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Bitcoin's price only goes up as people buy it. "Making money" requires selling it. Selling it causes the price to go down. This is fundamentally the problem—unl
by the_gastropod 9y ago
Bitcoin's price only goes up as people buy it. "Making money" requires selling it. Selling it causes the price to go down. This is fundamentally the problem—unlike stocks, real estate, and other productive investments, one can only make money in Bitcoin by selling it for a higher price than it was purchased for.