How do people make money from crypto?

1.15K 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

They “cash out” the cryoto eventually

Basically crypto as a currency is almost useless, you can’t go to the store to buy groceries or pay your rent with it

You can however, sell it to someone for real money and the process repeats with the next guy except the next guy tries to sell it at a higher price.

Basically it works like making money from selling anything.

You are viewing 1 out of 26 answers, click here to view all answers.