In this day and age, I unfortunately have to have an alternative source of income to sustain myself. How the fuck do I get started with cryptocurrency?

  • iamanurd@midwest.social
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    19 hours ago

    Keep in mind that pump and dump schemes always consist of someone getting fucked over. Either you’re getting fucked over or you are fucking someone else over. I prefer to avoid those situations.

    I guess to a lesser extent, it’s the core of capitalism.

    • Ceedoestrees@lemmy.world
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      16 hours ago

      Didn’t say Pump and Dump for a reason.

      The one I got involved in, I knew the people and it looked like they were legitimately trying to develop a product. It was 50/50 pump scheme/real project, since they never did a rug pull. They were honest with themselves about most investors not giving a shit about their project, who were going to sell high anyway.

      Sometimes it’s hard to tell if something’s going to be a pump-and-dump until they dump.

        • Ceedoestrees@lemmy.world
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          14 hours ago

          Yeah no worries. Didn’t mean to sound defensive. Making sure people know that pumping a coin isn’t the same as a pump and dump, and yeah, anyone getting into crypto should definitely know about all the rug-pulls.