Why People Dabble / Invest / Gamble In Crypto

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MisterF

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Commodities such as Gold are safe, but aren't making the profits.

Stocks and Shares outside the Dow or Footsie can also be quite risky. Dividends from the top companies are usually consistent at best.

Bank accounts, earn a whopping 0.5-1 %

Then when people see charts like this, they then tempted to jump in.

Why people gamble with crypto..JPG
 
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Last year investments made me a billionaire. So it's about gambling??

No...... absolute not.

It's all about taking risk. That's all.
 
TheVigilante said:
You wudnt have lurked here :eek:
Click to expand...
He means Billionaire in Iranian rial.

Anyway, right now, investing in crypto is a kind of trend. 5-10% of people invest because they understand inflation and how crypto is a reliable option to tackle it, but many have no idea why they are even investing. Someone commented on Elon's tweet, why his dogecoin is $5000 when he invested $8000. He didn't even know that crypto also decreases in value.
 
it's risky, but the rewards are good when the thing work
 
I thought the topic was a question and the author wanted to understand why. But in fact I see you already know why))
 
TheVigilante said:
You wudnt have lurked here :eek:
Click to expand...

Yes. why not. :) I love to learn new things and do experiments in this digital marketing field. I'm doing crypto for fun. not for living. But it made me a billionaire with shiba inu and BTC.

But I still want to learn new things and gain the knowledge in digital marketing field. I do what I love.

We all learn something until death. right?

1635409753944.png

So do what you love always, became a billionaire means do I need to stop all the things I have doing. lol. hell no. I do not know about other peoples, but I have my own path. and I always do what I do.
 
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The main issue I have with Crypto investments is that its so hard to liquify.
Some banks won't accept your profits from Crypto, most countries don't have a valid tax regulation for it.
Stocks and major indices are the best way to go with long term investments.
 
RichKIDLK said:
Yes. why not. :) I love to learn new things and do experiments in this digital marketing field. I'm doing crypto for fun. not for living. But it made me a billionaire with shiba inu and BTC.

But I still want to learn new things and gain the knowledge in digital marketing field. I do what I love.

We all learn something until death. right?

View attachment 190003

So do what you love always, became a billionaire means do I need to stop all the things I have doing. lol. hell no. I do not about other peoples, but I have my own path. and I always do what I do.
Click to expand...
Which currency?
 
RichKIDLK said:
Yes. why not. :) I love to learn new things and do experiments in this digital marketing field. I'm doing crypto for fun. not for living. But it made me a billionaire with shiba inu and BTC.

But I still want to learn new things and gain the knowledge in digital marketing field. I do what I love.

We all learn something until death. right?

View attachment 190003

So do what you love always, became a billionaire means do I need to stop all the things I have doing. lol. hell no. I do not about other peoples, but I have my own path. and I always do what I do.
Click to expand...
Can we see ss of bank/wallet balance please:)
 
RichKIDLK said:
Yes. why not. :) I love to learn new things and do experiments in this digital marketing field. I'm doing crypto for fun. not for living. But it made me a billionaire with shiba inu and BTC.

But I still want to learn new things and gain the knowledge in digital marketing field. I do what I love.

We all learn something until death. right?

View attachment 190003

So do what you love always, became a billionaire means do I need to stop all the things I have doing. lol. hell no. I do not know about other peoples, but I have my own path. and I always do what I do.
Click to expand...
How much BTC and how much Shiba did you have to become a billionaire?
 
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