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leah305 · 3 years

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Why do some people make money by investing in cryptocurrencies, while some people always lose money? Maybe you should read this article well!

We all know that the birth of Bitcoin created the birth and development of the blockchain. Bitcoin is the originator of cryptocurrency. Because of its emergence, people discovered the blockchain, and Ethereum promoted the development of the blockchain. , Provide the underlying protocol of the blockchain, and provide the basic code for the future development of the blockchain. As a result, many cryptocurrencies are developed based on the Ethereum platform.

Many people have heard of cryptocurrencies, and most of them started from the skyrocketing price of Bitcoin. I have to say that many people do make a lot of money by investing in Bitcoin. Initially, its price was less than $0.1. Today, its price has reached 55,000 US dollars,

You can think about it, if you invested $100 to buy Bitcoin ten years ago, how much money would you make today. In fact, this is normal in the world of cryptocurrency, but how many people invest in cryptocurrency now? Will currency lose money? Is this market broken? Or is it more difficult to make money from investing in cryptocurrencies?

In fact, the main reason is still because:

First: Most people want to make a lot of money quickly. They are impatient. Using high leverage to trade contracts， it's very risky. I think most investors lose money because of this.

second:

Many people don’t understand cryptocurrency at all. When they see low-priced coins, they buy in large quantities. After buying, when the price drops, they will be sold. If you don’t learn the technical logic behind cryptocurrency, is it valuable enough? , Or whether there is enough attention, this is the key

third:

Currently in the world of cryptocurrency, there are many scams. Some people will say that you can buy mining machines for free in Bitcoin or other currencies. Most of them are scams. If you trust them because of this, you will lose more. a lot of money!

Finally, valuable cryptocurrencies need time to grow. It took ten years for Bitcoin to rise from $0.1 to $55,000, but most people sold it a long time ago, so it is difficult for them to make more money.

I am optimistic about cryptocurrency because its emergence will help people solve current problems. If you were in the United States ten years ago and wanted to send money to an Australian friend, it would take a long time to complete and you would have to pay a high amount. At the same time, the amount of remittance cannot be too large, it will be strictly reviewed, but now, if you transfer cryptocurrency to him, this problem can be solved in 1 minute. Very convenient! And safe and legal!

I think that in the future, the development of cryptocurrency will get better and better. Of course, this is a good opportunity for us who are now involved in investing in cryptocurrency, because we can make money from cryptocurrency, which is the most important.

If you are also interested in cryptocurrency, or you also invest in cryptocurrency, maybe we can have in-depth exchanges!

Or you can add my Whatsapp: +60 11-2174 1662

#business #cryptocurrency #BTC #investment

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