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UST/Luna - Worthless now!
#8
(05-20-2022, 06:47 PM)LevelUP Wrote: There are 2 problems with "investing" in Crypto.

1. Crypto relies on the greater fool theory.
2. Crypto is a non-productive asset, so you get nothing while holding onto it.

I disagree with your second problem. Crypto is a productive asset because you earn more of that crypto through staking. For example, I stake X amount of Cardano coins and will get 5% more of those coins at the end of the year. It is like an interest bearing account.
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Messages In This Thread
UST/Luna - Worthless now! - by bjcheung77 - 05-14-2022, 12:09 PM
RE: UST/Luna - Worthless now! - by LevelUP - 05-14-2022, 04:39 PM
RE: UST/Luna - Worthless now! - by Kal Di - 05-14-2022, 11:15 PM
RE: UST/Luna - Worthless now! - by Johann - 05-20-2022, 01:52 PM
RE: UST/Luna - Worthless now! - by Johann - 05-20-2022, 06:39 PM
RE: UST/Luna - Worthless now! - by LevelUP - 05-20-2022, 06:47 PM
RE: UST/Luna - Worthless now! - by Kal Di - 05-20-2022, 11:44 PM

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