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JarvoD t1_j6e8xw1 wrote

Wowee. Crypto is NOT a get rich quick. It is complicated and price gets less volatile and cycles last longer as time passes. You should only invest what you can afford to lose and invest smart, do your research. Don't expect short term profits, don't day trade. Find projects you think are robust and will increase in value in the future and be prepared to hold for a long time, potentially many years.

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rudy4206969 t1_j6ejei6 wrote

I used to make upto 300$ a day day trading bitcoin and shit coins when bitcoin was at 5k so it is possible

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thottwheels t1_j6et16c wrote

Still very possible but you have to invest more, if you can watch the market and have a decent sum to play with you can see returns almost everyday

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JarvoD t1_j6jv1ta wrote

That's simply incorrect

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thottwheels t1_j6k3vh5 wrote

Literally just turned 500 dollars the other day. If I had more money and time I could turn between 100 and 500 dollars at the very least once a week but probably closer to 3 times a week

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JarvoD t1_j6k44ow wrote

Careful 👍

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thottwheels t1_j6k7ckk wrote

Just don't invest money you're not prepared to lose and never sell out at a loss just have patience and wait for it to come back up; obviously it's not some magic button to wealth but if you ever want more for yourself than living paycheck to paycheck making barely enough to live a halfway decent life you gotta hustle and take every avenue for profit thats available to you and you gotta take risks. Been thinking about investing into silver and gold as well seeing as they're becoming very finite resources but need to research more into the market. I do agree with you that crypto is a risk and it's definitely not for everyone but saying there's simply no money to be made there is a straight up lie.

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JarvoD t1_j6fe38d wrote

That's great for you. I wouldn't recommend it to someone who just put what little savings they have into crypto having absolutely no understanding of the market or even what crypto is it seems

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