t's a hustle, it's not an investment. You only have to look at the way it's portrayed on social media where its pumped with all the enthusiasm that travelling salesmen used to peddle snake oil in olden days. It's a gamble where you hope to find some mug willing to pay more for it than you did and you're not the one that is left holding the bag.

It has no intrinsic value and despite all the white papers in the world it doesn't do what it says on the tin. People who have it have it purely for convincing an idiot to pay more than they did. People argue how the coins are currencies and how it's all decentralised money yet they constantly do nothing but compare the value of the crypto they own to fiat currencies because basically it has no purpose and outside of true stablecoins, which at least can be used for a cheap way to transfer money without the risk of their value changing 10% within seconds, because of its volatility never will.

I own crypto but at least I'm honest and say the reason I do it is because of the sole purpose of hoping that the money that's in other peoples pockets ends up in mine. I don't bullshit like far to many do, especially those investing in meme coins like Doge and Shib.