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Author Topic: Wipe out on crypto vs wipe out on stock market?  (Read 196 times)
Broly46 (OP)
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October 11, 2020, 01:16:05 PM
 #1

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.

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October 11, 2020, 01:21:02 PM
 #2

If you're trading anything you shouldn't have to worry about being liquidated ever...

The only way you get liquidated is through not managing risk. Since when was margin equivelant to buying a stock?

If I buy a share in a company, I own the share (at least in the UK) this doesn't sound like an alien principle to me... And by that I mean: if I buy the physical share, I'm obviously the only one with that certificate 2 if I buy one online and the company goes bankrupt then the shares are still protected and mine providing no leverage was used.
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October 11, 2020, 01:21:23 PM
 #3

That YOLO line should be more on a reality, because you also grow old (YAGO) so if you didn’t prepare for it, you might live a miserable old life.

We make mistakes and we correct it after that, you might got wiped out on every market but there’s no reason to give up because every market will always go up and down, its just a matter of time. Know where you are heading, you can also enjoy while taking that journey. Cheesy

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Broly46 (OP)
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October 11, 2020, 01:33:13 PM
 #4

If you're trading anything you shouldn't have to worry about being liquidated ever...

The only way you get liquidated is through not managing risk. Since when was margin equivelant to buying a stock?

If I buy a share in a company, I own the share (at least in the UK) this doesn't sound like an alien principle to me... And by that I mean: if I buy the physical share, I'm obviously the only one with that certificate 2 if I buy one online and the company goes bankrupt then the shares are still protected and mine providing no leverage was used.
That might be true when we look at the perspectives of one person, but when we are talking about a bunch of traders, one trader might be safe from liquidate but the other person do not follow the rules and get liquidated, it is where the magic happens, in crypto, some get their crypto out of exchange while some other get liquidated, in Robin Hood nobody is spared from getting liquidated, all of them get wipe out.

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Broly46 (OP)
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October 11, 2020, 01:42:29 PM
 #5

That YOLO line should be more on a reality, because you also grow old (YAGO) so if you didn’t prepare for it, you might live a miserable old life.

We make mistakes and we correct it after that, you might got wiped out on every market but there’s no reason to give up because every market will always go up and down, its just a matter of time. Know where you are heading, you can also enjoy while taking that journey. Cheesy

Yup grow old and die anyway, bitcoiner may die but bitcoin won’t die, if a shareholder die, his stock get removed too, yup deceased shareholder, rip bastard who trying to beat the market even death won’t be spared.

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October 11, 2020, 01:43:29 PM
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 #6

Since when was margin equivelant to buying a stock?
Since never, and I have a feeling OP might not know that you don't have to use any sort of leverage when buying stocks (or crypto).  And if you don't buy either one on margin, you're never going to get completely wiped out unless what you bought goes to $0.00, which is unlikely unless you're screwing around with penny stocks or 1-satoshi wonder shitcoins on Yobit.

That might be true when we look at the perspectives of one person, but when we are talking about a bunch of traders, one trader might be safe from liquidate but the other person do not follow the rules and get liquidated, it is where the magic happens, in crypto, some get their crypto out of exchange while some other get liquidated, in Robin Hood nobody is spared from getting liquidated, all of them get wipe out.
Now I'm pretty sure you have no idea what you're talking about.  Nothing you wrote in the above post makes any sense to me whatsoever. 

Broly46.  Where do I remember that username from?  Did I have you tagged as a shitposter at one point before the merit system came along?

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Broly46 (OP)
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October 11, 2020, 01:56:16 PM
 #7

Since when was margin equivelant to buying a stock?
Since never, and I have a feeling OP might not know that you don't have to use any sort of leverage when buying stocks (or crypto).  And if you don't buy either one on margin, you're never going to get completely wiped out unless what you bought goes to $0.00, which is unlikely unless you're screwing around with penny stocks or 1-satoshi wonder shitcoins on Yobit.

That might be true when we look at the perspectives of one person, but when we are talking about a bunch of traders, one trader might be safe from liquidate but the other person do not follow the rules and get liquidated, it is where the magic happens, in crypto, some get their crypto out of exchange while some other get liquidated, in Robin Hood nobody is spared from getting liquidated, all of them get wipe out.
Now I'm pretty sure you have no idea what you're talking about.  Nothing you wrote in the above post makes any sense to me whatsoever. 

