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Topic: Has the popularity of bitcoins reduced interest of people in stocks? - page 4. (Read 1365 times)

sr. member
Activity: 1456
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Crypto industry is available for all users and all users of bitcoin is happy with investment return from bitcoin. There involved numerous risk with crypto coins but bitoin is less risky while other most of the coins cannot be profitable for all the time. Crypto has acceptable throughout the world but bitcoin is accepted more and more day by day.

The profit depends on a person thoughts as well as on user's interest that in what type of mechanism he wants to involved. If even bitcoin is trustworthy but a person does not take interest in it then surely he will be unable to receive good outcomes.

All ways are full of income but if manage with good efforts and brilliant mind
full member
Activity: 812
Merit: 108
Yes, I'm not denying stocks are outperforming bitcoin in terms of growth, number of users involved, return/risk value - in my country the share of players is almost double  with bitcoins.  Of course, everyone understands that the power of bitcoin is the freedom driven by market demand.  Securities are legally guaranteed, but that is also a dependency, whether the government will one day introduce a double stock tax rate the way the Biden administration has imposed on the rich in 2021.  , that's just part of the stock - manipulation
In certain niches, the seamless transition between stock-bitcoin users became relevant at times, not a coincidence.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Right here in my country, my friends are investing more in stocks than in bitcoin. Simply because investing in bitcoin is riskier, plus it's volatile, investing in bitcoin is not recognized and protected by law. In contrast, stocks have the management and control of the law, so securities trading will be safer. Volatility is also a big obstacle, many people don't like roller coasters. In my opinion, cryptocurrency will not be able to surpass the popularity of securities because of the problem of risk that it brings.
People want to keep their money safe, that is the whole point. Knowing some new asset which has a lot of government focus and getting a lot of flak from it, does not make it a asset worth putting savings in for many people. For the younger generation it might be feasible to hold bitcoin for long term as they row but for the older generation they would not want another disaster on their meager pension/earnings.

There are so many assets which are under centralized control and the investors are protected from fraud, unless they are willing to accept the risks of crypto and know how to avoid them, such people will rarely come in to investing on cryptocurrency.

Hence on the bigger scale, the investors in stocks is way more than crypto, this forum is a very small representation of the global population.
sr. member
Activity: 2436
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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.

You can't blame them since the profit in Bitcoin after some years of waiting is really big, compare to stocks that you need to wait so long before you could make profits. People started to believe in Bitcoin because of its great potential. Even though a lot of people still doubt Bitcoin, some of them sees the chances of making wealth in the long run that they can't make in any other investment they made before.
sr. member
Activity: 2268
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Yes, it must be admitted that from year to year the number of users is increasing,
this is certainly very good for the development of crypto,
for the long term Bitcoin is a promising investment and will be profitable.
The increasing number of crypto and Bitcoin users is actually an indication that crypto has indeed been seen as a very good job and Bitcoin has been considered a very good currency so that it makes it the best asset for future investment. This really doesn't need to be said anymore because many people already know, so everyone only needs to think about how to benefit from Bitcoin and other cryptocurrencies in the long term because that will always be everyone's motivation to stay in Bitcoin and cryptocurrencies.
There is no doubt that it is true that bitcoin succeeded in attracting many people who then became one of the people who invested in bitcoin. Even though a lot of FUD has always led to bitcoin, that hasn't stopped it from getting even more popular. I remember that at the beginning there were so many people who were against it and even that has happened to this day. But I don't see that many people who oppose this leave bitcoin, instead it makes people curious and in the end it becomes part of bitcoin.
sr. member
Activity: 1288
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casinosblockchain.io
Yes, it must be admitted that from year to year the number of users is increasing,
this is certainly very good for the development of crypto,
for the long term Bitcoin is a promising investment and will be profitable.
The increasing number of crypto and Bitcoin users is actually an indication that crypto has indeed been seen as a very good job and Bitcoin has been considered a very good currency so that it makes it the best asset for future investment. This really doesn't need to be said anymore because many people already know, so everyone only needs to think about how to benefit from Bitcoin and other cryptocurrencies in the long term because that will always be everyone's motivation to stay in Bitcoin and cryptocurrencies.
hero member
Activity: 1960
Merit: 547
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Which source is saying Bitcoin reduce stock popularity?

