#crypto In the eyes of many experts, cryptocurrencies are not a true investment. Although their value may increase, they believe it is more about speculation.
This is explained by the fact that cryptocurrencies do not generate any "cash flow." To make a profit, someone has to pay a price for the currency that is higher than what the owner paid. Cryptocurrency thus illustrates the investment theory of the "greater fool." It is impossible to compare its purchase with investing in a well-managed company. In fact, the value of the company increases over time and with sales.
As a result, experts advise investors to stay away from these assets. Warren Buffett compares cryptocurrencies to paper checks. For him, "it is an efficient way to transfer money anonymously. Checks can also transfer money, but they have no value."