Broly46.  Where do I remember that username from?  Did I have you tagged as a shitposter at one point before the merit system came along?

The market is having an ATH for a very long time, I think a wipe out would follow suit shortly, btw everyday people get liquidated on stock market, and not something very unusual, it’s slowly become a norm we got to know some random guy get wipe out on Robin Hood while shitposting on Twitter, priori to 2008, it would make the headlines when somebody get wipe out, by now anybody get wipe out no headlines for them, just another day another trader get wipe out, lol, that’s a entitlement to be shitposter I guess?

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October 11, 2020, 02:20:45 PM
 #8

Since when was margin equivelant to buying a stock?
Since never, and I have a feeling OP might not know that you don't have to use any sort of leverage when buying stocks (or crypto).  And if you don't buy either one on margin, you're never going to get completely wiped out unless what you bought goes to $0.00, which is unlikely unless you're screwing around with penny stocks or 1-satoshi wonder shitcoins on Yobit.

That might be true when we look at the perspectives of one person, but when we are talking about a bunch of traders, one trader might be safe from liquidate but the other person do not follow the rules and get liquidated, it is where the magic happens, in crypto, some get their crypto out of exchange while some other get liquidated, in Robin Hood nobody is spared from getting liquidated, all of them get wipe out.
Now I'm pretty sure you have no idea what you're talking about.  Nothing you wrote in the above post makes any sense to me whatsoever. 

Broly46.  Where do I remember that username from?  Did I have you tagged as a shitposter at one point before the merit system came along?

The market is having an ATH for a very long time, I think a wipe out would follow suit shortly, btw everyday people get liquidated on stock market, and not something very unusual, it’s slowly become a norm we got to know some random guy get wipe out on Robin Hood while shitposting on Twitter, priori to 2008, it would make the headlines when somebody get wipe out, by now anybody get wipe out no headlines for them, just another day another trader get wipe out, lol, that’s a entitlement to be shitposter I guess?

You know there are companies that aren't in the US right?

I don't see Scandinavia and a few other countries taking much of a fall.

The US have managed to try to push up the price if their stocks by taking out company loans to do buybacks (it's been one of the worst markets to invest in for a while tbh if you want a dividend). If you take a developed European stock, you can expect to. Earn back your initial investment in dividends within 10-25 years afaik. With stocks in the US it'd take about 500...

If you've researched a company well, it shouldn't go bankrupt while you own the stock (especially if it's high cap) so you still own the stock anyway) - they'll often drop slowly if they decline (in Eurasia). You're talking about retailers yoloing on Robin Hood that is completely different because they're often using 250x leverage (and I think that's an underexaggeration).
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October 11, 2020, 02:25:51 PM
 #9

If your position gets liquidated when there is a decline, it is the time that your gonna be wipe out in market. But don't worry everything may goes back to its entire price since market has up and down. Risk management is what we should have in order to avoid such loss in trading. If our funds will be gone, then let us think that we have to know our risk management specially in trading cryptocurrency.

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October 11, 2020, 03:25:23 PM
 #10

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

It's irrelevant if you trade crypto or stocks, you get liquidated when you trade with margin and the market goes in opposite direction. Stocks are even more safe than crypto in some scenarios, for example if a company gets shut down, the holders of its stock are entitled to some compensation, while with crypto if a coin dies, holders are left with nothing. Plus the stock market is regulated so there's less manipulation.

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October 11, 2020, 03:30:41 PM
 #11

Most traders don't use leverage and those who do usually use stop losses and take small leverages like 2-5. If you play on 50x or something like that you're not a trader but a gambler.

You could ask what if someone loses everything playing poker? Tough luck! You took a chance and lost it all, life goes on.

You have the same chance of loseing everything on the stock market as on the crypto market if you play with high leverage. There's no difference!
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October 11, 2020, 03:37:26 PM
 #12

i don't think you can even begin to compare the two because for example when you are trading altcoins you are not just subjected to the sudden drops of that coin, you are also subjected to all the manipulation and pump and dumps. on top of that you are also taking a bigger risk using centralized exchanges that can get hacked or just run away at any time. basically for any positive thing you can think of regarding altcoin market in comparison to stock market, there are 10 negative things.

