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Author Topic: If we have crypto Why people still buy stocks?  (Read 1386 times)
bitzizzix
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June 27, 2021, 04:18:15 AM
 #181

I don't think there is anyone who doesn't know crypto, especially bitcoin and as time goes on people get to know crypto which is growing and getting more popular.
Majority of stock players are smart people and know the world development especially in technology and the reason they don't want to get involved in bitcoin is because they haven't studied it and don't understand it well.
and other reasons because they understand and master the workings of stocks rather than crypto and they don't want to take risks because they don't understand well, and besides the negative news about crypto especially bitcoin makes them still not willing to get involved and don't know later.
Victorycoin
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June 27, 2021, 05:36:52 AM
 #182

People who want to take less risk usually prefer stocks they have very little idea about the market if you research the market properly it will be easier to know about crypto and you will understand that crypto is very profitable there are also many traders who think that stocks are more profitable than crypto. Even if the market goes down they choose stocks because it has no effect on their currency despite the negative impact on bitcoin the market went up again.
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June 27, 2021, 11:33:35 AM
 #183

This is simply because not all are aware and fond of Crypto. Also, crypto is not the only available option in the market. People have diversified preferences in trading and of course there are some features that crypto and stocks possess which are different from one another, thus people are also divided.
Yes , and they adapt to their own abilities . Maybe they understand more about stocks or other assets. So they are not interested in crypto even though there are more profits in crypto. So they prefer what he likes and he can do there rather than not understanding but playing, it's a loss

Could be one factor if they are comfortable with the stocks they play will not try new things that they may have just learned. It will take a long time to understand what new things you learn to make a profit.

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June 27, 2021, 10:11:06 PM
 #184

Everyone with different opinions. I just think the simplest answer lies between centralization and regulation. Some users are always scared of been dump one which sometimes happens in crypto most of the time.
The unregulated space of crypto is making it hard for some individuals that's why, whales can't do that in stick or you may risk been jail and prosecuted for manipulating the market.
Another thing again with stock is that margin traders hardly get liquidated. One can open a position and still comes back to where they left the market because 9fnl92 low volatility.
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June 27, 2021, 10:23:48 PM
 #185

People who want to take less risk usually prefer stocks they have very little idea about the market if you research the market properly it will be easier to know about crypto and you will understand that crypto is very profitable there are also many traders who think that stocks are more profitable than crypto. Even if the market goes down they choose stocks because it has no effect on their currency despite the negative impact on bitcoin the market went up again.
I've noticed several times that stocks and crypto became correlated or got the same pattern during bearish days. When crypto went to bearish, the market did the same too for stocks.

I agree that for some reasons it's all about being less volatile in stocks and that's why there are traders who are watching that market closely. And they also invest in stocks that are not highly volatile.

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June 27, 2021, 10:55:05 PM
 #186

It just like a question of, you have bitcoin, why still use cash? or vice versa.

Some people gains a lot in stocks than in crypto trading even it's not volatile than crypto. They're more convenient using it unlike in crypto that you can be doomed in just a week, but you can be a millionaire in just days too. Just a matter of risks you can intake.

I too trade local stocks and crypto but most of my fund is here in crypto while 25% or something is on stocks.
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June 28, 2021, 12:34:38 PM
 #187

It was pretty obvious, not all are investing in crypto nor everyone is in the stock market. They have their choice and market preference, we can't force all investors to leave the stock market and vice-versa.

Instead of asking why people never invest in crypto, why not let these people invest where they want. Perhaps, we are all aiming for making a profit and both of them are known for that. In fact, I do invest them both but I invest more in crypto coz I was more engage and knowledgeable to them than in the stock market.

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June 28, 2021, 01:40:02 PM
 #188

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits? 

Everyone is engaged in what is more familiar to him and in what he understands. Although stocks and cryptocurrencies have a lot in common, they still differ from each other in many ways. Stocks tend to give less, but stable returns in this market and this market is long-established, without much surprises for stockholders. In addition, it is a market for real tangible assets, as opposed to an unpredictable cryptocurrency. The cryptocurrency market brings significantly higher profits, however, the risk is higher here.

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Coroline
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June 30, 2021, 04:15:35 PM
 #189

Because it is a type of commodity, crypto assets have high fluctuations in value. At times it can go up and down quickly. It is difficult to predict the value of cryptocurrencies. Can make a profit overnight, but also a big loss in an instant. The rise and fall of crypto assets follows supply and demand. So the market power is determined. Crypto money does not have a clear basis for selling. This means you are risking money for something that could be worth zero.
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June 30, 2021, 04:47:16 PM
 #190

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits? 


Classic example of someone who doesn’t understand how stocks work or frankly investing at large. Stocks represent a legal share of the ownership of a business. That’s why they have value, you’re literally an owner of the profits the company produces. Crypto is just driven by a bunch of people who are speculating that the price of crypto will go up. There’s no real reason in goes up other than mass agreement, and because that’s arbitrary there’s also no reason it can’t go down for the same reason. Expecting to make profit trading crypto in pumps is nothing more than buying a lottery ticket, and that’s the opposite of investing.

While it is tough to refute your argument logically, I would say buying Bitcoin is like buying a lottery ticket goes several steps too far. Once Bitcoin progresses technologically, the network gets monetized inherently through the frictions it solves that alternative systems inevitably bring about. Facebook is monetized through it advertisement, but when Facebook started out it didn't earn any money yet I wouldn't deem an investment a lottery ticket. There was quality talent and a vision involved, but sure the monetization mechanism is more obvious. Bitcoin internalizes externalities that, for example banks impose upon us. Does that make sense? Happy to have your feedback here.

None of that though goes to holders of bitcoin, it goes to miners, so you're still just buying an asset and hoping it's worth more in the future for no other reason than luck.  That's exactly how it's the same as a lottery ticket.  And further, mining fees another barrier for bitcoin over fee-less transfer cryptos, so assuming that's the "big appeal" to bitcoin, it's also going to be its downfall.  Because if the world needs frictionless value transfers, there are no shortage of cryptocurrencies that function immeasurably better than bitcoin does.

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