If we have crypto Why people still buy stocks?

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Quote from: fulcare on May 16, 2021, 02:43:31 AM

Quote from: jaysabi on May 15, 2021, 09:34:34 AM

Quote from: cryptoboss2020 on May 09, 2021, 03:45:50 PM

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?

Classic example of someone who doesn’t understand how stocks work or frankly investing at large. Stocks represent a legal share of the ownership of a business. That’s why they have value, you’re literally an owner of the profits the company produces. Crypto is just driven by a bunch of people who are speculating that the price of crypto will go up. There’s no real reason in goes up other than mass agreement, and because that’s arbitrary there’s also no reason it can’t go down for the same reason. Expecting to make profit trading crypto in pumps is nothing more than buying a lottery ticket, and that’s the opposite of investing.

While it is tough to refute your argument logically, I would say buying Bitcoin is like buying a lottery ticket goes several steps too far. Once Bitcoin progresses technologically, the network gets monetized inherently through the frictions it solves that alternative systems inevitably bring about. Facebook is monetized through it advertisement, but when Facebook started out it didn't earn any money yet I wouldn't deem an investment a lottery ticket. There was quality talent and a vision involved, but sure the monetization mechanism is more obvious. Bitcoin internalizes externalities that, for example banks impose upon us. Does that make sense? Happy to have your feedback here.

None of that though goes to holders of bitcoin, it goes to miners, so you're still just buying an asset and hoping it's worth more in the future for no other reason than luck. That's exactly how it's the same as a lottery ticket. And further, mining fees another barrier for bitcoin over fee-less transfer cryptos, so assuming that's the "big appeal" to bitcoin, it's also going to be its downfall. Because if the world needs frictionless value transfers, there are no shortage of cryptocurrencies that function immeasurably better than bitcoin does.

Coroline

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Because it is a type of commodity, crypto assets have high fluctuations in value. At times it can go up and down quickly. It is difficult to predict the value of cryptocurrencies. Can make a profit overnight, but also a big loss in an instant. The rise and fall of crypto assets follows supply and demand. So the market power is determined. Crypto money does not have a clear basis for selling. This means you are risking money for something that could be worth zero.

Argoo

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Quote from: cryptoboss2020 on May 09, 2021, 03:45:50 PM

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?

Everyone is engaged in what is more familiar to him and in what he understands. Although stocks and cryptocurrencies have a lot in common, they still differ from each other in many ways. Stocks tend to give less, but stable returns in this market and this market is long-established, without much surprises for stockholders. In addition, it is a market for real tangible assets, as opposed to an unpredictable cryptocurrency. The cryptocurrency market brings significantly higher profits, however, the risk is higher here.

Ziskinberg

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It was pretty obvious, not all are investing in crypto nor everyone is in the stock market. They have their choice and market preference, we can't force all investors to leave the stock market and vice-versa.

Instead of asking why people never invest in crypto, why not let these people invest where they want. Perhaps, we are all aiming for making a profit and both of them are known for that. In fact, I do invest them both but I invest more in crypto coz I was more engage and knowledgeable to them than in the stock market.

bL4nkcode

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Limited in number. Limitless in potential.

It just like a question of, you have bitcoin, why still use cash? or vice versa.

Some people gains a lot in stocks than in crypto trading even it's not volatile than crypto. They're more convenient using it unlike in crypto that you can be doomed in just a week, but you can be a millionaire in just days too. Just a matter of risks you can intake.

I too trade local stocks and crypto but most of my fund is here in crypto while 25% or something is on stocks.

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Quote from: Victorycoin on June 27, 2021, 12:36:52 AM

People who want to take less risk usually prefer stocks they have very little idea about the market if you research the market properly it will be easier to know about crypto and you will understand that crypto is very profitable there are also many traders who think that stocks are more profitable than crypto. Even if the market goes down they choose stocks because it has no effect on their currency despite the negative impact on bitcoin the market went up again.

I've noticed several times that stocks and crypto became correlated or got the same pattern during bearish days. When crypto went to bearish, the market did the same too for stocks.

I agree that for some reasons it's all about being less volatile in stocks and that's why there are traders who are watching that market closely. And they also invest in stocks that are not highly volatile.

Princejebs

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Everyone with different opinions. I just think the simplest answer lies between centralization and regulation. Some users are always scared of been dump one which sometimes happens in crypto most of the time.
The unregulated space of crypto is making it hard for some individuals that's why, whales can't do that in stick or you may risk been jail and prosecuted for manipulating the market.
Another thing again with stock is that margin traders hardly get liquidated. One can open a position and still comes back to where they left the market because 9fnl92 low volatility.

