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Author Topic: Should I choose stock over crypto?  (Read 294 times)
Ojima-ojo
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July 12, 2024, 11:07:02 PM
 #21

I won't think twice before choosing cryptocurrency over other form of investment or stock that I hold, infact bitcoin is not in the class of stock because it role caught across many aspect that need alot of multiple phases of responsibility before attaing such level.
 

Bitcoin is not in stock level, although may be other altcoins who failed to build a network can be categorised with other stock but not bitcoin.

 
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July 13, 2024, 02:23:12 AM
 #22

I started in crypto first, then learned about stocks market from my friends, and I don't wanna bother with it. 1) I don't like anyone (government/taxman) prying on my investments 2) Hate kyc 3) iirc they have fixed hours to trade daily — I'm sure they are more reasons, but these are few top of my head, it just doesn't look like it'd suit me.

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July 13, 2024, 06:01:00 AM
 #23

@OP. Don't be confused.

You can take one step at a time learning the first stocks or cryptos of yours. But if you ever choose to get into crypto, obviously we'd tell you to buy Bitcoin.

That's why you don't have to rush things but I'd tell you that the market is so quick and volatile that it changes over the period of time. The price that you might be seeing right now won't be seen in a couple of years as there is no other way it will go but up.

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July 13, 2024, 08:24:23 PM
 #24

I won't think twice before choosing cryptocurrency over other form of investment or stock that I hold, infact bitcoin is not in the class of stock because it role caught across many aspect that need alot of multiple phases of responsibility before attaing such level.
 

Bitcoin is not in stock level, although may be other altcoins who failed to build a network can be categorised with other stock but not bitcoin.
Choosing stock over crypto, you do think its a perfect idea or not? Everyone have a better opinion when it involves the market. We have proper knowledge of what we want in the market, I know it will be really difficult for most of these investors but they have to put in the work to survived. Cryptocurrency are important form of investment in the market and it really creates aides for investors.

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July 13, 2024, 10:36:33 PM
 #25

After a simple research, I discover that stock can generally offer more stable returns compare to crypto. thou crypto offer higher gain.

How about you invest in both and not choose one over the other, stocks has their benefits, Bitcoin also has its benefit. I said Bitcoin instead of crypto because investing in Bitcoin and still choosing to invest in altcoins isn't diversification but my advice is for you to diversify into Bitcoin and stock. Stock can pay you dividends but that isn't possible with Bitcoin and those dividends can be used as cashflow to help you when you're in need of money as the crypto market isn't always stable to give you profit regularly.

Quote
Do I need to choose stock over crypto?
I don't want my attention to be divided.

You don't, if you must choose then it has to be Bitcoin over stock. Investing in both Bitcoin and stock won't divide your attention. Being an investor that wish to gain financial freedom, you should have different investment to build your portfolio to be strong just incase one market isn't favourable at a particular time that you need fiats, you can switch your attention to other of your investments. Stock and Bitcoin are two different types of investment with different types of research and you can add more investments like Forex etc.

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July 13, 2024, 11:27:27 PM
 #26

Do I need to choose stock over crypto?
I don't want my attention to be divided.
It is not good advice to focus all your efforts on just one investment because there are multiple sources of income and many investments that could quickly bring you to a place of financial independence. Overdiversification is not advised, but not diversifying at all can be quite as bad as that.

Having stock investments and crypto investments is not so difficult and should not be difficult for you to manage. You mostly feel you cannot right now because you have not tried it.

Having investments in stocks and crypto can give you more confidence about the future, but if you are looking for one to invest more in, choose crypto. 

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July 14, 2024, 12:55:30 AM
 #27

hello Everyone, am definitely bother by some  certain questions. therefore I just want to air it out to this forum since I have some crypto professional and expert here that can help me tackle it.
I'm a newbie and I have this passion to develop myself professionally in the system and to acquire a reasonable crypto and stock per say that I can hold on to. 
After a simple research, I discover that stock can generally offer more stable returns compare to crypto. thou crypto offer higher gain.
Do I need to choose stock over crypto?
I don't want my attention to be divided.

You don't need others to decide that for you, it depends on what you understand better. You should research both markets and see where you think you can find what you are looking for.

If you ask me, I would say that stocks might have more stable options for investors but cryptocurrencies can provide better returns, and if you did some research, you should know that when there is more risk, there tend to be higher rewards, so if you are investing in cryptocurrencies and ready to bear the risks, you will get higher returns in a shorter period compared to stocks.

However, it depends on which market you think you can understand better, you should go with the one you can handle easily.

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July 14, 2024, 07:19:24 AM
 #28

If you don't know how to make choice for yourself and decide what to do is a very wrong start.
Don't you think is a wise idea to seek other people's opinions before venturing into something you think you are not good at??
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July 14, 2024, 01:09:13 PM
 #29

There are conditions whereby choosing stock over crypto will be the best, but this will depends on the cryptocurrency in which you're investing on, still on this, on the other hand, we may not completely agrees that stocks are more profitable than crypto if we are considering a coin like bitcoin, we are going to be successful in holding bitcoin over time and see enough reasons why it should be more preferred to gold.

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July 14, 2024, 02:10:14 PM
 #30

After a simple research, I discover that stock can generally offer more stable returns compare to crypto. thou crypto offer higher gain.
Basic guidelines, before hallucinating high profits.
Quote
Crypto investments can be rewarding, but they also require a lot of research, preparation, and risk management strategies. By implementing these strategies and tips, you can increase profits, reduce losses, and build a stable portfolio that can withstand crypto market volatility.

Do I need to choose stock over crypto?
You may choose to place your shares based on your wishes, crypto market or market other than crypto, you have the right to do so as those who have done so, What is certain is that all forms of investment or trading have risks, the crypto market really requires the best possible understanding or knowledge of crypto in assessing your assets.

