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Is cryptocurrency really profitable ?
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[QUOTE="goodmoneygoodlife, post: 199692, member: 64084"] It's the standard high risk = high reward scenario with crypto. I wouldn't know what the risk-adjust returns (i.e. Sharpe Ratio) is. I bought some BTC back in 2018 to invest in a 'fund' -- got scammed and lost 66% of my $. But it rose so much that I still was able to come out ahead and earn some cap gains. I think in crypto investing you oughta keep these things in mind: 1. High reward = high risk. Don't throw all your money into it. You can easily lose all your money. 2. Crypto is extremely volatile, but if you think it'll go up long-term, only look at your account once a year. You need to have a very strong stomach to weather the +/-80% volatility though. [/QUOTE]
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