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Is it worth investing in CryptoCurrency?

Is investing in CryptoCurrency a good idea?


  • Total voters
    48
  • This poll will close: .

Graybeard

Well-Known Member
affiliate
It was this week :) and next week :(
Better than the internet casinos (probably).
The greater fool theory probably applies still ...
Good luck to the winners ...
 

Paul43

Affiliate
affiliate
Investing.. No!
Trading .. maybe.
As far as investments go, there are plenty of stable alternatives out there. Crypto is pure speculation and Super high Risk.
Cryptos can be used for investing, for gambling, and as a currency.
The most interesting part is as a currency.
Cryptos can revolutionise our financial system precisely because they can become currency, an alternative to the Central Banks constantly depreciating fake money.

Their volatility prevent Bitcoin and Co. to become currency, that's why Stablecoins were created and are that successful. Look at the increase of their market cap and trading volume in the last year
Stablecoin Index

Stablecoins will bring cryptos to the masses.
Just think about the companies associated with FB's Libra: Vodafone, Paypal, Facebook etc.

Maybe this is a good introduction to the subject
2019 Complete StableCoin Guide 1/7
 

Mr. Plan B

Affiliate
affiliate
Cryptos can be used for investing, for gambling, and as a currency.
The most interesting part is as a currency.
Cryptos can revolutionise our financial system precisely because they can become currency, an alternative to the Central Banks constantly depreciating fake money.

Their volatility prevent Bitcoin and Co. to become currency, that's why Stablecoins were created and are that successful. Look at the increase of their market cap and trading volume in the last year
Stablecoin Index

Stablecoins will bring cryptos to the masses.
Just think about the companies associated with FB's Libra: Vodafone, Paypal, Facebook etc.

Maybe this is a good introduction to the subject
2019 Complete StableCoin Guide 1/7
Just wondering, do you have any affiliation with Stablecoin?
 

Paul43

Affiliate
affiliate
I'm participating to the Affiliate Program of a gold-backed Stablecoin project named Kinesis, which Graybeard is very fond of
 

Graybeard

Well-Known Member
affiliate
Do I detect some sarcasm? :D
________________________
That said, cryptocurrency is a speculative and pretty much unregulated marketplace --you put your money on the wood knowing the risks.

Good luck to the winners.
Ever shoot craps in a regulated casino :D
 

Graybeard

Well-Known Member
affiliate
It's interesting that I am looking at Bitcoin (crypto) Online Casino Gambling ...
Why? Bitcoin is not money so it's not closely regulated by law in many jurisdictions.
Like wagering sides of beef, pork bellies (bacon), or for that matter; diamonds or some commodity of market value ;)
 

BrunoAles

Affiliate
affiliate
I think investing in promising cryptocurrencies will always be relevant and profitable. Why not? That is why I bought BTC, XRP, ETH through https://bikkex.com/ exchange. I like the low fees here. It is really more profitable than other exchanges. Which cryptocurrency do you think will be the most promising in 2021?
 
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Graybeard

Well-Known Member
affiliate
yeah right hodl
1626370663828.png
 

GladyVelas

Affiliate
affiliate
Investing in stocks is probably still one of the best passive income options unless you have several businesses that you've hired someone to run, and you get income from them and pay all your employees. That's what comes to my mind when I think about passive income. If you don't have those businesses, then probably investing in gold would be the best way out because I do it myself, and you can even start that with a small amount of money compared to other sources where you can get passive income.
 

Graybeard

Well-Known Member
affiliate
flip a coin --speculation is not investing
AND IN SPECULATION: TIMING IS EVERYTHING!

Clue: R2=1.00 100%
let the bodies hit the floor --good luck to the winners ;)

bitcoin-crystal-balls.jpg
 
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