July 4, 2022

Explain the crypt.

Hello dear community! I haven’t been here for three years and still would have lived peacefully, but one question does not give I have rest last month. Of course, I'm talking about bitcoin and various crypto in general. And the question is: what is the point of speculating with crypto? Is that volatility? So any pennies will give crypto a head start. But the cons of crypto is something. Firstly, through one place with a jigsaw you need to open a wallet, then make money there, and then trade on some strange platforms. So I decided to study this issue and start speculating in bitcoin, opened a chart, a chart as a chart, well, I think I’ll join with modern technologies. He began to open a wallet, register on the stock exchange and almost fainted from spreads and commissions. Make money 6%, withdraw 6%, spread per trade about 1% per circle) What’s it all about? How can one speculate on this? Buy for grandchildren, perhaps, but speculate how? If for 10 transactions, without leverage, you will give 10% of the account, and for withdrawal another 6%. I have been trading in the market for quite a long time, and I understand that speculating in such conditions and with the complete absence of a regulator is simply idiocy. If I made a mistake somewhere, I beg you to correct me in the comments.