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Quote from: Btcvilla on June 26, 2021, 10:26:16 AM

Quote from: john_nautica on June 26, 2021, 10:05:05 AM

This is simply because not all are aware and fond of Crypto. Also, crypto is not the only available option in the market. People have diversified preferences in trading and of course there are some features that crypto and stocks possess which are different from one another, thus people are also divided.

Yes , and they adapt to their own abilities . Maybe they understand more about stocks or other assets. So they are not interested in crypto even though there are more profits in crypto. So they prefer what he likes and he can do there rather than not understanding but playing, it's a loss

Could be one factor if they are comfortable with the stocks they play will not try new things that they may have just learned. It will take a long time to understand what new things you learn to make a profit.

Victorycoin

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People who want to take less risk usually prefer stocks they have very little idea about the market if you research the market properly it will be easier to know about crypto and you will understand that crypto is very profitable there are also many traders who think that stocks are more profitable than crypto. Even if the market goes down they choose stocks because it has no effect on their currency despite the negative impact on bitcoin the market went up again.

bitzizzix

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I don't think there is anyone who doesn't know crypto, especially bitcoin and as time goes on people get to know crypto which is growing and getting more popular.
Majority of stock players are smart people and know the world development especially in technology and the reason they don't want to get involved in bitcoin is because they haven't studied it and don't understand it well.
and other reasons because they understand and master the workings of stocks rather than crypto and they don't want to take risks because they don't understand well, and besides the negative news about crypto especially bitcoin makes them still not willing to get involved and don't know later.

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Quote from: jossiel on June 22, 2021, 05:18:09 AM

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Quote from: jossiel on June 22, 2021, 01:54:37 AM

Quote from: jerry0 on June 21, 2021, 06:53:42 PM

Do most people here trade both crypto and stocks? IF you had to only do one. most people would choose crypto right?

I think many but I'm not one of them.

Since you're asking this on a bitcoin forum, yes. Many will choose to trade crypto rather than in stocks. But if you'll ask the same question in a stocks forum.

You'll know the answer.

Choosing one or the other is quite hard, because both of them offer different advantages for an investment portfolio. Owning stocks offers the right to receive dividends each year, which is a nice cash flow if you pick the right kind of stocks. While with crypto currencies we have much higher upside potential and a good inflation protection. The thing with stocks is that it was the most lucrative asset class over the last 50 years, and many of our parents and grand parents invested in them. So if you receive a stock portfolio from your grand parents after their death, should you really just sell all of it and go into cryptos? I would say better not, diversifying money is the best way to reduce overall risk.

It's not that really hard.

If you're more literate with the crypto market and you're already good at assessing the risk that it has then you can basically invest any time at your will.

Actually, there's not that much difference from stocks and cryptos aside from being own by a company and not being volatile, in crypto there's no actual company that owns a certain crypto but it's the devs that have made it.

And in crypto, there's also dividends which is the same as the stocks.

Yeah no, this isn't true at all. Crypto "investments" work off pure speculation. The only concrete numbers you generally work with are historic trends and maybe info about other currencies - meaning if you see USD beginning to tank, you might be able to make some predictions on cryptos. Financial reports on publicly traded companies are out there, the sales numbers, revenue, profit, ect. I'd argue stocks are similarly volatile to crypto, just to a lesser degree. The giant companies don't really have a problem with this, but smaller company stocks vary a lot day to day.

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Quote from: finaleshot2016 on June 23, 2021, 01:39:42 PM

People buy stocks because they know they will expand in the near future, especially for companies that will be enormous in the next few years. Crypto isn't for everyone, and neither are stocks; why would you persist with stocks if you don't think they're making you money? I mean, there are various reasons why individuals invest in stocks, so if you don't have any, it's none of your business, and comparing the two makes no sense because they each have their own set of benefits in terms of profit. If a company has a good track record and history, you can be comfortable that money will come soon and without risk, and that people who don't want to take risks will invest in it.

We all have different preferences for where we put our money; some people still put their money in banks, and I don't think that's a problem.

You are absolutely right about it, many do not trust Crypto, they think that volatility will give them a bad move, as there are many who trust in the safe, in the stocks backed with gold, oil, and the safe.

We have great current assets like Warren Buffet, Trump, some very radical defenders of gold like Schiff, these people are very believers in the Stock Market and have even their own books, the high culture of financial education that they handle cannot be denied, but on the other hand On the other hand, we have many who defend BTC and Crypto, one of those who has come closest is Robert Kiyosaki who now says that BTC is one of the best current investment options, in general terms I think that the best option is to have diversification in Stock Market, Crypto, Real Estate, Gold, it is the smartest thing to establish a portfolio without looking for which of these options is the best.

