Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?
because they Trust stocks as those has a real product and real investors , not like in crypto that still questionable for them and we can't blame those people.
We are tend to risk here , and same for them in stocks.
We saw the risk involved in crypto currencies this week. Bitcoins dropped easily 10-20% in one single day. Such kind of volatility doesn't happen often in blue chip stocks. The average investors is usually risk averse, he looks for a way to save his wealth with some upside potential. The risk of losing all the money is too much for most investors.