Has the popularity of bitcoins reduced interest of people in stocks?

[krishnaverma]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

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[livingfree]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day.

Not all stocks have that guarantee for profits and they're also volatile just as bitcoin but it's like they're too soft in terms of volatility. But the same behavior, they can also be hit that much in losses within the day.

At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

There are still people who just want the traditional way of investing and they trust stocks more than bitcoin.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

There's still balance in both ways. We know that there are many folks that are into crypto only asset but, there's also more people that knows how to diversify their investments into several assets including the traditional ones like stocks.

[Aanuoluwatofunmi]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day.

This is accurate and is what has been ha with bitcoin being profitable, but in other way, bitcoin can also go the opposite of these if the person involved who happens to be the investors has little knowledge about it or wrongly engage the normal expected procedures with trading bitcoin, holding or selling it, but bitcoin is most preferred than any other stock markets this present days.

At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

Yes of course whenever there is an introduction of something new which is acceptable by the people, then it must have impact towards affecting others that have been in place before it, bitcoin have silence the noise with stock markets, forex ant the likes of their type since fiat as well couldn't overcome the role of bitcoin in the economy, others become a less threat.

[jackg]

There's likely a lot of people diversifying in both too. The bitcoin can do 20% in a day is something the right stock can do too if you get one that's particularly volatile (especially one that looks undervalued).

A lot of stocks don't move very fast though and that might be what moves people away from them, I think the 20-30% on the year that's reported is normally investments in the big few tech firms too, if it were more diversified you'd see a lot less active moves (I think funds are using past performce to compete each other and get the highest returns, but it'll probably work).

[Plaguedeath]

Bitcoin give 20%-30% return in one day? show me when Bitcoin price increase 20%-30% in one day from the last two years! I will give you the link to track the historical data of Bitcoin price in order to help you more easier https://www.investing.com/crypto/bitcoin/historical-data I will wait your answer, don't run lol.

If you said shitcoins, then I believe there's at least one coin will give 20%-30% return in one day because it's pump and dump, don't be surprised too if there's a shitcoins the price is decrease for -99% in just one day!

[maydna]

If the market conditions are very good or can move well, I believe bitcoin and altcoins can provide good returns in one day. But we are talking about the current conditions where the crypto market is in a prolonged bearish season, and we don't know when it will end.

But after the increase in BTC at the end of last year and some altcoins could increase high, it attracted people who had been playing stocks to join the crypto market. And even though they understand the risks of crypto that change all the time, they can accept it because they also face the same thing with stocks. And yes, awareness around crypto is starting to increase, and some people are starting to make crypto an investment alternative to the things they already use.

[Frankolala]

Investing in Bitcoin is more profitable than stock but you see these two investment have similar features which make both important to the investor. Bitcoin is a new and so many people that understands the concept are investing more in it than stock,stock was booming then when everybody were buying stocks and profits are been shared. Bitcoin is stored in a wallet and own by one person but stock belongs to ownerships and the profit is share among them.

Bitcoin makes 20-30℅ daily makes Bitcoin superior to invest in than stock because stock takes time and you will need a stockbroker to help you out in trading but Bitcoin is just you P2P which makes it easy for you to monitor your investment. Bitcoin is also used for transactions between boarders.

[DaveF]

Simple thought: Anything that gives people another investment route will dilute the amount of money they have to invest in other things so yes, it would have reduced interest in stocks simply because if you have "X" to invest and want to buy certain things you have to work you which is more important. So, people will invest less in stocks since they are putting some of their money into BTC.

Moving on with that thought having people invest in other things will drop stock prices a bit so other investors will look elsewhere. Bringing more people into BTC.

-Dave

[Rikafip]

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks.

Maybe you have different experience, but looking around me at the people who were investing in stocks long before bitcoin showed up, none of them switch to bitcoin completely, or have majority of their portfolio in it so somehow I doubt that people are massively ditching stocks. They diversify their portfolio of course and majority of them included bitcoin, but what's interesting though is that I know one old school stock trader who doesn't want to take care of bitcoin by himself and rather invest via Grayscale.

Having said that, I also know people that only started investing in stocks after they profited via bitcoin, as a way to diversify into something that has less amplitudes in price.

[S A KHAIR]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

Stocks offer low returns but also low risk and not everyone likes high volatility. I have a few friends who don't like bitcoin trading because they don't like its volatility and they think bitcoin's high volatility is caused by manipulation and not by supply and demand. They don't like a manipulated market because short term technical analysis doesn't work with bitcoin.

[qwertyup23]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I do think that it is the other way around.

