Has the popularity of bitcoins reduced interest of people in stocks?

Ozero

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Quote from: Fortify on July 11, 2023, 02:38:23 PM

Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I don't think so, if anything crypto drew in a new crowd of people who hoped to follow the latest gold rush and "get rich quick" scheme. However the type of person who is really successful with stocks will generally be using strategies requiring a lot of patience, research and potentially sticking with an investment for a long time frame. However the same cannot be said for people who have funds kept in crypto and undiversified, because there simply is no long term evidence that it will succeed although this is of course changing year by year. Stocks are a small slice of actual companies, offering goods and services, that make a profit which is returned to shareholders in different ways - they are the business world that exist around us all.

The cryptocurrency market is very similar to the stock market. Only investing in the stock market takes place in real goods and services, and the cryptocurrency market is a market for digital assets. But nevertheless, I believe that the emergence of cryptocurrencies, especially in recent years, has reduced the desire of people to invest in stocks. Probably, there should already be some statistics about this. The ongoing effect will be noticeable if the cryptocurrency continues to develop and more people will be involved in this market.

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

Although no financial instrument offers a guarantee of earnings, it has the potential to earn depending on the risk ratio it carries. Cryptocurrencies provide more earning potential due to their higher risk compared to stocks and therefore attract investors. Due to the changing financial market and investor profile in today's conditions it has managed to attract more attention than stocks.
The biggest reason why investors prefer cryptocurrencies instead of stocks is of course that it has more earning potential in a shorter term. To make a general assessment I think that cryptocurrencies alone do not have enough potential to cause a decrease in interest in stocks.

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Quote from: Fortify on July 11, 2023, 02:38:23 PM

Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I don't think so, if anything crypto drew in a new crowd of people who hoped to follow the latest gold rush and "get rich quick" scheme. However the type of person who is really successful with stocks will generally be using strategies requiring a lot of patience, research and potentially sticking with an investment for a long time frame. However the same cannot be said for people who have funds kept in crypto and undiversified, because there simply is no long term evidence that it will succeed although this is of course changing year by year. Stocks are a small slice of actual companies, offering goods and services, that make a profit which is returned to shareholders in different ways - they are the business world that exist around us all.

So its really that truly that impossible that it would really be wiping out the total interest of people into stocks or even on foreign exchange considering that these things are existing around which means that they would here to stay. There's no solid truth about having that reduced interest because of the existence of Bitcoin or cryptocurrencies which we know that to those who had investing on traditional markets might really be able to check out on other things which are currently on trend on which it would be understandable that they would really be making out some diversification on other markets as form of spreading out your investment even more.
We know that basic concepts on how these things works on which it would really be that normal that the more investment you do have the more income or profits you could made but as we all know that there's no
such thing about guarantees when it comes to this manner.

Fortify

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I don't think so, if anything crypto drew in a new crowd of people who hoped to follow the latest gold rush and "get rich quick" scheme. However the type of person who is really successful with stocks will generally be using strategies requiring a lot of patience, research and potentially sticking with an investment for a long time frame. However the same cannot be said for people who have funds kept in crypto and undiversified, because there simply is no long term evidence that it will succeed although this is of course changing year by year. Stocks are a small slice of actual companies, offering goods and services, that make a profit which is returned to shareholders in different ways - they are the business world that exist around us all.

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Quote from: Jatiluhung on July 10, 2023, 05:46:44 AM

Quote from: hannahB4 on July 09, 2023, 05:19:59 PM

Those that are stock brokers and lovers won't stop their investment in it just because they've heard about bitcoin because old habits die hard like we know but in the case of such of these people, they could add bitcoin to it and add it to their investment portfolio for those that like digital asset and all.

Those who have been players in the stock market for a long time certainly will not leave the stock market just because the crypto market is becoming increasingly popular among investors. Because stock players, of course, they are comfortable and understand all the knowledge about stocks that have allowed them to survive and benefit to this day. So leaving stocks for the sake of entering the bitcoin or crypto market is certainly illogical. But maybe it is true that maybe they will also try to enter into the crypto market. in small portions while studying it carefully. and the more they understand crypto, the more likely they will also put crypto into it. But definitely slowly. and still make the stock market their main market. and crypto is only used as a side business by them.

