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To: catnipman

Clark Howard said if you like gambling invest in crypto......if not, don’t.

That’s all I needed to hear.

I’m not smart enough to understand how it works anyway.


6 posted on 06/15/2022 4:04:55 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: V_TWIN

I’m not smart enough to understand how it works anyway.


Perhaps that should be the first rule of “investing”.


8 posted on 06/15/2022 4:09:01 AM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: V_TWIN

No one can explain what “crypto” is. I have not heard a simple, concise definition.

And if you cannot come up with a simple, concise definition, then you dont know what it is either.


9 posted on 06/15/2022 4:11:33 AM PDT by Tea Party Terrorist (Eat the Rich)
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To: V_TWIN

“I’m not smart enough to understand how it works anyway.”

which is the best reason in the world NOT to invest in something ... btw, given that there are literally THOUSANDS of DIFFERENT varieties of CryptoTulips being actively traded, i’d have to say that the primary way they work is to separate fools and their money ... btw, NFT-tulips are an even bigger scam ...


10 posted on 06/15/2022 4:17:59 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: V_TWIN
I'm glad I'm getting too old to even begin to establish an understanding of crapto currency ... especially the suspicious-sounding "mining" bit. I'll stick with the failing monetary system ... even up to the point where its most valuable use is for playing Monopoly.

That revelation made, I wish financial success to those who play the electronic money (although i expect that someday a "crypto-currency" addiction hotline will be set up by some enterprising soul.)

52 posted on 06/15/2022 1:16:35 PM PDT by glennaro (Live life unbullied and unafraid. Choose to ignore or fight the irrationality that surrounds you.)
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