Politicians’ newfound love of crypto probably has more to do with a cynical bid for young voter support and Silicon Valley cash than a maturing of a financially perilous set of assets.
Do you know anything about financial markets? It’s there for you to make money out from it. Study and you’ll understand everything you could do with it. Also, on crypto, the hype respects a cycle.
I’m at a beginner level in Investments and stock market.
Study and you’ll understand everything you could do with it.
I’m already learning about Investments and stock market. Maybe, once I finish that I could consider this. But, I don’t see much value in crypto so won’t bother.
Perhaps, if my perception changes in the future I could reconsider. Just not in the near future.
But crypto is just like the stocks: you can buy it because you believe on the project or just because it’s what’s delivering the best results at the moment.
Consider cryptocurrencies as a little portion of your portfolio, intended for risk. You can operate it via ETFs, and thus don’t expose yourself to the risks (and benefits) of the blockchains.
Cryptocurrencies are not like stocks, stock is partial ownership of an enterprise which has the ultimate goal of generating more revenue, stocks are not a trading currency.
Most people when starting out are, or at least should be, very uneasy about putting money into things with no underlying value or feasible purpose beyond being bought by a greater fool in the future.
I’ve rarely heard it suggested as an investment, but it can actually be realisticly used to goods and services outside of itself and as such does have an actual purpose, which is more than can be said for any crypto currency.
That every currency is not accepted everywhere in the world, though every one you listed is pretty commonly accepted by business and as such you absolutely could by things with them in the Eurozone, is not an argument that they are the same as an casino token.
I never understood the crypto hype. There was even an article by protonmail detailing its history and all. Yet, I remain oblivious.
Do you know anything about financial markets? It’s there for you to make money out from it. Study and you’ll understand everything you could do with it. Also, on crypto, the hype respects a cycle.
I’m at a beginner level in Investments and stock market.
I’m already learning about Investments and stock market. Maybe, once I finish that I could consider this. But, I don’t see much value in crypto so won’t bother.
Perhaps, if my perception changes in the future I could reconsider. Just not in the near future.
But crypto is just like the stocks: you can buy it because you believe on the project or just because it’s what’s delivering the best results at the moment. Consider cryptocurrencies as a little portion of your portfolio, intended for risk. You can operate it via ETFs, and thus don’t expose yourself to the risks (and benefits) of the blockchains.
Cryptocurrencies are not like stocks, stock is partial ownership of an enterprise which has the ultimate goal of generating more revenue, stocks are not a trading currency.
Most people when starting out are, or at least should be, very uneasy about putting money into things with no underlying value or feasible purpose beyond being bought by a greater fool in the future.
What about cash?
I’ve rarely heard it suggested as an investment, but it can actually be realisticly used to goods and services outside of itself and as such does have an actual purpose, which is more than can be said for any crypto currency.
Cash is inflationary, “by definition” as per current monetary theories, meaning it is designed to lose value over time. Not much of an investment.
Also, I can’t use USD, GBP or AUD for “goods and services outside of itself”… unless I exchange them for EUR first, same as any Crypto.
That every currency is not accepted everywhere in the world, though every one you listed is pretty commonly accepted by business and as such you absolutely could by things with them in the Eurozone, is not an argument that they are the same as an casino token.