That may not be true, just because they have been in the stock market doesn't mean that they are going to forever stay in the stock market neither. I believe that anyone who has been investing for a while even before getting into crypto could be a lot better to invest into bitcoin since that would already been a thing they are used to.

On the other hand, what we are talking about here would be a bit more troublesome when we are talking about not investing into crypto at all if you had shares of some company, that doesn't make sense. What could make you not invest into something that you wouldn't normally invest into just because you have seen stocks before and not going to prefer crypto over that, it just doesn't make sense that way at all.

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Quote from: Sayeds56 on July 11, 2023, 04:04:33 AM

I think emergence of Bitcoin as a new asset class and its rapidly growing popularity has drawn significant attention of small and institutional investors, despite its inherent characteristic of volatility. Bitcoin's status is a new emerging technology has created sense of excitement among investors. It is widely believed that early investors in such technologies potentially yield huge returns on their investment. Stocks are a different asset class representing ownership in companies and stocks are influenced by various factors such as overall state of economy, company's individual performance and overall market condition. It is possible that some investors may allocate some portion of their investment portfolio in Bitcoin and other crypto currencies, while maintaining their interest in traditional stocks.

Crypto is very new while crypto is centuries old trading platform and much more stable and regulated. I don't think crypto has reached to a level that it has surpassed stock in terms of attracting capital from investors, stock trading is still first and foremost choice for traditional investors. Having said that crypto has its own success story in very short duration i.e. in just 10 years crypto has introduced itself to global audience. Its still a win for crypto if investors are sparing some part of there capital for crypto.

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Quote from: uswa56 on July 10, 2023, 10:00:44 AM

I think yes, because many people want the possibility of high profits even with high risks, it becomes an attraction for people to be able to take big profits, which is different from the stock market.

Risk has a meaning that is proportional to the stages of a person to make a profit, the greater the risk, the greater the profit that will be obtained. The stock market has also not experienced a setback because there are still many people who use stocks as an investment and I believe that everyone involved in the stock market will find it easier to invest in bitcoin because of the similarity in the pattern of seeking profits, not because of the resulting risk talk.

Quote from: uswa56 on July 10, 2023, 10:00:44 AM

I also experienced the same thing, after playing stocks for a long time I thought I would not get big profits and that's why I switched to investing in crypto, even though I know that the risk is bigger than investing in stocks but it's quite worth it with the possible profits that will got.

The profit opportunities in bitcoin are far greater than in stocks, but the risk is worth the amount of investment you make and when it comes to bitcoin, not crypto in general. Another advantage of bitcoin is that it is resistant to recession and inflation and at least we have seen how when Covid-19 happened, even the stock market at that time experienced a setback as a result of the disaster. So that any sector had a very big impact at that time, but bitcoin can always be relied on.

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Quote from: Sayeds56 on July 11, 2023, 04:04:33 AM

Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Has the popularity of bitcoins reduced interest of people in stocks?

I think emergence of Bitcoin as a new asset class and its rapidly growing popularity has drawn significant attention of small and institutional investors, despite its inherent characteristic of volatility. Bitcoin's status is a new emerging technology has created sense of excitement among investors. It is widely believed that early investors in such technologies potentially yield huge returns on their investment. Stocks are a different asset class representing ownership in companies and stocks are influenced by various factors such as overall state of economy, company's individual performance and overall market condition. It is possible that some investors may allocate some portion of their investment portfolio in Bitcoin and other crypto currencies, while maintaining their interest in traditional stocks.

Some big money holders prefer to invest not in bitcoin itself, but in companies on the stock market that own bitcoin such as MicroStrategy Inc. Marathon Digital Holdings, Coinbase, Square Inc. Thus, they can pay less taxes and the procedure is clear to them, but this applies to those countries in which there is no clear transparency in paying income tax in cryptocurrency, in particular bitcoin.

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Has the popularity of bitcoins reduced interest of people in stocks?

I think emergence of Bitcoin as a new asset class and its rapidly growing popularity has drawn significant attention of small and institutional investors, despite its inherent characteristic of volatility. Bitcoin's status is a new emerging technology has created sense of excitement among investors. It is widely believed that early investors in such technologies potentially yield huge returns on their investment. Stocks are a different asset class representing ownership in companies and stocks are influenced by various factors such as overall state of economy, company's individual performance and overall market condition. It is possible that some investors may allocate some portion of their investment portfolio in Bitcoin and other crypto currencies, while maintaining their interest in traditional stocks.

