MultiversX Tracker is Live!

Not everyone in crypto will be millionaires

All Cryptocurrencies

by COINS NEWS 165 Views

I often see people in this sub talk about how if they just "HODL long enough" everyone will be millionaires! As much as we all wish this was true, it's not.

For you to buy a coin, someone else has to sell you that coin. This means that there it is fundamentally impossible for everyone to make a profit because if no one is buying the price doesn't go up and selling pushes the price down for others.

Plus you have to factor in that not every coin will hit it big or even be around in 3-4 years, especially the small cap coins or shitcoins.

Please be careful, contrary to popular belief crypto does not only go up.

submitted by /u/step11234
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments