Cryptocurrency expert tells how cryptocurrency holders can increase their profits

not financial advice!

Crypto YouTuber Lark Davis has expressed his opinion on what cryptocurrency holders can do to increase their profits. The analyst is convinced that even if the flagship cryptocurrency reaches the $ 1 million mark, it will not be the key aspect for enriching investors.

Davis noted that if someone had bought bitcoin for $ 100 in 2011, they would have earned about $ 1.5 million. The crypto expert added that even if the flagship digital currency rises to the long-awaited $ 1,000,000 per coin, it will still be «only a 34-fold increase.»

The crypto expert believes that cryptocurrency holders will be able to earn much more from altcoins, as they will «become the big money makers.» However, Davis warned that such investments are risky.

Recently, the analyst predicted that the moment would come very soon when buying a BTC in the $ 30,000 range would seem as miraculous as if cryptocurrency owners were offered $ 3,000 worth of bitcoin today.

Last September, crypto whistleblower ZachXBT created a Twitter thread accusing Lark Davis of Pump & Dump schemes. The author of the thread gave eight examples of how Davis' wallet (the address was publicly available) received tokens from new cryptocurrency projects with low capitalization. After publishing advertising posts, the blogger sold the coins he received. ZachXBT then claimed that Davis had fraudulently earned more than $ 1.2 million.