RE: Friday Finance 4/28/2023: Hitting 50K and Meeting with the Police
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They asked if there are legitimate places where you can invest like that. I told them not many. It's kind of the wild west right now still. I have a friend who gave me some money to invest. I told him to expect it to all be worthless one day. He was fine with that, so I went ahead and bought some BTC for him. I just needed him to be prepared for the worst.
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Everything is at risk, market does not matter, spread it out into on/off shore investments, cryptocurrencies, always cash stashed somewhere for emergencies.
Trading in cryptocurrencies leaves one more open to swindlers, tough lesson learned is reading and fully researching always.
Have tried to track and trace 'lost' BTC for people who went through 'friends', could only get to a point where one realizes the money has gone into their wallet, no wallet set up for the person involved.
Yeah, it seems like a futile effort to me.
Hoodwinked out of finance is on the person, no research done.
Hitting 50k an indicator of concerted effort, investing wisely on the move. Well done!