Post
Topic
Board Nigeria (Naija)
Re: Crypto is just like gambling.
by
Charles-Tim
on 07/06/2025, 16:59:49 UTC
So what are thoughts on this, do you guys see crypto as something that is just like gambling or something else?
The governments and institutions are mainly focusing on bitcoin and a bit of altcoins like ether. Bitcoin is not like the memecoins and other altcoins that are easily pumped and dumped like what is happening as usual to altcoins. Bitcoin is also getting to all-time high, unlike altcoins. Surprisingly ether did not get to all-time high this season and far low from its all-time high. It is good to differentiate between bitcoin and altcoins.

Bitcoin is more of a store of value if you can hold it for a long time. Altcoins are more of gambling.