• NateNate60@lemmy.world
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    2 years ago

    You can make significant money by trading crypto peer-to-peer. It is incredibly risky but you can make around 6-7% profit after fees. I made around 2,000-3,000 USD monthly, moving around 40,000 USD in volume. The main risks are chargebacks and account closures.

    It wasn’t free money, of course. But the profit-to-effort ratio is pretty high once you figure out how to weed the good clients from the bad (scammers who will pay, receive crypto, and then dispute the payment).

    Do not ask me how to do this and do not reply to anyone who comments below claiming to know how, because they’re probably a scammer.

    • calcopiritus@lemmy.world
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      2 years ago

      Investments are not effort-to-profit. They are risk-to-profit.

      There is no such a thing as risk-free investing. If there is an investment with good returns, it means it’s just as easy to lose all that money.