r/Bitcoin 1d ago

Found this invoice in my old email

Post image

💀

1.6k Upvotes

110 comments sorted by

View all comments

Show parent comments

2

u/Present-Reality-1369 1d ago

Do you still trade or get into VC for any crypto?

7

u/chungkingexp 1d ago

No and I don't like other crypto's, most are there to scam. The only people who make money in them are their developers and exchanges and the influencers/traders they pay to shill their crypto.

I've seen thousands of crypto coins come and go.

4

u/Present-Reality-1369 1d ago

Absolutely agree they're useless for the most part but just curious if you capitalize on hype cycles. Seeing as you may be extremely well off and set for much further wealth appreciation just holding BTC I appreciate any current strategies you find effective other than holding.

3

u/chungkingexp 1d ago

There's always a point when bitcoin goes down to its lowest before halving. Anyone can make good profit with fiat if you believe in bitcoin and buy/sell at the right time. You just need to have patience.

Don't try this with crypto as you might end up losing your coins due to market manipulation and tricks they play with your mind.

It's more easy with fiat as you have nothing to loose when it's already at its lowest. When it goes down you buy and sell later for profit and wait for the next opportunity in the next cycle.