Investors who leave their cryptocurrency in the custody of an exchange are like people who invest in Starbucks even though they don't drink their coffee. They might make good technical money, but their actual understanding of use cases and value propositions is questionable.
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You don’t have to like Starbucks coffee to understand that other people are buying it
If you don't understand *why* they are buying it -- which requires sharing their experiences -- then you are ceterus paribus a below-average coffee stock investor
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I hate Starbucks coffee
though I understand that argument. My best crypto investments last year were on things I don't like too... -
So you got lucky gambling, congratulations.
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I think that you didn't understood my tweet... (or I wasn't clear, don't know...) The fact that I don't like something doesn't mean that I don't understand that (and why) other people like it.
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It makes it quite a bit less likely, especially with something so widely misunderstood as money.
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Short term speculation and long term investments can both lead to huge gains (or loss). The latter is more healthy for the industry involved.
End of conversation
New conversation -
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It would be great if someone could explain to me why anyone would regularly buy coffee at such a store.
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