Current Events > Exactly how profitable is crypto right now?

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Vermander
04/24/21 11:14:07 PM
#1:


Ive done done some research but is it really that easy to make a fortune?
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BilalPowell
04/24/21 11:14:58 PM
#2:


Extremely if you dont panic sell

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Vermander
04/24/21 11:16:04 PM
#3:


BilalPowell posted...
Extremely if you dont panic sell


Is it best to just buy bitcoin and sit on it for a few years?
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BilalPowell
04/24/21 11:19:10 PM
#4:


No guarantees for the future, but it's gone up from $15K to $50K over the past 3 years.

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AP3Brain
04/24/21 11:20:22 PM
#5:


It's like stocks but more volatile and random. You should not put a significant amount of your savings into it as it is essentially gambling.
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Vermander
04/24/21 11:22:58 PM
#6:


AP3Brain posted...
It's like stocks but more volatile and random. You should not put a significant amount of your savings into it as it essentially gambling.


Is it better to just invest in stocks? Ive saver some money and since I am 29 I am looking to max out my 401k and start investing to set myself up for later.
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EndOfDiscOne
04/24/21 11:27:52 PM
#7:


I put a significant amount of my savings towards it. So far its easy as long as you buy and hold.

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HODL
04/24/21 11:34:00 PM
#8:


There is a lot of talk about this being the start of alt coin season, but no one can predict the future. If it is, expect to see Ethereum and a lot of alt coins go on a crazy bull run.
Now is a good time to buy if youre looking to get in since prices might not be this low again unless we head into a long bear market.
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HODL
04/24/21 11:35:45 PM
#10:


Dont invest more than youre willing to lose. The big reason for this, IMO, is that you will be less inclined to panic sell during big dips.
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