You can check on this site [1] to see the all time graph of S&P 500, you will see the price is still steady increase and not keep decreasing, which mean many people are still invest in stock. Not all people have knowledge and understand about Bitcoin, because they think Bitcoin is not secure since it's digital and doesn't have any insurance. That's why those people are prefer to invest in stock.


[1] https://www.marketwatch.com/investing/index/spx

Right here in my country, my friends are investing more in stocks than in bitcoin. Simply because investing in bitcoin is riskier, plus it's volatile, investing in bitcoin is not recognized and protected by law. In contrast, stocks have the management and control of the law, so securities trading will be safer. Volatility is also a big obstacle, many people don't like roller coasters. In my opinion, cryptocurrency will not be able to surpass the popularity of securities because of the problem of risk that it brings.
hero member
Activity: 1190
Merit: 803
Which source is saying Bitcoin reduce stock popularity?

You can check on this site [1] to see the all time graph of S&P 500, you will see the price is still steady increase and not keep decreasing, which mean many people are still invest in stock. Not all people have knowledge and understand about Bitcoin, because they think Bitcoin is not secure since it's digital and doesn't have any insurance. That's why those people are prefer to invest in stock.


[1] https://www.marketwatch.com/investing/index/spx
hero member
Activity: 1540
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Leading Crypto Sports Betting & Casino Platform
There is no specific data that we can convey that the popularity of bitcoin has reduced people's interest in stocks. But from what I've learned, bitcoin's decentralization makes people more likely to own it than people are interested in staying in the stock market.

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.
Bitcoin is widespread in terms of adoption because it has the power to survive in any conditions, recession and covid-19 are general descriptions regarding bitcoin's strength in maintaining value, on the other hand the stock market experiences ups and downs that are unable to react like bitcoin, so the steps to choose bitcoin are more profitable compared to the stock market.

However, bitcoin also has risks that affect price fluctuations, but for long-term holders this is not a big problem, because the cycle will run again according to the applicable stages.
legendary
Activity: 2772
Merit: 1127
Bitcoin isn’t some get rich quick scheme and like other investments and stocks in the stock market, profit takes time. It doesn’t just grow overnight so you could reap whatever gains you could get.
The stock market is still a viable way of investing and making some profit as well. Admittedly, investing in bitcoin for the long run would be lucrative, there are also numerous company stocks available that could give you huge profits as well. Investments generally take time to give you any profit if any.
Yes, it isn't but again like he said, BTC still moves faster than the stocks. I think that is because BTC is decentralized and there is no one out there to regulate its price or its market. This might also be the reason on why BTC is volatile, which is another factor for the price to rise and fall quickly. Only those who are newbies think that BTC or any other cryptos are a get-rich-quick scheme, this is why they hurry up investing after hearing some positive testimonies and they can even disregard learning first.

As a result many of those newbies lost their money. I don't think the popularity of BTC reduced the interest of people in stocks but I think it increase their interest on it because people who got involved in BTC, eventually learn that diversifying on different assets is a good thing.
full member
Activity: 1092
Merit: 227
Nahh, I dont think this is true by any means, Stocks is life for billions of people mate because of what it gives them in return. There is no comparison to the stock market and the amount of money that is invested into it. In front of the stock combined market value bitcoin is nothing and it can not attract all of them at once. Yes there is impact, and one of the greatest one but it does not mean the popularity is shifted towards the bitcoin.

There are big companies, big assets, big infra and businesses running on the public shares, people love it, people want to see that growth in the company they invest. They want to see their money grow crazy. There is different energy mate. So I respect bitcoin but we cant always choose it as the bestest.
sr. member
Activity: 742
Merit: 275

Stocks are too slow when we compare it with bitcoin. People want quick gains and that is what bitcoin gives when put side by side with stocks and all others. It is also happening to me. Stocks does not appeal to me again since I learnt about bitcoin. It is easier for me to follow bitcoin than the stock market that has numerous company stocks to follow.

