06/05/2021 of Cryptos

If you do, which ones?


  • Total voters
    46

Sorenia

Order - Edgedancer
Do you dabble with any investments into cryptocurrencies?

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I don’t see any value in Crypto only a gamble, I tossed a couple dollars into Cardano and recently it’s been up by like 17%.  While I don’t see value behind the crypto itself, if I can make a few extra bucks no harm in it.  

 
Just be careful y’all these things are volatile and have unlimited trading hours so they can swing while you sleep. 

 
Buying crypto currency isn't an investment because it doesn't create wealth..  Its investing in the same sense that lottery tickets are an investment.  

 
No, I'm of the opinion that crypto-currencies in itself provide no value, you buy and hodl till you find someone else who will pay more than what you initially paid for it.

I realize there is cash to be made, but I'd rather stick to conventional investments that provide value, while retaining it's own intrinsic value. At least, that's my opinion, might be wrong 🤷‍♂️

 
I can't put money into something I have no idea about really. I don't see it as investing, more like gambling.

But it's been good to those who have so hey

 
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