Quote from: Mayor of ogba on Today at 06:08:41 AM

Quote from: adultcrypto on Today at 02:27:11 AM

Quote from: Winterfrost on November 23, 2023, 05:52:44 PM

At a certain point, there may be a need for an investor to delve into something that is certain to provide a faster return, perhaps in a short period of time.

If Bitcoin is not volatile enough to vomit the much needed quick profits, you might consider ponzi schemes that supposedly multiply your capital within few hours.

I do not agree with you on this because investing in Ponzi schemes is the same thing as investing in altcoin because you are not certain of making any profit from a Ponzi scheme, and the Ponzi scheme can crash at any time they see they have made enough money from investors. An investor who is not financially okay should start up a business or look for a job so that he/she will have another source of income to run his daily needs in live. By doing this, he/she can hold his Bitcoin for the long term because there is a business or job that is taking of his daily needs.

Sarcasm bro! I don't think there is anyone who does not know that ponzi scheme is an easy way to waste money. Their promoters have this nice way of convincing people to invest, such as telling them they will double their money within two hours and showing fake evidence of successful withdrawals, only to scam the victims.

A lot of shitcoins are even ponzi schemes in another format. They pump the market, giving huge profits to the early people and this will make more people to join only to be roasted at the end of the day.

My reference of ponzi scheme is just another way of saying that anyone not satisfied with Bitcoin is surely looking for shortcuts which is dangerous.