Post
Topic
Board Nigeria (Naija)
Re: Is bitcoin still stronger than stocks?
by
Kelward
on 23/05/2024, 11:58:58 UTC
Everybody has he's or her own. the main issue of cryptocurrenqcies these days can be either stable for a long period of time, or they can stay highly volatile for a long period of time. Nowadays, cryptos are more stable than stocks, but I don't think it will be a very long-lasting trend, because all traders are familiar with cryptos. this comparison can be determined only by a thorough technical analysis or a fundamental one if we talk about long-term intentions.
Cryptocurrency de volatile, dat one mean say e no fit to de stable for a very long time, na only stablecoins wey de paired to stable fiat currencies like the US dollar, de stable. If you de compere stock and cryptocurrency, make you remember say stock market don de exist for decades, while cryptocurrency never tell like dat, meaning say stock don build trust and reputation before crypto trading start, but if we give crypto trading, a little more time, e go dust stock trading, dat one na sure.