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Author Topic: Which industry is making money?  (Read 1545 times)
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January 06, 2025, 07:34:07 PM
 #41

I don't have specific data, but my big guess is gambling - particularly online gambling. The thing is, even when the economy struggles, the gambling industry keeps thriving. That’s because both the poor and the rich continue to gamble, and no economic situation seems to shake this industry.


Definitely this is how I see it too, amidst all the economy hardship and struggles the gambling Industry still make lots and lots of money and I agree to that, looking at the rate of gamblers both online and offline they keep the gambling activities on, and this is because some gamblers think gambling is the way out of this situations so they keep it on, and the more they do so the industry is at advantage of generating more wealth and money and this increasing the rate of gambling in the society.
This will only be enriching the gambling platform owners and impoverishing majority of the gamblers who gamble all the time. It is more like collecting from the poor to enrich the already rich people.

 The data about which industry makes the most money will differ from country to country, but if I'm to look at one universal industry talked about by almost everyone in the world, then that should be crypto. Crypto, especially bitcoin is not designed for selected few. Everyone who have successfully invested in bitcoin have something good to testify about it. For some people living in countries with low job opportunities, bitcoin is their saviour over there. Right now, bitcoin is one of the most attractive assets in the world which has also drawn the attention of the governments to it. People, I mean lots of people all over the world are making money from hodling, trading and mining crypto.

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January 08, 2025, 07:31:41 PM
 #42

I don't have specific data, but my big guess is gambling - particularly online gambling. The thing is, even when the economy struggles, the gambling industry keeps thriving. That’s because both the poor and the rich continue to gamble, and no economic situation seems to shake this industry.


Definitely this is how I see it too, amidst all the economy hardship and struggles the gambling Industry still make lots and lots of money and I agree to that, looking at the rate of gamblers both online and offline they keep the gambling activities on, and this is because some gamblers think gambling is the way out of this situations so they keep it on, and the more they do so the industry is at advantage of generating more wealth and money and this increasing the rate of gambling in the society.
This will only be enriching the gambling platform owners and impoverishing majority of the gamblers who gamble all the time. It is more like collecting from the poor to enrich the already rich people.

 The data about which industry makes the most money will differ from country to country, but if I'm to look at one universal industry talked about by almost everyone in the world, then that should be crypto. Crypto, especially bitcoin is not designed for selected few. Everyone who have successfully invested in bitcoin have something good to testify about it. For some people living in countries with low job opportunities, bitcoin is their saviour over there. Right now, bitcoin is one of the most attractive assets in the world which has also drawn the attention of the governments to it. People, I mean lots of people all over the world are making money from hodling, trading and mining crypto.
Yes, but cryptocurrency is not the only industry that is growing and successful whole the World. Textile industry is also in high demand and in every country that industry is growing because every country need cloth and cloth products and countries are selling the items in the forest countries and they are earning good. Education industry is also at top because that industry is growing and in most of the countries of World that is common business because that is for educated people.Many people want to be rich person,So they are working on creative things because creative things could make them rich. We saw when a person developed new idea ,he became successful person and now we need more industries in our countries if you want to get big success.











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January 08, 2025, 09:02:25 PM
 #43

They say the economy is bad, but where's all the money going? Which industries are still making money?

My answer is that the industry that keeps going is the pharmaceutical industry. You will not find this industry going bankrupt anywhere, even in a fairly underdeveloped country. When you open a drug store, you will always make a profit. When there is a financial crisis, an epidemic, a natural disaster, etc., you still find money flowing in there.

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January 08, 2025, 09:45:24 PM
 #44

They say the economy is bad, but where's all the money going? Which industries are still making money?

Looking at the current times, I would say gambling ads has spread a lot all over the social media. So most probably, gambling industry is making it big this time, even  last year since we can already gamble even at the comfort of our home through online casinos. Also, I see e-commerce is making its name as well. It's very popular here and there, no wonder why a lot of people are very hooked in it.

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January 08, 2025, 10:06:46 PM
 #45

The answer may go back to the conditions we live in but certainly where the money goes it will not be separated from several factors such as increasingly sophisticated technology, crypto and ultimately gambling.
In the country I currently live in, gambling in recent years has increased rapidly and maybe even the revenue for gambling sites has even exceeded the imagined expectations so that in the end gambling can become one of the industries that is indeed the biggest flow of funds for citizens in my country even though gambling in my country is still illegal.

In addition, crypto is also taking a role for now where the development of bitcoin which is getting better and better makes the situation for crypto finally getting better and it can also be one of the most profitable industries for now especially a lot of beginners who start with the investment or trading they do.


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January 08, 2025, 11:26:40 PM
 #46

They say the economy is bad, but where's all the money going? Which industries are still making money?

