Crypto! Crypto!! Crypto!!!
Is it a sustainable business?
Should we invest in Cryptocurrency?
Well, I am having these questions for the last two weeks. I did some research and here is what I found:
Crypto is a kind of business in which one party is in loss and one is in profit.
I mean it actually runs on people's emotions. Sometimes people's emotions get high and they go to buy bitcoin and the bitcoin price increases and some people get and some go into loss.
Let's suppose I am going to buy bitcoin and I am thinking that after two weeks Donald Trump or Elon Musk will tweet that he is going to buy bitcoin with 1Billion $ and crypto prices will increase and I will get a profit. Lol...
or the whole word emotions will get high and they will purchase bitcoin and bitcoin price will increase.
This is not sustainable at all...
What do you think? Let me know in comments
I will share some sustainable business ideas in the next post.
