There are definitely fake exchanges that can be set up in order to scam I guess. For instance investors signing up and transferring their money finding out that they are unable to retire it next or also using fake coins to push prices up.
I investe in march on ADA (not recommending it) but so far its been good, I staked it, from 300 euros to 800 euros now. than put my money on doge when it was only 0.04 and sold it at 0.29, in few weeks it got to allmost a dollar... but I made some money from 20 euros I invested into it... last mont I investe 10 euros in shiba, and sold when I got 50 euros... I invested a lot in solana too and it was my biggest success yet... overal I invested 500 euros and now have 700. made a lot of mistakes, bought shitcoins and such... overal I feel like investing more and just keeping. BAT VET XRB those are some other I gambled.
There are definitely fake exchanges that can be set up in order to scam I guess. For instance investors signing up and transferring their money finding out that they are unable to retire it next or also using fake coins to push prices up.
Crypto unlike real money is only worth as much as some.dude makes it so. There is no rules, no regulations and it is used like scums like Elon to bait people into spending obscene amounts of money on something that has value that can drop in a day to nothing
No wonder more nations are starting to ban crypto mining
thats what im doing now, putting 20 euros in each coin, and only selling them once its at least 10% higher. too bad I dont have time to do this , just two days ago missed doge and vet
The value of 'actual money' is also dictated by random powerful people. In itself, money has no value. Give someone a billion dollars and put them on an uninhabited island where absolutely nothing grows and they will see how useless their money is.
The value of 'actual money' is also dictated by random powerful people. In itself, money has no value. Give someone a billion dollars and put them on an uninhabited island where absolutely nothing grows and they will see how useless their money is.
I actually invested some money in 2 cryptos. Got quite a bit of profit (not too much but good enough for investing so little money and for my first time) so I took out some money and I invested it in another crypto. Gotta see how that one goes.
I actually invested some money in 2 cryptos. Got quite a bit of profit (not too much but good enough for investing so little money and for my first time) so I took out some money and I invested it in another crypto. Gotta see how that one goes.
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I am quite interested on that, wanna help out a fellow? Lol
The value of 'actual money' is also dictated by random powerful people. In itself, money has no value. Give someone a billion dollars and put them on an uninhabited island where absolutely nothing grows and they will see how useless their money is.
I've been using crypto and its not a safe investment for those who need the money for its EXTREMELY volatile. Been making some quick easy profits though.
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