this post was submitted on 25 Jun 2024
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There's where all the money went I guess. Gotta steal toilet paper to leverage that crypto position. (After you've already lost everything several times)
You can make significant money by trading crypto peer-to-peer. It is incredibly risky but you can make around 6-7% profit after fees. I made around 2,000-3,000 USD monthly, moving around 40,000 USD in volume. The main risks are chargebacks and account closures.
It wasn't free money, of course. But the profit-to-effort ratio is pretty high once you figure out how to weed the good clients from the bad (scammers who will pay, receive crypto, and then dispute the payment).
Do not ask me how to do this and do not reply to anyone who comments below claiming to know how, because they're probably a scammer.
A high effort to profit ratio would mean a lot of effort for a little profit.
I meant to say profit-to-effort. I fixed it