My friend and I are having a rather heated debate on investing vs speculation in the cryptocurrency market. I was always taught that the idea of investing involved ownership within a company share, property or asset. And speculation has to do with taking a trade in the essence of making a profit from the difference in movement.
He's arguing you can invest in a cryptocurrency such as Ethereum or bitcoin while I'm saying it's pure speculation. There's no ownership in anything if you buy an ethereum or bitcoin. If you invest in the company, they value shareholders while a currency can't provide the same relationship. I see cryptocurrency trading as a speculation just like trading the futures market in a commodity or currency. What do you guys think?
Submitted June 13, 2017 at 05:21AM by Fancystreetstyle http://ift.tt/2swwzfl
