Is it sensible to leave crypto for stock?

[Olamidetechie]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.
So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

[livingfree]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.

Sometimes, the news are relevant to the market move. But it's not always like that.

If influential people like CZ and Elon tweets for something and it doesn't react the way they want it to be, then it means that the retailers aren't following it.

The situation of the market is also important to understand that we're just having a correction and this isn't just a normal one that we've got.

10% of the market has been taken away and this alone is for Bitcoin. If someone is leaving crypto for stock, it makes sense for you guys to do it if you're a day trader.

IMO, that doesn't make sense if most in your portfolio comes from crypto. To each their own.

[Odusko]

It's gambling and there is nothing to lose, as long as altcoins are concerned we must have in place a mindset that take whatever comes From their market since most of the times altcoins have fallen more that their succeeded already, so don't be overly carried away because your friend made some good profits from a random coin, it happens anytime but mind the risks also and do your own research about any coin before you buy into it.

[asriloni]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.
So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

Don't be so dumb. Doing hidden marketing purpose by showing you have bought your own stock is prohibited and it can lead you to the administrative sanction or get fined.

Beside that if you feel crypto underperform compared to the stock, it's free for you to go to the stock. None's prohibiting you to do that.

[beveryu778]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.
So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

Where you invest is entirely your personal matter. However, there are many differences between crypto and stock. If you think that stock investment is more profitable and safe for you than crypto, then you can definitely do it. However, refrain from directly influencing anything and giving financial advice to anyone. Stock is not as easy as you think. There are very few people who have only success stories by investing in stock. It also requires skilled analysis skills to understand when a company's brand value will decrease and when it will increase. Stock investment is not an easy way to generate profit.

[tsaroz]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.
So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

Every investment has its own risks and perks and every sensible person would always suggest you to diversify your investment in order to increase your chances of profit and minimize loss. No one invests on a bad thing but we should always be prepared for the worse.
There's a so called Golden rule of investment "never put all your eggs in same basket."
Even though crypto has potential and all of us in the forum keep hyping on it, you should never keep more than 50% of your total investment in crypto. There are stories of someone selling his house in keeping all it in crypto to become a millionaire but like every market crypto won't increase for ever and even if it keeps hitting new time high, we are not sure how long the intervals would be.

[o48o]

Well you have chosen right time to do it while everything is still up.

If crypto market repeats itself, long bear market will soon begin. And you don't want to leave selling everything - 30% from here.

Obviously people will shout out (it's like meme again), that this time is different, but it never is. Fundamentals seems exceptional right before every long bear market starts.

[Emitdama]

It's gambling and there is nothing to lose, as long as altcoins are concerned we must have in place a mindset that take whatever comes From their market since most of the times altcoins have fallen more that their succeeded already, so don't be overly carried away because your friend made some good profits from a random coin, it happens anytime but mind the risks also and do your own research about any coin before you buy into it.

Gambling has a risk. It has two sides (either we win or lose). I think crypto is still more risky than the stocks. Crypto is not only about the altcoins but it also includes Bitcoin. We can't control what can happen but we still can do something in order to avoid losing. If not, we still can take it as a lesson in order to improve our selves. Most altcoins are only created for their developers to steal money.

So even if the altcoin falls after a success, that will still be considered as a success by the team. Those investors that enters and exit early and profit a lot, is also successful. There is no need to despair since there is always another one that comes after it.

[NurseHub]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.

Firstly you should understand that crypto and stocks have separate ways of doing things, one person's actions rarely move the market so if CZ both a crypto and the market  is crashing it doesn't make it bounce back, infact he also is benefiting from the crash that's why he grabbed the opportunity but if Elon gets a stock like his company shares people now rush into it because they know the will not be will to crash it by any action since his own and in crypto you rarely see coins owned by individual do so well because whatever action they take it affects them.

So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

  I understand the first paragraph but this paragraph I don't understand it, are you advertising something here or it still part of the conversation. ?

