Quote from: laracastvue on September 07, 2018, 09:04:02 PM

Yes i agree on that, cryptocurrency is very profitable and that is the reason why there are a lot of people who are preferring to invest on bitcoins rather than placing their money on the banks which makes the economy of the country to drop.

True. But, even if cryptocurrencies themselves are highly profitable, they're also highly risky. Their prices are not stable and have greater fluctuations than stocks. Another issue is that cryptocurrencies are largely unregulated unlike stocks which comply with government regulations in every way. I think that for the cryptocurrency space to mature, it would need a couple of years from now. Once that happens, then prices would be relatively stable, and investors could get protection over their hard-earned money.

When comparing both cryptocurrencies and stocks, the former has a high risk, high reward ratio, while the latter has low risk, but a low reward ratio. If want the best of both worlds, then I suggest that you invest into both the cryptocurrency market and the stock market to minimize risks and to diversify your investment as much as possible. But as for me, I prefer to choose cryptocurrencies over the stock market since they're highly flexible, rewarding, and only you have control over your money (if you have access to the private key). Wink