The popularity of BTC has skyrocketed over the years given the returns that some have experienced. While stocks is heavily regulated and the trading session only applies to a specific time frame within the day, cryptocurrency reputation is steadily increasing, though regulation has becoming more stringent over the years.

Though I am curious as to the returns of stocks that you mentioned- I think it varies in a case-to-case basis as 20-30% returns is significantly huge in stocks.

[spectre71]

Some. It's part of an overall package. Some are "all in" on bitcoin and that seems scary. O'Leary calls it the 12th sector, I think that fits.

[Blawpaw]

As long as there is money to be made, speculators will always be interested. Stocks will always be popular among speculators as well as Bitcoin as it is a pretty volatile asset with lots of potential for experienced investors. They will invest in Bitcoin as in other assets without even having to bother knowing the technical and philosophical assumptions behind it. As with any other asset, stocks have been more popular than they are these days, but even so, they are still quite popular. And guess what; they treat bitcoin as if it was a stock, so in a way, Bitcoin has become a new stock-like asset for speculators.

All speculators care about is profit, so if there is money to be made, they will drop in, regardless if it is popular or not. And in fact, that is how they make money, by diving into an "asset" when it is still not popular.

[Flexystar]

I dont think that there are such stocks which can give that much in single year? I mean if you guys are able to trade on that level then I must be looking in the wrong direction for sure. Thats crazy profit proceed from the stock marketing.

I mean I have seen that Mutual funds and sometimes SIP's are able to give us returns like those but I don't know, stocks? I am surprised.

Moreover, there is contradiction between interest in bitcoin and stocks. It doesn't really make any sense. They both are happy in their own universe. I mean bitcoin is all ok with crypto space and the other one in real market. Plus who would compare apples and oranges.

[Davidvictorson]

Bitcoin give 20%-30% return in one day? show me when Bitcoin price increase 20%-30% in one day from the last two years! I will give you the link to track the historical data of Bitcoin price in order to help you more easier https://www.investing.com/crypto/bitcoin/historical-data I will wait your answer, don't run lol.

I agree with your view point. I also think that there's still as much people entering into the stock market as there are people going into the bitcoin market. Then just as some people are interested in stocks and others in bitcoin, there are folks who are interested in both and are heavily invested in both the stock and crypto market. Besides, I do not think there is a popularity contest between stocks and bitcoin.

[serjent05]

I do not think that the popularity of Bitcoin reduced the interest of people in stocks.  There are still lots of people who are hesitant of Bitcoin, besides on a crypto enthusiast will prioritize Bitcoin over stocks.  Traditional investors will always go after stocks because they believe in government regulation.  For them, Government regulation is security so they will take an interest in Bitcoin the least due to its unregulated market.

[hatshepsut93]

You are asking a question which can be answered with a survey or market data from exchanges. Unfortunately, there's no easily available data that links crypto investments and stock investments. But the marketcap of all crypto is less than 1 trillion, and SP500 alone is 33.5 trillion. So crypto is not any sort of competitor of big, mainstream stock markets, but it could be a competitor of penny stocks, since both them and crypto are high risk high reward "investments" that more often than not turn out to be scams.

[Ucy]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

Part of the reason for bitcoin popularity is the ease of acquiring it unlike stock. This, coupled with the fact that it's a unique currency with flexible uses and opportunities giving people who know what they are doing more control over their bitcoin and the Network. In regards to the profitability I don't think it's that easy these days unless you really know how to predict the price. I'm not sure I have seen a lot of people acquiring Bitcoin to become rich quickly these days.

If stock is that easy to aquire a lot more people will be into it. The 20-30% annual increase is profitable enough to attract any kind of investor to benefit from profitable investments.

[Nrcewker]

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

People have lost interest in stocks not due to the high returns, but maybe due to the decentralised nature of Bitcoins. Bitcoins provide anonymity and full control over the money, whereas stocks are hold in a 3rd party app and that too with much restrictions. Due to the flexibility provided in Bitcoins, many forex traders are shifting to crypto trading. This is just my observation to be honest.

[inthelongrun]

This I really believe. Especially when the world is in crisis from COVID-19 and now we are once again affected by the war in Ukraine. Stock markets are plummeting everywhere. World politics and power are currently at the highest level with many countries arming themselves for possible war anytime. The crypto market went down as well but at least it is decentralized. Bitcoin can be only affected indirectly.

In my country, I can feel that more and more people are shifting to crypto rather than stocks. Some are into both just like me but more stock investors are also investing now in Bitcoin. A few weeks ago I already started auditing my scattered stock holdings. I am planning to transfer most if not all of them into the crypto market. Our local stock market is too unstable, at least I am more confident that the crypto market will recover a couple of years from now.