There is a FOMO brewing...
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October 11, 2020, 04:07:05 PM
 #13

I do believe we cannot wipe out either.

There are people who are good at stock markets and there are people who have their dibs on cryptocurrencies. At the same time if I would have to choose , I believe I would be on the side of cryptocurrencies for sure.

In this pandemic we have seen a massive dip in the stock market, the price is decreasing and at the same time people would have to wait for a year to make sure they don't loose much money.

But when it comes to cryptocurrencies like Bitcoins. They did tremendously well during the pandemic.

At the same time bitcoins have not shown a negative decline and therefore I do believe that, cryptocurrencies are a lot more important as compared to stock markets. Even in value, usage, etc...

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October 11, 2020, 04:17:09 PM
 #14

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.
Crypto is definitely superior than trading stocks where you loose everything that you had once the market goes south. But i always sell whatever i had in a coin if it goes into a dump phase to cut my losses, so I guess others would also be doing the same.

This only holds true if a person is actually buying the coins, but if the person is doing margin trading on an exchange then the same would happen as if trading stocks that he will loose his entire balance that he put in that trade if the market goes south.

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October 11, 2020, 04:22:53 PM
 #15

This last year has shown that stocks and crypto are dancing to the same tune. Risk on/risk off is the only trade on wall street, and wall street has made it the only trade in crypto-land too. Stocks and crypto are highly correlated now a crash in stocks is going to be another crash in crypto.

If you don't use leverage then you'll never be wiped out, but that could be one hell of haircut.
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October 11, 2020, 04:30:02 PM
 #16

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

What you're talking about has nothing to do with cryptocurrency. It has to do with trading with leverage.

If you trade stocks without leverage, you can't be "wiped out" in the sense of a margin call. The same goes for BTC or ETH.

If you trade stocks with leverage, you can be margin called. If you trade cryptocurrency with leverage, you can be margin called too. Just ask the guys trading on Bitmex with 50-100x leverage. Wink

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October 11, 2020, 04:46:19 PM
 #17


I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.


A wipe out in crpyto or stock market is brutal either way. If I had to choose I would probably prefer a wipe out on the stock market. Because even if you lose a lot of money on your stocks, you still own a part of that company, maybe the value is very low but they can still pay some dividends and you are getting passive income for a few years until the price levels recover. As for a wipeout in the crypto world there is more risks involved in my opinion. The problem with losing a lot of value in an alt coin is that afterwards the coin might be just not active anymore. If people stop trading in a particular coin than there is almost no chance for price levels to recover again.
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October 12, 2020, 02:44:10 AM
 #18




You know there are companies that aren't in the US right?

I don't see Scandinavia and a few other countries taking much of a fall.

The US have managed to try to push up the price if their stocks by taking out company loans to do buybacks (it's been one of the worst markets to invest in for a while tbh if you want a dividend). If you take a developed European stock, you can expect to. Earn back your initial investment in dividends within 10-25 years afaik. With stocks in the US it'd take about 500...

If you've researched a company well, it shouldn't go bankrupt while you own the stock (especially if it's high cap) so you still own the stock anyway) - they'll often drop slowly if they decline (in Eurasia). You're talking about retailers yoloing on Robin Hood that is completely different because they're often using 250x leverage (and I think that's an underexaggeration).

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It’s too early to come to a conclusion, since crypto has only existed in a little over a decade, some called it is in a stage of infancy, while the stock market seem to be much established, and the wipe out can be related to South Sea Company Bubble where Newton Isaac get wipe out on that one, for crypto there is too little information to gather a solid conclusion, many cryptos gone into graveyard, the same goes for stock market many blue chip indexes components get removed and replaced with new mega conglomerate. That might be an attempt to cherry picking, but there has to be some appeal that make crypto stand out, (crypto getting hacked and stolen definitely a solid argument) also considering crypto deflationary nature vs stock market inflationary nature, it’s difficult to compare stock market to crypto, one observation we can agree upon is bitcoin has died 379 times, while I don’t think any blue chip can afford to die a single time, that would be too dramatic. Despite dying 379 times bitcoin continue to shine, is it the reason bitcoin is immutable, resistance to getting wipe out unlike stock market?