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Quote from: nesty on July 10, 2023, 08:17:23 PM

Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I agree with you in some countries people are shifting to crypto because most of stocks now are moving downward a couple of years now and other stocks do not move that much compare to crypto currencies. A lot of people now are more interested in investing in crypto currencies because of the possible rate of returns compare to stocks. As i can see that a lot of stocks now in the market are stagnant and the profitability rate is very low. Crypto currency is a high volatility asset but if you have invested at a low price at the right time the profitability is very high. Most people now are aiming good enough profit but of course the investors should enhance their knowledge about crypto currencies to avoid such a big losses.

Cryptocurrency looks so attractive that many people are turning into crypto,
this is also accompanied by the rapid development of crypto and I'm sure this development will continue,
Bitcoin is also getting more and more popular and I think that is a testament to that.

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Does the presence of Bitcoin diminish people's interest in stocks? I don't believe so. It is true that Bitcoin prices can fluctuate dramatically within a matter of days, a characteristic that stock investors, who are accustomed to relatively insignificant volatility, must take into account. Currently, the crypto space is still in its infancy when compared to stocks.

Quote from: marcous on July 10, 2023, 01:19:32 PM

When viewed from the side of the advantages and ease of making investments, cryptocurrencies are more reliable than buying stocks. To buy shares, of course, several stages are needed to arrive at the process of taking profits and enjoying them. Of course this is among several factors that influence people to be less interested in investing in stocks along with the popularity of Bitcoin.

The majority of big investors won't hesitate to go through the process, as it concerns the security of their future funds. This serves as evidence that the stock market still holds a significant advantage over Bitcoin.

While there are Bitcoin investors with substantial funds, it pales in comparison to the amount of money invested in the stock market. In my opinion, the existence of complex stages doesn't deter wealthy individuals from buying stocks, as it remains their favored choice.

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I agree with you in some countries people are shifting to crypto because most of stocks now are moving downward a couple of years now and other stocks do not move that much compare to crypto currencies. A lot of people now are more interested in investing in crypto currencies because of the possible rate of returns compare to stocks. As i can see that a lot of stocks now in the market are stagnant and the profitability rate is very low. Crypto currency is a high volatility asset but if you have invested at a low price at the right time the profitability is very high. Most people now are aiming good enough profit but of course the investors should enhance their knowledge about crypto currencies to avoid such a big losses.

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I guess for sure when cryptocurrency become popular the stock traders and money were surely divided between stocks and cryptocurrency so there are obvious effects of that. When I was getting started on investment I originally planned to invest in stocks just in my country thinking that where I should put my money as an investment, cryptocurrency as an option as well but when I learn and gain knowledge on cryptocurrency I get hooked and started trading and buying bitcoin instead of investing on stocks, I learned that cryptocurrency trading is much faster because of the market volatility of cryptocurrency.

My cousin invests in our country's stock market and he told me that he's doing really well I see most of his posts on his social media post that he's doing pretty well and most of his trades are profitable, in my opinion, it is a much safer investment compared to cryptocurrency since these stocks are a local company and you could invest on long term and expect for a good profit, at the same time there are still risk since company could drop its value if its wasn't doing well.

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I think indirectly the popularity of Bitcoin affects one's interest in stocks. Individual interest in these two things, namely Bitcoin and stocks, varies greatly, of course, the increase in people's interest in Bitcoin is proportional to their overall understanding of this digital currency. Maybe the people you mean are domiciled in countries with sound regulations against Bitcoin, meaning that even though Bitcoin is still not legal for transactions, they do not issue regulations to prohibit individuals from investing in cryptocurrency. As for stocks, as we all know, this is legal in every country and some even provide guarantees for possible losses.

When viewed from the side of the advantages and ease of making investments, cryptocurrencies are more reliable than buying stocks. To buy shares, of course, several stages are needed to arrive at the process of taking profits and enjoying them. Of course this is among several factors that influence people to be less interested in investing in stocks along with the popularity of Bitcoin.

EluguHcman

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Yes it has caused a reduction influence over the stocks sector yet stock markets still leads by the numbers of investors due to the technical knowledge required on dealing on Bitcoin and the fear of it's digital system and most inventors wants to invest on physicalities

Though Bitcoin has its tendencies of high increases in the market and they both experiences inflations.

