Why do you invest in crypto?
Genuinely, I don’t see the fundemental value in crypto. From my perspective it’s an unregulated market (overall) not backed by any institution. It’s extremely volatile, and more than half of bitcoin holders merely hold it for speculation rather than its original intention of a universal currency. To all those who invest in crypto, can you tell me why you hold it or why it’s worth looking into?
Used to invest in crypto but stopped and now I am focusing on trading CFDs and gold with brokers like Hola Prime Markets.
Why did you stop?
reason i stopped trading crypto and moving into the prop world (with hola prime or lucid, for example) is that crypto is volatile. not say that CFDs are completely safe but also what adds to the fact is that i dont trade with my own money rather than the company's assets, while when trading crypto u invest ur own hard earned money. Also, over the last few years bitcoin has going up and down so it's that safe anymore. Unless you are going for crypto moonshots with inside info which is going to do well, id stay away from crypto for now.
Thanks for clarifying. I feel the same way as well, but that’s just risk appetite. Some people are more risk adverse than others. But even as volatile asset there is no foundation to value it. At least companies have accounting and fiat currencies have PPP and macro factors to base on. Bitcoin the largest one doesn’t even have one
Very long-term inflation hedge. That's it. BTC only.
For fun
The value proposition of crypto is not limited to replacing traditional currency; blockchain enables programmable, transparent and borderless financial infrastructure. olatility and speculation are genuine risks, but they should be distinguished from the underlying utility of blockchain-based assets. The legal and regulatory shift toward licensing, AML/CFT and investor-protection frameworks also shows that the sector is moving toward greater accountability.
Laborum odit voluptas corporis tempora sed dignissimos. Qui inventore veniam numquam consequatur voluptatum non nihil. Quam explicabo et quas vero dolor. Quia quam iure aut totam est non. Id dolorum fuga est dolorem in odit.
Beatae ducimus quia molestias maxime voluptas. Amet delectus alias voluptas nulla nostrum. Quo sit consequatur reiciendis quas. Voluptas quae ut omnis quia recusandae voluptates minima.
Velit doloremque ratione odio possimus ut ea dolor. Facilis et eveniet suscipit eos. Enim ut sequi voluptatem laborum qui. Impedit dolor aut cumque error pariatur et eum quis.
Inventore sit ipsa rerum sunt quaerat unde. Porro deleniti nulla sit laborum et quia consequatur molestiae. Enim repellendus aspernatur vero ea assumenda excepturi ducimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...