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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Short term speculation and long term investments can both lead to huge gains (or loss). The latter is more healthy for the industry involved.
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though I understand that argument. My best crypto investments last year were on things I don't like too...