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Who makes the most from cryptocurrency?

  • Thread starter Thread starter Grant
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Grant

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Who would you say makes the most from cryptocurrency today? Is there one or more people out there who have the most wealth in crypto? Maybe it's bitcoin or some other crypto currency. Is there a list of the most wealthy in terms of crypto? Or is it more private than we know?
 
It is difficult to say definitively who makes the most from cryptocurrency today. However, there are a few people who are known to have made significant profits from cryptocurrency investments, such as Changpeng Zhao (CZ), the founder and CEO of Binance, and Brian Armstrong, the founder and CEO of Coinbase.

There is no definitive list of the wealthiest people in terms of cryptocurrency. However, there are a number of websites that track the wealth of cryptocurrency investors, such as CryptoCapitlist. CryptoCapitlist estimates that the top 100 cryptocurrency investors have a combined wealth of over $100 billion.
 
I would honestly say that they are the people in charge of the largest cryptocurrency exchanges, the creators and developers of the largest cryptocurrencies in terms of capitalization and financing, and also many of the institutional investors and investment funds related to the crypto market, although these are just assumptions.
 
riberet19 said:
I would honestly say that they are the people in charge of the largest cryptocurrency exchanges, the creators and developers of the largest cryptocurrencies in terms of capitalization and financing, and also many of the institutional investors and investment funds related to the crypto market, although these are just assumptions.
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It does make you wonder though right? Because even Bitcoin has to have some leader out there who has the most of it. I figure the people who are the most wealthy are the ones who start the cryptocurrency.
 
Grant said:
It does make you wonder though right? Because even Bitcoin has to have some leader out there who has the most of it. I figure the people who are the most wealthy are the ones who start the cryptocurrency.
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I have thought about it many times, if bitcoin had someone secretly behind everything and not the famous satoshi nakamoto that everyone talks about, surely there is, it would be very strange if the developers have not profited in some way from said invention.
 
It's very hard to say unless someone reveals how much they have in saved in their cryptocurrency portfolio. As a result of the anonymity of cryptocurrency, there's no data base to look up who's the richest in cryptocurrency assets. It's assumed Elon Musk is one of big guys in cryptocurrency assets record holders.
 
There are obviously those who make more money from the idea of cryptocurrency and they're mostly the cryptocurrency whales and they're able to do this because somehow they influence the market to their favour.
 
A lot of people have this wrong notion about crypto, they believe that crypto will give power to common people as it is decentralized money and it will help them become rich. Well, you need a substantial amount of money to mine, invest, or trade crypto and only rich people are able to do it.
 
The owners of cryptocurrencies Exchange are likely to be highest earners in cryptocurrency. I know that some investors have millions of dollars in cryptocurrency but they can never beat what cryptocurrency exchange have made so far in the cryptocurrency industry.
 
Grant said:
Who would you say makes the most from cryptocurrency today? Is there one or more people out there who have the most wealth in crypto? Maybe it's bitcoin or some other crypto currency. Is there a list of the most wealthy in terms of crypto? Or is it more private than we know?
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If you are asking who makes the most on cryptocurrency, then I believe the traders are up there in the list. They have the tendency of making more money in a day as long as their trading phase went well as planned.
 
Henrywrites said:
If you are asking who makes the most on cryptocurrency, then I believe the traders are up there in the list. They have the tendency of making more money in a day as long as their trading phase went well as planned.
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Unfortunately, it's not all traders that are always making money from their daily trades in cryptocurrency market. Even professional experts in cryptocurrency trading have serious bad days they would practically lose any trade they go into. I have been there several times and I won't lie to you, it's not funny at all.
 
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