How do people make money from crypto?

1.12K viewsEconomicsOther

And I mean LITERALLY explain like I’m 5, I literally know nothing of the technical terms and such

In: Economics

26 Answers

Anonymous 0 Comments

You buy a toy for 5 dollars. You (or anything else) convince someone else that it’s really cool and will totally be worth a lot in the future, so buying it from you for 10 dollars is a great deal

You made 5 dollars overall and until it crashes, the next guy might make some money too

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