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pandamonium
Master
- Joined
- Sep 27, 2024
- Posts
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Most people who make money from crypto already have high income. There is literally no difference between just spending money at the casino than crypto. If anything the casino might be better cause 99% of cryptocurrencies are curry pump and dumps. Bitcoin isnt like other cryptocurrencies, bitcoin doesnt have a producer or leader, the rest is company products that are always going to constantly fall and rise based on how well the company is doing or just “projects” (which in crypto terms just means rugpulls). Everything besides bitcoin is just gambling. Just hit up the casino boyo
Yes there are many opportunities in crypto im not saying you cant make lots of money in it but if you think youll make money anytime soon then jfl. 90% of people who do this end up losing money. Crypto is long term. Invest 50-100$ a week or per paycheck into crypto but diversify it dont put it all into one or you are just gambling, atleast if you invest into multiple you sort of are arbitrage investing since atleast one probably isnt going to be a curry rugpull
Also jfl at daytrading, daytrading will not make you rich. Most people who daytrade quit within a year cause they are losing thousands per month. Arbitrage trading is also a cope, you will make like 3 cents a day (even assuming you dont get fucked by the tax of the trade). Anything else will have a low liquidity so dont even bother with anything outside of coinbase, binance and maybe kraken
if you arent willing to hold for 10+ years and continously lose money until then dont try crypto, you will go homeless
Yes there are many opportunities in crypto im not saying you cant make lots of money in it but if you think youll make money anytime soon then jfl. 90% of people who do this end up losing money. Crypto is long term. Invest 50-100$ a week or per paycheck into crypto but diversify it dont put it all into one or you are just gambling, atleast if you invest into multiple you sort of are arbitrage investing since atleast one probably isnt going to be a curry rugpull
Also jfl at daytrading, daytrading will not make you rich. Most people who daytrade quit within a year cause they are losing thousands per month. Arbitrage trading is also a cope, you will make like 3 cents a day (even assuming you dont get fucked by the tax of the trade). Anything else will have a low liquidity so dont even bother with anything outside of coinbase, binance and maybe kraken
if you arent willing to hold for 10+ years and continously lose money until then dont try crypto, you will go homeless