-
Meme Crypto Tokens (Investment Based On Speculation)
The current position of the crypto market right now is that everybody is investing in meme coins based on a speculation that they might hit a certain value next year. Is investing in the coin based on this speculation since it comes with a lot of uncertainty halal? Example ; I buy the coin for X amount today hoping it will be 100X by next year but I don’t lose anything since it will either go up or stay the same amount.
-
1 Reply
-
Meme Crypto Tokens (Investment Based On Speculation)
updated 9 months, 3 weeks ago
2 Members
·
1
Reply
-
Uncertainty is always there in every business. The element of risk does not make a trade haram. We tell only about halal and haram, now it is a matter of practical wisdom to decide whether or not to invest in a business.
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 1874 days, 8,946 registered users have posted 64,892 messages under 18,828 unique topics on Ask Ghamidi.
