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Author Topic: Profit and Loss in Crypto Currency...?  (Read 2661 times)

Offline bitcoin-shark

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Re: Profit and Loss in Crypto Currency...?
« Reply #60 on: February 01, 2025, 05:50:22 PM »
I believe that cryptocurrencies, as far as trading is concerned, are a much more profitable sector than the traditional one. As far as scams are concerned, I believe that the percentage is the same for the two sectors.
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Re: Profit and Loss in Crypto Currency...?
« Reply #60 on: February 01, 2025, 05:50:22 PM »

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Offline Marivic27

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Re: Profit and Loss in Crypto Currency...?
« Reply #61 on: February 02, 2025, 06:37:11 AM »
Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.
Yes bitcoin is very high on volatility that is why it will make some investors loss and some investors earn profit,but we cannot control its price because it is decentralize and that makes bitcoin amazing, the problem why investors loss because they don't have enough patience to handle bear season they easily get disappointed and sell at loss and they end up lossing.
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Re: Profit and Loss in Crypto Currency...?
« Reply #61 on: February 02, 2025, 06:37:11 AM »

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Offline ajiz138

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Re: Profit and Loss in Crypto Currency...?
« Reply #62 on: February 02, 2025, 01:21:07 PM »
I believe that cryptocurrencies, as far as trading is concerned, are a much more profitable sector than the traditional one. As far as scams are concerned, I believe that the percentage is the same for the two sectors.
I don't know how much fraud there is in crypto and the commercial sector, but I also think it's the same in both of them there are people who intend to cheat.

So in any case we must remain careful, because for me there is no place that is truly safe in this world. Everything has risks and everything has the opportunity for many fraudsters to enter, so caution is the main thing.

 

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