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Is Crypto Finally Dead?
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this post was submitted on 19 Jun 2023
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Technology
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Gambling except the expected value is higher than 0
Is it really though? If I were to go and buy my first ever crypto coin today would you really say the expected value is greater than 0?
I have no doubt those who got in years ago or mine coins using other's resources have an expected value greater than 0 but that's not the entire market. I hope.
I guess it depends on your time-frame and your risk profile. BTC/ETH over the medium term has done much better than pretty much any other asset in the world. Altcoins didn't even factor into my brain when I made that comment.