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
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