A man posted an unfair comparison on Crypto and equities, stating how one can lose more money in stocks than crypto but the comparison is too specified on two financial products.

Netizens call it an unfair comparison.

Here is what netizens think:

People think that Crypto is worst than Equities.

That cant be further from the truth

if you bought $1 of bitcoin at the peak of 64400usd on 12 Nov 2021, you would be left with 30cents (at the current price of 19294usd) – a loss of 70%.

If you bought $1 of the top Singapore ride-hailing firm Grab at a peak price of 16.37usd on 12 Nov 2021, you be left with just 17cents (at the current price of 2.70usd) – a loss of 83%.

Therefore mainstream tech stock can be riskier than mainstream crypto.

But both will bounce back.

Here are what netizens think:

Equities tend to perform well from medium to long term period. An Apple stock was at a mere $38, 5 years ago. Today it’s worth $138. Yes the market will go up and down. But over a long period of investing, and with dollar cost averaging, one can mitigate volatility risk in equities unlike Crypto which can fall to zero over night.

I wouldn’t think Grab is a good example. It’s a troubled stock even before they listed. It didn’t boom before and after covid. Don’t know when will they bloom for themselves and the investors.

Why use bitcoin? Use Terra and Luna to compare lah. Lol

This is called data-cherry-picking to suit agenda “crypto better than equity”. It doesn’t prove anything