the entrepreneur makes such statements to advertise himself and his own courses. However, these words are still not without logic.
Now is the time of people who understand cryptocurrency, rather than trying to get rich through random luck. In order to succeed, it is worth identifying projects with great potential and making favorable deals.
Of course, even experts are not magicians who can accurately foresee the future. Errors in forecasts and assessments are possible, so investors should realistically realize the risks and not look at interesting new products through rose-colored glasses.
Any project that seems to be reliable may “collapse” due to various reasons, but it may also “take off” above the expected positions. Therefore, whoever does not take risks does not get income from investments. However, investments should be well thought out.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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