Quote from: CK485 on Today at 12:55:31 AM

Quote from: Mia Chloe on August 14, 2024, 05:02:22 PM

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And to be able to make a lot of profits, you really need to invest a lot of money as well. And for sure, there are average joe like us here who are not willing to take that risk to invest our hard earn money on them.

Op you are actually getting it wrong here. Making profits in the whole crypto space especially with altcoins is something that is dependent on how much you understand the crypto space and not how much money you put into investing . This is because you could potentially lose a huge amount of money because you invested in the wrong crypto.

Crypto asset trading is a risky activity just like altcoins, but there is always a gap in making a profit, with the potential for continued growth not discouraging people from investing in it even though they know the risks they will face, even though altcoins have the potential for much greater profits compared to bitcoin, players in the crypto market are now starting to look closely at potential altcoins to get the profits they invest, but the right choice is the main key to success.

Its not about risk factor, its about investment with calculative risk. For these kind of investment u would need a big pocket. I still remember 4 years back when Defi stake was gaining momentum, a lot of these kind of scheme/ideas was gaining attention. They were promising 20-30% return in small span, which was tempting but absurd. I think its better to take risk in sports gambling if you are expert in particular sports or go traditional way i.e trading.

@prashant

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