How do people make money from crypto?

1.13K 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

Buy low, sell high.  Sounds easy, but it isn’t always, generally because fear or greed gets in the way.  Buy BTC when everyone says that’s it, its dead and will never pump again – scary time to buy.  Sell BTC when everyone says this is the dawn of a new era BTC will hit $1000000 – people get greedy here and hold until it drops below their original buy.   

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