02-24-2022, 12:03 AM
Reality check: don’t go into Bitcoin expecting to become a millionaire.
<!-- SC_OFF --><div class="md"><p>We’ve all seen how the “100k EOY” influencers got rekt as we entered 2022.</p> <p>Even still, if Bitcoin reaches 100k that’s only 2x which is super impressive don’t get me wrong, but its not enough to make you a millionaire.</p> <p>Most people you see who made this much money in the crypto space basically got lucky investing in start ups that boomed.</p> <p>Some end up being scams and rug pulls, other prove to be a great investment. A trusted launchpad like Binance or even SolanaPrime since it has insurance backing would decrease those chances of scams a lot though.</p> <p>Bottom line is. Bitcoin is a very cool and safe investment. I love it. But if you want fast profits, you’re looking in the wrong place.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odd_Meeting5216"> /u/Odd_Meeting5216 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sziozv/reality_check_dont_go_into_bitcoin_expecting_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sziozv/reality_check_dont_go_into_bitcoin_expecting_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>We’ve all seen how the “100k EOY” influencers got rekt as we entered 2022.</p> <p>Even still, if Bitcoin reaches 100k that’s only 2x which is super impressive don’t get me wrong, but its not enough to make you a millionaire.</p> <p>Most people you see who made this much money in the crypto space basically got lucky investing in start ups that boomed.</p> <p>Some end up being scams and rug pulls, other prove to be a great investment. A trusted launchpad like Binance or even SolanaPrime since it has insurance backing would decrease those chances of scams a lot though.</p> <p>Bottom line is. Bitcoin is a very cool and safe investment. I love it. But if you want fast profits, you’re looking in the wrong place.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Odd_Meeting5216"> /u/Odd_Meeting5216 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sziozv/reality_check_dont_go_into_bitcoin_expecting_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sziozv/reality_check_dont_go_into_bitcoin_expecting_to/">[comments]</a></span>Kind Regards R