Looking at the current times, I would say gambling ads has spread a lot all over the social media. So most probably, gambling industry is making it big this time, even  last year since we can already gamble even at the comfort of our home through online casinos. Also, I see e-commerce is making its name as well. It's very popular here and there, no wonder why a lot of people are very hooked in it.

It seems that you are making judgments and assessments based on what you see from your personal experience only. In fact, many sectors are still able to make profits even in times of crisis. These sectors can be classified within the framework of vital sectors that meet the basic needs of any individual. For example, do not imagine that the food industry sector will have a lower return on the overall assessment level than the gambling industry, even if we consider that the gambling industry is profitable under all circumstances.



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January 10, 2025, 05:41:49 AM
 #47

They say the economy is bad, but where's all the money going? Which industries are still making money?

Let me highlight most of the major industry that is making money :Currently our music industry is not doing bad at all, they are really on top of their game, representing us on the global stage. And am sure real cash is coming out from there.


Secondly, the online gambling sector, eg: naija bet, bet king etc. It will sock you to know how lucrative and monetary it could be. There is real money been made from that angle.

Thirdly, our transportation sector is not doing badly at all, major funds is been raised from that angle, name it. There are more to say but these is what my time permit for now.

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January 10, 2025, 11:40:10 AM
 #48

They say the economy is bad, but where's all the money going? Which industries are still making money?


In the country where I live, the biggest money is earned by officials and IT specialists. These are literally two elite castes that earn such good money that they can easily afford to travel and buy expensive apartments and cars. Everyone else can't do that. So I will say that there is plenty of money in the two above-mentioned spheres. At the same time, engineers, doctors, and teachers are in poverty. And the situation is the same throughout the country and in neighboring countries too. Unfortunately, such injustice.

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January 10, 2025, 12:05:33 PM
 #49

I don't have specific data, but my big guess is gambling - particularly online gambling. The thing is, even when the economy struggles, the gambling industry keeps thriving. That’s because both the poor and the rich continue to gamble, and no economic situation seems to shake this industry.
Technically industry that make the customer to get addicted is really promising industry, it could be gambling, porn (prostitution, only fans, porn comic etc), drugs, alcohol etc. Online gambling is still promising because many governments are still not really tight with their regulation.
it might be the most profitable because you can be rest assured that there will always be customers no matter what but you have to think that these industries are the ones that the government restricts the most a lot of these industries are discouraged by the government, prohibited in a certain place or time or to certain demographic, sometimes outrightly banned from the country so if you want to be in any of these industries and it is banned from the country you would be essentially doing something illegal and that is not an easy kind of thing to do the consequences at least for me far outweigh the potential money it could make
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January 10, 2025, 12:25:53 PM
 #50

The global economic condition is indeed experiencing inequality between countries, even some industries are still making money, some are experiencing a crisis, but it could be that only a few parties benefit from it, while many have not felt it. As a result of the impact of all that, there is economic inequality and policies that are more in favor of the wider community.
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January 10, 2025, 12:29:35 PM
 #51

They say the economy is bad, but where's all the money going? Which industries are still making money?


Some investors take profit or invest on safer assets like Gold, Treasury bonds and fiat while still waiting for perfect opportunity to enter again. It’s not like crypto that the market just shifting from Bitcoin to Altcoins or vice versa.

Global economy is composed of wide range investments which people usually skip investment during market downtrend.

There’s no fixed industry that making profit  during bloody market but I believe stable assets is the most popular investment during these days.

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January 10, 2025, 12:42:31 PM
 #52

The global economic condition is indeed experiencing inequality between countries, even some industries are still making money, some are experiencing a crisis, but it could be that only a few parties benefit from it, while many have not felt it. As a result of the impact of all that, there is economic inequality and policies that are more in favor of the wider community.
If we look at it globally, which means it is very comprehensive for each country, there is always inequality in economic conditions, but companies that can still make a profit will certainly not feel this because they only think about their own conditions. Meanwhile, for companies or parties who experience losses, of course they themselves also have reasons why they experience losses because not all of these losses must be associated with the inequality of the current world economic conditions. Although the condition of economic inequality between developed countries can also affect economic conditions to become worse.

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January 10, 2025, 01:06:52 PM
 #53

They say the economy is bad, but where's all the money going? Which industries are still making money?
The crypto industry is still one of the best places to make money and there may be many people who are starting to consider this industry to make money and especially for bitcoin which is currently starting to be considered as a reserve by several countries and large companies. If asked where the money goes in a bad economy, maybe no one can guarantee because we never realize and never analyze where the money goes.

But in the current economic conditions the crypto industry is one of the places that may need to be considered and especially bitcoin is one of the best investments that can maintain the value of the money we put in it and that is in accordance with what most people are looking for.

