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With my profit I try to re-invest in crypto and buy and HODL. I saw you mention staking, I staking Solana and been doing so for a year almost. I also HODL
BTC of course. Every coin i HODL have i bought with money earned from P2P-trading. I am on the way to install crypto payments in my weed shops.
Yes you could say I am a crypto addict. - Regards BabyB. 👼
The profits from P2P that you do can continue to accumulate the amount of assets you have, and it will be more and more.
I am also a P2P user and the price comparison with other sellers is only a little comparable.
You can take advantage of each price difference to make a profit.
But are you now using a P2P platform that exists on several major exchanges such as Binance, Huobi, Bybit, Kucoin etc.
Because each seller will compete with other sellers.
LOL, you have a marijuana shop, of course it would be a profitable transaction if the state legalized the sale of marijuana.
And for Solana staking that you do, of course it can provide great profits as well.
But you have to look at what Solana cost a year ago and what percentage you earned from staking.
You also need to have a Fiat reserve to buy back when the price is crashing.
I am not using anyone of Binance, Huobi, Bybit, Kucoin.
If you want to know I can tell you if you send me a PM. But as I said before I don't want to do any commercial.
Yes, lol I got myself some weedshops yea, good profit if you run it right, alot of competition but you need to set goal for the right audience.
Best way to earn money in P2P is to find payment options nobody rarely use, I know some you can make 15% in profit each sale.
The competition is hard even here, but here you also got scammers to look up for.
Be careful with trading. It is not a steady source of income and may lead to losses. Better option in my opinion is long term investing jn Bitcoin. It is much safer though the returns will be less. But you have to consider risk taken also which is very high in case of trading.
False. P2P-Trading is the most steady income out there since you never will have to look at the market value, since you sell the same day you buy. Please explain the risk with that?
It's much more risky to invest long term IMO, but of course I also invest long term as i stated in this thread I HODL some coins.
IMO you should do both, you don't need to choose one, do both and make money on both ways. Easy. Simple. Good.