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RE: #SharkSchool Lesson #5: How To Cook A Rotten Fish

in #steemit7 years ago

The issue is that the price of crypto does not depend on adoption. Virtually no adoption last year and the price was through the roof. You can only make money if crypto goes up unlike stocks which you can shift. Yes there are futures but that’s only one method and it’s only for btc. That’s the issue with crypto as an investment.

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It's my humble belief that the price was through the roof last year because of market manipulation, maybe as a part of a greater scheme to create a "bubble" so that people would loose their interest in crypto or something like this.

I still think there will be massive new amounts of fresh money coming into the crypto space from the people by mass-adoptation, and also from various financial institutions who want to "get with the times" so to speak...

But you are right there are other ways to make money...

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