Why are you invested in crypto?

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Why are you invested in crypto?

(I’ve tried posting this in a couple of severs unfortunately I don’t have enough karma)

I was talking to a co-worker at work today about crypto, within which we where talking about blockchain as a whole trying to figure out what is backing crypto (Gold,Federal versus etc), and how the fundamentals of crypto currency differ from the fundamentals of stocks.

this is when I was asked a very interesting question, “why did you invest in crypto?”, at first it seemed like an easy question, but i wasn’t able to answer it, so I thought I’d asked Reddit.

Forgetting about, FOMO, being told to invest in a coin by a mate, or even because a coins is on a moon mission, or any another reasons that don’t require any technical / theoretical decision making.

Why are you invested in crypto, what’s backing the project, what made you think that’s the coin I want to put my money on?

submitted by /u/Cursedimage5
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