Because it does not appear safe. Too many risks along the road. Simple as that. And I don't trade in what I don't believe in. I can't even begin to fathom how any government or serious money manager would consider spending time and money on such flawed concept as btc.
But all of them are though, dont you think they have done due diligence? And of course there are risks, you don't just get 100%+ returns for 12 years with no risk.
I don't want my funds gone overnight because I transferred them from exchange a to b or in and out of my wallet. I am expecting absolutely 100% safety of my fund when they are supposedly "safekept". Ever heard of fiduciary duty?
Where is YOUR thoughtful response? How do you do due diligence on hackers, on incompetent developers? How do you do due diligence on exchanges that claim to be safe and fold the next day? Or rug pulls or whatever that shit is called that is played daily. As of now cryptos and the entire defi space is shady af.
You are welcome! Anybody who thinks that any kind of investment will just go up forever and ever is a farking moron. Not to mention cryptos have jumped the shark since the Super Bowl. If you want to trade it, trade it. But don't push it like this is the best investment choice from now on, because that is obviously BBBY.
LOL BBBY -4.83 -20.93% today. Nothing like staying current. Simply click/check yahoo or some other freebie site, if you are someone who doesn't even have a broker to check with.