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In my opinion, the only reason why people are getting disappointed in crypto is because they’re joining, and buying blue chip coins expecting to do 100x.

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by COINS NEWS 204 Views

I always say this, crypto is still young, but not all crypto projects are young. I mean some of these projects, mostly the famous ones, have lost or fulfilled their potential. I mean Bitcoin is expected to reach $100k, now it’s something around $45k, right? So is it a good investment? Definitely, will it do me a 100x profit? No.

And this is what new individuals need to understand. You can still make 100x from cryptocurrencies, just not through the same old asset that have already reached that level of success.

I mean there are a lot of new projects and startups that could be making huge profits for their investors. And here I’d recommend investors (and especially the newer ones) to go to startup launchpads, like Binance Launchpad, or Solanaprime which offers insurance fund to protect investors, these can be protecting you from being scammed by fake IDOs.

What I’m trying to say is that investors that come into crypto, and buy Bitcoin expecting to make a profit of 100x by holding for a few months, will eventually be disappointed, not because they’re not going to make money, but because they’re expecting things that can’t be done at this level.

submitted by /u/Haunting-Constant801
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