Post
Topic
Board Economics
Re: Crypto vs stocks
by
crisanto01
on 10/03/2018, 17:20:09 UTC
Stocks has been around before cryptocurrencies, so I don’t think cryptocurrencies will be able to compete with them. Another thing for sure is that stocks attracts more investors than Bitcoin and I believe that lots of profits comes from it. Even in trading, people trade a lot of stocks thancryptos. I’m a fan ofcryptos,cause it favors me a lot than stocks.

I don't see a connection here. Would you care to elaborate on that one? Why won't cryptocurrencies be able to compete with stocks and what do you mean by competition here more specifically? If cryptocurrencies are better in risk/reward department, many traders will eventually turn their eye and money to crypto. Moreover, isn't that what's already happening today? Indeed, cryptocurrencies are not as rock solid and reliable as, for example, blue chips. But the latter are not the only kids on the block anyway. There are many other stocks in the stock market and with these crypto can successfully compete for investors money.
Well what they are just trying to ask is what is more profitable, of course it does connection because a lot of people who were interested and focus in stock market in the past years has now swift their investment to cryptocurrency which gave them more profit than they are earning in the stock market.