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> ou wouldn't say 1 share of Amazon stock is speculatively worth $3,205. It's objectively worth that --- start quote --- https://www.investopedia.com/terms/s/
by dmitriid 5y ago
> ou wouldn't say 1 share of Amazon stock is speculatively worth $3,205. It's objectively worth that
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https://www.investopedia.com/terms/s/speculation.asp https://www.investopedia.com/terms/s/speculation.asp
In the world of finance, speculation, or speculative trading, refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain or other major value.
--- end quote ---
Crypto is the very definition of speculative trading.
And yes, stocks are as close to be to that as to be indistinguishable in my opinion