Post
Topic
Board Economics
Re: If we have crypto Why people still buy stocks?
by
conected
on 22/06/2021, 18:04:03 UTC
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? 
Before you even say that don’t forget that stocks has been around before cryptocurrency, and there are also people who got rich by investing their money in stocks. So, it’s not like cryptocurrency is the only thing that can make us rich, although it is volatile and can increase more and give profit more than stocks. Then another reason why a lot of people are still investing in stocks is because stocks can be more trusted since it is an old asset type, so people believe that they are not taking much risk of being scammed.

Finally think everyone is entitled to whatever they want to invest their money in, be it cryptocurrency or stocks, they are free to go ahead with anyone that works best for them.
- Simply put, we are becoming a candidate for two jobs and each has had some exposure to both of these companies, here called stock and crypto markets and of course, as a newbie, we can't understand the feelings of a longtime employee in a company, maybe for us, the crypto market is a young and progressive space but for those who have worked in the stock market for a long time, they have a stable career direction, they just need to continue to succeed. Giving up a stable position to join a young company, it is not an easy decision and they know here, they are not promoted like their old company is stock.