Cryptocurrency Q&A
What are the chances of making a profit from Bitcoin?
What are the chances of making a profit from Bitcoin?
EchoWave
Sun Dec 22 2024
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6
answers
1802
I'm wondering about the possibilities of earning a profit through Bitcoin. I want to understand the likelihood or probability of making money from investing in this cryptocurrency.
6 answers
ZenMind
Tue Dec 24 2024
According to surveys conducted by the National Tax Agency and the Japan Cryptocurrency Exchange Association, the number of active virtual currency trading accounts stands at approximately 3 million.
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ShintoMystical
Tue Dec 24 2024
Despite this large number, it is estimated that only around 80,000 of these accounts are actually generating profits.
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Elena
Tue Dec 24 2024
This figure represents a mere 2.6% of the total number of active trading accounts.
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SeoulStyle
Tue Dec 24 2024
The odds of making a profit in the virtual currency market are therefore relatively slim.
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DigitalTreasureHunter
Tue Dec 24 2024
The profitability of virtual currency investments is not guaranteed.
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