Cryptocurrency

cpvr

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What are your thoughts on cryptocurrency? Do you think it’s a good idea to invest in a digital currency or not really?

If you’re a fan of cryptocurrency, what coins do you currently own and what app do you use for your coins?
 

Diem

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Feb 9, 2020
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The cryptocurrency market is insane, especially right now with every big name throwing support back and forth.

I think right now, it is a somewhat interesting concept that can make a great investment, but it's all about timing. I mean, stocks are also all about timing, but crypto is a little different because it's like the wild wild west from everything we know. The fundamentals are completely different, and the wavering support is a little scary.

It's too volatile and hitting way too many roadblocks, being thrown around by Elon and now different countries, that I think in the long run it's going to be a bust.

I personally prefer stocks over crypto, although I was rather amused by doge's insurgence for a moment there.
 
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cpvr

Owner/Founder
Staff member
Community Leader
VPL Member
Feb 7, 2020
326
54
28
Texas
The cryptocurrency market is insane, especially right now with every big name throwing support back and forth.

I think right now, it is a somewhat interesting concept that can make a great investment, but it's all about timing. I mean, stocks are also all about timing, but crypto is a little different because it's like the wild wild west from everything we know. The fundamentals are completely different, and the wavering support is a little scary.

It's too volatile and hitting way too many roadblocks, being thrown around by Elon and now different countries, that I think in the long run it's going to be a bust.

I personally prefer stocks over crypto, although I was rather amused by doge's insurgence for a moment there.
What stocks are you currently investing in? Also, what coin do you think is the best to invest in(long term)? I recently sold all my dogecoins and reinvested what I had in doge for shiba inu coins.
 

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