Crypto currency are digital assets

[Greggry]

Cryptocurrencies are volatile, yes, but with volatility, you can earn your dough. But you just earn money with proper time assigned to learn the system because you must be well informed. There are cases where people are doing well in the market is all about determination plus knowledge=cash
You've probably heard about $25 turning into $200?? It is more than possible.

It could take a few weeks, days, months or years.
What matters is the right update, and the part you play, which is DYOR.(Doing Your Own Research),
 *Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.
Many people don't have patients though, learn to be patient while into crypto, observe the price, volumes and market, you're good to make it.
Best of luck. You can get more info on crypto updates

[mk4]

*Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

I'd be very careful with that statement, as 99% of cryptocurrencies are highly likely to be heavily under-performed by most healthy fiat currencies simply because 99% of cryptocurrencies are simply scams and trash.

I'd say "assetsbitcoin is more guaranteed to hold value than cash, overtime" instead; as a "safer" statement for newbies to not easily misunderstand.

[Don Pedro Dinero]

*Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

I'd be very careful with that statement, as 99% of cryptocurrencies are highly likely to be heavily under-performed by most healthy fiat currencies simply because 99% of cryptocurrencies are simply scams and trash.

I'd say "assetsbitcoin is more guaranteed to hold value than cash, overtime" instead; as a "safer" statement for newbies to not easily misunderstand.

This. I hate it when people talk about 'crypto', putting bitcoin on equal footing with over 23,000 other shitty altcoins, most of which are only going to lose money for people who even think of putting money into them. They are even worse than cash, which is saying something. Let's learn the essential difference between bitcoin and the rest, and stop talking about 'crypto'.

On the other hand, the OP is somewhat right that in theory they are assets, but realistically, as most of them are going to lose investors money, they are more like liabilities.

[Outhue]

You are dead wrong, digital assets are not guaranteed to hold more value than cash, please do not go around telling people that they all hold more value than Fiat.

The only digital asset that's superior to Fiat is Bitcoin, and altcoins are highly volatile and riskier exposure for investors, and 99% of altcoins are not safe, in this bear market only Bitcoin has managed to withstand the hit.

Bitcoin goes down to 70%+ in loss and altcoins loses over 90%, some are even at 98% as we speak, how can such asset hold more value than Fiat? Only Bitcoin shines when it comes to value, I like altcoins too but the truth needs to be told.

Bitcoin is the King.

[TravelMug]

Cryptocurrencies are volatile, yes, but with volatility, you can earn your dough. But you just earn money with proper time assigned to learn the system because you must be well informed. There are cases where people are doing well in the market is all about determination plus knowledge=cash
You've probably heard about $25 turning into $200?? It is more than possible.

It could take a few weeks, days, months or years.
What matters is the right update, and the part you play, which is DYOR.(Doing Your Own Research),
 *Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.
Many people don't have patients though, learn to be patient while into crypto, observe the price, volumes and market, you're good to make it.
Best of luck. You can get more info on crypto updates

Depends which currencies you are holding or which defined as assets. So far only bitcoin hold that distinction for me, it has proven itself as a safe haven specially during the pandemic.

But the rest? the risk is too high for the majority of altcoins. Maybe there are that grow x10 or even x100, but it's hard to find that gem and most of the time it's pure pump and dump so I wouldn't say that they are assets per definition.

[Nwada001]

You've probably heard about $25 turning into $200?? It is more than possible.

This is likely achievable on mostly altcoins, which in turn also have a higher risk major. Unless we hold Bitcoin for a long time, we can barely see such a move in a short period of time. 

*Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

Not all crypto currencies are qualified to be called "assets." Most of them tend to hold more risk than fiat currency, and as such, they should be regarded as liabilities rather than assets, just as Don Pedro Dinero have suggested. 

This. I hate it when people talk about 'crypto', putting bitcoin on equal footing with over 23,000 other shitty altcoins, most of which are only going to lose money for people who even think of putting money into them.

You don't really need to hate it; those who compare Bitcoin to other currencies that are out there are just emphasizing based on the level of knowledge they hold on crypto; most of them really don't know what is what or what makes Bitcoin stand out over all of them.

[sunsilk]

Yes, cryptos are assets but not all of them can be a good store of value and to be held. As said, the best crypto to hold is bitcoin and you've got the assurance of your money in there.

But we can't just stop those investors that goes into the path of random altcoins because that's what they like to have.

