Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is like a losing lottery ticket
by
arwin100
on 13/09/2021, 23:11:42 UTC
https://youtu.be/52DuIE1-tJY

The linked video explains the difference between traditional financial instruments and bitcoin. Traditional are redeemable, while bitcoin is not. Which makes bitcoin equivalent to a losing lottery ticket. Or, similar to a stock of a bankrupt company, a currency of a former county or a casino token of a bankrupt casino.

Your just comparing it on other side of it maybe you really didn't understand how bitcoin works and what people supposed to be look at it since if you just take it for invest then hoping to earn huge money in quick instance like betting on lottery then you might get it in wrong way, you will lose your bitcoin if you didn't think smart on how you use it and also you are easily affected on certain situation but if you know how to use it well then you have a chance to collect your profits on daily basis with proper strategy regarding on how to defy the volatile market.