[Hispo]

Whatever fits you the best.
Though, I believe stocls are more suitable for people living in the United States or Europe, where there is clear and strong regulation and brokers need to be competitive in order to attract investors.
Going for stocks while living in a third world country in Africa, Latin America or Asia could mean one is at the mercy of very bad brokers which high fees and not very good liquidity.
At least with cryptocurrencies you can actually own your assets if you go for non-custodial approaches, with stocks in the third word you need to trust a broker or a wallet which allows one to get access to those markets.

[gunhell16]

Seeing a friend make good money from taking a news trade on Gold immediately gave me some sense of what we're missing in crypto, as it seems that some good news doesn't really have an effect on most of these coins we're buying.
Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.
So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

For now, just do what you think is right in terms of the results from what you're going to do, but you should also be prepared for unexpected things you might encounter. If you're not profitable
in crypto and you think you'll be profitable in stocks instead, then go for it.

But for someone like me who's in crypto, I'll stay because I'm benefiting from cryptocurrency most of the time. Though the local stocks here aren't good to invest in either,
since our economy in our country is crashing due to the weak leader we have as president right now.

[Mpamaegbu]

Imagine CZ buying a coin yesterday, and up till now, the coin is still down. If it were Elon that bought a stock like TSLA and posted it on X, it would have skyrocketed by now, because it would create FOMO.

A few weeks ago we all saw how some calls CZ made, insinuating tokens he was supporting, pumped. I believe why his recent revelation on tokens he bought aren't pumping now is simply because the market condition is that of fear. The Fear and Greed index has really dropped. A lot of investors are disinterested in the market ATM because of the level of uncertainty and dump happening.

So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto.

I wish you luck, anyway. However, you should know that the stock market also suffers losses too. No business is free from loss.

[SOKO-DEKE]

It's gambling and there is nothing to lose, as long as altcoins are concerned we must have in place a mindset that take whatever comes From their market since most of the times altcoins have fallen more that their succeeded already, so don't be overly carried away because your friend made some good profits from a random coin, it happens anytime but mind the risks also and do your own research about any coin before you buy into it.

That is the point some set of people are not getting about all these altcoin projects, especially beginners. That is the reason why most of them end up losing their funds easily in all these memecoin projects. They just invest blindly in some projects simply because someone told them they made a certain amount of profit from it.

Instead of doing their own research to know whether the project is worth investing in at that particular time or not, they skip that part. As long as the project is pumping, they are always ready to put in their money  without thinking that the project can also dump at any moment.

[passwordnow]

So I think I'll try to taste the stock world with GetAgent and see if it is actually better than crypto. I may even start by trading popular US stocks and seeing if I'll stand a chance to get to share in $250k worth of TSLA. Wish me luck, everyone.

Do what you think you should do, we've got limited time on this world and see if it's going to be profitable for you. But you're in a crypto forum and we'd say that staying to crypto is the best option for us. And if you know that you can do it and you'll be able to trade known US stocks and will make you some profits, don't listen to us and just do your thing and show us that you've got some good results because that's what you believe will work.

[OgNasty]

I think if you are successful in crypto, it is almost necessary to leave crypto for stock (to some extent).  Diversification in an investment portfolio is important.  If your crypto is outpacing everything else in your investment portfolio, it is only natural to do some rebalancing.  This is how you make sure that you will be able to survive and even thrive through the downturns.  If you're 100% crypto, you'd better make sure you have a steady and reliable income stream.  Otherwise, you may find yourself having to cash out at the worst time when an emergency arrives.

[TastyChillySauce00]

It's obvious you're shilling here but there are many perpetual Dexs that offer tokenized stock perpetual market as well as gold or even silver.

What you're looking for actually exist on-chain and you're just few steps away from trading them and there are many more RWA to come.
For me, a money that's in crypto already can easily rotate to that nowadays. So I don't really bother leaving crypto just for stock, also narrative changes.