So you have $100. What do you do with it? Put it into stocks? Or crypto? Good question.
Stocks are certainly for the long term. They’re old and have been around for a long time. Some yield dividends. Some do not. You have the potential to gain as much money as the company grows. But the company can also fail. In which case, say goodbye to that money. Stocks are also limited in that, they generally can’t be attained for little or no effort.
Crypto, of course can also be for the long term. Look at Bitcoin. But can be very volatile in their value. That being said, there is a wide variety of coins. Some can be had for as little as 1p. But, one key factor in crypto’s favour, is mining. Instead of investing in stocks or a coin, you could buy or build a mining rig and mine your own crypto.
Stocks can also only be traded during the market hours. Crypto can be traded 24/7. So it sounds like crypto is a winner here? It can be, but it can also be a negative since you may miss a major peak for a sale or a drop for a purchase. So not so easy.
Overall, it’s hard to say which is better. Stocks are more stable to some extent and have strict trading times. Crypto is more volatile but can be traded whenever you want with lower fees. Ultimately, the choice is yours.