Change My View: Why Cryptocurrencies Are Bad Investments

Prices may soar, as history’s bubbles show, yet cryptocurrencies lack inherent utility and stability. They incur high energy costs and pale next to investments yielding real returns.

hey i been on the fence about cryptos too. they feel too unstable to me. sure, tech upgrades might help, but the wild volatility and market shenanigans make them a risky bet for regular investors.

hey, i find this discussion pretty intrsting. i get that crypto seems kinda risky, but could it be that we havent seen its full utility yet? like, sure, it burns a lotta energy and doesn’t have the same tangible returns as, say, real estate, but what about its potential in revolutionizing financial transactions or making systems more transparent? im just curious. has anyone thought about how future regulations or tech improvements might shift its value? i really want to hear what others think about this possibility.

My observation is that cryptocurrencies often lack the predictable behavior seen in traditional investments. Over time, I’ve seen their value swing widely, making them unreliable for long-term financial planning. The absence of tangible assets backing these currencies contributes to their instability, while ever-changing regulatory frameworks add additional risk. Although there is potential for practical applications in specific areas such as digital transactions, the overall uncertainty and environmental concerns lead me to be cautious about considering them as a sound investment.