Posted by: sajhamitra May 13, 2022
Could crypto be a scam?
Login in to Rate this Post:     0       ?        
@Rockb, first of all your understanding of crypto is completely wrong! You don't invest in crypto and you have to acknowledge it is a volatile asset. There are lot of cryptos in the market and one of them will survive in the future. Those who invest their life saving in crypto are fools. Crypto is another way to transact. Think of it as an another form currency. Yes you can buy that currency from $ but that currency can fluctuate as per the demand.

You don't buy crypto to become multimillionaire overnight. You buy Bitcoin because you believe in Bitcoin. Sadly, many people are taking it as another form of stock and that is where people press the panic button when it goes down 50%.
Read Full Discussion Thread for this article