Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by misnamed on Thursday December 03, 2020 @04:42PM
(#25295544)
I know what it means but have no idea how profitable it is or whether those profits are guaranteed or fleeting. Best I can tell it's like any service (business, not investment): depending on demand and competition, you can make money for a time, then stop at some point. So far that has never been an issue for people investing in the global stock market (i.e. the global stock market persists even as individual stocks, sectors, industries, even whole countries have crashed in the past).
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by okokok___ on Thursday December 03, 2020 @06:05PM
(#25296631)
>depending on demand and competition, you can make money for a time, then stop at some point.
This is literally anything economic on planet Earth.
>So far that has never been an issue for people investing in the global stock market
the global stock market is at its highest valuation ever, good luck with that. I'll keep buying Ethereum
What about staking? In this case, you're providing a service to the network and being compensated for it.