Related Posts
Amex platinum vs CSR??
More Posts
Hi, I recently came across Scaler's MS program, which offers masters degree in collaboration with Woolf University (European University). And, I am looking move to Canada in near future. Will the master degree offered through this course will be accepted by the education evaluation institute WES? If yes, is it considered as equivalent to Canadian Masters degree? Scaler Academy Immigration and Refugee Board of Canada Immigration and Refugee Board of Canada
Is the notice period for AVPs 3 months in hsbc?
Additional Posts in Personal Finance Bowl
Thoughts on personal loans to consolidate Debt?
Paid off my account debt!
Best high yield savings products?
New to Fishbowl?
unlock all discussions on Fishbowl.



Rising Star
It never has been a solid financial investment.
I have a coinbase account and have $20 deposited biweekly i like it because i can trade whatever whenever i want and i feel very empowered. Do i think im gonna retire off of it?? Heck no, but at least i can try…
I’ve made more money off crypto than I have with traditonal investments. Some people will call it a scam. Some people will learn how to make life changing money. All depends
It depends on how you define "financial investment". Personally, I wouldn't call crypto an investment.
Can you make a lot of money? Possibly, people have and I'm sure people still will.
Would I buy a bunch of it and hold it with the hopes of price appreciation? Probably not. The volatility makes the value too unpredictable and because there are no future cash flows to discount, it's impossible to know if you're overpaying for any specific coin. You're basically gambling with the hopes that the coin you've bought skyrockets and you can sell. If you decide to buy crypto, don't use money that you can't afford to lose and I would spend very little (maybe 5% of discretionary income).
TLDR: In theory, you could make money, but I wouldn't count on it.
It’s a cult.