Is cryptocurrency a good investment?

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Is cryptocurrency a good investment? via wealthawesome opinion

An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. C

Decentralization: Most cryptocurrencies operate independently of central banks, which can give investors more freedom. Exchanges may go bankrupt: Due to the lack of regulation, investors who hold money in an exchange risk losing their investments if the exchange goes under. If you like the idea of complete freedom for your money, cryptocurrency is one of the most accessible currencies in the world. Most cryptocurrencies are completely decentralized and can be sent to any wallet address anywhere in the world without filing paperwork with a traditional bank.

 

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Anything but Canadian dollars would do good

It’s GARBAGE 🗑

Crypto is the new ponzi.

No.

It's too soon to tell if it's a bad investment. You see, the crypto crash came as a result of a huge sell-off because banks are losing money due to inflation and poorly managed hedge funds. The price will return when the banks buy back in. I'd say another 2 years before we rule.

Nonsense question. You have a given appetite for risk (volatility): investments that meet that appetite are good for you. The point about crypto is that it's not an investment story: it's a political/cultural engineering story.

Of course not it’s been crashing for a few months now! Cause thousands of Canadians to lose their life savings because they listened to the bad advice of Conservatives, especially Poilieve!

Only if you enjoy being part of a pyramid scheme.

Only if you don’t like or need your money.

Compare a 10yr $BTC chart with the 10yr CAD purchasing power. ...notice any trends?

Not when you find out who actually controls it. Think people!!!!

A reasonable article for the general public. Ppl should know that Bitcoin is the only decentralized and globally distributed crypto with a finite supply. It's the most perfect asset mankind has ever had in its history. Learn about it and invest carefully as it is still volatile.

It's a necessary investment if you want to avoid cbdc. Bitcoin or monero. 2nd ones untraceable so it's better imo. Don't expect return on investment, but at least you'll be able to spend it when the government cuts your cbdc.

Can the people trust ctv?

Not for you it is.

Justin Trudeau hired his half-brother, Kyle Kemper, to push it in Switzerland, so ask him. Oh, and we paid for the trip.

about 15 years late there ctv lmfao

No

No.

Spoiler alert: no it’s not.

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