I would say it's quite wrong to think of crypto as some sort of stock.
Stocks are ultimately anchored in a company, and it's ability to pay dividends to it's owners. The historical average of the value creation for S&P 500 for dividends are about 40% so it's not an amount that can be disregarded.
Since crypto doesn't have any similar mechanism, and all of the value is instead tied to what other persons want to buy it for, I argue that it's better to compare it to an online casino rather than an stock market. That would be more fair for those that are new to investing.
Stocks are ultimately anchored in a company, and it's ability to pay dividends to it's owners. The historical average of the value creation for S&P 500 for dividends are about 40% so it's not an amount that can be disregarded.
Since crypto doesn't have any similar mechanism, and all of the value is instead tied to what other persons want to buy it for, I argue that it's better to compare it to an online casino rather than an stock market. That would be more fair for those that are new to investing.