Bitcoin isn’t some get rich quick scheme and like other investments and stocks in the stock market, profit takes time. It doesn’t just grow overnight so you could reap whatever gains you could get.
The stock market is still a viable way of investing and making some profit as well. Admittedly, investing in bitcoin for the long run would be lucrative, there are also numerous company stocks available that could give you huge profits as well. Investments generally take time to give you any profit if any.
sr. member
Activity: 728
Merit: 444
The answer simple- the popularity of bitcoins hasn't reduced the interest of people in stocks. As we may have read or heard, bitcoin is majorly popular among the young people. That is people who are called millennials and Gen-Z. Stocks are more popular among older age groups. That is people who are called BabyBoomers. Why is this so, millennials and Gen-Z understand the tech better than BabyBoomers who understand the manual side which is what stock is. It is a different era. Maybe in the next era the young people there will not have anything to do with bitcoin but their own thing at that time whatever it maybe.
sr. member
Activity: 938
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The stock market is far more reliable than Bitcoin for many people out there, you can't compare Bitcoin and crypto market conditions with that of Stick market, you can invest in Apple or Amazon easily because they are visible companies but crypto is digital and volatility is very high, for safest investment people will always choose Stock over Bitcoin but for the best return of investment Bitcoin wins.

I believe that this is only a matter of time, crypto is growing faster than past year, now big companies like Amazon is getting into crypto, very soon all Stock investors that are not into crypto yet won't have any choice to keep avoiding Bitcoin and crypto.  
legendary
Activity: 1946
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Leading Crypto Sports Betting & Casino Platform
I don’t think the popularity of bitcoin which has drastically risen and still doing so would reduce people’s interest in the stock market. People would just be more inclined to diversify on their investment. While some people have only traded in stocks, the arrival of bitcoin has swayed a fair share of people to invest in it. That doesn’t mean they no longer invest in the stock market, it means a new portfolio for bitcoin would be created.
I think people would always invest in the stock market.

The classification of investors is divided into several types and for Bitcoin itself it is mostly dominated by millennials, almost of whom are more interested in Bitcoin. The basic reason is its own challenges ranging from its volatility and the usefulness of Bitcoin for individual freedom. While the parent group prefers stocks because of their conventional nature in looking at investment.

From these 2 groups, we can now see that the level of interest in Bitcoin is increasingly unstoppable. In terms of its benefits for millennials, Bitcoin is an investment target that fits their criteria. Millennials themselves tend not to want any ties or government interference, they want to control their Aoa as they please and Bitcoin has offered that for a long time. So that the millennial welcome rate soars high until 2023, millennials know more about Bitcoin than stocks.

You're right: younger generations are driving Bitcoin's popularity. It's fascinating how they portray it as a business opportunity that promotes their principles. Bitcoin's popularity comes from people' desire for financial freedom, in my opinion. As a decentralised currency, it offers management unmatched by other capital investments.

However, Bitcoin is a risky new asset class. Thus, it may appeal, but not universally. Before investing, investors, especially millennials, must research and understand the risks.

Understand that Bitcoin isn't your sole investment option. It's valuable, yet there may be better options for a particular person. For example, many investors have had success investing in the stock market.
hero member
Activity: 1974
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Free Crypto Faucet in Trustdice
I don’t think the popularity of bitcoin which has drastically risen and still doing so would reduce people’s interest in the stock market. People would just be more inclined to diversify on their investment. While some people have only traded in stocks, the arrival of bitcoin has swayed a fair share of people to invest in it. That doesn’t mean they no longer invest in the stock market, it means a new portfolio for bitcoin would be created.
I think people would always invest in the stock market.

The classification of investors is divided into several types and for Bitcoin itself it is mostly dominated by millennials, almost of whom are more interested in Bitcoin. The basic reason is its own challenges ranging from its volatility and the usefulness of Bitcoin for individual freedom. While the parent group prefers stocks because of their conventional nature in looking at investment.

