Both the typical stock holder and crypto holder see a number on screen and hope it goes up. That's it. Most stock trading is done by algorithms, not even people.
A typical stock holder can never claim any underlying asset nor do they have voting rights, so you're really stretching.
The difference is simply in risk appetite. People are going to keep drinking Coca Cola at large scale so owning their stock is low risk. But also low return.
Crypto is high risk, extremely high return. There's a sizable chance to lose your money but a larger chance to get returns that are astronomical. I'm talking 5x - 10x in mere months.
No, but you’re strongly implying that there’s significantly more chance of making a large return than losing a lot of money, which you have no way of knowing.
The reason the rest of us on the other side of this fence aren’t being as loud is not because we consider the jury to be out - it’s because we’re being responsible with our claims. It’s why no-one is countering you with a claim that it’s all going to zero - as no-one can guarantee that will happen either.
Joining the cryptocurrency pyramid in 2021 and expecting 500% returns is foolish. Could it happen? Sure it could. It doesn’t make it as likely as those inside the religion are implying.
Skilled crypto day traders make money whether it goes up or down, that's what a large volatility makes possible. In fact, a real pro flips the charts: green when down, red when up.
