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Topic: I want to understand cryptocurrency - page 2. (Read 273 times)

legendary
Activity: 2062
Merit: 1035
Fill Your Barrel with Bitcoins!
October 23, 2024, 12:17:43 AM
#3
Crypto is not easier to make because it's crypto. $1000 worth of BTC is still worth $1000.

It would be easier to get a job, save $6000 to buy BTC versus try and get rich quick using crypto.

Crypto is like digital Gold. Limited supply, high demand. How would you acquire gold? You would buy it or barter for it. Same with crypto. Sure the value of gold goes up over time, sometimes down. Same with Crypto.

You're not going to get rich, it's best to keep working, save and invest.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 22, 2024, 06:04:35 PM
#2
If that's how you think how crypto works, you're doing it the wrong way. There is no shortcut in here and you're likely to fall for such scams with that quickened mindset that you can earn that much.

I tell you, it's possible but just like the stock holders that have hefty about of existing stocks and investments already, they can earn that quickly through volatility.

And the same goes for holding BTC or cryptos through holding and just waiting for the price to move positively but for someone who's starting out, you're unlikely to get that in a short period of time.
?
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October 20, 2024, 02:34:20 PM
#1
Hi. The other day I got interested in cryptocurrency because of the urgent need for money, the amount is small (6000$), but I would like to know ways how you can make such money in a short period of time, maybe some literature to read?
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