Cryptocurrency

cpvr

Owner/Founder
Staff member
Community Leader
VPL Member
Feb 7, 2020
330
55
28
Texas
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

Administrator
Staff member
Community Leader
VPL Member
Feb 9, 2020
17
16
3
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.
 
  • Like
Reactions: cpvr and Evolution

cpvr

Owner/Founder
Staff member
Community Leader
VPL Member
Feb 7, 2020
330
55
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.
 

alaferguson

New VPL Member
VPL Member
Mar 19, 2023
1
0
1
USA
Hey there! I've been following cryptocurrency for a while now, and it's an interesting and promising technology. Investing in digital currencies can be a good idea, but as with any investment, it's important to research and understand the risks involved.
As for what coins I currently own, I have a small portfolio that includes Bitcoin, Ethereum, and some other altcoins, I use several apps to manage my coins, but my favorite is Coinbase.
On a related note, you might want to check out fbs trading broker apk. It's a user-friendly and reliable platform that can help you invest in various financial instruments, including cryptocurrency. Just be sure to do your due diligence before investing any money!
 
Last edited:

Users who are viewing this thread