Cryptocurrency Q&A Why am I still not buying crypto and never will?

Why am I still not buying crypto and never will?

CryptoTitanGuard CryptoTitanGuard Mon Dec 23 2024 | 6 answers 1231
I've been hearing about cryptocurrencies for years, but I've never been tempted to buy any. The concept seems too volatile and risky for my investment style. Plus, I don't understand the technology behind it enough to feel comfortable making a purchase. I've decided to stick with what I know and avoid crypto altogether. Why am I still not buying crypto and never will?

6 answers

Sara Sara Wed Dec 25 2024
This absence of income makes it challenging to evaluate the true value of a crypto asset.

Was this helpful?

308
30
Valentino Valentino Wed Dec 25 2024
Cryptocurrency generates no income, which is a fundamental difference from traditional assets like stocks.

Was this helpful?

67
50
GwanghwamunGuardianAngel GwanghwamunGuardianAngel Wed Dec 25 2024
Unlike stocks, which can provide regular dividend payments, holding bitcoin or any other cryptocurrency does not result in receiving cash income.

Was this helpful?

240
77
CryptoWizardry CryptoWizardry Tue Dec 24 2024
Investors relying solely on price appreciation to generate returns face significant uncertainty and risk.

Was this helpful?

228
99
ZenHarmony ZenHarmony Tue Dec 24 2024
The lack of profits and dividends also means that crypto assets do not provide a steady stream of income to their holders.

Was this helpful?

270
47
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts