Thats why you can make so much money off of it. Its pretty predictable it goes through cycles. Look at a chart of it. It goes way down then a few months it shoots back up. And its not hard to know when to invest because it will literally be going up by 10% - 30% day for a few weeks straight.
and you can loose money with it as fast as you can make money with it... The older people have seen this happen many many times...
The base idea behind crypto coins has some value; and I suspect that at some point they will all come crashing down to their actual value as a monetary instrument. That decline could be very rapid.
Whys old ppl all against crypto
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The value fluctuates too much, which is why I'm reluctant to invest in crypto.
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Anonymous Post Author
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Thats why you can make so much money off of it. Its pretty predictable it goes through cycles. Look at a chart of it. It goes way down then a few months it shoots back up. And its not hard to know when to invest because it will literally be going up by 10% - 30% day for a few weeks straight.
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olderdude-xx
2 years ago
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and you can loose money with it as fast as you can make money with it... The older people have seen this happen many many times...
The base idea behind crypto coins has some value; and I suspect that at some point they will all come crashing down to their actual value as a monetary instrument. That decline could be very rapid.