Cryptocurrency mining may seem intimidating to many and be confusing with its high costs of hardware and tricky technical challenges. However, it opens some doors to new entrants: the mining of the easiest crypto to mine. This usually includes coins which can be mined using a common GPU, or even CPU, without requiring expensive, specialized gear. Although this form of mining may offer a small person only a thin slice of the pie, they can be a strong beginning point. A strategic miner realizes that these modest, persistent returns are not the end but in reality the seed capital to something much more profitable: making an investment in high-growth, early-stage deals, which are on a presale crypto list.
The Miner's Gateway
The pursuit of the easiest crypto to mine is a legitimate and reasonable way to enter the crypto environment with low barriers of entry. Some cryptocurrencies such as Monero, Ravencoin or Vertcoin are commonly ASIC-resistant, meaning that they can be efficiently mined using common consumer devices. It is also easy to enter and low cost of operation, which allows an amateur to create a passive flow of income. This is a stream of new capital in your crypto wallet without having to invest a lot of money or trade 24 hours on the market. It is an accumulation process which can be available to everyone.
The Compass of the Presale Investor
A presale crypto list refers to a select list composed of new, upcoming projects, which are preselling their tokens to early investors, before the official launching to the public. Such lists are priceless to an astute investor since they provide the possibility to purchase tokens at a greatly discounted price, usually before they undergo a significant price growth upon public issue. To the small-scale miner, a presale crypto list is a guide, pointing him or her to high leverage deals. Through reinvestment of the stable, though low, returns of mining the easiest crypto to mine, a miner can strategically develop a diversified portfolio of early-stage tokens, and reduce low-risk, low-return activity to a high-risk, high-reward investment strategy.
The Combined Strategy
The best way to go is to integrate these two worlds by acting as one and the same strategy. It is a roadmap that any individual wishing to begin small but build on his or her portfolio with purpose would follow.
Mine for Capital: The first step would be to continuously mine the easiest crypto to mine in order to have a constant stream of new assets. View this as a kind of dollar-cost averaging, in which you save up money to be invested at a later date.
Study the Presale List: Every now and then, review a presale crypto list to find those projects that have high fundamentals, an acceptable team, and a compelling use case. Find those projects that have a well-defined roadmap and a community.
Allocate and Invest: After you have a good project you have found, spend a part of your mined money to invest in the presale. This risk-reduction strategy does not involve your own money and will instead use your mining revenue to invest in a more growth-oriented opportunity.
With this approach, you are no longer trading crypto to gain but are into the world of strategic and future-minded investing.
A Note on Strategic Investing
The long-term success of any company, in such a fast-changing market, is never based on mere chance, but rests on good research, and a profound knowledge of the technology behind it. Always go beyond the headlines and the social media hype before investing capital into any type of digital asset. Look through the whitepaper of the project to see what the project has as a vision and technical basis. Research on the history and achievements of the team. Think about the well-being of its population, since an active and active user base is a strong indicator of the sustainability of any project in the long term. It is important to keep in mind that the digital space of assets is an opportunity with enormous potential as well as a space that needs a critical eye. When you approach the market with a strategic mind and due diligence, you can easily navigate the market and make informed decisions that would suit your financial objectives.
Conclusion
The first step into crypto may be a simple search of which crypto is the easiest to mine. But to the intelligent man that is but a beginning. With such steady mining gains as a catapult to a presale crypto list, an amateur can become an elite investor. The upside of this hybrid approach is that it enables a low-risk approach to raising capital and a higher leveraged approach to investing it in potentially life-changing returns.