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If your position gets liquidated when there is a decline, it is the time that your gonna be wipe out in market. But don't worry everything may goes back to its entire price since market has up and down. Risk management is what we should have in order to avoid such loss in trading. If our funds will be gone, then let us think that we have to know our risk management specially in trading cryptocurrency.

======

The thing is everybody on stock market would feel the pain when wipeout took place, we may not have liquidated yet we would have seen value get a big cut, yup market may recover, but that’s very optimistic, I’m beginning to learn that stock market do not usually recover, blue chip come and go, all the blue chips from the last decades consists of the index components is all gone and replace with a newer and better candidate, yup even blue chip had a difficulty to recover once it’s getting wipe out.

======

.

It's irrelevant if you trade crypto or stocks, you get liquidated when you trade with margin and the market goes in opposite direction. Stocks are even more safe than crypto in some scenarios, for example if a company gets shut down, the holders of its stock are entitled to some compensation, while with crypto if a coin dies, holders are left with nothing. Plus the stock market is regulated so there's less manipulation.

======
It’s difficult to tell whether they’re less manipulation, because the stock market isn’t opaque unlike crypto one can easily check on the transaction on the block chain, one has to be insider to get a clue of how is the stock market get manipulated, there is also a lot of stock derivatives which is unregulated, and less opaque. Yeah a dissolved company may compensate a portion of the asset back to stakeholders.

======

Most traders don't use leverage and those who do usually use stop losses and take small leverages like 2-5. If you play on 50x or something like that you're not a trader but a gambler.

You could ask what if someone loses everything playing poker? Tough luck! You took a chance and lost it all, life goes on.

You have the same chance of loseing everything on the stock market as on the crypto market if you play with high leverage. There's no difference!

=====

It’s interesting one can get as much as 50x leverage, while it’s very discouraging to many people, strict stop loss is definitely crucial, and we have seen instances of multi cut loss orders get executed on crypto exchange that dump ethereum and wipe out gamblers, but that’s often executed on a fraction of milliseconds and many people do not aware of what’s happening, it’s too quickly we hardly know there is a wipe out going on, albeit on stock market, it take longer, sometime weeks to wipe out a lot of values, it’s also take very long time to even have recovery, in my opinion, the wipe out on crypto is much faster and painless process, it just happen and nobody have the time to think twice.

=====

i don't think you can even begin to compare the two because for example when you are trading altcoins you are not just subjected to the sudden drops of that coin, you are also subjected to all the manipulation and pump and dumps. on top of that you are also taking a bigger risk using centralized exchanges that can get hacked or just run away at any time. basically for any positive thing you can think of regarding altcoin market in comparison to stock market, there are 10 negative things.
======

TBH crypto getting hacked and stolen is definitely one big flaw on bitcoin, it might be the one of method bitcoiner to get wipe out by simply a hack.

======

I do believe we cannot wipe out either.

There are people who are good at stock markets and there are people who have their dibs on cryptocurrencies. At the same time if I would have to choose , I believe I would be on the side of cryptocurrencies for sure.

In this pandemic we have seen a massive dip in the stock market, the price is decreasing and at the same time people would have to wait for a year to make sure they don't loose much money.

But when it comes to cryptocurrencies like Bitcoins. They did tremendously well during the pandemic.

At the same time bitcoins have not shown a negative decline and therefore I do believe that, cryptocurrencies are a lot more important as compared to stock markets. Even in value, usage, etc...


=======

There is no doubt some traders move from trading stock market to trading crypto, yet the value traded is far smaller, it might mean many more traders are not aware and not interested in crypto trading. Yet nobody know why they decide to move to crypto, it might be just out of curiosity, so big fund are coming to bitcoin too, but why are them calling crypto “superior”? It’s difficult to come to a conclusion.

=======

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October 12, 2020, 07:10:19 AM
 #19

We get to see this type of comparison. We can live with both markets and it's up to the investor if he'll get to be riding both of these markets and be profitable for both. The principle of trading is in there but it's just more volatile for the crypto market.

