How come we have been using credit cards, debit cards, cash app, etc for years but people are still skeptical of crypto?

[ba'al]

I think for me it's because Crypto is unregulated.

I don't want to support or throw money into Crypto and the shyt end up being a rug pull or going bankrupt like FTX.

At one point I was thinking of putting money into crypto but I don't trust some of these currency coins and exchanges.

 

[Ɀoᥱɣ]

There's real money to be made in Crypto, a few of us on this very site have made 4-6 figures+ in the space. I've personally made over 5 figures since i've been in the space.

Alot of the skeptic comes from being scared of losing money which is completely understandable, but that usually comes from chasing Memecoins without doing proper research and just investing in anything that's crypto thinking you'll be the next millionaire overnight which in reality is very very rare unless you're an insider or the owner of the Memecoin/project and rugpull it.

Just like stocks just stick with the safest options such as BTC and stable altcoins like ETH, XRP, ADA .etc don't invest more than you can afford to potentially lose and do proper research.

Memecoins are abit more advanced and you can very easily lose money if you don't know what to look for.

 

[Savvir]

There's real money to be made in Crypto, a few of us on this very site have made 4-6 figures+ in the space. I've personally made over 5 figures since i've been in the space.

Alot of the skeptic comes from being scared of losing money which is completely understandable, but that usually comes from chasing Memecoins without doing proper research and just investing in anything that's crypto thinking you'll be the next millionaire overnight which in reality is very very rare unless you're an insider or the owner of the Memecoin/project and rugpull it.

Just like stocks just stick with the safest options such as BTC and stable altcoins like ETH, XRP, ADA .etc don't invest more than you can afford to potentially lose and do proper research.

Memecoins are abit more advanced and you can very easily lose money if you don't know what to look for.

this thread is about using crypto as a currency....

speculating and making money on unregulated investing is a completely different topic