From a thread on FB group TSLA shareholders asking who holds cryptocurrencies.
<< Mark Zoeckler
Jason Vickery when there is no underlying intrinsic value, it’s gambling
Clayton Slade
Mark is correct
Clayton Slade
Poker champions do a lot of due diligence. But they are still gambling. You only win what others lose. Zero sum.
Owning a stock is different because the underlying company produces a product and hopefully eventually earns a profit. >>