Stories were there about people getting rekt and wiped out with their crypto assets/portfolio but it's their fault. Most of those that I've read were invested to the wrong cryptocurrencies. They've only invested when there's an hype and never take time researching which side of these coins should be invested and must be avoided.

Regardless of being wiped out for any of those markets, it's not the end. There's always the beginning and the application of a bad experience in trading and investing turning it into a lesson.

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October 12, 2020, 07:26:23 AM
 #20

If you know what you are doing with stock market, you will not lose that much money. The only scenario that this could happen is that when the bear run, you panic sell netting negative profits which leads to buying at a more pricier sotkc and doing a cyclic abuse of panic selling. I do not think that we should compare the two, they have inherent and unique traits that is beneficial that we do not see because we tend to focus on which one is better.

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October 13, 2020, 06:44:12 PM
 #21

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto. Obviously you could still get a loan or whatever and trade in crypto as well and lose almost everything (unless there is a scam, you won't lose it all) but the fact is, you still have to put the money in and deal with that money and nothing more.

In robinhood and other places like that, you could leverage your position so high and you could just have a big credit there and while having only $20k in your account you could end up with $200k debt suddenly because you overleveraged your position. This is why I believe crypto has one big deal, it is not really like the others because we are only dealing with the money we have.
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October 13, 2020, 09:00:57 PM
 #22

That YOLO line should be more on a reality, because you also grow old (YAGO) so if you didn’t prepare for it, you might live a miserable old life.

We make mistakes and we correct it after that, you might got wiped out on every market but there’s no reason to give up because every market will always go up and down, its just a matter of time. Know where you are heading, you can also enjoy while taking that journey. Cheesy

Exactly. We must learn from the mistakes and failure that we experience in our lives and do not let such things to happen all over again without learning. Yes, we do really live once but it is also get into the reality that as long as we live, we must grow into learning how to cope up with such failures and turn those into lesson how we must deal into certain scenarios once it happens once again.

It is indeed normal that we will be wiped out on crypto and stock market but that must be on the first try for we might be not that familiar with it that's why we are vulnerable to be wiped out. But better think of it, if you always experience such thing of being wiped out, then something must not be right so you must keep up to correct such mistakes to lessen the chances of failing and to avoid being wiped out whether on crypto or stock market.

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October 13, 2020, 09:18:44 PM
 #23

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto. Obviously you could still get a loan or whatever and trade in crypto as well and lose almost everything (unless there is a scam, you won't lose it all) but the fact is, you still have to put the money in and deal with that money and nothing more.
I agree on this one, some companies offering stock have this so called collateral as their traders can trade with margins. Unlike in crypto that you, yourself are the only owner of your asset BUT, here is the but, the risk is way higher than trading in stocks. On top of that is the scams that is scattered every where, malicious links and lots of errors to learned with. In short Stock market is a zoo while Crypto is a jungle. Which is better? NONE if you know what you're doing.



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October 14, 2020, 09:58:56 AM
 #24

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto. Obviously you could still get a loan or whatever and trade in crypto as well and lose almost everything (unless there is a scam, you won't lose it all) but the fact is, you still have to put the money in and deal with that money and nothing more.

In robinhood and other places like that, you could leverage your position so high and you could just have a big credit there and while having only $20k in your account you could end up with $200k debt suddenly because you overleveraged your position. This is why I believe crypto has one big deal, it is not really like the others because we are only dealing with the money we have.

Seriously people tend to forget everything from the past, the 2008 is not a distance memory, yet they tend to optimistic market won’t crash like 2008 again, I had no idea what can they to gain from the shills, yup 2008 is so terrible, the market crash destroy life, family and leading to mass suicide, everybody can shill when market boom, everybody turn silent when market bust, they’re unable to speak because they’ve already kys.

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October 14, 2020, 04:18:09 PM
 #25

Bunch of my old friends called me and invite me to invest recently, I can’t believe it, I will reject them, I hate investment whenever I heard the words invest my heart begun to race and my mood then absolutely bad, it’s sick, gambling and crash market, gullible friends gonna loss a fortune, nope I won’t stop this idiot who want to invest and reject their invitation. It’s legalise gambling, scam and crash and burn.