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Quote from: krishnaverma on November 14, 2022, 06:48:19 AM

Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.

I think yes, because many people want the possibility of high profits even with high risks, it becomes an attraction for people to be able to take big profits, which is different from the stock market.

I also experienced the same thing, after playing stocks for a long time I thought I would not get big profits and that's why I switched to investing in crypto, even though I know that the risk is bigger than investing in stocks but it's quite worth it with the possible profits that will got.

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Quote from: Jatiluhung on July 10, 2023, 05:46:44 AM

Quote from: hannahB4 on July 09, 2023, 05:19:59 PM

Those that are stock brokers and lovers won't stop their investment in it just because they've heard about bitcoin because old habits die hard like we know but in the case of such of these people, they could add bitcoin to it and add it to their investment portfolio for those that like digital asset and all.

Those who have been players in the stock market for a long time certainly will not leave the stock market just because the crypto market is becoming increasingly popular among investors. Because stock players, of course, they are comfortable and understand all the knowledge about stocks that have allowed them to survive and benefit to this day. So leaving stocks for the sake of entering the bitcoin or crypto market is certainly illogical. But maybe it is true that maybe they will also try to enter into the crypto market. in small portions while studying it carefully. and the more they understand crypto, the more likely they will also put crypto into it. But definitely slowly. and still make the stock market their main market. and crypto is only used as a side business by them.

Of course and this is out of the ordinary, and those who are used to using stocks to invest will not easily switch to the crypto or bitcoin market, because they will start from scratch learning everything about bitcoin including the risks.
Bitcoin is getting more and more popular and those who are familiar with the stock market must have heard of it and maybe some of them will learn about it too. Because they think bitcoin can provide greater returns over the long term than the stock market and it tempts them, and I often hear that many stock market investors and others are switching to bitcoin and some are doing both.

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I also think it did. People are hungry for profits. When average stocks can hand you %5-10 in return, average altcoin can help you make around %40-50 sometimes even %80 profits. Obviously people who are adventurous prefer Bitcoin and other altcoins. I think there isn't a single month Bitcoin didn't preserve its value or raise. For a year or something. Its very valuable asset/currency/investment. Stocks are out of fashion.

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Quote from: hannahB4 on July 09, 2023, 05:19:59 PM

Those that are stock brokers and lovers won't stop their investment in it just because they've heard about bitcoin because old habits die hard like we know but in the case of such of these people, they could add bitcoin to it and add it to their investment portfolio for those that like digital asset and all.

Those who have been players in the stock market for a long time certainly will not leave the stock market just because the crypto market is becoming increasingly popular among investors. Because stock players, of course, they are comfortable and understand all the knowledge about stocks that have allowed them to survive and benefit to this day. So leaving stocks for the sake of entering the bitcoin or crypto market is certainly illogical. But maybe it is true that maybe they will also try to enter into the crypto market. in small portions while studying it carefully. and the more they understand crypto, the more likely they will also put crypto into it. But definitely slowly. and still make the stock market their main market. and crypto is only used as a side business by them.

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Quote from: OpenCEX on March 17, 2023, 12:52:50 PM

Professional investors tend to diversify their portfolios. For example, they used to buy bonds in addition to various stocks. Some old-school investors like Buffett still do.
When cryptocurrencies reach mass adoption, then instead of bonds, stocks could become the low-volatility assets that should form a counterweight to crypto. And cryptocurrencies are likely to replace stocks in investor portfolios.
However, it’s unlikely that in the next decade we’ll see people holding only different cryptocurrencies in their portfolios. It’s more likely to be 50/50. Not everyone wants to make maximum profit at high risk.
Besides, we shouldn’t forget good old gold, which will remain a safe haven for many. So smart investors will diversify assets in their portfolio roughly as follows: 33% in cryptos, 33% in gold, 33% in stocks.

I agree with you, I don't really think that Bitcoin has converted any traffic from stocks to itself but those who might be interested in Bitcoin as well will diversify their portfolios and add Bitcoin as well. We all know that stocks have been there for decades and people believe in stocks more than cryptocurrencies because they are associated with real companies and firms and people understand how that market generally works more than the cryptocurrency market.

In my opinion, the stock market is more predictable than the cryptocurrency market because the news and stuff give it away about when a certain stock will either go up or down, the downfall of a company or a firm will be seen way before it happens by the experts in the market.

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