this post was submitted on 01 Nov 2023
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From the Atlanta Daily World:

There was a time where I would get asked questions about Bitcoins on a daily basis. Clearly, those in the cryptocurrency space have done a great job spreading the word about cryptocurrency. I once heard a report over a podcast stating that more people have heard about cryptocurrency  than have heard about Exchange Traded Funds … Continued

The post The Carr Report: Are there ‘Big Coins’ to be made in Bitcoins? appeared first on Atlanta Daily World.

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[–] over_clox@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Some brief quotes from the article, plus a few of my thoughts...

"This article delves into the world of cryptocurrencies, exploring their rise and the considerations for potential investors."

"Bitcoin was created in 2009... Since then, thousands of cryptocurrencies have emerged, each with its own unique features and purposes."

World of cryptocurrency my ass, this article almost exclusively only talks about Bitcoin

"Another challenge is the presence of scams and fraudulent activities in the cryptocurrency space. As with any investment, due diligence is crucial... Recently there’s been several companies coming under scrutiny within the cryptocurrency industry."

Yes, you really should educate yourself: https://web3isgoinggreat.com/

"If you are considering investing in cryptocurrencies, it is crucial to do your due diligence. Educate yourself about the different cryptocurrencies, their underlying technology, and their potential applications."

What other cryptocurrencies? Again, the article almost exclusively only talks about Bitcoin, while only making passive mentions of others such as Ethereum

"I urge you to enter this endeavor with knowledge, a solid financial foundation, a stomach for market fluctuations, and with money to burn."

Money to burn you say? 🤔