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I want to hear from the people who didn't lose money in the past two months trading crypto.
There are plenty of people making a lot of money right now. Bitcoin is fluctuating between certain values, and people are exploiting this. It keeps hitting 30k, because people are buying back at this price. How much to sell for is a different matter, but if you're selling at 33k and buying at 30k you're doing fine.
I'm not a trader, I'm a holder. I think I'm missing opportunities but I don't want to take risks when I'm pretty confident that there will be new all time highs in the future. I'm happy with a passive income.
but right now I really don't see the value beyond black market and tax evasion stuff, and that's going to get shut down hard the moment it gains any real traction.
It's protection from hyperinflation of fiat, too. If the dollar shits the bed, money will pour into crypto (and gold). And of course there will be real world use in the future. It's already a means of exchanging money across borders without any hassle. Of course you don't need 8000 coins to do this, but many coins will all have real world functions.
What use does gold have as a commodity? Crypto is basically digital gold, only a lot more volatile.
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