They might be patient but they don't have the nicest choice which we have been spoonfeeding them for a long time to buy bitcoin.

[lovesmayfamilis]

OP, I've been following your activity, and it's good that you've started to read a bit of what others have to say. Just change the word cryptocurrency in your post to Bitcoin. For the rest, you may be right.
To me, your post looks like a forum reading test. Your efforts to earn merit again failed. But at least you're trying.
Continue reading, and start responding to other users' posts and not creating only your own topics every day, which have been discussed thousands of times.

[Dr.Bitcoin_Strange]

Bitcoin is the real asset because it has been in existence for 14 years now, and for the time being, some price speculators and price analysts have observed and noted the historical price movement of Bitcoin, whereas some other cryptocurrencies out there are not even up to two or three years, so it has not yet been determined how reliable that coin or token is. Some cryptocurrencies, perhaps all Altcoins are just a waste of finance because, even if the team is well known and trusted, they can just come up with some stories, and before you know it, the project is dead and you cannot get your invested funds from them. An example is the case of Tera Luna, which is caused investors to totally lose their funds.

[Doan9269]

Cryptocurrencies are volatile, yes, but with volatility, you can earn your dough.

When we are talking about cryptocurrencies, we need to be more specific on the particular crypto we are referring to, eome were believed to be shitcoins because of those behind the project, all crypto might be volatile but doesn't mean all should worth having your investment, instead of you earning from them, you may end up loosing and even loose tye entire investment made when a coin fails or got hacked on centralized exchanges.

*Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

Not all cryptocurrencies are asset, only bitcoin can ve regard as an asset because if can't cease to exist overnight or cart away your entire investment like a thief in the night.

[un_rank]

Bitcoin is the real asset because it has been in existence for 14 years now, and for the time being, some price speculators and price analysts have observed and noted the historical price movement of Bitcoin, whereas some other cryptocurrencies out there are not even up to two or three years,

Bitcoin is a real asset cause it has real utility. It was as much as asset 13 years ago as it is now, all that has changed is how much people are aware of it. There are shitcoins that have existed for five years or longer, anchored on by the desire for quick wealth and amount of new investors who only care about profits with little research on the product.

When choosing an investment, you consider more factors than years in existence or rank by market cap, like decentralization, freedom/custody, supply system, utility, liquidity...

- Jay -

[Dr.Bitcoin_Strange]

When choosing an investment, you consider more factors than years in existence or rank by market cap, like decentralization, freedom/custody, supply system, utility, liquidity...
- Jay -

Yes, man, I never thought of that, but you are right, and it's good that you added. These are really the things one must consider before carrying on with their investment so they are aware of the level of risk involved. I know about a few altcoins that have stuck around for several years, but investing in them is just a matter of waiting for the price to appreciate, but instead they keep dropping in price and there is not enough trading volume; some exchanges even end up delisting them from their exchange. Is really good to check those factors before choosing to invest in any altcoins, and by the way, I would even be the least person to advise a crypto newbie to invest in altcoins except Bitcoin, because unlike experienced crypto enthusiasts who some times are able to filter out some few altcoins that they can earn profit from before they dump, newbies are not easily able to filter out good coins to invest in and if they are unlucky, can buy when the price of the token is high and after some weeks, they dump, and may never have a good attraction in the crypto market.

[Daniel91]

We really can't say that every cryptocurrency has some value and is a good project.
For something to be an asset, it must be resistant to risks and disturbances in the market and hold value over a long period of time.
Personally, btc and eth seem to fit the definition of digital assets the most right now, in my opinion.
There are some other good crypto projects but they have yet to pass the test of time.
However, when you think about investing in crypto, you should analyze the crypto market in detail and, in accordance with your financial capabilities, make an investment plan and have a clear exit strategy.

[michellee]

You can only make money on crypto by learning and it is possible that $25 could turn into $200, as I'm sure many of us have experienced. By learning how to earn money from crypto, you will know several ways to get started, even just by investing in crypto with a limited amount of money. And yes, DYOR will be the most important part of making money from crypto. Apart from that, we must learn to be patient because cryptocurrencies fluctuate and we must be observant to get the right moment to start buying.

And if you want to have assets to invest, only bitcoins are eligible, while other coins will be your support to make extra money. So you should focus on bitcoin as the main asset when investing in crypto.

