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Hi everyone,

Many times I do have this question pop up in my mind. Which one is better? Earning in currency or in crypto. During the bull period I always vote for crypto but during the bear market, you know I'll vote for currency and we all know why.

First of all, what is a currency? Currency is a system of money that is in general use in a particular country. Example is Dollars for the United state, Naira for Nigeria, Ghana Cedis for Ghana, Rupees for India etc. Due to tbe onset of web 3 and crypto, lot of people earn money online through currency and crypto. Me for one earn via crypto and so I might have been biased to let the market choose the one that it's best because at the end of the day, crypto has lot of advantages that currency doesn't have. Don't even let me start on Naira. It is a failing currency in my own opinion. Every day it drops and the value reduces which is very very disheartening. People work for amount that is not even enough for normal upkeep without talking about other expenses. Its hard to gather wealth and live an easy life in this financial condition where the rate of input is not equal to the amount of money they are being paid. If you're going to even earn in currency, it's far better to earn in better currencies like pounds and dollars. They appreciates and not depreciates.

Back to the question, in my own general opinion irrespective of the market (either bull or bear) earning in crypto is way better than earning in currency. Even if you don't want to invest, you will have to automatically when you earn in crypto. As an NFT artist, all the sale I'm making during this bear market is being saved for the bull market and same with my earnings here on hive. We all know at the end of the day during the bull market, the value will rise up. Which means earning in crypto automatically make you to invest in it. Also there are lot of other ways you can earn via crypto. You can learn to trade daily by studying the charts well, buy when it's a bit low and sell when it comes back up. It pains me I couldn't do that yesterday and today when hive went up and went down again today. I could have made little profit myself. But as we all know, this crypto stuff is very tricky. You might say it will go back down and it does the opposite by rising up again. This is where studying the charts very well comes to play.

Another way to earn money via crypto is by referring people. Some crypto trading platforms rewards people when they refer people to their platform using tbeir referral links. You can also stake your crypto and be earning interests on them but in overall, Holding is still the best option. The reason why as a Nigerian earning in crypto is way better is because when you hold crypto there is every tendency it will rise again but with Naira there is every tendency it will fall again.

In conclusion, it is way better to earn through crypto compared to earning in currency.

What is your opinion about this question? Please leave a comment in the comment section.

THANK YOU FOR READING MY BLOG TODAY, HAVE AN AMAZING DAY.

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