Almost every dollar you spend in crypto would be better spent in the stock market. Remember every penny you are losing on crypto is lost ground in the game of life if it gains you nothing. The stock market is at least subject somewhat to arbitrage boundaries wherein companies can go bust and companies must compete with profitability to maintain their status. In crypto even good projects are subject to tether distortions, founder dumps etc. At some point in time you have to grow up and look for real entrepreneurship. Crypto is massively concave right now and has been crushed by the stock market since 2017. This is new territory as previously crypto was heavily convex and very small. With its new size comes weakness and there are far fewer opportunities to earn anything. Start looking for real companies invest in and put the cryptos down. It’s ok.
Almost every dollar you spend in crypto would be better spent in the stock market...
+1 bobo
Thanks boomer just sold 100m
Anyone succesful trader starting in crypto today will be of more networth than succesful people starting in the stock market today in half the time. I've made far more in a month than I would in the SM. Went from $100 to 12k. Sure not anything but the snowball effect does exist and if trend continues I'm on the path to much more. Now tell me would this be possible in the SM in a month timeframe?
>Went from $100 to 12k
did you flip rugpull shitcoins?
stfu u black basterd
boomer stocks with 3-5% gains anually HOLYSHITOMGLETMEBUYASAP!!!!!
You got lucky. On the other side of those traders were people who lost the same. When company profits can inflate stock price with buybacks and dividends stock prices go up. Yet crypto merely has massive constant supply increase creating many more losers than winners at least among speculators investors and traders
>wherein companies can go bust and companies must compete with profitability to maintain their status
imagine believing this in 2020
The average yield of the s and p annually is 13%. That compounds out of control pretty quickly. After the S and P and nasdaq crashes they didn’t stay 45% off all time high for 3 years. Tick tock crypto people.
>crypto has been crushed by the stock market since 2017
objectively incorrect. unless you only bought the 2018 peak, you'd still handily be beating and stock index.
If your volume drops you get removed from indices fren. There is a mechanism by which large exchange traded companies are punished for bad business practices.
Yeah, all riskier plays. Dont hold btc/eth or anything normie. Been rugged a couple of times but when it works it works. Couldve literally turned that 100 into 30k on my 2nd trade ever with bast but I sold early. Went in LGE on Core and that gave me a huge boost. The key is being early and able to distinguish scams from the good.
48% off all time high. How long are you going to give it user.
You got lucky. It’s only a matter of time before you start losing too.
you're actually retarded?
You'd only not beating the stock market if you literally only bought the top.
If you DCA'd at all (or bought outside those 3 months), you're beating stocks by a significant margin.
This is objective truth and not disputable.
Whatever you say. We have a refined , thorough process of distinguishing them, like I said been rugged a few times but we pick winners 90% of the time. Also once you do have a 500k+ folio you can move into more legitimate projects and keep 30k or so to continue the shit sharade. This is a building block.
Wrong. Overall market cap in crypto is barely half of all time high. How many excuses will you make?
There are almost no probably legitimate projects in crypto.
I lost 6 grand in a day trading futures. So i fuess its possible to make that much in theory.
Ok, I'll speak slow and use small words for you.
DCA, or (dollar cost average) is a common investment style where you buy into the market at set intervals (say every month) to minimize market swings
Starting at any point in the past and using this method you will show greater returns with crypto, when compared with any stock index.
Therefore, crypto is a better investment.
That's a blatant lie and you know it. Have you considered the fact that you are going through the denial stage atm?
The problem with your math is that it only works if each dollar cost buys you an equal share of the distributed market. It doesn’t in crypto because there are constant new cryptos and cryptos disappearing. Dca doesn’t map to market cap in crypto. Also it assumes you will always have money to invest but the truth is you are a human not a robot. You have uncle points. You don’t always have dollars to invest. Roi is a much better number. Easier to just invest and be done with it than do the Chinese water torture of 10% of every paycheck into investment. This is why older people are beating you so badly in every aspect of life including finding your women easier than ever. You lack people with the most basic understandings.
Bitcoin and eth are the only two I feel confident in saying aren’t scams. The rest are at least a little questionable
Then DCA only into BTC, or BTC/ETH, you still will beat any stock index.
Keep trying to argue against easily confirmable and objectively true math though, it's cute.
Missing out. But you do you.
Cope of the highest order me ep moving the ball. Look at volume of btc and eth ie when people in the real world are buying. DCA does not map to real life in any way.
Half of the stocks are scam or insolvent companies waiting to go belly up. The risk of crypto vs stocks is exactly the same. You can gamble with high risk penny stocks and lose it all just like you can gamble with high risk defi projects and lose it all.
Thinking stocks are better just shows your lack of knowledge of the stock market.
I will hold BTC though once I hit 100k. I just dont want to put near all my folio for one btc when what I'm doing works. But it is a good hold always.
No I’m up in crypto because I got in when it was convex. I am a pretty 2017 crypto investor It has lost most of its convexity due to the sheer increase in the number of projects. I’ve cashed out more than twice what I put in but my remaining crypto is still about 20% of my portfolio. But you need to be doing far more investing in safer assets such as index funds to be more rigorous first and then go into crypto.
You mentioned crypto market cap, not me.
How does DCA not map to real life? It's a real strategy I have been using for years, I have more money now than if I had invested the equivalent in stocks. Like, actually, IRL.
kek, I figured I was arguing with a troll, but you are actually a brainlet
The stock market as a whole had hundreds of years of survival. Buying index funds saves you from the risk of individual company blowups.
DCA does not map to real life at all. You can prove that just by volume spikes. No one not even you invests at consistent time intervals and in consistent amounts.
>food shit comes out
>dumb buys
>toss money in
>parachute out after 30x in 8 hours before obvious dump
where can i do this in the stock market?
Explain in more detail why DCA isn't possible for me? I'm particularly interested in your 'volume spikes' theory.
You can’t but you can’t do it consistently in the crypto market either. A few people pull it off a couple of times and make a ton of noise and the massive number of people who lose just stay silent.
You’re just a human. You can get sick lose your job have a car breakdown etc. nothing guarantees that you will always be able to invest the same even if you are one of those robotic humans that has managed to pull it off for a few years. Volume shifts show that people in the real world do not invest in this way. The number is not rigorous or empirical.