From these 2 groups, we can now see that the level of interest in Bitcoin is increasingly unstoppable. In terms of its benefits for millennials, Bitcoin is an investment target that fits their criteria. Millennials themselves tend not to want any ties or government interference, they want to control their Aoa as they please and Bitcoin has offered that for a long time. So that the millennial welcome rate soars high until 2023, millennials know more about Bitcoin than stocks.
sr. member
Activity: 1890
Merit: 252
Simple thought: Anything that gives people another investment route will dilute the amount of money they have to invest in other things so yes, it would have reduced interest in stocks simply because if you have "X" to invest and want to buy certain things you have to work you which is more important. So, people will invest less in stocks since they are putting some of their money into BTC.

Moving on with that thought having people invest in other things will drop stock prices a bit so other investors will look elsewhere. Bringing more people into BTC.

-Dave
Indeed, for now bitcoin is booming and many people have invested in bitcoin, but that does not mean reducing people's interest in stocks, it is very true as you said, some people have invested in bitcoin and have put almost all of their money in bitcoin, so they no longer have enough money to invest in other stocks, maybe because of the problem of lack of funds, the stock investment has decreased, but for those who have more money, they will definitely invest in stocks, as long as there is a profit, the opportunity to invest in stocks will definitely never be they waste.

Bitcoin is always interesting and worth following, the development of the number of users continues to increase significantly, this can be seen from the transaction volume of top exchanges such as coinbase, binance, or crypto.com which experience significant daily transaction volume, of course this is a strong indication that investing in bitcoin in the future is a very profitable thing.
Yes, it must be admitted that from year to year the number of users is increasing,
this is certainly very good for the development of crypto,
for the long term Bitcoin is a promising investment and will be profitable.
sr. member
Activity: 2044
Merit: 330

Stocks are too slow when we compare it with bitcoin. People want quick gains and that is what bitcoin gives when put side by side with stocks and all others.

There are still traders that are sticking with stocks because the risk is lower than btc.
Though if you are already comfortable with crypto market, you may really favor the crypto market.

Everybody will not like a thing. There are going to be people who will take a left turn when others are going right. And that is what I see in everything we do both here and outside here. There are people who consider skydiving a normal sports while someone like me can not dream of doing it. Put me on death row and give me an option of skydiving, I will choose death row.


It is easier for me to follow bitcoin than the stock market that has numerous company stocks to follow.
But it is also the same with crypto market, if you are following a lot of coins or tokens.

We are only talking about bitcoin here against stocks. And not the whole cryptocurrency market. Please read the thread topic again.

On the other hand, with cryptocurrencies, most projects are anonymous ones so you have no clue where they are heading to when it comes to development.

Have you not seen established companies declaring bankruptcy? Risk is everywhere whether anonymous or not, whether online or off it.
sr. member
Activity: 1722
Merit: 252
Simple thought: Anything that gives people another investment route will dilute the amount of money they have to invest in other things so yes, it would have reduced interest in stocks simply because if you have "X" to invest and want to buy certain things you have to work you which is more important. So, people will invest less in stocks since they are putting some of their money into BTC.

Moving on with that thought having people invest in other things will drop stock prices a bit so other investors will look elsewhere. Bringing more people into BTC.

-Dave
Indeed, for now bitcoin is booming and many people have invested in bitcoin, but that does not mean reducing people's interest in stocks, it is very true as you said, some people have invested in bitcoin and have put almost all of their money in bitcoin, so they no longer have enough money to invest in other stocks, maybe because of the problem of lack of funds, the stock investment has decreased, but for those who have more money, they will definitely invest in stocks, as long as there is a profit, the opportunity to invest in stocks will definitely never be they waste.

Bitcoin is always interesting and worth following, the development of the number of users continues to increase significantly, this can be seen from the transaction volume of top exchanges such as coinbase, binance, or crypto.com which experience significant daily transaction volume, of course this is a strong indication that investing in bitcoin in the future is a very profitable thing.
sr. member
Activity: 742
Merit: 275
I don’t think the popularity of bitcoin which has drastically risen and still doing so would reduce people’s interest in the stock market. People would just be more inclined to diversify on their investment. While some people have only traded in stocks, the arrival of bitcoin has swayed a fair share of people to invest in it. That doesn’t mean they no longer invest in the stock market, it means a new portfolio for bitcoin would be created.
I think people would always invest in the stock market.
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