What is a better investment - stocks or cryptocurrencies?

avatar
(Edited)

I am leaning between stocks and cryptocurrencies to invest into, but I am not sure which one is more secure, but offers a good profit as well. Thus the question that is comming...

What is a better investment - stocks or cryptocurrencies?

This question was created on quello.io, Quello is a question and answer platform built exclusively for Hive. Answer this question on Quello by clicking here.

Posted Using LeoFinance

quello stocks cryptocurrency investment blockchain leofinance leo palnet neoxian
0
0
0.000
11 comments
avatar

Stocks.

I mean, haven't you heard?

The stock market only goes up!

0
0
0.000
Reply
avatar

Indeed stocks might only go up but not for me at the moment. I have invested in both stocks and cryptocurrencies and at this point not sure any of it is better.

Posted Using LeoFinance

0
0
0.000
Reply
avatar

Congratulations @jogger! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You made more than 10 comments. Your next target is to reach 50 comments.

You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Hive Power Up Day - Let's grow together!
Feedback from the Hive Meetup Vienna
0
0
0.000
Reply
avatar

i think crypto

0
0
0.000
Reply
avatar

Yes and no I think as both have ups and downs...only from experiences we can find out.

0
0
0.000
Reply
avatar

Haiyaa, Giang here

If you're good, any market is profitable. Bonds? Profitable, to a degree. Actively managed stocks/mutual fund? Fairly profitable. Passively managed stocks/index fund? Awesome in the long run. Cryptocurrency? Well you're here, aren't you?

The key difference in them are their risk levels. Obviously, higher risks = higher potential profits. The list in term of safety (usually goes) gold/bonds>=index funds>=mutual funds>=crypto portfolio

To really answer this question, you have to do that age-old thing almost every self-respecting portfolio manager does: determine risk tolerance

So determine your risk tolerance - how much risk can you shoulder? A good strategy is to determine how much risk you're comfortable with, then split up your portfolio.

For example, if you're very risk averse, a good play would be a split between a large percentage in gold/bonds and the rest in index funds. If you're more comfortable with risks, the same split will be index funds/mutual funds, and a small batch in cryptocurrencies.

Determine how much risk you'd like - then it'll be easy to pick.

0
0
0.000
Reply
avatar

Hey Giang, great answer! It's good to have experts such as yourself sharing their knowledge across the Hive blockchain.

Have you had a chance to look at the LeoFinance community? Looks like it could be right up your alley.

0
0
0.000
Reply
avatar

I can not speak to crypto. I am a novice so far. I will say stocks have done right by me. I’ve turned a $2K purchase of Apple options into $18 a few months before the release of their iPhone 5. I’ve bought shares in companies that split or increased and then sold at a tidy profit.

Now I’ve also made mistakes. Like selling shares of American Airlines I had bought when they went into bankruptcy and missing turning $1.6K into nearly a quarter of a million dollars. Now that I’m retired I can dabble in crypto and see if I can do well.

0
0
0.000
Reply
avatar

We learn from our experiences and indeed there are some chances which we've missed along the way. What is important is to persevere and invest smarter.

0
0
0.000
Reply