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| Topic | Cryptocurrency investing |
| Jabodie 09/03/20 1:22:24 PM #9: | There are at least three types of crypto "investors": those who legitimately think crypto should and will replace fiat currency, those who see bitcoin millionaires and buy some of the more mainstream stuff to "wait and see", and those who barely understand what crypto even is and day trading based on "hot tips" or "promising new crypto technology" or "price momentum" or chart analysis. I would recommend you read a book by one of the people who believe crypto should replace fiat and decide what you want to do from there. Crypto, in terms of an "investment", is a highly unregulated market with thousands of useless "currencies" which can have humongous price swings in a matter of days or even hours. Actual prices, and even the value of crypto itself, is more or less based on speculation that these will one day be considered legitimate trade currencies. --- <insert sig here> ... Copied to Clipboard! |
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