EDIT: This thread is about cryptocurrency as a whole, not just bitcoin. It seems like people cannot separate the two.
I understand the skepticism related to the cryptocurrency structure and future, but I’m interested in knowing why so many here seem to be completely against it, especially since it can yield some decent quick profits.
My philosophy is that if I can make a quick buck or two, I will. So, I determined how much money I could comfortably flush down the toilet, and then bought a bunch of cryptos that seemed to have valuable technology behind them. I did this knowing that I could lose every last penny I spent, but deciding I would leave it until it hits a specific profit, and then pull it all. So far, I’ve been in for 68 days and my profit is 350% of my initial purchase. I hope to see 700% before I exit the game.
So, my question is, why is there not more interest in playing the crypto market like this, with the goal of making some nice and quick profit.