dividends
How profitable is it to invest in dividend stocks if someone has a lot of money from bitcoin? What kind of online brokers can do this kind of trading…? If someone has like 20 million usd worth of bitcoin, how could they grow this amount many x over?
Depends on the stock. You need to look at the stock's earnings growth, debt to equity ratio etc... It is not really a good idea to pick a stock just because it is paying high dividends. On the contrary, in most cases high dividend yield is a red flag because it means the investors are dumping the stock and that's because they know that its dividend yield isn't sustainable.
Usually it is wise to invest in blue chip dividend paying companies like KO, PEP, MCD, XOM, PM etc. as they have been around for a very long time and most of the time they also have been increasing their dividend payments every year.
People that have lots of money invest in these stocks are getting retired on them. That's a very common way to become a financially independent individual. It is called FIRE on many parts of the internet (financially independent, retire early) The idea is nothing new.
$20 million is a very big amount. 3% dividend yield on that portfolio will give you $600k annual income and that's probably more than one would ever need. The hard part is of course getting that $20 million. Investing it in dividend stocks would only take 10 minutes. click click click and done.