Bitcoin

[bobbie22]

I am curious to know how anyo ne makes money out of Bitcoin. I know it’s not a product but a crypto currency, what ever that means.

I am not intending to buy any. I would just like to know. Thank you

[jno]

buy when it's cheap and sell when it's expensive. Other possibilities here

https://paxful.com/blog/make-money-with-bitcoin/

[burlyshirley]

Wouldn't touch it with a barge pole ! Someone very close to me dabbled and lost £6,000 !!! He never bothered again.

[davebro]

As with shares etc. the trick is to buy low & sell high. If it goes down in the interim & you sell you will lose money.

[davebro]

/Royal Q which invests your money in crypto just like mutual funds and gives you 20-30% profit each month.//

If that's true everyone would be in it & it truly would be a bubble of galactic proportions!

[royfromaus]

ryanroy837
Same as the shares, but I recently found an application named Royal Q which invests your money in crypto just like mutual funds and gives you 20-30% profit each month.
____________________

That's a debut post of epic proportions.

[Vulture35]

Today there are many who earn on bitcoin. Many earned even at the start of the entry of this cryptocurrency into the world market. Even my neighbor makes money from it. He advised me to read an article in which you can find out [What coin to buy](www.napbots.com/guide/what-coin-to-buy). Maybe this information will be useful to many who are engaged in cryptocurrency.

[Vulture35]

history

[RingRaid]

It's an unrealistic question to answer at all. You haven't given us any input for that. How much money you have, how much you are willing to invest, for how long and how much you want to earn from it.
You also need to understand that you can make money on bitcoin not only from selling or buying the asset. For example you can be a miner (there is a detailed guide at https://cryptodaily.se), but the entry threshold is very high now and it will take you a few years to turn a profit.
Also now you can provide liquidity and get interest from it, it's quite a popular way of earning now and quite profitable, but very risky!
You can also just stack your coins on exchanges like Binance and get interest from it, but much less than through liquidity pools.
There are a lot of opportunities to make money in cryptocurrency now, all you need is your desire!

[andymoor]

I invested in Ethereum at $200. Still have my money in there.

I'm torn. I think it has great potential, but 99% of the coins you see out there are complete garbage and worthless.

I think eventually it will become a sizable portion of our economy, but the coin that will dominate likely hasn't been created yet. We are still looking at a bunch of almost useless test case currencies. They are not scalable, they are not regulated and they are not a functional replacement for standard currency at this point.

[Joshbaby]

Buy low, sell high ..
One can also make money by studying and trading the crypto market just the way Forex traders monitor stocks like gold..

In 2023, there are 1 million and one ways to be a passive crypto millionaire..