REFLECTION ON THE STOCK MARKET ๐ต
I am going to be insulted, but the more I invest in cryptocurrencies, the more I realize the superiority of the traditional stock market.
Here, the rises and falls are random, correlated to rumors; one can only rely on their intuition. There are plenty of pseudo-specialists, but infinitely few winners.
In the traditional stock market, there are concrete company results to fuel the rise or fall of a stock. And the forums are much less infested with influencers.
Here, there is the Earn function to generate interest, but -except for USDC- even when the interest rate is attractive, this interest is paid in coins with fluctuating value. If one does not convert to national currency, it is hard to determine its exact amount.
In the traditional stock market, your dividend is paid in your national currency. It is proposed and determined during a shareholders' meeting. There is a history to verify its regularity and evolution. And it can reach great heights (see Esso stock, for example).
Here, the volumes are random. It is extremely difficult to find cycles.
In the traditional stock market, there are specific dates for events that can influence the value of a stock; one can see past volumes and define cycles.
Here, one can lose everything in a scam.
In the traditional stock market, there is the authority of the markets to control the accuracy of company publications.
In conclusion, in my opinion, an overly deregulated space is detrimental to investors. I know, this goes against the concept of decentralized finance, but regulation is the price to pay for security.
The only superiority of the crypto market over the traditional stock market is: the fun! The excitement one feels when making a highly speculative bet!
And thatโs why I won't let you go! You have the right to insult me now ๐
I am going to be insulted, but the more I invest in cryptocurrencies, the more I realize the superiority of the traditional stock market.
Here, the rises and falls are random, correlated to rumors; one can only rely on their intuition. There are plenty of pseudo-specialists, but infinitely few winners.
In the traditional stock market, there are concrete company results to fuel the rise or fall of a stock. And the forums are much less infested with influencers.
Here, there is the Earn function to generate interest, but -except for USDC- even when the interest rate is attractive, this interest is paid in coins with fluctuating value. If one does not convert to national currency, it is hard to determine its exact amount.
In the traditional stock market, your dividend is paid in your national currency. It is proposed and determined during a shareholders' meeting. There is a history to verify its regularity and evolution. And it can reach great heights (see Esso stock, for example).
Here, the volumes are random. It is extremely difficult to find cycles.
In the traditional stock market, there are specific dates for events that can influence the value of a stock; one can see past volumes and define cycles.
Here, one can lose everything in a scam.
In the traditional stock market, there is the authority of the markets to control the accuracy of company publications.
In conclusion, in my opinion, an overly deregulated space is detrimental to investors. I know, this goes against the concept of decentralized finance, but regulation is the price to pay for security.
The only superiority of the crypto market over the traditional stock market is: the fun! The excitement one feels when making a highly speculative bet!
And thatโs why I won't let you go! You have the right to insult me now ๐