The stock market is tied to companies that exist in the real world that, theoretically at least, provide value through providing services or creating products. Crypto is tethered to nothing, hence the extreme volatility.
That’s partially true but also partially false. Regardless of the crypto, it absolutely is tied to something. You need to look into how Bitcoin, etc are mined. However, for another example, I have money invested in MANA, which is a crypto currency used in decentraland, and Facebook’s meta verse. Those are real companies with products, services etc. They’re emerging products and services, but products and services nonetheless. Many people have little knowledge when it comes to anything crypto. And that’s ok, it’s a very niche market.
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