I have talked to several people that owned these Bitcoin related penny stocks. Luckily for them, they got out before the SEC stepped in. Made a nice return on their investments. However, they are likely the lucky few...
Yes and a lot of people with brokerage accounts that want to get into the crypto space but have no technical understanding of how to purchase or hold crypto are the ones most at risk. Education is key to helping the migration to crypto through a safe path.
I have talked to several people that owned these Bitcoin related penny stocks. Luckily for them, they got out before the SEC stepped in. Made a nice return on their investments. However, they are likely the lucky few...
It seems that most of those stocks are either garbage or outright scams.
No reason to tempt fate with them.
Hell there are enough legit spec cryptocurrencies that could pay off thousands of times a return.
Agreed. Most of them are just trying to attach their name to Bitcoin and cryptocurrency in hopes that naive investors will buy their stock.
Yes and a lot of people with brokerage accounts that want to get into the crypto space but have no technical understanding of how to purchase or hold crypto are the ones most at risk. Education is key to helping the migration to crypto through a safe path.
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