[Sidra101]

 Cryptocurrency is also decentralized, which means it is not subject to the same regulations and restrictions as traditional financial assets, making it more accessible to people in some parts of the world. but for the fact that is an asset, it's a risky investment due to its volatility and the lack of regulation in the cryptocurrency market.

[un_rank]

but for the fact that is an asset, it's a risky investment due to its volatility and the lack of regulation in the cryptocurrency market.

Bitcoin has the protocol rules which regulates it. It is as certain as any system in the world and does not need any human interference to operate.

• Every ~10 minutes a block would be confirmed,
• every 2,016 blocks there would be a difficulty adjustments,
• Every 210,000 blocks there would be a reward halving.

We does not rely on flawed means of regulation, bitcoin has its own system which is supported by consensus rule to ensure there are no bad actors and maintain the security. You do not need to trust anyone, just verify.

- Jay -

[Luffygroove]

Cryptocurrencies are volatile, yes, but with volatility, you can earn your dough. But you just earn money with proper time assigned to learn the system because you must be well informed. There are cases where people are doing well in the market is all about determination plus knowledge=cash

Well, I kind of agree with this one. In fact, that volatility could be like two-sided blades, which could give you advantages but also slice you. Volatility is the one that attracts many people to jump into the crypto world since people could gain profits from the price discrepancy. I just want to add that, beside determination and knowledge, in order to be successful in trading, you also need good emotion control since it's important to have a clear head when you make a decision.

You've probably heard about $25 turning into $200?? It is more than possible. It could take a few weeks, days, months or years.

Talking about volatility, it could even take just a minute or hours for the price to flip, but yeah, in general, it happens when we're in the bullish season, but it's true we should prepare for the possibility you've mentioned too when the market gets bearish.

   What matters is the right update, and the part you play, which is DYOR.(Doing Your Own Research), 

DYOR will always be mentioned in the crypto world since you can't depend on other people's decisions to decide your fate. Your money is your responsibility, not theirs, and you can't be angry at other people's judgment when many people in the crypto world just want to hype their bags and drag you in. When theyre able to sell their bags for a good price, they'll leave you out. Be careful.

  *Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

Well, I should say that cryptocurrencies are unique assets where you can't treat them all the same because there are cryptos that have a long-term basis, a short-term basis, or are not even valuable at all at some point. Yes, Bitcoin could be a long-term basis asset. Some alts could be too; other alts could be on a short-term basis or trashes too. So be careful about this.

Many people don't have patients though, learn to be patient while into crypto, observe the price, volumes and market, you're good to make it.
Best of luck. You can get more info on crypto updates

Patient is the key. Just like I've said above, besides the determination and knowledge that you've mentioned, we also need good emotion control to succeed.

[mk4]

Cryptocurrency is also decentralized, which means it is not subject to the same regulations and restrictions as traditional financial assets, making it more accessible to people in some parts of the world. but for the fact that is an asset, it's a risky investment due to its volatility and the lack of regulation in the cryptocurrency market.

A bunch of misconceptions here.

1. Cryptocurrencies can be decentralized, but most definitely aren't. Non-custodial and open-source =/= decentralized
2. Something being decentralized doesn't make it immune to regulations. It's just that regulations are far easily bypassed because of crypto's non-custodial and pseudonymous nature.
3. Something being "an asset" doesn't make it automatically volatile.

[Learn Bitcoin]

OP, I've been following your activity, and it's good that you've started to read a bit of what others have to say. Just change the word cryptocurrency in your post to Bitcoin. For the rest, you may be right.
To me, your post looks like a forum reading test. Your efforts to earn merit again failed. But at least you're trying.
Continue reading, and start responding to other users' posts and not creating only your own topics every day, which have been discussed thousands of times.

This is the most accurate answer to this topic I sought.
It's like a newbie writing tutorial for newbies. A newbie suggesting to other newbies what to do 
Guys, Don't hear newbies. You don't have to hear me because I am also a newbie. 

[Merit.s]

Most newbies misunderstood bitcoin and they think it is the same as other crptocurrency which is wrong. Amongst all crpytocurrency bitcoin is the only one that can survive in this harsh economy and is a better asset to use as a store of value. Other altcoin are scam projects and in no time their value will go down to zero. Don't get it twisted OP, you statement will mislead those that don't have the idea of bitcoin to go and invest on any crpytocurrency, so please be more specific on using the word bitcoin. Everything that you said about bitcoin is right and I hope with your understanding on bitcoin investment, you will surely make profit if you can hold for long.