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Why Crypto over stocks?

All Cryptocurrencies

by COINS NEWS 138 Views

While I was sitting on the couch this evening I asked myself, "Why Crypto over Stocks?" I said to myself, "Because Crypto has the possibility of producing huge returns." Still this took more convincing.

So I decided to create a list right here on Reddit under Cryptocurrency. One of the finest Subreddits.

9 reasons why Crypto over Stocks:

The order of this list can be tuned to suit you and plenty more can be added.

  1. Volatility. This brings huge swings which makes for good trading and even investing over time.

  2. Lots of investment opportunities.

  3. Growth factor for many of these companies such as Ripple. There is a risk of failure but if they and others succeed that could be epic.

  4. Scarcity of Crypto. For example, there are only so many Bitcoins that can be mined. This creates value.

  5. Use cases. Such as faster transactions. Web3 (decentralization).

  6. Being a part of something new and exciting.

  7. The community. Knowing there are others out there that share a common interest.

  8. Learning something new that you can possibly benefit from.

  9. You don't need much money to invest in Crypto at the present time.

Don't get me wrong, stocks are great. You get to own a piece of a company. Well established. Still can be volatile for fantastic trading. But that is not what this read is about.

What do you prefer Crypto or Stocks or both and why?

submitted by /u/PatrickTech75
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