• calcopiritus@lemmy.world
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    4 months ago

    Investments are not effort-to-profit. They are risk-to-profit.

    There is no such a thing as risk-free investing. If there is an investment with good returns, it means it’s just as easy to lose all that money.

    • NateNate60@lemmy.world
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      4 months ago

      This is not investing. I did not ever hold significant amounts of cryptocurrency. People would ask me to sell them crypto and then I’d buy it on a crypto exchange and then sell it to them.

      I do not believe holding cryptocurrency qualifies as “investing”. It is much closer to gambling as the entire valuation is purely speculative. I get that all investing is gambling to some extent, but it’s not the same as stocks, for example, because holding stocks gives you voting rights for a company’s board of directors and entitles you to a portion of the company’s profits in the form of dividends.

      There is risk, of course, but it is not market risk.

      • calcopiritus@lemmy.world
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        4 months ago

        Don’t call it investment if you don’t want to, but there’s no such thing as easy money.

        If there’s a way to earn money with little effort it means that there’s a big risk.

        • NateNate60@lemmy.world
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          4 months ago

          As stated in the previous comment:

          There is risk, of course, but it is not market risk

          I understand and agree with everything you said.