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January 10, 2025, 02:44:42 PM
 #54

Industries that making money is something that related to human being. That could be a product that will be the main needs for human such as food, cloth, home, financial, health, oil and gas and some others. But that will depend on each country because there is a differences what the needs on their countries.

Crypto are also grow and many developers making money from their project. But we don't have accurate information about this and maybe you can ask to the government what industries are still making money in your country.

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January 10, 2025, 03:03:32 PM
 #55

Different countries are going through different economic downtimes but I know the tech industry is making money. A lot of people are hopping on tech skills, especially this new year I'm seeing a lot of training and classes on tech skills. The oil and gas industry is making money, the solar industry is making money.

Just because you are not actively seeing the money in your corner does not mean it's not flowing, a huge amount of money is flowing in different sectors, the transportation industry and the agricultural industry.

It's just that it's not circulating properly, the rich are getting richer the poor are getting poorer if you don't strive to be among the rich then you wouldn't even know that there is money in the country. 
So the thing is to magnet the opportunities to make money from whatever industry or sector you choose because there is money it's just improper circulation.

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January 10, 2025, 05:53:49 PM
 #56

Counterstrike skins market is making big money as e-sports in general. In 2023. total value of CS skins on all markets was estimated to 4.1 billion USD. To me it is sign of civilizations collapse to value that so much.

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January 11, 2025, 04:07:05 PM
 #57

They say the economy is bad, but where's all the money going? Which industries are still making money?
The crypto industry is still one of the best places to make money and there may be many people who are starting to consider this industry to make money and especially for bitcoin which is currently starting to be considered as a reserve by several countries and large companies. If asked where the money goes in a bad economy, maybe no one can guarantee because we never realize and never analyze where the money goes.

But in the current economic conditions the crypto industry is one of the places that may need to be considered and especially bitcoin is one of the best investments that can maintain the value of the money we put in it and that is in accordance with what most people are looking for.

We also need to add that, although cryptocurrencies are considered a good place to make money because they can generate huge profits quickly and help us improve our finances or become rich . But besides that , it also contains many pitfalls and risks that can make us lose money or worse, go bankrupt if we do not have enough knowledge .

Overall, when comparing cryptocurrencies to traditional sectors, cryptocurrencies have the potential to generate higher returns but also come with more risks . Therefore , anyone who wants to try their hand at cryptocurrency needs to know that it is very risky and requires a lot of trade-offs, making money from it is no easier than other traditional fields .

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January 12, 2025, 01:44:59 PM
 #58

They say the economy is bad, but where's all the money going? Which industries are still making money?

Obviously, money is now safe within the hands of the corrupt leaders sitting in the government. While the citizens turn poorer, these greedy government officials are living their lives comfortably from the expense of people's money. As long as they stay in their position, the country's economy will never experience current progress, but will be even more drown into debt.

Your opinion is right, money will be easily corrupted by individuals who still serve in government because it is easy to cover up or play behind the scenes by inserting a budget that is not in accordance with the reality in the field and the community will suffer.
Yes, that's right, in general it will only enrich themselves for officials who commit corruption and the government will not progress but will instead be increasingly destroyed.

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January 12, 2025, 05:58:28 PM
 #59

Oil, I have only seen it drop a lot during the pandemic but then it's the first to recover after all the devastation that that virus brought to the world.

Obviously, money is now safe within the hands of the corrupt leaders sitting in the government. While the citizens turn poorer, these greedy government officials are living their lives comfortably from the expense of people's money. As long as they stay in their position, the country's economy will never experience current progress, but will be even more drown into debt.
Sad but true. If people from the developing nations are telling that the money is in the hands of their corrupt politicians, they're telling the truth. Many of these politicians are greedy and they can't stop themselves from touching people's funds instead of using it for the good and betterment of their constituents.

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January 12, 2025, 08:03:35 PM
 #60

My answer is that the industry that keeps going is the pharmaceutical industry. You will not find this industry going bankrupt anywhere, even in a fairly underdeveloped country. When you open a drug store, you will always make a profit. When there is a financial crisis, an epidemic, a natural disaster, etc., you still find money flowing in there.

There are a lot of country that are making money and they are able to deliver to people exactly what people want and I will say that one of the biggest industries that make more money is agriculture because this is somthing that people can not even do without, no matter how bad it is people will still eat, because is not every time that people do fall sick so as for me food is still the biggest.

It's true that you don't find them going down, because of the improved everything that we consume, and almost everything we eat now as chemicals and causing a lot of sickness, and we spend a lot of money to treat our self and this why, they keep making a lot of money and if you should interview a drug store owner you will know that they are making money.

And this is another investment that I will love to do because of how demanding it is, and no matter how small people will still patronize you and together with investing in agriculture.

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