I have mixed feelings on the Crypto crash. On the one hand it was so obviously a scam from the word go I am amazed that anyone could be dumb enough to put their money in it.
On the other hand scammers take in honest people all the time. Unfortunately, the biggest losers seem to be people of modest means who could least afford to lose …
I have mixed feelings on the Crypto crash. On the one hand it was so obviously a scam from the word go I am amazed that anyone could be dumb enough to put their money in it.
On the other hand scammers take in honest people all the time. Unfortunately, the biggest losers seem to be people of modest means who could least afford to lose their money.
Time tested advice is often right:
1 - Never invest in anything you do not understand.
I have mixed feelings on the Crypto crash. On the one hand it was so obviously a scam from the word go I am amazed that anyone could be dumb enough to put their money in it.
On the other hand scammers take in honest people all the time. Unfortunately, the biggest losers seem to be people of modest means who could least afford to lose their money.
Time tested advice is often right:
1 - Never invest in anything you do not understand.
2- If it sounds too good to be true....
Bruce, while you are right on, you are talking to the Bulwark choir.
Too many Americans (perhaps people around the world, too) live out the Gordan Gekko ethos of "Greed Is Good."
The problem is that 99.9% of greedy people are on the outside, and greedy insiders make the moola and pull up the ladder.