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October 14, 2020, 06:31:45 PM
 #26

I would say wipe out in stock market could be even worse because you can be in debt in stock market versus only can trade with your money in crypto.

No, the same rules apply in both markets. A big chunk of the BTC market is leveraged trading where traders use collateral to borrow additional capital. I'm not just talking about derivatives like Bitmex swaps either. The major spot exchanges like Bitfinex, Kraken, and even Coinbase Pro all offer margin trading to their customers.

Crypto markets are notoriously thinner, with much smaller bid sides than stock markets. That means they crash harder. That's why BTC crashed 63% this past February-March but the S&P 500 only crashed 35%.

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October 14, 2020, 08:55:30 PM
 #27

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.
We should make a constructive criticism, not because we all want Decentralized system but for fair reasons , for every Merit, there is also Demrit. Flash crash in stock market is something we can see most of the time in cryptocurrency. When stock market plunge with 8%, they consider it as plunge because they don't often see volatility in stock. However, in cryptocurrency, I have seen a - 30% within a day in cryptocurrency and it always survived which has been a norm in here. It's all ceteris paribus.

The last crazy margin call that was symbolic was pandemic, I can't forget, that's why my size has never go beyond 10%vto avoid unnecessary margin calls that isn't healthy to your fund.
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October 15, 2020, 06:10:10 AM
 #28

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.
We should make a constructive criticism, not because we all want Decentralized system but for fair reasons , for every Merit, there is also Demrit. Flash crash in stock market is something we can see most of the time in cryptocurrency. When stock market plunge with 8%, they consider it as plunge because they don't often see volatility in stock. However, in cryptocurrency, I have seen a - 30% within a day in cryptocurrency and it always survived which has been a norm in here. It's all ceteris paribus.

The last crazy margin call that was symbolic was pandemic, I can't forget, that's why my size has never go beyond 10%vto avoid unnecessary margin calls that isn't healthy to your fund.

In my opinion the only thing in stock market is hateful, apart from that nothing else, not only it’s deceiving, with so many blue chips to pick from to bet your money, also the dump is imminent, in crypto, you have only one bitcoin to bet on, can’t you pick a wrong choice in blue chips, but you absolute can only pick one bitcoin, the win rate is either 100% or 0%, yup bitcoin dump to -99%, however in blue chip, whatever you pick the blue chip, the odds will goes against you, 100% whatever you bet on wil loss, and 100% whatever you don’t bet on will pump to the moon, because you’re all lousy gamblers on stock market, and bitcoin make it so easy you can only pick one, either 100% win or 0%.

Self hating nerd that want to escape from reality into the cyberpunk.
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October 24, 2020, 11:06:40 AM
 #29

No matter which platform you chose for investing, you won't lose your money until you sell it in panic.
Bitcoin and stock both are different. We can not compare it, but bitcoin has more power than stock.

I tried both, but bitcoin satisfies me more than any other platform.
Stock only gives you benefit whenever something occurs in our economy, it's controllable, and the government is handling it.
While bitcoin didn't require anything its decentralize, which containing their own power
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October 24, 2020, 12:16:25 PM
 #30

What if a person get wipe out on crypto

Vs a person get wipe out on robin hood app?

Example: many get wipe out on ethereum flash crashes, and many get wipe out on Robin Hood trading the hottest stock of the century.

One can keep their crypto the other may get wipe out and force sell because of margin requirement.

I think crypto is superior because the latter person still can keep the crypto in their wallet, while the former person get wipe out and left with debt worth of a student loan.

Btw everybody only YOLO, because nobody can buy back his life and revive when they get wasted just like in GTA5, you die IRL that’s a permadeath, no revive, no buy back, no second life. Crypto or stock market? Choose wisely.
There are many forms of trading but after all, trading is trading. If you can use margin trade in the stock market, you can also use margin trade with cryptocurrencies. Binance, coinbase, etc provides such type of trading for their customers. If a person loves margin to trade in the stock market, definitely he will choose to use leverage in bitcoin exchange. I think that your question muse be "Wipeout on tradition trade vs wipe out on margin trade"

Personally, losing money is losing money. When you participate in any kind of financial market, you have to be aware of the risks involving. You should not trade with no knowledge and experience. Losing money is not comfortable at all and it will make you regret



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