Futures
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Why do many people say that crypto enthusiasts look down on stock traders?
Actually, it’s just three points!
First: Making money is on a different level. If you can double your investment in a year of stock trading, you’re already considered a stock market genius. In the crypto world, doubling your investment in a day is just routine.
Second: The risks are also on different levels. In stock trading, a 10% drop means you’re done—you have to cut your losses, and you might stay up all night worrying. But in the crypto world, a 50% drop is nothing; the next day, you do whatever you want and continue happily. That’s why people in crypto think stock traders have a fragile mentality.
Third: The understanding is on different levels. The stock market focuses on policies, while the crypto market looks at trends and market cap—mainly trading on information gaps. But in crypto, it’s about perception and cognition. Some also say that stock trading is small-scale, while crypto can lead to great wealth and prosperity.
Overall, this is the main reason why the crypto community looks down on stock traders. But on the other hand, the stock market is more stable, while crypto is more extreme. There’s no right or wrong, high or low.
There’s no correct path—only the one that suits you.