Hulhala15

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I think that the main reason for preferring stocks to crypto is ignorance.
Not all of the people are capable of understanding what cryptocorrency is. Some of them are simply afraid of new technology. Mass media propagates the gevernmental position and tell the TV viewers that crypto is dangerous and unpredictable. If you are told that bitcoin is dangerous on the daily basis, what will you feel about all this stuff?
Also, many people don't think about trading but investing when they come to the stock market. They want to save their money through the long period of time. Facebook stocks are more reliable than bitcoin when we talk about 20-year-period of investing horizon.
Most people are reluctant to learn anything new, so they prefer to use such financial instruments that they already know.

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Quote from: Btcvilla on June 26, 2021, 08:01:20 AM

You can't just look at one point of view. Many people out there may still not know what bitcoin is, and how it works. Maybe you already know and are experts in bitcoin so you can say it's easy. But it's not easy for people who don't know what bitcoin is at all, its good and bad effects. Big profits and it is undeniable that you can also experience big losses. Not infrequently people just want to play it safe. By not wanting to take big risks. Maybe if the bitcoin price didn't fluctuate they would be interested. So whichever investment is important you can master it. It's useless to invest big and big opportunities but you are not an expert in the field. Just be prepared for you to lose.

That's not the only reason, even if you know what bitcoin is, and what is the potential you could make a profit from that, you still may not end up with the same thing over long period of time. I mean I like to diversify my portfolio so if I have a lot of money (which I don't, so I am all in crypto), I would definitely go with crypto and stocks, and even gold and other assets as well that is just how it is.

There is nothing you could make it a weird stuff, it is just business and buy as many things as you can, ALL things are assets if they have value, trading cards are assets, pokemon cards do worth something I believe, just invest in as many things as possible if you have ton of money, but when you don't (like me Cheesy

) then just keep it at one side. Many people who like bitcoin and invest in it, still do go with stocks just because of this reason.

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Quote from: Btcvilla on June 26, 2021, 10:26:16 AM

Yes , and they adapt to their own abilities . Maybe they understand more about stocks or other assets. So they are not interested in crypto even though there are more profits in crypto. So they prefer what he likes and he can do there rather than not understanding but playing, it's a loss

That's one of the reasons why people mostly choose to buy stocks instead of crypto. Before crypto is known to us srocks have been there already so people know mucu better about stocks than crypto. Maybe years later when crypto is widely used by everyone especially those countries who ban or didn't acknowledge crypto will start to use then maybe people wil buy crypto instead of stocks.

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Quote from: john_nautica on June 26, 2021, 10:05:05 AM

This is simply because not all are aware and fond of Crypto. Also, crypto is not the only available option in the market. People have diversified preferences in trading and of course there are some features that crypto and stocks possess which are different from one another, thus people are also divided.

Yes , and they adapt to their own abilities . Maybe they understand more about stocks or other assets. So they are not interested in crypto even though there are more profits in crypto. So they prefer what he likes and he can do there rather than not understanding but playing, it's a loss

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This is simply because not all are aware and fond of Crypto. Also, crypto is not the only available option in the market. People have diversified preferences in trading and of course there are some features that crypto and stocks possess which are different from one another, thus people are also divided.

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Quote from: cryptoboss2020 on May 09, 2021, 03:45:50 PM

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?

You think on one side only about understanding crypto. we can not choose two different things. Even if you say that crypto generates profits that may be up to 100% but don't underestimate stocks too much. Many rich people are playing stock until now and are still millionaires.

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Quote from: cryptoboss2020 on May 09, 2021, 03:45:50 PM

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?

You can't just look at one point of view. Many people out there may still not know what bitcoin is, and how it works. Maybe you already know and are experts in bitcoin so you can say it's easy. But it's not easy for people who don't know what bitcoin is at all, its good and bad effects. Big profits and it is undeniable that you can also experience big losses. Not infrequently people just want to play it safe. By not wanting to take big risks. Maybe if the bitcoin price didn't fluctuate they would be interested. So whichever investment is important you can master it. It's useless to invest big and big opportunities but you are not an expert in the field. Just be prepared for you to lose.

TheNineClub

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People that invest their money want to diversify. Sure, you can diversify within crypto, but seeing that crypto is full of memecoins, scams, and such, people still want a maybe safer option that will yield a smaller return. I don't find it odd, crypto is honestly still in its infancy when it comes to investing.

Topic: If we have crypto Why people still buy stocks? (Read 1428 times)