Highlights of "Bitcoin vs Stock" debate. What moomooers think of cryptos?
Last Friday, we kicked off the first Moomoo Courses event:
Earn 30K reward points! Learn investing tips via Moomoo Courses
Earn 30K reward points! Learn investing tips via Moomoo Courses
As lucrative as the rewards were, a lot of moomooers commented at the designated article ( Bitcoin Prediction: Hear from Charlie Munger, Cathie Wood, Buffett and Soros) and started a fierce competition on moomoo!![]()
As promised, we will announce the winners of our first event this Friday.
We hope you can understand...![]()
It's extremely difficult to select 8 lucky ones out of 300+ insightful/interesting comments, and below are some of the best comments selected for you.
We hope you can understand...
@Machiavellis3rdEye: “Been doing both now for more than three years. Stocks i expect 20-30% per year but crypto returned me 10x, no joke”.
@boomsy: “crypto is an early investment that’s still evolving with huge upsides and down.”
You're very welcome~ @JLee07 @71565998
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And many, many more insightful comments:
- A great piece of advice from @Dadacai!
- @Sharkman: “Invest the product (crypto, stocks, options,...etc) only when you have the following...”
@Big_Long_Investor: “I think crypto in general has potential as a digital currency, but that would be trying to pick the needle in the haystack, it may be bitcoin or some crypto not yet made!”
- A great piece of advice from @Dadacai!
- @Sharkman: “Invest the product (crypto, stocks, options,...etc) only when you have the following...”
@Big_Long_Investor: “I think crypto in general has potential as a digital currency, but that would be trying to pick the needle in the haystack, it may be bitcoin or some crypto not yet made!”
@102206726: “ definitely prefer stocks. BTC is nice to have as a hedging tool ... But, for the amateur investor, at its current price, it is more risk than reward.”
@RichDinero757: “Stocks are slices of a company and represent value...I will always prefer stocks. Although with blockchain technologies, it's simply a new way real world problems can be solved.”
@Ang Borg Yang: “In my opinion, Bitcoin is a highly speculative investment. No one is certain it will go up or down. I believe it's grossly overvalued, and the underlying asset doesn't deserve a value of $1 trillion.”
@BLsince2020: “Before going into Bitcoin, we should reflect his view on gold and analyse from there. WB commented that same thing on gold...But we have seen gold price going higher and higher.. have it collapsed? Like wise for Bitcoin, it fall under the category like gold, and it is something that WB is not interested with. But does it mean that Bitcoin will not be going further up?”
@RichDinero757: “Stocks are slices of a company and represent value...I will always prefer stocks. Although with blockchain technologies, it's simply a new way real world problems can be solved.”
@Ang Borg Yang: “In my opinion, Bitcoin is a highly speculative investment. No one is certain it will go up or down. I believe it's grossly overvalued, and the underlying asset doesn't deserve a value of $1 trillion.”
@BLsince2020: “Before going into Bitcoin, we should reflect his view on gold and analyse from there. WB commented that same thing on gold...But we have seen gold price going higher and higher.. have it collapsed? Like wise for Bitcoin, it fall under the category like gold, and it is something that WB is not interested with. But does it mean that Bitcoin will not be going further up?”
@LilHuanHuan: “In conclusion, while I do believe that stock investment holds more stability (mentally too HAHAHA), cryptocurrencies are here to stay for the long run (remember, Proof of Concept and Scalability).”
@Cedric King: “To me, Crypto trading is like playing a game of "Pass The Bomb"...So the question is, are they just gambling that they are not the last person holding onto the bomb when it explodes?”
@Cedric King: “To me, Crypto trading is like playing a game of "Pass The Bomb"...So the question is, are they just gambling that they are not the last person holding onto the bomb when it explodes?”
Team "Bitcoin":
Team "Stock":
Please be aware the official winner list is to be announced on May 7th ET. Stay tuned for our next event~
If you missed the deadline but still hope to share your thoughts, feel free to comment below! Though they cannot be counted for rewards, we always welcome your feedback![]()
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Stoc-King : How can I see all my likes? I thought we were going by likes and the post Moomoo feels is important
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Please note that moomoo also handpicks 5 comments with best quality. It’s a really tough decision
Milk My Stocks : Crypto does not represent anything, stock is a reflection of company performance. Crypto can be made illegal but not stock
Milk My Stocks : Stocks help to create jobs, crypto create gamblers
Tae Orion Milk My Stocks: Crypto is a representation of blockchain companies. Simply because the company behind the crypto you are blindly gambling with is part of the internet business culture it's obviously apperant you wouldn't see it's companies in that old school main stream market that is dying off. Let's face it fear and corona is changing the way everyone on the planet is doing business.
Huat41 : wow
huat ah :
huat ah : Crypto is good only if there is some regulation to govern. Also, it is hard to value crypto as it solely depends on demand and supply. Unlike stock, value determine by earning ratio etc..
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