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Topic: Is buying bitcoins the same as buying stocks in stock market? - page 2. (Read 2732 times)

sr. member
Activity: 1288
Merit: 415
Bitcoin is not just a way of investment but it is the future of the digital currency all around the world. It is a mode of payment used by many peoples and it is also a great example of the use of blockchain technology. SO, I don't think that buying stocks is same as buying bitcoin due to its massive use in many ways.
newbie
Activity: 210
Merit: 0
Buying bitcoin is a digital asset and can be called as digital gold unlike stock market which runs on government regulated exchanger bitcoin price is completely decentralised no connection of governments involved
newbie
Activity: 154
Merit: 0
It is similar in a way but quite different at the same time. Stocks directly represent the capitalization and the success of the company. Instead, Bitcoin can get affected by the positive news, but not as much as stocks, it is a speculation at most. But stocks are a pure investment, instead bitcoin is a currency, has it's own market and is a stock itself, just with a much more depth to it. You can use Bitcoins to buy services, instead with stocks you can't.
member
Activity: 154
Merit: 10
Buying bitcoin is nearly the same as buying stocks in a stock market but there are also a lot of differences. Buying bitcoin is like buying a gold because the price is unstable and unpredictable. It can go higher or lower but you don't have any idea when. Buying stocks is like having an ownership on the stock market.
newbie
Activity: 17
Merit: 0
For me, they ay similar in different ways. They are like buying stocks but in different ways since bitcoin is a currency and stocks is simething you buy as shares in the company but they are both investment in way that are gaining.
sr. member
Activity: 1428
Merit: 251
I'm just curious, are they just the same?

I do believe that bitcoin is more like commodities on digital world. Gold is one of commodities and its many people investing their money in gold in real world and i think bitcoin is like gold in digital and internet world.
newbie
Activity: 30
Merit: 0
Yes it is similar if you want to buy cheaper and sell more expensive, so you want to make money on the price difference.
newbie
Activity: 12
Merit: 0
From one hand its the same as buying stocks, BTC its an investment and stocks are an investment.
On the other hand, BTC does not give you the right to get shares in the profits of a company like traditional shares
hero member
Activity: 560
Merit: 500
Bitcoin and stocks in stock market are very similar since they are very volatile but they are not the same. Bitcoin is a virtual currency, a currency like fiat but the difference is that it's transaction are done online via blockchain. Stocks on the other hand is not a currency, it is a share to some company that is gained by the investors investing in some company that they trust.
legendary
Activity: 3248
Merit: 1402
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I think it is close in many ways. You need to be fast, smart and serious if you deal with huge sums in both cases. Apart from that, the price is changing all the time both on the stock market and on the buy/sell btc websites. The difference is that stock is attached to some specific companies and I guess you pay taxes using it. Bitcoin is tax-free and doesn't belong fully to anyone.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
Of course NOT. Bitcoin is a crypto-currency so more likely you could compare it to the forex trading currency pairs USD,EUR,JPY,etc. A stock represents a share which entitles the holder to a fixed dividend, whose payment takes priority over that of ordinary share dividends.

Buying bitcoins is like selling euro to buy dollars for example at an exchanger. But instead of that you sell euro to buy BTC. I hope my explanation was clear and you understood.  Grin
legendary
Activity: 1218
Merit: 1000
Buying in bitcoin by buying stock in the stock market is very different to me. If buying bitcoin I think the same as buying money, but digitally. While buying stock in the stock market we buy assets. I think maybe it's the difference by buying bitcoin by buying stock in the stock market. But in system both are the same my opinion.
hero member
Activity: 1694
Merit: 502
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I'm just curious, are they just the same?

I in a way they are. You buy altcoins when they are low and wait for the price to spike for the right time to sell them. It's pretty much buy low sell high concept. It's just that for stocks, it usually takes longer and is more passive while for bitcoin you can trade aggressively. And I think stocks is more stable and safe as you can purchase parts of large and established businesses and corporations.

In a way they are? The only common thing they have is they buying process, you give money for "something", after that everything is completely different. I don`t think buying stocks is easy and simple like buying bitcoins is. Bitcoin is currency and we can do many things with bitcoin, bitcoin have altcoins, that altcoin market is similar with stock market. You are looking for good coin that have future, like you are looking for company with decent reputation and potential to develop more in the future. In both of them, sources of informations are essential to have, and without reliable source and analytic mind you cant be trader and make profit on altcoin or stock market.
hero member
Activity: 1246
Merit: 529
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I'm just curious, are they just the same?

I in a way they are. You buy altcoins when they are low and wait for the price to spike for the right time to sell them. It's pretty much buy low sell high concept. It's just that for stocks, it usually takes longer and is more passive while for bitcoin you can trade aggressively. And I think stocks is more stable and safe as you can purchase parts of large and established businesses and corporations.
hero member
Activity: 2814
Merit: 911
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Buying stocks in stock market and buying bitcoins are entirely different but both has its own advantages and disadvantages as i do consider both as assets and the risk involved in both are some what related and same as you really cannot predict the price of stock or bitcoin but the possibility of making a good profit is high when it comes to bitcoin because of the volatile nature.
sr. member
Activity: 448
Merit: 250
I'm just curious, are they just the same?

Not really. but there are some coins that works that way such as ICONOMI. those coins that supplies are limited especially to 100M only such as wavesplatform.

stocks can be risky if you don't have inside information to companies you invest with.

I never heard that iconomi was limited supplies.. so they will never generate new coins in the future and it will stay at that amount?
Unlike bitcoin that always farming bitcoins or mining to generate bitcoins that we can use.
Did you really miss something,even bitcoin is limited and so is the reason for the price to grow like this .Iconomi is an asset based on the Ethereum platform while bitcoin is a currency which is really used in transactions and other uses.while i doubt the same is used in Iconomi or the project is still under development.
hero member
Activity: 532
Merit: 500
well i would say no, it is different, when you bought stock it's mean you bought the part of the company, purchasing bitcoin is more like you buy gold or another country currency, so bitcoin is more like commodity that you can used to trade and purchasing bitcoin is easier than purchasing stock
in present tie we are purchasing bitcoin using fiat  but in future when we will starting using bitcoin as currency then we will earn it as we earn the fiat, but still as the users of bitcoin are very low therefore people are using bitcoin as investment.
legendary
Activity: 1666
Merit: 1001
well i would say no, it is different, when you bought stock it's mean you bought the part of the company, purchasing bitcoin is more like you buy gold or another country currency, so bitcoin is more like commodity that you can used to trade and purchasing bitcoin is easier than purchasing stock
legendary
Activity: 1596
Merit: 1011
No its not the same .bitcoins l price will go down for some time but will increase a lot in the future .and so buy bitcoins now u l earn a lot in the future.
it is true, bitcoin prices continue to change at any time. so we could call bitcoin is an investment.
with this, the bitcoin clearly different from buying stocks in the market.
member
Activity: 70
Merit: 10
No its not the same .bitcoins l price will go down for some time but will increase a lot in the future .and so buy bitcoins now u l earn a lot in the future.
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