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To: Victor

It’s risky. There are no earnings, there are no fundamentals, no dividends. No stock rating companies rate Crypto stocks because there is nothing to rate. There is no reason other than greed to buy crypto, it’s just an expensive lottery ticket. You might get very lucky, or you might not.
The other problem with Crypto is that the govt will take it over if it ever becomes worthwhile. Govt hates it because it’s main use is laundering illegally made money and avoiding taxation. That indicates it’s temporary in its’ present form. Govt will take it over at some point due to those issues.
There are many easier and less risky ways to make money investing. I discovered what I think is the easiest 50 years ago (real estate) and it is still paying off for me today and I’m watching for more to buy when the timing is right, which will be soon.
I have .002% of my assets in Ethereum because it might actually have a use in facilitating transactions someday, which means it could actually earn money.


63 posted on 02/01/2024 10:22:55 AM PST by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: SaxxonWoods

Thank you


64 posted on 02/01/2024 10:28:39 AM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: SaxxonWoods

Which government will take it over?

That comment reflects a misunderstanding how this works.


86 posted on 02/01/2024 7:10:05 PM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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