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Re: How to Make Money with Bitcoin and Crypto in 2022
by
Lucius
on 25/09/2022, 14:10:20 UTC
⭐ Merited by examplens (1)
- give over custody of your Bitcoin to a shady company (they're all shady, you just can't argue there)

I agree with you, but from the perspective of someone who wants to make money (in any way) those companies have found a way to convince someone to first buy Bitcoin, and then to send that same Bitcoin to them for safekeeping with the promise that it will bring profit. This shows that some investors are not only greedy, but that they are completely unaware of what they have really bought - because buying Bitcoin and giving someone a private key afterwards is not exactly something we can call an intelligent move (unless it is a gift).



Quote
How to Make Money with Bitcoin and Crypto in 2022

It would be much more correct to write "How to Try Make Money with Bitcoin and Crypto in 2022", because any method does not guarantee success. Even the simplest thing like "just hold" doesn't work for some, whether it's because someone hacks them in the meantime, or they forget where they saved the backup, or they panic and sell at a loss.