Stock investments or Bitcoin investments?

Started by aaallan98, 01-30-2020

774
4
Stock investments or Bitcoin investments?
  01-30-2020, 10:17 AM
#1
thinking about Stock investments or Bitcoin investments?

  01-31-2020, 02:33 AM
#2
Pro's and Con's to both obviously. Stocks I think actually take more time and more fees, but more stable lower risk for most part. Bitcoin is easy and exciting and high possibilities.

  02-02-2020, 03:45 PM
#3
Better Go For stock investment then, its legally safe also, if you know the market very well, but on other side cryptocurrency investment is very risky

  02-02-2020, 05:44 PM
#4
having dabled in crypto and penny ico startups i would sudgest stock and such . unless you have yet to gain any experience in the crypoto world which can be time consuming to learn with little payback in the stort term. on the side of stocks i had just read a 2 page article in the Globe and mail saturday edition (canada). was focusing on the huge changes that have finnally happend with more compitition in the online DIY trading platforms and apps etc.... not only just throught the known usual big bank suspects. esentially cost are way down across the board for those whom what to experiment and cut their teeth in te financial markets. i think the overall decent frontrunner was qtrade app.. soory i have alot going on and although i read the whole article and comparison tables i set the article asside for futher refrence and did not memorize much more that it cost about 100 a year to just have a basic tradeing account some are 25 quarterly instead of the annual. then the costs for per trade fees were all over the place but generally between 8 to 10$. when or if investing in forgien stocks such as a canadian buy us stocks your cash or digital currency has to be converted first from CAN to USD, then the purchase of stock shares. of course again all the various financial institutions charge you completely buy somewhat similar rates and fees off the top to even convert funds.. devils in the details.. my rule is only play what you can loose nothing more.. probably why im not rich.. hope any of this helps.. good luck..

  02-03-2020, 03:42 AM
#5
BTC is for long term investment. yes, it is volatile but who cares as long as you never sell and you also diversify risk.
Stocks are for daily trading, good profits here only if you know how to trade consistently.

in summary, stocks require a lot of work and attention. Bitcoin doesn't, you can capitalize every year also earning juicy tax-free passive income.

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