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Have you invested in Crypto to make money?

  • Thread starter Thread starter Shortie
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Probably, I'm a cryptocurrency trader and have actually made a lot of profit from cryptocurrency. I also made some losses due to some bad decisions I made but I have learnt my lessons.
 
I am investing in banks though the profit is small but I have trust in it than crypto because the dip in the market has been remained for a long period. Also I invest on many online banking platforms.
 
Smiles20 said:
The primary reason why I am investing in cryptocurrency is absolutely to make money and nothing else. I understand that technology is also good but that will be after I have made money.
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All people who invest in crypto want to make money from it but they are not aware of reality that why crypto is making money for them, it is because of the projects behind them.
 
Emmy said:
I am investing in banks though the profit is small but I have trust in it than crypto because the dip in the market has been remained for a long period. Also I invest on many online banking platforms.
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How exactly do you invest in Banks?. do you get some profit after making the investment for a year?. I would appreciate if you will give me concise information of how that works.
 
No, i've never invested in crypto currency to make money. This is because i'm scared of taking risks and also because i do not have adequate knowledge about crypto currencies. I don't want to rush into it.
 
I am investing in about three cryptocurrencies. The major reason why I engage myself in investment is because of profit. I want to make more money.
Skysaint said:
Lol. Aside making money, what other reasons do we have for making investments in general not just about cryptocurrency. Yes, I have more than once invested in the market with the aim of getting returns on my investments.
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Ronny_4son said:
I have invested money in cryptocurrency, and so far it has been full of ups and downs. Overall, I have obtained a net profit which is positive, especially given that crypto is so unpredictable
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This is actually what happens when you buy and hold cryptocurrency and wait for it to appreciate before you sell so that you can make profit. There is always going to be ups and down in the value of what you have in your portfolio unlike when you are just trading cryptocurrency.
 
Even though I started using crypto since 2016, I never considered investing in crypto until 2020. I invested heavily in 2021 when most of the crypto assets reached all time high. The market is down since a long time and I am at loss.
 
My first time investing was to make money, but I didn't realize how fast my investment was going to drop. I invested a small amount around $60. I know not much, but I wanted to test the waters before I put anything major. Well months later, that worth dropped down to $20 and I decided to get whatever I had left and just cashed out.

I would invest again, but it'll be a while before I give it a try.
 
Nomad said:
Even though I started using crypto since 2016, I never considered investing in crypto until 2020. I invested heavily in 2021 when most of the crypto assets reached all time high. The market is down since a long time and I am at loss.
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It is actually very good that you didn't rush investing in cryptocurrency because whenever you do so without having good knowledge on how to go about such investment, it is always going to result in losing your money in that cryptocurrency investment. But I can boldly say that all of us who held cryptocurrency coins lost money with how down the price went over the years now.
 
I have been involved in Crypto since 2019, so as you can imagine I have made money and I have lost it, like everyone I entered this ecosystem to make money, right now I think I am almost at the same point that I entered, with a balance between profit and loss for not having reduced exposure on time, but for the next bull market the lesson has been learned.
 
I've invested in cryptocurrency for over 8 years. I've had my winning and losses too. I've never seen anyone who invested in cryptocurrency and never had a loss. The person doesn't exist. Solana is the coin which paid me so much. It have outperformed Ethereum and Binance Smart Chain (BSC) with 14% growth.
 
I've invested in cryptocurrency and it has really made me enough cash but I guess I'm taking a break as it's not really giving me the results I expect recently. I will definitely.ake investment soon because of the Bitcoin halving.
 
Crypto has lost 50 percent of the value compared to what it was in November 2021. If you invest in crypto in a hope to sell it for higher prices, it might take a long time. However, if you invest in cryptos and put your assets into staking or reward pool, you will earn passive income. This is the best way to earn through crypto investment.
 
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