To crypto or not to crypto?
By Gogata Ionut
@Kasjnak (4489)
Romania
July 3, 2021 5:07am CST
Even though I heard about bitcoin 10 years ago and I watched the crypto market skyrocket, I never thought about investing in crypto coins. Mainly because I see no real value anywhere and secondly... because I am lazy 
. Crypto assets can spawn some millionaires, but it can also destroy many more people. Sure, stock market can do it too, but crypto coins are better at this 
.
Well, one month ago I decided to study it a little. There are like a gazillion sites that claim you will get rich in one month or week or even one day . No surprise there, this goes a long way back. The thing is, like with all speculative assets, you need some money to invest. And you must do it right.
I have no money (actually, I do, but they are for other things) so I started to check some sites that you can use for free. Well, as expected, you can make only a few cents or dimes every day. Sure, if you use lots of sites, it adds up, but is it worth the time? Not really, you could do better.
My conclusion is that sites like Mylot are still the best, you do something you like and you also get some pocket change. 
. Crypto assets can spawn some millionaires, but it can also destroy many more people. Sure, stock market can do it too, but crypto coins are better at this .
Well, one month ago I decided to study it a little. There are like a gazillion sites that claim you will get rich in one month or week or even one day . No surprise there, this goes a long way back. The thing is, like with all speculative assets, you need some money to invest. And you must do it right.
I have no money (actually, I do, but they are for other things) so I started to check some sites that you can use for free. Well, as expected, you can make only a few cents or dimes every day. Sure, if you use lots of sites, it adds up, but is it worth the time? Not really, you could do better.
My conclusion is that sites like Mylot are still the best, you do something you like and you also get some pocket change. 10 people like this
9 responses
@janethwayne (5191)
• Philippines
3 Jul 21
I did joined in crypto but don't stay there too long.
3 people like this
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@Kasjnak (4489)
• Romania
3 Jul 21
Yep. Crypto coins are different from the usual assets. When you have a house you can set a value for it based on what it can offer. A car, a TV set, 100 $, a book, one ounce of gold, for them you have some real value. For crypto coins you only have a desire.
1 person likes this
@DocAndersen (54402)
• United States
3 Jul 21
i personally think that until the Crypto currencies are embraced and normalized, it is risky to invest.
1 person likes this
@DocAndersen (54402)
• United States
3 Jul 21
@Kasjnak at some point it will get managed and will be a good currency!
1 person likes this