You can do whatever you like with your shares in the crypto market, don't ignore the points above, even if you are guided by a professional.

R


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July 15, 2024, 01:18:05 PM
 #31

hello Everyone, am definitely bother by some  certain questions. therefore I just want to air it out to this forum since I have some crypto professional and expert here that can help me tackle it.
I'm a newbie and I have this passion to develop myself professionally in the system and to acquire a reasonable crypto and stock per say that I can hold on to. 
After a simple research, I discover that stock can generally offer more stable returns compare to crypto. thou crypto offer higher gain.
Do I need to choose stock over crypto?
I don't want my attention to be divided.

The truth is that only you can decide what you really want in your life. Even if we all give you our respective opinions you will still be the one to make the final decision yourself. Crypto is highly rewarding just as you have rightly stated, but it requires a lot of patience and time. While dealing with the patience, you also have to be careful so that you don't fall into scam. So depending on your current reality you should make your decision based on that. If you are someone who desperately need money to be solving your needs on daily and weekly basis, then stock should be the best option for you, because if you go into crypto you might be disappointed as crypto usually takes longer time to pay and if you are not careful you might sell off your crypto assets below what you bought it. But if you are someone who can still live your life off your investments and have other sources of income for daily and weekly needs, then you should consider crypto.

R


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July 15, 2024, 05:32:25 PM
 #32

hello Everyone, am definitely bother by some  certain questions. therefore I just want to air it out to this forum since I have some crypto professional and expert here that can help me tackle it.
I'm a newbie and I have this passion to develop myself professionally in the system and to acquire a reasonable crypto and stock per say that I can hold on to. 
After a simple research, I discover that stock can generally offer more stable returns compare to crypto. thou crypto offer higher gain.
Do I need to choose stock over crypto?
I don't want my attention to be divided.
First of all welcome to the forum if you are new. Secondly to your question, my answer is that you need to have knowledge about both whatever you do whether it is stock or crypto. You will have to learn. Neither of these two things is worth investing in without learning.

For the stock market, you need to have a good amount, on the contrary, if you invest in crypto, you don't need a certain amount, you can start crypto with a small amount. Just as the pros and cons of any job should be considered before starting any job, whether it is the stock market or crypto, both of them suffer from ups and downs. You must know that where you invest your money, your entire money may be lost and you may have to wait for a long time to get your money back.

I prefer cryptocurrencies over the stock market because there is less risk of losses when you choose a good coin and more profit for less money than stock. If you understand the market and your coin selection is good, go for cryptocurrencies.

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July 15, 2024, 07:19:55 PM
 #33

I started in crypto first, then learned about stocks market from my friends, and I don't wanna bother with it. 1) I don't like anyone (government/taxman) prying on my investments 2) Hate kyc 3) iirc they have fixed hours to trade daily — I'm sure they are more reasons, but these are few top of my head, it just doesn't look like it'd suit me.
Crypto is quite a good ways for us to make money in the financial world. If op is thinking which one to learn or go for, then I think he can go for crypto fist because I know so many stock traders and that are into cryptocurrency now because it is very difficult to manipulate. I would always support cryptocurrency over any financial market since it is quite easier for us to make money in crypto compared to other financial market. Markets like forex, stock and others can be manipulated and we might even lose more compared to the crypto market where we can always make money just by holding any good tokens.

.
.Duelbits.
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July 15, 2024, 11:12:55 PM
 #34

Do I need to choose stock over crypto?
I don't want my attention to be divided.

I am sorry to disappoint you, you might think that you asked an important question to you but I will tell you that your question is silly. Coming to a crypto group to ask between cryptocurrency and stock will not get you a sincere answer. It is just like going to Christians to ask if it is right to choose Jesus or Muhammad. For you to get the right answer to your question, you need to go to an independent body not related to crypto or stock for financial advice. That is the work of financial advisors. But if you insist and still need my advice, I will tell you to buy crypto. Please don't ask my why...

R


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July 16, 2024, 04:02:40 AM
 #35

I started in crypto first, then learned about stocks market from my friends, and I don't wanna bother with it. 1) I don't like anyone (government/taxman) prying on my investments 2) Hate kyc 3) iirc they have fixed hours to trade daily — I'm sure they are more reasons, but these are few top of my head, it just doesn't look like it'd suit me.
Crypto is quite a good ways for us to make money in the financial world. If op is thinking which one to learn or go for, then I think he can go for crypto fist because I know so many stock traders and that are into cryptocurrency now because it is very difficult to manipulate. I would always support cryptocurrency over any financial market since it is quite easier for us to make money in crypto compared to other financial market. Markets like forex, stock and others can be manipulated and we might even lose more compared to the crypto market where we can always make money just by holding any good tokens.

Disagreed. Cypto markets are manipulated way more than stock market, this is due to the fact that crypto is unregulated space, although lately most cexes require KYC which may make traders accountable but then there are dexes where you can trade freely.


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pawanjain
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July 16, 2024, 06:03:16 AM
 #36

hello Everyone, am definitely bother by some  certain questions. therefore I just want to air it out to this forum since I have some crypto professional and expert here that can help me tackle it.
I'm a newbie and I have this passion to develop myself professionally in the system and to acquire a reasonable crypto and stock per say that I can hold on to. 
After a simple research, I discover that stock can generally offer more stable returns compare to crypto. thou crypto offer higher gain.
Do I need to choose stock over crypto?
I don't want my attention to be divided.


It's simply your choice to be honest. Why don't you diversify your asset allocation ?
Choosing what % to divide it to, will again be your choice. Crypto is highly volatile and if you can handle that then keep a larger portion invested in crypto.
If you cannot handle high volatility then consider investing a larger portion into stocks and the rest in crypto.

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