Post
Topic
Board Economics
Re: Has the popularity of bitcoins reduced interest of people in stocks?
by
ancafe
on 11/07/2023, 16:36:02 UTC
I think yes, because many people want the possibility of high profits even with high risks, it becomes an attraction for people to be able to take big profits, which is different from the stock market.
Risk has a meaning that is proportional to the stages of a person to make a profit, the greater the risk, the greater the profit that will be obtained. The stock market has also not experienced a setback because there are still many people who use stocks as an investment and I believe that everyone involved in the stock market will find it easier to invest in bitcoin because of the similarity in the pattern of seeking profits, not because of the resulting risk talk.

I also experienced the same thing, after playing stocks for a long time I thought I would not get big profits and that's why I switched to investing in crypto, even though I know that the risk is bigger than investing in stocks but it's quite worth it with the possible profits that will got.
The profit opportunities in bitcoin are far greater than in stocks, but the risk is worth the amount of investment you make and when it comes to bitcoin, not crypto in general. Another advantage of bitcoin is that it is resistant to recession and inflation and at least we have seen how when Covid-19 happened, even the stock market at that time experienced a setback as a result of the disaster. So that any sector had a very big impact at that time, but bitcoin can always be relied on.