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RE: Responding to Questions About Bitcoin and Cryptocurrency
Though both have risks, their nature is different. In gambling, I see a 50/50 win/lose ratio; when you lose, your capital disappears. In stocks, it's rare to see your capital go to zero. In cryptocurrency, your capital might also crash to zero if you pick up the wrong ones.
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That's #TooFuneh
How long have you been a stock trader?
I am sure the gambling houses are doing better than 50/50 ratio.
Understanding Risk versus Reward is a must. Comparing stocks to crypto doesn't offer much to me. In fact, saying crypto is misleading.
Best to be more specific and give context when making such comparison. The amount of resources an individual has cannot be neglected.
I appreciate the exchange.
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