Cryptocurrency Q&A Is virtual currency profitable?

Is virtual currency profitable?

Martina Martina Thu Dec 26 2024 | 6 answers 1581
I'm wondering if investing in virtual currency is a profitable venture. With the rising popularity and value of some cryptocurrencies, I want to know if it's worth exploring as a potential source of income. Is virtual currency profitable?

6 answers

Raffaele Raffaele Sat Dec 28 2024
The estimated number of active cryptocurrency traders in Japan stands at approximately 3 million.

Was this helpful?

225
99
Chiara Chiara Sat Dec 28 2024
Despite this significant figure, it is believed that only around 80,000 traders have been able to make a profit from their investments.

Was this helpful?

381
49
MichaelSmith MichaelSmith Sat Dec 28 2024
This suggests that the percentage of profitable traders is relatively small.

Was this helpful?

329
53
Elena Elena Sat Dec 28 2024
Cryptocurrency investment does not guarantee high profits.

Was this helpful?

140
78
Michele Michele Sat Dec 28 2024
According to the Survey of the National Tax Agency and a study conducted by the Japan Crypto Asset Transactions Association, there is a notable discrepancy between the number of individuals engaging in cryptocurrency transactions and those who actually profit from it.

Was this helpful?

199
54
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts