Is it worth trying to get into crypto?

[ey88]

How hard is it to make money?

 

[User28823]

what r ur goals

 

[ey88]

what r ur goals

Idk, make money, don’t know much about it rn

 

[Brus Wane]

Bitcoin tumbled to like 5k in 2019

I remember because I could have bought 2 full ones at the time and was considering but did nothing

I can't even afford to buy half today

Keeps me up at night sometimes

 

[poloralf]

Bitcoin tumbled to like 5k in 2019

I remember because I could have bought 2 full ones at the time and was considering but did nothing

I can't even afford to buy half today

Keeps me up at night sometimes

you didn't buy at 20k either so stfu, you can only fomo at the top then get used as exit liquidity.

 

[DeadmansWonderland]

The safest bet is going to be boomer investing advice. I went all in on crypto right before covid. Made gains. Then lost nearly it all for a slight net lost. All because I pulled out too late.

Currently, I kind of want to get back on it. But it seems like everything is in a bull run. Also, it seems like a lot of work. Watching the market and constantly trading shit to short seems to be the method. Or judging market trends. Which basically means you are doing this shit like a job. Rather than just throwing money into account and forgetting about it.

TLDR: Higher risk, higher reward. Harder in terms of having to pay attention and even then luck based somewhat.

 

[chudlite]

How hard is it to make money?

honestly right now i wouldnt recommend crypto right now, bear market is coming soon, these are my picks im going to get into once i get more capital, it’s basically AI and oil

ASML, IWM, PLTR, TSLA, USO

iwm is a odd pick but someone i consider knowledgeable recommend it so shit fuck it he knows more than me

 

[poloralf]

honestly right now i wouldnt recommend crypto right now, bear market is coming soon, these are my picks im going to get into once i get more capital, it’s basically AI and oil

ASML, IWM, PLTR, TSLA, USO

iwm is a odd pick but someone i consider knowledgeable recommend it so shit fuck it he knows more than me

bear market is coming soon ? wtf are you smoking

 

[Foreverbrad]

if you can take 20-30% losses without shitting yourself and not be too greedy to hold through the final top and bag hold then yeah

 

[chudlite]

bear market is coming soon ? wtf are you smoking

all markets eventually crash thats a given

 

[poloralf]

all markets eventually crash thats a given

yeah but you forgot that between now and the crash the greatest transfer of wealth in decades happens in crypto.