/biz/ - Business & Finance

You fucking morons don't fall for the crypto meme an average of 1000 people kill themselves after losing so much money and you can't cash out.

Any sensible investor will tell you cryptocurrency is a shit investment. If you time it right and you're lucky, you can make a shitload of money on the upturn, but if you're unlucky, like anon, you can lose a shit ton. The trouble with cryptocurrency is that it doesn't behave like a fiat currency nor does it behave like a stock. This is because the only factors driving the price is hype and inherent demand, making cryptocurrency insanely volatile. There are tons of other ways to invest your money without taking on the insane risk of crypto investing.

Source: I have a degree in finance and worked for a financial services firm. I also spend a lot of time trading and researching investment opportunities.


Invest in stocks its safer and has real value and it's not so volatile as shitcoins