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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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11775117 No.11775117 [Reply] [Original]

stop treating any Cryptocurrency or Token as a Investment. It is literally alike with gambling.
Every Coin and Token discussed here is a Utility Token. Even when the starters of the project keep up with their promises - you dont have any stake or anything similar. As a "investor" you need to pray that your Utility token goes up in value through speculation in another hype phase to sell of your position. All other market participants are against you, omnipresent whales, market-markers, exchanges and miners are against you and could make you loose your whole funds. Trustless technology much, heh?

Its literally like gambling...

might aswell aim your money, time and dedication to something more established to give you more steady and reliable profits

>> No.11775146
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11775146

>>11775117
Niggers are a detriment to crypto as they are to designer apparel.

>> No.11775257

Some are worth long term holding (LINK and HOLO and BAT) like a real investment. But yeah most are only good for swing trading.