KMFDM Sucks
kiwifarms.net
- Joined
- May 1, 2022
If you're doing shorter term trading and have no insider info, crypto and conventional securities are about the same. The motion of a stock is functionally identical to Brownian motion (continuous random walk).This is pretty much exactly why, whenever it is brought up, I always tell people to treat Crypto like day trading and gambling mixed in together. While "nothing" backs the value of Fiat currency, literally nothing backs the "value" of Crypto. Its only value comes from whatever a bunch of Anons decide it should be today, and the Pink Wojak meme pretty much owes its existence to dumbasses losing everything they have to the latest Crypto scam memecoin.
And besides, the only reason to actually use Crypto as money is if you're buying illegal shit.