Re: Bitcoin and crypto are just a stock market on steroids
Most crypto investing have nothing to do with stock investing. When you invest in a stock you own a small part of a physical company. Investing in crypto is more based on trust and potential as it normally isn’t backed by anything else than the value we give it. (hot air) This also means that the risk when investing in crypto is way bigger.
Does it change anything for shareholder? There is nothing you can do with your shares, just piece of paper.
Crypto = more volatility
Bigger losses bigger winnings!
Its just the stock market on steroids
So whos good on crypto can do well on stock market
Whos good on stock market the crypto might be too fast
Bigger losses bigger winnings!
Its just the stock market on steroids
So whos good on crypto can do well on stock market
Whos good on stock market the crypto might be too fast
Market is a zero-sum game (your earnings = other loses) so if you want to fight for bucks with banks, wall street guys, governments (and their infinite money supply and insider knowledge) you go on forex/regulated (by your opponents) stocks, you want to fight for bucks with tech nerds, lambo guys you come to crypto
I prefer second option.