Topic: There's nothing special about BTC, you will make MUCH more $ in the stock market - page 3. (Read 394 times)

So you are just being fascinated by the rally that took in wall street of GameStop share prices?So what happened next do you know about that?An amateur battle between hedge funds Melvin Capital and Reddit users group was main reason of this price surge.Last year the prices were trading at $27 and suddenly they saw rise of 1700% within few months and from last days it's in the news all over.A group was short selling in order to gain huge profits but Reddit community start pumping huge funds to increase share prices and Hedge funds loose billion dollars from that.But now Robinhood a trading exchange banned the trading of GameStop shares which resulted in sudden fall of share prices and they fell from $460 to $197 in two days.So these are market and shares you are taking about?Will share prices tend to rise from now onwards because it was just short bull run and they will drop further as stock market is governed by certain rules and regulations governed by centeral authorities which can anytime lead to rise and fall in prices under their influence which is not the case with decentralised cryptocurrencies like Bitcoin which have grown more than 6200% in 10 years.Do you know any such shares which have shown such good results inspite of global accusations of being bubble.So just change your pessimistic approach and adopt the future market if you want to part of that time.

Not so sure about that, especially if the market is heavily regulated by big players. Who knows when a Robinhood move will be pulled out again and then you'll buy at the top.

Instead of fighting each other, you should encourage users to diversify. I believe there are enough degens out there who will pump together just to troll the wales.

I think the only time that bitcoin will be better is when you trade btc and make money from it. Stocks also has its own winning side when it rises and losing side when it drops just like bitcoin too but a good bitcoin trader can enjoy more than when it is left in the wallet.

Thats your choice, but keep in mind by doing so, you could in stead avoid the coming downturn in BTC and rather buy a stock that can make you very rich.

I think that your opinion here would be very subjective to every trader and bitcoin enthusiasts.
We could all agree that we have different perspectives and principle when it come to these matters.
For one, in my case, I am determined to keep being patient as bitcoin is under correction right now.

You don't have to invest in meme stocks. AMD was trading at $3 not that many years ago, it has shot up nicely. Apple was trading at almost nothing in the early 2000's. Look at it today, picking the right stocks will make you very rich.

Bitcoin has topped out and has no intrinsic value, find the next amd or apple and you will be very happy you sold BTC at these levels and bought something else that mooned and will pay you a yearly dividend.

Buying or holding Bitcoin is just as pointless as buying and holding metals, its dead money.

Well said.
We are not at late 90s stock market is way to old.
Now a days we don’t need any other 3rd party people to work with us.
Now with cryptos and Bitcoins we can trade from whenever and wherever we can.
No barrie and there are multiple coins to trade.
The future are cryptos.
And mark my words.

You won't get a profit in casino, if you are on the player side, your graph will be slow descent but if you are on the other side then I do agree that there is a big profit. I don't get why OP is comparing stocks and bitcoin, as the quote above has said, it has different usage. The recent debacle in the Gamestop stock increase is just an accident that turned a whole community of redditors into artificially pumping the prices, the only advantage of stocks over bitcoin is that some of them have dividends. They are both a waiting game so weighing one from the other as much better is not the best thing to do.

I disagree with you here. Investing in meme stocks is a gamble and it is all about luck and the risks are huge. You want crazy gains? - go invest in penny stocks, but don't cry to your mama if you lose your money.

Bitcoin on the other hand is a fundamental, macro play. If you look at the current intrinsic value of GameStop you'll see that is way overvalued. I would never put my money into something like this unless I want to donate my money to other people lol


Oh yeah? Go get them tiger. 

Couldn't have said it better myself. From my perspective though, trading/Crypto investing seems a far safer option that stock trading. Thus, someone clueless who gets involved in stock trading, is way more likely to lose his investment. I haven't lost a single dime by trading, I've never sold at a lower price that I've bought. Surely, I've made mistakes, but I have a decent profit with fewer worries.

If you are in crypto trading and your favorite coin is Bitcoin, if you do not know how to predict the price of bitcoin. These are the likely reasons below.

1. Greediness, this will make you to use much that want you can afford to risk and inappropriately in the way you will lose
2. Not knowing how the market works, many traders just trade the way they like, not considering how the market works.
3. Jumping in to trading , not having knowledge and experience about it.

Also, I want you to know that if you lose in crypto trading, there are more possibilities that you will lose in stock or forex trading. Trading needs patience, discipline, knowledge and experience, it will take time before all these are achieved why most people consider it to be a few days job, and lose.

Its a hard story to find 10x gems in stock markets and dont loose everything on other shitty stocks

Why dont you ask the people that bought Gamestop at $20 this january how that is working out.

Bitcoin has topped out and has started going down. This bitcoin bear market might last for a very long time and will probably never go higher than the last ath.

Why be stuck with dead funds in Bitcoin, when you can make a fortune in the stock market buying stocks like Gamestop.

There are other, yet to be discovered 100x stocks ready to moon out there, don't be stuck in this sorry btc mess.