As I've tried to point out many times, and been shouted down by the zealots, crypto can be a get rich quick scheme or a currency. It can't be both. They are mutually exclusive concepts.
It currently is both tho, call it a war or whatever but fact remains, some idiots chase profits and others use it to preserve their freedom, despite volatility. If your portfolio is small you could use stable coins pegged to gold or silver to safeguard against volatility.
I guess crypto is too broad a term. I should have said Bitcoin, or the most popular crypto coins. There are a ton of different coins, but there are just a few that dominate the market cap and transaction volume numbers.
As I've tried to point out many times, and been shouted down by the zealots, crypto can be a get rich quick scheme or a currency. It can't be both. They are mutually exclusive concepts.
It currently is both tho, call it a war or whatever but fact remains, some idiots chase profits and others use it to preserve their freedom, despite volatility. If your portfolio is small you could use stable coins pegged to gold or silver to safeguard against volatility.
I guess crypto is too broad a term. I should have said Bitcoin, or the most popular crypto coins. There are a ton of different coins, but there are just a few that dominate the market cap and transaction volume numbers.