Putting money into the stock market is also
gambling, because you don't know where that company's share price is going to end up say in 12months you are taking a gamble/risk!! and your aim in investing in shares is for what purpose?
TO make profit!!
Or if you are searching for a dividend & if you are one of the lucky ones who invested in a company who did not slash their dividends, you may have made a bit of money in dividends, but nothing to sing about.
There have been some stocks on the ASX and the US stock market I have invested in because they were
safe, secure companies who crashed their share price.
One from market manipulation! VIAC.
I also hold CBA, CSL, MQG, WOW, COL ,ZIP, APT which some are supposed to be blue chip stocks.
There are always going to be crashes, look at the ASX and US & European markets over the last few days, Red red & more red.
Of course nothing is a certain in any investment, but if you do research, look at FA & TA and attended financial seminars and follow the crowd, because that's the only way a share price moves, is if the demand is huge for that share, you can make some great profit!
I took part in the infant formula mania with A2m, BUB and Wattle .. They had massive rises and look at them now, nothing is a certain in any investment.
I am annoyed having to always justify my reasons for being in crypto, when I could be trading and researching and discussing crypto with other like minded people..
I am making a lot more $$$$ in crypto than on the ASX and that is what matters.
So this will be my last post about the pros and cons of crypto, I am sure everyone has their own opinion and can figure it out for themselves.
Everyone on here can do their own research and find what is the best fit for them!
