Anonymous
Anonymous asked in Business & FinanceInvesting · 2 months ago

Which crypto currency should i invest in?

I know i am late. I was watching a podcast and this guy name pomp was on there talking about crypto currency. It was the first time it was actually explained to me that made sense. 

So i know its small but i put $50 in bit coin and $50 in Celo

I plan on doing this maybe each paycheck cus it it wont hurt. And if i have kids i might be able to hand them down a nice lil chunk of change

So which ones should i invest in or should i stick with these two. 

2 Answers

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  • kswck2
    Lv 7
    2 months ago

    Ask yourself this: What can you actually do with It, is not a physical object, it is not a food, it is and Idea. What can you use it for? Nothing, except to sell it. How is the value of it determined? What is the price backed by? Nothing. 

  • Anonymous
    2 months ago

    neither. Gambling is a bad idea. never use the word invest when it comes to crypto.

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