To The Moon

Do you trade cryptos?

Nope, I don't trade crypto.

Why?

1. Because I knows nothing much about it.

2. I only knows it does not has an "asset values" & can earn lots of [USD] [Sly] , something closed to gambling & yet not[Grin] .

3. Another reason is that I feels not safe putting my [USD] there due to those "hacking" + "money laundry".

4. Some governments make it become "decentralised" & even banning on them[Speechless] .

Hence, I finds it not worth it "for the time being"[Grin]  . I stills preferred investing in stocks over cryptos.

Do you think Bitcoin will jump back above $50k this week or not? 

It's not surprising that it "may" happen as we all know how "volatile" Bitcoin is [Grin] .

I think crypto may be worth investing if countries starts to accept it.

Reasons:

1. As far as I sees, I think crypto should be worth to investing in as "big companies" have started to accept them.

2. In fact if u own cryptos, u can earn interest on some platforms & those interest rates are so high as compared to banks [Miser] .

You does not have to be an active cryptos trader[Grin] .

3. It's something like a digital money transaction which make trading more easily, I guess?

Why I'm still not investing in cryptos?

As mentioned above[Duh] .

Main reasons are I don't have the guts + extra [USD] to invest on it.

Also it tiring to go find out those complicated commission rates. There're so many trading platforms out there & not applys in Singapore🇸🇬.

DYODD before investing [OK]